I think it is so that those that insist on delivery rather than take the premium over spot will be offered favourable storage rates.....for their non-existent silver.
It is a shell game.
Nick
Thanks. Ithink we both agree that there is enough independent evidence to suggest the physical price is about to explode.
I'm a bit nervous about the whole system imploding though....
Or is the Comex now trying to lease silver to avoid default?.... hence the rise?
Is what we've been waiting for staring us
in the face but we don't recognise it?
Shortages..Comex empty..Record purchases from US mint..BV waiting for silver..lease rate exploding..
Nick
(All in)