by Harvey Organ, Harvey Organ Blog:
OPTIONS EXPIRY ENDS ON MONDAY AND THUS YOUR USUAL AND CUSTOMARY RAID ON OUR PRECIOUS METALS: GOLD CLOSED DOWN $19.70 TO $1641.70//SILVER WAS DOWN $.35 TO $19.18//PLATINUM WAS DOWN $17.60 TO $946.50//PALLADIUM WAS DOWN $41.85 TO $1902.05//COVID UPDATES: DR PAUL ALEXANDER//VACCINE IMPACT//ELON MUSK TAKES OVER TWITTER AND FIRES THE UPPER ECHELON OVER THERE AND RESTORES ALL OF THOSE WHO HAD A LIFETIME BAN//RUSSIA WARNS THE WEST THAT NON MILITARY SATELLITES ARE NOW LEGITIMATE TARGETS: E.G.MUS’S STARLINK//FINDLAND WILLING TO HOST NUCLEAR WEAPONS ON ITS BORDER WITH RUSSIA (A DUMB MOVE)//ISRAEL ATTACKS IRANIAN ASSETS INSIDE SYRIA AGAIN//USA CITIZENS SAVINGS RATE PLUMMETS
TRUTH LIVES on at https://sgtreport.tv/
GOLD PRICE CLOSE: DOWN $19.70 to $1641.40
SILVER PRICE CLOSE: DOWN $0.35 to $19.18
Access prices: closes : 4: 15 PM
Gold ACCESS CLOSE 1644.10
Silver ACCESS CLOSE: 19.24
New: early yesterday morning//
Bitcoin morning price: $20,727 DOWN 100
Bitcoin: afternoon price: $20,576 DOWN 251
Platinum price closing DOWN $17.60 AT $946.50
Palladium price; closing DOWN $41.85 at $1905.05
END
OPTIONS EXPIRY IN LONDON IS OTHER OF MONDAY. THUS THE REASON FOR THE RAID TODAY.
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: 2236.47 DOLLARS DOWN 17.47 CDN DOLLARS PER OZ
BRITISH GOLD: 1416.16 POUNDS PER OZ DOWN 17.47 POUNDS PER OZ
EURO GOLD: 1650.58 EUROS PER OZ DOWN 16.78 EUROS PER OZ.
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EXCHANGE: COMEX
EXCHANGE: COMEX
CONTRACT: OCTOBER 2022 COMEX 100 GOLD FUTURES
SETTLEMENT: 1,660.700000000 USD
INTENT DATE: 10/27/2022 DELIVERY DATE: 10/31/2022
FIRM ORG FIRM NAME ISSUED STOPPED
132 C SG AMERICAS 16
323 C HSBC 272
435 H SCOTIA CAPITAL 261
624 H BOFA SECURITIES 1055
657 C MORGAN STANLEY 1
661 C JP MORGAN 113 2
732 C RBC CAP MARKETS 57
880 C CITIGROUP 1
880 H CITIGROUP 1195
991 H CME 1
TOTAL: 1,487 1,487
JPMORGAN STOPPED 2/1487
GOLD: NUMBER OF NOTICES FILED FOR OCT CONTRACT: 1487 NOTICES FOR 148,700 OZ or 4.6251 TONNES
total notices so far: 24,881 contracts for 2,488,100 oz (77.390 tonnes)
SILVER NOTICES: 27 NOTICE(S) FILED FOR 135000 OZ/
total number of notices filed so far this month 716 : for 3,580,000 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 $19.70
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 BIG CHANGE IN GLD INVENTORY: A WITHDRAWAL OF 3.19 TONNES FROM THE GLD// /INVENTORY LOWERS TO 925.20 TONNES
INVENTORY RESTS AT 928.39 TONNES
Silver//SLV
WITH NO SILVER AROUND AND SILVER DOWN 35 CENTS
AT THE SLV// :/SMALL CHANGES IN SILVER INVENTORY AT THE SLV: A DEPOSIT OF OF .276 MILLION OZ INTO THE SLV
INVESTORS ARE SWITCHING SLV TO SPROTT’S PSLV
CLOSING INVENTORY: 484.367 MILLION OZ
Let us have a look at the data for today
SILVER//OUTLINE
SILVER COMEX OI ROSE BY A TINY SIZED 58 CONTRACTS TO 139,885 AND CLOSER TO THE RECORD HIGH OI OF 244,710, SET FEB 25/2020 AND THE TINY GAIN IN COMEX OI WAS ACCOMPLISHED WITH OUR SMALL $0.03 GAIN IN SILVER PRICING AT THE COMEX ON THURSDAY. OUR BANKERS/HFT WERE UNSUCCESSFUL IN KNOCKING THE PRICE OF SILVER DOWN (IT ROSE BY $0.03)., AND WERE UNSUCCESSFUL IN KNOCKING OFF ANY SPEC LONGS, AS WE HAD A VERY STRONG GAIN IN OUR TWO EXCHANGE OF 868 CONTRACTS. HUGE 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 STRONG SHORT ADDITIONS ////CONTINUED BANKER OI COMEX ADDITIONS /// CONSIDERABLE NEWBIE SPEC LONG 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 1.580 MILLION OZ FOLLOWING A ZERO OZ QUEUE. JUMP / // V) TINY SIZED COMEX OI GAIN/
I AM NOW RECORDING THE DIFFERENTIAL IN OI FROM PRELIMINARY TO FINAL: +15
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 22 days, total 57,895 contracts: 28.947 million oz OR 1.315MILLION OZ PER DAY. (263 CONTRACTS PER DAY)
TOTAL EFP’S FOR THE MONTH SO FAR: 28.947 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. 28.947 MILLION OZ INITIAL
RESULT: WE HAD A TINY SIZED INCREASE IN COMEX OI SILVER COMEX CONTRACTS OF 58WITH OUR $0.03 GAIN IN SILVER PRICING AT THE COMEX// THURSDAY.,. THE CME NOTIFIED US THAT WE HAD A VERY STRONG SIZED EFP ISSUANCE CONTRACTS: 825 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 ZERO OZ QUEUE JUMP .. WE HAD A VERY STRONG SIZED GAIN OF 883 OI CONTRACTS ON THE TWO EXCHANGES FOR 4.415 MILLION OZ..
