by Harvey Organ, Harvey Organ Blog:
UBS AGREES WITH US THAT THE USA WILL NOT IMPLEMENT ANY MEANINGFUL TAX REFORM/CHINA ORDERS ALL NORTHERN KOREAN COMPANIES AND PERSONNEL OUT OF THE COUNTRY/GERMANY WITHDRAWS FROM INCIRLIK
GOLD: $1286.00 UP $1.55
Silver: $16.82UP 3 CENT(S)
Closing access prices:
Gold $1287.50
silver: $16.87
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: $1293.84 DOLLARS PER OZ
NY PRICE OF GOLD AT EXACT SAME TIME: $1283.30
PREMIUM FIRST FIX: $9.54 (premiums getting larger)
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SECOND SHANGHAI GOLD FIX: $1291.23
NY GOLD PRICE AT THE EXACT SAME TIME: $1279.90
Premium of Shanghai 2nd fix/NY:$11.32 (PREMIUMS GETTING LARGER)
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LONDON FIRST GOLD FIX: 5:30 am est $1284.30
NY PRICING AT THE EXACT SAME TIME: $1282.30 ???
LONDON SECOND GOLD FIX 10 AM: $1283.35
NY PRICING AT THE EXACT SAME TIME. 1284.00???
For comex gold:
SEPTEMBER/
NOTICES FILINGS TODAY FOR SEPT CONTRACT MONTH: 484 NOTICE(S) FOR48400OZ.
TOTAL NOTICES SO FAR: 577 FOR 57700 OZ (1.7947 TONNES)
For silver:
SEPTEMBER
37 NOTICES FILED TODAY FOR
185,000 OZ/
Total number of notices filed so far this month: 6,575 for 32,875,000 oz
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end
Let us have a look at the data for today
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In silver, the total open interest FELL BY 1909 contracts from 186,997DOWN TO 184,997 WITH THE GOOD SIZED FALL IN PRICE THAT SILVER UNDERTOOK IN YESTERDAY’S TRADING (DOWN 9 CENTS ). AGAIN TODAY, IT SURE LOOKS LIKE WE GOTA SMALL AMOUNT OF BANKER SILVER SHORT COVERING AT THIS WEEK IS OPTIONS EXPIRY ON THE LONDON/OTC MARKET AND WE ALWAYSON THE RECIPROCAL END OF RAIDS
RESULT: A SMALL FALL IN OI COMEX WITH THE9 CENT PRICE FALL. IT LOOKS LIKE WE HAD A SMALL AMOUNT OF BANKER SHORTS COVERING. THE BANKERS AGAIN ORCHESTRATE ANOTHER RAID TODAY AND FAILED AGAIN.
In ounces, the OI is still represented by just UNDER 1 BILLION oz i.e. 0.924 BILLION TO BE EXACT or 132{5f621241b214ad2ec6cd4f506191303eb2f57539ef282de243c880c2b328a528} 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 9752 CONTRACTS WITH THE FALLin price of gold ($13.65 DROP) WITH YESTERDAY’S COMEX TRADING. The new OI for the gold complex rests at 539,885. 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 CONTINUAL RAIDSHAS 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 ($13.65).
we had: 484 notice(s) filed upon for 48400 oz of gold.
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With respect to our two criminal funds, the GLD and the SLV:
GLD: WOW!!
Tonight , NO CHANGESin gold inventory at the GLD:
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 BY1909 contracts from 186,906DOWN TO 184,997 (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 9 CENTS IN YESTERDAY’S TRADING. ANOTHER ATTEMPTED RAID ORCHESTRATED BY THE CROOKS 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 WEDNESDAY night/THURSDAY morning: Shanghai closed DOWN 5.60 POINTS OR 0.17{5f621241b214ad2ec6cd4f506191303eb2f57539ef282de243c880c2b328a528} / /Hang Sang CLOSED DOWN 220.83 POINTS OR 0.80{5f621241b214ad2ec6cd4f506191303eb2f57539ef282de243c880c2b328a528}/ The Nikkei closed UP 96.06 POINTS OR 0.47{5f621241b214ad2ec6cd4f506191303eb2f57539ef282de243c880c2b328a528}/Australia’s all ordinaires CLOSED DOWN 0.11{5f621241b214ad2ec6cd4f506191303eb2f57539ef282de243c880c2b328a528}/Chinese yuan (ONSHORE) closed WELL DOWN at 6.6640/Oil UP to 52.65 dollars per barrel for WTI and 58.28 for Brent. Stocks in Europe OPENED GREEN/MIXED. Offshore yuan trades 6.6634 yuan to the dollar vs 6.6640 for onshore yuan. NOW THE OFFSHORE MOVED A LITTLE 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 WEAKER DOLLAR. CHINA IS HAPPY TODAY
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