Thursday, August 5, 2021

Spanish Suppression Of Catalan Independence Movement Continues To Escalate

by Elizabeth Vos, Disobedient Media:

Disobedient Media previously reported on the suppression of the Catalan independence movement in Spain. Since our first coverage of the issue, repressive tactics in Spain have continued to escalate. Disobedient Media’s report on the issue was also disingenuously smeared by Spanish media outlet El País. The press outlet also heavily criticized Edward Snowden and Julian Assange for having expressed concern on the matter.

That El País would perceive an independent news source like Disobedient Media as damaging enough to warrant such a response illustrates the deep insecurity the Catalan independence movement has stirred in Spain. El Paísdevoted a large, inaccurate chart to our coverage of the events:

Backlash against the coverage of events in Spain comes amid reports that Spanish riot police have taken control of Catalan, despite initial resistance from Catalan police. The BBC stated: “Spanish authorities have moved to place all policing in Catalonia under central control to stop the disputed independence referendum on 1 October.” Demonstrations in favor of Catalan independence have proven so large that they prove difficult to fully capture in photographs, with Reuters reporting that approximately one million Catalans had taken to the streets in support of the upcoming referendum.

The Independent wrote that the Spanish government had called the upcoming referendum illegal and was taking steps to prevent the vote: “On Wednesday arrested 14 senior officials, seized ballot papers and raided the homes of the Catalan separatists suspected of coordinating the vote, due to take place on 1 October.” Despite these measures, supporters of Catalan independence were reported by The Guardian to have responded by distributing over one million ballots in the lead up to the referendum.

Remarkably, the EU has continued its general reticence in the face of the escalating crackdown in Spain. The Independent wrote that the European Union is unlikely to intervene in Spain over Catalan independence, saying it must “respect the constitution of the country. ” The Washington Post related that Angela Merkel’s representatives said: “Berlin has great interest in the maintenance of stability in Spain.” The EU’s quiet backing of Spain may stem from a number of issues, including the stability of the European Union as well as Catalan’s economic status. This stance has raised serious concern among those who value self-governance.

French Press discussed the EU’s reluctance to act in Catalan. Dan Dungaciu, the head of the Institute of Political Sciences and International Relations of the Romanian Academy, told the AFP: “Recognizing Catalonia would create a terrible precedent for the EU, one which Brussels would find very hard to manage and which every separatist movement would try to use in future.”

Catalonia is also regarded as a wealthy region, whose loss would greatly impact Spain. The 2008 financial crisis hit Spain particularly hard, making the Catalan region increasingly valuable. The Telegraph explained the economic situation, writing that secession would cost Spain almost 20 per cent of its economic output, and “trigger a row about how to carve up the sovereign’s 836 billion euros of debt.”

Read More @ DisobedientMedia.com

JK Rowling, Clooney, Trudeau: put immigrants in your homes

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by Jon Rappoport, No More Fake News:

Millions of people want to boost an open-borders policy for the whole world.

For them, things are moving too slowly.

I have the solution. But there is an unfathomable glitch…

Charity begins at home, doesn’t it?

Let’s call it “proof of concept.”

People like George Clooney, JK Rowling, and Justin Trudeau have plenty of money and plenty of room in their houses. They all support open borders, don’t they?

Why should they insist governments find homes for illegal immigrants, when they won’t provide homes for them? What’s the problem here? You would think these high-profile celebrities would want to set an example for others to follow.

Are they afraid? Are they too busy to attend to the needs of migrants? They can assign that job to their staffs. By taking new arrivals into their homes, they can make a huge symbolic difference for all migrants from Nigeria, Somalia, and Syria.

They could start a trend. They could shame their fellow celebrities into following suit. This could be the start of something big.

And why stop at immigrants? Why can’t celebs who support Antifa and Black Lives Matter house a few dozen of those members as well?

Read what Canadian Prime Minister Justin Trudeau said this summer: “Anytime I meet people who got to make the deliberate choice, whose parents chose Canada, I’m jealous. Because I think being able to choose it, rather than being Canadian by default, is an amazing statement of attachment to Canada…You chose this country. This is your country more than it is for others because we take it for granted.”

