Gold and Silver: Why a 2009-Like Price Surge Is Ahead

Despite both gold and silver prices being depressed right now, the premium above the spot price to buy real gold and silver are at absurd levels.

When you go out to buy gold or silver bullion (gold and silver coins and/or bars), you pay a certain premium over the current spot price. If you purchase a gold coin when the spot price of gold is $1,130 an ounce, on a normal day, you might pay a $39.00 premium. For silver, the premium has historically been four to six percent above the spot price; if the spot price for silver is $15.00 an ounce, then you pay about

The post Gold and Silver: Why a 2009-Like Price Surge Is Ahead appeared first on Profit Confidential.

First published here: http://www.profitconfidential.com/gold/gold-and-silver-why-2009-like-price-surge-is-ahead/

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