by Harvey Organ, Harvey Organ Blog:
GOLD FELL BY $4.00 ON THIS FIRST DAY NOTICE: GOLD DOWN TO $1637.40//SILVER IS FLAT AT $19.18//PLATINUM IS DOWN $15.50 TO $931.00//PALLADIUM IS DOWN $49.50 TO $1855.25//HUGE BOMBING RAIDS ON KIEV AS THE CITY IS NOW WITHOUT POWER AND WATER//HUGE PROTESTS CONTINUE IN IRAN FOR 5TH WEEK//RUSSIA EXITS THE WHEAT DEAL AND THAT CAUSES WHEAT TO SKYROCKET/LOCKDOWNS CONTINUE IN CHINA’S I PHONE CITY AS COVID NUMBERS INCREASE//HUGE DEAL WITH LEBANON AND ISRAEL ON THEIR MARITIME BORDER AND THAT COULD BE A GAME CHANGER//BOLSONARO LOSES IN BRAZIL TO LULU//COVID UPDATES//DR PAUL ALEXANDER//VACCINE IMPACT
TRUTH LIVES on at https://sgtreport.tv/
GOLD PRICE CLOSE: DOWN $4.00 to $1637.40
SILVER PRICE CLOSE: DOWN $0.00 to $19.18
Access prices: closes : 4: 15 PM
Gold ACCESS CLOSE 1632.60
Silver ACCESS CLOSE: 19.21
New: early yesterday morning//
Bitcoin morning price: $20,703 UP 127
Bitcoin: afternoon price: $20,369 DOWN 207
Platinum price closing DOWN $15.50 AT $931.00
Palladium price; closing DOWN $49.80 at $1905.05
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: 2225.28 DOLLARS DOWN 7.80 CDN DOLLARS PER OZ
BRITISH GOLD: 1423.53 POUNDS PER OZ UP 10.21 POUNDS PER OZ
EURO GOLD: 1653.17 EUROS PER OZ UP 3.20 EUROS PER OZ.
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EXCHANGE: COMEX
EXCHANGE: COMEX//NOVEMBER
CONTRACT: NOVEMBER 2022 COMEX 100 GOLD FUTURES
SETTLEMENT: 1,639.600000000 USD
INTENT DATE: 10/28/2022 DELIVERY DATE: 11/01/2022
FIRM ORG FIRM NAME ISSUED STOPPED
099 H DB AG 379
118 C MACQUARIE FUT 700
190 H BMO CAPITAL 178
323 C HSBC 239
435 H SCOTIA CAPITAL 370
624 H BOFA SECURITIES 245
657 C MORGAN STANLEY 12
661 C JP MORGAN 231 781
690 C ABN AMRO 65
732 C RBC CAP MARKETS 25
737 C ADVANTAGE 40
800 C MAREX SPEC 16
880 H CITIGROUP 7
905 C ADM 72
TOTAL: 1,680 1,680
MONTH TO DATE: 1,680
JPMORGAN STOPPED 781/1600
GOLD: NUMBER OF NOTICES FILED FOR NOV. CONTRACT: 1600 NOTICES FOR 160,000 OZ or 4.9767 TONNES
total notices so far: 1600 contracts for 160000 oz (4.9767 tonnes)
SILVER NOTICES: 11 NOTICE(S) FILED FOR 135000 OZ/
total number of notices filed so far this month 11 : for 550,000 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 $4.00
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 BIG CHANGE IN GLD INVENTORY: A WITHDRAWAL OF 2.61 TONNES FROM THE GLD// /INVENTORY LOWERS TO 925.20 TONNES
INVENTORY RESTS AT 922.59 TONNES
Silver//SLV
WITH NO SILVER AROUND AND SILVER DOWN 0 CENTS
AT THE SLV// :/SMALL CHANGES IN SILVER INVENTORY AT THE SLV: A WITHDRAWAL OF OF .644 MILLION OZ INTO THE SLV
INVESTORS ARE SWITCHING SLV TO SPROTT’S PSLV
CLOSING INVENTORY: 483.723 MILLION OZ
Let us have a look at the data for today
SILVER//OUTLINE
SILVER COMEX OI FELL BY A HUGE SIZED 1724 CONTRACTS TO 138,127 AND FURTHER FROM THE RECORD HIGH OI OF 244,710, SET FEB 25/2020 AND THE TINY GAIN IN COMEX OI WAS ACCOMPLISHED WITH OUR STRONG $0.35 LOSS IN SILVER PRICING AT THE COMEX ON FRIDAY. OUR BANKERS/HFT WERE SUCCESSFUL IN KNOCKING THE PRICE OF SILVER DOWN (IT FELL BY $0.35)., AND WERE UNSUCCESSFUL IN KNOCKING OFF ANY SPEC LONGS, AS WE HAD A VERY STRONG LOSS IN OUR TWO EXCHANGE OF 1634 CONTRACTS. HUGE SPECS CONTINUE TO ADD TO THEIR SHORTFALLS FROM WHICH OUR BANKERS CONTINUE TO BE PURCHASERS OF NET COMEX LONGS. SOME SPEC LONGS COVERED THEIR SHORT POSITIONS //(CONTINUED SPREADER LIQUIDATIONS)
WE MUST HAVE HAD:
I) CONSIDERABLE SPECULATOR SHORT COVERINGS BUT STRONG SHORT ADDITIONS ////CONTINUED BANKER OI COMEX ADDITIONS /// SOME NEWBIE SPEC LONG ADDITIONS ON THE LOWER PRICE. 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 1.045 MILLION OZ / // V) HUGE SIZED COMEX OI LOSS/ (CONTINUED SPREADER LIQUIDATIONS)
I AM NOW RECORDING THE DIFFERENTIAL IN OI FROM PRELIMINARY TO FINAL: — 34
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 23 days, total 58,035 contracts: 29.017 million oz OR 1.2616MILLION OZ PER DAY. (253 CONTRACTS PER DAY)
TOTAL EFP’S FOR THE MONTH SO FAR: 29.017 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 INITIAL
RESULT: WE HAD A HUGE SIZED DECREASE IN COMEX OI SILVER COMEX CONTRACTS OF 1758 WITH OUR $0.35 LOSS IN SILVER PRICING AT THE COMEX// FRIDAY.,. THE CME NOTIFIED US THAT WE HAD A VERY SMALL SIZED EFP ISSUANCE CONTRACTS: 140 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 1.045 MILLION OZ .. WE HAVE A VERY STRONG SIZED LOSS OF 1618 OI CONTRACTS ON THE TWO EXCHANGES FOR 8.090 MILLION OZ..MOST OF THE LOSS WAS DUE TO SPREADER LIQUIDATION.
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