HUGE PRICE GAINS In Gold & Silver As Bank Of England Reverses Course From Tightening To Easing


We will probably see open interest fall as gold speculators get annihilated…

by Harvey Organ of Harvey Organ Blog

//BANK OF ENGLAND REVERSES COURSE FROM QT TO QE CAUSES HUGE GAINS IN OUR PRECIOUS METALS: GOLD CLOSED UP $32.30 TO $1661.20//SILVER PRICE RISES 32 CENTS TO $18.81//PLATINUM ROSE $13.80 TO $864.80//PALLADIUM UP $79.65 TO $2157.65//MARGIN CALLS AND UK PENSION FUND CHAOS BEHIND THE BANK OF ENGLAND DECISION//FRA-OIS FLASHING RED INDICATING HUGE STRESS IN MARKETS////USA EXISTING HOME SALES PLUMMET//

GOLD PRICE CLOSE: UP $32.30 to $1661.20

SILVER PRICE CLOSE:  UP 32 cents to $18.91

Access prices: closes

Gold ACCESS CLOSE 1659.25

Silver ACCESS CLOSE: 18.89

Bitcoin morning price: $18921 DOWN 134

Bitcoin: afternoon price: $19,492 up 358

Platinum price closing UP $13.80 AT  $864.80

Palladium price; closing UP $13.80  at $2151,65

END

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EXCHANGE: COMEX

EXCHANGE: COMEX
CONTRACT: SEPTEMBER 2022 COMEX 100 GOLD FUTURES
SETTLEMENT: 1,626.700000000 USD
INTENT DATE: 09/27/2022 DELIVERY DATE: 09/29/2022
FIRM ORG FIRM NAME ISSUED STOPPED


435 H SCOTIA CAPITAL 50
657 C MORGAN STANLEY 35
661 C JP MORGAN 598 533
690 C ABN AMRO 10
732 C RBC CAP MARKETS 141
880 H CITIGROUP 333
905 C ADM 32


TOTAL: 866 866
MONTH TO DATE: 12,013

GOLD: NUMBER OF NOTICES FILED FOR SEPT CONTRACT:  

866 NOTICES FOR 86600 OZ //2.6936 TONNES

total notices so far: 12,013 contracts for 1,201,300 oz (37.365 tonnes) 

SILVER NOTICES: 43 NOTICES FILED FOR 215,000 OZ/

 

total number of notices filed so far this month  6784 :  for 33,920,000  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 $32.30

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 2.61 TONNES FROM THE GLD/

INVENTORY RESTS AT 940.86 TONNES

Silver//SLV

WITH NO SILVER AROUND AND SILVER UP 32 CENTS

AT THE SLV// ://BIG CHANGES IN SILVER INVENTORY AT THE SLV//: A WITHDRAWAL OF OF 0.645 MILLION OZ INTO THE SLV//

INVESTORS ARE SWITCHING SLV TO SPROTT’S PSLV

CLOSING INVENTORY: 480.549 MILLION OZ

Let us have a look at the data for today

SILVER//OUTLINE

SILVER COMEX OI FELL BY A STRONG SIZED 935  CONTRACTS TO 129,060 (ANOTHER ALL TIME RECORD LOW)   AND FURTHER FROM  THE NEW RECORD HIGH OI OF 244,710, SET FEB 25/2020 AND THE STRONG  LOSS IN COMEX OI WAS ACCOMPLISHED WITH OUR $0.07 LOSS  IN SILVER PRICING AT THE COMEX ON MONDAY.  OUR BANKERS WERE SUCCESSFUL IN KNOCKING THE PRICE OF SILVER DOWN (IT FELL BY $0.07)  AND WERE  SUCCESSFUL IN KNOCKING OFF SOME SPEC SILVER LONGS AS WE HAD A STRONG LOSS OF 885 CONTRACTS ON OUR TWO EXCHANGES.  WE DID HAVE  CONTINUAL SHORT ADDITIONS WITH THE BANKERS ON THE BUY SIDE. 

WE  MUST HAVE HAD: 
I) CONTINUAL SPECULATOR SHORT ADDITIONS ////CONTINUED BANKER OI COMEX ADDITIONS /. II)  WE ALSO HAD  SOME  REDDIT RAPTOR BUYING//.   iii)  A SMALL ISSUANCE OF EXCHANGE FOR PHYSICALS iiii) AN  INITIAL SILVER STANDING FOR COMEX SILVER MEASURING AT 3.855 MILLION OZ FOLLOWED BY TODAY’S 135,000 OZ QUEUE JUMP   / //  V)   STRONG SIZED COMEX OI LOSS/

 I AM NOW RECORDING THE DIFFERENTIAL IN OI FROM PRELIMINARY TO FINAL: –60

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 19 days, total 13,860  contracts:  69.300 million oz  OR 3.647 MILLION OZ PER DAY. (729 CONTRACTS PER DAY)

TOTAL EFP’S FOR THE MONTH SO FAR: 69.300  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. 69.300 MILLION OZ///

RESULT: WE HAD A STRONG SIZED DECREASE IN COMEX OI SILVER COMEX CONTRACTS OF 935 WITH OUR $0.07 LOSS IN SILVER PRICING AT THE COMEX// TUESDAY.,.  THE CME NOTIFIED US THAT WE HAD A SMALL SIZED EFP ISSUANCE  CONTRACTS: 50 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//  CONTINUAL NET SPEC SHORT ADDITIONS  /// WE HAVE A GOOD INITIAL SILVER OZ STANDING FOR AUGUST. OF 3.855 MILLION  OZ FOLLOWED BY TODAY’S 135,000 OZ QUEUE JUMP  //  .. WE HAD A STRONG SIZED LOSS OF 935 OI CONTRACTS ON THE TWO EXCHANGES FOR 4.425MILLION  OZ..

