Monday, December 12, 2011

COMEX Silver Inventory Update 12/12/2011

910
Massive inventory volatility in COMEX Silver vaults continued Friday, with several massive deposits and withdrawals, as well as 2 adjustments in REGISTERED vaults.

COMEX WAREHOUSE SILVER INVENTORY UPDATE 12/12/11
*Brink's received a large deposit of 724,752 ounces into eligible vaults
*Brink's also had a large withdrawal of 255,939 ounces out of eligible vaults

*Delaware received a deposit of 45,982 ounces into eligible vaults
*Delaware also adjusted 47,909 ounces into eligible vaults.  No mention of a similar adjustment out of registered vaults, the 47,909 ounces simply appeared, David Copperfield style.

*HSBC had a withdrawal of 15,774 ounces out of eligible vaults
*HSBC also adjusted 5,123 ounces out of eligible vaults, and into registered vaults
*No Changes for The Morgue

*Scotia Mocatta adjusted 5,232 ounces out of eligible vaults, and into registered

*TOTAL COMEX REGISTERED Silver inventories increased a net 10,355 ounces to 34,217,104 ounces
*TOTAL COMEX ELIGIBLE Silver inventories increased to 76,745,085 ounces
*TOTAL COMEX SILVER Inventories increased to 110,962,189 ounces

Once again, NO MENTION OF THE CME OF THE MISSING 1.4 MILLION OUNCES OF REGISTERED SILVER!

As a strangely coincidental supply turned up in JPMorgan vaults almost simultaneously as the MFGlobal clients phyzz went missing, until the CME provides an update of what happened to this stolen inventory, The Doc will continue to provide the last available info on this from the CME:

*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
TOTAL                                                               1,420,916