On the heels of KWN receiving more reports that available retail silver products are disappearing from wholesaler and dealer inventories, acclaimed trader Dan Norcini told King World News that something substantial has also just changed in the paper silver market. Here is what Norcini had to say: “Most of the time shortages don’t mean there is not a lot of the commodity around, it just means there is not a [...]
Guest Post, by AGXIIK
Silver Will Be in a Severe Supply Shortage by August 2012
Placing my a** hat on the table in front of me, I predict that silver will go into a severe supply shortage by August 2012 or sooner.
Greek sort of got bailed out, leaving the price of silver to float upwards as opposed to downward should central banks and private owners need to dump PMs to get liquidity.
Absorption of [...]
Traders work in the gold futures pit at the New York Mercantile Exchange.
Gold traders and analysts are the most bullish in at least seven years as investors accumulate metal at the fastest pace since August to protect their wealth from a widening European debt crisis.
Twenty-one of 22 surveyed by Bloomberg expect bullion to rise on the Comex in New York next week, the third consecutive increase and the highest proportion in [...]
“Today King World News interviewed one of the top gold and silver dealers in the United States about tightness in the silver market. Bill Haynes is President and owner of CMI Gold & Silver for and when asked about a shortage in silver he stated, â€œAll of the major suppliers of 100 ounce silver bars are either weeks or months out, some will [...]