And in the US, gold standing rises by a HUGE queue jump…
by Harvey Organ of Harvey Organ Blog
//GOLD CLOSED UP $24.20 TO $1841.95//SILVER CLOSED UP 34 CENTS TO $21.89//PLATINUM CLOSED UP $27.05 TO $938.90//PALLADIUM CLOSE UP $7.65 TO $2015.25//COMEX GOLD STANDING FOR MAY RISES BY A HUGE QUEUE JUMP TO 25,400 OZ: NEW STANDING 19.079 TONNES//SILVER ALSO INCREASES BY 40,000 OZ: NEW STANDING 27.95 MILLION OZ//SEEMS THAT PORTUGAL HAS 1/2 THEIR OFFICIAL RESERVES AT THE BANK OF ENGLAND AND THAT GOLD MAY BE COMPROMISED//BRIT MISERY INDEX WORST SINCE MARG. THATCHER//EUROPE AUTO SALES DOWN 20% IN APRIL////EXISTING HOME SALES PLUMMET TO LEVELS LAST SEEN TWO YEARS AGO//
GOLD; $1841.95 UP $24.20
SILVER: $21.89 UP $.34
ACCESS MARKET: GOLD $1843.50
SILVER: $21.94
Bitcoin morning price: $29,439 UP 265
Bitcoin: afternoon price: $30,113 UP 939
Platinum price: closing UP $27.05 to $965.95
Palladium price; closing UP $7.65 at $2015.25
END
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EXCHANGE: COMEX
comex notices percentage of JPMorgan notices filed: 152/158
EXCHANGE: COMEX
CONTRACT: MAY 2022 COMEX 100 GOLD FUTURES
SETTLEMENT: 1,815.900000000 USD
INTENT DATE: 05/18/2022 DELIVERY DATE: 05/20/2022
FIRM ORG FIRM NAME ISSUED STOPPED
435 H SCOTIA CAPITAL 70
657 C MORGAN STANLEY 4
661 C JP MORGAN 152
732 C RBC CAP MARKETS 4
737 C ADVANTAGE 7 2
905 C ADM 77
TOTAL: 158 158
MONTH TO DATE: 5,830
NUMBER OF NOTICES FILED TODAY FOR MAY CONTRACT 158 NOTICE(S) FOR 15,800 OZ (0.4914 TONNES)
total notices so far: 5830 contracts for 583,000. oz (18.1337 tonnes)
SILVER NOTICES:
34 NOTICE(S) FILED 170,000 OZ/
total number of notices filed so far this month 5153 : for 25,765,000 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 $24.20
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//
A HUGE CHANGE IN GOLD INVENTORY AT THE GLD: A WITHDRAWAL OF 4.07 TONNES FROM THE GLD
INVENTORY RESTS AT 1049.21 TONNES
Silver//SLV
WITH NO SILVER AROUND AND SILVER UP 34 CENTS
AT THE SLV// A BIG CHANGE IN SILVER INVENTORY AT THE SLV://A HUGE CHANGE IN SILVER INVENTORY
AT THE SLV.: A WITHDRAWAL OF 1.892 MILLION OZ FROM THE SLV/
INVESTORS ARE SWITCHING SLV TO SPROTT’S PSLV
CLOSING INVENTORY: 563.193 MILLION OZ
Let us have a look at the data for today
SILVER//OUTLINE
SILVER COMEX OI ROSE BY A GOOD SIZED 511 CONTRACTS TO 145,069 AND CLOSER TO THE NEW RECORD OF 244,710, SET FEB 25/2020 AND THE GOOD GAIN IN OI WAS ACCOMPLISHED DESPITE OUR TINY $0.04 GAIN IN SILVER PRICING AT THE COMEX ON WEDNESDAY. OUR BANKERS WERE UNSUCCESSFUL IN KNOCKING THE PRICE OF SILVER DOWN (IT ROSE BY $0.04) AND WE ALSO UNSUCCESSFUL IN KNOCKING OFF ANY SILVER LONGS AS THEY REMAIN FIRM IN THEIR BELIEF OF A SILVER FAILURE AS WE HAD A NET GAIN OF 977 CONTRACTS ON OUR TWO EXCHANGES
WE MUST HAVE HAD:
I) HUGE BANKER SHORT COVERING AS THEY ARE VERY ANXIOUS TO GET OUT OF DODGE!!/. II)WE ALSO HAD SOME REDDIT RAPTOR BUYING//. iii) A FAIR ISSUANCE OF EXCHANGE FOR PHYSICALS iiii) A STRONG INITIAL SILVER STANDING FOR COMEX SILVER MEASURING AT 30.170 MILLION OZ FOLLOWED BY TODAY’S 40,000 OZ QUEUE. JUMP //NEW STANDING 27,950,000 MILLION OZ/ // V) GOOD SIZED COMEX OI GAIN/
I AM NOW RECORDING THE DIFFERENTIAL IN OI FROM PRELIMINARY TO FINAL:
THE DIFFERENTIAL FROM PRELIMINARY OI TO FINAL OI SILVER TODAY: CONTRACTS : -24
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 CONTACTS for 13 days, total 16,657, contracts: 83.285 million oz OR 6.406 MILLION OZ PER DAY. (1351CONTRACTS PER DAY)
TOTAL EFP’S FOR THE MONTH SO FAR: 83.285 MILLION OZ
.
