by Harvey Organ, Harvey Organ Blog:
GOLD CLOSED UP 418.90 TO $1838.40//SILVER WAS UP 4 CENTS TO $20.99//PLATINUM CLOSED UP $4.45 TO $961.40 WHERAS PALLADIUM CLOSED UP $26.40 TO $1446.10// GREAT COMMENTARY TONIGHT FROM EGON VON GREYERZ//COVID UPDATES: DR PAUL ALEXANDER//VACCINE IMPACT, VACCINE INJURY/DR PANDA//SLAY NEWS//UKRAINE VS RUSSIA WAR UPDATES: BIG UPDATE ON BAKHMUT//PROTESTS GALORE THROUGHOUT EUROPE PROTESTING THE RUSSIA-UKRAINE WAR//HORRIFIC TRAIN CRASH IN GREECE//RATIONING OF VEGETABLES IN THE UK//TODAYS REPORT IN GERMANY RECORDS HOTTER CPI//USA DATA: BOTH PMI’S SIGNAL RECESSION AND STAGFLATION//USA’S LARGEST GRID SUPPLIER WARNS OF AN ENERGY SHORTAGE DUE TO BIDEN ADMINISTRATION’S RIDICULOUS MANDATES//SENATOR DAINES: WHO COMPLICIT IN CHINA’S COVER UP IN COVID 19 OUTBREAK GLOBALLY
TRUTH LIVES on at https://sgtreport.tv/
GOLD PRICE CLOSED: UP $18.90 at $1838.40
SILVER PRICE CLOSED: UP $0.04 to $20.99
Access prices: closes : 4: 15 PM
Gold ACCESS CLOSE 1837.50
Silver ACCESS CLOSE: 20.99
Bitcoin morning price:, 23,828 UP 603 Dollars
Bitcoin: afternoon price: $23,426 UP 207 dollars
Platinum price closing $961.4 UP $4.45
Palladium price; closing $1446.10 UP $26.40
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: $2,498.53 UP $7.55 CDN dollars per oz
BRITISH GOLD: 1529.02 UP 11.53 pounds per oz
EURO GOLD: 1722.91 DOWN 3.05 euros per oz
COMEX DATA
EXCHANGE: COMEX
CONTRACT: MARCH 2023 COMEX 100 GOLD FUTURES
SETTLEMENT: 1,828.900000000 USD
INTENT DATE: 02/28/2023 DELIVERY DATE: 03/02/2023
FIRM ORG FIRM NAME ISSUED STOPPED323 C HSBC 5
363 H WELLS FARGO SEC 22
624 C BOFA SECURITIES 5
657 C MORGAN STANLEY 1
661 C JP MORGAN 32
726 C CUNNINGHAM COM 2
737 C ADVANTAGE 57 2
800 C MAREX SPEC 22 3
880 C CITIGROUP 6
905 C ADM 1TOTAL: 79 79
MONTH TO DATE: 1,462
JPMORGAN STOPPED 32/79
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GOLD: NUMBER OF NOTICES FILED FOR MAR/2023. CONTRACT: 79 NOTICES FOR 7900 OZ or 0.2457 TONNES
total notices so far: 1462 contracts for 146,200 oz (4.547 tonnes)
SILVER NOTICES: 943 NOTICE(S) FILED FOR 4,715,000 OZ/
total number of notices filed so far this month : 2176 for 10,880,000 oz
END
GLD
WITH GOLD UP $18.90
INVESTORS SWITCHING TO SPROTT PHYSICAL (PHYS) INSTEAD OF THE FRAUDULENT GLD
/HUGE CHANGES IN GOLD INVENTORY AT THE GLD//// A WITHDRAWAL OF 2.31 TONNES OF GOLD OUT OF THE GLD/
INVENTORY RESTS AT 915.30TONNES
Silver//SLV
WITH NO SILVER AROUND AND SILVER UP 4 CENTS
AT THE SLV// HUGE CHANGES IN SILVER INVENTORY AT THE SLV: A WITHDRAWAL OF 2,574 MILLION OZ OUT OF THE SLV/
INVESTORS ARE SWITCHING SLV TO SPROTT’S PSLV
CLOSING INVENTORY: 478.614. MILLION OZ
Let us have a look at the data for today
SILVER//OUTLINE
SILVER COMEX OI FELL BY A GOOD SIZED 667 CONTRACTS TO 123,900 AND FURTHER FROM THE RECORD HIGH OI OF 244,710, SET FEB 25/2020 AND THE GOOD SIZED LOSS IN COMEX OI WAS ACCOMPLISHED DESPITE OUR $0.26 GAIN IN SILVER PRICING AT THE COMEX ON TUESDAY. WE HAVE NOW SURPASSED OUR PREVIOUS ALL TIME LOW OF 124,080 OI CONTRACTS RECORDED FEB 22/2023. THUS NEW LOW COMEX OI SILVER WAS SET 123,900 MARCH 1/2023. OUR BANKERS WERE UNSUCCESSFUL IN KNOCKING THE PRICE OF SILVER DOWN (IT ROSE BY $0.26). BUT WERE SUCCESSFUL IN KNOCKING SOME SPEC LONGS, AS WE HAD A SMALL LOSS ON OUR TWO EXCHANGES 209 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 GOOD ISSUANCE OF EXCHANGE FOR PHYSICALS( 458 CONTRACTS) iiii) AN INITIAL SILVER STANDING FOR COMEX SILVER MEASURING AT 15.58 MILLION OZ FOLLOWED BY TODAY’S EFP OF 660,000//NEW STANDING: 14.920 MILLION OZ/ //// V) GOOD SIZED COMEX OI LOSS/ GOOD SIZED EFP ISSUANCE/
I AM NOW RECORDING THE DIFFERENTIAL IN OI FROM PRELIMINARY TO FINAL 29 CONTRACTS
HISTORICAL ACCUMULATION OF EXCHANGE FOR PHYSICALS MAR. ACCUMULATION FOR EFP’S SILVER/JPMORGAN’S HOUSE OF BRIBES/STARTING FROM FIRST DAY/MONTH OF MAR:
TOTAL CONTRACTS for 1 days, total 458 contracts: OR 2.290 MILLION OZ . (458 CONTRACTS PER DAY)
TOTAL EFP’S FOR THE MONTH SO FAR: 2.290 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.