 WE HAD 43  NOTICE(S) FILED TODAY FOR  215,000 OZ

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

WE HAVE 2 MORE READING DAYS BEFORE FIRST DAY NOTICE

GOLD//OUTLINE

IN GOLD, THE COMEX OPEN INTEREST FELL  BY A HUGE SIZED 9274 CONTRACTS  TO 457,061 AND FURTHER FROM THE RECORD (SET JAN 24/2020) AT 799,541 AND  PREVIOUS TO THAT: (SET JAN 6/2020) AT 797,110. WE WILL PROBABLY SEE THE COMEX OI FALL TO AROUND 380,000 AS OUR SPECS GET ANNIHILATED.

THE DIFFERENTIAL FROM PRELIMINARY OI TO FINAL OI IN GOLD TODAY: REMOVED —  -151 CONTRACTS.

.

THE HUGE SIZED DECREASE  IN COMEX OI CAME DESPITE OUR  GAIN IN PRICE OF $1.75//COMEX GOLD TRADING/TUESDAY / WE   HAD INITIATION OF SPREADER LIQUIDATION//  SOME SPECULATOR SHORT  COVERINGS ACCOMPANYING OUR FAIR SIZED EXCHANGE FOR PHYSICAL ISSUANCE./. WE HAD ZERO LONG LIQUIDATION AS ALL THE LOSS IN COMEX OI WAS DUE TO SPREADER LIQUIDATION    //AND //CONTINUED ADDITIONS TO OUR BANKER LONGS!! THE COMEX WILL BLOW UP AS THE SPECS CANNOT DELIVER GOLD TO OUR BANKER LONGS.

WE ALSO HAD A HUGE INITIAL STANDING IN GOLD TONNAGE FOR SEPT. AT 8.401 TONNES ON FIRST DAY NOTICE  FOLLOWED BY TODAY’S  STRONG QUEUE JUMP OF 43,100 OZ //NEW STANDING 38.127 TONNES (QUEUE JUMPING = EXERCISING LONDON BASED EFP’S)

YET ALL OF..THIS HAPPENED WITH OUR GAIN IN PRICE OF  $1.75 WITH RESPECT TO TUESDAY’S TRADING

WE HAD A STRONG SIZED LOSS OF 6552 OI CONTRACTS 19.922 PAPER TONNES) ON OUR TWO EXCHANGES..

E.F.P. ISSUANCE

THE CME RELEASED THE DATA FOR EFP ISSUANCE AND IT TOTALED A FAIR SIZED 2722 CONTRACTS:

The NEW COMEX OI FOR THE GOLD COMPLEX RESTS AT 457,061

IN ESSENCE WE HAVE A STRONG  SIZED INCREASE IN TOTAL CONTRACTS ON THE TWO EXCHANGES OF 6552 CONTRACTS  WITH 9274 CONTRACTS  DECREASED AT THE COMEX AND 2722 EFP OI CONTRACTS WHICH NAVIGATED OVER TO LONDON. THUS  TOTAL OI LOSS ON THE TWO EXCHANGES OF 6408 CONTRACTS OR 19.922 TONNES.

CALCULATIONS ON GAIN/LOSS ON OUR TWO EXCHANGES

WE HAD A FAIR SIZED ISSUANCE IN EXCHANGE FOR PHYSICALS (2722) ACCOMPANYING THE STRONG SIZED LOSS IN COMEX OI (9274): TOTAL LOSS IN THE TWO EXCHANGES 6552 CONTRACTS. WE NO DOUBT HAD 1) SMALL SPECULATOR SHORT COVERINGS// CONTINUED GOOD BANKER ADDITIONS///  ,2.) STRONG INITIAL STANDING AT THE GOLD COMEX FOR SEPT. AT 8.409 TONNES FOLLOWED BY TODAY’S MONSTROUS QUEUE JUMP OF 43,100 oz.    3) ZERO LONG LIQUIDATION (ALL THE LOST ARE SPREADERS)//// //.,4)   STRONG SIZED COMEX OPEN INTEREST LOSS 5) FAIR ISSUANCE OF EXCHANGE FOR PHYSICAL/5/INITIATION OF SPREADER LIQUIDATION..TOTALLY FRAUDULENT BUT WHO IS WATCHING!!

HISTORICAL ACCUMULATION OF EXCHANGE FOR PHYSICALS IN 2022 INCLUDING TODAY

SEPT

ACCUMULATION OF EFP’S GOLD AT J.P. MORGAN’S HOUSE OF BRIBES: (EXCHANGE FOR PHYSICAL) FOR THE MONTH OF SEPT. :

57,299 CONTRACTS OR 5,729,900 OZ OR 178.22 TONNES 19 TRADING DAY(S) AND THUS AVERAGING: 3015 EFP CONTRACTS PER TRADING DAY

TO GIVE YOU AN IDEA AS TO THE  SIZE OF THESE EFP TRANSFERS :  THIS MONTH IN 19  TRADING DAY(S) IN  TONNES: 178.22 TONNES

TOTAL ANNUAL GOLD PRODUCTION, 2021, THROUGHOUT THE WORLD EX CHINA EX RUSSIA: 3555 TONNES

THUS EFP TRANSFERS REPRESENTS  178.22/3550 x 100% TONNES  .502% OF GLOBAL ANNUAL PRODUCTION

ACCUMULATION OF GOLD EFP’S YEAR 2021 TO 2022 

JANUARY/2021: 265.26 TONNES (RAPIDLY INCREASING AGAIN)

 FEB  :  171.24 TONNES  ( DEFINITELY SLOWING DOWN AGAIN).. 

