PPI RISES TO RECORD LEVELS FORTELLING A BIG INCREASE IN INFLATION

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    by Harvey Organ, Harvey Organ Blog:

    GOLD PRICE ROSE $1.85/ TO $1828.65//SILVER PRICE FELL 21 CENTS TO $24.25//GOLD STANDING AT THE COMEX FELL BECAUSE OF AN EFP TO LONDON//NEW STANDING 3.2908 TONNES//SILVER OZ STANDING: 4.9 MILLION OZ//COVID COMMENTARIES//VACCINE MANDATE UPDATES AND COMMENTARIES//PPI RISES TO RECORD LEVELS FORTELLING A BIG INCREASE IN INFLATION//MORE INFLATION COMMENTARIES//FARMERS WAIT FOR DEER PARTS WEEKS ON END//TRUCK DRIVERS EXEMPT FROM MANDATES//SWAMP STORIES FOR YOU TONIGHT

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

    GOLD:$1828.65 UP $1,85   The quote is London spot price

    Silver:$24.25 DOWN 21  CENTS  London spot price ( cash market)

    4:30 closing price
    Gold $1832.20
    silver:  24.30
    end
    I am been informed from Andrew Maguire that sovereign Turkey who has never bought silver, bought the last
    bastion of silver from refiners.  They paid triple premium to lay their hands on the silver.  The refiners now state that they are out
    of metal until January.
    TODAY//IMPORTANT

    Comex publishes a list of monthly silver contract ownership deliveries and purchases for the 30 to 40 firms that have brokerage rights with them. It is hard to figure the meaning of monthly changes for the banks like Goldman and JP Morgan, but there are a few non major firms which are historically consistent suppliers of silver. These firms include Macquarie Futures, Scotia Capital, Marex, and Bank of America commercial account. My guess is these firms sold product for refineries or miners. Historically, these 4 firms accounted for about 15 million ounces of monthly supply to Comex. Looking at the Comex data, all 4 of these firms have essentially stopped supplying the Comex with silver for the past 2 to 3 months. https://www.cmegroup.com/delivery_reports/MetalsIssuesA ndStopsYTDReport.pdf

    Bryant

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

    PLATINUM  $1062.45 UP  $3.30

    PALLADIUM: $2025.35 UP $46.60/OZ

     

    END

    Editorial of The New York Sun | February 1, 2021

    end

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    COMEX DETAILS//NOTICES FILED

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

    receiving today 1/1

    EXCHANGE: COMEX
    CONTRACT: NOVEMBER 2021 COMEX 100 GOLD FUTURES
    SETTLEMENT: 1,827.400000000 USD
    INTENT DATE: 11/08/2021 DELIVERY DATE: 11/10/2021
    FIRM ORG FIRM NAME ISSUED STOPPED
    ____________________________________________________________________________________________
    661 C JP MORGAN 1 1
    ____________________________________________________________________________________________
    TOTAL: 1 1
    MONTH TO DATE: 560

    Goldman Sachs stopped: 0

    NUMBER OF NOTICES FILED TODAY FOR  NOV. CONTRACT: 1 NOTICE(S) FOR 100 OZ  (0.00311 tonnes)

     

    TOTAL NUMBER OF NOTICES FILED SO FAR THIS MONTH:  560 FOR 56,000 OZ  (1.7418 TONNES)

     

    SILVER//NOV CONTRACT

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

    total number of notices filed so far this month 958  :  for 4,790,000  oz

    BITCOIN MORNING QUOTE  $65,888  DOLLARS UP 4967 DOLLARS

     

    BITCOIN AFTERNOON QUOTE.:$67,211 DOLLARS   UP 6,290.DOLLARS

     

    xxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxx

    GLD AND SLV INVENTORIES:

    GLD AND SLV INVENTORIES:

    Gold

    WITH GOLD UP $1.85 AND NO PHYSICAL TO BE FOUND ANYWHERE:

    NO CHANGES IN GOLD INVENTORY AT THE GLD:

     

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

     

    GOLD IS “RETURNED” TO THE BANK OF ENGLAND WHEN CALLING IN THEIR LEASES: THE GOLD NEVER LEAVES THE BANK OF ENGLAND IN THE FIRST PLACE. THE BANK IS PROTECTING ITSELF IN CASE OF COMMERCIAL FAILURE

    ALSO INVESTORS SWITCHING TO SPROTT PHYSICAL  (phys) INSTEAD OF THE FRAUDULENT GLD//

    THIS IS A MASSIVE FRAUD!!

    GLD  975.41 TONNES OF GOLD//

    Silver

    AND WITH NO SILVER AROUND  TODAY: WITH SILVER DOWN 21 CENTS

    NO CHANGES  IN SILVER INVENTORY AT THE SLV

     

    INVESTORS ARE SWITCHING SLV TO SPROTT’S PSLV

    WITH REGARD TO SILVER WITHDRAWALS FROM THE SLV:

    THE SILVER WITHRAWALS 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 VAULT. THEY ARE CALLING IN THEIR LEASES FOR FEAR OF SOLVENCY ISSUES.

