Read more on this subject: Gold and SilverNews Story Source: https://www.zerohedge.com, by Tyler DurdenAs we detailed below, various executives from bullion dealers have explained that huge demand has left them with no supply (and no source) for physical silver.
And while silver futures prices (paper silver) have 'stabilized' modestly during the day...
Simply put, the establishment can print all the paper silver it wants, but there is no physical supply... and that likely ends badly for those attempting to suppress reality for too long.
As we noted over the weekend, online bullion dealers saw such huge demand for silver ahead of today's moves as 'Reddit-Raiders' prepared to take aim at the precious metals markets.
Sites from Money Metals and SD Bullion to JM Bullion and APMEX, all halted sales amid the unprecedented demand.
Over the weekend, Tyler Wall, the CEO of SD Bullion wrote the following (emphasis ours):
In the 24 hours proceeding Friday market close, SD Bullion sold nearly 10xRead More or Make a Comment
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