CHINA SUSPENDS DIALOGUE WITH AUSTRALIA

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by Harvey Organ, Harvey Organ Blog:

STRONG DAY FOR GOLD AND SILVER: GOLD UP $20.75 TO 1815.10 BREAKING THE 1800 DOLLAR BARRIER//SILVER BREAKS THE 27.00 DOLLAR BARRIER AS IT IS UP $0.90 TO $27.36/GOLD TONNAGE ADVANCES TO 4.11 TONNES/SILVER OZ STANDING INCREASES TO 37.4 MILLION OZ//CORONAVIRUS UPDATES//VACCINE UPDATES//CHINA SUSPENDS DIALOGUE WITH AUSTRALIA//CHINA SLAMS THE G 7 FOR INTERVENING IN CHINA’S INTERNAL AFFAIRS//BIDEN TO KEEP TRUMP’S INVESTMENT BAN FOR CHINESE//BANK OF ENGLAND TO TAPER BOND PURCHASES/FRANCE THREATENS ENGLAND: FRANCE THREATENS TO CUT OFF ELECTRICITY OF JERSEY AS THEY WANT EXTRA FISHING RIGHTS//JOBLESS IN THE USA FALLS BUT STILL 16 MILLION AMERICANS RECEIVING COVID BENEFITS//SWAMP STORIES FOR YOU TONIGHT

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

GOLD:$1815.10   UP $20.75   The quote is London spot price

Silver:$27.36  UP  $0.90   London spot price ( cash market)

your data.

Closing access prices:  London spot

i)Gold : $1815.05 LONDON SPOT  4:30 pm

ii)SILVER:  $27.31//LONDON SPOT  4:30 pm

 

Non farm payrolls tomorrow

PLATINUM AND PALLADIUM PRICES BY GOLD-EAGLE (MORE ACCURATE)

PLATINIUM  $1256.08 UP $31.43

PALLADIUM: 2949.28 DOWN $31.90  PER OZ.

 

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

James Mc late this afternoon… May 3

Coin premiums to spot widening- Silver Eagles look like around 50%+ to spot. Gold Eagles +$170 to spot. How long can they keep this derivatives charade going?

Jim McShirley

May 5: Jim McShirley:

Meanwhile the separation between physical and spot continues to increase. Gold Eagles are now showing +$180 or more to spot on several popular sites. Silver Eagles are +$13 and up to spot. If you ignore the ticker going by on cable news gold is nearly $2k in the real world, silver $40. That’s still a pittance, but nothing like MSM is presenting to the public.

Editorial of The New York Sun | February 1, 2021

end

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COMEX DATA

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

receiving today  168/218

EXCHANGE: COMEX
CONTRACT: MAY 2021 COMEX 100 GOLD FUTURES
SETTLEMENT: 1,784.100000000 USD
INTENT DATE: 05/05/2021 DELIVERY DATE: 05/07/2021
FIRM ORG FIRM NAME ISSUED STOPPED
____________________________________________________________________________________________
118 H MACQUARIE FUT 218
332 H STANDARD CHARTE 45
661 C JP MORGAN 168
737 C ADVANTAGE 5
____________________________________________________________________________________________

TOTAL: 218 218
MONTH TO DATE: 970

ISSUED: 0

Goldman Sachs:  stopped: 0

NUMBER OF NOTICES FILED TODAY FOR  MAY. CONTRACT: 218 NOTICE(S) FOR 21800 OZ  (0.6780 tonnes)

TOTAL NUMBER OF NOTICES FILED SO FAR:  970 NOTICES FOR 97,000 OZ  (3.0171 tonnes)

SILVER//MAY CONTRACT

21 NOTICE(S) FILED TODAY FOR 105,000  OZ/

total number of notices filed so far this month  : 6231 for 31,155,000  oz

 

BITCOIN MORNING QUOTE  $57,822   UP 711 DOLLARS

BITCOIN AFTERNOON QUOTE.:$55,320 DOWN 1791 DOLLARS

 

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GLD AND SLV INVENTORIES:

GLD AND SLV INVENTORIES:

Gold

WITH GOLD UP $20.75AND NO PHYSICAL TO BE FOUND ANYWHERE:

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

A SMALL  CHANGE IN GOLD INVENTORY AT THE GLD//:   A DEPOSIT OF 1.13 TONNES OF GOLD INTO THE GLD.

 

WITH RESPECT TO GLD WITHDRAWALS:  (OVER THE PAST FEW MONTHS)

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: 1,019.33 TONNES OF GOLD//

Silver

AND WITH NO SILVER AROUND  TODAY: WITH SILVER  UP 90 CENTS

TWO  CHANGES IN SILVER INVENTORY AT THE SLV// 1. A WITHDRAWAL 0F 223,000 OZ FROM THE SLV//

2. A HUGE DEPOSIT OF 1.312 MILLION OZ INTO 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:

568.57  MILLION OZ./SLV

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GLD closing price//NYSE 170.04 UP $2.77 OR  1.66%

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SLV closing price NYSE 25.36 UP $0.79 OR 3.23%

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Let us have a look at the data for today

THE COMEX OI IN SILVER FELL BY A SMALL SIZED 417 CONTRACTS FROM 167,073 DOWN TO 166,656, AND FURTHER FROM  THE NEW RECORD OF 244,710, SET FEB 25/2020. THE LOSS IN OI OCCURRED DESPITE OUR TINY $0.01 GAIN IN SILVER PRICING AT THE COMEX  ON WEDNESDAY. IT SEEMS THAT THE LOSS IN COMEX OI IS PRIMARILY DUE TO HUGE BANKER AND ALGO  SHORT COVERING !//GOOD REDDIT RAPTOR BUYING//.. COUPLED AGAINST A SMALL EXCHANGE FOR PHYSICAL ISSUANCE. WE ALSO  HAD ZERO/MINOR LONG LIQUIDATION

