LCS Report
Image cannot be displayedIs there really a shortage of metal? Well, this form will try to keep an eye on that important fact.
Please post a brief report here each time you stop in a dealer.
If we compile them, I believe we'll have an important indicator of what is really going on among our class of buyers. below I have quantified the various reports that appeared from Wed to Friday. I simply averaged the premium on ASE's and Maples that were reported. Then I made a jusgemnt call on the "availability" descriptions and rated them on a scale of 1-5 with 1 being very hard to get, 2 being silver less available than usual, 3 is normal stock, 4 lots of choices, and 5 when you can hardly give ht stuff away.
For the week ending 11-7-14 we have the following data
Average premium on 1 oz minted coin: $3.79
Shortage report: 1.7 out of 5. Lower stock than usual, buy most customers get what they are after.
