by Harvey Organ, Harvey Organ Blog:
GOLD AND SILVER CONTINUE TO ADVANCE: GOLD UP $7.30 TO $1773.45//SILVER UP ANOTHER 41 CENTS TO $22.05//PLATINUM DOWN 35 CENTS TO $1027.45//PALLADIUM UP $6.35 TO $2044.05//COVID UPDATES: CHINA CONTINUES WITH ZERO COVID POLICY//CHINA PIVOTS AS THEY PROVIDE MEGA FUNDS TO HELP THEIR AILING REAL ESTATE ECONOMY//VACCINE UPDATES//VACCINE IMPACT/DR PAUL ALEXANDER//FOR FALLOUT FROM THE DEMISE OF FTX//MORE SIGNS OF A CRUMBLING GLOBAL ECONOMY//AMAZON TO LAYOFF THOUSANDS
TRUTH LIVES on at https://sgtreport.tv/
GOLD PRICE CLOSE: UP $7,30 to $1773.45
SILVER PRICE CLOSE: UP $0.41 to $22.05
Access prices: closes : 4: 15 PM
Gold ACCESS CLOSE 1771.33
Silver ACCESS CLOSE: 21.99
New: early yesterday morning//
Bitcoin morning price: $16,726 DOWN 0
Bitcoin: afternoon price: $16,254 DOWN 472
Platinum price closing DOWN $0.35 AT $1027.65
Palladium price; closing UP $6.35 at $2044.05
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: 2358.17 DOLLARS UP 13.31 CDN DOLLARS PER OZ
BRITISH GOLD: 1507.09 POUNDS PER OZ UP 12.72 POUNDS PER OZ
EURO GOLD: 1705,68 EUROS PER OZ UP 5.90 EUROS PER OZ.
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EXCHANGE: COMEX
EXCHANGE: COMEX
CONTRACT: NOVEMBER 2022 COMEX 100 GOLD FUTURES
SETTLEMENT: 1,766.000000000 USD
INTENT DATE: 11/11/2022 DELIVERY DATE: 11/15/2022
FIRM ORG FIRM NAME ISSUED STOPPED
118 C MACQUARIE FUT 21
132 C SG AMERICAS 10 3
190 H BMO CAPITAL 12
435 H SCOTIA CAPITAL 100
661 C JP MORGAN 30 85
732 C RBC CAP MARKETS 1
737 C ADVANTAGE 70 32
800 C MAREX SPEC 10 4
880 C CITIGROUP 8
880 H CITIGROUP 53
905 C ADM 1
TOTAL: 220 220
MONTH TO DATE: 6,12
JPMORGAN STOPPED 85/220
GOLD: NUMBER OF NOTICES FILED FOR NOV. CONTRACT: 220 NOTICES FOR 22,000 OZ or 0.6843 TONNES
total notices so far: 6121 contracts for 612,100 oz (19.039 tonnes)
SILVER NOTICES: 2 NOTICE(S) FILED FOR 10,000 OZ/
total number of notices filed so far this month 357 : for 1,785,000 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 $7.30
INVESTORS SWITCHING TO SPROTT PHYSICAL (PHYS) INSTEAD OF THE FRAUDULENT GLD//BIG CHANGES IN GOLD INVENTORY AT THE GLD: /////HUGE CHANGES IN GLD INVENTORY: A WITHDRAWAL OF 1.45 TONNES INTO THE GLD//
INVENTORY RESTS AT 910.12 TONNES
Silver//SLV
WITH NO SILVER AROUND AND SILVER UP $.41
AT THE SLV// :/SMALL CHANGES IN SILVER INVENTORY AT THE SLV: A WITHDRAWAL OF OF 0.553 MILLION OZ INTO THE SLV
INVESTORS ARE SWITCHING SLV TO SPROTT’S PSLV
CLOSING INVENTORY: 471.923 MILLION OZ (THIS IS ALSO A CRIME SCENE@!!!!
