by Harvey Organ, Harvey Organ Blog:
OPTIONS EXPIRY FINISHED AT LONDON/OTIC: GOLD CLOSED UP $12.10 TO $1829.50//SILVER CLOSED UP 26 CENTS TO $20.95//PLATINUM CONTINUES TO GAIN ON PALLADIUM: PLATINUM UP $14.00 TO $956.95 WHILE PALLADIUM WAS DOWN $11.75 TO $1419.70//ANDREW MAGUIRE PODCAST A MUST SEE (KINESIS 111 LIVE FROM THE VAULT//)//COVID UPDATES: DR PAUL ALEXANDER/ VACCINE IMPACT//SLAY NEWS//BRAZIL TO FORCE VACCINATIONS ON ITS CITIZENS//RAND PAUL FURIOUS: WANTS THE DECLASSICATION OF ALL COVID LEAK DOCUMENTS//IMPORTANT STUDY BY HEYES ON COVID 19 ATTACK ON THE IMMUNE SYSTEM:A MUST READ//UKRAINE VS RUSSIA UPDATES//MEDVEDEV ISSUES WARNING TO THE WEST
TRUTH LIVES on at https://sgtreport.tv/
GOLD PRICE CLOSED: UP $12.10 at $1819.50
SILVER PRICE CLOSED: UP $0.26 to $20.95
Access prices: closes : 4: 15 PM
Gold ACCESS CLOSE 1827.29
Silver ACCESS CLOSE: 20.91
Bitcoin morning price:, 23,462 UP 197 Dollars
Bitcoin: afternoon price: $23,235 UP 30 dollars
Platinum price closing $956.95 UP $14.00
Palladium price; closing $1419.70 DOWN $11.75
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: $2,493.39 UP $26.57 CDN dollars per oz
BRITISH GOLD: 1519.00 UP 12.53 pounds per oz
EURO GOLD: 1722.79 UP 15.04 euros per oz
EXCHANGE: COMEX
EXCHANGE: COMEX
CONTRACT: MARCH 2023 COMEX 100 GOLD FUTURES
SETTLEMENT: 1,817.000000000 USD
INTENT DATE: 02/27/2023 DELIVERY DATE: 03/01/2023
FIRM ORG FIRM NAME ISSUED STOPPED
118 C MACQUARIE FUT 401
132 C SG AMERICAS 105
323 C HSBC 221
363 H WELLS FARGO SEC 151
365 H MAREX CAPITAL M 1
435 H SCOTIA CAPITAL 53
523 C INTERACTIVE BRO 4
624 C BOFA SECURITIES 207
624 H BOFA SECURITIES 10
657 C MORGAN STANLEY 12
661 C JP MORGAN 719 424
726 C CUNNINGHAM COM 29
737 C ADVANTAGE 29 35
800 C MAREX SPEC 22
880 C CITIGROUP 256
880 H CITIGROUP 11
905 C ADM 76
TOTAL: 1,383 1,383
MONTH TO DATE: 1,383
JPMORGAN STOPPED 424/1383
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GOLD: NUMBER OF NOTICES FILED FOR MAR/2023. CONTRACT: 1383 NOTICES FOR 138,300 OZ or 4.3017 TONNES
total notices so far: 1383 contracts for 138,300 oz (4.3017 tonnes)
SILVER NOTICES: 1233 NOTICE(S) FILED FOR 6,165,000 OZ/
total number of notices filed so far this month : 1233 for 6,165000 oz
END
GLD
WITH GOLD UP $12.10
INVESTORS SWITCHING TO SPROTT PHYSICAL (PHYS) INSTEAD OF THE FRAUDULENT GLD
/SMALL CHANGES IN GOLD INVENTORY AT THE GLD//// A DEPOSIT OF .29 TONNES OF GOLD INTO THE GLD/
INVENTORY RESTS AT 917.61TONNES
Silver//SLV
WITH NO SILVER AROUND AND SILVER UP 26 CENTS
AT THE SLV// HUGE CHANGES IN SILVER INVENTORY AT THE SLV: A WITHDRAWAL OF 1.241 MILLION OZ OUT OF THE SLV/
INVESTORS ARE SWITCHING SLV TO SPROTT’S PSLV
CLOSING INVENTORY: 481.188. MILLION OZ (
Let us have a look at the data for today
SILVER//OUTLINE
