Today's Commitments of Traders Report show that 4 commercial hedgers hold 67% of oepn interest (if we take out the spreads).March 2009 Bank Participation in the Silver Futures Markets Report show that 2 US banks hold 45% of oepn interest (if we take out the speards)
Silver to become a rare earth metal , it is Extremely undervalued. Silver to become extinct by year 2020 according to geologists only 300 millions ounces left! Silver is consumable industry metal it is used up : 95% gold ever found is still around 75% of silver is a by-product of mining other metal only 25% is primary product of mining,In 1480 the price of one ounce of Silver was equal to one ounce of Gold, Low supply, high demand Price to skyrocket get your silver and stay long!
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