ARGENTINA WILL DEFAULT AGAIN FOR THE NTH TIME

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by Harvey Organ, Harvey Organ Blog:

GOLD UP $7.00 TO $1733.90//SILVER UP 5 CENTS TO $25.07//GOLD TONNAGE FINALIZES AT COMEX RISING TO 30.13 TONNES//SILVER REMAINS CONSTANT AT 58 MILLION OZ/OPEN INTEREST IN SILVER APRIL REMAINS HIGH INDICATING A 15 MILLION OZ INITIAL STANDING//APRIL GOLD ALSO EXTREMELY HIGH: WE MAY HAVE NORTH OF 130 TONNE STANDING//CORONAVIRUS UPDATES/VACCINE UPDATES//CHINA ENTERS TAIWAN AIRSPACE/GREENSILL FINALLY ENTERS BANKRUPTCY PROTECTION IN NY//CREDIT SUISSE CONTEMPLATING PAYING BACK INVESTORS FOR THEIR LOSSES ($3 BILLION)//TAIWAN DEVELOPING LONG RANGE MISSILES TO HIT MAINLAND CHINA//SUEZ CANAL BLOCKAGE: A HUGE GLOBAL SUPPLY DISRUPTION//ARGENTINA WILL DEFAULT AGAIN FOR THE NTH TIME//AMERICAN INCOME COLLAPSES IN FEB.//TRADE DEFICIT IN THE USA FOR GOODS WIDENS TO $86.7 BILLION DOLLARS//SWAMP STORIES FOR YOU TONIGHT

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

GOLD:$1733.90 UP  $7.00   The quote is London spot price

Silver:$25.07 UP  $0.05   London spot price ( cash market)

your data…

Closing access prices:  London spot

i)Gold : $1732.80  LONDON SPOT  4:30 pm

ii)SILVER:  $25.07//LONDON SPOT  4:30 pm

PLATINUM AND PALLADIUM PRICES BY KITCO

PLATINIUM  $1177.00 UP $34.00

PALLADIUM: 2594.00 UP $64.00. 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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COMEX DATA

COMEX DATA

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

receiving today  28/213

EXCHANGE: COMEX
CONTRACT: MARCH 2021 COMEX 100 GOLD FUTURES
SETTLEMENT: 1,724.900000000 USD
INTENT DATE: 03/25/2021 DELIVERY DATE: 03/29/2021
FIRM ORG FIRM NAME ISSUED STOPPED
____________________________________________________________________________________________
072 C GOLDMAN 1
072 H GOLDMAN 8
332 H STANDARD CHARTE 19
435 H SCOTIA CAPITAL 30
523 H INTERACTIVE BRO 6
624 H BOFA SECURITIES 35
657 C MORGAN STANLEY 1
661 C JP MORGAN 28
732 C RBC CAP MARKETS 212 1
800 C MAREX SPEC 85
____________________________________________________________________________________________

TOTAL: 213 213
MONTH TO DATE: 9,682

ISSUED: 0

Goldman Sachs:  stopped:  1

NUMBER OF NOTICES FILED TODAY FOR  MARCH. CONTRACT: 213 NOTICE(S) FOR 21,300 OZ  (0.6625 tonnes)

TOTAL NUMBER OF NOTICES FILED SO FAR:  9682 NOTICES FOR 968200 OZ  (30.115 tonnes)

SILVER//MAR CONTRACT

439 NOTICE(S) FILED TODAY FOR 2195,000  OZ/

total number of notices filed so far this month: 11,583 for 57,915,000  oz

BITCOIN MORNING QUOTE  $53,011   UP 850

BITCOIN AFTERNOON QUOTE.:  $53,153  UP 992 DOLLARS .

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GLD AND SLV INVENTORIES:

GLD AND SLV INVENTORIES:

Gold

WITH GOLD UP $7.00  AND NO PHYSICAL TO BE FOUND ANYWHERE:

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

NO  CHANGES IN GOLD INVENTORY AT THE 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 E. IN THE FIRST PLACE. THE BANK IS PROTECTING ITSELF IN CASE OF COMMERCIAL FAILURE

THIS IS A MASSIVE FRAUD!!

GLD: 1,043.03 TONNES OF GOLD//

Silver

AND WITH NO SILVER AROUND  TODAY: WITH SILVER UP 5 CENTS

A HUGE CHANGE IN SILVER INVENTORY AT THE SLV// A WITHDRAWAL OF 3.253 MILLION OZ WITHDRAWAL FROM THE SLV/

TWO HUGE WITHDRAWALS OF: 2.042 MILLION OZ AT 3 20 PM EST AND ANOTHER AT 5:20:  1.949 MILLION OZ

THIS 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 FOR GOLD ABOVE. THE SILVER (AS DOES GOLD) NEVER LEAVES JPMORGAN’S VAULTS. THEY ARE ALSO 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 162.26 UP $0.48 OR  0.30%

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SLV closing price NYSE 23.24  DOWN $0.04 OR 0.19%

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 VERY STRONG SIZED 1866 CONTRACTS FROM 158,821 DOWN TO 156,955, AND FURTHER FROM THE NEW RECORD OF 244,710, SET FEB 25/2020. THE LOSS IN OI OCCURRED WITH OUR  $0.15 LOSS IN SILVER PRICING AT THE COMEX  ON THURSDAY. 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 STRONG 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 SMALL DECREASE STANDING AT THE COMEX FOR MAR. WE HAD A FAIR NET LOSS IN OUR TWO EXCHANGES OF 541 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: 1325,, AS WE HAD THE FOLLOWING ISSUANCE:  MARCH  0 MAY:  1325 AND ZERO ALL  OTHER MONTHS  AND THEREFORE TOTAL ISSUANCE 1325 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

