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<p>[QUOTE=&quot;desertgem, post: 1514216, member: 15199&quot;]Well, I guess I continue the trend <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie1" alt=":)" unselectable="on" unselectable="on" /></p><p><br /></p><p>Comex is an&nbsp; commodity exchange, they will not hold silver for delivery, unless someone holds contract for the delivery to the buyer, and then the silver is provided to the Comex by the seller, If the contracts are enacted, the silver just passes through the Comex.</p><p><br /></p><p>Why are these silver inventory low? Because few are participating. PM are a hot item here on CT, but not as much in the real world. Why would this predict a change...Because it is the way of commodities and other financial instruments. Eventually a point will be reached when big buyers say, The possible reward is worth more than the possible risk, and the curve can change direction. How long, how much ? no one knows as unforeseen external events can affect drastically what I consider the big 3 factors.. (3). Supply/demand, (2)Fear , and (1)Greed. </p><p><br /></p><p>In the same article, they point to the increased buying of gold by some central banks. If you go to the original article by the Gold Council, you will find that this occurred in the same quarter that gold saw a decline of 7% buying worldwide ( India and middle east was primary) The purchase by the central banks did not move the - 7% by much. </p><p><br /></p><p>Did the King article above mention this decline of 7%???</p><p><br /></p><p>Be wary my friends.</p><p><br /></p><p>IMO, Jim[/QUOTE]</p><p><br /></p>

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