Physical Silver Running Low Yet Again

Updated 3/3/21 @ 7:00 PM EST

Posted by Gregory Monte.

For graphs showing the physical gold & silver premiums as well as the current physical gold/silver ratios compared to spot, please go to my website:

As of my latest Ebay check, physical silver availability is getting more strained.

Here are the latest totals of availability:

UPDATE 3/3/21 @ 7:00 PM EST: Here are the Ebay dealers offering 20 coin Silver Eagle tubes in quantities of more than 10:

DBS Coin: $689.99 – $34.50/coin

Liberty Coin: $699.70 – $34.98/coin

APMEX: $818.35 – $40.91/coin

What is notable is that MCM is no longer offering coins in quantities of more than 10 tubes of 20 silver eagles (it only has 9 available). This means that the spread betwen the two low cost “discount” dealers (DBS & Liberty) and the next major dealer (APMEX) is almost $6.00 per coin.

I don’t know what this means for the day-to-day artificial spot price going forward, but I am keeping an eye on how this will eventually play out for the real physical market.

As the expression goes, stay tuned …

I want to thank Jason from Wall Street for Main Street for mentioning my blog on his latest YouTube Episode. Thanks Jason!

You can hear him talk about my blog at about the 1:50 minute mark.

3 thoughts on “Physical Silver Running Low Yet Again

  1. Currently, today (March 3), the sentiment is so negative towards gold and silver that we could be near a trend change. Extremes often indicate major tops or bottoms are in. We shall see going forward. But, my advice is go and stay long the precious metals and the quality miners.

    Liked by 1 person

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