Rafi Farber: Unprecedented Movement in Comex Silver Vaults This Week

The bad news is that the silver price is getting walloped. The good news is that so are the Comex physical silver stocks. One vault in particular – Malca Amit – put its entire stock of over 3 million ounces up for sale against futures in a single day. Expecting big deliveries perhaps?

Just after Rafi finished recording this, another 3 million ounces were loaded out of six different vaults. As frustrating as a low silver price is, the stackers aren’t the only ones feeling the pain. Comex Silver is as well.

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