The Coming Market Crash Will Wipe Out Global Silver Supply
SRSrocco
SRSRoccoReport.com
August 12, 2015
The market doesn’t realize it yet, but the coming collapse of the global stock and bond markets will totally wipe out world silver supplies. Unfortunately, this will occur at the time when main stream investors finally understand the value of owning physical silver.
Global Financial turmoil and low silver prices motivated experienced precious metals investors to purchase record amounts of silver. However, the market is starting to see a huge inflow of new and first-time gold and silver buyers. According to Money Metal Exchange, they experienced a 365% increase in first-time buyers over the past 45 day period (June 16th-July 31st).
This recent surge in buying has put a huge dent in the retail physical silver market and is now impacting the wholesale market. The COMEX suffered another large 1 million oz (Moz) withdrawal from its warehouse inventories today:
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