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Premium on old silver coins rises from 8 cents to $1.08 in 3 months, Arensberg reports
2:53p ET Thursday, April 11, 2013
Dear Friend of GATA and Gold:
Gene Arensberg of the Got Gold Report reports today that premiums for bags of old U.S. coinage with 90 percent silver content have risen from 8 cents to $1.08 per ounce in the last three months, an indication that the recent pounding of the price of silver futures contracts is not reflecting the market for the real stuff. Arensberg's commentary is headlined "Dip in Silver Prices Means Higher Premiums for U.S. Silver Coins" and it's posted at the Got Gold Report here:
http://www.gotgoldreport.com/2013/04/dip-in-silver-prices-means-higher-p...
CHRIS POWELL, Secretary/Treasurer
Gold Anti-Trust Action Committee Inc.
Fred Goldstein and Tim Murphy open All Pro Gold
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