LAST 11 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 AND WE ARE STILL GOING STRONG THIS MONTH.
APRIL: 114.52 MILLION OZ FINAL//LOW ISSUANCE
MAY: 83.285 MILLION OZ//INCREASING AGAIN
RESULT: WE HAD A GOOD SIZED INCREASE IN COMEX OI SILVER COMEX CONTRACTS OF 511 WITH OUR $0.04 GAIN IN SILVER PRICING AT THE COMEX// WEDENESDAY.,. THE CME NOTIFIED US THAT WE HAD A FAIR SIZED EFP ISSUANCE CONTRACTS: 442 CONTRACTS ISSUED FOR MAY AND 0 CONTRACTS ISSUED FOR ALL OTHER MONTHS) WHICH EXITED OUT OF THE SILVER COMEX TO LONDON AS FORWARDS THE DOMINANT FEATURE TODAY: /HUGE BANKER SHORT COVERING AS THEY GET OUT OF DODGE//// WE HAVE A HUGE INITIAL SILVER OZ STANDING FOR MAY. OF 30.170 MILLION OZ FOLLOWED BY TODAY;S 40,000 OZ QUEUE. JUMP //NEW STANDING 27.950 MILLION OZ// .. WE HAD A STRONG SIZED GAIN OF 953 OI CONTRACTS ON THE TWO EXCHANGES FOR 4.765 MILLION OZ WITH THE GAIN IN PRICE.
WE HAD 34 NOTICE FILED TODAY FOR 170,000 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 GOOD SIZED 4598 CONTRACTS TO 551,158 AND FURTHER FROM NEW 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: –128 CONTRACTS.
THE BIS HAS ABANDONED THE GOLD COMEX TRADING!!!
.
THE GOOD SIZED LOSS IN COMEX OI CAME WITH OUR LOSS IN PRICE OF $2.25//COMEX GOLD TRADING/WEDNESDAY / WE MUST HAVE HAD SOME SPECULATOR SHORT COVERING ACCOMPANYING OUR GIGANTIC SIZED EXCHANGE FOR PHYSICAL ISSUANCE. WE HAD ZERO LONG LIQUIDATION //JUST SPECULATOR SHORT COVERING FROM OUR STUPID SPECULATORS.
WE ALSO HAD A HUGE INITIAL STANDING IN GOLD TONNAGE FOR MAY AT 5.353 TONNES ON FIRST DAY NOTICE /FOLLOWED BY TODAY”S QUEUE JUMP OF 25,400 OZ//NEW STANDING 19.079 TONNES
YET ALL OF..THIS HAPPENED WITH OUR LOSS IN PRICE OF $2.25 WITH RESPECT TO WEDNESDAY’S TRADING
WE HAD A STRONG SIZED GAIN OF 10,655 OI CONTRACTS (33.141 PAPER TONNES) ON OUR TWO EXCHANGES..
E.F.P. ISSUANCE
THE CME RELEASED THE DATA FOR EFP ISSUANCE AND IT TOTALED A WHOPPING SIZED 15,253 CONTRACTS:
The NEW COMEX OI FOR THE GOLD COMPLEX RESTS AT 551,158
IN ESSENCE WE HAVE A STRONG SIZED INCREASE IN TOTAL CONTRACTS ON THE TWO EXCHANGES OF 10,655, WITH 4598 CONTRACTS DECREASED AT THE COMEX AND 15,253 EFP OI CONTRACTS WHICH NAVIGATED OVER TO LONDON. THUS TOTAL OI LOSS ON THE TWO EXCHANGES OF 10,783 CONTRACTS OR 33.539 TONNES.
