JPM Gold vault hits another record low,

[Large Sarge]

http://www.zerohedge.com/news/2013-06-11/jpm-vault-gold-drops-284-overnight-slides-fresh-record-low-withdrawals-accelerate

[gunDriller]

with prices where they are, small scale miners are given the incentive to hang on to what they mine. why sell it, when Gold is $1380 an ounce ?

i'm surprised that JPM has been able to keep their scam going this long.

but it's very logical that their vault is being emptied.

beating the price down is not going to re-fill it.


i wonder if they're 'negotiating' to take Spain's gold (250 tons in Madrid, they actually hold their own gold) or whatever is left of Italy's gold (3000 tons officially, much of it stored in New York.)

[Serpo]

http://www.zerohedge.com/sites/default/files/images/user5/imageroot/2013/06/JPM%20Comex_0.jpg

[gunDriller]

hard to tell from the chart.

did it drop from 3 million to 800K, or from 3 million to 500K ?

the way that bold line on the right hand side goes - hard to tell.