JPMorgan Loses 44% of Gold Inventories In Just 4 Days!

JPMorgan Loses 44% of Gold Inventories in 4 Days! (SilverDoctors, Jan 29, 2014):

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):

From the SRSRocco Report:

Comex-Gold-Inventories-012814

Here is the Comex inventory table for last Thursday:


Comex-Gold-Inventories-12414

1 thought on “JPMorgan Loses 44% of Gold Inventories In Just 4 Days!

  1. Bankers suicide rates going up in Europe. Bank holiday in Russia. One nation has their banks raise deposit interest rates to 10% from 1% overnight….they are desperate for deposits.
    People are finally asking for their money. We will see more bank holidays. US media covers none of this, and that is even more dangerous because even the most politically turned off people I know are telling me US news is junk…..even they know there is something wrong.
    Lies and obfuscation are going by the wayside.
    Nobody, at home or abroad, believes anything the US says. This is what happens when you lose credibility, and ours is out the window.
    This is a really bad sign.

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