by Harvey Organ, Harvey Organ Blog:
GOLD CLOSED UP $0.90 TO $1944.45//SILVER CLOSED UP $0.32 TO $23.25//PLATINUM CLOSED UP $0.55 DOLLARS TO $1026.50/PALLADIUM CLOSED UP $25.35 TO $1431.85//A MUST VIEW: ANDREW MAGUIRE INTERVIEWING PETER GRANDICH//NO DEAL YET ON THE DEBT CEILING//RUSSIA VS UKRAINE UPDATES/COVID UPDATES//DR PAUL ALEXANDER/VACCINE IMPACT/SLAY NEWS/EVOL NEWS//UPDATES ON DEBT CEILING FIASCO IN THE USA//FED’S FAVOURTE INDICATOR IN INFLATION , THE PCE DEFLATOR RED HOT//ANOTHER GREAT COMMENTARY FROM VICTOR DAVIS HANSON
TRUTH LIVES on at https://sgtreport.tv/
GOLD PRICE CLOSED: UP $0.90 TO $1944.45
SILVER PRICE CLOSED: UP $0.44 AT $23.25
Access prices: closes 4: 15 PM
Gold ACCESS CLOSE 1946.85
Silver ACCESS CLOSE: 23.29
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Bitcoin morning price:, $26,426 DOWN 80 Dollars
Bitcoin: afternoon price: $26,795 UP 289 dollars
Platinum price closing $1025.95 DOWN $25.90
Palladium price; $1406.50 DOWN $46.35
“Our system is so stinkin’ corrupt that we owe Sodom and Gomorrah an apology.” … Trader Dan Norcini in 2009
GO GATA!
END
Yesterday, we finished with option expiry for the comex and now we must endure some pain as we wait the conclusion of LBMA options expiry
May 31/2023.
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: $2,650.50 UP 6.50 CDN dollars per oz (ALL TIME HIGH 2,775.35)
BRITISH GOLD: 1576.25 UP 1.88 pounds per oz//(ALL TIME HIGH//CLOSING///1630.29)
EURO GOLD: 1814.50 UP 5.07 euros per oz //(ALL TIME HIGH/CLOSING//1861.21)//
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EXCHANGE: COMEX
CONTRACT: MAY 2023 COMEX 5000 SILVER FUTURES
SETTLEMENT: 22.786000000 USD
INTENT DATE: 05/25/2023 DELIVERY DATE: 05/30/2023
FIRM ORG FIRM NAME ISSUED STOPPED
323 C HSBC 120
363 H WELLS FARGO SEC 10
657 C MORGAN STANLEY 2
661 C JP MORGAN 36
905 C ADM 13
991 H CME 83
TOTAL: 132 132
MONTH TO DATE: 2,690
JPMorgan stopped o/100 contracts
FOR MAY:
GOLD: NUMBER OF NOTICES FILED FOR MAY/2023. CONTRACT: 1 NOTICES FOR 100 OZ or 0.003110 TONNES
total notices so far: 6140 contracts for 614,000 oz (19.094 tonnes)
FOR MAY:
SILVER NOTICES: 132 NOTICE(S) FILED FOR 640,000 OZ/
total number of notices filed so far this month : 2690 for 13,450,000 oz
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END
GLD
WITH GOLD UP UP $0.90
INVESTORS SWITCHING TO SPROTT PHYSICAL (PHYS) INSTEAD OF THE FRAUDULENT GLD//
/NO CHANGES IN GOLD INVENTORY AT THE GLD:////
INVENTORY RESTS AT 941.29 TONNES
Silver//
WITH NO SILVER AROUND AND SILVER UP 44 CENTS AT THE SLV//
HUGE CHANGES IN SILVER INVENTORY AT THE SLV A WITHDRAWAL OF 3.306 MILLIO OZ OUT THE SLV//: ; : INVESTORS ARE SWITCHING SLV TO SPROTT’S PSLV.
