Bill:
I just used Cafe Member JB Slear, Fort Wealth Trading (866-443-0868 ext. 104) to buy two large January silver contracts on the COMEX and I am taking delivery.
Interestingly he says that "there is smoke coming out of the COMEX warehouses" they are having such a hard time coming up with deliveries. He says that he has many customers who they are trying to talk out of taking deliveries. He also says they are making it hard to reach them, and hard to arrange pick ups. For example, they blame Brinks and Dunbar for missing pick ups, which they did not miss. These matters are not an issue for me because I am going to drive to New York and take delivery personally.
So, I don't know if it is this month, and I do not know for sure that it is going to happen. But it strikes me that these these bastards are going to blow up. I am sure that the Cafe members and Jim Sinclair's followers who have taken delivery have played a role in this. Everyone should make their own decisions, but Silver at these levels strikes me as a "no brainer" based on its ratio to gold and the tightness of the physical market.
I encourage any Cafe members with the means to do so to take physical delivery. It will be a beautiful day when the metals trade freely.
Best,
Larry