Today is the last full trading day for May Silver contracts and the Open Interest is still at 576 contracts (2,880,000 ounces), this still the largest closeout amount of contracts I recall seeing in the past 20+ years…
You thought silver coin demand was strong LAST summer!?!…
Throughout 2015’s Severe Retail Investment Silver Shortage, Skeptics Claimed That Silver Itself Was In Abundant Supply & the Shortage Was Merely a Production Issue.
Is There In Fact A Massive Shortage of Physical Silver Metal Developing in the Market?
Renowned Silver Expert David Morgan Joined the Show to Present the Cold Hard Data:
“The Whole System Can Blow!”
In This Week’s Metals and Markets, Doc & Dubin Break Down the Golden Sombrero, & The Mechanics of a Major Gold and Silver Price Raid-
Is the Trading Action Signalling a Small Correction Followed By Another BIG MOVE Higher, Or Are We Witnessing the Early Stages of a MASSIVE Raid That is Just Getting Underway?
According to the CME Groups recent release, Comex Registered Silver inventories reached an ALL-TIME low yesterday.
The Registered Silver inventories are those stocks ready to be delivered into the market. Looking at the data put out by Sharlynx.com, Registered Silver Inventories haven’t been this low going back to the 1970’s…
“The Perfect Storm in Silver is Coming. Demand Could TOTALLY OVERWHELM SUPPLY in 2016. The Real Value of Gold and Silver Will Be RELEASED By the Bankers Once They’re Out of Their Positions.” -Steve St. Angelo
Is the Collapse of the Paper Gold and Silver Market at Hand?
In This Special SD Metals and Markets, Expert Gold & Silver Analyst Steve St. Angelo of the SRSRocco Report Makes the Case:
- James Weighs In On Silver Fix Manipulation: OTC Silver Derivatives Contracts Were Expiring– Somebody Wanted Out of An Option Position!
- Physical Bars Vanishing: Swiss Refiners Have Bleed COMEX Dry of Gold!
- Turk Explains Why the COMEX Physical Gold Bar Shortage is Setting Up a MASSIVE Short Squeeze
- James Provides His Outlook For the Metals in 2016 and Beyond- Are MAJOR New Highs Ahead?
- Central Banks Nearing the Point They Will Have to Throw in the Towel on Gold Manipulation!
- Deutsche Bank Has Plunged to 2008 Levels… & the Financial Crisis of 2016 Has Not Even Begun Yet!
A MUST LISTEN SD Weekly Metals & Markets With The Money Bubble Author James Turk is Below:
Something is VERY wrong in silver for the banksters…
A situation where more gold standing for delivery than is claimed to exist is NOT a “good” thing. This is a VERY dangerous situation of potential default and one where by hook or by crook has been avoided to this point. Is it this delivery month where delivery fails? I do not know.
I do know we live in a world where China is importing every single gold ounce produced on the planet leaving nothing else leftover for the rest of the world.
This situation can only last or continue as long as vaults have gold and the owners are willing to fill the deficit between supply and demand.
I will say this, the global financial system will completely seize up and close for trading once gold delivery fails. This will only take 48 HOURS after a failure, and the ability to procure metal, sell stocks and bonds, or do anything else financial will not be an option.
- US Mint AP Warns 2016 Silver Eagles Likely to Remain in Allocation INDEFINITELY:
“The allocation from the US Mint which we received today was smaller than we expected….
I believe it’s now likely that the Mint will stay in allocation for Silver Eagles for the foreseeable future. Perhaps throughout the entire quarter.”
- Will Deutsche Be 2016’s AIG?? Hemke Warns “Deutche Bank Could Bring Down EVERYTHING”
- Currency Wars: Commodities Currencies in Free-Fall, China to Turn Around Gold Prices With Yuan Devaluation?
- Craig Explains Why Cartel Are Capping Gold & Silver Prices at Critical Moving Averages
- STRONG Physical Demand for Gold, Silver & Platinum as Financial Crisis Apparently Underway– 2016 Platinum Maples Sell Out in 10 Minutes!
The SD Weekly Metals & Markets With The Doc, Eric Dubin, and Craig Hemke is Below:
By Greg Hunter, USAWatchdog:
Macroeconomic analyst Rob Kirby’s predictions of a downward spiraling economy are coming true.
Kirby contends that a collapse isn’t coming but is “already happening now.”
On physical gold and silver supplies, Kirby says, “Gold and silver are not as loved here as in the Asian countries. It’s relatively more plentiful here, but that can all change in a very short period of time. At some point, the available stocks in the West will disappear, and when they start to disappear, it will seem like a bolt of lightning coming out of the clear blue sky because they will be gone in no time.”
What is Kirby’s prediction for the price of gold and silver by the end of 2016? Kirby boldly says, “I think it could be many multiples of the price right now.”
Don’t be confused. Gold and silver prices will skyrocket in the future based on the fundamentals, NOT technical analysis. Not only will fundamentals be the important factor in the future, they have also been the leading indicators over the past 50 years.
I realize I will get a great deal of flak for stating this, but the facts presented below paint a pretty clear picture:
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…