Something Substantial Has Just Changed In The Silver Market
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January 20, 2013 - 2:45am
On the heels of KWN receiving more reports that available retail silver products are disappearing from wholesaler and dealer inventories, acclaimed trader Dan Norcini told King World News that something substantial has also just changed in the paper silver market. Here is what Norcini had to say: “Most of the time shortages don’t mean there is not a lot of the commodity around, it just means there is not a lot of it available at that particular price. In other words, silver is sitting out in the vaults of investors. There are guys with 1,000 ounce bars, and quite frankly, they are not interested in selling that metal at prices down near $30.”
January 20, 2013 - 2:45am
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