by Harvey Organ, Harvey Organ Blog:
ANOTHER GOLD AND SILVER MANIPULATIVE DAY: GOLD CLOSED UP $2.40 TO $1632.40//SILVER WAS UP 33 CENTS TO $18.74//PLATINUM CLOSED UP $27.45 TO $916.20//PALLADIUM CLOSED UP $66.50//JAMES TURK; A MUST READ!//COVID UPDATES//DR PAUL ALEXANDER//VACCINE MANDATE//RUSSIA VS UKRAINE UPDATES//IN THE UK: PRIME MINISTER TRUSS RESIGNS//UPDATES ON THE EUROPEAN/UK FINANCIAL/ENERGY MESS
TRUTH LIVES on at https://sgtreport.tv/
GOLD PRICE CLOSE: UP $2.40 to $1632.40
SILVER PRICE CLOSE: UP $0.33 to $18,74
Access prices: closes
Gold ACCESS CLOSE 1628.00
Silver ACCESS CLOSE: 18.65
New: early yesterday morning//
Bitcoin morning price: $19,224 UP 100
Bitcoin: afternoon price: $19,063 DOWN 61.
Platinum price closing UP $27.45 AT $916.70
Palladium price; closing UP $66.50 at $2064.15
END
Due to the huge rise in the dollar, we must look at gold and silver in currencies other than the dollar to understand where we are heading
I will now provide gold in Canadian dollars, British pounds and Euros/4: 15 PM ACCESS
CANADIAN GOLD $2240.20 CDN DOLLARS PER OZ DOWN $2.75 CDN DOLLARS
BRITISH GOLD IN POUNDS: 1448.88 POUNDS PER OZ DOWN 0.80 BRITISH POUNDS PER OZ/
EURO GOLD: 1663.20 EUROS PER OZ// DOWN 2.96 EUROS PER OZ///
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EXCHANGE: COMEX
EXCHANGE: COMEX
CONTRACT: OCTOBER 2022 COMEX 100 GOLD FUTURES
SETTLEMENT: 1,627.500000000 USD
INTENT DATE: 10/19/2022 DELIVERY DATE: 10/21/2022
FIRM ORG FIRM NAME ISSUED STOPPED
323 C HSBC 153
435 H SCOTIA CAPITAL 22
657 C MORGAN STANLEY 5
661 C JP MORGAN 153 1
880 H CITIGROUP 9
905 C ADM 7
TOTAL: 175 175
MONTH TO DATE: 22,450
JPMORGAN STOPPED 1/175
GOLD: NUMBER OF NOTICES FILED FOR OCT CONTRACT: 175 NOTICES FOR 17500 OZ or 0.5493 TONNES
total notices so far: 22,57 contracts for 2,245,000 oz (69.2828 tonnes)
SILVER NOTICES: 3 NOTICE(S) FILED FOR 15,000 OZ/
total number of notices filed so far this month 432 : for 2,160,000 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 $2.40
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//BIG CHANGES IN GOLD INVENTORY AT THE GLD: /////A WITHDRAWAL OF 6.08 TONNES INTO THE GLD//
INVENTORY RESTS AT 932.73 TONNES
Silver//SLV
WITH NO SILVER AROUND AND SILVER UP 33 CENTS
AT THE SLV// :/BIG CHANGES IN SILVER INVENTORY AT THE SLV//: A HUGE WITHDRAWAL OF 0.921 MILLION OZ INTO THE SLV
INVESTORS ARE SWITCHING SLV TO SPROTT’S PSLV
CLOSING INVENTORY: 485.703 MILLION OZ
Let us have a look at the data for today
SILVER//OUTLINE
SILVER COMEX OI ROSE BY A STRONG SIZED 714 CONTRACTS TO 136,769 AND CLOSER TO THE RECORD HIGH OI OF 244,710, SET FEB 25/2020 AND THE STRONG GAIN IN COMEX OI WAS ACCOMPLISHED DESPITE OUR $0.27 LOSS IN SILVER PRICING AT THE COMEX ON WEDNESDAY. OUR BANKERS/HFT WERE SUCCESSFUL IN KNOCKING THE PRICE OF SILVER DOWN (IT FELL BY $0.27)., BUT UNSUCCESSFUL IN KNOCKING OFF ANY SPEC LONGS. HUGE NUMBERS OF SPECS CONTINUE TO ADD TO THEIR SHORTFALLS FROM WHICH OUR BANKERS CONTINUE TO BE PURCHASERS OF NET COMEX LONGS. SOME SPEC LONGS ADDED TO THEIR POSITIONS WITH THE VERY ATTRACTIVE PRICE.
