Wednesday, November 30, 2011

COMEX Silver Inventory Update 11/30/2011

We have zero deposits, zero changes to registered inventories, but 3 withdrawals to report from Tuesday's COMEX silver warehouse inventory movements.

COMEX WAREHOUSE SILVER INVENTORY UPDATE 11/30/11

* No changes for Brink's or JP Morgan

*Delaware had a small withdrawal of 4,046 ounces out of eligible vaults

*HSBC
had a small withdrawal of 982 ounces out of eligible vaults

*Scotia Mocatta had a withdrawal of 40,688 ounces out of eligible vaults


*TOTAL COMEX REIGISTERED SILVER
Inventories were unchanged at 34,051,874 ounces
*TOTAL COMEX ELIGIBLE SILVER Inventories declined a net 45,716 ounces to 74,093,941 ounces
*TOTAL COMEX Silver Inventories declined to 108,145,815 ounces

1.4 Million ounces of MF Global Clients' registered silver remains confiscated (likely by JP Morgan) and unavailable for delivery


*Registered ounces of metal currently not available  for delivery as
of 11/4/11 due to MFGI bankruptcy. Included in above totals.


DEPOSITORY  Registered 
Brinks 210,320
Delaware 65,706
HSBC 793,734
Scotia Mocatta 351,156