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To: TigersEye
I am going to back track a bit. The true price of silver in the form of deliverable COMEX approved silver 5,000 oz bars is $84. There is a real shortage of them

But I'm sure you can buy still buy physical silver 100 oz and 10 oz and other physical forms for 5-10% above the spot silver price. APMEX prices will show this.

The Sprott physical silver trust in Canada is charging a 20% premium to buy in. Meaning the silver ounces you buy there that they store for you cost you 20% above silver spot of $46. This also reflects a shortage of physical silver

13 posted on 04/24/2011 4:49:52 AM PDT by dennisw (nzt - "works better if you're already smart")
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To: dennisw

Something developing similar to the derivatives scam in real estate a few years ago, with many post-default investors holding worthless paper, perhaps?


63 posted on 04/24/2011 3:34:39 PM PDT by familyop ("Wanna cigarette? You're never too young to start." --Deacon, "Waterworld")
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