Wednesday, 28 December 2011

Silver shortage

Imbalances in the supply and demand of precious metals, particularly silver, could lead to a shortage of physical product in the near future. There is a high likelihood of increases in the price of silver, and other precious metals. There simply isn't enough physical silver to deal with the demand of a fiat currency crisis. As the paper silver market pushes prices down, all hell will break loose in the physical market. While that conclusion may or may not be applicable just yet, when coupled with recent revelations of potential double counting of precious metals at the warehouse level , the situation will certainly get only more exacerbated. A price jump may be imminent.

No comments:

Post a Comment