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<p>[QUOTE=&quot;desertgem, post: 1317337, member: 15199&quot;]<p style="text-align: left"><span style="color: #000000"></span></p> <p style="text-align: left"><span style="color: #000000"><br /></span></p> <p style="text-align: left"><span style="color: #000000">The problem here is that you can&#039;t just buy a short and hold for delivery&nbsp; UNLESS the contract was already marked for delivery which had to be paid at full price rather than at a marginable price or if the contract was still months ahead and you paid the difference when called for by the exchange . And once you shelled out full price for a CME delivery contract, your gain/loss would be determined by the movement of the commodity silver or gold itself.</span></p> <p style="text-align: left"><span style="color: #000000"><br /></span></p> <p style="text-align: left"><span style="color: #000000">But yes, many still think that they can buy a cash based instrument and ask for delivery whether SLV, GLD, a CME contract, etc. anytime they wish and with out coming up with the full cash price. I think that was part of MF Global&nbsp; where they had paper contracts and wanted to make them delivery, and they were missing the cash to do so in time, and the paper contracts went to expiration. Not sure, just conjecture from past practices </span></p> <p style="text-align: left"><span style="color: #000000"><br /></span></p> <p style="text-align: left"><span style="color: #000000">Jim</span></p> <p style="text-align: left"><span style="color: #000000"><br /></span></p><p>[/QUOTE]</p><p><br /></p>

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