Comex SILVER delivery notices as of Friday 12/02/2022
2,776 contracts x 5,000 ounces = 13,880,000 ounces of Silver standing for delivery
just under 7,000 TONS
In response IKnow QUR to his Publication
431.7 metric tonnes
linux> echo 'scale=8; 2776 * 5000 * 31.1034 * 10^(-6)' | bc -l
431.71519200
31.1034 g per toz (aka troy ounce)
1 million grammes in a metric tonne
This stuff is fun but we have to get our units right. Which is why I like showing my work. Ya know, it can then be criticised constructively.
Tried to message you, not allowed.
Wanted to thank you for the help & correction.
