Anyone watching the Dec Gold & Dec Silver open interest because it's really building to I think historic or near historic levels. Dec Gold 204,059 contracts + 4,000 from yesterday Dec Silver 98,034 To put this in perspective at 100oz a gold contract that's 20.4 million ounces or $7.75 billion Silver is 490 million ounces or $2.6 billion There are rumours starting to float that some big investors and/or funds couldn't see a way to buy a crap load in the cash market so entered the futures wanting to accept delivery. We must obviously assume that the OI will come down a lot going in the deliver process (Dec 1 - Dec 29) but even so you can't just click your fingers and deliver very large amounts of gold/silver that easily. I think right now there's a better than even chance that there's going to be problems and/or sparks. As we get nearer the date we'll know more. Anyone following it?