{"id":21822,"date":"2020-04-09T08:47:22","date_gmt":"2020-04-09T14:47:22","guid":{"rendered":"https:\/\/srsroccoreport.com\/?p=21822"},"modified":"2021-09-17T11:19:16","modified_gmt":"2021-09-17T21:19:16","slug":"gold-silver-shortages-to-get-worse-massive-debt-money-printing-just-beginning","status":"publish","type":"post","link":"https:\/\/srsroccoreport.com\/public\/gold-silver-shortages-to-get-worse-massive-debt-money-printing-just-beginning\/","title":{"rendered":"GOLD &#038; SILVER SHORTAGES TO GET WORSE:  Massive Debt &#038; Money Printing Just Beginning"},"content":{"rendered":"<p>With the Federal Reserve announcing this morning that it will start buying Junk Bonds and Junk ETFs, along with its monthly asset purchases of U.S. Treasuries and Mortgage-Backed Securities, the demand for gold and silver bullion will only increase.\u00a0 Thus, get ready for shortages of available precious metals products to get worse as wait times will likely increase from weeks to months.<\/p>\n<p>In my newest video, <a href=\"https:\/\/www.youtube.com\/watch?v=inNxwEBQAzY\" target=\"_blank\" rel=\"noopener noreferrer\"><em><strong>Gold &amp; Silver Shortages: Massive Debt &amp; Money Printing Just Beginning<\/strong><\/em><\/a>, I discuss how much the U.S. Public debt, M2 Money supply, and Currency in Circulation have increased in just the past two months.<\/p>\n<p><iframe loading=\"lazy\" title=\"Gold &amp; Silver Shortages To Get Worse:  Due To Massive Debt &amp; Money Printing\" width=\"500\" height=\"281\" src=\"https:\/\/www.youtube.com\/embed\/inNxwEBQAzY?wmode=transparent&amp;rel=0&amp;feature=oembed\" frameborder=\"0\" allow=\"accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share\" referrerpolicy=\"strict-origin-when-cross-origin\" allowfullscreen><\/iframe><\/p>\n<p>For example, the U.S. Government&#8217;s public debt surged by a staggering $219 billion in the first three days of April.\u00a0 How does this compare with the value of global gold and silver mine supply for a month?<\/p>\n<p style=\"text-align: center;\"><img loading=\"lazy\" decoding=\"async\" class=\"alignnone wp-image-21825\" src=\"https:\/\/srsroccoreport.com\/public\/wp-content\/uploads\/2020\/04\/US-Public-Debt-Increase-vs-Global-Gold-Silver-Mine-Supply.png\" alt=\"\" width=\"650\" height=\"432\" srcset=\"https:\/\/srsroccoreport.com\/public\/wp-content\/uploads\/2020\/04\/US-Public-Debt-Increase-vs-Global-Gold-Silver-Mine-Supply.png 866w, https:\/\/srsroccoreport.com\/public\/wp-content\/uploads\/2020\/04\/US-Public-Debt-Increase-vs-Global-Gold-Silver-Mine-Supply-300x200.png 300w, https:\/\/srsroccoreport.com\/public\/wp-content\/uploads\/2020\/04\/US-Public-Debt-Increase-vs-Global-Gold-Silver-Mine-Supply-768x511.png 768w\" sizes=\"auto, (max-width: 650px) 100vw, 650px\" \/><\/p>\n<p><span style=\"color: #800000;\"><strong>The total value of global gold and silver mine supply for a month is approximately $16 billion compared to the $219 billion increase in U.S. Government debt over three days.<\/strong><\/span>\u00a0 And, this is just the beginning.\u00a0 As I mentioned at the top of the article, the Federal Reserve will now start buying Junk Bonds and Junk ETFs to prop up the market.\u00a0 This is how bad the situation is becoming.<\/p>\n<p>In the video, I provide an update on the list of mines that are now shut down in Mexico.\u00a0 These mines will be shut down until the end of April.\u00a0 Mexico produces about 28 million oz of silver per month.