Looking at the COT data and listening to Ted Butler, it is clear that the new york paper market is the dominate pricing influence in today's markets for big investment bars. Actual demand for both gold and silver is huge. Delivery of large amounts of silver is impoossible within short time frames. CEF has funded and "purchased" millions of tonnes of silver and Butler reports that it will take six months for the physical metal to be delivered.

Small investment demand has pushed the premium on coins and small bars of gold and silver. Today they are historically large even though there are less discresionary funds in the hands of the average citizen to spend on non-essentials.

It is the new york paper hangers that are supressing the price of the metals. The short position held by the new york criminals is historically high as a % of total short interest. The CFTC might not as well even exist as they are totally impotent to impose sanity on the new york metal gambling casino. The rest of the world is rushing to the metals as the last refuge in a financial world gone corrupt and insane.

The new york propaganda media and paper pushers are assuring that the US citizen will be least prepared for the inevitable devaluation of all fiat. It is all based on the greed, fear and desperation of the money and financial powers that run the US. They will do anything to maintain power ... to maintain control. And we are the victims of their corruption.

two good interviews on silver:

http://www.kingworldnews.com/kingworldnews/Broadcast_Gold+/Entries/2010/6/5_Ted_Butler_on_the_Metals_Market.html

http://www.kingworldnews.com/kingworldnews/Broadcast_Gold+/Entries/2010/6/5_Hugo_Salinas_Price.html