Sunday, December 17, 2017

How did SLV add 10,000 Million ounces of Silver within 2 days?

Came across this article from Miles Franklin which might clear all doubts about silver manipulation.

 

Check this out 

 

How did SLV add 10,000 Million ounces of Silver within 2 days? Or rather, where did they get 10,000 million ounces of silver from?

(The custodian JP Morgan, who is supposed to hold the silver.)

 

 

So, you don't believe that the silver market is manipulated? Perhaps you can explain the following:

 

We want to thank Tony Cooper for the following fascinating information.

 

Snippet from Harvey Organ's Blog (Harvey pulls these reports directly from CME / COMEX website)

 

 

 

"How about the SLV? May 9.2011:

 

Ounces of Silver in Trust

339,664,670.000

Tonnes of Silver in Trust

10,564.75

SLV: May 7.2011:

 


Ounces of Silver in Trust

329,665,590.000

Tonnes of Silver in Trust

10,253.75

May 5.2011:

 


Ounces of Silver in Trust

330,153,362.000

 

My goodness, these guys are good. Today they added an exact 10.000 million oz. of silver to their inventory. "

 

Astonishingly, SLV added 10,000,000,000 (that's 10 billion or 10,000 Million) ounces of silver from May 7, 2011 to May 9, 2011 (roughly 311 Metric Tons)!!

 

Meanwhile over at PSLV (which is backed 100% by real Silver Bars), it took Eric Sprott with cash in hand, 3 months to locate, acquire. And transfer only 22.3 Million ounces of silver! Eric publicly commented on silver shortages and how difficult it was to locate that quantity of silver.

 

 

"As of November 10, 2010, the Trust had contracted to purchase a total of 22,298,525 ounces of silver bullion. As of December 31, 2010 a total of 20,919,022 ounces of silver bullion had been delivered to the Trust. The Trust expects to take delivery of the final 1,379,503 ounces of silver bullion by January 12, 2011 and will subsequently publish the serial numbers of all bars held by the Trust on its website: www.sprottphysicalsilver.com"

 

"Frankly, we are concerned about the illiquidity in the physical silver market," said Eric Sprott, Chief Investment Officer of Sprott Asset Management. "We believe the delays involved in the delivery of physical silver to the Trust highlight the disconnect that exists between the paper and physical markets for silver."

 

So the question that begs an answer is:

 

How did SLV find, acquire, and have delivered to its storage vaults 10,000 Million ounces of silver within 2 days when PSLV had enormous difficulty securing 22 Million ounces over 3 months time?

 

The Lies & Deceits are now beyond enormous...