JB Peebles writes
I've been reading that Comex silver supplies are less than the total amount of Comex contracts outstanding. If Comex can't fill orders with actual silver, then the value of the silver on the open market could be higher, at least for those who actually own it and can physically offer it for sale.
"Comex silver supplies are less than the total amount of Comex contracts outstanding." This is a version of the perennial problem. There is more debt than money to pay it off. There is more money in savings than the Fed has issued. And there is more gold on paper than actual gold. 100 times more.
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