Comex Update: At This Rate The Silver Metal Will Be Gone In Months

Oct. 22, 2022 4:10 AM ETDBP, JJP, GLTR, JJPFF, GLD, IAU, DGL, BAR, SGOL, OUNZ, GLDI, IAUF, GLDM, AAAU, BGLD, IGLD, GBUG, IAUM, PBUG, PHYS, SLV, DBS, SIVR, SLVO, SBUG, PSLV23 Comments
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SchiffGold
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Summary

  • October gold saw very strong delivery for a contract that is neither major nor minor (10x bigger than minor but 1/10th the size of major).
  • Total contracts delivered so far (22,450) is 20% larger than last October and still has about 800 contacts remaining in Open Interest.
  • While gold deliveries continue to show strength with records still being set (i.e., September), silver delivery volume has fallen off a cliff. Delivery volume is on pace to be the smallest since Feb 2020.

Rows of golden and silver bars

Ravitaliy

By SchiffGold

Let’s say you were a country or a group of very wealthy individuals and Covid hits. You see governments around the world print money like crazy. It makes you think there might be some inflation to deal with

Gold historical deliveries for major months

Gold 24-month delivery and first notice

Gold Cumulative Net New Contracts

Gold Notional Deliveries

Gold House Account Activity

Gold Recent Monthly Stock Change

Gold Open Interest Countdown

Gold Historical Deliveries

Gold Futures Spreads

Gold Spot vs. Futures

Silver Recent like-month delivery volume

Silver Cumulative Net New Contracts

Silver House Account Activity

Silver Notional Deliveries

Silver Recent Monthly Stock Change

Silver Open Interest Countdown

Silver Spot vs. Futures

Silver Annual Deliveries

This article was written by

SchiffGold profile picture
3.12K Followers
SchiffGold is a full-service, discount precious metals dealer specializing in investment-grade gold and silver bullion. We offer a range of related services, from vault storage partners to physical gold IRAs. Renowned investor Peter Schiff founded SchiffGold in 2010 to provide a trustworthy source of bullion for his brokerage clients. Peter has always advised long-term investment in physical precious metals as an inflation-proof store of value. Unfortunately, he found far too many gold buyers were getting swindled by big companies pushing numismatics at high markups. SchiffGold is his answer — an honest gold dealer that sells only the most liquid bullion products in the world at the lowest possible prices.

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