There are rumours these past few days, partly thanks to Jason Hommels Silver Stock Report, of a silver shortage in the USA and Canada. Interestingly, for all the conspiracy theorists out there, Silver has dropped approx 10% these past few days alone. Now, if that doesn't fit the description of a conspiracy theory, what does? Desperate short-sellers trying to flush out a few naive sellers?
No such problems in Europe, where the mainstream are not at all onto this story thanks to a strong Euro and the disappointing rule where VAT of between 15-25% is added to the price of Silver bullion. They may regret missing their chance though, and there are in fact many ways to buy silver and avoid paying the VAT even in if you live in the EU.
You can find out what they are in the new book on How to Invest in Gold and Silver. It will repay its purchase price many times over.
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment