While the Silver Institute’s 2015 projection of silver coin demand of 129.9 million ounces squares generally with our projection of 125.2 million ounces, their overall coin and bar demand does not.
We would estimate that if government mint coin demand demand is up 21% in 2015, privately minted silver rounds and bars would be up by at least that much.
Rising physical silver investment demand will put a record squeeze on North American supply this year.
The charts below show just how much the surge of Silver Eagle and Maple Leaf sales have totally overwhelmed domestic silver mine supply from the US and Canada. While silver is still relatively cheap and abundant, there will come a time where silver producing countries such as Mexico and Peru will hold onto more of their mine supply for their own citizens.
Precious metal investors and especially the ignorant public have no clue just how little silver there is to go around when its true STORE OF WEALTH properties are realized:
A Low $14 futures price of silver combined with this weekend’s world changing tragic events in Paris appear to have ignited another run on physical precious metals…
This is a STUNNING statistic…
Skeptical that a REAL SHORTAGE is developing in the physical silver market?
SD welcomed Sunshine Minting CEO Tom Power for a special Exclusive interview to ask:
What’s Going On at the US Mint, and Are We Looking at the Potential For an Extreme, 2008 Style Shortage in Silver?
Jason Burack of Wall St for Main St had on returning guest “The Doc” to discuss a potential wholesale silver shortage.
Here’s the link to the article so you can come to your own conclusions.
During this 25+ minute interview, Jason asks Doc about the journey of silver and gold from the mine site to bars and coins at the bullion dealer.
Then, they discuss Doc’s controversial article about a potential shortage.
Doc thinks through his sources there’s evidence of a developing shortage.
He thinks sentiment levels for precious metals are much worse than 2008.
Jason and Doc discuss whether silver can ever be in a true shortage and also discuss the supply/demand fundamentals of physical metal instead of the paper price.
The Doc’s Full Interview with Wall St. for Main St. is Below:
Investors are terrified of another economic, financial or monetary crisis, and they are rapidly shifting their assets to real money that they hold in their physical possession.