SILVER STRESS IS SEEN AT THE COMEX AS QUEUE JUMPING ADVANCES WITH HUGE AMOUNTS OF SILVER SOUGHT

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by Harvey Organ, Harvey Organ Blog:

THE RAID ON GOLD/SILVER CONTINUES: GOLD DOWN $12.50 TO $1285.50//SILVER DOWN ANOTHER 14 CENTS TO $15.09//GOLD/SILVER EQUITY SHARES HOLD THEIR VALUES//GOLD COMEX IS STRESS AS WE WITNESS QUEUE JUMPING AND ANOTHER HUGE 44,944 OZ GLD GUARDIAN GLD/BEIJING FIGHTS BACK ON THE HUAWEI MATTER//USA READY TO ENTER VENEZUELA IF GUAIDO IS HURT.AFTER HE ENTERS VENEZUELA///USA CONSTRUCTION SPENDING DOWN CONSIDERABLY//SWAMP STORIES FOR YOU TONIGHT

GOLD: $1285.50 DOWN $12.50 (COMEX TO COMEX CLOSING)

Silver:   $15.09 DOWN 14 CENTS (COMEX TO COMEX CLOSING)

Closing access prices:

Gold :  $1286.60

 

silver: $15.08

 

GOLD/SILVER EQUITY SHARES HELD TODAY SO MAYBE WE HIT THE BOTTOM OF THIS CONTINUAL RAID CYCLE.

 

For comex gold and silver:

MARCH

 

NUMBER OF NOTICES FILED TODAY FOR  MAR CONTRACT: 52 NOTICE(S) FOR 5200 OZ (0.1617 tonnes)

TOTAL NUMBER OF NOTICES FILED SO FAR:  244 NOTICES FOR 24400 OZ  (.7589 TONNES)

 

SILVER

 

FOR MARCH

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351 NOTICE(S) FILED TODAY FOR 1,755,000  OZ/

 

total number of notices filed so far this month: 4220 for 21,100,000

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Bitcoin: OPENING MORNING TRADE $3794:DOWN $95

 

Bitcoin: FINAL EVENING TRADE: $3769  D0WN 94

 

end

 

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JPMorgan or Goldman Sachs are taking a huge issuance (stopping) of gold at the comex.

today  0/52

first time in two months

EXCHANGE: COMEX
CONTRACT: MARCH 2019 COMEX 100 GOLD FUTURES
SETTLEMENT: 1,296.400000000 USD
INTENT DATE: 03/01/2019 DELIVERY DATE: 03/05/2019
FIRM ORG FIRM NAME ISSUED STOPPED
____________________________________________________________________________________________
657 C MORGAN STANLEY 1
661 C JP MORGAN 36
690 C ABN AMRO 23 2
737 C ADVANTAGE 14 9
800 C MAREX SPEC 14 3
878 C PHILLIP CAPITAL 1
905 C ADM 1
____________________________________________________________________________________________

TOTAL: 52 52
MONTH TO DATE: 244

 

Let us have a look at the data for today

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In silver, the total OPEN INTEREST FELL BY A CONSIDERABLE SIZED 1641 CONTRACTS FROM 196,641 DOWN TO 195,000 WITH FRIDAY’S 38 CENTS LOSS IN SILVER PRICING AT THE COMEX. TODAY WE ARRIVED FURTHER FROM  AUGUST’S 2018  RECORD SETTING OPEN INTEREST OF 244,196 CONTRACTS. WE ALWAYS WITNESS A CONTRACTION IN TOTAL OI AS WE APPROACH FIRST DAY NOTICE AND IT SEEMS THE CULPRIT IS THE FORCED LIQUIDATION OF SPREADERS.

WE HAVE ALSO WITNESSED A LARGE AMOUNT OF PHYSICAL METAL STAND FOR COMEX DELIVERY AS WELL WE ARE WITNESSING CONSIDERABLE LONGS PACKING THEIR BAGS AND MIGRATING OVER TO LONDON IN GREATER NUMBERS IN THE FORM OF EFP’S.  WE WERE  NOTIFIED  THAT WE HAD A VERY STRONG SIZED NUMBER OF COMEX LONGS TRANSFERRING THEIR CONTRACTS TO LONDONTHROUGH THE EFP:

EFP’S FOR MARCH,  0 FOR APRIL,  4964 FOR MAY, 0 FOR DECEMBER AND ZERO FOR ALL  OTHER MONTHS  AND THEREFORE TOTAL ISSUANCE: OF 4964 CONTRACTS. WITH THE TRANSFER OF 4964 CONTRACTS, WHAT THE CME IS STATING IS THAT THERE IS NO SILVER (OR GOLD) TO BE DELIVERED UPON AT THE COMEX AS THEY MUST EXPORT THEIR OBLIGATION TO LONDON. ALSO KEEP IN MIND THAT THERE CAN BE A DELAY OF 24-48 HRS IN THE ISSUING OF EFP’S. THE 14964 EFP CONTRACTS TRANSLATES INTO 24.82 MILLION OZ  ACCOMPANYING:

1.THE 38 CENT LOSS IN SILVER PRICE AT THE COMEX AND

2. THE STRONG AMOUNT OF SILVER OUNCES WHICH STOOD FOR DELIVERY IN THE LAST NINE MONTHS:

JUNE/2018. (5.420 MILLION OZ);

FOR JULY: 30.370 MILLION OZ

FOR AUG., 6.065 MILLION OZ

FOR SEPT. 39.505 MILLION  OZ S

FOR OCT.2.525 MILLION OZ.

FOR NOV:  A HUGE 7.440 MILLION OZ STANDING  AND

21.925 MILLION OZ FINALLY STAND FOR DECEMBER.

5.845 MILLION OZ STAND IN JANUARY.

2.955 MILLION OZ STANDING FOR FEBRUARY.

AND NOW: 24.535 MILLION OZ STANDING IN MARCH.

 

ACCUMULATION FOR EFP’S/SILVER/J.P.MORGAN’S HOUSE OF BRIBES, / STARTING FROM FIRST DAY NOTICE/FOR MONTH OF MARCH:

6760 CONTRACTS (FOR 2 TRADING DAYS TOTAL 6760 CONTRACTS) OR 33.800 MILLION OZ: (AVERAGE PER DAY: 3380 CONTRACTS OR 16.90 MILLION OZ/DAY)

TO GIVE YOU AN IDEA AS TO THE HUGE SUPPLY THIS MONTH IN SILVER:  SO FAR THIS MONTH OF MAR:  33.800 MILLION PAPER OZ HAVE MORPHED OVER TO LONDON. THIS REPRESENTS AROUND 4.820% OF ANNUAL GLOBAL PRODUCTION (EX CHINA EX RUSSIA)*  JUNE’S 345.43 MILLION OZ IS THE SECOND HIGHEST RECORDED ISSUANCE OF EFP’S AND IT FOLLOWED THE RECORD SET IN APRIL 2018 OF 385.75 MILLION OZ.

ACCUMULATION IN YEAR 2019 TO DATE SILVER EFP’S:          398.66    MILLION OZ.

JANUARY 2019 EFP TOTALS:                                                      217.455. MILLION OZ

FEB 2019 TOTALS:                                                                       147.4       MILLION OZ/

 

RESULT: WE HAD A CONSIDERABLE SIZED DECREASE IN COMEX OI SILVER COMEX CONTRACTS OF 1690 WITH THE 38 CENT LOSS IN SILVER PRICING AT THE COMEX /YESTERDAY..THE CME NOTIFIED US THAT WE HAD  VERY STRONG SIZED EFP ISSUANCE OF 4964 CONTRACTS WHICH EXITED OUT OF THE SILVER COMEX AND TRANSFERRED THEIR OI TO LONDON AS FORWARDS. SPECULATORS CONTINUED THEIR INTEREST IN ATTACKING THE SILVER COMEX FOR PHYSICAL SILVER (SEE COMEX DATA) .

TODAY WE GAINED A CONSIDERABLE SIZED: 3274 TOTAL OI CONTRACTS ON THE TWO EXCHANGES:

i.e 4964 OPEN INTEREST CONTRACTS HEADED FOR LONDON  (EFP’s) TOGETHER WITH DECREASE OF1641 OI COMEX CONTRACTS. AND ALL OF THIS  DEMAND HAPPENED WITH A 38 CENT LOSS IN PRICE OF SILVER  AND A CLOSING PRICE OF $15.23 WITH RESPECT TO YESTERDAY’S TRADING. YET WE HAD A GIGANTIC AMOUNT OF SILVER STANDING AT THE COMEX FOR DELIVERY 

 

In ounces AT THE COMEX, the OI is still represented by JUST UNDER 1 BILLION oz i.e. 0.975 BILLION OZ TO BE EXACT or 139% of annual global silver production (ex Russia & ex China).

