GOLD CONTINUES WITH ITS ASSAULT ON $2,000 COMING REALLY CLOSE

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    by Harvey Organ, Harvey Organ Blog:

    GOLD CONTINUES WITH ITS ASSAULT ON $2,000 COMING REALLY CLOSE: GOLD CLOSES UP $47,60 TO $1996,40//SILVER ALSO ADVANCES SMARTLY UP 62 CENTS TO $23.11//PLATINUM IS UP $3,30 TO $985.90//PALLADIUM DOWN $25,20 TO $1437.10//COVID UPDATES/DR PAUL ALEXANDER//SLAY NEWS//CREDIT SUISSE AND OTHER BANKING ISSUES

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

    GOLD PRICE CLOSED: UP $47.70 at $1996,40

    SILVER PRICE CLOSED: UP $0.62  to $23.11

    Access prices: closes : 4: 15 PM

    Gold ACCESS CLOSE 1993.70

    Silver ACCESS CLOSE: 23.11

    Bitcoin morning price:, $28,156 UP 9 Dollars

    Bitcoin: afternoon price: $28,185 UP 38  dollars

     

    Platinum price closing  $982,60 UP $8.55

    Palladium price; closing $1462.30 UP $70.50

    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: $2,732 50 UP 30 CDN dollars per oz (ALL TIME HIGH 2732.50

    BRITISH GOLD: 1622,30 UP 18 pounds per oz//(ALL TIME HIGH//1629.84)

    EURO GOLD: 1839,95 UP 27,83euros per oz //(ALL TIME HIGH//1860.82)

    COMEX DATA  EXCHANGE: COMEXEXCHANGE: COMEX

    CONTRACT: MARCH 2023 COMEX 100 GOLD FUTURES
    SETTLEMENT: 1,946.800000000 USD
    INTENT DATE: 03/22/2023 DELIVERY DATE: 03/24/2023
    FIRM ORG FIRM NAME ISSUED STOPPED


    435 H SCOTIA CAPITAL 23
    624 H BOFA SECURITIES 12
    737 C ADVANTAGE 1 4
    905 C ADM 38


    TOTAL: 39 39
    MONTH TO DATE: 5,192

    JPMORGAN stopped 7/180 contracts

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    GOLD: NUMBER OF NOTICES FILED FOR MAR/2023. CONTRACT:  39 NOTICES FOR 3900  OZ  or  0.1213 TONNES

    total notices so far: 5192 contracts for 519200 oz (16.149 tonnes)

    SILVER NOTICES: 3 NOTICE(S) FILED FOR 15,000 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 ROSE BY A FAIR  SIZED 496 CONTRACTS TO 119,578 AND CLOSER TO THE  RECORD HIGH OI OF 244,710, SET FEB 25/2020 AND THIS HUGE SIZED LOSS IN COMEX OI WAS ACCOMPLISHED WITH OUR  $0.34 GAIN IN SILVER PRICING AT THE COMEX ON TUESDAY.  WITH TODAY’S READING AT THE COMEX, WE HAVE NOW SET ANOTHER RECORD LOW AT 119,126 CONTRACTS , MARCH 22.2023. OUR BANKERS WERE UNSUCCESSFUL IN KNOCKING THE PRICE OF SILVER DOWN (IT ROSE BY $0.34). AND WERE  UNSUCCESSFUL IN KNOCKING ANY SPEC LONGS AS WE HAD A HUGE GAIN ON OUR TWO EXCHANGES 1017 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( 521 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 180,000 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  –44 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 17 days, total 13,274contracts:   OR 66 370 MILLION OZ . (7980CONTRACTS PER DAY)

    TOTAL EFP’S FOR THE MONTH SO FAR: 66 370MILLION 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:  66.370 MILLION OZ//INITIAL//STRONG ISSUANCE BUT BELOW LAST MONTH

    RESULT: WE HAD A STRONG SIZED INCREASE IN COMEX OI SILVER COMEX CONTRACTS OF 496 CONTRACTS WITH  OUR  $0.34 GAIN IN SILVER PRICING AT THE COMEX//TUESDAY.,.  THE CME NOTIFIED US THAT WE HAD A  STRONG  SIZED EFP ISSUANCE  CONTRACTS: 521 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 180,000 OZ EFP JUMP TO LONDON (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 HUGE SIZED GAIN OF 1017OI CONTRACTS ON THE TWO EXCHANGES

    WE HAD 3  NOTICE(S) FILED TODAY FOR   15,000   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 SMALL  SIZED 554 CONTRACTS  TO 470,428 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-3517 CONTRACTS. (huge)

    WE HAD A SMALL SIZED INCREASE  IN COMEX OI ( 10,262 CONTRACTS) WITH OUR  $10.10 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  QUEUE JUMP OF 4300 OZ (0.133TONNES) //(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   $10.10 GAIN IN PRICE  WITH RESPECT TO TUESDAY’S TRADING

    WE HAD A FAIR SIZED GAIN OF 2698 OI CONTRACTS (8,3119 PAPER TONNES) ON OUR TWO EXCHANGES 

    E.F.P. ISSUANCE

    THE CME RELEASED THE DATA FOR EFP ISSUANCE AND IT TOTALED A FAIR SIZED 2144 CONTRACTS:

    The NEW COMEX OI FOR THE GOLD COMPLEX RESTS AT 470,428

    IN ESSENCE WE HAVE A FAIR SIZED INCREASE IN TOTAL CONTRACTS ON THE TWO EXCHANGES OF 2698 CONTRACTS  WITH 6554 CONTRACTS INCREASED AT THE COMEX AND 2144 EFP OI CONTRACTS WHICH NAVIGATED OVER TO LONDON. THUS  TOTAL OI GAIN ON THE TWO EXCHANGES OF 2698 CONTRACTS OR 8 3919 TONNES.

    CALCULATIONS ON GAIN/LOSS ON OUR TWO EXCHANGES

    WE HAD A FAIR SIZED ISSUANCE IN EXCHANGE FOR PHYSICALS (2144 CONTRACTS) ACCOMPANYING THE SMALL SIZED GAIN IN COMEX OI (554) TOTAL GAIN IN THE TWO EXCHANGES 2698  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 4300 OZ QUEUE JUMP//NEW STANDING 16.4199 TONNES   // ///3) zero LONG LIQUIDATION //4)  SMALL  SIZED COMEX OPEN INTEREST GAIN/ 5) FAIR ISSUANCE OF EXCHANGE FOR PHYSICAL PAPER/

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