Silver’s Compelling Investment Case (Ainslie), page-103

When the COMEX becomes a delivery mechanism rather than a hedge, the world will see just how good an investment Silver is.

So Macquarie Bank taking delivery of 1,156 contracts at 5,000 ounces each already in July (as compared to 76 in the pre-ceeding six months) is very significant. That is a total of 5,780,000 ounces already for July - that is 164 Metric Tonnes. More than 8 fully loaded 53' semi trailers. Let that sink in. V