Rick Rule - Upside Blowout in Gold, Destabilization in Silver

``When asked about silver specifically Rule stated, “The situation in silver seems to be a shortage in the March delivery. There is more silver called for delivery than there is silver to deliver. This has created backwardation in silver and this is an extremely unusual situation in this market. This occurs when there is scarcity of silver. Anecdotally, my sources tell me that demand for physical silver is outstripping demand for gold on dollar for dollar basis in European and North American markets... I don’t know how you solve a structural failure to deliver. I don’t know if regulators or exchange officials would allow a force majeure until markets could stabilize. What I do know is that set of circumstances would further destabilize the silver market and markedly increase speculative interest.”''