Why Some Dealers are Suspending Silver Sales
If you've been following the news this week (Apr 18, 2011), you shouldn't be surprised to read that some precious metal distributors have suspended sales on all their Hallmark silver. This includes . . .
1 ounce rounds
10 ounce bars
100 ounce bars
While some dealers are completely 'SOLD OUT'. This no doubt will cause the premiums to go through the roof on any silver that might still be available out in the marketplace. It has been said that 'this has never happened before' - so don't be surprised to see the price of silver increase at a phenominal rate.
Still Thinking of Buying Silver?
With the US dollar under attack, and the financial markets closing for Good Friday resulting in a 3-day weekend, you might wonder what affect this will have. Some say don't be surprised to see a 'paper dollar' pull-back in precious metal prices the first of next week (Apr 25, 2011) in an attempt to manipulate the precious metal commodities paper market downward. Will this affect the price of those wanting to acquire physical acquisition? - No, say some market watchers.*
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Those who have invested in physical previous metals in the past are now 'reading the handwriting on the wall' and holding on to the metals they have acquired. For those of you out there who have plans to buy silver - or gold - delivery should be your prime concern and you should settle for nothing less than the physical product.
Based on an article by Steve Quayle -
http://www.stevequayle.com/News.alert/11_Global/110421.alert.Steve.silver.html
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