FOR THE NEW FRONT FEBRUARY MONTH/ THEY FILED AT THE COMEX: 351 NOTICE(S) FOR 1,755,000 OZ OF SILVER

IN SILVER,PRIOR TO TODAY, WE  SET THE NEW COMEX RECORD OF OPEN INTEREST AT 243,411 CONTRACTS ON APRIL 9.2018.  AND AGAIN THIS HAS BEEN SET WITH A LOW PRICE OF $16.51.  

AND NOW WE RECORD FOR POSTERITY ANOTHER ALL TIME RECORD OPEN INTEREST AT THE COMEX OF 244,196 CONTRACTS ON AUGUST 22/2018 AND AGAIN WHEN THIS RECORD WAS SET, THE PRICE OF SILVER WAS $14.78 AND LOWER IN PRICE THAN PREVIOUS RECORDS.

ON THE DEMAND SIDE WE HAVE THE FOLLOWING:

  1. HUGE AMOUNTS OF SILVER STANDING FOR DELIVERY  (MARCH/2018: 27 MILLION OZ , APRIL/2018 : 2.485 MILLION OZ  MAY: 36.285 MILLION OZ ; JUNE/2018  (5.420 MILLION OZ) , JULY 2018 FINAL AMOUNT STANDING: 30.370 MILLION OZ   )  FOR AUGUST 6.065 MILLION OZ. , SEPT:  A HUGE 39.505 MILLION OZ./ OCTOBER: 2,520,000 oz  NOV AT 7.440 MILLION OZ./ DEC. AT 21.925 MILLION OZ   JANUARY AT  5.825 MILLION OZ.AND FEB 2019:  2.955 MILLION OZ/AND NOW MARCH: 24.535 MILLION OZ/
  2. HUGE RECORD OPEN INTEREST IN SILVER 243,411 CONTRACTS (OR 1.217 BILLION OZ/ SET APRIL 9/2018) AND NOW AUGUST 22/2018:  244,196 CONTRACTS,  WITH A SILVER PRICE OF $14.78.
  3. HUGE ANNUAL EFP’S ISSUANCE EQUAL TO 2.9 BILLION OZ OR 400% OF SILVER ANNUAL PRODUCTION/2017
  4. RECORD SETTING EFP ISSUANCE FOR ANY MONTH IN SILVER; APRIL/2018/ 385.75 MILLIONOZ/  AND THE SECOND HIGHEST RECORDED EFP ISSUANCE JUNE 2018 345.43 MILLION OZ

AND YET, WITH THE EXTREMELY HIGH EFP ISSUANCE, WE HAVE A CONTINUAL LOW PRICE OF SILVER DESPITE THE ABOVE HUGE DEMAND.  TO ME THE ONLY ANSWER IS THAT WE HAVE SOVEREIGN  (CHINA) WHO IS ENDEAVOURING TO GOBBLE UP ALL AVAILABLE PHYSICAL SILVER NO MATTER WHERE, EXACTLY WHAT J.P.MORGAN IS DOING. AND IT IS MY BELIEF THAT J.P.MORGAN IS HOLDING ITS SILVER FOR ITS BENEFICIAL OWNER..THE USA GOVERNMENT WHO IN TURN IS HOLDING THAT SILVER FOR CHINA.(FOR A SILVER LOAN REPAYMENT).

 

IN GOLD, THE OPEN INTEREST FELL BY A HUMONGOUS SIZED 14,721 CONTRACTS DOWN TO 475,158 WITH THE FALL IN THE COMEX GOLD PRICE/(A LOSS IN PRICE OF $16.90//FRIDAY’S TRADING). HOWEVER…….

 

THE CME RELEASED THE DATA FOR EFP ISSUANCAND IT TOTALED A VERY  STRONG SIZED 11,397 CONTRACTS:

 

