by Harvey Organ, Harvey Organ Blog:
BANKERS DEMAND GOLD FROM THEIR SPECULATOR SHORTS AND THAT PROPELS BOTH GOLD AND SILVER: GOLD CLOSED UP $34.40 TO $1712.15//SILVER CLOSED UP 41 CENTS TO $21.34//PLATINUM RISES A STRONG $15.95 TO $997.95//PALLADIUM IS UP $26.65// COVID UPDATES//VACCINE IMPACT//FUNERAL HOMES THROUGHOUT THE GLOBE DOING A HUGE BUSINESS BUT INSURANCE COMPANIES GETTING KILLED DUE TO COVID INJURY DEATHS (ALEX BERENSON)//GOOD COMMENTARY OF IVERMECTIN//GOOD COMMENTARY FROM AMBROSE EVAN PRITCHARD//CHINA’S ECONOMY SUDDENLY CONTRACTS HUGELY AS BOTH IMPORTS AND EXPORTS PLUMMET//EUROPEANS ARE IN BIG TROUBLE COPING WITH ELECTRICITY AND GAS BILLS (COMMENTARY: MY EUROPE)//POLAND WANTS THE MONEY IT IS OWED, IF THEY DO NOT GET IT PREPARE FOR A POLEXIT//ENGLAND PREPARES FOR A STEALTH TAX BY NOT INDEXING PENSIONS (THEY ARE FROZEN UNTIL 2026)//USA ELECTION RESULTS WILL BE BROUGHT TO YOU TOMORROW
TRUTH LIVES on at https://sgtreport.tv/
GOLD PRICE CLOSE: UP $34.40 to $1712.15
SILVER PRICE CLOSE: UP $0.48 to $21.34
Access prices: closes : 4: 15 PM
Gold ACCESS CLOSE 1713.00
Silver ACCESS CLOSE: 21.37
New: early yesterday morning//
Bitcoin morning price: $19,710 DOWN 199
Bitcoin: afternoon price: $18,193 DOWN 1716
Platinum price closing UP $15.95 AT $997,45
Palladium price; closing UP $26.65 at $1928.30
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: 2300.20 DOLLARS UP 41,27 CDN DOLLARS PER OZ
BRITISH GOLD: 1483.60 POUNDS PER OZ UP 29.49 POUNDS PER OZ
EURO GOLD: 1700.20 EUROS PER OZ UP 29.01 EUROS PER OZ.
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: NOVEMBER 2022 COMEX 100 GOLD FUTURES
SETTLEMENT: 1,676.500000000 USD
INTENT DATE: 11/07/2022 DELIVERY DATE: 11/09/2022
FIRM ORG FIRM NAME ISSUED STOPPED
190 H BMO CAPITAL 2
323 C HSBC 1
435 H SCOTIA CAPITAL 4
661 C JP MORGAN 7
737 C ADVANTAGE 17 2
800 C MAREX SPEC 3
880 C CITIGROUP 1
880 H CITIGROUP 11
TOTAL: 24 24
MONTH TO DATE: 4,882
JPMORGAN STOPPED 7/24
GOLD: NUMBER OF NOTICES FILED FOR NOV. CONTRACT: 24 NOTICES FOR 2400 OZ or 0.07465 TONNES
total notices so far: 4882 contracts for 488,200 oz (15.1850 tonnes)
SILVER NOTICES: 0 NOTICE(S) FILED FOR nil OZ/
total number of notices filed so far this month 161 : for 805,000 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 $34.40
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 1.47 TONNES FROM THE GLD// /THIS MAKES NO SENSE@@!!!! THIS IS A CRIME SCENE
INVENTORY RESTS AT 905.49 TONNES
Silver//SLV
WITH NO SILVER AROUND AND SILVER UP $0.48
AT THE SLV// :/BIG CHANGES IN SILVER INVENTORY AT THE SLV: A WITHDRAWAL OF OF 1.751 MILLION OZ INTO THE SLV
INVESTORS ARE SWITCHING SLV TO SPROTT’S PSLV
CLOSING INVENTORY: 475.929 MILLION OZ (THIS IS ALSO A CRIME SCENE@!!!!
Let us have a look at the data for today
SILVER//OUTLINE
SILVER COMEX OI FELL BY A GIGANTIC SIZED 1206 CONTRACTS TO 137,332 AND FURTHER FROM THE RECORD HIGH OI OF 244,710, SET FEB 25/2020 AND THE HUGE LOSS IN COMEX OI WAS ACCOMPLISHED DESPITE OUR SMALL $0.12 GAIN IN SILVER PRICING AT THE COMEX ON MONDAY. OUR SHORTERS/HFT WERE UNSUCCESSFUL IN KNOCKING THE PRICE OF SILVER DOWN (IT ROSE BY $0.12)., AND WERE UNSUCCESSFUL IN KNOCKING OFF ANY SPEC LONGS, AS WE HAD A STRONG GAIN IN OUR TWO EXCHANGES OF 603 CONTRACTS. WE HAD A CONSIDERABLE SPEC SHORT COVERING THEIR SHORTFALLS .WE HAD NO SPEC SHORT ADDITIONS AS THE PRICE ESCALATED AWAY FROM THEM CAUSING LOTS OF LOSSES. // OUR BANKERS CONTINUE TO BE PURCHASERS OF NET COMEX LONGS. SOME NEWBIE SPEC LONGS ADDED TO THEIR POSITIONS CAUSING MISERY TO OUR SHORTERS.
