POOR JOBS REPORT BUT THAT DID NOT MATTER AS THE CROOKS RAIDED GOLD AND SILVER

by Harvey Organ, Harvey Organ Blog:

COMEX SILVER OI CONTINUES TO RISE WITH ITS LATEST READING OVER 206,000 CONTRACTS/AFTER THE USA FINISHED OFF ISIS IN IRAQ THEY LAUNCHED AN INITIAL ATTACK AT ISIS POSITIONS IN SOMALIA/VENEZUELA ANNOUNCES THEY WILL DEFAULT/DONNA BRAZILLE: THE DNC RIGGED THE NOMINATION ELECTION/OBAMA LIED IN THAT URANIUM IN THAT URANIUM 1 DEAL DID EXPORT THE METAL OUT OF THE USA

GOLD: $1268.90  DOWN $8.65

Silver: $16.85 down 27  cents

Closing access prices:

Gold $1270.00

silver: $16.86

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: $1300.00 DOLLARS PER OZ

NY PRICE OF GOLD AT EXACT SAME TIME:  $1280.05

PREMIUM FIRST FIX:  $19.90(premiums getting larger)

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SECOND SHANGHAI GOLD FIX: $1292.04

NY GOLD PRICE AT THE EXACT SAME TIME: $1277.00

Premium of Shanghai 2nd fix/NY:$15.04 PREMIUMS GETTING LARGER)

CHINA REJECTS NEW YORK PRICING OF GOLD!!!!  

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LONDON FIRST GOLD FIX:  5:30 am est  $1275.30

NY PRICING AT THE EXACT SAME TIME: $1275.25

LONDON SECOND GOLD FIX  10 AM: $1267.20

NY PRICING AT THE EXACT SAME TIME. 1277.20 ??

For comex gold:

NOVEMBER/

NOTICES FILINGS TODAY FOR OCT CONTRACT MONTH: 63 NOTICE(S) FOR  6300  OZ.

TOTAL NOTICES SO FAR: 829  FOR 82900 OZ  (2.578TONNES)

For silver:

NOVEMBER

 

 18 NOTICE(S) FILED TODAY FOR

 

90,000  OZ/

Total number of notices filed so far this month: 846 for 4,230,000 oz

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Bitcoin:  $7399 bid /$7424 offer up $392.00  (MORNING)

BITCOIN CLOSING;$7284 BID:7304. OFFER  UP $276.00

end

Let us have a look at the data for today

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In silver, the total open interest SURPRISINGLY  ROSE BY A GOOD SIZED 2165 contracts from 203 ,903 UP TO 206,068 DESPITE  YESTERDAY’S  TRADING IN WHICH SILVER FELL BY  6 CENTS.  THE CROOKS ARE STILL HAVING AN AWFUL TIME TRYING TO COVER THEIR MASSIVE SILVER SHORTS SO THEY TRY TO CONTINUE WITH THEIR TORMENT LIKE THE RAID TODAY. NEWBIE SPEC LONGS ENTERED THE ARENA TO WHICH THE CROOKS SUPPLIED THE NECESSARY SHORT PAPER

RESULT: A GOOD SIZED RISE IN OI COMEX  DESPITE THE  6 CENT PRICE LOSS.  OUR BANKERS COULD NOT COVER ANY OF THEIR HUGE SHORTFALL. THEY NEEDED TO SUPPLY THE NECESSARY SHORT PAPER AS NEWBIE LONGS ENTERED THE ARENA. THE HUGE OI GAIN IN SILVER NO DOUBT NECESSITATED THE CROOKS TO RAID TODAY.  THEY GENERALLY RAID ON FRIDAY’S DUE TO THE FACT THAT THE PHYSICAL MARKETS ARE ALREADY CLOSED.

 In ounces, the OI is still represented by just OVER 1 BILLION oz i.e.  1.030 BILLION TO BE EXACT or 147% of annual global silver production (ex Russia & ex China).

