HUNGARIAN CENTRAL BANK TRIPLES ITS RESERVES FROM 31 TONNES TO 94 TONNES OF GOLD

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by Harvey Organ, Harvey Organ Blog:

GOLD CLOSED DOWN $1.25 TO $1740.70//SILVER ROSE 3 CENTS TO $25.18//GOLD TONNAGE AT THE COMEX ROSE SMARTLY UP 1 FULL TONNE TO 79.9 TONNES//SILVER HELD FIRM AT 14.210 MILLION OZ//MAY OPEN INTEREST FOR SILVER REFUSES TO CONTRACT AND REMAINS AT 116,000 CONTRACTS//CORONAVIRUS UPDATE/VACCINE UPDATE//HUNGARIAN CENTRAL BANK TRIPLES ITS RESERVES FROM 31 TONNES TO 94 TONNES OF GOLD//USA MULLING THE IDEA OF BOYCOTTING THE BEIJING OLYMPICS//RUSSIA VS UKRAINE UPDATES/YELLEN TO REVEAL HER $2.5 TAX RECLAMATION PLAN: SHE THREATENS TO WITHDRAW ACCOMODATION//HIGHEST EVER USA DEFICIT IN FEB AT $71.1 BILLION//ARCHEGOS UPDATES/SWAMP STORIES FOR YOU TONIGHT

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

GOLD:$1740.70 DOWN $1.25   The quote is London spot price

Silver:$25.18 UP  $0.03   London spot price ( cash market)

your data.

Closing access prices:  London spot

i)Gold : $1737.50 LONDON SPOT  4:30 pm

ii)SILVER:  $25.15//LONDON SPOT  4:30 pm

PLATINUM AND PALLADIUM PRICES BY KITCOL

PLATINIUM  $1221.00 DOWN $14.00

PALLADIUM: 2542.00 DOWN $58.00 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   222/456

EXCHANGE: COMEX
CONTRACT: APRIL 2021 COMEX 100 GOLD FUTURES
SETTLEMENT: 1,741.500000000 USD
INTENT DATE: 04/06/2021 DELIVERY DATE: 04/08/2021
FIRM ORG FIRM NAME ISSUED STOPPED
____________________________________________________________________________________________
072 C GOLDMAN 40
072 H GOLDMAN 95
104 C MIZUHO 200
435 H SCOTIA CAPITAL 1
624 H BOFA SECURITIES 47
657 C MORGAN STANLEY 10
661 C JP MORGAN 222
661 H JP MORGAN 249
686 C STONEX FINANCIA 3
709 C BARCLAYS 26
737 C ADVANTAGE 2 2
800 C MAREX SPEC 4 3
880 H CITIGROUP 4
905 C ADM 1 3
____________________________________________________________________________________________

TOTAL: 456 456
MONTH TO DATE: 21,864

ISSUED: 0

Goldman Sachs:  stopped:  40

NUMBER OF NOTICES FILED TODAY FOR  APRIL. CONTRACT: 456 NOTICE(S) FOR 45600 OZ  (1.418 tonnes)

TOTAL NUMBER OF NOTICES FILED SO FAR:  21,864 NOTICES FOR 2,186,400 OZ  (68.00 tonnes)

SILVER//APRIL CONTRACT

1 NOTICE(S) FILED TODAY FOR 5,000  OZ/

total number of notices filed so far this month: 2435 for 12,175,000  oz

BITCOIN MORNING QUOTE  $55,942   DOWN 2374

BITCOIN AFTERNOON QUOTE.:  $55,984 DOWN 2332 DOLLARS

 

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GLD AND SLV INVENTORIES:

GLD AND SLV INVENTORIES:

Gold

WITH GOLD DOWN $1.25  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  CHANGE IN GOLD INVENTORY AT THE GLD//:  A PAPER  WITHDRAWAL OF 3.78 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: 1,029.05 TONNES OF GOLD//

Silver

AND WITH NO SILVER AROUND  TODAY: WITH SILVER UP 3 CENTS

A SMALL CHANGE IN SILVER INVENTORY AT THE SLV// A WITHDRAWAL OF 256,000 OZ

 

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:

574.868  MILLION OZ./SLV

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GLD closing price//NYSE 162.75 DOWN $0.47 OR  0.29%

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SLV closing price NYSE 23.34 UP $0.0 OR 00%

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Let us have a look at the data for today

THE COMEX OI IN SILVER ROSE BY A FAIR SIZED 583 CONTRACTS FROM 154,010 UP TO 154,593, AND CLOSER TO THE NEW RECORD OF 244,710, SET FEB 25/2020. THE GAIN IN OI OCCURRED WITH OUR  $0.39 GAIN IN SILVER PRICING AT THE COMEX  ON TUESDAY. IT SEEMS THAT THE GAIN IN COMEX OI IS  DUE TO A SOME BANKER AND ALGO  SHORT COVERING !//STRONG REDDIT RAPTOR BUYING//.. COUPLED AGAINST FAIR EXCHANGE FOR PHYSICAL ISSUANCE. WE ALSO  HAD ZERO LONG LIQUIDATION AS WE GAINED A STRONG 1136 TOTAL CONTRACTS ON OUR TWO EXCHANGES.

 

WE WERE  NOTIFIED  THAT WE HAD A FAIR  NUMBER OF  COMEX LONGS TRANSFERRING THEIR CONTRACTS TO LONDON THROUGH THE EFP ROUTE: 532,, AS WE HAD THE FOLLOWING ISSUANCE:  MARCH  0 MAY:  532 AND ZERO ALL  OTHER MONTHS  AND THEREFORE TOTAL ISSUANCE 532 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

58.425 MILLION OZ FINAL STANDING FOR MARCH 2021//2ND HIGHEST EVER RECORDED

14.210 MILLION OZ INITIAL STANDING FOR APRIL

TUESDAY, 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 $0.39) OUR OFFICIAL SECTOR/BANKERS WERE   UNSUCCESSFUL IN THEIR ATTEMPT TO FLEECE ANY SILVER LONGS AS  WE HAD A NET GAIN OF 1115 CONTRACTS ON OUR TWO EXCHANGES, THE MAJOR CAUSE WAS DUE TO i)SOME BANKER/ALGO SHORT COVERING// WE ALSO HAD  ii) GOOD REDDIT RAPTOR BUYING//.    iii)  A FAIR ISSUANCE OF EXCHANG EFOR PHYSICALS 2) A ZERO INCREASE IN SILVER STANDING FOR COMEX SILVER // APRIL: 14.210 MILLION OZ, 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..

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