Let us have a look at the data for today
SILVER//OUTLINE
SILVER COMEX OI ROSE BY A GIGANTIC SIZED 1695 CONTRACTS TO 141,894 AND CLOSER TO THE RECORD HIGH OI OF 244,710, SET FEB 25/2020 AND THE HUGE GAIN IN COMEX OI WAS ACCOMPLISHED DESPITE OUR TINY LOSS OF $0.02 IN SILVER PRICING AT THE COMEX ON THURSDAY. OUR SHORTERS/HFT WERE UNSUCCESSFUL IN KNOCKING THE PRICE OF SILVER DOWN (IT FELL BY A TINY $0.02)., AND WERE UNSUCCESSFUL IN KNOCKING OFF ANY SPEC LONGS, AS WE HAD AN ATMOSPHERIC SIZED GAIN IN OUR TWO EXCHANGES OF 2837 CONTRACTS. WE HAD A SOME ATTEMPTED SPEC SHORT COVERINGS OF THEIR SHORTFALLS WITH MINOR SUCCESS .WE HAD MINIMAL SPEC SHORT ADDITIONS AS THE PRICE OF THE METAL REMAINED FLAT . // OUR BANKERS CONTINUE TO BE PURCHASERS OF NET COMEX LONGS. HUGE NUMBER OF NEWBIE SPEC LONGS ADDED TO THEIR POSITIONS CAUSING ADDITIONAL MISERY TO OUR SHORTERS.
WE MUST HAVE HAD:
I) SOME ATTEMPTED (WITH MINIMAL SUCCESS) SPECULATOR SHORT COVERINGS WITH ZERO SHORT ADDITIONS ////CONTINUED BANKER OI COMEX ADDITIONS /// HUGE NEWBIE SPEC LONG ADDITIONS. II) WE ALSO HAD SOME REDDIT RAPTOR BUYING//. iii) A GIGANTIC ISSUANCE OF EXCHANGE FOR PHYSICALS iiii) AN INITIAL SILVER STANDING FOR COMEX SILVER MEASURING AT 1.045 MILLION OZ FOLLOWED BY TODAY’S 90,000 QUEUE JUMP//NEW STANDING:2,525,000 MILLION OZ/ / // V) GIGANTIC SIZED COMEX OI GAIN/
I AM NOW RECORDING THE DIFFERENTIAL IN OI FROM PRELIMINARY TO FINAL: -317
HISTORICAL ACCUMULATION OF EXCHANGE FOR PHYSICALS NOV. ACCUMULATION FOR EFP’S SILVER/JPMORGAN’S HOUSE OF BRIBES/STARTING FROM FIRST DAY/MONTH OF NOV:
TOTAL CONTRACTS for 10 days, total 21,175 contracts: 105.88 million oz OR 10.588MILLION OZ PER DAY. (2118 CONTRACTS PER DAY)
TOTAL EFP’S FOR THE MONTH SO FAR: 105.88 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. 29.017 MILLION OZ FINAL
NOV: 105.88 MILLION
RESULT: WE HAD A GIGANTIC SIZED INCREASE IN COMEX OI SILVER COMEX CONTRACTS OF 1695 DESPITE OUR $0.02 LOSS IN SILVER PRICING AT THE COMEX// FRIDAY.,. THE CME NOTIFIED US THAT WE HAD A STRONG SIZED EFP ISSUANCE CONTRACTS: 825 CONTRACTS ISSUED FOR DEC AND 0 CONTRACTS ISSUED FOR ALL OTHER MONTHS) WHICH EXITED OUT OF THE SILVER COMEX TO LONDON AS FORWARDS./ WE HAVE A GOOD INITIAL SILVER OZ STANDING FOR NOV. OF 1.345 MILLION OZ FOLLOWED BY TODAY’S 90,000 QUEUE JUMP/ .. WE HAVE A HUGE SIZED GAIN OF 2837 OI CONTRACTS ON THE TWO EXCHANGES FOR 14.185MILLION OZ.. THE SILVER SHORTS ARE NOW TRAPPED AS THEY ARE HAVING CONSIDERABLE DIFFICULTY IN COVERING THOSE SHORTS D WITH THE HUGE GAIN IN PRICE ON THURSDAY.
