>>60964830
>So what even happens when demand for physical silver increases
They will tamp and slam with paper silver until the COMEX/LBMA runs dry on available good delivery bars.

When that happens, COMEX/LBMA will declare a force majeure and do a cash settlement for the shorts, forcing buyers to source bars from the retail market, bifurcating the real physical market from the paper spot price.

Expect the price to jump $10-20/oz and the Shanghai Gold Exchange to set the real spot price for physical. The Jews in NY and London will have literally out-Jewed themselves.