WE MUST HAVE HAD:
I) SOME SPECULATOR SHORT COVERINGS ////CONTINUED BANKER OI COMEX ADDITIONS /// SOME NEWBIE SPEC LONG 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 1.580 MILLION OZ FOLLOWING A 10,000 OZ QUEUE. JUMP / // V) STRONG SIZED COMEX OI GAIN/
I AM NOW RECORDING THE DIFFERENTIAL IN OI FROM PRELIMINARY TO FINAL: –70
HISTORICAL ACCUMULATION OF EXCHANGE FOR PHYSICALS OCT. ACCUMULATION FOR EFP’S SILVER/JPMORGAN’S HOUSE OF BRIBES/STARTING FROM FIRST DAY/MONTH OF OCT:
TOTAL CONTRACTS for 16 days, total 55.215 contracts: 27.608 million oz OR 1.7255MILLION OZ PER DAY. (345 CONTRACTS PER DAY)
TOTAL EFP’S FOR THE MONTH SO FAR: 27.608 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. 74.025 MILLION OZ///FINAL
OCT. 27.608 MILLION OZ INITIAL
RESULT: WE HAD A STRONG SIZED INCREASE IN COMEX OI SILVER COMEX CONTRACTS OF 714 DESPITE OUR $0.27 LOSS IN SILVER PRICING AT THE COMEX// WEDNESDAY.,. THE CME NOTIFIED US THAT WE HAD A GOOD SIZED EFP ISSUANCE CONTRACTS: 400 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: /STRONG BANKER ADDITIONS // STRONG SHORT ADDITIONS//SOME NEWBIE SPEC LONG ADDITIONS// /// WE HAVE A GOOD INITIAL SILVER OZ STANDING FOR OCT. OF 1.580 MILLION OZ FOLLOWED BY TODAY’S 10,000 QUEUE JUMP .. WE HAD A HUGE SIZED GAIN OF 1114 OI CONTRACTS ON THE TWO EXCHANGES FOR 5.570 MILLION OZ..
WE HAD 3 NOTICE(S) FILED TODAY FOR 15,000 OZ
THE SILVER COMEX IS NOW BEING ATTACKED FOR METAL BY LONDONERS ET AL.
GOLD//OUTLINE
IN GOLD, THE COMEX OPEN INTEREST ROSE BY A STRONG SIZED 8741 CONTRACTS TO 443,442 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: ADDED 225 CONTRACTS.
.
THE STRONG SIZED INCREASE IN COMEX OI CAME DESPITE OUR LOSS IN PRICE OF $20.65
//COMEX GOLD TRADING/WEDNESDAY // CONSIDERABLE SPECULATOR SHORT COVERINGS ACCOMPANYING OUR GOOD SIZED EXCHANGE FOR PHYSICAL ISSUANCE./. WE HAD ZERO LONG LIQUIDATION AND STRONG SPEC SHORT ADDITIONS // 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 OCT. AT 66.099 TONNES ON FIRST DAY NOTICE FOLLOWED BY TODAY’S QUEUE. JUMP OF 4200 OZ//NEW STANDING 72.333TONNES (QUEUE JUMPING = EXERCISING LONDON BASED EFP’S WILL CONTINUE UNTIL MONTH’S END)
YET ALL OF..THIS HAPPENED WITH OUR LOSS IN PRICE OF $20.65 WITH RESPECT TO TUESDAY’S TRADING
WE HAD A HUGE SIZED GAIN OF 13,014 OI CONTRACTS 40.479 PAPER TONNES) ON OUR TWO EXCHANGES..
E.F.P. ISSUANCE
THE CME RELEASED THE DATA FOR EFP ISSUANCE AND IT TOTALED A GOOD SIZED 4273 CONTRACTS:
The NEW COMEX OI FOR THE GOLD COMPLEX RESTS AT 443,442
IN ESSENCE WE HAVE A HUGE SIZED INCREASE IN TOTAL CONTRACTS ON THE TWO EXCHANGES OF 13,014 CONTRACTS WITH 8741 CONTRACTS INCREASED AT THE COMEX AND 4273 EFP OI CONTRACTS WHICH NAVIGATED OVER TO LONDON. THUS TOTAL OI GAIN ON THE TWO EXCHANGES OF 12,789 CONTRACTS OR 939.780 TONNES.
