CHINA’S ECONOMY FALTERING RE THE LOCKDOWNS WHICH WILL CREATE MASSIVE FOOD SHORTAGES

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by Harvey Organ, Harvey Organ Blog:

VICIOUS RAID TODAY ON ALL OUR PRECIOUS METALS: GOLD DOWN $36.80 TO $1896.10//SILVER DOWN 69 CENTS TO $23.64//PLATINUM DOWN $12.50 TO $918.65//PALLADIUM DOWN $44.00 TO $21.46//COMEX GOLD DROPS A BIT ON STANDING AS WE HAD ANOTHER EFP TO LONDON//NEW STANDING: 81.987//SILVER STANDING RISES BY ANOTHER QUEUE JUMP TO 6.745 MILLION OZ//YOUR IMPORTANT READING MATERIAL TODAY: EDWARDS (JAPAN SECTION)//COVID UPDATES RE SHANGHAI AND THE GLOBE//VACCINE IMPACT//CHINA’S ECONOMY FALTERING RE THE LOCKDOWNS WHICH WILL CREATE MASSIVE FOOD SHORTAGES//CHINA ALSO HAS A MAJOR WATER PROBLEM//NOW BEGIN HAS MAJOR COVID CASES TO DEAL WITH//RUSSIA VS UKRAINE VS THE WEST UPDATES//GREG HUNTER INTERVIEWS CLIF HIGH: A MUST VIEW/COMEX EXPIRY TOMORROW//LBMA AND OTC EXPIRY FRIDAY/

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

GOLD;  $1896.10 DOWN $36.80

SILVER: $23.64 DOWN $0.69

ACCESS MARKET: GOLD $1898.35

SILVER: $23.62

Bitcoin morning price:  $38713 DOWN 897

Bitcoin: afternoon price: $40,088 UP 398

Platinum price: closing DOWN $12.50 to $918.76

Palladium price; closing DOWN 44.00  at $2146.30

END

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comex notices/

: JPMorgan stopped/total issued   13/37

EXCHANGE: COMEX

CONTRACT: APRIL 2022 COMEX 100 GOLD FUTURES
SETTLEMENT: 1,931.000000000 USD
INTENT DATE: 04/22/2022 DELIVERY DATE: 04/26/2022
FIRM ORG FIRM NAME ISSUED STOPPED


072 C GOLDMAN 1
132 C SG AMERICAS 8
435 H SCOTIA CAPITAL 1
624 H BOFA SECURITIES 2
657 C MORGAN STANLEY 3
661 C JP MORGAN 34 13
709 C BARCLAYS 5
737 C ADVANTAGE 3
880 H CITIGROUP 4


TOTAL: 37 37
MONTH TO DATE: 25,768



NUMBER OF NOTICES FILED TODAY FOR  APRIL. CONTRACT 13  NOTICE(S) FOR 1300 OZ  (0.1150  TONNES)

total notices so far:  25,768 contracts for 2,576,800 oz (80.149 tonnes)

SILVER NOTICES:

21 NOTICE(S) FILED 105,000   OZ/

total number of notices filed so far this month  1343  :  for 6,715,000  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 $36.80

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//

NO CHANGES IN GOLD INVENTORY AT THE GLD

INVENTORY RESTS AT 1104.13 TONNES

Silver//SLV

WITH NO SILVER AROUND AND SILVER DOWN 69 CENTS

AT THE SLV// A HUGE CHANGE IN SILVER INVENTORY AT THE SLV: A HUGE WITHDRAWAL OF 2.031 MILLION OZ FROM THE SLV//

INVESTORS ARE SWITCHING SLV TO SPROTT’S PSLV

CLOSING INVENTORY: 579.418 MILLION OZ

Let us have a look at the data for today

SILVER//OUTLINE

SILVER COMEX OI FELL BY A GIGANTIC SIZED  8245 CONTRACTS TO 155,474   AND FURTHER FROM  THE NEW RECORD OF 244,710, SET FEB 25/2020 AND THE STRONG LOSS IN OI WAS ACCOMPLISHED WITH OUR STRONG   $0.57 LOSS  IN SILVER PRICING AT THE COMEX ON FRIDAY.  OUR BANKERS WERE  SUCCESSFUL IN KNOCKING THE PRICE OF SILVER DOWN (IT FELL BY $0.57) AND WERE   UNSUCCESSFUL IN KNOCKING OUT ANY SILVER LONGS  AS EVEN THOUGH WE HAD A STRONG LOSS OF 5590 CONTRACTS ON OUR TWO EXCHANGES. ALL OF THE LOSS WAS DUE TO CONTINUAL  SPREADER LIQUIDATION//TAS IN SILVER TODAY.

