There have been a few issues with the supply chain distribution for gold in recent weeks including the run on COMEX gold inventories, the shutdown of gold refineries/mints, shipping difficulties and the schism between London/LBMA and USA/COMEX pricing for gold.
Then the Switzerland refineries...
It was just a couple days ago that The Doc @ SilverDoctors posted a note about BullionDirect having problems and wherein he stated:
Now it appears there is indeed some tightness going on...
http://srsroccoreport.com/worlds-largest-silver-producer-down-stunning-12/worlds-largest-silver-producer-down-stunning-12/
No reason for the decline. I suppose it's possible they could ramp it back up if the price of silver (and copper?) rose (and made it attractive to do so).
It will be...
http://www.mineweb.com/mineweb/content/en//mineweb-silver-news?oid=237157&sn=Detail
Is it because spot is too low for them to make a profit, or another reason?
Continued from last year's thread...
It's been 3 days since the last report.
The following report details changes from 12/30 @ ~9am to 1/2 @ ~9am:10 ozt gold bars - from 69 to 54. Pamp (-10), JM (-4), JM "bache" (-1 sold out)1 ozt gold bars - from 2498 to 2196. Apmex (-59), Pamp (-142), Pamp...
I wanted to highlight this very interesting report that was posted in a place silver bugs might not have seen it:
http://www.pmbug.com/forum/f14/barrick-gold-abx-1089/#post10035
:popcorn:
I found this nice technical anylysis http://www.scotiamocatta.com/scpt/scotiamocatta/prec/SilverForecast2012.pdf
I think overall in 2012 silver will do better ôn a % basis than the major stock indexes, bonds and cash. Dare i say also than gold, the metal of the gods? After the 2011 correction...
As mentioned in my original 100 ozt silver bar watch thread, I've started an Excel spreadsheet to track the inventory of a few gold and silver products at apmex. This isn't an exact science, but hopefully will yield some useful information anyway.
The following report details changes from...