Silver price premiums: when to draw the line? Peter Hug comments

ShowsSilver price premiums: when to draw the line? Peter Hug commentsKitco News Kitco News Friday April 03, 2020 10:22Kitco NewsShare this article:A shortage of silver and gold coins has caused suppliers to increase the premiums charged to several times what they were making before the pandemic, this according to Peter Hug, global trading director of Kitco News.
“The wholesalers are arguing it’s a supply and demand issue, and as far as the old saying goes, you make hay when the sun is shining,” Hug told Kitco News. “The big wholesalers make relatively incidental spreads on Eagles, both gold and silver.” (show less)

ShowsSilver price premiums: when to draw the line? Peter Hug commentsKitco News Kitco News Friday April 03, 2020 10:22Kitco NewsShare this article:A shortage of silver and gold coins has caused suppliers to increase the premiums charged to several times what they were making before the pandemic, this according to Peter Hug, global trading director of Kitco News.
“The wholesalers are arguing it’s a supply and demand issue, and as far as the old saying goes, you ... (read more)

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