JAPAN NOW OWNS MORE THAN 50% OF ITS BONDS AND THIS WILL BE CATASTROPHIC
by Harvey Organ, Harvey Organ Blog:
GOLD CLOSED DOWN $3.05 TO $1820.35//SILVER DOWN 26 CENTS TO $20.87/PLATINUM UP $4.15 TO $913.45//PALLADIUM UP ANOTHER $4.00 TO $1883.45//COVID UPDATES//UKRAINE VS RUSSIA UPDATES///JAPAN NOW OWNS MORE THAN 50% OF ITS BONDS AND THIS WILL BE CATASTROPHIC//ECB BEGINS THIS FRIDAY WITH ITS DEFENSE OF FRAGMENTATION: SPOILER ALERT, IT WILL NOT WORK//SRI LANKA SUSPENDS FUEL PURCHASES AS THEIR ECONOMY IS IN SHAMBLES: THEY SEEK RUSSIAN HELP//USA DATA RELEASES
TRUTH LIVES on at https://sgtreport.tv/
GOLD; $1820.35 DOWN $3.05
SILVER: $20.87 DOWN 26 CENTS
ACCESS MARKET: GOLD $1819.70
SILVER: $20.83
Bitcoin morning price: $20,979 UP 245
Bitcoin: afternoon price: $20,317 DOWN 417
Platinum price: closing UP $4.15 to $913.45
Palladium price; closing UP $4.00 at $1883.45
END
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EXCHANGE: COMEX EXCHANGE:EXCHANGE:
EXCHANGE: COMEX
CONTRACT: JUNE 2022 COMEX 100 GOLD FUTURES
SETTLEMENT: 1,820.900000000 USD
INTENT DATE: 06/27/2022 DELIVERY DATE: 06/29/2022
FIRM ORG FIRM NAME ISSUED STOPPED
435 H SCOTIA CAPITAL 5
657 C MORGAN STANLEY 4
686 C STONEX FINANCIA 1
737 C ADVANTAGE 25
991 H CME 25
TOTAL: 30 30
MONTH TO DATE: 23,955
no. of contracts issued by JPMorgan: 0/20
_____________________________________________________________________________________
NUMBER OF NOTICES FILED TODAY FOR JUNE CONTRACT 30 NOTICE(S) FOR 3000 Oz//0.09331 TONNES)
total notices so far: 23,955 contracts for 2,395,500 oz (74.510 tonnes)
SILVER NOTICES:
21 NOTICE(S) FILED 105,000 OZ/
total number of notices filed so far this month 1851 : for 9,255,000 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 DOWN $3.05
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//
BIG CHANGES IN GOLD INVENTORY AT THE GLD: A WITHDRAWAL OF 4.64 TONNES FROM THE GLD//
INVENTORY RESTS AT 1056.40 TONNES
Silver//SLV
WITH NO SILVER AROUND AND SILVER DOWN 26 CENTS
AT THE SLV// ://NO CHANGES IN SILVER INVENTORY AT THE SLV//
INVESTORS ARE SWITCHING SLV TO SPROTT’S PSLV
CLOSING INVENTORY: 542.000 MILLION OZ
Let us have a look at the data for today
SILVER//OUTLINE
SILVER COMEX OI FELL BY A HUGE SIZED 4419 CONTRACTS TO 137,671 AND FURTHER FROM THE NEW RECORD OF 244,710, SET FEB 25/2020 AND THE STRONG GAIN IN OI WAS ACCOMPLISHED WITH OUR $0.04 LOSS IN SILVER PRICING AT THE COMEX ON MONDAY. OUR BANKERS WERE SUCCESSFUL IN KNOCKING THE PRICE OF SILVER DOWN (IT FELL BY $0.04) BUT WERE UNSUCCESSFUL IN KNOCKING OFF SOME SILVER LONGS//BUT MAINLY WE HAD ADDITIONAL SPECULATOR ADDITIONS. ALL OF THE COMEX LOSSES DUE TO INITIATION OF SPREADER LIQUIDATION
