Hurricane Irma could be temporarily devastating to physical gold & silver supplies. Public information including the storm surge map from the Miami-Dade County Emergency Management shows that gold and silver refiners are at serious risk

U.S. Gold Scrap Exports 2007  to 2013In just the past two years, U.S. gold scrap exports declined an amazing 80%.  What’s going on here?  Is the U.S. starting to run out of gold scrap?  Either the U.S. is running low on gold scrap to export or the market is refining more to fill the huge amount of domestic and foreign bullion demand.
U.S. gold scrap exports fell off a cliff in the past two years.  I believe the majority of Americans have already sold whatever gold scrap they had and are now for the most part… tapped out.