Silver Wars: London Fades Away. [Absolute Must See.]

Tyler Durden . . . . . . . . . Article

Silver prices in London now trade above futures prices in both Shanghai and New York.The gap signals a shortage of deliverable metal in the West’s key hub. Both China and the United States have metal available, yet neither has chosen to sell into London’s premium.

“There is demand for London metal, and there is little supply to provide for it.”

The imbalance has become a visible measure of how unevenly global inventories are distributed.