You have to scratch your head in wonder when a silver ETF can easily obtain 7.6 million oz of silver, yet you would be hard pressed to find a few small bars from your local or national bullion dealers. What a scam these ETFs are and will be proven so in due time.
BTW vhf, your raised a very interesting point a few days ago by identifying the lack of fund liquidation within the gold and silver EFTs while the gold and silver equities were sold off unconditionally and during significant retracements in the underlying commodity prices.