ANOTHER HEDGE FUND BLOWN UP (ARCHEGOS) WHICH FOLLOWS LAST WEEK’S GREENSILL

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by Harvey Organ, Harvey Organ Blog:

ANOTHER HEDGE FUND BLOWN UP (ARCHEGOS) WHICH FOLLOWS LAST WEEK’S GREENSILL//GOLD DOWN $20.00 TO $1713.90//SILVER DOWN 34 CENTS TO $24.73//APRIL SILVER LOOKS LIKE 15.5 MILLION OZ WILL STAND AND GOLD: 120 TONNES OR SO//CORONAVIRUS UPDATES//VACCINE UPDATES//60 MINUTES STATES THAT THE COVID 19 VIRUS PROBABLY CAME FROM WUHAN LAB//WILLIAM ENGDAHL..A MUST READ: WILL A CHINESE REAL ESTATE COLLAPSE CAUSE A GLOBAL MELTDOWN!!//SUEZ CANAL//CONTAINER SHIP FREED BUT BACKLOG WILL TAKE AT LEAST 10 DAYS TO CLEAR//BIDEN TO INTRODUCE HIS $3 TRILLION INFRASTRUCTURE BILL ON WEDNESDAY/SWAMP STORIES FOR YOU TONIGHT

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

GOLD:$1713.90 DOWN  $20.00   The quote is London spot price

Silver:$24.73 DOWN  $0.34   London spot price ( cash market)

your data…

Closing access prices:  London spot

i)Gold : $1712.20 LONDON SPOT  4:30 pm

ii)SILVER:  $24.66//LONDON SPOT  4:30 pm

PLATINUM AND PALLADIUM PRICES BY KITCO

PLATINIUM  $1171.00 DOWN $11.00

PALLADIUM: 2440.00 DOWN $154. PER OZ

James McShirley on the pricing of gold eagles/and silver eagle33

Even the TV pundits are now asking, without bothering to investigate, “what’s wrong with gold?” Yes indeed, what’s wrong with gold, other than a relentless daily cartel assault on PAPER gold. The physical coin premiums are widening out to spot. Gold Eagles are showing $200+ to spot, Silver Eagles $10+ to spot, if you can even find them. Supply and demand- fuggettaboutit. The more dollars printed the more valuable they become, and the more scarce gold and silver are the lower their prices go, so sayeth the Working Group.

Jim McShirley

Editorial of The New York Sun | February 1, 2021

end

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Today, a second  hedge fund blew up  (Archegos) which follows last week’s Greensill blowup.
And gold does down?

COMEX DATA

COMEX DATA

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

receiving today  0/4

EXCHANGE: COMEX
CONTRACT: MARCH 2021 COMEX 100 GOLD FUTURES
SETTLEMENT: 1,732.200000000 USD
INTENT DATE: 03/26/2021 DELIVERY DATE: 03/30/2021
FIRM ORG FIRM NAME ISSUED STOPPED
____________________________________________________________________________________________
435 H SCOTIA CAPITAL 4
732 C RBC CAP MARKETS 4
____________________________________________________________________________________________

TOTAL: 4 4
MONTH TO DATE: 9,686

ISSUED: 0

Goldman Sachs:  stopped:  0

NUMBER OF NOTICES FILED TODAY FOR  MARCH. CONTRACT: 4 NOTICE(S) FOR 400 OZ  (0.01244 tonnes)

TOTAL NUMBER OF NOTICES FILED SO FAR:  9686 NOTICES FOR 968600 OZ  (30.127 tonnes)

SILVER//MAR CONTRACT

77 NOTICE(S) FILED TODAY FOR 385,000  OZ/

total number of notices filed so far this month: 11,660 for 58,300,000  oz

BITCOIN MORNING QUOTE  $57,960   UP 4637

BITCOIN AFTERNOON QUOTE.:  $57,611  UP 4296 DOLLARS .

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GLD AND SLV INVENTORIES:

GLD AND SLV INVENTORIES:

Gold

WITH GOLD DOWN $20.00  AND NO PHYSICAL TO BE FOUND ANYWHERE:

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

A HUGE  CHANGES IN GOLD INVENTORY AT THE GLD//:  A WITHDRAWAL OF 6.41 TONNES OF PAPER GOLD FROM GLD.

WITH RESPECT TO GLD WITHDRAWALS:

GOLD IS “RETURNED” TO THE BANK OF ENGLAND WHO ARE CALLING IN THEIR LEASES: THE GOLD NEVER LEAVES THE B OF ENGLAND IN THE FIRST PLACE. THE BANK IS PROTECTING ITSELF IN CASE OF COMMERCIAL FAILURE

THIS IS A MASSIVE FRAUD!!

