by Harvey Organ, Harvey Organ Blog:
OPTIONS EXPIRY BEGINS A LITTLE EARLY: GOLD DOWN $7.75 TO $1921.40//SILVER DOWN 29 CENTS TO $24.82//COMEX GOLD STANDING FOR MARCH: A SMALL INCREASE OF 200 OZ//NEW STANDING 36.249 TONNES//SILVER OZ STAYS PAT AT 52.585 MILLION OZ//RUSSIA VS UKRAINE//DAVID STOCKMAN A MUST READ!!LARRY JOHNSON ALSO A MUST READ!!//EVERGRANDE SECURITY DEPOSITS CONFISCATED BY A BANK//COVID UPDATES/VACCINE MANDATE/VACCINE IMPACT//COVID CASES CLIMB AGAIN IN SHANGHA
TRUTH LIVES on at https://sgtreport.tv/
GOLD; $1921.40 DOWN $7.75
SILVER: $24.82 DOWN $0.29
ACCESS MARKET: GOLD $1921.55
SILVER: $24.78
Bitcoin morning price: $42930 UP 1889
Bitcoin: afternoon price: $42,598 UP 1557
Platinum price: closing DOWN $15.55 to $1026.45
Palladium price; closing DOWN $119.45 at $2447.55
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comex notices/
March: JPMorgan stopped/total issued 10/21
DLV615-T CME CLEARING
BUSINESS DATE: 03/21/2022 DAILY DELIVERY NOTICES RUN DATE: 03/21/2022
PRODUCT GROUP: METALS RUN TIME: 20:25:46
EXCHANGE: COMEX
CONTRACT: MARCH 2022 COMEX 100 GOLD FUTURES
SETTLEMENT: 1,928.600000000 USD
INTENT DATE: 03/21/2022 DELIVERY DATE: 03/23/2022
FIRM ORG FIRM NAME ISSUED STOPPED
363 H WELLS FARGO SEC 2
435 H SCOTIA CAPITAL 3
624 H BOFA SECURITIES 2
661 C JP MORGAN 19 10
709 C BARCLAYS 2
737 C ADVANTAGE 2
905 C ADM 2
TOTAL: 21 21
MONTH TO DATE: 11,510
NUMBER OF NOTICES FILED TODAY FOR Mar. CONTRACT 21 NOTICE(S) FOR 2100 OZ (0.0653 TONNES)
total notices so far: 11,510 contracts for 1,151,000 oz (35.800 tonnes)
SILVER NOTICES:
5 NOTICE(S) FILED TODAY FOR 25,000 OZ/
total number of notices filed so far this month 10,468 : for 52,340,000 oz
END
Russia is a major supplier of silver to London while Mexico supplies the COMEX
With the sanctions, London has no way to obtain silver other than compete with NY.
END
GLD
WITH GOLD DOWN $7.75
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//
A HUGE CHANGE IN GOLD INVENTORY AT THE GLD//A DEPOSIT OF 1.16 TONNES INTO THE GLD//
INVENTORY RESTS AT 1083.60 TONNES
Silver//SLV
WITH NO SILVER AROUND AND SILVER DOWN 29 CENTS
AT THE SLV// NO CHANGES IN SILVER INVENTORY AT THE LV/
INVESTORS ARE SWITCHING SLV TO SPROTT’S PSLV
CLOSING INVENTORY: 550.288 MILLION OZ
Let us have a look at the data for today
SILVER//OUTLINE
SILVER COMEX OI ROSE BY A GOOD SIZED 630 CONTRACTS TO 157,972 AND CLOSER TO THE NEW RECORD OF 244,710, SET FEB 25/2020 AND THE GAIN IN OI WAS ACCOMPLISHED WITH OUR $0.16 GAIN IN SILVER PRICING AT THE COMEX ON MONDAY. OUR BANKERS WERE UNSUCCESSFUL IN KNOCKING THE PRICE OF SILVER DOWN (IT ROSE BY $0.16) AND WERE UNSUCCESSFUL IN KNOCKING OUT ANY SILVER LONGS AS WE HAD A STRONG GAIN OF 1170 CONTRACTS ON OUR TWO EXCHANGES
WE MUST HAVE HAD:
I) HUGE BANKER SHORT COVERING AS THEY ARE VERY ANXIOUS TO GET OUT OF DODGE!!/. II)WE ALSO HAD SOME REDDIT RAPTOR BUYING//. iii) A FAIR ISSUANCE OF EXCHANGE FOR PHYSICALS iiii) A HUGE INITIAL SILVER STANDING FOR COMEX SILVER MEASURING AT 42.860 MILLION OZ FOLLOWED BY TODAY’S QUEUE JUMP OF NIL OZ //NEW STANDING 52.585 MILLION OZ // V) STRONG SIZED COMEX OI GAIN/
I AM NOW RECORDING THE DIFFERENTIAL IN OI FROM PRELIMINARY TO FINAL:
THE DIFFERENTIAL FROM PRELIMINARY OI TO FINAL OI SILVER TODAY: CONTRACTS : -115
HISTORICAL ACCUMULATION OF EXCHANGE FOR PHYSICALS MAR. ACCUMULATION FOR EFP’S SILVER/JPMORGAN’S HOUSE OF BRIBES/STARTING FROM FIRST DAY/MONTH OF MAR:
TOTAL CONTACTS for 16 days, total contracts: : 29,945 contracts or 149.8 million oz OR 9.36 MILLION OZ PER DAY. (1872 CONTRACTS PER DAY)
TOTAL NO OF OZ UNDERGOING EFP TO LONDON 29,945 CONTRACTS X 5,000 PER CONTRACT:
EQUATES TO: 149.8 MILLION OZ
.
LAST 11 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 140.120
SEPT. 28.230 MILLION OZ//
OCT: 94.595 MILLION OZ
NOV: 131.925 MILLION OZ
DEC: 100.615 MILLION OZ
JAN 2022// 90.460 MILLION OZ
FEB 2022: 72.39 MILLION OZ//
MARCH: 149.8 MILLION OZ//THIS IS GOING TO BE A HUGE EFP ISSUANCE MONTH AND MOST LIKELY WILL SET A RECORD FOR ANY MONTH
RESULT: WE HAD A GOOD SIZED INCREASE IN COMEX OI SILVER COMEX CONTRACTS OF 630 WITH OUR $0.16 GAIN IN SILVER PRICING AT THE COMEX// MONDAY THE CME NOTIFIED US THAT WE HAD A FAIR SIZED EFP ISSUANCE OF 425 CONTRACTS( 425 CONTRACTS ISSUED FOR MAR AND 0 CONTRACTS ISSUED FOR ALL OTHER MONTHS) WHICH EXITED OUT OF THE SILVER COMEX TO LONDON AS FORWARDS THE DOMINANT FEATURE TODAY: /HUGE BANKER SHORT COVERING AS THEY GET OUT OF DODGE//// WE HAVE A HUGE INITIAL SILVER OZ STANDING FOR MAR. OF 42.860 MILLION OZ FOLLOWED BY TODAY’S NIL OZ QUEUE JUMP//NEW STANDING 52.585 MILLION OZ// /// .. WE HAD A STRONG SIZED GAIN OF 1055 OI CONTRACTS ON THE TWO EXCHANGES FOR 5.275 MILLION OZ WITH THE SMALL GAIN IN PRICE.
WE HAD 5 NOTICES FILED TODAY FOR 25,000 OZ
THE SILVER COMEX IS NOW BEING ATTACKED FOR METAL BY LONDONERS ET AL.
GOLD//OUTLINE
IN GOLD, THE COMEX OPEN INTEREST ROSE BY A SMALL SIZED 788 CONTRACTS TO 610,889 AND FURTHER CLOSER TO 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: +871 CONTRACTS.
THE BIS HAS ABANDONED THE GOLD COMEX TRADING!!!
.
