by Harvey Organ, Harvey Organ Blog:
GOLD ROSE BY $2.95 TO $1677.75//SILVER WAS UP $.12 TO $20.74//PLATINUM WAS UP A STRONG $24.15 TO $981.50//PALLADIUM WAS UP $48.65 TO $1901.55//COVID UPDATES//VACCINE IMPACT//DR PAUL ALEXANDER//UKRAINIANS HIT THE KHERSON DAM WITH ONE MISSILE WITH SO AMOUNTS OF DAMAGE SO FAR//FRANCE’S BIGGEST GLASS MANUFACTURER DURALEX SHUTTING DOWN FOR 6 MONTHS BECAUSE OF HIGH ENERGY COSTS//FRANCE ALSO REPORTS LOWER NUCLEAR OUTPUT AND WARNS OF A HARSHER WINTER//ITALY REFUSES TO ALSO MIGRANTS TO ENTER ITS COUNTRY//PEPE ESCOBAR: A MUST READ!!//USA GREENLIGHTS ROCKETS TO FINLAND AND THAT WILL THOROUGHLY UPSET RUSSIA//COMCAST ANNOUNCES IT WILL BEGIN TO LAYOFF EMPLOYEES
TRUTH LIVES on at https://sgtreport.tv/
GOLD PRICE CLOSE: UP $2.95 to $1677.75
SILVER PRICE CLOSE: UP $0.12 to $20.86
Access prices: closes : 4: 15 PM
Gold ACCESS CLOSE 1674.50
Silver ACCESS CLOSE: 20.79
New: early yesterday morning//
Bitcoin morning price: $20,790 DOWN 199
Bitcoin: afternoon price: $20,847 DOWN 142
Platinum price closing UP $24.15 AT $981,50
Palladium price; closing UP $48.65 at $1901.55
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: 2259.85 DOLLARS DOWN 2.82 CDN DOLLARS PER OZ
BRITISH GOLD: 1453.99 POUNDS PER OZ DOWN 21.00 POUNDS PER OZ
EURO GOLD: 1670.70 EUROS PER OZ DOWN 15.47 EUROS PER OZ.
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EXCHANGE: COMEX
EXCHANGE: COMEX
CONTRACT: NOVEMBER 2022 COMEX 100 GOLD FUTURES
SETTLEMENT: 1,672.500000000 USD
INTENT DATE: 11/04/2022 DELIVERY DATE: 11/08/2022
FIRM ORG FIRM NAME ISSUED STOPPED
132 C SG AMERICAS 7
190 H BMO CAPITAL 24
323 C HSBC 15
661 C JP MORGAN 280 83
732 C RBC CAP MARKETS 1
737 C ADVANTAGE 20 20
800 C MAREX SPEC 5 3
880 C CITIGROUP 15
880 H CITIGROUP 136
905 C ADM 1
TOTAL: 305 305
JPMORGAN STOPPED 83/305
GOLD: NUMBER OF NOTICES FILED FOR NOV. CONTRACT: 305 NOTICES FOR 30,500 OZ or 0.9486 TONNES
total notices so far: 4858 contracts for 485,800 oz (15.110 tonnes)
SILVER NOTICES: 7 NOTICE(S) FILED FOR 35,000 OZ/
total number of notices filed so far this month 161 : for 805,000 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 $2.95
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 BIG CHANGE IN GLD INVENTORY: A WITHDRAWAL OF 1.63 TONNES FROM THE GLD// /INVENTORY LOWERS TO 920.57 TONNES
INVENTORY RESTS AT 909.96 TONNES
Silver//SLV
WITH NO SILVER AROUND AND SILVER UP $0.12
AT THE SLV// :/NO CHANGES IN SILVER INVENTORY AT THE SLV: A WITHDRAWAL OF OF 00.00 MILLION OZ INTO THE SLV
