EU BANS USA TRAVEL ENTRIES

0
148

by Harvey Organ, Harvey Organ Blog:

GOLD UP A STRONG $16.50 TO $1783.50//SILVER UP 39 CENTS TO $18.20//GOLD STANDING FOR JULY 13.96 TONNES/SILVER STANDING FOR JULY 84 MILLION OZ/CORONAVIRUS UPDATES//USA REVOKES HONG KONG’S SPECIAL STATUS//CHINA’S XI PASSES THE NATIONAL SECURITY LAWS//EU BANS USA TRAVEL ENTRIES//SWAMP STORIES

GOLD:$1783.50  UP $16.50   The quote is London spot price

Silver:$18.20// UP 39 CENTS  London spot price

Closing access prices:  London spot

i)Gold : $1780.90  LONDON SPOT  4:30 pm

 

ii)SILVER:  $18.21//LONDON SPOT  4:30 pm

CLOSING FUTURES PRICES:  KEY MONTHS

AUG GOLD:  $1800.00  CLOSE 1.30 PM//   SPREAD SPOT/FUTURE JUNE: $16.50

 

CLOSING SILVER FUTURE MONTH

SILVER SEPT COMEX CLOSE;   $18.62…1:30 PM.//SPREAD SPOT/FUTURE JULY//  :  42 CENTS  PER OZ

 

the gold market continues to be broken as future prices are much higher than spot prices.  The comex is desperate to fix things but they have no available gold.

If one is to buy gold and or gold coins, the price is around $2600. usa per oz

and silver; $29.00 per oz//

 

LADIES AND GENTLEMEN: YOU ARE NOW WITNESSING FIRST HAND THE DIFFERENCE BETWEEN PAPER GOLD/SILVER AND THE REAL PHYSICAL STUFF!!

 

COMEX DATA

 

JPMorgan has been receiving gold with reckless abandon and sometimes supplying (stopping)

today RECEIVING:  1264/3316

issued:  2040

 

NUMBER OF NOTICES FILED TODAY FOR  JULY CONTRACT: 3316 NOTICE(S) FOR 331,600 OZ (10.314 tonnes)

 

TOTAL NUMBER OF NOTICES FILED SO FAR:  3316 NOTICES FOR 331600 OZ  (10.314 TONNES)

 

SILVER

 

FOR JULY

11,458 NOTICE(S) FILED TODAY FOR 57,290,000  OZ/

total number of notices filed so far this month: 11,438 for 57.290 MILLION oz

 

BITCOIN MORNING QUOTE  $9147  DOWN 44  

 

BITCOIN AFTERNOON QUOTE.: $9143 DOWN $49

 

GLD AND SLV INVENTORIES:

WITH GOLD UP $16.50 AND NO PHYSICAL TO BE FOUND ANYWHERE:

WITH ALL REFINERS CLOSED//MEXICO ORDERING ALL MINES SHUT:   WHERE ARE THEY GETTING THE “PHYSICAL”?

NO CHANGE IN GOLD INVENTORY AT THE GLD

 

GLD: 1,178.90 TONNES OF GOLD//

 

WITH SILVER UP 39 CENTS TODAY: AND WITH NO SILVER AROUND

TWO CHANGES IN SILVER INVENTORY AT THE SLV.

A SMALL PAPER WITHDRAWAL OF 0.466 MILLION OZ OUT OF THE SLV///

AND THIS IS TO PAY FOR STORAGE FEES AND INSURANCE,

AND A HUGE 1.212 MILLION OZ OF A DEPOSIT INTO THE SLV//

 

RESTING SLV INVENTORY TONIGHT:

 

SLV: 492.604  MILLION OZ./

 

