southerncross said:
Comex silver inventory now down 10% in just two days.....
The xls datafile shows a close-to a 2 years high, though.
http://www.cmegroup.com/delivery_reports/Silver_stocks.xls
Activity date 15 december 2011 20305
34.084.040 ounces registered.
77.895.005 ounces eligible.
111.979.045 ounces total.
...
Activity date 9 april 2012 26386
29.302.649,795 ounces registered.
110.308.238,305 ounces eligible.
139.610.888,100 ounces total.
...
Activity date 26 november 2012
33.901.116,696 ounces registered.
105.878.703,410 eligible.
139.779.820,106 ounces total.
Activity date 27 november 2012
33.901.116,696 ounces registered.
106.451.799,030 eligible.
140.352.915,726 ounces total.
Activity date 28 november 2012
34.219.992,546 ounces registered.
107.163.428,980 eligible.
141.383.421,526 ounces total.
Activity date 29 november 2012
36.701.529,946 ounces registered.
105.924.468,550 eligible.
142.625.998,496 ounces total.
Activity date 30 november 2012
38.834.890,016 ounces registered.
103.333.057,600 eligible.
142.167.947,616 ounces total.
Activity date 03 december 2012
38.859.524,016 ounces registered.
104.545.525,400 eligible.
143.405.049,416 ounces total.
Activity date 04 december 2012
39.193.902,016 ounces registered.
104.545.525,400 eligible.
145.131.750,970 ounces total.
Activity date 05 december 2012
39.836.928,216 ounces registered.
105.456.684,274 eligible.
145.293.612,490 ounces total.
Activity date 06 december 2012
40.402.996,896 ounces registered.
106.135.667,424 eligible.
146.538.664,320 ounces total.
Activity date 07 december 2012
40.925.099,976 ounces registered.
105.709.228,145 eligible.
146.634.328,121 ounces total.
Activity date 10 december 2012
41.521.344,666 ounces registered.
105.403.030,745 eligible.
146.924.375,411 ounces total.
Activity date 11 december 2012
41.521.344,666 ounces registered.
105.374.340,245 eligible.
146.895.684,911 ounces total.
Activity date 12 december 2012
42.024.054,623 ounces registered.
105.486.935,419 eligible.
147.510.990,042 ounces total.
Activity date 13 december 2012
42.347.759,623 ounces registered.
105.172.795,419 eligible.
147.520.555,042 ounces total.
Activity date 14 december 2012
42.347.759,623 ounces registered.
105.166.761,399 eligible.
147.514.521,022 ounces total.
Activity date 17 december 2012
42.347.759,623 ounces registered.
105.084.437,339 eligible.
147.432.196,962 ounces total.
Activity date 18 december 2012
43.150.346,623 ounces registered.
104.454.792,329 eligible.
147.605.138,952 ounces total.
Activity date 19 december 2012
42.536.045,323 ounces registered.
103.526.926,029 eligible.
146.062.971,352 ounces total.
Activity date 20 december 2012
42.656.598,323 ounces registered.
104.247.557,236 eligible.
146.904.155,559 ounces total.
Activity date 21 december 2012
42.123.571,073 ounces registered.
104.756.102,614 eligible.
146.879.673,687 ounces total.
Activity date 24 december 2012
42.700.595,273 ounces registered.
104.395.753,214 eligible.
147.096.348,487 ounces total.
Activity date 26 december 2012
42.684.747,433 ounces registered.
105.058.765,794 eligible.
147.743.513,227 ounces total.
Activity date 27 december 2012
42.064.569,433 ounces registered.
105.016.578,314 eligible.
147.081.147,747 ounces total.
Activity date 28 december 2012
40.299.624,003 ounces registered.
107.905.566,844 eligible.
148.205.190,847 ounces total.
Activity date 31 december 2012
40.436.354,003 ounces registered.
108.371.664,764 eligible.
148.808.018,767 ounces total.
Activity date 02 januari 2013
40.436.354,003 ounces registered.
108.368.633,091 eligible.
148.804.987,094 ounces total.
Activity date 03 januari 2013
40.436.354,003 ounces registered.
109.931.904,031 eligible.
150.368.258,034 ounces total.
Activity date 04 januari 2013
39.522.011,583 ounces registered.
109.832.101,211 eligible.
149.354.112,794 ounces total.
Activity date 07 januari 2013
39.522.011,583 ounces registered.
110.059.980,976 eligible.
