The tremendous plunge in the paper market contracts for silver has been the reverse in the physical markets, as they are going in opposite directions.
There's been a lot of chatter lately that there are physical coin shortages; especially silver coin.
While the rumors may be true, it's probably in the silver coin market, not with LBMA bars, which, according to Goldmoney.com founder and Chairman James Turk, "will always be available."
Last spot rates for silver were $16.86 an ounce, close to the low of $16.752.
There's been a lot of chatter lately that there are physical coin shortages; especially silver coin.
While the rumors may be true, it's probably in the silver coin market, not with LBMA bars, which, according to Goldmoney.com founder and Chairman James Turk, "will always be available."
Last spot rates for silver were $16.86 an ounce, close to the low of $16.752.
![[Most Recent Quotes from www.kitco.com]](http://www.kitconet.com/charts/metals/silver/t24_ag_en_usoz_2.gif)
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