COMEX Warehouse Silver Inventory Update 3/12/12

After last week's slight of hand saw 3 million ounces of silver disappear from Brink's vaults Tuesday only to magically appear in Scotia's vault the next day, we have only 1 silver inventory movement to report with today's update- a large withdrawal out of Scotia's vault.

COMEX WAREHOUSE SILVER INVENTORY UPDATE 3/12/12

*Scotia Mocatta had a large withdrawal of 620,117 ounces out of eligible vaults

*No changes for Brink's, Delaware, HSBC, or JP Morgan

*TOTAL REGISTERED Silver was unchanged at 34,439,847 ounces
*TOTAL ELIGIBLE Silver declined to 95,878,617 ounces
*TOTAL COMEX Silver Inventories declined to 130,318,464 ounces


Once again, NO MENTION OF THE CME OF THE MISSING 1.4 MILLION OUNCES OF REGISTERED SILVER!!

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

Link to today's CME report is here