Vaporize COMEX 2008-12-30

Final numbers for December Gold/Silver:

Gold: 48.1% depleted. Delivery notices today: 11,400 oz. (but 20,000 oz added to inventory)
Silver: 46.5% depleted. Delivery notices today: 155,000 oz.

No Bust, No Joy: but we got almost half-way there! We’ll try again starting Feb 2009.

Link to all Vaporize COMEX posts:
button-vaporize-comex-white-back

comex-countdown-gold-2008-12-30

 

 

gold-data-2008-12-30

comex-countdown-silver-2008-12-30

silver-data-2008-12-30

COMEX trades hundreds of times more gold & silver than they actually possess. If enough investors demand delivery of PHYSICAL gold & silver COMEX stockpiles will be depleted. If COMEX runs out, the ensuing rush to grab physical metal to settle contract obligations *could* be the spark that ignites the long-awaited precious metals wildfire.

Explanation:
COMEX warehouses contain both “registered” and “eligible” metals. The “registered” metals are available for physical delivery. The “eligible” metals are not ready for delivery until they become “registered.” Although this pool of “eligible” metals is stored at COMEX warehouses there is no obligation to “register” these metals for subsequent physical deliveries.

The graph shows:
1) the cumulative ounces of metal delivery notices this month,
2) the ounces of “registered” metal available for delivery,
The percentage shown is based on the cumulative physical metal delivery notices for the month against the “registered” amount of metal in COMEX.
“Eligible” metal inventories are not shown as they do not have a direct bearing on the inventory depletion ratio.

Sources:
[1] COMEX precious metals warehouse stocks:
gold: http://cmegroup.com/trading/energy-metals/files/Gold_Stocks.xls
silver: http://cmegroup.com/trading/energy-metals/files/Silver_Stocks.xls
[2] COMEX precious metals daily delivery notices: http://cmegroup.com/trading/energy-metals/files/delivery.pdf
Link to master list of reports: http://www.cmegroup.com/trading/energy-metals/nymex-daily-reports.html 
Link to most recent clearing info (first & last notice dates): http://www.cmegroup.com/tools-information/most-recent-clearing.html or try this direct link
Link to delivery dates through 2015: http://www.nymex.com/gol_fut_termin.aspx

More info:
Gold: Is This It, NOW?
Attack of COMEX Gold & Silver
How 2 Track COMEX Deliveries
Sinclair Sez “Help Me Bust Comex”
This Guy Plans 2 Kill “Paper” Silver
COMEX: Taking Delizery Is EZ

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37 Responses

  1. Вот так,согласен с предыдущими ораторами
    ) Bye

  2. on 12/22/08 I said “I explain the entire world, where we been, are now, and where we are going, but importantly why. google “china transforms north korea” A 50 year predicted time line is posted.”

    Some screecher name MARZ on 12/24/08 said

    Ok! Neocons, right wing extremists, left haters, everything right etc…. What are you doing to change the course or momentum our elected officials, Bush and the corporate executives took this country? This site as many are all about doom and gloom. A fricken waste of electrical energy running this server. Let’s fix this and put people back to work. That’s what they did before, that’s what they need to do now. People need to work and not at fast food joints and strip malls. Where are the solutions on these sites? A bunch of finger pointing and rants. Pathetic ones at that.

    As this screech Marz challenged me, I will advise him that lemetropolecafe over the last month, Jan 09, I laid out solutions to North Korea, Iran, Afghanistan, National Debt, and others. Marz is duplitious, because he is only a screecher with no vision and no constructive solution.

    In 12/05 I laid out the VISION of the bi-currency return, and why, in my famous Bi-curreny tryptich.

    Bill OReilly,

    When you going to jump on the real money band wagon????

    Its 1860 all over again, except now ITS ENSLAVED AMERICANS that need liberation from the Socialistic yoke of the Federal Fiat money managers, their corruption socialists, fake money, and the enabling FED bank and the controlling money policies.

    REBELLION!!!!

    Call to arms for those who love real and honest money, freedom from the socialists in DC and their money changers, who have enslaved us all to worthless script and IRS thugs.

    FIAT MONEY ABOLISTIONISTS, rise up and revolt!

    Join our bothers in MO, CO, IN and NH!!!

    Derrick
    ===========
    Bill Murphy, GATA Lemetropolecafe,

    You all heard it first at Lemetropolecafe in December 2005, the bi-currency prophecy. And now the band wagon rush is on toward real money laws and usage to a bi-currency US economy. Four states now have gold and sound money bills in play. The café just learned learned that now Missouri has filed a similar bill. This will be the 4th state, NH, IN, CO and now MO to join the bi-currency trend.

    http://www.house.mo.gov/content.aspx?info=/bills091/bills/hb561.htm

    See threads “Putin the chessmaster”, “Non-Topical PotPouri” “LePatron Memo Archieve” “China Transforms North Korea” at lemetropolecafe and get a servious analysis of our world, where we are headed, and solutions to problems.

