The CRIMEX silver warehouse inventory report today for Friday 7/29/2011 saw registered (deliverable) silver supplies increase by 607,476 ounces thanks to an adjustment in the Brink's vault. Deliverable silver inventories are now at 27,336,846 ounces.
Massive volatility continued with numerous large withdrawals and deposits into COMEX vaults.
COMEX Silver Inventory Report 8/1/2011
*Brink's had an adjustment of 612,400 ounces from eligible into registered supplies
*Brink's had a withdrawal of 666,154 ounces from eligible vaults
*Brink's had a deposit of 739,797 ounces into eligible vaults
*Scotia Mocotta had a deposit of 310,419 ounces into eligible vaults
*Scotia Mocotta had a withdrawal of 40,008 ounces out of eligible vaults
*The Delaware Depository had a withdrawal of 12,602 out of eligible vaults
*The Delaware Depository had an adjustment of 4,924 ounces from registered into eligible supplies
*Our cartel friends The Morgue and HSBS were the only vaults with no action on the day.
Total COMEX Registered Silver increased a net 607,476 ounces on the day to 27,336,846 ounces
Total COMEX Eligible Silver declined a net 286,024 ounces on the day to 77,160,897 ounces
Total COMEX Silver supplies increased a net 321,452 ounces on the day to 104,497,743 ounces.