Several large silver movements to report from Friday. Extreme volatility and movement of COMEX warehouse stocks continues.
The real excitement should commence soon as silver's July delivery month kicks into full gear.
COMEX Warehouse Inventory Update for Friday 6/24/2011
*Brink's had a 40,273 ounce deposit into Eligible vaults
*Scotia Mocotta had a large withdrawal of 365,240 ounces from Eligible vaults
*HSBS had a large deposit of 1,426,355 ounces into Eligible vaults
*HSBS also had a small adjustment of 5,100 ounces from Registered into Eligible category
* Delaware Depository had a withdrawal of 33,428 ounces of silver from Eligible vaults
*Our friends at The Morgue have still not moved a single ounce since early May.
*Total Registered Silver inventories increased a net 860,622 ounces for the day and are back up to 28,377,691
*Total Eligible Silver Inventories increased a net 207,338 ounces for the day and are back up to 70,549,901
*Total COMEX Silver Inventories increased to 98,927,592.