THE RUSSIAN UKRAINE WAR IS HAS A DEVASTATING EFFECT ON COMMODITY DISTRUBUTIONS

by Harvey Organ, Harvey Organ Blog:

GOLD PRICE RISES SLIGHTLY BY 25 CENTS TO $1929.15//SILVER ADVANCES BY 16 CENTS TO $25.16//GOLD STANDING FOR MARCH RISES BY A QUEUE JUMP OF 2400 OZ: NEW STANDING 36.243 TONNES//SILVER OZ STANDING ADVANCES BY A SMALL QUEUE JUMP OF 20,000 OZ: NEW STANDING 52.560 MILLION OZ//JAMES RICKARDS: A MUST READ!//EGG PRICES ON THE RISE DUE TO BIRD FLU AND ALUMINUM AND URANIUM PRICES RISE DUE TO BLOCK SHIPPMENTS//SPANISH ECONOMY HALTS WITH A HUGE TRUCKER STRIKE AS CITIZENS REBEL AGAINST HIGHER PRICES AND COVID RESTRICTIONS//THE RUSSIAN UKRAINE WAR IS HAS A DEVASTATING EFFECT ON COMMODITY DISTRUBUTIONS//RUSSIA VS UKRAINE UPDATES//COVID/VACCINE MANDATE//VACCINE IMPACT UPDATES//OIL UPDATES

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

GOLD;  $1929.15 UP $0.25

SILVER: $25.11 UP $0.16

ACCESS MARKET: GOLD $1935.60

SILVER: $25.19

Bitcoin morning price:  $41,253 DOWN 545

Bitcoin: afternoon price: $41,041 DOWN 757

Platinum price: closing UP $10.45 to $1041.50

Palladium price; closing UP $64.75  at $2567.00

END

end

DONATE

Click here if you wish to send a donation. I sincerely appreciate it as this site takes a lot of preparation

comex notices/

March: JPMorgan stopped/total issued 3/5

 EXCHANGE: COMEXCONTRACT: MARCH 2022 COMEX 100 GOLD FUTURES
SETTLEMENT: 1,928.200000000 USD
INTENT DATE: 03/18/2022 DELIVERY DATE: 03/22/2022
FIRM ORG FIRM NAME ISSUED STOPPED

435 H SCOTIA CAPITAL 1
661 C JP MORGAN 3
737 C ADVANTAGE 5
905 C ADM 1TOTAL: 5 5

MONTH TO DATE: 11,489



NUMBER OF NOTICES FILED TODAY FOR  Mar. CONTRACT 5 NOTICE(S) FOR 500 OZ  (0.01555  TONNES)

total notices so far:  11,489 contracts for 1,148,900 oz (35.734 tonnes)

SILVER NOTICES:

0 NOTICE(S) FILED TODAY FOR  nil   OZ/

total number of notices filed so far this month  10,458  :  for 52,290,000  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 $0.25

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 CHANGES IN GOLD INVENTORY AT THE GLD//A DEPOSIT OF 9.00 TONNES INTO THE GLD//

INVENTORY RESTS AT 1082.44 TONNES

Silver//SLV

WITH NO SILVER AROUND AND SILVER UP $0.16

AT THE SLV//

INVESTORS ARE SWITCHING SLV TO SPROTT’S PSLV

A HUGE CHANGE IN SILVER INVENTORY AT THE SLV//A DEPOSIT OF 2.217 MILLION OZ

INTO THE SLV.

CLOSING INVENTORY: 550.288 MILLION OZ

Let us have a look at the data for today

SILVER//OUTLINE

SILVER COMEX OI FELL BY A STRONG SIZED  1024 CONTRACTS TO 157,342   AND FURTHER FROM THE NEW RECORD OF 244,710, SET FEB 25/2020 AND THE STRONG LOSS IN OI WAS ACCOMPLISHED WITH OUR STRONG   $0.37 LOSS  IN SILVER PRICING AT THE COMEX ON FRIDAY.  OUR BANKERS WERE SUCCESSFUL IN KNOCKING THE PRICE OF SILVER DOWN (IT FELL BY $0.37) BUT WERE  UNSUCCESSFUL IN KNOCKING OUT SOME SILVER LONGS  AS WE HAD A SMALL GAIN OF 123 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 20,000 OZ //NEW STANDING 52.560 MILLION OZ //         V)     STRONG SIZED COMEX OI LOSS/

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

THE DIFFERENTIAL FROM PRELIMINARY OI TO FINAL OI SILVER TODAY: CONTRACTS  : +3

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 15 days, total  contracts: :  29,520 contracts or 147.6 million oz  OR 9.84 MILLION OZ PER DAY. (1968 CONTRACTS PER DAY)

TOTAL NO OF OZ UNDERGOING EFP TO LONDON 29,520 CONTRACTS X 5,000 PER CONTRACT:

EQUATES TO: 147.6 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: 147.6 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 DECREASE IN COMEX OI SILVER COMEX CONTRACTS OF 1024 WITH OUR  $0.37 LOSS SILVER PRICING AT THE COMEX// FRIDAY  THE CME NOTIFIED US THAT WE HAD A HUGE  SIZED EFP ISSUANCE OF 1150 CONTRACTS( 1150 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 20,000 OZ QUEUE JUMP//NEW STANDING 52.560 MILLION OZ//  ///  .. WE HAD A SMALL SIZED GAIN OF 126 OI CONTRACTS ON THE TWO EXCHANGES FOR 0.630 MILLION OZ WITH THE STRONG LOSS IN PRICE.

