CALIFORNIA’S TAX REVENUES DROPS A HUGE 11% AS CITIZENS MOVE OUT

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    by Harvey Organ, Harvey Organ Blog:

    GOLD CLOSED DOWN $4.80 TO $1674.50//SILVER CLOSED DOWN 2 CENTS TO $1669.70//PLATINUM CLOSED UP $12.25 TO $918.75//PALLADIUM CLOSED UP $93.30 TO $2216.40//IMPORTANT GOLD COMMENTARY TONIGHT FROM MATHEW PIEPENBERG//EUROPE’S ENERGY CRISIS CONTINUES WITH A GAS LEAK AT A REACTOR//COVID UPDATES//DR PAUL ALEXANDER//VACCINE IMPACT//VACCINE INJURY//RUSSIA VS UKRAINE UPDATES//PUERTO RICO HIT WITH A STRONG HURRICANE//CALIFORNIA’S TAX REVENUES DROPS A HUGE 11% AS CITIZENS MOVE OUT//ECONOMY WEAKENS

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

    GOLD;  $1669.70 DOWN $4.80

    SILVER: $19.35 DOWN $0.02

    ACCESS MARKET:

    GOLD $1675.60

    SILVER: $19.54

    Bitcoin morning price:  $18682 DOWN 913

    Bitcoin: afternoon price: $19,479 DOWN 116

    Platinum price closing UP $12.25 AT  $918.70

    Palladium price; closing UP $93.40  at $2216.40

    END

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    EXCHANGE: COMEX

    EXCHANGE: COMEX
    CONTRACT: SEPTEMBER 2022 COMEX 100 GOLD FUTURES
    SETTLEMENT: 1,671.700000000 USD
    INTENT DATE: 09/16/2022 DELIVERY DATE: 09/20/2022
    FIRM ORG FIRM NAME ISSUED STOPPED


    323 C HSBC 231
    435 H SCOTIA CAPITAL 19
    624 H BOFA SECURITIES 4
    657 C MORGAN STANLEY 1
    661 C JP MORGAN 409 162
    737 C ADVANTAGE 1 3
    800 C MAREX SPEC 4 8
    905 C ADM 12


    TOTAL: 427 427
    MONTH TO DATE: 5,760

    ________________________________________________________________

    GOLD: NUMBER OF NOTICES FILED FOR SEPT CONTRACT:

    427 NOTICES FOR 42,700 OZ //1.328 TONNES

    total notices so far: 5760 contracts for 576,000 oz (17.916 tonnes)

    SILVER NOTICES: 31 NOTICES FILED FOR 155,000 OZ/

    total number of notices filed so far this month  6459 :  for 32,295,000  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 $4.80

    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//

    BIG CHANGES IN GOLD INVENTORY AT THE GLD: //// A WITHDRAWAL OF 1.16 TONNES FROM THE GLD/

    INVENTORY RESTS AT 960.85 TONNES

    Silver//SLV

    WITH NO SILVER AROUND AND SILVER DOWN $.02

    AT THE SLV// ://GIGANTIC CHANGES IN SILVER INVENTORY AT THE SLV//: A DEPOSIT OF 8.108 MILION OZ INTO THE SLV//

    INVESTORS ARE SWITCHING SLV TO SPROTT’S PSLV

    CLOSING INVENTORY: 477.738 MILLION OZ

    Let us have a look at the data for today

    SILVER//OUTLINE

    SILVER COMEX OI FELL BY  A SMALL SIZED 293  CONTRACTS TO 134,211.   AND FURTHER FROM  THE NEW RECORD OF 244,710, SET FEB 25/2020 AND THE LOSS IN COMEX OI WAS ACCOMPLISHED DESPITE OUR  $0.08 GAIN  IN SILVER PRICING AT THE COMEX ON FRIDAY.  OUR BANKERS WERE UNSUCCESSFUL IN KNOCKING THE PRICE OF SILVER DOWN (IT ROSE BY $0.08)  BUT WERE  UNSUCCESSFUL IN KNOCKING OFF ANY SPEC SILVER LONGS AS WE HAD A HUGE OF 1025 CONTRACTS ON OUR TWO EXCHANGES DUE TO A GIGANTIC ISSUANCE OF 1220 EFP CONTRACTS,; WE DID HOWEVER HAVE  STRONG  SPECULATOR SHORT LIQUIDATIONS

    WE  MUST HAVE HAD:
    I) STRONG SPECULATOR SHORT LIQUIDATIONS ////CONTINUED BANKER OI COMEX ADDITIONS /. II)  WE ALSO HAD  SOME  REDDIT RAPTOR BUYING//.   iii)  A POWERFUL ISSUANCE OF EXCHANGE FOR PHYSICALS iiii) AN  INITIAL SILVER STANDING FOR COMEX SILVER MEASURING AT 3.855 MILLION OZ FOLLOWED BY TODAY’S 200,000 OZ QUEUE JUMP   / //  V)   SMALL SIZED COMEX OI LOSS/(//CONSIDERABLE SPEC LIQUIDATION/)

     I AM NOW RECORDING THE DIFFERENTIAL IN OI FROM PRELIMINARY TO FINAL: -118

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

    TOTAL CONTACTS for 12 days, total 11,582  contracts:  57.910 million oz  OR 4.825 MILLION OZ PER DAY. (965 CONTRACTS PER DAY)

    TOTAL EFP’S FOR THE MONTH SO FAR: 57.910  MILLION OZ

    .

