Brink’s

Brink’s Another 1 million ounces physical silver gone

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Stock at the COMEX isn’t so significant, but it does get a little trend going.

The Brink’s vault had another 1 million troy ounces of physical silver taken out yesterday. More and more evidence of people going for the physical thing.

Large drop in Silver Stock COMEX: Brink’s Vault

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Someone just took out 3.6 million troy ounces of silver from the Brink’s vault at the COMEX. And it is registered silver, which means it’s real physical silver. About $120 million at current prices. That’s almost the same amount that Eric Sprott bought in his physical silver placement in July 2012.

This is a very significant 1 day drop, you can make your own conclusions.

See the balance sheet here: http://www.silverseek.com/article/comex-silver-inventory-update-2526941838-ounces-6956