by Harvey Organ, Harvey Organ Blog:
GOLD CLOSED DOWN MARGINALLY TO THE TUNE OF $0.40 AFTER BEING WHACKED THROUGHOUT THE NIGHT: GOLD CLOSED DOWN $0.40 TO $2014.75//SILVER WAS DOWN 26 CENTS TO $23.97//PLATINUM WAS DOWN $35.85 TO $1061.25 WHILE PALLADIUM WAS DOWN $39.70 TO $1518.70//IMPORTANT COMMENTARY TO READ OVER THE WEEKEND: ALASDAIR MACLEOD/IMPORT VIDEO TO SEE ANDREW MAGUIRE INTERVIEWING DAVID TICE//COVID UPDATES: DR PAUL ALEXANDER/VACCINE IMPACT/EVOL NEWS/SLAY NEWS//UPDATE ON THE DEBT CEILING//H4 NEWS ON THE HUGE AMOUNT OF FUNDS LEAVING BANK DEPOSITS AND ENTERING THE MONEY MARKET FUNDS//HUGE UPDATES ON THE IMMIGRATION CRISIS FACING THE USA
TRUTH LIVES on at https://sgtreport.tv/
GOLD PRICE CLOSED: DOWN $0.40 TO $2014.75
SILVER PRICE CLOSED: DOWN $0.26 AT $23.97
Access prices: closes 4: 15 PM
Gold ACCESS CLOSE $2014.50
Silver ACCESS CLOSE: 24.17
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“America has been blessed never to have a native criminal class. Excepting Congress, of course.” … Mark Twain
GO GATA!
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Bitcoin morning price:, $26,339 DOWN 710 Dollars
Bitcoin: afternoon price: $26,165 DOWN 884 dollars
Platinum price closing $1061.25 DOWN $35.85
Palladium price; $1518.70 DOWN $39.70
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: $2,725.03 UP 7.00 CDN dollars per oz (ALL TIME HIGH 2,775.35)
BRITISH GOLD: 1614.92 UP 5.00 pounds per oz//(ALL TIME HIGH//CLOSING///1630.29)
EURO GOLD: 1853.24 UP 8.20 euros per oz //(ALL TIME HIGH/CLOSING//1861.21)//
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EXCHANGE: COMEX
CONTRACT: MAY 2023 COMEX 100 GOLD FUTURES
SETTLEMENT: 2,014.700000000 USD
INTENT DATE: 05/11/2023 DELIVERY DATE: 05/15/2023
FIRM ORG FIRM NAME ISSUED STOPPED
118 C MACQUARIE FUT 35
323 C HSBC 80
363 H WELLS FARGO SEC 20
435 H SCOTIA CAPITAL 3
523 C INTERACTIVE BRO 3
661 C JP MORGAN 17
690 C ABN AMRO 5
709 C BARCLAYS 1
737 C ADVANTAGE 2 8
905 C ADM 8
TOTAL: 91 91
JPMorgan stopped 17/91 contracts
FOR MAY:
GOLD: NUMBER OF NOTICES FILED FOR MAY/2023. CONTRACT: 91 NOTICES FOR 9100 OZ or 0.2830 TONNES
total notices so far: 5778 contracts for 577,800 oz (17.6972 tonnes)
FOR MAY:
SILVER NOTICES: 169 NOTICE(S) FILED FOR 845,000 OZ/
total number of notices filed so far this month : 2141 for 10,705,000 oz
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END
GLD
WITH GOLD DOWN $0.40..THIS IS INTERESTING!!
INVESTORS SWITCHING TO SPROTT PHYSICAL (PHYS) INSTEAD OF THE FRAUDULENT GLD
/HUGE CHANGES IN GOLD INVENTORY AT THE GLD:///A DEPOSIT OF 2.89 TONNES INTO THE GLD//
INVENTORY RESTS AT 937.84 TONNES
Silver//
WITH NO SILVER AROUND AND SILVER DOWN $.26 AT THE SLV// ALSO INTERESTING
HUGE CHANGES IN SILVER INVENTORY AT THE SLV: A DEPOSIT OF 3.123 MILLION OZ INTO THE SLV/: INVESTORS ARE SWITCHING SLV TO SPROTT’S PSLV.
