Recevez notre Marketbriefing
In the same category
S W
Member since May 2012
668 commentaries - 5 followers
5 followers
has posted a comment on the article :
>Comex Registered Silver Inventories Plunge Nearly 10% In One Day - Steve St Angelo - SRSRocco Report
On Feb 8 2013 the price of silver was $31.52
It is now under $14.
As I have said in other posts....in a rapidly de-industrialising world there will be little need for the use of Silver.

Gold $5000 /Oz?
Silver $5/ Oz?

Thats some Ratio.

Good article BTW


Commented
3235 days ago
-
Send
Beginning of the headline :In a stunning development, the Comex Registered Silver inventories experienced a large one day decline yesterday.  Nearly 10% of total Comex Registered Silver inventories were removed from the exchange on the last day of the year and reported on Jan 4th. According to the CME Group’s Metal Depository Statistics, 3.5 million ounces (Moz) of Registered Silver Inventories were withdrawn and transferred to the Eligible category: As we can see, there was 1.5 Moz transferred out of Brinks, 1.6 Moz fro... Read More
Reply to this comment
You must be logged in to comment an article8000 characters max.
Log in or Sign up
Top articles
Take advantage of rising gold stocks
  • Subscribe to our weekly mining market briefing.
  • Receive our research reports on junior mining companies
    with the strongest potential
  • Free service, your email is safe
  • Limited offer, register now !
Go to website.