by Harvey Organ, Harvey Organ Blog:
POOR USA JOBS REPORTS SENDS PRECIOUS METALS SKYROCKETING: GOLD PRICE ROSE $28.85 TO $1864.40//SILVER ROSE 54 CENTS TO $23.84//PLATINUM IS UP ANOTHER $29.80 TO $1094.00//PALLADIUM IS UP $57.70 TO $1810.70//COVID UPDATES: UPDATES ON BUFFALO BILLS PLAYER CARDIAC ARREST//VACCINE INJURIES UPDATES//VACCINE MANDATE/DR PAUL ALEXANDER UPDATES//UKRAINE VS RUSSIA UPDATES//USA PAYROLLS BEAT EXPECTATIONS BUT HOURLY RATE LOWER THAN EXPECTED: MOST OF THE JOB GAINS WERE PART TIME ADDITIONS NOT FULL TIME//THE ALL IMPORTANT SERVICE ISM REPORT SHOWS THE USA IN CONTINUAL CONTRACTION: THIS IS THE KEY REPORT FOR THE MONTH AS SERVICE IS 70% OF USA GDP//BED BATH AND BEYOND READY TO FILE FOR BANKRUPTCY PROTECTION
TRUTH LIVES on at https://sgtreport.tv/
GOLD PRICE CLOSED: UP $28.85 at $1864.40
SILVER PRICE CLOSED: UP $0.54 to $23.84
Access prices: closes : 4: 15 PM
Gold ACCESS CLOSE 1866.20
Silver ACCESS CLOSE: 23.82
Bitcoin morning price:, 16,728 DOWN 141 DOLLARS
Bitcoin: afternoon price: $16,966 UP 97 dollars
Platinum price closing $1064.20 UP $24.80
Palladium price; closing 1810.70 UP $57.70
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: $2508.30 UP $23.10 CDN dollars per oz
BRITISH GOLD: 1543.10 UP 4.04 pounds per oz
EURO GOLD: 1753,42 UP 11.33 euros per oz
EXCHANGE: COMEX
EXCHANGE: COMEX
CONTRACT: JANUARY 2023 COMEX 100 GOLD FUTURES
SETTLEMENT: 1,834.800000000 USD
INTENT DATE: 01/05/2023 DELIVERY DATE: 01/09/2023
FIRM ORG FIRM NAME ISSUED STOPPED
118 C MACQUARIE FUT 9
435 H SCOTIA CAPITAL 2
661 C JP MORGAN 4
732 C RBC CAP MARKETS 10
737 C ADVANTAGE 3 6
800 C MAREX SPEC 3 3
TOTAL: 20 20
MONTH TO DATE: 724
JPM received 0/20 contracts (stopped)
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GOLD: NUMBER OF NOTICES FILED FOR JAN/2023. CONTRACT: 20 NOTICES FOR 2000 OZ or 0.0622 TONNES
total notices so far: 724 contracts for 72400 oz (2.251 tonnes)
SILVER NOTICES: 2 NOTICE(S) FILED FOR 10,000 OZ/
total number of notices filed so far this month 812 for 4,060,000 oz
END
GLD
WITH GOLD UP $28.85
INVESTORS SWITCHING TO SPROTT PHYSICAL (PHYS) INSTEAD OF THE FRAUDULENT GLD//BIG CHANGES IN GOLD INVENTORY AT THE GLD: /////NO CHANGES IN GLD INVENTORY:
INVENTORY RESTS AT 916.77 TONNES
Silver//SLV
WITH NO SILVER AROUND AND SILVER UP 54 CENTS
AT THE SLV// :/HUGE CHANGES IN SILVER INVENTORY AT THE SLV//A DEPOSIT OF 4.2 MILLION OZ FROM THE SLV//
INVESTORS ARE SWITCHING SLV TO SPROTT’S PSLV
CLOSING INVENTORY: 509.65 MILLION OZ (THIS IS ALSO A CRIME SCENE@!!!!
