Thursday, April 21, 2011

Real Price of Silver Hits $60!

Silver has been on a tear today, closing COMEX trading at $36.06, and continuing its run in the access markets hitting $46.72.  A legitimate run at $50 looks likely next week.
The physical silver market is already well past these COMEX prices however, today hitting $60 on the open market!!



APMEX silver eagles are now $51- for those who have $25,500 cash to invest in 500oz.  Those with at least $1050 cash to invest can pick up silver eagles at APMEX for $52.

Yet for the average man in the street who wants to protect what little wealth he has left and can only spare $50-$100 to put into silver, physical silver has hit an astonishing $59.96/ ounce!  This is $13.36 over COMEX spot prices-  a 28.7 percent premium!

We have again been monitoring 2011 Silver Eagle auctions ending on ebay today, and we present the following ending values for 2011 USSE's.

$57.53
$58.00
$58.01
$59.96



Item Ended
2011 US Silver Eagle 1 oz -NEW- Uncirculated-Beautiful!
Item condition:--Ended:Apr 21, 201114:04:18 PDTWinning bid including shipping:
US $59.96 [ 9 bids ]
Economy Shipping
Seller: