BIDEN STARTS OFF WITH 17 EXECUTIVE ORDERS ON HIS FIRST DAY

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by Harvey Organ, Harvey Organ Blog:

GOLD UP $25.20 TO $1866.50//SILVER UP 46 CENTS TO $25.71//GOLD STANDING: 6.24 TONNES//PRESIDENT BIDEN INAUGURATED AS 46TH PRESIDENT//CORONAVIRUS UPDATES GLOBE//CHINA AND USA EXCHANGE LAST MINUTE SANCTIONS//BIDEN STARTS OFF WITH 17 EXECUTIVE ORDERS ON HIS FIRST DAY//SWAMP STORIES FOR YOU TONIGHT

TRUTH LIVES on at https://sgtreport.tv/

GOLD:$1866.50 UP   $25.20   The quote is London spot price

Silver:$25.71 UP $0.46   London spot price GOLD( cash market)

your data…

Closing access prices:  London spot

i)Gold : 1871.30  LONDON SPOT  4:30 pm

ii)SILVER:25.80  //LONDON SPOT  4:30 pm

Gold and silver had a good day today.  It seems that the lack of physical metal everywhere is having an effect on our paper prices

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COMEX DATA

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

receiving today: 0/10

ISSUED 0

EXCHANGE: COMEX
CONTRACT: JANUARY 2021 COMEX 100 GOLD FUTURES
SETTLEMENT: 1,839.500000000 USD
INTENT DATE: 01/19/2021 DELIVERY DATE: 01/21/2021
FIRM ORG FIRM NAME ISSUED STOPPED
____________________________________________________________________________________________
657 C MORGAN STANLEY 5
737 C ADVANTAGE 5 5
905 C ADM 5
____________________________________________________________________________________________

TOTAL: 10 10
MONTH TO DATE: 2,000

GOLDMAN SACHS STOPPED 0 CONTRACTS.

TOTAL NUMBER OF NOTICES FILED TODAY:   10 NOTICES FOR 1000 OZ  (0.0310 TONNES)

TOTAL NUMBER OF NOTICES FILED SO FAR:  2000 NOTICES FOR 200,000 OZ  (6.2208 tonnes)

SILVER//JAN CONTRACT

10 NOTICE(S) FILED TODAY FOR 50,000  OZ/

total number of notices filed so far this month: 1042 for 5,210,000  oz

BITCOIN MORNING QUOTE  $34,620   DOWN  $1274

BITCOIN AFTERNOON QUOTE.  :$35, 069 down $883 .

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THESE TWO VEHICLES//GLD/AND SLV  ARE ABSOLUTE FRAUDS AND HAVE NOWHERE NEAR THE METAL THEY CLAIM THEY HAVE!

GLD AND SLV INVENTORIES:

WITH GOLD UP $25.60 AND NO PHYSICAL TO BE FOUND ANYWHERE:

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

VERY STRANGE!!

A HUGE CHANGES IN GOLD INVENTORY AT THE GLD// A WITHDRAWAL OF 3.50 TONNES FROM THE GLD.

INVENTORY RESTS AT:

GLD: 1,174.13 TONNES OF GOLD//

WITH SILVER UP 46 CENTS TODAY:AND WITH NO SILVER AROUND:

A HUGE CHANGE IN SILVER INVENTORY AT THE SLV//A DEPOSIT OF 697,000 OZ INTO THE SLV.

INVENTORY RESTS AT :

SLV: 574.299  MILLION OZ./

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Let us have a look at the data for today

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IN SILVER THE COMEX OI FELL BY A FAIR SIZED 718 CONTRACTS FROM 167,614 DOWN TO 166,896, AND FURTHER FROM OUR NEW RECORD OF 244,710, (FEB 25/2020. THE FAIR SIZED LOSS IN COMEX OI  OCCURRED DESPITE OUR STRONG GAIN OF $0.40 IN SILVER PRICING AT THE COMEX. IT SEEMS THAT THE LOSS IN COMEX OI IS  DUE TO HUGE BANKER AND ALGO SHORT COVERING, COUPLED AGAINST A VERY SMALL EXCHANGE FOR PHYSICAL. WE  HAD TINY LONG LIQUIDATION IF ANY, AND A VERY SMALL LOSS IN  SILVER OUNCES  STANDING AT THE COMEX FOR JAN. WE ALSO HAD A SMALL LOSS IN OUR TWO EXCHANGES OF 415 CONTRACTS (SEE CALCULATIONS BELOW).

