Silver force majeur by Christmas?

Bill,
The December silver Comex contract MUST rise dramatically in the next 90 days or else there WILL be a Comex default. Anybody going long the December contract at $11.00, and then stand for delivery can make about $25,000 per contract based on physical silver at $16 or more.(5000 oz. contract X $5 an ounce premium for physical) That would be plenty of dough to hire a Brinks truck to haul it out of a Comex warehouse to a safer location. This is in my opinion is the straw that will break the Comex back. Even if they drove the paper contract down to $7 you could still make money, after paper losses, taking delivery of the physical. I think this is the plan of the remaining strong-hand silver longs who haven't been shaken out. Traders looking for a basis trade have a home-run. I assure you if lumber futures were a 50% discount to cash lumber the EFP's (exchange for physical) would be off the chart. That is a no-brainer trade, go long, take delivery and make a fortune selling it into the cash market. But there again no lumber mill would ever tolerate futures at a 50% discount to cash. Unlike the goofy silver industry lumber mills dictate their own price, and not sell at a phony price concocted by banksters. Anybody adequately funded could just ignore Comex margin changes and keep their eye on the prize. I am not advocating this trading strategy, I'm merely pointing out what I think others will be doing.

This bizarre basis trade won't last for long. A force majeur would reveal the suppression fraud once and for all. Today's explosion will be mild compared to the day after force majeur. Bottom line, silver futures can't stay at a 50% or more discount to physical without catastrophic consequences for the Comex, and the cartel. Judging by the unprecedented breakout today I'd say we're witnessing a full-fledged panic into the metals. ETF holders should now be getting clued in to the value of owning real metal, and not anything AIG-backed or pooled in an uninsured fund. The 2% collar in gold didn't get just get taken out, today it got obliterated.
James Mc