Wednesday, April 4, 2012

COMEX Warehouse Silver Inventory Update 4/4/12

910
With yesterday's massive paper smash, physical inventory movements were quiet in COMEX silver warehouses, with only
1 movement to report, a large withdrawal from the Brink's vault.

COMEX WAREHOUSE SILVER INVENTORY UPDATE 4/4/12



*Brink's had a large withdrawal of 299,292.390 ounces out of eligible vaults


*No Changes for Delaware, JP Morgan, HSBC, or Scotia Mocatta


*TOTAL REGISTERED Silver was unchanged at 31,531,598.333 ounces
*TOTAL ELIGIBLE Silver declined 299,292.390 ounces to 106,657,225.200 ounces
*TOTAL COMEX Silver declined to 138,188,823.533 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