USA PRODUCTION SLUMPS DUE TO SUPPLY CHAIN DISRUPTIONS

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by Harvey Organ, Harvey Organ Blog:

GOLD UP $23.00 TO $1791.70//SILVER UP 99 CENTS TO $26.85//GOLD STANDING ADVANCES TO 5.35 TONNES//SILVER ADVANCES IN STANDING AT THE COMEX FOR MAY AT 37.8 MILLION OZ//LUMBER PRICES SKYROCKET//AS DOES COPPER AND ALL OF THE COMMODITIES MOST COMMODITES ARE IN BACKWARDATION IN FUTURE MARKETS// CHRIS MARCUS LETTER TO THE CFTC //CORONAVIRUS UPDATE THE GLOBE AND INDIA//VACCINE UPDATES//USA PRODUCTION SLUMPS DUE TO SUPPLY CHAIN DISRUPTIONS//SWAMP STORIES FOR YOU TONIGHT

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

GOLD:$1791.70   UP $23.00   The quote is London spot price

Silver:$26.85 UP  $0.99   London spot price ( cash market)

your data.

Closing access prices:  London spot

i)Gold : $1793.10 LONDON SPOT  4:30 pm

ii)SILVER:  $26.89//LONDON SPOT  4:30 pm

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

PLATINIUM  $1231.18 UP $21.51

PALLADIUM: 2968.63 UP $12.63  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

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  23/33

EXCHANGE: COMEX
CONTRACT: MAY 2021 COMEX 100 GOLD FUTURES
SETTLEMENT: 1,767.300000000 USD
INTENT DATE: 04/30/2021 DELIVERY DATE: 05/04/2021
FIRM ORG FIRM NAME ISSUED STOPPED
____________________________________________________________________________________________
332 H STANDARD CHARTE 9
435 H SCOTIA CAPITAL 25
657 C MORGAN STANLEY 3
661 C JP MORGAN 23
686 C STONEX FINANCIA 1
737 C ADVANTAGE 4 1
____________________________________________________________________________________________

TOTAL: 33 33
MONTH TO DATE: 725

ISSUED: 0

Goldman Sachs:  stopped: 0

NUMBER OF NOTICES FILED TODAY FOR  MAY. CONTRACT: 33 NOTICE(S) FOR 3300 OZ  (0.1026 tonnes)

TOTAL NUMBER OF NOTICES FILED SO FAR:  725 NOTICES FOR 72,500 OZ  (2.253 tonnes)

SILVER//MAY CONTRACT

785 NOTICE(S) FILED TODAY FOR 3,925,000  OZ/

total number of notices filed so far this month: 5908 for 29,540,000  oz

 

BITCOIN MORNING QUOTE  $58,918   UP 2309 DOLLARS

BITCOIN AFTERNOON QUOTE.:$57,422 UP 813 DOLLARS

 

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GLD AND SLV INVENTORIES:

GLD AND SLV INVENTORIES:

Gold

WITH GOLD UP $23.00 AND NO PHYSICAL TO BE FOUND ANYWHERE:

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

 NO  CHANGE IN GOLD INVENTORY AT 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: 1,017.04 TONNES OF GOLD//

Silver

AND WITH NO SILVER AROUND  TODAY: WITH SILVER  UP 99 CENTS

NO CHANGES IN SILVER INVENTORY AT 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:

567.481  MILLION OZ./SLV

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GLD closing price//NYSE 167.84 UP $2.18 OR  1.32%

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SLV closing price NYSE 24.95 UP $0.94 OR 3.92%

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Let us have a look at the data for today

THE COMEX OI IN SILVER FELL BY A STRONG SIZED 4853 CONTRACTS FROM 166422 DOWN TO 161,569, AND FURTHER FROM THE NEW RECORD OF 244,710, SET FEB 25/2020. THE LOSS IN OI OCCURRED DESPITE OUR SMALL $0.16 LOSS IN SILVER PRICING AT THE COMEX  ON FRIDAY. IT SEEMS THAT THE LOSS IN COMEX OI IS PRIMARILY DUE TO FINAL SPREADER LIQUIDATION  AS WELL AS SOME BANKER AND ALGO  SHORT COVERING !//GOOD REDDIT RAPTOR BUYING//.. COUPLED AGAINST A SMALL EXCHANGE FOR PHYSICAL ISSUANCE. WE ALSO  HAD ZERO LONG LIQUIDATION (AS THE ENTIRE LOSS WAS THE CONCLUSION OF SPREADER LIQUIDATION)

 

WE WERE  NOTIFIED  THAT WE HAD A SMALL  NUMBER OF  COMEX LONGS TRANSFERRING THEIR CONTRACTS TO LONDON THROUGH THE EFP ROUTE: 470,, AS WE HAD THE FOLLOWING ISSUANCE: MAY:  0, JUNE: 0 JULY 470 AND ZERO ALL  OTHER MONTHS  AND THEREFORE TOTAL ISSUANCE 470 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

37.790 MILLION OZ INITIAL STANDING FOR MAY

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 $0.16). OUR OFFICIAL SECTOR/BANKERS WERE  UNSUCCESSFUL IN THEIR ATTEMPT TO FLEECE ANY SILVER LONGS AS  WE HAD A STRONG SIZED LOSS OF 4383 CONTRACTS ON OUR TWO EXCHANGES.  HOWEVER THE LOSS WAS SOLELY WAS   DUE TO i)  FINAL SPREADER LIQUIDATION AS WELL AS ii) 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 37.790 MILLION OZ ON DAY 2, v) STRONG COMEX OI LOSS //.YOU CAN BET THE FARM THAT OUR BANKERS  ARE DESPERATE TO LIQUIDATE THEIR HUGE SHORT POSITIONS IN SILVER..

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