James Turk tells King World News:
There are shenanigans in silver’s futures price for the Comex front month. The price looks totally fictitious when compared to the spot price of physical metal, but most individual traders of Comex futures are unaware of what is happening in the spot market. The reason for this is because relatively little physical metal actually trades in New York. Consequently most futures traders are unaware of the real relationship between spot, where physical is traded, and front-month futures, which of course is the paper market.