Criminal LIES Still Coming Out of the LBMA: 3.76 BILLION+ NET Ounces of Silver “Transferred” in Month of July!!??

by Bix Weir, Road to Roota:

To say that the LBMA is a “Den of Vipers” would be an insult to Vipers…they are flat out CRIMINALS!!! Liars, Cheaters, Scum-suckers and Bottom-Dwellers!!!

The new Silver Fix called the London Silver Price will be just another con by the “Members” of the LBMA who will be telling the CME and Reuters what price they want posted each day. It’s total Bullshit.

Just like the claims that the LBMA Members transferred BILLIONS of ounces of silver last month…BILLIONS OF OUNCES! Here’s their just released numbers: LBMA: Ounces Of Gold Transferred Down In June But Silver Volume Higher

“Meanwhile, the volume of silver ounces transferred daily increased by 19.4% to 163.4 million ounces, the LBMA said. Coupled with an increase in price, this pushed the value of ounces transferred daily up by 22% to $3.23 billion.” Really??? 163.4 million ounces per day…NET???

With 23 trading days in July that put the NET TRANSFERS at 3.76 BILLION ounces of silver “Transferred” in the month of July.

A few years back the lead JP Morgan Silver trader wrote an article for the LBMA claiming that the GROSS TRANSFERS were over 3x the net transfers…

THAT MAKES OVER 11.3 BILLION OUNCES OF SILVER TRANSFERRED IN JULY!!! [Ed. Note: That's TWELVE TIMES the amount mined from planet earth annually! IN ONE MONTH!!]

It’s a con my friends. A HUGE con that they expect us to swallow everyday.

Well…I claim BULLSHIT. Show me the METAL!! Prove that you transferred that much physical silver. Prove it to the world.

If they can’t…they should all go to jail for fraud and filing false and/or misleading statements.

May the Road you choose be the Right Road.

Bix Weir
Roadtoroota.com

image: courtesy silver doctors