SILVER MARKET OUTBREAK: Surging Physical Demand & Falling Inventories

Thursday, September 3, 2015
By Paul Martin

By: Steve St. Angelo, SRSrocco Report
SilverSeek.com
September 2, 2015

Something has seriously changed in the silver market as traditional indicators no longer seem to matter. Normally when the price of a commodity falls, so does demand. However, we are seeing quite the opposite as investors continue to buy silver bullion hand over fist.

This surge in physical silver demand has put more stress on global silver inventories. Let’s take a look at the last two COMEX Silver Inventory updates. On Monday’s update (8/31/15), the COMEX reported a total deposit of 1 million oz (Moz) and 1.6 Moz withdrawal for a net 600,000 oz decline. Actually, it was a net 599,207 oz withdrawal, but what’s a few ounces between banker friends.

The Rest…HERE

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