by Harvey Organ, Harvey Organ Blog:
GOLD AND SILVER RISE AS BANKERS ASK FOR DELIVERY FROM THEIR SPEC SHORTS: GOLD CLOSED UP $44.45 TO $1673.30//SILVER RISES A HUGE $1.31 UP TO $20.74//PLATINUM CLOSED UP $34.95 TO $957.45//PALLADIUM CLOSED UP $37.30 TO $1852.90//COVID UPDATES: VACCINE IMPACT//DR PAUL ALEXANDER//VACCINE IMPACT//SLAY NEWS//ALASDAIR MACLEOD EGON VON GREYERZ AND DR MICHAEL HUDSON : A MUST VIEW AND READ//IN ISRAEL BENJAMIN NETANYAHU TO BECOME NEW PRIME MINISTER//USA ISSUES ITS JOBS REPORT AND IT IS A TOTAL PHONY!!//WELLS FARGO ANNOUNCES A 90% COLLAPSE IN LOANS AS THE ECONOMY CRATERS//TWITTER’S RED WEDDING BEGINS IN EARNEST TODAY WITH PERHAPS 50% OF EMPLOYEES DISMISSED
TRUTH LIVES on at https://sgtreport.tv/
GOLD PRICE CLOSE: UP $44.45 to $1673.30
SILVER PRICE CLOSE: UP $1.31 to $20.74
Access prices: closes : 4: 15 PM
Gold ACCESS CLOSE 1681.00
Silver ACCESS CLOSE: 20.88
New: early yesterday morning//
Bitcoin morning price: $20,606 UP 334
Bitcoin: afternoon price: $20,989 UP 637
Platinum price closing UP $34.95 AT $957,45
Palladium price; closing UP $37,35 at $1852.90
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: 2264.08 DOLLARS UP 24.45 CDN DOLLARS PER OZ
BRITISH GOLD: 1476;38 POUNDS PER OZ UP 17.80 POUNDS PER OZ
EURO GOLD: 1686,67 EUROS PER OZ UP 15.03 EUROS PER OZ.
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EXCHANGE: COMEX
EXCHANGE: COMEX
DLV615-T CME CLEARING
BUSINESS DATE: 11/03/2022 DAILY DELIVERY NOTICES RUN DATE: 11/03/2022
PRODUCT GROUP: METALS RUN TIME: 20:27:57
EXCHANGE: COMEX
CONTRACT: NOVEMBER 2022 COMEX 100 GOLD FUTURES
SETTLEMENT: 1,627.300000000 USD
INTENT DATE: 11/03/2022 DELIVERY DATE: 11/07/2022
FIRM ORG FIRM NAME ISSUED STOPPED
132 C SG AMERICAS 147 16
190 H BMO CAPITAL 53
323 C HSBC 33
435 H SCOTIA CAPITAL 23
657 C MORGAN STANLEY 2
661 C JP MORGAN 458 189
732 C RBC CAP MARKETS 3
737 C ADVANTAGE 45 20
800 C MAREX SPEC 11 5
880 C CITIGROUP 53
880 H CITIGROUP 311
905 C ADM 3
TOTAL: 686 686
JPMORGAN STOPPED 189/1686
GOLD: NUMBER OF NOTICES FILED FOR NOV. CONTRACT: 686 NOTICES FOR 68,600 OZ or 2.1337 TONNES
total notices so far: 4553 contracts for 455,300 oz (14.1617 tonnes)
SILVER NOTICES: 0 NOTICE(S) FILED FOR nil OZ/
total number of notices filed so far this month 154 : for 770,000 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 $44.45
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 3.48 TONNES FROM THE GLD// /INVENTORY LOWERS TO 920.57 TONNES
INVENTORY RESTS AT 911.59 TONNES
Silver//SLV
WITH NO SILVER AROUND AND SILVER UP $1.31
AT THE SLV// :/SMALL CHANGES IN SILVER INVENTORY AT THE SLV: A WITHDRAWAL OF OF 4.972 MILLION OZ INTO THE SLV
INVESTORS ARE SWITCHING SLV TO SPROTT’S PSLV
CLOSING INVENTORY: 477.678 MILLION OZ
Let us have a look at the data for today
SILVER//OUTLINE
SILVER COMEX OI ROSE BY A FAIR SIZED 376 CONTRACTS TO 139,096 AND FURTHER FROM THE RECORD HIGH OI OF 244,710, SET FEB 25/2020 AND THE SMALL LOSS IN COMEX OI WAS ACCOMPLISHED WITH OUR $0.16 LOSS IN SILVER PRICING AT THE COMEX ON THURSDAY. OUR BANKERS/HFT WERE UNSUCCESSFUL IN KNOCKING THE PRICE OF SILVER DOWN (IT FELL BY $0.16)., AND WERE UNSUCCESSFUL IN KNOCKING OFF ANY SPEC LONGS, AS WE HAD A HUGE GAIN IN OUR TWO EXCHANGE OF 1015 CONTRACTS. WE HAD ZERO SPEC SHORT COVERING THEIR SHORTFALLS, BUT MASSIVE SHORT ADDITIONS // OUR BANKERS CONTINUE TO BE PURCHASERS OF NET COMEX LONGS. SOME NEWBIE SPEC LONGS ADDED TO THEIR POSITIONS ESPECIALLY AT THE LOWER PRICES
WE MUST HAVE HAD:
I) ZERO SPECULATOR SHORT COVERINGS BUT HUGE SHORT ADDITIONS ////CONTINUED BANKER OI COMEX ADDITIONS /// SOME NEWBIE SPEC LONG ADDITIONS. II) WE ALSO HAD SOME REDDIT RAPTOR BUYING//. iii) A STRONG ISSUANCE OF EXCHANGE FOR PHYSICALS iiii) AN INITIAL SILVER STANDING FOR COMEX SILVER MEASURING AT 1.045 MILLION OZ FOLLOWED BY TODAY’S 85,000 QUEUE JUMP//NEW STANDING:1.305 MILLION OZ/ / // V) FAIR SIZED COMEX OI GAIN/
I AM NOW RECORDING THE DIFFERENTIAL IN OI FROM PRELIMINARY TO FINAL: +36
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 4 days, total 3465 contracts: 17.325 million oz OR 4.331MILLION OZ PER DAY. (866 CONTRACTS PER DAY)
TOTAL EFP’S FOR THE MONTH SO FAR: 17.325 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: 17.325 MILLION
RESULT: WE HAD A FAIR SIZED INCREASE IN COMEX OI SILVER COMEX CONTRACTS OF 340 DESPITE OUR $0.16 LOSS IN SILVER PRICING AT THE COMEX// THURSDAY.,. THE CME NOTIFIED US THAT WE HAD A STRONG SIZED EFP ISSUANCE CONTRACTS: 675 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 85,000 QUEUE JUMP/ .. WE HAVE A HUGE SIZED GAIN OF 1015 OI CONTRACTS ON THE TWO EXCHANGES FOR 5.075 MILLION OZ..
WE HAD 0 NOTICE(S) FILED TODAY FOR nil 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 GIGANTIC SIZED 15,685 CONTRACTS TO 482,745 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 -185 CONTRACTS.
.
THE GIGANTIC SIZED INCREASE IN COMEX OI CAME DESPITE OUR FALL IN PRICE OF $18.30//COMEX GOLD TRADING/THURSDAY // ZERO SPECULATOR SHORT COVERINGS//HUGE SPEC SHORT ADDITIONS, ACCOMPANYING OUR MONSTER SIZED EXCHANGE FOR PHYSICAL ISSUANCE./. WE HAD SOME LONG LIQUIDATION // 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 NOV. AT 12.386 TONNES ON FIRST DAY NOTICE FOLLOWED BY TODAY’S MONSTER 98,800 OZ QUEUE JUMP //(QUEUE JUMPING = EXERCISING LONDON BASED EFP’S WILL CONTINUE UNTIL MONTH’S END)
YET ALL OF..THIS HAPPENED WITH OUR FALL IN PRICE OF $18.30 WITH RESPECT TO THURSDAY’S TRADING
WE HAD AN ATMOSPHERIC SIZED GAIN OF 26,875 OI CONTRACTS 83.593 PAPER TONNES) ON OUR TWO EXCHANGES..
E.F.P. ISSUANCE
THE CME RELEASED THE DATA FOR EFP ISSUANCE AND IT TOTALED A MONSTER SIZED 11,190 CONTRACTS:
The NEW COMEX OI FOR THE GOLD COMPLEX RESTS AT 482,743
IN ESSENCE WE HAVE AN ATMOSPHERIC SIZED INCREASE IN TOTAL CONTRACTS ON THE TWO EXCHANGES OF 26,875 CONTRACTS WITH 15,685 CONTRACTS INCREASED AT THE COMEX AND 11,190 EFP OI CONTRACTS WHICH NAVIGATED OVER TO LONDON. THUS TOTAL OI GAIN ON THE TWO EXCHANGES OF 27,060 CONTRACTS OR 84.167 TONNES.
CALCULATIONS ON GAIN/LOSS ON OUR TWO EXCHANGES
WE HAD A HUGE SIZED ISSUANCE IN EXCHANGE FOR PHYSICALS (11,190) ACCOMPANYING THE GIGANTIC SIZED GAIN IN COMEX OI (15,675): TOTAL GAIN IN THE TWO EXCHANGES 26,875 CONTRACTS. WE NO DOUBT HAD 1) ZERO SPECULATOR SHORT COVERINGS// CONTINUED GOOD BANKER ADDITIONS AS WELL AS HUGE SHORT SPEC GAINS/// // CONSIDERABLE NEWBIE SPEC ADDITIONS AT THE LOWER PRICE ,2.) STRONG INITIAL STANDING AT THE GOLD COMEX FOR NOV. AT 12.386 TONNES FOLLOWED BY TODAY’S MONSTER QUEUE JUMP OF 98,800 OZ //NEW STANDING 20.090 TONNES///3) ZERO LONG LIQUIDATION //// //.,4) GIGANTIC SIZED COMEX OPEN INTEREST GAIN 5) MONSTER ISSUANCE OF EXCHANGE FOR PHYSICAL/
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