Something strange

[AlexTG]

I know there is a disconnect between paper, and real, and options when it comes to silver but, this has kinda confused me.


As of RIGHT NOW 12:38 March 8th 2012 (EST) the March 12th Contracts for silver are at $35.58, up $2.04 over yesterday.

Kitco has spot price of silver at 33.72 at the same exact time.

That is a disconnect of $1.86. I have been watching the dated contract prices and they normally are slightly off from the current spot price, in a range of +/- 30c. But this seems really abnormal.

Anyone have a clue what the eff this means, or is this normal?

EDIT.

OK now the march 12 price droped down to only $0.04 up for the day, technical glitch or did someone make a huge purchase? Time stamp 12:42 March 8th 2012
The day's range is all over the place, check it out.

http://finance.yahoo.com/q?s=SIH12.CMX

EDIT 2.

ITs futures, and the ask and bid price. Still seems REALLY far apart.