Wednesday, August 22, 2012

Major Silver Shortage by August 2012?

In my research this week, I came across a couple of articles that were particularly interesting. They made the case that a silver shortage could be exacerbated by as early as August of 2012. The first reason given was that currently there is a majority of long positions on silver in comparison to the shorts in place. As we speak, there are currently 2 long positions in silver for every one short position. This is truly amazing considering the massive short positions that have been held by major financial institutions like JP Morgan Chase and others. This disparity in short positions compared to long ones shows how the overall disposition toward gold and silver now are changing.

Mining Strikes

The second reason brought up was the major silver mine strikes in both South Africa and Indonesia. In South Africa, a one days strike was held in which tens of thousands of miners came out in opposition to current working conditions and wages. In the Gold Fields mines in South Africa 85% of workers stopped working leaving mining activity virtually at a stand still. Gold Fields is the world’s fourth largest producer of gold. These strikes right now have only had a small impact on supply provided, but if they continue they could significantly reduce the supply readily available on the market today. As if that is not enough many mining company are reportedly keeping larger quantities of silver as a reserve than before, which also places stress on the world supply. Continue Reading>>>>
. 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

Silver is a vital commodity to our way of life. Silver is a precious metal that is being trashed as an industrial metal. As a result, it is within years of becoming the first metal to become extinct according to the USGS. At some point the shortage is going to become so obvious, that people are going to rush to turn in their depreciating dollars for real silver money. That is just the monetary demand of silver, the industrial and strategic demand is another huge factor we should consider.Silver is a precious metal a monetary metal and an industrial metal, Industry alone requires over 900 million ounces each year , Silver has antibiotic antibacterial anti fungal and anti microbial properties . Silver is used in Dentistry Photography electronics Mirrors optics Medicine and in clothing , Silver is the best thermal conductor of all metals and The Best Electrical Conductor ,Silver is also an important catalyst in chemical processing.As far as getting it out of the ground, that will take energy which seems to be only getting more expensive,China is now the world’s third largest silver miner after Mexico and Peru, and the world’s largest Silver refiner,Get in on the bonanza and get your physical silver today while it is still available at a affordable price. In the next few years you may loose your ability to get in on one of the greatest investments that will protect your financial security when the dollar implodes and economic chaos appears in your area - you will be happy you did .USA geologist society have predicted that Silver will be the first element of the periodic table to run out by 2020. Physical silver outperformed the mining stocks by 4 times during the last bull market .Only about 2% of COMEX silver contracts are actually settled by physical delivery, and the rest are settled for cash or rolled over , Decades of market manipulation has made silver the most underpriced commodity in history Be thankful that you have realized this in time to capitalize.JPM and HSBC are behind the Big Silver Short.Get yourself some physical silver and take possession if you want any certainty of cashing in before the paper silver derivatives become worthless.The COMEX does not have the 103 million ounces they claim to have.