Further to my post on Gold ETFs, below are the figures for silver.
|ETF/Custodial Facility||Silver Ounces as at July 2009||% share of Total Privately Held|
|Central Fund/Trust of Canada||59,648,793||4.3%|
|Bullion Management Group||5,444,685||0.4%|
|Silver "Products" Sub-total||438,956,951||31.4%|
|Total Other Privately Held||842,564,866||60.2%|
|Total Privately Held||1,400,000,000||100.0%|
Compared to gold, the silver ETFs provide more transparency, which is another way of saying there is less privately held silver stock compared to gold.