BANKERS THREAT: Global Exchanges Continue To Bleed Silver

Sunday, August 9, 2015
By Paul Martin

Steve St. Angelo
SilverSeek.com
August 8, 2015

As the global economic and financial system head over the cliff, silver investment demand is moving in the opposite direction. Not only has the demand for physical silver increased significantly since the middle of June, it surged to a level that has now put severe stress on the retail market.

This huge demand in the retail market made its way into the wholesale market. According to the article, Investment Silver Demand Draining COMEX Vaults:

One or more major players “jumped the queue” and took delivery of about 6.5 million more ounces of silver out of COMEX warehouses than anticipated at the beginning of the month.

Now, since this article was written (Aug 3rd), there were three more large net withdrawals:

Aug 4th = -672,000 oz

Aug 5th = -548,000 oz

Aug 6th = -1,028,623 oz.

The Rest…HERE

Comments are closed.

Join the revolution in 2018. Revolution Radio is 100% volunteer ran. Any contributions are greatly appreciated. God bless!

Follow us on Twitter