FOR THE NEW FRONT OCT MONTH/ THEY FILED: 18 NOTICE(S) FOR 90,000  OZ OF SILVER

In gold, the open interest  ROSE BY A TINY 2340 CONTRACTS WITH THE TINY SIZED RISE IN PRICE OF GOLD ($1.55) .  The new OI for the gold complex rests at 533,471. NEWBIE LONGS ENTERED THE ARENA TO WHICH THE BANKERS WERE EVER SO WILLING TO SUPPLY.

NO EFP’S WERE ISSUED FOR THE NOVEMBER CONTRACT MONTH.

Result: A SMALL SIZED  INCREASE IN OI WITH THE RISE IN PRICE IN GOLD ($1.55). WE HAVE NO BANK SHORT COVERING HOWEVER WE DID HAVE A SMALL AMOUNT OF NEWBIE LONGS ENTERING THE ARENA TO WHICH OUR BANKERS WERE WILLING TO SUPPLY.

we had: 63 notice(s) filed upon for 6300  oz of gold.

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

GLD:

No change in gold inventory at the GLD/

Inventory rests tonight: 846.04 tonnes.

SLV

TODAY WE HAD NO CHANGE IN SILVER INVENTORY AT THE SLV

INVENTORY RESTS AT 319.018 MILLION OZ

 

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.

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

1. Today, we had the open interest in silver ROSE  BY A CONSIDERABLE 2340 contracts from 203,903  UP TO 206,068 (AND now A LITTLE CLOSER TO THE NEW COMEX RECORD SET ON FRIDAY/APRIL 21/2017 AT 234,787) DESPITE THE FALL IN SILVER PRICE (FALL OF 6 CENTS).   OUR BANKERS WERE AGAIN UNSUCCESSFUL IN THEIR ATTEMPT TO COVER ANY OF THEIR SILVER SHORTS. NEWBIE LONGS IN SILVER ENTERED THE ARENA TO WHICH THE BANKERS WERE OBLIGED TO SUPPLY THE NECESSARY SHORT PAPER

RESULT:  A GOOD SIZED INCREASE IN SILVER OI AT THE COMEX DESPITE THE 6 CENT FALL IN PRICE  (WITH RESPECT TO YESTERDAY’S TRADING). OUR BANKER FRIENDS WERE UNSUCCESSFUL IN THEIR ATTEMPT TO COVER ANY OF OUR SILVER SHORTS . .NO EFP’S WERE ISSUED FOR THE UPCOMING NOVEMBER CONTRACT.  HOWEVER THE BANKERS DID SUPPLY NEWBIE LONGS AS THE BANKERS CONTINUED TO GO NET SHORT AS THEY FELT THEY HAD TO OBLIGE SUPPLYING THE PAPER. NO WONDER THE RAID TODAY AS THE OI IN SILVER WAS GETTING TOO FROTHY FOR OUR CROOKS.

(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

i)Late THURSDAY night/FRIDAY morning: Shanghai closed DOWN 11.56 points or .34% /Hang Sang CLOSED UP 84.97 pts or 0.30% / The Nikkei closed HOLIDAY/Australia’s all ordinaires CLOSED UP 0.49%/Chinese yuan (ONSHORE) closed DOWN  at 6.6275/Oil UP to 54.71 dollars per barrel for WTI and 60.97 for Brent. Stocks in Europe OPENED MIXED TILTING TO RED  .  ONSHORE YUAN CLOSED DOWN AGAINST THE DOLLAR AT 6.6275. OFFSHORE YUAN CLOSED STRONGER TO THE ONSHORE YUAN AT 6.6239  //ONSHORE YUAN  WEAKER AGAINST THE DOLLAR/OFF SHORE WEAKER TO THE DOLLAR/. THE DOLLAR (INDEX) IS STRONGER AGAINST ALL MAJOR CURRENCIES. CHINA IS NOT VERY HAPPY TODAY.

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