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<p>[QUOTE="rhoggman, post: 423765, member: 13987"]It is a myth that there is an overall shortage of silver, but it is not a myth that there is a supply shortage of investment silver in 1, 10, & 100 ounce bars/rounds.</p><p> </p><p>The US mint had to shore up operations because they could not get planchets. There are other reasons, but this one is documented by the mint.</p><p> </p><p>I think people think of shortage in such broad terms that it causes disputes because of the way people use the word "shortage". The shortage to me would be the availability of new investment grade silver products. Obviously there is existing silver in investment form. Obviosly industrial silver is available.</p><p> </p><p>People don't seem to understand that investment silver makes up a small amount of the overall silver market. IMO people are paying premiums on investment silver because industrial demand is goin up, and nobody really cares about the investment demand enough to satisfy current demand in that segment of the silver market.</p><p> </p><p>JM quit procucing bars??? It costs alot of money to make planchets, bars, rounds. Why go through all the trouble when you can just sell plain old refined industrial silver, and let the CONSUMER needs determine how it is CONSUMED?</p><p> </p><p>The spread between spot price & what you can actually buy investment silver for have grown IMO because there is more demand for new investment silver. It may take a while for this to effect the entire market.</p><p> </p><p>But all the doomsdayers out there are going to cry foul until they realize that they are only a small segment of the market. Silver investment freaks are in their own way "manipulating" their own segment of the market by creating a high level of demand based on fear. That fear may be justified, but nevertheless it exists. The industrials are going to manipulate the market on behalf of the shareholders, consumers, and themselves, and they are going to win everytime because in reality they make up the largest part of the market. DUH[/QUOTE]</p><p><br /></p>
[QUOTE="rhoggman, post: 423765, member: 13987"]It is a myth that there is an overall shortage of silver, but it is not a myth that there is a supply shortage of investment silver in 1, 10, & 100 ounce bars/rounds. The US mint had to shore up operations because they could not get planchets. There are other reasons, but this one is documented by the mint. I think people think of shortage in such broad terms that it causes disputes because of the way people use the word "shortage". The shortage to me would be the availability of new investment grade silver products. Obviously there is existing silver in investment form. Obviosly industrial silver is available. People don't seem to understand that investment silver makes up a small amount of the overall silver market. IMO people are paying premiums on investment silver because industrial demand is goin up, and nobody really cares about the investment demand enough to satisfy current demand in that segment of the silver market. JM quit procucing bars??? It costs alot of money to make planchets, bars, rounds. Why go through all the trouble when you can just sell plain old refined industrial silver, and let the CONSUMER needs determine how it is CONSUMED? The spread between spot price & what you can actually buy investment silver for have grown IMO because there is more demand for new investment silver. It may take a while for this to effect the entire market. But all the doomsdayers out there are going to cry foul until they realize that they are only a small segment of the market. Silver investment freaks are in their own way "manipulating" their own segment of the market by creating a high level of demand based on fear. That fear may be justified, but nevertheless it exists. The industrials are going to manipulate the market on behalf of the shareholders, consumers, and themselves, and they are going to win everytime because in reality they make up the largest part of the market. DUH[/QUOTE]
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