Monday, April 19, 2021

USA BUDGET DEFICIT SWELLS BY $660 BILLION IN MARCH

by Harvey Organ, Harvey Organ Blog:

GOLD DOWN $11.10 TO $1733.00//SILVER DOWN 39 CENTS TO $24.85//GOLD TONNAGE AT COMEX RISES TO 83.4 TONNES//SILVER OZ STANDING REMAINS CONSTANT AT 14.80 MILLION OZ//MAY OI FOR SILVER REMAINS VERY HIGH AT 101,000 CONTRACTS//CORONAVIRUS UPDATES//VACCINE UPDATES//TAIWAN VS CHINA//IRAN VS ISRAEL//RUSSIA VS UKRAINE//CHINA CRACKS DOWN ON JACK MA//ST VINCENT VOLCANO UPDATES//USA BUDGET DEFICIT SWELLS BY $660 BILLION IN MARCH// SWAMP STORIES FOR YOU TONIGHT

Basel 3 rules may not hamper gold price suppression much

by Robert Lambourne, Gold Seek:

This note considers the potential impact of the “Basel 3” regulatory standards of the Bank for International Settlements on the bank’s own gold banking business, which is of interest to gold investors mainly due to the regular trading the BIS does in gold swaps and other derivatives.

These gold transactions by the BIS are perhaps the most obvious sign of regular and often extensive if usually surreptitious gold trading done by central banks.

This trading in gold by the BIS is not consistent with the claim that gold is no longer of significance in the world financial system. A review of the BIS’ use of gold swaps as at February 28, 2021, is here:

Even the TV pundits are now asking, without bothering to investigate, “what’s wrong with gold?

by Harvey Organ, Harvey Organ Blog:

GOLD DOWN $13.50 TO $1744.10//SILVER DOWN 27 CENTS TO $25.24//HUGE QUEUE JUMP AT GOLD COMEX OF 3.5 TONNES AS NEW STANDING RESTS THIS WEEKEND AT 83.3 TONNES//SILVER ALSO ADVANCES TO 14.8 MILLION OZ//MAY OI IN SILVER REMAINS EXTREMELY HIGH AT 109,171 CONTRACTS//ONE COVID COMMENTARY TONIGHT//ANDREW MAGUIRE AND ALASDAIR MACLEOD: A MUST WATCH VIDEO//RUSSIA VS UKRAINE//ISRAEL VS IRAN/ USA DATA: PPI RED HOT//SWAMP STORIES FOR YOU TONIGHT

HUNGARIAN CENTRAL BANK TRIPLES ITS RESERVES FROM 31 TONNES TO 94 TONNES OF GOLD

by Harvey Organ, Harvey Organ Blog:

GOLD CLOSED DOWN $1.25 TO $1740.70//SILVER ROSE 3 CENTS TO $25.18//GOLD TONNAGE AT THE COMEX ROSE SMARTLY UP 1 FULL TONNE TO 79.9 TONNES//SILVER HELD FIRM AT 14.210 MILLION OZ//MAY OPEN INTEREST FOR SILVER REFUSES TO CONTRACT AND REMAINS AT 116,000 CONTRACTS//CORONAVIRUS UPDATE/VACCINE UPDATE//HUNGARIAN CENTRAL BANK TRIPLES ITS RESERVES FROM 31 TONNES TO 94 TONNES OF GOLD//USA MULLING THE IDEA OF BOYCOTTING THE BEIJING OLYMPICS//RUSSIA VS UKRAINE UPDATES/YELLEN TO REVEAL HER $2.5 TAX RECLAMATION PLAN: SHE THREATENS TO WITHDRAW ACCOMODATION//HIGHEST EVER USA DEFICIT IN FEB AT $71.1 BILLION//ARCHEGOS UPDATES/SWAMP STORIES FOR YOU TONIGHT

Silver Bugs Are Getting Angry And Mad: One Step Closer To Capitulation

from Silver Doctors:

When will silver go on its next rip roaring rally? Here’s when…

*****

Half Dollar’s Note: I will not be writing my usual Friday market wrap today.

