CLOROX HIT WITH HUGE INFLATIONARY COSTS AND MUST RAISE PRICES
by Harvey Organ, Harvey Organ Blog:
WORK IN PROGRESS: GOLD PRICE CLOSED UP $6.05 TODAY TO $1870.10 // SILVER UP $.04 TO $22.61//GOLD STANDING FOR MAY INCREASES AGAIN BY A QUEUE JUMP OF 20300 OZ: NEW STANDING 6.1866//SILVER HAS ANOTHER EFP TO LONDON SO SILVER STANDING DECREASES TO 28,505,000 OZ//COVID UPDATES: DR PAUL ALEXANDER//VACCINE IMPACT//RUSSIA VS UKRAINE AND THE WEST//COMMODITY PROBLEMS: DIESEL //CLOROX HIT WITH HUGE INFLATIONARY COSTS AND MUST RAISE PRICES//SWAMP STORIES FOR YOU TONIGHT
TRUTH LIVES on at https://sgtreport.tv/
I will be out for most of the day so today’s report will be relatively small. The comex data is accurate
save for the comex inventory movements which are not important. The 4 pm data will not be provided
and the data shown is yesterday. Also GLD and SLV inventory will b provided, plus closing gold and silver prices..
harvey.
May 3, 2022 · by harveyorgan · in Uncategorized · Leave a comment·Edit
May 3, 2022 · by harveyorgan · in Uncategorized · Leave a comment·Edit
GOLD; $1868.10 up $6.05
SILVER: $22.61up $0.04
ACCESS MARKET: GOLD $1863.30
SILVER: $22.56
Bitcoin morning price: $38,385 UP 52
Bitcoin: afternoon price: $38,333 DOWN 100
Platinum price: closing DOWN $11.50 to $937.95
Palladium price; closing DOWN $110.05 at $2210.70
END
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comex notices/ 6/8
EXCHANGE: COMEX
CONTRACT: MAY 2022 COMEX 100 GOLD FUTURES
SETTLEMENT: 1,861.800000000 USD
INTENT DATE: 05/02/2022 DELIVERY DATE: 05/04/2022
FIRM ORG FIRM NAME ISSUED STOPPED
657 H MORGAN STANLEY 2
661 C JP MORGAN 6
690 C ABN AMRO 1
737 C ADVANTAGE 1
905 C ADM 6
TOTAL: 8 8
MONTH TO DATE: 1,450
NUMBER OF NOTICES FILED TODAY FOR MAY CONTRACT 8 NOTICE(S) FOR 800 OZ (0.02488 TONNES)
total notices so far: 1450 contracts for 145,000. oz (4.510 tonnes)
SILVER NOTICES:
1007 NOTICE(S) FILED 5.035,000 OZ/
total number of notices filed so far this month 2759 : for 13,795,000 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 $6.05
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 2.32 TONNES FROM THE GLD.
INVENTORY RESTS AT 1092.23 TONNES
Silver//SLV
WITH NO SILVER AROUND AND SILVER DOWN 47 CENTS
AT THE SLV// A SMALL CHANGE IN SILVER INVENTORY AT THE SLV://A DEPOSIT OF .878 MILLION OZ INTO THE SLV/
INVESTORS ARE SWITCHING SLV TO SPROTT’S PSLV
CLOSING INVENTORY: 576.049 MILLION OZ
Let us have a look at the data for today
SILVER//OUTLINE
SILVER COMEX OI ROSE BY A STRONG SIZED 1227 CONTRACTS TO 137,176 AND CLOSER TO THE NEW RECORD OF 244,710, SET FEB 25/2020 AND THE STRONG LOSS IN OI WAS ACCOMPLISHED DESPITE OUR $0.47 LOSS IN SILVER PRICING AT THE COMEX ON FRIDAY. OUR BANKERS WERE SUCCESSFUL IN KNOCKING THE PRICE OF SILVER DOWN (IT FELL BY $0.47) BUT WERE UNSUCCESSFUL IN KNOCKING OUT SOME SILVER LONGS AS WE HAD A HUGE GAIN OF 3313 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 STRONG INITIAL SILVER STANDING FOR COMEX SILVER MEASURING AT 30.170 MILLION OZ FOLLOWED BY TODAY’S 370,000 OZ EFP JUMP TO LONDON//NEW STANDING 28.505 MILLION OZ/ // 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 : —-xxx
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 2 days, total 3621, contracts: 18.105 million oz OR 9.0525 MILLION OZ PER DAY. (1810CONTRACTS PER DAY)
TOTAL EFP’S FOR THE MONTH SO FAR: 18.105 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: 18.105 MILLION OZ//
RESULT: WE HAD A STRONG SIZED INCREASE IN COMEX OI SILVER COMEX CONTRACTS OF 1227 DESPITE OUR $0.47 LOSS IN SILVER PRICING AT THE COMEX// MONDAY., TODAY. THE CME NOTIFIED US THAT WE HAD A STRONG SIZED EFP ISSUANCE CONTRACTS: 1885 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 370,000 MILLION OZ EFP TO LONDON//NEW STANDING 28.505 MILLION OZ// .. WE HAD A STRONG SIZED GAIN OF 3313 OI CONTRACTS ON THE TWO EXCHANGES FOR 16.565 MILLION OZ DESPITE THE LOSS IN PRICE.
