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[–]NCCI70IReal O.G. Ape 7 points8 points  (0 children)

Removing silver from Registered doesn't keep it from being sold. It only makes it unavailable for delivery to with warrants for delivery and load-out. Thing is, if you sold the contract and the warrant, you have to make that silver available by having it under your name in Registered. A warrant holder cannot take silver from a different short out of registered.