>>60490082
Mining silver in a country with a weak economy doesn’t change the price of the energy and equipment required to get it out of the ground, on a truck, through a refinery, melted into a coin or bar, and then shipped through the postal service to a vendor or your doorstep.

This is why normies don’t get the difference between silver ETF spot price and something like an American silver eagle and it’s “premium” there is no premium. That’s just how much it costs to create a coin from a rock somewhere in Mexico/peru or Africa.