SILVER COMEX OI FELL BY A GOOD SIZED 613 CONTRACTS TO 124,567 AND FURTHER FROM THE RECORD HIGH OI OF 244,710, SET FEB 25/2020 AND THE GOOD SIZED LOSS IN COMEX OI WAS ACCOMPLISHED WITH OUR $0.15 LOSS IN SILVER PRICING AT THE COMEX ON MONDAY. WE HAVE NOW COMING CLOSE TO OUR ALL TIME LOW OF 124,080 OI CONTRACTS RECORDED FEB 22/2023. OUR BANKERS WERE SUCCESSFUL IN KNOCKING THE PRICE OF SILVER DOWN (IT FELL BY $0.15). BUT WERE UNSUCCESSFUL IN KNOCKING ANY SPEC LONGS, AS WE HAD A FAIR GAIN ON OUR TWO EXCHANGES 480 CONTRACTS. WE HAD 0 NOTICES FOR EXCHANGE FOR RISK TRANSFER ( AS THE TOTAL ISSUED IN THIS CATEGORY SO FAR THIS MONTH TOTAL 0 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 HUGE ISSUANCE OF EXCHANGE FOR PHYSICALS( 1093 CONTRACTS) iiii) AN INITIAL SILVER STANDING FOR COMEX SILVER MEASURING AT 4.9953 MILLION OZ//// V) GOOD SIZED COMEX OI LOSS/ GIGANTIC SIZED EFP ISSUANCE/
I AM NOW RECORDING THE DIFFERENTIAL IN OI FROM PRELIMINARY TO FINAL ADDED 3 CONTRACTS
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 20 days, total 20,021 contracts: OR 100.105 MILLION OZ . (1001 CONTRACTS PER DAY)
TOTAL EFP’S FOR THE MONTH SO FAR: 100.105 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: 100.105/ MILLION OZ/FINAL//MUCH STRONGER ISSUANCE VS THE LATTER TWO MONTHS.
RESULT: WE HAD A GOOD SIZED DECREASE IN COMEX OI SILVER COMEX CONTRACTS OF 613 WITH OUR $0.15 LOSS IN SILVER PRICING AT THE COMEX//MONDAY.,. THE CME NOTIFIED US THAT WE HAD A HUGE SIZED EFP ISSUANCE CONTRACTS: 1093 CONTRACTS ISSUED FOR MAY 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 MAR OF 4.9953 MILLION OZ .. WE HAVE A FAIR SIZED GAIN OF 480 OI CONTRACTS ON THE TWO EXCHANGES
WE HAD 1233 NOTICE(S) FILED TODAY FOR 6,165,000 OZ
THE SILVER COMEX IS NOW BEING ATTACKED FOR METAL BY LONDONERS ET AL.
GOLD//OUTLINE
IN GOLD, THE COMEX OPEN INTEREST FELL BY A FAIR SIZED 2001 CONTRACTS TO 423,217 AND FURTHER FROM 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 68 CONTRACTS.
.
WE HAD A FAIR SIZED DECREASE IN COMEX OI ( 2001 CONTRACTS) DESPITE OUR $6.95 GAIN IN PRICE. WE ALSO HAD A SMALL INITIAL STANDING IN GOLD TONNAGE FOR FEB. AT 4.9953 TONNES ON FIRST DAY NOTICE //(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 $6.95 GAIN IN PRICE WITH RESPECT TO MONDAY’S TRADING
WE HAD A SMALL SIZED LOSS OF 974 OI CONTRACTS (3.029 PAPER TONNES) ON OUR TWO EXCHANGES
E.F.P. ISSUANCE
THE CME RELEASED THE DATA FOR EFP ISSUANCE AND IT TOTALED A FAIR SIZED 1027 CONTRACTS:
The NEW COMEX OI FOR THE GOLD COMPLEX RESTS AT 423,217
IN ESSENCE WE HAVE A SMALL SIZED DECREASE IN TOTAL CONTRACTS ON THE TWO EXCHANGES OF 974 CONTRACTS WITH 2001 CONTRACTS DECREASED AT THE COMEX AND 1027 EFP OI CONTRACTS WHICH NAVIGATED OVER TO LONDON. THUS TOTAL OI LOSS ON THE TWO EXCHANGES OF 974 CONTRACTS OR 3.029 TONNES.