MARCH:.   276.50 TONNES (STRONG AGAIN/

APRIL:      189..44 TONNES  ( DRAMATICALLY SLOWING DOWN AGAIN//GOLD IN BACKWARDATION)

MAY:        250.15 TONNES  (NOW DRAMATICALLY INCREASING AGAIN)

JUNE:      247.54 TONNES (FINAL)

JULY:        188.73 TONNES FINAL

AUGUST:   217.89 TONNES FINAL ISSUANCE.

SEPT          142.12 TONNES FINAL ISSUANCE ( LOW ISSUANCE)_

OCT:           141.13 TONNES FINAL ISSUANCE (LOW ISSUANCE)

NOV:           312.46 TONNES FINAL ISSUANCE//NEW RECORD!! (INCREASING DRAMATICALLY)//SIGN OF REAL STRESS//SURPASSING THE MARCH 2021 RECORD OF 276.50 TONNES OF EFP

DEC.           175.62 TONNES//FINAL ISSUANCE// 

JAN:2022   247.25 TONNES //FINAL

FEB:           196.04 TONNES//FINAL

MARCH:  409.30 TONNES INITIAL( THIS IS NOW A RECORD EFP ISSUANCE FOR MARCH AND FOR ANY MONTH.

APRIL:  169.55 TONNES (FINAL VERY  LOW ISSUANCE MONTH)

MAY:  247,44 TONNES FINAL// 

JUNE: 238.13 TONNES  FINAL

JULY: 378.43 TONNES FINAL

AUGUST: 180.81 TONNES FINAL

SEPT. 178.22 TONNES (SLIGHTLY RISING THIS MONTH) 

SPREADING OPERATIONS

(/NOW SWITCHING TO GOLD) FOR NEWCOMERS, HERE ARE THE DETAILS

SPREADING LIQUIDATION HAS NOW COMMENCED   AS WE HEAD TOWARDS THE  NEW  ACTIVE FRONT MONTH OF OCT. WE ARE NOW INTO THE SPREADING OPERATION OF GOLD

HERE IS A BRIEF SYNOPSIS OF HOW THE CROOKS FLEECE UNSUSPECTING LONGS IN THE SPREADING ENDEAVOUR ;MODUS OPERANDI OF THE CORRUPT BANKERS AS TO HOW THEY HANDLE THEIR SPREAD OPEN INTERESTS:HERE IS HOW THE CROOKS USED SPREADING AS WE ARE NOW INTO THE  NON ACTIVE DELIVERY MONTH OF SEPT HEADING TOWARDS THE  ACTIVE DELIVERY MONTH OF OCT., FOR GOLD:

YOU WILL ALSO NOTICE THAT THE COMEX OPEN INTEREST  STARTS TO RISE BUT SO IS THE OPEN INTEREST OF SPREADERS. THE OPEN INTEREST IN WILL CONTINUE TO RISE UNTIL ONE WEEK BEFORE FIRST DAY NOTICE OF AN UPCOMING  ACTIVE DELIVERY MONTH (JULY), AND THAT IS WHEN THE CROOKS SELL THEIR SPREAD POSITIONS BUT NOT AT THE SAME TIME OF THE DAY.  THEY WILL USE THE SELL SIDE OF THE EQUATION TO CREATE THE CASCADE (ALONG WITH THEIR COLLUSIVE FRIENDS) AND THEN COVER ON THE BUY SIDE OF THE SPREAD SITUATION AT THE END  OF THE DAY. THEY DO THIS TO AVOID POSITION LIMIT DETECTION. THE LIQUIDATION OF THE SPREADING FORMATION CONTINUES FOR EXACTLY ONE WEEK AND ENDS ON FIRST DAY NOTICE.”

WHAT IS ALARMING TO ME, ACCORDING TO OUR LONDON EXPERT ANDREW MAGUIRE IS THAT THESE EFP’S ARE BEING TRANSFERRED TO WHAT ARE CALLED SERIAL FORWARD CONTRACT OBLIGATIONS AND THESE CONTRACTS ARE LESS THAN 14 DAYS.  ANYTHING GREATER THAN 14 DAYS, THESE MUST BE RECORDED AND SENT TO THE COMPTROLLER, GREAT BRITAIN TO MONITOR RISK TO THE BANKING SYSTEM.  IF THIS IS INDEED TRUE, THEN THIS IS A MASSIVE CONSPIRACY TO DEFRAUD AS WE NOW WITNESS A MONSTROUS TOTAL EFP’S ISSUANCE AS IT HEADS INTO THE STRATOSPHERE

COMEX DATA//AMOUNTS STANDING//VOLUME OF TRADING/INVENTORY MOVEMENTS

GOLD

LET US BEGIN:

THE TOTAL COMEX GOLD OPEN INTEREST FELL  BY A HUGE SIZED 9274 CONTRACTS TO 457,061 AND FURTHER FROM THE RECORD THAT WAS SET IN JANUARY/2020: 799,541  OI(SET JAN 16/2020) AND  PREVIOUS TO THAT: 797,110 (SET JAN 7/2020). AND THIS  COMEX DECREASE OCCURRED DESPITE OUR RISE IN PRICE OF $1.75  IN GOLD PRICING  TUESDAY’S COMEX TRADING. WE ALSO HAD A FAIR SIZED EFP (2722 CONTRACTS). . THEY WERE PAID HANDSOMELY  NOT TO TAKE DELIVERY AT THE COMEX AND SETTLE FOR CASH. IT NOW SEEMS THAT THE COMMERCIALS HAVE GOADED THE SPECS TO GO MASSIVELY SHORT  AND NOW THEY ARE DESPERATELY TRYING TO COVER THEIR FOLLY.

