Yesterday, I went shopping for 10 oz. silver bars. I habitually lurk around three joints on Overland, Rose Hill, and State. Two out of three of these dealers were out of silver in virtually all large sizes. Gone.
The third one may be out as well. I just didn't get there in time to find out.
The Rose Hill guy told me that he wasn't even going to order any more silver. His premium over spot price was getting ridiculously high. I have never seen this kind of supply demand disruption with essentially no corresponding rise in price. http://www.zerohedge.com/article/silver-bullion-backwardation-suggests-supply-stress
Somebody has repealed the laws of supply and demand. Fucking banks are manipulating the paper price with enormous leverage. They are probably using Bernank's counterfeit money to do so. (permanent open market operations, 7-9 billion flooding in today alone)
How do we know it is the banks? Please read this question and answer that I snipped from the comments over at Harvey Organ's joint.