Loading ...The Silver Supply Crunch Continues
From the SRSRocco Report:
When I first discussed this subject matter in an interview last month, I thought there might be a chance that this silver data was incorrect… a typo of some sort. However, the second quarter figures that were just released, do confirm just how dreadful silver supply has fallen from these two areas.
With the ongoing surge in physical silver investment demand and the rapidly falling Registered Silver Inventories at the COMEX, any decline in silver supply will only exacerbate the current tightness in the silver market.
Now, when we talk about “Declines”, the market normally thinks of changes in the 2-5% range. This may not seem like a lot, but when we are discussing large figures, 2-5% can add up to a lot of silver. That being said, the figures shown in the graph below… ARE TOTALLY OFF THE CHARTS:
more http://www.silverdoctors.com/shocking-chart-the-silver-supply-crunch-continues/#more-58187