About silver, in general terms, we have got to be getting closer...

About silver, in general terms, we have got to be getting closer to an inflection point. All signs are pointing to it. This is of course what Greyerz observes.

Here is an excerpt (link appears in the above post).

And get a load of this included chart:

January 18, 2013

Greyerz also warned of severe shortages in silver: “We are now seeing major shortages of silver. It’s much, much harder to get hold of silver than it is to get gold. As soon as people get silver inventory to sell, it’s gone straightaway.


I agree with John Embry who talked about silver going up hundreds of dollars. Silver will absolutely explode in price. Silver does have a much greater potential than gold, there’s no question about that. As an investment silver will be spectacular.


But the bottom line is we are having real problems getting silver because of these massive shortages. We are now seeing very lengthy delays in getting physical silver. You can still find gold, but silver is simply not around, and we expect the situation to get much worse. We are now to the point where we are going to begin to see a massive breakout in the price of silver.”