Loading ...Who is that bozo with all the long explanations? Where are you finding them? Besides, they are probably fake, AI driven. My wife used to say, “The bigger the explanation, the bigger the lie” I listened for about five minutes and I asked ChatGPT Briefly, is it true SLV cannot account over 300 million ounces of silver missing.
Short answer: No — it’s not a verified fact that SLV “cannot account for 300 million ounces of silver missing.”
Here’s the reality in brief:
• SLV holds physical silver that is reported daily by BlackRock: According to the official SLV holdings data, the trust has over 500 million ounces of silver in trust as of early 2026, and this figure is published by the issuer and updated regularly.
• Some market commentators talk about “missing” or “double-counted” silver: There are discussions in blogs and forums claiming that silver inventories (in COMEX and LBMA vaults) overlap with SLV holdings, implying some portion of physical metal isn’t uniquely accounted for — e.g., suggestions of ~100 million+ ounces of overlap/double-counting.
However, these are theories or critiques, not verified findings from regulators or SLV’s custodian.
• SLV’s own legal disclosures state it holds silver for each share issued: The trust’s prospectus and filings specify that physical silver is held by a custodian to back SLV shares (with a small unallocated portion allowed under certain terms).