WE WERE  NOTIFIED  THAT WE HAD A  VERY SMALL  NUMBER OF  COMEX LONGS TRANSFERRING THEIR CONTRACTS TO LONDON THROUGH THE EFP ROUTE:  303, AS WE HAD THE FOLLOWING ISSUANCE:    MARCH 303 FOR ZERO ALL  OTHER MONTHS  AND THEREFORE TOTAL ISSUANCE  303 CONTRACTS. THE BANKERS ARE NOW BEING BITTEN BY THOSE SERIAL FORWARDS (EFP’S CIRCULATING IN LONDON)AS THEY ARE NOW BEING EXERCISED AND COMING BACK TO NEW YORK FOR REDEMPTION OF METAL.  THE COST TO SERVICE THESE SERIAL FORWARDS IS HIGH TO OUR BANKERS  BUT THEY HAVE NO CHOICE BUT TO ISSUE AS MANY AS THEY CAN!

HISTORY OF SILVER OZ STANDING AT THE COMEX FOR THE PAST 26 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

86.470 MILLION OZ FINAL STANDING IN JULY.

6.475 MILLION OZ FINAL STANDING IN AUGUST

55.400 MILLION OZ FINAL STANDING IN SEPT

11.400 MILLION OZ FINAL STANDING IN OCT.

3.950 MILLION OZ FINAL STANDING IN NOV.

46.685 MILLION OZ FINAL STANDING FOR DEC.

5.885 MILLION INITIAL STANDING FOR JAN 2021

TUESDAY, AGAIN OUR CROOKED BANKS//BIS USED COPIOUS PAPER IN ORDER TO LIQUIDATE SILVER’S PRICE…AND THEY WERE UNSUCCESSFUL IN KNOCKING THE PRICE OF SILVER DOWN (IT ROSE $0.40) ).. AND, OUR OFFICIAL SECTOR/BANKERS WERE SOMEWHAT SUCCESSFUL IN THEIR ATTEMPT TO FLEECE SOME  SILVER LONGS AS WE HAD A SMALL LOSS  IN OUR TWO EXCHANGES (415 CONTRACTS). NO DOUBT THE LOSS IN OI ON THE TWO EXCHANGES WAS DUE TO i) MONSTER  BANKER/ STRONG ALGO SHORT COVERING.  WE ALSO HAD  ii)  A VERY SMALL ISSUANCE OF EXCHANGE FOR PHYSICALS 2) A TINY LOSS IN STANDING FOR IN SILVER OZ STANDING FOR JAN, iii) SMALL COMEX OI LOSS AND iv) TINY OR ZERO LONG LIQUIDATION. YOU CAN BET THE FARM THAT OUR BANKERS  ARE DESPERATE TO LIQUIDATE THEIR HUGE SHORT POSITIONS IN SILVER..

HISTORICAL ACCUMULATION OF EXCHANGE FOR PHYSICALS

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

13,331 CONTRACTS (FOR 12 TRADING DAY(S) TOTAL 13,331 CONTRACTS) OR 66.655 MILLION OZ: (AVERAGE PER DAY 1109 CONTRACTS OR 5.554 MILLION OZ/DAY)

TO GIVE YOU AN IDEA AS TO THE HUGE SUPPLY THIS MONTH IN SILVER:  SO FAR THIS MONTH OF JAN: 66.655 MILLION PAPER OZ HAVE MORPHED OVER TO LONDON.

ACCUMULATION IN YEAR 2021 TO DATE SILVER EFP’S:          66.655 MILLION OZ.

JAN EFP ACCUMULATION SO FAR:  66.655 MILLION OZ   (RAPIDLY INCREASING AGAIN)

RESULT: WE HAD A SMALL SIZED DECREASE IN COMEX OI SILVER COMEX CONTRACTS OF 702,   DESPITE OUR  $0.40 GAIN IN SILVER PRICING AT THE COMEX //TUESDAY.…THE CME NOTIFIED US THAT WE HAD A VERY SMALL SIZED EFP ISSUANCE OF 303 CONTRACTS WHICH  EXITED OUT OF THE SILVER COMEX  TO LONDON  AS FORWARDS.

TODAY WE LOST A SMALL  SIZED 399 OI CONTRACTS ON THE TWO EXCHANGES  (DESPITE OUR  $0.40 GAIN IN PRICE)//

THE TALLY//EXCHANGE FOR PHYSICALS

i.e  303 OPEN INTEREST CONTRACTS HEADED FOR LONDON  (EFP’s)TOGETHER WITH A SMALL SIZED DECREASE OF 718 OI COMEX CONTRACTS. AND ALL OF THIS DEMAND HAPPENED WITH OUR  $0.40 GAIN IN PRICE OF SILVER/AND A CLOSING PRICE OF $25.25 // TUESDAY’S TRADING. YET WE STILL HAVE A STRONG 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. 0.8440- BILLION OZ TO BE EXACT or 120% of annual global silver production (ex Russia & ex China).

