Count Down

Is this the one of the leading indicators of a count down for the silver markets including gold




 Last month I posted about the report of these stock piles evaporating out of the Shanghai Warehouses

From http://srsroccoreport.com/the-unknown-factor-how-the-global-financial-system-will-collapse/the-unknown-factor-how-the-global-financial-system-will-collapse/

Also, we can see that since the beginning of July, 131 metric tons, or 56% of total silver stocks were removed from the Shanghai Futures Exchange.  At this trend, it would only take a few more months to totally wipe out the remaining inventory.

I’ve received emails from some of my readers asking me “What does the continued draw-down of silver at the Shanghai Futures Exchange mean?”  Unfortunately, I don’t trade silver in the futures markets, so I don’t really understand the dynamics behind the Asian markets.

So, I recently contacted Turd at TFmetalsReport to see if he might forward my inquiry to London precious metal trader, Andrew Maquire.  As many of you all know, Andrew was one of the key players who assisted two JP Morgan whistle blowers to contact Bart Chilton at the CFTC about silver manipulation.

Nothing really came of the silver investigation, but that is no surprise.  Regardless, it would be interesting to see what he has to say about the continued removal of physical silver from the Shanghai Futures Exchange.  If, I receive a reply, I will publish it in an update.

We shall wait for the continued updates but I am curious as to what happens when this slides close to then at Zero aren't you?

GnS+Research