LME WILL SET UP A FUTURES EXCHANGE USING SHANGHAI GOLD AND SILVER PRICES

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by Harvey Organ, Harvey Organ Blog:

GOLD CLOSED UP $12.15 TO $2038.15//SILVER WAS UP $.27 TO $24,04//PLATINUM WAS UP $9.50 TO $961.30 WHILE PALLADIUM WAS UP $49.95 TO $1232.75/BIG NEWS OF THE DAY IS THE JOINING FORCES OF LME WITH THE SHANGHAI GOLD EXCHANGE WHEREBY THE LME WILL SET UP A FUTURES EXCHANGE USING SHANGHAI GOLD AND SILVER PRICES//GOLD COMMENTARY FOR PETER SCHIFF//ISRAEL VS HAMAS UPDATES//10 NATIONS SET TO PATROL THE RED SEA AGAINST THE HOUTHIS//HOUTHIS PROMISE TO STRIKE BACK//UPDATES FROM LEBANON AND HEZBOLLAH AGAINST ISRAEL//COVID UPDATES//VACCINE INJURIES//DR PAUL ALEXANDER/SLAY NEWS//EVOL NEWS//NEWS ADDICTS//ICELAND’S VOLCANO FINALLY ERUPTS

TRUTH LIVES on at https://sgtreport.tv/

Gold ACCESS CLOSED 2040.00

Silver ACCESS CLOSED: 24.04

DEC 13

Shanghai Gold Benchmark Price

USD  oz  gram  kilo  tola Popup

AM2030.75

PM2028.26

Historical SGE Fix

SHANGHAI GOLD PREMIUM OVER NY: 52 DOLLARS

Bitcoin morning price:, 42,889  UP 1270 DOLLARS

Bitcoin: afternoon price: $42,244 UP 1915 dollars

Platinum price closing  $961.30 UP  $9.50

Palladium price;     $1232,75 UP $49.95

END

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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

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365 C MAREX CAPITAL M 20 20
435 H SCOTIA CAPITAL 53
657 C MORGAN STANLEY 2
661 C JP MORGAN 26
685 C RJ OBRIEN 40
737 C ADVANTAGE 34 13
991 H CME 32


TOTAL: 120 120
MONTH TO DATE: 14,030

JPMorgan stopped 0/120 contracts.

FOR DEC.:

FOR  DEC:

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END

BOTH GLD AND SLV ARE FRAUDULENT VEHICLES

WITH GOLD UP $12.15//

INVESTORS SWITCHING TO SPROTT PHYSICAL  (PHYS) INSTEAD OF THE FRAUDULENT GLD/ : / NO CHANGES IN GOLD INVENTORY AT THE GLD: /

WITH NO SILVER AROUND AND SILVER UP 27  CENTS  AT  THE SLV// HUGE CHANGES IN SILVER INVENTORY AT THE SLV: A MASSIVE DEPOSIT OF 2.747 MILLION OZ FROM THE SLV/

INVESTORS ARE SWITCHING SLV TO SPROTT’S PSLV.

Let us have a look at the data for today

SILVER COMEX OI FELL BY A GOOD SIZED 665 CONTRACTS TO 127,272 AND FURTHER FROM  THE  RECORD HIGH OI OF 244,710, SET FEB 25/2020 AND THIS GOOD SIZED LOSS IN COMEX OI WAS ACCOMPLISHED WITH OUR LOSS  $0.09  IN SILVER PRICING AT THE COMEX ON MONDAY. WE HAD A SOME LONG LIQUIDATION WITH CONSIDERABLE T.A.S. LIQUIDATION (AND SOME SHORT COVERING) AT THE COMEX SESSION.  WE HAD A  VERY STRONG 919 T.A.S ISSUANCE AND THESE WILL BE USED FOR MANIPULATION LATER THIS MONTH/AS WELL AS TODAY.

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 MONDAY NIGHT: 919 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 FOR OUR CROOKED BANKERS). THE PROBLEM OF COURSE IS THAT THE CROOKS DO NOT LIQUIDATE THE TAS TOGETHER BUT SELL THE BUY SIDE FIRST AND THEN LIQUIDATE THE SELL SIDE TWO MONTHS HENCE. IT IS OBVIOUS MANIPULATION TO THE HIGHEST DEGREE BUT IT NATURALLY FELL ON DEAF EARS WITH OUR REGULATORS (OCC) WHEN THEY RECEIVED OUR COMPLAINTS. IT THUS LOOKS LIKE THE FED (GOV’T) IS BEHIND ALL OF THESE TRADES.

