not really @squarepants
its not just the no of contracts per se - unless 100% of them settle - which they never do
the no. of implied contacts definitely is important
a billion oz implied for sale at x price is much more downward price pressure than 100m
whilever contracts on issue represent multiples of actual metal though then there price will tend to reflect non real world price motives
not really @squarepantsits not just the no of contracts per se -...
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