by Harvey Organ, Harvey Organ Blog:
GOLD PRICE UP $1.75 TO $1628.90//SILVER PRICE DOWN 7 CENTS TO $18.39//PLATINUM PRICE DOWN $4.10 TO $851.00/PALLADIUM PRICE UP $21.45 TO $2078.00//EXPLOSIONS UNDER THE SEA CAUSES ALL NATURAL GAS FLOWS TO STOP: SUSPECTED SABOTAGE//THIS WILL HURT FLOWS TO SWEDEN AND DENMARK//RUSSIA PROPOSES AN OPEC PLUS 1 MILLION BARREL CUT//CHAOS CONTINUES ON ALL MARKETS WITH THE DOW FALLING 125 POINTS//THE 10YEAR USA BOND YIELD AT JUST ABOUT 4%//GILTS AT 5%//COVID UPDATES/VACCINE IMPACT//VACCINE INJURIES//DR PAUL ALEXANDER
TRUTH LIVES on at https://sgtreport.tv/
GOLD PRICE CLOSE: UP $1.75 to $1628.90
SILVER PRICE CLOSE: DOWN 7 cents to $18.39
Access prices: closes
Gold ACCESS CLOSE 1629.70
Silver ACCESS CLOSE: 18.41
Bitcoin morning price: $20,240 UP 1102
Bitcoin: afternoon price: $19,055 DOWN 83
Platinum price closing DOWN $4.10 AT $851.00
Palladium price; closing UP $14.85 at $2078.00
END
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EXCHANGE: COMEX
COMEX//NOTICES FILED
EXCHANGE: COMEX
CONTRACT: SEPTEMBER 2022 COMEX 100 GOLD FUTURES
SETTLEMENT: 1,623.300000000 USD
INTENT DATE: 09/26/2022 DELIVERY DATE: 09/28/2022
FIRM ORG FIRM NAME ISSUED STOPPED
624 H BOFA SECURITIES 7
661 C JP MORGAN 270 175
690 C ABN AMRO 69
732 C RBC CAP MARKETS 50
880 H CITIGROUP 207
TOTAL: 389 389
MONTH TO DATE: 11,147
JPMorgan stopped 175/389
GOLD: NUMBER OF NOTICES FILED FOR SEPT CONTRACT:
389 NOTICES FOR 38,900 OZ //1.2099 TONNES
total notices so far: 11,147 contracts for 1,114,700 oz (34.6765 tonnes)
SILVER NOTICES: 46 NOTICES FILED FOR 230,000 OZ/
total number of notices filed so far this month 6741 : for 33,705,000 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 $1.75
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 3.76 TONNES FROM THE GLD/
INVENTORY RESTS AT 943.47 TONNES
Silver//SLV
WITH NO SILVER AROUND AND SILVER DOWN 7 CENTS
AT THE SLV// ://BIG CHANGES IN SILVER INVENTORY AT THE SLV//: A WITHDRAWAL OF OF 0.737 MILLION OZ INTO THE SLV//
INVESTORS ARE SWITCHING SLV TO SPROTT’S PSLV
CLOSING INVENTORY: 481.194 MILLION OZ
Let us have a look at the data for today
SILVER//OUTLINE
SILVER COMEX OI FELL BY A HUGE SIZED 1592 CONTRACTS TO 129,935 (ANOTHER ALL TIME RECORD LOW) AND FURTHER FROM THE NEW RECORD OF 244,710, SET FEB 25/2020 AND THE HUGE LOSS IN COMEX OI WAS ACCOMPLISHED WITH OUR $0.43 LOSS IN SILVER PRICING AT THE COMEX ON MONDAY. OUR BANKERS WERE SUCCESSFUL IN KNOCKING THE PRICE OF SILVER DOWN (IT FELL BY $0.43) AND WERE SUCCESSFUL IN KNOCKING OFF SOME SPEC SILVER LONGS AS WE HAD A HUGE LOSS OF 1002 CONTRACTS ON OUR TWO EXCHANGES. WE DID HAVE MINOR SILVER SHORT COVERING.
