"Regarding the 100 to 1 claim you were disputing, that wasn't my claim, that was Jeff C's claim."
It wasn't his claim either, it was your interpretation of what he said. And that's the problem with these conspiracy types like GATA, they are known for taking a single line out of context in order to further their case.
What happens when the squeeze comes for physical?
A COMEX Silver contract is 5000oz. If Silver was $100 an ounce that's half a million dollars to stump up for delivery, not something average Joe will be doing en masse.
I think any run on the COMEX will be minimal as the futures market is largely made up of investors and speculators who are interested in turning over the metal for $ profit.
I do think we will see a physical run, but it's more likely to be restricted to retail sized bars and coins, which will result in Mint rationing and higher premiums.
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