Thursday, March 24, 2011

Silver Bullion March Newsletter - The Silver Bullion Supply & COMEX Deliveries

23 March, 2011



In early March silver bullion supplies have become very tight. Planned shipments were postponed several times as mints and foundries delayed shipment to primary distributors.
Scarcity often causes additional demand as purchasers scramble to obtain any available silver, this in turn increases supply pressures further. However in this case we believe that the recent supply issues were greatly aggravated by COMEX as the future exchange scrambled to source physical silver for the March contract deliveries.
Given the supply uncertainty we suspended pre-orders for a few days in early March until the supply situation became more predictable. We are pleased that the situation has improved and that we received 3 large shipments giving us in-stock availability again on many items.


By The Silver Bullion Team

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