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Gold/Mining/Energy : Silver prices -- Ignore unavailable to you. Want to Upgrade?


To: Gary H who wrote (4955)4/25/2002 11:57:19 AM
From: Canuck Dave  Read Replies (2) | Respond to of 8010
 
I checked the Comex futures last night.

As Ted Butler says, the open interest between the two nearby months (I think it was May and July) is about 60,000 contracts combined. That's 300 million ounces of silver.

That means someone is short a whole lot of product, and it's not the producers.

CD