GOLD AND SILVER WITHSTAND ANOTHER ATTACK AND CLOSE IN GREEN TERRITORY FOR GOLD

by Harvey Organ, Harvey Organ Blog:

FLAT FOR SILVER/TROUBLE IN SPAIN AS PUIGDEMONT CANCELS TRIP TO MADRID AND WILL CONVENE CATALAN PARLIAMENT/GERMANY SET TO CUT OFF FUNDING FOR TURKEY WHICH WILL BE VIEWED BY ERDOGAN AS A SLAP IN THE FACE/COURT DOCUMENTS STATE THAT HILLARY CLINTON AND THE DEMOCRATIC PARTY PAID FOR THE “TRUMP DOSSIER”/CHUCK GRASSLEY CALLS FOR SPECIAL PROSECUTORS TO DELVE INTO THE URANIUM ONE MESS

GOLD: $1277.80 UP $0.70

Silver: $16.95 FLAT  cents

Closing access prices:

Gold $1277.80

silver: $16.95

SHANGHAI GOLD FIX:  FIRST FIX  10 15 PM EST  (2:15 SHANGHAI LOCAL TIME)

SECOND FIX:  2:15 AM EST  (6:15 SHANGHAI LOCAL TIME)

SHANGHAI FIRST GOLD FIX: $1292.03 DOLLARS PER OZ

NY PRICE OF GOLD AT EXACT SAME TIME:  $1274.40

PREMIUM FIRST FIX:  $17.63(premiums getting larger)

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SECOND SHANGHAI GOLD FIX: $1289.01

NY GOLD PRICE AT THE EXACT SAME TIME: $1731.70

Premium of Shanghai 2nd fix/NY:$15.31 PREMIUMS GETTING LARGER)  

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LONDON FIRST GOLD FIX:  5:30 am est  $1273.00

NY PRICING AT THE EXACT SAME TIME: $1272.10

LONDON SECOND GOLD FIX  10 AM: $1275.00

NY PRICING AT THE EXACT SAME TIME. 1276.00 ??

For comex gold:

OCTOBER/

NOTICES FILINGS TODAY FOR OCT CONTRACT MONTH: 83 NOTICE(S) FOR  8300  OZ.

TOTAL NOTICES SO FAR: 3088  FOR 308,800 OZ  (9.605TONNES)

For silver:

OCTOBER

 

 64 NOTICES FILED TODAY FOR

 

320,000  OZ/

Total number of notices filed so far this month: 1029 for 5,145,000 oz

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Bitcoin:  $5564 bid /$5784 offer UP $68.00  (MORNING)

BITCOIN CLOSING;$5562 BID:5582. OFFER  up $65.00

end

Let us have a look at the data for today

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In silver, the total open interest SURPRISINGLY ROSE BY  1775 contracts from  192 ,124 UP TO 193,899 DESPITE  YESTERDAY’S DOWNDRAFT IN TRADING (DOWN  10 CENTS).  THE CROOKS ARE STILL HAVING AN AWFUL TIME TRYING TO COVER THEIR MASSIVE SILVER SHORTS SO THEY ONCE AGAIN ORGANIZE ANOTHER ATTEMPTED RAID ON OUR PRECIOUS METALS THIS MORNING TO WHICH THEY HAD ANOTHER FAILURE. 

RESULT: A GOOD SIZED RISE IN OI COMEX  DESPITE THE  10 CENT PRICE FALL.  OUR BANKERS COULD NOT COVER ANY OF THEIR HUGE SHORTFALL SO ANOTHER RAID WAS CALLED UPON EARLY THIS MORNING..AND THAT ENDED IN FAILURE

 In ounces, the OI is still represented by just UNDER 1 BILLION oz i.e.  0.970 BILLION TO BE EXACT or 139% of annual global silver production (ex Russia & ex China).

FOR THE NEW FRONT OCT MONTH/ THEY FILED: 64 NOTICE(S) FOR 320,000  OZ OF SILVER.