MARCH HAD AN ISSUANCE OF 0 CONTACTS  APRIL 11,397 CONTRACTS,JUNE: 0 CONTRACTS DECEMBER: 0 CONTRACTS AND ALL OTHER MONTHS ZERO.  The NEW COMEX OI for the gold complex rests at 475,158. ALSO REMEMBER THAT THERE WILL BE A DELAY IN THE ISSUANCE OF EFP’S.  THE BANKERS REMOVE LONG POSITIONS OF COMEX GOLD IMMEDIATELY.  THEN THEY ORCHESTRATE THEIR PRIVATE EFP DEAL WITH THE LONGS AND THAT COULD TAKE AN ADDITIONAL, 48 HRS SO WE GENERALLY DO NOT GET A MATCH WITH RESPECT TO DEPARTING COMEX LONGS AND NEW EFP LONG TRANSFERS. . EVEN THOUGH THE BANKERS ISSUED THESE MONSTROUS EFPS, THE OBLIGATION STILL RESTS WITH THE BANKERS TO SUPPLY METAL BUT IT TRANSFERS THE RISK TO A LONDON BANKER OBLIGATION AND NOT A NEW YORK COMEX OBLIGATION. LONGS RECEIVE A FIAT BONUS TOGETHER WITH A LONG LONDON FORWARD. THUS, BY THESE ACTIONS, THE BANKERS AT THE COMEX HAVE JUST STATED THAT THEY HAVE NO APPRECIABLE METAL!! THIS IS A MASSIVE FRAUD: THEY CANNOT SUPPLY ANY METAL TO OUR COMEX LONGS BUT THEY ARE QUITE WILLING TO SUPPLY MASSIVE NON BACKED GOLD (AND SILVER) PAPER KNOWING THAT THEY HAVE NO METAL TO SATISFY OUR LONGS. LONDON IS NOW SEVERELY BACKWARD IN BOTH GOLD AND SILVER  AND WE ARE WITNESSING DELAYS IN ACTUAL DELIVERIES.

IN ESSENCE WE HAVE  ONLY A TINY SIZED LOSS IN TOTAL CONTRACTS ON THE TWO EXCHANGES OF 3324 CONTRACTS: 14,721 OI CONTRACTS DECREASED AT THE COMEX AND 11,397 EFP OI CONTRACTS WHICH NAVIGATED OVER TO LONDON. THUS  TOTAL OI LOSS OF ONLY 3324 CONTRACTS OR 332,400 = 10.34 TONNES. IT IS IMPORTANT TO NOTE THAT ALTHOUGH WE HAD A CONSIDERABLE DROP IN OPEN INTEREST AT THE COMEX, MANY DID NOT LEAVE THE GOLD ARENA..THEY JUST MORPHED INTO LONDON BASED FORWARDS. ON FRIDAY WE HAD A LOSS IN THE PRICE OF GOLD TO THE TUNE OF $16.90.

 

FRIDAY, WE HAD 11,192 EFP’S ISSUED.

ACCUMULATION OF EFP’S GOLD AT J.P. MORGAN’S HOUSE OF BRIBES: (EXCHANGE FOR PHYSICAL) FOR THE MONTH OF MARCH : 22,589 CONTRACTS OR 2,258,900 OZ  OR 70.26 TONNES (2 TRADING DAYS AND THUS AVERAGING: 11,295 EFP CONTRACTS PER TRADING DAY

TO GIVE YOU AN IDEA AS TO THE STRONG SIZE OF THESE EFP TRANSFERS :  THIS MONTH IN 2 TRADING DAYS IN  TONNES: 70.26 TONNES

TOTAL ANNUAL GOLD PRODUCTION, 2018, THROUGHOUT THE WORLD EX CHINA EX RUSSIA: 2555 TONNES

THUS EFP TRANSFERS REPRESENTS 70.26/2550 x 100% TONNES = 2.75% OF GLOBAL ANNUAL PRODUCTION SO FAR IN DECEMBER ALONE.***

ACCUMULATION OF GOLD EFP’S YEAR 2019 TO DATE:     945.82  TONNES

JANUARY 2019 TOTAL EFP ISSUANCE;   531.20 TONNES

FEB 2019 TOTAL EFP ISSUANCE:             344.36 TONNES

 

WHAT IS ALARMING TO ME, ACCORDING TO OUR LONDON EXPERT ANDREW MAGUIRE IS THAT THESE EFP’S ARE BEING TRANSFERRED TO WHAT ARE CALLED SERIAL FORWARD CONTRACT OBLIGATIONS AND THESE CONTRACTS ARE LESS THAN 14 DAYS.  ANYTHING GREATER THAN 14 DAYS, THESE MUST BE RECORDED AND SENT TO THE COMPTROLLER, GREAT BRITAIN TO MONITOR RISK TO THE BANKING SYSTEM.  IF THIS IS INDEED TRUE, THEN THIS IS A MASSIVE CONSPIRACY TO DEFRAUD AS WE NOW WITNESS A MONSTROUS TOTAL EFP’S ISSUANCE AS IT HEADS INTO THE STRATOSPHERE

 

