Loading ...One other area to look at is the fact that the Shanghai metals exchange will be fully live by October. Quite interesting however is the status of their silver inventory. This has now dropped to a tiny 103 tons, down from 1,143 in Jan. 2013, just 19 months ago. How will this exchange settle without inventory? Will the Chinese replenish the inventory from the supposed COMEX stocks? Will the COMEX stocks even make through the September delivery period as more contracts are still outstanding than there is silver for delivery? I assure you, if any exchange anywhere in the world is found not able to deliver, a scramble for metal will ensue where not even the strongest “leg” in the world will be able to kick the can further!
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