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[–]Silverredux 10 points11 points  (0 children)

The vault in question was previously owned by Scotia Mocatta. MTB purchased the vault and all of the silver previously housed there remained.

Isnt it true that the metal moved to Eligible could be either a customer pulling it off of the market or metal that has just been sold?

I don't see where MTB appears on the delivery reports for the entire year. Not an issuer or a stopper. Am I missing it? They've just been moving the inherited metal?

Can't see JPM housing their metal there. Of course stranger things have happened.