Today
41-year veteran Bill Haynes told King World News the silver shortage is
becoming more evident and it is now impacting premiums of retail silver
products his company sells. Haynes stated, “... what we’re seeing in the premium action suggests that (silver) is going into short supply.”
Haynes
also said it is causing inventory at wholesalers in the silver market
to dry up. He went to discuss what the unprecedented buying will mean
going forward. Here is what Haynes had to say: “It
seems this week we had existing clients adding to their positions.
It’s amazing, these are people that (already) own gold at $300, $400,
silver below $10, and they are still adding to their positions at these
levels.”
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