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EVERYTHING You Need To Know About Silver Premiums & Why They Can Be A REALLY Good Way To Make Money!

By BackyardBullion, 21/05/23
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EVERYTHING You Need To Know About Silver Premiums & Why They Can Be A REALLY Good Way To Make Money!

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There are a couple of things to consider.

Silver often milk spots - this will destroy your premium silver as effectively as it will generic silver. When silver is near spot, little to no value is lost. Premium silver loses most of its premium.

Silver has been low priced for years. When it stays low price, generic silver doesn't appreciate. Over time premium silver becomes relatively rarer and so the price of a collectible piece rises. HOWEVER if the actual price of silver shoots up then i expect your percentage proft will be more with generic silver.

BYB's logic holds on past performance and will do until silver breaks out hard.

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