Positive Technical Analysis for Silver

[Walla183]

Bloomberg published an interesting article this morning in regards to silver. And since many of us CRH for silver, thought it would be a good read...

U.S. Mint Silver Coins Run Out as Buying at 5-Year High - Bloomberg

"The recent jump in silver demand may be as some investors seek an alternative to gold’s “lackluster performance,” Deutsche Bank AG said today in a report. Investor interest in silver “remains key” because supply will outpace demand by 6,441 tons this year, Barclays said Jan. 16.

“Investors appear to be putting their money increasingly into silver ETFs as an investment alternative,” analysts at Commerzbank AG wrote today in a report. “It can only be a question of time before the buoyant ETF demand causes the silver price to rise.”

Happy Hunting everyone!

Walla

 

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[Weaselbrott]

Personally, I feel like this ASE shortage is artificial to create a short-term pump and dump on the paper markets. I love my Ag, but I don't anticipate a long run on silver just yet. Regardless, this makes me want a 2013 ASE even more

 

[CoinFetcher]

I found em in the coin shop for 2.90 over spot.

I bought one for the dansco, and 6 libertards ( I think, mex bullion 999 fine). And one maple leaf.

Also, I, going to share a super fun good story from yesterday.

At another LCs he had a big box of free Whitman albums. Like a smart ass, I asked if I could metal detect the box. He said sure. I got my Garrett pro pointer from the rig, and sure enough, one 1942 silver quarter! He let me keep it. Thanks LJR coins of Buriem WA. Paul you are great.

 

[sagittarius98]

At another LCs he had a big box of free Whitman albums. Like a smart ass, I asked if I could metal detect the box. He said sure. I got my Garrett pro pointer from the rig, and sure enough, one 1942 silver quarter! He let me keep it. Thanks LJR coins of Buriem WA. Paul you are great.

That's awesome. I got a Barber dime from one of them.