SILVER 0.30% $15.25 silver futures

The source stated, “The price of silver has no reality to the...

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    The source stated, “The price of silver has no reality to the paper market at all, absolutely zero reality there anymore"

    There is extraordinarily tight supply right now in Asia. When you order silver there is so little available at these prices, that’s the trouble. You can order it all day long, but you are going to have to wait for it.”

    http://kingworldnews.com/kingworldnews/KWN_DailyWeb/Entries/2011/10/21_London_Trader_-_Sovereign_Silver_Buying,_Middle-East_Shortages.html



    My Comment:
    This is why there are acute shortages of silver worldwide, the paper market is not reflective of what is actually happening in the physical market.

    People such as John Nadler and some posters here on hotcopper calling for $12-15 silver are living in a paper fantasy world, this paper pricing mechanism is getting close to blowing up in their faces soon real soon imo!


 
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