Bullion shortages coming

Discussion in 'General Precious Metals Discussion' started by switchtronics, Mar 16, 2020.

  1. STKR

    STKR Well-Known Member Silver Stacker

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    Depending on what time in 2011, this would have been a blessing in disguise.
     
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  2. ozcopper

    ozcopper Administrator Staff Member

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    Sprott Money:

    Important Message For Customers:
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    Furthermore, our carrier, UPS, has notified us that all shipments will not be insured and will not require a client’s signature upon delivery until further notice. Given the nature of our business, we are not willing to take that risk with your investments. As a result, we are temporarily suspending all shipments within Canada until UPS lifts these protocols.

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    Thanks for your patience and understanding in this difficult time.
     
  3. BiGs

    BiGs Active Member

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    Damn, Balony has aged heaps since the last video I seen. Or maybe its just been that long lol.
     
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  4. ozcopper

    ozcopper Administrator Staff Member

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    Your not kidding. He has aged heaps!!!

     
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  5. Holdfast

    Holdfast Well-Known Member

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    I didn't recognize the guy, he doesn't look very well.

    Have you seen Mannarino? He's as skinny as a rake.
     
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  6. hardyakkagold

    hardyakkagold Member

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    Yes Mannarino is looking like a ghost of his former self.

    And what about those American jobless figures just released!
    Oh Me! They were expecting one million and got over 3 million!
    A lot like what is going to happen here soon as well.
    I think we will all age quickly soon, the way things are going.
     
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  7. SilverDJ

    SilverDJ Well-Known Member

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    I can't help but think there is a decent chance of a big bust in metals if the financial markets recover and once the metal supply chain gets back on track and plentiful again.
    I certainly wouldn't bet on it, but I think it's possible.
     
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  8. sgbuyer

    sgbuyer Well-Known Member Silver Stacker

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    If you're referring to retail spreads, yes. But I don't see a permanent recovery in the financial markets. The virus is only beginning to spread.

    There's anecdotal evidence that it is spreading symptomatically in China. Some of the people who "recovered" have not really recovered.
     
  9. switchtronics

    switchtronics Active Member

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    The stock shortage wipe out seems to be in full swing? Could we see $3000 gold and $28 silver?
     

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