IF TRUE-—
The real essence is there is a huge shortage of COMEX approved deliverable 5000 ounce silver bars so COMEX pays people off at +80% to walk away and don’t bother COMEX
Silver bar of 100oz are available much much cheaper at about 3% over spot silver http://www.apmex.com/Product/20/100_oz_Engelhard_or_Johnson_Matthey_Silver_Bar_999_Fine.aspx
“Silver bar of 100oz are available much much cheaper at about 3% over spot silver.”
True although my last buy took two weeks to get here.