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

THURSDAY, AGAIN OUR CROOKS USED COPIOUS PAPER TRYING TO LIQUIDATE SILVER’S PRICE …AND THEY WERE SUCCESSFUL IN KNOCKING THE PRICE OF SILVER DOWN ,(IT FELL BY $0.15) OUR OFFICIAL SECTOR/BANKERS WERE PROBABLY UNSUCCESSFUL IN THEIR ATTEMPT TO FLEECE ANY SILVER LONGS AS EVEN THOUGH WE HAD A NET LOSS OF 541 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 STRONG ISSUANCE OF EXCHANGE FOR PHYSICALS 2) A TINY DECREASE IN STANDING FOR COMEX SILVER  // MAR, iv) STRONG 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..

NOBODY LEFT THE SILVER ARENA WITH TODAY’S RAID//AND FOR THAT MATTER NOBODY LEFT THE GOLD ARENA

HISTORICAL ACCUMULATION OF EXCHANGE FOR PHYSICALS

MAR

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

17,397CONTRACTS (FOR 20 TRADING DAY(S) TOTAL 17,397 CONTRACTS) OR 86.985 MILLION OZ: (AVERAGE PER DAY: 8698 CONTRACTS OR 4.349 MILLION OZ/DAY)

TO GIVE YOU AN IDEA AS TO THE HUGE SUPPLY THIS MONTH IN SILVER:  SO FAR THIS MONTH OF MAR: 86.985 MILLION PAPER OZ HAVE MORPHED OVER TO LONDON.

TO GIVE YOU AN IDEA AS TO THE HUGE SUPPLY THIS MONTH IN SILVER:  SO FAR THIS MONTH OF MAR: 86.985.MILLION PAPER OZ HAVE MORPHED OVER TO LONDON.

JAN EFP ACCUMULATION FINAL:  113.735 MILLION OZ

FEB EFP ACCUMULATION FINAL:   208.18 MILLION OZ (RAPIDLY INCREASING AGAIN)

MAR EFP ACCUMULATION SO FAR: A STRONG: 86.985 MILLION OZ  (DRAMATICALLY SLOWING DOWN AGAIN//FEARS OF EFP CONTRACTS BEING EXERCISED FOR METAL)

RESULT: WE HAD A STRONG SIZED DECREASE IN COMEX OI SILVER COMEX CONTRACTS OF 1866, DESPITE OUR $0.15 LOSS IN SILVER PRICING AT THE COMEX ///THURSDAY .…THE CME NOTIFIED US THAT WE HAD A STRONG SIZED EFP ISSUANCE OF 1325 CONTRACTS WHICH  EXITED OUT OF THE SILVER COMEX  TO LONDON  AS FORWARDS.

TODAY WE HAD A SMALL SIZED LOSS OF 541 OI CONTRACTS ON THE TWO EXCHANGES (WITH OUR  $0.15 LOSS IN PRICE)//THE DOMINANT FEATURE TODAY WAS THE MASSIVE BANKER SHORTCOVERING.THEY SEE THE TEA LEAVES.

THE TALLY//EXCHANGE FOR PHYSICALS

i.e  1325 OPEN INTEREST CONTRACTS HEADED FOR LONDON  (EFP’s)TOGETHER WITH A STRONG SIZED DECREASE OF 1866 OI COMEX CONTRACTS. AND ALL OF THIS DEMAND HAPPENED WITH OUR $0.15 LOSS IN PRICE OF SILVER/AND A CLOSING PRICE OF $25.02 //THURSDAY’S TRADING. YET WE STILL HAVE A STRONG AMOUNT OF SILVER STANDING AT THE COMEX FOR DELIVERY. 

FOR THE NEW MAR.  DELIVERY MONTH/ THEY FILED AT THE COMEX: 439 NOTICE(S) FOR  2,195,000, 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 3743 CONTRACTS TO 478,643,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  DECREASE IN COMEX OI OCCURRED WITH OUR FALL IN PRICE  OF $7.10///COMEX GOLD TRADING//THURSDAY. AS IN SILVER WE MUST HAVE HAD STRONG BANKER/ALGO SHORT COVERING ACCOMPANYING OUR SMALL SIZED EXCHANGE FOR  PHYSICAL ISSUANCE. WE HAD ZERO LONG LIQUIDATION.. WE ALSO HAD A SMALL ADVANCE IN GOLD STANDING  AT THE COMEX RISING TO 30.130 TONNES FOR MARCH..

YET ALL OF..THIS HAPPENED WITH OUR LOSS IN PRICE OF $7.10 WITH RESPECT TO THURSDAY’S TRADING

WE HAD A VOLUME OF 0    4 -GC CONTRACTS//OPEN INTEREST  0//

WE HAD A SMALL SIZED LOSS  OI 1610 CONTRACTS (5.007 TONNES) ON OUR TWO EXCHANGES..

E.F.P. ISSUANCE

THE CME RELEASED THE DATA FOR EFP ISSUANCAND IT TOTALED A SMALL SIZED 2133 CONTRACTS:

CONTRACT . FEB:0,  APRIL:  2133 AND JUNE:  0  ALL OTHER MONTHS ZERO//TOTAL: 2133.  The NEW COMEX OI for the gold complex rests at 478,643. 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.

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