220 million ounces of silver stand for delivery in May

[Large Sarge]

'There is tremendous open interest in silver open for May delivery -- 44,114 contracts as of tonight -- which begins in just six more trading days. That's 220 million ounces of potential physical demand on May 1. The rollover rate out of the May contract has been between 2,000 and 4,000 contracts a day. That will have to accelerate or we will be hearing of the COMEX settling May silver contracts in cash as the exchange only has 165 million ounces in inventory.'

http://seekingalpha.com/article/1362291-the-end-of-fractional-reserve-gold-is-nigh

[Spectrism]

Settling in cash is a cheap escape for this criminals. Imagine buying a contract for silver delivery and you paid $28 per ounce.... and now they want to cash you out at $23.

[Large Sarge]

Settling in cash is a cheap escape for this criminals. Imagine buying a contract for silver delivery and you paid $28 per ounce.... and now they want to cash you out at $23.

junk silver is selling at $30 plus on APMEX

the premiums and spreads are getting to wide, you get the arbitrage effect, where someone can make more money taking delivery, than taking cash...

[Large Sarge]

the first crack in the dam,

U.S. mint suspends sales on gold 1/10 ounce (no more inventory) due to overwhelming demand

http://www.zerohedge.com/news/2013-04-23/us-mint-halts-sales-runs-out-inventory-one-tenth-ounce-gold-coins-due-strong-demand

[Spectrism]

This is how they will take people by surprise. If you have not been prepping for the long haul, you are making a fatal error. It will come upon you like a thief in the night- sudden destruction.

Let's all attend to our affairs.

[Ponce]

Hummmmmmmmmm, I need a bigger safe.

V

[Serpo]

http://silverdoctors.com/are-jpms-alleged-silver-shorts-already-in-the-money/