THE SMALL SIZED INCREASE IN COMEX OI CAME DESPITE OUR TINY GAIN IN PRICE OF $0.25//COMEX GOLD TRADING/MONDAY/.AS IN SILVER WE MUST HAD HUGE BANKER/ALGO SHORT COVERING ACCOMPANYING OUR HUMONGOUS SIZED EXCHANGE FOR PHYSICAL ISSUANCE. WE HAD ZERO LONG LIQUIDATION
WE ALSO HAD A HUGE INITIAL STANDING IN GOLD TONNAGE FOR MARCH AT 14.818 TONNES FOLLOWED BY TODAY’S QUEUE JUMP OF 200 OZ//NEW STANDING 36.249 TONNES
YET ALL OF..THIS HAPPENED WITH OUR GAIN IN PRICE OF $0.25 WITH RESPECT TO FRIDAY’S TRADING
WE HAD AN FAIR SIZED GAIN OF 3638 OI CONTRACTS (11.315 PAPER TONNES) ON OUR TWO EXCHANGES
E.F.P. ISSUANCE
THE CME RELEASED THE DATA FOR EFP ISSUANCE AND IT TOTALED A FAIR SIZED 2850 CONTRACTS:
The NEW COMEX OI FOR THE GOLD COMPLEX RESTS AT 610,018.
IN ESSENCE WE HAVE AN FAIR SIZED INCREASE IN TOTAL CONTRACTS ON THE TWO EXCHANGES OF 2767, WITH 83 CONTRACTS DECREASED AT THE COMEX AND 2850 EFP OI CONTRACTS WHICH NAVIGATED OVER TO LONDON. THUS TOTAL OI GAIN ON THE TWO EXCHANGES OF 2767 CONTRACTS OR 8.606 TONNES.
CALCULATIONS ON GAIN/LOSS ON OUR TWO EXCHANGES
WE HAD A FAIR SIZED ISSUANCE IN EXCHANGE FOR PHYSICALS (2850) ACCOMPANYING THE SMALL SIZED GAIN IN COMEX OI (788,): TOTAL GAIN IN THE TWO EXCHANGES 3638 CONTRACTS. WE NO DOUBT HAD 1) HUGE BANKER SHORT COVERING ,2.) HUGE INITIAL STANDING AT THE GOLD COMEX FOR MARCH. AT 14.818 TONNES FOLLOWED BY TODAY’S QUEUE JUMP OF 200 OZ//NEW STANDING 36.249 TONNES /// 3) ZERO LONG LIQUIDATION ///. ,4) SMALL SIZED COMEX OI GAIN 5) FAIR ISSUANCE OF EXCHANGE FOR PHYSICAL/
HISTORICAL ACCUMULATION OF EXCHANGE FOR PHYSICALS IN 2022 INCLUDING TODAY
MARCH
ACCUMULATION OF EFP’S GOLD AT J.P. MORGAN’S HOUSE OF BRIBES: (EXCHANGE FOR PHYSICAL) FOR THE MONTH OF MAR :
100,771 CONTRACTS OR 10,077,100 OR 313.44 TONNES 16 TRADING DAY(S) AND THUS AVERAGING: 6298 EFP CONTRACTS PER TRADING DAY
TO GIVE YOU AN IDEA AS TO THE SIZE OF THESE EFP TRANSFERS : THIS MONTH IN 16 TRADING DAY(S) IN TONNES: 313.44TONNES
TOTAL ANNUAL GOLD PRODUCTION, 2020, THROUGHOUT THE WORLD EX CHINA EX RUSSIA: 3555 TONNES
THUS EFP TRANSFERS REPRESENTS 313.44/3550 x 100% TONNES 8.82% OF GLOBAL ANNUAL PRODUCTION
ACCUMULATION OF GOLD EFP’S YEAR 2021 TO 2022
JANUARY/2021: 265.26 TONNES (RAPIDLY INCREASING AGAIN)
FEB : 171.24 TONNES ( DEFINITELY SLOWING DOWN AGAIN)..