\u00a0 Furthermore, Peru hasn&#8217;t announced a reopening of mines that were shut down on March 15th.\u00a0 I&#8217;ve checked Pan American Silver&#8217;s website, and they have not provided an update on their four mines in Peru that were closed in mid-March.<\/p>\n<p>Moreover, as global silver mine supply is contracting, demand for physical silver bullion has skyrocketed.\u00a0 While the retail silver bullion products have been delayed for 2-4 weeks or more, it is very difficult to obtain the 1,000 wholesale bars.\u00a0 Back in 2008, when the same retail silver bullion shortages were taking place, investors could still acquire 1,000 oz silver bars and turn them into smaller products.<\/p>\n<p><span style=\"color: #800000;\"><strong>However, if we look at APMEX&#8217;s website, there aren&#8217;t any 1,000 oz silver bars available.\u00a0 In 2008, APMEX had at times a dozen of these 1,000 oz bars for sale (including serial numbers)<\/strong><\/span>:<\/p>\n<p style=\"text-align: center;\"><img loading=\"lazy\" decoding=\"async\" class=\"alignnone wp-image-21823\" src=\"https:\/\/srsroccoreport.com\/public\/wp-content\/uploads\/2020\/04\/APMEX-1000-oz-Silver-Bars.png\" alt=\"\" width=\"650\" height=\"373\" srcset=\"https:\/\/srsroccoreport.com\/public\/wp-content\/uploads\/2020\/04\/APMEX-1000-oz-Silver-Bars.png 1306w, https:\/\/srsroccoreport.com\/public\/wp-content\/uploads\/2020\/04\/APMEX-1000-oz-Silver-Bars-300x172.png 300w, https:\/\/srsroccoreport.com\/public\/wp-content\/uploads\/2020\/04\/APMEX-1000-oz-Silver-Bars-1024x588.png 1024w, https:\/\/srsroccoreport.com\/public\/wp-content\/uploads\/2020\/04\/APMEX-1000-oz-Silver-Bars-768x441.png 768w\" sizes=\"auto, (max-width: 650px) 100vw, 650px\" \/><\/p>\n<p>Dan at <a href=\"https:\/\/srsroccoreport.com\/precious-metals-investing\/\" target=\"_blank\" rel=\"noopener noreferrer\"><strong>Cloud Hard Assets<\/strong><\/a> told me that they could get some 1,000 oz silver bars, but it would take 4-6 weeks.\u00a0 <span style=\"color: #800000;\"><strong>So, we already see tightness in the 1,000 oz wholesale silver market.<\/strong><\/span><\/p>\n<p>I believe investors still don&#8217;t realize just how bad the Global Economy and Financial System has deteriorated.\u00a0 Over the next 2-4 weeks, watch as more fireworks take place in the market, forcing a more significant number of investors to move into physical precious metals.\u00a0 Unfortunately, that will only make the shortages and availability more extreme.<\/p>\n<p><span style=\"color: #ff0000;\"><strong>THANK YOU ALL FOR THE SUPPORT:<\/strong><\/span>\u00a0 I just wanted to thank all the individuals who continue to support the SRSrocco Report website and youtube channel.\u00a0 I know some of you have canceled memberships as times are tough.\u00a0 I totally understand.\u00a0 If you are new to the site and find the information valuable, please consider supporting the website, if you have the means to do so, at Paypal or Patreon below.<\/p>\n<p><strong>If you are new to the SRSrocco Report, please consider subscribing to my:\u00a0<\/strong> <a href=\"https:\/\/www.youtube.com\/channel\/UCED7G7CZfqdSV9zttlr1M_g\"><strong>SRSrocco Report Youtube Channel<\/strong><\/a>.<\/p>\n<script>(function() {\n\twindow.mc4wp = window.mc4wp || {\n\t\tlisteners: [],\n\t\tforms: {\n\t\t\ton: function(evt, cb) {\n\t\t\t\twindow.mc4wp.listeners.push(\n\t\t\t\t\t{\n\t\t\t\t\t\tevent   : 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