Message:

<p>[QUOTE=&quot;desertgem, post: 1179471, member: 15199&quot;]This is true, the only part you left out is that a significant period before the delivery date, you will be asked to deposit into your account enough funds to cover the <b>complete price </b>of the silver ( any margin would be eliminated). At that time you can decide to cash in your margined contract or trade it so you need not do that. The extra time allows the CME to insure that there will be physical silver available on the delivery date, certain fees will be charged. Even them some companies may find that their need for silver has decreased, and may sell their contract before the delivery date. You can&#039;t change your mind <b>after not delivering the full cash value by the CME assigned date</b>, and change a&nbsp; then margined contract ( only good for cash delivery ) to a full contract ( delivery of metal).</p><p><br /></p><p>&nbsp;I would love to see a confirmed event of the CME not delivering a physical contract after all rules and dates were followed, as I don&#039;t believe they have occurred.</p><p><br /></p><p><br /></p><p><br /></p><p><br /></p><p>Similar to the above, it you are selling contract, at a certain date you will be obliged to either seal the silver for delivery, or sell or trade the contract away to cancel the delivery. You may have to pay a premium or may receive a premium from someone to accept your contract.</p><p><br /></p><p>The CME doesn&#039;t wait until expiration date to &quot;hope&quot; thing work out even.&nbsp; As I understand the CME future rules.</p><p><br /></p><p>Jim[/QUOTE]</p><p><br /></p>

Your name or email address:

Do you already have an account?

• No, create an account now.
• Yes, my password is:
• Forgot your password?

Stay logged in