by Harvey Organ, Harvey Organ Blog:
COMEX OPTIONS EXPIRY TOMORROW//GOLD ROSE $30.00 TO $1808.65//SILVER UP 74 CENTS TO $27.96 AND BROKE THE 28 DOLLAR BARRIER IN THE ACCCESS MARKET// GOLD TONNAGE STANDING AT THE COMEX; 112.92 TONNES/SILVER STANDING 11.9 MILLION OZ//CORONAVIRUS UPDATES/VACCINE UPDATES// CHINA STOPS EXPORTS OF RARE EARTHS TO THE USA//IRAN VS USA: IRAN DEMANDS $1 TRILLION IN COMPENSATION FOR SANCTIONS
GOLD:$1808.65 UP $30.00 The quote is London spot price
Silver:$27.96. UP $0.74 London spot price ( cash market)
your data…
Closing access prices: London spot
i)Gold : $1809.50 LONDON SPOT 4:30 pm
ii)SILVER: $28.16//LONDON SPOT 4:30 pm
Tomorrow is options expiry on the comex
Friday is options expiry on LBMA/OTC.
Editorial of The New York Sun | February 1, 2021
end
DONATE
COMEX DATA
JPMorgan has been receiving gold with reckless abandon and sometimes supplying (stopping)
receiving today 252/343
ISSUED: 0
GOLDMAN SACHS STOPPED 0 CONTRACTS.
EXCHANGE: COMEX
CONTRACT: FEBRUARY 2021 COMEX 100 GOLD FUTURES
SETTLEMENT: 1,775.800000000 USD
INTENT DATE: 02/19/2021 DELIVERY DATE: 02/23/2021
FIRM ORG FIRM NAME ISSUED STOPPED
____________________________________________________________________________________________
072 C GOLDMAN 333
332 H STANDARD CHARTE 17
435 H SCOTIA CAPITAL 9
624 H BOFA SECURITIES 15
657 C MORGAN STANLEY 24
661 C JP MORGAN 235
661 H JP MORGAN 17
686 C STONEX FINANCIA 3
709 H BARCLAYS 11
732 C RBC CAP MARKETS 10
880 C CITIGROUP 3
905 C ADM 9
____________________________________________________________________________________________
TOTAL: 343 343
MONTH TO DATE: 34,299
NUMBER OF NOTICES FILED TODAY FOR FEB. CONTRACT: 343 NOTICE(S) FOR 34,300 OZ (1.0669 tonnes)
TOTAL NUMBER OF NOTICES FILED SO FAR: 34,299 NOTICES FOR 3,429,900 OZ (106.684 tonnes)
SILVER//FEB CONTRACT
115 NOTICE(S) FILED TODAY FOR 575,000 OZ/
total number of notices filed so far this month: 2103 for 10,515,000 oz
BITCOIN MORNING QUOTE $53,766, DOWN 1753 dollars
BITCOIN AFTERNOON QUOTE.:$54,248 DOWN 1171 DOLLARS .
xxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxx
:
GLD AND SLV INVENTORIES:
WITH GOLD UP $30.00 AND NO PHYSICAL TO BE FOUND ANYWHERE:
WITH ALL REFINER CLOSED//MEXICO ORDERING ALL MINES SHUT: WHERE ARE THEY GETTING THE “PHYSICAL?
WHAT A BUNCH OF CROOKS:
A HUGE CHANGE IN GOLD INVENTORY AT THE GLD//:A WITHDRAWAL OF 5.35 PAPER TONNES FROM THE GLD.
GOLD IS UP 1.65% TODAY//GLD IS UP 1.50% AND YET WE HAVE A MASSIVE PAPER GOLD WITHDRAWAL OF 5.35 PAPER TONNES.
GLD: 1,127.64 TONNES OF GOLD//
WITH SILVER UP 74 CENTS TODAY: AND WITH NO SILVER AROUND
ANOTHER HUGE CHANGE IN SILVER INVENTORY AT THE SLV//
WHAT A BUNCH OF CRAP!!
2 HUGE WITHDRAWAL OF 2.322 MILLION OZ FROM THE SLV AND ANOTHER 6.873 MILLION OZ///WITH SILVER UP 74 CENTS!!
NO WONDER EVERYBODY IS BAILING OUT!
INVENTORY RESTS AT:
SLV: 611.685 MILLION OZ./
SO WE HAVE THE PRICE OF SILVER UP 74 CENTS OR 2.64% //SLV UP IN PRICE 4% AND YET MASSIVE INVENTORY LEAVES!(2.32 MILLION OZ)
xxxxx
GLD closing price//NYSE 169.51 UP 2.50 CENTS OR 1.50%
SLV closing price NYSE 26.27 UP $1.01 OR 4.00%
XXXXXXXXXXXXXXXXXXXXXXXXX
Let us have a look at the data for today
THE COMEX OI IN SILVER FELL BY A STRONG SIZED 1491 CONTRACTS FROM 180,495 DOWN TO 179,004, AND FURTHER FROM OUR NEW RECORD OF 244,710, (FEB 25/2020. THE LOSS IN OI OCCURRED DESPITE OUR $0.15 GAIN IN SILVER PRICINGAT THE COMEX. IT SEEMS THAT THE LOSS IN COMEX OI IS DUE TO HUGE BANKER AND ALGO SHORT COVERING//SOME REDDIT RAPTOR BUYING//COMMENCEMENT OF SPREADER LIQUIDATON.. COUPLED AGAINST A STRONG EXCHANGE FOR PHYSICAL ISSUANCE. WE ALSO HAD ZERO LONG LIQUIDATION, AND A TINY DECREASE FOR SILVER OUNCES STANDING AT THE COMEX FOR FEB. WE HAD A STRONG NET GAIN IN OUR TWO EXCHANGES OF 1896 CONTRACTS (SEE CALCULATIONS BELOW).