WE NORMALLY HAVE WITNESSED  EXCHANGE FOR PHYSICALS ISSUED BEING SMALL AS IT JUST TOO COSTLY FOR THEM TO CONTINUE SERVICING THE COSTS OF SERIAL FORWARDS CIRCULATING IN LONDON. HOWEVER, MUCH TO THE ANNOYANCE OF OUR BANKERS, THE COMEX IS THE SCENE OF AN ASSAULT ON GOLD AS LONDONERS, NOT BEING ABLE TO FIND ANY PHYSICAL ON THAT SIDE OF THE POND, EXERCISE THESE CIRCULATING EXCHANGE FOR PHYSICALS IN LONDON AND FORCING DELIVERY OF REAL METAL OVER HERE AS THE OBLIGATION STILL RESTS WITH NEW YORK BANKERS. IT SEEMS THAT ARE BANKERS FRIENDS ARE EXERCISING EFP’S FROM LONDON AND NOW THEY ARE LOATHE TO ISSUE NEW ONES.

EXCHANGE FOR PHYSICAL ISSUANCE

WE ARE NOW IN THE NON  ACTIVE DELIVERY MONTH OF SEPT..  THE CME REPORTS THAT THE BANKERS ISSUED A FAIR SIZED TRANSFER THROUGH THE EFP ROUTE AS THESE LONGS RECEIVED A DELIVERABLE LONDON FORWARD TOGETHER WITH A FIAT BONUS.,

THAT IS 2722 EFP CONTRACTS WERE ISSUED:  ;: ,  . 0 DEC :2722 & ZERO FOR ALL OTHER MONTHS:

TOTAL EFP ISSUANCE:  5333 CONTRACTS 

WHEN WE HAVE BACKWARDATION,  EFP ISSUANCE IS VERY COSTLY BUT THE REAL PROBLEM IS THE SCARCITY OF METAL AND IT IS FAR BETTER FOR OUR BANKERS TO PAY OFF INDIVIDUALS THAN RISK INVESTORS ESPECIALLY FROM LONDON STANDING FOR DELIVERY. THE LOWER PRICES IN THE FUTURES MARKET IS A MAGNET FOR OUR LONDONERS SEEKING PHYSICAL METAL. BACKWARDATION ALWAYS EQUAL SCARCITY OF METAL!

ON A NET BASIS IN OPEN INTEREST WE LOST THE FOLLOWING TODAY ON OUR TWO EXCHANGES: A STRONG SIZED SIZED  TOTAL OF 6552  CONTRACTS IN THAT 2722 LONGS WERE TRANSFERRED AS FORWARDS TO LONDON AND WE HAD A HUGE  SIZED  COMEX OI LOSS OF 9274  CONTRACTS..AND  THIS STRONG LOSS ON OUR TWO EXCHANGES HAPPENED DESPITE  OUR RISE IN PRICE OF GOLD $1.75. ALL OF THE LOSS IN COMEX OI WILL NO DOUBT BE ATTRIBUTED TO INITIATION OF SPREADER LIQUIDATION//WE HAD CONTINUAL SHORT ADDITIONS WITH BANKERS TAKING THE BUY SIDE// WE  ARE NOW WITNESSING THE SPECULATORS   GOING MASSIVELY SHORT  WHILE THE BANKERS WHO ARE HUGELY LONG CONTINUE TO ADD TO THEIR PURCHASES. THIS  WILL NOT END WELL FOR OUR SPECS ONCE THE SIGNAL HAS BEEN GIVEN TO ANNIHILATE THE SPECS.

// WE HAVE A STRONG AMOUNT OF GOLD TONNAGE STANDING SEPT   (38.127),

 HERE ARE THE AMOUNTS THAT STOOD FOR DELIVERY IN THE PRECEDING 12 MONTHS OF 2021-2022:

DEC 2021: 112.217 TONNES

NOV.  8.074 TONNES

OCT.    57.707 TONNES

SEPT: 11.9160 TONNES

AUGUST: 80.489 TONNES

JULY: 7.2814 TONNES

JUNE:  72.289 TONNES

MAY 5.77 TONNES

APRIL  95.331 TONNES

MARCH 30.205 TONNES

FEB ’21. 113.424 TONNES

JAN ’21: 6.500 TONNES.

TOTAL SO FAR THIS YEAR (JAN- DEC): 601.213 TONNES

YEAR 2022:

JANUARY 2022  17.79 TONNES

FEB 2022: 59.023 TONNES

MARCH: 36.678 TONNES

APRIL: 85.340 TONNES FINAL.

MAY: 20.11 TONNES FINAL

JUNE: 74.933 TONNES FINAL

JULY 29.987 TONNES FINAL

AUGUST:104.979 TONNES//FINAL

SEPT.  38.127 TONNES

THE BANKERS WERE UNSUCCESSFUL IN LOWERING GOLD’S PRICE  //// (IT ROSE $1.75) BUT WERE UNSUCCESSFUL IN KNOCKING OFF ANY  SPECULATOR LONGS AS WE HAD A STRONG SIZED TOTAL LOSS ON OUR TWO EXCHANGES OF 6552 CONTRACTS //   COMMERCIAL LONGS  ADDED TO THE POSITIONS, AND SPECULATOR SHORTS SOMEWHAT ADDED TO   THEIR POSITIONS WITH SOME SUCCESS//INITIATION OF SPREADER LIQUIDATION//  WE HAVE  REGISTERED A STRONG LOSS  OF 6408 TONNES ON TOTAL OI FROM OUR TWO EXCHANGES, ACCOMPANYING OUR  GOLD TONNAGE STANDING FOR SEPT. (38.127 TONNES)

