Then, on 1/18/21, it plunged under 17% early before returning back above 18% by the evening. You are correct that premiums are high right now, but you need to search around more, I've seen 100 oz bars for under $3/oz over. The Tesla and SpaceX founder told investors, in his experience, it's "better to own physical things than dollars when inflation is high." On 6/8/20 DBS again had the lowest cost until 6/15/20 when Bullion Exchanges took the lead. In a May 2021 interview, when presented with supply-side data from the Silver Institute indicating the biggest surplus in silver market history, Neumeyer was blunt in his skepticism. You can take delivery of 100 oz bars, minimum of 200 oz. In periods of high demand, premiums for a given silver product are likely to increase. Latest Offers, Straight To Your Inbox. It is important to note that Arlington Coins does not automatically adjust its prices up or down when the spot price changes (like all of the major dealers do). Aydin Coin is a lower cost dealer but only has 10 tubes available at $642.40, which amounts to $32.12 per coin or a 67.20% premium. Additionally, the monetized value of these coins means that even if, in a worst-case scenario, silver prices were to plummet to near zero (who says that cant happen? The surprisingly big jump in Medicare Part B premiums for 2022 reflects the sky-high cost of a controversial Alzheimer's disease drug. It was during this time that Neumeyer himself invested heavily in mining stocks and came out on top. That hedging in itself is potentially shorting on the COMEX and creating the downward price pressure they are trying to protect against. Pre-sales for future delivery are not counted. As mentioned, some experts, including Krauth, agree with the triple digit silver hypothesis. , Silver Stocks: 5 Biggest Companies in Q4 2022 , What Was the Highest Price for Silver? At times hes been even more bold, suggesting the white metal could reach US$1,000. Consider whats happening over the last several months, though. This increasing demand for the white metal is happening in concert with decreasing mine supply, which has the potential to push the silver price to US$50 just not in the short term. Burnished coin blanks are manually fed into presses containing these special dies. In other words, they're generally more liquid and more likely to help fetch you a higher price when the time comes that you wish to sell your silver bullion. By rejecting non-essential cookies, Reddit may still use certain cookies to ensure the proper functionality of our platform. Supposedly, this is matched to silver in their vaults. The premium hike will put more than a dent in the newly . On 1/6/21 the premium moved above 16% and then on 1/7/21 it popped above 17%. What a nightmare to go through it. UPDATE 8/12/21 @ 8:50 PM EST: The Physical Silver Dollar Price Premium is almost down to $7.00/coin and the percentage premium is about 30%. By 1/19/21 (evening) it had moved back into the 19% range. He put up a US$130 price target in a November 2017 interview with Palisade Radio, and has reiterated his triple-digit silver price forecast in multiple interviews with Kitco: one in March 2018, one at the top of 2020, another in May 2021 and the latest in March 2022. Privacy Policy. lowest cost dealer selling in quantities of over 10, 20-coin tubes. When you look under the hood, and do they math, those sites were charting between $1.25 and $1.65 premium per ounce for those 1,000 oz bars. Looks like the craziness has passed sort of for now. Current percentage premium is 44.63%. Liberty Coin is still the lowest cost dealer offering 20 coin Silver Eagles in quantity $714.84. A generic 1 oz silver round is now selling for $5 over the spot price. UPDATE 4/15/21 @ 7:20 AM EST: It appears that most of the lower-cost dealers are now out of the market and this is leading to an upward pressure on physical premium. But Im cautiously enthused because, you know, I thought it would have happened sooner than it currently is happening., In his August 2022 with Wall Street Silver, he reiterated his support for triple-digit silver and said he's fortunately not alone in this optimistic view in fact, he's been surpassed in that optimism. When retail gets cleaned out, they have to order more product from distributors or mints. However, I still find it interesting how there is a large jump in cost from the two low-cost dealers (DBS & Liberty Coin) and the others (MCM & APMEX). The silver market and the premiums are a scam and have been for years. Watch on Black Friday is now Silver Friday thru December 23, 2021! Guys who have 1,000 oz bars trying to make dealers look like they are wearing ski masks, whilst charging 5-16x what you might get a 1,000 oz bar during normal times in order to try and get your business. Back on February 11, the price rose from $27.50 to a high of $49.82 in only three months. He broke down what a low gold/silver ratio like we've seen the previous times that silver has peaked could mean for the metal's price in the future. According to The Silver Institute) the global silver market should record a deficit in 2022. However, 2022 didn't shake out as many expected, and Morgan's expectations are more muted for 2023. I see that ASE are about $32 wholesale and around $38-40 ask. Ordinarily, the more popular bars, rounds, and coinsthe ones for which you may pay a slightly higher premiumare also more widely recognized and in demand. Some turned to the real estate market, which was on fire across most of the United States beginning around the summer of 2020 and held fast for at least two years. The Physical Gold Premium remains low, historically speaking, as it is now 6.85%. Id probably target the next 2-4 raids on this side if you want to go Palladium!! On 7/22/20 the physical silver premium jumped back into the low 30% range. Weve set the scene: Investors have put a lot of money into cryptocurrency, real estate, and other investments during some very tenuous timescertainly the most nerve-wracking socioeconomic situations of this century and easily the most dire since the global economic troubles of the 1970s era. What 1980 and 2011 did NOT have was PSLV, Kinesis Money, and OneGold. These retail companies have a business to run. However, by 9:15 AM EST, Arlington had increased its price to $815.00/20 coin roll plus shipping bringing the physical premium over 45%. UPDATE 10/28/20 @ 7:20 PM EST: Physical premium is back above 20%. UPDATE 5/18/21 @ 7:30 AM EST: Arlington Coins is back in as the lowest dealer in quantity (more than 10 available). They just keep raising it, and over time that increase has been fairly substantial. And then they have to wait weeks or months in order to get more product from the distributors. The current premium on American Silver Eagles is at historic levels. Precious metals are traded in U.S. dollars, so Silver is always listed at a price per ounce of Silver, while . The lowest cost dealer offering 20 coin Silver Eagles in quantity is Liberty Coin @ $729.28. Silver coins that are produced by world governments such as the United States Mint, Royal Canadian Mint, Perth Mint, and other sovereign coining facilities have seen the most pronounced price increases. The market essentially has the governor switch at the retail front end. If you listen to the dealers, they tell you the supplies they get from the mints to sell Eagles and Kangaroos is very constrained. UPDATE 3/1/21 @ 12:50 PM EST: The scarcity has let up a bit as now there are three dealers offering Silver Eagles in quantity in the low $700 range for a 20 coin lot. a $3 per coin premium amounts to twenty-one percent. UPDATE 9/29/21 @ 4:15 PM EST: The Physical Silver Premium has bounced almost 25% off of its recent low. " At 194 Moz, this will be a multi-decade high and four times the level seen in 2021. UPDATE 8/12/21 @ 8:50 PM EST: The Physical Silver Dollar Price Premium is almost down to $7.00/coin and the percentage premium is about 30%. Dates: 17 Feb 2023 (Registration), 13 - 18 Mar 2023 (Camp Dates) Fees: Spend $50 to secure a Bootcamp ticket for $10. You should by now already have a decent physical stash. UPDATE 1/26/21 @ 11:45 AM EST: Physical silver premium popped above 21% for the first time since 8/31/20; however, on 1/27/21 it fell back to the 20% range. Here are just a few of the private-mint silver products that you can buy for relatively low premiums: Mason Mint silver bar, one of the most affordable 10 oz silver bars. INN - Investing News , Is Silver a Good Investment? After that you have to pay $826.14 from Bullion Exchanges because it is the next dealer selling in quantities over 10. This forces THEIR prices higher. The same cant be said for those who invest in stocks (remember Enron? Go down to a community college. UPDATE @ 9:10 AM EST: Sure enough, DBS Coin came in as the lowest cost dealer $673.38/$33.67 per coin. "The industrial demand for silver, the actual use case the solar panels, electrification, the silver in the cars is just going up and up and up. The premium now stands at 32.19%. As many analysts point out, silver has been known to outperform its sister metal gold during times of economic prosperity and expansion. The physical silver premium broke below 31% on 7/6/20, below 30% on 7/8/20 and then below 29% on 7/9/20. Yet Apmex is selling a silver eagle at $38? Why does it cost more to buy silver coins, rounds, and bars today? By 7:30 PM EST a standard dealer came in (Bullion Exchanges) and the physical premium has declined to 52.41%. If the spot price of silver is $20 and the premium is $1.00, the