A Premium Episode: SchiffGold Friday Gold Wrap June 2, 2023

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If you buy gold or silver, you’re going to pay a premium. So, what exactly is a premium and how is it determined? In this episode of the Friday Gold Wrap, host Mike Maharrey answers common questions about premiums. He also discusses the debt ceiling deal and reveals where Americans rank gold as a long-term investment.


  • The debt ceiling deal
  • When a spending increase is called a cut
  • Where do Americans rank gold as a long-term investment?
  • What is a premium?
  • Why have premiums been high lately?
  • Is a premium a sunk cost?

The SchiffGold Friday Gold Wrap podcast combines a succinct summary of the week’s economic precious metals news coupled with thoughtful analysis. You can subscribe to the podcast on Apple Podcasts and other podcasting platforms. The links are below.

Tune in to the Friday Gold Wrap each week for a recap of the week’s economic and political news as it relates to gold and silver, along with some insightful commentary.


You Can Also Listen on SoundCloud


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