25% Of Scotia Mocatta's Silver Transferred From "Registered" To "Eligible" Status: A 45% Reduction In "Physical"

This is a good clarification between "registered" and "eligible" status of bullion in COMEX depositories.

http://www.zerohedge.com/article/25-scotia-mocattas-silver-transferred-registered-eligible-status-45-reduction-physical

Scotia Mocatta Loses 60% Of Its Physical Silver In One Month To "Reclassification", Total Comex Registered Silver Now Under 30 Million Ounces

http://www.zerohedge.com/article/scotia-mocatta-loses-60-its-physical-silver-one-month-reclassification-total-comex-registere

If the price of silver has plummeted, there should be a flood of supply out there, eh?  Well, look at Scotia Mocatta's website for silver products.  ScotiaMocatta is Canada's biggest precious metals dealer. 

https://www.scotiamocatta-estore.scotiabank.com/stores/scotiamocatta/catalog/catalog.aspx?nst=GXLqF7%2bdXVntKnBaWPeeeTETwfkd7uVq

As of today, they are sold out of every silver product--except for the 5 oz. bar.  This is more evidence that there is a shortage of physical silver, and that the paper prices at the COMEX do not reflect the reality of this shortage.

Scotia Mocatta Sells Out Of All Silver Bars

http://www.zerohedge.com/article/scotia-mocatta-sells-out-all-silver-bars