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!
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KWN reports today in two seperate releases that 100 ounce silver...
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