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auto44's
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Supply seeems to be meeting demand or else the price would go up. Were it not for the demand that the etf puts on newly mined silver one has to wonder what the price of silver would be. As secmaven points out if the etf dam breaks and the owners stampede the results could be disasterous for silver owners. However, if folks continue to trust in metals more than paper eventually rise could be substantial. Things rarely go up like a rocket,but when they do the usually drop like a brick when they run out of fuel
Jan 13 22:26 pm
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All Comments by auto44 »Silver ETF Reaches New Inventory High [View article]