2013-04-30peakprosperity.com

``The demand for silver has completely overwhelmed existing inventories and the ability of the mints and their refiners to produce more product.  The other big mystery is: how much more silver is there to make product out of? Will the buyers be able to keep the pressure on until the price of [physical] silver and paper silver have to move up just to return the market's equilibrium? Right now, 100-ounce silver bars, which a few months ago were trading dealer-to-dealer around melt or a little over, are now 75 cents to a $1 an ounce -- not retail, our cost -- and 4 to 8 weeks out.''



Comments: Be the first to add a comment

add a comment | go to forum thread