by Harvey Organ, Harvey Organ Blog:
GOLD CLOSED DOWN 435 TO $1711.85//SILVER WAS DOWN 14 CENTS TO $18.78//PLATINUM WAS UP $3.75 TO $875.85//PALLADIUM WAS UP 20 CENTS TO $1870.65//TED BUTLER A VERY IMPORTANT READ//COVID UPDATES/VACCINE IMPACT//DR PAUL ALEXANDER//UPDATES RE THE GAZPROM GAS SAGA
TRUTH LIVES on at https://sgtreport.tv/
GOLD; $1711.85 DOWN $.35
SILVER: $18.78 DOWN14 CENTS
ACCESS MARKET:
GOLD $1711.50
SILVER: $18.75
Bitcoin morning price: $22,041 UP 1064
Bitcoin: afternoon price: $23,501. UP 2524
Platinum price: closing UP $3.75 to $875.85
Palladium price; closing UP $00.20 at $1870.45
END
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EXCHANGE: COMEX
DLV615-T CME CLEARING
BUSINESS DATE: 06/16/2022 DAILY DELIVERY NOTICES RUN DATE: 06/16/2022
PRODUCT GROUP: METALS RUN TIME: 20:34:48
EXCHANGE: COMEX
CONTRACT: JUNE 2022 COMEX 100 GOLD FUTURES
SETTLEMENT: 1,845.700000000 USD
INTENT DATE: 06/16/2022 DELIVERY DATE: 06/21/2022
FIRM ORG FIRM NAME ISSUED STOPPED
363 H WELLS FARGO SEC 20
657 C MORGAN STANLEY 3
661 C JP MORGAN 44 26
800 C MAREX SPEC 5
905 C ADM 4
972 C IRONBEAM INC 2
TOTAL: 52 52
MONTH TO DATE: 23,741
no. of contracts issued by JPMorgan: 317/560
_____________________________________________________________________________________
NUMBER OF NOTICES FILED TODAY FOR JULY CONTRACT 560 NOTICE(S) FOR 56,000 Oz//1.7418 TONNES)
total notices so far: 7482 contracts for 748,200 oz (23/272 tonnes)
SILVER NOTICES:
13 NOTICE(S) FILED 65,000 OZ/
total number of notices filed so far this month 3151 : for 15,755,000 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.
GLD
WITH GOLD DOWN $.35
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//
HUGE CHANGES IN GOLD INVENTORY AT THE GLD: A WITHDRAWAL OF 5.22
TONNES FROM THE GLD///
INVENTORY RESTS AT 1009.06 TONNES
Silver//SLV
WITH NO SILVER AROUND AND SILVER DOWN 14 CENTS
AT THE SLV// ://NO CHANGES IN SILVER INVENTORY AT THE SLV//:
INVESTORS ARE SWITCHING SLV TO SPROTT’S PSLV
CLOSING INVENTORY: 515.838 MILLION OZ
Let us have a look at the data for today
SILVER//OUTLINE
SILVER COMEX OI FELL BY A ROSE BY A TINY SIZED 4 CONTRACTS TO 146,713 AND CLOSER TO THE NEW RECORD OF 244,710, SET FEB 25/2020 AND THE TINY GAIN IN OI WAS ACCOMPLISHED DESPITE OUR STRONG $0.25 GAIN IN SILVER PRICING AT THE COMEX ON MONDAY. OUR BANKERS WERE UNSUCCESSFUL IN KNOCKING THE PRICE OF SILVER DOWN (IT ROSE BY $0.25) BUT WERE SUCCESSFUL IN KNOCKING OFF SOME COMMERCIAL SILVER LONGS//BUT MAINLY WE HAD ADDITIONAL SPECULATOR ADDITIONS AS WE HAD A FAIR GAIN OF 301 CONTRACTS ON OUR TWO EXCHANGES.
