An update on MARCH Comex 5000 oz Silver contract volumes...

An update on MARCH Comex 5000 oz Silver contract volumes ...

Still huge volumes being traded with preliminary data from last night showing 79,449 contracts = approx 400 million oz yesterday



Looking at the MARCH daily delivery notices ...
We continue to see entities opting for delivery every day, with a further 148 contracts last night = approx 750,000 oz

And an astonishing 51.6 million ounces delivered to date this month

Looking at the cumulative Open Interest Totals
From the Bullion Banks point of view these remain frustratingly constant around 160k-170k contracts

And finally looking at the next Delivery month in MAY ...

The Open Interest Totals are hovering around 125k contracts, possibly pointing to another painful month approaching for any of the banks that might be short if they can't push these contracts out to future months

Only 7 more days for delivery notifications this month !!