Sprott Money Temporarily Runs Out of Physical Silver
交易商報告兩天內白銀現貨已被一搶而空，最大一單500萬美元！
http://kingworldnews.com/
With gold and silver prices plunging, King World News sources are
reporting massive physical demand. One example is Sprott Money, which
completely ran out of physical silver. Larisa Sprott, President of
Sprott Money told KWN, “It’s been pretty wild, especially the last three
or four days because of the price drop. People are trading in their
paper money for gold and silver, but we are seeing more purchases of
silver net. In fact the buying has been really skewed in favor of
silver, there is tremendous demand.”
Larisa Sprott continues:
“We have completely run out of physical silver, so we are temporarily
out of stock. You have to remember, Eric, that like Dubai, we only sell
product that is on our shelves, that we have in stock. We do expect a
shipment later today, which will allow us to restock and give us more
product to sell.
Our clients are very savvy, sophisticated and when a price drop of this
magnitude occurs, they step in and buy very aggressively. Right now
there is dramatically increased volume what we are seeing is buying
across all spectrums in terms of the size of the orders.
To clarify, we may have some client buying a single tube of silver
maples, while at the same time, another client is buying $5 million of
100 ounce silver bars or gold maple leafs. The bottom line here is the
drawdown in price is creating a tremendous amount of demand.”
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