Looks to be an annual decline, supply may be weakening or they are waiting for higher silver prices.
Does it matter? Silver is headed to $700 so what's the difference between $15, $50, or $100? Just keep buying. If it's a "dead cat bounce" then there is money to be made.
Fiat money always goes down in value. An economy that is built around fiat money (banks) will collapse. Always. U.S. is no exception. Banks should never be bailed out. Why did the Feds bail out banks? To keep the pyramid scheme going.
Feds realize they need to build supply, they need to go back to gold standard sooner or later.
Rome didn't collapse until the coins were less than 2% silver. U.S. is at 0% for over 40 years.
Keep enough fiat for daily transactions or bills, anything left over should go to silver. We're about two years away from a total collapse of the dollar. The pace that the U.S. got rid of silver coins is extremely fast, 1964 90%, 1965, 40%, 1972, 0%. That was a sign right there that this economy will sink fast, under fifty years =2020.
They spread their armies thin around Europe just like the U.S. Taxes had to be raised to cover the costs, just like the U.S. Their money had less and less gold/silver until it had almost none, U.S. has none now. Rome was invaded not once but twice, U.S. is invaded by Terorrists not once but twice. Rome collpased. U.S. near collpase.
No money will survive without being backed by gold/silver. The U.S. is adding money supply at 13% annual. This signals hyperinflation ahead.
Will we go back to the gold standard? The gold standard never preserved the dollars value, the gold standard only slowed the decline the value of the dollar. We could abolish the Federal Reserve and then go back to the Gold Standard. Then the question is what do we do about the massive supply of dollars out there, we may have to go through a horrible Economic depression that could last decades. This could happen if the Government was forced to do so with no other choice. After a period of hyperinflation Americans may welcome dropping prices (deflation) with open arms. This still doesn't answer what is next after the collapse of the dollar, what would we use for means of payments? The solution is a private mint and a new currency (with new laws to allow it), trade your fiat money for the new private mints currency backed by gold and silver. The Federal Reserve would be out of business. One Hundred U.S. Dollar may buy $1 "New Currency."
That's my prediction for the future of the dollar and its replacement.
If "dealers are swimming in silver" then why are they buying so many Eagles? Why are dealers reporting no 90% silver in stock? Why can't they fill big orders for months?
Has says he has damning evidence that it was an inside job, and that the story will become the largest in our nation’s history.