The cartel raid continues in the paper silver market today, with silver now under $40, selling off as low as $39.62. The propaganda machine is preaching from the bell towers that silver’s physical demand has collapsed, and silver is now in a bear market.
The Doc decided to check ebay today, to get an update on how physical silver has responded to this week’s smack-down in the silver pits.
We’ve been monitoring US Silver Eagle auctions again over the past hour or two, and present the following US Silver Eagle auction closes:
$54.00
$54.01
$108.00 for 2 USSE’s
$108.00 for 2
$53.02
$54.01
$54.00
and $54.25
At $54.25, this is a $14.50 PREMIUM to paper silver prices, or a 36.5% PREMIUM!
Can you say Deja-vu 2008 all over again? Paper silver is taken to the cleaners, and PHYSICAL SILVER DEMAND SKYROCKETS!
Amazingly, physical silver US eagles on the free market remain within $2-3 of their auction values before the sell-off, even while paper silver has collapsed $10!
Ended:May 04, 201108:36:04 PDT
Winning bid:
![[Most Recent Quotes from www.kitco.com]](http://www.kitconet.com/images/live/s_silv.gif)
![[Most Recent Quotes from www.kitco.com]](http://www.kitconet.com/images/live/s_gold.gif)
yup, its obvious silver's in a bear market now Doc! lol
is this the final sell-off, or will this continue for the next week or 2?
Can you explain? If physical is selling at a premium why is it that people selling real physical Silver at BullionVault are selling so low?
So far at BullionVault the price of "paper" and physical are neck and neck.
This surely is a better indicator than Ebay?
There are less buyers at BullionVault than at Ebay, which keeps prices lower. Increased quantities will also decrease the premiums. We didn't say that silver eagles could not be found for a lower price anywhere, we just reported what people are willing to pay on the free market of ebay.
идите на хуй я\ вс незвыал…,,,,, куплю ваше серебро физическое в любом количестве
скупаю серебро
НЕТ СЕРЕБРА В МИРЕ ЗАПОМНИ СЕРЕБРО ЗАКОНЧИЛОСЬ
you guys wanna come again in english? no habla russian or greek.
ПО РУССКИ НЕТ СЕРЕБРА
ПО КИТАЙСКИ НЕТ СЕРЕБРА
ЗИЛБЕР ЗАКОНЧИЛСЯ ГДЕ ВЗЯТЬ ДЕШЕВО СЕРЕБРО
im thinking СЕРЕБРА must either mean silver or Blythe! lol
comment in english on an english page people!
ИН ИНГЛИШ СЕРЕБРА НЕТ
This is misleading, Apmex had them at $5 over spot. And they were in stock again, early it seems.
And as to "We didn't say that silver eagles could not be found for a lower price anywhere", your heading for the article implies otherwise. I enjoy reading your articles and references to others sources, but sometimes your content comes across extremist rather than balanced journalism. I'd tame it down a little or risk losing readers.
Wow $5 over spot…misleading? 5 over spot seems a little misleading compared to what the paper price is trading at! You sound more like a CNN reporter anonymous!
don't think Doc's headline is misleading…unless he big up those ebay auctions so he could write the article. sure we can find eagles for less at other places, but thats not the point. the point is physical silver prices have not collapsed as much as the paper price, because the banksters are driving down the paper price of silver, they have no control over the coin/bullion market
I tend to agree with Anonymous 3:59pm. The hyperbole is unnecessary. I don't need to be "sucked in" to read solid content. Otherwise I like your site quite a bit. Sort of like a Drudge report for intelligent PM stories. Keep up the good work.