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Old 10-14-2011, 04:19 PM   #1
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Exclamation Physical supplies of 100oz bars drying up

As of the moment, it appears that physical supply of 100oz silver is drying up.

Tulving.com, one of the largest dealers, says they are sold out:
http://tulving.com/goldbull.html

apmex.com shows less that 1,000 bars in inventory:
http://www.apmex.com/Category/1193/1...lver_Bars.aspx

provident.com is also sold out:
http://www.providentmetals.com/bulli...0-ozt-bar.html
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Old 10-16-2011, 04:02 PM   #2
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I checked just now and apmex shows 974 bars in stock.
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Old 10-18-2011, 11:36 AM   #3
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I checked just now and Apmex reports 907 of the 100oz bars (all refiners/brands) available.
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Old 10-20-2011, 07:32 AM   #4
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Just checked and Apmex currently reporting 898 total 100oz bars of silver across all brands/refiners.

tulving reports some inventory of JM / Engelhard 100oz bars now. Still sold out of all other brands/refiners.
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Old 10-21-2011, 03:32 PM   #5
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Just checked and Apmex shows 860 bars of 100oz silver available currently.
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Old 10-23-2011, 11:36 AM   #6
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Just checked and Apmex shows 839 of the 100oz silver bars currently available.

I'm hearing that the Perth mint has also run out of inventory on many of their offerings.
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Old 10-24-2011, 03:09 PM   #7
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Just checked and Apmex is reporting 819 of the 100oz silver bars across all brands are currently available.
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Old 10-24-2011, 03:38 PM   #8
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Gainesville Coins is also sold out of 100oz bars:
http://www.gainesvillecoins.com/Sear...ght=319&type=3
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Old 10-26-2011, 11:46 AM   #9
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Just checked and Apmex is showing 782 of the 100oz silver bars currently available.

Gainesville is now reporting availability of some 100oz bars.
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Old 10-27-2011, 09:51 PM   #10
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Just checked and Apmex is reporting 741 of the 100oz silver bars currently available.
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Old 10-31-2011, 10:27 AM   #11
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apmex seems to have increased their inventory over the weeked. They are currently reporting 942 of the 100oz silver bars available.
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Old 11-04-2011, 07:23 AM   #12
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Just checked and apmex is reporting 909 of the 100oz silver bars available.

tulving still reporting some inventory of JM / Engelhard 100oz bars. Unless I missed it before, they have added a new inventory of 100oz bars from Ohio Precious Metals. They still report out of stock for all other 100oz bar bands.

Provident now reporting some inventory of JM 100oz bars.

Gainesville appears to now have several brands of 100oz bars in stock.

It appears that physical inventories of 100oz bars are stabilizing as the spot price of silver trades at ~$34/oz.
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Old 11-08-2011, 11:19 AM   #13
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Anecdotal report from the Perth Mint courtesy of a commenter at TFMetals:
Originally Posted by silverstool :
...
Demand is so strong we are selling everything we can make. It's simply demand outstripping supply, even with expanded capacity. Apologies for your current frustrations.
...
http://www.tfmetalsreport.com/commen...#comment-83399

apmex currently reporting 899 bars of 100oz silver bars available. Unless I'm mistaken, they just added bars from Ohio Precious Metals as a new offering, so the 54 bars they have from them make the 899 total apples to oranges comparison to previous counts (apmex would have 845 bars without them).

tulving now reporting only 300,000+ oz of silver in stock. At the last update, they were reporting 400,000+ oz in stock.
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Old 11-10-2011, 06:09 PM   #14
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Two sides to this that I see. I think showing limited quantities of stock is a deliberate marketing ploy, to be honest, no differently than an infomercial telling you to ACT NOW BECAUSE SUPPLIES ARE LIMITED!! If they showed an enormous supply (relative to average sensibilities), people would tend to relax and take their time. If they show what looks like a shortage, people get anxious and are willing to buy more in a shorter time.

The other side to this is that supplies really are limited - just not on scales and timelines that most people can comprehend or relate to. If people knew what was really happening, there really would be a rush, as all supplies are exhausted. However, the alarmists have the opposite effect, as people become desensitized and go to sleep. The Titanic might have just hit an iceberg, with two hours before it sinks, but it's floating now just fine, so what's the problem? There is time. Or the weather inside the eye of the hurricane is so calm that it is inconceivable to the mind that things are going to get very scary, and very soon.

In a strange way, we have the alarmists to calm our fears, because they look so ridiculous, so out of place in contrast to what looks like business as usual going on around them. Some hear or read a Porter Stansberry report for the first time and want to run screaming down the street. They make an immediate purchase, as they buy up food stuffs and baton down the hatches. Then tomorrow comes. Prices have gone up some, but otherwise the ship is still afloat, despite the water it has taken on. Then a barrage of what looks like cheesy multi-level marketing garbage floods into the inbox, all filled with "Secret Inside Information" from the doomsayer. And the feeling of "Oh crap, was I taken in by these people?" hits. Well, yes. And no. Yes, you were taken in by them, and are a mark, and no, they aren't wrong. In the long run, what they are predicting is inevitable. But that does not mean that life does not go on. Today, tomorrow, and even when it hits. Just be prepared. You don't know how much time you have to prepare, but panic is not going to help. Just take the necessary steps for today and let providence rule the details.
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Old 11-10-2011, 07:58 PM   #15
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Well, unless you think all the dealers and Aussie mint are in collusion to perpetrate a Jedi mind trick on the few peeps like me who are paying attention to these details, I'd say that - taken all together, the numbers are brush strokes in a painting that's worth studying.
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Old 11-10-2011, 08:35 PM   #16
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Actually, I think it was probably a mistake to even call it a marketing ploy, as that was just a thought on what it could be. It could be as simple as something like the same average number of cans on an average grocer's shelf, without much thought to it beyond that. In one business I once owned in the semiconductor industry, we would stock twenty of a given item (mass flow controllers) as ready for sale in the moment, but with literally hundreds available and waiting in the warehouse.
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Old 11-10-2011, 08:41 PM   #17
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I know that apmex does a similar thing with the inventory of Silver Eagles, but I'm not sure that they do so with the 100 oz bars. When smaller dealers (and tulving which is not a small dealer) are reporting that they are out of inventory in correlation with apmex stocks depleting, I tend to think the numbers are reflective of available inventory. But that's pure guesswork on my part.
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Old 11-15-2011, 06:45 AM   #18
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Seems like we may have found an inflection point in the physical bullion market. I just checked around today:

Provident - now has several brands of 100oz bars in stock

Tulving - now reporting 400,000+ oz silver in stock; also reporting several brands of 100oz bars in stock now

apmex - surprisingly, now showing only 850 of the 100oz bars available. I had expected the number to be up seeing as how most other dealers were showing new inventory available.

It appears that when silver is below $33/oz, inventories disappear. With silver above $33/oz, supply returns. Of course, there aren't near enough data points here to make any kind of rigorous analysis. This is entirely superficial, but worth watching IMO.
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Old 11-15-2011, 01:09 PM   #19
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I'm glad you're watching all this stuff, it keeps me logged in here to see what I might have missed.
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Old 11-19-2011, 01:20 PM   #20
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Well, it appears that people were buying the Thursday dip. I checked just now and apmex is reporting only 751 of the 100ozt bars available.

tulving now reporting 600,000+ ozt of silver in stock (and 3 different brands of 100ozt bars available).

provident and gainesville both appear to have several options available as well.
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