    INVENTORY RESTS AT:

     

    544.300  MILLION OZ./SLV

    xxxxx

    GLD closing price//NYSE 171.28  UP 0.83 OR 0.49%

    XXXXXXXXXXXXX

    SLV closing price NYSE 22.53 DOWN. 0.12 OR  0.53%

    XXXXXXXXXXXXXXXXXXXXXXXXX

    xxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxx

    Let us have a look at the data for today

    WE  ALSO HAD ii) v)

    SILVER COMEX OI ROSE BY A VERY STRONG 2738 CONTRACTS TO 146,978, AND CLOSER TO THE NEW RECORD OF 244,710, SET FEB 25/2020. WITH OUR STRONG $0.38 GAIN IN SILVER PRICING AT THE COMEX ON FRIDAY, OUR BANKERS WERE UNSUCCESSFUL IN KNOCKING THE PRICE OF SILVER DOWN) (IT ROSE BY $0.38 AND WERE  UNSUCCESSFUL IN KNOCKING OUT ANY SILVER LONGS AS WE HAD A VERY  STRONG SIZED GAIN OF 3830 CONTRACTS ON OUR TWO EXCHANGES,.I) HUGE BANKER SHORT COVERING AS THEY ARE VERY ANXIOUS TO GET OUT OF DODGE!!/WE ALSO HAD  SOME  REDDIT RAPTOR BUYING//.   iii)  A STRONG ISSUANCE OF EXCHANGE FOR PHYSICALS iiii) A  GOOD INITIAL SILVER STANDING FOR COMEX SILVER MEASURING AT 4.34 MILLION OZ FOLLOWING TODAY’S QUEUE JUMP OF 100,000 OZ   /, VERY STRONG SIZED COMEX OI GAIN

    I AM NOW RECORDING THE DIFFERENTIAL IN OI FROM PRELIMINARY TO FINAL:
    T

    HE DIFFERENTIAL FROM PRELIMINARY OI TO FINAL OI SILVER TODAY: CONTRACTS -16

    HISTORICAL ACCUMULATION OF EXCHANGE FOR PHYSICALS

    NOV
    ACCUMULATION FOR EFP’S SILVER/JPMORGAN’S HOUSE OF BRIBES/STARTING FROM FIRST DAY/MONTH OF NOV:
    CONTACTS  for 7 days, total  contracts or …average per day:  843 contracts or 4.216 million oz per day.

    5902590229.51million ozTO GIVE YOU AN IDEA AS TO THE HUGE SUPPLY THIS MONTH IN SILVER: SO FAR THIS MONTH OF

    NOV:  MILLION PAPER OZ HAVE MORPHED OVER TO LONDON

    29.51 

    LAST 6 MONTHS TOTAL EFP CONTRACTS ISSUED  IN MILLIONS OF OZ

    MAY 137.83 MILLION

    JUNE 149.91 MILLION OZ

    JULY 129.445 MILLION OZ

    AUGUST: MILLION OZ

    140.120SEPT. 28.230 MILLION OZ//

    OCT:  94.595 MILLION OZ

    RESULT: , .., .WE HAD A VERY STRONG SIZED INCREASE IN COMEX OI SILVER COMEX CONTRACTS OF 2738  CONTRACTS WITH  OUR 38 CENT GAIN SILVER PRICING AT THE COMEX MONDAYTHE CME NOTIFIED US THAT WE HAD A  STRONG SIZED EFP ISSUANCE OF 1092 CONTRACTS( 0 CONTRACTS ISSUED FOR NOV AND 1092 CONTRACTS ISSUED FOR DECEMBER) WHICH  EXITED OUT OF THE SILVER COMEX  TO LONDON  AS FORWARDS

    THE DOMINANT FEATURE TODAY:/ AS WELL AS TODAY /HUGE BANKER SHORTCOVERING AS THEY GET OUT OF DODGE/SWE HAD A STRONG SIZED GAIN OF 3830 OI CONTRACTS ON THE TWO EXCHANGES/// WE HAVE A GOOD INITIAL SILVER OZ STANDING FOR NOV OF 7.35 MILLION OZ FOLLOWED BY TODAY’S 100,000 OZ QUEUE JUMP.

    WE HAD 36 NOTICES FILED TODAY FOR 180,000 OZ

    GOLD

    IN GOLD, THE COMEX OPEN INTEREST ROSE BY A GIGANTIC SIZED 19,175  CONTRACTS TO 561,324 ,,AND CLOSER TO  OUR NEW RECORD (SET JAN 24/2020) AT 799,541 AND  PREVIOUS TO THAT: (SET JAN 6/2020) AT 797,110. 

    THE DIFFERENTIAL FROM PRELIMINARY OI TO FINAL OI IN GOLD TODAY: -1226  CONTRACTS.

    the differential is now increasing!!

