Worst Shortage In Precious Metals In A Decade

scarcity

 

 

 

 

In the past you would only read about a shortage of silver on specialized websites, but the fact that the US Mint is now without silver to mint the popular Silver Eagle made headlines on CNBC and Reuters. Meanwhile the shortage is increasing in silver and gold and the Gold Forward Offered Rate is at its most negative point since… 2001.

The shortage of physical silver will most likely push up the premiums for the white precious metal, which is what happens when the physical market disconnects from the paper market. The silver price is listed 30% lower this last year again, however, while other precious metals only recorded a small loss.

Read more here.

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