Wednesday, November 2, 2011

COMEX Silver Inventory Update 11/2/2011

Tonight's COMEX Silver Inventory Update is later tonight than usual as I am literally still at the office for the day job.
That said, while today's report is less exciting than yesterday's which saw over 300,000 ounces of registered phyzz leave COMEX vaults, we have several inventory movements to report, including a magical appearance of 68 ounces into JPM vaults.

*No Changes for Brink's, HSBC, or Scotia Mocatta

*Delaware received a deposit of 327,849 ounces into eligible vaults
*Delaware also had a withdrawal of 10,000 ounces out of eligible vaults

*JP Morgan- adjusted 68 ounces into eligible vaults.  Not out of registered and into eligible, just into eligible.
That's a nice trick...perhaps Blythe has been studying from the man who attempted to turn his own faeces into gold a few weeks ago.

*TOTAL COMEX REGISTERED Silver Inventories were unchanged at 31,189,326 ounces
*TOTAL COMEX ELIGIBLE Silver Inventories increased to 75,835,220 ounces
*TOTAL COMEX Silver Inventories increased to 107,024,546 ounces