investmentwatchblog--2020-10-03--Over 95 Tons Comex Gold Standing For Delivery! This Is HUGE!

OCT 1//GOLD UP $ 19.70 TO $ 1910.10//SILVER UP $ .66 TO $ 24.05//GOLD STANDING AT THE COMEX ; 95.3 TONNES/SILVER STANDING : 8.46 MILLION OZ///CORONAVIRUS UPDATES//IN USA VERY SKEPTICAL THAT A STIMULUS DEAL WILL BE REACHED//830,000 INITIAL UNEMPLOYMENT BENEFIT CLAIMS FILED LAST WEEK//PERSONAL INCOME AND PERSONAL SAVINGS PLUMMET AS AMERICANS BURN THEIR SAVINGS TO FUND THEMSELVES//SWAMP STORIES FOR YOU TONIGHT/// GOLD $ 1910.10 UP $ 19.70 The quote is London spot price Click here if you wish to send a donation .
I sincerely appreciate it as this site takes a lot of preparation .
JPMorgan has been receiving @ @ @ @ @ @ @ ( stopping ) EXCHANGE : COMEX CONTRACT : OCTOBER 2020 COMEX 100 GOLD FUTURES SETTLEMENT : 1,887.500000000 USD INTENT DATE : 09/30/2020 DELIVERY DATE : 10/02/2020 FIRM ORG FIRM NAME ISSUED STOPPED ____________________________________________________________________________________________ 072 C GOLDMAN 315 099 H DB AG 170 104 C MIZUHO 43 118 H MACQUARIE FUT 269 132 C SG AMERICAS 3 34 135 H RAND 2 323 C HSBC 5 332 H STANDARD CHARTE 75 355 C CREDIT SUISSE 72 435 H SCOTIA CAPITAL 5 624 C BOFA SECURITIES 7 657 C MORGAN STANLEY 7 289 657 H @ @ @ @ @ @ @ 5900 1535 661 H JP MORGAN 280 690 C ABN AMRO 277 709 C BARCLAYS 1093 709 H BARCLAYS 1008 732 C RBC CAP MARKETS 10 737 C ADVANTAGE 4 800 C MAREX SPEC 8 80 880 C CITIGROUP 49 905 C ADM 31 38 ____________________________________________________________________________________________ NUMBER OF NOTICES FILED TODAY FOR OCT. CONTRACT : 5949 NOTICE ( S ) FOR 594900 OZ ( 18.503 tonnes ) TOTAL NUMBER OF NOTICES FILED SO FAR : 12,391 NOTICES FOR 1,239,100 OZ ( 38.54 tonnes ) total number of notices filed so far this month @ @ @ @ @ @ @ GOLD UP $ 19.70 AND NO PHYSICAL TO BE FOUND ANYWHERE : WITH ALL REFINERS CLOSED//MEXICO ORDERING ALL MINES SHUT : WHERE ARE THEY GETTING THE “ PHYSICAL ?
NO CHANGE IN GOLD INVENTORY AT THE GLD// WITH SILVER UP 66 CENTS TODAY : AND WITH NO SILVER AROUND : A HUGE WITHDRAWAL OF 1.489 MILLION OZ FROM THE SLV// Let us have a look at the data for today IN SILVER THE COMEX OI FELL BY A STRONG 2480 CONTRACTS FROM 157,308 DOWN TO 154,828 , AND FURTHER FROM OUR NEW RECORD @ @ @ @ @ @ @ THE LOSS IN OI OCCURRED WITH OUR $ 0.96 LOSS IN SILVER PRICING AT THE COMEX .
IT SEEMS THAT THE LOSS IN COMEX OI IS DUE TO CONSIDERABLE BANKER AND ALGO SHORT COVERING..
COUPLED AGAINST A WEAK EXCHANGE FOR PHYSICAL .
WE ALSO HAD SOME LONG LIQUIDATION , AND A SMALL LOSS FOR SILVER STANDING AT THE COMEX FOR OCT. WE HAD A STRONG NET LOSS IN OUR TWO EXCHANGES OF 2059 CONTRACTS ( SEE CALCULATIONS BELOW ) .
WE WERE NOTIFIED THAT WE HAD A TINY NUMBER OF COMEX LONGS TRANSFERRING @ @ @ @ @ @ @ ROUTE : 961 , AS WE HAD THE FOLLOWING ISSUANCE : OCT 0 ; DEC : 961 , MARCH 0 FOR ZERO ALL OTHER MONTHS AND THEREFORE TOTAL ISSUANCE 961 CONTRACTS .
THE BANKERS ARE NOW BEING BITTEN BY THOSE SERIAL FORWARDS ( EFP ’ S CIRCULATING IN LONDON ) AS THEY ARE NOW BEING EXERCISED AND COMING BACK TO NEW YORK FOR REDEMPTION OF METAL .
THE COST TO SERVICE THESE SERIAL FORWARDS IS HIGH TO OUR BANKERS BUT THEY HAVE NO CHOICE BUT TO ISSUE A FEW OF THEM !
HISTORY @ @ @ @ @ @ @ FOR THE PAST 26 MONTHS .
18.845 MILLION OZ STANDING FOR SILVER IN MAY .
WEDNESDAY , AGAIN OUR CROOKS USED COPIOUS PAPER IN ORDER TO LIQUIDATE SILVER ’ S PRICE…AND THEY WERE SUCCESSFUL IN KNOCKING THE PRICE OF SILVER DOWN ( IT FELL $ 0.96 ) ) .. AND , OUR OFFICIAL SECTOR/BANKERS WERE SUCCESSFUL IN THEIR ATTEMPT TO FLEECE SOME SILVER LONGS AS WE HAD A CONSIDERABLE LOSS IN OUR TWO EXCHANGES ( 1999 CONTRACTS ) .
NO DOUBT THE LOSS IN OI WAS DUE TO i ) BANKER/ALGO SHORT COVERING @ @ @ @ @ @ @ SMALL ISSUANCE OF EXCHANGE FOR PHYSICALS 2 ) A SMALL LOSS IN SILVER OZ STANDING FOR OCTOBER , iii ) STRONG COMEX LOSS AND iv ) SOME LONG LIQUIDATION YOU CAN BET THE FARM THAT OUR BANKERS ARE DESPERATE TO LIQUIDATE THEIR HUGE SHORT POSITIONS IN SILVER.. We have now switched to silver for our spreaders !
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FOR DETAILS ON THE SPREADING EXERCISE HERE IS A BRIEF OUTLINE : SPREADING OPERATIONS/NOW SWITCHING TO SILVER ( WE SWITCH OVER TO GOLD ON NOV 1 ) FOR NEWCOMERS , HERE ARE THE DETAILS : @ @ @ @ @ @ @ AS WE HEAD TOWARDS THE NEW ACTIVE FRONT MONTH OF NOV. FOR THOSE OF YOU WHO ARE NEW , HERE IS THE MODUS OPERANDI OF THE SPREADERS AND THE CRIMINAL ELEMENT BEHIND IT : HERE IS A BRIEF SYNOPSIS OF HOW THE CROOKS FLEECE UNSUSPECTING LONGS IN THE SPREADING ENDEAVOUR ; THE SPREADING LIQUIDATION OPERATION IS NOW OVER FOR GOLD..AND WE WILL NOW MORPH INTO AN ACCUMULATION PHASE OF SPREADING CONTRACTS FOR SILVER .
THEY WILL ACCUMULATE CONSIDERABLE AMOUNT OF THE CONTRACTS AND THEN LIQUIDATE ONE WEEK PRIOR TO FIRST DAY NOTICE MODUS @ @ @ @ @ @ @ HOW THEY HANDLE THEIR SPREAD OPEN INTERESTS : AS I HAVE MENTIONED IN PREVIOUS COMMENTARIES : “ AS YOU WILL SEE , THE CROOKS WILL NOW SWITCH TO SILVER AS THEY INCREASE THE OPEN INTEREST FOR THE SPREADERS .
THE TOTAL COMEX GOLD OPEN INTEREST WILL RISE FROM NOW ON UNTIL ONE WEEK PRIOR TO FIRST DAY NOTICE AND THAT IS WHEN THEY START THEIR CRIMINAL LIQUIDATION .
HERE IS HOW THE CROOKS USED SPREADING AS WE ARE NOW INTO THE NON ACTIVE DELIVERY MONTH OF OCT .
HEADING TOWARDS THE NON ACTIVE @ @ @ @ @ @ @ YOU WILL ALSO NOTICE THAT THE COMEX OPEN INTEREST STARTS TO RISE IN THIS NON ACTIVE MONTH OF OCT .
BUT SO IS THE OPEN INTEREST OF SPREADERS .
THE OPEN INTEREST IN SILVER WILL CONTINUE TO RISE UNTIL ONE WEEK BEFORE FIRST DAY NOTICE OF AN UPCOMING ACTIVE DELIVERY MONTH ( OCT ) , 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 @ @ @ @ @ @ @ 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.
” ACCUMULATION FOR EFP ’ S/SILVER/J.P.MORGAN ’ S HOUSE OF BRIBES , / STARTING FROM FIRST DAY /FOR MONTH OF OCT : 421 CONTRACTS ( FOR 1 TRADING DAY ( S ) TOTAL 421 CONTRACTS ) OR 2.105 MILLION OZ : ( AVERAGE PER DAY : 421 CONTRACTS OR 2.105 MILLION OZ/DAY ) TO @ @ @ @ @ @ @ HUGE SUPPLY THIS MONTH IN SILVER : SO FAR THIS MONTH OF OCT : 2.105 MILLION PAPER OZ HAVE MORPHED OVER TO LONDON .
