After the movement of only 1 single silver bar to report with yesterday's COMEX inventory report, we have 2 inventory movements to report from today's COMEX inventory update: another single bar withdrawn from Delaware vaults, and a massive withdrawal from Scotia.
COMEX WAREHOUSE SILVER INVENTORY UPDATE 10/25/11
*The Delaware Depository had another bar (965 ounces this time) withdrawn from eligible vaults
*Scotia Mocatta had a large withdrawal of 400,391 ounces out of eligible vaults
*No Changes for HSBC, JP Morgan, or Brink's
*TOTAL REGISTERED SILVER Inventories are again unchanged at 31,584,198 ounces
*TOTAL ELIGIBLE SILVER Inventories declined a net 401,356 ounces to 74,359,032 ounces
*TOTAL COMEX SILVER Inventories declined to 105,943,230 ounces