One thought to “U S Mint admits there’s a ‘global silver shortage’”

  1. In April 2006, iShares launched a silver exchange-traded fund, called the iShares Silver Trust, which as of November 2010 held 344 million troy ounces of silver as reserves. A big driver for silver sales in 2012 was Morgan Stanley and their short position holdings. This has influenced the silver market, along with an apparent shortage of above ground silver available for investment. As silver continues to boom for industrial uses, less of the metal is available for physical bullion for investment. That, coupled with paper investment uncertainty, has driven the market prices wildly.

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