Something must be wrong here. Why is eligible silver rising at such a high pace, while registered silver doesn’t budge? This trend can’t last…
Is it because shorts can’t get out?
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| Chart 1: COMEX Silver Stock |
If we look at the premiums on APMEX, we get this. 12% and 16%, which are pretty high premiums lately.
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| Chart 2: APMEX 100+ silver coin premium |
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| Chart 3: APMEX 1-19 silver coin premium |
Correlation Economics (Backup) 