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How much silver is really out there? #silver

TSI editor’s note: In a recent episode of Wall Street for Main Street, Jason Burack interviewed Chris Marcus from Arcadia Economics, and the two discussed a number of topics, including JP Morgan, the role of the CFTC, the increasingly longer wait times for delivery of physical silver from the COMEX, and most interestingly, how much silver is really out there. In other words, some investment vehicles, like silver futures and perhaps others, track the spot price, but may not necessarily have one for one physical backing. Mr. Marcus then speculated from the knowledge of many of the experts he’s spoken to, that there may be a lot more “silver,” than there is silver.

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