[sounds of cheering and applause in the background]

FACTORY ORDERS IN USA DROP BADLY LAST MONTH

by Harvey Organ, Harvey Organ Blog:

GOLD SURPRISINGLY HOLDS, DOWN ONLY $1.65 TO $1727.95//SILVER DOWN 14 CENTS TO $24.76//GOLD TONNAGE ADVANCES FOR APRIL DELIVERY TO: 79.082 TONNES//SILVER ADVANCES TO 14.205 MILLION OZ// ANOTHER 2 TONNES LEAVES GOLD COMEX//1.122 MILLION OZ LEAVES SILVER COMEX//A MASSIVE 118,000 OI CONTRACTS STILL REMAIN OPEN FOR MAY SILVER DELIVERY//CORONAVIRUS UPDATE//VACCINE UPDATE/INVERMECTIN UPDATE//CHINA VS USA//UKRAINE VS RUSSIA UPDATES//IRAN VS USA MEETING UPDATE//USA FRIDAY JOBS REPORT: MEDIA REPORTS IT IS STELLAR//IN REALITY NO!//FACTORY ORDERS IN USA DROP BADLY LAST MONTH//ARCHEGOS UPDATE: PAM AND RUSS MARTENS AND A MUST READ TOM LUONGO//SWAMP STORIES FOR YOU TONIGHT

18 MILLION USA CITIZENS STILL RECEIVING BENEFITS

by Harvey Organ, Harvey Organ Blog:

GOLD AND SILVER HAVE A SOLID DAY: GOLD UP $13.00/SILVER UP 42 CENTS//A VERY STRONG ADVANCE IN GOLD TONNAGE STANDING FOR APRIL: UP TO 78.4 TONNES//SILVER STANDING: 14.190 MILLION OZ//WE HAVE A HUGE OI FOR MAY AT 116,000 OI CONTRACTS//CORONAVIRUS UPDATES/VACCINE UPDATES//CHINA VS WORLD//ITALY EXPELS TWO RUSSIAN DIPLOMATS AS SPYS WERE CAUGHT RECEIVING NATO DOCUMENTS//NATO VS RUSSIA//RUSSIA VS UKRAINE AND EUROPE//18 MILLION USA CITIZENS STILL RECEIVING BENEFITS//SWAMP STORIES FOR YOU TONIGHT

ANOTHER HEDGE FUND BLOWN UP (ARCHEGOS) WHICH FOLLOWS LAST WEEK’S GREENSILL

by Harvey Organ, Harvey Organ Blog:

ANOTHER HEDGE FUND BLOWN UP (ARCHEGOS) WHICH FOLLOWS LAST WEEK’S GREENSILL//GOLD DOWN $20.00 TO $1713.90//SILVER DOWN 34 CENTS TO $24.73//APRIL SILVER LOOKS LIKE 15.5 MILLION OZ WILL STAND AND GOLD: 120 TONNES OR SO//CORONAVIRUS UPDATES//VACCINE UPDATES//60 MINUTES STATES THAT THE COVID 19 VIRUS PROBABLY CAME FROM WUHAN LAB//WILLIAM ENGDAHL..A MUST READ: WILL A CHINESE REAL ESTATE COLLAPSE CAUSE A GLOBAL MELTDOWN!!//SUEZ CANAL//CONTAINER SHIP FREED BUT BACKLOG WILL TAKE AT LEAST 10 DAYS TO CLEAR//BIDEN TO INTRODUCE HIS $3 TRILLION INFRASTRUCTURE BILL ON WEDNESDAY/SWAMP STORIES FOR YOU TONIGHT

ARGENTINA WILL DEFAULT AGAIN FOR THE NTH TIME

by Harvey Organ, Harvey Organ Blog:

GOLD UP $7.00 TO $1733.90//SILVER UP 5 CENTS TO $25.07//GOLD TONNAGE FINALIZES AT COMEX RISING TO 30.13 TONNES//SILVER REMAINS CONSTANT AT 58 MILLION OZ/OPEN INTEREST IN SILVER APRIL REMAINS HIGH INDICATING A 15 MILLION OZ INITIAL STANDING//APRIL GOLD ALSO EXTREMELY HIGH: WE MAY HAVE NORTH OF 130 TONNE STANDING//CORONAVIRUS UPDATES/VACCINE UPDATES//CHINA ENTERS TAIWAN AIRSPACE/GREENSILL FINALLY ENTERS BANKRUPTCY PROTECTION IN NY//CREDIT SUISSE CONTEMPLATING PAYING BACK INVESTORS FOR THEIR LOSSES ($3 BILLION)//TAIWAN DEVELOPING LONG RANGE MISSILES TO HIT MAINLAND CHINA//SUEZ CANAL BLOCKAGE: A HUGE GLOBAL SUPPLY DISRUPTION//ARGENTINA WILL DEFAULT AGAIN FOR THE NTH TIME//AMERICAN INCOME COLLAPSES IN FEB.//TRADE DEFICIT IN THE USA FOR GOODS WIDENS TO $86.7 BILLION DOLLARS//SWAMP STORIES FOR YOU TONIGHT

