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Gold is dandy, but Jeff Reeves runs down five reasons silver has a bigger upside - not just that...
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Saturday, January 15, 2011, 8:25 AM ETGold is dandy, but Jeff Reeves runs down five reasons silver has a bigger upside - not just that it's useful, or there's a supply bottleneck, but also how it behaved during the last boom.
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However, its had a big run. Its slid from its high but has more to go.
Wait for a further pullback and then get in.
Now the latest report says this delivery has been delayed and that the new delivery date will be January 18th.
The above, amongst other shortage reports from around the globe, shows you just how tight physical silver bullion supply has become.
Premiums above spot are creeping ever upwards as this supply becomes even tighter. Much more upside to price rise to come.