BANKING CRISES INTENSIFIES

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    by Harvey Organ, Harvey Organ Blog:

    GOLD CLOSED DOWN $15.10 TO $1981.30//SILVER CLOSED UP 3 CENTS TO $23.14//PLATINUM CLOSED DOWN 30 CENTS TO $982.30//PALLADIUM CLOSED DOWN $32.60 TO $1429.70//COVID AND VACCINE UPDATES//RUSSIAN VS UKRAINE UPDATES//BANKING CRISES INTENSIFIES

    TRUTH LIVES on at https://sgtreport.tv/

    GOLD PRICE CLOSED: DOWN $15,10at $1981,30

    SILVER PRICE CLOSED: UP $0.03 AT $23,14

    Access prices: closes : 4: 15 PM

    Gold ACCESS CLOSE 1978.60

    Silver ACCESS CLOSE: 23.20

    Bitcoin morning price:, $28,212 UP 927  Dollars

    Bitcoin: afternoon price: $27,371 UP 86  dollars

     

    Platinum price closing  $982,30 DOWN 30 CENTS

    Palladium price; closing $1429,70 DOWN $32.60

    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: $2,716.00 DOWN 15.25  CDN dollars per oz (ALL TIME HIGH 2732.50

    BRITISH GOLD: 1617,55  DOWN 5.00 pounds per oz//(ALL TIME HIGH//1629.84)

    EURO GOLD: 1836.00DOWN 1.60 euros per oz //(ALL TIME HIGH//1860.82)

    COMEX DATA  EXCHANGE:

    : COMEX

    EXCHANGE: COMEX
    CONTRACT: MARCH 2023 COMEX 100 GOLD FUTURES
    SETTLEMENT: 1,993.800000000 USD
    INTENT DATE: 03/23/2023 DELIVERY DATE: 03/27/2023
    FIRM ORG FIRM NAME ISSUED STOPPED


    435 H SCOTIA CAPITAL 4
    624 H BOFA SECURITIES 2
    737 C ADVANTAGE 6


    TOTAL: 6 6

    MONTH TO DATE: 5,198JPMORGAN stopped 7/180 contracts

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    GOLD: NUMBER OF NOTICES FILED FOR MAR/2023. CONTRACT:  6 NOTICES FOR 600  OZ  or  0.01866 TONNES

    total notices so far: 5198 contracts for 519800 oz (16.1679 tonnes)

    SILVER NOTICES: 0 NOTICE(S) FILED FOR nil OZ/

    total number of notices filed so far this month :  3146 for 15,730000 oz



    END

    GLD

    WITH GOLD  UP $$47.70

    INVESTORS SWITCHING TO SPROTT PHYSICAL  (PHYS) INSTEAD OF THE FRAUDULENT GLD

    /SMALL CHANGES IN GOLD INVENTORY AT THE GLD:////// A SMALL DEPOSIT OF 0.87 TONNES OF GOLD INTO THE GLD//

    INVENTORY RESTS AT 925.42 TONNES

    Silver//SLV

    WITH NO SILVER AROUND AND SILVER UP 62CENTS

    AT THE SLV// SMALL CHANGES IN SILVER INVENTORY AT THE SLV: A DEPOSIT OF OF 0.919 MILLION OZ FROM THE SLV: INVESTORS ARE SWITCHING SLV TO SPROTT’S PSLV

