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Tuesday, 09/14/2010 3:34:16 PM

Tuesday, September 14, 2010 3:34:16 PM

Post# of 17231
Comex Buyers Start Panicking To Get Their Physical Silver -
e.g.,
In last 2 days smart buyer(s) are jumping the lines and are
requesting additional 289 contracts equaling 1,445,000 ounces
of physical silver!!!

How did we come to this number?

Simply looking at CME Delivery Notices Reports.

On Sep 8th 2010 there were 1,621 OI contracts left with 148 contracts
standing for delivery (and 218 contracts standing for
delivery on Sep 9th 2010).

In 2 days these meant 366 contracts ready to be delivered.

This would mean that on Sep 10th 2010 there should be 1,621 – 366 =
1,255 open interest (OI) contracts left but there are 1,544!

Simple calculation tels us there were additional 289 contracts added
to be delivered by the end of this month.

This is first clear sign of panic between Comex buyers to dump
their paper silver contracts for physical silver.

Next sign is Comex customers inventory where their physical silver
is stored (if there’s really silver in the amount they claim!).

In this same last 2 days (Sep 8th and Sep 9th 2010) there were
690,770 ounces of physical silver withdrawn from Comex
customers warehouse.

This means in last 2 days Comex dealers were hit with additional
1,445,000 ounces of physical silver that they have to deliver
by the end of Sep 2010 plus 690,770 ounces of physical silver
withdrawn from Comex customers warehouse.

Plus on Sep 7th 2010 Comex dealers took a lease from Comex customers
for 2.3 million ounces of physical silver.

The banks may gone with their >$500trillion nss derivative
crazy NO_NO stupidity -

Do not let the USA/USSIF out of our hands -
help to save The Silver Valley -
to fall into the wrong hands -



Welcome to USA/USSIF long term bargain safety
smile

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=54362025

God Bless

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