just looked at a chart of COMEX registered silver & it is down to 33.06m. ounces as of may 4th, 2011.
as a comparison exactly 3 years ago in 2008 there was 86m. ounces of registered silver at the COMEX.
so that is a massive fall in available physical silver over the past 3 years.
actually, a rough back of the envelope calculation suggests that if registered silver continues to fall equal to the fall in available stock over the past 25 months - from april, 2009 to may, 2011 down from 66m. ounces to 33m. ounces - then the COMEX will be in dry dock by june, 2013.
and as a great conspiracy theory, that would make both the empty Fort Knox & the Comex warehouses available for indoor sports, like tennis, soccer & financial gymnastics.
or a lunatic asylum for the Wall street fraudsters.
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