GLD: 1,036.62 TONNES OF GOLD//

Silver

AND WITH NO SILVER AROUND  TODAY: WITH SILVER DOWN 34 CENTS

A HUGE CHANGE IN SILVER INVENTORY AT THE SLV// A WITHDRAWAL OF 0 MILLION OZ  FROM THE SLV/

WITH REGARD TO SILVER WITHDRAWALS FROM THE SLV:

THE SILVER WITHDRAWALS ARE ACTUALLY “RETURNED” TO JPM, AS JPMORGAN CALLS IN ITS LEASES WITH THE SLV FUND.  (THE STORY IS THE SAME AS THE BANK OF ENGLAND’S GOLD). THE SILVER NEVER LEAVES JPMORGAN’S VAULTS. THEY ARE CALLING IN THEIR LEASES FOR FEAR OF SOLVENCY ISSUES.

INVENTORY RESTS AT:

: 578.605  MILLION OZ./SLV

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GLD closing price//NYSE 160.35 UP $1.89 OR  1.16%

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SLV closing price NYSE 22.40  DOWN $0.32 OR 1.38%

We are now entering options expiry week , with the OTC/LBMA expiring on first day notice day March 31.  How they let these crooks engage in this criminal activity month after month is beyond me. Comex expired at 1:30 pm est today.

So bear with it.  Inflation will run rampant and that will propel gold and silver.

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Let us have a look at the data for today

THE COMEX OI IN SILVER FELL BY A SMALL SIZED 454 CONTRACTS FROM 156,955 DOWN TO 156,501, AND FURTHER FROM THE NEW RECORD OF 244,710, SET FEB 25/2020. THE LOSS IN OI OCCURRED WITH OUR  $0.05 GAIN IN SILVER PRICING AT THE COMEX  ON FRIDAY. IT SEEMS THAT THE LOSS IN COMEX OI IS  DUE TO A HUMONGOUS BANKER AND ALGO  SHORT COVERING !//HUGE REDDIT RAPTOR BUYING//.. COUPLED AGAINST A TINY EXCHANGE FOR PHYSICAL ISSUANCE. WE ALSO PROBABLY HAD ZERO LONG LIQUIDATION AS ALMOST ALL OF THE LOSS  WAS DUE TO BANKER SHORT COVERING  AND A HUGE INCREASE STANDING AT THE COMEX FOR MAR. WE HAD A SMALL NET LOSS IN OUR TWO EXCHANGES OF 327 CONTRACTS  (SEE CALCULATIONS BELOW).

WE WERE  NOTIFIED  THAT WE HAD A SMALL  NUMBER OF  COMEX LONGS TRANSFERRING THEIR CONTRACTS TO LONDON THROUGH THE EFP ROUTE: 127,, AS WE HAD THE FOLLOWING ISSUANCE:  MARCH  0 MAY:  127 AND ZERO ALL  OTHER MONTHS  AND THEREFORE TOTAL ISSUANCE 127 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 33 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

2020

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…RECORD HIGHEST EVER

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.

2021

6.890 MILLION FINAL STANDING FOR JAN 2021

12.020  MILLION OZ FINAL STANDING FOR FEB 2021

58.300 MILLION OZ INITIAL STANDING FOR MARCH 2021//2ND HIGHEST EVER RECORDED

FRIDAY, AGAIN OUR CROOKS USED COPIOUS PAPER TRYING TO LIQUIDATE SILVER’S PRICE …AND THEY WERE UNSUCCESSFUL IN KNOCKING THE PRICE OF SILVER DOWN ,(IT ROSE BY $0.05) OUR OFFICIAL SECTOR/BANKERS WERE PROBABLY UNSUCCESSFUL IN THEIR ATTEMPT TO FLEECE ANY SILVER LONGS AS EVEN THOUGH WE HAD A NET LOSS OF 287 CONTRACTS ON OUR TWO EXCHANGES, THE MAJOR CAUSE WAS DUE TO i)HUMONGOUS BANKER/ALGO SHORT COVERING// WE ALSO HAD  ii)STRONG REDDIT RAPTOR BUYING//.    iii)  A SMALL ISSUANCE OF EXCHANGE FOR PHYSICALS 2) A STRONG INCREASE IN STANDING FOR COMEX SILVER  // MAR, iv) SMALL COMEX OI LOSS AND iv) ZERO//MINOR LONG LIQUIDATION //.YOU CAN BET THE FARM THAT OUR BANKERS  ARE DESPERATE TO LIQUIDATE THEIR HUGE SHORT POSITIONS IN SILVER..

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