Why Are Premiums On Physical Gold And Silver Rising Even As Futures Crash?

 Premiums on physical Gold and Silver are on the rise again after both metals were smashed again Wednesday. Why are investors paying premiums for Gold and Silver when so many forecasts on further crashes are doing rounds? What do they know that these biggies are missing or is it simply deeper

manipulation of the Paper Gold and Silver prices? Is it again due to the naked shorting by the usual suspects, trading desks, big banks and hedge funds? Has the physical market completely disconnected from the paper market? Right - Gold and Silver physical markets are facing a complete disconnect with the paper or the futures market only based upon the fact that these paper markets can be easily manipulated. These markets were initiated for achieving a better price discovery based on current fundamentals and prospective future demand and supply factors. But now have become a playground for the Big and Influential or more popularly known as TBTF. Much has already been spoken, written and debated upon the same and I would prefer not to get into those details again here. Whatever is the reason for the gold and silver price smash, what I wonder is, who in his right mind would prefer to pay a large premium for something that he would get at a much cheaper price in just some more time? - No, these investors just won't wait, but rather stand in long queues, pay premiums and confirm holding some Gold and Silver rather than await a more attractive price. Why? It's the shortage of supply in gold and silver and more bottlenecks in supply expected as the mining industry halts productions. Going ahead I'll explain the same.
 http://seekingalpha.com/article/1524592-why-are-premiums-on-physical-gold-and-silver-rising-even-as-futures-crash?source=google_news


MAKE SURE YOU GET PHYSICAL SILVER IN YOUR OWN POSSESSION. Don't Buy SLV, or Futures or Pooled Accounts or any other BS paper silver product .Remember anything on paper is worth the paper it is written on. Go Long Stay long the bull market have even started yet

How to buy physical GOLD?

In these troubled economic times, Gold bullion will continue to be a great investment .Zaman Monirez, president of the Bullion Mart, on the ins and outs of investing in physical gold. You are rightfully worried about inflation eating up your hard-earned savings, the stock market malaise, and the deflation in the housing bubble crushing your home value. Buying physical gold is an excellent hedge against inflation, and against almost any type of crisis. You won’t find a single fiat currency throughout human history that has stood the test of time – all of them went to their intrinsic value zero. Gold on the other hand is the ultimate form of money, because it cannot be destroyed. An unprecedented shortage of physical metal currently exists in the popular gold and silver bullion markets. Premiums, the amount paid and charged by bullion dealers over the current spot or cash price, are at the highest levels since at least 1980, and possibly the highest ever seen for popular gold and silver bullion coins and bars.

That’s the bad news. People want gold and silver badly. They are willing to pay much more than the spot price, but they can’t find bullion to buy. They can’t find it because there isn’t enough physical metal available at these drastic, artificially induced, fear and fund-liquidation-caused spot prices.