COMEX Registered Silver Supplies Down 54 Million Ounces Since 2009!

While it appears that the COMEX will be able to survive May delivery in silver, Blythe and friends may not be able to kick the can down the road much longer.
In 2009, total COMEX registered silver supplies were 87.4 million ounces. Fast forward to May 2011, and registered silver supplies are now 33.2 million ounces.
This is a drop of 54.2 million ounces in registered silver supplies in 2 years, or an average drop of 27 million ounces/ year!
Translation: the end game in the silver manipulation may well arrive in the next year.





Chart Courtesy 24hour Gold