APMEX, Tulving, etc selling at 10c under (for 90% silver) or 30c (for 40% silver) under spot?
Are they just clearing out inventory or is this a sign that we might have found a (short term) top in the silver market?
Or is it because it isnt .999 silver?
Usually those low premiums mean the "retail" demand is down. I am always looking for that low premium
at Tulving or Nucleo as a time to sell, and not a time to buy.
It is a pretty reliable indicator of silver direction, at least short term.