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Non-Tech : The Woodshed
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To: bull_dozer who wrote (60750)6/12/2024 8:14:23 PM
From: bull_dozer  Read Replies (3) of 60899
 
On Wednesday June 12, 2024, the Shanghai Futures Exchange (SFE) reported vault stocks of silver standing at 697.5 tonnes (697,522 kg. or 22.4M oz.) down 3.4% from the prior day and down 7.7% from the 755 tonne (755,473 kg.) level on Thursday June 6, three trading days prior. The Chinese markets were closed on Monday June 10.

Keep in mind the short position of spot / cash traders of silver in The City of London’s silver market is estimated to be between 5B and 8B oz. of physical silver.

jensendavid.substack.com
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