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Silver value today ?s not consistent with its underlying fundamentals ?f supply and demand. The high demand and strictly limited above-ground and below-ground supplies are going to ignite an explosion in silver prices in th? near future.
According t? expert, Theodore Butler, the current volume ?f paper silver is on the order ?f a billion ounces (currently worth ab?ut $19 billion), and this volume ?? completely separate from futures contracts and leased silver.
Since in most cases there is no real metal actually backing up silver paper, most of the issuers are actually holding a “short” position on silver. As silver prices begin to rise – like they have been over the last several months, the issuers are probably going to panic and scramble to buy silver to cover the paper. This, in turn, would act to increase the demand on the silver market and therefore cause dramatic increases in silver prices.
If you are going to invest in silver – which you definitely should, always buy the real thing (physical silver) not paper. Also, if you buy silver bullion in the form of Silver Bars and Coins without taking delivery on them, then make sure you get serial numbers f?r silver bars, and be especially wary of unusually low or non-existent storage fees.
Be smart when investing in silver. Buy silver bullion and don’t worry about the paper aspect of it.