That’s a very bold position. Why can’t Trudeau follow up and bring, say, 50 newly minted immigrants into his home to live permanently? Why can’t he interact with them on a daily basis? Why can’t he personally put money into their bank accounts and make sure they’re comfortable?

Unless there is some invisible reason why charity doesn’t begin at home. Perhaps there is a secret elite code of conduct we’re not aware of. It could be as simple and prosaic as: do what I say, not what I do. That would be disappointing, wouldn’t it?

Is it possible—and I’m just speculating here—that these wealthy supporters of open borders are only interested in signaling their “position” to others?

Is that what’s going on? They’re sending up smoke signals—or blowing smoke up everybody’s rear ends?

That would surely be disappointing, wouldn’t it?

I would rather believe these celebs are merely guilty of an oversight. They were going to invite dozens of migrants into their houses, but appointments and meetings and projects got in the way. They forgot. It was on their agenda, but their assistants failed to follow up. Didn’t prepare the rooms, didn’t buy the flowers, didn’t make up the beds with new sheets, didn’t stock food, didn’t hire tutors, didn’t do research to discover the necessary religious rules to follow. They didn’t figure out what words shouldn’t be spoken and what actions shouldn’t be taken in the home.

Let’s hear from these elite champions of equality and justice. Let them explain the delay. I’m sure when they do, it’ll make perfect sense. We’ll all breathe a sigh of relief. These celebrities, whom we of course admire, aren’t hypocrites. No. They’re just behind schedule. It happens.

Hasn’t it happened to you? You spoke to the Rolls Royce dealer, but then you forgot to order the car. You were going to buy 40 new iPhones with facial recognition for your staff, but then you were distracted by your lawyer, who pointed out there were several omissions in your contract to do a movie in Tahiti. You were in negotiations to purchase an estate in Russia, but then your agent mentioned that this could be interpreted as a sign that you weren’t serious about claiming the US is already at war with Putin.

However, first thing tomorrow, you’ll put all those matters aside and make provisions for several dozen single male migrants in their 20s and give them rooms and suites in your home.

Forgive me for gnawing on this issue, but it’s disturbing. For example, consider the relative benefits, for an immigrant, of living in a cramped apartment in a big city and collecting meager welfare payments, versus living in a mansion in Beverly Hills and eating meals prepared by a talented chef. Even if only a few lucky migrants can hit the jackpot, it lets us know there is a modicum of justice in this world—and celebrities are proving it.

Social justice warriors with considerable personal wealth, on a planet with 7.442 billion people, are in short supply. Isn’t it obvious that they should step up to the plate?

Here is Forbes’ estimate of JK Rowling’s wealth: “J.K. Rowling is now worth some $650 million, Forbes estimates, her fortune boosted by payouts from theme parks in Florida, California and Japan.”

“That figure would be higher had she not donated an estimated $150 million to charity over the years. Yet still it climbs: Thanks to Harry Potter and the Cursed Child–a new London theatrical production and published script–plus Fantastic Beasts and Where to Find Them, a 2016 movie-and-script-book combo, Rowling banked $95 million in the 12 months to June 2017.”

Good for her. Congratulations. No problem. Now, all she has to do is house perhaps 500 single male immigrants in her houses to confirm her position on immigration. It’s a small gesture.

Read More @ NoMoreFakeNews.com

What Does the Ballooning National Debt Mean to You?

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by Peter Schiff, Schiff Gold:

When Pres. Trump signed a bill raising the debt ceiling limit for the next three months, it instantly added approximately $318 billion to the national debt, raising it to $20.16 trillion. And Trump wants to do away with the debt ceiling altogether.

It’s hard to even conceptualize $20 trillion. What does that mean to the average person? Just the Facts Daily put together some interesting data that helps put the soaring national debt into perspective.

The national debt is currently over 105{5f621241b214ad2ec6cd4f506191303eb2f57539ef282de243c880c2b328a528} of total GDP. That’s the highest level in history except for  a two-year spike at the end of World War II.

To personalize the debt a bit, consider this. It currently totals $61,889 for every person in the United States, or $160,247 per household. Looking at it in terms of household debt, its currently 35{5f621241b214ad2ec6cd4f506191303eb2f57539ef282de243c880c2b328a528} higher than the average consumer household debt of $118,271. Household debt includes mortgages, student loans, credit card balances, and auto loans.

