There is an interesting situation playing out in silver markets

Real Money/Joseph Heller/3-18-2020

“Yet, there’s an interesting situation playing out in the silver markets, as the spot price of ‘poor man’s gold’ has fallen 34% since topping out at $18.99/ounce on February 24^th. Currently trading at $12.57 as I write this, that’s an 11-year low that occurred during the 2008/2009 market meltdown. Seems like it could be an interesting entry point, especially if you believe that the ‘correction’ in the spot price has gone too far to the downside. However, if its physical silver you wish to purchase, good luck finding it anywhere near the spot price.”

USAGOLD note:  We still have a limited number of standard-offer silver bullion coins at reasonable premiums very competitive in the marketplace and we have them in inventory.  First-come, First-served ………