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COMEX Registered Silver Supplies Down to 29.6 Million Ounces
Silver Doctors ^ | 6/1/11 | staff

Posted on 06/01/2011 10:07:29 PM PDT by Nachum

COMEX warehouse data for 5/31 is out, and COMEX registered silver inventories are now officially below 30 million ounces, registering in at 29,631,268 ounces! As there were 31.1 million ounces of silver as of last Friday, this means 1.471 million ounces of silver were lost from COMEX registered silver supplies yesterday. It appears that most of this loss was not due to a withdrawal, but rather was due to an adjustment from Scotia Mocatta, which recorded an adjustment of 1,456,488 ounces from registered to eligible status! (Eligible silver does not qualify as inventory that can be delivered to longs).

(Excerpt) Read more at silverdoctors.blogspot.com ...


TOPICS: Business/Economy
KEYWORDS: comex; registered; silver; supplies

1 posted on 06/01/2011 10:07:32 PM PDT by Nachum
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To: Jet Jaguar; NorwegianViking; ExTexasRedhead; HollyB; FromLori; EricTheRed_VocalMinority; ...

The list, ping

Let me know if you would like to be on or off the ping list

http://www.nachumlist.com/


2 posted on 06/01/2011 10:12:31 PM PDT by Nachum (The complete Obama list at www.nachumlist.com)
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To: Nachum

Thanks for the ping. I have been following this. Short paper silver and hold on to the bullion. I am afraid hell is coming sooner than most are aware of.


3 posted on 06/01/2011 10:47:42 PM PDT by PA Engineer (SP/AW12: Time to beat the swords of government tyranny into the plowshares of freedom.)
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To: PA Engineer

I knew this was happening. I’m no expert but I’m an advid reader of the forcasters, experts (Peter DeGraff, my latest study, says that COMEX is up to its eyeballs with allowing this SH!T happen) and I (try) buy on the dips, just a little at a time. Silver lining, (pun not intented, but apprapo) - I can buy it cheap.


4 posted on 06/01/2011 11:54:59 PM PDT by Studebaker Hawk (It's said these geeks are a dime-a-dozen. I'm looking for the man with the dimes. Freddy Blassie)
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To: Studebaker Hawk; PA Engineer; Nachum

I was recently told that if we monitized all paper currency to silver, it would be $3,200.00/oz. Is this correct? Anyways....I’m waiting for silver to tumble into the mid 20s before loading the boat with Englehard silver bars. Hell, I may buy a contract or two.


5 posted on 06/02/2011 5:32:16 AM PDT by DCBryan1 (FORGET the lawyers...first kill the "journalists". (Die Ritter der Kokosnuss))
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To: DCBryan1

>Anyways....I’m waiting for silver to tumble into the mid 20s before loading the boat with Englehard silver bars. Hell, I may buy a contract or two.<

It may never get that low again for MANY MANY years.


6 posted on 06/02/2011 2:36:34 PM PDT by Munz (All tyranny needs to gain a foothold is for people of good conscience to remain silent.)
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