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Silver Is Backed Up For Months. Here's Why

Silver Is Backed Up For Months. Here's Why Authored by VBL via GoldFix, Silver sold off during Josh Phair's September 23 interview, but the Scottsdale Mint CEO said the physical market's immediate constraint was at the refinery. "Silver is backed up at the refineries... in many cases about 3-4 months," depending on the material, while finished refined metal remained amply available in the United States. In his Mining.com Top of Mine interview, Phair said banks have been redirecting mined material toward refineries in countries friendly to the United States. Those plants have been backed up...
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