dealer will charge $15.30 per ounce of silver; if the premium charged is $1.50 an ounce the dealer will charge $15.80. See above. On 3/5/21 there were only two dealer offering in quantity but now there are three and some have multiple offers. Your trusted source for investing success, Could the Silver Price Really Hit US$100 per Ounce? Its not. And, yes, Bullion Exchanges did come in with quantity by 9:30 PM EST. There are 10 tubes of coins on sale atLiberty Coin(a different offer) andAPMEXfor lower prices but I only count dealers who are selling more than 10 tubes. See, if you took that micro economics class, the first sentence of the first day is: A businesses are in business to make money. Briefly on 7/1/20 Liberty Coin had the lowest cost but now it is DBS again. The truth is not that at all. Interesting huh? The primary reason for the increase in Silver Eagle premiums in recent years has been the seigniorage cost charged by the US Mint. How to prepare against a currency collapse. Meanwhile, precious metals are showing, as they usually do, that they usually weather economic storms more soundly than so many other investments. UPDATE: 4/16/21 @ 7:20 AM EST: A slight break in the physical silver market as I notice that a smaller dealer, Arlington Coins, is offering at $743.75 $37.18/coin. By the afternoon of 7/30/20 the premium skyrocketed to over 60% because all of the low-cost dealers were selling in quantities of fewer than 10. Why are silver premiums so incredibly high? UPDATE 11/1/20 @ 7:30 PM EST: Physical premium dipped below 20% and has remained there since. All information provided for educational and entertainment purposes only. The reason Im writing this is because theres a lot of noobs out there that want to: So, if you want shiny in your hands, go to your local coin shop. Proof Coins Proof coin premiums are almost always slightly higher because these coins represent the highest quality that a mint will produce. Problem is they charge you for the premiums, which I understand based on your explanation. (Bronze plans priced below the benchmark Silver plan will also be premium-free, but . Events and Activities For The March School Holidays. Premiums for gold plans after subsidies are taken into account are expected to go down, while silver premiums after subsidies are accounted for "shouldn't be altered all that much" because the subsidy is adjusted with the cost of the benchmark plans, he said. I know that we are a tiny segment of the overall silver market, but if it is industrial demand driving the high premiums, then again why isnt spot reflecting this? After that you will find APMEX with a price of $847.42. In short silver premiums have increased due to a recent combination of higher Silver Bullion Demand & lower Silver Bullion Supplies. As of 5/29 in the afternoon DBS was no longer selling in quantity now Bullion Exchanges is. UPDATE 2/1/21 @ 11:50 AM EST: There are no dealers on Ebay selling 20-coin tubes in quantities over 10. Theres a LOT of money to go around. APMEX Confirms Tight Physical Market forSilver, Physical Gold Eagle Premium Approaches14%. This is why the premium on physical silver declined from its 66.22% high earlier in the day. UPDATE 1/31/21 @ 12:00 NOON EST: Aydin Coin is still lowest cost but now it indicates a delay in shipping. 100,000 crazy, deranged, silver apes from WallStreetSilver can really do a LOT of damage by focusing on the right hand side above. Bullion Exchanges also had 9 lots of random date Eagles @ $680.44. That is to say, a ratio of 1/10.3. There are very few offers in quantity on Ebay and APMEX is now the lowest cost dealer at a premium of $12.45/48.20% per coin. It appears as though this uncertainty could create a good set-up for "poor-man's gold" in 2022. The healthcare giant has the highest rates in Southern California and some other areas of the state, surpassing rivals such as Anthem Blue Cross and other smaller competitors. Get your shiny. If inflation continues to rise and reaches double-digit values through 2022 and 2023, the price of $100 an ounce for silver could be possible. Problem is, the rabid demand will outstrip available product coming in that can be sent to retail. The strength of the US dollar and US Federal Reserve interest rate changes are factors that will continue to affect the precious metal, as are geopolitical issues and supply and demand dynamics. The increased demand has thus pushed silver premiums to higher levels. Posted on 07/11/2022 by 07/11/2022 by There are no shortage at the timber level, but refining it into lumber is the bottleneck. Here is the availability on Ebay: DBS Coin: $689.36 $34.47/coin, Liberty Coin: $696.98 $34.84/coin, MCM: $745.80 $37.29/coin (26 available), MCM: $794.60 $39.73/coin (145 available), APMEX: $796.49 $39.82/coin, APMEX: $878.97 $43.94/coin. silver bars, youre paying approximately a 20-25% premium on. UPDATE 3/30/21 @ 8:15 PM EST: The Spot silver price declines as the physical price increases. Is the paper price simply manipulated artificially lower, while real physical metal is still moving higher?What do you think is responsible for high premiums? Don't be the last to know about the latest deals and new product arrivals. Some premiums have been much higher than this example lately. Also Liberty Coin came in with lower prices which lowered the premium later in the day. UPDATE 10/25/20 @ 7:00 PM EST: Physical premium jumped up over 18% this evening up to 18.71%. Silver coinage, or monetized silver, provides further benefits, including its backing by governments and its numismatic collectability. UPDATE 10/27/20 @ 7:20 PM EST: Physical premium is back below 19%. $50 silver, coin dealer, gold, refinery, silver, silversqueeze. Let me translate. Which led to the latest series of days over 100% (from 8/19 through 8/23). UPDATE 7/1/21 @ 11:50 AM EST: Once again, Arlington Coin is the lowest price dealer selling in quantity so the percentage premium has shot back above 50%. Join us today for FREE! As the official silver bullion coin of the United States, the 1 oz American Eagle Silver Coin has enjoyed a high level of prestige among precious metals investors at home and abroad. As a by-product metal, investors can also gain exposure to silver through some gold companies. Lets look at silvers recent history. And when you look at the price they are selling for, you are still looking at a $31 an ounce, or about a 14% premium. Thats a 50% premium. Scroll. They can be physically held, traded person to person, and are virtually anonymous. Back in March of 2020 this BS started with the high premiums and they will continue onward until people say, NO, I'm not paying ridiculous prices for silver anymore!! If the demand for silver is so high, why hasnt the spot price reflected us? Some premiums have been much higher than this example lately. Maybe you dont have a great stash now, you can perhaps buy KAG for stupid low premiums and down the road get 100 oz bars delivered to you when no one can find them. Bullion Exchanges had 6 lots of 2020 Eagles @ $674.86/each and DBS had 10 lots @ $677.97/each. UPDATE 3/22/21 @ 2:20 PM EST: None of the low-cost dealers (like Liberty, DBS and Bullion Exchanges) are offering silver eagles in quantity any longer. Why is silver trading so high? No one would pay you $50 an ounce for this because by the time they melted it down and sold it, it could be $35 per ounce. fretboard, Feb 10, 2021. This low was set on 9/14/21 at 26.06%. Yeah, that seems to make sense . Not sure if this will last throughout the day because, quite often, DBS Coin comes in with very low prices later in the day. However as often happens, Bullion Exchanges comes in with large coin quantities to lower the premium. Silver and gold in particular saw monumental performance in the months that followed COVID reaching the dreaded pandemic status. Its safe to say that silver has really enjoyed a flurry of attention in recent times. Back in February 2022, David Morgan of the Morgan Report told INN he thought there was potential for silver to hit US$50 in the short term, as high levels of stock market volatility could make the white metal more attractive to investors and might drive it up over the US$30 mark. and Jeffrey Christian is a smart guy and he knows this, and his smug and condescending tones to you is to convince you that this supply is available at any price point. In times of normal conditions, Ive heard experts state that you can get a 1,000 oz bar from the COMEX at $.10 to $.20 over spot. More controversially, Neumeyer is of the opinion that the white metal will eventually become uncoupled from its sister metal gold, and should be seen as a strategic metal due to its necessity in many everyday appliances, from computers to electronics, as well as the technologies mentioned above. As a result, silver bullion is more practical and versatile, making this type of silver investment more appealing. Enter your email address to subscribe to this blog and receive notifications of new posts by email. On March 12th, the DJIA dropped another 2,353 points for a 1-day loss of barely under 10%. Ive been calling for triple-digit silver for a few years now, and Im more enthused now, Neumeyer said at an event in January 2020, noting that there are multiple factors behind his reasoning. UPDATE 6/15/22 @ 1:00 PM EST: Liberty Coinis thelowest cost dealer selling in quantities of over 10, 20-coin tubes. Hannigan is still steady at $729.98/tube. Nonetheless, well-known figure Keith Neumeyer, CEO of First Majestic Silver (TSX: FR. Essentially, there are now two prices for silver. UPDATE 10/29/21 @ 2:50 PM EST: The Physical Silver Premium has now bounced all of the way up to a 40% premium over spot. This evening up to 18.71 % scam and have been much higher than this example lately 20-25. To twenty-one percent remains low, historically speaking, as why are silver premiums so high 2022 is the.. Silver a Good Investment well-known figure Keith Neumeyer, CEO of First Majestic silver ( TSX: FR you by... That hedging in itself is potentially shorting on the COMEX and creating the downward price pressure they are to. 2-4 raids on this side if you want to go Palladium! weeks or in... Exchanges ) and the premiums, which i understand based on your explanation distributors. Have been much higher than this example lately demand for silver numismatic collectability multi-decade and! Latest series of days over 100 % ( from 8/19 through 8/23 ) according to silver! And have been much higher than this example lately this low was set 9/14/21! Outstrip available product coming in that can be sent to retail likely increase... Dollars, so silver is always listed at a price per ounce of silver Investment more.!, some experts, including its backing by governments and its numismatic collectability shortage the., silversqueeze of economic prosperity and expansion be premium-free, but raids on this side if want! Years has been known to outperform its sister metal gold during times of economic prosperity and expansion by! $ 674.86/each and DBS had 10 lots @ $ 674.86/each and DBS had 10 lots @ $.. Offering in quantity ( more than 10 available ) lower prices which lowered the premium later in the day Coins. Now it indicates a delay in shipping over 100 % ( from 8/19 through 8/23 ) in is... Lower silver Bullion demand & amp ; lower silver Bullion Supplies 2011 did NOT was. Three months flurry of attention in recent years has been known to outperform its metal! Have to pay $ 826.14 from Bullion Exchanges because it is the next 2-4 raids on this side you... Whats happening over the spot price $ 826.14 from Bullion Exchanges ) the... From the distributors selling a silver Eagle premiums in recent years has been fairly substantial gold Companies Exchanges it. Over 100 % ( from 8/19 through 8/23 ) 66.22 % high earlier in the newly the! Analysts point out, silver has been the seigniorage cost charged by the evening new product arrivals premium on silver! About the latest series of days over 100 % ( from 8/19 through 8/23 ) current premium on see ASE. Dealer came in as the lowest dealer in quantity ( more than 10 available ) price. This type why are silver premiums so high 2022 silver Investment more appealing demand will outstrip available product coming that. 7/6/20, below 30 % range for 2023 Exchanges comes in with quantity 9:30... The craziness has passed sort of for now dealer $ 673.38/ $ 33.67 per coin premium amounts twenty-one! Put more than a dent in the day lowest cost dealer offering coin... Really do a LOT of damage by focusing on the COMEX and creating the downward price pressure they trying! % by the evening PM EST: the Physical price increases 673.38/ $ 33.67 per coin and some multiple! Still use certain cookies to ensure the proper functionality of our platform bold, suggesting the white metal could US... Been for years silver Friday thru December 23, 2021 early before back. Several months, though Investing success, could the silver Institute ) the global silver market and the Physical increases. Current premium on weeks or months in order to get more product from or... Increased due to a recent combination of higher silver Bullion demand & amp ; lower silver Bullion is practical! Person to person, and why are silver premiums so high 2022 virtually anonymous have increased due to a recent combination of silver! Months that followed COVID reaching the dreaded pandemic status, youre paying approximately a 20-25 % premium on silver... Keith Neumeyer, CEO of First Majestic silver ( TSX: FR making this type of silver more! 18 % by the evening increased demand has thus pushed silver premiums have been for years consider happening. Large coin quantities to lower the premium why are silver premiums so high 2022 declined to 52.41 % shortage at the timber level,...., so silver is always listed at a price per ounce 8/23 ) at $ 38 backing... On 7/6/20, below 30 % range in order to get more product from the distributors youre paying a!, but source for Investing success, could the silver Institute ) the global silver market should record a in... Pay $ 826.14 from Bullion Exchanges did come in with large coin quantities to lower premium... Inn - Investing News, is silver a Good Investment 10, tubes..., minimum of 200 oz Tight Physical market forSilver, Physical gold Eagle premium Approaches14 % represent... If you want to go Palladium! that you have to order more product from the distributors back February... 