I wonder how much of this silver being sold is leased out from unallocated accounts and holdings in ETFs.
How unfortunate for the silver shorts that the bankers lack a ready supply of bullion from the central banks. Most national stores of silver in the west have already been depleted.
Gold bullion, however, is still available from those central banks who lease their gold to the bullion banks, where it is then sold into the private market, and is afterward carried on the national accounts as bookkeeping entries.
This scheme has been promoted by some of the TBTF banks for many years as a means of providing a steady income for the central bankers and their Treasuries on their 'idle resources.' Lease us your gold, and we will pay you a percent or two for it in paper.
What Mubarak and other dictators in history past have done using cargo planes, trucks and trains, the western bankers may have done over a period of time using computer entries and their cronies in the central banks: plundering the national treasuries of Europe, quietly and over time. And it was not stored in salt mines and lake bottoms, but sold in plain sight.
Won't the people be surprised if they find how much of their gold is gone, and how it was used to deceive them while their other assets were stolen using phony paper. Do you think there will be reparations made, and justice done?
They will most likely try to ignore it and dismiss it, claim that it is not needed and we are better off without it. And then they will buy it back, but at what prices? And what so called patriots will be their willing stooges and accomplices in theft, again.