CALCULATIONS ON GAIN/LOSS ON OUR TWO EXCHANGES
WE HAD A GIGANTIC SIZED ISSUANCE IN EXCHANGE FOR PHYSICALS (15,253) ACCOMPANYING THE GOOD SIZED LOSS IN COMEX OI (4598,): TOTAL GAIN IN THE TWO EXCHANGES 10,655 CONTRACTS. WE NO DOUBT HAD 1) SOME SPECULATOR SHORT COVERING ,2.) STRONG INITIAL STANDING AT THE GOLD COMEX FOR MAY. AT 5.353 TONNES FOLLOWED BY TODAY’S STRONG QUEUE JUMP OF 25,400 OZ//NEW STANDING 19.079 /// 3) ZERO LONG LIQUIDATION//CONSIDERABLE SPECULATOR SHORT COVERING //.,4) STRONG SIZED COMEX OI. GAIN 5) GIGANTIC ISSUANCE OF EXCHANGE FOR PHYSICAL/
HISTORICAL ACCUMULATION OF EXCHANGE FOR PHYSICALS IN 2022 INCLUDING TODAY
MAY
ACCUMULATION OF EFP’S GOLD AT J.P. MORGAN’S HOUSE OF BRIBES: (EXCHANGE FOR PHYSICAL) FOR THE MONTH OF MAY :
63,133 CONTRACTS OR 6,313,300 OR 196.37 TONNES 13 TRADING DAY(S) AND THUS AVERAGING: 4856 EFP CONTRACTS PER TRADING DAY
TO GIVE YOU AN IDEA AS TO THE SIZE OF THESE EFP TRANSFERS : THIS MONTH IN 13 TRADING DAY(S) IN TONNES: 196.37 TONNES
TOTAL ANNUAL GOLD PRODUCTION, 2021, THROUGHOUT THE WORLD EX CHINA EX RUSSIA: 3555 TONNES
THUS EFP TRANSFERS REPRESENTS 196.37/3550 x 100% TONNES 5.52% 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: 196.37 TONNES INITIAL// INCREASING AGAIN
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 MAY.WE ARE NOW INTO THE SPREADING OPERATION OF SILVER
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 APRIL HEADING TOWARDS THE ACTIVE DELIVERY MONTH OF MAY, FOR SILVER:
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 (MAR), 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 GOOD SIZED 4598 CONTRACTS TO 551,158 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 FAIR COMEX DECREASE OCCURRED DESPITE OUR LOSS OF $2.25 IN GOLD PRICING WEDNESDAY’S COMEX TRADING. WE ALSO HAD A GIGANTIC SIZED EFP (15,253 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 SHORT BIG TIME AND THEY ARE CAUGHT. THE COMMERCIALS WILL SLAUGHTER THESE GUYS WHEN THEY THINK THE TIME IS RIGHT
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 MOVING TO THE ACTIVE DELIVERY MONTH OF MAY.. THE CME REPORTS THAT THE BANKERS ISSUED A WHOPPER SIZED TRANSFER THROUGH THE EFP ROUTE AS THESE LONGS RECEIVED A DELIVERABLE LONDON FORWARD TOGETHER WITH A FIAT BONUS.,
THAT IS 15,253 EFP CONTRACTS WERE ISSUED: ;: , . 0 JUNE :15,253 & ZERO FOR ALL OTHER MONTHS:
TOTAL EFP ISSUANCE: 15,253 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 GAINED THE FOLLOWING TODAY ON OUR TWO EXCHANGES: A VERY STRONG SIZED TOTAL OF 10,655 CONTRACTS IN THAT 15,253 LONGS WERE TRANSFERRED AS FORWARDS TO LONDON AND WE HAD A GOOD SIZED COMEX OI LOSS OF 4598 CONTRACTS..AND YET THE STRONG GAIN ON OUR TWO EXCHANGES HAPPENED WITH OUR LOSS IN PRICE OF GOLD $2.25.
// WE HAVE A STRONG AMOUNT OF GOLD TONNAGE STANDING FOR MAY (19.079),
HERE ARE THE AMOUNTS THAT STOOD FOR DELIVERY IN THE PRECEDING 12 MONTHS OF 2021:
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: 19.079 TONNES
THE BANKERS WERE SUCCESSFUL IN LOWERING GOLD’S PRICE //// (IT FELL $2.25) BUT WERE UNSUCCESSFUL IN KNOCKING OFF SPECULATOR LONGS/COMMERCIAL LONGS//// WE HAVE REGISTERED A STRONG SIZED GAIN OF 33.539 TONNES ON TOTAL OI FROM OUR TWO EXCHANGES, ACCOMPANYING OUR HUGE GOLD TONNAGE STANDING FOR MAY (19.079 TONNES)…
WE HAD XX CONTRACTS REMOVED FROM COMEX TRADES. THESE WERE REMOVED AFTER TRADING ENDED LAST NIGHT
NET GAIN ON THE TWO EXCHANGES 10,783 CONTRACTS OR 1,078,300 OZ OR 33.539
TONNES
Estimated gold volume today: 162,967/// poor
Confirmed volume yesterday:167,076 contracts poor
INITIAL STANDINGS FOR MAY ’22 COMEX GOLD //MAY 19
For today: