Silver and Gold are both still over priced, as to the premium over spot, I spoke to my dealer in Lowell, he had 1 oz off bread bullion for 22.50 an ounce Wednesday. I believe you will see the spot take an additional 10 percent dip the next time you see a little better economic numbers come out, and then the margin will tighten up,
When it gets below 20 per ounce, I will start picking it up again weekly with a portion of my pay check.
I started purchasing in august of 2003 and sold out in January of 2010. you can look up the charts.
I have bought no gold or silver since January of 2010 as the margin over spot has been way over priced.
By low sell high,
The dooms dayer's should not invest in metal, YOU ARE TOO IMOTIONALLY DRIVEN TO BUY AND SELL LOGICALLY.
Remember folks when you resell you resell for dollars, you are not exchanging for necessities unless the SHTF or TEOTWAWKI you make up the new scary acronym.
Silver and gold will not buy necessities after (make up and fill in acronym) ass, ammo, and brute force, are the only things that will get you a fresh can of corn.