The pressure on the LBMA and the COMEX has not let up, and with premiums for physical silver remaining elevated, you start to wonder if at some point there will be pressure on the COMEX physical delivery mechanism.
Fortunately, in this week's Gold and Silver Market Update with Dave Kranzler of Investment Research Dynamics, we discussed the latest developments on the exchanges, whether there will be an issue meeting deliveries, and if the COMEX system has already begun to fail.
Dave Kranzler spent many years working in various Wall Street jobs. After business school, he primarily traded junk bonds for a large bank. Dave graduated from Oberlin College with majors in Economics and English and he also has an MBA from the University of Chicago, with a concentration in accounting and finance. Currently, he co-manages a precious metals and mining stock investment fund in Denver. He has nearly thirty years of experience in studying, researching, analyzing and investing in the financial markets. His daily articles can be found at his site, Investment Research Dynamics.