Apparently more sold than purchased.
With the increased Comex futures price share preventing a part of the price drop from happening.
But figures 'round show it.
http://www.cftc.gov/dea/futures/other_lf.htm
http://www.cftc.gov/MarketReports/CommitmentsofTraders/HistoricalViewable/index.htm
middle figure is total net amount (all longs + all shorts) of 5000 ounces positions
16/12/2014 33997 $15.87
09/12/2014 35357 $17.12
02/12/2014 26576 $16.31
25/11/2014 22043 $16.56
18/11/2014 18367 $16.08
11/11/2014 17612 $15.66
04/11/2014 12408 $15.77
The biggest (330 Moz, 1/3 of worlds annual, now) physically backed silver ETF IShares:
http://us.ishares.com/product_info/fund/overview/SLV.htm
2014/11/21 349,296,169.60 $16.3
2014/11/25 347,954,751.20 $16.66
2014/12/01 350,158,280.00 $15.73 PEAK X
2014/12/02 347,427,315.10 $16.16
2014/12/04 345,223,919.70 $16.42
2014/12/11 342,350,201.70 $16.98
2014/12/12 341,009,164.10 $17.07
2014/12/17 338,997,763.10 $15.95
2014/12/19 338,135,759.30 $15.86
2014/12/23 332,293,606.30 $15.71
2014/12/24 330,569,731.90 $15.77
Selling 'like lemmings again that 30 Moz - sized volatile part of it.

So I decided to skip Christmas purchased, and hold the fiat ammo for a next opportunity, as it looks like, 33997 - 12408 = 21589 x 5000 per hedge contract = 108 Moz sales not reflected in the price (yet). Since a price dollar seems to correspond to a 70 Moz supply/demand change, that's $1.5 down so $14 looks like a reasonable target to reoccur.
In gold, the biggest stock backed ETF SPDRs dropped for the first time since the now 3 years lasting bear market, under 23 Moz
http://www.spdrgoldshares.com/
It has been over 40 Moz in 2011 (january and august).
So they still have some left to dump.
Tho the biggest ones (institutionals) mostly got out. They seem to be smarter. SPDR gold had in 2011 an Institutionals share of 50%.