by Steve St. Angelo, SRSRocco Report:

After total world silver investment put a huge squeeze on global mine supply last year, the same trend continues during the first quarter of 2021.  Investment demand for both physical and ETF silver remains just as strong as it was last year.  This is putting a huge squeeze on the silver market as investors begin to demand “Physical” over “Paper Synthetic” silver.

John Adams in Australia is doing a wonderful job putting a spotlight on the big problems for individuals who have invested in “Unallocated” silver investment at the Perth Mint and now Kitco.com.  I’d imagine the number of institutions providing “unallocated silver investment vehicles” will continue to get into trouble as more investors ask for physical demand.  There just doesn’t seem to be enough silver backing these unallocated accounts.