Silver's collapse.As a silver bug,the last fortnight has not been enjoyable.So,has silver demand fallen out of bed?Is the supply /demand equation out of balance.According to Jason Homemel,the silver shortage remains.He and his sources cannot find a supplier of multiple 1000 ounce silver bars.The silver is not there for delivery.
So how come silver has dropped off the high board?
The best I can come up with.
Oil went up dramatically,then down,as a result of futures trading.I assume silver has been burnt on the futures.I do know,most of the short positions on siler,were held by a small number of USA security houses.
anyone got any supportive facts to support an opinion?