Hi VHF, they can spin the argument against silver until the cows come home, yet people are loosing trust in the financial system and for good reason. The fact remains that silver is in shortage as has been so thoroughly described by many of the informed investors on this board.
I would like to ask the custodians at Barclays where they were able to find 600 tonnes of silver in only 4 weeks time to meet the voracious demand in spite of the almost 50% drop in commodity price. As far as I'm concerned the chart below speaks volumes and must be unnerving to those trying to keep the lid on silver.
