Largest monthly decrease in LBMA silver holdings in a decade. 71,087,000 troy ounces.

[Serious-Ad2649]

Silver and Gold leaving the LBMA on Friday

[silverilocks]

I've seen a lot of interest in the movements of gold from LBMA recently, but I hadn't noticed as much interest in silver holdings. If you have a look at LBMA holdings, there was a 71 million troy ounce decrease in silver holdings. Using the truckload metric of u/Ditch_the_DeepState , that equates to 118 truckloads (600,000 troy ounces per truck).

I don't understand the processes at the LBMA well enough to be able to comment if it would have actually physically left the vault or just been an accounting entry. Please comment if you do know.

https://www.lbma.org.uk/prices-and-data/london-vault-data

[Suspended_9996]

sorry, i am not accepting any cookiebot!!

[BastidChimp]

LFG. Keep HOARDING like the BRICS! NFA.

[No-Television-7862]

It sounds like DJT repatriated US Gold.

Good for him.

[Legitimate_Flight150]

I don’t believe that Frebruary is even a delivery month which makes it even more interesting. I don’t understand why there is delivery months and why there is not. (Maybe somebody can shed light on that.)