Tuesday, January 17, 2012

COMEX Silver Inventory Update 1/17/2012

Only 2 inventory movements to report from Friday's COMEX Warehouse action, as inventory movements were quiet ahead of the 3 day MLK weekend.


*Brink's received a deposit of 25,725 ounces into eligible vaults
*Brink's also had a withdrawal of 366,285 ounces out of eligible vaults

*HSBC adjusted 1 contract (5,000 oz) out of eligible vaults and into registered

*No Changes for Delaware, JP Morgan, or Scotia Mocatta

*TOTAL COMEX REGISTERED SILVER Inventories increased a net 5,000 ounces to 36,703,160 ounces
*TOTAL COMEX ELIGIBLE SILVER Inventories declined a net 345,560 ounces to 88,935,835 ounces
*TOTAL COMEX SILVER Inventories declined to 125,638,995 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