What is silver ‘telling’ us? Well, we’re experiencing something highly unusual in my long career of buying and tracking silver.
So-called ‘junk silver’ which is pre-1965 US coinage (dimes, quarters and half dollars) used to trade at or often below the spot price of silver.
If silver was $10 and ounce, you could buy silver for the equivalent of $9.80.
Today? It’s a jaw dropping 100% over spot on Ebay and about 60% – 80% over spot elsewhere. I believe this tells us something important about shifting psychology about the dollar itself and people’s assessment of the need for junk silver as an alternative money system in the future.
by vtgothic 
