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Showing posts with label biggest gold withdrawal. Show all posts
Showing posts with label biggest gold withdrawal. Show all posts

Thursday, 30 January 2014

JPMorgan Loses 44% of Gold Inventories in 4 Days!

I am posting this to further the point I am about to make with the next article .....

http://www.rumormillnews.com/cgi-bin/forum.cgi?read=298034


JPMorgan Loses 44% of Gold Inventories in 4 Days!
Posted By: igots2no
Date: Wednesday, 29-Jan-2014 16:31:08
In another stunning withdrawal, JP Morgan had an additional 321,500 oz gold ounces removed from its vaults today.
Since last Thursday, JP Morgan has lost 44% (20 metric tons = 643,000 oz) of its gold inventories.
If a picture is worth a thousand words, then the table below is worth over $400 million (at current market prices):

http://www.silverdoctors.com/jpmorgan-loses-44-of-gold-inventories-in-4-days/

Friday, 24 January 2014

What does "China" and "JP Morgan have in common?

What does "China" and "JP Morgan have in common?

..... a gold vault!?

Oh darlins.... it just keeps getting better and better!!!!  On January 23... the same day that purportedly CNN got hacked and "someone" posted that China had dumped US Bonds on the market..... the very same day JPMorgans gold vault has the BIGGEST withdrawal EVER!!! 

... Pop Quiz:  Who now owns JPMorgan's gold vault?



http://removingtheshackles.blogspot.com/2013/10/massive-global-financial-facepalm-but.html



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

Tyler Durden's picture


 
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gold inventory is the lowest it has ever been at just 87K ounces since December 13, 2013 when 147K ounces of gold was withdrawn - keep that date in mind for a few minutes)?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 ounces of gold depart in one day. This was tied for the single biggest daily withdrawal in history!The last time JPM had an identically sized withdrawal? December 13.... 2012.


Something tells us the next few days will see matching withdrwawals from JPM's gold vault, which at last check was officially owned by the Chinese.
And for those wondering how JPM's total gold holdings look over time here it is: