They are desperately trying to cover their folly…
by Harvey Organ of Harvey Organ Blog
//SPEC SHORTS CAUGHT OFF SIDE AS GOLD AND SILVER RALLY BIG TIME: GOLD RISES $29.30 TO $1693.40//SILVER UP A HUGE $1.46 TO $20.53//PLATINUM UP $35.30 TO $902.60//PALLADIUM UP $58.00 TO $2240.40//PREMIUS ON PHYSICAL SILVER RISING TO BETWEEN $9.50 AND $12.00 PER OZ//CREDIT SUISSE LOOKS TO BE IN SERIOUS TROUBLE AS ITS CREDIT DEFAULT SWAPS (A BET ON ITS SURVIVAL) SKYROCKETS//REVOLT BREWING IN ENGLAND AS PROTESTERS BURN THEIR ENERGY BILLS//UK PRIME MINISTER DOES A U TURN AND CANCELS TAX BREAKS//ISM MANUFACTURING (USA) FALTERS LAST MONTH//
GOLD PRICE CLOSE: UP $29.30 to $1693.40
SILVER PRICE CLOSE: UP $1.46 to $20.53
Access prices: closes
Gold ACCESS CLOSE 1699.20
Silver ACCESS CLOSE: 20.70
New: early this morning//very ominous:
On Monday, October 3, 2022 at 12:15 p.m., a meeting of the Board of Governors of the Federal Reserve System was held under expedited procedures, as set forth in section 261b.7 of the Board’s Rules Regarding Public Observation of Meetings, at the Board’s offices at 20th and C Streets, N.W., Washington, D.C. and by audio/video conference call, to consider the following matters of official Board business.
Bitcoin morning price: $19,235 DOWN 496
Bitcoin: afternoon price: $19,491 DOWN 200
Platinum price closing UP 35.30 AT $902.60
Palladium price; closing UP $58.05 at $2240.40
END
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EXCHANGE: COMEX
EXCHANGE: COMEX
CONTRACT: OCTOBER 2022 COMEX 100 GOLD FUTURES
SETTLEMENT: 1,662.400000000 USD
INTENT DATE: 09/30/2022 DELIVERY DATE: 10/04/2022
FIRM ORG FIRM NAME ISSUED STOPPED
072 C GOLDMAN 21
104 C MIZUHO 13
118 C MACQUARIE FUT 27
323 H HSBC 115
365 H ED&F MAN CAPITA 2
624 C BOFA SECURITIES 34
624 H BOFA SECURITIES 34
657 C MORGAN STANLEY 96
661 C JP MORGAN 266
685 C RJ OBRIEN 5
686 C STONEX FINANCIA 6
686 H STONEX FINANCIA 14
690 C ABN AMRO 101
700 C UBS 572
732 C RBC CAP MARKETS 12
800 C MAREX SPEC 97 39
845 C GOLDMAN SACHS C 1
878 C PHILLIP CAPITAL 4
880 C CITIGROUP 151
905 C ADM 13 3
TOTAL: 813 813
MONTH TO DATE: 20,641
JPMORGAN STOPPED 266/813
GOLD: NUMBER OF NOTICES FILED FOR OCT CONTRACT: 813
20,641 NOTICES FOR 2,064,100 OZ //64.202 TONNES
total notices so far: 20,641 contracts for 2,064,100 oz (64.202 tonnes)
SILVER NOTICES: 3 NOTICES FILED FOR 15,000 OZ/
total number of notices filed so far this month 55 : for 275,000 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 $29.30
VERY STRANGE!!
