by Harvey Organ, Harvey Organ Blog:

GOLD FALLS $6.15 AND SILVER FALLS 13 CENTS ON LAST DAY OF NOVEMBER OPTIONS EXPIRY (LBMA/LONDON CONTRACTS)/CHINA’S YIELD CURVE CONTINUES TO INVERT SIGNALLING RECESSION OVER THERE/GENERIC PHARMACEUTICAL INDUSTRY CAUGHT IN A HUGE COLLUSION MESS!!

GOLD: $1270.00 down $6.15

Silver: $16.70 down 13  cents

Closing access prices:

Gold $1270.20

silver: $16.72

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: $1289.75 DOLLARS PER OZ

NY PRICE OF GOLD AT EXACT SAME TIME:  $1275.85

PREMIUM FIRST FIX:  $13.90(premiums getting larger)

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SECOND SHANGHAI GOLD FIX: $1291.50

NY GOLD PRICE AT THE EXACT SAME TIME: $1276.70

Premium of Shanghai 2nd fix/NY:$14.80 PREMIUMS GETTING LARGER)

CHINA REJECTS NEW YORK PRICING OF GOLD!!!!  

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LONDON FIRST GOLD FIX:  5:30 am est  $1274.40

NY PRICING AT THE EXACT SAME TIME: $1275.60

LONDON SECOND GOLD FIX  10 AM: $1270.15

NY PRICING AT THE EXACT SAME TIME. 1271.70 ??

For comex gold:

NOVEMBER/

NOTICES FILINGS TODAY FOR OCT CONTRACT MONTH: 523 NOTICE(S) FOR  52300  OZ.

TOTAL NOTICES SO FAR: 523  FOR 52300 OZ  (1.626TONNES)

For silver:

NOVEMBER

 427 NOTICE(S) FILED TODAY FOR

2,135,000  OZ/

Total number of notices filed so far this month: 427 for 2,135,000 oz

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Bitcoin:  $6196 bid /$6216 offer up $84.00  (MORNING)

BITCOIN CLOSING;$6309 BID:6329. OFFER  UP $197.00

end

Let us have a look at the data for today

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In silver, the total open interest  ROSE BY A tiny sized 451 contracts from  195 ,953 UP TO 196,434 with  YESTERDAY’S TRADING IN WHICH SILVER ROSE BY 8 CENTS.  THE CROOKS ARE STILL HAVING AN AWFUL TIME TRYING TO COVER THEIR MASSIVE SILVER SHORTS SO THEY CONTINUE TO TORMENT. TODAY ALL OPTIONS ON THE LBMA/LONDON BOARD HAVE EXPIRED.

RESULT: A TINY SIZED RISE IN OI COMEX  WITH THE  8 CENT PRICE GAIN.  OUR BANKERS COULD NOT COVER ANY OF THEIR HUGE SHORTFALL.

 In ounces, the OI is still represented by just UNDER 1 BILLION oz i.e.  0.981 BILLION TO BE EXACT or 140{5f621241b214ad2ec6cd4f506191303eb2f57539ef282de243c880c2b328a528} of annual global silver production (ex Russia & ex China).

FOR THE NEW FRONT OCT MONTH/ THEY FILED: 427 NOTICE(S) FOR 2,135,000  OZ OF SILVER

In gold, the open interest SURPRISINGLY ROSE BY A HUGE 9,033 CONTRACTS DESPITE THE SMALL RISE IN PRICE OF GOLD ($5.30) .  The new OI for the gold complex rests at 528,459. NO DOUBT MANY OF THE PAPER LONGS THAT RECEIVED THEIR NOV. EFP’S SOLD AND BOUGHT NOVEMBER AND DECEMBER GOLD COMEX CONTRACTS AS THEY  CONTINUE WITH THEIR PAPER GAME.

Result: A HUGE SIZED  INCREASE IN OI DESPITE THE SMALL RISE IN PRICE IN GOLD ($5.30). IT SEEMS THAT OUR PAPER EFP’S SOLD LONDON AND BOUGHT BACK COMEX NOVEMBER AND DECEMBER COMEX CONTRACTS.

we had: 523 notice(s) filed upon for 52,300  oz of gold.

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

GLD:

No change in inventory at the GLD/

Inventory rests tonight: 850.77 tonnes.

SLV

STRANGE:  WITH SILVER UP THESE PAST TWO TRADING DAYS WE HAD A BIG WITHDRAWAL IN SILVER INVENTORY AT THE SLV:  1.133 MILLION OZ

INVENTORY RESTS AT 319.155 MILLION OZ

end

.

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

1. Today, we had the open interest in silver  ROSE  BY A TINY 451 contracts from 195,983  UP TO 196,434(AND now A LITTLE CLOSER TO THE NEW COMEX RECORD SET ON FRIDAY/APRIL 21/2017 AT 234,787) .  OUR BANKERS WERE AGAIN UNSUCCESSFUL IN THEIR ATTEMPT TO COVER ANY OF THEIR SILVER SHORTS.

RESULT:  A SMALL SIZED INCREASE IN SILVER OI AT THE COMEX WITH THE 8 CENT GAIN 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

(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 MONDAY night/TUESDAY morning: Shanghai closed UP 3.00 points or .09{5f621241b214ad2ec6cd4f506191303eb2f57539ef282de243c880c2b328a528} /Hang Sang CLOSED DOWN 90.65 pts or 0.32{5f621241b214ad2ec6cd4f506191303eb2f57539ef282de243c880c2b328a528} / The Nikkei closed UP 0.06 POINTS OR 0.00/Australia’s all ordinaires CLOSED DOWN 0.12{5f621241b214ad2ec6cd4f506191303eb2f57539ef282de243c880c2b328a528}/Chinese yuan (ONSHORE) closed UP  at 6.6315/Oil UP to 54.02 dollars per barrel for WTI and 60.86 for Brent. Stocks in Europe OPENED IN THE GREEN  .  ONSHORE YUAN CLOSED UP AGAINST THE DOLLAR AT 6.6315. OFFSHORE YUAN CLOSED AT VALUE OF THE ONSHORE YUAN AT 6.6335 AND //ONSHORE YUAN  STRONGER AGAINST THE DOLLAR/OFF SHORE STRONGER TO THE DOLLAR/. THE DOLLAR (INDEX) IS STRONGER AGAINST ALL MAJOR CURRENCIES. CHINA IS NOT HAPPY TODAY

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