'Never Seen Anything Like It': Amid Historic Squeeze, Silver Traders Rush Bars To London; Goldman Still Favors Gold

“I have seen nothing like it ever. What we are seeing in silver is entirely unprecedented,” said Anant Jatia, chief investment officer at Greenland Investment Management, a commodities hedge fund. 

“There is no liquidity available currently.”

That sentiment is echoing around the world (as we detailed earlier about India funds halting Silver ETF investments) with Bloomberg reporting the squeeze has become so dramatic that some traders have rushed to book slots in the cargo holds of transatlantic flights for bulky silver bars — an expensive mode of transport typically reserved for more valuable gold — to profit off the massive premiums in London.