CLOSING INVENTORY: 468.300 MILLION OZ
Let us have a look at the data for today
SILVER//OUTLINE
SILVER COMEX OI ROSE BY A STRONG SIZED 519 CONTRACTS TO 136,177 AND CLOSER TO THE RECORD HIGH OI OF 244,710, SET FEB 25/2020 AND THIS STRONG SIZED GAIN IN COMEX OI WAS ACCOMPLISHED DESPITE OUR $0.32 FALL IN SILVER PRICING AT THE COMEX ON THURSDAY. TAS ISSUANCE WAS A SMALLER SIZED 542 CONTRACTS. THESE WILL BE USED FOR MANIPULATION NEXT MONTH. CRAIG HEMKE HAS POINTED OUT THAT THE CROOKS USE THE MID MONTH FOR MANIPULATION AS THEY SELL THEIR BUY SIDE OF THE CALENDAR SPREAD FIRST AND THEN KEEP THE SELL SIDE TO LIQUIDATE AT A LATER DATE. THUS WE HAVE TWO VEHICLES THE CROOKS USE FOR MANIPULATION AND BOTH ARE SPREADERS: 1) AT MONTH’S END/SPREADERS COMEX AND 2/ TAS SPREADERS, MID MONTH. TOTAL TAS ISSUED ON THURSDAY: A SMALLER 542 CONTRACTS. DESPITE MANY COMPLAINTS THAT THE CROOKS HAVE VIOLATED POSITION LIMITS DUE TO THE FACT THAT THE TAS ISSUED HAVE A VALUE OF ZERO (AS TO POSITION LIMITS) IF A CALENDAR SPREAD OCCURS. IT NATURALLY FELL ON DEAF EARS WITH OUR REGULATORS (OCC) WHEN THEY RECEIVED THE COMPLAINT. IT THUS LOOKS LIKE THE FED (GOV’T) IS BEHIND ALL OF THESE TRADES
WE HAVE THIS YEAR SET ANOTHER RECORD LOW AT 117,395 CONTRACTS ///MARCH 29.2023. OUR BANKERS WERE SUCCESSFUL IN KNOCKING THE PRICE OF SILVER DOWN (IT FELL BY $0.32). BUT WERE UNSUCCESSFUL IN KNOCKING SOME SPEC LONGS AS WE HAD A HUGE GAIN ON OUR TWO EXCHANGES OF 1554 CONTRACTS. WE HAD 0 CRIMINAL NOTICES FILED IN THE CATEGORY OF EXCHANGE FOR RISK TRANSFER FOR 0 MILLION OZ// ( THE TOTAL ISSUED IN THIS CATEGORY SO FAR THIS MONTH TOTAL 6.750 MILLION OZ.). WE HAVE NOW RETURNED TO OUR USUAL AND CUSTOMARY SCENARIO: BANKERS SHORT AND SPECS LONG WITH MANIPULATION NOW MID MONTH AND BEYOND, DUE TO (TAS) MANIPULATION. WE WILL HAVE IN OUR FINAL WEEK IN THE DELIVERY CYCLE MORE MANIPULATION IN OUR PRECIOUS METALS DUE TO COMEX SPREADERS LIQUIDATION ACCOMPANYING OPTIONS EXPIRY ON BOTH THE COMEX AND LONDON’S LBMA ALONG WITH AN ADDED FEATURE OF TAS LIQUIDATION.
WE MUST HAVE HAD:
A HUGE ISSUANCE OF EXCHANGE FOR PHYSICALS( 1035 CONTRACTS) iiii) AN INITIAL SILVER STANDING FOR COMEX SILVER MEASURING AT 13.105 MILLION OZ(FIRST DAY NOTICE) FOLLOWED BY TODAY’S E.F.P. JUMP TO LONDON OF 45,000 OZ (E.F.P. JUMP LOWERS THE AMOUNT OF SILVER STANDING)+0 MILLION OZ EXCHANGE FOR RISK ISSUED TODAY// TOTAL FOR THE MONTH 6.75 MILLION OZ OF EXCHANGE FOR RISK (RAISES THE AMOUNT OF SILVER STANDING):THUS TOTAL OF 20.200 MILLION OZ OF SILVER STANDING FOR DELIVERY V) STRONG SIZED COMEX OI GAIN/ HUGE SIZED EFP ISSUANCE/VI) SMALLER NUMBER OF T.A.S. CONTRACT INITIATION (542 CONTRACTS)//CONSIDERABLE T.A.S LIQUIDATION MANIPULATING THE PRICE SOUTHBOUND THURSDAY.
I AM NOW RECORDING THE DIFFERENTIAL IN OI FROM PRELIMINARY TO FINAL -removed 81 CONTRACTS
HISTORICAL ACCUMULATION OF EXCHANGE FOR PHYSICALS MAY. ACCUMULATION FOR EFP’S SILVER/JPMORGAN’S HOUSE OF BRIBES/STARTING FROM FIRST DAY/MONTH OF MAY:
TOTAL CONTRACTS for 20 days, total 12,810 contracts: OR 64.050 MILLION OZ . (640 CONTRACTS PER DAY)
TOTAL EFP’S FOR THE MONTH SO FAR: 64.050 MILLION OZ
LAST 23 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
YEAR 2022:
JAN 2022-DEC 2022
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
TOTALS YR 2022: 1135.767 MILLION OZ (1.1356 BILLION OZ)
JAN 2023/// 53.070 MILLION OZ //FINAL
FEB: 2023: 100.105 MILLION OZ/FINAL//MUCH STRONGER ISSUANCE VS THE LATTER TWO MONTHS.
