Up here in the Great White North spoke with a K**** customer representative yesterday and during our conversation he mentioned Friday and Monday were the busiest days he's had in a long time. Check out their website for Silver Bullion. In the span of 2 business days:
(1) All Silver Maple Monster boxes - gone. Out of stock.
(2) All American Silver Eagle Monster boxes - gone & no more stock.
(3) Silver 10 oz bars - went oos stock yesterday smack dab in the middle of my online order. Sheesh.
(4) Silver 1 oz & 100z good delivery bars - gone. Poof.
(5) Silver Maple (singles) (mind you selling at $5 over spot) - nada.
Basically half the items were sold out in 48 hours proving Silver bullion is way underpriced and in much higher demand versus ole yeller.
<putting on his Carnack the Great swami hat>
Prediction: the last few 100 oz RCM bars (only available to non-Canucks :( )will be gone by Wednesday, followed closely by the last few Silver Eagle singles. Appears physical Silver is in scarce supply as it was in the depths of the 2008 downturn when priced at $8 per. Bottom's in?