the ceo of swiss asia capital was interviewed on cnbc, and described the two-tier market for precious metals. the paper market of the comex and lme, where the wall street banks are gambling, and the physical market which is on fire, with jewelry shops out of gold. he predicts a default in the paper market, to be followed by massive increases in the price of metals. specifically, he said the price of gold could double very quickly when the paper markets break down.

since silver is a much smaller market, heaven only knows what the price of silver would do in those circumstances. you can watch the interview here:

http://www.cnbc.com//id/15840232?vid...