by Harvey Organ, Harvey Organ Blog:
GOLD CLOSED DOWN $13.05 TO $1819.55//SILVER CLOSED DOWN 32 CENTS TO $21.30//PLATINUM CLOSED DOWN $7.25 TO $941.00//PALLADIUM TOOK A HUGE HIT DOWN $54.75 TO $1437.20//COVID UPDATES: DR PAUL ALEXANDER//VACCINE IMPACT//SLAY NEWS//RUSSIA VS UKRAINE UPDATES//EAST PALESTINE DIASTER UPDATES//SPAIN RECORDS RECORD NO. OF BANKRUPTCIES IN 2022-2023//FED-EX READY TO STRIKE WHICH WILL HAVE A DRAMATIC EFFECT ON WORLD ECONOMY
TRUTH LIVES on at https://sgtreport.tv/
GOLD PRICE CLOSED: DOWN $13.05 at $1819.55
SILVER PRICE CLOSED: DOWN $0.32 to $21.30
Access prices: closes : 4: 15 PM
Gold ACCESS CLOSE 1822.35
Silver ACCESS CLOSE: 21.32
today is options expiry on comex//feb 28 is options expiry for LBMA/OTC options.
Bitcoin morning price:, 23,818 DOWN 9 Dollars
Bitcoin: afternoon price: $24,011 UP 184 dollars
Platinum price closing $941.00 DOWN $7.25
Palladium price; closing $1437.20 DOWN $54.75
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: $2,469.05 DOWN $6.05 CDN dollars per oz
BRITISH GOLD: 1516.77 UP 1.81 pounds per oz
EURO GOLD: 1719,93 DOWN 2.03 euros per oz
EXCHANGE: COMEX
EXCHANGE: COMEX
CONTRACT: FEBRUARY 2023 COMEX 100 GOLD FUTURES
SETTLEMENT: 1,832.000000000 USD
INTENT DATE: 02/22/2023 DELIVERY DATE: 02/24/2023
FIRM ORG FIRM NAME ISSUED STOPPED
118 C MACQUARIE FUT 90
435 H SCOTIA CAPITAL 89
624 H BOFA SECURITIES 100
661 C JP MORGAN 30
685 C RJ OBRIEN 1
737 C ADVANTAGE 1
800 C MAREX SPEC 8
905 C ADM 39
991 H CME 20
TOTAL: 189 189
JPMORGAN STOPPED 30/189
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GOLD: NUMBER OF NOTICES FILED FOR FEB/2023. CONTRACT: 189 NOTICES FOR 18,900 OZ or 0.5879 TONNES
total notices so far: 15,036 contracts for 1,503,600 oz (46.768 tonnes)
SILVER NOTICES: 6 NOTICE(S) FILED FOR 30,000 OZ/
total number of notices filed so far this month :866 for 4,330,000 oz
END
GLD
WITH GOLD DOWN $13.05
INVESTORS SWITCHING TO SPROTT PHYSICAL (PHYS) INSTEAD OF THE FRAUDULENT GLD
/NO CHANGES IN GOLD INVENTORY AT THE GLD////
INVENTORY RESTS AT 919.92TONNES
Silver//SLV
WITH NO SILVER AROUND AND SILVER DOWN 32 CENTS
AT THE SLV// SMALL CHANGES IN SILVER INVENTORY AT THE SLV: A DEPOSIT OF 1.379 MILLION OZ INTO THE SLV/
INVESTORS ARE SWITCHING SLV TO SPROTT’S PSLV
CLOSING INVENTORY: 487.072. MILLION OZ (CORRECTED)
Let us have a look at the data for today
SILVER//OUTLINE
SILVER COMEX OI ROSE BY A HUGE SIZED 1388 CONTRACTS TO 125,284 AND CLOSER TO THE RECORD HIGH OI OF 244,710, SET FEB 25/2020 AND THE STRONG GAIN IN COMEX OI WAS ACCOMPLISHED DESPITE OUR $0.22 LOSS IN SILVER PRICING AT THE COMEX ON WEDNESDAY. WE HAVE NOW SURPASSED OUR ALL TIME LOW OF 124,000 OI CONTRACTS RECORDED YESTERDAY. OUR BANKERS WERE SUCCESSFUL IN KNOCKING THE PRICE OF SILVER DOWN (IT FELL BY $0.22). AND WERE UNSUCCESSFUL IN KNOCKING ANY SPEC LONGS, AS WE HAD A HUGE SIZED LOSS ON OUR TWO EXCHANGES 1581 CONTRACTS. AS WELL, WE HAD 0 NOTICES FOR EXCHANGE FOR RISK TRANSFER ( AS THE TOTAL ISSUED IN THIS CATEGORY SO FAR THIS MONTH TOTAL 6.225 MILLION OZ. WE HAVE FINISHED WITH OUR SPECS BEING SHORT AS THEY COVERED WITH THE RISE IN PRICE IN JANUARY . WE HAVE NOW RETURNED TO OUR USUAL AND CUSTOMARY SCENARIO: BANKERS SHORT AND SPECS LONG.
