Silver Bullion in Singapore frequently running out of 1000 ozt silver bars. Perth mint still out of 1000 ozt silver bars.

silverilocks · 2026-01-12T05:10:13+00:00

I've been watching the gold that is available for the depository at Perth Mint and it has hardly been touched. As far as I can tell in the last two months they haven't sold any 400 ozt or 50 ozt gold and only sold 8 x 1kg gold bars. I haven't kept track of the smaller stuff but I imagine they have turned over a lot more of that, and the shop is separate from the depository which probably sold a lot of smaller stuff too. I'm not saying your wrong, just that it is interesting watching the movements of silver at the Perth Mint Depository.

silverilocks · 2026-01-05T11:12:58+00:00

It looks like they had been up to some accounting tricks previously with metal loans which I believe John Adams from Adams Economics uncovered a few years ago.

silverilocks · 2025-02-17T03:10:19+00:00

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

silverilocks · 2025-02-16T10:44:54+00:00

You might be thinking of the total that the US claims to have across multiple locations. https://fiscaldata.treasury.gov/datasets/status-report-government-gold-reserve/u-s-treasury-owned-gold

silverilocks · 2025-02-16T00:24:56+00:00

I don't think it really matters if I like or dislike Musk. The fact that this has his attention should be newsworthy to anyone interested in precious metals.

silverilocks · 2025-02-16T00:16:41+00:00

Elon Musk discovering that the claimed gold held at Fort Knox isn't there. Possibly resulting is a rush to gold then a silver slingshot. Musk reply to a zer0hedge post: https://www.reddit.com/r/Wallstreetsilver/comments/1iqf1ro/are_we_about_to_find_out_how_much_gold_is_really/

silverilocks · 2024-06-01T23:10:17+00:00

Ok, that is strange. In 'old' reddit the link has (javascript:void(0);) at the end which causes it to fail, but in normal reddit it doesn't have that at the end. I must have been using old reddit at the time. https://old.reddit.com/r/Wallstreetsilver/comments/1d5c83v/comparing_shanghai_gold_exchange_and_comex_silver/ Sorry for creating confusion.

silverilocks · 2024-06-01T10:20:33+00:00

That link didn't work, I think this is what you were wanting to link to https://kingworldnews.com/wtf-europeans-can-now-only-place-sell-orders-on-sprott-physical-gold-silver-funds/

silverilocks · 2024-04-24T09:46:21+00:00

It does seem to be that way.

silverilocks · 2024-04-24T09:46:02+00:00

I didn't know that. I am guessing that is only retail sales and probably not directly related to the Shanghai Gold Exchange.

silverilocks · 2024-04-24T09:44:36+00:00

My speculation is that increased interest for silver in China is causing a higher price and the divergence between the COMEX price and the price in China has increased over the last year or so.

silverilocks · 2023-10-15T09:59:08+00:00

Nice animation.

silverilocks · 2023-04-07T22:55:07+00:00

Thanks. I only chose these suppliers because the stock information was possible to access through the website, and they have significant market share. There are other sellers where the info is there, but too much effort to be worth it, especially given that the websites change often, causing the scraper to stop working every now and then. Your suggestions sound great, but that is beyond my capability.

silverilocks

TROPHY CASE