Really? Gold is nearing all time highs in virtually every currency? I don’t see a short really (except opportunistic $50-100 drops) looks good to go much higher to me.
Perter Hug of Kitco talks about supply issues for physical product. As a side note the Royal Cdn mint offers a purchase of a pool prd (I think it is 1% premium) and at Kitco you can buy in their pool prd and take delivery later when premiums subside.
From a friend: "I watched the marked videos (these are Cambridge House videos). They explain why the price silver will go up. However, they don't explain (or I didn't notice) why the price of the silver is low now." Every investable asset moves through price waves as the outlook for it and the outlook for other investment alternatives change. Personally I don't spend too much energy on the whys. If one asked why stocks have gone up since 2009 I would say because the Fed has given free money to its shareholders (the US banks) from the nation's treasury and artificially forced interest rates to extreme low levels to also benefit them. With stocks rising 20%/yr in this Fiat extraction bubble, (and if 10% margin 200%/yr and if 1% margin 2000%/yr) alternates like silver are crushed. As to the recent low price of COMEX futures paper silver price, several of Kitco's recent videos explain it. 1. When traders in stocks and ETFs had margin calls they sold anything with a bid - gold and silver. and in phase 2- 2. with large amount of silver physical inventory in the LME traders sold short futures contracts to hedge. As commercial planes are grounded and many mints and refiners closed, the silver can't get from London to North America and then through the minting process. This is why there is a shortage of silver maples and silver eagles giving a premium for coins. So this (phase 2) is unusual. Let's say the market had have crashed from too much corporate debt. That won't ground planes and you could currently be buying coins cheap. Indeed this entire worldwide shutdown was totally unnecessary. If everyone had of worn masks from day 1 the virus would not have been able to spread (it needs new hosts) and would have completely burnt out in a month. Completely gone. As it is now with brain-dead "social distancing" the virus will simply spread more slowly but in so doing it gives the virus a chance to mutate and keep going. If you look at Hong Kong you will see that they totally burnt out the virus by wearing masks right from the beginning.
SLV or SLVO, pick one on coins, check your change, especially those nickels, you may be sitting on a gold mine http://cointrackers.com/blog/21/most-valuable-nickels/ silver bullion not worth buying, trading or holding onto