by Harvey Organ, Harvey Organ Blog:
FALLOUT FROM YESTERDAY’S B.O.E. PIVOT CONTINUES TO REVERBERATE AROUND THE GLOBE WITH STOCK MARKETS PLUNGING//GOLD CLOSED DOWN $.85 TO $1660.35 AND SILVER DOWN 15 CENTS TO $18.76 WITH OPTIONS EXPIRY TOMORROW//USA GIVES ANOTHER $1.1 BILLION IN ARMS TO UKRAINE//COVID UPDATES: DR PAUL ALEXANDER//VACCINE IMPACT//VACCINE INJURY//UPDATES ON THE EXPLOSIONS AT NORDSTREAM ONE AND TWO//UPDATES ON HURRICANE IAN
TRUTH LIVES on at https://sgtreport.tv/
GOLD PRICE CLOSE: DOWN $0.85 to $1660.35
SILVER PRICE CLOSE: DOWN 15 cents to $18.76
Access prices: closes
Gold ACCESS CLOSE 1660.60
Silver ACCESS CLOSE: 18.91
OPTIONS EXPIRY TOMORROW
THEN GOLD AND SILVER WILL EXPLODE
Bitcoin morning price: $19479 DOWN 13
Bitcoin: afternoon price: $19,432 DOWN 60
Platinum price closing UP $2.10 AT $866,90
Palladium price; closing UP $62,55 at $2215,20
END
DONATE
Click here if you wish to send a donation. I sincerely appreciate it as this site takes a lot of preparation.
EXCHANGE: COMEX
EXCHANGE: COMEX
CONTRACT: SEPTEMBER 2022 COMEX 100 GOLD FUTURES
SETTLEMENT: 1,660.400000000 USD
INTENT DATE: 09/28/2022 DELIVERY DATE: 09/30/2022
FIRM ORG FIRM NAME ISSUED STOPPED
132 C SG AMERICAS 12
435 H SCOTIA CAPITAL 10
624 H BOFA SECURITIES 234
657 C MORGAN STANLEY 2
661 C JP MORGAN 151
880 H CITIGROUP 95
905 C ADM 8
TOTAL: 256 256
MONTH TO DATE: 12,269
JPMORGAN STOPPED
GOLD: NUMBER OF NOTICES FILED FOR SEPT CONTRACT:
256 NOTICES FOR 25600 OZ //0.7962 TONNES
total notices so far: 12,269 contracts for 1,226,900 oz (38.162 tonnes)
SILVER NOTICES: 21 NOTICES FILED FOR 105,000 OZ/
total number of notices filed so far this month 6805 : for 34,025,000 oz
END
Russia is a major supplier of silver to London while Mexico supplies the COMEX
With the sanctions, London has no way to obtain silver other than compete with NY.
GLD
WITH GOLD DOWN $.85
WITH RESPECT TO GLD WITHDRAWALS: (OVER THE PAST FEW MONTHS):
GOLD IS “RETURNED” TO THE BANK OF ENGLAND WHEN CALLING IN THEIR LEASES: THE GOLD NEVER LEAVES THE BANK OF ENGLAND IN THE FIRST PLACE. THE BANK IS PROTECTING ITSELF IN CASE OF COMMERCIAL FAILURE
ALSO INVESTORS SWITCHING TO SPROTT PHYSICAL (PHYS) INSTEAD OF THE FRAUDULENT GLD//
BIG CHANGES IN GOLD INVENTORY AT THE GLD: //// A DEPOSIT OF 3.30
TONNES FROM THE GLD/
INVENTORY RESTS AT 940.86 TONNES
Silver//SLV
WITH NO SILVER AROUND AND SILVER DOWN 15 CENTS
AT THE SLV// ://BIG CHANGES IN SILVER INVENTORY AT THE SLV//: A WITHDRAWAL OF OF 0.645 MILLION OZ INTO THE SLV//
INVESTORS ARE SWITCHING SLV TO SPROTT’S PSLV
CLOSING INVENTORY: 479.904 MILLION OZ
Let us have a look at the data for today
SILVER//OUTLINE
SILVER COMEX OI ROSE BY A STRONG SIZED 709 CONTRACTS TO 129,709 AND CLOSER TO THE NEW RECORD HIGH OI OF 244,710, SET FEB 25/2020 AND THE STRONG GAIN IN COMEX OI WAS ACCOMPLISHED WITH OUR $0.32 GAIN IN SILVER PRICING AT THE COMEX ON WEDNESDAY. OUR BANKERS WERE UNSUCCESSFUL IN KNOCKING THE PRICE OF SILVER DOWN (IT ROSE BY $0.32) BUT WERE UNSUCCESSFUL IN KNOCKING OFF SOME SPEC SILVER LONGS AS WE HAD A GIGANTIC GAIN OF1538 CONTRACTS ON OUR TWO EXCHANGES. WE DID HAVE ATTEMPTED SPEC SHORT COVERINGS WITH THE BANKERS CONTINUALLY ON THE BUY SIDE.
