BANK OF ENGLAND REFUSES TO ANSWER WHETHER THEY LEASED GOLD TO ANY PARTY

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by Harvey Organ, Harvey Organ Blog:

GOLD DOWN $3.90 TO $1738.90//SILVER DOWN 50 CENTS TO $25.71//GOLD TONNAGE STANDING AT THE COMEX INCREASES TO ALMOST 30 TONNES//SILVER OZ STANDING: NORTH OF 56 MILLION OZ//CORONAVIRUS UPDATE//VACCINE UPDATES/BANK OF ENGLAND REFUSES TO ANSWER WHETHER THEY LEASED GOLD TO ANY PARTY//PERTH MINT PROBLEMS//CHINA, EU AND USA ENGAGE IN TIT FOR TAX SANCTIONS//TURMOIL IN TURKEY AS ERDOGAN SACKS HIS CENTRAL BANKER: LIRA PLUMMETS// CHICAGO NATIONAL ACTIVITY INDEX PLUMMETS LAST MONTH//EXISTING HOME SALES ALSO PLUMMET!/SOUTHERN BORDER IN THE USA A MESS!!/SWAMP STORIES FOR YOU TONIGHT

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

GOLD:$1738.90 DOWN $3.90   The quote is London spot price

Silver:$25.71 DOWN  $0.50   London spot price ( cash market)

PLATINUM AND PALLADIUM PRICES BY KITCO

PLATINIUM  $1177.00 DOWN $9.00

PALLADIUM: 2526.00 DOWN $14.00. PER OZ

Closing access prices:  London spot//GOLD AND SILVER

i)Gold : $1739.20  LONDON SPOT  4:30 pm

ii)SILVER:  $25.75//LONDON SPOT  4:30 pm

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

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

Editorial of The New York Sun | February 1, 2021

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COMEX DATA

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

receiving today 0/0

MONTH TO DATE: 8,443

issued:  0

Goldman Sachs:  stopped:  0

NUMBER OF NOTICES FILED TODAY FOR  MAR. CONTRACT:  0 NOTICE(S) FOR NIL OZ  (NIL tonnes)

TOTAL NUMBER OF NOTICES FILED SO FAR:  8443 NOTICES FOR 844300  OZ  (26.261 tonnes)

SILVER//MAR CONTRACT

236 NOTICE(S) FILED TODAY FOR 1,180,000  OZ/

total number of notices filed so far this month: 10,564 for 52,820,000  oz

BITCOIN MORNING QUOTE  $57,788,  DOWN $1123

BITCOIN AFTERNOON QUOTE.:$56,000 down $2911    .

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GLD AND SLV INVENTORIES:

Gold

WITH GOLD DOWN $3.90  AND NO PHYSICAL TO BE FOUND ANYWHERE:

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

A HUGE CHANGE IN GOLD INVENTORY AT THE GLD//:A DEPOSIT OF: 3.50 PAPER TONNES FROM THE GLD.

GLD: 1,051.78 TONNES OF GOLD//

Silver

WITH SILVER DOWN 50 CENTS TODAY: AND WITH NO SILVER AROUND

AT 3:00 PM EST A HUGE CHANGE IN SILVER INVENTORY AT THE SLV// A WITHDRAWAL OF 1.486 MILLION OZ FROM THE SLV AND AT 5:20 PM ANOTHER HUGE WITHDRAWAL OF 2.599 MILLION OZ: TOTAL  A MAMMOTH 4.085 MILLION OZ(PAPER OZ ) LEAVES THE SLV..

INVENTORY RESTS AT:

SLV: 585.846  MILLION OZ./

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GLD closing price//NYSE 162.99 DOWN $0.25 OR  0.15%

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SLV closing price NYSE 23.94  DOWN $0.36 OR 1.50%

We are now entering options expiry week , with the COMEX expiring this Thursday and 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.

