The Morgue stirs!
Massive inventory volatility continued Tuesday in COMEX Silver warehouse vaults, with the first registered silver movement in ages as Scotia Mocatta lost 120,553 ounces from REGISTERED vaults, and JP Morgan received over 1/2 million ounces into eligible vaults.
COMEX WAREHOUSE SILVER INVENTORY UPDATE 10/12/11
*Brink's had a large withdrawal of 355,456 ounces out of eligible vaults
*The Delaware Depository received a small deposit of 1,086 ounces into eligible vaults
*No Changes for HSBC
*The Morgue received a deposit of 509,134 ounces into eligible vaults
*Scotia Mocatta had a withdrawal of 120,553 ounces out of REGISTERED vaults
*Scotia also had a withdrawal of 25,760 ounces out of eligible vaults
*Scotia also received a deposit of 404,068 ounces into eligible vaults
*TOTAL REGISTERED COMEX Silver declined by 120,553 ounces to 30,970,545 ounces
*TOTAL ELIGIBLE COMEX Silver increased a net 533,072 ounces to 75,327,620 ounces
*TOTAL COMEX Silver inventories increased to 106,298,165 ounces