Monday, March 12, 2012

Silver Will Be in a Severe Supply Shortage by August 2012

Placing my a** hat on the table in front of me, I predict that silver will go into a severe supply shortage by August 2012 or sooner.

Why?

Greek sort of got bailed out, leaving the price of silver to float upwards as opposed to downward should central banks and private owners need to dump PMs to get liquidity. Absorption of silver continues apace with speculative and aggressive longs outnumbering shorts two to one.
The discount to real silver value will not go unnoticed for long. Sovereign wealth funds in China and Middle East have over $2 trillion in funds ready to deploy. War brings out the best in wealthy buyers. They buy for safety when the chips are down and financial insecurity abounds.

Read More @ SilverDoctors.com

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