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S W
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Comex Registered Silver Inventories Plunge Nearly 10% In One Day - Steve St Angelo - SRSRocco Report

On Feb 8 2013 the price of silver was $31.52
It is now under $14.
As I have said in other posts....in a rapidly de-industrialising world there will be little need for the use of Silver.

Gold $5000 /Oz?
Silver $5/ Oz?

Thats some Ratio.

Good article BTW

Commenté il y a 3026 jours

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Début de l'article :In a stunning development, the Comex Registered Silver inventories experienced a large one day decline yesterday. Nearly 10% of total Comex Registered Silver inventories were removed from the exchange on the last day of the year and reported on Jan 4th. According to the CME Group’s Metal Depository Statistics, 3.5 million ounces (Moz) of Registered Silver Inventories were withdrawn and transferred to the Eligible category: As we can see, there was 1.5 Moz transferred out of Brinks, 1.6 Moz fro... Lire la suite

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