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Silver buying sweet spot is here…

  • Wed, Nov 18, 2015 - 05:07pm

    #3

    Jim H

    Status Diamond Member (Offline)

    Joined: Jun 08 2009

    Posts: 1798

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    Silver buying sweet spot is here…

As we go through these paper-driven down cycles, given the hand-to-mouth nature of the Silver supply chain, we can expect Silver to become scarce again as it goes on sale, especially if we actually get $13 handle spot numbers in the paper market.  There is reasonable availability of coins and bars right now, so this might be the sweet spot, right now, before the premiums start rising (again) and hence the actual price to obtain real Silver rises. 

Note that 90% ("junk") Silver never did become available again because, well.. they aren't making anymore of it, and those who do own it are holding firmly.  This represents a little recognized sea change in the Silver market which BrotherJohn spoke about here;