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 HUGE ISSUANCE OF EXCHANGE FOR PHYSICALS iiii) A STRONG INITIAL SILVER STANDING FOR COMEX SILVER MEASURING AT 4.305 MILLION OZ FOLLOWED BY TODAY’S QUEUE. JUMP  OF 65,000  OZ//NEW STANDING: 6.745,000 MILLION OZ//  V)    STRONG SIZED COMEX OI LOSS/(ALL THE LOSS DUE TO SPREADERS)

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

THE DIFFERENTIAL FROM PRELIMINARY OI TO FINAL OI SILVER TODAY: CONTRACTS  : —-4109

HISTORICAL ACCUMULATION OF EXCHANGE FOR PHYSICALS  APRIL. ACCUMULATION FOR EFP’S SILVER/JPMORGAN’S HOUSE OF BRIBES/STARTING FROM FIRST DAY/MONTH OF APRIL:

TOTAL CONTACTS for 16 days, total 16,931  contracts:  84.655 million oz  OR 5.28 MILLION OZ PER DAY. (1058 CONTRACTS PER DAY)

TOTAL NO OF OZ UNDERGOING EFP TO LONDON 16,931 CONTRACTS X 5,000 PER CONTRACT:

EQUATES TO: 84.655 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: 207.430  MILLION OZ//A NEW RECORD FOR EFP ISSUANCE AND WE ARE STILL GOING STRONG THIS MONTH.

APRIL: 84.655 MILLION OZ (LOOKS LIKE OUR BANKERS ARE NOW LOATHE TO ISSUE EFP’S)

RESULT: WE HAD A GIGANTIC  SIZED DECREASE IN COMEX OI SILVER COMEX CONTRACTS OF 8245 WITH OUR STRONG  $0.57 LOSS IN SILVER PRICING AT THE COMEX// FRIDAY.  WITH ALL OF THE LOSS DUE TO   SILVER SPREADER LIQUIDATION TODAY.  THE CME NOTIFIED US THAT WE HAD A STRONG  SIZED EFP ISSUANCE  CONTRACTS: 2655 CONTRACTS ISSUED FOR MAY 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 4.305 MILLION  OZ  FOLLOWED BY TODAY’S 65,000 OZ QUEUE JUMP//NEW STANDING: 6.745MILLION OZ///  .. WE HAD A STRONG SIZED LOSS OF 5590 OI CONTRACTS ON THE TWO EXCHANGES FOR 27.950 MILLION  OZ WITHTHE  STRONG LOSS IN PRICE.

 WE HAD 21  NOTICES FILED TODAY FOR 105,000 OZ

THE SILVER COMEX IS NOW BEING ATTACKED FOR METAL BY LONDONERS ET AL.

GOLD//OUTLINE

IN GOLD, THE COMEX OPEN INTEREST FELL BY A SMALL SIZED 1791 CONTRACTS  TO 568,150 AND  FURTHER FROM 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:  -3134 CONTRACTS.

THE BIS HAS ABANDONED THE GOLD COMEX TRADING!!!

.

THE  SMALL SIZED DECREASE IN COMEX OI CAME WITH OUR  LOSS IN PRICE OF $13.40//COMEX GOLD TRADING/FRIDAY /.AS IN SILVER WE MUST  HAD  HUGE BANKER/ALGO SHORT COVERING ACCOMPANYING OUR FAIR SIZED EXCHANGE FOR PHYSICAL ISSUANCE. WE HAD ZERO LONG LIQUIDATION

WE ALSO HAD A HUGE INITIAL STANDING IN GOLD TONNAGE FOR APRIL AT 78.33 TONNES ON FIRST DAY NOTICE //FOLLOWED BY TODAY’S EFP JUMP TO LONDON OF 1600 OZ//NEW STANDING 81.989 TONNES

YET ALL OF..THIS HAPPENED WITH OUR  LOSS IN PRICE OF   $13.40 WITH RESPECT TO FRIDAY’S TRADING

WE HAD A SMALL SIZED GAIN OF 1053  OI CONTRACTS (3.275 PAPER TONNES) ON OUR TWO EXCHANGES..

E.F.P. ISSUANCE

THE CME RELEASED THE DATA FOR EFP ISSUANCE AND IT TOTALED A FAIR SIZED  2844 CONTRACTS:

The NEW COMEX OI FOR THE GOLD COMPLEX RESTS AT 568,150.

IN ESSENCE WE HAVE A SMALL SIZED INCREASE IN TOTAL CONTRACTS ON THE TWO EXCHANGES OF 1053, WITH 1343 CONTRACTS INCREASED AT THE COMEX AND 2844 EFP OI CONTRACTS WHICH NAVIGATED OVER TO LONDON. THUS  TOTAL OI GAIN ON THE TWO EXCHANGES OF 1053 CONTRACTS OR 3.275 TONNES.

