I have been trying to ascertain what it will take to take delivery of a mini contract of silver from Comex or Nymex since there is a huge spread from paper to physical prices. I have recieved my latest communication late this afternoon and here is what I have found:

• Comex has a 2500 ounce silver mini contract(they previously had a 1000 ounce advertised - no longer avaliable)
• Comex will not answer multiple emails
• Comex will not answer repeated voice mails
• Nymex just began PM futures 9/08/08
• They consider Comex competition
• They offer a 1000 ounce silver mini - contract
• They answer the phones and emails promptly
• They are not getting many requests for delivery at present

My regular broker is very reputable and dependable and is about out of everything...

http://www.coloradogold.com/

There are some others who will take yor order if you will wait 3 or months and agree to pay a huge premium.

This issue is at the heart of some major manipulation. Many complaints have been made to CFTC and at some point this must end. A couple of questions

1. Anyone have a feel for what will be the culminating event to bring this to an end? I thought it may be delivery issues with December contracts, but based on what I heard today I am not sure there is enough demand for that.

2. Has any of you ever taken delivery of contracts of physical from Comex and if so would you do it again?

SilverNut