You are darn right, it's hard to be believe that the silver selling is physical. There's a big cover-up hiding the shortage of silver.

Ted Butler said some years back that the above the ground supplies of silver are at a 250 year low. There is in the excess of 5 times more gold above the ground than there is silver. I can easily imagine that the people in India are massive buyers at these levels along with the whole Arab world. Is physical silver really available at these levels?

What do you think is on the mind of Bunker Hunt today? Do you suspect that he has revenge in his thoughts concerning the COMEX and the CFTC? Circimstances could develop where trading silver in the US would stop if COMEX gets hung out to dry with a big buyer demanding delivery. What do you think is on China's mind concerning silver with all the dollars that they want to get out of at these levels?

Just look at all the pent up demand from the public for silver in small to medium sized lots. The minimum is probably in the neighborhood of at least 50 million ounces in the US alone. In the US's 50 states, one million ounces of demand from the public from each state is nothing and more likely, much higher. Combine this with reports of silver shortages around the world and we're dealing with hundreds of millions of ounces of silver not being able to get filled in the small to medium wanted sized lots.

Someone dreamed up the idea to take our freedom to hold silver away from us by clogging up the delivery channels and calling it a manufacturing problem. Are we that stupid?

I think the cat is out of the bag when the bankers in the US start helping out the cornered shorts in selling more and more paper at the paper exchange in NY. The time is right for the biggest squeeze of all squeezes to take place. I would guess that if bullion coins and 100 ounce bars were made available at reasonably higher prices that the world of public buyers could easily take 300 million ounces. With about 600 million ounces of silver mined each year, what do you think this would do to the real price of silver?