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

Trader Dan Norcini's Silver update - 8 hour chart 12:30 CDT [Wednesday, March 23, 2011]

Is silver going to breakthrough and head to $40 this week?

Trader Dan Norcini's 4 hour Silver Chart Update- 4:30 PM CDT [Tuesday, March 22, 2011]

The great collapse- are you prepared?

James Turk- The Dollar is in trouble

March 21, 2011 kingworldnews.com

“The precious metals are giving a clear message, namely that the dollar is in trouble.  Gold and silver are near their recent highs and this shows both markets, the dollar and the metals confirming the trend.

It’s not just the charts painting this bearish picture for the dollar, the fundamentals are atrocious.  With Europe on the verge of raising interest rates and the Federal Reserve set in its ways keeping interest rates low as far as the eye can see, people around the world are going to increasingly dump the dollar.  

At some point there is going to be a panic as the flight from the dollar moves from the relatively orderly retreat we are currently witnessing, to a stampede.  The charts are telling me that panic is about to begin.  As I mentioned in a KWN blog earlier this month, I believe the next leg down in the US dollar will shock the world.” James Turk

Trader Dan Norcini's 4 Hour Silver Chart [Monday, March 21, 2011]

Quote of the Week

"The big money is not in the individual fluctuations, but in the main movements, that is not in the reading of the tape, but in the sizing up of the entire market and it's trend, and right here let me tell you one thing, after spending many years on wall street and making and losing millions of dollars I want to tell you this, it never was my thinking that made the big money for me, it always was my sitting tight- got that!" Reminiscences of a Stock Operator


Silver is in a bull market, sit tight and buy on dips to cement your positions...