WE MUST HAVE HAD:
I) HUGE SPECULATOR SHORT ADDITIONS /. II) WE ALSO HAD SOME REDDIT RAPTOR BUYING//. iii) A FAIR ISSUANCE OF EXCHANGE FOR PHYSICALS iiii) A POOR INITIAL SILVER STANDING FOR COMEX SILVER MEASURING AT 15.220 MILLION OZ FOLLOWED BY TODAY’S 40,000 OZ QUEUE JUMP / // V) TINY 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 : -16
HISTORICAL ACCUMULATION OF EXCHANGE FOR PHYSICALS JULY. ACCUMULATION FOR EFP’S SILVER/JPMORGAN’S HOUSE OF BRIBES/STARTING FROM FIRST DAY/MONTH OF JULY:
TOTAL CONTACTS for 12 days, total 11,322 contracts: 56.610 million oz OR 4.717 MILLION OZ PER DAY. (944 CONTRACTS PER DAY)
TOTAL EFP’S FOR THE MONTH SO FAR: 56.610 MILLION OZ
.
LAST 15 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: 114.52 MILLION OZ FINAL//LOW ISSUANCE
MAY: 105.635 MILLION OZ//
JUNE: 94.470 MILLION OZ
JULY : 56.610 MILLION OZ
RESULT: WE HAD A TINY SIZED INCREASE IN COMEX OI SILVER COMEX CONTRACTS OF 4 DESPITE OUR STRONG $0.25 GAIN IN SILVER PRICING AT THE COMEX// MONDAY.,. THE CME NOTIFIED US THAT WE HAD A FAIR SIZED EFP ISSUANCE CONTRACTS: 411 CONTRACTS ISSUED FOR SEPT 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 POOR INITIAL SILVER OZ STANDING FOR JUNE. OF 15.22 MILLION OZ FOLLOWED BY TODAY’S QUEUE JUMP OF 40,000 OZ // .. WE HAD A FAIR SIZED GAIN OF 415 OI CONTRACTS ON THE TWO EXCHANGES FOR 2.075 MILLION OZ DESPITE THE GAIN IN PRICE..
WE HAD 13 NOTICES FILED TODAY FOR 65,000 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 VERY STRONG SIZED 14,329 CONTRACTS TO 532,845 AND FURTHER FROM THE 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: -1090 CONTRACTS.
.
THE STRONG SIZED DECREASE IN COMEX OI CAME WITH OUR FALL IN PRICE OF $7.55//COMEX GOLD TRADING/MONDAY / WE MUST HAVE HAD ADDITIONAL SPECULATOR SHORT ADDITION ACCOMPANYING OUR HUMONGOUS SIZED EXCHANGE FOR PHYSICAL ISSUANCE. WE HAD ZERO LONG LIQUIDATION //AND SOME SPECULATOR SHORT ADDITIONS
WE ALSO HAD A HUGE INITIAL STANDING IN GOLD TONNAGE FOR JULY AT 2.914 TONNES ON FIRST DAY NOTICE FOLLOWED BY TODAY’S QUEUE JUMP OF 25,000 OZ
YET ALL OF..THIS HAPPENED WITH OUR FALL IN PRICE OF $7.55 WITH RESPECT TO THURSDAY’S TRADING
WE HAD A FAIR SIZED GAIN OF 3003 OI CONTRACTS 9.340 PAPER TONNES) ON OUR TWO EXCHANGES..
E.F.P. ISSUANCE
THE CME RELEASED THE DATA FOR EFP ISSUANCE AND IT TOTALED A HUMONGOUS SIZED 17,329 CONTRACTS:
The NEW COMEX OI FOR THE GOLD COMPLEX RESTS AT 531,752
IN ESSENCE WE HAVE A FAIR SIZED INCREASE IN TOTAL CONTRACTS ON THE TWO EXCHANGES OF 3003 CONTRACTS WITH 14,329 CONTRACTS DECREASED AT THE COMEX AND 17,329 EFP OI CONTRACTS WHICH NAVIGATED OVER TO LONDON. THUS TOTAL OI GAIN ON THE TWO EXCHANGES OF 3003 CONTRACTS OR 9.34 TONNES.
