JP Morgan Increases Eligible Silver Inventory 225% OVERNIGHT

Not a big deal, seriously.

Anyone with 23.5million AUD can buy it out.

That's small change in the scheme of things with the amount of paper dollars and derivatives.

Slam
 
I think that something very interesting is going on and soon we will see the result of it. I follow the Harvey Organ's Daily COMEX inventories report on a daily basis and this kind of activity is very unusual.

Harvey says: "Whenever you see huge movements into a vault and out a vault, you can be sure that they are having trouble settling the long holders". I read his report for many months every day and in did this is usually the case, when bigger than usual quantities of metal start exchanging hands or being relocated between vaults the price tends to move shortly after. Let's wait and see.

http://harveyorgan.blogspot.com
 
Eligible silver is silver already sold sitting in the warehouse, without owners taking delivery.
Registered silver is the one available for sale
 
There are allot of people and organizations that would not even struggle to buy all of that, so as Slam rightfully noted - no big deal.
 
It may not be a large amount of money but is it an unusual occurence? Is this something that happens quite often or is it an anomaly?
 
Its only an increase of 180 ounces for every silver stackers member, so no not really a huge amount. But yes unusual...
 
Sargeant Argent said:
For me increasing my silver stack by 180 oz. Would be a HUGE amount! ;)
Click to expand...

Ha ha, yeah its not a small amount to put in your pocket but in the scheme of things, well you know what I mean :P
 
bennybbc said:
Sargeant Argent said:
For me increasing my silver stack by 180 oz. Would be a HUGE amount! ;)
Click to expand...

Ha ha, yeah its not a small amount to put in your pocket but in the scheme of things, well you know what I mean :P
Click to expand...
180 oz in your pocket ? you want to tighten your belt !!! :p:
 
renovator said:
bennybbc said:
Sargeant Argent said:
For me increasing my silver stack by 180 oz. Would be a HUGE amount! ;)
Click to expand...

Ha ha, yeah its not a small amount to put in your pocket but in the scheme of things, well you know what I mean :P
Click to expand...
180 oz in your pocket ? you want to tighten your belt !!! :p:
Click to expand...

Is that 180oz's of silver in your pocket or are you just happy to see me? :lol:
 
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