Featured Stories World News Commentary Money Watch Multimedia Prison Planet U.S. News Science And Technology

BullionVault.com Runs Out Of Silver In Germany

  • Print The Alex Jones Channel Alex Jones Show podcast Prison Planet TV Infowars.com Twitter Alex Jones' Facebook Infowars store

Tyler Durden
Zero Hedge
Saturday, January 15, 2011

With the US Mint selling silver at an unprecedented pace, it was only a matter of time before the silver shortage would be spotted across the Atlantic, where distributors ran out of both gold and silver on a daily basis during the first time Europe became insolvent some time in early May 2010. Sure enough, BullionVault.com has announced that it has run out of silver in Germany “due to high demand.” In the meantime, the CFTC’s actions have succeeded in allowing the JPM’s suppression of precious metals markets to continue indefinitely, yet all its actions have really done is to provide a short-lived lower cost basis for the precious metals as there is no indication demand is subsiding. At some point the margin calls will come. Then not even Gary Gensler will be able to bail out JPM (we wish we could say the same about Ben Bernanke to whom JPM’s role as head of the tri-party repo clearing market is irreplaceable in maintaining an orderly shadow liquidity market).

BullionVault.com Runs Out Of Silver In Germany Silver%20BullioVault

Translation:

Due to high demand our own silver stocks are exhausted right now.

As BullionVault is only dealing with physical bars which are already in our possession, we are currently unable to offer, silver on our own market. Of course, our market is still open to all our clients act with each other and set their own prices. This situation could lead to buyers and sellers at higher prices. Buyers are asked to check the price again before they confirm their order.

On Tuesday, 18 January 2011, we expect the next delivery for silver.

This article was posted: Saturday, January 15, 2011 at 9:42 am





Infowars.com Videos:

Comment on this article

Comments are closed.

Watch the News

FEATURED VIDEOS
See the rest on the Alex Jones YouTube channel.

Ebola Czar: Overpopulation Controls Are Needed in Africa See the rest on the Alex Jones YouTube channel.

© 2013 PrisonPlanet.com is a Free Speech Systems, LLC company. All rights reserved. Digital Millennium Copyright Act Notice.