Tulving posted this on their website tonight:
We Have Been Shipping To Customers An Average Of About 100,000 Ozs Of Silver Every Working DAY Since Sept 23.
Copied the page here, because they update their site often: https://docs.google.com/document/d/11asBTZkq9JdLLcx6CIgtVTU0DOXgNdvzw4fANQVL4Mw/edit?hl=en_US
This is incredible. For those that aren't aware, Tulving has been sold out of 90% silver for many days now. APMEX has been sold out of 90% for a number of days too (they just started listing fresh inventory yesterday). It also looks like APMEX has been moving 100 oz bars like hotcakes. Provident Metals sold out of 100 oz bars as well.
The US Mint now lists 1,012,000 ASEs sold this month already. They listed ~700k on Monday and that means about 300k in the two days following. We know that its safe to say that once an ASE hits the market, its rarely ever melted down and put back into a highly leveraged block that trades on the paper markets. Anyone keeping a running count of how much physical is going into stronger hands?
This is insanity. I can only wish that silver dips lower.