Just in from a fellow Café member…
http://seekingalpha.com/instablog/121744-mark-anthony/13311
-warnings-to-precious-metal-etf-investors-buyer-beware
The London based ETF Securities Silver Fund regularly publish a list of serial numbers of the silver bars they hold in custody:
http://www.etfsecurities.com/msl/bar_list.zip
The iShares Silver Trust (SLV) also publish a weekly updated list of serial numbers of silver bars held in their custody:
https://ebts.jpmorgan.com/ebtsWebMod/
ebts_downloads/BONYBARLIST.PDF
Check out page 1698-1722 of the SLV silver bars list. They have got some silver bars from China. The brand is Great Wall. The supposedly unique serial numbers are from No. 1001 - No. 1460. With many duplications.
The ETFS's silver bars list also contains silver bars of the same Great Wall brand. The serial numbers are also the same: No. 1001 - No. 1360.
Ah oh! Hmmmmm...?
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It doesn't surprise if this is in fact the evidence people need to get out of paper and into physical! And ECU of course.
