|(Courtesy of Koos Jansen, In Gold We Trust, original post)|
Now, we can also do the same for silver. Look at the silver premium chart between Shanghai and London below. I do not even need to know how much the Chinese demand is for silver, because the silver premiums speak for themselves. We call this "the power of deduction".
And these peaks in silver premiums magically coincide with a drainage in the SLV trust. Let's see what happens next, will SLV be drained too in the same manner as GLD?