Wednesday, June 4, 2014

ETF Securities enters race to provide silver price benchmark

Now we need to able to prove that the silver that is held is not sold short(sic) or leased or not there.  Perhaps the only real price would be from the physical market not this electronic doldrums.
One of the biggest providers of exchange traded funds has entered the race to develop a new global silver price benchmark when the 117-year-old London silver fix is disbanded in August.

http://www.ft.com/intl/cms/s/0/e8fdeabc-ebe6-11e3-8cef-00144feabdc0.html?siteedition=intl#axzz33iUAkrL7