Thanks Blue. John Embry is always worthwhile read. It looks as though there will be delivery problems for the December gold contract. A force majuere had to be called from one depository. Of course, hurricane Sandy was to blame. (Eye-roll). There is very little eligible silver for deliver in NY as well. Silver producers will benefit.
A much higher silver price is in the cards. Undoubtedly UC will trade a multiples of the current level. Ivana