COMEX Silver Stockpiles

It appears that the silver stocks at COMEX are now being drawn down

Here we can see that 20 million ounces have left in the last 3 months

Here we can see Registered & Eligible stocks.

Here we see registered stocks which have dropped from 70 million down to 43.5 million ounces. A drop of 26.5 million ounces - a 38% decline.