COMEX Deliverable Silver far less than imagined as 50% of ‘Eligible’ is not Available

Specifically, that correspondence (which was a certifying a doubling in ‘position limits’ on gold futures trading from 3000 contracts to 6000 contracts) contained the bombshell admission that 50% of the ‘Eligible’ gold in the COMEX-approved vaults in New York should be subtracted from ‘Deliverable Supply’ since that portion of gold in the ‘Eligible’ category is held by long-term investors and has nothing to do with COMEX gold futures trading.

COMEX Deliverable Silver far less than imagined as 50% of ‘Eligible’ is not Available