THE 18TH LARGEST BANK IN THE USA SILICON VALLEY BANK FAILED AND NOW IN RECEIVORSHIP

by Harvey Organ, Harvey Organ Blog:

THE 18TH LARGEST BANK IN THE USA SILICON VALLEY BANK FAILED AND NOW IN RECEIVORSHIP: SLB WAS A BANK TO ALL THE MAJOR VENTURE CAPITALISTS WHO ARE NOW SCRAMBLING TONIGHT; SLB WAS AN INHOUSE PROVIDER OF MAJOR FINANCIAL SERVICES, MORTGAGES ETC. TO OUR VENTURE CAPITALISTS// AND THIS CAUSED GOLD TO SKYROCKET UP $31.60 TO $1862.30//SILVER WAS MUCH MORE SUBDUED UP ONLY 36 CENTS TO $20.47//PLATINUM WAS UP $19.55 TO $960.50 BUT PALLADIUM SUFFERED AGAIN DOWN $30.90 TO $1373.05//USA JOBS REPORT WAS STELLAR BUT NOBODY PAID ATTENTION//COVID UPDATES: DR PAUL ALEXANDER/DR PANDA/VACCINE IMPACT/SLAY NEWS//UKRAINE VS RUSSA UPDATES//ESSENTIAL READING TONIGHT: ALASDAIR MACLEOD , JAMES RICKARDS & PAM AND RUSS MARTENS

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

GOLD PRICE CLOSED: UP $31.60 at $1862.30

SILVER PRICE CLOSED: UP $0.36  to $20.47

Access prices: closes : 4: 15 PM

Gold ACCESS CLOSE 1868.65

Silver ACCESS CLOSE: 20.51

Bitcoin morning price:, 20143 DOWN 291 Dollars

Bitcoin: afternoon price: $20,043 DOWN 391  dollars

Platinum price closing  $960.30 UP $19.55

Palladium price; closing $1373.05 DOWN $30.90

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: $2,584.10 UP $50.96 CDN dollars per oz

BRITISH GOLD: 1553,54 UP 17,49 pounds per oz

EURO GOLD: 1756.06 UP 25,93 euros per oz

COMEX DATA

EXCHANGE: COMEX

COMEX//NOTICES FILED

EXCHANGE: COMEX
CONTRACT: MARCH 2023 COMEX 100 GOLD FUTURES
SETTLEMENT: 1,829.300000000 USD
INTENT DATE: 03/09/2023 DELIVERY DATE: 03/13/2023
FIRM ORG FIRM NAME ISSUED STOPPED

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132 C SG AMERICAS 219
323 C HSBC 66
363 H WELLS FARGO SEC 6
435 H SCOTIA CAPITAL 100
624 H BOFA SECURITIES 222
657 C MORGAN STANLEY 2
661 C JP MORGAN 2
690 C ABN AMRO 21
737 C ADVANTAGE 6 6

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TOTAL: 325 325

JPMORGAN stopped 2/325 contracts

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GOLD: NUMBER OF NOTICES FILED FOR MAR/2023. CONTRACT:  325 NOTICES FOR 32500  OZ  or  1.0108 TONNES

total notices so far: 3012 contracts for 301200 oz (9.3685 tonnes)

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

total number of notices filed so far this month :  2947 for 14,735,000 oz

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END

GLD

WITH GOLD  UP $21.60

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

/HUGE CHANGES IN GOLD INVENTORY AT THE GLD: A WITHDRAWAL OF 3.47 TONNES FROM THE GLD//////(VERY STRANGE)