WE HAVE NOW SET ANOTHER RECORD LOW AT 114,102 CONTRACTS ///JULY 3.2023//  OUR BANKERS WITH THE HELP OF SPECULATORS AND HIGH FREQUENCY TRADERS WERE SUCCESSFUL IN KNOCKING THE PRICE OF SILVER DOWN (IT FELL BY $0.09), BUT WERE UNSUCCESSFUL IN KNOCKING ANY SILVER LONGS AS WE HAD A TINY SIZED LOSS OF 250  OI CONTRACTS ON OUR TWO EXCHANGES.

WE  MUST HAVE HAD:

A GOOD SIZED 375 ISSUANCE OF EXCHANGE FOR PHYSICALS) iiii) AN  INITIAL SILVER STANDING FOR COMEX SILVER MEASURING AT 1,5 MILLION OZ (FIRST DAY NOTICE)   FOLLOWED BY TODAY’S  5,000 OZ EFPJUMP  TO LONDON + 0 CONTRACTS OF EX. FOR RISK FOR 0 MILLION OZ EX. FOR RISK //NEW TOTAL STANDING 18.035 MILLION OZ.+0 MILLION OZ (EX. FOR RISK TODAY) + 6.5 MILLION EX. FOR RISK/PRIOR= NEW TOTAL OF 24.535 MILLION OZ

//NEW STANDING FOR SILVER IS THUS 24.535 MILLION OZ

//GOOD SIZED COMEX OI LOSS/ GOOD SIZED EFP ISSUANCE/ VI)   VERY GOOD  SIZED NUMBER OF  T.A.S. CONTRACT ISSUANCE 919 CONTRACTS)/

0 CONTRACT  EX.FOR RISK =0 MILLION OZ//NEW TOTAL FOR EX. FOR RISK + 6.5 MILLION OZ.

TOTAL CONTRACTS for 13 days, total 10,863 contracts:   OR 54.315MILLION OZ  (856 CONTRACTS PER DAY)

TOTAL EFP’S FOR THE MONTH SO FAR:  54.315MILLION 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

 JAN 2022-DEC 2022

JAN 2022//  90.460 MILLION OZ

FEB 2022:  72.39 MILLION OZ//

MARCH 2022: 207.140  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

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 66.120 MILLION OZ/INITIAL (MUCH SMALLER THIS MONTH)

JUNE: 110.395 MILLION OZ//MUCH LARGER THAN LAST MONTH

JULY 85.745 MILLION OZ (SMALLER THAN LAST MONTH)

AUGUST: 171.43 MILLION OZ (THIS MONTH IS GOING TO BE HUGE //2ND HIGHEST ON RECORD

SEPT: 72.705 MILLION OZ (SMALLER THIS MONTH)

OCT: 97.455 MILLION OZ

NOV.  50.050 MILLION OZ

DEC. 54.315 MILLION OZ//THIS IS GOING TO BE A STRONG ISSUANCE OF EFP’S FOR THIS MONTH.

RESULT: WE HAD A GOOD SIZED DECREASE IN COMEX OI SILVER COMEX CONTRACTS OF 665  CONTRACTS WITH OUR LOSS  IN PRICE OF  $0.09 IN SILVER PRICING AT THE COMEX//MONDAY.,.  THE CME NOTIFIED US THAT WE HAD A VERY GOOD EFP ISSUANCE  CONTRACTS: 919  ISSUED FOR FEB 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 DEC. OF  18.755 MILLION  OZ FOLLOWED BY TODAY’S 5,000 OZ QUEUE JUMP   /NEW TOTAL STANDING 18.035MILLION OZ//+0 MILLION EX. FOR RISK TODAY + 6.5 MILLION OZ EXCHANGE FOR RISK/PRIOR//NEW TOTAL 24,535 MILLION OZ.

