by David Brady
Sprott Money
First a quick update on the Physical Metal situation. The good news is that there is still product available to buy, there is more inventory coming back online, and premiums over the paper price are falling. The bad news is that the improvement in supply levels is largely confined to the coins; cheaper bars >10 oz. remain relatively non-existent. Premiums also remain high, especially in Silver. Then there is the question of geography. The lowest prices are in the United States, the highest in Europe. Below is the change in the minimum premiums for coins and bars compared to a week ago: