Tuesday, February 7, 2012

2 Million Ounces of Silver Withdrawn from Scotia Vaults Monday

910Scotia Mocatta had a withdrawal of 1,925,349 ounces out of eligible silver vaults Monday, as massive inventory draw-downs continued during February delivery.
Again, for those new to SD or needing a refresher on COMEX inventory statistics, see The Doc's explanation here.


*Brink's received a small deposit of 4,900 ounces into eligible vaults
*Brink's also had a small withdrawal of 2,046 ounces out of eligible vaults

*Delaware received a deposit of 2,000 ounces into eligible vaults
*Delaware also adjusted 67,881 ounces OUT of registered vaults, and into eligible vaults

*HSBC had a small withdrawal of 5,273 ounces out of eligible vaults

*No Change for JP Morgan

*Scotia Mocatta had a massive withdrawal of 1,925,349 ounces out of eligible vaults

*TOTAL COMEX REGISTERED Silver inventories declined to 35,921,056 ounces
*TOTAL COMEX ELIGIBLE Silver inventories declined to 93,049,136 ounces
*TOTAL COMEX Silver inventories declined a net 1,925,768 ounces to 128,970,192 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