Friday, June 17, 2011

COMEX Silver Inventory Update 6/17

Not much action in COMEX silver warehouses on Thursday 6/16 to report.

COMEX inventory update:

*Scotia Mocotta received a large 657,023 ounce deposit into eligible inventory
*Deleware depository had a small 3,994 ounce deposit into eligible inventory
*Deleware depository had another small 993 ounce (1 bar) withdrawal from eligible inventory

*Total Registered COMEX Silver supplies remain unchanged at 27,973,884 ounces.
*Total Eligible COMEX silver supplies increased to 71,990,862 ounces.
*Total COMEX silver supplies increased to 99,964,746 ounces.
We'll keep our eyes on COMEX registered silver supplies as the July delivery month draws near.  The rumors are sure to be flying soon about Blythe offering even greater premiums for cash settlements.  We should start an office pool on the July premium Blythe offers...might reach 100% this time.

COMMODITY EXCHANGE, INC.

METAL DEPOSITORY STATISTICS
SILVER Report Date: 6/17/2011
             Activity Date: 6/16/2011

DEPOSITORY
                  PREV TOTAL         RECEIVED          WITHDRAWN         CHANGE          ADJUST          TOTAL



BRINK'S, INC.
Registered      11,428,701                0                                  0                             0                         0              11,428,701
Eligible            10,726,096                0                                  0                             0                         0              10,726,096
Total                    22,154,797                0                                  0                             0                         0              22,154,797


SCOTIA MOCATTA
Registered        4,741,607                0                                      0                               0                             0                4,741,607
Eligible            16,973,962          657,023                            0                       657,023                    0              17,630,985
Total                   21,715,569          657,023                              0                       657,023                    0              22,372,592


HSBC BANK, USA
Registered         6,862,225               0                                    0                             0                         0                6,862,225
Eligible             26,338,022               0                                    0                             0                         0              26,338,022
Total                     33,200,247               0                                    0                             0                         0              33,200,247


DELAWARE DEPOSITORY
Registered         4,941,351                0                                         0                               0                          0                4,941,351
Eligible             16,541,997            3,994                               993                        3,001                     0              16,544,998
Total                    21,483,348             3,994                               993                        3,001                     0              21,486,349


JP MORGAN CHASE BANK NA
Registered                      0                0                                     0                              0                         0                             0
Eligible               750,761              0                                     0                              0                         0                    750,761
Total                      750,761              0                                     0                              0                          0                   750,761


TOTAL REGISTERED
                          27,973,884                0                                        0                                   0                           0              27,973,884

TOTAL ELIGIBLE
                          71,330,838          661,017                             993                          660,024                 0              71,990,862

COMBINED TOTAL
                          99,304,722          661,017                             993                          660,024                 0              99,964,746