BOTH GOLD AND SILVER ARE UNDER SEVERE STRESS AS BANKERS SCOUR THE PLANET FOR BADLY NEEDED GOLD AND SILVER
by Harvey Organ, Harvey Organ Blog:
HUGE RAID TODAY ON STALE DATED NEWS//GOLD CLOSED DOWN $53.85 TO $1984.15/SILVER FELL 88 CENTS TO $25.54//GOLD HAD ANOTHER MONSTER QUEUE JUMP OF 151,300 OZ //NEW STANDING: 29.39 TONNES//SILVER HAD AS WELL A HUGE QUEUE JUMP OF 6.32 MILLION OZ//BOTH GOLD AND SILVER ARE UNDER SEVERE STRESS AS BANKERS SCOUR THE PLANET FOR BADLY NEEDED GOLD AND SILVER//RUSSIA ASSAULT ON UKRAINE UPDATES//VACCINE MANDATE UPDATE/VACCINE IMPACT// CLOSE TO AN IRAN NUCLEAR DEAL//UPDATES ON THE LME NICKEL FIASCO//SWAMP STORIES FOR YOU TONIGHT
TRUTH LIVES on at https://sgtreport.tv/
GOLD; $1984.15.00 DOWN $53.85
SILVER: $25.54 DOWN $0.88
ACCESS MARKET: GOLD $1991.55
SILVER: $25.77
Bitcoin morning price: $42,006 UP 3317
Bitcoin: afternoon price: $41,951 UP 3262
Platinum price: closing DOWN $79.10 to $1076.55
Palladium price; closing DOWN $249.30 at $2922.20
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comex notices/
March: JPMorgan stopped/total issued 297/1205
EXCHANGE: COMEX
CONTRACT: MARCH 2022 COMEX 100 GOLD FUTURES
SETTLEMENT: 2,040.100000000 USD
INTENT DATE: 03/08/2022 DELIVERY DATE: 03/10/2022
FIRM ORG FIRM NAME ISSUED STOPPED
072 C GOLDMAN 42
104 C MIZUHO 79
118 C MACQUARIE FUT 85
363 H WELLS FARGO SEC 131
435 H SCOTIA CAPITAL 88
624 H BOFA SECURITIES 354
657 C MORGAN STANLEY 38
657 H MORGAN STANLEY 90
661 C JP MORGAN 297
661 H JP MORGAN 1022
685 C RJ OBRIEN 1
690 C ABN AMRO 8
737 C ADVANTAGE 2 30
800 C MAREX SPEC 36 34
905 C ADM 21 52
TOTAL: 1,205 1,205
MONTH TO DATE: 7,968
NUMBER OF NOTICES FILED TODAY FOR Mar. CONTRACT:1205 NOTICE(S) FOR 120,500 OZ (3.7480 TONNES)
total notices so far: 7968 contracts for 796,800 oz (24.783 tonnes)
SILVER NOTICES:
980 NOTICE(S) FILED TODAY FOR 4,900,000 OZ/
total number of notices filed so far this month 9186 : for 45,930.000 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 DOWN $53.85
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//
STRANGE!! A HUGE CHANGE IN GLD INVENTORY
INVENTORY RESTS AT 1067.34 TONNES
Silver//SLV
WITH NO SILVER AROUND AND SILVER DOWN $0.88
AT THE SLV//
INVESTORS ARE SWITCHING SLV TO SPROTT’S PSLV
A HUGE CHANGE IN SILVER INVENTORY AT THE SLV//A WITHDRAWAL OF 5.174 MILLION OZ FROM THE SLV//
FROM THE SLV.
CLOSING INVENTORY: 542.897 MILLION OZ
Let us have a look at the data for today
SILVER//OUTLINE
SILVER COMEX OI ROSE BY A STRONG 1263 CONTRACTS TO 168,283 AND CLOSER TO THE NEW RECORD OF 244,710, SET FEB 25/2020 AND WITH THIS HUGE GAIN IN OI, IT WAS ACCOMPANIED WITH OUR STRONG $0.88 GAIN IN SILVER PRICING AT THE COMEX ON TUESDAY. OUR BANKERS WERE UNSUCCESSFUL IN KNOCKING THE PRICE OF SILVER DOWN (IT ROSE BY $0.88) AND WERE UNSUCCESSFUL IN KNOCKING OUT ANY SILVER LONGS AS WE HAD A MONSTER GAIN OF 6492 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 GIGANTIC 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 6,320,000 OZ //NEW STANDING 48.290 MILLION OZ // V) VERY 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 : —723
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 7 days, total contracts: : 20,568 contracts or 102.840 million oz OR 14.691 MILLION OZ PER DAY. (2938 CONTRACTS PER DAY)
TOTAL NO OF OZ UNDERGOING EFP TO LONDON 20,568 CONTRACTS X 5,000 PER CONTRACT:
EQUATES TO: 102,84 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: 102.84 MILLION OZ//THIS IS GOING TO BE A HUGE EFP ISSUANCE MONTH AND MOST LIKELY WILL SET A RECORD FOR ANY MONTH
RESULT: WE HAD A STRONG SIZED INCREASE IN COMEX OI SILVER COMEX CONTRACTS OF 1263 WITH OUR STRONG $0.88 GAIN SILVER PRICING AT THE COMEX// TUESDAY THE CME NOTIFIED US THAT WE HAD A GIGANTIC SIZED EFP ISSUANCE OF 4506 CONTRACTS( 4506 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 6,290,000 OZ QUEUE JUMP /// .. WE HAD A VERY STRONG SIZED GAIN OF 5769 OI CONTRACTS ON THE TWO EXCHANGES FOR 28.845 MILLION OZ
WE HAD 980 NOTICES FILED TODAY FOR 4,900,,000 OZ
GOLD//OUTLINE
IN GOLD, THE COMEX OPEN INTEREST FELL BY A STRONG SIZED 7209 CONTRACTS TO 640,612 AND FURTHER FROM 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: –2110 CONTRACTS.