In gold, the open interest  FELL BY ONLY 716 CONTRACTS WITH THE  FALL IN PRICE OF GOLD ($2.15) .  The new OI for the gold complex rests at 526,674. OUR BANKER FRIENDS COULD NOT COVER MUCH OF THEIR SHORTFALL DESPITE THE CONSTANT WHACKING AND THE RESULTANT FALL IN PRICE.  THIS IS OPTIONS EXPIRY WEEK SO IT IS FITTING THAT THE BANKERS CALLED FOR ANOTHER RAID TRYING TO SHAKE MORE GOLD/SILVER LEAVES TO FALL THIS MORNING AND THAT ENDED IN FAILURE.

 

Result: A SMALL SIZED  DECREASE IN OI WITH FALL IN PRICE IN GOLD ($2.15). WE HAD MINIMAL BANKER GOLD SHORT COVERING AS THE BANKERS FAILED MISERABLY TO LOOSEN ANY GOLD LEAVES FROM THE GOLD TREE YESTERDAY..SO THEY ORGANIZED ANOTHER RAID THIS MORNING AND THAT AGAIN ENDED IN FAILURE AS WELL.

we had: 83 notice(s) filed upon for 8300  oz of gold.

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With respect to our two criminal funds, the GLD and the SLV:

GLD:   

Tonight , NO CHANGES  in gold inventory at the GLD/

Inventory rests tonight: 853.13 tonnes.

SLV

Today: NO CHANGE IN SILVER INVENTORY AT THE SLV

INVENTORY RESTS AT 320.288 MILLION OZ

 

end

.

First, here is an outline of what will be discussed tonight:

1. Today, we had the open interest in silver SURPRISINGLY ROSE   BY  1775 contracts from 192,124  UP TO 193,899(AND now A LITTLE FURTHER FROM THE NEW COMEX RECORD SET ON FRIDAY/APRIL 21/2017 AT 234,787) .  OUR BANKERS WERE AGAIN UNSUCCESSFUL IN THEIR ATTEMPT TO COVER ANY OF THEIR SILVER SHORTS.

RESULT:  A GOOD SIZED INCREASE IN SILVER OI  AT THE COMEX DESPITE THE  FALL IN PRICE OF 10 CENTS (WITH RESPECT TO YESTERDAY’S TRADING). OUR BANKER FRIENDS WERE UNSUCCESSFUL IN THEIR ATTEMPT TO COVER ANY OF OUR SILVER SHORTS SO ANOTHER RAID WAS ORCHESTRATED THIS MORNING AND THAT ENDED IN FAILURE AS WELL.

(report Harvey)

.

2.a) The Shanghai and London gold fix report

(Harvey)

 

2 b) Gold/silver trading overnight Europe, Goldcore

(Mark O’Byrne/zerohedge

and in NY:  Bloomberg

3. ASIAN AFFAIRS

)Late TUESDAY night/WEDNESDAY morning: Shanghai closed UP 8.65 points or .24% /Hang Sang CLOSED UP 147.92 pts or 0.53% / The Nikkei closed DOWN 97.55 POINTS OR .45/Australia’s all ordinaires CLOSED UP 0.17%/Chinese yuan (ONSHORE) closed DOWN  at 6.645/Oil UP to 52.39 dollars per barrel for WTI and 58.41 for Brent. Stocks in Europe OPENED IN THE GREEN EXCEPT LONDON  .  ONSHORE YUAN CLOSED DOWN AGAINST THE DOLLAR AT 6.645. OFFSHORE YUAN CLOSED WEAKER TO THE ONSHORE YUAN AT 6.647 AND //ONSHORE YUAN  WEAKER AGAINST THE DOLLAR/OFF SHORE WEAKER TO THE DOLLAR/. THE DOLLAR (INDEX) IS STRONGER AGAINST ALL MAJOR CURRENCIES. CHINA IS NOT HAPPY TODAY.

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