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<p>[QUOTE="Zuhara, post: 857110, member: 23099"]You are suggesting that there is some kind of shortage of silver in the market ("almost impossible... to keep in stock"), a claim often heard, but for which I have never seen any evidence. Except 1) regarding the US mint, which has problems supplying enough Eagles at various points in time, a "shortage" which is used to charge excessive premiums to collectors and 2) from certain (not all) dealers when the price drops, and then usually on selected products. (Generic rounds and bars for instance don't seem to develop these "shortages". Nor do their premiums magically ascend as the spot price drops.) Two days later when the price rises, there is never any "shortage". If there were shortages in the jewelry or industrial markets, we'd be hearing about it.</p><p> </p><p>But no, these shortages only seem to apply to the collector market, and only in selected circumstances, whereupon my mailbox is flooded with newsletters justifying this nonsense with all kinds of innuendo about looming Comex defaults. When called out on it, the dealer response is "they have to make a profit". Which is not the same thing at all as having a "shortage". Who's doing the manipulating here?</p><p> </p><p>20 years ago you could walk into a US bank in NYC and buy your Krugerands or Pesos over-the-counter. You can do so in Europe and in China. Ordinary middle-class Americans had modest Swiss bank accounts denominated in CHF to hedge their US dollar exposure, and they were cheap and easy to open. Try doing that now. US collector/investors need to stop fantasizing about Comex defaults, shortages, the Rothschilds, and the New World order, and start insisting that we have access to USD investment alternatives that are simple and straightforward, and don't involve a lifetime subscription to tin.</p><p> </p><p>"They're not making any more land"</p><p>"Buy now or be priced out forever" </p><p> </p><p>Edit: I don't mean you personally in all of this, I mean us collectively as PM buyers[/QUOTE]</p><p><br /></p>
[QUOTE="Zuhara, post: 857110, member: 23099"]You are suggesting that there is some kind of shortage of silver in the market ("almost impossible... to keep in stock"), a claim often heard, but for which I have never seen any evidence. Except 1) regarding the US mint, which has problems supplying enough Eagles at various points in time, a "shortage" which is used to charge excessive premiums to collectors and 2) from certain (not all) dealers when the price drops, and then usually on selected products. (Generic rounds and bars for instance don't seem to develop these "shortages". Nor do their premiums magically ascend as the spot price drops.) Two days later when the price rises, there is never any "shortage". If there were shortages in the jewelry or industrial markets, we'd be hearing about it. But no, these shortages only seem to apply to the collector market, and only in selected circumstances, whereupon my mailbox is flooded with newsletters justifying this nonsense with all kinds of innuendo about looming Comex defaults. When called out on it, the dealer response is "they have to make a profit". Which is not the same thing at all as having a "shortage". Who's doing the manipulating here? 20 years ago you could walk into a US bank in NYC and buy your Krugerands or Pesos over-the-counter. You can do so in Europe and in China. Ordinary middle-class Americans had modest Swiss bank accounts denominated in CHF to hedge their US dollar exposure, and they were cheap and easy to open. Try doing that now. US collector/investors need to stop fantasizing about Comex defaults, shortages, the Rothschilds, and the New World order, and start insisting that we have access to USD investment alternatives that are simple and straightforward, and don't involve a lifetime subscription to tin. "They're not making any more land" "Buy now or be priced out forever" Edit: I don't mean you personally in all of this, I mean us collectively as PM buyers[/QUOTE]
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