    CLOSING INVENTORY: 459.485 MILLION OZ

    Let us have a look at the data for today

    SILVER//OUTLINE

    SILVER COMEX OI FELL BY A HUGE SIZED 1159 CONTRACTS TO 118,082 AND FURTHER FROM THE  RECORD HIGH OI OF 244,710, SET FEB 25/2020 AND THIS HUGE SIZED LOSS IN COMEX OI WAS ACCOMPLISHED DESPITE OUR  $0.62 GAIN IN SILVER PRICING AT THE COMEX ON TUESDAY.  WITH TODAY’S READING AT THE COMEX, WE HAVE NOW SET ANOTHER RECORD LOW AT 118,082CONTRACTS , MARCH 23.2023. OUR BANKERS WERE UNSUCCESSFUL IN KNOCKING THE PRICE OF SILVER DOWN (IT ROSE BY $0.62). AND WERE  UNSUCCESSFUL IN KNOCKING ANY SPEC LONGS AS WE HAD A TINY GAIN ON OUR TWO EXCHANGES 46 CONTRACTS. WE HAD 0 CRIMINAL NOTICES FILED IN THE CATEGORY OF  EXCHANGE FOR RISK TRANSFER (  THE TOTAL ISSUED IN THIS CATEGORY SO FAR THIS MONTH TOTAL 1 MILLION OZ.)  WE HAVE FINISHED WITH OUR SPECS BEING SHORT AS THEY COVERED WITH THE RISE IN PRICE IN JANUARY .  WE HAVE NOW RETURNED TO OUR USUAL AND CUSTOMARY SCENARIO: BANKERS SHORT AND SPECS LONG.

    WE  MUST HAVE HAD:
    A  STRONG  ISSUANCE OF EXCHANGE FOR PHYSICALS( 1205 CONTRACTS) iiii) AN  INITIAL SILVER STANDING FOR COMEX SILVER MEASURING AT  15.58 MILLION OZ(FIRST DAY NOTICE) FOLLOWED BY TODAY’S ZERO JUMP TO LONDON OF nil OZ//NEW STANDING: 15.750 MILLION OZ + THE 1.0 MILLION OZ OF EXCHANGE FOR RISK//THUS TOTAL NEW STANDING 16.750MILLION OZ/ ////  V)  STRONG SIZED COMEX OI GAIN/ STRONG SIZED EFP ISSUANCE/

    I AM NOW RECORDING THE DIFFERENTIAL IN OI FROM PRELIMINARY TO FINAL  –40 CONTRACTS

    HISTORICAL ACCUMULATION OF EXCHANGE FOR PHYSICALS MAR. ACCUMULATION FOR EFP’S SILVER/JPMORGAN’S HOUSE OF BRIBES/STARTING FROM FIRST DAY/MONTH OF MAR:

    TOTAL CONTRACTS for 18 days, total 14,479contracts:   OR  72.395 MILLION OZ . (8043CONTRACTS PER DAY)

    TOTAL EFP’S FOR THE MONTH SO FAR: 72.395MILLION OZ

    .

    LAST 23 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///   53.070 MILLION OZ //FINAL

    FEB: 2023:       100.105/ MILLION OZ/FINAL//MUCH STRONGER ISSUANCE VS THE LATTER TWO MONTHS.

    MARCH 2023:  72.395 MILLION OZ//INITIAL//STRONG ISSUANCE BUT BELOW LAST MONTH

    RESULT: WE HAD A HUGE SIZED DECREASE IN COMEX OI SILVER COMEX CONTRACTS OF 1199 CONTRACTS DESPITE  OUR  $0.62 GAIN IN SILVER PRICING AT THE COMEX//THURSDAY.,.  THE CME NOTIFIED US THAT WE HAD A  HUGE  SIZED EFP ISSUANCE  CONTRACTS: 1205 CONTRACTS ISSUED FOR MAY 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 MAR OF  15.58 MILLION  OZ//FIRST DAY NOTICE// FOLLOWED BY TODAY’S 0 OZ EFP JUMP /QUEUE JUMP  (WHICH INCREASES THE AMOUNT OF SILVER STANDING) + 1.0 MILLION OF EXCHANGE FOR RISK ISSUED EARLY IN MARCH (INCREASES THE AMOUNT OF SILVER STANDING) //NEW STANDING 16.750MILLION OZ  .. WE HAVE A TINY SIZED GAIN OF OI CONTRACTS ON THE TWO EXCHANGES

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