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 1.45
TONNES FROM THE GLD/
INVENTORY RESTS AT 939.70 TONNES
Silver//SLV
WITH NO SILVER AROUND AND SILVER UP $1.46
AT THE SLV// ://BIG CHANGES IN SILVER INVENTORY AT THE SLV//: A DEPOSIT OF OF 1.013 MILLION OZ INTO THE SLV//
INVESTORS ARE SWITCHING SLV TO SPROTT’S PSLV
CLOSING INVENTORY: 480.917 MILLION OZ
Let us have a look at the data for today
SILVER//OUTLINE
SILVER COMEX OI FELL BY A GIGANTIC SIZED 2401 CONTRACTS TO 127,382 (ALL TIME LOW) AND FURTHER FROM THE RECORD HIGH OI OF 244,710, SET FEB 25/2020 AND THE HUGE LOSS IN COMEX OI WAS ACCOMPLISHED DESPITE OUR $0.31 GAIN IN SILVER PRICING AT THE COMEX ON FRIDAY. OUR BANKERS WERE UNSUCCESSFUL IN KNOCKING THE PRICE OF SILVER DOWN (IT ROSE BY $0.31) AND WERE UNSUCCESSFUL IN KNOCKING OFF SOME SPEC SILVER LONGS AS WE HAD A HUGE LOSS OF 2228 CONTRACTS ON OUR TWO EXCHANGES. WE DID HAVE HUGE SPEC SHORT COVERINGS WITH THE BANKERS CONTINUALLY ON THE BUY SIDE.
WE MUST HAVE HAD:
I) CONTINUAL HUGE SPECULATOR SHORT COVERINGS ////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 1.580 MILLION OZ FOLLOWING A ZERO QUEUE JUMP / // V) GIGANTIC SIZED COMEX OI LOSS/
I AM NOW RECORDING THE DIFFERENTIAL IN OI FROM PRELIMINARY TO FINAL: –53
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 1 days, total 50 contracts: 0.250 million oz OR 0.250MILLION OZ PER DAY. (50 CONTRACTS PER DAY)
TOTAL EFP’S FOR THE MONTH SO FAR: 0.25 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. 74.025 MILLION OZ///FINAL
RESULT: WE HAD A GIGANTIC SIZED DECREASE IN COMEX OI SILVER COMEX CONTRACTS OF 2401 DESPITE OUR STRONG $0.31 GAIN IN SILVER PRICING AT THE COMEX// FRIDAY.,. 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: /HUGE BANKER ADDITIONS A// NET SPEC SHORT LIQUIDATIONS /// WE HAVE A GOOD INITIAL SILVER OZ STANDING FOR OCT. OF 1.580 MILLION OZ FOLLOWED BY TODAY’S ZERO QUEUE JUMP .. WE HAD A GIGANTIC SIZED LOSS OF 2351 OI CONTRACTS ON THE TWO EXCHANGES FOR 11.755MILLION OZ..
WE HAD 3 NOTICE(S) FILED TODAY FOR 15,000 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 GIGANTIC SIZED 21,464 CONTRACTS TO 432,024 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 — -186 CONTRACTS.
.
THE GIGANTIC SIZED DECREASE IN COMEX OI CAME DESPITE OUR GAIN IN PRICE OF $3.75//COMEX GOLD TRADING/FRIDAY / WE HAD HUGE FINAL SPREADER LIQUIDATION WHICH HAD NO EFFECT ON PRICE// CONSIDERABLE SPECULATOR SHORT COVERINGS ACCOMPANYING OUR FAIR SIZED EXCHANGE FOR PHYSICAL ISSUANCE./. WE HAD ZERO LONG 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 OCT. AT 66.099 TONNES ON FIRST DAY NOTICE FOLLOWED BY TODAY’S QUEUE JUMP OF 1800 OZ//NEW STANDING 66.155 TONNES (QUEUE JUMPING = EXERCISING LONDON BASED EFP’S WILL CONTINUE UNTIL MONTH’S END)
YET ALL OF..THIS HAPPENED WITH OUR GAIN IN PRICE OF $3.75 WITH RESPECT TO FRIDAY’S TRADING
WE HAD A GIGANTIC SIZED LOSS OF 17,778 OI CONTRACTS 55.172 PAPER TONNES) ON OUR TWO EXCHANGES..
E.F.P. ISSUANCE
THE CME RELEASED THE DATA FOR EFP ISSUANCE AND IT TOTALED A FAIR SIZED 3726 CONTRACTS:
The NEW COMEX OI FOR THE GOLD COMPLEX RESTS AT 432,024
IN ESSENCE WE HAVE A GIGANTIC SIZED DECREASE IN TOTAL CONTRACTS ON THE TWO EXCHANGES OF 17,738 CONTRACTS WITH 21,464 CONTRACTS DECREASED AT THE COMEX AND 3726 EFP OI CONTRACTS WHICH NAVIGATED OVER TO LONDON. THUS TOTAL OI LOSS ON THE TWO EXCHANGES OF 17,738 CONTRACTS OR 54,59 TONNES.
