COMEX Silver 'Owners Per Ounce' And The Great JPM Silver Hoard

The 'owners per ounce' for silver is trending a bit higher, thanks to the enormous open interest.

CNT is the big dealer in silver, using the COMEX warehouses to stage is silver wholesale business to the US government mint among others. Look at the mass of registered (deliverable) silver which they hold. They are almost an anomaly in the paper markets of New York.

But the most impressive hoard in recent times is perhaps the silver bullion held in the JP Morgan warehouse for 'someone.'

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