Commodity Trade Mantra

Posts Tagged ‘Silver Imports’

Gold Jumps, Silver Soars As The U.S. Dollar Slumps

Gold prices jumped to a seven-week high & silver soared to a 15-month peak as the dollar touched an 11-month low. With Japan closed today, and unable for now to do more damage (or damage control), China stepped in with some modest turmoil of its own by strengthening the Yuan fix by the most since 2005, pressuring the US dollar weaker for the 5th day in a row.

India's Silver and Gold Imports Strong Despite Government's Perpetual Obstruction

While India’s gross gold bullion import in 2015 reached the third highest amount ever at 947 tonnes and gross silver bullion import reached the highest amount ever at 8,504 tonnes, the Indian government is perpetually trying to obstruct the populace from protecting their wealth. Yet the Indian people did not substantially buy less gold – and did buy substantially more silver.

Silver Imports From The U.S. Continue At Record Volumes

Physical silver investment demand cooled down in Oct & Nov. However, the U.S. imported 557 metric tons of silver in Dec compared to 418 mt in Nov. Now, if we look at the entire year, the U.S. imported nearly 1,000 mt more silver than it did in 2014. Why would silver imports surge in December, if physical investment and industrial demand was lower?

Something Big Is About To Happen With Gold And Silver

I believe this is just the beginning of what will become an AVALANCHE of physical gold and silver buying. Right now there is only a hint of fear. Wait until the markets really start to tank as the price of oil heads below $20. All it would take would be the bankruptcy of a financial institution such as Deutsche Bank to push the whole thing over the cliff.

Something Broke In The U.S. Silver Market

After looking over all the figures, it seems as if something broke in the U.S. Silver Market this year. By that, I mean the normal supply and demand forces no longer make sense. I believe this stemmed from the massive amount of physical silver investment demand beginning in June as financial and geopolitical events pushed the retail silver market into severe shortages.

India Precious Metals Import Explosive – August Gold 126t, Silver 1,400t

In the month of August 2015, India imported 126 tonnes of gold and 1,400 tonnes of silver. Year-to-date India has imported 654 tonnes of gold, up 66% y/y & 6,782 tonnes of silver up 96 % y/y. Silver import is on track to reach an annualized 10,172 tonnes, up 44 % y/y! This would be a staggering 37 % of world mining.

The Coming Market Crash Will Wipe Out Global Silver Supply

The market doesn’t realize it yet, but the coming collapse of the global stock and bond markets will totally wipe out world silver supplies. Unfortunately, this will occur at the time when main stream investors finally understand the value of owning physical silver. The the market is starting to see a huge inflow of new and first-time gold and silver buyers

Major Buyers Continue To Stockpile Silver As U.S. Silver Imports Surge In April

U.S. silver imports surged to 531 metric tons (mt) in April, up from 459 mt in March. Total U.S. silver imports in the first four months of the year are up a stunning 505 metric tons (2,035 mt) compared to the same period last year (1,530 mt). If this trend continues, the U.S. will import over 6,000 mt of silver in 2015.

Has The Global Run On Silver Begun? Shortages On The Horizon?

I believe the world is at the beginning stage of a GLOBAL RUN ON SILVER. The indicators listed here show something has changed in the global silver market. If the financial situation continues to unravel due to a GREEK EXIT of the European Union, demand for silver will only increase. Thus, the market will likely experience global silver shortages.

2015 Silver Eagle Investment Demand Continues To Be The Big Winner

From 1987 to 2000, the U.S. Mint sold 15 Silver Eagles for every ounce of Gold Eagles. Then from 2001 to 2007, this nearly doubled to 29 to 1. From 2008 to 2014, the rate of Silver Eagle to Gold Eagle sales jumped to 41 to 1 & then 84 to 1 in 2014. Th e current demand in February are a staggering 213 to 1.

India Imports Record Amount Of Silver In November

India imported 1,254 mt of silver just in November, compared to a total of 1,274 mt for 2009. Furthermore, Indian silver imports in October and November (2,497 mt) were higher than the total in 2012 at 1,922 mt. India’s estimated 2014 silver imports at 7,400 mt equals 234 million oz (Moz) or 28% of total world mine supply of 825 Moz.

The Inevitable Upcoming Silver Shortage

The combined demand from Indian silver imports, U.S. Silver Eagles and Royal Canadian Mint Silver Maple Leafs – i.e., the three largest sources of physical silver demand, aside from unreported Chinese imports – have increased by an astonishing 198%, tripling from 93 million ounces, 7 years ago, to an estimated 279 million ounces now.

Indian Silver Imports Setting Up For Another Big Record Year

With strong demand in Oct, India imported 5,535 mt of silver year to date, with two months remaining. If India imports a conservative 350 mt of silver for each of the remaining two months, that would be a little more than 6,200 mt. In 2013, India imported 5,819 mt of silver & US imported 5,080 mt; totaling 42% of global silver mine supply.

Significant Drawdown Of UK Silver Inventories On Record Indian Demand

Demand for silver bars and coins has soared in recent weeks as bargain hunting retail investors returned to the silver market after a disappointing first half of the year. Its more than evident in India where silver imports are up by 14% YoY for the Jan to Oct period, so strong, that it produced a significant drawdown of U.K. silver inventories.

India's Silver Imports Near Record At A Quarter Of Global Mine Supply

India imported 2,882 tonnes (92.6 million ounces) of silver in the first six months of 2014, down slightly from the previous record set last year at 2,980 tonnes. According to the 2014 World Silver Survey, global silver production around 800 million ounces in 2013. Thus, India imported 23%, nearly a quarter of global mine supply.

Are Silver Prices Set Up for Another Heartbreak?

Most have a clear choice between buying into a conventional stock market, making all time high after all time high. Or buying an asset like silver that is off over 60% from its highs and 100’s of percentage points from conservative inflation-adjusted highs. Even rigged markets do not fall forever.

Silver replys on Bear Markets, Manipulation and Investor Sentiment

Looking at the current situation from a historical perspective, I see a lot of catalysts that will catapult the silver price higher in the near future. It seems rather clear that as demand continues to grow, supply tightens, the role of silver as money grows more substantial.

India Imports 462 MT of Silver in January

As a result from the restrictions in gold trade is that many Indians flocked to silver. In January 2014, India’s gross silver import was 461 metric tonnes. Indian net silver import for 2013 broke all records at 6016 metric tonnes. The Indian gross monthly import average in 2013 was 512 metric tonnes.

The Silver Revolution - The Reasons For Higher Silver Prices

Those who buy physical silver often do so against the wishes of the financial services industry who only seek to steer people into approved investments, like at the moment, stocks. The reasons for higher silver prices are many & any one of them could make silver a fantastic investment for years to come.

India Imported 6125 Tonnes Of Silver In 2013 - Up 189 % From 2012

The premiums on gold, currently 15 % above international prices, pushed a lot of Indian savers into silver. India’s silver import in 2013 was 6125 t, an all-time record, up 189 % from 2115 t in 2012. In December silver import accounted for 825 t, up 108 % m/m, 6560 % y/y.

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