WE MUST HAVE HAD:
I) HUGE SPECULATOR SHORT ADDITIONS /. 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 7.635 MILLION OZ FOLLOWED BY TODAY’S QUEUE JUMP OF 10 CONTRACTS OR 50,000 OZ//NEW STANDING: 9,375,000 / // V) STRONG SIZED COMEX OI LOSS/SPREADER LIQUIDATION
I AM NOW RECORDING THE DIFFERENTIAL IN OI FROM PRELIMINARY TO FINAL:
THE DIFFERENTIAL FROM PRELIMINARY OI TO FINAL OI SILVER TODAY: CONTRACTS : –973
HISTORICAL ACCUMULATION OF EXCHANGE FOR PHYSICALS JUNE. ACCUMULATION FOR EFP’S SILVER/JPMORGAN’S HOUSE OF BRIBES/STARTING FROM FIRST DAY/MONTH OF JUNE:
TOTAL CONTACTS for 19 days, total 15,774, contracts: 78.870 million oz OR 34.151MILLION OZ PER DAY. (830 CONTRACTS PER DAY)
TOTAL EFP’S FOR THE MONTH SO FAR: 78.870 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: 105.635 MILLION OZ//
JUNE: 78.870 MILLION OZ
RESULT: WE HAD A HUGE SIZED DECREASE IN COMEX OI SILVER COMEX CONTRACTS OF 4419 DESPITE OUR TINY $0.04 LOSS IN SILVER PRICING AT THE COMEX// MONDAY.,. THE CME NOTIFIED US THAT WE HAD A STRONG SIZED EFP ISSUANCE CONTRACTS: 1504 CONTRACTS ISSUED FOR JULY 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 JUNE. OF 7.635 MILLION OZ FOLLOWED BY TODAY’S 50,000 QUEUE JUMP //NEW STANDING: 9,375,000 OZ // .. WE HAD A VERY STRONG SIZED LOSS OF 2914 OI CONTRACTS ON THE TWO EXCHANGES FOR 14.575 MILLION OZ WITH THE LOSS IN PRICE. ALL OF THE COMEX LOSS WAS DUE TO SPREADER LIQUIDATION.
WE HAD 21 NOTICES FILED TODAY FOR 105,000 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 1073 CONTRACTS TO 498,078 AND CLOSER TO 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: +47 CONTRACTS.
.
THE SMALL INCREASE IN COMEX OI CAME WITH OUR FALL IN PRICE OF $4.90//COMEX GOLD TRADING/MONDAY / WE MUST HAVE HAD SOME SPECULATOR SHORT COVERING ACCOMPANYING OUR STRONG SIZED EXCHANGE FOR PHYSICAL ISSUANCE. WE HAD ZERO LONG LIQUIDATION //AND SOME SPECULATOR SHORT COVERING
WE ALSO HAD A HUGE INITIAL STANDING IN GOLD TONNAGE FOR JUNE AT 69.26 TONNES ON FIRST DAY NOTICE /FOLLOWED BY TODAY’S 3400 OZ E.F.P. JUMP TO LONDON //NEW STANDING: 74.609TONNES
YET ALL OF..THIS HAPPENED WITH OUR LOSS IN PRICE OF $4.90 WITH RESPECT TO MONDAY’S TRADING
WE HAD A GOOD SIZED GAIN OF 4958 OI CONTRACTS 15.421 PAPER TONNES) ON OUR TWO EXCHANGES..
E.F.P. ISSUANCE
THE CME RELEASED THE DATA FOR EFP ISSUANCE AND IT TOTALED A FAIR SIZED 3885 CONTRACTS:
The NEW COMEX OI FOR THE GOLD COMPLEX RESTS AT 498,031
IN ESSENCE WE HAVE A FAIR SIZED INCREASE IN TOTAL CONTRACTS ON THE TWO EXCHANGES OF 4958, WITH 1073 CONTRACTS INCREASED AT THE COMEX AND 3885 EFP OI CONTRACTS WHICH NAVIGATED OVER TO LONDON. THUS TOTAL OI GAIN ON THE TWO EXCHANGES OF 2812 CONTRACTS OR 8.746TONNES.