 WE HAD 0 NOTICES FILED TODAY FOR nil 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 FAIR SIZED 2665 CONTRACTS  TO 610,101 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: –583  CONTRACTS. 

THE BIS HAS ABANDONED THE GOLD COMEX TRADING!!!

.

THE SMALL SIZED DECREASE IN COMEX OI CAME DESPITE OUR STRONG  LOSS IN PRICE OF $13.55//COMEX GOLD TRADING/FRIDAY/.AS IN SILVER WE MUST  HAD  HUGE BANKER/ALGO SHORT COVERING ACCOMPANYING OUR HUMONGOUS SIZED EXCHANGE FOR PHYSICAL ISSUANCE. WE HAD ZERO LONG LIQUIDATION

WE ALSO HAD A HUGE INITIAL STANDING IN GOLD TONNAGE FOR MARCH AT 14.818 TONNES FOLLOWED BY TODAY’S QUEUE JUMP  OF 2400 OZ//NEW STANDING 36.243 TONNES

YET ALL OF..THIS HAPPENED WITH OUR LOSS IN PRICE OF   $13.55 WITH RESPECT TO FRIDAY’S TRADING

WE HAD AN SMALL GAIN OF 580  OI CONTRACTS (1.804 PAPER TONNES) ON OUR TWO EXCHANGES

E.F.P. ISSUANCE

THE CME RELEASED THE DATA FOR EFP ISSUANCE AND IT TOTALED A FAIR SIZED  3245 CONTRACTS:

The NEW COMEX OI FOR THE GOLD COMPLEX RESTS AT 610,101.

IN ESSENCE WE HAVE AN SMALL SIZED INCREASE IN TOTAL CONTRACTS ON THE TWO EXCHANGES OF 580, WITH 2665 CONTRACTS DECREASED AT THE COMEX AND 3245 EFP OI CONTRACTS WHICH NAVIGATED OVER TO LONDON. THUS  TOTAL OI GAIN ON THE TWO EXCHANGES OF 580 CONTRACTS OR 1.804 TONNES.

CALCULATIONS ON GAIN/LOSS ON OUR TWO EXCHANGES

WE HAD A FAIR SIZED ISSUANCE IN EXCHANGE FOR PHYSICALS (3245) ACCOMPANYING THE SMALL SIZED LOSS IN COMEX OI (2665,): TOTAL GAIN IN THE TWO EXCHANGES 580 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 2400 OZ//NEW STANDING 36.243 TONNES ///  3) ZERO LONG LIQUIDATION ///. ,4) FAIR SIZED COMEX OI LOSS 5) FAIR 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 :

97,921 CONTRACTS OR 9,782,100 OR 304.57  TONNES 15 TRADING DAY(S) AND THUS AVERAGING: 652 EFP CONTRACTS PER TRADING DAY

TO GIVE YOU AN IDEA AS TO THE  SIZE OF THESE EFP TRANSFERS :  THIS MONTH IN 15 TRADING DAY(S) IN  TONNES: 304.57TONNES

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

THUS EFP TRANSFERS REPRESENTS  304.57/3550 x 100% TONNES  8.57% 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:  304.57 TONNES INITIAL( THIS WILL PROBABLY BE A RECORD EFP ISSUANCE MONTH. LATER THIS MONTH WE WILL SURPASS NOV 21, THE ALL TIME RECORD 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, FELL BY A STRONG SIZED 1024 CONTRACTS TO 158,342  AND FURTHER FROM  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 1150 CONTRACTS

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

MAR 1150  ALL OTHER MONTHS: ZERO. TOTAL EFP ISSUANCE:  1150 CONTRACTS. EFP’S GIVE OUR COMEX LONGS A FIAT BONUS PLUS A DELIVERABLE PRODUCT OVER IN LONDON.  IF WE TAKE THE  COMEX OI LOSS OF 1027 CONTRACTS AND ADD TO THE 1150 OI TRANSFERRED TO LONDON THROUGH EFP’S,

WE OBTAIN A SMALL SIZED GAIN OF 126 OPEN INTEREST CONTRACT FROM OUR TWO EXCHANGES. 

THUS IN OUNCES, THE GAIN ON THE TWO EXCHANGES 0.630 MILLION  OZ,

OCCURRED DESPITE OUR STRONG  $0.37 LOSS 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)MONDAY MORNING// SUNDAY  NIGHT

SHANGHAI CLOSED UP 2.61 PTS OR 0.08%       //Hang Sang CLOSED DOWN 191.06 PTS OR 0.89 %  /The Nikkei closed        //Australia’s all ordinaires CLOSED DOWN 0.16%  /Chinese yuan (ONSHORE) closed UP 6.3558    /Oil UP TO 108.95 dollars per barrel for WTI and UP TO 112.65 for Brent. Stocks in Europe OPENED  ALL GREEN        //  ONSHORE YUAN CLOSED UP AGAINST THE DOLLAR AT 6.3558. OFFSHORE YUAN CLOSED UP ON THE DOLLAR AT 6.3671: /ONSHORE YUAN TRADING ABOVE LEVEL OF OFFSHORE YUAN/ONSHORE YUAN  TRADING STRONGER AGAINST US DOLLAR/OFFSHORE STRONGER

Read More @ HarveyOrganBlog.com

Read further at SGT Report

Leave a Reply

Your email address will not be published.