Results 1 to 3 of 3

Thread: World Heading To A Silver Shortage, According To New Report

  1. #1

    World Heading To A Silver Shortage, According To New Report

    A US-based agency which monitors the silver market says in its latest report that the world is on the brink of a major silver supply shortage this year.

    The Silver Institute notes in the report published on its website, that global demand for the precious metal from industrial consumers, manufacturers of housewares and jewelry, and retail investors will rise at the end of the year by a record 16% over last year, to an all-time high of 1.21 billion ounces.

    More at: https://www.thefinancialtrends.com/2...to-new-report/
    Never attempt to teach a pig to sing; it wastes your time and annoys the pig.

    Robert Heinlein

    Give a man an inch and right away he thinks he's a ruler

    Groucho Marx

    I love mankind…it’s people I can’t stand.

    Linus, from the Peanuts comic

    You cannot have liberty without morality and morality without faith

    Alexis de Torqueville

    Those who fail to learn from the past are condemned to repeat it.
    Those who learn from the past are condemned to watch everybody else repeat it

    A Zero Hedge comment



  2. Remove this section of ads by registering.
  3. #2
    I was just thinking about this.

    I can't think of a single industry or trade association that doesn't always warn of impending shortage as a way of manufacturing demand.

    The only exception I can think of is those industries which are subsidized that warn against oversupply, which can threaten the need for subsidization.

    As for silver, I like my $12 silver and despise my $38 silver.

    I'm no longer going to chase this "investment".

  4. #3
    retail on a silver eagle is about 38.70 this morning , retail on a proof silver eagle is about 101.65 . I know a wholesaler buying at 84 on common dates so theyd be selling to dealers somewhere around 92 1/2. Probably been in a silver shortage at least all yr this past yr , I might even expect it might ease up a little into second half of next yr . Retail Libertads are running 37.30 , Maples about 31.00
    Last edited by oyarde; 11-21-2022 at 12:58 PM.
    Do something Danke



Similar Threads

  1. Gold Silver Ratio hits 125:1 & There is NO Silver Shortage
    By Smaulgld in forum Economy & Markets
    Replies: 2
    Last Post: 03-17-2020, 12:37 PM
  2. Replies: 0
    Last Post: 01-04-2012, 05:50 AM
  3. PMs: No Shortage of Silver, Just Silver Bars, CPM Group insists
    By bobbyw24 in forum Economy & Markets
    Replies: 12
    Last Post: 02-17-2011, 02:31 PM
  4. Replies: 1
    Last Post: 12-31-2010, 02:00 PM
  5. Silver shortage is REAL! Report
    By Gideon in forum Economy & Markets
    Replies: 5
    Last Post: 09-17-2008, 06:41 PM

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •