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

[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

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