INVENTORY RESTS AT 903.15TONNES

Silver//SLV

WITH NO SILVER AROUND AND SILVER UP 36 CENTS

AT THE SLV// NO CHANGES IN SILVER INVENTORY AT THE SLV: INVESTORS ARE SWITCHING SLV TO SPROTT’S PSLV

CLOSING INVENTORY: 478.879. MILLION OZ

Let us have a look at the data for today

SILVER//OUTLINE

SILVER COMEX OI FELL BY A SMALL  SIZED 56 CONTRACTS TO 128,467 AND FURTHER FROM THE  RECORD HIGH OI OF 244,710, SET FEB 25/2020 AND THE TINY SIZED LOSS IN COMEX OI WAS ACCOMPLISHED DESPITE OUR TINY  $0.02 GAIN IN SILVER PRICING AT THE COMEX ON THURSDAY. OUR NEW LOW COMEX OI SILVER WAS SET AT 121,299 MARCH 3/2023. OUR BANKERS WERE UNSUCCESSFUL IN KNOCKING THE PRICE OF SILVER DOWN (IT ROSE BY $0.02). AND WERE  UNSUCCESSFUL IN KNOCKING ANY SPEC LONGS, AS WE HAD A STRONG GAIN ON OUR TWO EXCHANGES 646 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( 702 CONTRACTS) iiii) AN  INITIAL SILVER STANDING FOR COMEX SILVER MEASURING AT  15.58 MILLION OZ(FIRST DAY NOTICE) FOLLOWED BY TODAY’S QUEUE JUMP OF 15,000 OZ//NEW STANDING: 15.120 MILLION OZ + THE 1.0 MILLION OZ OF EXCHANGE FOR RISK//THUS TOTAL NEW STANDING 16.120 MILLION OZ/ ////  V)  TINY SIZED COMEX OI LOSS/ STRONG SIZED EFP ISSUANCE/

 I AM NOW RECORDING THE DIFFERENTIAL IN OI FROM PRELIMINARY TO FINAL  –54 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 8 days, total 4137 contracts:   OR 20.685  MILLION OZ . (517 CONTRACTS PER DAY)

TOTAL EFP’S FOR THE MONTH SO FAR: 20.685 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

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:  20.685 MILLION OZ//INITIAL

RESULT: WE HAD A SMALL SIZED DECREASE IN COMEX OI SILVER COMEX CONTRACTS OF 56 WITH  OUR  $0.02 GAIN IN SILVER PRICING AT THE COMEX//THURSDAY.,.  THE CME NOTIFIED US THAT WE HAD A STRONG  SIZED EFP ISSUANCE  CONTRACTS: 702 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 15,000 OZ 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 16.120 MILLION OZ  .. WE HAVE A STRONG SIZED GAIN OF 646 OI CONTRACTS ON THE TWO EXCHANGES

 WE HAD 4  NOTICE(S) FILED TODAY FOR   20,000   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 GOOD  SIZED  5164 CONTRACTS  TO 454,259 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 1302 CONTRACTS. 

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 WE HAD A GOOD SIZED DECREASE  IN COMEX OI ( 5,164 CONTRACTS) DESPITE OUR  $16.50 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 32,500 OZ (1.010 TONNES) //(QUEUE JUMPING = EXERCISING LONDON BASED EFP’S ) (EFP is the transfer of  contracts immediately to London for potential gold deliveries originating from London).

YET ALL OF..THIS HAPPENED WITH OUR  $16.50 GAIN IN PRICE  WITH RESPECT TO THURSDAY’S TRADING

WE HAD A FAIR SIZED GAIN OF 2183 OI CONTRACTS (6.790 PAPER TONNES) ON OUR TWO EXCHANGES 

E.F.P. ISSUANCE

THE CME RELEASED THE DATA FOR EFP ISSUANCE AND IT TOTALED A FAIR SIZED  2981 CONTRACTS:

The NEW COMEX OI FOR THE GOLD COMPLEX RESTS AT 454,259

IN ESSENCE WE HAVE A FAIR DECREASE IN TOTAL CONTRACTS ON THE TWO EXCHANGES OF 2183 CONTRACTS  WITH 5164 CONTRACTS DECREASED AT THE COMEX AND 2981 EFP OI CONTRACTS WHICH NAVIGATED OVER TO LONDON. THUS  TOTAL OI LOSS ON THE TWO EXCHANGES OF 2183 CONTRACTS OR 6.790 TONNES.

CALCULATIONS ON GAIN/LOSS ON OUR TWO EXCHANGES

WE HAD A FAIR SIZED ISSUANCE IN EXCHANGE FOR PHYSICALS (2981 CONTRACTS) ACCOMPANYING THE GOOD SIZED LOSS IN COMEX OI (5164) TOTAL LOSS IN THE TWO EXCHANGES 2183  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 32,150 OZ QUEUE JUMP//NEW STANDING 9.5707 TONNES   // ///3) ZERO LONG LIQUIDATION //4)  GOOD  SIZED COMEX OPEN INTEREST LOSS// 5) FAIR ISSUANCE OF EXCHANGE FOR PHYSICAL PAPER/

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