GOLD

37,516 ozs withdrawn from the dealers (registered) category
1,073 ozs withdrawn from the customer (eligible) category
Total dealer inventory 2.78 Mozs
Total customer inventory 8.51 Mozs
Combined Total 11.29 Mozs

There were 37.5 Kozs of gold withdrawn from the dealer inventory and a paltry 1,073 ozs withdrawn from the customer inventory. There were 0.18 Mozs of silver withdrawn from the customer inventory. There were 0.24 Mozs withdrawn from the dealer inventory. We still have a "102" handle on the total inventory but note how low the registered inventory is and fast approaching 40 Mozs!

There were 160 delivery notices issued in the FEB gold contract. The FEB gold delivery notice total for the month is 10,595 notices or 1,059,500 ozs.

There were 2 delivery notices issued in the FEB silver contract. The FEB silver delivery notice total for the month is 356 or 1.8 Mozs. There were only 291 cumulative notices yesterday but with 2 more issued the total is now 356!

The OI in FEB gold increased to 943 contracts which together with the issued delivery notices means that the potential for delivery is 1.15 Mozs or 41% of the registered inventory. The silver MAR open interest increased to 62,692 contracts; the MAR OI in silver refuses to back off and silver is in backwardation; the cartel has a big problem in silver delivery coming their way!
Cheers
Adrian

SILVER

ZERO ozs withdrawn from the dealer’s (registered) inventory
333,359 ozs deposited in the customer (eligible) inventory
Total dealer inventory 41.92 Mozs
Total customer inventory 60.84 Mozs
Combined Total 102.76 Mozs

GOLD 125,864 ozs withdrawn from the dealers (registered) category
1,162 ozs withdrawn from the customer (eligible) category
Total dealer inventory 2.66 Mozs
Total customer inventory 8.51 Mozs
Combined Total 11.17 Mozs

There were 125.8 Kozs of gold withdrawn from the dealer inventory and a paltry 1,162 ozs withdrawn from the customer inventory. The last few days we have started to see some more significant withdrawals in gold from the dealer inventory. There were 0.33 Mozs of silver deposited in the customer inventory. We still have a “102” handle on the total inventory.

Comex failed to update the delivery notice data today.

The FEB gold delivery notice total for the month is 10,595 notices or 1,059,500 ozs.

The FEB silver delivery notice total for the month is 356 or 1.8 Mozs.

The OI in FEB gold decreased to 831 contracts which together with the issued delivery notices means that the potential for delivery is 1.15 Mozs or 41% of the registered inventory. The silver MAR open interest decreased to 61,237 contracts; the MAR OI in silver refuses to back off and silver is in backwardation; the cartel has a big problem in silver delivery coming their way!
Cheers
Adrian