re: o'neill does it again! 17c coming soon!!! Already 25 million Oz's called up for delivery this month and still nearly 20 million Oz's worth of contracts still open. Thats about half the available silvewr in the COMEX warehouse, and if you believe the rumours there's a further 45 odd million Oz's in there thats actually allocated.
So there it is all the silver gone this month, and the Chinese are net buyers as well now.
Whose going to cover the deficit from here?
Only one way for the price of silver to go, expect some big upside and all pointers are to it happening very soon IMO.
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