It'll be interesting for sure. Physical delivery is trading 20% above spot and silver is even more difficult to obtain than gold as suppliers struggle to produce the various products for delivery to retailers/traders.
I wonder how AYN will now handle it's own sales. When the spread is now so high. How do you price a company when the spread offers variations on valuations.
The global economic situation becomes more parlous by the day. Any more shocks to the system and PM's could simply take off. There's certainly more upward pressure than downward even with manipulation.
Whatever way this shakes out I can't see anything other than PMs heading for the moon over time and for a very long time
AYN Price at posting:
0.7¢ Sentiment: ST Buy Disclosure: Held
