Tuesday, December 6, 2011

COMEX Silver Inventory Update 12/6/2011

Massive inventory volatility in COMEX silver warehouses continued Monday, with 5 inventory movements to report, including an adjustment OUT of registered vaults by HSBC!
COMEX WAREHOUSE SILVER INVENTORY UPDATE 12/6/11


*Brink's received a deposit of 1,056 ounces into eligible vaults
*Brink's also had a withdrawal of 8,291 ounces out of eligible vaults

*Delaware
received a deposit of 4,010 ounces into eligible vaults

*HSBC adjusted 10,380 ounces out of REGISTERED and into eligible vaults


*No Changes for JP Morgan


*Scotia Mocatta
had a withdrawal of 21,110 ounces out of eligible vaults

*TOTAL COMEX REGISTERED SILVER Inventories declined by 10,380 ounces to 34,258,009 ounces
*TOTAL COMEX ELIGIBLE SILVER Inventories declined to 74,148,838 ounces
*TOTAL COMEX SILVER Inventories declined to 108,406,847 ounces


Once again, suddenly 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