The above ground silver reserve is now far less than that of gold.
Silver continues to be used at a greater rate than it is produced.
About the same dollar value is spent on Silver Eagles as is Gold Eagles via the US Mint. .......... and no-one can confirm why the delivery of silver eagles is now taking longer.
The shortage of silver bullion is not yet appreciated by investors and industrial consumers of silver.
So long as the criminal empire of JPMorgan continues to keep a lid on prices while they scoop the bullion warehouses for their own benefit (own trading account) the control of the price of these metals remains in JPM's hands. HOWEVER, should the COMEX be placed in a situation where they cannot deliver metal to a buyer and defaults on delivery, all hell will ultimately break loose. Prices will scream higher!
Every manipulation in history has come to an end - the manipulation of silver by JPM is no different. Every empire in history has come to an end and the end of the JPM empire is no different - it WILL happen.
We are headed for some VERY interesting and testing times this year - financial and social unrest will be chronic. Every day we get closer to the end of the silver price cap and closer to a Comex default and / or JPM letting the prices rip to the high side - why else would they be stockpiling tons of silver bullion?
AYN Price at posting:
0.1¢ Sentiment: Buy Disclosure: Held
