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

Thursday, October 8, 2015

Silver Best Performing Precious Metal

Silver Remains Resilient; Currently Best Performing Precious Metal – ETF Securities

Kitco Metals -- Precious metals remain resilient among the weak commodity prices with significant signs of physical demand, says Mike McGlone, head of research for ETF Securities. Leading the pack is silver, which in the aftermath of the weak September employment number, has been the best performing precious metal. ‘So far in October, it is up 10%, making it the only precious metal up on the year, +2%,’ said McGlone in an interview with Kitco News on Thursday. ‘Silver has been dragged down along with copper the past few years but has diverged so far in 2015: silver up 2% YTD, copper down 18% YTD,’ he added. McGlone explained that supply and demand trends are favorable for the metal with record Indian imports, strong China imports and record coin sales. He also anticipates that this year will see the first annual decline in supply. ‘Technicals appear to have turned up, currently holding resistance at the 200-day moving average at $16 an ounce,’ he said. December Comex silver was last down $0.329 at $15.765 an ounce.

MAKE SURE YOU GET PHYSICAL SILVER IN YOUR OWN POSSESSION. Don't Buy SLV, or Futures or Pooled Accounts or any other BS paper silver product .Remember anything on paper is worth the paper it is written on. Go Long Stay long the bull market have even started yet

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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!!!