Monday, November 21, 2011

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

9 comments:

44 mag.629 classic said...

Hey morgue,crash and burn you fucks!

Anonymous said...

ERNIE HARWELL, THOSE WERE MORE HONEST TIMES... I STILL MISS HIS VOICE....

Anonymous said...

you wanna know where that silver is? It's in the back of my Winnebago and I'm going lickety split down I 95 to vegas. I'm gonna have a real good time. 1,000,000 ounces of silver and I'm gonna put the whole thing on RED Whoo Hooo!!!!
Frig the Morgue we gonna party

Trey said...

Jpm hasn't resolved the Lawsuits stemming from their takeover of Washington Mutual in oct 08. By the time they settle the litigation they won't be in business. Jamie Diamond sucks hair balls through his @ss. END GAME is here and NOW!!!!!

Jillyan said...

What is likely to happen to silver during December? I want to give my grandchildren silver coins for Christmas so need to tell them something about the value. They usually want to spend their money and I want to teach them about caring for their future.

Pat Fields said...

The awful thought is creeping into my mind that this magically appearing bullion could be pilfered from 'retirement accounts'. That isn't beyond possibility, given the specters we've been treated to recently.

Anonymous said...

Correction Dimon sucks buttermilk up his ass, through a long straw

Anonymous said...

sooner thanlater..the whole thing is gonna craCK..GIVING SILVER FOR GIFTS IS GREAT IDEA...

Anonymous said...

Real commodities are PHYSICAL assets. Paper representations of commodities are just like paper money.

Just think, NONE of the TBTF banks would even exist within a system where currency is based on a sound money system. There would be absolutely no need for them in any of their present forms.

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