MARCH 2023: 112.58 MILLION OZ//FINAL//STRONG ISSUANCE
APRIL 118.035 MILLION OZ(SLIGHTLY GREATER THAN THAN LAST MONTH)
MAY 64.050 MILLION OZ/INITIAL (MUCH SMALLER THIS MONTH)
RESULT: WE HAD A STRONG SIZED INCREASE IN COMEX OI SILVER COMEX CONTRACTS OF 581 CONTRACTS WITH OUR STRONG SIZED $0.32 LOSS IN SILVER PRICING AT THE COMEX//THURSDAY.,. THE CME NOTIFIED US THAT WE HAD A HUGE SIZED EFP ISSUANCE CONTRACTS: 1035 ISSUED FOR JULY 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 MAY OF 13.105 MILLION OZ//FIRST DAY NOTICE FOLLOWED BY TODAY’S E.F.P. JUMP TO LONDON OF 45,000 OZ (DECREASES THE AMOUNT OF SILVER STANDING) +// + 0 MILLION NEW EXCHANGE FOR RISK TODAY (INCREASES THE AMOUNT OF SILVER STANDING) //TOTAL EXCHANGE FOR RISK MONTH= 6.75 MILLION//NEW TOTALS 13.450 MILLION OZ + 6.75 MILLION EXCH./RISK = 20.200 MILLION OZ STANDING FOR MAY// .. WE HAVE A HUGE SIZED GAIN OF 1554 OI CONTRACTS ON THE TWO EXCHANGES. THE TOTAL OF TAS INITIATED CONTRACTS TODAY: A SMALLER 542!!//CONSIDERABLE FRONT END OF THE TAS CONTRACTS WERE LIQUIDATED THURSDAY. THE NEW TAS ISSUANCE WILL BE PUT INTO “THE BANK” TO BE COLLUSIVELY USED AT A LATER DATE.
WE HAD 132 NOTICE(S) FILED TODAY FOR 640,000 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 STRONG SIZED 10,886 CONTRACTS TO 469.026 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 – 2910 CONTRACTS
WE HAD A STRONG SIZED DECREASE IN COMEX OI ( 10,886 CONTRACTS) WITH OUR $19.70 LOSS IN PRICE. WE ALSO HAD A STRONG INITIAL STANDING IN GOLD TONNAGE FOR MAY. AT 3.5085 TONNES ON FIRST DAY NOTICE // PLUS 100 OZ QUEUE. JUMP :(QUEUE JUMPING = EXERCISING LONDON BASED EFP’S, ATTACHED TO COMEX CONTRACTS ) (EFP is the transfer of COMEX contracts immediately to London for potential gold deliveries originating from London)/+ /A SMALLER ISSUANCE OF 708 T.A.S. CONTRACTS/STRONG FRONT END OF TAS LIQUIDATION THURSDAY ////YET ALL OF..THIS HAPPENED WITH OUR $19.70 LOSS IN PRICE WITH RESPECT TO THURSDAY’S TRADING.WE HAD A GOOD SIZED LOSS OF 5073 OI CONTRACTS (15.779 PAPER TONNES) ON OUR TWO EXCHANGES.
E.F.P. ISSUANCE
THE CME RELEASED THE DATA FOR EFP ISSUANCE AND IT TOTALED A GOOD SIZED 5813 CONTRACTS:
The NEW COMEX OI FOR THE GOLD COMPLEX RESTS AT 466,116
IN ESSENCE WE HAVE A GOOD SIZED DECREASE IN TOTAL CONTRACTS ON THE TWO EXCHANGES OF 5073 CONTRACTS WITH 10,886 CONTRACTS DECREASED AT THE COMEX//TAS CONTRACTS INITIATED (ISSUED): 708 CONTRACTS) AND 5813 EFP OI CONTRACTS WHICH NAVIGATED OVER TO LONDON. THUS TOTAL OI LOSS ON THE TWO EXCHANGES OF 5073 CONTRACTS OR 15.779 TONNES.
CALCULATIONS ON GAIN/LOSS ON OUR TWO EXCHANGES
WE HAD A GOOD SIZED ISSUANCE IN EXCHANGE FOR PHYSICALS (5813 CONTRACTS) ACCOMPANYING THE STRONG SIZED LOSS IN COMEX OI (10,886) //TOTAL LOSS FOR OUR THE TWO EXCHANGES: 5073 CONTRACTS. WE HAVE ( 1) NOW RETURNED TO OUR NORMAL FORMAT OF BANKERS GOING SHORT AND SPECULATORS GOING LONG ,2.) GOOD INITIAL STANDING AT THE GOLD COMEX FOR MAY AT 3.5085 TONNES FOLLOWED BY TODAY’S QUEUE JUMP OF 100 OZ // NEW STANDING: 19.094 TONNES+ 1.244 TONNES OF EXCHANGE FOR RISK//NEW TOTALS FOR GOLD STANDING FOR MAY: 20.338 TONNES // ///3) SOME LONG LIQUIDATION//4) STRONG SIZED COMEX OPEN INTEREST LOSS/ 5) GOOD ISSUANCE OF EXCHANGE FOR PHYSICAL PAPER///6: SMALLER T.A.S. ISSUANCE: 708 CONTRACTS
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