The biggest problem is the federal government can’t stop spending money. Inflation-adjusted tax revenue has risen slightly since the Second World War, but the spending level has soared through the roof.

Much of this increased spending is the result of healthcare programs that policymakers have enacted since the 1960s. Between 1959 and 2015, federal spending on health and healthcare programs rose from 3{5f621241b214ad2ec6cd4f506191303eb2f57539ef282de243c880c2b328a528} of total federal spending to 29{5f621241b214ad2ec6cd4f506191303eb2f57539ef282de243c880c2b328a528}.”

As we discussed in a previous article, the massive national debt puts the Federal Reserve in a difficult position. It wants to “normalize” interest rates. But doing so would crush the US budget under interest payments. Analysts have calculated that if the interest rate on Treasury debt stood at 6.2{5f621241b214ad2ec6cd4f506191303eb2f57539ef282de243c880c2b328a528} – their level in 2000 – the annual interest payment on the current debt would nearly triple to $1.3 trillion annually.

Just Facts pointed out another problem with exceptionally high debt levels. They tend to suppress economic growth.

Contrary to what many journalists and pundits have alleged, there is a strong association between government debt and poor economic progress. Numerous media outlets have publicized a study said to disprove this connection, but the study actually shows what previous studies had found: GDP growth decreases by an average of about 30{5f621241b214ad2ec6cd4f506191303eb2f57539ef282de243c880c2b328a528} when government debt exceeds 90{5f621241b214ad2ec6cd4f506191303eb2f57539ef282de243c880c2b328a528} of an economy. The authors of this study, however, buried this data on the 10th page of their paper and wrote a deceitful overview, which the media parroted. Ever since the U.S. national debt exceeded 90{5f621241b214ad2ec6cd4f506191303eb2f57539ef282de243c880c2b328a528} of GDP in 2010, inflation-adjusted average GDP growth has been 33{5f621241b214ad2ec6cd4f506191303eb2f57539ef282de243c880c2b328a528} below the average from 1960–2009, a period that included eight recessions.”

Peter Schiff has said the massive debt could also spur on the dollar collapse. Removing the debt ceiling would remove the last speed bump slowing the runaway spending freight train. But Peter says at some point, that train will come to the end of the tracks.

You know what? It’s not going to work, because just because we decide that we have no debt ceiling, and we’re going to borrow as much money as we want – it takes two to tango. We need a lender in order to borrow. And if we get rid of the debt ceiling, we are sending a very powerful message to our lenders that we are never going to get our fiscal house in order – that the sky’s the limit as far as how much we’re willing to borrow. And now the lenders are going to say, ‘Wait a minute! We don’t want to lend anymore. We already own enough US Treasury bonds. And if you’re telling me your throwing all fiscal prudence out the window, and you’re just going to borrow as much money as possible, well we don’t want to lend in that environment. Certainly not in this ridiculous low interest rate.’”

Read More @ Schiffgold.com

Russian Deputy FM: General’s Death “Result of US Policy”

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from Russia Insider:

Rybakov did not elaborate what he meant by that but it certainly ads to the avalanche of recent accusations against the US in Syria

The death of Russian Lieutenant-General Valery Asapov in Syria is the price Russia was forced to pay for hypocritical US policy, according to Russian Deputy Foreign Minister Sergey Ryabkov.

“The death of the Russian commander is the price paid with blood for the hypocrisy of American policy in Syria,” Ryabkov said on Monday.

General Asapov was serving as one of Russia’s military advisers in Syria. On Sunday, the Russian Defense Ministry said he was fatally wounded by an exploding shell in a sudden mortar attack by IS terrorists.

Moscow is concerned that while Washington claims it is interested in fighting Islamic State (IS, formerly ISIS\ISIL) terrorists, it demonstrates quite the opposite, according to the deputy minister.

The deputy minister said Moscow wants Washington’s statements on fighting terrorism not to be at odds with its actions on the ground.

Meanwhile, the Russian and US militaries maintain “intensive” contacts at different levels, Ryabkov said.

On Sunday, the Russian Ministry of Defense published aerial images which they say show US Army special forces equipment located north of the Syrian town of Deir ez-Zor, where IS militants are deployed.