WE HAD -151  CONTRACTS  COMEX TRADES REMOVED. THESE WERE REMOVED AFTER TRADING ENDED LAST NIGHT

NET LOSS ON THE TWO EXCHANGES 6552 CONTRACTS OR 655200  OZ OR 20.379 TONNES

Estimated gold volume 284,258///  fair//

final gold volumes/yesterday  218,762/ fair

INITIAL STANDINGS FOR SEPT ’22 COMEX GOLD //SEPT 28

total dealer deposit  0

total dealer deposit:  nil oz

No dealer withdrawals

Customer deposits: 0

total deposits nil oz

 customer withdrawals: 1

i) Out of Brinks  32,794.012 oz  or 1020 kilobars

total:  32,794.0123    oz   

total in tonnes: 1.02 tonnes

Adjustments: 1

JPM: dealer to customer;  6655.257 0z 

CALCULATIONS FOR THE AMOUNT OF GOLD STANDING FOR SEPT.

For the front month of SEPT we have an  oi of 1112 contracts having GAINED 42 contracts .

We had 389 notices filed on TUESDAY so we  gained a whopping 431 contracts or an additional 43,100 oz

will stand for gold in this very non active delivery month of September. This queue jump is actually the Londoners exercising efp’s and tendering them to the banks

for the physical!

October LOST a relatively small 9586 contracts LOWERING TO 31,458.  Oct is generally a poor active delivery month. It WILL change…..probably around 75 85 tonnes will stand!! 

WE HAVE 2 MORE READING DAYS BEFORE FIRST DAY NOTICE ( FRIDAY SEPT 30.2022)

November GAINED 96 contracts to stand at 928

December GAINED 54 contracts UP to 377,619

We had 866 notice(s) filed today for 86600 oz FOR THE SEPT. 2022 CONTRACT MONTH. 

Today, 0 notice(s) were issued from J.P.Morgan dealer account and  598 notices were issued from their client or customer account. The total of all issuance by all participants equate to 866 contract(s) of which 0   notices were stopped (received) by  j.P. Morgan dealer and 533 notice(s) was (were) stopped/ Received) by J.P.Morgan//customer account and 0 notice(s) received (stopped) by the squid  (Goldman Sachs)

To calculate the INITIAL total number of gold ounces standing for the SEPT /2022. contract month, 

we take the total number of notices filed so far for the month (12,013) x 100 oz , to which we add the difference between the open interest for the front month of  (SEPT 1112 CONTRACTS)  minus the number of notices served upon today 866 x 100 oz per contract equals 1,225,800 OZ  OR 38.127 TONNES the number of TONNES standing in this NON  active month of SEPT. 

thus the INITIAL standings for gold for the SEPT contract month:

No of notices filed so far (12,013) x 100 oz+   (1112)  OI for the front month minus the number of notices served upon today (866} x 100 oz} which equals 1,225,800 oz standing OR 38.127  TONNES in this NON active delivery month of SEPTEMBER.

TOTAL COMEX GOLD STANDING:  38.127 TONNES  (A HUMONGOUS STANDING FOR A SEPT (   NON ACTIVE) DELIVERY MONTH)

 WE WILL INCREASE IN GOLD TONNAGE STANDING FROM THIS DAY FORTH UNTIL THE END OF THE MONTH.

SOMEBODY IS AFTER A HUGE AMOUNT OF GOLD.  THE EFPS ARE NOW BEING USED TO TAKE GOLD FROM THE COMEX.  THUS THE AMOUNT OF GOLD STANDING FOR SEPT. WILL RISE EXPONENTIALLY.

XXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXX

COMEX GOLD INVENTORIES/CLASSIFICATION

NEW PLEDGED GOLD:

241,794.285 oz NOW PLEDGED /HSBC  5.94 TONNES

204,937.290 PLEDGED  MANFRA 3.08 TONNES

83,657.582 PLEDGED JPMorgan no 1  1.690 tonnes

265,999.054, oz  JPM No 2 

1,152,376.639 oz pledged  Brinks/

Manfra:  33,758.550 oz

Delaware: 193.721 oz

International Delaware::  11,188.542 o

total pledged gold:  2,235,417.759 oz   69.534 tonnes 

TOTAL OF ALL GOLD ELIGIBLE AND REGISTERED:  26,524,450.883 OZ  

TOTAL REGISTERED GOLD: 13,121,323.283  OZ (408.12 tonnes)

TOTAL OF ALL ELIGIBLE GOLD: 13,403,127.598 OZ  

REGISTERED GOLD THAT CAN BE SERVED UPON: 10,885,906 OZ (REG GOLD- PLEDGED GOLD) 338.97 tonnes//rapidly declining 

END

SILVER/COMEX/SEPT 28

i)  0 dealer deposit

total dealer deposits:  nil    oz

i) We had 0 dealer withdrawal

total dealer withdrawals:  oz

We have  1 deposits into the customer account

i) Into Delaware:  4053.000 oz

Total deposits: 4053.00 oz

JPMorgan has a total silver weight: 163.461 million oz/314.132million =52.02% of comex 

 Comex withdrawals: 4

i) Out of Brinks:  485,051.720 oz

ii)Out of CNT  23,378.170 oz

iii)Out of Int Delaware:  82,321.880 oz

iv) out of  Manfra 598,699.347 oz

total withdrawals:  1,189,451.117 oz

 adjustments: // 2   

 DEALER TO CUSTOMER:

i)JPMorgan:  195,119.310 oz

ii)out of Manfra  118,550.01 oz

iii) Out of Delaware: 76,552.692 oz

the silver comex is in stress!

