by Harvey Organ, Harvey Organ Blog:
GOLD BREAKS OUT AND CLIMBS $19.00 TO $2047.20/SILVER ALSO HAS A STELLAR DAY, UP $0.53 TO $25.95//PLATINUM CLOSED DOWN $16.25 TO $1041.25 WHILE PALLADIUM ROSE $16.25 TO $1458.60//THE BIG NEWS TODAY IS IN THE USA HAS MAJOR REGIONAL BANKS RESUME THEIR DOWNWARD SPIRAL, MAINLY PACWEST AND FIRST HORIZON//ALSO ZION BANK/ AND USB ARE HAVING TROUBLES/COVID UPDATES/DR PAUL ALEXANDER//VACCINE IMPACT/SLAY NEWS//A GOOD READ: MATHEW PIEPENBURG//EU BACKS HOLLAND’S GOVERNMENT BANNING NITROGEN EMISSIONS (TOTALLY NUTS)//RUSSIA STATES THAT IT WAS THE USA BEHIND THE DRONE STRIKE ON AN OIL REFINERY//AND THEY RESPOND IN KIND
TRUTH LIVES on at https://sgtreport.tv/
GOLD PRICE CLOSED: UP $19.00 TO $2047.20
SILVER PRICE CLOSED: UP 53 CENTS AT $25.95
Access prices: closes 4: 15 PM
Gold ACCESS CLOSE $2050.00
Silver ACCESS CLOSE: 26.06
GOLD AND SILVER ARE BREAKING OUT. GOLD INTRADAY SURPASSED ITS RECORD HGH OF 2069 BUT FELL BACK ON BANK SHORT SELLING. THE KEY TO WATCH IS SILVER IF IT BREAKS 26.25. IT BROKE INTO THE $26.00 LATE THIS AFTERNOON.
Bitcoin morning price:, $29,209 UP 419 Dollars
Bitcoin: afternoon price: $28,845 UP 55 dollars
Platinum price closing $1041.25 DOWN $16.75
Palladium price; $1458.69 UP $26.90
“Our government… teaches the whole people by its example. If the government becomes the lawbreaker, it breeds contempt for law; it invites every man to become a law unto himself; it invites anarchy.” … Louis D Brandeis (former Supreme Court Justice)
GO GATA!
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: $2,775.35 UP 10.20 CDN dollars per oz (ALL TIME HIGH 2,775.35*) ALL TIME HIGH HIT TODAY//CLOSING
BRITISH GOLD: 1630.29 UP 13.20 pounds per oz//(ALL TIME HIGH//CLOSING///1630.29)*ALL TIME CLOSING HIGH TODAY
EURO GOLD: 1861.21 UP 7.56 euros per oz //(ALL TIME HIGH/CLOSING//1861.21)*//ALL TIME CLOSING HIGH
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EXCHANGE: COMEX
CAPITAL 4
624 H BOFA SECURITIES 1100
657 C MORGAN STANLEY 6
661 C JP MORGAN 242 264
726 C CUNNINGHAM COM 1
737 C ADVANTAGE 18 2
800 C MAREX SPEC 9
880 H CITIGROUP 1234
905 C ADM 1
TOTAL: 1,503 1,503
JPMorgan stopped 264/1503 contracts
FOR MAY:
GOLD: NUMBER OF NOTICES FILED FOR MAY/2023. CONTRACT: 1503 NOTICES FOR 150,300 OZ or 4.6749 TONNES
total notices so far: 4495 contracts for 449,500 oz (13.981 tonnes)
FOR MAY:
SILVER NOTICES: 26 NOTICE(S) FILED FOR 130,000 OZ/
total number of notices filed so far this month : 1718 for 8,565,000 oz
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END
GLD
WITH GOLD UP $13.90
INVESTORS SWITCHING TO SPROTT PHYSICAL (PHYS) INSTEAD OF THE FRAUDULENT GLD
/NO CHANGES IN GOLD INVENTORY AT THE GLD:///
INVENTORY RESTS AT 928.30 TONNES
Silver//
WITH NO SILVER AROUND AND SILVER UP 11 CENTS AT THE SLV//
SMALL CHANGES IN SILVER INVENTORY AT THE SLV: A DEPOSIT OF 0.174 MILLION OZ FROM THE SLV/: INVESTORS ARE SWITCHING SLV TO SPROTT’S PSLV.
