While we only have 2 COMEX silver inventory movements to report from Wednesday's action, they are both massive deposits, with over 2 million ounces of silver being deposited into HSBC & Brink's vaults.
COMEX WAREHOUSE SILVER INVENTORY UPDATE 1/5/12
*Brink's received a large deposit of 273,423 ounces into eligible vaults
*HSBC received a massive deposit of 1,745,768 ounces into eligible vaults
*No Changes for Delaware, JP Morgan, or Scotia Mocatta
*TOTAL REGISTERED COMEX Silver inventories were unchanged at 34,832,060 ounces
*TOTAL ELIGIBLE COMEX Silver inventories increased a net 2,019,191 ounces to 86,293,455
*TOTAL COMEX SILVER Inventories increased to 121,125,515 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.