Letter Re: Evidence that Physical Silver is in Short Supply
James, An interesting trend to make note of: Here in the Great White North, ScotiaBank (one of our Big Five banks) sells physical bullion through it’s investing arm: ScotiaMocatta. I simply walk to the main branch in my municipality, make an order at the bullion desk, pay cash, and walk out with a number of 1 ounce silver bars (or whatever precious metal suits your tastes. I find gold too cumbersome at $1,420 per ounce to be useful for trade/barter WTSHTF…) As of last week, the 100 ounce silver bars were no longer available either online, or …