No Shortage? Then Who Needs Immediate Delivery of 1,135,000 oz of Silver in a Non-Delivery Month!?!

``August Silver Open Interest Surges, Stands For Immediately Delivery of 35 Tonnes: Who Needs Immediate Delivery of 1,135,000 oz of Silver in a Non-Delivery Month!?! ... Gold's performance was particularly strong this week for a number of reasons. It appears that gold's status as the king of monetary metals is attracting big money buyers a bit more readily than silver as fears of a global economic downturn and deflation color investor sentiment. Oil has been diving again, with West Texas Intermediate Crude falling below $40 on an intraday basis on Friday -- the lowest mark since 2009. That isn't helping deflation fears.''