by Harvey Organ, Harvey Organ Blog:
GOLD CLOSED UP $3.95 TO $1982.15//SILVER CLOSED DOWN $.08 TO $22.67/PLATINUM CLOSED UP $5.20 TO $920.15 WHILE PALLADIUM CLOSED UP $1.60 TO $965.95/TODAY’S FED MEETING RESULTS IN NO INCREASE IN INTEREST RATES BUT POWELL PIVOTS AS TO FUTURE RATE CUTS AND THAT SENDS GOLD/SILVER MUCH HIGHER IN THE ACCESS MARKET//NETHERLANDS ISSUES A WARNING ON AN IMMINENT THREAT TO AN ISLAMIST ATTACK//ISRAEL VS HAMAS//8 ISRAELIS DIE FROM A HAMAS AMBUSH IN NORTHERN GAZA//SHELLING BY ISRAEL INTO LEBANON INTENSIFIES//POLL FROM WEST BANK SHOWS HAMAS HAS SUPPORT OF 88% OF THE PEOPLE AS THEY WANT ABBAS TO VACATE: THUS THE REASON WHY ISRAEL DOES NOT WANT THE P.A. TO LEAD GAZA//HAMAS LEADERS FLEE LEBANON AND QATAR WITH CELL PHONES OFF: THUS ALL COMMUNICATIONS WITH THEM ARE SHUT OFF/UKRAINE VS RUSSIA UPDATES//ARGENTINA DEVALUES ITS PESO BY 57%//USA DATA: PPI PLUMMETS TO ONLY .9% M/M/
TRUTH LIVES on at https://sgtreport.tv/
Powell pivots on future interest cuts sends gold/silver screaming higher in the access market!
GOLD PRICE CLOSED: UP $3.95 TO $1982.15
SILVER PRICE CLOSED: DOWN 8 CENTS AT $22.67
Access prices: closes 4: 15 PM
Gold ACCESS CLOSED 2024.00
Silver ACCESS CLOSED: 23.79
DEC 12
Shanghai Gold Benchmark Price
USD oz gram kilo tola
AM2023.90
PM2031.37
SHANGHAI GOLD PREMIUM OVER NY: 52 DOLLARS
Bitcoin morning price:, 41,192 UP 92 DOLLARS
Bitcoin: afternoon price: $42,805 UP 1705 dollars
Platinum price closing $920.15 UP $5.20
Palladium price; $965.95 UP $1.60
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: $2,733.14 UP $43.20 CDN dollars per oz( * NEW ALL TIME HIGH 2,795.90 CDN DOLLARS PER OZ//DEC 1 272023)
*BRITISH GOLD: 1603,24 UP 26.97 pounds per oz// *(NEW ALL TIME HIGH//CLOSING///1655.17 BRITISH POUNDS/OZ) OCT 2/2023
*EURO GOLD: 1860,24 UP 27.86 euros per oz //* (ALL TIME CLOSING HIGH: 1903.75 EUROS PER OZ//DEC 1.2023)
DONATE
Click here if you wish to send a donation. I sincerely appreciate it as this site takes a lot of preparation
EXCHANGE: COMEX
EXCHANGE: COMEX
CONTRACT: DECEMBER 2023 COMEX 100 GOLD FUTURES
SETTLEMENT: 1,977.800000000 USD
INTENT DATE: 12/12/2023 DELIVERY DATE: 12/14/2023
FIRM ORG FIRM NAME ISSUED STOPPED
657 C MORGAN STANLEY 1
657 H MORGAN STANLEY 5
661 C JP MORGAN 11
690 C ABN AMRO 5 2
732 C RBC CAP MARKETS 1
737 C ADVANTAGE 7 2
TOTAL: 17 17
MONTH TO DATE: 12,636
JPMorgan stopped 11/17 contracts.
FOR DEC.:
GOLD: NUMBER OF NOTICES FILED FOR DEC/2023. CONTRACT: 17 NOTICES FOR 1700 OZ or 0.05287 TONNES
total notices so far: 12,636 contracts for 1,263,600 oz (39.303 tonnes)
FOR DEC:
SILVER NOTICES 119 NOTICE(S) FILED FOR 595,000 OZ/
total number of notices filed so far this month : 2787 for 13,935,000 oz
XXXXXXXXXXXXXXXXXX
Click here if you wish to send a donation. I sincerely appreciate it as this site takes a lot of preparation
END
BOTH GLD AND SLV ARE FRAUDULENT VEHICLES
GLD
WITH GOLD UP $3.95//
INVESTORS SWITCHING TO SPROTT PHYSICAL (PHYS) INSTEAD OF THE FRAUDULENT GLD/ : / HUGE CHANGES IN GOLD INVENTORY AT THE GLD: A WITHDRAWAL OF 2.89 TONNES OF GOLD FROM THE GLD/
INVENTORY RESTS AT 875,54 TONNES
SLV//
WITH NO SILVER AROUND AND SILVER DOWN 8 CENTS AT THE SLV// HUGE CHANGES IN SILVER INVENTORY AT THE SLV: A MASSIVE DEPOSIT OF 10.326 MILLION OZ FROM THE SLV/
INVESTORS ARE SWITCHING SLV TO SPROTT’S PSLV.
CLOSING INVENTORY: 444.470 MILLION OZ
Let us have a look at the data for today
SILVER//OUTLINE
SILVER COMEX OI ROSE BY A SMALL SIZED 42 CONTRACTS TO 134,281 AND FURTHER FROM THE RECORD HIGH OI OF 244,710, SET FEB 25/2020 AND THIS SMALL SIZED GAIN IN COMEX OI WAS ACCOMPLISHED WITH OUR TINY $0.05 LOSS IN SILVER PRICING AT THE COMEX ON TUESDAY. WE HAD A LITTLE LONG LIQUIDATION WITH CONSIDERABLE T.A.S. LIQUIDATION (WITH SOME SHORT COVERING) AT THE COMEX SESSION. WE HAD A GIGANTIC 922 T.A.S ISSUANCE AND THESE WILL BE USED FOR MANIPULATION LATER THIS MONTH/AS WELL AS TODAY.
CRAIG HEMKE HAS POINTED OUT THAT THE CROOKS USE THE MID MONTH FOR MANIPULATION AS THEY SELL THEIR BUY SIDE OF THE CALENDAR SPREAD FIRST AND THEN KEEP THE SELL SIDE TO LIQUIDATE AT A LATER DATE. THUS WE HAVE TWO VEHICLES THE CROOKS USE FOR MANIPULATION AND BOTH ARE SPREADERS: 1) AT MONTH’S END/SPREADERS COMEX AND 2/ TAS SPREADERS, MID MONTH. TOTAL TAS ISSUED ON TUESDAY NIGHT: 922 CONTRACTS. DESPITE MANY COMPLAINTS THAT THE CROOKS HAVE VIOLATED POSITION LIMITS DUE TO THE FACT THAT THE TAS ISSUED HAVE A VALUE OF ZERO (AS TO POSITION LIMITS FOR OUR CROOKED BANKERS). THE PROBLEM OF COURSE IS THAT THE CROOKS DO NOT LIQUIDATE THE TAS TOGETHER BUT SELL THE BUY SIDE FIRST AND THEN LIQUIDATE THE SELL SIDE TWO MONTHS HENCE. IT IS OBVIOUS MANIPULATION TO THE HIGHEST DEGREE BUT IT NATURALLY FELL ON DEAF EARS WITH OUR REGULATORS (OCC) WHEN THEY RECEIVED OUR COMPLAINTS. IT THUS LOOKS LIKE THE FED (GOV’T) IS BEHIND ALL OF THESE TRADES.
WE HAVE NOW SET ANOTHER RECORD LOW AT 114,102 CONTRACTS ///JULY 3.2023// OUR BANKERS WITH THE HELP OF SPECULATORS AND HIGH FREQUENCY TRADERS WERE SUCCESSFUL IN KNOCKING THE PRICE OF SILVER DOWN (IT FELL BY $0.05), BUT WERE UNSUCCESSFUL IN KNOCKING ANY SILVER LONGS AS WE HAD A SMALL SIZED GAIN OF 276 OI CONTRACTS ON OUR TWO EXCHANGES.
