Sovereign Silver Buying, Middle-East Shortages

如現貨銀價在29-31這價位橫行半年至一年,
會另到實貨供應更加緊張,到時有實力的持貨者或生產商當然可以惜貨不賣,
但如財力不夠的生產商,可能要出貨套現,用來償還銀行的借貸......

而對於工業用家來講..市場難買貨又另到佢地要和生產商展開角力.....

On the heels of KWN reporting the Chinese buying massive amounts of gold yesterday, King World News has now interviewed the “London Trader” to get his take on the situation in silver. The source stated, “The price of silver has no reality to the paper market at all, absolutely zero reality there anymore. There is extraordinarily tight supply right now in Asia. When you order silver there is so little available at these prices, that’s the trouble. You can order it all day long, but you are going to have to wait for it.”

The London Trader continues:

“Chances are you are not going to get quantity at this price. If people have physical silver they are not selling it at these levels. Supply/demand is tight and you know there is a big wait involved in getting your silver. If I put in an order for tonnage, I have to find a wholesaler that actually can source it at this price and then there is the significant wait time.

On a side note, there is a man in the United States stating publicly that there is no shortage in silver and to go to his silver group where he can get buyers all the silver they need. That is patently false. This same individual said silver was overvalued at $14. I deal in the physical market every day and I can tell you what he is saying is false.

Much of this misinformation is out there because they do not want to have panicked buying from end users because it would send the price of silver skyrocketing. The end users only use a fraction of silver in their products so it is not an issue of cost, but rather if there is a delay in delivery....

“As soon as we see a delay in shipments to end users they will race each other to stock up. This will send the price of silver through the roof and break the backs of the silver shorts. It has already been made public that a firm in Canada had to wait three months for a 15 million ounce order. It was also made public that much of the silver they received was refined after the initial order was placed. So that is the actual fact, that is how tight the silver market is today and has been for some time.

All of the sudden the game has changed because you have actual investment demand increasing exponentially vs industrial demand, competing against industrial demand to buy. All of these sovereign entities buying silver know it's manipulated. There are shortages in the Middle-East in silver, generally it's an incredibly tight market on the physical side. In Shanghai we are seeing $1.50 premiums on silver and that's every single day consistently.

The tightness in the market is the reason why when the Chinese buy massive tonnage of silver they have a long wait to receive physical delivery. The end users are in line in front of them. So now the silver market is on a razor’s edge because they are trying to make sure the industrial users get their silver, otherwise all hell breaks loose.”

http://kingworldnews.com/