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Silver bullion supplies remain tight in the physical market
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<p>[QUOTE="princeofwaldo, post: 1689493, member: 24091"]Check it out. They've got nothing, completely cleaned out.</p><p><br /></p><p><a href="http://www.monarchpreciousmetals.com/" target="_blank" class="externalLink ProxyLink" data-proxy-href="http://www.monarchpreciousmetals.com/" rel="nofollow">http://www.monarchpreciousmetals.com/</a></p><p><br /></p><p>Saw this kind of cool 2 ounce bar last night and bought it before the plunge began. Also bought a 5 ounce bar so the shipping would be more reasonable dollar-cost-average. When the silver price broke through $24 today, thought I would maybe add another 10 ounce bar if Monarch would allow me to use the same shipping charge from the earlier invoice, and I was shocked. They've got nothing, completely cleaned-out.</p><p><br /></p><p>That's not to say this correction is over with. I won't be surprised if silver is below $20 by Friday. But I also believe most of the price action is based on silver that was never in hand to begin with. Which for anyone looking to buy, means a modest dip in prices and an enormous increase in premiums. </p><p><br /></p><p>[ATTACH]255049.vB[/ATTACH][/QUOTE]</p><p><br /></p>
[QUOTE="princeofwaldo, post: 1689493, member: 24091"]Check it out. They've got nothing, completely cleaned out. [url]http://www.monarchpreciousmetals.com/[/url] Saw this kind of cool 2 ounce bar last night and bought it before the plunge began. Also bought a 5 ounce bar so the shipping would be more reasonable dollar-cost-average. When the silver price broke through $24 today, thought I would maybe add another 10 ounce bar if Monarch would allow me to use the same shipping charge from the earlier invoice, and I was shocked. They've got nothing, completely cleaned-out. That's not to say this correction is over with. I won't be surprised if silver is below $20 by Friday. But I also believe most of the price action is based on silver that was never in hand to begin with. Which for anyone looking to buy, means a modest dip in prices and an enormous increase in premiums. [ATTACH]255049.vB[/ATTACH][/QUOTE]
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