Friday, November 19, 2010

Widespread Silver Bar Shortages

 


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.

 COMEX silver inventories are barely 107 million ounces to fulfill around 725 million ounces of contractual obligations. If you are looking to acquire some physical silver, I suggest you act sooner rather than later.

(J.P. Morgan Chase is trying to cover their massive "naked" shorts on silver. Meaning they have  sold 100 times more silver stocks than physical silver they actually posses. 

But the music has stopped and players are scrambling for the chairs, wondering who gets left standing out in the cold.

Look for silver prices to rise sharply very soon. Maybe even double!!   GO GET SOME SILVER NOW and DOUBLE YOUR MONEY!!) 

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