3 card monte continues to accelerate in COMEX silver warehouses, as Brink's and HSBC combined to transfer 2.626 million ounces of mostly REGISTERED silver into Scotia Mocatta vaults Wednesday!
COMEX WAREHOUSE SILVER INVENTORY UPDATE 2/2/12
*Brink's received a large deposit of 1,190,894 ounces into REGISTERED vaults
*Brink's also had a small deposit of 2,146 ounces into eligible vaults
*Brink's had a massive withdrawal of 2,287,779 ounces out of REGISTERED vaults
*HSBC had a withdrawal of 338,460 ounces out of eligible vaults
If you add the 338,460 ounce withdrawal from HSBC and the 2,287,779 ounce withdrawal from Brink's, that comes to 2,626,239 ounces.
*Scotia Mocatta just happened to coincidentally report a deposit of 2,626,240 ounces into eligible vaults. They tossed a freaking silver eagle into the pile of HSBC & Brink's phyzz that was hustled into Scotia's vaults to put out February delivery fires!
*No changes for JPM or Delaware
This is becomingly unbelievably blatant as it is clear that the amount of physical silver actually available to satisfy delivery demands is practically non-existent.
*TOTAL REGISTERED Inventories declined a net -1,096,885 ounces to 35,441,343 ounces
*TOTAL ELIGIBLE Inventories increased a net 2,289,926 ounces to 94,734,725 ounces
*TOTAL COMEX Silver inventories increased to 130,176,068 ounces
