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Juan 1972
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CME Reports That Brinks Has a Seventy Percent Decline in Registered Gold Bullion Supply

- Jesse - Le Café Américain

Correct me if I am wrong but at http://www.cmegroup.com/delivery_reports/Gold_Stocks.xls you can see that Brinks had 133,522 registered ounces as of August 6th. Or is this figure one month delayed as you say? If that is the case, that the data is one month delayed...shouldn't we have already noticed the effects of depletion? Wouldn't it impley that nothing happened for the last month? Regards

Commented 3929 days ago

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Beginning of the headline :Nick Laird of Sharelynx.com informs me that Brinks is 'now being depleted' of private gold holdings. I am following up to make sure that there has not been an error in reporting. The CME reports these figures one day in arrears, on a weekly basis, so the chart below is dated July 9. I have extended the calendar axis a bit to show the nearly vertical drop in inventory of registered bullion. In referring to the registered supply at Brinks, Nick notes that: "Brinks is now being depleted. ... Read More

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