Huge COMEX Silver Supply Squeeze Developing

``February 28 is the first day of notice for delivery of the March contracts. Normally, parties not wanting delivery would have closed out their contract long before then. At the COMEX close on February 22, there were still 50,848 open March 2011 silver contracts, representing a potential liability to deliver 254.24 million ounces of silver by the end of March... If the price of silver from now through the end of March were to rise by 30% again, that would put the price around $43.''