Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Mish's Global Economic Trend Analysis -- Ignore unavailable to you. Want to Upgrade?

To: Oblomov who wrote (76634)	3/21/2008 5:01:46 PM
From: blazenzim	Read Replies (2) \| Respond to of 116555

There is no shortgage of metals right now. This is what Kitco's website says: "IMPORTANT: Due to the volatility of the market, we are experiencing a significant increase in the volume of products that are being sold to Kitco. Although Kitco and HSBC Bank are working hard to stay on top of this, you may experience a delay in your package being processed. We apologize for any inconvenience this may cause, and appreciate your patience and understanding." Notice they mention HSBC Bank. It appears that so many people sold into the recent spike that they've run out of cash and have maxed their credit line. Kitco appears to be choking on metals. There is a shortage of cold, hard US dollar cash.

To: Oblomov who wrote (76634)	3/21/2008 9:53:16 PM
From: Proud Deplorable	Read Replies (2) \| Respond to of 116555

"one can simply take delivery on a futures contract." No they cannot AND THAT'S THE POINT but I wish lots of them would try all at once LOL I checked and there is absolutely no silver at Tulving tulving.com scroll down to silver and other places. Something very weird is going on and when all is said and done I don't want to be caught without REAL silver. Since there is no silver to be had I think I will sell some of my personal stash to the highest bidder now. If people don't like my prices they are welcome to go elsewhere. Opening bids start at 30.00 per ounce for 100 ounce bars.