Looks Like There's a Silver Shortage [View article]
the dealers may well be sitting on silver bought at $21 spot. They should be able to take orders at current prices if the refiners would deliver at these lower prices of $18 spot. The refiners are short physical as they are only smelting small weight orders at minimum volume. The rest is going to the production of larger sizes required for industrial end users. Wait 'till they start stockpiling!! There will be hundreds of "Hunt Bros." inadvertently cornering the market. Got silver?
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the dealers may well be sitting on silver bought at $21 spot. They should be able to take orders at current prices if the refiners would deliver at these lower prices of $18 spot. The refiners are short physical as they are only smelting small weight orders at minimum volume. The rest is going to the production of larger sizes required for industrial end users. Wait 'till they start stockpiling!! There will be hundreds of "Hunt Bros." inadvertently cornering the market. Got silver?
Sep 01 19:25 pm
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All Comments by jonmeboy »Looks Like There's a Silver Shortage [View article]