And You Thought Ag Premiums Were High In The US? Check Out What Europeans Have To Put Up With.Submitted by Cyril on Thu, 05/16/2013 - 21:13
Now I almost feel like a spoiled child, to be able to buy silver this cheap, here... unlike what's usually going on over there.
Let's consider ourselves "lucky" (kind of), shall we?
On May 11, 2013:
At mark 1min 57secs: Canadian Wood Bison 1 troy oz = 22.50 euros + 10% handling fee = 24.50 euros = ~ $32.60
At mark 2min 27secs: French "Hercules" 10 grams (1/3 troy oz) = 13.80 euros + 10% handling fee = 15.20 euros = ~ $20 (for a THIRD of an ounce)
US Silver Eagles @ 25.20 € as of 5/16/2013 (~ $32.50):
Yup, that's right: you can multiply all these "€" prices by 1.30 to get the USD equivalent (1 USD ~ 0.77 € as of today)
Without further ado, here's what, by Irish Silver Stack :