Extraordinary Stress in the Silver Markethttps://goldmoney.com/en/commentary/2009-03-15.html
GoldMoney Alert - 15 March 2009
Extraordinary Stress in the Silver Market
More importantly, silver is in backwardation in London, one of the major markets for trading physical silver. I first drew attention to this phenomenon in my
alert on February 15, 2009, noting therein that
"silver has been in backwardation since January 21st". Unbelievably, silver is still in backwardation - an incredible and to my knowledge, unprecedented 38 trading days in a row!