Many factors hint at a possibly large move in silver sooner rather than later. The moon was bright silver last night!
It's bad enough that the silver backing the COMEX futures market is only 1/12th of the amount of silver that is under contract, but the day before Halloween dropped a new trick on things. Total Silver withdrawn on October 30th totaled a massive 3,627,012 ounces. More than two thirds of that amount, 2,585,384 ounces came off the Registered Side of the equation. Since the end of July 2009, the Total Registered amount of silver (silver held by depositories to directly offset futures) has fallen by 10 million ounces. The Friday drawdown was one of the largest that I have seen and would indicate that some of the players are in agreement with the thought that if you don't have silver in hand, you don't have silver.
http://seekingalpha.com/article/171112-scary-comex-silver-withdrawals-will-they-continue