Steve Quayle of SteveQuayle.com and Renaissance Precious Metals is reporting that Renaissance's supplier, one of the worlds largest silver distributors, has SUSPENDED sales of silver 1 oz rounds, 10oz bars, and 100oz bars INDEFINITELY! As word quickly spreads, expect physical premiums to skyrocket!
Steve's firsthand report and be found here:
One of the worlds largest precious metal distributors, whom I have been doing business with for over 30 years, has just advised me that they have suspended sales on all their Hallmark silver one ounce rounds, 10 ounce bars and 100 ounce bars indefinitely. This will effectively drive the premiums through the roof on all available market place silver products. I can tell you point blank, this has never happened before. You're going to be surprised and amazed at the rate of increase in the price of silver.
Delivery is your primary concern. Period!
We have 90% junk bags available, which consist of 715 ounces of silver in the form of pre-1964 silver. Dimes, quarters or halves can be shipped to you within days of cleared funds. We also have available Austrian silver one ounce Philharmonic coins are available on a first-come-first-call basis. Silver Eagles are a month out if everything stays together. Any national level event that takes place will result in the suspension of postal delivery and you are going to go without.
Last week, the BRIC nations – Brazil, Russia, India and China – met and decided to dump the US dollar at the speed of light resulting in the US dollar doomsday, which is now underway!
The financial markets will close Friday for good Friday Resurrection Sunday weekend, resulting in a 3-day holiday in the United States and a 4-day holiday in Europe. You can expect the goblins and ghouls of the financial markets to work their skullduggery by utilizing this extended holiday time period to work their financial destruction.
Don't be surprised if a several-dollar paper market pull-back in precious metals prices takes place on Tuesday or Wednesday as the manipulators do their best to manipulate downward pressure on the precious metals commodity paper markets. This will not affect the price of physical acquisition as no one is selling their metals.
Physical precious metal investors have read the handwriting on the wall and will hold the metals which they have acquired. Here's the million dollar question. I asked, "are you guys buying anything from the public at all?" Their answer: "None!"
Call us at 406-586-4840 at Renaissance Precious Metals. We only sell what we can deliver.
