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To: Errant

I’m not certain, but I believe it’s a day or two. At contract expiry, you state whether you intend to stand or not, and if you do, you’d better deposit in full before the deliveries start, which is a few days later.

(Assuming deliveries are going to happen ... three days in a row this month there have been zero deliveries of silver to the standing longs ... makes you go “Hmmmm...”)


139 posted on 03/06/2011 9:49:59 PM PST by coloradan (The US has become a banana republic, except without the bananas - or the republic.)
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To: coloradan
makes you go “Hmmmm...”

Exactly right! Especially when everyone seems to want physical!!

141 posted on 03/06/2011 9:55:23 PM PST by Errant
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