Americas Silver Corp fka USAPF

[NYBob]

Silver coin demand outstripping supply
Tuesday, April 26, 2011
From the GoldMoney Dealing Desk --

Following yesterday’s spike up to nearly $50 per ounce,
the silver price has declined and is currently trading
around $46, though at one point earlier today the price
was below $45.

As with gold, increased volatility is to be expected
around technically-significant even numbers,
especially at $50 – the previous nominal peak
from silver’s last epic price spike in 1979-80.

The Chicago Mercantile Exchange Group (CME Group)
also announced last night that it is raising the margin
requirements on silver futures.
As of the end of trading today, speculators will need to pay
$12,825 to buy or sell a single full-sized silver contract,
up from $11,745.
The maintenance margin has been raised from $8,700 to $9,500.

Coupled with silver’s failure to breach $50, this margin hike
may have encouraged some traders to sell –
though previous margin hikes (this is the third in three
months), have done nothing to stop or slow silver’s ascent.

This is because demand for the “poor man’s gold” remains intense.
This continues to be best illustrated by the backwardation that
is persisting in the silver futures market.
As GoldMoney’s James Turk pointed out yesterday in an
interview, despite the price setback late last night and
into this morning, as long as silver futures remain in
backwardation then any price declines will be short-lived.
A source in London reported to King World News that Asian
demand for silver will soon push the price above $100.

Heavy demand from small investors is resulting in shortages
in popular coins such as the American Silver Eagle, and
leading to premiums that are well above spot price on
silver coins.
As ZeroHedge reported yesterday, the American Precious Metals
Exchange (APMEX) –
one of America’s biggest wholesale precious metals retailers –
warned of potential delays into mid-May in delivering Silver
Eagles, and is now offering to pay $3 over spot for any
Silver Eagle coins in any quantity.

Earlier in the year Dave Madge, director of sales at
Canada’s Royal Mint, reported that sourcing silver was
becoming “very difficult” owing to the buying frenzy in
the metal.
It’s likely that the silver price – as well as premiums
on some of the most popular coins, such as the Canadian
Maple Leaf and the Silver Eagle –
will have to go a lot higher before holders
are enticed to sell.

http://uk.ibtimes.com/articles/20110426/silver-coin-demand-outstripping-supply.htm

James Turk: Waterfall Decline of The Dollar In The Near Future! Silver In Prolonged Backwardation!

http://socioecohistory.wordpress.com/

USSIF is in USA safe for the mining industry
many other silver companies have threats from unstable regions
in the world, some bolsheviks banksters super red governments
even want a piece of the action and take over the mines -
Workers have gone on strike?.. -

If you think about why you bought this stock in the first
place remind yourself again of the facts, do not take my
word for it do your own DD... and call Investor Relations -
• Very High grade silver 85% + copper, zink, lead etc.

What do you think is going to happen when they report their
earnings and give out a few more clues about their potential
going forward?
You have to be living under a 666-media Tv-manip. to not know
what the price of silver has been doing and why.
Do you know that the world has a lot less silver then it did
at the turn of the century?..
There are new technologies that depend on silver,
including military applications....
How often do you replace your cell phone?..
Why is China buying all the silver they can get their hands on?
Now they are finally recycling some of it.
Do you know about the large orders for solar panels in China
right now?
If the world’s Ag-production slows down or would stop today
we would run out in short time?..



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God Bless