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Silver has no big buyers - georgesilver - 07-15-2012 03:31 AM
Dear BrotherJohn,
Central Banks, large banks and Big Players are buying massive amounts of Gold but NOT Silver.
Central Banks have the ability to know what is going on in the markets before the rest of us have any inkling.
Central banks may be corrupt but they are not stupid. If they wanted to buy Silver I'm sure they could. We are constantly told supply of Silver is scares..... but is it? I read an article recently that said Perth Mint was experiencing NO problems obtaining Silver. BullionVault my main Silver holder is not experiencing any problems. Industrial users don't seem to have a problem either.
Could it be that Silver is only being bought by the average person and the industrial user?
Could it be that the future is set for Gold but not Silver purely because of it's industrial use?
Coul it be that we could see a Silver to Gold ratio of 150 - 1 ?