Collapse Of The Paper Gold & Silver Market May Be Close At Hand

By Steve St. Angelo @ sprottmoney.com

  • “There is something seriously wrong taking place in the markets today. This is also true in the paper gold and silver markets as well. For a paper precious metals futures market to function properly, there has to be ample supplies of physical metal. However, the ongoing trend of falling precious metal inventories points to big trouble in the paper gold and silver markets”
  • “The drain of Registered Silver inventories began in earnest. Now the number of owners per ounce of Registered (Deliverable) is heading towards the 30 figure. ..  it has never been this high in more than ten years”

http://www.zerohedge.com/news/2016-02-17/collapse-paper-gold-silver-market-may-be-close-hand

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