Over 330,000,000 ounces of silver have exited the LBMA vaults over the past 12 months

TF Metals Report – Twitter, Released on 12/7/22

Known primarily by his nickname “Turd Ferguson,” Craig Hemke is the founder and editor of the popular TF Metals Report blog and podcast, covering precious metals, the financial markets, and greater economic trends.

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Brian

Question: Why does he refer to ounces instead of Troy ounces? The calculation is correct for ounces to tons but silver is measured in Troy ounces.