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<p>[QUOTE=&quot;fatima, post: 1473177, member: 22143&quot;]People speak perfectly clear all the time, but this isn&#039;t an indication they are correct.&nbsp; Personal anecdotes and insults don&#039;t prove much either.&nbsp; </p><p><br /></p><p>You originally stated that 1% or less of the futures contracts for corn are delivered which is what started this discussion. Clearly this is wrong.&nbsp; The only reason that I think that someone might make such a statement is to somehow equate gold and silver to corn and pork bellies.&nbsp;&nbsp; <u>They are not the same.</u>&nbsp; The reasoning has been posted by me and others above which you have decided to ignore. </p><p><br /></p><p>In regards to offsetting a contract, do you understand what this means?&nbsp;&nbsp; It means you purchase exactly opposite of your current position back to the exchange. It terminates your position with the exchange but it doesn&#039;t change the total number of futures contracts.&nbsp;&nbsp; The total number of contracts stays the same and in the case of real commodities, are go to 100% delivery.&nbsp;&nbsp; i recommend that you study up on the matter.[/QUOTE]</p><p><br /></p>

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