by Harvey Organ, Harvey Organ Blog:
GOLD PRICE UP $14.55 TO $1959.00//SILVER DOWN 9 CENTS TO $23.25//PLATINUM DOWN $5.45 TO $1925.85//PALLADIUM IS UP 30 CENTS TO$1406.50//MUST READS: MATHEW PIEPENBERG AND PETER SCHIFF//IN CHINA HUGE NUMBER OF SHADOW BANKING DEFAULTS//UKRAINE VS RUSSIA UPDATES//GOOD COMMENTARY FROM COL MACGREGOR//TURKISH LIRA COLLAPSES ON THE NEWS OF ERDOGAN’S ELECTION VICTORY///SERBIA AND KOSOVO UNDERGO HUGE BATTLES AT THEIR BORDER//COVID UPDATES/VACCINE IMPACT/DR PAUL ALEXANDER/SLAY NEWS/EVOL NEWS/UPDATES ON THE DEBT CEILING FIASCO//STATE FARM HALTS HOME INSURANCE IN CALIFORNIA AS THEY ARE SUFFERING HUGE LOSSES WITH FIRES ETC
TRUTH LIVES on at https://sgtreport.tv/
GOLD PRICE CLOSED: UP $14.05 TO $1958.00
SILVER PRICE CLOSED: DOWN $0.09 AT $23.14
Access prices: closes 4: 15 PM
Gold ACCESS CLOSE 1959.20
Silver ACCESS CLOSE: 23.19
xxxxxxxxxxxxxxxxxxxxxxxxxxxxxx
Bitcoin morning price:, $27,956 UP 1161 Dollars
Bitcoin: afternoon price: $27,838 UP 1043 dollars
Platinum price closing $1020.95 DOWN $5.45
Palladium price; $1406.80 UP $0.30
“Our system is so stinkin’ corrupt that we owe Sodom and Gomorrah an apology.” … Trader Dan Norcini in 2009
GO GATA!
END
LBMA options expiry: TOMORROW//PROBABILITY OF A RAID TOMORROW IS VERY HIGH
AS GOLD WAS UP STRONGLY TODAY BUT HUI WAS DOWN. THE CROOKS WILL RAID ON FDN.
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: $2,663,64 UP 13.50 CDN dollars per oz (ALL TIME HIGH 2,775.35)
BRITISH GOLD: 1578.76 UP 2.40 pounds per oz//(ALL TIME HIGH//CLOSING///1630.29)
EURO GOLD: 1825,50 UP 11.20 euros per oz //(ALL TIME HIGH/CLOSING//1861.21)//
DONATE
Click here if you wish to send a donation. I sincerely appreciate it as this site takes a lot of preparation
EXCHANGE: COMEX
CONTRACT: MAY 2023 COMEX 5000 SILVER FUTURES
SETTLEMENT: 22.786000000 USD
INTENT DATE: 05/26/2023 DELIVERY DATE: 05/30/2023
FIRM ORG FIRM NAME ISSUED STOPPED
zero for gold
MONTH TO DATE: 6140
JPMorgan stopped o/0 contracts
FOR MAY:
GOLD: NUMBER OF NOTICES FILED FOR MAY/2023. CONTRACT: 0 NOTICES FOR 0 OZ or 0.003110 TONNES
total notices so far: 6140 contracts for 614,000 oz (19.094 tonnes)
FOR MAY:
SILVER NOTICES: 4 NOTICE(S) FILED FOR 200,000 OZ/
total number of notices filed so far this month : 2694 for 13,470,000 oz
XXXXXXXXXXXXXXXXXXXXXXXX
Click here if you wish to send a donation. I sincerely appreciate it as this site takes a lot of preparation
END
GLD
WITH GOLD UP UP $14.55
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 DOWN 9 CENTS AT THE SLV//
NO CHANGES IN SILVER INVENTORY AT 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 FELL BY A HUGE SIZED 1025 CONTRACTS TO 135,152 AND FURTHER FROM THE RECORD HIGH OI OF 244,710, SET FEB 25/2020 AND THIS HUGE SIZED LOSS IN COMEX OI WAS ACCOMPLISHED DESPITE OUR VERY STRONG $0.44 RISE IN SILVER PRICING AT THE COMEX ON FRIDAY. TAS ISSUANCE WAS A TOUCH SMALLER SIZED 517 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 FRIDAY: A LITTLE SMALLER 517 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 UNSUCCESSFUL IN KNOCKING THE PRICE OF SILVER DOWN (IT ROSE BY $0.44). BUT WERE UNSUCCESSFUL IN KNOCKING SOME SPEC LONGS AS WE HAD A HUGE LOSS ON OUR TWO EXCHANGES OF 731 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 FAIR SIZED ISSUANCE OF EXCHANGE FOR PHYSICALS( 245 CONTRACTS) iiii) AN INITIAL SILVER STANDING FOR COMEX SILVER MEASURING AT 13.105 MILLION OZ(FIRST DAY NOTICE) FOLLOWED BY TODAY’S QUEUE JUMP OF 140,000 OZ (QUEUE. JUMP RAISES 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 20.340 MILLION OZ OF SILVER STANDING FOR DELIVERY V) STRONG SIZED COMEX OI LOSS/ FAIR SIZED EFP ISSUANCE/VI) SMALLER NUMBER OF T.A.S. CONTRACT INITIATION (517 CONTRACTS)//CONSIDERABLE T.A.S LIQUIDATION MANIPULATING THE PRICE SOUTHBOUND FRIDAY.