Result: A HUMONGOUS SIZED DECREASE IN OI AT THE COMEX OF 14,721 WITH THE LOSS IN PRICING ($16.90) THAT GOLD UNDERTOOK YESTERDAY) //.WE ALSO HAD A CONSIDERABLE SIZED NUMBER OF COMEX LONG TRANSFERRING TO LONDON THROUGH THE EFP ROUTE: 11397 CONTRACTS AS THESE HAVE ALREADY BEEN NEGOTIATED AND CONFIRMED.   THERE OBVIOUSLY DOES NOT SEEM TO BE MUCH PHYSICAL GOLD AT THE COMEX.  I GUESS IT EXPLAINS THE HUGE ISSUANCE OF EFP’S…THERE IS HARDLY ANY GOLD PRESENT AT THE GOLD COMEX FOR DELIVERY PURPOSES. IF YOU TAKE INTO ACCOUNT THE 11,397 EFP CONTRACTS ISSUED, WE  HAD A SMALL LOSS OF 3824 CONTRACTS IN TOTAL OPEN INTEREST  ON THE TWO EXCHANGES:

11,397 CONTRACTS MOVE TO LONDON AND 14,721 CONTRACTS DECREASED AT THE COMEX. (IN TONNES, THE SMALL LOSS IN TOTAL OI EQUATES TO 10.34 TONNES). ..AND ALL OF THIS  DEMAND OCCURRED WITH THE LOSS OF $16.90 IN FRIDAY’S TRADING AT THE COMEX

 

we had:  52 notice(s) filed upon for 5200 oz of gold at the comex.

 

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With respect to our two criminal funds, the GLD and the SLV:

GLD…

 

WITH GOLD DOWN $12.50 TODAY

 

ON FRIDAY I REPORTED:

“HUGE  CHANGES IN INVENTORY AT THE GLD: AS EXPECTED AS THIS GOLD WAS PROBABLY USED IN THE RAID THESE PAST FEW DAYS;

 

A WITHDRAWAL OF 4.11 TONNES

/GLD INVENTORY   784.22 TONNES

Inventory rests tonight: 784.22 tonnes.””

WELL THE CROOKS WERE AT IT AGAIN, AS THEY RAIDED THE COOKIE JAR BIG TIME AGAIN TODAY TO THE TUNE OF: 11.76 TONNES

THUS A WITHDRAWAL OF 11.76 TONNES

GLD INVENTORY 772.46 TONES

 

INVENTORY RESTS AT 772.46 TONNES

 

TO ALL INVESTORS THINKING OF BUYING GOLD THROUGH THE GLD ROUTE: YOU ARE MAKING A TERRIBLE MISTAKE AS THE CROOKS ARE USING WHATEVER GOLD COMES IN TO ATTACK BY SELLING THAT GOLD.  IT SURE SEEMS TO ME THAT THE GOLD OBLIGATIONS AT THE GLD EXCEED THEIR INVENTORY

 

SLV/

WITH SILVER DOWN 14 CENTS  IN PRICE  TODAY:

 

A SMALL CHANGE IN SILVER INVENTORY AT THE SLV..///

A WITHDRAWAL OF 871,000 OZ FROM THE SLV INVENTORY

 

/INVENTORY RESTS AT 308,503 MILLION OZ.

 

end

First, here is an outline of what will be discussed tonight:

1. Today, we had the open interest in SILVER FELL BY A CONSIDERABLE SIZED 1641 CONTRACTS from 196,686 DOWN TO 195,000 AND FURTHER FROM THE NEW COMEX RECORD SET LAST IN AUG.2018AT 244,196 WITH A SILVER PRICE OF $14.78/(AUGUST 22/2018)..THE PREVIOUS RECORD WAS SET ON APRIL 9/2018 AT 243,411 OPEN INTEREST CONTRACTS WITH THE SILVER PRICE AT THAT DAY: $16.53). AND PREVIOUS TO THAT, THE RECORD  WAS ESTABLISHED AT: 234,787 CONTRACTS, SET ON APRIL 21.2017 OVER  1 1/3 YEARS AGO.  THE PRICE OF SILVER ON THAT DAY: $17.89.  AS YOU CAN SEE, WE HAVE RECORD HIGH OPEN INTERESTS IN SILVER  ACCOMPANIED BY A CONTINUAL LOWER PRICE WHEN THAT RECORD WAS SET…..