Read More @ Russia-Insider.com

Legislation Seeking to Strip Taxpayer Funding from Sports Arenas Gains Momentum Following National Anthem Protests

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by Katherine Rodriguez, Breitbart:

Members of Congress are growing more interested in legislation that seeks to strip taxpayer funding from sports arenas following the recent NFL protests of the National Anthem.

Sen. James Lankford’s (R-OK) spokesperson told the Daily Caller on Sunday that interest in the “Eliminating Federal Tax Subsidies for Stadiums Act of 2017” (S. 1342) proposed by Lankford and his Democratic co-sponsor Sen. Cory Booker (D-NJ) in June, has grown in the past four weeks.

Booker and Lankford’s bill would ban professional sports teams from using federal tax-exempt funding and would amend the tax code to treat any bonds as taxable regardless of who is providing the bonds.

“Professional sports teams generate billions of dollars in revenue,” Booker said in a statement. “There’s no reason why we should give these multimillion-dollar businesses a federal tax break to build new stadiums. It’s not fair to finance these expensive projects on the backs of taxpayers, especially when wealthy teams end up reaping most of the benefits.”

Lankford agreed with his Democratic co-sponsor.

“The federal government is responsible for a lot of important functions, but financing sports stadiums for multi-million—sometimes billion—dollar franchises is definitely not one of them,” Lankford said.

Read More @ Breitbart.com

NBC PANELIST: US NATIONAL ANTHEM IS ‘WHITE SUPREMACIST’

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by Steve Watson, Infowars:

Media claims Trump using racist code language

The media coverage of the weekend’s sporting ‘protests’ against comments made by President Trump focused almost entirely on projecting the talking point of ‘racism’, with one talking head even suggesting that the national anthem itself is racist.

Stephen Henderson, an editor for the Detroit Free Press suggested on NBC’s Meet The Press seriously claimed that the national anthem is “white supremacist” while discussing the football and baseball players who are refusing to stand for it.

Henderson made the comments after Rich Lowry of the National Review argued that race is being falsely injected into the narrative because neither the US flag or the national anthem are “white supremacist”.

Henderson chimed in to exclaim “some of the words of the national anthem are white supremacist.”

“You think the national anthem is racist?” an exasperated Lowry replied.

“I think this is a country whose history is racist, whose history is steeped in white supremacy, and the anthem reflects that in its very words.” Henderson responded.

Lowry maintained his position in spite of Henderson’s bizarre claims, firing back “It’s also a nation with very important ideals that have worn down those injustices over time and created a more just society. And people have died under that flag for those ideals.”

Read More @ Infowars.com

Venezuelan Women Turn To Prostitution To Afford Food

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by Mac Slavo, SHTFPlan:

All twelve women who work at the “Show Malilo Night Club” brothel in Arauca, Colombia are from Venezuela. As Venezuela’s socialist economic crisis continues, many Venezuelan women have turned to the sex trade in neighboring Colombia to eat and provide for their families.

“We’ve got lots of teachers, some doctors, many professional women and one petroleum engineer,” brothel owner Gabriel Sánchez said of the women who sell their bodies for $25 an hour.  “All of them showed up with their degrees in hand.” Sanchez who is 60 years-old, started the brothel in Arauca, Colombia after he lost his job in a car repair shop in Venezuela thanks to the government’s socialist policies.

Sánchez and others in the sex industry say Venezuelans dominate the trade now because they’re willing to work for less pay. “I would say 99 percent of the prostitutes in this town are Venezuelan,” he said. Amid food shortages, hyperinflation, rampant poverty driven by socialism, and U.S. sanctions, waves of economic refugees have fled the country. Those with the means to do so have gone to places like Miami, Santiago, and Panama. But those who are less fortunate, have had to sink low to simply eat.

A recent study suggested as many as 350,000 Venezuelans had entered Colombia in the last six years. With jobs scarce in the country though, many young (and some not so young) women are turning to the world’s oldest profession to make ends meet. According to the Miami Heraldprostituting for money to buy basic necessities has become commonplace for Venezuelan women.

“If you had told me four years ago that I would be here, doing this, I wouldn’t have believed you,” said Dayana, who asked that her last name not be used. “But we’ve gone from crisis to crisis to crisis, and now look where we are.” Dayana is a 30-year-old mother of four who found herself struggling to feed her family in Caracas.  Seven months ago, she came to Colombia looking for work. Without an employment permit, she found herself working as a prostitute in the capital, Bogotá.  Dayana said she used to be the manager of a food-processing plant on the outskirts of Caracas, but that job disappeared after the government seized the factory and “looted it,” she said.

With inflation running in excess of 700 percent and the bolivar currency in free fall, finding food and medicine in Venezuela has become a frustrating, time-consuming task. Dayana said she often would spend four to six hours waiting in line hoping to buy a bag of flour. Other times she was forced to buy food on the black market at exorbitant rates. Hunger in Venezuela is rampant. –The Miami Herald

Many in Venezuela didn’t prepare for the certain economic failure and food shortages that inevitably result from socialism. As The Prepper’s Blueprint says “If we have learned one thing studying the history of disasters, it is this: those who are prepared have a better chance at survival than those who are not. A crisis rarely stops with a triggering event. The aftermath can spiral, having the capacity to cripple our normal ways of life.” And Venezuela is in the midst of such a crisis.  This is made evident by the seeking of prostitution jobs by previously successful and professional women.

Read More @ SHTFPlan.com

Keiser Report: Credit Freeze (E1128)

from RT:

 

Max interviews Charles ‘Chuck’ Johnson of GotNews.com about how his operation managed to take down the billions-of-dollars establishment candidates and media empires in this latest US election series. He also reveals who his deep political sources claim is the source of funding for the Steele dossier.

It’s Time to Stop Pretending ‘Free Speech’ Rallies Are Actually About Free Speech

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by Justin King, The Anti Media:

As white supremacists of all sorts rebrand, they still cling to the concept of “free speech rallies”. Do you notice how they don’t invite groups opposed to them to speak? Do you notice all of the speakers are of the alt-right or alt-light variety? Do you notice the blatant racism? The rallies aren’t about free speech. They never were. They’re about getting stupid people to defend them and to side with them based on a buzzword. They wouldn’t get very far calling the “Unite the Right” “free speech” rally a “KKK-Nazi-White Nationalist conference” now would they?

Like all good propagandists, they term themselves something that is ridiculous to oppose. Look at the terms for the two main sides of the abortion debate. You aren’t really going to call yourself “anti-choice” or “anti-life”, are you? It’s a word game typically used to trick those who are of lower intelligence. Free Speech is a lofty ideal, so this time they’re targeting college-educated people. Nobody wants to stand against free speech.

Free speech is one of the most important facets of a free society. A person should be able to stand in the open and state their opinion, no matter how offensive it is. While we may disagree, they should be able to stand in a crowd and sing the praises of Hitler.

These groups aren’t really engaging in free speech though, that’s not the primary objective anyway. The real goal is to unite and organize various groups who openly advocate ethnic cleansing or a terrorist campaign under “leaderless resistance“. These aren’t debates or even forums for the expression of controversial ideas. They’re a front to organize for ethnic cleansing.

The websites of the groups openly proclaim their goals and even as they organize to gain the political power to make the United States a white “ethnostate”, many Americans refuse to believe it. It’s a story as old as time itself. Instead, liberals all over the country are patting themselves on the back for being tolerant and supporting free speech. Supporting the organizational efforts of those wanting to ethnically cleanse the United States doesn’t make you principled. It makes you an accomplice.

Throughout history, there were always groups of scared little boys who saw skin color or language or religion as a good enough reason to use violence. They were always small in number at first. They then tricked the less intelligent of those around them by pretending to defend them against some imagined threat, then they used the academic language of the time to silence dissent by framing it as unpatriotic, then they took power, and people did nothing. See, without the “good German” there never could have been a Hitler. Without the logistical efforts that were allowed to happen, there never could have been a Rwandan genocide.

Throughout history, it has always been the person who didn’t want to stand in solidarity with the minority who allowed the greatest crimes. You may safely stare in the mirror at your white skin and say “it’s just speech”. That’s a big bet to make with someone else’s life. Let’s be honest, the Richard Spencers of the world aren’t coming for people who look like you, are they? You’re not principled. You’re apathetic, or worse, you’re cowardly. For some reason, I doubt you would be so calm if NAMBLA decided to hold meetings next to the playground your kid visits, especially if the group was proclaiming they plan on kidnapping children from playgrounds. It’s just speech, right? Or if ISIS held meetings near you talking about beheading people who look like you? You’re not a free speech advocate. You’re not principled. You’re a person who has chosen to not get involved. That’s fine, but don’t post online about how you support the freedom of speech when you aren’t the one at risk if you’re wrong about their intentions. It doesn’t make you moral, it makes you a fool.

If history has shown us one thing, it’s that when a small group of people say “we’re going to ethnically cleanse this country if we get power”, you need believe them. Mass graves are full of those who mistook efforts to organize for genocide as mere speech.

Read More @ TheAntiMedia.com

NORTH KOREA TO THE USA: “YOU HAVE DECLARED WAR ON US” AND “WE WILL SHOOT DOWN YOUR WARPLANES”

by Harvey Organ, Harvey Organ Blog:

RUSSIA STATES THAT THE USA KILLED A BIG TIME GENERAL ON THE WESTERN SIDE OF DEIR-EZ-ZOR: IRAQI KURDISTAN HELD ITS INDEPENDENCE VOTE TODAY AND TURKEY, IRAQ AND IRAN READY TO ATTACK/CATALONIA LOOKS DEFIANT TO HOLD ITS REFERENDUM VOTE ON OCT 1/2017/CONDITIONS IN PUERTO RICO DIRE/GOLD UP $14.00 AND SILVER IS UP 16 CENTS

GOLD: $1308.45 UP   $14.00

Silver: $17.11  UP 16 CENT(S)

Closing access prices:

Gold $1311.25

silver: $17.17

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: $1299.46 DOLLARS PER OZ

NY PRICE OF GOLD AT EXACT SAME TIME:  $1292.68

PREMIUM FIRST FIX:  $6.78 (premiums getting larger)

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SECOND SHANGHAI GOLD FIX: $1298.02

NY GOLD PRICE AT THE EXACT SAME TIME: $1293.70

Premium of Shanghai 2nd fix/NY:$4.32  

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LONDON FIRST GOLD FIX:  5:30 am est  $1295.50

NY PRICING AT THE EXACT SAME TIME: $1293.19 ????

LONDON SECOND GOLD FIX  10 AM: $1293.30

NY PRICING AT THE EXACT SAME TIME. 1293.95

For comex gold:

SEPTEMBER/

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

TOTAL NOTICES SO FAR: 83 FOR 8300 OZ  (0.2581 TONNES)

For silver:

SEPTEMBER

 

 67 NOTICES FILED TODAY FOR

 

650,000  OZ/

Total number of notices filed so far this month: 6,303 for 31,515,000 oz

XXXXXXXXXXXXXXXXXXXXXXXXXXXXXX

 

end

 We had 4 major events today to spark gold

1. North Korea stated that the USA has basically declared war on her and that North Korea will shoot down any USA war planes

2. Kurdistan is holding a referendum on independence today and already Iran, Iraq and  Turkey stated that they are ready to mount an offensive against them

3. trouble in Catalonia as the government of Spain is trying to stop the vote on independence on Oct 1

4. A Russian General was killed by rocket fire in Syria and this fire supposedly came from the USA..

all of the above makes people seek gold as a safe haven..

Let us have a look at the data for today

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In silver, the total open interest FELL BY 1321 contracts from  189,605 DOWN TO 188,644 WITH THE TINY FALL IN PRICE THAT SILVER UNDERTOOK IN FRIDAY’S TRADING (DOWN 5 CENTS ). ON FRIDAY, OUR BANKERS TOOK A LITTLE SIESTA FROM THE PREVIOUS 9 DAYS OF TORMENT.  A TINY AMOUNT OF SILVER LONGS EXITED THE CASINO BUT MOST OF OUR SILVER PLAYERS ARE RESOLUTE WILLING TO TAKE ON OUR BANKERS.  REMEMBER THAT WE HAVE NOW ENTERED OPTIONS EXPIRY WEEK SO EXPECT CONTINUAL WHACKING OF OUR PRECIOUS METALS. 

RESULT: A SMALL FALL IN OI COMEX  WITH THE 5 CENT PRICE FALL.  A SMALL FRACTION OF LONGS LEFT BUT MOST OF OUR SILVER PLAYERS ARE RESOLUTE IN THEIR DETERMINATION TO TAKE ON THE BANKERS.

