by Harvey Organ, Harvey Organ Blog:
GOLD CLOSED UP $29.00 TO $1789.75//SILVER IS UP 21 CENTS TO $20.16//PLATINUM IS UP $20.00TO $931.30//PALLADIUM IS UP $3.75 TO $2674 //COVID UPDATES: CHINA CLOSES DOWN WUHAN AGAIN: THIS IS DESTROYING THEIR ECONOMY//COVID AND VACCINE: A STUDY URUGUAY, A MUST READ//DR PAUL ALEXANDER/VACCINE INJURY/VACCINE IMPACT//UK RAISES RATES AND THE POUND PLUMMETS//GERMANY: RHINE RIVER AT EXTREMELY LOW LEVELS CAUSING MAJOR PROBLEMS FOR GERMANY//GERMAN’S UNIPER WORRIED THAT THEY WILL HAVE TO LIMIT SUPPLIES OF GAS//FRANCE CUTS NUCLEAR POWER GENERATION DUE TO EXTREME HEAT WAVE//PANAMA FIXES PRICES AS CITIZENS REVOLT//USA JOBLESS CLAIMS RISES AGAIN//USA MISERY INDEX AT RECORD LEVELS
TRUTH LIVES on at https://sgtreport.tv/
GOLD; $1789.75 UP $29.00
SILVER: $20.16 UP 21 CENTS
ACCESS MARKET:
GOLD $1791.20
SILVER: $20.18
Bitcoin morning price: $22,883 DOWN 157 (FROM TUESDAY)
Bitcoin: afternoon price: $22,466. DOWN 574 (FROM TUESDAY
Platinum price: closing UP $20.00 to $931.30 (UP FROM TUESDAY)
Palladium price; closing UP $3.75 at $2078.45
END
I am going to take a one day break. So I will not be doing a commentary tomorrow Wednesday, August 3
I will resume on Thursday. However I will record all comex data and this will be up to date by Thursday.
Harvey
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EXCHANGE: COMEX
EXCHANGE: COMEX
CONTRACT: AUGUST 2022 COMEX 100 GOLD FUTURES
SETTLEMENT: 1,758.000000000 USD
INTENT DATE: 08/03/2022 DELIVERY DATE: 08/05/2022
FIRM ORG FIRM NAME ISSUED STOPPED
072 C GOLDMAN 26
072 H GOLDMAN 68
104 C MIZUHO 21
118 C MACQUARIE FUT 8
132 C SG AMERICAS 32
167 C MAREX 17
190 H BMO CAPITAL 17
555 H BNP PARIBAS SEC 367
624 H BOFA SECURITIES 48
661 C JP MORGAN 65 182
661 H JP MORGAN 3
686 C STONEX FINANCIA 12 1
686 H STONEX FINANCIA 57
690 C ABN AMRO 2
800 C MAREX SPEC 2 6
880 C CITIGROUP 8
880 H CITIGROUP 61
905 C ADM 3
TOTAL: 503 503
MONTH TO DATE: 26,006
JPMorgan stopped 182/503
_____________________________________________________________________________________
GOLD: NUMBER OF NOTICES FILED FOR AUGUST CONTRACT:
503 NOTICES FOR 50,300 OZ //1.5695 TONNES
total notices so far: 26,006 contracts for 2,600600 oz (80.889 tonnes)
SILVER NOTICES:
54 NOTICES FILED FOR 270,000 OZ/
total number of notices filed so far this month 782 : for 3,910,000 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 UP $29.00
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 WITHDRAWAL OF 2.32 TONNES OF GOLD FROM THE GLD
INVENTORY RESTS AT 1000.65 TONNES
Silver//SLV
WITH NO SILVER AROUND AND SILVER UP 21 CENTS
AT THE SLV// ://HUGE CHANGES IN SILVER INVENTORY AT THE SLV//:A WITHDRAWAL OF 0.527 MILLION OZ FROM THE SLV
INVESTORS ARE SWITCHING SLV TO SPROTT’S PSLV
CLOSING INVENTORY: 486.634 MILLION OZ
Let us have a look at the data for today
SILVER//OUTLINE
SILVER COMEX OI FELL BY A STRONG SIZED 804 CONTRACTS TO 135,463 AND FURTHER FROM THE NEW RECORD OF 244,710, SET FEB 25/2020 AND THE STRONG LOSS IN OI WAS ACCOMPLISHED WITH OUR $0.22 LOSS IN SILVER PRICING AT THE COMEX ON WEDNESDAY. OUR BANKERS WERE UNSUCCESSFUL IN KNOCKING THE PRICE OF SILVER DOWN (IT FELL BY $0.22) BUT WERE SOMEWHAT SUCCESSFUL IN KNOCKING OFF SOME COMMERCIAL SILVER LONGS//. HOWEVER WE HAD SOME SPECULATOR LIQUIDATIONS AS WE HAD A STRONG LOSS OF 428 CONTRACTS ON OUR TWO EXCHANGES.
