GOLD DOWN $13.65 TODAY YET GLD INVENTORY ADVANCES BY 8.57 TONNES/SILVER DOWN 9 CENTS TODAY YET NO CHANGE IN SILVER INVENTORY AT THE SLV

by Harvey Organ, Harvey Organ Blog:

AGAIN AT THE COMEX, THE AMOUNT OF SILVER INCREASES: THIS TIME BY 30,000 OZ/USA SLAPS A 220% TARIFF ON BOMBARDIER JET/CDN DOLLAR FALLS BY 1.11 CENTS/TAX REFORM INTRODUCED TO A MIXED RECEPTION

GOLD: $1284.45 DOWN $13.65

Silver: $16.79DOWN 9 CENT(S)

Closing access prices:

Gold $1282.85

silver: $16.78

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: $1304.39 DOLLARS PER OZ

NY PRICE OF GOLD AT EXACT SAME TIME:  $1295.15

PREMIUM FIRST FIX:  $9.24 (premiums getting larger)

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SECOND SHANGHAI GOLD FIX: $1300.85

NY GOLD PRICE AT THE EXACT SAME TIME: $1294.55

Premium of Shanghai 2nd fix/NY:$6.30  

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LONDON FIRST GOLD FIX:  5:30 am est  $1291.30

NY PRICING AT THE EXACT SAME TIME: $1289.60 ???

LONDON SECOND GOLD FIX  10 AM: $1282.55

NY PRICING AT THE EXACT SAME TIME. 1283.40???

For comex gold:

SEPTEMBER/

NOTICES FILINGS TODAY FOR SEPT CONTRACT MONTH: 0 NOTICE(S) FORnilOZ.

TOTAL NOTICES SO FAR: 93 FOR 9300 OZ  (0.2892 TONNES)

For silver:

SEPTEMBER

 

 78 NOTICES FILED TODAY FOR

 

390,000  OZ/

Total number of notices filed so far this month: 6,538 for 32,690,000 oz

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Today Gold falls by $13.65 and yesterday by $6.95 and yet GLD rises by 8.57 tonnes????.  Silver falls by 24 cents yesterday and today by 9 cents and yet it’s inventory remains constant???

 

these two vehicles are nothing but frauds.  For many months a huge amount of gold inventory left the GLD.  This was probably real physical inventory and that gold went to satisfy countries of eastern persuasion. Gold and silver are hugely backward in London and it is thus impossible for the crooks to add real physical inventory.  Thusonly paper obligations are added and when this blows up,(a physical default)  the bang will be huge and heard around the globe.

Let us have a look at the data for today

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In silver, the total open interest FELL BY ONLY 1026 contracts from  187,932  DOWN TO 186,906  WITH THE GOOD SIZED FALL IN PRICE THAT SILVER UNDERTOOK IN YESTERDAY’S TRADING (DOWN 24 CENTS ). AGAIN TODAY, IT SURE LOOKS LIKE WE GOT JUST A TINY AMOUNT OF  BANKER SILVER SHORTS WERE ABLE TO COVER. THIS WEEK IS OPTIONS EXPIRY ON THE LONDON/OTC MARKET AND ALWAYS THEY RAID LIKE CLOCKWORK.

RESULT: A SMALL FALL IN OI COMEX  WITH THE HUGE 24 CENT PRICE FALL. IT LOOKS LIKE WE HAD A TINY AMOUNT OF BANKER SHORTS COVERING.  THE BANKERS AGAIN ORCHESTRATE ANOTHER RAID TODAY. 

 In ounces, the OI is still represented by just UNDER 1 BILLION oz i.e.  0.935 BILLION TO BE EXACT or 134% of annual global silver production (ex Russia & ex China).

FOR THE NEW FRONT MAY MONTH/ THEY FILED: 78 NOTICE(S) FOR 390,000OZ OF SILVER

In gold, the open interest FELL BY A LARGE 8713 CONTRACTS WITH THE FALLin price of gold ($6.95 DROP) WITH YESTERDAY’S COMEX TRADING.  The new OI for the gold complex rests at 549,637.  WE ARE NOW IN THE MIDDLE OFOPTIONS EXPIRY WEEKSO IT IS NOT A SURPRISE THAT THE CROOKS CONTINUED WITH THEIR RAIDING. THERE IS NO DOUBT THAT THE RAID TODAY HAS THE OBJECT OF INTEREST BEING SILVER AND NOT GOLD AS WE STILL WITNESS STUBBORN LONGS REFUSE TO BUDGE FROM THEIR SILVER TREE.

 

Result: A LARGE SIZED DECREASE IN OI WITH THE GOOD SIZEDFALL IN PRICE IN GOLD ($6.90).

we had: 0 notice(s) filed upon for NIL oz of gold.

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

GLD: WOW!! 

Tonight , A HUGE CHANGEin gold inventory at the GLD: A DEPOSIT OF 8.57 TONNES WITH GOLD DOWN$13.65 TODAY

Inventory rests tonight: 864.65 tonnes.

SLV

Today: a no changes in inventory:

INVENTORY RESTS AT 326.757 MILLION OZ

 

end

.

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

1. Today, we had the open interest in silver FELL BY ONLY 1026 contracts from 187,932DOWN TO 186.906 (AND now A LITTLE FURTHER FROM THE NEW COMEX RECORD SET ON FRIDAY/APRIL 21/2017 AT 234,787) . AGAIN TODAY, IT  SEEMS THAT A TINY FRACTION OF OUR BANKER SHORTS COVERED.  THEY NEED TO COVER A MUCH HIGHER NUMBER WHEN RAIDS ARE ORCHESTRATED.  SO THEY TRIED AGAIN TODAY.

RESULT:  A SMALL SIZED DROP IN SILVER OI  AT THE COMEX WITH THE GOOD SIZED RISE IN PRICE OF 24 CENTS IN YESTERDAY’S TRADING. ANOTHER RAID ORCHESTRATED FOR TODAY SEEMS TO HAVE FAILED IN SILVER.

(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 TUESDAY night/WEDNESDAY morning: Shanghai closed UP 1.58 POINTS OR 0.05%   / /Hang Sang CLOSED UP 129.42 POINTS OR 0.47%/ The Nikkei closed DOWN 63.14 POINTS OR 0.31%/Australia’s all ordinaires CLOSED DOWN 0.07%/Chinese yuan (ONSHORE) closed WELL DOWN at 6.6390/Oil DOWN to 51.90 dollars per barrel for WTI and 58.20 for Brent. Stocks in Europe OPENED GREEN. Offshore yuan trades  6.6427 yuan to the dollar vs 6.6390 for onshore yuan. NOW THE OFFSHORE MOVED MUCH WEAKER  TO THE ONSHORE YUAN/ ONSHORE YUAN HUGELY WEAKER (TO THE DOLLAR)  AND THE OFFSHORE YUAN IS WEAKER TO THE DOLLAR AND THIS IS COUPLED WITH THE STRONGER  DOLLAR. CHINA IS NOT VERY HAPPY TODAY

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