Andy Schectman: Silver Premiums Have Come In Substantially

Arcadia Economics, Released on 12/27/22

In October and early November, the physical silver premiums were in many cases as high as they’ve ever been on many products. There were also product shortages in many types of silver coins and bars, and American Silver Eagles were close to 100% over spot. Although fortunately the premiums have come in over the past 5-6 weeks, and in today’s weekly physical silver report, Andy Schectman of Miles Franklin talks about the changes in the premiums, and how the market is evolved over the past month. He talks about why the premiums have come down, what’s still available, and whether he thinks the current environment will be maintained. So to find out the latest from the front-lines of the physical silver market, click to watch this video now!

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,, and several others.

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