Got Gold Report – Market Mayhem Continues, Silver Crushed, but not for long!
By Gene Arensberg
12 Oct 2008 at 02:17 PM GMT-04:00
Panic flight to cash, margin calls and irrational fear knocks gold and especially silver lower on the paper-contract dominated spot cash markets while the real physical bullion markets get even tighter.
The divergence between pricing in the paper futures market and the physical bullion market reaches extreme levels for silver as the gold:silver ratio goes over 80:1.
Full must read article here: http://www.resourceinvestor.com/pebble.asp?relid=46957
