COMEX Registered Silver Supplies Down Another 3% to 28.7 Million Oz

This is getting just downright entertaining. Friday's COMEX silver statistics updated this afternoon indicate that registered COMEX silver inventories dropped another COOL MILLION ounces on Friday 6/3, leaving registered silver supplies at a scant 28,773,375 ounces.  (Thursday 6/2 saw COMEX registered supplies at 29,636,513)

*The biggest move was in the HSBS vault, which saw 438,708 ounces adjusted from COMEX registered supplies to the eligible category. 
*Scotia Mocatta also saw 5,137 ounces adjusted from registered to eligible. 
*Brink's saw 375,781 ounces of registered silver taken completely off their hands on Friday (withdrawn).

We give it another week before US silver eagle sales through 2011 surpass the remaining COMEX registered silver inventories.  July is shaping up to be quite the party!


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