Let us have a look at the data for today
SILVER//OUTLINE
SILVER COMEX OI FELL BY A HUGE SIZED 2073 CONTRACTS TO 131,136 AND FURTHER FROM THE RECORD HIGH OI OF 244,710, SET FEB 25/2020 AND THE LOSS IN COMEX OI WAS ACCOMPLISHED WITH OUR $0.50 LOSS IN SILVER PRICING AT THE COMEX ON THURSDAY. OUR SHORTERS/HFT WERE SUCCESSFUL IN KNOCKING THE PRICE OF SILVER DOWN (IT FELL BY $0.50 AND WERE SUCCESSFUL IN KNOCKING SOME SPEC LONGS, AS WE HAD A HUGE LOSS ON OUR TWO EXCHANGES OF 1473 CONTRACTS. AS WELL WE HAD A ZERO OZ OF AN EXCHANGE FOR RISK TRANSFER ( 0 CONTRACTS). WE HAD SOME SPEC SHORT COVERINGS . WE ALSO HAD STRONG NEW SHORT ADDITIONS WITH THE HUGE FALL IN PRICE OF SILVER. // OUR BANKERS CONTINUE TO BE PURCHASERS OF NET COMEX LONGS. BUT THEY ALSO SUPPLIED THE NECESSARY SHORT CONTRACTS>>> MINOR INCREASE OF NEWBIE SPEC LONGS
WE MUST HAVE HAD:
A STRONG ISSUANCE OF EXCHANGE FOR PHYSICALS iiii) AN INITIAL SILVER STANDING FOR COMEX SILVER MEASURING AT 4,055. MILLION OZ FOLLOWED BY TODAY’S QUEUE. JUMP OF 10,000 OZ//NEW STANDING 4.160 MILLION OZ // V) HUGE SIZED COMEX OI LOSS/ STRONG EFP ISSUANCE/
I AM NOW RECORDING THE DIFFERENTIAL IN OI FROM PRELIMINARY TO FINAL -37
HISTORICAL ACCUMULATION OF EXCHANGE FOR PHYSICALS JAN. ACCUMULATION FOR EFP’S SILVER/JPMORGAN’S HOUSE OF BRIBES/STARTING FROM FIRST DAY/MONTH OF JAN:
TOTAL CONTRACTS for 4 days, total 2833 contracts: OR 14.17 MILLION OZ PER DAY. (708 CONTRACTS PER DAY)
TOTAL EFP’S FOR THE MONTH SO FAR: 14.17 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: 134.290 MILLION OZ//FINAL
DEC, 61.395 MILLION OZ FINAL
JAN 2023/// 14.17 MILLION OZ
RESULT: WE HAD A HUGE SIZED DECREASE IN COMEX OI SILVER COMEX CONTRACTS OF 2036 WITH OUR $0.26 LOSS IN SILVER PRICING AT THE COMEX// THURSDAY.,. THE CME NOTIFIED US THAT WE HAD A STRONG SIZED EFP ISSUANCE CONTRACTS: 600 CONTRACTS ISSUED FOR MAR 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 JAN OF 4.055 MILLION OZ FOLLOWED BY TODAY’S QUEUE JUMP OF 10,000 / //NEW STANDING INCREASES TO 4.160 MILLION OZ + EFR 2.5 MILLION = 6.660 MILLION OZ. .. WE HAVE A HUGE SIZED LOSS OF 1473 OI CONTRACTS ON THE TWO EXCHANGES FOR 7.365 MILLION OZ.. THE SILVER SHORTS ARE NOW TRAPPED AS THEY ARE HAVING CONSIDERABLE DIFFICULTY IN COVERING THOSE SHORTS.
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 FELL BY A FAIR SIZED 3923 CONTRACTS TO 453,485 AND FURTHER FROM 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 1063 CONTRACTS.
.
THE FAIR SIZED DECREASE IN COMEX OI (3923 CONTRACTS) CAME WITH OUR $17.05 LOSS IN PRICE. WE ALSO HAD A SMALL INITIAL STANDING IN GOLD TONNAGE FOR JAN. AT 2.1710 TONNES ON FIRST DAY NOTICE FOLLOWED BY TODAY’S QUEUE JUMP OF 10 CONTRACTS OR 1000 OZ //(QUEUE JUMPING = EXERCISING LONDON BASED EFP’S ) (EFP is the transfer of contracts immediately to London for potential gold deliveries originating from London). NEW STANDING 2.230 TONNES
YET ALL OF..THIS HAPPENED WITH OUR HUGE $17.07 LOSS IN PRICE WITH RESPECT TO THURSDAY’S TRADING
WE HAD A FAIR SIZED GAIN OF 2291 OI CONTRACTS (7.125 PAPER TONNES) ON OUR TWO EXCHANGES..
E.F.P. ISSUANCE
THE CME RELEASED THE DATA FOR EFP ISSUANCE AND IT TOTALED A STRONG SIZED 6214 CONTRACTS:
The NEW COMEX OI FOR THE GOLD COMPLEX RESTS AT 454,548
IN ESSENCE WE HAVE A FAIR SIZED INCREASE IN TOTAL CONTRACTS ON THE TWO EXCHANGES OF 2291 CONTRACTS WITH 3923 CONTRACTS DECREASED AT THE COMEX AND 6214 EFP OI CONTRACTS WHICH NAVIGATED OVER TO LONDON. THUS TOTAL OI GAIN ON THE TWO EXCHANGES OF 2291 CONTRACTS OR 7.125 TONNES.
CALCULATIONS ON GAIN/LOSS ON OUR TWO EXCHANGES
WE HAD A STRONG SIZED ISSUANCE IN EXCHANGE FOR PHYSICALS (6214 CONTRACTS) ACCOMPANYING THE FAIR SIZED LOSS IN COMEX OI (3923) TOTAL GAIN IN THE TWO EXCHANGES 2291 CONTRACTS. WE NO DOUBT HAD 1) SOME SPECULATOR SHORT COVERINGS // CONTINUED GOOD BANKER ADDITIONS BUT THEY ALSO SUPPLIED THE NECESSARY PAPER SHORT. WE HAD CONSIDERABLE SHORT SPEC ADDITIONS/// // FEW NEWBIE SPEC ADDITIONS ,2.) SMALL INITIAL STANDING AT THE GOLD COMEX FOR JAN. AT 2.1710 TONNES FOLLOWED BY TODAY’S QUEUE JUMP OF 300 OZ /NEW STANDING 2.3919 TONNES///3) SMALL LONG LIQUIDATION //.,4) FAIR SIZED COMEX OPEN INTEREST GAIN 5) STRONG ISSUANCE OF EXCHANGE FOR PHYSICAL PAPER/
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