Sprott frustrated with hostage-taking paper silver market

[jeff of pa]

when silver hit $49.50 between the various paper markets, there was something like one billion ounces of paper silver sold that day - and purchased of course. But, we only produce about 900 million ounces a year... what do you think of the guys who were selling a billion ounces of silver who didn't have a hope in hell of providing it?"

http://www.mineweb.com/mineweb/view/mineweb/en/page32?oid=141088&sn=Detail&pid=110649

 

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