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Accelerating Depletion Of Silver Vaults At All Major Silver Exchanges
This Substack reviewed silver vault inventories at global silver exchanges on March 4, 2006 and since that date, new data show that silver holdings available for delivery are rapidly deteriorating at all major silver exchanges globally. London silver vault data is updated monthly and is here adjusted for London vault holdings 1) held by Exchange Traded Funds for shareholders (not available to market) and 2) reduced by 140 million (M) oz. as that was the amount held in London vaults when the London Silver Market suspended trading on October 10, 2025 as there were zero offers of silver for sale. This was the bottom of ... (full story)