While we wait to see if we can Bust the COMEX and end the gold & silver price manipulation a question arises: how do we know how much gold and silver are being requested for delivery by futures traders?
Answer: The answer is updated daily here: http://cmegroup.com/trading/energy-metals/files/delivery.pdf
This report is updated each trading day by COMEX. “GC” is the gold contract, “SI” is the silver contract and “HG” is copper. Note this example is for the Nov 2008 contracts. On Nov 28, 2008 (a.k.a. “First Notice Day”) this report will start showing requested deliveries for the Dec 2008 contracts.
The last day to request delivery of Dec 2008 gold is Dec 29, 2008. (How are the trading dates set? [link])
You can track COMEX warehouse inventory levels here:
Link to master list of COMEX reports: http://www.cmegroup.com/trading/energy-metals/nymex-daily-reports.html
How close is COMEX to going bust? Answer: Vaporize COMEX CountDOWN