volumes trippling on july futures, page-11

hey guys

i am not sure whats going on here..
very new to this.. and young

currently looking at a volume 0f 120,000 silver futures for July
are these real values (as in settled) or estimates/interest??

surely the CME wouldnt be agreeing to so many futures.
this equates to almost 600 Moz.. the world only produced 735.9 Moz last year.. impossible to deliver!!

cheers