    And so Marz from Mars, who has not clue, no solutions, and only screeches, you owe me an apology, if your martian enough to admit you made a fool of yourself.

    Derrick Michael Reid
    Laguna Beach CA

  3. no, the market is rigged smart guy

  4. 1% comex delivers.This whole blog was a hoax.

    What a bunch of idiots you guys were.

  5. NO doubt this market is rigged, or somebody knows something. Hedge funds are liquidating again?

  6. FYI

    Latest COMEX Gold Inventory chart posted here:

    https://meltdown2011.wordpress.com/2009/01/06/chart-comex-gold-inventory/

    It’s not pretty, folks!

    Scott

  7. Also, no gold report today. Something’s up…….or does that mean no delivery today?

    http://cmegroup.com/trading/energy-metals/files/delivery.pdf

    Who goes to jail for this one? CME executives, the head of the CFTC? who?

  8. Mr. Tampon,

    Here’s your proof there’s no gold available to be delivered immediately out of the warehouse. Where’s the FBI when you need them to audit the warehouse, and for the SEC to halt trading on CME? This is major news if this is true.

    http://jessescrossroadscafe.blogspot.com/2009/01/is-comex-doing-fractional-reserve.html

  9. ANYBODY WHO CAN ANSWER THIS QUESTION???

    Why does the total registered for gold/silver remain the same since December????????

    The physical deliveries on Dec 31 were almost 50% for gold/silver. Consequently, the total registered for gold/silver should have gone down about 50% as of Jan 1. But the latest Comex data show the registered for gold/silver basically unchanged.

  10. well it is certainly a big big drop.

  11. Hi Scott, I have a question for you regarding the escorts of ounces at Comex: I haven’t understand why inventory is not updated day by day (integrated) while you consider it like something about constant that progressively is consumed? Therefore in order to burn the Comex deliveries at some day must not to be greater of the inventories? Practically, I’m not so convinced of the fact that deliveries must be added day by day before to be confronted with inventory that we can read at http://cmegroup.com/trading/energy-metals/files/Gold_Stocks.xls
    Can you explain to me if I say something wrong?
    (sorry for my english)

  12. Donald Gage,

    Your best information can be found at Lemetropolecafe dot com, and particularly, look for Adrian Douglas’ commentary.

    Something just aint right in them thar wharehouses.

    D

  13. To All, GD shame, if you ask me. If this fiat complex collapses, the only thing that will save the US is bullion in the hand of the folks, for ready money usage. Hey, did not the CONSTITUTION OF THE UNITED STATES OF AMERICA, have something to say about LAWFUL MONEY??? Politicians, and the FED have destroyed our money, and now our economy with their GD SOCIALISM.

    have a nice day.

    Derrick Michael Reid
    Laguna Beach CA

    ==========
    (Lets all thank the RICO CROOKS at the CFTC!!!!!!!!!!!!!!!!!!!!)

    LePatron

    10oz Bar Production Devastation,

    Here is a current list of suppliers of THE PEOPLE’S BULLION, 10oz bars.
    ============================================================
    First Majestic Silver 10oz Private Label Canada
    American Precious Metal Exchange (APMEX) Silver 10oz US
    Northwest Territorial Mint Silver 10oz Pan American Silver US
    Sunshine Mint Silver 10oz under A-MARK brand Tulving US
    Silvertowne Silver 10oz sold through APMEX US
    Heraeus silver 10oz BullionDirect CMX serial# Austrian
    ====================================
    Pamp Suisse Gold 10oz CNI Tulving NWTM Serial# (45mm x 89mm) Swiss
    Johnson-Matthey 10oz Gold serial# by MONEX & GoldLine US
    Haeraus 10oz gold by (Monex M Label serial#, bar design very poor) Austrian
    ================================================
    After 20 years of manipulative suppression of bullion prices, mint capacity in the US has been degraded, if not virtually destroyed, with production very tight, particularly in silver. The CRIMEX suppression has resulted in 10oz bar production devastation.

    Derrick

  14. So please someone tell me.
    Why with all these deliveries does the registered inventory of gold not shrink dramatically?

    OR

    Why does registered gold not shrink dramatically with all these deliveries????
    Thanks

  15. Gold/Silver was depleting at an average rate somewhere between 0.5% to 1% per day during December. Using 0.5%, at that rate it will take aproximately ~110 more days before depletion occurs, that puts the default somewhere around early Summer 2009.

    So, why not keep tracking until at least then?

    Please?

    Thanks.

  16. Hi all, Happy New Year
    http://tl-school.com

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