SILVER 0.30% $15.25 silver futures

Day SIX in the March Comex month and a notification of a further...

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    Day SIX in the March Comex month and a notification of a further 431 contracts for delivery
    This represents 2.16
    million oz.

    So cumulatively now, notification of 8,927 contracts for delivery representing
    44.6 million oz outflow from Comex this month

    Open Interest in March stands at 2179 contracts (~11 million oz)
    Still a few more million ounces to be
    "squeezed" out in the days ahead

    This could be a very long (and possibly expensive) month for those institutions short silver

    https://hotcopper.com.au/data/attachments/2974/2974411-b1a99fbc3fb124a3aec2c37c45541177.jpg
 
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