I AM NOW RECORDING THE DIFFERENTIAL IN OI FROM PRELIMINARY TO FINAL -removed 49 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 21 days, total 13,055 contracts: OR 65.275 MILLION OZ . (621 CONTRACTS PER DAY)
TOTAL EFP’S FOR THE MONTH SO FAR: 65.275 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 65.275 MILLION OZ/INITIAL (MUCH SMALLER THIS MONTH)
RESULT: WE HAD A HUGE SIZED DECREASE IN COMEX OI SILVER COMEX CONTRACTS OF 976 CONTRACTS DESPITE OUR STRONG SIZED $0.44 GAIN
IN SILVER PRICING AT THE COMEX//FRIDAY.,. THE CME NOTIFIED US THAT WE HAD A SMALL SIZED EFP ISSUANCE CONTRACTS: 245 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 QUEUE JUMP OF 140,000 OZ (INCREASES 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 13.590 MILLION OZ + 6.75 MILLION EXCH./RISK = 20.340 MILLION OZ STANDING FOR MAY// .. WE HAVE A HUGE SIZED LOSS OF 731 OI CONTRACTS ON THE TWO EXCHANGES. THE TOTAL OF TAS INITIATED CONTRACTS TODAY: A SMALLER 517//CONSIDERABLE FRONT END OF THE TAS CONTRACTS WERE LIQUIDATED FRIDAY. THE NEW TAS ISSUANCE WILL BE PUT INTO “THE BANK” TO BE COLLUSIVELY USED AT A LATER DATE.
WE HAD 4 NOTICE(S) FILED TODAY FOR 20,000 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 VERY STRONG SIZED 12,768 CONTRACTS TO 453,348 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 – 296 CONTRACTS
WE HAD A VERY STRONG SIZED DECREASE IN COMEX OI ( 12,768 CONTRACTS) DESPITE OUR $0.90 GAIN IN PRICE. WE ALSO HAD A STRONG INITIAL STANDING IN GOLD TONNAGE FOR MAY. AT 3.5085 TONNES ON FIRST DAY NOTICE // PLUS 0 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 LARGER ISSUANCE OF 1016 T.A.S. CONTRACTS/STRONG FRONT END OF TAS LIQUIDATION FRIDAY ////YET ALL OF..THIS HAPPENED WITH ONLY A $0.90 GAIN IN PRICE WITH RESPECT TO FRIDAY’S TRADING.WE HAD A STRONG SIZED LOSS OF 10,074 OI CONTRACTS (31.33 PAPER TONNES) ON OUR TWO EXCHANGES.
E.F.P. ISSUANCE
THE CME RELEASED THE DATA FOR EFP ISSUANCE AND IT TOTALED A FAIR SIZED 2694 CONTRACTS:
The NEW COMEX OI FOR THE GOLD COMPLEX RESTS AT 453,348
IN ESSENCE WE HAVE A GOOD SIZED DECREASE IN TOTAL CONTRACTS ON THE TWO EXCHANGES OF 10,074 CONTRACTS WITH 12,768 CONTRACTS DECREASED AT THE COMEX//TAS CONTRACTS INITIATED (ISSUED): 1016 CONTRACTS) AND 2694 EFP OI CONTRACTS WHICH NAVIGATED OVER TO LONDON. THUS TOTAL OI LOSS ON THE TWO EXCHANGES OF 10,074 CONTRACTS OR 31.33 TONNES.
CALCULATIONS ON GAIN/LOSS ON OUR TWO EXCHANGES
WE HAD A FAIR SIZED ISSUANCE IN EXCHANGE FOR PHYSICALS (2694 CONTRACTS) ACCOMPANYING THE STRONG SIZED LOSS IN COMEX OI (12,768) //TOTAL LOSS FOR OUR THE TWO EXCHANGES: 10,074 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 0 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) VERY STRONG SIZED COMEX OPEN INTEREST LOSS/ 5) FAIR ISSUANCE OF EXCHANGE FOR PHYSICAL PAPER///6: LARGER T.A.S. ISSUANCE: 1016 CONTRACTS
HISTORICAL ACCUMULATION OF EXCHANGE FOR PHYSICALS IN 2023 INCLUDING TODAY
MAY
ACCUMULATION OF EFP’S GOLD AT J.P. MORGAN’S HOUSE OF BRIBES: (EXCHANGE FOR PHYSICAL) FOR THE MONTH OF MAY :
TOTAL EFP CONTRACTS ISSUED: 71,385 CONTRACTS OR 7,138,500 OZ OR 222.03 TONNES IN 21 TRADING DAY(S) AND THUS AVERAGING: 3399 EFP CONTRACTS PER TRADING DAY
TO GIVE YOU AN IDEA AS TO THE SIZE OF THESE EFP TRANSFERS : THIS MONTH IN 21 TRADING DAY(S) IN TONNES 222.03 TONNES
TOTAL ANNUAL GOLD PRODUCTION, 2022, THROUGHOUT THE WORLD EX CHINA EX RUSSIA: 3555 TONNES
THUS EFP TRANSFERS REPRESENTS 222.03/3550 x 100% TONNES 6.25% 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//
TOTALS: 2,578.08 TONNES/2021
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
TOTAL: 2,847,25 TONNES/2022
JAN 2023: 228.49 TONNES FINAL//HUGE AMOUNT OF EFP’S ISSUED THIS MONTH!!
FEB: 151.61 TONNES/FINAL
MARCH: 280.09 TONNES/INITIAL (ANOTHER STRONG MONTH FOR EFP ISSUANCE)
APRIL: 197.42 TONNES ( MUCH SMALLER THAN LAST MONTH)
MAY: 222.03 TONNES
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 JUNE. WE ARE NOW INTO THE SPREADING OPERATION OF GOLD
Read More @ HarveyOrganBlog.com