CALCULATIONS ON GAIN/LOSS ON OUR TWO EXCHANGES
WE HAD A HUMONGOUS SIZED ISSUANCE IN EXCHANGE FOR PHYSICALS (17,329) ACCOMPANYING THE STRONG SIZED LOSS IN COMEX OI (14,329,): TOTAL GAIN IN THE TWO EXCHANGES 3,003 CONTRACTS. WE NO DOUBT HAD 1) SOME SPECULATOR SHORT ADDITIONS ,2.) STRONG INITIAL STANDING AT THE GOLD COMEX FOR JULY. AT 2.914 TONNES FOLLOWED BY TODAY’S 25000 OZ QUEUE JUMP 3) ZERO LONG LIQUIDATION//CONSIDERABLE SPECULATOR SHORT ADDITIONS/ //.,4) VERY STRONG SIZED COMEX OPEN INTEREST LOSS 5) HUMONGOUS ISSUANCE OF EXCHANGE FOR PHYSICAL/
HISTORICAL ACCUMULATION OF EXCHANGE FOR PHYSICALS IN 2022 INCLUDING TODAY
JULY
ACCUMULATION OF EFP’S GOLD AT J.P. MORGAN’S HOUSE OF BRIBES: (EXCHANGE FOR PHYSICAL) FOR THE MONTH OF JULY :
78,133 CONTRACTS OR 7,813,300 OZ OR 243.02 TONNES 12 TRADING DAY(S) AND THUS AVERAGING: 6511 EFP CONTRACTS PER TRADING DAY
TO GIVE YOU AN IDEA AS TO THE SIZE OF THESE EFP TRANSFERS : THIS MONTH IN 12 TRADING DAY(S) IN TONNES: 243.02 TONNES
TOTAL ANNUAL GOLD PRODUCTION, 2021, THROUGHOUT THE WORLD EX CHINA EX RUSSIA: 3555 TONNES
THUS EFP TRANSFERS REPRESENTS 243.02/3550 x 100% TONNES 6.04% 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: 169.55 TONNES (FINAL VERY LOW ISSUANCE MONTH)
MAY: 247,44 TONNES FINAL//
JUNE: 238.13 TONNES FINAL
JULY: 243.02 TONNES (HUGE INCREASE FROM JUNE//WILL CLOSE IN ON THE RECORD EFP ISSUANCE IN MARCH 22)
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 JUNE. 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 JUNE HEADING TOWARDS THE ACTIVE DELIVERY MONTH OF JULY, 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 (JULY), 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 TINY SIZED 4 CONTRACT OI TO 146,697 AND CLOSER TO 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 411 CONTRACTS
OUR CUSTOMARY MIGRATION OF COMEX LONGS CONTINUE TO MORPH INTO LONDON FORWARDS AS OUR BANKERS USED THEIR EMERGENCY PROCEDURE TO ISSUE:
SEPT 411 ALL OTHER MONTHS: ZERO. TOTAL EFP ISSUANCE:411 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 4 CONTRACTS AND ADD TO THE 411 OI TRANSFERRED TO LONDON THROUGH EFP’S,
WE OBTAIN A FAIR SIZED GAIN OF 415 OPEN INTEREST CONTRACTS FROM OUR TWO EXCHANGES.
THUS IN OUNCES, THE GAIN ON THE TWO EXCHANGES 2.075 MILLION OZ
OCCURRED DESPITE OUR RISE IN PRICE OF $0.25
OUTLINE FOR TODAY’S COMMENTARY
1/COMEX GOLD AND SILVER REPORT
(report Harvey)
2 ) Gold/silver trading overnight Europe,
(Peter Schiff,
end
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
6. Commodity commentaries//
3. ASIAN AFFAIRS
i)TUESDAY MORNING// MONDAY NIGHT
SHANGHAI CLOSED UP 1.33 PTS OR 0.04% //Hang Sang CLOSED DOWN 185.12 OR 0.89% /The Nikkei closed UP 173.21 OR % 0.65. //Australia’s all ordinaires CLOSED DOWN 0.51% /Chinese yuan (ONSHORE) closed UP AT 6.7412 /Oil UP TO 100.26 dollars per barrel for WTI and UP TO 104.61 for Brent. Stocks in Europe OPENED ALL MIXED // ONSHORE YUAN CLOSED UP AGAINST THE DOLLAR AT 6.7412 OFFSHORE YUAN CLOSED UP ON THE DOLLAR AT 6.7422: /ONSHORE YUAN TRADING ABOVE LEVEL OF OFFSHORE YUAN/ONSHORE YUAN TRADING STRONGER AGAINST US DOLLAR/OFFSHORE STRONGER
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