Silver prices are now up +13% on the day and set to post the largest daily gain since 2008.

This comes after the commodity had already risen +255% in 12 months.

Silver demand has become so strong that physical shortages are being reported across various markets.

In Shanghai, silver prices are up +$26/oz in 48 hours, to a record $134/oz.

As we have been warning for months now:

Asset owners are the ONLY winners in this economy.