Miles Franklin has been in the precious metals business for nearly 30 years without a single complaint, according to the Better Business Bureau. The company also happens to reside in the only state in the U.S. that regulates precious metal dealers.
In 2008 and 2011, silver became almost unavailable for investors. And now, according to its analyst Andy Hoffman in this recent interview with Future Money Trends, he believes in 2016 it is likely “we will run out of silver.”
The big money is starting to buy up silver (as well as gold), but there is an enormous problem: the silver supply is already extremely tight.
Hoffman believes that the FED’s decision to once again delay a rate increase was the final nail in the coffin for any confidence the market had left in policy makers.
The cartel that suppressed the price of gold had their largest naked short position in history last month, and they couldn’t keep the price down… “It’s over!”
And now, we are days away from a likely BREXIT, where the entire European Union could begin to break down, which will add to a coming avalanche of demand for gold and silver.