CALCULATIONS ON GAIN/LOSS ON OUR TWO EXCHANGES
WE HAD A FAIR SIZED ISSUANCE IN EXCHANGE FOR PHYSICALS (3726) ACCOMPANYING THE GIGANTIC SIZED LOSS IN COMEX OI (21,464): TOTAL LOSS IN THE TWO EXCHANGES 17,738 CONTRACTS. WE NO DOUBT HAD 1) CONSIDERABLE SPECULATOR SHORT COVERINGS// CONTINUED GOOD BANKER ADDITIONS/// ,2.) STRONG INITIAL STANDING AT THE GOLD COMEX FOR OCT. AT 66.099 TONNES FOLLOWED BY TODAY’S 1800 OZ QUEUE JUMP///NEW STANDING 66.155 TONNES//. 3) ZERO LONG LIQUIDATION //// //.,4) GIGANTIC SIZED COMEX OPEN INTEREST LOSS 5) FAIR ISSUANCE OF EXCHANGE FOR PHYSICAL/5/FINAL SPREADER LIQUIDATION.
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 OCT. :
3726 CONTRACTS OR 372600 OZ OR 11.58 TONNES 1 TRADING DAY(S) AND THUS AVERAGING: 3726 EFP CONTRACTS PER TRADING DAY
TO GIVE YOU AN IDEA AS TO THE SIZE OF THESE EFP TRANSFERS : THIS MONTH IN 1 TRADING DAY(S) IN TONNES: 11.58 TONNES
TOTAL ANNUAL GOLD PRODUCTION, 2021, THROUGHOUT THE WORLD EX CHINA EX RUSSIA: 3555 TONNES
THUS EFP TRANSFERS REPRESENTS 11.58/3550 x 100% TONNES 0.309% 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. 193.16 TONNES FINAL
OCT: 11.58 TONNES INITIAL
SPREADING OPERATIONS
(/NOW SWITCHING TO GOLD) FOR NEWCOMERS, HERE ARE THE DETAILS
SPREADING LIQUIDATION HAS NOW COMMENCED AS WE HEAD TOWARDS THE NEW NON ACTIVE FRONT MONTH OF NOV. WE ARE NOW INTO THE SPREADING OPERATION OF BOTH SILVER AND GOLD (WILL BE SMALL AS SPREADERS DO NOT PAY ATTENTION TO NOVEMBER)
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 OCT HEADING TOWARDS THE NON ACTIVE DELIVERY MONTH OF NOV., FOR BOTH GOLD AND 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 (NOV), 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 GIGANTIC SIZED 21,278 CONTRACTS TO 432,210 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 HUGE COMEX DECREASE OCCURRED DESPITE OUR RISE IN PRICE OF $3.75 IN GOLD PRICING FRIDAY’S COMEX TRADING. WE ALSO HAD A FAIR SIZED EFP (3728 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 ACTIVE DELIVERY MONTH OF OCT.. 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 3726 EFP CONTRACTS WERE ISSUED: ;: , . 0 DEC :3726 & ZERO FOR ALL OTHER MONTHS:
TOTAL EFP ISSUANCE: 3529 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 GIGANTIC SIZED SIZED TOTAL OF 17,552 CONTRACTS IN THAT 3726 LONGS WERE TRANSFERRED AS FORWARDS TO LONDON AND WE HAD A GIGANTIC SIZED COMEX OI LOSS OF 21,278 CONTRACTS..AND THIS HUGE LOSS ON OUR TWO EXCHANGES HAPPENED DESPITE OUR SMALL RISE IN PRICE OF GOLD $3.75. WE HAD OUR FINAL CONCLUSION OF SPREADER LIQUIDATION WHICH SURPRISINGLY HAD NO EFFECT ON THE GOLD PRICE//WE HAD SPEC SHORT DESPERATELY TRYING TO COVER WITH BANKERS TAKING THE BUY SIDE. IT IS BECOMING EXTREMELY DIFFICULT FOR OUR SHORTERS. THUS, WE ARE NOW WITNESSING THE SPECULATORS CONTINUING TO GO 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. (SEE THE TED BUTLER ARTICLE ON THIS MATTER/FRIDAY//SEPT 30)
