by Harvey Organ, Harvey Organ Blog:
GOLD CLOSED DOWN $26.50 TO $1643.80//SILVER IS DOWN 77 CENTS TO $18.20//PLATINUM IS DOWN $6.01 TO $901.40//PALLADIUM IS DOWN $113.75 TO $2006.80..UK’S TRUSS SACKS CHANCELLOR KWARTANG AS WELL AS REVERSE TAX CUTS//EUROPE UPDATES ON FOOD SUPPLY FEARS//GLOBAL UPDATE ON FOOD SUPPLIES////PEPE ESCOBAR UPDATES ON RUSSIA VS UKRAINE AND THE WEST//COVID UPDATES//DR PAUL ALEXANDER//VACCINE IMPACT/VACCINE INJURY//PFIZER TRIED TO SILENCE REPORT ALEX BERENSON
TRUTH LIVES on at https://sgtreport.tv/
GOLD PRICE CLOSE: DOWN $26.50 to $1643.70
SILVER PRICE CLOSE: DOWN $0.77 to $18,20
Access prices: closes
Gold ACCESS CLOSE 1643.50
Silver ACCESS CLOSE: 18.26
New: early yesterday morning//
Bitcoin morning price: $19,698 UP 333
Bitcoin: afternoon price: $19,195 DOWN 170.
Platinum price closing DOWN $6.10 AT $901.40
Palladium price; closing DOWN $113.75 at $2006.80
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 $2281 CDN DOLLARS PER OZ DOWN $8.98 CDN DOLLARS
BRITISH GOLD IN POUNDS: 1468.95 POUNDS PER OZ DOWN 2.82 BRITISH POUNDS PER OZ/
EURO GOLD: 1688.70 EUROS PER OZ// DOWN 14.30 EUROS PER OZ///
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EXCHANGE: COMEX
EXCHANGE: COMEX
CONTRACT: OCTOBER 2022 COMEX 100 GOLD FUTURES
SETTLEMENT: 1,670.000000000 USD
INTENT DATE: 10/13/2022 DELIVERY DATE: 10/17/2022
FIRM ORG FIRM NAME ISSUED STOPPED
118 C MACQUARIE FUT 2
132 C SG AMERICAS 1
323 C HSBC 495
435 H SCOTIA CAPITAL 57
624 C BOFA SECURITIES 1
661 C JP MORGAN 203 17
690 C ABN AMRO 251
800 C MAREX SPEC 5
TOTAL: 516 516
MONTH TO DATE: 22,205
JPMORGAN STOPPED 17/516
GOLD: NUMBER OF NOTICES FILED FOR OCT CONTRACT: 516 NOTICES FOR 51,600 OZ or 1.6049 TONNES
total notices so far: 22,205 contracts for 2,220,500 oz (69.066 tonnes)
SILVER NOTICES: 0 NOTICE(S) FILED FOR nil OZ/
total number of notices filed so far this month 418 : for 2,090,000 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 $26.50
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 INTO THE GLD//
INVENTORY RESTS AT 944.31 TONNES
Silver//SLV
WITH NO SILVER AROUND AND SILVER DOWN 77 CENTS
AT THE SLV// :/BIG CHANGES IN SILVER INVENTORY AT THE SLV//: A HUGE DEPOSIT OF 2.211 MILLION OZ INTO THE SLV
INVESTORS ARE SWITCHING SLV TO SPROTT’S PSLV
CLOSING INVENTORY: 484.920 MILLION OZ
Let us have a look at the data for today
SILVER//OUTLINE
SILVER COMEX OI ROSE BY A GIGANTIC SIZED 3097 CONTRACTS TO 131,153 AND CLOSER TO THE RECORD HIGH OI OF 244,710, SET FEB 25/2020 AND THE GIGANTIC GAIN IN COMEX OI WAS ACCOMPLISHED DESPITE OUR $0.02 LOSS IN SILVER PRICING AT THE COMEX ON THURSDAY. OUR BANKERS/HFT WERE SUCCESSFUL IN KNOCKING THE PRICE OF SILVER DOWN (IT FELL BY $0.02)., BUT UNSUCCESSFUL IN KNOCKING OFF ANY SPEC LONGS. SOME SPECS CONTINUE TO ADD TO THEIR SHORTFALLS FROM WHICH OUR BANKERS CONTINUE TO BE PURCHASERS OF NET COMEX LONGS.
WE MUST HAVE HAD:
I) MINIMAL SPECULATOR SHORT COVERINGS ////CONTINUED BANKER OI COMEX ADDITIONS /// CONSIDERABLE NEWBIE SPEC SHORT 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 60,000 OZ QUEUE JUMP / // V) GIGANTIC SIZED COMEX OI GAIN/
I AM NOW RECORDING THE DIFFERENTIAL IN OI FROM PRELIMINARY TO FINAL: — 51
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 12 days, total 52,302 contracts: 26.151 million oz OR 2.179MILLION OZ PER DAY. (435 CONTRACTS PER DAY)
TOTAL EFP’S FOR THE MONTH SO FAR: 26.151 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. 26.151 MILLION OZ INITIAL
RESULT: WE HAD A GIGANTIC SIZED INCREASE IN COMEX OI SILVER COMEX CONTRACTS OF 3097 DESPITE OUR $0.02 LOSS IN SILVER PRICING AT THE COMEX// THURSDAY.,. THE CME NOTIFIED US THAT WE HAD A HUGE SIZED EFP ISSUANCE CONTRACTS: 1155 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//CONSIDERABLE NEWBIE SPEC LONG ADDITIONS// /// WE HAVE A GOOD INITIAL SILVER OZ STANDING FOR OCT. OF 1.580 MILLION OZ FOLLOWED BY TODAY’S 60,000 QUEUE JUMP .. WE HAD AN ATMOSPHERIC SIZED GAIN OF 4252 OI CONTRACTS ON THE TWO EXCHANGES FOR 21.26 MILLION OZ..
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