MARCH:. 276.50 TONNES (STRONG AGAIN/
APRIL: 189..44 TONNES ( DRAMATICALLY SLOWING DOWN AGAIN//GOLD IN BACKWARDATION)
MAY: 250.15 TONNES (NOW DRAMATICALLY INCREASING AGAIN)
JUNE: 247.54 TONNES (FINAL)
JULY: 188.73 TONNES FINAL
AUGUST: 217.89 TONNES FINAL ISSUANCE.
SEPT 142.12 TONNES FINAL ISSUANCE ( LOW ISSUANCE)_
OCT: 141.13 TONNES FINAL ISSUANCE (LOW ISSUANCE)
NOV: 312.46 TONNES FINAL ISSUANCE//NEW RECORD!! (INCREASING DRAMATICALLY)//SIGN OF REAL STRESS//SURPASSING THE MARCH 2021 RECORD OF 276.50 TONNES OF EFP
DEC. 175.62 TONNES//FINAL ISSUANCE//
JAN:2022 247.25 TONNES //FINAL
FEB: 196.04 TONNES//FINAL
MARCH: 313.44 TONNES INITIAL( THIS IS NOW A RECORD EFP ISSUANCE MONTH.
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 APRIL.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 MARCH HEADING TOWARDS THE ACTIVE DELIVERY MONTH OF APRIL, 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 (MAR), 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.”
WHAT IS ALARMING TO ME, ACCORDING TO OUR LONDON EXPERT ANDREW MAGUIRE IS THAT THESE EFP’S ARE BEING TRANSFERRED TO WHAT ARE CALLED SERIAL FORWARD CONTRACT OBLIGATIONS AND THESE CONTRACTS ARE LESS THAN 14 DAYS. ANYTHING GREATER THAN 14 DAYS, THESE MUST BE RECORDED AND SENT TO THE COMPTROLLER, GREAT BRITAIN TO MONITOR RISK TO THE BANKING SYSTEM. IF THIS IS INDEED TRUE, THEN THIS IS A MASSIVE CONSPIRACY TO DEFRAUD AS WE NOW WITNESS A MONSTROUS TOTAL EFP’S ISSUANCE AS IT HEADS INTO THE STRATOSPHERE.
First, here is an outline of what will be discussed tonight:
1.Today, we had the open interest at the comex, in SILVER, ROSE BY A GOOD SIZED 630 CONTRACTS TO 157,972 AND FURTHER FROM OUR COMEX RECORD //244,710(SET FEB 25/2020). THE LAST RECORDS WERE SET IN AUG.2018 AT 244,196 WITH A SILVER PRICE OF $14.78/(AUGUST 22/2018)..THE PREVIOUS RECORD TO THAT WAS SET ON APRIL 9/2018 AT 243,411 OPEN INTEREST CONTRACTS WITH THE SILVER PRICE AT THAT DAY: $16.53). AND PREVIOUS TO THAT, THE RECORD WAS ESTABLISHED AT: 234,787 CONTRACTS, SET ON APRIL 21.2017 OVER 4 1/2 YEARS AGO.
EFP ISSUANCE 425 CONTRACTS
OUR CUSTOMARY MIGRATION OF COMEX LONGS CONTINUE TO MORPH INTO LONDON FORWARDS AS OUR BANKERS USED THEIR EMERGENCY PROCEDURE TO ISSUE:
MAR 425 ALL OTHER MONTHS: ZERO. TOTAL EFP ISSUANCE: 425 CONTRACTS. EFP’S GIVE OUR COMEX LONGS A FIAT BONUS PLUS A DELIVERABLE PRODUCT OVER IN LONDON. IF WE TAKE THE COMEX OI GAIN OF 680 CONTRACTS AND ADD TO THE 425 OI TRANSFERRED TO LONDON THROUGH EFP’S,
WE OBTAIN A STRONG SIZED GAIN OF 1055 OPEN INTEREST CONTRACT FROM OUR TWO EXCHANGES.
