Wednesday, December 28, 2011

APMEX Hikes Premium for 90% 'Junk' Silver $1 on Paper Silver Smash

The cartel has successfully smashed paper silver futures prices 6% lower on the day, nearly a full $2 on the day at the lows near $26.78.  While paper futures prices are collapsing, physical silver premiums are suddenly skyrocketing higher. 
90% face US Silver 'junk' coins, normally available near spot to .20-.30 over spot, have been raised to $1 over spot.   $1 over spot for 90% face junk coins!  So much for the collapse of physical silver prices, which are down a mere .50 on the day when the premium hike is accounted for.


Silver Bid: 26.99 Ask: 27.09 Change:  -1.72

90% Silver Coins - $100 Face Value Bag
 
Approximately 71.5 oz of Pure Silver!
Each single bag purchase will contain only one denomination of coins. This ...
 
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Qty Check or Wire Credit Card
Any Qty $2,007.71 $2,067.94



90% Silver Coins - $500 Face Value Bag
 
Approximately 357.5 oz of Pure Silver!
Each single bag purchase will contain only one denomination of coins. 

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Availability: Now


Qty Check or Wire Credit Card
Any Qty $9,988.55 $10,288.21