Interesting dynamic in the precious metals markets. Gold and silver have both arguably underperformed ... if you look at the prices reported on the exchanges.
But, retail, it's much more expensive. Online dealers typically charge about 5-8% above spot price. So if silver is $15 an ounce you can get it online for about $16 an ounce. Less of a markup for larger quantities.
But, today, markups are more like 25 to 30%, with dealers saying they can't find more to sell. Quite remarkable. I dont know if the usual retail dealers are ahead of the price curve such that prices are due to rise, or that there's just enough panic in small markets to cause the shortage and resulting higher prices.