The CME futures exchange just introduced a new silver contract. This mini Silver contract is 100 oz. The standard contract is 5,000 oz. Here is the catch. The 100 oz contract is “settled financially”. Meaning there is no vault with 100 oz silver bars. It is all fake pricing. This is designed to fool the market that they have actual silver to trade. The problem with the 5,000 oz silver contract is that industrial users can take delivery at settlement and remove silver from the vaults. There are not enough of those 1,000 oz silver bars around to settle all of the 5,000 oz futures contracts that want silver. The 100 oz contract has zero silver backing it. It is all fake paper silver.(Wall Street Mav)