    LAST 17 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

    APRIL: 114.52 MILLION OZ FINAL//LOW ISSUANCE

    MAY: 105.635 MILLION OZ//

    JUNE: 94.470 MILLION OZ

    JULY : 87.110 MILLION OZ

    AUGUST: 65.025 MILLION OZ

    SEPT. 57.910 MILLION OZ///

    RESULT: WE HAD A VERY SMALL SIZED DECREASE IN COMEX OI SILVER COMEX CONTRACTS OF 293 DESPITE OUR  $0.08 GAIN IN SILVER PRICING AT THE COMEX// FRIDAY.,.  THE CME NOTIFIED US THAT WE HAD A GIGANTIC SIZED EFP ISSUANCE  CONTRACTS: 1200 CONTRACTS ISSUED FOR DEC AND 0 CONTRACTS ISSUED FOR ALL OTHER MONTHS) WHICH  EXITED OUT OF THE SILVER COMEX  TO LONDON  AS FORWARDS    THE DOMINANT FEATURE TODAY: /GOOD BANKER ADDITIONS A//  CONSIDERABLE NET SPEC SHORT ADDITIONS  /// WE HAVE A GOOD INITIAL SILVER OZ STANDING FOR AUGUST. OF 3.855 MILLION  OZ FOLLOWED BY TODAY’S 200,000 OZ QUEUE JUMP  //  .. WE HAD A VERY STRONG SIZED GAIN OF 1025 OI CONTRACTS ON THE TWO EXCHANGES FOR 5.125MILLION  OZ AS..THE SPECS STILL BEING SENT TO THE SLAUGHTER HOUSE.

     WE HAD 31  NOTICE(S) FILED TODAY FOR  155,000 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 STRONG SIZED 5809 CONTRACTS  TO 465,469 AND CLOSER TO 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:—714  CONTRACTS.

    .

    THE STRONG SIZED  DECREASE  IN COMEX OI CAME DESPITE OUR RISE IN PRICE OF $5.70//COMEX GOLD TRADING/FRIDAY / WE MUST HAVE  HAD  MAJOR SPECULATOR SHORT  COVERINGS ACCOMPANYING OUR STRONG SIZED EXCHANGE FOR PHYSICAL ISSUANCE./. WE HAD MINOR LONG LIQUIDATION    //AND //CONTINUED 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 SEPT. AT 8.401 TONNES ON FIRST DAY NOTICE  FOLLOWED BY TODAY’S  STRONG QUEUE JUMP OF 19,300 OZ //NEW STANDING 18.463 TONNES

    YET ALL OF..THIS HAPPENED WITH OUR RISE IN PRICE OF  $5.70 WITH RESPECT TO THURSDAY’S TRADING

    WE HAD A SMALL SIZED LOSS OF 1321 OI CONTRACTS 4.108 PAPER TONNES) ON OUR TWO EXCHANGES..

    E.F.P. ISSUANCE

    THE CME RELEASED THE DATA FOR EFP ISSUANCE AND IT TOTALED A STRONG SIZED 4488  CONTRACTS:

    The NEW COMEX OI FOR THE GOLD COMPLEX RESTS AT 465,469

    IN ESSENCE WE HAVE A SMALL  SIZED DECREASE IN TOTAL CONTRACTS ON THE TWO EXCHANGES OF 607 CONTRACTS  WITH 5095 CONTRACTS  DECREASED AT THE COMEX AND 4488 EFP OI CONTRACTS WHICH NAVIGATED OVER TO LONDON. THUS  TOTAL OI LOSS ON THE TWO EXCHANGES OF 607 CONTRACTS OR 1.888 TONNES.

    CALCULATIONS ON GAIN/LOSS ON OUR TWO EXCHANGES

    WE HAD A STRONG SIZED ISSUANCE IN EXCHANGE FOR PHYSICALS (4488) ACCOMPANYING THE STRONG SIZED LOSS IN COMEX OI (5809): TOTAL LOSS IN THE TWO EXCHANGES 1321 CONTRACTS. WE NO DOUBT HAD 1) CONSIDERABLE SPECULATOR SHORT COVERINGS// CONTINUED GOOD BANKER ADDITIONS///  ,2.) STRONG INITIAL STANDING AT THE GOLD COMEX FOR SEPT. AT 8.409 TONNES FOLLOWED BY TODAY’S QUEUE. JUMP OF 19,300 oz.    3) MINOR LONG LIQUIDATION//// //.,4)   STRONG SIZED COMEX OPEN INTEREST LOSS 5) STRONG ISSUANCE OF EXCHANGE FOR PHYSICAL/

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