by Craig Hemke, Sprott Money:

An interesting dichotomy has developed in the “silver market”. What does it mean? Does it mean anything at all? We’ll know soon enough, I guess.

What an interesting year this has been, and the last six months have been positively brutal. While we await the eventual central bank pivot back toward easing and QE, COMEX digital gold and silver have been whacked, cracked, and shellacked. But as we’ve seen multiple times in the past, this has led to a widening gap between the futures price and the physical price.