THIS REPRESENTS AROUND 0.30 % OF ANNUAL GLOBAL PRODUCTION ( EX CHINA EX RUSSIA ) * JUNE ’ S 345.43 MILLION OZ IS THE SECOND HIGHEST RECORDED ISSUANCE OF EFP ’ S AND IT FOLLOWED THE RECORD SET IN APRIL 2018 OF 385.75 MILLION OZ .
MARCH EFP ’ S ….. 452.280 MILLION OZ //TOTALS//AND A NEW RECORD FOR THE MONTH ) APRIL EFP 95.355 MILLION OZ .
( @ @ @ @ @ @ @ LESS ) JULY EFP 133.95 MILLION OZ/ ( EXCHANGE FOR PHYSICALS STARTING TO RISE EXPONENTIALLY AGAIN ) AUGUST EFP 127.46 MILLION OZ ( EXCHANGE FOR PHYSICALS STARTING TO DECREASE AGAIN ) RESULT : WE HAD A STRONG SIZED DECREASE IN COMEX OI SILVER COMEX CONTRACTS OF 2480 , WITH OUR STRONG $ 0.96 FALL IN SILVER PRICING AT THE COMEX ///WEDNESDAY.…THE CME NOTIFIED US THAT WE HAD A WEAK SIZED EFP ISSUANCE OF 421 CONTRACTS WHICH EXITED OUT OF THE SILVER COMEX TO LONDON AS FORWARDS .
TODAY WE LOST A STRONG SIZED @ @ @ @ @ @ @ ( WITH OUR $ 0.96 FALL IN PRICE ) // i.e 421 OPEN INTEREST CONTRACTS HEADED FOR LONDON ( EFP ’ s ) TOGETHER WITH A STRONG SIZED DECREASE OF 2,480 OI COMEX CONTRACTS .
AND ALL OF THIS DEMAND HAPPENED WITH OUR $ 0.96 FALL IN PRICE OF SILVER/AND A CLOSING PRICE OF $ 23.39 // WEDNESDAY ’ S TRADING .
YET WE STILL HAVE A STRONG AMOUNT OF SILVER STANDING AT THE COMEX FOR DELIVERY .
In ounces AT THE COMEX , the OI is still represented by JUST UNDER 1 @ @ @ @ @ @ @ TO BE EXACT or 110 % of annual global silver production ( ex Russia & ex China ) .
FOR THE NEW AUGUST DELIVERY MONTH/ THEY FILED AT THE COMEX : 19 NOTICE ( S ) FOR 95,000 OZ OF SILVER .
IN SILVER , PRIOR TO TODAY , WE SET THE NEW COMEX RECORD OF OPEN INTEREST AT 244,196 CONTRACTS ON AUG 22.2018 .
AND AGAIN THIS HAS BEEN SET WITH A LOW PRICE OF $ 14.70//TODAY ’ S RECORD OF 244,705 WAS SET WITH A PRICE OF : 18.91 ( FEB @ @ @ @ @ @ @ HAVE THE FOLLOWING : • HUGE AMOUNTS OF SILVER STANDING FOR DELIVERY ( MARCH/2018 : 27 MILLION OZ , APRIL/2018 : 2.485 MILLION OZ MAY : 36.285 MILLION OZ ; JUNE/2018 ( 5.420 MILLION OZ ) , JULY 2018 FINAL AMOUNT STANDING : 30.370 MILLION OZ ) FOR AUGUST 6.065 MILLION OZ .
, SEPT : A HUGE 39.505 MILLION OZ./ OCTOBER : 2,520,000 oz NOV AT 7.440 MILLION OZ./ DEC. AT 21.925 MILLION OZ JANUARY AT 5.825 MILLION OZ.AND FEB 2019 : 2.955 MILLION OZ/ MARCH : 27.120 MILLION OZ/ APRIL AT @ @ @ @ @ @ @ MILLION OZ ..JUNE 2.660 MILLION OZ//JULY 22.605 MILLION OZ ; AUGUST 10.025 MILLION OZ/ SEPT 43.030 MILLION OZ//OCT : 7.665 MILLION OZ// NOV : 2.630 MILLION OZ//DEC : 20.970 MILLION OZ ; JAN : 5.075 MILLION OZ.//FEB 1.480 MILLION OZ//MAR : 23.005 MILLION OZ/APRIL 4.660 MILLION OZ//MAY 45.220 MILLION OZ//JUNE : 2.205 MILLION OZ// JULY 86.470 million oz//AUGUST 6.475 MILLION OZ//SEPT .
55.400 MILLION OZ// OCTOBER : 8.465 MILLION OZ// • THE RECORD PRIOR TO TODAY WAS SET IN FEB 25/2018 : 244,710 CONTRACTS , WITH A SILVER PRICE OF $ 18.90// .
@ @ @ @ @ @ @ EQUAL TO 2.9 BILLION OZ OR 400 % OF SILVER ANNUAL PRODUCTION/2017 RECORD SETTING EFP ISSUANCE FOR ANY MONTH IN SILVER ; APRIL/2018/ 385.75 MILLION OZ/ AND THE SECOND HIGHEST RECORDED EFP ISSUANCE JUNE 2018 345.43 MILLION OZ AND YET , WITH THE EXTREMELY HIGH EFP ISSUANCE , WE HAVE A CONTINUAL LOW PRICE OF SILVER DESPITE THE ABOVE HUGE DEMAND .
TO ME THE ONLY ANSWER IS THAT WE HAVE SOVEREIGN ( CHINA ) WHO IS ENDEAVOURING TO GOBBLE UP ALL AVAILABLE PHYSICAL SILVER NO MATTER WHERE , EXACTLY WHAT J.P.MORGAN IS @ @ @ @ @ @ @ THAT J.P.MORGAN IS HOLDING ITS SILVER FOR ITS BENEFICIAL OWNER..THE USA GOVERNMENT WHO IN TURN IS HOLDING THAT SILVER FOR CHINA .
( FOR A SILVER LOAN REPAYMENT ) IN GOLD , THE COMEX OPEN INTEREST FELL BY A CONSIDERABLE 6,429 CONTRACTS TO 556,656 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 CONSIDERABLE SIZED LOSS IN COMEX OI OCCURRED WITH OUR VERY LOSS IN PRICE OF $ 6.80 /// COMEX GOLD TRADING// WEDNESDAY .
@ @ @ @ @ @ @ WITH TODAY ’ S READING.//WE PROBABLY HAD SOME BANKER/ALGO SHORT COVERING ACCOMPANYING OUR SMALL EXCHANGE FOR PHYSICAL ISSUANCE .
WE PROBABLY HAD MINOR LONG LIQUIDATION….THIS ALL HAPPENED WITH OUR FALL IN PRICE OF $ 6.80 .
WE HAD A VOLUME OF 0 4 -GC CONTRACTS//OPEN INTEREST 81// WE HAD A CONSIDERABLE LOSS OF 5468 CONTRACTS ( 17.00 TONNES ) ON OUR TWO EXCHANGES..
THE CME RELEASED THE DATA FOR EFP ISSUANCE AND IT TOTALED A SMALL SIZED 961 CONTRACTS : CONTRACT .
; OCT : 0 DEC : 961 ; FEB : 0 @ @ @ @ @ @ @ The NEW COMEX OI for the gold complex rests at 555,967 .
ALSO REMEMBER THAT THERE WILL BE A DELAY IN THE ISSUANCE OF EFP ’ S .
THE BANKERS REMOVE LONG POSITIONS OF COMEX GOLD IMMEDIATELY .
THEN THEY ORCHESTRATE THEIR PRIVATE EXCHANGE DEAL WITH THE LONGS AND THAT COULD TAKE AN ADDITIONAL , 48 HRS SO WE GENERALLY DO NOT GET A MATCH WITH RESPECT TO DEPARTING COMEX LONGS AND NEW EFP LONG TRANSFERS .
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EVEN THOUGH THE BANKERS ISSUED THESE MONSTROUS EFPS , THE OBLIGATION STILL RESTS WITH THE @ @ @ @ @ @ @ THE RISK TO A LONDON BANKER OBLIGATION AND NOT A NEW YORK COMEX OBLIGATION .
LONGS RECEIVE A FIAT BONUS TOGETHER WITH A LONG LONDON FORWARD .
THUS , BY THESE ACTIONS , THE BANKERS AT THE COMEX HAVE JUST STATED THAT THEY HAVE NO APPRECIABLE METAL !
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THIS IS A MASSIVE FRAUD : THEY CAN NOT SUPPLY ANY METAL TO OUR COMEX LONGS BUT THEY ARE QUITE WILLING TO SUPPLY MASSIVE NON BACKED GOLD ( AND SILVER ) PAPER KNOWING THAT THEY HAVE NO METAL TO SATISFY OUR LONGS .
LONDON @ @ @ @ @ @ @ AND SILVER AND WE ARE WITNESSING DELAYS IN ACTUAL DELIVERIES .
IN ESSENCE WE HAVE A CONSIDERABLE SIZED DECREASE IN TOTAL CONTRACTS ON THE TWO EXCHANGES OF 5468 CONTRACTS : 6429 CONTRACTS DECREASED AT THE COMEX AND 961 EFP OI CONTRACTS WHICH NAVIGATED OVER TO LONDON .
