Tuesday, January 3, 2012

Massive Inventory Turnover Continues in COMEX Silver Vaults

910We have massive inventory volatility to report again from Friday's COMEX silver inventory, including 3 movements in Brink's vaults involving REGISTERED silver.


*Brink's received a large deposit of 596,350 ounces into REGISTERED vaults
*Brink's also had a large withdrawal of 268,115 ounces out of REGISTERED vaults
*Brink's also had a withdrawal of 300,798 ounces out of eligible vaults
*Brink's also adjusted 2,100 ounces out of eligible vaults & into REGISTERED vailts

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

*HSBC received a large deposit of 582,852 ounces into eligible vaults

Silver inventory increased a net 330,335 ounces to 34,832,060 ounces
*TOTAL COMEX ELIGIBLE Silver inventory increased to 83,077,424 ounces
*TOTAL COMEX SILVER Inventory increased to 117,909,484 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