TOTAL SILVER and GOLD drain continues. Registered GOLD drops, registered SILVER has small, temporary blip up. Shenanigans went from $8.5 Billion to zero.. for ALL metals. In-month accumulation ramping up. Spot Platinum volume ticks up, spot GOLD and SILVER volume lower.

🔎📈 Due Diligence

Vaults:
SILVER, Nothing in. 2.2 million oz out: MTB 1.28, CNT 0.61, Brinks 0.31, Delaware 1 immaculate bar. 498 koz reclassified to registered at Loomis Intl.

GOLD, 0.06 tonnes (20 contracts) in. 0.67 tonnes out. 3.222 immaculate tonnes reclassified OUT of registered. All moves at BRINKS.

COMEX (Mar) Spot Volume Today (so far)- Gold 148, Silver 272, Platinum 205

COMEX PM Vaults

In-month accumulation is ramping up. Silver "started" at -4085 after the FIRST day.

In-month contract accumulation

Shenanigans / Daily revisions just disappeared, completely. This happened one other time, but it is odd only two days after we had such huge numbers. Shenanigan report, changes in contracts between preliminary and final reports: SILVER 0 ( 0 truckload), GOLD 0 (0 tonnes), PLATINUM 0.

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MARCH SILVER OI = 8, 235,000 oz
APRIL GOLD OI = 26,248,100 oz

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Oversubscribed Ratios, OI/Registered:

March:
SILVER = 0.10 (+0.01)

April:
GOLD, 1.55 (-0.05)
PLATINUM, 7.12 (-0.29)

May:
SILVER, 4.73 (-0.01)

June:
GOLD = 0.49 (+0.05)

July:
PLATINUM, 2.69 (+0.12)
SILVER, 1.20 (+0.02)

August:
GOLD, 0.27 (-0.02)

September:
SILVER, 0.34 (-0.01)

October:
PLATINUM, 0.98

Posted Mar 6, 2026, 8:54 PM UTC

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