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Keyword: goldvaultwithdrawals

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  • JPMorgan's Gold Vault Has Biggest One-Day Withdrawal Ever

    01/24/2014 1:09:19 PM PST · by Nachum · 29 replies
    zero hedge ^ | 1/24/14 | Tyler Durden
    Curious why over the past few months JPM has quietly been accumulating a substantial amount of eligible physical gold (even as its registered gold inventory is the lowest it has ever been at just 87K ounces since December 13, 2013 when 147K ounces of gold was withdrawn - keep that date in mind for a few minutes)? This may have something to do with it: moments ago the daily Comex gold vault report confirmed what many expected, namely that the JPM accumulation was merely in advance anticipation of major withdrawals. How major? Well, on January 23, JPM saw 321,500...