Response From Jack Re: COMEX settling Paper Silver accounts.

Asian guy

What has happened,

Comex on the expiration date of the option

NOT DELIVERY metals but

Settle all accounts on expiration date in CASH

for about 74.27 ?? I can not remember exact.

BUT, as I have found out, the comex

Silver market will fluctuate up and down

And trades can be made….

This is what I understand has happened.

The market will operate as usual….

But at expiration date NO PHYSICAL

DELIVERY will be made…only CASH

Settlements at a predetermined Amount.

This is what I THINK has occurred….. Jack