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 ROSE BY A FAIR SIZED 557 CONTRACTS FROM 160,830 UP TO 161,387, AND CLOSER TO  A NEW RECORD OF 244,710, (FEB 25/2020. THE GAIN IN OI OCCURRED DESPITE OUR $0.08 LOSS IN SILVER PRICING AT THE COMEX  ON FRIDAY. IT SEEMS THAT THE GAIN IN COMEX OI IS  DUE TO A HUMONGOUS BANKER AND ALGO  SHORT COVERING !//HUGE REDDIT RAPTOR BUYING//.. COUPLED AGAINST A SMALL EXCHANGE FOR PHYSICAL ISSUANCE. WE ALSO HAD ZERO LONG LIQUIDATION  AND A VERY STRONG INCREASE STANDING AT THE COMEX FOR MAR. WE HAD A STRONG NET GAIN IN OUR TWO EXCHANGES OF 925 CONTRACTS  (SEE CALCULATIONS BELOW).

WE WERE  NOTIFIED  THAT WE HAD A FAIR  NUMBER OF  COMEX LONGS TRANSFERRING THEIR CONTRACTS TO LONDON THROUGH THE EFP ROUTE:  225,, AS WE HAD THE FOLLOWING ISSUANCE:  MARCH  0 MAY:  225 AND ZERO ALL  OTHER MONTHS  AND THEREFORE TOTAL ISSUANCE 225 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

12.020  MILLION OZ FINAL STANDING FOR FEB 2021

56.345 MILLION OZ INITIAL STANDING FOR MARCH 2021

FRIDAY, 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 $0.08) ).. BUT, OUR OFFICIAL SECTOR/BANKERS WERE UNSUCCESSFUL IN THEIR ATTEMPT TO FLEECE ANY SILVER LONGS AS WE HAD A NET GAIN OF 782 CONTRACTS ON OUR TWO EXCHANGES.  THE TOTAL GAIN WAS DUE TO i) HUGE BANKER/ALGO SHORT COVERING// STRONG REDDIT RAPTOR BUYING//.    iii)  A SMALL ISSUANCE OF EXCHANGE FOR PHYSICALS 2) A STRONG INCREASE IN STANDING FOR COMEX SILVER  // MAR, iv) FAIR COMEX OI GAIN 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.

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:

14,646 CONTRACTS (FOR 16 TRADING DAY(S) TOTAL 14,646 CONTRACTS) OR 73.230 MILLION OZ: (AVERAGE PER DAY: 915 CONTRACTS OR 4.578 MILLION OZ/DAY)

TO GIVE YOU AN IDEA AS TO THE HUGE SUPPLY THIS MONTH IN SILVER:  SO FAR THIS MONTH OF MAR: 73.230 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: 73.230MILLION 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: 73.230 MILLION OZ  (DRAMATICALLY SLOWING DOWN AGAIN//FEARS OF EFP CONTRACTS BEING EXERCISED FOR METAL)

RESULT: WE HAD A FAIR SIZED INCREASE IN COMEX OI SILVER COMEX CONTRACTS OF 700, DESPITE OUR   $0.08 LOSS IN SILVER PRICING AT THE COMEX ///FRIDAY .…THE CME NOTIFIED US THAT WE HAD A SMALL SIZED EFP ISSUANCE OF 225 CONTRACTS WHICH  EXITED OUT OF THE SILVER COMEX  TO LONDON  AS FORWARDS.

TODAY WE HAD A FAIR SIZED GAIN OF 925 OI CONTRACTS ON THE TWO EXCHANGES (DESPITE OUR  $0.08 LOSS IN PRICE)//

THE TALLY//EXCHANGE FOR PHYSICALS

i.e  225 OPEN INTEREST CONTRACTS HEADED FOR LONDON  (EFP’s)TOGETHER WITH A FAIR SIZED INCREASE OF 557 OI COMEX CONTRACTS. AND ALL OF THIS DEMAND HAPPENED WITH OUR $0.08 LOSS IN PRICE OF SILVER/AND A CLOSING PRICE OF $26.21 //FRIDAY’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: 236 NOTICE(S) FOR  1,180,000, 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)

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