by Harvey Organ, Harvey Organ Blog:
GOLD CLOSED UP $28.65 TO $1722.05//SILVER CLOSED UP 51 CENTS TO $21.04//PLATINUM CLOSED UP $29.10 TO $931.70//PALLADIUM CLOSED UP $68.85//IMPORTANT READS: MATHEW PIEPENBURG//MALINEN: BANKING CRISIS UPON US//UK MORTGAGE REPAYMENT SCHEDULE MUCH HIGHER DUE TO INTEREST RATE RISES//UK PROPERTY FUNDS HALT REDEMPTIONS DUE TO ILLIQUIDITY//UK CHANCELLOR INCREASES HIS PURCHASES OF GILTS AS THE BRITISH ECONOMY CONTINUES TO FALTER//FLORIDA’S ORANGES CROP A DISASTER
TRUTH LIVES on at https://sgtreport.tv/
GOLD PRICE CLOSE: UP $28.65 to $1722.05
SILVER PRICE CLOSE: UP $0.51 to $21.04
Access prices: closes
Gold ACCESS CLOSE 1726.20
Silver ACCESS CLOSE: 21.07
New: early yesterday morning//very ominous:
On Monday, October 3, 2022 at 12:15 p.m., a meeting of the Board of Governors of the Federal Reserve System was held under expedited procedures, as set forth in section 261b.7 of the Board’s Rules Regarding Public Observation of Meetings, at the Board’s offices at 20th and C Streets, N.W., Washington, D.C. and by audio/video conference call, to consider the following matters of official Board business.
Bitcoin morning price: $19,945 UP 454
Bitcoin: afternoon price: $20,078 up 587
Platinum price closing UP 29.10 AT $931.70
Palladium price; closing UP $68.85 at $2309/85
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: OCTOBER 2022 COMEX 100 GOLD FUTURES
SETTLEMENT: 1,692.900000000 USD
INTENT DATE: 10/03/2022 DELIVERY DATE: 10/05/2022
FIRM ORG FIRM NAME ISSUED STOPPED
072 C GOLDMAN 4
118 C MACQUARIE FUT 6
323 H HSBC 25
624 C BOFA SECURITIES 7
624 H BOFA SECURITIES 7
657 C MORGAN STANLEY 5 20
657 H MORGAN STANLEY 3
661 C JP MORGAN 123
686 H STONEX FINANCIA 155
732 C RBC CAP MARKETS 5 3
800 C MAREX SPEC 39 27
845 C GOLDMAN SACHS C 1
880 C CITIGROUP 11 33
880 H CITIGROUP 36
TOTAL: 255 255
MONTH TO DATE: 20,896
JPMORGAN STOPPED 123/255
GOLD: NUMBER OF NOTICES FILED FOR OCT CONTRACT: 255
255 NOTICES FOR 25500 OZ //.7932 TONNES
total notices so far: 20,896 contracts for 2,089,600 oz (64.995 tonnes)
SILVER NOTICES: 24 NOTICES FILED FOR 120,000 OZ/
total number of notices filed so far this month 82 : for 410,000 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 UP $28.85
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 3,19
TONNES FROM THE GLD/
INVENTORY RESTS AT 942.89 TONNES
Silver//SLV
WITH NO SILVER AROUND AND SILVER UP $0.51
AT THE SLV// ://NO CHANGES IN SILVER INVENTORY AT THE SLV//:
INVESTORS ARE SWITCHING SLV TO SPROTT’S PSLV
CLOSING INVENTORY: 480.917 MILLION OZ
Let us have a look at the data for today
SILVER//OUTLINE
SILVER COMEX OI ROSE BY A GIGANTIC SIZED 2,697 CONTRACTS TO 30,079 AND CLOSER TO THE RECORD HIGH OI OF 244,710, SET FEB 25/2020 AND THE HUGE GAIN IN COMEX OI WAS ACCOMPLISHED WITH OUR HUGE $1.46 GAIN IN SILVER PRICING AT THE COMEX ON MONDAY. OUR BANKERS WERE UNSUCCESSFUL IN KNOCKING THE PRICE OF SILVER DOWN (IT ROSE BY $1.46) AND WERE UNSUCCESSFUL IN KNOCKING OFF ANY SPEC SILVER LONGS AS WE HAD AN ATMOSPHERIC GAIN OF 5832 CONTRACTS ON OUR TWO EXCHANGES. WE DID HAVE ATTEMPTED SPEC SHORT COVERINGS WITH THE BANKERS CONTINUALLY ON THE BUY SIDE ALONG WITH NEWBIE SPEC LONGS.
WE MUST HAVE HAD:
I) CONTINUAL SPECULATOR SHORT COVERINGS ////CONTINUED BANKER OI COMEX ADDITIONS ///NEWBIE SPEC LONG ADDITIONS. II) WE ALSO HAD SOME REDDIT RAPTOR BUYING//. iii) A GIGANTIC ISSUANCE OF EXCHANGE FOR PHYSICALS iiii) AN INITIAL SILVER STANDING FOR COMEX SILVER MEASURING AT 1.580 MILLION OZ FOLLOWING A 200,000 OZ QUEUE JUMP / // V) GIGANTIC SIZED COMEX OI GAIN/
I AM NOW RECORDING THE DIFFERENTIAL IN OI FROM PRELIMINARY TO FINAL: –77
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 2 days, total 3108 contracts: 15.540 million oz OR 5.180MILLION OZ PER DAY. (1036 CONTRACTS PER DAY)
TOTAL EFP’S FOR THE MONTH SO FAR: 15.54 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. 74.025 MILLION OZ///FINAL
OCT. 15.54 MILLION OZ INITIAL
RESULT: WE HAD A GIGANTIC SIZED INCREASE IN COMEX OI SILVER COMEX CONTRACTS OF 2697 WITH OUR STRONG $1.46 GAIN IN SILVER PRICING AT THE COMEX// MONDAY.,. THE CME NOTIFIED US THAT WE HAD A GIGANTIC SIZED EFP ISSUANCE CONTRACTS: 3058 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: /HUGE BANKER ADDITIONS A// ATTEMPTED SHORT LIQUIDATIONS//INITIAL NEWBIE SPEC LONG ADDITIONS// /// WE HAVE A GOOD INITIAL SILVER OZ STANDING FOR OCT. OF 1.580 MILLION OZ FOLLOWED BY TODAY’S 200,000 QUEUE JUMP .. WE HAD A GIGANTIC SIZED GAIN OF 5832 OI CONTRACTS ON THE TWO EXCHANGES FOR 29.160MILLION OZ..
Read More @ HarveyOrganBlog.com