THUS IN OUNCES, THE GAIN ON THE TWO EXCHANGES 5.275 MILLION OZ,
OCCURRED WITH OUR SMALLISH $0.16 GAIN IN PRICE.
OUTLINE FOR TODAY’S COMMENTARY
1/COMEX GOLD AND SILVER REPORT
(report Harvey)
2 ) Gold/silver trading overnight Europe,
(Peter Schiff,
3. Egon von Greyerz///Matthew Piepenburg via GoldSwitzerland.com,
4. Chris Powell of GATA provides to us very important physical commentaries
5. Other gold commentaries
6. Commodity commentaries/cryptocurrencies
3. ASIAN AFFAIRS
i)TUESDAY MORNING// MONDAY NIGHT
SHANGHAI CLOSED UP 6.18 PTS OR 0.19% //Hang Sang CLOSED UP 667.94 PTS OR 3.15 % /The Nikkei closed UP 396.88 PTS OR 1.48% //Australia’s all ordinaires CLOSED UP 0.82% /Chinese yuan (ONSHORE) closed DOWN 6.3643 /Oil UP TO 111.61 dollars per barrel for WTI and UP TO 116.06 for Brent. Stocks in Europe OPENED ALL GREEN // ONSHORE YUAN CLOSED DOWN AGAINST THE DOLLAR AT 6.3643. OFFSHORE YUAN CLOSED DOWN ON THE DOLLAR AT 6.3660: /ONSHORE YUAN TRADING ABOVE LEVEL OF OFFSHORE YUAN/ONSHORE YUAN TRADING WEAKER AGAINST US DOLLAR/OFFSHORE WEAKER
A)NORTH KOREA/
b) REPORT ON JAPAN
OUTLINE
3 C CHINA
OUTLINE
4/EUROPEAN AFFAIRS
OUTLINE
5. RUSSIAN AND MIDDLE EASTERN AFFAIRS
OUTLINE
6.Global Issues
OUTLINE
7. OIL ISSUES
OUTLINE
8 EMERGING MARKET ISSUES
COMEX DATA//AMOUNTS STANDING//VOLUME OF TRADING/INVENTORY MOVEMENTS
GOLD
LET US BEGIN:
THE TOTAL COMEX GOLD OPEN INTEREST ROSE BY A SMALL SIZED 788 CONTRACTS TO 610,889 AND CLOSER TO THE RECORD THAT WAS SET IN JANUARY/2020: {799,541 OI(SET JAN 16/2020)} AND PREVIOUS TO THAT: 797,110 (SET JAN 7/2020). AND THIS COMEX DECREASE OCCURRED DESPITE OUR TINY GAIN OF $0.25 IN GOLD PRICING MONDAY’S COMEX TRADING. WE ALSO HAD A SMALL SIZED EFP (1364 CONTRACTS). . THEY WERE PAID HANDSOMELY NOT TO TAKE DELIVERY AT THE COMEX AND SETTLE FOR CASH.
WE NORMALLY HAVE WITNESSED EXCHANGE FOR PHYSICALS ISSUED BEING SMALL AS IT JUST TOO COSTLY FOR THEM TO CONTINUE SERVICING THE COSTS OF SERIAL FORWARDS CIRCULATING IN LONDON. HOWEVER, MUCH TO THE ANNOYANCE OF OUR BANKERS, THE COMEX IS THE SCENE OF AN ASSAULT ON GOLD AS LONDONERS, NOT BEING ABLE TO FIND ANY PHYSICAL ON THAT SIDE OF THE POND, EXERCISE THESE CIRCULATING EXCHANGE FOR PHYSICALS IN LONDON AND FORCING DELIVERY OF REAL METAL OVER HERE AS THE OBLIGATION STILL RESTS WITH NEW YORK BANKERS. IT SEEMS THAT ARE BANKERS FRIENDS ARE EXERCISING EFP’S FROM LONDON AND NOW THEY ARE LOATHE TO ISSUE NEW ONES.
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