WE HAD 27 NOTICE(S) FILED TODAY FOR 135,000 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 FAIR SIZED 2992 CONTRACTS TO 460,721 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 -850 CONTRACTS.
.
THE FAIR SIZED INCREASE IN COMEX OI CAME DESPITE OUR FALL IN PRICE OF $3.80//COMEX GOLD TRADING/THURSDAY // ZERO SPECULATOR SHORT COVERINGS ACCOMPANYING OUR FAIR SIZED EXCHANGE FOR PHYSICAL ISSUANCE./. WE HAD ZERO LONG LIQUIDATION AND CONSIDERABLE SPEC SHORT ADDITIONS BUT MINOR 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 41,100 OZ//NEW STANDING 77.390TONNES (QUEUE JUMPING = EXERCISING LONDON BASED EFP’S WILL CONTINUE UNTIL MONTH’S END)
YET ALL OF..THIS HAPPENED WITH OUR FALL IN PRICE OF $3.80 WITH RESPECT TO THURSDAY’S TRADING
WE HAD A VERY STRONG SIZED GAIN OF 8860 OI CONTRACTS 27.558 PAPER TONNES) ON OUR TWO EXCHANGES..
E.F.P. ISSUANCE
THE CME RELEASED THE DATA FOR EFP ISSUANCE AND IT TOTALED A STRONG SIZED 5868 CONTRACTS:
The NEW COMEX OI FOR THE GOLD COMPLEX RESTS AT 460,721
IN ESSENCE WE HAVE A VERY STRONG SIZED INCREASE IN TOTAL CONTRACTS ON THE TWO EXCHANGES OF 8860 CONTRACTS WITH 2992 CONTRACTS INCREASED AT THE COMEX AND 3842 EFP OI CONTRACTS WHICH NAVIGATED OVER TO LONDON. THUS TOTAL OI GAIN ON THE TWO EXCHANGES OF 8860 CONTRACTS OR 30.202 TONNES.
CALCULATIONS ON GAIN/LOSS ON OUR TWO EXCHANGES
WE HAD A STRONG SIZED ISSUANCE IN EXCHANGE FOR PHYSICALS (5869) ACCOMPANYING THE FAIR SIZED GAIN IN COMEX OI (2992): TOTAL GAIN IN THE TWO EXCHANGES 8860 CONTRACTS. WE NO DOUBT HAD 1) STRONG SPECULATOR SHORT ADDITIONS// CONTINUED GOOD BANKER ADDITIONS/// ZERO SPEC SHORT COVERINGS// CONSIDERABLE NEWBIE SPEC ADDITIONS ,2.) STRONG INITIAL STANDING AT THE GOLD COMEX FOR OCT. AT 66.099 TONNES FOLLOWED BY TODAY’S HUGE 41,100 OZ QUEUE JUMP ///NEW STANDING 77.390 TONNES//. 3) ZERO LONG LIQUIDATION //// //.,4) FAIR SIZED COMEX OPEN INTEREST GAIN 5) STRONG ISSUANCE OF EXCHANGE FOR PHYSICAL/
HISTORICAL ACCUMULATION OF EXCHANGE FOR PHYSICALS IN 2022 INCLUDING TODAY
OCT
ACCUMULATION OF EFP’S GOLD AT J.P. MORGAN’S HOUSE OF BRIBES: (EXCHANGE FOR PHYSICAL) FOR THE MONTH OF OCT. :
55,398 CONTRACTS OR 5,539,800 OZ OR 172.311 TONNES 22 TRADING DAY(S) AND THUS AVERAGING: 2518 EFP CONTRACTS PER TRADING DAY
TO GIVE YOU AN IDEA AS TO THE SIZE OF THESE EFP TRANSFERS : THIS MONTH IN 22 TRADING DAY(S) IN TONNES: 172.311 TONNES
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