WE MUST HAVE HAD:
A SMALL SIZED 130 ISSUANCE OF EXCHANGE FOR PHYSICALS) iiii) AN INITIAL SILVER STANDING FOR COMEX SILVER MEASURING AT 18.755 MILLION OZ (FIRST DAY NOTICE) FOLLOWED BY TODAY’S 5000 OZ QUEUE JUMP + 0 CONTRACTS OF EX. FOR RISK FOR 0 MILLION OZ EX. FOR RISK //NEW TOTAL STANDING 18.155 MILLION OZ.+ 4.5 MILLION EX. FOR RISK/PRIOR= NEW TOTAL OF 22.655 MILLION OZ
//NEW STANDING FOR SILVER IS THUS 22.655 MILLION OZ
//SMALL SIZED COMEX OI GAIN/ SMALL SIZED EFP ISSUANCE/VI) HUGE SIZED NUMBER OF T.A.S. CONTRACT ISSUANCE 922 CONTRACTS)/
0 SIZED EX.FOR RISK =0 MILLION OZ//NEW TOTAL FOR EX. FOR RISK + 4.5 MILLION OZ.
I AM NOW RECORDING THE DIFFERENTIAL IN OI FROM PRELIMINARY TO FINAL – REMOVED 104 CONTRACTS (the cme will no longer provide preliminary no to be except through a paywall)
HISTORICAL ACCUMULATION OF EXCHANGE FOR PHYSICALS DEC. ACCUMULATION FOR EFP’S SILVER/JPMORGAN’S HOUSE OF BRIBES/STARTING FROM FIRST DAY/MONTH OF DEC:
TOTAL CONTRACTS for 9 days, total 6496 contracts: OR 32.486 MILLION OZ (795 CONTRACTS PER DAY)
TOTAL EFP’S FOR THE MONTH SO FAR: 32.486 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
YEAR 2022:
JAN 2022-DEC 2022
JAN 2022// 90.460 MILLION OZ
FEB 2022: 72.39 MILLION OZ//
MARCH 2022: 207.140 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
TOTALS YR 2022: 1135.767 MILLION OZ (1.1356 BILLION OZ)
JAN 2023/// 53.070 MILLION OZ //FINAL
FEB: 2023: 100.105 MILLION OZ/FINAL//MUCH STRONGER ISSUANCE VS THE LATTER TWO MONTHS.
MARCH 2023: 112.58 MILLION OZ//FINAL//STRONG ISSUANCE
APRIL 118.035 MILLION OZ(SLIGHTLY GREATER THAN THAN LAST MONTH)
MAY 66.120 MILLION OZ/INITIAL (MUCH SMALLER THIS MONTH)
JUNE: 110.395 MILLION OZ//MUCH LARGER THAN LAST MONTH
JULY 85.745 MILLION OZ (SMALLER THAN LAST MONTH)
AUGUST: 171.43 MILLION OZ (THIS MONTH IS GOING TO BE HUGE //2ND HIGHEST ON RECORD
SEPT: 72.705 MILLION OZ (SMALLER THIS MONTH)
OCT: 97.455 MILLION OZ
NOV. 50.050 MILLION OZ
DEC. 32.486 MILLION OZ//THIS IS GOING TO BE A STRONG ISSUANCE OF EFP’S FOR THIS MONTH.
RESULT: WE HAD A SMALL SIZED INCREASE IN COMEX OI SILVER COMEX CONTRACTS OF 42 CONTRACTS WITH OUR LOSS IN PRICE OF $0.05 IN SILVER PRICING AT THE COMEX//TUESDAY.,. THE CME NOTIFIED US THAT WE HAD A SMALL EFP ISSUANCE CONTRACTS: 130 ISSUED FOR FEB 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 DEC. OF 18.755 MILLION OZ FOLLOWED BY TODAY’S 5,000 OZ QUEUE JUMP /NEW TOTAL STANDING 18.150 MILLION OZ//+ 0 MILLION EX. FOR RISK + 4.5 MILLION OZ EXCHANGE FOR RISK/PRIOR//NEW TOTAL 22.655 MILLION OZ.
NEW STANDING 22.655 million OZ /// WE HAVE A SMALL SIZED GAIN OF 172 OI CONTRACTS ON THE TWO EXCHANGES WITH THE TINY LOSS IN PRICE. THE TOTAL OF TAS INITIATED CONTRACTS TODAY: A HUGE SIZED 922 CONTRACTS//CONSIDERABLE FRONT END OF THE TAS CONTRACTS WERE LIQUIDATED DURING THE TUESDAY COMEX SESSION. THE NEW TAS ISSUANCE TUESDAY NIGHT (922) WILL BE PUT INTO “THE BANK” TO BE COLLUSIVELY USED AT A LATER DATE., .
Read More @ HarveyOrganBlog.com
