Silver, above ground, is more rare than gold! There is seven times as much gold above ground as compared to silver!

Friday, December 24, 2010

Silver Shortages Accelerate - Wholesale Supplies Plunge

Silver Shortages Accelerate As Wholesale Supplies Plunge: Krieger/Keiser - 1; JP Morgan - 0

Submitted by Tyler Durden on 11/22/2010 10:42 -0500

Is the Kriger/Keiser "Short Squeeze JPM to Oblivion" plan working? Judging by the wholesale availability of silver (or lack thereof) the answer is a resound yes. In Coin Updates News we read that "as of today, there are no longer any regular wholesale supplies of the 1 ounce through 100 ounce silver rounds and bars available for immediate delivery. It may be possible to locate incidental quantities of some product, but most wholesalers are now promising two to four weeks delivery to allow time for the silver to be fabricated." Over the weekend we noted that even at the smaller, retail level, Silver American Eagles sold by the US Mint, have surged to a 2010 high in just the first three weeks of November. Is America now fully intent on ending Jamie Dimon's domination over the precious metal space?
Silver Shortage
GOLD is the money of the KINGS, SILVER is the money of the GENTLEMEN, BARTER is the money of the PEASANTS, but DEBT is the money of the SLAVES!!!