From Gold Switzerland
''Every day 5,000 tons of silver and 650 tons of gold are traded in the
paper market. This is an astonishing 25% of annual production of each
metal that is traded daily. Currently there is clearly intervention to
hold down the price of gold and silver at every important level. Like
all interventions, this one will fail too. The paper market is massively
short and would be incapable of delivering even a small fraction of
physical gold or silver against their commitments.''
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