@BullionStar : In a shocking retraction, the bullion bank operated London Bullion Market Association (LBMA) in London has today announced that it had overstated March LBMA silver vault holdings by a massive 3,300 tonnes of silver.

The statement from the LBMA today says that "A data submission error led to the publication of an incorrect aggregate figure for the total silver held in London vaults in March. The corrected figure is 1,143,194 Troy ounces ('000s)." https://www.lbma.org.uk/prices-and-data/london-vault-holdings-data

In early April, LBMA claimed that total silver held in LBMA London vaults had risen by a whopping 11% during March from 1.125 bn ozs (34,996 tonnes) to 1.249 bn ozs (38,859 tonnes). This, it turns out, was not true, as the real end of March figure was 1.143 bn (35,557 tonnes).

At the time BullionStar pointed out how unlikely this massive one month increase in silver holdings was, and called for an Audit of the LBMA, when we said here on Telegram that “Which is why, if the LBMA vault data on silver (and gold) is to be even remotely trusted

(which is a far stretch), then it is now time to independently and physically #AUDIT THE LBMA VAULTS.” See original telegram post here
https://t.me/c/1491407370/472
This silver vault data change by the LBMA now is highly suspicious and begs the question, was there a deliberate error