hugh hendry on gold, page-13

it won't default now, but you can't ignore these numbers:

Gold: 47.0% depleted. Delivery notices today: 11,900 oz.
Silver: 45.7% depleted. Delivery notices today: 420,000 oz.

so nearly 50% of available warehouse stocks were requested to be delivered this month alone. actual deliver not paid out. if we get the same volume in feb, what happens then ? gold runs out of the official warehouse stock ?