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@mypreciousilver
I'm the man of the silver mountain
“People will spend all their life chasing money, but they will not spend 5 minutes learning what money is." -me Fiat currency always returns to its intrinsic value ... ZERO" -Voltaire "The major monetary metal throughout history is silver, not gold" -Milton Friedman "Although…
Silver held in the SLV-trust skyrocketed 572 metric tons last week (located in JPM's vault in London/LBMA) as there were added 20.3 mill new shares. That brings the silver held by the trust up to 15,230 m.tons which is the highest weekly number since February 2023. We saw big…
Updated weekly charts: #silver inventories Shanghai Futures Exchange (SFE) and Shanghai Gold Exchange (SGE), based on @oriental_ghost 's excellent reports. SFE was down 24 metric tons this week, while SGE was down 15. SGE is Monday’s number. For a longer time range, check out…
Just a small update on SLV; Yesterday they added another 1 750 00 shares, not so much as Monday/Tuesday - but still up. This brings the total up 19,5 mill shares the 3 first days of the week. That is equal to 550 metric tons, putting even more preassure on the free float of…
“Free float” of silver in LBMA is vanishing: SLV rocketing up 500 metric tons the 2 first days of the week. Normally I don’t report on daily basis, but this is huge: SLV has added 17.7 million shares on Monday-Tuesday. That means from JP Morgan’s LBMA vaults, 500 metric tons…
Probably nothing...
LIVE VIEW: The White House? She’s in her Golden Age ✨ Haters: “tHiS iS AI!!” 🤬 Her: “24K Magic in the aaairrrr 🎶”
BREAKING NEWS! 🔥🔥🔥 The Chinese government is now officially chasing capital gains tax on all of the profits that Chinese Citizens made from investing in U.S. equities… Physical #Gold and #Silver will be the only escape door. 🚪 The door is small and narrow…
ah... so the 17.7 mill SVL shares were partly created to ease the preassure of borrowing cost.... I see they live by the motto: "When in trouble, double" This will not end well (for them) 😂🍿
SLV ETF important comments In the last 2 days 17.7 million shares have been created and approximately 16 million silver ounces will be delivered into the iShares Silver Trust. This activity has increased the shares available to borrow and also lowered the borrowing fee to short…
Bob's comments are accurate and very polite. At the risk of sounding rude: SLV (and the like) is scam run by the financial sector to 1) Siphon investment demand away from physical, 2) Hoist the vaulting fees of bank owned metal onto ETF unit holders.
SLV ETF important comments In the last 2 days 17.7 million shares have been created and approximately 16 million silver ounces will be delivered into the iShares Silver Trust. This activity has increased the shares available to borrow and also lowered the borrowing fee to short…
“Free float” of silver in LBMA is vanishing: SLV rocketing up 500 metric tons the 2 first days of the week. Normally I don’t report on daily basis, but this is huge: SLV has added 17.7 million shares on Monday-Tuesday. That means from JP Morgan’s LBMA vaults, 500 metric tons…
#Silver seems tight on the commercial side and abundant on the retail side
One would think that market makers would be delivering silver to SLV to create shares in order to meet the demand for those who want to borrow these shares. In fact, just the opposite is happening. SLV Shares outstanding have fallen by 10,900,000 shares since last Monday…
SLV hitting milestone: Yesterday more than 15 000 metric tons of JP Morgan silver vaults are now theoretically tied to the SLV trust. That is the highest number since February 2023. Extremely interesting as we also see SLV shares for available for borrowing close to zero,…
Tanaka Precious Metals announced a service change starting December 16, 2025, where at the time of canceling their gold accumulation plan, customers will only be able to receive cash and will no longer be able to take physical delivery It seems possible to request physical…
Why are @DailyLoud and @AfricanHub_ with million of followers on X, spreading fake news like this, even though they probably know it is fake? Density of gold is 19.3. If it was gold, this rock would be about 10 tons!
Gold miners discovered large gold rocks in Ghana
Weekly silver chart: Exchange for Physical (EFP), Comex -> LBMA. The EFP volume this week was pretty low: 2165 contracts, equal to 337 metric tons. How much of the EFP trading that will be delivered is hard to tell, but probably just a low percentage. The name “Exchange for…
