I saw on Twitter/X not too long ago (yesterday? within the last week for sure) a tweet with a photo of a US DOD document stating that the military stockpile of silver had depleted a year or so ago (exact time was mentioned, but I don't recall the detail) and the military was now buying silver...
320.8 Moz of the LBMA's vault totals are owned by SLV as of May 9.
173.1 Moz of the COMEX's vault totals are owned by SLV as of May 9.
Those ounces aren't available for industry/China/India to plunder unless investors sell.
Whether restrictions are imposed (to keep the exchanges...
Last I heard, silver is currently being mined 7:1 versus gold. If the LBMA + COMEX vaults drain to zero in the next few years, silver could conceivably rise to equilibrium at a GSR in the neighborhood of 7. Wrap your heads around that.
This is some American news related to the War on Crypto, Operation Choke Point 2.0, financial freedom and, IMO, the push towards CBDCs.
No paywall (video and transcript both):
https://www.americanbanker.com/podcast/custodia-ceo-caitlin-long-on-master-accounts-her-fight-with-the-fed
I clicked through to the techcrunch article and the issue they raised was related to the DDG browser, not the DDG search (website). I did find a page on the Mojeek website that basically said DDG (search) gets all their data from Bing et al (which I knew, but that doesn't have any impact on...
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