by Harvey Organ, Harvey Organ Blog:
GOLD CLOSED UP $3.85 TO $1653.55/SILVER CLOSED UP 14 CENTS TO $19.37//PLATINUM CLOSED DOWN 80 CENTS TO $921.45//PALLADIUM CLOSED DOWN $37.25//COVID AND VACCINE UPDATES//DR PAUL ALEXANDER//VACCINE IMPACT//VACCINE INJURY//PROTESTS GALORE THROUGHOUT EUROPE RE THE ENERGY PRICES//ENERGY UPDATES ,EUROPE//ISRAEL STRIKES IRANIAN DRONE PLANT IN SYRIA//HOME PRICES IN THE USA PLUMMET
TRUTH LIVES on at https://sgtreport.tv/
GOLD PRICE CLOSE: UP $3.85 to $16453.55
SILVER PRICE CLOSE: UP $0.17 to $19.37
Access prices: closes : 4: 15 PM
Gold ACCESS CLOSE 1653.20
Silver ACCESS CLOSE: 19.36
New: early yesterday morning//
Bitcoin morning price: $19,287 DOWN 132
Bitcoin: afternoon price: $20,240 UP 821
Platinum price closing DOWN $0.85 AT $921.45
Palladium price; closing DOWN $37.25 at $1932.50
END
Due to the huge rise in the dollar, we must look at gold and silver in currencies other than the dollar to understand where we are heading
I will now provide gold in Canadian dollars, British pounds and Euros/4: 15 PM ACCESS
CANADIAN GOLD $2248.90 CDN DOLLARS PER OZ DOWN $13.61 CDN DOLLARS
BRITISH GOLD IN POUNDS: 1441,04 POUNDS PER OZ DOWN 19.72 BRITISH POUNDS PER OZ/
EURO GOLD: 1658.69EUROS PER OZ// DOWN 12.30 EUROS PER OZ///
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EXCHANGE: COMEX
EXCHANGE: COMEX
CONTRACT: OCTOBER 2022 COMEX 100 GOLD FUTURES
SETTLEMENT: 1,648.700000000 USD
INTENT DATE: 10/24/2022 DELIVERY DATE: 10/26/2022
FIRM ORG FIRM NAME ISSUED STOPPED
132 C SG AMERICAS 2
435 H SCOTIA CAPITAL 4
880 C CITIGROUP 2
TOTAL: 4 4
MONTH TO DATE: 23,307
JPMORGAN STOPPED 0/4
GOLD: NUMBER OF NOTICES FILED FOR OCT CONTRACT: 4 NOTICES FOR 400 OZ or 0.01264 TONNES
total notices so far: 23,307 contracts for 2,330,700 oz (72.494 tonnes)
SILVER NOTICES: 2 NOTICE(S) FILED FOR 10,000 OZ/
total number of notices filed so far this month 452 : for 2,260,000 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 $3.85
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 SMALL DEPOSIT OF .29 TONNES INTO THE GLD//
INVENTORY RESTS AT 928.39 TONNES
Silver//SLV
WITH NO SILVER AROUND AND SILVER UP 17 CENTS
AT THE SLV// :/BIG CHANGES IN SILVER INVENTORY AT THE SLV//: A HUGE DEPOSIT OF 2.073 MILLION OZ INTO THE SLV
INVESTORS ARE SWITCHING SLV TO SPROTT’S PSLV
CLOSING INVENTORY: 487.683 MILLION OZ
Let us have a look at the data for today
SILVER//OUTLINE
SILVER COMEX OI FELL BY A SMALL SIZED 237 CONTRACTS TO 137,971 AND FURTHER FROM THE RECORD HIGH OI OF 244,710, SET FEB 25/2020 AND THE STRONG GAIN IN COMEX OI WAS ACCOMPLISHED WITH OUR $0.06 GAIN IN SILVER PRICING AT THE COMEX ON MONDAY. OUR BANKERS/HFT WERE UNSUCCESSFUL IN KNOCKING THE PRICE OF SILVER DOWN (IT ROSE BY $0.06)., AND UNSUCCESSFUL IN KNOCKING OFF ANY SPEC LONGS, AS WE HAD A SMALL GAIN IN OUR TWO EXCHANGE OF 159 CONTRACTS. SOME SPECS CONTINUE TO ADD TO THEIR SHORTFALLS FROM WHICH OUR BANKERS CONTINUE TO BE PURCHASERS OF NET COMEX LONGS. SOME SPEC LONGS ADDED TO THEIR POSITIONS
WE MUST HAVE HAD:
