The spot price on silver is set to drop below $15.00 per ounce once again, but the dealer premiums are still running high. This is due the combination of increased silver investment, because of the lower spot value, bullion dealers scrambling to protect their investments, and because the US Mint ran out of silver to produce the one ounce Silver Eagles, due to unusually high demand. Production is anticipated to resume shortly.
In order to get the best purchase price on your silver investment, the buyer must compare prices offered by different bullion dealers. As of the time of this writing, the best value on bullion silver may be found in the one-ounce silver round “Don’t Tread on Me,” which is available at providentmetals.com for $1.49 over spot. Those interested in 10 ounce silver bars may purchase them for about $165 each when using paper or electronic check, at either providentmetals.com or jmbullion.com.
Hope this information is useful to all my readers desiring to build wealth over time. May God bless you.