Physical Demand For Gold And Silver Continues To Confound Bubble Believers

``... this brings us back to the TV commercials – they are there to capture every amount of physical gold (and silver) possible because there is such a shortage. The supply/demand equation is in favor of rising prices. The only mechanism by which these prices can be suppressed is by the continued creation of short positions in the derivatives markets – which is nothing more than conjuring gold from thin air. But conjuring has huge limitations when you are massively short an asset that continues to rise in price. Metals dealers need grandma’s old gold rings and your little-used gold watch just to maintain deliverable stock.''