THUS TOTAL OI LOSS OF 5468 CONTRACTS OR 17.00 TONNES .
CALCULATIONS ON GAIN/LOSS ON OUR TWO EXCHANGES : WE HAD A SMALL SIZED ISSUANCE IN EXCHANGE FOR PHYSICALS ( 961 ) ACCOMPANYING THE CONSIDERABLE SIZED LOSS IN COMEX OI ( 6429 OI ) : TOTAL @ @ @ @ @ @ @ CONTRACTS .
WE NO DOUBT HAD 1 ) SOME BANKER SHORT COVERING AND CONSIDERABLE ALGO SHORT COVERING ,2 . )
A HUGE STANDING AND A GOOD INCREASE AT THE GOLD COMEX FOR THE FRONT OCT. MONTH TO 95.138 TONNES ) 3 ) SOME LONG LIQUIDATION ; 4 ) CONSIDERABLE COMEX OI LOSS AND 5 ) SMALL ISSUANCE OF EXCHANGE FOR PHYSICAL AND 6 ) CONCLUSION OF OUR SPREADER LIQUIDATION…/ AND …ALL OF THIS WAS COUPLED WITH OUR STRONG LOSS IN GOLD PRICE TRADING//WEDNESDAY// $ 6.80 .
WE ARE BEGINNING TO WITNESS A LACK @ @ @ @ @ @ @ TO PREMIUMS STARTING TO REAPPEAR IN THE FUTURE PRICE OF GOLD VS LONDON SPOT .
THE COST TO THE BANKERS IS JUST TOO GREAT TO ENGAGE IN THESE VEHICLES ONCE THIS OCCURS .
HISTORICAL ACCUMULATION OF EXCHANGE FOR PHYSICALS IN 2020 INCLUDING TODAY OCT.ACCUMULATION OF EFP ’ S GOLD AT J.P. MORGAN ’ S HOUSE OF BRIBES : ( EXCHANGE FOR PHYSICAL ) FOR THE MONTH OF OCT : 961 , CONTRACTS OR 96100 oz OR 2,989TONNES ( 1 TRADING DAY ( S ) AND THUS AVERAGING : 961 EFP CONTRACTS PER TRADING @ @ @ @ @ @ @ TO THE SIZE OF THESE EFP TRANSFERS : THIS MONTH IN 1 TRADING DAY ( S ) IN TONNES : 2.989 TONNES TOTAL ANNUAL GOLD PRODUCTION , 2019 , THROUGHOUT THE WORLD EX CHINA EX RUSSIA : 3555 TONNES MARCH TOTAL EFP ISSUANCE 1,098.93 TONNES ( *AND A NEW ALL TIME RECORD ISSUANCE//22 DAYS ) MAY TOTAL EFP ISSUANCE : 248.68 TONNES ( EFP ISSUANCE STILL LOW// PREMIUM COST TO THE BANKERS IS HUGE..SO ISSUANCE IS LESS ) JULY TOTAL EFP ISSUANCE ; 313.09 TONNES .. ( EXCHANGE FOR PHYSICALS REVERSE COURSE AND @ @ @ @ @ @ @ EFP ISSUANCE : 178.49 TONNES ( EFP ’ s AGAIN RISING DUE TO BACKWARDATION/LOWER FUTURE PREMIUMS//THUS LESS COST TO CARRY ) 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 @ @ @ @ @ @ @ AS WE NOW WITNESS A MONSTROUS TOTAL EFP ’ S ISSUANCE AS IT HEADS INTO THE STRATOSPHERE .
GOLD $ 1910.10 UP $ 19.70 The quote is London spot price Click here if you wish to send a donation .
I sincerely appreciate it as this site takes a lot of preparation .
JPMorgan has been receiving gold with reckless abandon and sometimes supplying ( stopping ) EXCHANGE : COMEX CONTRACT : OCTOBER 2020 COMEX 100 GOLD FUTURES SETTLEMENT : 1,887.500000000 USD INTENT DATE : 09/30/2020 DELIVERY DATE : 10/02/2020 FIRM ORG FIRM @ @ @ @ @ @ @ 315 099 H DB AG 170 104 C MIZUHO 43 118 H MACQUARIE FUT 269 132 C SG AMERICAS 3 34 135 H RAND 2 323 C HSBC 5 332 H STANDARD CHARTE 75 355 C CREDIT SUISSE 72 435 H SCOTIA CAPITAL 5 624 C BOFA SECURITIES 7 657 C MORGAN STANLEY 7 289 657 H MORGAN STANLEY 289 661 C JP MORGAN 5900 1535 661 H JP MORGAN 280 690 C ABN AMRO 277 709 C BARCLAYS 1093 709 H BARCLAYS 1008 732 C RBC CAP MARKETS 10 737 C ADVANTAGE @ @ @ @ @ @ @ 880 C CITIGROUP 49 905 C ADM 31 38 ____________________________________________________________________________________________ NUMBER OF NOTICES FILED TODAY FOR OCT. CONTRACT : 5949 NOTICE ( S ) FOR 594900 OZ ( 18.503 tonnes ) TOTAL NUMBER OF NOTICES FILED SO FAR : 12,391 NOTICES FOR 1,239,100 OZ ( 38.54 tonnes ) total number of notices filed so far this month : 1045 for 5.226 MILLION oz WITH GOLD UP $ 19.70 AND NO PHYSICAL TO BE FOUND ANYWHERE : WITH ALL REFINERS CLOSED//MEXICO ORDERING ALL MINES SHUT : WHERE ARE THEY GETTING THE “ PHYSICAL ?
@ @ @ @ @ @ @ GLD// WITH SILVER UP 66 CENTS TODAY : AND WITH NO SILVER AROUND : A HUGE WITHDRAWAL OF 1.489 MILLION OZ FROM THE SLV// Let us have a look at the data for today IN SILVER THE COMEX OI FELL BY A STRONG 2480 CONTRACTS FROM 157,308 DOWN TO 154,828 , AND FURTHER FROM OUR NEW RECORD OF 244,710 , ( FEB 25/2020 .
THE LOSS IN OI OCCURRED WITH OUR $ 0.96 LOSS IN SILVER PRICING AT THE COMEX .
IT SEEMS THAT THE LOSS IN COMEX OI IS DUE TO CONSIDERABLE @ @ @ @ @ @ @ A WEAK EXCHANGE FOR PHYSICAL .
WE ALSO HAD SOME LONG LIQUIDATION , AND A SMALL LOSS FOR SILVER STANDING AT THE COMEX FOR OCT. WE HAD A STRONG NET LOSS IN OUR TWO EXCHANGES OF 2059 CONTRACTS ( SEE CALCULATIONS BELOW ) .
WE WERE NOTIFIED THAT WE HAD A TINY NUMBER OF COMEX LONGS TRANSFERRING THEIR CONTRACTS TO LONDON THROUGH THE EFP ROUTE : 961 , AS WE HAD THE FOLLOWING ISSUANCE : OCT 0 ; DEC : 961 , MARCH 0 FOR ZERO ALL OTHER MONTHS AND THEREFORE TOTAL ISSUANCE @ @ @ @ @ @ @ BEING BITTEN BY THOSE SERIAL FORWARDS ( EFP ’ S CIRCULATING IN LONDON ) AS THEY ARE NOW BEING EXERCISED AND COMING BACK TO NEW YORK FOR REDEMPTION OF METAL .
THE COST TO SERVICE THESE SERIAL FORWARDS IS HIGH TO OUR BANKERS BUT THEY HAVE NO CHOICE BUT TO ISSUE A FEW OF THEM !
HISTORY OF SILVER OZ STANDING AT THE COMEX FOR THE PAST 26 MONTHS .
18.845 MILLION OZ STANDING FOR SILVER IN MAY .
WEDNESDAY , AGAIN OUR CROOKS USED COPIOUS PAPER IN ORDER TO LIQUIDATE SILVER ’ @ @ @ @ @ @ @ THE PRICE OF SILVER DOWN ( IT FELL $ 0.96 ) ) .. AND , OUR OFFICIAL SECTOR/BANKERS WERE SUCCESSFUL IN THEIR ATTEMPT TO FLEECE SOME SILVER LONGS AS WE HAD A CONSIDERABLE LOSS IN OUR TWO EXCHANGES ( 1999 CONTRACTS ) .
NO DOUBT THE LOSS IN OI WAS DUE TO i ) BANKER/ALGO SHORT COVERING .
WE ALSO HAD ii ) A SMALL ISSUANCE OF EXCHANGE FOR PHYSICALS 2 ) A SMALL LOSS IN SILVER OZ STANDING FOR OCTOBER , iii ) STRONG COMEX LOSS AND iv ) SOME LONG LIQUIDATION @ @ @ @ @ @ @ BANKERS ARE DESPERATE TO LIQUIDATE THEIR HUGE SHORT POSITIONS IN SILVER.. We have now switched to silver for our spreaders !
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FOR DETAILS ON THE SPREADING EXERCISE HERE IS A BRIEF OUTLINE : SPREADING OPERATIONS/NOW SWITCHING TO SILVER ( WE SWITCH OVER TO GOLD ON NOV 1 ) FOR NEWCOMERS , HERE ARE THE DETAILS : SPREADING LIQUIDATION HAS NOW COMMENCED IN SILVER AS WE HEAD TOWARDS THE NEW ACTIVE FRONT MONTH OF NOV. FOR THOSE OF YOU WHO ARE NEW , HERE IS THE MODUS OPERANDI OF THE SPREADERS AND THE @ @ @ @ @ @ @ A BRIEF SYNOPSIS OF HOW THE CROOKS FLEECE UNSUSPECTING LONGS IN THE SPREADING ENDEAVOUR ; THE SPREADING LIQUIDATION OPERATION IS NOW OVER FOR GOLD..AND WE WILL NOW MORPH INTO AN ACCUMULATION PHASE OF SPREADING CONTRACTS FOR SILVER .
