by Harvey Organ, Harvey Organ Blog:
GOLD UP $5.20 TO $1672.95//SILVER IS UP 10 CENTS TO $1960//PLATINUM IS DOWN $11.00 TO $907.40//PALLADIUM IS UP $47.90 TO $2171.65//JAPAN’S CENTRAL BANK INTERVENES TO STOP THE BLEEDING FROM A FALLING YEN//FOR THE PAST TWO DAYS THERE HAVE BEEN ZERO SALES ON THE 10 YR JAPANESE BOND//FRANCE NATIONALIZES A STRUGGLING NUCLEAR UTILITY//SWITZERLAND AND THE BANK OF ENGLAND RAISE RATES BY 75 BASIS POINTS//RUSSIA RESTRICTS YOUNG MEN FROM LEAVING THE COUNTRY AHEAD OF CALLUP OF RESERVISTS//UKRAINE THREATENS A JAIL SENTENCE OF 5 YEARS IF THEY VOTE IN THE REFERENDUM//RUSSIA WARNS THAT THEY MAY USE LIMITED NUCLEAR WEAPONS IF THEY DO NOT GET THEIR WAY//IRAN HAS THEIR 5TH DAY IN A ROW OF PROTESTS AS FEMALE CITIZENS ARE ANGRY AT PUNISHMENT FOR NOT WEARING A HIJAB
TRUTH LIVES on at https://sgtreport.tv/
GOLD PRICE CLOSE: UP $5.20 to $1672.95
SILVER PRICE CLOSE: UP 10 cents to $19.60
Access prices: closes
Gold ACCESS CLOSE 1671.50
Silver ACCESS CLOSE: 19.62
Bitcoin morning price: $19,100 down $34
Bitcoin: afternoon price: $19,484 UP $350
Platinum price closing DOWN $2.75 AT $918.40
Palladium price; closing DOWN $23.55 at $2123.75
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: 1,664.600000000 USD
INTENT DATE: 09/21/2022 DELIVERY DATE: 09/23/2022
FIRM ORG FIRM NAME ISSUED STOPPED
323 C HSBC 4
624 H BOFA SECURITIES 34
657 C MORGAN STANLEY 9
661 C JP MORGAN 510 456
686 C STONEX FINANCIA 1
709 C BARCLAYS 243
737 C ADVANTAGE 6 4
880 H CITIGROUP 299
905 C ADM 30
TOTAL: 798 798
MONTH TO DATE: 8,573
________________________________________________________________
GOLD: NUMBER OF NOTICES FILED FOR SEPT CONTRACT:
798 NOTICES FOR 79,800 OZ //2.4821 TONNES
total notices so far: 8573 contracts for 857,300 oz (26.665 tonnes)
SILVER NOTICES: 107 NOTICES FILED FOR 535,000 OZ/
total number of notices filed so far this month 6595 : for 32,975,000 oz
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 UP $5.20
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 WITHDRAWAL OF 5.79 TONNES FROM THE GLD/
INVENTORY RESTS AT 952.16 TONNES
Silver//SLV
WITH NO SILVER AROUND AND SILVER UP $.10
AT THE SLV// ://GIGANTIC CHANGES IN SILVER INVENTORY AT THE SLV//: A WITHDRAWAL OF OF 0.691 MILLION OZ INTO THE SLV//
INVESTORS ARE SWITCHING SLV TO SPROTT’S PSLV
CLOSING INVENTORY: 481.424 MILLION OZ
Let us have a look at the data for today
SILVER//OUTLINE
SILVER COMEX OI FELL BY A FAIR SIZED 403 CONTRACTS TO 131.704 AND FURTHER FROM THE NEW RECORD OF 244,710, SET FEB 25/2020 AND THE FAIR LOSS IN COMEX OI WAS ACCOMPLISHED DESPITE OUR $0.33 GAIN IN SILVER PRICING AT THE COMEX ON WEDNESDAY. OUR BANKERS WERE UNSUCCESSFUL IN KNOCKING THE PRICE OF SILVER DOWN (IT ROSE BY $0.33) AND WERE UNSUCCESSFUL IN KNOCKING OFF ANY SPEC SILVER LONGS AS WE HAD A SMALL GAIN OF 98 CONTRACTS ON OUR TWO EXCHANGES. WE DID HAVE A STRONG SILVER SHORT COVERING. THE SPECS ARE FLEEING AS FAST AS THEIR LITTLE FEET WILL CARRY THEM.
WE MUST HAVE HAD:
I) STRONG SPECULATOR SHORT COVERING ////CONTINUED BANKER OI COMEX ADDITIONS /. II) WE ALSO HAD SOME REDDIT RAPTOR BUYING//. iii) A FAIR ISSUANCE OF EXCHANGE FOR PHYSICALS iiii) AN INITIAL SILVER STANDING FOR COMEX SILVER MEASURING AT 3.855 MILLION OZ FOLLOWED BY TODAY’S 95,000 OZ QUEUE JUMP / // V) SMALL SIZED COMEX OI LOSS/(//CONSIDERABLE SPEC LIQUIDATION/)
I AM NOW RECORDING THE DIFFERENTIAL IN OI FROM PRELIMINARY TO FINAL: -49
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 15 days, total 12,205 contracts: 61.045 million oz OR 4.069 MILLION OZ PER DAY. (814 CONTRACTS PER DAY)
TOTAL EFP’S FOR THE MONTH SO FAR: 61.045 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. 61.045 MILLION OZ///
RESULT: WE HAD A FAIR SIZED DECREASE IN COMEX OI SILVER COMEX CONTRACTS OF 403 DESPITE OUR $0.33 GAIN IN SILVER PRICING AT THE COMEX// WEDNESDAY.,. THE CME NOTIFIED US THAT WE HAD A FAIR SIZED EFP ISSUANCE CONTRACTS: 452 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// CONSIDERABLE NET SPEC SHORT COVERINGS /// WE HAVE A GOOD INITIAL SILVER OZ STANDING FOR AUGUST. OF 3.855 MILLION OZ FOLLOWED BY TODAY’S 95,000 OZ QUEUE JUMP // .. WE HAD A SMALL SIZED GAIN OF 49 OI CONTRACTS ON THE TWO EXCHANGES FOR 0.245MILLION OZ AS..THE SPECS STILL ARE BEING SENT TO THE SLAUGHTER HOUSE.
Read More @ HarveyOrganBlog.com
