What the Silver Shortages Mean

[webmaster]

Subject:What the Silver Shortages Mean
By: Jason Hommel, Silver Stock Report

Overview: It seems to me that the silver price should about double, to about $30, within about 6 months, to a year at the most, at a minimum. On the other hand, if the paper market sizes up, or if the physical market continues to disconnect, who knows what the price will be, it could be much higher. Price doesn't mean anything if there is no product available.

Link: http://news.silverseek.com/GoldIsMoney/1218808884.php

[mwwinn]

I called the US mint to ask why the Online prices on silver eagles did not reflect the recent drop in silver prices. The person said, "Silver prices don't have anything to do with us." She should have read the page on their web site that says eagles are sold at the "price of silver" plus a $1.25 mark-up for minting cost. I know that's to dealers, but there shouldn't be a $10-$12 delta for an online sale. Perhaps you want to keep the online price high if you want to discourage people from buying something you may not have.

[mls56]

Originally Posted by webmaster

Subject:What the Silver Shortages Mean
By: Jason Hommel, Silver Stock Report

Overview: It seems to me that the silver price should about double, to about $30, within about 6 months, to a year at the most, at a minimum. On the other hand, if the paper market sizes up, or if the physical market continues to disconnect, who knows what the price will be, it could be much higher. Price doesn't mean anything if there is no product available.

Link: http://news.silverseek.com/GoldIsMoney/1218808884.php

Its real when you start to place a order for ASEs, which they had said they had as many as I want, but you get to check out & $2 over Spot + a bullion charge that would bring each coin to over $26 ea ! Spot was $12.77 + $$2 = $14.77 ! Then the Bullion Cost, I have never encountered befor! If I sold them ASEs, .50 over Spot ! Watch out on the net,crooks come in all forms! As far as a free market in the Western World, its not, & your Congress wont do crap about it! Nor CFTC & its market cops, when Goldmans speaks,they jump & ask how high. Hold your stuff, the little ones hold the key to the day of freedom!

[daman4455]

I fear I have different perspective. It will be misleading to say physical silver is in short supply because some retail outlets in developed world have run out of small bars or medallion or coins.It is sheer logistics and none can have control over retail demand. As a retailer I have to pay for huge interest and overheads to build stocks expecting sales to happen when market crashes. On the contrary absence of stocks explains that retailers or Mints were not interested in regular replacement supplies because there was no REGULAR demand due to mindless speculation in silver. That has killed apetite to own physical silver.

I am an Indian importer and I find no problem in sourcing silver for manufacturing use. I use to keep inventory of 10 to 15 metric tonnes but I stopped that after September 2007 as it took nearly 8 months to sell the same due to weird speculation.

Now prices are down and manufacturing demand is emanating and I find many wilful suppliers. yes, my customer needs to wait for 5 to 6 days because of time taken to find suitable aircraft to ship and customs formalities.

Kindly do research on your own arguements. I have practically found that they are not true.

[JesterJay]

Manufacturing will be supplied at the EXPENSE of retail availability and sales. It is only a matter of time until YOU feel the same shortages that we, the retail consumer, feel on the supply side.
Look past the trees. See? There is the forest.
The Quickening is upon us,
JesterJay

Originally Posted by daman4455

I fear I have different perspective. It will be misleading to say physical silver is in short supply because some retail outlets in developed world have run out of small bars or medallion or coins.It is sheer logistics and none can have control over retail demand. As a retailer I have to pay for huge interest and overheads to build stocks expecting sales to happen when market crashes. On the contrary absence of stocks explains that retailers or Mints were not interested in regular replacement supplies because there was no REGULAR demand due to mindless speculation in silver. That has killed apetite to own physical silver.

I am an Indian importer and I find no problem in sourcing silver for manufacturing use. I use to keep inventory of 10 to 15 metric tonnes but I stopped that after September 2007 as it took nearly 8 months to sell the same due to weird speculation.

Now prices are down and manufacturing demand is emanating and I find many wilful suppliers. yes, my customer needs to wait for 5 to 6 days because of time taken to find suitable aircraft to ship and customs formalities.

Kindly do research on your own arguements. I have practically found that they are not true.