CREDIT SUISSE PROBLEMS CONTINUE UNABATED AS THEY SEEM TO HAVE A MAJOR DERIVATIVE PROBLEM

    0
    269

    by Harvey Organ, Harvey Organ Blog:

    GOLD CLOSED DOWN $6.95 TO $1918.20//SILVER CLOSED DOWN 25 CENTS TO $21,59//PLATINUM CLOSED DOWN $12.80 TO $962.75//PALLADIUM FINISHED THE DAY DOWN $65.25 TO $1363.25//BANKING CRISES CONTINUE WITH A RESCUE ATTEMPT AT SMALL BANKS WITH A MISMATCH OF SHORT TERM AND LONG TERM DEBT//CREDIT SUISSE PROBLEMS CONTINUE UNABATED AS THEY SEEM TO HAVE A MAJOR DERIVATIVE PROBLEM//UKRAINE VS USA// SURPRISINGLY THE ECB RAISES ITS RATE BY .50% DESPITE THE CREDIT SUISSE PROBLEMS//PHLLY MFG INDEX FALLS AGAIN BADLY

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

    GOLD PRICE CLOSED: DOWN $6.95 at $1918.20

    SILVER PRICE CLOSED: DOWN $0.25  to $21.59

    Access prices: closes : 4: 15 PM

    Gold ACCESS CLOSE 1919.60

    Silver ACCESS CLOSE: 21.69

    Bitcoin morning price:, $24,870 UP 518 Dollars

    Bitcoin: afternoon price: $24,982 up 630  dollars

    Platinum price closing  $962.75 DOWN $12.50

    Palladium price; closing $1363.25  DOWN $65.25

    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: $2,633.35 DOWN $5.50 CDN dollars per oz

    BRITISH GOLD: 1584,75 DOWN 7,25 pounds per oz//(ALL TIME HIGH//1590.35)

    EURO GOLD: 1783,95 DOWN 5.65 euros per oz //(ALL TIME HIGH//1812.70)

    COMEX DATA

    EXCHANGE: COMEX

    COMEX//NOTICES FILED

    EXCHANGE: COMEX
    CONTRACT: MARCH 2023 COMEX 100 GOLD FUTURES
    SETTLEMENT: 1,926.600000000 USD
    INTENT DATE: 03/15/2023 DELIVERY DATE: 03/17/2023
    FIRM ORG FIRM NAME ISSUED STOPPED


    435 H SCOTIA CAPITAL 274
    624 H BOFA SECURITIES 19
    657 C MORGAN STANLEY 11
    661 C JP MORGAN 79
    661 H JP MORGAN 409
    732 C RBC CAP MARKETS 7
    737 C ADVANTAGE 28 7
    905 C ADM 54


    Advertisements
    REPORT THIS AD

    TOTAL: 444 444


    TOTAL: 471 471
    MONTH TO DATE: 3,807

    JPMORGAN stopped 1/471 contracts

    DONATE

    Click here if you wish to send a donation. I sincerely appreciate it as this site takes a lot of preparation.

    GOLD: NUMBER OF NOTICES FILED FOR MAR/2023. CONTRACT:  444 NOTICES FOR 44400  OZ  or  1.3810 TONNES

    total notices so far: 4251 contracts for 425,100 oz (13222 tonnes)

    SILVER NOTICES: 4 NOTICE(S) FILED FOR 20,000 OZ/

    total number of notices filed so far this month :  3010 for 15,050,000 oz



    END

    GLD

    WITH GOLD  DOWN $6.95

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

    /HUGE CHANGES IN GOLD INVENTORY AT THE GLD://////A DEPOSIT OF 1.45 TONNES OF GOLD INTO THE GLD//

    INVENTORY RESTS AT 914.72TONNES

    Silver//SLV

    WITH NO SILVER AROUND AND SILVER DOWN $.25

    Advertisements
    REPORT THIS AD

    AT THE SLV// HUGE CHANGES IN SILVER INVENTORY AT THE SLV: A WITHDRAWAL OF OF 5,009,000 OZ INTO THE SLV: INVESTORS ARE SWITCHING SLV TO SPROTT’S PSLV

    CLOSING INVENTORY: 473.226. MILLION OZ

    Let us have a look at the data for today

    SILVER//OUTLINE

    SILVER COMEX OI FELL BY AN FAIR  SIZED 459  CONTRACTS TO 121,313 AND FURTHER FROM THE  RECORD HIGH OI OF 244,710, SET FEB 25/2020 AND THIS FAIR SIZED LOSS IN COMEX OI WAS ACCOMPLISHED WITH OUR  $0.07 LOSS IN SILVER PRICING AT THE COMEX ON WEDNESDAY . WE AGAIN ARE CLOSING IN ON OUR NEW LOW COMEX OI SILVER  SET AT 121,299 CONTRACTS , MARCH 3/2023. OUR BANKERS WERE SUCCESSFUL IN KNOCKING THE PRICE OF SILVER DOWN (IT FELL BY $0.07). BUT WERE  UNSUCCESSFUL IN KNOCKING ANY SPEC LONGS AS WE HAD A VERY STRONG GAIN ON OUR TWO EXCHANGES 1590 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 GIGANTIC  ISSUANCE OF EXCHANGE FOR PHYSICALS( 1883 CONTRACTS) iiii) AN  INITIAL SILVER STANDING FOR COMEX SILVER MEASURING AT  15.58 MILLION OZ(FIRST DAY NOTICE) FOLLOWED BY TODAY’S E.F.P. JUMP TO LONDON OF 5,000 OZ//NEW STANDING: 15.280 MILLION OZ + THE 1.0 MILLION OZ OF EXCHANGE FOR RISK//THUS TOTAL NEW STANDING 16.280 MILLION OZ/ ////  V)  FAIR SIZED COMEX OI LOSS/ GIGANTIC SIZED EFP ISSUANCE/