WE WERE NOTIFIED THAT WE HAD A STRONG NUMBER OF COMEX LONGS TRANSFERRING THEIR CONTRACTS TO LONDON THROUGH THE EFP ROUTE: 2450,, AS WE HAD THE FOLLOWING ISSUANCE: MARCH 2105 MAY: 345 AND ZERO ALL OTHER MONTHS AND THEREFORE TOTAL ISSUANCE 2450 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 A FEW OF THEM!
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
8.900 MILLION OZ INITIALLY STANDING IN OCT.
3.950 MILLION OZ FINAL STANDING IN NOV.
46.685 MILLION OZ FINAL STANDING FOR DEC.
6.890 MILLION FINAL STANDING FOR JAN 2021
11.635 MILLION OZ INITIAL STANDING FOR FEB 2021
FRIDAY,AGAIN OUR CROOKS USED COPIOUS PAPER IN ORDER TO LIQUIDATE SILVER’S PRICE …AND THEY WERE UNSUCCESSFUL IN KNOCKING THE PRICE OF SILVER DOWN (IT ROSE BY $0.15) ).. AND, OUR OFFICIAL SECTOR/BANKERS WERE UNSUCCESSFUL IN THEIR ATTEMPT TO FLEECE ANY SILVER LONGS AS WE HAD A STRONG GAIN IN OUR TWO EXCHANGES (959 CONTRACTS). NO DOUBT THE TOTAL GAIN IN OI IN OUR TWO EXCHANGES WERE DUE TO i) HUGE BANKER/ALGO SHORT COVERING//REDDIT RAPTOR BUYING//COMMENCEMENT OF SPREADER LIQUIDATION//. WE ALSO HAD ii) A STRONG ISSUANCE OF EXCHANGE FOR PHYSICALS 2) A TINY DECREASE IN SILVER OZ STANDING FOR FEB, iii) FAIR COMEX OI LOSS AND iv) ZERO LONG LIQUIDATION. YOU CAN BET THE FARM THAT OUR BANKERS ARE DESPERATE TO LIQUIDATE THEIR HUGE SHORT POSITIONS IN SILVER..
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.
We have now switched to SILVER for our spreaders!!
FOR DETAILS ON THE SPREADING EXERCISE HERE IS A BRIEF OUTLINE:
SPREADING OPERATIONS/NOW SWITCHING TO SILVER (WE SWITCH OVER TO GOLD ON NOV 1)
SPREADING OPERATION FOR OUR NEWCOMERS:
FOR NEWCOMERS, HERE ARE THE DETAILS:
SPREADING LIQUIDATION HAS NOW COMMENCED IN SILVER AS WE HEAD TOWARDS THE NEW ACTIVE FRONT MONTH OF MAR.
FOR THOSE OF YOU WHO ARE NEW, HERE IS THE MODUS OPERANDI OF THE SPREADERS AND THE CRIMINAL ELEMENT BEHIND IT:
HERE IS A BRIEF SYNOPSIS OF HOW THE CROOKS FLEECE UNSUSPECTING LONGS IN THE SPREADING ENDEAVOUR;
THE SPREADING LIQUIDATION OPERATION IS NOW OVER FOR GOLD..AND WE WILL NOW MORPH INTO AN ACCUMULATION PHASE OF SPREADING CONTRACTS FOR GOLD. THEY WILL ACCUMULATE CONSIDERABLE AMOUNT OF THE CONTRACTS AND THEN LIQUIDATE ONE WEEK PRIOR TO FIRST DAY NOTICE
MODUS OPERANDI OF THE CORRUPT BANKERS AS TO HOW THEY HANDLE THEIR SPREAD OPEN INTERESTS:
.
AS I HAVE MENTIONED IN PREVIOUS COMMENTARIES:
“AS YOU WILL SEE, THE CROOKS WILL NOW SWITCH TO SILVER AS THEY INCREASE THE OPEN INTEREST FOR THE SPREADERS. THE TOTAL COMEX GOLD OPEN INTEREST WILL RISE FROM NOW ON UNTIL ONE WEEK PRIOR TO FIRST DAY NOTICE AND THAT IS WHEN THEY START THEIR CRIMINAL LIQUIDATION.
HERE IS HOW THE CROOKS USED SPREADING AS WE ARE NOW INTO THE NON ACTIVE DELIVERY MONTH OF FEB. HEADING TOWARDS THE ACTIVE DELIVERY MONTH OF MAR FOR SILVER:
YOU WILL ALSO NOTICE THAT THE COMEX OPEN INTEREST STARTS TO RISE IN THIS NON ACTIVE MONTH OF FEB. BUT SO IS THE OPEN INTEREST OF SPREADERS. THE OPEN INTEREST IN SILVER WILL CONTINUE TO RISE UNTIL ONE WEEK BEFORE FIRST DAY NOTICE OF AN UPCOMING ACTIVE DELIVERY MONTH (MAR), AND THAT IS WHEN THE CROOKS SELL THEIR SPREAD POSITIONS BUT NOT AT THE SAME TIME OF THE DAY. THEY WILL USE THE SELL SIDE OF THE EQUATION TO CREATE THE CASCADE (ALONG WITH THEIR COLLUSIVE FRIENDS) AND THEN COVER ON THE BUY SIDE OF THE SPREAD SITUATION AT THE END OF THE DAY. THEY DO THIS TO AVOID POSITION LIMIT DETECTION. THE LIQUIDATION OF THE SPREADING FORMATION CONTINUES FOR EXACTLY ONE WEEK AND ENDS ON FIRST DAY NOTICE.”
Read More @ HarveyOrganBlog.com
