Monday, April 2, 2012

Brink's, HSBC, JP Morgan All Receive 600k Ounce Silver Deposits Friday

910600k ounce silver deposits continued in COMEX silver warehouses Friday, with JP Morgan, HSBC, and Brink's all reporting 600k ounce deposits.
Amazingly, none of these deposits are even interesting compared to the adjustment made in Delaware's vault.


COMEX WAREHOUSE SILVER INVENTORY UPDATE 4/2/12



*Brink's received a deposit of 596,696.010 ounces into REGISTERED vaults


*The Delaware Depository had a small withdrawal of 12,244.524 ounces out of eligible vaults
*Delaware also reported an adjustment of 0.017 ounces out of registered vaults, with 0.014 ounces adjusted into eligible vaults, and 0.003 ounces vanishing into thin air.
Apparently a vault employee polished the dross off of Delaware's stack Friday.  LOL



*HSBC received a very similar deposit to Brink's only into eligible vaults: 559,184.600 ounces


*JP Morgan also received a deposit of 629,225.400 ounces into eligible vaults


*No Changes for Scotia Mocatta


*TOTAL REGISTERED Silver increased 596,696.010 ounces to 34,635,704.103 ounces
*TOTAL ELIGIBLE Silver increased 927,859.176 ounces to 103,961,732.160 ounces
*TOTAL COMEX SILVER increased to 138,597,436.263 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
TOTAL                                                               1,420,916