| Story Views | |
| Now: | |
| Last Hour: | |
| Last 24 Hours: | |
| Total: | |
FSN: It Was Only a Precursor to What’s Coming
Be prepared for the next great transfer of wealth. Buy physical silver and storable food.
by Bill Holter
Miles Franklin
The last 4 weeks has seen huge and unprecedented global demand for both gold and silver. Between just China and India the demand was close to 400 tons of gold… then you add in the rest of the world. Compare this 400 tons (from just 2 countries) to the 200+ tons that was dug out of the ground over the same time frame. During this period we saw sovereign mints go into “ration” mode as they could not keep up with demand and struggled to procure the necessary volumes of blanks. We also saw “junk” silver supply completely wiped out with none available. Prior to the supply shut out, junk was well over $5-$6 over paper spot, or a 20-25% premium. Delivery times for both metals were stretched out 3-6 weeks depending on product.
Continue Reading at MilesFranklin.com…
Source: http://silveristhenew.com/2013/05/13/it-was-only-a-precursor-to-whats-coming-2/