XXXXXXXXXXXXXXXXXXXXXXXXX

Let us have a look at the data for today

 

xxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxx

IN SILVER THE COMEX OI FELL BY A CONSIDERABLE SIZED 4349 CONTRACTS FROM 176,037 DOWN  TO 171,688, AND FURTHER FROM OUR NEW RECORD OF 244,710, (FEB 25/2020. THE STRONG SIZED LOSS IN  OI OCCURRED DESPITE OUR TINY  1 CENT LOSS  IN SILVER PRICING AT THE COMEX. IT SEEMS THAT THE LOSS IN COMEX OI IS PRIMARILY DUE TO THE CONCLUSION OF OUR SPREADER LIQUIDATION ALONG WITH  SOME STRONG  BANKER SHORT COVERING PLUS A SMALL EXCHANGE FOR PHYSICAL ISSUANCE, ZERO LONG LIQUIDATION, ACCOMPANYING  A HUMONGOUS STANDING IN SILVER OZ STANDING AT THE COMEX FOR JULY.  WE HAD A NET LOSS IN OUR TWO EXCHANGES OF 3664 CONTRACTS  (SEE CALCULATIONS BELOW).

 

WE HAVE ALSO WITNESSED A HUMONGOUS 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 GOOD SIZED NUMBER OF COMEX LONGS TRANSFERRING THEIR CONTRACTS TO LONDON THROUGH THE EFP ROUTE:   JULY: 60  AND SEP 625 FOR ZERO ALL  OTHER MONTHS  AND THEREFORE TOTAL ISSUANCE  685 CONTRACTS. WITH THE TRANSFER OF 1051 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 685 EFP CONTRACTS TRANSLATES INTO 3.910 MILLION OZ  ACCOMPANYING:

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

2. THE STRONG AMOUNT OF SILVER OUNCES WHICH STOOD FOR DELIVERY IN THE LAST 12 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.:

27.120 MILLION OZ STANDING IN MARCH.

3.875 MILLION OZ STANDING FOR SILVER IN APRIL.

18.845 MILLION OZ STANDING FOR SILVER IN MAY.

2.660 MILLION OZ STANDING FOR SILVER IN JUNE//

22.605 MILLION OZ  STANDING FOR JULY

10.025   MILLION OZ INITIAL STANDING IN AUGUST.

43.030   MILLION OZ INITIALLY STANDING IN SEPT. (HUGE)

7.32     MILLION OZ INITIALLY STANDING IN OCT

2.630     MILLION OZ STANDING FOR NOV.

20.970   MILLION OZ  FINAL STANDING IN DEC

5.075     MILLION OZ FINAL STANDING IN JAN

1.480    MILLION OZ FINAL STANDING IN FEB

23.005  MILLION OZ FINAL STANDING FOR MAR

4.660  MILLION OZ FINAL STANDING FOR APRIL

45.220 MILLION OZ FINAL STANDING FOR MAY

2.205  MILLION OF FINAL STANDING FOR JUNE

87.175 MILLION OZ INITIALLY IN JULY.

 

MONDAY, AGAIN OUR CROOKS USED COPIOUS PAPER IN ORDER TO LIQUIDATE SILVER’S PRICE…AND THEY WERE SUCCESSFUL IN KNOCKING THE PRICE OF SILVER DOWN (IT FELL 1 CENT).. AND,OUR OFFICIAL SECTOR/BANKERS  WERE NO DOUBT  UNSUCCESSFUL IN THEIR ATTEMPT TO FLEECE SOME SILVER LONGS FROM THEIR POSITIONS. THE STRONG LOSS AT THE COMEX WAS ACCOMPANIED BY : i)  A STRONG (AND ITS CONCLUSION) OF SPREADER LIQUIDATION, ii) A SMALL ISSUANCE OF EXCHANGE FOR PHYSICALS 2) A HUMONGOUS STANDING IN SILVER OZ STANDING FOR JULY,  STRONG BANKER SHORT COVERING  AND 4) ZERO LONG LIQUIDATION AS  WE DID HAVE A STRONG NET LOSS OF 3664 CONTRACTS OR 18.3200 MILLION OZ ON THE TWO EXCHANGES! YOU CAN BET THE FARM THAT OUR BANKER  ARE DESPERATE TO LIQUIDATE THEIR HUGE SHORT POSITIONS IN SILVER

Read More @ HarveyOrganBlog.com