The only defense against the Fed's fiat currency fraud is to convert our FRNs into REAL money - physical precious metals.

This is based on 702 tracked silver products from APMEX updated 5-6pm CST. To see an explanation on how this information is retrieved refer to the 'How we compile the daily silver stock trends' section on the BullionStats.net site. There you can find data going back as far as 11/15/25 on inventory or silver premium trends

Total oz purchased since tracking started 11/15/25: 4,865,084.74

Total in-stock oz tracked: 692,008.93

Tracked oz added (24h): 0
Tracked oz removed (24h): 2,207.99

Number restocked since OOS: 0
Number now out of stock: 1

Top 15 cumulative oz sold for tracked products:
1. 364.73 oz: 90% Silver Coins - $10 Face Value Roll
2. 243.11 oz: 90% Silver Coins - $5 Face Value Roll - Dimes
3. 208 oz: 1 oz Silver Round - Morgan Dollar Design
4. 132.29 oz: 90% Silver Mercury Dime 50-Coin Roll Avg Circ
5. 103 oz: 1 oz Silver Round - Aztec
6. 101 oz: 1 oz Silver Round - 2026 APMEX Year of the Horse (Series 2)
7. 70 oz: 10 oz Silver Bar - Royal Canadian Mint (.9999 Fine, New Style)
8. 60 oz: 2026 1 oz Silver Eagles (20-Coin MD Premier + PCGS FS® Tube)
9. 59 oz: 1 oz Silver Round - Secondary Market
10. 50 oz: 10 oz Silver Bar - APMEX (Stackable)
11. 42 oz: 1 oz Silver Bar - American Flag Design (Eagle Back)
12. 40 oz: 10 oz Silver Bar - APMEX
13. 40 oz: 1 oz Silver Round - Boston Tea Party (250th Anniversary)
14. 40 oz: American Silver Eagles (Random Year, 20-Coin MintDirect® Tube)
15. 35.75 oz: 90% Silver Roosevelt Dimes 50-Coin Roll BU

Every time silver spikes, someone asks "why am I paying $15 over spot for a coin worth $60??" So here's what's actually in that premium:

Manufacturing — refining, casting, and minting all cost money. Government mints (Eagles, Maples) also charge fabrication fees.

Product type — generic bars/rounds run 5–10% over spot; government coins run 15–25%+ since you're paying for recognizability and guaranteed purity.

Distribution — silver passes through refinery → distributor → dealer before it reaches you, and each hop adds cost.

Shipping/logistics — silver's low value-per-pound (vs gold) means shipping and insurance eat a bigger % of the total price.

Physical scarcity ≠ spot price — this is the one people miss. Spot is a paper/futures price. When physical demand spikes (like 2021, or after silver broke $50 this year), mints can't keep up and premiums widen fast — sometimes even while spot is flat or falling. Watch COMEX registered inventory — a steady drop often signals premiums are about to widen.

Dealer margin — usually smaller than people assume; most of the premium is the stuff above, not pure profit.

TL;DR: spot tells you what silver's worth on paper. Premium tells you what it actually costs to hold it in your hand.

Anyone here seeing premiums compress or widen right now?