Where has all the silver gone?

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Ladies and gentlemen of the SteemSilverGold community - this Knight comes to you bearing terrible news.


The Perth Mint is out of silver!!


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No more 100 oz bars...

http://www.perthmintbullion.com/au/Buy-Silver-Bars/100oz-Cast.aspx?productId=104

Product not available. Please try again later or choose another product in order to continue.

No more 1 kg bars...

http://www.perthmintbullion.com/au/Buy-Silver-Bars/1kg-Cast.aspx?productId=50

Currently out of stock. Please call Sales Support on 1300 201 112 for stock updates.

No more 10 oz bars...

http://www.perthmintbullion.com/au/Buy-Silver-Bars/10oz-Cast.aspx?productId=48

Currently out of stock. Please call Sales Support on 1300 201 112 for stock updates.

Fortunately - they do have a few 1 Oz Kangaroos left but be prepared to pay 15 - 25% above spot for them.


However; and worse still - The Perth Mint is not the only mint that has run out of silver. A surge in silver demand has left the US Mint with no Silver Eagle Bullion Coins.

No Liberty Eagles!

http://www.kitco.com/news/2018-09-06/Surge-In-Silver-Demand-Leaves-U-S-Mint-With-No-Eagle-Silver-Bullion-Coins.html

Unless of course you are willing to pay 4x spot for a silver proof American Eagle??


Mass panic!

This is absolute awful news for anyone looking to buy silver... there is simply none left. And the price is going to sky-rocket now!

Expect a silver panic in the coming weeks and riots shortly thereafter.

What's a silver saving hoarding Knight to do?



10 September 2018

Where has all the silver gone? | Ecency