Several large movements in COMEX warehouse silver inventories to report from yesterday 7/7's trading action.
Both registered and eligible silver supplies had a net increase for the day.
COMEX Silver Warehouse Inventory Summary for 7/8/2011
*Brink's had a large deposit of 600,974 ounces into eligible vaults
*Socotia Mocotta had a large deposit of 595,674 ounces into eligible vaults
*Scotia Mocotta had a separate withdrawal of 13,692 ounces out of eligible vaults
*Scotia Mocotta also had an adjustment of 109,263 ounces from eligible into registered vaults
*HSBS had a small withdrawal of 1,075 ounces out of eligible vaults
*Delaware Depository had a small withdrawal of 4,041 ounces out of eligible vaults
*The only vault without ANY movement for the day was once again JP Morgue's
*Total Registered COMEX silver inventories increased to 28,190,294 ounces
*Total Eligible COMEX silver inventories increased to 71,660,163 ounces
*Total COMEX Silver inventories increased to 99,850,457 ounces