silver is going going gone

KWN reports today in two seperate releases that 100 ounce silver bars are now sold out at the Perth Mint and Scotia no longer has any available;

http://kingworldnews.com/kingworldnews/KWN_DailyWeb/Entries/2011/2/10_Perth_Mint_Out_of_100_Ounce_Silver_Bars_for_at_least_6_Weeks.html

In a related article James Turk reported to them that silver is now in backwardation untill 2015. That is buyers are willing to pay a higher price for silver now than right out four years hence;
http://kingworldnews.com/kingworldnews/KWN_DailyWeb/Entries/2011/2/10_Turk_-_Silver_Backwardation_for_Years,_Possible_Hyperinflation.html

Whether or not the sellers are willing to let it go for 30, 40 or $50 an ounce will determine the gravity of the situation over the next two weeks. As he observes there could be collateral damage over at COMEX!