Silver/Gold Down

[Generic Lad]

Silver's down to about $22/oz and gold at around $1300/oz although the premiums for physical metal is insane at the moment ($28/oz for generic bars/rounds and $31 for Eagles from my coin dealer) anyone else out searching for some sovereigns or cheap silver coins?

[Rob]

Silver's down to about $22/oz and gold at around $1300/oz although the premiums for physical metal is insane at the moment ($28/oz for generic bars/rounds and $31 for Eagles from my coin dealer) anyone else out searching for some sovereigns or cheap silver coins?

You are probably ahead of most dealers over here who wouldn't monitor the gold or silver price in the middle of the night. With gold falling nearly £100/$150 in 24 hours, someone is going to get their fingers burnt. Actually, make that lots of people. I read the commercial and supply rationale for the falls, but the world is no more stable now than it was last week or last month. If North Korea does anything stupid, it will rebound in a flash.