CLOSING INVENTORY: 467.244 MILLION OZ
Let us have a look at the data for today
SILVER//OUTLINE
SILVER COMEX OI ROSE BY A TINY SIZED 85 CONTRACTS TO 142,490 AND CLOSER TO THE RECORD HIGH OI OF 244,710, SET FEB 25/2020 AND THIS STRONG SIZED GAIN IN COMEX OI WAS ACCOMPLISHED WITH OUR $0.11 GAIN IN SILVER PRICING AT THE COMEX ON WEDNESDAY. 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 $0.11). AND WERE UNSUCCESSFUL IN KNOCKING ANY SPEC LONGS AS WE HAD A GIGANTIC GAIN ON OUR TWO EXCHANGES OF 1861 CONTRACTS. WE HAD 600 CRIMINAL NOTICES FILED IN THE CATEGORY OF EXCHANGE FOR RISK TRANSFER FOR 3 MILLION OZ// ( THE TOTAL ISSUED IN THIS CATEGORY SO FAR THIS MONTH TOTAL 3 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 HUMONGOUS ISSUANCE OF EXCHANGE FOR PHYSICALS( 1861 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 5,000 OZ(E.FP.’S LOWER THE AMOUNT OF SILVER STANDING)+ 3.0 MILLION OZ OF EXCHANGE FOR RISK(RAISES THE AMOUNT OF SILVER STANDING):THUS TOTAL OF 15.735 MILLION OZ OF STANDING FOR DELIVERY V) TINY SIZED COMEX OI GAIN/ HUMONGOUS SIZED EFP ISSUANCE/
I AM NOW RECORDING THE DIFFERENTIAL IN OI FROM PRELIMINARY TO FINAL –133 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 4 days, total 3271 contracts: OR 16.355 MILLION OZ . (818 CONTRACTS PER DAY)
TOTAL EFP’S FOR THE MONTH SO FAR: 16.355 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 16.355 MILLION OZ/INITIAL
RESULT: WE HAD A TINY SIZED INCREASE IN COMEX OI SILVER COMEX CONTRACTS OF 85 CONTRACTS WITH OUR $0.11 GAIN IN SILVER PRICING AT THE COMEX//WEDNESDAY.,. THE CME NOTIFIED US THAT WE HAD A HUMONGOUS SIZED EFP ISSUANCE CONTRACTS: 1861 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 APRIL OF 13.105 MILLION OZ//FIRST DAY NOTICE FOLLOWED BY TODAY’S E.F.P. JUMP OF 5,000 OZ (DECREASES THE AMOUNT OF SILVER STANDING) +// + 3.00 MILLION NEW EXCHANGE FOR RISK TODAY (INCREASES THE AMOUNT OF SILVER STANDING) //TOTAL STANDING 12.735 MILLION OZ + 3.0 MILLION = 15.735 MILLION OZ// .. WE HAVE A HUGE SIZED GAIN OF 1813 OI CONTRACTS ON THE TWO EXCHANGES
WE HAD 26 NOTICE(S) FILED TODAY FOR 130,000 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 HUGE SIZED 10,400 CONTRACTS TO 504,938 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 734 CONTRACTS
WE HAD A HUGE SIZED INCREASE IN COMEX OI ( 11,134 CONTRACTS) WITH OUR $13.90 GAIN IN PRICE. WE ALSO HAD A STRONG INITIAL STANDING IN GOLD TONNAGE FOR MAY. AT 3.5085 TONNES ON FIRST DAY NOTICE // PLUS A MONSTROUS 130,200 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)////YET ALL OF..THIS HAPPENED WITH OUR $13.90 GAIN IN PRICE WITH RESPECT TO WEDNESDAY’S TRADING.WE HAD A GIGANTIC SIZED GAIN OF 13,770 OI CONTRACTS (42.830 PAPER TONNES) ON OUR TWO EXCHANGES.
E.F.P. ISSUANCE
THE CME RELEASED THE DATA FOR EFP ISSUANCE AND IT TOTALED A FAIR SIZED 3370 CONTRACTS:
The NEW COMEX OI FOR THE GOLD COMPLEX RESTS AT 504,938
IN ESSENCE WE HAVE A HUGE SIZED INCREASE IN TOTAL CONTRACTS ON THE TWO EXCHANGES OF 13,770 CONTRACTS WITH 10,400 CONTRACTS INCREASED AT THE COMEX AND 3370 EFP OI CONTRACTS WHICH NAVIGATED OVER TO LONDON. THUS TOTAL OI GAIN ON THE TWO EXCHANGES OF 13,770 CONTRACTS OR 42.830 TONNES.
CALCULATIONS ON GAIN/LOSS ON OUR TWO EXCHANGES
WE HAD A FAIR SIZED ISSUANCE IN EXCHANGE FOR PHYSICALS (3370 CONTRACTS) ACCOMPANYING THE HUGE SIZED GAIN IN COMEX OI (10,400 //TOTAL GAIN IN THE TWO EXCHANGES 13,770 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 MONSTROUS QUEUE JUMP OF 130,200 OZ // NEW STANDING: 14.0281 TONNES // ///3) ZERO LONG LIQUIDATION//4) HUGE SIZED COMEX OPEN INTEREST GAIN/ 5) FAIR ISSUANCE OF EXCHANGE FOR PHYSICAL PAPER/
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: 12,193 CONTRACTS OR 1,219,300 OZ OR 37.925 TONNES IN 4 TRADING DAY(S) AND THUS AVERAGING: 3040 EFP CONTRACTS PER TRADING DAY
TO GIVE YOU AN IDEA AS TO THE SIZE OF THESE EFP TRANSFERS : THIS MONTH IN 4 TRADING DAY(S) IN TONNES 37.925 TONNES
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