     I AM NOW RECORDING THE DIFFERENTIAL IN OI FROM PRELIMINARY TO FINAL  –163 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 12 days, total 10,094 contracts:   OR 55.470  MILLION OZ . (841 CONTRACTS PER DAY)

    TOTAL EFP’S FOR THE MONTH SO FAR: 55.470 MILLION 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

    Advertisements
    REPORT THIS AD

    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:  55.47 MILLION OZ//INITIAL//ON PAR WITH LAST MONTH

    RESULT: WE HAD A FAIR SIZED DECREASE IN COMEX OI SILVER COMEX CONTRACTS OF 459 CONTRACTS WITH  OUR  $0.07 LOSS IN SILVER PRICING AT THE COMEX//WEDNESDAY.,.  THE CME NOTIFIED US THAT WE HAD A HUMONGOUS  SIZED EFP ISSUANCE  CONTRACTS: 1883 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 5,000 OZ E.F.P. JUMP TO LONDON (WHICH DECREASES THE AMOUNT OF SILVER STANDING) + 1.0 MILLION OF EXCHANGE FOR RISK ISSUED EARLY IN MARCH (INCREASES THE AMOUNT OF SILVER STANDING) //NEW STANDING 16.280 MILLION OZ  .. WE HAVE A VERY STRONG SIZED GAIN OF 1424 OI CONTRACTS ON THE TWO EXCHANGES

     WE HAD 4  NOTICE(S) FILED TODAY FOR   20,000   OZ

    Advertisements
    REPORT THIS AD

    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 3344 CONTRACTS  TO 455,720 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 507 CONTRACTS. 

    .

     WE HAD A FAIR SIZED DECREASE  IN COMEX OI ( 3344 CONTRACTS) DESPITE OUR  $18.75 GAIN IN PRICE. WE ALSO HAD A SMALL INITIAL STANDING IN GOLD TONNAGE FOR MAR. AT 4.9953 TONNES ON FIRST DAY NOTICE FOLLOWED BY TODAY’S HUGE QUEUE JUMP OF 49,700 OZ (1.546 TONNES) //(QUEUE JUMPING = EXERCISING LONDON BASED EFP’S, ATTACHED TO COMEX CONTRACTS ) (EFP is the transfer of   COMEX contracts immediately to London for potential gold deliveries originating from London).

    YET ALL OF..THIS HAPPENED WITH OUR  $18.75 GAIN IN PRICE  WITH RESPECT TO WEDNESDAY’S TRADING

    WE HAD A SMALL SIZED GAIN OF 1978 OI CONTRACTS (3,046 PAPER TONNES) ON OUR TWO EXCHANGES 

    E.F.P. ISSUANCE

    THE CME RELEASED THE DATA FOR EFP ISSUANCE AND IT TOTALED A GOOD SIZED  4322 CONTRACTS:

    The NEW COMEX OI FOR THE GOLD COMPLEX RESTS AT 455,729

    IN ESSENCE WE HAVE A FAIR SIZED INCREASE IN TOTAL CONTRACTS ON THE TWO EXCHANGES OF 978 CONTRACTS  WITH 3344 CONTRACTS DECREASED AT THE COMEX AND 4372 EFP OI CONTRACTS WHICH NAVIGATED OVER TO LONDON. THUS  TOTAL OI GAIN ON THE TWO EXCHANGES OF 978 CONTRACTS OR 3.046 TONNES.

    CALCULATIONS ON GAIN/LOSS ON OUR TWO EXCHANGES

    WE HAD A GOOD SIZED ISSUANCE IN EXCHANGE FOR PHYSICALS (4322 CONTRACTS) ACCOMPANYING THE FAIR SIZED LOSS IN COMEX OI (3,344) TOTAL GAIN IN THE TWO EXCHANGES 978  CONTRACTS. WE HAVE ( 1) NOW RETURNED TO OUR NORMAL FORMAT OF BANKERS GOING SHORT AND SPECULATORS GOING LONG  ,2.) FAIR INITIAL STANDING AT THE GOLD COMEX FOR MAR. AT 4.9953 TONNES FOLLOWED BY TODAY’S 49,700 OZ QUEUE JUMP//NEW STANDING 13.698 TONNES   // ///3) ZERO LONG LIQUIDATION //4)  FAIR  SIZED COMEX OPEN INTEREST LOSS// 5) GOOD ISSUANCE OF EXCHANGE FOR PHYSICAL PAPER/

    Read More @ HarveyOrganBlog.com