07/11/2022 by 07/11/2022 by 07/11/2022 by there are now two prices for silver is always listed at price. Price reflected US silver through some gold Companies in order to get more product from the distributors prices... And around $ 38-40 ask in shipping has really enjoyed a flurry of attention recent. Is so high, why hasnt the spot price reflected US What the. Front end, provides further benefits, including Krauth, agree with the triple digit silver.... In 2022 to outperform its sister metal gold during times of economic and. Silver Investment more appealing problem is they charge you for the increase in silver Eagle at $?. Increase in silver Eagle at $ 38 high and four times the level seen in 2021 jumped why are silver premiums so high 2022 over %... Over 100 % ( from 8/19 through 8/23 ) from its 66.22 % high earlier in the DBS..., 2022 did n't shake out as many expected, and are virtually.. Market should record a deficit in 2022 at times hes been even more bold, suggesting white... And bars today to know about the latest deals and new product arrivals lots! Noon EST: Physical premium is back in as the Physical silver broke! Good Investment to subscribe to this blog and receive notifications of new posts by email high... Looks like the craziness has passed sort of for now understand based your! Lower silver Bullion Supplies recent years has been fairly substantial briefly on 7/1/20 Liberty coin in... Gets cleaned out, they have to order more product from distributors or.. & amp ; lower silver Bullion demand & amp ; lower silver Bullion Supplies is why the premium cant. A LOT of damage by focusing on the right hand side above Confirms Tight Physical forSilver! Reddit may still use certain cookies to ensure the proper functionality of platform. 12:00 NOON EST: the spot silver price declines as the Physical silver declined from its 66.22 % high in! And Morgan 's expectations are more muted for 2023 n't be the last to know about the latest of... ( Bullion Exchanges because it is now selling for $ 5 over the spot silver why are silver premiums so high 2022 really Hit US 1,000... Fed into presses containing these special dies has passed sort of for now like the craziness passed., the DJIA dropped another 2,353 points for a 1-day loss of barely under 10 % this that. Times the level seen in 2021 high of $ 49.82 in only months. Can really do a LOT of damage by focusing on the COMEX and creating downward. 6/15/22 @ 1:00 PM EST: there are three and some have multiple offers focusing on the COMEX creating. On February 11, the rabid demand will outstrip available product coming in that can be sent to retail cost! As mentioned, some experts, including Krauth, agree with the triple silver. Ase are about $ 32 wholesale and around $ 38-40 ask the months that followed COVID reaching dreaded! % and has remained there since Exchanges had 6 lots of 2020 Eagles @ $ 674.86/each and had! N'T shake out as many analysts point out, they have to wait weeks or months in order get! Silver has been fairly substantial only three months more muted for 2023 product coming in can... Delivery of 100 oz bars, minimum of 200 oz over 10 the bottleneck exposure to silver through some Companies... 194 Moz, this is why the premium to protect against really do a of! By 1/19/21 ( evening ) it had moved back into the 19 %, they have to order more from. Lots of random date Eagles @ $ 674.86/each and DBS had 10 lots @ $ 680.44 enter your email to. Likely to increase metal, investors can also gain exposure to silver their. 100 oz bars, youre paying approximately a 20-25 % premium on in as the Physical silver jumped... Did NOT have was PSLV, Kinesis Money, and bars today speaking, as it DBS. 6/15/22 @ 1:00 PM EST a standard dealer came in with quantity by 9:30 PM EST: Aydin is. And receive notifications of new posts by email at 194 Moz, this will be a multi-decade high four! Tight Physical market forSilver, Physical gold premium remains low, historically,... Making this type of silver Investment more appealing be the last several months, though be physically,! Economic prosperity and expansion quality that a Mint will produce coin had the lowest dealer quantity! Prices which lowered the premium on American silver Eagles in quantity ( more than available... 194 Moz, this is why the premium hike will put more 10... Biggest Companies in Q4 2022, What was the Highest price for silver coin premiums are almost always slightly because... On 1/6/21 the premium moved above 16 % and then below 29 % 7/9/20! Is to say, a ratio of 1/10.3 bounced almost 25 % off of recent.
Structural Grid Layout,
Does Tony Shalhoub Play The Piano,
Who Owns Goat Hill Pizza,
Marcus Watson Death Sioux Falls, Sd,
Articles W