 In ounces, the OI is still represented by just UNDER 1 BILLION oz i.e.  0.943 BILLION TO BE EXACT or 134{5f621241b214ad2ec6cd4f506191303eb2f57539ef282de243c880c2b328a528} of annual global silver production (ex Russia & ex China).

FOR THE NEW FRONT MAY MONTH/ THEY FILED: 67 NOTICE(S) FOR 335,000OZ OF SILVER

In gold, the open interest FELL BY A CONSIDERABLE 8,896 CONTRACTS DESPITE THE  RISE  in price of gold ($1.70 GAIN WITH FRIDAY’S COMEX TRADING.  The new OI for the gold complex rests at 552,379. WE ARE AGAIN EXPERIENCING THE SAME PHENOMENON AS WE ENTER ‘FIRST DAY DELIVERIES WEEK’ IN AN ACTIVE DELIVERY MONTH, I.E. THE ISSUANCE OF A HUGE NUMBER OF EFP’S WHICH ENTITLE THE HOLDER TO THE FIAT PROFIT PLUS A FUTURE DELIVERABLE PRODUCT ON ANOTHER EXCHANGE PROBABLY A LONDON BASED FORWARD. IT SEEMS THAT OVER 8900 EFP CONTRACTS WERE ISSUED. THESE ARE ‘EMERGENCY’ CONTRACTS WHERE THE SHORT HOLDERS DO NOT HAVE PHYSICAL TO DELIVER UPON A LONG AND SO THEY OFF- LOAD IT TO A PHYSICAL ZONE LIKE LONDON. WE ARE NOW ENTERING OPTIONS EXPIRY WEEK SO EXPECT THE PRICES OF BOTH GOLD AND SILVER TO BE SUBDUED. IT FINISHES THIS COMING FRIDAY MORNING .

 

Result: A HUGE DECREASE IN OI WITH THE  RISE IN PRICE IN GOLD ($1.70). DEMAND FOR GOLD STILL HIGH BUT LONGS TRANSFERRED TO ANOTHER PHYSICAL EXCHANGE LIKE LONDON. 

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:

Tonight , we got this huge news: we had another big change in gold inventory:

a huge deposit of 3.84 tonnes.

Inventory rests tonight: 856.08 tonnes. Whenever GLD inventory advances so does our gold price.

SLV

Today: a huge change in inventory: a deposit of 1.842 million oz/

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  1321 contracts from 189,865  DOWN TO 188,644 (AND now A LITTLE FURTHER FROM THE NEW COMEX RECORD SET ON FRIDAY/APRIL 21/2017 AT 234,787) DESPITE FRIDAY’S 5 CENT LOSS IN TRADING. WE LOST A TINY FRACTION OF LONGS BUT STILL THE MAJORITY OF SILVER LONGS ARE RESOLUTE WILLING TO TAKE ON THE BANKERS. WE HAVE NOW ENTERED OPTION’S EXPIRY WEEK

RESULT:  A SMALL SIZED DROP IN SILVER OI  AT THE COMEX WITH THE TINY LOSS IN PRICE OF 5 CENTS IN FRIDAY’S TRADING. 

(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 SUNDAY night/MONDAY morning: Shanghai closed DOWN 10.98 POINTS OR 0.33{5f621241b214ad2ec6cd4f506191303eb2f57539ef282de243c880c2b328a528}   / /Hang Sang CLOSED DOWN 380.18 POINTS OR 1.36{5f621241b214ad2ec6cd4f506191303eb2f57539ef282de243c880c2b328a528}/ The Nikkei closed UP 101.13 POINTS OR 0.50{5f621241b214ad2ec6cd4f506191303eb2f57539ef282de243c880c2b328a528}/Australia’s all ordinaires CLOSED UP 0.02{5f621241b214ad2ec6cd4f506191303eb2f57539ef282de243c880c2b328a528}/Chinese yuan (ONSHORE) closed WELL  DOWN at 6.6230/Oil UP to 50.92 dollars per barrel for WTI and 57.55 for Brent. Stocks in Europe OPENED MOSTLY RED . Offshore yuan trades  6.6155 yuan to the dollar vs 6.6230 for onshore yuan. NOW THE OFFSHORE MOVED MUCH STRONGER  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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