// WE HAVE A STRONG AMOUNT OF GOLD TONNAGE STANDING OCT (66.155),
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. 38.1158 TONNES
OCT: 66.155 TONNES
THE BANKERS WERE UNSUCCESSFUL IN LOWERING GOLD’S PRICE //// (IT ROSE $3.75) AND WERE UNSUCCESSFUL IN KNOCKING OFF ANY SPECULATOR LONGS AS WE HAD A HUGE SIZED TOTAL LOSS ON OUR TWO EXCHANGES OF 17,552 CONTRACTS // WE HAVE REGISTERED A HUGE LOSS OF 55,172 PAPER TONNES ON TOTAL OI FROM OUR TWO EXCHANGES, ACCOMPANYING OUR GOLD TONNAGE STANDING FOR SOCT. (66.155 TONNES)…ALL OF THE LOSS IN OI WAS DUE TO THE CONCLUSION OF SPREADER LIQUIDATION
WE HAD -186 CONTRACTS COMEX TRADES REMOVED. THESE WERE REMOVED AFTER TRADING ENDED LAST NIGHT
NET LOSS ON THE TWO EXCHANGES 17,738 CONTRACTS OR 1,773,800 OZ OR 55.172 TONNES
Estimated gold volume 165,761/// poor//
final gold volumes/yesterday 217,443/ fair
INITIAL STANDINGS FOR OCT ’22 COMEX GOLD //OCT 3
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: 40,638.860 oz
total: 40,638.600 oz
total in tonnes: 1.264 tonnes
Adjustments: 2
JPM: dealer to customer; 32,118.822 0z
JPM enhanced: customer to dealer: 41,736.838
CALCULATIONS FOR THE AMOUNT OF GOLD STANDING FOR OCT.
For the front month of OCT we have an oi of 1441 contracts having LOST 19,810 contracts . We had 19,828 contracts
filed on Friday, so we gained 18 contracts or an additional 1800 oz will stand in this active delivery month of Oct.
This is the second straight delivery month where we witness QUEUE jumping on day two of the delivery cycle.
We will gain gold oz standing on each and every trading day from this day forth until the conclusion of October.
(remember that queue jumping is really EFP’s exercised from London for gold underwritten by COMEX based bankers)
November GAINED 47 contracts to stand at 2138
December LOST 1978 contracts DOWN to 379,397
We had 813 notice(s) filed today for 81300 oz FOR THE OCT. 2022 CONTRACT MONTH.
Today, 0 notice(s) were issued from J.P.Morgan dealer account and 0 notices were issued from their client or customer account. The total of all issuance by all participants equate to 813 contract(s) of which 0 notices were stopped (received) by j.P. Morgan dealer and 266 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 OCT /2022. contract month,
we take the total number of notices filed so far for the month (20,641) x 100 oz , to which we add the difference between the open interest for the front month of (OCT 1441 CONTRACTS) minus the number of notices served upon today 813 x 100 oz per contract equals 2,126900 OZ OR 66.155 TONNES the number of TONNES standing in this active month of OCT.
thus the INITIAL standings for gold for the OCT contract month:
No of notices filed so far (20,641) x 100 oz+ (xx) OI for the front month minus the number of notices served upon today (813} x 100 oz} which equals 2,126,900 oz standing OR 66.155 TONNES in this NON active delivery month of OCTOBER.
