The Paper Silver Situation in Better Perspective

Lets put the ‘paper’ silver situation into some more perspective.  It would take 90 days of total world production to cover the shorts held by the 4 largest traders, 115 for the 8 largest.  An incredible concentration in ‘paper’ futures when the widely reported shortages in physical supply still prevail. No wonder there are reports of 40% premiums for American Silver Eagles (if you can get them).