INVESTORS ARE SWITCHING SLV TO SPROTT’S PSLV
CLOSING INVENTORY: 477.678 MILLION OZ
Let us have a look at the data for today
SILVER//OUTLINE
SILVER COMEX OI FELL BY A FAIR SIZED 558 CONTRACTS TO 138,558 AND FURTHER FROM THE RECORD HIGH OI OF 244,710, SET FEB 25/2020 AND THE FAIR LOSS IN COMEX OI WAS ACCOMPLISHED DESPITE OU HUGER $1.31 GAIN IN SILVER PRICING AT THE COMEX ON FRIDAY. OUR SHORTERS/HFT WERE UNSUCCESSFUL IN KNOCKING THE PRICE OF SILVER DOWN (IT ROSE BY $1.31)., AND WERE UNSUCCESSFUL IN KNOCKING OFF ANY SPEC LONGS, AS WE HAD A HUGE GAIN IN OUR TWO EXCHANGES OF 5948 CONTRACTS. WE HAD A CONSIDERABLE ATTEMPT AT SPEC SHORT COVERING THEIR SHORTFALLS BUT TO LITTLE AVAIL.WE HAD NO SPEC SHORT ADDITIONS AS THE PRICE ESCALATED AWAY FROM THEM CAUSING LOTS OF LOSSES. // OUR BANKERS CONTINUE TO BE PURCHASERS OF NET COMEX LONGS. SOME NEWBIE SPEC LONGS ADDED TO THEIR POSITIONS CAUSING MISERY TO OUR SHORTERS.
WE MUST HAVE HAD:
I) CONSIDERABLE ATTEMPTED SPECULATOR SHORT COVERINGS WITH NO SHORT ADDITIONS ////CONTINUED BANKER OI COMEX ADDITIONS /// SOME NEWBIE SPEC LONG ADDITIONS. II) WE ALSO HAD SOME REDDIT RAPTOR BUYING//. iii) A MAMMOTH ISSUANCE OF EXCHANGE FOR PHYSICALS iiii) AN INITIAL SILVER STANDING FOR COMEX SILVER MEASURING AT 1.045 MILLION OZ FOLLOWED BY TODAY’S 80,000 QUEUE JUMP//NEW STANDING:1.485 MILLION OZ/ / // V) FAIR SIZED COMEX OI LOSS/
I AM NOW RECORDING THE DIFFERENTIAL IN OI FROM PRELIMINARY TO FINAL: -171
HISTORICAL ACCUMULATION OF EXCHANGE FOR PHYSICALS NOV. ACCUMULATION FOR EFP’S SILVER/JPMORGAN’S HOUSE OF BRIBES/STARTING FROM FIRST DAY/MONTH OF NOV:
TOTAL CONTRACTS for 5 days, total 9820 contracts: 49.100 million oz OR 9.820MILLION OZ PER DAY. (1964 CONTRACTS PER DAY)
TOTAL EFP’S FOR THE MONTH SO FAR: 49.100 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: 49.100 MILLION
RESULT: WE HAD A FAIR SIZED DECREASE IN COMEX OI SILVER COMEX CONTRACTS OF 558 DESPITE OUR HUGE $1.31 GAIN IN SILVER PRICING AT THE COMEX// FRIDAY.,. THE CME NOTIFIED US THAT WE HAD A MAMMOTH SIZED EFP ISSUANCE CONTRACTS: 6,335 CONTRACTS ISSUED FOR DEC 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 NOV. OF 1.345 MILLION OZ FOLLOWED BY TODAY’S 80,000 QUEUE JUMP/ .. WE HAVE AN ATMOSPHERIC SIZED GAIN OF 5948 OI CONTRACTS ON THE TWO EXCHANGES FOR 5.075 MILLION OZ.. THE SILVER SHORTS ARE NOW TRAPPED AS THEY ARE HAVING CONSIDERABLE DIFFICULTY IN COVERING THOSE SHORTS ESPECIALLY WITH THE HUGE GAIN IN PRICE ON FRIDAY.
