May Silver Open Interest at 40,365!

Over the weekend, silver's May open interest stood at 49,418 with only 5 trading days left to entice longs to roll their contracts to July. The cartel threw a barrage of media/blogger top calling shills, 2 margin hikes, and the kitchen sink at silver this week, as is their standard modus operandi in the week proceeding silver's first notice day. (Much nicer for The Morgue's bottom line to entice longs to roll than it is to have to bribe them with 80% over spot offers to accept cash during the actual delivery month!) So, what is silver's open interest as of Thursday, with only 1 day remaining to entice longs to roll? 40,365! Somewhere in NYC, Mr. Dimon is on the phone, and Blythe is going "Oh sh*#!" From CME Group: Daily Settlements for Silver Futures (FINAL)Trade Date: 04/28/2011
Month	Open	High	Low	Last	Change	Settle	Estimated Volume
MAY 11	47.825	49.520	47.245	48.500	+1.562	47.520	40,365
JUN 11	47.800	49.530	47.260	48.480A	+1.556	47.528	8,662
JLY 11	47.810	49.560	47.255	48.450	+1.554	47.541	169,434