Andy Schectman: Silver premiums rise, some products out of stock, as silver price shoots higher
Andy Schectman: #Silver premiums rise, some products out of stock, as silver price shoots higher
The last few months of trading in the silver market have seen a divergence between the selling on the #COMEX and in the #SLV shares, and consistent buying in the retail physical silver market.
Now that's resulting in many products getting harder to find again, with some wholesalers saying they are sold out on several items and are weeks away from having more. Premiums are also rising again, with higher wholesaler prices getting passed along to the end retail buyers.
Fortunately, Andy Schectman of Miles Franklin checked in to share what he's seeing in the market, and what his business' order flow is like amid the turbulent conditions. Investors remain concerned about what they're seeing in the financial markets right now, and even despite the lower silver spot price, many are still turning to silver as insurance.
So to find out more about the latest conditions in the physical silver market, click to watch this interview now!
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To get more information or pricing about physical silver or gold email:
Arcadia@MilesFranklin.com
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To find out more about Blackrock Silver go to:
https://blackrocksilver.com/
To watch the full presentation by Andrew Pollard of Blackrock Silver go to:
https://www.gowebcasting.com/events/precious-metals-summit-conferences-llc/2022/09/15/blackrock-silver-corp/play/stream/34825
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To get Arcadia silver videos delivered straight to your email inbox click here:
https://arcadiaeconomics.com/email-signup/
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To get on the waiting list for your very own ´Silver Chopper Ben´sterling silver figurine click here: https://arcadiaeconomics.com/get-a-chopper-ben/
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To get your paperback or audio copy of The Big Silver Short go to:
https://arcadiaeconomics.com/thebigsilvershort/
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To see the evidence of manipulative behavior in the silver market (as well as how you can send it to your local regulators and Congressional representatives) click here:
https://arcadiaeconomics.com/cftc-complaint/
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To sign the petition to ban JP Morgan from having any involvement in the silver industry click here:
https://www.ipetitions.com/petition/ban-jp-morgan-from-trading-gold-and-silver
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Follow Arcadia Economics on Twitter:
https://twitter.com/ArcadiaEconomic
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To receive updates about Arcadia option trading events:
https://arcadiaeconomics.com/options/
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#silver
#silverprice
And remember to get outside and have some fun every once in a while!:)
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