by Steve St. Angelo, SRS Rocco Report:
As the situation in the global financial system deteriorates, large U.S. buyers continue to stockpile silver. How do I know this? Well, according to the most recently released USGS data, U.S. silver imports surged even higher in April. How much? Let’s look at the chart below:
As we can see, U.S. silver imports surged to 531 metric tons (mt) in April, up from 459 mt in March. Total U.S. silver imports in the first four months of the year are up a stunning 505 metric tons (2,035 mt) compared to the same period last year (1,530 mt).
As I mentioned in my previous article, Why Is The U.S. Importing So Much Silver?:
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