by Harvey Organ, Harvey Organ Blog:
GOLD CLOSED DOWN $9.40 TO $1702.00//SILVER CLOSED UP 1 CENT TO $18.00//PLATINUM CLOSED UP $19.90 AT $851.90//PALLADIUM CLOSED DOWN $61.70 AT $1968.75//COVID UPDATES RE ZERO COVID MANDATE IN CHINA//VACCINE IMPACT//DR PAUL ALEXANDER//VACCINE INJURY/ELIZ. TRUSS IS THE NEW BRITISH PRIME MINISTER//CHAOS RUNS SUPREME IN THE UK AND EUROPE DUE TO HIGH ENERGY COSTS//TRUSS REVAILS PLAN TO PROVIDE CITIZENS WITH MONEY TO OFFSET RISE IN PRICES//ALSO EUROPE HAS THE SAME TYPE OF PLAN//ARCELOR IN GERMANY TO CLOSE TWO PLANTS DUE TO HIGH GAS PRICES//RUSSIA SHUTS OFF COMPLETELY GAZPROM NO 1 AND WILL ONLY REOPEN IF SANCTIONS ARE LIFTED///MEGADROUGHT CONTINUES SURROUNDING THE COLORADO RIVER
TRUTH LIVES on at https://sgtreport.tv/
GOLD; $1702.00 DOWN $9.40
SILVER: $18.00 UP 1 CENTS
ACCESS MARKET:
GOLD $1702.20
SILVER: $18.01
Bitcoin morning price: $19,902 DOWN 83
Bitcoin: afternoon price: $19,985 DOWN 31
Platinum price closing UP $19.90 AT $851.90
Palladium price; closing DOWN $61.70 at $19.68
END
DONATE
EXCHANGE: COMEX
EXCHANGE: COMEX
CONTRACT: SEPTEMBER 2022 COMEX 100 GOLD FUTURES
SETTLEMENT: 1,709.800000000 USD
INTENT DATE: 09/02/2022 DELIVERY DATE: 09/07/2022
FIRM ORG FIRM NAME ISSUED STOPPED
118 C MACQUARIE FUT 11
132 C SG AMERICAS 12
365 H ED&F MAN CAPITA 1
435 H SCOTIA CAPITAL 16
657 C MORGAN STANLEY 2
661 C JP MORGAN 7 71
690 C ABN AMRO 2 3
709 C BARCLAYS 83
737 C ADVANTAGE 26 6
800 C MAREX SPEC 6 2
905 C ADM 2
TOTAL: 125 125
MONTH TO DATE: 1,935
JPMorgan stopped: 306/519
_____________________________________________________________________________________
GOLD: NUMBER OF NOTICES FILED FOR SEPT CONTRACT:
125 NOTICES FOR 12500 OZ //0.3880 TONNES
total notices so far: 18935 contracts for 193,500 oz (6.0186 tonnes)
SILVER NOTICES: 180 NOTICES FILED FOR 900,000 OZ/
total number of notices filed so far this month 5882 : for 29,410,000 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 $9.40
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 973.08 TONNES
Silver//SLV
WITH NO SILVER AROUND AND SILVER UP $.01
AT THE SLV// ://BIG CHANGES IN SILVER INVENTORY AT THE SLV//: A WITHDRAWAL OF 0.553 MILLION OZ FROM THE SLV//
INVESTORS ARE SWITCHING SLV TO SPROTT’S PSLV
CLOSING INVENTORY: 466.589 MILLION OZ
Let us have a look at the data for today
SILVER//OUTLINE
SILVER COMEX OI ROSE BY A FAIR SIZED 509 CONTRACTS TO 138,102. AND CLOSER TO THE NEW RECORD OF 244,710, SET FEB 25/2020 AND THE HUGE LOSS IN OI WAS ACCOMPLISHED WITH OUR $0.13 GAIN IN SILVER PRICING AT THE COMEX ON FRIDAY. OUR BANKERS WERE UNSUCCESSFUL IN KNOCKING THE PRICE OF SILVER DOWN (IT ROSE BY $0.13) BUT WERE UNSUCCESSFUL IN KNOCKING OFF ANY SPEC SILVER LONGS AS WE HAD A HUGE GAIN OF 1687 CONTRACTS ON OUR TWO EXCHANGES,; WE HAD MINOR SPECULATOR LIQUIDATION.
WE MUST HAVE HAD:
I) SOME//STRONG SPECULATOR SHORT LIQUIDATIONS ////CONTINUED BANKER OI COMEX ADDITIONS /. II) WE ALSO HAD SOME REDDIT RAPTOR BUYING//. iii) A SMALL ISSUANCE OF EXCHANGE FOR PHYSICALS iiii) AN INITIAL SILVER STANDING FOR COMEX SILVER MEASURING AT 3.855 MILLION OZ FOLLOWED BY TODAY’S 815,000 OZ QUEUE JUMP / // V) FAIR SIZED COMEX OI GAIN/(//STRONG SPEC LIQUIDATION/)
I AM NOW RECORDING THE DIFFERENTIAL IN OI FROM PRELIMINARY TO FINAL: +18
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 3 days, total 3731 contracts: 18.655 million oz OR 6.218 MILLION OZ PER DAY. (1243 CONTRACTS PER DAY)
TOTAL EFP’S FOR THE MONTH SO FAR: 18.655 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. 18.655 MILLION OZ///
RESULT: WE HAD A FAIR SIZED INCREASE IN COMEX OI SILVER COMEX CONTRACTS OF 509 WITH OUR $0.13 GAIN IN SILVER PRICING AT THE COMEX// FRIDAY.,. THE CME NOTIFIED US THAT WE HAD A SMALL SIZED EFP ISSUANCE CONTRACTS: 289 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: /SOME BANKER ADDITIONS A// STRONG SPEC SHORT LIQUIDATIONS /// WE HAVE A GOOD INITIAL SILVER OZ STANDING FOR AUGUST. OF 3.855 MILLION OZ FOLLOWED BY TODAY’S 815,000 OZ QUEUE JUMP // .. WE HAD A STRONG SIZED GAIN OF 798 OI CONTRACTS ON THE TWO EXCHANGES FOR 3.99 MILLION OZ AS..THE SPECS STILL BEING SENT TO THE SLAUGHTER HOUSE.