WE HAD 1007 NOTICES FILED TODAY FOR 5,035,000 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 SMALL SIZED 1106 CONTRACTS TO 560,166 AND CLOSER TO 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: –521 CONTRACTS.
THE BIS HAS ABANDONED THE GOLD COMEX TRADING!!!
.
THE SMALL SIZED DECREASE IN COMEX OI CAME DESPITE OUR STRONG LOSS IN PRICE OF $46.20//COMEX GOLD TRADING/MONDAY /.AS IN SILVER WE MUST HAD HUGE BANKER/ALGO SHORT COVERING ACCOMPANYING OUR FAIR SIZED EXCHANGE FOR PHYSICAL ISSUANCE. WE HAD ZERO LONG LIQUIDATION
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 20,300 OZ//NEW STANDING 6.1866 TONNES
YET ALL OF..THIS HAPPENED DESPITE OUR LOSS IN PRICE OF $46,20 WITH RESPECT TO MONDAY’S TRADING
WE HAD A GOOD SIZED GAIN OF 3719 OI CONTRACTS (11.527 PAPER TONNES) ON OUR TWO EXCHANGES..
E.F.P. ISSUANCE
THE CME RELEASED THE DATA FOR EFP ISSUANCE AND IT TOTALED A HUGE SIZED 4825 CONTRACTS:
The NEW COMEX OI FOR THE GOLD COMPLEX RESTS AT 560,166.
IN ESSENCE WE HAVE A GOOD SIZED INCREASE IN TOTAL CONTRACTS ON THE TWO EXCHANGES OF 3719, WITH 1106 CONTRACTS DECREASED AT THE COMEX AND 4825 EFP OI CONTRACTS WHICH NAVIGATED OVER TO LONDON. THUS TOTAL OI GAIN ON THE TWO EXCHANGES OF 3719 CONTRACTS OR 11.567 TONNES.
CALCULATIONS ON GAIN/LOSS ON OUR TWO EXCHANGES
WE HAD A HUGE SIZED ISSUANCE IN EXCHANGE FOR PHYSICALS (4825) ACCOMPANYING THE SMALL SIZED LOSS IN COMEX OI (1106,): TOTAL GAIN IN THE TWO EXCHANGES 3719CONTRACTS. WE NO DOUBT HAD 1) HUGE BANKER SHORT COVERING ,2.) STRONG INITIAL STANDING AT THE GOLD COMEX FOR MAY. AT 5.353 TONNES FOLLOWED BY TODAY’S QUEUE JUMP OF 20,300 OZ//NEW STANDING 6.1866 /// 3) ZERO LONG LIQUIDATION //.,4) SMALL SIZED COMEX OI. LOSS 5) HUGE 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 :
6561 CONTRACTS OR 656,100 OR 20.407 TONNES 2 TRADING DAY(S) AND THUS AVERAGING: 3281 EFP CONTRACTS PER TRADING DAY
TO GIVE YOU AN IDEA AS TO THE SIZE OF THESE EFP TRANSFERS : THIS MONTH IN 2 TRADING DAY(S) IN TONNES: 20.407 TONNES
TOTAL ANNUAL GOLD PRODUCTION, 2021, THROUGHOUT THE WORLD EX CHINA EX RUSSIA: 3555 TONNES
THUS EFP TRANSFERS REPRESENTS 20.407/3550 x 100% TONNES 0.574% 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: 20.41 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 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.
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 1227 CONTRACT OI TO 137,176 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 5 YEARS AGO.
EFP ISSUANCE 1885 CONTRACTS
OUR CUSTOMARY MIGRATION OF COMEX LONGS CONTINUE TO MORPH INTO LONDON FORWARDS AS OUR BANKERS USED THEIR EMERGENCY PROCEDURE TO ISSUE:
MAY 1885 ALL OTHER MONTHS: ZERO. TOTAL EFP ISSUANCE: 0 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 1428 CONTRACTS AND ADD TO THE 1885 OI TRANSFERRED TO LONDON THROUGH EFP’S,
WE OBTAIN A HUGE SIZED GAIN OF 3112 OPEN INTEREST CONTRACTS FROM OUR TWO EXCHANGES.
THUS IN OUNCES, THE GAIN ON THE TWO EXCHANGES 9.679 MILLION OZ
OCCURRED DESPITE OUR LOSS IN PRICE OF $0.47 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
end
5. Other gold commentaries
.
end
6. Commodity commentaries/cryptocurrencies
3. ASIAN AFFAIRS
i)TUESDAY MORNING// MONDAY NIGHT
SHANGHAI CLOSED //Hang Sang CLOSED UP 12.50 OR 06% /The Nikkei closed //Australia’s all ordinaires CLOSED DOWN 0.47% /Chinese yuan (ONSHORE) closed DOWN 6.6084 /Oil UP TO 103/82 dollars per barrel for WTI and UP TO 106.47 for Brent. Stocks in Europe OPENED MOSTLY GREEN // ONSHORE YUAN CLOSED DOWN AGAINST THE DOLLAR AT 6.6064 OFFSHORE YUAN CLOSED DOWN ON THE DOLLAR AT 6.6821: /ONSHORE YUAN TRADING ABOVE LEVEL OF OFFSHORE YUAN/ONSHORE YUAN TRADING WEAKER AGAINST US DOLLAR/OFFSHORE WEAKER/
