Massive inventory movements in COMEX vaults continued on Wednesday 6/29, once again, all in the eligible category. For the second day in a row, not a single ounce in registered (deliverable) silver vaults changed hands.
Eligible COMEX silver inventories saw a net gain of 513,857 ounces for the day.
COMEX Warehouse SILVER Summary 6/29/2011
*Brink's had a massive deposit of 1,198,551 ounces into eligible vaults
*Brink's also had a large withdrawal of 250,852 ounces from eligible vaults
*Scotia Mocotta had a 101,025 ounce deposit as well as a 100,318 ounce withdrawal from eligible vaults, for a net gain of 707 ounces. (Somebody could have gotten their heads together and saved a lot of effort moving those loads in and out)
*HSBS had a large withdrawal of 444,285 ounces from eligible vaults
*Delaware Depository had a small deposit of 9,736 ounces (2 contracts) into eligible vaults
*The Morgue has lived up to its name- still absolutely no movement since the 39% increase in 2 days in early May.
*Total Registered Silver inventories were again unchanged, holding stead at 28,090,714 ounces
*Total Eligible Silver inventories increased 513,857 ounces to 71,359,723 ounces
*Total COMEX Silver inventories increased to 99,450,437 ounces.