FOR THE NEW JAN  DELIVERY MONTH/ THEY FILED AT THE COMEX: 10 NOTICE(S) FOR 50,000  OZ OF SILVER.

IN SILVER,PRIOR TO TODAY, WE  SET THE NEW COMEX RECORD OF OPEN INTEREST AT 244,196 CONTRACTS ON AUG 22.2018. AND AGAIN THIS HAS BEEN SET WITH A LOW PRICE OF $14.70//TODAY’S RECORD OF 244,705 WAS SET WITH A PRICE OF: 18.91 (FEB 25/2020)

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)

GOLD

IN GOLD, THE COMEX OPEN INTEREST FELL BY A FAIR SIZED 4362 CONTRACTS TO 541,330 AND FURTHER FROM  OUR  NEW RECORD (SET JAN 24/2020) AT 799,541 AND  PREVIOUS TO THAT: (SET JAN 6/2020) AT 797,110.

THE LOSS IN COMEX OI OCCURRED DESPITE OUR STRONG RISE IN PRICE  OF $10.90 /// COMEX GOLD TRADING//TUESDAY. WE  HAD HUGE BANKER/ALGO SHORT COVERING ACCOMPANYING OUR SMALL SIZED EXCHANGE FOR  PHYSICAL ISSUANCE. WE HAD  SMALL LIQUIDATION. WE  HAD ANOTHER STRONG GAIN IN THE  AMOUNT OF GOLD STANDING FOR DELIVERY IN JANUARY/:(GOLD NOW STANDING JAN. (AT 6.2426 TONNES) THIS ALL HAPPENED WITH OUR RISE IN PRICE OF $10.90

THESE LONGS MORPHED INTO LONDON BASED FORWARDS AND RECEIVED A FIAT BONUS FOR THEIR EFFORTS.

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WE HAD A VOLUME OF 7    4 -GC CONTRACTS//OPEN INTEREST  20//

WE HAD A SMALL LOSS OF 2002 CONTRACTS   ON OUR TWO EXCHANGES..

E.F.P. ISSUANCE

THE CME RELEASED THE DATA FOR EFP ISSUANCE AND IT TOTALED A SMALL SIZED 2360 CONTRACTS:

CONTRACT .;JAN 0   FEB: 2360 ; APRIL 21: 0; JUNE: 0 AND ALL OTHER MONTHS ZERO//TOTAL: 2360.  The NEW COMEX OI for the gold complex rests at 541,330. 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 EXCHANGE 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 A DECREASE IN TOTAL CONTRACTS ON THE TWO EXCHANGES OF 2002 CONTRACTS: 4362 CONTRACTS DECREASED AT THE COMEX AND 2360 EFP OI CONTRACTS WHICH NAVIGATED OVER TO LONDON. THUS  TOTAL OI GAIN//TWO EXCHANGES OF 2002 CONTRACTS OR 6.22 TONNES.

CALCULATIONS ON GAIN/LOSS ON OUR TWO EXCHANGES:

WE HAD A SMALL SIZED ISSUANCE IN EXCHANGE FOR PHYSICALS (2360) ACCOMPANYING THE FAIR SIZED LOSS IN COMEX OI  (4362 OI): TOTAL LOSS IN THE TWO EXCHANGES: 1753 CONTRACTS. WE NO DOUBT HAD  1)  HUGE BANKER SHORT COVERING AND SOME ALGO SHORT COVERING ,2 STRONG GAIN IN GOLD STANDING AT THE GOLD COMEX FOR THE FRONT JAN. MONTH AT 6.2426 TONNES)  3)  ZERO  TO TINY LONG LIQUIDATION ;4) FAIR COMEX OI LOSS,  5) FAIR SIZED ISSUANCE OF EXCHANGE FOR PHYSICAL….ALL OF THIS OCCURRED WITH  OUR GAIN IN GOLD PRICE TRADING/THURSDAY//$10.90.

WE ARE BEGINNING TO WITNESS A LACK OF EXCHANGE FOR GOLD PHYSICALS UNDERWRITTEN DUE TO PREMIUMS STARTING TO REAPPEAR IN THE FUTURE PRICE OF GOLD VS LONDON SPOT. THE COST TO THE BANKERS IS JUST TOO GREAT TO ENGAGE IN THESE VEHICLES ONCE THIS OCCURS.

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