TOTAL REGISTERED SILVER: 42.686 MILLION OZ (declining rapidly)

TOTAL REG + ELIG. 314.173 MILLION OZ

CALCULATION OF SILVER OZ STANDING FOR SEPT

silver open interest data:

FRONT MONTH OF SEPT OI: 61 CONTRACTS HAVING LOST 19 CONTRACTS. WE HAD

46 CONTRACTS SERVED ON TUESDAY SO WE GAINED 27 CONTRACTS OR AN ADDITIONAL

135,000 OZ WILL STAND FOR METAL IN THIS VERY ACTIVE MONTH OF SEPT.

WE WILL GAIN IN TOTAL SILVER STANDING EACH TRADING DAY UNTIL THE END OF THE MONTH

(CONTINUAL QUEUE JUMPING BY OUR BANKERS SEARCHING FOR SILVER METAL)

OCTOBER LOST 24 CONTRACTS TO STAND AT 341 CONTACTS.

NOVEMBER GAINED 19 CONTRACTS TO STAND AT 211

DECEMBER SAW A LOSS OF 932 CONTRACTS DOWN TO 113,356

.

 .

TOTAL NUMBER OF NOTICES FILED FOR TODAY: 43 for  215,000 oz

Comex volumes:81,613// est. volume today//   good

Comex volume: confirmed yesterday: 65,273 contracts ( fair)

To calculate the number of silver ounces that will stand for delivery in SEPT we take the total number of notices filed for the month so far at  6784 x 5,000 oz = 33,920,000 oz 

to which we add the difference between the open interest for the front month of SEPT(61) and the number of notices served upon today 43  x (5000 oz) equals the number of ounces standing.

Thus the  standings for silver for the SEPT./2022 contract month: 6,784 (notices served so far) x 5000 oz + OI for front month of SEPT (61)  – number of notices served upon today (43) x 5000 oz of silver standing for the SEPT contract month equates 34,010,000 oz. .

We have an inventory of 42.687 million oz of registered silver at the comex so Sept delivery of 34.010 MILLION OZ represents 79.67% of that category of silver.

If we add August’s final delivery (to Sept) for silver at 5.51 million oz, we have a total of 39.52 million oz delivered upon with a REGISTERED INVENTORY of 42.6876 million oz or 92.58% of that category of silver.

the record level of silver open interest is 234,787 contracts set on April 21./2017 with the price on that day at $18.42. The previous record was 224,540 contracts with the price at that time of $20.44

Comex volumes:60,617// est. volume today//    poor

Comex volume: confirmed yesterday: 83,937contracts ( poor)

END

GLD AND SLV INVENTORY LEVELS

SEPT 28/WITH GOLD UP $32.30: BIG CHANGES IN GOLD INVENTORY AT THE GLD: A WITHDRAWAL OF 2.61 TONNES FORM THE GLD////INVENTORY RESTS AT 940.549 TONNES

SEPT 27/WITH GOLD UP $1.75: BIG CHANGES IN GOLD INVENTORY AT THE GLD: A WITHDRAWAL OF 3.76 TONNES FROM THE GLD////INVENTORY RESTS AT 943.47 TONNES

SEPT 26/WITH GOLD DOWN $17.15: BIG CHANGES IN GOLD INVENTORY AT THE GLD: A WITHDRAWAL OF 2.90 TONNES FROM THE GLD////INVENTORY RESTS AT 947.23 TONNES

SEPT 23/WITH GOLD DOWN $24.60: BIG CHANGES IN GOLD INVENTORY AT THE GLD: A WITHDRAWALOF 2.03 TONNES FORM THE GLD//INVENTORY RESTS AT 950.13 TONNES

SEPT 22/WITH GOLD UP $5.20; NO CHANGES IN GOLD INVENTORY AT THE GLD//INVENTORY RESTS AT 952.16 TONNES

SEPT 21/WITH GOLD UP $4.70: BIG CHANGES IN GOLD INVENTORY AT THE GLD: A WITHDRAWAL OF 5.79 TONNES FROM THE GLD///INVENTORY RESTS AT 952.16 TONNES

SEPT 20/WITH GOLD DOWN $6.65; HUGE CHANGES IN GOLD INVENTORY AT THE GLD: A WITHDRAWAL OF 2.90 TONNES FROM THE GLD////INVENTORY RESTS AT 957.95 TONNES

SEPT 19/WITH GOLD DOWN $4.80: BIG CHANGES IN GOLD INVENTORY AT THE GLD: A WITHDRAWAL OF 1.16 TONES FROM THE GLD//INVENTORY RESTS AT 960.85 TONNES

SEPT 16.WITH GOLD UP $5.70: BIG CHANGES IN GOLD INVENTORY AT THE GLD: A DEPOSIT 1,45 TONNES INTO THE GLD//INVENTORY RESTS AT 962.01 TONNES

SEPT 15/WITH GOLD DOWN $30.20: HUGE CHANGES IN GOLD INVENTORY AT THE GLD: A WITHDRAWAL OF 2.35 TONNES FROM THE GLD.//INVENTORY RESTS AT 960.56 TONNES

SEPT 14/WITH GOLD DOWN $7.70: BIG CHANGES IN GOLD INVENTORY AT THE GLD: A WITHDRAWAL OF 2.03 TONNES FROM THE GLD////INVENTORY REST AT 962.88 TONNES

SEPT 13/WITH GOLD DOWN $22.85 : BIG CHANGES IN GOLD INVENTORY AT THE GLD: A WITHDRAWAL OF 1.73ONNES FROM THE GLD////INVENTORY RESTS AT 964.91 TONNES

