In response to:

Suspended, Halted, Out of Stock: The New Gold and Silver Supply Crisis

James92 Wrote: May 05, 2013 9:04 AM
On the face of it, it seems odd that while silver is supposedly in short supply that the price is going down. That seems to defy the "supply and demand" rule. Could it be that something else is going on. Maybe someone is selling off "paper silver" but are then accumulating actual silver, or some such process. Maybe the "big boys" are shearing the sheep again for a nice profit in the "down market" and will buy back to once again drive the price back up. It's been done before!

In the long history of precious metals, the past few weeks have been one for the record books. Gold has plunged to some of its lowest levels in over two years and suffered its biggest one day decline in over 30 years. While conventional news outlets have been busy drafting the Last Will and Testament of the world’s most valued metal, gold has been busy breaking sales records.

Ironically, dwindling supplies have been the storyline of silver for the past few years but when the US Mint announced that shortages were forcing them to halt production of the one-tenth...