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U.S. Faces Silver Squeeze Amid Shrinking Treasury Stock
U.S. silver reserves shrink as industry reliance grows and world demand exceeds global production by about 100 million ounces annually. The Treasury holds 694 million ounces, with 465 million earmarked for silver certificates, leaving 229 million available for sale. experts discuss freeing reserves or allowing higher prices to loosen hoarded stocks in Asia and elsewhere.
MENTIONED IN THIS ARTICLE
Sam Dawson
New York
U.S
Treasury
U.S. Treasury
United States
The
Asia