NEW STANDING  24.535 million OZ   /// WE HAVE A TINY SIZED LOSS OF 250 OI CONTRACTS ON THE TWO EXCHANGES WITH THE  LOSS IN PRICE. THE TOTAL OF TAS INITIATED CONTRACTS TODAY:  A VERY  GOOD SIZED 919 CONTRACTS//CONSIDERABLE FRONT END OF THE TAS CONTRACTS WERE LIQUIDATED   DURING THE MONDAY  COMEX SESSION.   THE NEW TAS ISSUANCE MONDAY NIGHT  (919 WILL BE PUT INTO “THE BANK” TO BE COLLUSIVELY USED AT A LATER DATE., .

WE HAD 127 NOTICE(S) FILED TODAY FOR 635,000  OZ

THE SILVER COMEX IS NOW BEING ATTACKED FOR METAL BY LONDONERS ET AL.

IN GOLD, THE COMEX OPEN INTEREST FELL BY A TINY  SIZED 231 CONTRACTS  TO 477,275 AND FURTHER FROM RECORD (SET JAN 24/2020) AT 799,733  AND  PREVIOUS TO THAT: (SET JAN 6/2020) AT 797,110.

THE DIFFERENTIAL FROM PRELIMINARY OI TO FINAL OI IN GOLD TODAY:  -removed  101 CONTRACTS

WE HAD A SMALL SIZED DECREASE  IN COMEX OI ( 231 CONTRACTS) DESPITE OUR  $5.50 GAIN IN PRICE//MONDAY. WE ALSO HAD A RATHER LIGHT INITIAL STANDING IN GOLD TONNAGE FOR DEC.. AT 44.914 TONNES ON FIRST DAY NOTICE  FOLLOWED BY TODAY’S 8800 OZ QUEUE JUMP  + 0 ISSUANCE OF EX. FOR RISK CONTRACTS    // TOTAL GOLD STANDING FOR DEC SO FAR INCREASES TO 48.696 TONNES // ALL OF..THIS HAPPENED WITH OUR $5.50 GAIN IN PRICE  WITH RESPECT TO MONDAY’S TRADING. WE HAD A FAIR SIZED GAIN  OF 2711 OI CONTRACTS (8.432) PAPER TONNES) ON OUR TWO EXCHANGES.

THE CME RELEASED THE DATA FOR EFP ISSUANCE AND IT TOTALED A FAIR SIZED 2841 CONTRACTS:

The NEW COMEX OI FOR THE GOLD COMPLEX RESTS AT 477,275

IN ESSENCE WE HAVE A FAIR SIZED INCREASE IN TOTAL CONTRACTS ON THE TWO EXCHANGES OF 2610 CONTRACTS  WITH 231  CONTRACTS DECREASED AT THE COMEX// AND A FAIR SIZED 2841 EFP OI CONTRACTS WHICH NAVIGATED OVER TO LONDON. THUS  TOTAL OI GAIN ON THE TWO EXCHANGES OF 2610 CONTRACTS. WE HAD 0 CONTRACTS EXCHANGE FOR RISK  TODAYFOR 0.0 TONNES/EX FOR RISK PRIOR = 4.634 TOTAL //NEW TOTAL STANDING 43.486 TONNES + 4.634 TONNES= 48.131 TONNES.. WE HAD THE FOLLOWING TAS CONTRACTS INITIATED (ISSUED):  A  FAIR 1579 CONTRACTS. 

WE HAD A FAIR SIZED ISSUANCE IN EXCHANGE FOR PHYSICALS (2841 CONTRACTS) ACCOMPANYING THE  TINY SIZED LOSS IN COMEX OI (231) //TOTAL GAIN FOR OUR THE TWO EXCHANGES: 2610 CONTRACTS. WE HAVE ( 1) NOW RETURNED TO OUR FORMER FORMAT OF BANKERS GOING LONG AND SPECULATORS GOING SHORT  ,2.) FAIR INITIAL STANDING AT THE GOLD COMEX FOR DEC. AT 44.914 TONNES FOLLOWED BY TODAY’S 8800 OZ QUEUE JUMP  + 4.634 TONNES EX. FOR RISK PRIOR//NEW STANDING 48.696TONNES / / 3) ZERO LONG LIQUIDATION AND  CONSIDERABLE TAS LIQUIDATION WITH SOME SHORT LIQUIDATION (COVERING)    4)  TINY SIZED COMEX OPEN INTEREST LOSS/ 5)    FAIR ISSUANCE OF EXCHANGE FOR PHYSICAL PAPER///6:  FAIR T.A.S.  ISSUANCE: 1579 CONTRACTS

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