 

WE WERE  NOTIFIED  THAT WE HAD A SMALL  NUMBER OF  COMEX LONGS TRANSFERRING THEIR CONTRACTS TO LONDON THROUGH THE EFP ROUTE: 150,, AS WE HAD THE FOLLOWING ISSUANCE: MAY:  0, JUNE: 0 JULY 150 AND ZERO ALL  OTHER MONTHS  AND THEREFORE TOTAL ISSUANCE 150 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! SILVER IS IN BACKWARDATION AND AS SUCH THE DANGER TO OUR BANKERS IS LONDONERS WILL PURCHASE CHEAPER FUTURES METAL OVER HERE AND THEN TAKE DELIVERY.

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***(5THHIGHEST RECORDED STANDING FOR SILVER)

2.205  MILLION OF FINAL STANDING FOR JUNE

86.470MILLION OZ FINAL STANDING IN JULY…RECORD HIGHEST EVER RECORDED

6.475 MILLION OZ FINAL STANDING IN AUGUST

55.400MILLION OZ FINAL STANDING IN SEPT (3RD HIGHEST RECORDED STANDING)

8.900 MILLION OZ INITIALLY STANDING IN OCT.

3.950 MILLION OZ FINAL STANDING IN NOV.

46.685 MILLION OZ FINAL STANDING FOR DEC. (4TH HIGHEST RECORDED STANDING)

2021

60 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

14.935 MILLION OZ INITIAL STANDING FOR APRIL

37.365 MILLION OZ INITIAL STANDING FOR MAY

 

WEDNESDAY, 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 $0.01). OUR OFFICIAL SECTOR/BANKERS WERE  BASICALLY UNSUCCESSFUL IN THEIR ATTEMPT TO FLEECE ANY SILVER LONGS AS  WE HAD A VERY TINY LOSS OF 267 CONTRACTS ON OUR TWO EXCHANGES.  THE LOSS WAS DUE TO i) SOME BANKER/ALGO SHORT COVERING// WE ALSO HAD  iii) GOOD REDDIT RAPTOR BUYING//.    iv)  A SMALL ISSUANCE OF EXCHANGE FOR PHYSICALS 2) A VERY STRONG INITIAL  SILVER STANDING FOR COMEX SILVER MEASURING AT 37.700 MILLION OZ AND THEN RISING TO 37.365 MILLION OZ ON DAY 5, v) SMALL COMEX OI LOSS //.YOU CAN BET THE FARM THAT OUR BANKERS  ARE DESPERATE TO LIQUIDATE THEIR HUGE SHORT POSITIONS IN SILVER..

HISTORICAL ACCUMULATION OF EXCHANGE FOR PHYSICALS

 

MAY

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

7670 CONTRACTS (FOR 4 TRADING DAY(S) TOTAL 7670 CONTRACTS) OR 38.350 MILLION OZ: (AVERAGE PER DAY: 1918 CONTRACTS OR 9.58 MILLION OZ/DAY)

TO GIVE YOU AN IDEA AS TO THE HUGE SUPPLY THIS MONTH IN SILVER:  SO FAR THIS MONTH OF MAY: 38.350MILLION 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: : 103.450 MILLION OZ  (DRAMATICALLY SLOWING DOWN AGAIN//FEARS OF EFP CONTRACTS BEING EXERCISED FOR METAL)

APRIL: 84.730 MILLION OZ  (SILVER IS NOW IN SEVERE BACKWARDATION AND THUS DRAMATICALLY FEWER ISSUANCE OF EFP’S)

MAY: 38.350 MILLION OZ. (SILVER IS STILL IN SEVER BACKWARDATION)

 

RESULT: WE HAD A SMALL DECREASE COMEX OI SILVER COMEX CONTRACTS OF 417, DESPITE OUR $0.01 GAIN IN SILVER PRICING AT THE COMEX ///WEDNESDAY .…THE CME NOTIFIED US THAT WE HAD A TINY SIZED EFP ISSUANCE OF 150 CONTRACTS WHICH  EXITED OUT OF THE SILVER COMEX  TO LONDON  AS FORWARDS.

TODAY WE HAD A SMALL SIZED LOSS OF 267 OI CONTRACTS ON THE TWO EXCHANGES (WITH OUR  $0.01 RISE IN PRICE)//THE DOMINANT FEATURE TODAY// SOME BANKER SHORTCOVERING/  AND A VERY STRONG INITIAL SILVER OZ STANDING FOR MAY. (37.770 MILLION OZ) FOLLOWED TODAY WITH A 95,000 OZ QUEUE JUMP SO OUR NEW STANDING IS 37.365,000 OZ. 

 

THE TALLY//EXCHANGE FOR PHYSICALS

i.e  150 OPEN INTEREST CONTRACTS HEADED FOR LONDON  (EFP’s)TOGETHER WITH A SMALL SIZED DECREASE OF 417 OI COMEX CONTRACTS.AND ALL OF THIS DEMAND HAPPENED WITH OUR $0.01 GAIN IN PRICE OF SILVER/AND A CLOSING PRICE OF $26.46//WEDNESDAY’S TRADING. YET WE STILL HAVE A STRONG AMOUNT OF SILVER STANDING AT THE COMEX FOR DELIVERY. 

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