CLOSING INVENTORY: 470.091 MILLION OZ
Let us have a look at the data for today
SILVER//OUTLINE
SILVER COMEX OI ROSE BY A GIGANTIC SIZED 1429 CONTRACTS TO 148,225 AND CLOSER TO THE RECORD HIGH OI OF 244,710, SET FEB 25/2020 AND THIS HUGE SIZED GAIN IN COMEX OI WAS ACCOMPLISHED DESPITE OUR HUGE $1.15 LOSS IN SILVER PRICING AT THE COMEX ON THURSDAY. 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 $1.15). BUT WERE UNSUCCESSFUL IN KNOCKING ANY SPEC LONGS AS WE HAD A MONSTROUS GAIN ON OUR TWO EXCHANGES OF 3372 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 4.250 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 GIGANTIC ISSUANCE OF EXCHANGE FOR PHYSICALS( 1864 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 145,000 OZ(EF.P. JUMP LOWERS THE AMOUNT OF SILVER STANDING)+0 EXCHANGE FOR RISK// TOTAL 4.25 MILLION OZ OF EXCHANGE FOR RISK FOR THE MONTH(RAISES THE AMOUNT OF SILVER STANDING):THUS TOTAL OF 17.160 MILLION OZ OF STANDING FOR DELIVERY V) HUGE SIZED COMEX OI GAIN/ HUGE SIZED EFP ISSUANCE/
I AM NOW RECORDING THE DIFFERENTIAL IN OI FROM PRELIMINARY TO FINAL –79 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 10 days, total 8429 contracts: OR 42.145 MILLION OZ . (842 CONTRACTS PER DAY)
TOTAL EFP’S FOR THE MONTH SO FAR: 42.145 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 42.145 MILLION OZ/INITIAL
RESULT: WE HAD A HUGE SIZED INCREASE IN COMEX OI SILVER COMEX CONTRACTS OF 1429 CONTRACTS DESPITE OUR $1.15 LOSS IN SILVER PRICING AT THE COMEX//THURSDAY.,. THE CME NOTIFIED US THAT WE HAD A HUGE SIZED EFP ISSUANCE CONTRACTS: 1864 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 TO LONDON OF 145,000 OZ (DECREASES THE AMOUNT OF SILVER STANDING) +// + 0.0 MILLION NEW EXCHANGE FOR RISK TODAY (INCREASES THE AMOUNT OF SILVER STANDING) //TOTAL EXCHANGE FOR RISK MONTH= 4.25 MILLION//NEW TOTALS 12.910 MILLION OZ + 4.25 MILLION = 17.160 MILLION OZ// .. WE HAVE A HUGE SIZED GAIN OF 3293 OI CONTRACTS ON THE TWO EXCHANGES
WE HAD 169 NOTICE(S) FILED TODAY FOR 845,000 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 SMALL SIZED 84 CONTRACTS TO 523,752 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 581 CONTRACTS
WE HAD A SMALL SIZED INCREASE IN COMEX OI ( 84 CONTRACTS) DESPITE OUR $15.15 LOSS IN PRICE. WE ALSO HAD A STRONG INITIAL STANDING IN GOLD TONNAGE FOR MAY. AT 3.5085 TONNES ON FIRST DAY NOTICE // PLUS 8400 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 $15.15 LOSS IN PRICE WITH RESPECT TO THURSDAY’S TRADING.WE HAD A GOOD SIZED GAIN OF 3063 OI CONTRACTS (9.527 PAPER TONNES) ON OUR TWO EXCHANGES.
E.F.P. ISSUANCE
THE CME RELEASED THE DATA FOR EFP ISSUANCE AND IT TOTALED A GOOD SIZED 2975 CONTRACTS:
The NEW COMEX OI FOR THE GOLD COMPLEX RESTS AT 523,752
IN ESSENCE WE HAVE A GOOD SIZED INCREASE IN TOTAL CONTRACTS ON THE TWO EXCHANGES OF 3063 CONTRACTS WITH 84 CONTRACTS INCREASED AT THE COMEX AND 2975 EFP OI CONTRACTS WHICH NAVIGATED OVER TO LONDON. THUS TOTAL OI GAIN ON THE TWO EXCHANGES OF 3063 CONTRACTS OR 9.527 TONNES.
CALCULATIONS ON GAIN/LOSS ON OUR TWO EXCHANGES
WE HAD A GOOD SIZED ISSUANCE IN EXCHANGE FOR PHYSICALS (3975 CONTRACTS) ACCOMPANYING THE SMALL SIZED GAIN IN COMEX OI (84 //TOTAL GAIN IN THE TWO EXCHANGES 3063 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 8400 OZ // NEW STANDING: 18.336 TONNES // ///3) ZERO LONG LIQUIDATION//4) SMALL SIZED COMEX OPEN INTEREST GAIN/ 5) GOOD ISSUANCE OF EXCHANGE FOR PHYSICAL PAPER/
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