Free Republic
Browse · Search
News/Activism
Topics · Post Article

To: Rebelbase
The Comex racket has contracts for silver purchases that are coming due. There’s not enough physical silver inventory to meet deliveries. I think that’s it in a nutshell, someone else please elaborate...

Only about 10% of the contracts are ever traded for silver. That's it, in a nutshell.

48 posted on 03/06/2011 7:11:06 PM PST by SeeSac
[ Post Reply | Private Reply | To 7 | View Replies ]


To: SeeSac

>> “Only about 10% of the contracts are ever traded for silver. That’s it, in a nutshell.” <<

.
Not sure about the 10% figure, but basically yes, and most speculators don’t have the bread to take delivery anyway, so usually they are safe.


67 posted on 03/06/2011 7:28:20 PM PST by editor-surveyor (Going 'EGYPT' - 2012!)
[ Post Reply | Private Reply | To 48 | View Replies ]

Free Republic
Browse · Search
News/Activism
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson