… might stand for delivery at the CME starting Friday … and lasting all July.
Chances are this won’t happen as much of the open interest is undoubtedly speculators … but even 90 million ounces would be a new record and put quite a whole in their supply.
Uncle Jed would say … ‘well doggies’ … ‘the bankers are going to end up with the seat of their britches on fire’
Chuckle