TOTAL COMEX GOLD STANDING: 66.155 TONNES (A HUMONGOUS STANDING FOR OCT (GENERALLY THE POOREST DELIVERY MONTHS FOR AN ACTIVE 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: 2,057,668.110 oz 64.00 tonnes
TOTAL OF ALL GOLD ELIGIBLE AND REGISTERED: 26,318,372.766 OZ
TOTAL REGISTERED GOLD: 13,092,999.826 OZ (407.24 tonnes)
TOTAL OF ALL ELIGIBLE GOLD: 13,225,372.940 OZ
REGISTERED GOLD THAT CAN BE SERVED UPON: 11,035.331 OZ (REG GOLD- PLEDGED GOLD) 343.234 tonnes//rapidly declining
END
SILVER/COMEX
OCT 3//INITIAL OCT SILVER CONTRACT
And now for the wild silver comex results
i) 0 dealer deposit
total dealer deposits: nil oz
i) We had 0 dealer withdrawal
total dealer withdrawals: oz
We have 2 deposits into the customer account
i) Into HSBC: 581,708.100 oz
ii) Into CNT: 581,708.100 oz
Total deposits: 1,476,137.010 oz
JPMorgan has a total silver weight: 161.817million oz/313.059million =51.69% of comex
Comex withdrawals: 6
i)Out of CNT 122,116.340 oz
ii)Out of Brinks: 595,746.250 oz
iii) Out of Delaware 15,288.988 oz
iv) Out of hSBC: 2051.440 oz
v) JPMorgan: 1,129,168.772 oz
vi) Out of Manfra: 564,010.810 oz
total withdrawals: 2,428,982.810 oz
adjustments: // 5
DEALER TO CUSTOMER:
i)Brinks: 1,102,972.800 oz
the silver comex is in stress!
TOTAL REGISTERED SILVER: 41.112 MILLION OZ (declining rapidly)
TOTAL REG + ELIG. 313.059 MILLION OZ (also declining)
CALCULATION OF SILVER OZ STANDING FOR SEPT
silver open interest data:
FRONT MONTH OF OCT OI: 261 CONTRACTS HAVING LOST 55 CONTRACTS.
WE HAD 55 NOTICES FILED ON FRIDAY SO WE NEITHER GAINED NOR LOST ANY
SILVER CONTRACTS STANDING FOR OCT.
NOVEMBER GAINED 18 CONTRACTS TO STAND AT 283
DECEMBER SAW A LOSS OF 2541 CONTRACTS DOWN TO 111,483
.
.
TOTAL NUMBER OF NOTICES FILED FOR TODAY: 3 for 15,000 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 OCT we take the total number of notices filed for the month so far at 58 x 5,000 oz = 290,000 oz
to which we add the difference between the open interest for the front month of OCT(261) and the number of notices served upon today 3 x (5000 oz) equals the number of ounces standing.
Thus the standings for silver for the OCT./2022 contract month: 58 (notices served so far) x 5000 oz + OI for front month of OCT (261) – number of notices served upon today (3) x 5000 oz of silver standing for the OCT contract month equates 1,580,000 oz. .
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:52,182// est. volume today// poor
Comex volume: confirmed yesterday: 61,393contracts ( poor)
END
GLD AND SLV INVENTORY LEVELS
OCT 3.WITH GOLD UP $29.30 TODAY: BIG CHANGES IN GOLD INVENTORY AT THE GLD AND A BIG SURPRISE: A WITHDRAWAL OF 1.45 TONNES FROM THE GLD////INVENTORY RESTS AT 939.70 TONNES
SEPT 30 WITH GOLD UP $3.75 TODAY : BIG CHANGES IN GOLD INVENTORY AT THE GLD: A WITHDRAWAL OF 2.01 TONNES FROM THE GLD////INVENTORY RESTS AT 941.15 TONNES
SEPT 29/WITH GOLD DOWN $.85 TODAY: BIG CHANGES IN GOLD INVENTORY AT THE GLD: A DEPOSIT OF 3.3 TONNES INTO THE GLD//INVENTORY RESTS AT 943.16 TONNES
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
GLD INVENTORY: 939.70 TONNES
Now the SLV Inventory/( vehicle is a fraud as there is no physical metal behind them
OCT 1/WITH SILVER UP $1.46 : NO CHANGES IN SILVER INVENTORY AT THE SLV//INVENTORY RESTS AT 480.917 MILLION OZ//
SEPT 30/WITH SILVER UP 31 CENTS TODAY: SMALL CHANGES IN SILVER INVENTORY AT THE SLV: A DEPOSIT OF 1.013 MILLION OZ FROM THE SLV//INVENTORY RESTS AT 480.917 MILLION OZ//
SEPT 29/WITH SILVER DOWN 15 CENTS: BIG CHANGES IN SILVER INVENTORY AT THE SLV//A WITHDRAWAL OF 645,000 OZ FROM THE SLV//INVENTORY RESTS AT 479.904 MILLION OZ//
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//
CLOSING INVENTORY 480.917 MILLION OZ//
END
