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Message: Re: Silver Fundamentals!!! Deno (a-1) BertaCurry (a-1)
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May 05, 2010 03:59PM

It would appear that there has been a lot of selling of silver to drive the price down, however Kitco has been unable to fill my order (in Canada) for 10 100oz bars since Tuesday am.

There is inventory for sale in ounce coins and 1000 oz bars, and there are 100 oz bars for delivery in the USA.

I prefer the 100 oz bars for liquidity and price reasons. So far the lack of availability of 100 oz bars for sale in Canada has not been too frustrating as the silver price has continued downwards to today's price which (so far) looks like a plateau.

Maybe I will be able to order today, but so far ... no

I agree with all of the blue sky logic on the silver as a commodity and precious metal. If you are thinking the same, I suggest you buy and take delivery of bullion. I have heard that the bullion certificate market is suspect and it may be that the certificates are not 100% backed by hard assets. (Surprised ??? not me ... another financial fiasco ??? maybe we will hear more from the media on this after the Euro focus becomes 'old news')

Sure would like to get my hands on some real silver though.

Jim !!! Can you help me out here ???

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