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Dave Kranzler: March silver contract deliveries could get interesting
By Dave Kranzler
Mining Stock Journal
Thursday, Febraruy 27, 2025
Right now there's 109 million ounces worth of Comex March silver contracts standing for delivery. This is 90% of the registered inventory of silver in the vaults and 27% of the total amount of silver in Comex vaults.
Those are big numbers. But it's irrelevant if the entities taking delivery do not remove their silver from Comex vaults.
... Dispatch continues below ...
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Possession is 10 10ths of the law when it comes to physical gold and silver ownership. Until the metal is removed from the Comex banks' possession, it can be subjected to swaps, leases, and rehypothecation activities.
Rehypothecation is when the bank in possession of your gold or silver bars uses those bars as collateral for its own borrowing activities. JP Morgan was caught rehypothecating silver bars when MF Global blew up. ...
... For the remainder of the analysis:
https://miningstockjournal.substack.com/p/march-silver-contract-deliveries
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Apollo Silver Corp.
Barksdale Resources
Dolly Varden Silver Corp.
Dryden Gold Corp.
Group Eleven Resources
Guanajuato Silver
IBK Capital Corp.
Independent Trading Group
Mining Discovery
Power Nickel
Silver North
Strike Point Gold
The National Investor
The Prospector
Western Alaska Minerals
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