Friday, October 2, 2015

Silver-coin shortage shows bright side of precious metal collapse

This CNBC reporter correctly exposes the severe shortage in physical silver but incorrectly attributes it to soaring demand from "mom and pop" investors, as if we're somehow unsophisticated, misguided hayseeds who fell off the turnip truck.  She knows nothing of the bifurcation of COMEX paper silver prices and physical silver pricing, which are carrying huge premiums above spot price.  There is a reason why premiums are soaring.  Get a clue, Marcy.

Or maybe she does know what's going on, but is paid to publish misinformation.

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