Andy Schectman: Why silver eagle premiums are soaring
Arcadia Economics, Released on 6/11/22
Despite silver hovering around the $22 mark on the COMEX, the premium on US Silver Eagles has been soaring. Is it a matter of shortage availability, or another inefficiency of the US Mint? In this week ?s physical silver report, Andy Schectman of Miles Franklin checks in to explain what's going on with the US Mint, and share what the retail physical silver order flow has been like recently.
Andy Schectman is the President and CEO of Miles Franklin Ltd. Precious Metals.
Chris Marcus worked 2 years at bond rating agency Moody's, has an MBA from Wharton, and also worked 7 years as an equity options trader for Susquehanna International Group on the American and New York Stock Exchanges, before leaving in 2012 to create Arcadia Economics. In addition to publishing Arcadia's Monthly Market Snapshot, he also currently writes market commentary for gold and silver dealer Miles Franklin, Investing.com, and several others.
Andy Schectman: Why silver eagle premiums are soaring added by Herman James on 06/10/2022View all posts by Herman James ?+'