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LBMA vaults, anything silver left? What about Bullionvault


artdeco

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SLV and other etfs store their silver in LBMA vaults in London apparently. Of the 33,000 tones of silver in London, 29000 is allocated. Presumably once this figure gets close to 33,000 tons, the silver will be leased, rehypothecated etc, if it isn't already. My concern is that Silver I have vaulted with Bullionvault is in the same vault (if anyone knows better please correct me). Ok it is supposed to be audited but with JPMorgan swimming around in the LBMA, should I have cause for concern that anytime I may want delivery, it may not be there?

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