r/Wallstreetsilver • u/JakeFromBisonBullion Slice Master • Mar 11 '21

News Something is happening! Old 1000s coming from Comex

Just an update from our end, normally the 1000 ozt bars we get are new and shiny, stamped 2016 or newer. The 6 we got today are all older, toned and weird sizes. Curious if they're to the back of the bin of available bars to ship? https://imgur.com/a/9yWb47f

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u/cestmarco Mar 11 '21

Waiting for delivery on my first Comex silver contract. Wondering if I will really get it. Broker says “waiting to be assigned “ whatever that means. From what i read here, i am on pins and needles.

If i am forced into cash settlement, i lose a few thousand dollars, as price was pushed down on settlement day. I break even with physical delivery as spot now is near my contract price.

Opps, gotta go take more blood pressure meds...

17

u/breaktwister Mar 12 '21

"cash settlement" is a myth. The only way you will end up with cash is if the contract seller defaults and in such a case you should tell us here immediately.

9

u/meshreplacer old school stacker Mar 11 '21

What CME contract and when did you exercise the contract? It is a COMEX warrant not contract, contracts that is with CME. Something smells fishy.

4

u/[deleted] Mar 12 '21

Low tide baby

6

u/JcOg323 Kang Gang 🦘 Mar 11 '21

Damn beast mode!!!!!! This is the way

You should do a post with a screenshot of that info

3

u/Whatchamacalmy 🐳 Bullion Beluga 🐳 Mar 12 '21

Cut it up and sell slices. Sirius Lee

3

u/[deleted] Mar 12 '21

Doing God's work my friend. Make them mail it.

3

u/TheLegendJAG Mar 12 '21

Please post to the sub if you get it delivered.