WE HAD 7 NOTICE(S) FILED TODAY FOR 35,000 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 8687 CONTRACTS TO 474,056 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 -710 CONTRACTS.
.
THE STRONG SIZED DECREASE IN COMEX OI CAME DESPITE OUR HUGE RISE IN PRICE OF $44.45//COMEX GOLD TRADING/FRIDAY // CONSIDERABLE ATTEMPTED SPECULATOR SHORT COVERINGS//ZERO SPEC SHORT ADDITIONS, ACCOMPANYING OUR STRONG SIZED EXCHANGE FOR PHYSICAL ISSUANCE./. WE HAD ZERO LONG LIQUIDATION WITH CONTINUED ADDITIONS TO OUR BANKER LONGS!! THE COMEX WILL BLOW UP AS THE SPECS CANNOT DELIVER GOLD TO OUR BANKER LONGS. WE WITNESSED DAY ONE OF THIS AS EVERYBODY WISHES TO BUY BUT NO SELLERS.
WE ALSO HAD A HUGE INITIAL STANDING IN GOLD TONNAGE FOR NOV. AT 12.386 TONNES ON FIRST DAY NOTICE FOLLOWED BY TODAY’S GOOD 3200 OZ QUEUE JUMP //(QUEUE JUMPING = EXERCISING LONDON BASED EFP’S WILL CONTINUE UNTIL MONTH’S END)
YET ALL OF..THIS HAPPENED WITH OUR HUGE RISE IN PRICE OF $44.45 WITH RESPECT TO FRIDAY’S TRADING
WE HAD A SMALL SIZED LOSS OF 3,337 OI CONTRACTS (10.38 PAPER TONNES) ON OUR TWO EXCHANGES..WITH THAT LOSS DUE TO SPECULATORS TRYING TO EXTRICATE THEMSELVES FROM THEIR MESS.
E.F.P. ISSUANCE
THE CME RELEASED THE DATA FOR EFP ISSUANCE AND IT TOTALED A STRONG SIZED 5350 CONTRACTS:
The NEW COMEX OI FOR THE GOLD COMPLEX RESTS AT 474,766
IN ESSENCE WE HAVE A FAIR SIZED DECREASE IN TOTAL CONTRACTS ON THE TWO EXCHANGES OF 2627 CONTRACTS WITH 7977 CONTRACTS DECREASED AT THE COMEX (SHORT SPECULATORS GETTING OUT OF THEIR MESS) AND 5,350 EFP OI CONTRACTS WHICH NAVIGATED OVER TO LONDON. THUS TOTAL OI LOSS ON THE TWO EXCHANGES OF 2627 CONTRACTS OR 8.171 TONNES.
CALCULATIONS ON GAIN/LOSS ON OUR TWO EXCHANGES
WE HAD A STRONG SIZED ISSUANCE IN EXCHANGE FOR PHYSICALS (5,350) ACCOMPANYING THE STRONG SIZED LOSS IN COMEX OI (8687): TOTAL LOSS IN THE TWO EXCHANGES 3337 CONTRACTS. WE NO DOUBT HAD 1) CONSIDERABLE ATTEMPTED SPECULATOR SHORT COVERINGS// CONTINUED GOOD BANKER ADDITIONS AS WELL AS ZERO SHORT SPEC ADDITIONS/// // CONSIDERABLE NEWBIE SPEC ADDITIONS ,2.) STRONG INITIAL STANDING AT THE GOLD COMEX FOR NOV. AT 12.386 TONNES FOLLOWED BY TODAY’S GOOD QUEUE JUMP OF 3200 OZ //NEW STANDING 20.186 TONNES///3) ZERO LONG LIQUIDATION //// //.,4) STRONG SIZED COMEX OPEN INTEREST LOSS 5) STRONG ISSUANCE OF EXCHANGE FOR PHYSICAL PAPER/
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