WE MUST HAVE HAD:
I) HUGE SPECULATOR SHORT LIQUIDATIONS//HUGE BANKER OI COMEX ADDITIONS /. II) WE ALSO HAD SOME REDDIT RAPTOR BUYING//. iii) A SMALL ISSUANCE OF EXCHANGE FOR PHYSICALS iiii) A FAIR INITIAL SILVER STANDING FOR COMEX SILVER MEASURING AT 3.855 MILLION OZ FOLLOWED BY TODAY’S 280,000 OZ QUEUE JUMP / // V) STRONG SIZED COMEX OI LOSS/(SPEC LIQUIDATION)
I AM NOW RECORDING THE DIFFERENTIAL IN OI FROM PRELIMINARY TO FINAL: -31
HISTORICAL ACCUMULATION OF EXCHANGE FOR PHYSICALS AUGUST. ACCUMULATION FOR EFP’S SILVER/JPMORGAN’S HOUSE OF BRIBES/STARTING FROM FIRST DAY/MONTH OF AUGUST:
TOTAL CONTACTS for 4 days, total 2506 contracts: 12.530 million oz OR 3.13 MILLION OZ PER DAY. (626 CONTRACTS PER DAY)
TOTAL EFP’S FOR THE MONTH SO FAR: 13.530 MILLION OZ
.
LAST 16 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 : 87.110 MILLION OZ
AUGUST: 12.530 MILLION OZ
RESULT: WE HAD A STRONG SIZED DECREASE IN COMEX OI SILVER COMEX CONTRACTS OF 804 WITH OUR $0.22 LOSS IN SILVER PRICING AT THE COMEX// WEDNESDAY.,. THE CME NOTIFIED US THAT WE HAD A SMALL SIZED EFP ISSUANCE CONTRACTS: 345 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 ADDITIONS ////// HUGE SPECULATOR SHORT LIQUIDATION// WE HAVE A GOOD INITIAL SILVER OZ STANDING FOR AUGUST. OF 3.855 MILLION OZ FOLLOWED BY TODAY’S 280,000 OZ QUEUE JUMP // .. WE HAD A STRONG SIZED LOSS OF 459 OI CONTRACTS ON THE TWO EXCHANGES FOR 2.295 MILLION OZ AS..THE SPECS STILL BEING SENT TO THE SLAUGHTER HOUSE.
WE HAD 54 NOTICES FILED TODAY FOR 270,000 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 489 CONTRACTS TO 459,160 AND FURTHER FROM THE RECORD (SET JAN 24/2020) AT 799,541 AND PREVIOUS TO THAT: (SET JAN 6/2020) AT 797,110. WE WILL PROBABLY SEE THE COMEX OI FALL TO AROUND 380,000 AS OUR SPECS GET ANNIHILATED.
THE DIFFERENTIAL FROM PRELIMINARY OI TO FINAL OI IN GOLD TODAY: -398 CONTRACTS.
.
THE SMALL SIZED DECREASE IN COMEX OI CAME WITH OUR FALL IN PRICE OF $12.95//COMEX GOLD TRADING/WEDNESDAY / WE MUST HAVE HAD ADDITIONAL SPECULATOR SHORT SHORT COVERINGS ACCOMPANYING OUR SMALL SIZED EXCHANGE FOR PHYSICAL ISSUANCE./. WE HAD ZERO LONG LIQUIDATION //AND HUGE SPECULATOR SHORT COVERINGS//HUGE ADDITIONS TO OUR BANKER LONGS!! THE COMEX WILL BLOW UP AS THE SPECS CANNOT DELIVER GOLD TO OUR BANKER LONGS.
WE ALSO HAD A HUGE INITIAL STANDING IN GOLD TONNAGE FOR AUGUST AT 96.882 TONNES ON FIRST DAY NOTICE
YET ALL OF..THIS HAPPENED WITH OUR FALL IN PRICE OF $12.95 WITH RESPECT TO WEDNESDAY’S TRADING
WE HAD A FAIR SIZED LOSS OF 1331 OI CONTRACTS 4.139 PAPER TONNES) ON OUR TWO EXCHANGES..
E.F.P. ISSUANCE
THE CME RELEASED THE DATA FOR EFP ISSUANCE AND IT TOTALED A FAIR SIZED 1814 CONTRACTS:
The NEW COMEX OI FOR THE GOLD COMPLEX RESTS AT 459,160
IN ESSENCE WE HAVE A FAIR SIZED INCREASE IN TOTAL CONTRACTS ON THE TWO EXCHANGES OF 1331 CONTRACTS WITH4891 CONTRACTS DECREASED AT THE COMEX AND 1814 EFP OI CONTRACTS WHICH NAVIGATED OVER TO LONDON. THUS TOTAL OI GAIN ON THE TWO EXCHANGES OF 131 CONTRACTS OR 4.139 TONNES.
CALCULATIONS ON GAIN/LOSS ON OUR TWO EXCHANGES
WE HAD A FAIR SIZED ISSUANCE IN EXCHANGE FOR PHYSICALS (1814) ACCOMPANYING THE SMALL SIZED LOSS IN COMEX OI (489): TOTAL GAIN IN THE TWO EXCHANGES 1331 CONTRACTS. WE NO DOUBT HAD 1) HUGE SPECULATOR SHORT COVERINGS//STRONG BANKER ADDITIONS// ,2.) STRONG INITIAL STANDING AT THE GOLD COMEX FOR AUGUST. AT 99.272 TONNES FOLLOWED BY TODAY’S QUEUE JUMP OF 5700 oz. 3) ZERO LONG LIQUIDATION//// //.,4) SMALL SIZED COMEX OPEN INTEREST LOSS 5) FAIR ISSUANCE OF EXCHANGE FOR PHYSICAL/
HISTORICAL ACCUMULATION OF EXCHANGE FOR PHYSICALS IN 2022 INCLUDING TODAY
AUGUST
ACCUMULATION OF EFP’S GOLD AT J.P. MORGAN’S HOUSE OF BRIBES: (EXCHANGE FOR PHYSICAL) FOR THE MONTH OF AUGUST :
6886 CONTRACTS OR 688,600 OZ OR 21.41 TONNES 4 TRADING DAY(S) AND THUS AVERAGING: 1721 EFP CONTRACTS PER TRADING DAY
TO GIVE YOU AN IDEA AS TO THE SIZE OF THESE EFP TRANSFERS : THIS MONTH IN 3 TRADING DAY(S) IN TONNES: 21.41 TONNES
TOTAL ANNUAL GOLD PRODUCTION, 2021, THROUGHOUT THE WORLD EX CHINA EX RUSSIA: 3555 TONNES
THUS EFP TRANSFERS REPRESENTS 21.41/3550 x 100% TONNES 0.603% 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: 378.43 TONNES FINAL
AUGUST: 21.41 TONNES
SPREADING OPERATIONS
(/NOW SWITCHING TO GOLD) FOR NEWCOMERS, HERE ARE THE DETAILS
SPREADING LIQUIDATION HAS NOW COMMENCED AS WE HEAD TOWARDS THE NEW NON ACTIVE FRONT MONTH OF SEPT. 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 ACTIVE DELIVERY MONTH OF AUGUST HEADING TOWARDS THE ACTIVE DELIVERY MONTH OF SEPT., 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, FELL BY A STRONG SIZED 804 CONTRACT OI TO 135,463 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.
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