Here comes another season of silver supply disruptions. Keep in mind as investor demand picks up drastically (and it will) the mints can't keep up with making coins and bars. If you can afford it the best thing to purchase is 100 oz. bars. Why? Because they have a massive industrial demand for electronics and other items.
I was not so surprised to find out that this recent price drop may have been a coordinated effort to produce an increased supply of silver into the market at the loss of the small investor and for the gain of manufacturing and industry. Would that surprise anyone as we meet the greater demand of all sorts of electronic smartphones, computer tablets, and the multitude of other electronic goods? Think about the recent Japan disaster which is being kept quiet but is actually having a real impact.
Remember there are many less mints and mines than there are oil refineries and this sector is just about to gain more participants. Here is a report about purchase restrictions starting in Canada: http://silvergoldsilver.blogspot.com/2011/05/if-silver-is-bubble-and-there-is-ample.html
It was just reported that Canada and the U.S.A. were sending supplies to Japan for the relief effort. And it was not just food that is being sent over but a very important element involved in water purification. Do you have any idea what that element is? Just think for a moment.
Got phyzz?
