Sunday, November 20, 2011

Did Somebody Say Phyzz?? 615,920 Ounces of Brink's REGISTERED Silver Transferred to Scotia's ELIGIBLE Vaults

We apologize for the delay in getting you Friday's COMEX Silver Inventory update- The Doc has been exhausted from working 120 hour weeks between the day job and keeping SD readers always up to date, and needed a slight break to charge the batteries. 
A slight break, and also some time to work on an animated vid that readers should enjoy- BullRun & I are having a blast writing it.  Sunday's posting will also likely be slower than normal as well due to work on the vid and some needed quality family time.
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*Brink's had a large withdrawal of 615,920 ounces out of REGISTERED vaults
*Brink's also received a small deposit of 3,723 ounces into eligible vaults

*No Changes for Delaware or JP Morgan

adjusted 5,001 ounces OUT of REGISTERED vaults, and into eligible
*HSBC also had a withdrawal of 4,726 ounces out of eligible vaults

*Scotia Mocatta had a withdrawal of 4,738 ounces out of REGISTERED vaults
*Scotia also had a withdrawal of 10,517 ounces out of eligible vaults
*Scotia also received a deposit of 615,920 ounces into ELIGIBLE vaults

Now go back and look at Brink's big withdrawal again.

That's right, 615,920 ounces of silver were shuffled from Brink's REGISTERED vault into Scotia Mocatta's ELIGIBLE.  Either someone just decided that 615,920 ounces of their silver is not for sale, or the COMEX shuffle is attempting to prevent December delivery concerns from blowing up the COMEX due to delivery issues for Scotia.

*TOTAL REGISTERED COMEX SILVER declined a net 625,659 ounces to 32,568,936 ounces
*TOTAL ELIGIBLE COMEX Silver inventories increased to 75,704,954 ounces
*TOTAL COMEX SILVER Inventories declined to 108,273,890 ounces