JP Morgan Adds Another 613,738 Ounces to Silver Vaults

We told you that things were getting interesting as the cartel is frantically moving the phyzz all over like musical chairs attempting to prevent December delivery defaults in silver.  Last Wednesday we reported JP Morgan tripled their registered silver inventory overnight, then on Friday, the CME reported that Brink's transferred 615,920 ounces of registered silver into Scotia Mocatta eligible vaults.
Today, the CME reports that The Morgue has received a new almost identical deposit to the Friday switcharoo- of 613,738 ounces into The Morgue.

COMEX SILVER WAREHOUSE INVENTORY UPDATE 11/21/11

*Brink's received a deposit of 4,725 ounces into eligible vaults

*Delaware had a small withdrawal of 1,015 ounces out of eligible vaults

*HSBC adjusted 4,981 ounces of silver out of REGISTERED vaults, and into eligible vaults
*HSBC also had a large withdrawal of 245,120 ounces out of eligible vaults

*JP Morgan received a massive deposit of 613,738 ounces into eligible vaults

*Scotia Mocatta had no changes

*TOTAL REGISTERED COMEX SILVER declined by 4,981 ounces to 32,563,955 ounces
*TOTAL ELIGIBLE COMEX SILVER increased to 76,082,263 ounces
*TOTAL COMEX SILVER increased to 108,646,218 ounces

And The Morgue continues to hold over a million ounces of MF Global clients PHYSICAL SILVER hostage.  Don't count on ever seeing your silver again folks if you are one of these customers.  As Ernie Harwell used to say- By now you can bet it is LOOONG GONE!

*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