CALCULATIONS ON GAIN/LOSS ON OUR TWO EXCHANGES
WE HAD A FAIR SIZED ISSUANCE IN EXCHANGE FOR PHYSICALS (1027 CONTRACTS) ACCOMPANYING THE FAIR SIZED LOSS IN COMEX OI (2001) TOTAL LOSS IN THE TWO EXCHANGES 974 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 MAR. AT 4.9953 TONNES // ///3) SOME LONG LIQUIDATION //4) FAIR SIZED COMEX OPEN INTEREST LOSS// 5) FAIR ISSUANCE OF EXCHANGE FOR PHYSICAL PAPER/
HISTORICAL ACCUMULATION OF EXCHANGE FOR PHYSICALS IN 2023 INCLUDING TODAY
FEB
ACCUMULATION OF EFP’S GOLD AT J.P. MORGAN’S HOUSE OF BRIBES: (EXCHANGE FOR PHYSICAL) FOR THE MONTH OF FEB :
48,744 CONTRACTS OR 4,874,400 OZ OR 151.61 TONNES 20 TRADING DAY(S) AND THUS AVERAGING: 2437 EFP CONTRACTS PER TRADING DAY
TO GIVE YOU AN IDEA AS TO THE SIZE OF THESE EFP TRANSFERS : THIS MONTH IN 20 TRADING DAY(S) IN TONNES 151.61 TONNES
TOTAL ANNUAL GOLD PRODUCTION, 2022, THROUGHOUT THE WORLD EX CHINA EX RUSSIA: 3555 TONNES
THUS EFP TRANSFERS REPRESENTS 151.61/3550 x 100% TONNES 4.28% OF GLOBAL ANNUAL PRODUCTION
ACCUMULATION OF GOLD EFP’S YEAR 2021 TO 2023
JANUARY/2021: 265.26 TONNES (RAPIDLY INCREASING AGAIN)
FEB : 171.24 TONNES ( DEFINITELY SLOWING DOWN AGAIN)..
MARCH:. 276.50 TONNES (STRONG AGAIN/
APRIL: 189..44 TONNES ( DRAMATICALLY SLOWING DOWN AGAIN//GOLD IN BACKWARDATION)
MAY: 250.15 TONNES (NOW DRAMATICALLY INCREASING AGAIN)
JUNE: 247.54 TONNES (FINAL)
JULY: 188.73 TONNES FINAL
AUGUST: 217.89 TONNES FINAL ISSUANCE.
SEPT 142.12 TONNES FINAL ISSUANCE ( LOW ISSUANCE)_
OCT: 141.13 TONNES FINAL ISSUANCE (LOW ISSUANCE)
NOV: 312.46 TONNES FINAL ISSUANCE//NEW RECORD!! (INCREASING DRAMATICALLY)//SIGN OF REAL STRESS//SURPASSING THE MARCH 2021 RECORD OF 276.50 TONNES OF EFP
DEC. 175.62 TONNES//FINAL ISSUANCE//
JAN:2022 247.25 TONNES //FINAL
FEB: 196.04 TONNES//FINAL
MARCH: 409.30 TONNES INITIAL( THIS IS NOW A RECORD EFP ISSUANCE FOR MARCH AND FOR ANY MONTH.
APRIL: 169.55 TONNES (FINAL VERY LOW ISSUANCE MONTH)
MAY: 247,44 TONNES FINAL//
JUNE: 238.13 TONNES FINAL
JULY: 378.43 TONNES FINAL
AUGUST: 180.81 TONNES FINAL
SEPT. 193.16 TONNES FINAL
OCT: 177.57 TONNES FINAL ( MUCH SMALLER THAN LAST MONTH)
NOV. 223.98 TONNES//FINAL ( MUCH LARGER THAN PREVIOUS MONTHS//comex running out of physical)
DEC: 185.59 tonnes // FINAL
JAN 2023: 228.49 TONNES FINAL//HUGE AMOUNT OF EFP’S ISSUED THIS MONTH!!
FEB: 151.61 TONNES/FINAL
SPREADING OPERATIONS
(/NOW SWITCHING TO GOLD) FOR NEWCOMERS, HERE ARE THE DETAILS
SPREADING LIQUIDATION HAS NOW COMMENCED AS WE HEAD TOWARDS THE NEW ACTIVE FRONT MONTH OF FEB. WE ARE NOW INTO THE SPREADING OPERATION OF BOTH GOLD (
HERE IS A BRIEF SYNOPSIS OF HOW THE CROOKS FLEECE UNSUSPECTING LONGS IN THE SPREADING ENDEAVOUR ;MODUS OPERANDI OF THE CORRUPT BANKERS AS TO HOW THEY HANDLE THEIR SPREAD OPEN INTERESTS:HERE IS HOW THE CROOKS USED SPREADING AS WE ARE NOW INTO THE NON ACTIVE DELIVERY MONTH OF OCT HEADING TOWARDS THE ACTIVE DELIVERY MONTH OF FEB., FOR BOTH GOLD:
YOU WILL ALSO NOTICE THAT THE COMEX OPEN INTEREST STARTS TO RISE BUT SO IS THE OPEN INTEREST OF SPREADERS. THE OPEN INTEREST IN WILL CONTINUE TO RISE UNTIL ONE WEEK BEFORE FIRST DAY NOTICE OF AN UPCOMING ACTIVE DELIVERY MONTH (NOV), AND THAT IS WHEN THE CROOKS SELL THEIR SPREAD POSITIONS BUT NOT AT THE SAME TIME OF THE DAY. THEY WILL USE THE SELL SIDE OF THE EQUATION TO CREATE THE CASCADE (ALONG WITH THEIR COLLUSIVE FRIENDS) AND THEN COVER ON THE BUY SIDE OF THE SPREAD SITUATION AT THE END OF THE DAY. THEY DO THIS TO AVOID POSITION LIMIT DETECTION. THE LIQUIDATION OF THE SPREADING FORMATION CONTINUES FOR EXACTLY ONE WEEK AND ENDS ON FIRST DAY NOTICE.”