SEPT 12/WITH GOLD UP $12.30: NO CHANGES IN GOLD INVENTORY AT THE GLD//INVENTORY RESTS AT 966.64 TONNES

SEPT 9/WITH GOLD UP $7.85: 2 BIG CHANGES IN GOLD INVENTORY AT THE GLD: A WITHDRAWAL OF 2.90 AND ANOTHER 1.51 TONNES FROM THE GLD////INVENTORY RESTS AT 966.64 TONNES

SEPT 8/WITH GOLD DOWN $6.10:NO CHANGES IN GOLD INVENTORY AT THE GLD//INVENTORY RESTS AT 971.05 TONNES

SEPT 7/WITH GOLD UP $13.70: BIG CHANGES IN GOLD INVENTORY AT THE GLD: A WITHDRAWAL OF 2.03 TONNES FROM THE GLD////INVENTORY RESTS AT 971.05 TONNES

SEPT 6 WITH GOLD DOWN $9.40: NO CHANGES IN GOLD INVENTORY AT THE GLD//INVENTORY RESTS AT 973.08 TONNES//

SEPT 2/WITH GOLD UP $7.00// SMALL CHANGES IN GOLD INVENTORY AT THE GLD: A WITHDRAWAL OF .29 TONNES FROM THE GLD/ //INVENTORY RESTS AT 973.08 TONNES

SEPT 1/WITH GOLD DOWN $26.70: NO CHANGES IN GOLD INVENTORY AT THE GLD//INVENTORY RESTS AT 973.37 TONNES

  AUGUST 31.WITH GOLD DOWN $10.20:BIG CHANGES IN GOLD INVENTORY AT THE GLD: A WITHDRAWAL OF 7.24 TONNES FROM THE GLD////INVENTORY RESTS AT 973.37 TONNES  

AUGUST 30.WITH GOLD DOWN $12.00:BIG CHANGES IN GOLD INVENTORY AT THE GLD: A WITHDRAWAL OF 2.03 TONNES FROM THE GLD////INVENTORY RESTS AT 980.61 TONNES

AUGUST 29/WITH GOLD DOWN $.50 TODAY: BIG CHANGES IN GOLD INVENTORY AT THE GLD: A WITHDRAWAL OF 1.74 TONNES FORM THE GLD/////INVENTORY RESTS AT 982.64 TONNES

AUGUST 26/WITH GOLD DOWN $26.60; NO CHANGES IN GOLD INVENTORY AT THE GLD//INVENTORY RESTS AT 984.38 TONNES

AUGUST 25/WITH GOLD UP $9.70 TODAY: NO CHANGES IN GOLD INVENTORY AT THE GLD//INVENTORY RESTS AT 984.38 TONNES

AUGUST 24/WITH GOLD UP $.50 TODAY: HUGE CHANGES IN GOLD INVENTORY AT THE GLD: A WITHDRAWAL OF 3.28 TONNES FROM THE GLD//INVENTORY RESTS AT 984.38 TONNES

AUGUST 23/WITH GOLD UP $12.25 TODAY; BIG CHANGES IN GOLD INVENTORY AT THE GLD: A DEPOSIT OF 1.83 TONNES INTO THE GLD///INVENTORY RESTS AT: 987.66

AUGUST 22/WITH GOLD DOWN $14.00: NO CHANGES IN GOLD INVENTORY AT THE GLD//INVENTORY RESTS AT 985.83 TONNES

AUGUST 19/WITH GOLD DOWN $8.00 : NO CHANGES IN GOLD INVENTORY AT THE GLD//INVENTORY RESTS AT 985.83 TONNES

GLD INVENTORY: 940.549 TONNES

Now the SLV Inventory/( vehicle is a fraud as there is no physical metal behind them

SEPT 28/WITH SILVER UP $.52 TODAY: BIG CHANGES IN SILVER INVENTORY AT THE SLV A WITHDRAWAL OF 645,000 OZ FROM THE SLV.//INVENTORY RESTS AT 480.549 MILLION OZ//

SEPT 27/WITH SILVER DOWN 7 CENTS TODAY: NO CHANGES IN SILVER INVENTORY AT THE SLV//INVENTORY RESTS AT 481.194 MILLION OZ

SEPT 26/WITH SILVER DOWN 43 CENTS : BIG CHANGES IN SILVER INVENTORY AT THE SLV: A WITHDRAWAL OF 737.000 OZ FROM THE SLV////INVENTORY RESTS AT 481.194 MILLION OZ//

SEPT 23/WITH SILVER DOWN 68 CENTS: BIG CHANGES IN SILVER INVENTORY AT THE SLV: A DEPOSIT OF .507 MILLION OZ INTO THE SLV////INVENTORY RESTS AT 481.931 MILLION

SEPT 22/WITH SILVER UP 10 CENTS TODAY; SMALL CHANGES IN SILVER INVENTORY AT THE SLV: A WITHDRAWAL OF .691 MILLION OZ FROM THE SLV////INVENTORY RESTS AT 481.424 MILLION OZ/

SEPT 21/WITH SILVER UP 33 CENTS TODAY; BIG CHANGES IN SILVER INVENTORY  AT THE SLV: A DEPOSIT OF 2.902 MILLION OZ INTO THE SLV////INVENTORY RESTS AT 482.115 MILLION OZ//

SEPT 20/WITH SILVER DOWN 18 CENTS/HUGE CHANGES IN SILVER INVENTORY AT THE SLV: A DEPOSIT OF 1.475 MILLION OZ//INVENTORY RESTS AT 479.213 MILLION OZ//

