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Ringramjr1
20th January 2010, 13:09
I'm seeing current spot premiums as low as 4% on gold vs 13% for silver. WTH? For instance, the going rate for GAEs is $1,159 ($48 spot premium) vs the SAEs which are going for around $20.40 ($2.40 premium) Why the huge difference in premiums?

SilverJim
20th January 2010, 13:19
I'm seeing current spot premiums as low as 4% on gold vs 13% for silver. WTH? For instance, the going rate for GAEs is $1,159 ($48 spot premium) vs the SAEs which are going for around $20.40 ($2.40 premium) Why the huge difference in premiums?

Always been the case generally for GAE vs SAE. If you want to pay less premium for silver, go with 10 oz bars (about 4-5%) or junk (around 2% right now). When I track my silver's value, I have them broken out into these categories and check the day's premium at apmex.

Jake
20th January 2010, 14:44
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