There are some spot shortages in the physical silver market, but they are limited to higher purity metal in specific forms and locations at most, said commodities research and consulting firm CPM Group Wednesday.
There have been reports of shortages of physical silver circulating in the market, CPM Group said in a research note, but information about the market tightness has been “blown out of proportion by the silver conspiracy theorists who are trying to portray this as a much more cataclysmic event for the silver market.”
CPM Group explained that the tightness comes from the fact that refiners do not make 1,000 ounce bars, rather they make something called “silver shot” – also known as grain, powder, flake and/or sponge – because of demand from manufacturers.
http://www.kitco.com/reports/KitcoNe...16DeC_CPM.html
Site Information
About Us
- RonPaulForums.com is an independent grassroots outfit not officially connected to Ron Paul but dedicated to his mission. For more information see our Mission Statement.
Connect With Us