Listen to me folks. Read carefully, here is what is going on
Think of this situation.
The miners may seem to have limitations vis a vi the ETF's right now. I can live with that. But what entities have the metal? The miners have the metal either in hand or in the ground.
Let's say the COMEX does crash. Miners can actually become the only entities outside of the scrapers and possibly governments that can deliver. There is nothing that says the miners can not begin to hoard metal and distribute it to employees and share holders. They can also sell it directly to industrial end users through refining agreements.
I am sure that the mining executives are not all clueless idiots. They see the game that is currently going on. I am sure they are talking all this out. Does anyone think they are going to allow themselves to be screwed out of their hard earned product? There is nothing stopping SLW from stock piling their silver and gold.
This topic need to be discussed more. Other thought are welcome.
This is a good thread and asks a lot of very important questions.