WE MUST HAVE HAD:
A STRONG ISSUANCE OF EXCHANGE FOR PHYSICALS( 711 CONTRACTS) iiii) AN INITIAL SILVER STANDING FOR COMEX SILVER MEASURING AT 0.540. MILLION OZ FOLLOWED BY TODAY’S 10,000 OZ QUEUE JUMP// NEW TOTALS STANDING = 4.40 MILLION OZ + 6.225 MILLION OF EXCHANGE FOR RISK//TOTAL STANDING 10.655 MILLION OZ//// V) STRONG SIZED COMEX OI GAIN/ GOOD SIZED EFP ISSUANCE/
I AM NOW RECORDING THE DIFFERENTIAL IN OI FROM PRELIMINARY TO FINAL ADDED +517
HISTORICAL ACCUMULATION OF EXCHANGE FOR PHYSICALS FEB. ACCUMULATION FOR EFP’S SILVER/JPMORGAN’S HOUSE OF BRIBES/STARTING FROM FIRST DAY/MONTH OF FEB:
TOTAL CONTRACTS for 16 days, total 14,778 contracts: OR 73.890 MILLION OZ . (923 CONTRACTS PER DAY)
TOTAL EFP’S FOR THE MONTH SO FAR: 73.890 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: 134.290 MILLION OZ//FINAL
DEC, 61.395 MILLION OZ FINAL
JAN 2023/// 53.070 MILLION OZ //FINAL
FEB: 2023: 73.890/ MILLION OZ/INITIAL//MUCH STRONGER ISSUANCE VS THE LATTER TWO MONTHS.
RESULT: WE HAD A HUGE SIZED INCREASE IN COMEX OI SILVER COMEX CONTRACTS OF 1388 DESPITE OUR $0.22 LOSS IN SILVER PRICING AT THE COMEX//WEDNESDAY.,. THE CME NOTIFIED US THAT WE HAD A GOOD SIZED EFP ISSUANCE CONTRACTS: 711 CONTRACTS ISSUED FOR MAR 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 FEB OF 0.54 MILLION OZ FOLLOWED BY TODAY’S 10,000 OZ QUEUE JUMP = NEW STANDING: 4.430 MILLION OZ + 6.225 MILLION OZ EXCHANGE FOR RISK://NEW STANDING INCREASES TO 10.655 MILLION OZ .. WE HAVE A GIGANTIC SIZED GAIN OF 2099 OI CONTRACTS ON THE TWO EXCHANGES
WE HAD 6 NOTICE(S) FILED TODAY FOR 30,000 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 3368 CONTRACTS TO 426,016 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: ADDED 26 CONTRACTS. (AS AN ASIDE: HOW CAN YOU ADD CONTRACTS TO YESTERDAY’S TRADING OF CONTRACTS?)
.
WE HAD A FAIR SIZED INCREASE IN COMEX OI ( 3368 CONTRACTS) DESPITE OUR $0.60 LOSS IN PRICE. WE ALSO HAD A SMALL INITIAL STANDING IN GOLD TONNAGE FOR FEB. AT 41.601 TONNES ON FIRST DAY NOTICE FOLLOWED BY TODAY’S QUEUE JUMP OF 4200 OZ //NEW STANDING: 47.209 TONNES//(QUEUE JUMPING = EXERCISING LONDON BASED EFP’S ) (EFP is the transfer of contracts immediately to London for potential gold deliveries originating from London). TONNES
YET ALL OF..THIS HAPPENED WITH OUR $0,60 LOSS IN PRICE WITH RESPECT TO WEDNESDAY’S TRADING
WE HAD A GOOD SIZED GAIN OF 5215 OI CONTRACTS (16.220 PAPER TONNES) ON OUR TWO EXCHANGES
E.F.P. ISSUANCE
THE CME RELEASED THE DATA FOR EFP ISSUANCE AND IT TOTALED A FAIR SIZED 1847 CONTRACTS:
The NEW COMEX OI FOR THE GOLD COMPLEX RESTS AT 426,016
IN ESSENCE WE HAVE A GOOD SIZED INCREASE IN TOTAL CONTRACTS ON THE TWO EXCHANGES OF 5215 CONTRACTS WITH 3368 CONTRACTS INCREASED AT THE COMEX AND 1847 EFP OI CONTRACTS WHICH NAVIGATED OVER TO LONDON. THUS TOTAL OI GAIN ON THE TWO EXCHANGES OF 5215 CONTRACTS OR 16.146 TONNES.
CALCULATIONS ON GAIN/LOSS ON OUR TWO EXCHANGES
WE HAD A FAIR SIZED ISSUANCE IN EXCHANGE FOR PHYSICALS (1847 CONTRACTS) ACCOMPANYING THE FAIR SIZED GAIN IN COMEX OI (3368) TOTAL GAIN IN THE TWO EXCHANGES 5215 CONTRACTS. WE HAVE ( 1) NOW RETURNED TO OUR NORMAL FORMAT OF BANKERS GOING SHORT AND SPECULATORS GOING LONG ,2.) FAIR INITIAL STANDING AT THE GOLD COMEX FOR FEB. AT 41.601 TONNES FOLLOWED BY TODAY’S 4,200 OZ QUEUE JUMP // ///3) ZERO LONG LIQUIDATION //4) FAIR SIZED COMEX OPEN INTEREST GAIN// 5) FAIR ISSUANCE OF EXCHANGE FOR PHYSICAL PAPER/
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