WE MUST HAVE HAD:
I) MINOR ATTEMPTED SPECULATOR SHORT COVERINGS WITH HUGE SHORT ADDITIONS ////CONTINUED BANKER OI COMEX ADDITIONS /// SOME NEWBIE SPEC LONG 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 1.045 MILLION OZ FOLLOWED BY TODAY’S 435,000 QUEUE JUMP//NEW STANDING:1.820 MILLION OZ/ / // V) HUGE SIZED COMEX OI LOSS/
I AM NOW RECORDING THE DIFFERENTIAL IN OI FROM PRELIMINARY TO FINAL: -69
HISTORICAL ACCUMULATION OF EXCHANGE FOR PHYSICALS NOV. ACCUMULATION FOR EFP’S SILVER/JPMORGAN’S HOUSE OF BRIBES/STARTING FROM FIRST DAY/MONTH OF NOV:
TOTAL CONTRACTS for 6 days, total 11,754 contracts: 58.770 million oz OR 9.795MILLION OZ PER DAY. (1959 CONTRACTS PER DAY)
TOTAL EFP’S FOR THE MONTH SO FAR: 58.770 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. 29.017 MILLION OZ FINAL
NOV: 58.770 MILLION
RESULT: WE HAD A GIGANTIC SIZED DECREASE IN COMEX OI SILVER COMEX CONTRACTS OF 1206 DESPITE OUR SMALL $0.12 GAIN IN SILVER PRICING AT THE COMEX// MONDAY.,. THE CME NOTIFIED US THAT WE HAD A FAIR SIZED EFP ISSUANCE CONTRACTS: 1934 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 NOV. OF 1.345 MILLION OZ FOLLOWED BY TODAY’S 435,000 QUEUE JUMP/ .. WE HAVE A STRONG SIZED GAIN OF 603 OI CONTRACTS ON THE TWO EXCHANGES FOR 3.015 MILLION OZ.. THE SILVER SHORTS ARE NOW TRAPPED AS THEY ARE HAVING CONSIDERABLE DIFFICULTY IN COVERING THOSE SHORTS ESPECIALLY WITH THE GAIN IN PRICE ON MONDAY.
WE HAD 0 NOTICE(S) FILED TODAY FOR nil 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 STRONG SIZED 5137 CONTRACTS TO 478,215 AND CLOSER TO THE RECORD (SET JAN 24/2020) AT 799,541 AND PREVIOUS TO THAT: (SET JAN 6/2020) AT 797,110.
THE DIFFERENTIAL FROM PRELIMINARY OI TO FINAL OI IN GOLD TODAY: REMOVED -978 CONTRACTS.
.
THE STRONG SIZED INCREASE IN COMEX OI CAME DESPITE OUR RISE IN PRICE OF $2.95//COMEX GOLD TRADING/MONDAY // CONSIDERABLE ATTEMPTED SPECULATOR SHORT COVERINGS TO NO AVAIL//CONSIDERABLE SPEC SHORT ADDITIONS, ACCOMPANYING OUR FAIR SIZED EXCHANGE FOR PHYSICAL ISSUANCE./. WE HAD ZERO LONG LIQUIDATION WITH CONTINUED ADDITIONS TO OUR BANKER LONGS!! THE COMEX WILL BLOW UP AS THE SPECS CANNOT DELIVER GOLD TO OUR BANKER LONGS. WE WITNESSED DAY ONE OF THIS AS EVERYBODY WISHES TO BUY BUT NO SELLERS.
WE ALSO HAD A HUGE INITIAL STANDING IN GOLD TONNAGE FOR NOV. AT 12.386 TONNES ON FIRST DAY NOTICE FOLLOWED BY TODAY’S GOOD 1800 OZ QUEUE JUMP //(QUEUE JUMPING = EXERCISING LONDON BASED EFP’S WILL CONTINUE UNTIL MONTH’S END)
YET ALL OF..THIS HAPPENED WITH OUR RISE IN PRICE OF $2.95 WITH RESPECT TO MONDAY’S TRADING
WE HAD A STRONG SIZED GAIN OF 6093 OI CONTRACTS (18.951 PAPER TONNES) ON OUR TWO EXCHANGES..
E.F.P. ISSUANCE
THE CME RELEASED THE DATA FOR EFP ISSUANCE AND IT TOTALED A FAIR SIZED 1934 CONTRACTS:
The NEW COMEX OI FOR THE GOLD COMPLEX RESTS AT 478,215
IN ESSENCE WE HAVE A STRONG SIZED INCREASE IN TOTAL CONTRACTS ON THE TWO EXCHANGES OF 6093 CONTRACTS WITH 4159 CONTRACTS INCREASED AT THE COMEX (SHORT SPECULATORS FAILING TO GET OUT OF THEIR MESS) AND 1934 EFP OI CONTRACTS WHICH NAVIGATED OVER TO LONDON. THUS TOTAL OI GAIN ON THE TWO EXCHANGES OF 7071 CONTRACTS OR 21.993 TONNES.
Read More @ HarveyOrganBlog.com