THE BIS HAS ABANDONED THE GOLD COMEX TRADING!!!
.
THE STRONG SIZED DECREASE IN COMEX OI CAME DESPITE OUR HUGE GAIN IN PRICE OF $46.10//COMEX GOLD TRADING/TUESDAY/.AS IN SILVER WE MUST HAD HUGE BANKER/ALGO SHORT COVERING ACCOMPANYING OUR HUGE SIZED EXCHANGE FOR PHYSICAL ISSUANCE. WE HAD ZERO LONG LIQUIDATION AS THE TOTAL GAIN ON OUR TWO EXCHANGES TOTALED A GOOD 4121 CONTRACTS…
WE ALSO HAD A HUGE INITIAL STANDING IN GOLD TONNAGE FOR MARCH AT 14.818 TONNES FOLLOWED BY TODAY’S QUEUE JUMP OF 151,300 OZ//NEW STANDING 29.390 TONNES
YET ALL OF..THIS HAPPENED WITH OUR GAIN IN PRICE OF $46.10 WITH RESPECT TO MONDAY’S TRADING
WE HAD AN GOOD SIZED GAIN OF 4121 OI CONTRACTS (12.818 PAPER TONNES) ON OUR TWO EXCHANGES
E.F.P. ISSUANCE
THE CME RELEASED THE DATA FOR EFP ISSUANCE AND IT TOTALED A GIGANTIC SIZED 13,330 CONTRACTS:
The NEW COMEX OI FOR THE GOLD COMPLEX RESTS AT 638,502.
IN ESSENCE WE HAVE A GOOD SIZED INCREASE IN TOTAL CONTRACTS ON THE TWO EXCHANGES OF 4121, WITH 5099 CONTRACTS DECREASED AT THE COMEX AND 13,330 EFP OI CONTRACTS WHICH NAVIGATED OVER TO LONDON. THUS TOTAL OI GAIN ON THE TWO EXCHANGES OF 4121 CONTRACTS OR 12,818 TONNES.
CALCULATIONS ON GAIN/LOSS ON OUR TWO EXCHANGES
WE HAD A STRONG SIZED ISSUANCE IN EXCHANGE FOR PHYSICALS (11330) ACCOMPANYING THE GOOD SIZED LOSS IN COMEX OI (7209,): TOTAL GAIN IN THE TWO EXCHANGES 4121 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 MAMMOTH QUEUE JUMP OF 151,300 OZ//NEW STANDING 29.390 TONNES /// 3) ZERO LONG LIQUIDATION/. ,4) STRONG SIZED COMEX OI. LOSS 5) GIGANTIC 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 :
45,453 CONTRACTS OR 4,545,300 OR 141.37 TONNES 7 TRADING DAY(S) AND THUS AVERAGING: 649 EFP CONTRACTS PER TRADING DAY
TO GIVE YOU AN IDEA AS TO THE SIZE OF THESE EFP TRANSFERS : THIS MONTH IN 7 TRADING DAY(S) IN TONNES: 141.37TONNES
TOTAL ANNUAL GOLD PRODUCTION, 2020, THROUGHOUT THE WORLD EX CHINA EX RUSSIA: 3555 TONNES
THUS EFP TRANSFERS REPRESENTS 141,37/3550 x 100% TONNES 3.97% 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: 141.37 TONNES INITIAL( THIS WILL PROBABLY BE A RECORD EFP ISSUANCE 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 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 1263 CONTRACTS TO 168,283 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 4506 CONTRACTS
OUR CUSTOMARY MIGRATION OF COMEX LONGS CONTINUE TO MORPH INTO LONDON FORWARDS AS OUR BANKERS USED THEIR EMERGENCY PROCEDURE TO ISSUE:
MAR 4506 ALL OTHER MONTHS: ZERO. TOTAL EFP ISSUANCE: 4506 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 1986 CONTRACTS AND ADD TO THE 4506 OI TRANSFERRED TO LONDON THROUGH EFP’S,
WE OBTAIN A VERY STRONG SIZED GAIN OF 5769 OPEN INTEREST CONTRACT FROM OUR TWO EXCHANGES.
THUS IN OUNCES, THE GAIN ON THE TWO EXCHANGES 28.845 MILLION OZ,
OCCURRED WITH OUR $0.88 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)WEDNESDAY MORNING// TUESDAY NIGHT
SHANGHAI CLOSED DOWN 37.14 PTS OR 1.13% //Hang Sang CLOSED DOWN 138.16 PTS OR 0.67 % /The Nikkei closed DOWN 73,42 PTS or 0.30% //Australia’s all ordinaires CLOSED UP 1.09% /Chinese yuan (ONSHORE) closed UP 6.3178 /Oil DOWN TO 119.38 dollars per barrel for WTI and DOWN TO 124.58 for Brent. Stocks in Europe OPENED ALL GREEN // ONSHORE YUAN CLOSED UP AGAINST THE DOLLAR AT 6.3178. OFFSHORE YUAN CLOSED UP ON THE DOLLAR AT 6.3238: /ONSHORE YUAN TRADING ABOVE LEVEL OF OFFSHORE YUAN/ONSHORE YUAN TRADING STRONGER AGAINST USA DOLLAR/OFF SHORE STRONGER//
