Yes, the price is heavily weighed down by all the contracts the big players issue, but that only works until there is a massive demand for delivery of physical silver; like now. Then people discover how much more you have to pay to be first in line to get actual physical silver and you start to see prices shoot up; like now.
It's really disappointing that even physical metal value has been brought down by something basically equivalent to fiat currency that has no backing. JP Morgan is the one that comes to mind with their big paper silver scheme. I wonder if they're the one who nearly went under recently.
Give your enemy some credit. Their most powerful scheme is controlling our money and they knew they couldn’t do that if we could still see the real value of precious metals. They had to devalue gold and silver somehow and up until this moment it’s been working.