WHEAT SHORTAGE WILL PLAY HAVOC TO EGYPT, TURKEY AND TUINISIA WHO BUYS ALL THEIR WHEAT FROM RUSSIA

by Harvey Organ, Harvey Organ Blog:

GOLD ROCKETS HIGHER AGAIN, THIS TIME UP $28.40 TO $1963.40//SILVER ALSO RESPONDS IN KIND UP 50 CENTS TO $25.64//GOLD STANDING FOR DELIVERY IN MARCH ADVANCES BY 300 OZ//NEW STANDING 17.409 TONNES//SILVER OZ ALSO INCREASES UP BY A STRONG QUEUE JUMP OF 230,000 OZ TO 14.845 MILLION OZ//TWO IMPORTANT COMMENTARIES FOR YOU TO READ OVER THE WEEKEND: ALASDAIR MACLEOD AND MIKE EVERY//COMMODITIES RIP HIGHER ON THE WEEK LET MY WHEAT AND FERTILIZER BOTH OF WHICH COMES FROM RUSSIA//THE WHEAT SHORTAGE WILL PLAY HAVOC TO EGYPT, TURKEY AND TUINISIA WHO BUYS ALL THEIR WHEAT FROM RUSSIA//EU NATURAL GAS SKYROCKETS AGAIN IN PRICE (EQUIVALENT OIL PRICE $367 PER BARREL)//RUSSIA VS UKRAINE UPDATES/RUSSIA SHELLS NUCLEAR FACILITY AND THEN CAPTURES IT (MAYBE A BLACKMAIL SCENARIO?)//BBC REMOVES ITS REPORTERS FROM RUSSIA/MAERSK REPORTS HUGE DELAYS IN GETTING FOOD AND MEDICINES TO RUSSIA BECAUSE OF EXTRA SCRUTINY//VACCINE MANDATE UPDATES/VACCINE IMPACT/NFL FIRST TO REMOVE ALL VACCINE MANDATE PROTOCOLS//FRA-OIS PROBLEMS RESURFACE AS DOLLARS BECOME SCARCE AGAIN

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

GOLD;  $1963.40 UP $28.40

SILVER: $25.14 UP $0.50

ACCESS MARKET: GOLD $1970.10

SILVER: $25.73

 Bitcoin morning price:  $41,595 DOWN  $604

Bitcoin: afternoon price: $39,333 DOWN 2864

Platinum price: closing UP $35.50 to $1116.75

Palladium price; closing UP $197.95  at $2985.40

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comex notices/

March: JPMorgan stopped/total issued 0



NUMBER OF NOTICES FILED TODAY FOR  Mar. CONTRACT:0 NOTICE(S) FOR 0 OZ  (0  TONNES)

total notices so far:  3681 contracts for 368,100 oz (11.449 tonnes)

SILVER NOTICES:

3062 NOTICE(S) FILED TODAY FOR  15,310,000   OZ/

total number of notices filed so far this month  7518  :  for 37,590,000  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.

END

GLD

WITH GOLD UP $28.40

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//

NO CHANGES IN GLD INVENTORY//

INVENTORY RESTS AT 1050.22 TONNES

Silver//SLV

WITH NO SILVER AROUND AND SILVER UP $0.02

AT THE SLV//

INVESTORS ARE SWITCHING SLV TO SPROTT’S PSLV

NO CHANGES IN SILVER INVENTORY AT THE SLV/

FROM THE SLV.

CLOSING INVENTORY: 545.854 MILLION OZ

Let us have a look at the data for today

SILVER//OUTLINE

SILVER COMEX OI ROSE BY A STRONG  1851 CONTRACTS TO 161,172  AND CLOSER TO THE NEW RECORD OF 244,710, SET FEB 25/2020 AND DESPITE  THIS STRONG GAIN IN OI, IT WAS ACCOMPANIED WITH OUR TINY  $0.02 GAIN  IN SILVER PRICING AT THE COMEX ON THURSDAY.  OUR BANKERS WERE UNSUCCESSFUL IN KNOCKING THE PRICE OF SILVER DOWN (IT ROSE BY $0.02) AND WERE  UNSUCCESSFUL IN KNOCKING OUT ANY SILVER LONGS  AS WE HAD A HUGE  GAIN OF 4817 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 STRONG ISSUANCE OF EXCHANGE FOR PHYSICALS iiii) A HUGE INITIAL SILVER STANDING FOR COMEX SILVER MEASURING AT 42.860 MILLION OZ FOLLOWED BY TODAY’S QUEUE JUMP OF 230,000 OZ //NEW STANDING 40.845 //         V)    STRONG 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  : —316

HISTORICAL ACCUMULATION OF EXCHANGE FOR PHYSICALS  MAR. ACCUMULATION FOR EFP’S SILVER/JPMORGAN’S HOUSE OF BRIBES/STARTING FROM FIRST DAY/MONTH OF MAR:

TOTAL CONTACTS for 4 days, total  contracts: :  8474 contracts or 42.370 million oz  OR 10.5925 MILLION OZ PER DAY. (2118 CONTRACTS PER DAY)

TOTAL NO OF OZ UNDERGOING EFP TO LONDON 8474 CONTRACTS X 5,000 PER CONTRACT:

EQUATES TO: 42.37 MILLION OZ

.