WE MUST HAVE HAD:
I) CONTINUAL SPECULATOR SHORT COVERINGS ////CONTINUED BANKER OI COMEX ADDITIONS /. II) WE ALSO HAD SOME REDDIT RAPTOR BUYING//. iii) A STRONG ISSUANCE OF EXCHANGE FOR PHYSICALS iiii) AN INITIAL SILVER STANDING FOR COMEX SILVER MEASURING AT 3.855 MILLION OZ FOLLOWED BY TODAY’S 15,000 OZ QUEUE JUMP / // V) STRONG SIZED COMEX OI GAIN/
I AM NOW RECORDING THE DIFFERENTIAL IN OI FROM PRELIMINARY TO FINAL: –59
HISTORICAL ACCUMULATION OF EXCHANGE FOR PHYSICALS SEPT. ACCUMULATION FOR EFP’S SILVER/JPMORGAN’S HOUSE OF BRIBES/STARTING FROM FIRST DAY/MONTH OF SEPT:
TOTAL CONTRACTS for 20 days, total 14,630 contracts: 73.150 million oz OR 3.670 MILLION OZ PER DAY. (732 CONTRACTS PER DAY)
TOTAL EFP’S FOR THE MONTH SO FAR: 73.150 MILLION OZ
.
LAST 17 MONTHS TOTAL EFP CONTRACTS ISSUED IN MILLIONS OF OZ:
MAY 137.83 MILLION
JUNE 149.91 MILLION OZ
JULY 129.445 MILLION OZ
AUGUST: MILLION OZ 140.120
SEPT. 28.230 MILLION OZ//
OCT: 94.595 MILLION OZ
NOV: 131.925 MILLION OZ
DEC: 100.615 MILLION OZ
JAN 2022// 90.460 MILLION OZ
FEB 2022: 72.39 MILLION OZ//
MARCH: 207.430 MILLION OZ//A NEW RECORD FOR EFP ISSUANCE
APRIL: 114.52 MILLION OZ FINAL//LOW ISSUANCE
MAY: 105.635 MILLION OZ//
JUNE: 94.470 MILLION OZ
JULY : 87.110 MILLION OZ
AUGUST: 65.025 MILLION OZ
SEPT. 73.150 MILLION OZ///
RESULT: WE HAD A STRONG SIZED INCREASE IN COMEX OI SILVER COMEX CONTRACTS OF 709 WITH OUR $0.32 GAIN IN SILVER PRICING AT THE COMEX// TUESDAY.,. THE CME NOTIFIED US THAT WE HAD A STRONG SIZED EFP ISSUANCE CONTRACTS: 770 CONTRACTS ISSUED FOR DEC AND 0 CONTRACTS ISSUED FOR ALL OTHER MONTHS) WHICH EXITED OUT OF THE SILVER COMEX TO LONDON AS FORWARDS THE DOMINANT FEATURE TODAY: /GOOD BANKER ADDITIONS A// NET SPEC SHORT LIQUIDATIONS /// WE HAVE A GOOD INITIAL SILVER OZ STANDING FOR AUGUST. OF 3.855 MILLION OZ FOLLOWED BY TODAY’S 15,000 OZ QUEUE JUMP // .. WE HAD A GIGANTIC SIZED GAIN OF 1479 OI CONTRACTS ON THE TWO EXCHANGES FOR 7.395MILLION OZ..
Read More @ HarveyOrganBlog.com
