Thanks juk, but picked this up from the following statement early this morning via GATA and the words of Egon von Greyerz as follows:
"If you look at JP Morgan, their eligible gold, which is the stock they can deliver, has been down 65% just in the last couple of days. And COMEX, their stock is also down to about half of what it was over a year ago. Premiums now in Singapore are up $3 per ounce. If we now look at the Swiss refiners, remember Swiss refiners refine 70% of the world’s gold, the Swiss refiners are increasing premiums substantially."