    THE GIGANTIC SIZED INCREASE IN COMEX OI CAME WITH OUR VERY STRONG GAIN IN PRICE OF $11.75//COMEX GOLD TRADING//MONDAY.AS IN SILVER WE MUST HAVE HAD HUGE BANKER/ALGO SHORT COVERING ACCOMPANYING OUR FAIR SIZED EXCHANGE FOR  PHYSICAL ISSUANCE. WE HAD ZERO LONG LIQUIDATION  AS THE TOTAL GAIN ON OUR TWO EXCHANGES TOTALED 21,922 CONTRACTS…..  WE ALSO HAD A GOOD INITIAL STANDING IN GOLD TONNAGE FOR OCT AT 1.444 TONNES, FOLLOWED BY TODAY’S EFP JUMP TO LONDON OF 8,000 OZ//NEW STANDING 105,800 OZ (3.2908 TONNES)

    YET ALL OF..THIS HAPPENED WITH OUR GAIN IN PRICE OF $11.75 WITH RESPECT TO MONDAY’S TRADING

     

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

    WE HAD AN GIGANTIC SIZED GAIN OF 21,922  OI CONTRACTS (68.186 TONNES) ON OUR TWO EXCHANGES

     

    E.F.P. ISSUANCETHE CME RELEASED THE DATA FOR EFP ISSUANCE AND IT TOTALED A FAIR SIZED 2747 CONTRACTS:

    FORDEC 2747  ALL OTHER MONTHS ZERO//TOTAL: 2747 The NEW COMEX OI FOR THE GOLD COMPLEX RESTS AT 561,324. 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.

    IN ESSENCE WE HAVE A POWERFUL  SIZED INCREASE IN TOTAL CONTRACTS ON THE TWO EXCHANGES OF 21,922 CONTRACTS: 19,175 CONTRACTS INCREASED AT THE COMEX AND 2747 EFP OI CONTRACTS WHICH NAVIGATED OVER TO LONDON. THUS  TOTAL OI GAIN ON THE TWO EXCHANGES OF 21,922 CONTRACTS OR 68.186 TONNES.

    CALCULATIONS ON GAIN/LOSS ON OUR TWO EXCHANGES

    WE HAD A FAIR SIZED ISSUANCE IN EXCHANGE FOR PHYSICALS (247) ACCOMPANYING THE GIGANTIC SIZED GAIN IN COMEX OI (19,175 OI): TOTAL GAIN IN THE TWO EXCHANGES: 21,922 CONTRACTS. WE NO DOUBT HAD 1) HUGE BANKER SHORT COVERING ,2.) GOOD INITIAL STANDING AT THE GOLD COMEX FOR NOV. AT 2.395 TONNES FOLLOWED BY TODAY’S EFP JUMP TO LONDON OF 8,000 OZ  3)ZERO LONG LIQUIDATION,4) POWERFUL SIZED COMEX OI GAIN 5). FAIR ISSUANCE OF EXCHANGE FOR PHYSICAL 

    SPREADING OPERATIONS(/NOW SWITCHING TO GOLD)

    FOR NEWCOMERS, HERE ARE THE DETAILS:

    SPREADING LIQUIDATION HAS NOW COMMENCED   AS WE HEAD TOWARDS THE  NEW ACTIVE FRONT MONTH OF NOV.

    WE ARE NOW INTO THE SPREADING OPERATION OF GOLD

    HERE IS A BRIEF SYNOPSIS OF HOW THE CROOKS FLEECE UNSUSPECTING LONGS IN THE SPREADING ENDEAVOUR;

    MODUS OPERANDI OF THE CORRUPT BANKERS AS TO HOW THEY HANDLE THEIR SPREAD OPEN INTERESTS:

     

    HERE IS HOW THE CROOKS USED SPREADING AS WE ARE NOW INTO THE NON ACTIVE DELIVERY MONTH OF OCT HEADING TOWARDS THE  ACTIVE DELIVERY MONTH OF NOV, FOR GOLD:

    YOU WILL ALSO NOTICE THAT THE COMEX OPEN INTEREST  STARTS TO RISE BUT SO IS THE OPEN INTEREST OF SPREADERS. THE OPEN INTEREST IN WILL CONTINUE TO RISE UNTIL ONE WEEK BEFORE FIRST DAY NOTICE OF AN UPCOMING  ACTIVE DELIVERY MONTH (DEC), AND THAT IS WHEN THE CROOKS SELL THEIR SPREAD POSITIONS BUT NOT AT THE SAME TIME OF THE DAY.  THEY WILL USE THE SELL SIDE OF THE EQUATION TO CREATE THE CASCADE (ALONG WITH THEIR COLLUSIVE FRIENDS) AND THEN COVER ON THE BUY SIDE OF THE SPREAD SITUATION AT THE END  OF THE DAY. THEY DO THIS TO AVOID POSITION LIMIT DETECTION. THE LIQUIDATION OF THE SPREADING FORMATION CONTINUES FOR EXACTLY ONE WEEK AND ENDS ON FIRST DAY NOTICE.”

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