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3:37 pm
August 21, 2009


Bron Suchecki

Member

posts 16

Further to my post on Gold ETFs, below are the figures for silver.
ETF/Custodial Facility Silver Ounces as at July 2009 % share of Total Privately Held
ishares 283,831,312 20.3%
Central Fund/Trust of Canada 59,648,793 4.3%
Zurcher Kantonalbank 52,343,842 3.7%
ETF Securities 19,133,459 1.4%
GoldMoney 16,234,617 1.2%
Bullion Management Group 5,444,685 0.4%
Claymore 2,235,000 0.2%
e-Gold 85,244 0.0%
Silver “Products” Sub-total 438,956,951 31.4%
COMEX 118,227,405 8.4%
TOCOM 250,778 0.0%
Total Other Privately Held 842,564,866 60.2%
Total Privately Held 1,400,000,000 100.0%
Compared to gold, the silver ETFs provide more transparency, which is another way of saying there is less privately held silver stock compared to gold.

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