Roughly 10% of the US annual supply of Silver was just vaporized.
Four million ounces of annual Silver supply and 400,000 ounces of annual Gold supply have just been 'vaporized' by a massive landslide.
Rio Tinto's [RTP] kennecott mine in Utah (which is the US's 2nd largest Silver mine) has just had a landslide which could shut down the mine for years. Over a billion tons of dirt have collapsed into the mine basin.
Bloody damned good thing there aren't ANY physical supply issues right now!
- It will take an extra 400 million ounces of 'paper Silver' a year to make up for the lost supply...
Sunday 14 April 2013
VAPORIZED!.........................from Rico
From Theo Spark at 08:43
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