SILVER MARKET OUTBREAK: Surging Physical Demand & Falling Inventories

``[There has been] nearly a 25% decline of total Registered silver inventories at the COMEX in five months.  We must remember, Registered inventory means that the silver is available for delivery to those who demand bullion by being registered as such with a bullion dealer.... From June to August 2014, a total of 6,754,000 Silver Eagles were sold. Now, compare that to the massive 15.304,000 sold during the same period this year... [and] Gold Eagle sales exploded to a total of 347,500 oz during June to August compared to 103,500 oz during the same period last year. Again, Gold Eagle sales spiked in July due to the possible financial contagion of a Greek Exit of the European Union.