Monday, January 9, 2012

1 Million Ounces of Silver Withdrawn From JPM & Scotia Vaults Friday

Massive inventory continued in COMEX Silver warehouses Friday, with a large adjustment into Delaware's registered vaults, and over one million ounces in withdrawals from JP Morgan and Scotia vaults.


*Brink's received a large deposit of 595,036 ounces into eligible vaults

*The Delaware Depository adjusted 50,600 ounces out of eligible vaults and INTO REGISTERED

*No Changes at HSBC

*JP Morgan
had a withdrawal of 309,197 ounces out of eligible vaults

*Scotia Mocatta had a large withdrawal of 700,832 ounces out of eligible vaults

Silver Inventories increased a net 50,600 ounces to 35,477,441 ounces
*TOTAL COMEX ELIGIBLE Silver Inventories declined a net 465,593 ounces to 86,410,256 ounces
*TOTAL COMEX SILVER Inventories declined to 121,887,697 ounces

Once again, NO MENTION OF THE CME OF THE MISSING 1.4 MILLION OUNCES OF REGISTERED SILVER, which now reportedly per Max Keiser was obtained from JP Morgan by Jamie Dimon threatening Jon Corzine with DEATH unless he turned over the MFG clients' phyzz and funds!!!

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 latest 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