by Harvey Organ, Harvey Organ Blog:
ED HIKES RATES BY .75% BUT EXTENDS DOTS OUTWARD TO 4.6%//GOLD CLOSED UP $4.70 TO $1667.75//SILVER CLOSED UP 33 CENTS TO $19.50//PLATINUM CLOSED DOWN $2.75 TO $918.40//PALLADIUM CLOSED DOWN $23.55 TO $2123.75//MATHEW PIEPENBERG: A MUST READ//PUTIN CALLS UP 300,000 RESERVES IN HIS BATTLE WITH THE WEST (AND UKRAINE)//EUROPE’S BATTLE WITH HIGHER ENERGY COSTS//COVID UPDATES// DR PAUL ALEXANDER//VACCINE IMPACT//VACCINE INJURY//USA EXISTING HOUSING STARTS FALLS AGAIN SETTING THE STAGE FOR ANOTHER DOWNGRADE FROM ATLANTA FED//QUIETLY FACEBOOK AND GOOGLE SHED EMPLOYEES/THE USA 2 YR INTEREST RATE TOPS 4%
TRUTH LIVES on at https://sgtreport.tv/
Gold ACCESS CLOSE 1674.
Silver ACCESS CLOSE: 19.55
Bitcoin morning price: $19,134 down $345
Bitcoin: afternoon price: $19,134 DOWN $345
Platinum price closing DOWN $2.75 AT $918.40
Palladium price; closing DOWN $23.55 at $2123.75
END
DONATE
Click here if you wish to send a donation. I sincerely appreciate it as this site takes a lot of preparation.
EXCHANGE: COMEX
COMEX//NOTICES FILED
EXCHANGE: COMEX
CONTRACT: SEPTEMBER 2022 COMEX 100 GOLD FUTURES
SETTLEMENT: 1,659.700000000 USD
INTENT DATE: 09/20/2022 DELIVERY DATE: 09/22/2022
FIRM ORG FIRM NAME ISSUED STOPPED
323 C HSBC 52
435 H SCOTIA CAPITAL 1
624 H BOFA SECURITIES 437
657 C MORGAN STANLEY 20
661 C JP MORGAN 805
709 C BARCLAYS 1651
737 C ADVANTAGE 9 6
800 C MAREX SPEC 10
880 H CITIGROUP 349
TOTAL: 1,670 1,670
MONTH TO DATE: 7,775
________________________________________________________________
GOLD: NUMBER OF NOTICES FILED FOR SEPT CONTRACT:
1670 NOTICES FOR 167,000 OZ //5.194 TONNES
total notices so far: 7775 contracts for 777,500 oz (24.105 tonnes)
SILVER NOTICES: 26 NOTICES FILED FOR 130,000 OZ/
total number of notices filed so far this month 6488 : for 32,440,000 oz
END
Russia is a major supplier of silver to London while Mexico supplies the COMEX
With the sanctions, London has no way to obtain silver other than compete with NY.