WE MUST HAVE HAD:
I) MINOR SPECULATOR SHORT COVERING ////CONTINUED BANKER OI COMEX ADDITIONS /. II) WE ALSO HAD SOME REDDIT RAPTOR BUYING//. iii) A GOOD ISSUANCE OF EXCHANGE FOR PHYSICALS iiii) AN INITIAL SILVER STANDING FOR COMEX SILVER MEASURING AT 3.855 MILLION OZ FOLLOWED BY TODAY’S 305,000 OZ QUEUE JUMP / // V) HUGE SIZED COMEX OI LOSS/(//MINOR SPEC LIQUIDATION/)
I AM NOW RECORDING THE DIFFERENTIAL IN OI FROM PRELIMINARY TO FINAL: –115
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 CONTRACTS for 18 days, total 13,810 contracts: 69.059 million oz OR 3.835 MILLION OZ PER DAY. (767 CONTRACTS PER DAY)
TOTAL EFP’S FOR THE MONTH SO FAR: 69.059 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. 69.059 MILLION OZ///
RESULT: WE HAD A HUGE SIZED DECREASE IN COMEX OI SILVER COMEX CONTRACTS OF 1592 WITH OUR $0.43 LOSS IN SILVER PRICING AT THE COMEX// MONDAY.,. THE CME NOTIFIED US THAT WE HAD A GOOD SIZED EFP ISSUANCE CONTRACTS: 475 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// MINOR NET SPEC SHORT COVERINGS /// WE HAVE A GOOD INITIAL SILVER OZ STANDING FOR AUGUST. OF 3.855 MILLION OZ FOLLOWED BY TODAY’S 305,000 OZ QUEUE JUMP // .. WE HAD A HUGE SIZED LOSS OF 1117 OI CONTRACTS ON THE TWO EXCHANGES FOR 5.585MILLION OZ AS..
WE HAD 46 NOTICE(S) FILED TODAY FOR 230,000 OZ
THE SILVER COMEX IS NOW BEING ATTACKED FOR METAL BY LONDONERS ET AL.
WE HAVE 3 MORE READING DAYS BEFORE FIRST DAY NOTICE
GOLD//OUTLINE
IN GOLD, THE COMEX OPEN INTEREST FELL BY A SMALL SIZED 834 CONTRACTS TO 466,797 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: REMOVED — -462 CONTRACTS.
.
THE SMALL SIZED DECREASE IN COMEX OI CAME DESPITE OUR HUGE FALL IN PRICE OF $17.15//COMEX GOLD TRADING/MONDAY / WE MUST HAVE HAD MAJOR SPECULATOR SHORT COVERINGS ACCOMPANYING OUR STRONG SIZED EXCHANGE FOR PHYSICAL ISSUANCE./. WE HAD ZERO 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 94.100 OZ //NEW STANDING 36.775 TONNES (QUEUE JUMPING = EXERCISING LONDON BASED EFP’S)
YET ALL OF..THIS HAPPENED WITH OUR FALL IN PRICE OF $17.15 WITH RESPECT TO MONDAY’S TRADING
WE HAD A GOOD SIZED GAIN OF 4037 OI CONTRACTS 12.556 PAPER TONNES) ON OUR TWO EXCHANGES..
E.F.P. ISSUANCE
THE CME RELEASED THE DATA FOR EFP ISSUANCE AND IT TOTALED A STRONG SIZED 5333 CONTRACTS:
The NEW COMEX OI FOR THE GOLD COMPLEX RESTS AT 466,335
IN ESSENCE WE HAVE A GOOD SIZED INCREASE IN TOTAL CONTRACTS ON THE TWO EXCHANGES OF 4037 CONTRACTS WITH 1296 CONTRACTS DECREASED AT THE COMEX AND 5333 EFP OI CONTRACTS WHICH NAVIGATED OVER TO LONDON. THUS TOTAL OI GAIN ON THE TWO EXCHANGES OF 4037 CONTRACTS OR 12.993 TONNES.
CALCULATIONS ON GAIN/LOSS ON OUR TWO EXCHANGES
WE HAD A STRONG SIZED ISSUANCE IN EXCHANGE FOR PHYSICALS (5333) ACCOMPANYING THE SMALL SIZED LOSS IN COMEX OI (1296): TOTAL GAIN IN THE TWO EXCHANGES 4037 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 MONSTROUS QUEUE JUMP OF 94,100 oz. 3) ZERO LONG LIQUIDATION//// //.,4) SMALL SIZED COMEX OPEN INTEREST LOSS 5) STRONG ISSUANCE OF EXCHANGE FOR PHYSICAL/
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