149.581.992,559 ounces total.
Activity date 08 januari 2013
39.531.275,529 ounces registered.
110.775.745,240 eligible.
150.307.020,769 ounces total.
Activity date 10 januari 2013
37.979.692,279 ounces registered.
110.980.230,555 eligible.
148.959.922,834 ounces total.
Activity date 11 januari 2013
38.009.542,879 ounces registered.
112.315.178,946 eligible.
150.324.721,825 ounces total.
Activity date 14 januari 2013
38.014.334,947 ounces registered.
112.490.986,450 eligible.
150.505.321,397 ounces total.
Activity date 15 januari 2013
37.975.641,851 ounces registered.
114.285.110,187 eligible.
152.260.752,038 ounces total.
Activity date 16 januari 2013
37.975.641,851 ounces registered.
114.027.304,167 eligible.
152.002.946,018 ounces total.
Activity date 17 januari 2013
37.975.641,851 ounces registered.
114.118.299,667 eligible.
152.093.941,518 ounces total.
Activity date 18 januari 2013
37.975.641,851 ounces registered.
112.997.482,290 eligible.
150.973.124,141 ounces total.
Activity date 22 januari 2013
38.026.408,851 ounces registered.
112.021.074,174 eligible.
150.047.483,025 ounces total.
Activity date 23 januari 2013
38.010.923,490 ounces registered.
112.939.528,619 eligible.
150.950.452,109 ounces total.
Activity date 24 januari 2013
38.046.150,150 ounces registered.
114.221.620,879 eligible.
152.267.771,029 ounces total.
Activity date 25 januari 2013
38.051.379,214 ounces registered.
115.103.821,316 eligible.
153.155.200,530 ounces total.
Activity date 28 januari 2013
38.061.252,164 ounces registered.
115.308.619,728 eligible.
153.369.871,892 ounces total.
Activity date 29 januari 2013
38.061.252,164 ounces registered.
116.234.424,614 eligible.
154.295.676,778 ounces total.
Activity date 30 januari 2013
37.180.126,272 ounces registered.
117.396.902,836 eligible.
154.577.029,108 ounces total.
Activity date 31 januari 2013
37.180.126,272 ounces registered.
119.947.690,097 eligible.
157.127.816,369 ounces total.
Activity date 01 february 2013
37.204.881,352 ounces registered.
120.344.538,489 eligible.
157.549.419,841 ounces total.
Activity date 04 february 2013
37.204.881,352 ounces registered.
121.467.940,189 eligible.
158.695.642,761 ounces total.
Activity date 05 february 2013
37.032.211,852 ounces registered.
121.490.761,409 eligible.
158.500.152,041 ounces total.
Activity date 06 february 2013
36.261.522,892 ounces registered.
121.129.683,489 eligible.
157.391.206,381 ounces total.
Activity date 07 february 2013
36.261.522,892 ounces registered.
122.104.754,236 eligible.
158.366.277,128 ounces total.
Activity date 08 february 2013
36.863.627,112 ounces registered.
121.249.809,454 eligible.
158.113.436,566 ounces total.
Activity date 11 february 2013
36.863.627,112 ounces registered.
121.899.157,729 eligible.
158.762.784,841 ounces total.
Activity date 12 february 2013
36.918.887,812 ounces registered.
122.643.926,700 eligible.
159.562.814,512 ounces total.
Activity date 14 february 2013
37.522.090,762 ounces registered.
122.720.807,562 eligible.
160.242.898,324 ounces total.
Activity date 15 february 2013
38.119.851,662 ounces registered.
123.396.210,222 eligible.
161.516.061,884 ounces total.
Activity date 19 february 2013
37.274.685,302 ounces registered.
123.748.343,092 eligible.
161.023.028,394 ounces total.
Activity date 20 february 2013
37.274.685,302 ounces registered.
123.142.343,558 eligible.
160.417.028,860 ounces total.
Activity date 21 february 2013
37.274.685,302 ounces registered.
123.539.163,878 eligible.
160.813.849,180 ounces total.
...
Activity date 01 april 2013
43.750.848,876 ounces registered.
121.615.730,783 ounces eligible.
165.366.579,659 ounces total.
Latest is:
Activity date 09 april 2013
37.274.685,302 ounces registered.
123.539.163,878 eligible.
160.813.849,180 ounces total.
Mid december 2011 the Comex inventory was 31% lower than on 9 april and the price was $29,47.
So tell me, what's the relevance?