28 million ounces of silver leave ETFs over last 4 weeks

2 years ago
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28 million ounces of #silver leave ETFs over last 4 weeks

During the recent #silverprice selloff, more metal has been leaving the silver ETFs, with the latest numbers showing that 28 million ounces have been removed over just the last 4 weeks alone.

Silver continues to also slowly trickle out of the #COMEX #registeredsilver category. And while it’s unknown exactly who the buyers were, it is possible that some of the metal is being used to fuel the retail silver market, as the latest Silver Institute Data shows overall deficits over the last 3 years.

But to find out more about the shift, as well as the other other relevant economic news and data, click to watch this video now!

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To read the Wall Street on Parade article from Pam and Russ Martens go to:
https://wallstreetonparade.com/2022/06/report-jpmorgan-chase-and-citibank-hold-90-percent-of-all-gold-and-other-precious-metals-derivatives-held-by-all-u-s-banks/

To read the latest news from Kuya Silver go to:
https://kuyasilver.com/news/news-2/news-2022/uyailvernnouncesilingofndependentreliminaryco20220617080000

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To get on the waiting list for your very own ´Silver Chopper Ben´sterling silver figurine click here: https://arcadiaeconomics.com/get-a-chopper-ben/

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To get your paperback or audio copy of The Big Silver Short go to:
https://arcadiaeconomics.com/thebigsilvershort/

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To see the evidence of manipulative behavior in the silver market (as well as how you can send it to your local regulators and Congressional representatives) click here:
https://arcadiaeconomics.com/cftc-complaint/

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To sign the petition to ban JP Morgan from having any involvement in the silver industry click here:
https://www.ipetitions.com/petition/ban-jp-morgan-from-trading-gold-and-silver

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Follow Arcadia Economics on Twitter:
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#silver
#silverprice
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