Is there a Silver Shortage?
Join Us For A Special Webinar Free Event
Starts March 29, 2016 at 10:00 AM PST
A pet peeve of mine is when an article is published talking about a shortage in silver or gold. Recently, we have seen an increase in articles claiming that there is a precious metals shortage simply because both the U.S. mint and Royal Canadian Mint ran out of blanks. Both government mints predetermine a rough amount they will mint at the start of the year. When demand surges, a “bottleneck” can occur and this has happened in the past.
Why is this such a pet peeve? Because a shortage in a specific silver product does NOT mean a shortage in the raw material. It would be like saying there is a rice shortage if Rice Krispies stopped being produced momentarily.
So join me in the free webinar where we’ll discuss…
Is a silver deficit a silver shortage?
What year did the deficit turn to a surplus?
Are the above ground silver stocks increasing or decreasing?
How well does price track supply?