these are essays by ted butler and izzy friedman about the shortage of physical silver, which is many times worse than the shortage of gold. friedman's idea is to have the silver producers withhold their production to break the back of the comex, and end the manipulation at once. that's a nice idea: if the producers could actually do it, it wouldn't take long to force a default on the comex. but the junior producers couldn't stay in business for long, and even larger producers like pan american wouldn't get involved.

for that matter, silver standard won't stockpile its silver production waiting for a higher price, either. i have asked the company about this, but they said they will need the cash flow from pirquitas to fund the capex for san luis and pitarrilla. so even sso will end up selling its production at the spot price on the day it arrives at the smelter.

i only hope they ship the silver concentrate to the smelter on the oldest, slowest donkey they can find.

http://news.silverseek.com/TedButler...