GLD
WITH GOLD UP $4.70
WITH RESPECT TO GLD WITHDRAWALS: (OVER THE PAST FEW MONTHS):
GOLD IS “RETURNED” TO THE BANK OF ENGLAND WHEN CALLING IN THEIR LEASES: THE GOLD NEVER LEAVES THE BANK OF ENGLAND IN THE FIRST PLACE. THE BANK IS PROTECTING ITSELF IN CASE OF COMMERCIAL FAILURE
ALSO INVESTORS SWITCHING TO SPROTT PHYSICAL (PHYS) INSTEAD OF THE FRAUDULENT GLD//
BIG CHANGES IN GOLD INVENTORY AT THE GLD: //// A WITHDRAWAL OF 5.79 TONNES FROM THE GLD/
INVENTORY RESTS AT 952.16 TONNES
Silver//SLV
WITH NO SILVER AROUND AND SILVER UP $.33
AT THE SLV// ://GIGANTIC CHANGES IN SILVER INVENTORY AT THE SLV//: STRANGE ADEPOSIT OF 2.902 MILION OZ INTO THE SLV//
INVESTORS ARE SWITCHING SLV TO SPROTT’S PSLV
CLOSING INVENTORY: 482.115 MILLION OZ
Let us have a look at the data for today
SILVER//OUTLINE
SILVER COMEX OI FELL BY A STRONG SIZED 578 CONTRACTS TO 132,107. AND FURTHER FROM THE NEW RECORD OF 244,710, SET FEB 25/2020 AND THE STRONG LOSS IN COMEX OI WAS ACCOMPLISHED WITH OUR $0.18 LOSS IN SILVER PRICING AT THE COMEX ON TUESDAY. OUR BANKERS WERE SUCCESSFUL IN KNOCKING THE PRICE OF SILVER DOWN (IT FELL BY $0.18) BUT WERE UNSUCCESSFUL IN KNOCKING OFF ANY SPEC SILVER LONGS BUT WE DID HAVE A STRONG SILVER SHORT COVERING AS WE HAD A GOOD SIZED LOSS OF OF 524 CONTRACTS ON OUR TWO EXCHANGES. THE SPECS ARE FLEEING AS FAST AS THEIR LITTLE FEET WILL CARRY THEM.
WE MUST HAVE HAD:
I) STRONG SPECULATOR SHORT COVERING ////CONTINUED BANKER OI COMEX ADDITIONS /. II) WE ALSO HAD SOME REDDIT RAPTOR BUYING//. iii) A TINY ISSUANCE OF EXCHANGE FOR PHYSICALS iiii) AN INITIAL SILVER STANDING FOR COMEX SILVER MEASURING AT 3.855 MILLION OZ FOLLOWED BY TODAY’S 50,000 OZ QUEUE JUMP / // V) STRONG SIZED COMEX OI LOSS/(//CONSIDERABLE SPEC LIQUIDATION/)
I AM NOW RECORDING THE DIFFERENTIAL IN OI FROM PRELIMINARY TO FINAL: -29
HISTORICAL ACCUMULATION OF EXCHANGE FOR PHYSICALS SEPT. ACCUMULATION FOR EFP’S SILVER/JPMORGAN’S HOUSE OF BRIBES/STARTING FROM FIRST DAY/MONTH OF SEPT:
TOTAL CONTRACTS for 14 days, total 11,757 contracts: 58.785 million oz OR 4.190 MILLION OZ PER DAY. (839 CONTRACTS PER DAY)
TOTAL EFP’S FOR THE MONTH SO FAR: 58.785 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. 58.785 MILLION OZ///
RESULT: WE HAD A STRONG SIZED DECREASE IN COMEX OI SILVER COMEX CONTRACTS OF 578 WITH OUR $0.18 LOSS IN SILVER PRICING AT THE COMEX// TUESDAY.,. THE CME NOTIFIED US THAT WE HAD A TINY SIZED EFP ISSUANCE CONTRACTS: 25 CONTRACTS ISSUED FOR DEC AND 0 CONTRACTS ISSUED FOR ALL OTHER MONTHS) WHICH EXITED OUT OF THE SILVER COMEX TO LONDON AS FORWARDS THE DOMINANT FEATURE TODAY: /GOOD BANKER ADDITIONS A// CONSIDERABLE NET SPEC SHORT COVERINGS /// WE HAVE A GOOD INITIAL SILVER OZ STANDING FOR AUGUST. OF 3.855 MILLION OZ FOLLOWED BY TODAY’S 50,000 OZ QUEUE JUMP // .. WE HAD A STRONG SIZED LOSS OF 553 OI CONTRACTS ON THE TWO EXCHANGES FOR 2.765MILLION OZ AS..THE SPECS STILL ARE BEING SENT TO THE SLAUGHTER HOUSE.
Read More @ HarveyOrganBlog.com
