Post #315 Silver Squeeze: Physical Silver Shortage vs. Paper Silver
The silver short squeeze in physical silver at present is unprecedented. Even so, the spot price of paper silver is not even close to the real physical equilibrium price of silver.
For years, BullionStar has been one of the strongest critics of the manipulated precious metals markets where paper issuance of silver (out of thin air) exceeds the physical availability of real silver at a multiple of at least 100 to 1.
With all supply of physical silver drying up at an incredible pace, it is becoming increasingly difficult for us to set prices and price premiums. BullionStar may soon have no option but to abandon setting prices based on silver spot price altogether and move to fixed prices.