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<p>[QUOTE=&quot;InfleXion, post: 1512305, member: 29012&quot;]The amount is about the same if you consider &#039;about&#039; to be a discrepancy of just under 10 million oz. Just because the price of SLV shares multiplied by the number of shares equals their net worth doesn&#039;t mean that each share has a unique bar (this is what is known as a leap of faith, or suspension of disbelief). To go down that path you would have to also multiply the number of ounces by the price of silver and see if they add up to the same value. Since you have not done this your assertion is based on incomplete information currently.</p><p><br /></p><p>However, that is moot because you also do not seem to (want to) grasp that 100% backing can exist in a fractional system where the bars are re-used to achieve that backing. It may very well add up but that doesn&#039;t prove that they aren&#039;t declaring multiple ounces from the same 1 oz bar for example. And please don&#039;t say the burden of proof is on showing that is the case. I have already provided a link that does as much, so as far as I am concerned this conversation is over. 10 million oz short does seem to be in the ballpark though. Thank you for clearing that up at least.[/QUOTE]</p><p><br /></p>

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