In a post I saw mention of selling "paper silver that is only...

In a post I saw mention of selling "paper silver that is only (in some cases) backed with 50% or so physical silver."

That is not quite correct.

Try naked shorting of silver. Selling what you do not have and cannot deliver. It's not possible for the shorters of paper silver to deliver what they shorted. Try millions and millions and millions and millions of ounces of paper silver being shorted and backed by 1% physical silver.

We are on the verge of a massive price appreciation in silver that will make the current price look low imo - (up over a US dollar to over US$47.60 at time of posting.) See my post in SILVER - "Silver is no bubble."

As AYN investors we are in the fortunate position of having got into an emerging silver producer nice and early.
Like silver, I expect AYN to reach prices that might seem crazy at this point in time.