Silver 'owners per ounce,' which is the registered (deliverable) supply on the Comex compared to the total contracts for that silver that are open is elevated. And this is in a relatively inactive, quiet month for silver on that exchange.
"what should you do to avoid being an idiot or a swine? Merely this: You should do something great, you should lay aside all the foolishness of a more of less long existence, you should become resigned to the fact that you will seem ridiculous to a race of janitors and bureaucrats if you are to enter the service of Splendor. Then you will know what it means to be the friend of God. The friend of God!"
Léon Bloy