Saturday, September 24, 2011

Sprott Money Sold Out of ALL PHYSICAL Silver

Physical silver premiums are rapidly increasing as the cartel is doing their best to exacerbate the silver shortage by smashing the price of paper silver by 30% in 2 days. 

Did demand for solar panels decrease by 30% since Wednesday?
How about medical uses for silver.  Is the medical industry suddenly expecting a 30% decline in the number of burn trauma patients requiring silver sulfadiazine?
It must have been a 30% decline in safe haven flows as a result of a total resolution of the Euro debt crisis then, right?

Larisa Sprott, President of Sprott Money:
We have completely run out of physical silver, so we are temporarily out of stock.  You have to remember, Eric, that like Dubai, we only sell product that is on our shelves, that we have in stock.  We do expect a shipment later today, which will allow us to restock and give us more product to sell. 
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