The Secret Silver Stockpile, Part III

When Part II of this series ended, readers were left with a partial picture of the Secret Silver Stockpile. We have a base number of 1 billion ounces, taken from the work of the esteemed Ted Butler. But missing from this analysis are key pieces of data.

What has been the burn-rate of this stockpile? When were the Silver Users forced to start tapping into this stockpile? These are some of the questions/issues which the conclusion of this series will seek to address.

Obviously the most-important (missing) number is the burn-rate of this “secret” stockpile. A large burn-rate suggests near-term catastrophe for the manipulation games of the One Bank in (at least) the silver market, while a tiny burn-rate may imply no end in sight for our Hostage Markets. Here, at last, we have somewhat reliable data, from a chart which readers saw earlier in this series.

As already noted; between 1990 – 2005, official inventories of silver plummeted by roughly 90%, from approximately 2.2 billion ounces to somewhere around 200,000 million ounces. Why is this data relatively “more reliable” than other data produced by the same cast of fraudsters who have been feeding us obviously falsified data on both the silver and gold markets?

It’s because showing us this collapse in silver inventories was clearly against the interests of the One Bank. What do we see/hear all the time in the more-recent propaganda from these same, quasi-official sources? The silver market now (supposedly) has “a surplus”. There’s “lots of silver” around to satisfy any/all demand. We don’t believe any of it, but we expect the Liars to make such claims.