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Massive Silver Withdrawals From The Comex - Harvey Organ

We witnessed a massive withdrawal of silver unprecedented in the history of the comex. First there was a smallish 6507 oz of silver deposited to two customers, one being 497 oz and the other 6010 oz). But just look at the huge withdrawals:

Four customers (not dealers) withdrew a total of 1,019,310 oz from the comex vaults. This is real silver leaving from 4 registered vaults. The individual withdrawals are: 579,081, 30,380, 399,994 and 9855 oz.

The dealer (our bankers) also were involved in the withdrawal of silver to the tune of 769,941 oz (there were 2 dealers involved removing 102,866 and 667,875 ozs). When you see this massive drain of silver, the fire is raging. The total silver withdrawal

by both dealer and customer totalled an astronomical 1,789,251. The Brink's trucks must have been very busy yesterday.

The comex folk notified us that an amazing 85 notices were sent down for servicing for a total of 425,000 oz of silver. The total number of silver notices sent down so far total 323 or 1,615,000 oz. To obtain what is left to be served, I take the open interest for January at 153 and subtract 85 deliveries leaving a total of 68 notices or 340,000 oz left to be serviced.

Thus the total number of silver ounces standing in this non delivery month of January is as follows:

1,615,000 oz + 340,000 = 1,955,000 oz (Thursday total = 1,625,000). As promised to you, this number is rising and will continue to rise until the end of the month as our banker cartel scrambles to get any morsel of silver to satisfy the massive demand for this metal.

Our bankers are stunned to see such a huge amount of silver options in a traditionally slow month.

I hope everyone caught the Eric Sprott story on Kingworld news that he is having trouble locating silver. I would also like to report that it has now been several months that the Central Fund of Canada has not added to its inventory of silver and gold.

It looks to me like these 2 ETF's have done considerably damage to our banking cartel by removing valuable physical metal from the market and out of the reaches of these greedy fraudsters.

Withdrawals from Dealers Inventory 
769,941 oz
Withdrawals from customer Inventory 
 1,019,310 oz  
Deposits to the dealer Inventory
Deposits to the customer Inventory
6507 oz
No of oz served  (contracts  85
No of notices to be served.68
340,000 oz

Withdrawals from Dealers Inventory 
zero oz
Withdrawals from customer Inventory 
Deposits to the dealer Inventory
  zero oz
Deposits to the customer Inventory
No of oz served (contracts 5
500  oz
No of oz to be served 23
 2300 oz

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