The company told customers Thursday it’s offering one-ounce coins in its inventory for a 7% premium, or at almost $1,851 an ounce based on Friday’s closing spot price of $1,729.60.
“It’s crazy,” said Mish President Robert Mish. “There is a factor in the market that many of the buyers do not trust the system anymore and want to get their metal in their hands for certain.”
This article was provided by Bloomberg News.