CALCULATIONS ON GAIN/LOSS ON OUR TWO EXCHANGES

WE HAD A FAIR SIZED ISSUANCE IN EXCHANGE FOR PHYSICALS (2844) ACCOMPANYING THE SMALL SIZED LOSS IN COMEX OI (1771,): TOTAL GAIN IN THE TWO EXCHANGES  1053 CONTRACTS. WE NO DOUBT HAD 1) HUGE BANKER SHORT COVERING ,2.) HUGE INITIAL STANDING AT THE GOLD COMEX FOR APRIL. AT 78.33 TONNES FOLLOWED BY TODAY’S 1,600 OZ EFP JUMP TO LONDON //NEW STANDING 81.987 TONNES///  3) ZERO LONG LIQUIDATION //.,4) SMALL SIZED COMEX  OI. LOSS 5) FAIR ISSUANCE OF EXCHANGE FOR PHYSICAL/

HISTORICAL ACCUMULATION OF EXCHANGE FOR PHYSICALS IN 2022 INCLUDING TODAY

APRIL

ACCUMULATION OF EFP’S GOLD AT J.P. MORGAN’S HOUSE OF BRIBES: (EXCHANGE FOR PHYSICAL) FOR THE MONTH OF APRIL :

36,548 CONTRACTS OR 3,654,800 OR 113.67  TONNES 16 TRADING DAY(S) AND THUS AVERAGING: 2284 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: 113.67 TONNES

TOTAL ANNUAL GOLD PRODUCTION, 2020, THROUGHOUT THE WORLD EX CHINA EX RUSSIA: 3555 TONNES

THUS EFP TRANSFERS REPRESENTS  113.67/3550 x 100% TONNES  3.21% 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:  409.30 TONNES INITIAL( THIS IS NOW A RECORD EFP ISSUANCE FOR MARCH AND FOR ANY MONTH.

APRIL:  113.67 TONNES (THIS IS GOING TO BE A LOW 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 MAY.WE ARE NOW INTO THE SPREADING OPERATION OF SILVER

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 APRIL HEADING TOWARDS THE  ACTIVE DELIVERY MONTH OF MAY, FOR SILVER:

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, FELL BY A GIGANTIC SIZED 8245 CONTRACT OI  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  5 YEARS AGO.

EFP ISSUANCE 2655 CONTRACTS

OUR CUSTOMARY MIGRATION OF COMEX LONGS CONTINUE TO MORPH INTO LONDON FORWARDS  AS OUR BANKERS USED THEIR EMERGENCY PROCEDURE TO ISSUE:

MAY 2655  ALL OTHER MONTHS: ZERO. TOTAL EFP ISSUANCE: 0 CONTRACTS. EFP’S GIVE OUR COMEX LONGS A FIAT BONUS PLUS A DELIVERABLE PRODUCT OVER IN LONDON.  IF WE TAKE THE  COMEX OI LOSS OF 4136 CONTRACTS AND ADD TO THE 2655 OI TRANSFERRED TO LONDON THROUGH EFP’S,

WE OBTAIN A HUMONGOUS SIZED LOSS OF 5590 OPEN INTEREST CONTRACTS FROM OUR TWO EXCHANGES. 

THUS IN OUNCES, THE LOSS  ON THE TWO EXCHANGES 27.955 MILLION OZ

OCCURRED WITH OUR  LOSS IN PRICE OF  $0.57 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

end

5. Other gold commentaries

.

end

6. Commodity commentaries/cryptocurrencies

3. ASIAN AFFAIRS

i)MONDAY MORNING// SUNDAY  NIGHT

SHANGHAI CLOSED DOWN 158.41 PTS OR 5.13% //Hang Sang CLOSED DOWN 769.18 OR  3.73%   /The Nikkei closed DOWN 514.48 PTS OR 1.90%        //Australia’s all ordinaires CLOSED DOWN 1.51%   /Chinese yuan (ONSHORE) closed DOWN 6.5740    /Oil DOWN TO 97.18 dollars per barrel for WTI andDOWN TO 101.23 for Brent. Stocks in Europe OPENED  ALL RED       //  ONSHORE YUAN CLOSED DOWN AGAINST THE DOLLAR AT 6.5510 OFFSHORE YUAN CLOSED DOWN ON THE DOLLAR AT 6.5320: /ONSHORE YUAN TRADING BELOW LEVEL OF OFFSHORE YUAN/ONSHORE YUAN  TRADING WEAKER AGAINST US DOLLAR/OFFSHORE WEAKER//

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