I) ZERO SPECULATOR SHORT COVERINGS BUT SOME SHORT ADDITIONS ////CONTINUED BANKER OI COMEX ADDITIONS /// SOME NEWBIE SPEC LONG ADDITIONS. II) WE ALSO HAD SOME REDDIT RAPTOR BUYING//. iii) A SMALL ISSUANCE OF EXCHANGE FOR PHYSICALS iiii) AN INITIAL SILVER STANDING FOR COMEX SILVER MEASURING AT 1.580 MILLION OZ FOLLOWING AN 10,000 OZ QUEUE. JUMP / // V) SMALL SIZED COMEX OI LOSS/
I AM NOW RECORDING THE DIFFERENTIAL IN OI FROM PRELIMINARY TO FINAL: –21
HISTORICAL ACCUMULATION OF EXCHANGE FOR PHYSICALS OCT. ACCUMULATION FOR EFP’S SILVER/JPMORGAN’S HOUSE OF BRIBES/STARTING FROM FIRST DAY/MONTH OF OCT:
TOTAL CONTRACTS for 19days, total 56,255 contracts: 28.113. million oz OR 1.479MILLION OZ PER DAY. (295 CONTRACTS PER DAY)
TOTAL EFP’S FOR THE MONTH SO FAR: 28.113 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. 27.940 MILLION OZ INITIAL
RESULT: WE HAD A SMALL SIZED DECREASE IN COMEX OI SILVER COMEX CONTRACTS OF 237 WITH OUR $0.06 GAIN IN SILVER PRICING AT THE COMEX// MONDAY.,. THE CME NOTIFIED US THAT WE HAD A SMALL SIZED EFP ISSUANCE CONTRACTS: 375 CONTRACTS ISSUED FOR DEC AND 0 CONTRACTS ISSUED FOR ALL OTHER MONTHS) WHICH EXITED OUT OF THE SILVER COMEX TO LONDON AS FORWARDS./ WE HAVE A GOOD INITIAL SILVER OZ STANDING FOR OCT. OF 1.580 MILLION OZ FOLLOWED BY TODAY’S 10,000 QUEUE JUMP .. WE HAD A SMALL SIZED GAIN OF 138 OI CONTRACTS ON THE TWO EXCHANGES FOR 0.690 MILLION OZ..
WE HAD 2 NOTICE(S) FILED TODAY FOR 10,000 OZ
THE SILVER COMEX IS NOW BEING ATTACKED FOR METAL BY LONDONERS ET AL.
GOLD//OUTLINE
IN GOLD, THE COMEX OPEN INTEREST ROSE BY A SMALL SIZED 3259 CONTRACTS TO 444,410 AND CLOSER TO FROM TO THE RECORD (SET JAN 24/2020) AT 799,541 AND PREVIOUS TO THAT: (SET JAN 6/2020) AT 797,110. WE WILL PROBABLY SEE THE COMEX OI FALL TO AROUND 380,000 AS OUR SPECS GET ANNIHILATED.
THE DIFFERENTIAL FROM PRELIMINARY OI TO FINAL OI IN GOLD TODAY: REMOVED -880 CONTRACTS.
.
THE FAIR SIZED INCREASE IN COMEX OI CAME DESPITE OUR SMALL LOSS IN PRICE OF $1.80//COMEX GOLD TRADING/MONDAY // MINOR SPECULATOR SHORT COVERINGS ACCOMPANYING OUR FAIR SIZED EXCHANGE FOR PHYSICAL ISSUANCE./. WE HAD ZERO LONG LIQUIDATION AND CONSIDERABLE SPEC SHORT ADDITIONS BUT MAJOR SPEC SHORT COVERINGS. // CONTINUED ADDITIONS TO OUR BANKER LONGS!! THE COMEX WILL BLOW UP AS THE SPECS CANNOT DELIVER GOLD TO OUR BANKER LONGS.
WE ALSO HAD A HUGE INITIAL STANDING IN GOLD TONNAGE FOR OCT. AT 66.099 TONNES ON FIRST DAY NOTICE FOLLOWED BY TODAY’S QUEUE. JUMP OF 8200 OZ//NEW STANDING 73.679TONNES (QUEUE JUMPING = EXERCISING LONDON BASED EFP’S WILL CONTINUE UNTIL MONTH’S END)
YET ALL OF..THIS HAPPENED WITH OUR LOSS IN PRICE OF $1.80 WITH RESPECT TO MONDAY’S TRADING
WE HAD A GOOD SIZED GAIN OF 5450 OI CONTRACTS 16.95 PAPER TONNES) ON OUR TWO EXCHANGES..
E.F.P. ISSUANCE
THE CME RELEASED THE DATA FOR EFP ISSUANCE AND IT TOTALED A FAIR SIZED 2191 CONTRACTS:
The NEW COMEX OI FOR THE GOLD COMPLEX RESTS AT 444,410
IN ESSENCE WE HAVE A GOOD SIZED INCREASE IN TOTAL CONTRACTS ON THE TWO EXCHANGES OF 5450 CONTRACTS WITH 3259 CONTRACTS DECREASED AT THE COMEX AND 2191 EFP OI CONTRACTS WHICH NAVIGATED OVER TO LONDON. THUS TOTAL OI GAIN ON THE TWO EXCHANGES OF 4570 CONTRACTS OR 14.214 TONNES.
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