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Keyword: jpmorganvault

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  • Weekly COMEX Gold Inventories: Huge Gold Withdrawal From JPMorgan Warehouse Headed East

    01/26/2014 4:22:12 PM PST · by Red in Blue PA · 46 replies
    Last week, as many of gold investors may already know, we saw the largest one-day withdrawal in over a year as the JPMorgan (JPM) warehouse withdrew a stunning 321,500 ounces of gold (10 tonnes). Additionally, we also saw a large withdrawal from the Scotia Mocatta warehouse, which brings the total withdrawal for the week to almost 5% of all COMEX gold stocks. .... As investors can see, last week's action finally saw a rise in registered gold by a small 5,002 ounces. But that was paired with a huge 350,968 ounce withdrawal from eligible gold stocks - the vast majority...