WE HAD 2 NOTICE(S) FILED TODAY FOR 10,000 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 HUGE SIZED 13,001 CONTRACTS TO 508,207 AND CLOSER TO THE RECORD (SET JAN 24/2020) AT 799,541 AND PREVIOUS TO THAT: (SET JAN 6/2020) AT 797,110.
THE DIFFERENTIAL FROM PRELIMINARY OI TO FINAL OI IN GOLD TODAY: REMOVED -687 CONTRACTS.
.
THE HUGE SIZED INCREASE IN COMEX OI CAME WITH OUR STRONG GAIN IN PRICE OF $15.25//COMEX GOLD TRADING/FRIDAY // CONSIDERABLE ATTEMPTED SPECULATOR SHORT COVERINGS TO NO AVAIL//(MAYBE SOME SPEC SHORT ADDITIONS IF THEY ARE STUPID ENOUGH), ACCOMPANYING OUR FAIR SIZED EXCHANGE FOR PHYSICAL ISSUANCE./. WE HAD ZERO LONG LIQUIDATION WITH CONTINUED ADDITIONS TO OUR BANKER LONGS!! THE COMEX WILL BLOW UP AS THE SPECS CANNOT DELIVER GOLD TO OUR BANKER LONGS. IT SEEMS THAT EVERYBODY WISHES TO BUY BUT NO SELLERS.
WE ALSO HAD A HUGE INITIAL STANDING IN GOLD TONNAGE FOR NOV. AT 12.386 TONNES ON FIRST DAY NOTICE FOLLOWED BY TODAY’S GIGANTIC 21,000 OZ QUEUE JUMP //(QUEUE JUMPING = EXERCISING LONDON BASED EFP’S WILL CONTINUE UNTIL MONTH’S END)
YET ALL OF..THIS HAPPENED WITH OUR STRONG GAIN IN PRICE OF $15.25 WITH RESPECT TO FRIDAY’S TRADING
WE HAD A HUGE SIZED GAIN OF 15,113 OI CONTRACTS (47.00 PAPER TONNES) ON OUR TWO EXCHANGES..
E.F.P. ISSUANCE
THE CME RELEASED THE DATA FOR EFP ISSUANCE AND IT TOTALED A FAIR SIZED 2112 CONTRACTS:
The NEW COMEX OI FOR THE GOLD COMPLEX RESTS AT 508,207
IN ESSENCE WE HAVE A GIGANTIC SIZED INCREASE IN TOTAL CONTRACTS ON THE TWO EXCHANGES OF 15,207 CONTRACTS WITH 13,001 CONTRACTS INCREASED AT THE COMEX (SHORT SPECULATORS FAILING TO GET OUT OF THEIR MESS) AND 2112 EFP OI CONTRACTS WHICH NAVIGATED OVER TO LONDON. THUS TOTAL OI GAIN ON THE TWO EXCHANGES OF 15,113 CONTRACTS OR 47.00 TONNES.
CALCULATIONS ON GAIN/LOSS ON OUR TWO EXCHANGES
WE HAD A FAIR SIZED ISSUANCE IN EXCHANGE FOR PHYSICALS (2112) ACCOMPANYING THE GIGANTIC SIZED GAIN IN COMEX OI (13,001): TOTAL GAIN IN THE TWO EXCHANGES 15,113 CONTRACTS. WE NO DOUBT HAD 1) CONSIDERABLE ATTEMPTED BUT FAILED SPECULATOR SHORT COVERINGS// CONTINUED GOOD BANKER ADDITIONS. WE HAD ZERO SHORT SPEC ADDITIONS/// // CONSIDERABLE NEWBIE SPEC ADDITIONS ,2.) STRONG INITIAL STANDING AT THE GOLD COMEX FOR NOV. AT 12.386 TONNES FOLLOWED BY TODAY’S GOOD QUEUE JUMP OF 21,000 OZ //NEW STANDING 21.701 TONNES///3) ZERO LONG LIQUIDATION //// //.,4) GIGANTIC SIZED COMEX OPEN INTEREST GAIN 5) FAIR ISSUANCE OF EXCHANGE FOR PHYSICAL PAPER/
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