WHAT IS ALARMING TO ME, ACCORDING TO OUR LONDON EXPERT ANDREW MAGUIRE IS THAT THESE EFP’S ARE BEING TRANSFERRED TO WHAT ARE CALLED SERIAL FORWARD CONTRACT OBLIGATIONS AND THESE CONTRACTS ARE LESS THAN 14 DAYS. ANYTHING GREATER THAN 14 DAYS, THESE MUST BE RECORDED AND SENT TO THE COMPTROLLER, GREAT BRITAIN TO MONITOR RISK TO THE BANKING SYSTEM. IF THIS IS INDEED TRUE, THEN THIS IS A MASSIVE CONSPIRACY TO DEFRAUD AS WE NOW WITNESS A MONSTROUS TOTAL EFP’S ISSUANCE AS IT HEADS INTO THE STRATOSPHERE.
First, here is an outline of what will be discussed tonight:
1.Today, we had the open interest at the comex, in SILVER FELL BY A GOOD SIZED 613 CONTRACTS OI TO 124,567 AND FURTHER FROM OUR COMEX HIGH RECORD //244,710(SET FEB 25/2020). THE LAST RECORDS WERE SET IN AUG.2018 AT 244,196 WITH A SILVER PRICE OF $14.78/(AUGUST 22/2018)..THE PREVIOUS RECORD TO THAT WAS SET ON APRIL 9/2018 AT 243,411 OPEN INTEREST CONTRACTS WITH THE SILVER PRICE AT THAT DAY: $16.53). AND PREVIOUS TO THAT, THE RECORD WAS ESTABLISHED AT: 234,787 CONTRACTS, SET ON APRIL 21.2017 OVER 5 YEARS AGO. HOWEVER WE HAVE SET A RECORD LOW OF 124,080 CONTRACTS FEB 22/2023.
EFP ISSUANCE 1027 CONTRACTS
OUR CUSTOMARY MIGRATION OF COMEX LONGS CONTINUE TO MORPH INTO LONDON FORWARDS AS OUR BANKERS USED THEIR EMERGENCY PROCEDURE TO ISSUE:
MAY 1093 and ALL OTHER MONTHS: ZERO. TOTAL EFP ISSUANCE: 1093 CONTRACTS. EFP’S GIVE OUR COMEX LONGS A FIAT BONUS PLUS A DELIVERABLE PRODUCT OVER IN LONDON. IF WE TAKE THE COMEX OI LOSS OF 613 CONTRACTS AND ADD TO THE 1093 OI TRANSFERRED TO LONDON THROUGH EFP’S,
WE OBTAIN A FAIR GAIN OF 480 OPEN INTEREST CONTRACTS FROM OUR TWO EXCHANGES.
THUS IN OUNCES, THE GAIN ON THE TWO EXCHANGES 2.400 MILLION OZ//
OCCURRED DESPITE OUR $0.15 LOSS IN PRICE ….. OUR SPEC SHORTS HAVE NOWHERE TO HIDE!
END
OUTLINE FOR TODAY’S COMMENTARY
1/COMEX GOLD AND SILVER REPORT
(report Harvey)
2 ) Gold/silver trading overnight Europe,
(Peter Schiff,
end
3. Egon von Greyerz///Matthew Piepenburg via GoldSwitzerland.com, Pam and Russ Martens
4. Chris Powell of GATA provides to us very important physical commentaries
end
5. Other gold/silver commentaries
6. Commodity commentaries//
7/CRYPTOCURRENCIES/BITCOIN ETC
3. ASIAN AFFAIRS
i)TUESDAY MORNING//MONDAY NIGHT
SHANGHAI CLOSED UP 21.57 PTS OR 0.66% //Hang Seng CLOSED DOWN 157.57 PTS OR 0.79% /The Nikkei closed UP 21.60% PTS OR .08% //Australia’s all ordinaries CLOSED UP 0.52% /Chinese yuan (ONSHORE) closed UP 6.9380 //OFFSHORE CHINESE YUAN UP TO 6.9562// /Oil UP TO 77.01 dollars per barrel for WTI and BRENT AT 83.29 / Stocks in Europe OPENED MOSTLY GREEN// ONSHORE YUAN TRADING ABOVE LEVEL OF OFFSHORE YUAN/ONSHORE YUAN TRADING STRONGER AGAINST US DOLLAR/OFFSHORE STRONGER
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