NO Silver in SLV ETF ??? Get Physical Silver & Gold Now !!

I've done a little bit of detective work and discovered some info suggesting possible fraud in the SLV ETF.

Gold/Silver holdings get audited from time to time. Here are a couple from GoldMoney.com & the SLV ETF.

Normal Inspectorate Report (many pages for small audit):

http://goldmoney.com/images/bar-count-images/Inspectorate-2010-09-02.pdf

Possible 'fake' Inspectorate report (2 pages of little content for large audit - same company):

http://us.ishares.com/content/stream.jsp?url=/content/en_us/repository/resour...

I have found inspectorate reports both before and after the supposed report completed on SLV ETF. They always have the same Inspectorate logo in the top right hand corner. It is just the report conducted on the SLV ETF that shows a slightly different logo, stating 'an Inspicio company'.

What is an Inspicio company?

Inspicio is a global provider of testing and inspecting services, which just happened to go private shortly after the SLV ETF commenced.

http://www.3i.com/portfolio/companies/inspicio.html

Inspicio was taken private by 3i. Who is 3i?

3i is closely related to JP Morgan Chase (the holder of the monster silver short comex position)

"N.M. Rothschild & Sons Ltd. advised 3i on the transaction, with JPMorgan Cazenove acting as corporate broker, while Citigroup Inc. and Kaupthing Singer & Friedlander advised Inspicio. 3i bought 54 million pounds of shares, or about 24 percent of the company, on the market this morning, Giddins said today."

http://www.bloomberg.com/apps/news?pid=newsarchive&sid=amCL1DO8COkk

In January 2010, J.P. Morgan Cazenove became a wholly-owned part of J.P. Morgan

JP Morgan acting as corporate broker for this 'Commodity Inspecting Company'. I guess this Inspicio company owes JP Morgan a favour or two... perhaps a fake 'Inspectorate Report' stating the SLV ETF holds silver - when they really hold a negligible amount?!

On Tuesday 9th November, 149 million shares were traded on SLV (149 million ounces) - half of SLV's total holdings. Is this ETF being used to suppress the silver price? I believe likely!



Hinde Capital have also recently warned of ETF's being 'Price Suppression Schemes'

http://www.gata.org/node/8913


I am not a financial advisor. Content is believed to be correct, however please do your own research.

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