APMEX out or running out of silver

S

Struggle Street

Member
I received an email from APMEX one hour ago offering $3.00 US above spot for any American silver mint product.

America the beautiful sets are being bought by them for $1250.00 US.
 
Struggle Street said:
That's exactly what I thought.

Interestingly the email was sent AFTER the close of the US market.
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Just proves how manipulated the market is when there is such a shortage of silver with such a huge demand and the price goes down.
 
I find this interesting, as some bloggers are saying we are in a blow off top and its time to sell because there is too much silver, but doesn't seem like there is if APMEX are emailing people offering to buy
 
Dealers can make money whether spot rises or falls - if there's a physical supply crunch, they need product to move regardless of the price direction.

Should be positive news for the price though - they'd be in the top 3 physical dealers in the USA - if they can't source stock, it's very bullish.
 
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