CALCULATIONS ON GAIN/LOSS ON OUR TWO EXCHANGES
WE HAD A FAIR SIZED ISSUANCE IN EXCHANGE FOR PHYSICALS (3885) ACCOMPANYING THE SMALL SIZED GAIN IN COMEX OI (1073,): TOTAL GAIN IN THE TWO EXCHANGES 2812 CONTRACTS. WE NO DOUBT HAD 1) SOME SPECULATOR SHORT COVERING AND SOME ADDITION TO SPECULATOR SHORTS ,2.) STRONG INITIAL STANDING AT THE GOLD COMEX FOR JUNE. AT 69.26 TONNES FOLLOWED BY TODAY’S E.F.P JUMP OF 2500 OZ//NEW STANDING: 74.715 TONNES / 3) ZERO LONG LIQUIDATION//SOME SPECULATOR SHORT COVERING//SOME SPECULATOR SHORT ADDITIONS //.,4) SMALL SIZED COMEX OI LOSS 5) FAIR ISSUANCE OF EXCHANGE FOR PHYSICAL/
HISTORICAL ACCUMULATION OF EXCHANGE FOR PHYSICALS IN 2022 INCLUDING TODAY
JUNE
ACCUMULATION OF EFP’S GOLD AT J.P. MORGAN’S HOUSE OF BRIBES: (EXCHANGE FOR PHYSICAL) FOR THE MONTH OF JUNE :
68,527 CONTRACTS OR 6,852,700 OZ OR 213.14 TONNES 19 TRADING DAY(S) AND THUS AVERAGING: 3606 EFP CONTRACTS PER TRADING DAY
TO GIVE YOU AN IDEA AS TO THE SIZE OF THESE EFP TRANSFERS : THIS MONTH IN 19 TRADING DAY(S) IN TONNES: 213.14 TONNES
TOTAL ANNUAL GOLD PRODUCTION, 2021, THROUGHOUT THE WORLD EX CHINA EX RUSSIA: 3555 TONNES
THUS EFP TRANSFERS REPRESENTS 213.14/3550 x 100% TONNES 6.00% 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: 213.14 TONNES
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 JUNE. 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 (JULY), 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 HUGE SIZED 4419 CONTRACT OI TO 137,671 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 5 YEARS AGO.
EFP ISSUANCE 1504 CONTRACTS
OUR CUSTOMARY MIGRATION OF COMEX LONGS CONTINUE TO MORPH INTO LONDON FORWARDS AS OUR BANKERS USED THEIR EMERGENCY PROCEDURE TO ISSUE:
JULY 1504 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 LOSS OF 4419 CONTRACTS AND ADD TO THE 1504 OI TRANSFERRED TO LONDON THROUGH EFP’S,
WE OBTAIN A STRONG SIZED LOSS OF 2915 OPEN INTEREST CONTRACTS FROM OUR TWO EXCHANGES.
THUS IN OUNCES, THE LOSS ON THE TWO EXCHANGES 14.575 MILLION OZ
OCCURRED WITH OUR FALL IN PRICE OF $0.04 .
OUTLINE FOR TODAY’S COMMENTARY
(report Harvey)
2 ) Gold/silver trading overnight Europe,
(Peter Schiff,
end
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
6. Commodity commentaries//
3. ASIAN AFFAIRS
i)TUESDAY MORNING// MONDAY NIGHT
SHANGHAI CLOSED UP 30.03 PTS OR 0.89% //Hang Sang CLOSED UP 189.45 PTS OR 0.85% /The Nikkei closed UP 178.20 OR 0.66% //Australia’s all ordinaires CLOSED UP 0.87% /Chinese yuan (ONSHORE) closed DOWN 6.6947 /Oil UP TO 101.20 dollars per barrel for WTI and UP TO 117.02 for Brent. Stocks in Europe OPENED ALL GREEN // ONSHORE YUAN CLOSED DOWN AGAINST THE DOLLAR AT 6.6947 OFFSHORE YUAN CLOSED DOWN ON THE DOLLAR AT 6.6962: /ONSHORE YUAN TRADING ABOVE LEVEL OF OFFSHORE YUAN/ONSHORE YUAN TRADING WEAKER AGAINST US DOLLAR/OFFSHORE WEAKER
