Greetings from Southeast Florida, land of hurricane alley, beautiful babes and skin cancer. Been away too long. Great board with great posters. Still very long ECU.

I read somewhere awhile back that with the increasing awareness of the growing shortage of silver, that some end users (as well as some speculators) are thinking twice about buying silver futures in any size because of the possibility of default by the exchange or somewhere along the line. Better to contract off the exchange where there's less likely to be a default. If so, I can't see how this would benefit the paper price of silver in the long run.

If a lot of us Joe Sixpackers here in Florida are becoming increasingly concerned about the safety of our few bucks in our dinky little banks here, I can certainly imagine what must be going through the heads of some of the big silver consumers (and speculators) regarding the safety of a bunch of future silver contracts, especially if there's little silver out there for future delivery. Perhaps that's part of the reason behind the talk of a possible two-price system - paper and physical.