SUEZ CANAL BLOCKED FOR AT LEAST 2 MORE WEEKS AS THEY ARE TRYING TO REMOVE”BEACHED” CARGO VESSEL

by Harvey Organ, Harvey Organ Blog:

GOLD CLOSED DOWN $7.75 TO $1726.90//SILVER DOWN 15 CENTS TO $25.02//GOLD TONNAGE STANDING INCREASES UP TO 30.127 TONNES/SILVER OZ STANDING HUGELY ADVANCES UP TO 58 MILLION OZ//INDIA RESUMES HIS HUGE IMPORTING OF GOLD//OVER 15 MILLION OZ WILL STAND FOR SILVER IN APRIL//BITCOIN COLLAPSES IN PRICE//CORONAVIRUS UPDATES//VACCINE UPDATES// NORTH KOREA FIRES TWO MISSILES: BIDEN STUNNED; DOES NOT KNOW WHAT TO DO!//WAR BETWEEN RUSSIAN AND UKRAINE IMMINENT//IRANIAN MISSILE HITS ISRAEL CARGO SHIP IN THE ARABIAN SEA//SUEZ CANAL BLOCKED FOR AT LEAST 2 MORE WEEKS AS THEY ARE TRYING TO REMOVE”BEACHED” CARGO VESSEL//TOTAL USA JOBLESS CLAIMS RISE//SWAMP STORIES FOR YOU TONIGHT

WARNING: THE FED IS ABSOLUTELY DESTROYING YOUR CURRENCY – GOT METALS?

Rana Vig the CEO of Blue Lagoon Resources joins me to discuss the precious metals markets, metals manipulation, out of control money printing and a unique opportunity in the precious metals mining space amidst a whirlwind of potentially hyperinflating fiat currencies.

BANK OF ENGLAND REFUSES TO ANSWER WHETHER THEY LEASED GOLD TO ANY PARTY

by Harvey Organ, Harvey Organ Blog:

GOLD DOWN $3.90 TO $1738.90//SILVER DOWN 50 CENTS TO $25.71//GOLD TONNAGE STANDING AT THE COMEX INCREASES TO ALMOST 30 TONNES//SILVER OZ STANDING: NORTH OF 56 MILLION OZ//CORONAVIRUS UPDATE//VACCINE UPDATES/BANK OF ENGLAND REFUSES TO ANSWER WHETHER THEY LEASED GOLD TO ANY PARTY//PERTH MINT PROBLEMS//CHINA, EU AND USA ENGAGE IN TIT FOR TAX SANCTIONS//TURMOIL IN TURKEY AS ERDOGAN SACKS HIS CENTRAL BANKER: LIRA PLUMMETS// CHICAGO NATIONAL ACTIVITY INDEX PLUMMETS LAST MONTH//EXISTING HOME SALES ALSO PLUMMET!/SOUTHERN BORDER IN THE USA A MESS!!/SWAMP STORIES FOR YOU TONIGHT

USA TREASURIES BREAK ABOVE 1.75% DURING THE DAY AND CLOSE AT 1.71%

by Harvey Organ, Harvey Organ Blog:

RUN ON THE BANK (COMEX) CONTINUES: 5.5 TONNES OF GOLD LEAVES/IN SILVER 1.62 MILLION OZ IS RECEIVED AND THEN 1.63 MILLION OZ LEAVES! COMEX IN BIG STRESS: GOLD RISES $5.40 TO $1734.20//SILVER UP 28 CENTS TO $26.29//HUGE ADVANCE IN GOLD STANDING AT THE COMEX TO 29.5 TONNES/SILVER STANDING: 56.1 MILLION OZ//CORONAVIRUS UPDATES/VACCINE UPDATES//ZOLTAN ON SLR..A MUST READ// USA TREASURIES BREAK ABOVE 1.75% DURING THE DAY AND CLOSE AT 1.71%// JOBLESS CLAIMS STILL REMAIN EXTREMELY HIGH//OIL PRICE COLLAPSES TODAY//USA SOUTHERN BORDER A MESS!!/SWAMP STORIES FOR YOU TONIGHT