SEPT 19/WITH SILVER DOWN 2 CENTS TODAY: GIGANTIC CHANGES IN SILVER INVENTORY AT THE SLV: A DEPOSIT OF 8.108 MILLION OZ INTO THE SLV/INVENTORY RESTS AT 477.738 MILLION OZ

SEPT 16/WITH SILVER UP 8 CENTS TODAY:BIG CHANGES IN SILVER INVENTORY AT THE SLV: A DEPOSIT OF 2.58 MILLION OZ INTO THE SLV////INVENTORY RESTS AT 469.63 MILLION OZ//

SEPT 15/WITH SILVER DOWN $.25 TODAY; BIG CHANGES IN SILVER INVENTORY AT THE SLV: A DEPOSIT OF 1.151 MILLION OZ INTO THE SLV/////INVENTORY RESTS AT 467.050 MILLION OZ//

SEPT 14/WITH SILVER UP $0.06 TODAY: NO CHANGES IN SILVER INVENTORY AT THE SLV//INVENTORY RESTS AT 465.899 MILLION OZ/

SEPT 13/WITH SILVER DOWN $.31 TODAY:BIG CHANGES IN SILVER INVENTORY AT THE SLV: A WITHDRAWAL OF 2.672 MILLION OZ FROM THE SLV////INVENTORY RESTS AT 465.899 MILLION OZ//

SEPT 12/WITH SILVER  UP 1.04 TODAY; SMALL CHANGES IN SILVER INVENTORY AT THE SLV: TWO DEPOSIT OF 553,000 OZ AND 464,000 OZ INTO THE SLV////INVENTORY REST AT 468.571 MILLION OZ///

SEPT 9/WITH SILVER UP 31 CENTS TODAY: SMALL CHANGES IN SILVER INVENTORY AT THE SLV: A DEPOSIT OF 138,000 OZ INTO THE SLV////INVENTORY RESTS AT 467.557 MILLION OZ/

SEPT 8/WITH SILVER UP 16 CENTS TODAY:NO CHANGES IN SILVER INVENTORY AT THE SLV//INVENTORY RESTS AT 467.419 MILLION OZ//

SEPT 7/WITH SILVER UP 34 CENTS : BIG CHANGES IN SILVER INVENTORY AT THE SLV: A DEPOSIT OF 830,000 OZINTO THE SLV////INVENTORY RESTS AT 467.419 MILLION OZ//

SEPT 6/WITH SILVER UP ONE CENT: SMALL CHANGES IN SILVER INVENTORY AT THE SLV: A WITHDRAWAL OF 533,000 OZ FROM THE SLV//INVENTORY RESTS AT 466.589 MILLION OZ//

SEPT 2/WITH SILVER UP 13 CENTS TODAY: BIG CHANGES IN SILVER INVENTORY AT THE SLV: A DEPOSIT OF 1.567 MILLION OZ INTO THE SLV//INVENTORY RESTS AT 467.140 MILLION OZ//

SEPT 1/WITH SILVER DOWN 58 CENTS TODAY: NO CHANGES IN SILVER INVENTORY AT THE SLV//INVENTORY RESTS AT 465.573 MILLION OZ//

  AUGUST 31/WITH SILVER DOWN 36 CENTS TODAY: BIG CHANGES:A WITHDRAWAL OF 3.087 MILLION OZ FROM THE SLV. //INVENTORY RETS AT 465.573 MILLION OZ//  

AUGUST 30/WITH SILVER DOWN 34 CENTS TODAY: BIG CHANGES:A WITHDRAWAL OF 1.478 MILLION OZ FROM THE SLV. //INVENTORY RETS AT 470.135 MILLION OZ//

AUGUST 29/WITH SILVER DOWN 7 CENTS TODAY: BIG CHANGES IN SILVER INVENTORY A THE SLV: A WITHDRAWAL OF 2.765 MILLION OZ FROM THE SLV////INVENTORY RESTS AT 470.135 MILLION OZ//

AUGUST 26/WITH SILVER DOWN 39 CENTS : NO CHANGES IN SILVER INVENTORY AT THE SLV//INVENTORY RESTS AT 472.900 MILLION OZ//

AUGUST 25/WITH SILVER UP 21 CENTS TODAY: HUGE CHANGES IN SILVER INVENTORY AT THE SLV: A WITHDRAWAL OF 2.160 MILLION OZ FROM THE SLV////INVENTORY RESTS AT 472.900 MILLION OZ//

AUGUST 24/WITH SILVER DOWN 12 CENTS TODAY: HUGE CHANGES IN SILVER INVENTORY AT THE SLV: A WITHDRAWAL OF 4.424 MILLION OZ FROM THE SLV////INVENTORY RESTS AT 475.066 MILLION OZ/

AUGUST 23/WITH SILVER UP 16 CENTS TODAY: HUGE CHANGES IN SILVER INVENTORY AT THE SLV: A WITHDRAWAL OF 4.194 MILLION OZ FROM THE SLV//INVENTORY RESTS AT 479.490 MILLION OZ//

AUGUST 22/WITH SILVER DOWN 17 CENTS TODAY; NO CHANGES IN SILVER INVENTORY AT THE SLV/ INVENTORY RESTS AT 483.684 MILLION OZ

AUGUST 19/WITH SILVER DOWN 38 CENTS TODAY: HUGE CHANGES IN SILVER INVENTORY AT THE SLV: A WITHDRAWAL OF 1.798 MILLION OZ FROM THE SLV////INVENTORY RESTS AT 483.684 MILLION OZ.

CLOSING INVENTORY 480.549 MILLION OZ/

END





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