 

OUR CUSTOMARY MIGRATION OF COMEX LONGS CONTINUE TO MORPH INTO LONDON FORWARDS  AS OUR BANKERS USED THEIR EMERGENCY PROCEDURE TO ISSUE:

 

CONTRACTS FOR MARCH. 0 CONTRACTS FOR APRIL., 4964 FOR MAY AND  AND ALL OTHER MONTHS: ZERO. TOTAL EFP ISSUANCE: 4964 CONTRACTS. EFP’S GIVE OUR COMEX LONGS A FIAT BONUS PLUS A DELIVERABLE PRODUCT OVER IN LONDON.  IF WE TAKE THE  OI LOSS AT THE COMEX OF 1641 CONTRACTS TO THE 4964 OI TRANSFERRED TO LONDON THROUGH EFP’S,  WE SURPRISINGLY OBTAIN A STRONG GAIN  OF 3323  OPEN INTEREST CONTRACTS.  THUS IN OUNCES, THE GAIN ON THE TWO EXCHANGES: 16.61 MILLION OZ!!! AND YET WE ALSO HAVE A STRONG DEMAND FOR PHYSICAL AS WE WITNESSED A FINAL STANDING OF GREATER THAN 30 MILLION OZ FOR JULY, A STRONG 6.065 MILLION OZ FOR AUGUST..  A HUGE 39.505  MILLION OZ  STANDING FOR SILVER IN SEPTEMBER… OVER 2 million  OZ STANDING FOR THE NON ACTIVE MONTH OF OCTOBER.,  7.440 MILLION OZ FINALLY STANDING IN NOVEMBER.  21.925 MILLION OZ STANDING IN DECEMBER , 5.845 MILLION OZ STANDING IN JANUARY. 2.955 MILLION OZ STANDING IN FEBRUARY AND NOW 24.535 MILLION OZ FOR MARCH.

 

RESULT: A CONSIDERABLE SIZED DECREASE IN SILVER OI AT THE COMEX WITH THE 38 CENT LOSS IN PRICING THAT SILVER UNDERTOOK IN PRICING// YESTERDAY.BUT WE ALSO HAD A FAIR SIZED 4964 EFP’S ISSUED TRANSFERRING COMEX LONGS OVER TO LONDON. THE LOSS IN OPEN INTEREST CONTRACTS IN SILVER WAS CAUSED BY THE FORCED LIQUIDATION OF SPREADERS…IT HAD NO EFFECT ON PRICE..TOGETHER WITH THE STRONG  SIZED AMOUNT OF SILVER OUNCES STANDING FOR SEPTEMBER, DEMAND FOR PHYSICAL SILVER CONTINUES TO INTENSIFY AS WE WITNESS SEVERE BACKWARDATION IN SILVER IN LONDON.

BOTH THE SILVER COMEX AND THE GOLD COMEX ARE IN STRESS AS THE BANKERS SCOUR THE BOWELS OF THE EXCHANGE FOR METAL

 

(report Harvey)

.

2.a) The Shanghai and London gold fix report

(Harvey)

2 b) Gold/silver trading overnight Europe, Goldcore

(Mark O’Byrne/zerohedge

and in NY: Bloomberg

3. ASIAN AFFAIRS

i)MONDAY MORNING/ SUNDAY NIGHT:

SHANGHAI CLOSED UP 33.57 POINTS OR 1.12% //Hang Sang CLOSED UP 147.42 POINTS OR 0.51%  /The Nikkei closed UP 219.35 POINTS OR 1.02%/ Australia’s all ordinaires CLOSED UP 0.46%

/Chinese yuan (ONSHORE) closed UP  at 6.7018 AS TRUCE DECLARED FOR 3 MONTHS /Oil DOWN to 56.09 dollars per barrel for WTI and 65.50 for Brent. Stocks in Europe OPENED GREEN EXCEPT SPAIN//.

ONSHORE YUAN CLOSED UP // LAST AT 6.7018 AGAINST THE DOLLAR. OFFSHORE YUAN CLOSED DOWN ON THE DOLLAR AT 6.7025: / TRADE TALKS NOW ON/MAJOR PROBLEMS AT HUAWEI /CFO ARRESTED  /ONSHORE YUAN TRADING ABOVE LEVEL OF OFFSHORE YUAN/ONSHORE YUAN TRADING STRONGER AGAINST USA DOLLAR/OFFSHORE YUAN TRADING STRONGER AGAINST THE DOLLAR /CHINA RETALIATES WITH TARIFFS/ TRUMP RESPONDS TO NEW TARIFFS AND IT NOW A FULL TRADE WAR COMMENCED

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