OFF GRID SURVIVAL BLOG

Monday, February 14, 2011

Silver Shortage Continues. Comex Silver Stocks at Four Year Low. Buy Silver

Silver shortage lingers on. The comex silver stocks are at a four year low. Physical silver bullion demand is up and rising. The industrial demand for silver is increasing as well. They are demanding higher grade silver stocks for production which is putting a squeeze on the entire market. The silver price will have to go up to get the physical investor to sell some of their holdings back into the market.

Silver mines are not keeping up with the demand and are having to borrow silver for their own hedge programs. James Turk thinks that this could be the beginning of the collapse of the dollar. Economic collapse will follow.

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