Posted on 10/11/2025 2:39:56 PM PDT by delta7
Thank you
there is apparently a shortage of nitric acid
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Makes sense, many sources are speaking of the refiners “ difficulty “ in manufacturing good delivery bars.
you’re saying there is an actual physical delivery of 1000 oz silver bars to contract holders at settlement?
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Yes, by regulations….to be delivered in that form for those taking delivery ( the shorting bullion banks always take cash settlement). So we can see why the panic, far to many Comex participants are demanding physical settlement, which the Comex does not have.
The western LBMA has a few times bailed them out flying Silver bars over to Comex wharehouses, and vice versa. They are scrambling to get 1,000 oz good delivery bars which is overloading the good delivery bar manufacturers.
Take away? The rotten US Comex and LBMA WILL at some time default on physical, hopefully taking some corrupted major US banks down ( like Bear Stearns)….no tears for their decades of manipulation.
“I will add, we can now expect huge PM price swings to the upside, overnight, especially during delivery days. I fully expect $20, $30 dollar daily Silver price increases. “
LOL!
About as credible as your prediction gold would hit $5,000 in 2015!
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