The most interesting detail in the report is a 582,852 ounce deposit into HSBC vaults, EXACTLY the same as the 582,852 ounce deposit into HSBC vaults the CME reported Tuesday.
Coincidental???
COMEX WAREHOUSE SILVER INVENTORY UPDATE 1/4/12
*Brink's received a deposit of 599,781 ounces into eligible vaults
*Brink's also had a withdrawal of 300,062 ounces out of eligible vaults
Here's where things get interesting.
*HSBC received a deposit of 582,852 ounces into eligible vaults, exactly the same as a 582,852 ounce deposit reported Monday. (No, The Doc did not download Tuesday's report again in error, the 582,852 ounce deposit into HSBC vaults is the only identical movement from Tuesday's report)
*Scotia Mocatta reported a massive deposit of 1,197,290 ounces into eligible vaults
*Scotia also reported a withdrawal of 300,169 ounces out of eligible vaults
*No Changes for Delaware or JP Morgan
*TOTAL REGISTERED COMEX Silver Inventories were unchanged at 34,832,060 ounces
*TOTAL ELIGIBLE COMEX Silver Inventories increased a net 1,779,692 ounces to 84,274,264 ounces
*TOTAL COMEX SILVER INVENTORIES increased to 119,106,324 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 |