OFF GRID SURVIVAL BLOG

Monday, March 25, 2013

Growing Silver Shortage Ignites Demand for Silver Polar Bear Coin

By David Engstrom | March 13 2013 8:53 AM
With silver prices off 10% in the last 30 days, it’s hard to believe there is a growing silver shortage. I liken it to crossing the desert with a canteen full of water. As long as there is at least one drink of water left in the canteen, there is no shortage. And then with the last drink, as you attempt to shake out the last drop, you realize your canteen is empty. But, even then you don’t totally believe it. As thirst sets in you desperately try one more time to pour out any remaining drops. Then, it hits you. Ahh Nuts!
First signs of a silver shortage came when the U.S. Mint announced they were out of Silver Eagles. As the New Year turned, sales were suspended. Then sales resumed, only to be met by record demand and another shortage was announced. We’re not even through first quarter.
While our mint struggled with its own supply-demand dilemma, reports hit the industry that the Canadian Mint had begun to ration its most popular silver coin, the Maple Leaf. Yet, the silver price continued to decline as if to tell would-be investors, “there is no shortage, wait for the bottom.” Of course everyone thinks they can time the bottom and buy in at exactly the right moment. Never mind reports of a shortage, the declining silver price proves any notion of such is folly. After all, Chinese silver is still available. Or is it?
read more : http://www.ibtimes.com/lear-capital-growing-silver-shortage-ignites-demand-silver-polar-bear-coin-1123111#
MAKE SURE YOU GET PHYSICAL SILVER IN YOUR OWN POSSESSION. Don't Buy SLV, or Futures or Pooled Accounts or any other BS paper silver product .Remember anything on paper is worth the paper it is written on. Go Long Stay long the bull market have even started yet

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