Silver, above ground, is more rare than gold! There is seven times as much gold above ground as compared to silver!
Thursday, January 28, 2016
Silver selling at below spot + $1 - Unbelievable - or is it?
Silver selling at below spot + $1 - Unbelievable - or is it? Today is Thursday 28th January 2016 and we are asking the question why is it when the physical demand for silver is so high, supply allegedly so low, and economic crisis just around the corner are dealers selling silver at less than $1.50 and in some cases less than $1 over spot? Do you remember only a few months ago when you saw the Headlines “MINTs are Running out of Silver” “American Silver Eagles are on allocation” “No more Silver Eagles Available, “Canadian Mint places Maples on allocation” etc etc etc. What did this all mean for you? Well premiums rose in some cases up to $4.50 an oz and around $2.50 - $3.50 for other 1 oz coins. Now we are not saying you shouldn’t go out and buy silver. That is only a decision you can make based on your own personal circumstances, available capital and your own thoughts about what the future holds. What we are saying is do not believe the headlines after all just ask yourself this simple question: If you genuinely thought that the end of the financial system was imminent, and you genuinely believe silver is the solution to that crisis, would you be selling silver at $1 over spot price? We certainly wouldn’t and we aren’t.
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
Posted by Gordon Silverstein