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Message: <blockquote data-quote="Lycanthrope" data-source="post: 479402" data-attributes="member: 562"><p>People are buying it, there is huge industrial demand for silver. Saw someone post recently on a silver forum that they sold like 150lbs direct to a chinese company at a significant premium, said they sold it near 130/oz according to them when it was hovering around 100 spot price. I didnt try to verify that claim, but its something that probably wouldnt benefit anyone to lie about. People are holding silver because the price is surging, but industrial demand isnt weakening so theres a supply crunch that will likely increase into the near future.</p></blockquote><p></p>

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