Silver 'robbed of its lustre'

Silver ETFs, more recent introductions into the paper world, are also an important conduits for redirecting demand from physical to paper.

"These companies continually use the futures markets to create price distortions in the market. At the moment, there is a huge [disparity] between the price and the real market situation," says Levenstein.

The only way to bring the supply and demand into balance is going to be higher prices.

Source: timeslive.co.za