The Phaserl


2.5 Million Oz of Silver Withdrawn From Brinks’ Registered Vaults, JPM Transfers 90k Oz to Scotia

from Silver Doctors:

We have unprecedented silver inventory volatility to report from Friday’s COMEX silver action, with the big news being a massive 2.5 million ounce REGISTERED (dealer) silver withdrawal from Brink’s.

There was a total of 4 inventory movements involving dealer (registered) inventories, and 9 total inventory movements to report.

Besides the massive withdrawal from Brink’s vaults, there was also an 89,842.240 ounce silver withdrawal from JP Morgan, and a coinciding identical 89.942.240 oz deposit into Scotia Mocatta.

In summary: We’re long Post-It-Notes.

Read More @ Silver Doctors

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