WE HAD 180 NOTICE(S) FILED TODAY FOR 900,000 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 802 CONTRACTS TO 463,442 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:–169 CONTRACTS.
.
THE SMALL SIZED DECREASE IN COMEX OI CAME DESPITE OUR STRONG RISE IN PRICE OF $13.00//COMEX GOLD TRADING/FRIDAY / WE MUST HAVE HAD STRONG SPECULATOR SHORT COVERINGS ACCOMPANYING OUR FAIR SIZED EXCHANGE FOR PHYSICAL ISSUANCE./. WE HAD ZERO LONG LIQUIDATION //AND SOME/STRONG SPECULATOR SHORT COVERINGS//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 JUMP OF 6800 OZ //NEW STANDING 11.203 TONNES
YET ALL OF..THIS HAPPENED WITH OUR STRONG RISE IN PRICE OF $13.00 WITH RESPECT TO FRIDAY’S TRADING
WE HAD A SMALL SIZED GAIN OF 1228 OI CONTRACTS 3.819 PAPER TONNES) ON OUR TWO EXCHANGES..
E.F.P. ISSUANCE
THE CME RELEASED THE DATA FOR EFP ISSUANCE AND IT TOTALED A FAIR SIZED 1863 CONTRACTS:
The NEW COMEX OI FOR THE GOLD COMPLEX RESTS AT 463,442
IN ESSENCE WE HAVE A SMALL SIZED INCREASE IN TOTAL CONTRACTS ON THE TWO EXCHANGES OF 1228 CONTRACTS WITH 635 CONTRACTS DECREASED AT THE COMEX AND 1863 EFP OI CONTRACTS WHICH NAVIGATED OVER TO LONDON. THUS TOTAL OI GAIN ON THE TWO EXCHANGES OF 1228 CONTRACTS OR 3.819 TONNES.
CALCULATIONS ON GAIN/LOSS ON OUR TWO EXCHANGES
WE HAD A FAIR SIZED ISSUANCE IN EXCHANGE FOR PHYSICALS (1863) ACCOMPANYING THE SMALL SIZED LOSS IN COMEX OI (802): TOTAL GAIN IN THE TWO EXCHANGES 1061 CONTRACTS. WE NO DOUBT HAD 1) STRONG 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 6800 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
SEPT
ACCUMULATION OF EFP’S GOLD AT J.P. MORGAN’S HOUSE OF BRIBES: (EXCHANGE FOR PHYSICAL) FOR THE MONTH OF AUGUST :
8498 CONTRACTS OR 849,800 OZ OR 26.43 TONNES 3 TRADING DAY(S) AND THUS AVERAGING: 2832 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: 26.43 TONNES
TOTAL ANNUAL GOLD PRODUCTION, 2021, THROUGHOUT THE WORLD EX CHINA EX RUSSIA: 3555 TONNES
THUS EFP TRANSFERS REPRESENTS 26.43/3550 x 100% TONNES 0.75% 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: 180.81 TONNES FINAL
SEPT. 26.43 TONNES
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 OCT. 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 SEPT HEADING TOWARDS THE ACTIVE DELIVERY MONTH OF OCT., 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 (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 FAIR SIZED 509 CONTRACT OI TO 138,102 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 289 CONTRACTS
OUR CUSTOMARY MIGRATION OF COMEX LONGS CONTINUE TO MORPH INTO LONDON FORWARDS AS OUR BANKERS USED THEIR EMERGENCY PROCEDURE TO ISSUE:
DEC 289 ALL OTHER MONTHS: ZERO. TOTAL EFP ISSUANCE: 289 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 491 CONTRACTS AND ADD TO THE 289 OI TRANSFERRED TO LONDON THROUGH EFP’S,
WE OBTAIN A STRONG SIZED GAIN OF 798 OPEN INTEREST CONTRACTS FROM OUR TWO EXCHANGES.
THUS IN OUNCES, THE GAIN ON THE TWO EXCHANGES 3.99 MILLION OZ
OCCURRED WITH OUR GAIN IN PRICE OF $0.13
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// SUNDAY NIGHT
SHANGHAI CLOSED UP 43.59 PTS OR 1.36% //Hang Sang CLOSED DOWN 22.97 OR 0.12% /The Nikkei closed UP 6.90 OR .03%. //Australia’s all ordinaires CLOSED DOWN 0.26% /Chinese yuan (ONSHORE) closed DOWN AT 6.9604//OFFSHORE CHINESE YUAN DOWN 6.9722// /Oil DOWN TO 86.52 dollars per barrel for WTI and BRENT AT 92,88 / Stocks in Europe OPENED ALL MIXED. ONSHORE YUAN TRADING ABOVE LEVEL OF OFFSHORE YUAN/ONSHORE YUAN TRADING WEAKER AGAINST US DOLLAR/OFFSHORE WEAKER
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