MARCH 2023: 2.290 MILLION OZ//INITIAL
RESULT: WE HAD A GOOD SIZED DECREASE IN COMEX OI SILVER COMEX CONTRACTS OF 667 DESPITE OUR $0.26 GAIN IN SILVER PRICING AT THE COMEX//TUESDAY.,. THE CME NOTIFIED US THAT WE HAD A GOOD SIZED EFP ISSUANCE CONTRACTS: 458 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 15.58 MILLION OZ FOLLOWED BY TODAY’S 660,000 E.F.P. JUMP TO LONDON .. WE HAVE A SMALL SIZED LOSS OF 209 OI CONTRACTS ON THE TWO EXCHANGES
WE HAD 943 NOTICE(S) FILED TODAY FOR 4,715,000 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 GOOD SIZED 3673 CONTRACTS TO 426,890 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 888 CONTRACTS.
.
WE HAD A GOOD SIZED INCREASE IN COMEX OI ( 3673 CONTRACTS) WITH OUR $12.10 GAIN IN PRICE. WE ALSO HAD A SMALL INITIAL STANDING IN GOLD TONNAGE FOR FEB. AT 4.9953 TONNES ON FIRST DAY NOTICE FOLLOWED BY TODAY’S QUEUE JUMP OF 33,700 OZ (1.048 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 $12.10 GAIN IN PRICE WITH RESPECT TO TUESDAY’S TRADING
WE HAD A VERY STRONG SIZED GAIN OF 8884 OI CONTRACTS (27.63 PAPER TONNES) ON OUR TWO EXCHANGES
E.F.P. ISSUANCE
THE CME RELEASED THE DATA FOR EFP ISSUANCE AND IT TOTALED A STRONG SIZED 5211 CONTRACTS:
The NEW COMEX OI FOR THE GOLD COMPLEX RESTS AT 426,890
IN ESSENCE WE HAVE A VERY STRONG INCREASE IN TOTAL CONTRACTS ON THE TWO EXCHANGES OF 8884 CONTRACTS WITH 3673 CONTRACTS INCREASED AT THE COMEX AND 5211 EFP OI CONTRACTS WHICH NAVIGATED OVER TO LONDON. THUS TOTAL OI GAIN ON THE TWO EXCHANGES OF 8884 CONTRACTS OR 27.63 TONNES.
CALCULATIONS ON GAIN/LOSS ON OUR TWO EXCHANGES
WE HAD A STRONG SIZED ISSUANCE IN EXCHANGE FOR PHYSICALS (5211 CONTRACTS) ACCOMPANYING THE GOOD SIZED GAIN IN COMEX OI (3673) TOTAL GAIN IN THE TWO EXCHANGES 8884 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 FOLLOWED BY TODAY’S 33700 OZ QUEUE JUMP//NEW STANDING 6.0435 TONNES // ///3) ZERO LONG LIQUIDATION //4) GOOD SIZED COMEX OPEN INTEREST GAIN// 5) STRONG ISSUANCE OF EXCHANGE FOR PHYSICAL PAPER/
HISTORICAL ACCUMULATION OF EXCHANGE FOR PHYSICALS IN 2023 INCLUDING TODAY
MAR
ACCUMULATION OF EFP’S GOLD AT J.P. MORGAN’S HOUSE OF BRIBES: (EXCHANGE FOR PHYSICAL) FOR THE MONTH OF MAR :
5211 CONTRACTS OR 521,100 OZ OR 16.208 TONNES 1 TRADING DAY(S) AND THUS AVERAGING: 5211 EFP CONTRACTS PER TRADING DAY
TO GIVE YOU AN IDEA AS TO THE SIZE OF THESE EFP TRANSFERS : THIS MONTH IN 1 TRADING DAY(S) IN TONNES 16.208 TONNES
TOTAL ANNUAL GOLD PRODUCTION, 2022, THROUGHOUT THE WORLD EX CHINA EX RUSSIA: 3555 TONNES
THUS EFP TRANSFERS REPRESENTS 16.208/3550 x 100% TONNES 0.4507% 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
MARCH: 16.208 TONNES/INITIAL
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.
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