LAST 10 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: 42.37 MILLION OZ//

RESULT: WE HAD A STRONG  SIZED INCREASE IN COMEX OI SILVER COMEX CONTRACTS OF 1851 DESPITE OUR TINY  $0.02  GAIN SILVER PRICING AT THE COMEX// THURSDAY  THE CME NOTIFIED US THAT WE HAD A  STRONG  SIZED EFP ISSUANCE OF  2650 CONTRACTS( 2650 CONTRACTS ISSUED FOR MAR 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 MAR. OF 42.860 MILLION OZ  FOLLOWED BY TODAY’S 230,000 OZ EFP TO LONDON  ///  .. WE HAD A GIGANTIC SIZED GAIN OF 4501 OI CONTRACTS ON THE TWO EXCHANGES FOR 22.505MILLION OZ

 WE HAD 3062 NOTICES FILED TODAY FOR  15,310,000 OZ

GOLD//OUTLINE

IN GOLD, THE COMEX OPEN INTEREST ROSE BY A GOOD SIZED 4226 CONTRACTS  TO 617,053 AND FURTHER FORM  OUR 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: –917  CONTRACTS.

THE BIS HAS ABANDONED THE GOLD COMEX TRADING!!!

.

THE  GOOD SIZED INCREASE IN COMEX OI CAME WITH OUR STRONG GAIN IN PRICE OF $13.95//COMEX GOLD TRADING/THURSDAY/.AS IN SILVER WE MUST  HAD  HUGE BANKER/ALGO SHORT COVERING ACCOMPANYING OUR STRONG SIZED EXCHANGE FOR PHYSICAL ISSUANCE. WE HAD ZERO LONG LIQUIDATION   AS THE TOTAL GAIN ON OUR TWO EXCHANGES TOTALED A VERY STRONG 10,030 CONTRACTS…

WE ALSO HAD A HUGE INITIAL STANDING IN GOLD TONNAGE FOR MARCH AT 14.818 TONNES FOLLOWED BY TODAY’S QUEUE JUMP OF 300 OZ//NEW STANDING 17.418 TONNES

YET ALL OF..THIS HAPPENED WITH OUR GAIN IN PRICE OF   $13.95 WITH RESPECT TO THURSDAY’S TRADING

WE HAD A VERY STRONG SIZED GAIN OF 10,030  OI CONTRACTS (31.197 PAPER TONNES) ON OUR TWO EXCHANGES

E.F.P. ISSUANCE

THE CME RELEASED THE DATA FOR EFP ISSUANCE AND IT TOTALED A STRONG SIZED  5804 CONTRACTS:

The NEW COMEX OI FOR THE GOLD COMPLEX RESTS AT 617,053.

IN ESSENCE WE HAVE A VERY STRONG SIZED INCREASE IN TOTAL CONTRACTS ON THE TWO EXCHANGES OF 10,030, WITH 4226 CONTRACTS INCREASED AT THE COMEX AND 5804 EFP OI CONTRACTS WHICH NAVIGATED OVER TO LONDON. THUS  TOTAL OI GAIN ON THE TWO EXCHANGES OF 10 030 CONTRACTS OR 31.197TONNES.

CALCULATIONS ON GAIN/LOSS ON OUR TWO EXCHANGES

WE HAD A STRONG SIZED ISSUANCE IN EXCHANGE FOR PHYSICALS (5804) ACCOMPANYING THE GOOD SIZED GAIN IN COMEX OI (4226,): TOTAL GAIN IN THE TWO EXCHANGES 10,030 CONTRACTS. WE NO DOUBT HAD 1) HUGE BANKER SHORT COVERING ,2.) HUGE INITIAL STANDING AT THE GOLD COMEX FOR MARCH. AT 14.818 TONNES FOLLOWED BY TODAY’S QUEUE JUMP OF 300 OZ//NEW STANDING 17.418 TONNES ///  3) ZERO LONG LIQUIDATION/. ,4)  GOOD SIZED COMEX OI. GAIN 5) STRONG ISSUANCE OF EXCHANGE FOR PHYSICAL/

HISTORICAL ACCUMULATION OF EXCHANGE FOR PHYSICALS IN 2022 INCLUDING TODAY

MARCH

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

20,027 CONTRACTS OR 12,002,700 OR 62.29  TONNES 4 TRADING DAY(S) AND THUS AVERAGING: 5006 EFP CONTRACTS PER TRADING DAY

TO GIVE YOU AN IDEA AS TO THE  SIZE OF THESE EFP TRANSFERS :  THIS MONTH IN 4 TRADING DAY(S) IN  TONNES: 62.29 TONNES

TOTAL ANNUAL GOLD PRODUCTION, 2020, THROUGHOUT THE WORLD EX CHINA EX RUSSIA: 3555 TONNES

THUS EFP TRANSFERS REPRESENTS  62.29/3550 x 100% TONNES  1.74% 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.           145.12 TONNES//FINAL ISSUANCE//

