Friday, December 16, 2011

Scotia, Delaware, & Brink's All Adjust REGISTERED Silver Inventories

910
Simply massive inventory volatility to report from COMEX warehouse silver inventory movements Thursday.  We had adjustments of registered silver in 3 different vaults, 4 deposits, and 1 withdrawal to report, including a strangely suspicious movement in the Brink's/Scotia vaults.

COMEX WAREHOUSE SILVER INVENTORY UPDATE 12/16/11

*Brink's had a deposit of 592,718 ounces into REGISTERED vaults
*Brink's also had a deposit of 4,203 ounces into eligible vaults
*Brink's also adjusted 10,321 ounces out of registered, and into eligible vaults

*Delaware received a small deposit of 985 ounces into eligible vaults
*Delaware also adjusted 59,382 ounces out of registered, and into eligible vaults

*No Changes for HSBC or The Morgue


*Scotia Mocatta received a deposit of 268,114 ounces into eligible vaults
*Scotia also adjusted 10,250 ounces out of eligible vaults and into registered-
A suspiciously similar number to the 10,321 that was adjusted in Brink's vaults. 
Has 10,250 ounces of Brink's registered phyzz just been transferred to Scotia to put out a delivery demand fire at Scotia?


*TOTAL COMEX REGISTERED SILVER increased a net 533,265 ounces to 34,084,040 ounces
*TOTAL COMEX ELIGIBLE SILVER increased a net 296,311 ounces to 77,895,005 ounces
*TOTAL COMEX SILVER INVENTORIES increased to 111,979,045 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