Today the man who has become legendary for his predictions on QE and historic moves in currencies and metals said that he is now seeing physical shortages in the silver market.
November 14 (King World News) – Egon von Greyerz: “Eric, there are shortages of silver. And there is always a delay in getting silver. We deal mainly in the 1,000 ounces bars, but if you go to kilo bars, there is now a six month wait for those from the Swiss refiners. This is why people who sell the smaller bars can charge massive premiums — because of the (shortages and) delays. The price of silver will reach hundreds of dollars…to continue listening to Greyerz discuss the shortages in the silver market and much more CLICK HERE OR ON THE IMAGE BELOW.
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