CALCULATIONS ON GAIN/LOSS ON OUR TWO EXCHANGES
WE HAD A GOOD SIZED ISSUANCE IN EXCHANGE FOR PHYSICALS (4273) ACCOMPANYING THE STRONG SIZED GAIN IN COMEX OI (8741): TOTAL GAIN IN THE TWO EXCHANGES 13,014 CONTRACTS. WE NO DOUBT HAD 1) STRONG SPECULATOR SHORT ADDITIONS// CONTINUED GOOD BANKER ADDITIONS/// STRONG NEWBIE SPEC ADDITIONS ,2.) STRONG INITIAL STANDING AT THE GOLD COMEX FOR OCT. AT 66.099 TONNES FOLLOWED BY TODAY’S 4200 OZ QUEUE. JUMP ///NEW STANDING 72.303 TONNES//. 3) ZERO LONG LIQUIDATION //// //.,4) STRONG SIZED COMEX OPEN INTEREST GAIN 5) GOOD ISSUANCE OF EXCHANGE FOR PHYSICAL/
HISTORICAL ACCUMULATION OF EXCHANGE FOR PHYSICALS IN 2022 INCLUDING TODAY
OCT
ACCUMULATION OF EFP’S GOLD AT J.P. MORGAN’S HOUSE OF BRIBES: (EXCHANGE FOR PHYSICAL) FOR THE MONTH OF OCT. :
38,957 CONTRACTS OR 3,895,700 OZ OR 121.17 TONNES 16 TRADING DAY(S) AND THUS AVERAGING: 2434 EFP CONTRACTS PER TRADING DAY
TO GIVE YOU AN IDEA AS TO THE SIZE OF THESE EFP TRANSFERS : THIS MONTH IN 16 TRADING DAY(S) IN TONNES: 107.88 TONNES
TOTAL ANNUAL GOLD PRODUCTION, 2021, THROUGHOUT THE WORLD EX CHINA EX RUSSIA: 3555 TONNES
THUS EFP TRANSFERS REPRESENTS 121.17/3550 x 100% TONNES 3.40% 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. 193.16 TONNES FINAL
OCT: 121/17 TONNES INITIAL ( MUCH SMALLER THAN LAST MONTH)
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 NOV. WE ARE NOW INTO THE SPREADING OPERATION OF BOTH SILVER AND GOLD (WILL BE SMALL AS SPREADERS DO NOT PAY ATTENTION TO NOVEMBER)
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 OCT HEADING TOWARDS THE NON ACTIVE DELIVERY MONTH OF NOV., FOR BOTH GOLD AND 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 (NOV), 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 STRONG SIZED 714 CONTRACT OI TO 136,769 AND CLOSER TO OUR COMEX HIGH 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 400 CONTRACTS
OUR CUSTOMARY MIGRATION OF COMEX LONGS CONTINUE TO MORPH INTO LONDON FORWARDS AS OUR BANKERS USED THEIR EMERGENCY PROCEDURE TO ISSUE:
DEC 400 ALL OTHER MONTHS: ZERO. TOTAL EFP ISSUANCE: 400 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 714 CONTRACTS AND ADD TO THE 400 OI TRANSFERRED TO LONDON THROUGH EFP’S,
WE OBTAIN A HUGE SIZED GAIN OF 1114 OPEN INTEREST CONTRACTS FROM OUR TWO EXCHANGES.
THUS IN OUNCES, THE GAIN ON THE TWO EXCHANGES 5.570 MILLION OZ//
OCCURRED DESPITE OUR LOSS IN PRICE OF $0.27
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)THURSDAY MORNING// WEDNESDAY NIGHT
SHANGHAI CLOSED DOWN 9.33 PTS OR 0.31% //Hang Seng CLOSED DOWN 231.06 OR 1.40% /The Nikkei closed DOWN 250.42PTS OR 0.92% //Australia’s all ordinaires CLOSED DOWN 1.16% /Chinese yuan (ONSHORE) closed UP TO 7.2260 //OFFSHORE CHINESE YUAN UP 7.2448// /Oil UP TO 87.46 dollars per barrel for WTI and BRENT AT 93.65 / Stocks in Europe OPENED MOSTLY GREEN. ONSHORE YUAN TRADING ABOVE LEVEL OF OFFSHORE YUAN/ONSHORE YUAN TRADING STRONGER AGAINST US DOLLAR/OFFSHORE STRONGER
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