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As I commented in your last article, JP Morgan publish a bar list and audit every delivery coming in to cover issue of new shares. They also do not lend or allow lending of the inventory.
Jun 04 11:42 am
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All Comments by The Silver Analyst »Will a 'Silver Bullet' Finally Kill the Metal Manipulators? [View article]
I don't see the problem, are you saying there is NO silver there at all (or as I infer from what you say) only 1/3? How do the storage schemes you regard as legitimate get their silver? I think CEF and GoldMoney have nearly 80 million ounces between them.