COMEX WAREHOUSE SILVER INVENTORY UPDATE 3/19/12
*Brink's received a deposit of 317,855.10 ounces into registered vaults
*JP Morgan received a deposit of 589,020.50 ounces into eligible vaults
*Delaware, HSBC, JPM, and Scotia Mocatta all reported fractional ounce adjustments in what can only be a humorous attempt to make the CME's warehouse reports seem more legitimate. If anything, it makes us question the validity of anything reported by the CME.
*TOTAL REGISTERED SILVER increased a net 317,855.100 ounces to 34,857,764.050 ounces
*TOTAL ELIGIBLE SILVER increased a net 589,020.300 ounces to 98,279,975.590 ounces
*TOTAL COMEX SILVER increased to 133,137,739.640 ounces
While the CME is now reporting inventory levels to 3 decimal places, strangely enough- once again, NO MENTION FROM THE CME OF THE MISSING 1.4 MILLION OUNCES OF REGISTERED SILVER THAT SIMPLY DISAPPEARED IN THE AFTERMATH OF THE MF GLOBAL BANKRUPTCY!
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 |
Link to today's CME report is here
17 comments:
If truth be known, the crooks have probably been "cooking the books" for a long time to keep panic from setting in. Give it a little more time before reality sets in and their fractional accounting methods break down.
I feel sorry for poor ol' Joe who thinks JPM and company are safe places for PM depositories
I feel sorry for all of humanity when the wheels fall off of this debt based society.
testing
I feel sorry for my shorts, I almost went poopy laughing so hard when I saw that 3rd decimal point. CME is a fraud and they know we know, that they know, we know!
CME = Chicago Mercantile Exchange
What other 'good things' have come out of Chicago lately?...
Wikipedia has an article entitled:
"Organized crime in Chicago"
What other major US city has a similar article written about it on Wikipedia?
Maybe that third decimal is reserved for hypothecation.
the 3rd decimal...Mr. Diamond you should be called chief looking glass...your so fucking transparent it's comical...you fucking douchebag...this is it for you this year bub.
"Elliott wave predicts $32659 gold on 16 Jan 2015."
Read about it on 24hgold.com.
That's not CME, this is CME
CRIMINAL MOBSTER'S EXTORTION
""strangely enough- once again, NO MENTION FROM THE CME OF THE MISSING 1.4 MILLION OUNCES OF REGISTERED SILVER THAT SIMPLY DISAPPEARED IN THE AFTERMATH OF THE MF GLOBAL BANKRUPTCY!""
Come on...seriously....buy a friggin clue you guys. You keep going on and on about what amounts to a chasing a ghost. IT CAN'T BE FOUND TODAY BECAUSE IT NEVER EXISTED ! The vault wasn't raided...it was empty to begin with. They're in the business of selling electronic blips on computers...not real physical silver. The JPM increase the next day was just to give everyone something to talk about.
If everyone knew that there WAS NO SILVER, then the rest of the crooks would be forced to open up their vaults for a physical inventory by a 3rd party....and we all know what kind of chaos that would create when everyone found out what is really going on.
Anon 7:17 - Spoken like a "big picture" technocrat.
Yup, I'm back.
Keep Hammerin Doc.
nb
I had a good laugh. Thousandths of an ounce of silver?? But then I thought-- when silver becomes more precious than gold (or when the dollar succumbs to hyperinflation) we might all desire such impeccable accounting.
So much for "(a) Each Contract Unit shall consist of five (5) bars of refined silver cast in bars of one thousand (1,000) troy ounces, with a weight tolerance of 10% either higher or lower."
I here JP's top guys are now buying physical silver, but in small amounts spaced out. They know where the price is going in the next 3-10 years.
I liked the comment about the missing silver was never in the valuts to begin with. Sounds like very good chance the mystery solved. I like the old saying the one that has all the gold an silver rules the world. But this is the new age. Its the one that can control the price of pms that is the richest
"If anything, it makes us question the validity of anything reported by the CME."
Considering that the CME itself is invalid, how can anything they print be more valid than they themselves are?
Good stuff in the comments too. I especially liked the empty vault idea. It has a lot of appeal. I can just see a lot of traders standing around in a big circle jerk when one of them utters the horror of all horrors, "You mean NONE of us has ANY silver!". ;-)
Ed_B
Traders standing around in circle jerk with hands in pockets.
Where did the Silver go?
I thought you had it?
Is there really no Phyzz?
Don't we keep it in a big vault some where?
Hold on...let me check up my ass. Oh wait...that's Obama.
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