Verified

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2 responses to “Verified”

  1. IF all of those 91K contracts were settled by DELIVERY, then, yes, 450m ounces is correct.
    How many of those contracts will be settled in cash for the purpose of trading?
    A more useful statistic is “delivery notices issued”, but I’m just picking nits/aiming for accuracy.

  2. I think most will be standing for delivery with everyone trying to elbow their way to the front of the line. I’m sure there will be pressure to keep the scam going. The question is what will be more lucrative, keeping the COMEX silver market in business or getting a share of a shrinking pile before there is none left and the price really takes off.

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