JAN:2022   247.25 TONNES //FINAL

FEB:           196.04 TONNES//FINAL

MARCH:  62.29 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 ACTIVE FRONT MONTH OF APRIL.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 MARCH HEADING TOWARDS THE  ACTIVE DELIVERY MONTH OF APRIL, 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 (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

First, here is an outline of what will be discussed tonight:

1.Today, we had the open interest at the comex, in SILVER, ROSE BY A STRONG SIZED  1851 CONTRACTS TO 161,172  AND CLOSER TO OUR COMEX RECORD //244,710(SET FEB 25/2020).  THE LAST RECORDS WERE SET  IN AUG.2018 AT 244,196 WITH A SILVER PRICE OF $14.78/(AUGUST 22/2018)..THE PREVIOUS RECORD TO THAT WAS SET ON APRIL 9/2018 AT 243,411 OPEN INTEREST CONTRACTS WITH THE SILVER PRICE AT THAT DAY: $16.53). AND PREVIOUS TO THAT, THE RECORD  WAS ESTABLISHED AT: 234,787 CONTRACTS, SET ON APRIL 21.2017 OVER  4 1/2 YEARS AGO.

EFP ISSUANCE 2650 CONTRACTS

OUR CUSTOMARY MIGRATION OF COMEX LONGS CONTINUE TO MORPH INTO LONDON FORWARDS  AS OUR BANKERS USED THEIR EMERGENCY PROCEDURE TO ISSUE:

MAR 2650  ALL OTHER MONTHS: ZERO. TOTAL EFP ISSUANCE:  2650 CONTRACTS. EFP’S GIVE OUR COMEX LONGS A FIAT BONUS PLUS A DELIVERABLE PRODUCT OVER IN LONDON.  IF WE TAKE THE  COMEX OI GAIN OF 1851 CONTRACTS AND ADD TO THE 2650 OI TRANSFERRED TO LONDON THROUGH EFP’S,

WE OBTAIN A HUGE SIZED GAIN OF 4501 OPEN INTEREST CONTRACT FROM OUR TWO EXCHANGES. 

THUS IN OUNCES, THE GAIN ON THE TWO EXCHANGES 22.505 MILLION  OZ,

OCCURRED WITH OUR  $0.02 GAIN IN PRICE.

OUTLINE FOR TODAY’S COMMENTARY

(report Harvey)

2 ) Gold/silver trading overnight Europe,

(Peter Schiff,

3. Egon von Greyerz///Matthew Piepenburg via GoldSwitzerland.com,

4. Chris Powell of GATA provides to us very important physical commentaries

5. Other gold commentaries

6. Commodity commentaries/cryptocurrencies

3. ASIAN AFFAIRS

i)FRIDAY MORNING// THURSDAY  NIGHT

SHANGHAI CLOSED DOWN 33.46 PTS OR 0.96%       //Hang Sang CLOSED DOWN 562.05 PTS OR 2.50%  /The Nikkei closed DOWN 591,80 PTS or 2.23%       //Australia’s all ordinaires CLOSED DOWN 0.69%  /Chinese yuan (ONSHORE) closed DOWN 6.3184    /Oil UP TO 110.48 dollars per barrel for WTI and UP TO 113.27 for Brent. Stocks in Europe OPENED  ALL RED        //  ONSHORE YUAN CLOSED UP AGAINST THE DOLLAR AT 6.3184. OFFSHORE YUAN CLOSED DOWN ON THE DOLLAR AT 6.3251: /ONSHORE YUAN TRADING ABOVE LEVEL OF OFFSHORE YUAN/ONSHORE YUAN  TRADING WEAKER AGAINST USA DOLLAR/OFF SHORE WEAKER//

A)NORTH KOREA/

b) REPORT ON JAPAN

OUTLINE

OUTLINE

OUTLINE

5. RUSSIAN AND MIDDLE EASTERN AFFAIRS

OUTLINE

OUTLINE

7. OIL ISSUES

OUTLINE

8 EMERGING MARKET ISSUES

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

GOLD

LET US BEGIN:

THE TOTAL COMEX GOLD OPEN INTEREST ROSE BY A GOOD SIZED 4226 CONTRACTS  AND CLOSER TO 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 INCREASE OCCURRED WITH OUR STRONG GAIN OF $13.95 IN GOLD PRICING THURSDAY’S COMEX TRADING. WE ALSO HAD A STRONG SIZED EFP (5804 CONTRACTS). . THEY WERE PAID HANDSOMELY  NOT TO TAKE DELIVERY AT THE COMEX AND SETTLE FOR CASH. 

Read More @ HarveyOrganBlog.com

Read further at SGT Report

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