THEY WILL ACCUMULATE CONSIDERABLE AMOUNT OF THE CONTRACTS AND THEN LIQUIDATE ONE WEEK PRIOR TO FIRST DAY NOTICE MODUS OPERANDI OF THE CORRUPT BANKERS AS TO HOW THEY HANDLE THEIR SPREAD OPEN INTERESTS : AS I HAVE MENTIONED IN PREVIOUS COMMENTARIES : “ AS YOU WILL SEE , THE CROOKS WILL NOW SWITCH TO SILVER @ @ @ @ @ @ @ THE SPREADERS .
THE TOTAL COMEX GOLD OPEN INTEREST WILL RISE FROM NOW ON UNTIL ONE WEEK PRIOR TO FIRST DAY NOTICE AND THAT IS WHEN THEY START THEIR CRIMINAL LIQUIDATION .
HERE IS HOW THE CROOKS USED SPREADING AS WE ARE NOW INTO THE NON ACTIVE DELIVERY MONTH OF OCT .
HEADING TOWARDS THE NON ACTIVE DELIVERY MONTH OF NOV FOR GOLD : YOU WILL ALSO NOTICE THAT THE COMEX OPEN INTEREST STARTS TO RISE IN THIS NON ACTIVE MONTH OF OCT .
BUT SO IS THE OPEN INTEREST OF SPREADERS .
@ @ @ @ @ @ @ TO RISE UNTIL ONE WEEK BEFORE FIRST DAY NOTICE OF AN UPCOMING ACTIVE DELIVERY MONTH ( OCT ) , 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 @ @ @ @ @ @ @ FIRST DAY NOTICE.
” ACCUMULATION FOR EFP ’ S/SILVER/J.P.MORGAN ’ S HOUSE OF BRIBES , / STARTING FROM FIRST DAY /FOR MONTH OF OCT : 421 CONTRACTS ( FOR 1 TRADING DAY ( S ) TOTAL 421 CONTRACTS ) OR 2.105 MILLION OZ : ( AVERAGE PER DAY : 421 CONTRACTS OR 2.105 MILLION OZ/DAY ) TO GIVE YOU AN IDEA AS TO THE HUGE SUPPLY THIS MONTH IN SILVER : SO FAR THIS MONTH OF OCT : 2.105 MILLION PAPER OZ HAVE MORPHED OVER TO LONDON .
THIS REPRESENTS AROUND 0.30 % @ @ @ @ @ @ @ EX RUSSIA ) * JUNE ’ S 345.43 MILLION OZ IS THE SECOND HIGHEST RECORDED ISSUANCE OF EFP ’ S AND IT FOLLOWED THE RECORD SET IN APRIL 2018 OF 385.75 MILLION OZ .
MARCH EFP ’ S ….. 452.280 MILLION OZ //TOTALS//AND A NEW RECORD FOR THE MONTH ) APRIL EFP 95.355 MILLION OZ .
( EX .
FOR PHYSICALS BECOMING A LOT LESS ) JULY EFP 133.95 MILLION OZ/ ( EXCHANGE FOR PHYSICALS STARTING TO RISE EXPONENTIALLY AGAIN ) AUGUST EFP 127.46 MILLION OZ ( EXCHANGE FOR PHYSICALS STARTING TO DECREASE @ @ @ @ @ @ @ STRONG SIZED DECREASE IN COMEX OI SILVER COMEX CONTRACTS OF 2480 , WITH OUR STRONG $ 0.96 FALL IN SILVER PRICING AT THE COMEX ///WEDNESDAY.…THE CME NOTIFIED US THAT WE HAD A WEAK SIZED EFP ISSUANCE OF 421 CONTRACTS WHICH EXITED OUT OF THE SILVER COMEX TO LONDON AS FORWARDS .
TODAY WE LOST A STRONG SIZED 2059 OI CONTRACTS ON THE TWO EXCHANGES ( WITH OUR $ 0.96 FALL IN PRICE ) // i.e 421 OPEN INTEREST CONTRACTS HEADED FOR LONDON ( EFP ’ s ) TOGETHER WITH A STRONG SIZED DECREASE @ @ @ @ @ @ @ ALL OF THIS DEMAND HAPPENED WITH OUR $ 0.96 FALL IN PRICE OF SILVER/AND A CLOSING PRICE OF $ 23.39 // WEDNESDAY ’ S TRADING .
YET WE STILL HAVE A STRONG AMOUNT OF SILVER STANDING AT THE COMEX FOR DELIVERY .
In ounces AT THE COMEX , the OI is still represented by JUST UNDER 1 BILLION oz i.e .
0.774 BILLION OZ TO BE EXACT or 110 % of annual global silver production ( ex Russia & ex China ) .
FOR THE NEW AUGUST DELIVERY MONTH/ THEY FILED AT THE @ @ @ @ @ @ @ FOR 95,000 OZ OF SILVER .
IN SILVER , PRIOR TO TODAY , WE SET THE NEW COMEX RECORD OF OPEN INTEREST AT 244,196 CONTRACTS ON AUG 22.2018 .
AND AGAIN THIS HAS BEEN SET WITH A LOW PRICE OF $ 14.70//TODAY ’ S RECORD OF 244,705 WAS SET WITH A PRICE OF : 18.91 ( FEB 25/2020 ) ON THE DEMAND SIDE WE HAVE THE FOLLOWING : • HUGE AMOUNTS OF SILVER STANDING FOR DELIVERY ( MARCH/2018 : 27 MILLION OZ , APRIL/2018 : 2.485 MILLION OZ MAY : 36.285 MILLION OZ @ @ @ @ @ @ @ , JULY 2018 FINAL AMOUNT STANDING : 30.370 MILLION OZ ) FOR AUGUST 6.065 MILLION OZ .
, SEPT : A HUGE 39.505 MILLION OZ./ OCTOBER : 2,520,000 oz NOV AT 7.440 MILLION OZ./ DEC. AT 21.925 MILLION OZ JANUARY AT 5.825 MILLION OZ.AND FEB 2019 : 2.955 MILLION OZ/ MARCH : 27.120 MILLION OZ/ APRIL AT 3.875 MILLION OZ/ A MAY : 18.845 MILLION OZ ..JUNE 2.660 MILLION OZ//JULY 22.605 MILLION OZ ; AUGUST 10.025 MILLION OZ/ SEPT 43.030 MILLION OZ//OCT : 7.665 MILLION OZ// NOV : 2.630 MILLION OZ//DEC : 20.970 @ @ @ @ @ @ @ OZ.//FEB 1.480 MILLION OZ//MAR : 23.005 MILLION OZ/APRIL 4.660 MILLION OZ//MAY 45.220 MILLION OZ//JUNE : 2.205 MILLION OZ// JULY 86.470 million oz//AUGUST 6.475 MILLION OZ//SEPT .
55.400 MILLION OZ// OCTOBER : 8.465 MILLION OZ// • THE RECORD PRIOR TO TODAY WAS SET IN FEB 25/2018 : 244,710 CONTRACTS , WITH A SILVER PRICE OF $ 18.90// .
• HUGE ANNUAL EFP ’ S ISSUANCE EQUAL TO 2.9 BILLION OZ OR 400 % OF SILVER ANNUAL PRODUCTION/2017 RECORD SETTING EFP ISSUANCE FOR ANY MONTH IN SILVER ; APRIL/2018/ 385.75 MILLION OZ/ AND THE SECOND @ @ @ @ @ @ @ MILLION OZ AND YET , WITH THE EXTREMELY HIGH EFP ISSUANCE , WE HAVE A CONTINUAL LOW PRICE OF SILVER DESPITE THE ABOVE HUGE DEMAND .
TO ME THE ONLY ANSWER IS THAT WE HAVE SOVEREIGN ( CHINA ) WHO IS ENDEAVOURING TO GOBBLE UP ALL AVAILABLE PHYSICAL SILVER NO MATTER WHERE , EXACTLY WHAT J.P.MORGAN IS DOING .
AND IT IS MY BELIEF THAT J.P.MORGAN IS HOLDING ITS SILVER FOR ITS BENEFICIAL OWNER..THE USA GOVERNMENT WHO IN TURN IS HOLDING THAT SILVER FOR CHINA .
( FOR A SILVER LOAN REPAYMENT ) @ @ @ @ @ @ @ FELL BY A CONSIDERABLE 6,429 CONTRACTS TO 556,656 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 CONSIDERABLE SIZED LOSS IN COMEX OI OCCURRED WITH OUR VERY LOSS IN PRICE OF $ 6.80 /// COMEX GOLD TRADING// WEDNESDAY .
WE HAVE NOW CONCLUDED OUR SPREADER LIQUIDATION WITH TODAY ’ S READING.//WE PROBABLY HAD SOME BANKER/ALGO SHORT COVERING ACCOMPANYING OUR SMALL EXCHANGE FOR PHYSICAL ISSUANCE .
WE PROBABLY HAD MINOR LONG LIQUIDATION….THIS ALL HAPPENED WITH OUR @ @ @ @ @ @ @ WE HAD A VOLUME OF 0 4 -GC CONTRACTS//OPEN INTEREST 81// WE HAD A CONSIDERABLE LOSS OF 5468 CONTRACTS ( 17.00 TONNES ) ON OUR TWO EXCHANGES..
THE CME RELEASED THE DATA FOR EFP ISSUANCE AND IT TOTALED A SMALL SIZED 961 CONTRACTS : CONTRACT .
; OCT : 0 DEC : 961 ; FEB : 0 ALL OTHER MONTHS ZERO//TOTAL : 961 .
The NEW COMEX OI for the gold complex rests at 555,967 .
ALSO REMEMBER THAT THERE WILL BE A DELAY IN THE ISSUANCE OF EFP ’ S .
THE @ @ @ @ @ @ @ IMMEDIATELY .
THEN THEY ORCHESTRATE THEIR PRIVATE EXCHANGE DEAL WITH THE LONGS AND THAT COULD TAKE AN ADDITIONAL , 48 HRS SO WE GENERALLY DO NOT GET A MATCH WITH RESPECT TO DEPARTING COMEX LONGS AND NEW EFP LONG TRANSFERS .
.
EVEN THOUGH THE BANKERS ISSUED THESE MONSTROUS EFPS , THE OBLIGATION STILL RESTS WITH THE BANKERS TO SUPPLY METAL BUT IT TRANSFERS THE RISK TO A LONDON BANKER OBLIGATION AND NOT A NEW YORK COMEX OBLIGATION .
LONGS RECEIVE A FIAT BONUS TOGETHER WITH A LONG LONDON FORWARD .
THUS , @ @ @ @ @ @ @ THE COMEX HAVE JUST STATED THAT THEY HAVE NO APPRECIABLE METAL !
!
THIS IS A MASSIVE FRAUD : THEY CAN NOT SUPPLY ANY METAL TO OUR COMEX LONGS BUT THEY ARE QUITE WILLING TO SUPPLY MASSIVE NON BACKED GOLD ( AND SILVER ) PAPER KNOWING THAT THEY HAVE NO METAL TO SATISFY OUR LONGS .
LONDON IS NOW SEVERELY BACKWARD IN BOTH GOLD AND SILVER AND WE ARE WITNESSING DELAYS IN ACTUAL DELIVERIES .
IN ESSENCE WE HAVE A CONSIDERABLE SIZED DECREASE IN TOTAL CONTRACTS ON THE TWO EXCHANGES OF 5468 CONTRACTS @ @ @ @ @ @ @ AND 961 EFP OI CONTRACTS WHICH NAVIGATED OVER TO LONDON .
THUS TOTAL OI LOSS OF 5468 CONTRACTS OR 17.00 TONNES .
CALCULATIONS ON GAIN/LOSS ON OUR TWO EXCHANGES : WE HAD A SMALL SIZED ISSUANCE IN EXCHANGE FOR PHYSICALS ( 961 ) ACCOMPANYING THE CONSIDERABLE SIZED LOSS IN COMEX OI ( 6429 OI ) : TOTAL LOSS IN THE TWO EXCHANGES : 5468 CONTRACTS .
WE NO DOUBT HAD 1 ) SOME BANKER SHORT COVERING AND CONSIDERABLE ALGO SHORT COVERING ,2 . )
A HUGE STANDING AND A GOOD INCREASE AT THE @ @ @ @ @ @ @ TO 95.138 TONNES ) 3 ) SOME LONG LIQUIDATION ; 4 ) CONSIDERABLE COMEX OI LOSS AND 5 ) SMALL ISSUANCE OF EXCHANGE FOR PHYSICAL AND 6 ) CONCLUSION OF OUR SPREADER LIQUIDATION…/ AND …ALL OF THIS WAS COUPLED WITH OUR STRONG LOSS IN GOLD PRICE TRADING//WEDNESDAY// $ 6.80 .
WE ARE BEGINNING TO WITNESS A LACK OF EXCHANGE FOR GOLD PHYSICALS UNDERWRITTEN DUE TO PREMIUMS STARTING TO REAPPEAR IN THE FUTURE PRICE OF GOLD VS LONDON SPOT .
THE COST TO THE BANKERS IS JUST TOO GREAT TO ENGAGE IN THESE VEHICLES @ @ @ @ @ @ @ EXCHANGE FOR PHYSICALS IN 2020 INCLUDING TODAY OCT.ACCUMULATION OF EFP ’ S GOLD AT J.P. MORGAN ’ S HOUSE OF BRIBES : ( EXCHANGE FOR PHYSICAL ) FOR THE MONTH OF OCT : 961 , CONTRACTS OR 96100 oz OR 2,989TONNES ( 1 TRADING DAY ( S ) AND THUS AVERAGING : 961 EFP CONTRACTS PER TRADING DAY TO GIVE YOU AN IDEA AS TO THE SIZE OF THESE EFP TRANSFERS : THIS MONTH IN 1 TRADING DAY ( S ) IN TONNES : 2.989 TONNES TOTAL ANNUAL GOLD PRODUCTION , 2019 , @ @ @ @ @ @ @ : 3555 TONNES MARCH TOTAL EFP ISSUANCE 1,098.93 TONNES ( *AND A NEW ALL TIME RECORD ISSUANCE//22 DAYS ) MAY TOTAL EFP ISSUANCE : 248.68 TONNES ( EFP ISSUANCE STILL LOW// PREMIUM COST TO THE BANKERS IS HUGE..SO ISSUANCE IS LESS ) JULY TOTAL EFP ISSUANCE ; 313.09 TONNES .. ( EXCHANGE FOR PHYSICALS REVERSE COURSE AND ARE NOW INCREASING ! )
SEPT TOTAL EFP ISSUANCE : 178.49 TONNES ( EFP ’ s AGAIN RISING DUE TO BACKWARDATION/LOWER FUTURE PREMIUMS//THUS LESS COST TO CARRY ) WHAT IS ALARMING TO ME , ACCORDING TO @ @ @ @ @ @ @ 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 .
We had 0 deposit into the dealer we had 1 deposit @ @ @ @ @ @ @ gold withdrawals from the customer account : The front month of OCT registered a total of 24,134 contracts for a LOSS of 6390 contracts .
We had 6442 notices filed yesterday so we gained 52 contracts or 5200 additional oz will stand for delivery in this active delivery month of October .
In gold we have not seen queue jumping start so early in the month .
Thus you can bet the farm that throughout October , the total number of gold oz standing will increase from this level .
The big December @ @ @ @ @ @ @ contracts..
THE BIG STORY AGAIN TODAY IS THE HIGH OI STANDING FOR OCTOBER ( 95.138 tonnes ) .
GENERALLY OCTOBER IS A POOR DELIVERY MONTH AS MOST INVESTORS PREFER TO SKIP THIS MONTH AND MOVE STRAIGHT TO DECEMBER .
IT LOOKS LIKE SOME MAJOR ENTITY ( GOLDMAN SACHS ) JUST CAN NOT WAIT FOR DECEMBER AS THEY ARE MAKING THEIR MOVE ON OCTOBER FOR PHYSICAL METAL .
GOLDMAN SACHS ONE OF THE LEADERS OF THE NEW LONDON LME EXCHANGE NEEDS THE GOLD INVENTORY FOR LIQUIDITY AND INITIAL CONTRIBUTION WITH OTHER MAJOR PLAYERS .
@ @ @ @ @ @ @ OTHER MONTHS IS THAT THIS GOLD STANDING IN OCTOBER WILL LEAVE THE COMEX AND HEAD FOR LONDON .
We had 5949 notices filed today for 594,900 oz OR 18.503 TONNES.FOR THE OCT 2020 CONTRACT MONTH ) Today , 0 notice ( s ) were issued from JPMorgan dealer account and 5900 notices were issued from their client or customer account .
The total of all issuance by all participants equates to 5949 contract ( s ) of which 280 notices were stopped ( received ) by j.P. Morgan dealer and 1535 notice ( @ @ @ @ @ @ @ Received ) by j.P.Morgan//customer account and 315 notices received ( stopped ) by the squid ( Goldman Sachs ) To calculate the INITIAL total number of gold ounces standing for the OCT /2020 .
contract month , we take the total number of notices filed so far for the month ( 12,391 ) x 100 oz , to which we add the difference between the open interest for the front month of OCT ( 24,134 CONTRACTS ) minus the number of notices served upon today ( 5949 x 100 oz per contract ) @ @ @ @ @ @ @ the number of ounces standing in this active month of JUNE thus the INITIAL standings for gold for the OCT/2020 contract month : No of notices filed so far ( 12,391 , x 100 oz +24,134 OI ) for the front month minus the number of notices served upon today ( 5949 ) x 100 oz which equals 3,057,600 oz standing OR 95.104 TONNES in this active delivery month .
This is a HUGE amount for gold standing for a OCT delivery month ( a poor active delivery month ) .
We gained @ @ @ @ @ @ @ will stand on this side of the pond searching for metal .
SURPRISINGLY WE HAVE BEEN WITNESSING NO REAL PHYSICAL GOLD ENTERING THE COMEX VAULTS FOR THE PAST YEAR !
!
..ONLY PHONY KILOBAR ENTRIES… .
WE HAVE 471.05 TONNES OF REGISTERED GOLD WHICH CAN SETTLE UPON LONGS i.e .
94.95 tonnes CALCULATION OF REGISTERED GOLD THAT CAN BE SETTLED UPON : total registered or dealer 16,718,763.723 oz or 520.02 tonnestotal weight of pledged : 1,574,454.119 oz or 48.97 tonnesthus : registered gold that can be used to settle upon : 15,144,309.0 ( @ @ @ @ @ @ @ total registered – pledged tonnes 15,144,309.0 ( 471.05 tonnes ) total eligible gold : 20,075,024.071 oz ( 624.41 tonnes ) I have compiled data with respect to registered ( or dealer ) gold taken on first day notice for each of the past 24 months The data begins on first day notice for the May month taken on the last day of July 2018. and it continues to present day .
I then took , how many deliveries were recorded by the CME for each and every month .
I also included for @ @ @ @ @ @ @ day notice .
The first graph is a logarithmic graph and the second graph , linear .
You can see the huge explosion of registered gold at the comex along with deliveries .
THE GOLD COMEX SEEMS TO BE UNDER SEVERE ASSAULT FOR PHYSICAL And now for the wild silver comex results And now for the wild silver comex results We had 0 deposits into the dealer : we had 2 deposits into the customer account ( ELIGIBLE ACCOUNT ) JPMorgan now has 186.1 million oz of total silver inventory or 49.29 % @ @ @ @ @ @ @ 186.1 million/377.513 million we had 2 withdrawals : i ) Out of DELAWARE 24,351.200 ozii ) Out of Manfra ; 1,004,723.430 oz We had 1 adjustments/ customer to dealer October had 667 notices outstanding for a loss of 1037 contracts .
We had 1026 notices served upon yesterday so we lost 11 contracts or 55,000 additional oz of silver will not stand in this non active month of October .
November saw a gain of 18 notices up to 291 contracts .
December saw a loss of 2021 contracts up to 131,768 contracts @ @ @ @ @ @ @ today for the OCT 2020. contract month is represented by 19 contract ( s ) FOR 95,000 oz To calculate the number of silver ounces that will stand for delivery in OCT we take the total number of notices filed for the month so far at 1045 x 5,000 oz = 5,225,000 oz to which we add the difference between the open interest for the front month of OCT ( 667 ) and the number of notices served upon today 19x ( 5000 oz ) equals the number of ounces standing .
Thus @ @ @ @ @ @ @ OCT/2019 contract month : 1,045 ( notices served so far ) x 5000 oz + OI for front month of SEPT ( 667 ) - number of notices served upon today ( 19 ) x 5000 oz of silver standing for the OCT contract month .equals 8,465,000 oz .
..VERY STRONG FOR A NON ACTIVE MONTH .
We lost 11 contracts or 55,000 oz will not stand for silver metal on this side of the pond as they morphed into a London based forward and received a fiat bonus for their efforts .
@ @ @ @ @ @ @ CONTRACTS EQUATES to 0.486 billion OZ 69.4 % OF ANNUAL GLOBAL PRODUCTION OF SILVER.. COMMODITY LAW SUGGESTS THAT OPEN INTEREST SHOULD NOT BE MORE THAN 3 % OF ANNUAL GLOBAL PRODUCTION .
THE CROOKS ARE SUPPLYING MASSIVE PAPER TRYING TO KEEP SILVER IN CHECK .
The record level of silver open interest is 234,787 contracts set on April 21./2017 with the price at that day at $ 18.42 .
The previous record was 224,540 contracts with the price at that time of $ 20.44 2 .
Sprott gold fund ( PHYS ) : @ @ @ @ @ @ @ to NAV : ( OCT 1/2020 ) Note : Sprott silver trust back into NEGATIVE territory at + % -/Sprott physical gold trust is back into NEGATIVE/1.12 % And now the Gold inventory at the GLD/ OCT 1/WITH GOLD UP $ 19.70 TODAY : NO CHANGES IN GOLD INVENTORY AT THE GLD//INVENTORY RESTS AT 1268.89 TONNES SEPT 30//WITH GOLD DOWN $ 6.80 TODAY , NO CHANGES IN GOLD INVENTORY AT THE GLD//INVENTORY RESTS AT 1268.89 TONNES SEPT 29/WITH GOLD UP $ 19.10//NO CHANGES IN GOLD INVENTORY AT THE GLD//INVENTORY RESTS AT 1268.89 TONNES @ @ @ @ @ @ @ : A HUGE CHANGE IN GOLD INVENTORY AT THE GLD : A DEPOSIT OF 2.05 TONNES INTO THE GLD//INVENTORY RESTS AT 1268.89 TONNES SEPT 25//WITH GOLD DOWN 410.80 TODAY : A SMALL CHANGE IN GOLD INVENTORY AT THE GLD : A WITHDRAWAL OF .3 TONNES FROM THE GLD////INVENTORY RESTS AT 1266.84 TONNES SEPT 24/WITH GOLD UP $ 9.80 TODAY : NO CHANGES IN GOLD INVENTORY AT THE GLD//INVENTORY RESTS AT 1267.14TONNES .
SEPT 23//WITH GOLD DOWN $ 28.00 TODAY//A HUGE CHANGE IN GOLD INVENTORY AT THE GLD : A PAPER WITHDRAWAL OF 11.68 @ @ @ @ @ @ @ TONNES SEPT 22/WITH GOLD DOWN $ 4.50 TODAY , A MONSTROUS CHANGE IN GOLD INVENTORY AT THE GLD : A DEPOSIT OF 18.98 TONNES OF PAPER GOLD ENTER THE GLD///// INVENTORY RESTS AT 1278.62TONNES SEPT 21/WITH GOLD DOWN $ 47.20 TODAY : A HUGE CHANGE IN GOLD INVENTORY AT THE GLD : A DEPOSIT OF 12.94 TONNES INTO THE GLD///INVENTORY RESTS AT 1259.64TONNES SEPT 18/WITH GOLD UP $ 10.50 TODAY : NO CHANGES IN GOLD INVENTORY AT THE GLD//INVENTORY RESTS THIS WEEKEND AT : 1246.99 TONNES SEPT 17/WITH GOLD DOWN $ 18.05 TODAY @ @ @ @ @ @ @ AT THE GLD : A WITHDRAWAL OF .58 TONNES FROM THE GLD//INVENTORY RESTS AT 1246.99 TONNES SEPT 16.WITH GOLD UP $ 4.90 TODAY : NO CHANGE IN GOLD INVENTORY AT THE GLD//INVENTORY RESTS AT 1247.57 TONNES SEPT 15//WITH GOLD UP $ 2.25 TODAY : A SMALL CHANGES IN GOLD INVENTORY AT THE GLD : A WITHDRAWAL OF .43 TONNES FROM THE GLD//INVENTORY RESTS AT 1247.57 TONNES SEPT 14/WITH GOLD DOWN 90 CENTS TODAY : A HUGE CHANGE IN GOLD INVENTORY AT THE GLD : A WITHDRAWAL OF 4.96 TONNES FROM THE GLD////INVENTORY RESTS @ @ @ @ @ @ @ $ 14.80//NO CHANGES IN GOLD INVENTORY AT THE GLD//INVENTORY RESTS AT 1252.96 TONNES SEPT 10/WITH GOLD UP $ 8.85 TODAY : A HUGE CHANGES IN GOLD INVENTORY AT THE GLD : A DEPOSIT OF 2.92 TONNES INTO THE GLD////INVENTORY RESTS AT 1252.96 TONNES SEPT 9/WITH GOLD UP $ 19.55 TODAY : NO CHANGES IN GOLD INVENTORY AT THE GLD//INVENTORY RESTS AT 1250.04 TONNES SEPT 8/WITH GOLD UP $ 8.20 TODAY : NO CHANGES IN GOLD INVENTORY AT THE GLD/INVENTORY RESTS AT 1250.04 TONNES SEPT 4//WITH GOLD DOWN $ 3.80 TODAY : NO CHANGES @ @ @ @ @ @ @ AT 1250.04 TONNES SEPT 3/WITH GOLD DOWN $ 7.50 ON THIS 2ND DAY OF A 3 DAY RAID : NO CHANGES IN GOLD INVENTORY AT THE GLD//INVENTORY RESTS AT 1250.04 TONNES SEPT 2/WITH GOLD DOWN $ 34.00 TODAY , WE HAVE 2 SMALL CHANGES IN GOLD INVENTORY AT THE GLD : 2 WITHDRAWALS OF .87 TONNES AND.59 TONNES FROM THE GLD////INVENTORY RESTS AT 1250.04 TONNES SEPT 1/WITH GOLD UP $ 7.10 TODAY , WE HAVE NO CHANGES IN GOLD INVENTORY AT THE GLD//INVENTORY RESTS AT 1251.50 TONNES AUGUST 31//WITH GOLD UP $ 5.90 @ @ @ @ @ @ @ AT THE GLD..//INVENTORY RESTS AT 1251.50 TONNES/ AUGUST 28/WITH GOLD UP $ 38.20 TODAY , WE SURPRISINGLY HAD A .59 TONNE WITHDRAWAL//INVENTORY RESTS AT 1251.50 TONNES AUGUST 27/WITH GOLD DOWN 17.50 TODAY : WE HAD A HUGE CHANGE IN GOLD INVENTORY AT THE GLD//A DEPOSIT OF 3.24 TONNES INTO THE GLD//INVENTORY REST AT 1252.09 TONNES AUGUST 26/WITH GOLD UP $ 26.70 TODAY/ WE HAD A HUGE CHANGE IN GOLD INVENTORY AT THE GLD : A WITHDRAWAL OF 3.53 TONNES FROM THE GLD//RESTS AT 1248.85 TONNES AUGUST 25/WITH GOLD DOWN $ 14.60 TODAY , @ @ @ @ @ @ @ AT THE GLD//RESTS AT 1252.38 TONNES AUGUST 24//WITH GOLD DOWN $ 7.20 TODAY : WE HAD NO CHANGES IN GOLD INVENTORY AT THE GLD : /INVENTORY RESTS AT 1258.38 TONNES LAST ; 911 TRADING DAYS : +329.05 NET TONNES HAVE BEEN ADDED THE GLD LAST 811 TRADING HAVE NOW BEEN ADDED INTO THE GLD INVENTORY .
OCT 1/WITH SILVER UP 66 CENTS TODAY , A BIG CHANGES IN SILVER INVENTORY AT THE SLV : A WITHDRAWAL OF 1.489 MILLION OZ FROM THE SLV////INVENTORY RESTS AT 549.116 MILLION OZ// SEPT 30//WITH SILVER DOWN 96 @ @ @ @ @ @ @ SILVER INVENTORY AT THE SLV : A WITHDRAWAL OF 186,000 OZ FROM THE SLV.//INVENTORY RESTS AT 550.605 MILLION OZ.. SEPT 29/WITH SILVER UP 86 CENTS TODAY : NO CHANGES IN SILVER INVENTORY AT THE SLV//INVENTORY RESTS AT 550.791 MILLILON OZ// SEPT 28//WITH SILVER UP 48 CENTS TODAY : A HUGE DEPOSIT OF 3.769 MILLION OZ CHANGE IN SILVER INVENTORY AT THE SLV//INVENTORY RESTS AT 550.791 MILLION OZ// SEPT 25/WITH SILVER DOWN 14 CENTS TODAY ; A HUGE CHANGE IN SILVER INVENTORY AT THE SLV : 2 TRANSACTIONS : A PAPER WITHDRAWAL OF 8.28 @ @ @ @ @ @ @ DEPOSIT OF 1.861 MILLION OZ INTO THE SLV////INVENTORY RESTS AT 547.022 MILLION OZ// SEPT 24//WITH SILVER UP 15 CENTS : NO CHANGES IN SILVER INVENTORY AT THE SLV//INVENTORY RESTS AT 553.443 MILLION OZ// SEPT 23//WITH SILVER DOWN $ 1.41 : A HUGE CHANGE IN SILVER INVENTORY AT THE SLV : A WITHDRAWAL OF 2.048 MILLION OZ FROM THE SLV//INVENTORY RESTS AT 553.443 MILLION OZ/// SEPT 22/WITH SILVER DOWN ONE CENT TODAY : A MONSTROUS CHANGE IN SILVER INVENTORY AT THE SLV : A PAPER DEPOSIT OF 2.141 MILLION OZ////INVENTORY RESTS AT 555.491 MILLION @ @ @ @ @ @ @ TODAY : A HUGE CHANGE IN SILVER INVENTORY AT THE SLV A PAPER WITHDRAWAL OF 1.862 MILLION OZ FROM THE SLV////INVENTORY RESTS AT 553.350MILLION OZ// SEPT 18 .
WITH SILVER DOWN 7 CENTS TODAY : NO CHANGES IN SILVER INVENTORY AT THE SLV//INVENTORY RESTS AT 555.212 MILLION OZ/ SEPT 17/WITH SILVER DOWN 31 CENTS TODAY : A HUGE CHANGES IN SILVER INVENTORY AT THE SLV : A WITHDRAWAL OF 3.537 MILLION OZ FROM THE SLV////INVENTORY RESTS AT 555.212 MILLION OZ/ SEPT 16//WITH SILVER DOWN 2 CENTS TODAY : NO CHANGES IN SILVER INVENTORY @ @ @ @ @ @ @ OZ// SEPT 15/WITH SILVER UP 11 CENTS TODAY : A HUGE CHANGE IN SILVER INVENTORY AT THE SLV : A DEPOSIT OF 2.793 MILLION OZ INTO THE SLV..//INVENTORY RESTS AT 558.749 MILLION OZ.. SEPT 14/WITH SILVER UP 47 CENTS TODAY : HUGE CHANGES IN SILVER INVENTORY AT THE SLV : 2 WITHDRAWALS A ) 1.675 MILLION OZ AND ANOTHER B ) 0.931 MILLION OZ/ FROM THE SLV////INVENTORY RESTS AT 555.956 MILLION OZ// SEPT 11/WITH SILVER DOWN 39 CENTS TODAY : NO CHANGES IN SILVER INVENTORY AT THE SLV//INVENTORY RESTS AT 558.562 MILLION OZ// @ @ @ @ @ @ @ : A HUGE CHANGE IN SILVER INVENTORY AT THE SLV : A WITHDRAWAL OF 2.607 MILLION OZ FROM THE SLV//INVENTORY RESTS AT 558.562 MILLION OZ .
SEPT 9/WITH SILVER UP 6 CENTS TODAY : STRANGE : A HUGE CHANGE IN SILVER INVENTORY AT THE SLV : A WITHDRAWAL OF 3.63 MILLION OZ FROM THE SLV////INVENTORY RESTS AT 561.169 MILLION OZ SEPT 8/WITH SILVER UP 27 CENTS TODAY ; NO CHANGES IN SILVER INVENTORY AT THE SLV//INVENTORY RESTS AT 564.799 MILLION OZ SEPT 4//WITH SILVER DOWN 15 CENTS TODAY : HUGE CHANGES IN SILVER @ @ @ @ @ @ @ WITHDRAWAL OF 3.631 MILLION OZ FROM THE SLV////INVENTORY RESTS AT 564.799 MILLION OZ// SEPT 3//WITH SILVER DOWN 50 CENTS TODAY : A HUGE CHANGE IN SILVER INVENTORY AT THE SLV : A WITHDRAWAL OF 3.258 MILLION OZ FROM THE SLV////INVENTORY RESTS AT 568.430 MILLION OZ/./ SEPT 2.WITH SILVER DOWN $ 1.04 TODAY : A HUGE CHANGES IN SILVER INVENTORY AT THE SLV : A WITHDRAWAL OF 2.365 MILLION OZ FROM THE SLV///INVENTORY REST AT 571.688 MILLION OZ .
SEPT 1//WITH SILVER UP 9 CENTS TODAY : NO CHANGES IN SILVER INVENTORY AT THE @ @ @ @ @ @ @ 31/WITH SILVER UP 80 CENTS TODAY : A HUGE CHANGE IN THE SLV//A DEPOSIT OF 2.982 MILLION OZ ENTERS THE SLV/INVENTORY RESTS AT 574.053 MILLION OZ// AUGUST 28/WITH SILVER UP 48 CENTS TODAY : A MASSIVE PAPER DEPOSIT OF 4.652 MILLION OZ ENTERS THE SLV//INVENTORY RESTS AT 571.071 MILLION OZ AUGUST 27/WITH SILVER DOWN 28 CENTS TODAY// NO CHANGES IN SILVER INVENTORY AT THE SLV//INVENTORY RESTS AT 566.419 MILLION OZ AUGUST 26//WITH SILVER UP $ 1.04 TODAY : A HUGE CHANGE IN SILVER INVENTORY AT THE SLV : A WITHDRAWAL OF 4.65 MILLION @ @ @ @ @ @ @ MILLION OZ.. AUGUST 25/WITH SILVER DOWN 21 CENTS : A HUGE CHANGE IN SILVER INVENTORY AT THE SLV : A WITHDRAWAL OF 2.607 MILLION OZ FROM THE SLV////INVENTORY RESTS AT 571.074 MILLION OZ// AUGUST 24//WITH SILVER DOWN 18 CENTS TODAY : WE HAD A NO CHANGES//INVENTORY RESTS AT 573.843 MILLION OZ//

by Harvey Organ of Harvey Organ Blog
OCT 1//GOLD UP $19.70 TO $1910.10//SILVER UP $.66 TO $24.05//GOLD STANDING AT THE COMEX; 95.3 TONNES/SILVER STANDING: 8.46 MILLION OZ///CORONAVIRUS UPDATES//IN USA VERY SKEPTICAL THAT A STIMULUS DEAL WILL BE REACHED//830,000 INITIAL UNEMPLOYMENT BENEFIT CLAIMS FILED LAST WEEK//PERSONAL INCOME AND PERSONAL SAVINGS PLUMMET AS AMERICANS BURN THEIR SAVINGS TO FUND THEMSELVES//SWAMP STORIES FOR YOU TONIGHT///
GOLD $1910.10 UP $19.70 The quote is London spot price
Silver:$24.05 UP $0.66 London spot price ( cash market)
your data…
Closing access prices: London spot
i)Gold : $1905.40 LONDON SPOT 4:30 pm
ii)SILVER: $23.76//LONDON SPOT 4:30 pm
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CLOSING FUTURES PRICES: KEY MONTHS
OCT GOLD: 1906.80 CLOSE 1.30 PM// SPREAD SPOT/FUTURE OCT /: $$3.70 BACKWARD!! A MAGNET FOR LONDON PURCHASERS OF GOLD!1
DEC. GOLD $1916.80 CLOSE 1.30 PM SPREAD SPOT/FUTURE DEC $6.70/ CONTANGO ( $0.70 ABOVE NORMAL CONTANGO) //
CLOSING SILVER FUTURE MONTH
SILVER NOV COMEX CLOSE; $24.16…1:30 PM.//SPREAD SPOT/FUTURE SEPT// : ( 11 CENTS CONTANGO/ABOVE NORMAL CONTANGO//)
SILVER DECEMBER CLOSE: $24.20 1:30 PM SPREAD SPOT/FUTURE DEC. : 15 CENTS PER OZ CONTANGO ( 3 CENTS ABOVE NORMAL CONTANGO)
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COMEX DATA
JPMorgan has been receiving gold with reckless abandon and sometimes supplying (stopping)
receiving today: 1815/5949
EXCHANGE: COMEX
CONTRACT: OCTOBER 2020 COMEX 100 GOLD FUTURES
SETTLEMENT: 1,887.500000000 USD
INTENT DATE: 09/30/2020 DELIVERY DATE: 10/02/2020
FIRM ORG FIRM NAME ISSUED STOPPED
____________________________________________________________________________________________
072 C GOLDMAN 315
099 H DB AG 170
104 C MIZUHO 43
118 H MACQUARIE FUT 269
132 C SG AMERICAS 3 34
135 H RAND 2
323 C HSBC 5
332 H STANDARD CHARTE 75
355 C CREDIT SUISSE 72
435 H SCOTIA CAPITAL 5
624 C BOFA SECURITIES 7
657 C MORGAN STANLEY 7 289
657 H MORGAN STANLEY 289
661 C JP MORGAN 5900 1535
661 H JP MORGAN 280
690 C ABN AMRO 277
709 C BARCLAYS 1093
709 H BARCLAYS 1008
732 C RBC CAP MARKETS 10
737 C ADVANTAGE 4
800 C MAREX SPEC 8 80
880 C CITIGROUP 49
905 C ADM 31 38
____________________________________________________________________________________________
TOTAL: 5,949 5,949
MONTH TO DATE: 12,391
issued: 5900
GOLDMAN SACHS STOPPED 315 CONTRACTS.
NUMBER OF NOTICES FILED TODAY FOR OCT. CONTRACT: 5949 NOTICE(S) FOR 594900 OZ (18.503 tonnes)
TOTAL NUMBER OF NOTICES FILED SO FAR: 12,391 NOTICES FOR 1,239,100 OZ (38.54 tonnes)
SILVER//OCTOBER CONTRACT
19 NOTICE(S) FILED TODAY FOR 95,000 OZ/
total number of notices filed so far this month: 1045 for 5.226 MILLION oz
BITCOIN MORNING QUOTE $10,863 UP 111
BITCOIN AFTERNOON QUOTE.: $10,799 DOWN 192 DOLLARS .
GLD AND SLV INVENTORIES:
WITH GOLD UP $19.70 AND NO PHYSICAL TO BE FOUND ANYWHERE:
WITH ALL REFINERS CLOSED//MEXICO ORDERING ALL MINES SHUT: WHERE ARE THEY GETTING THE “PHYSICAL?
NO CHANGE IN GOLD INVENTORY AT THE GLD//
GLD: 1,268.89 TONNES OF GOLD//
WITH SILVER UP 66 CENTS TODAY: AND WITH NO SILVER AROUND:
A HUGE WITHDRAWAL OF 1.489 MILLION OZ FROM THE SLV//
SLV: 549.116 MILLION OZ./
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Let us have a look at the data for today
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IN SILVER THE COMEX OI FELL BY A STRONG 2480 CONTRACTS FROM 157,308 DOWN TO 154,828, AND FURTHER FROM OUR NEW RECORD OF 244,710, (FEB 25/2020. THE LOSS IN OI OCCURRED WITH OUR $0.96 LOSS IN SILVER PRICING AT THE COMEX. IT SEEMS THAT THE LOSS IN COMEX OI IS DUE TO CONSIDERABLE BANKER AND ALGO SHORT COVERING.. COUPLED AGAINST A WEAK EXCHANGE FOR PHYSICAL. WE ALSO HAD SOME LONG LIQUIDATION, AND A SMALL LOSS FOR SILVER STANDING AT THE COMEX FOR OCT. WE HAD A STRONG NET LOSS IN OUR TWO EXCHANGES OF 2059 CONTRACTS (SEE CALCULATIONS BELOW).
WE WERE NOTIFIED THAT WE HAD A TINY NUMBER OF COMEX LONGS TRANSFERRING THEIR CONTRACTS TO LONDON THROUGH THE EFP ROUTE: 961, AS WE HAD THE FOLLOWING ISSUANCE: OCT 0; DEC: 961, MARCH 0 FOR ZERO ALL OTHER MONTHS AND THEREFORE TOTAL ISSUANCE 961 CONTRACTS. THE BANKERS ARE NOW BEING BITTEN BY THOSE SERIAL FORWARDS (EFP’S CIRCULATING IN LONDON)AS THEY ARE NOW BEING EXERCISED AND COMING BACK TO NEW YORK FOR REDEMPTION OF METAL. THE COST TO SERVICE THESE SERIAL FORWARDS IS HIGH TO OUR BANKERS BUT THEY HAVE NO CHOICE BUT TO ISSUE A FEW OF THEM!
HISTORY OF SILVER OZ STANDING AT THE COMEX FOR THE PAST 26 MONTHS.
JUNE/2018. (5.420 MILLION OZ);
FOR JULY: 30.370 MILLION OZ
FOR AUG., 6.065 MILLION OZ
FOR SEPT. 39.505 MILLION OZ S
FOR OCT.2.525 MILLION OZ.
FOR NOV: A HUGE 7.440 MILLION OZ STANDING AND
21.925 MILLION OZ FINALLY STAND FOR DECEMBER.
5.845 MILLION OZ STAND IN JANUARY.
2.955 MILLION OZ STANDING FOR FEBRUARY.:
27.120 MILLION OZ STANDING IN MARCH.
3.875 MILLION OZ STANDING FOR SILVER IN APRIL.
18.845 MILLION OZ STANDING FOR SILVER IN MAY.
2.660 MILLION OZ STANDING FOR SILVER IN JUNE//
22.605 MILLION OZ STANDING FOR JULY
10.025 MILLION OZ INITIAL STANDING IN AUGUST.
43.030 MILLION OZ INITIALLY STANDING IN SEPT. (HUGE)
7.32 MILLION OZ INITIALLY STANDING IN OCT
2.630 MILLION OZ STANDING FOR NOV.
20.970 MILLION OZ FINAL STANDING IN DEC
5.075 MILLION OZ FINAL STANDING IN JAN
1.480 MILLION OZ FINAL STANDING IN FEB
23.005 MILLION OZ FINAL STANDING FOR MAR
4.660 MILLION OZ FINAL STANDING FOR APRIL
45.220 MILLION OZ FINAL STANDING FOR MAY
2.205 MILLION OF FINAL STANDING FOR JUNE
86.470 MILLION OZ FINAL STANDING IN JULY.
6.475 MILLION OZ FINAL STANDING IN AUGUST
55.400 MILLION OZ FINAL STANDING IN SEPT
8.4650 MILLION OZ INITIALLY STANDING IN OCT.
WEDNESDAY, AGAIN OUR CROOKS USED COPIOUS PAPER IN ORDER TO LIQUIDATE SILVER’S PRICE…AND THEY WERE SUCCESSFUL IN KNOCKING THE PRICE OF SILVER DOWN (IT FELL $0.96) ).. AND, OUR OFFICIAL SECTOR/BANKERS WERE SUCCESSFUL IN THEIR ATTEMPT TO FLEECE SOME SILVER LONGS AS WE HAD A CONSIDERABLE LOSS IN OUR TWO EXCHANGES (1999 CONTRACTS). NO DOUBT THE LOSS IN OI WAS DUE TO i)BANKER/ALGO SHORT COVERING. WE ALSO HAD ii) A SMALL ISSUANCE OF EXCHANGE FOR PHYSICALS 2) A SMALL LOSS IN SILVER OZ STANDING FOR OCTOBER, iii) STRONG COMEX LOSS AND iv) SOME LONG LIQUIDATION YOU CAN BET THE FARM THAT OUR BANKERS ARE DESPERATE TO LIQUIDATE THEIR HUGE SHORT POSITIONS IN SILVER..
We have now switched to silver for our spreaders!!
FOR DETAILS ON THE SPREADING EXERCISE HERE IS A BRIEF OUTLINE:
SPREADING OPERATIONS/NOW SWITCHING TO SILVER (WE SWITCH OVER TO GOLD ON NOV 1)
SPREADING OPERATION FOR OUR NEWCOMERS:
FOR NEWCOMERS, HERE ARE THE DETAILS:
SPREADING LIQUIDATION HAS NOW COMMENCED IN SILVER AS WE HEAD TOWARDS THE NEW ACTIVE FRONT MONTH OF NOV.
FOR THOSE OF YOU WHO ARE NEW, HERE IS THE MODUS OPERANDI OF THE SPREADERS AND THE CRIMINAL ELEMENT BEHIND IT:
HERE IS A BRIEF SYNOPSIS OF HOW THE CROOKS FLEECE UNSUSPECTING LONGS IN THE SPREADING ENDEAVOUR;
THE SPREADING LIQUIDATION OPERATION IS NOW OVER FOR GOLD..AND WE WILL NOW MORPH INTO AN ACCUMULATION PHASE OF SPREADING CONTRACTS FOR SILVER. THEY WILL ACCUMULATE CONSIDERABLE AMOUNT OF THE CONTRACTS AND THEN LIQUIDATE ONE WEEK PRIOR TO FIRST DAY NOTICE
MODUS OPERANDI OF THE CORRUPT BANKERS AS TO HOW THEY HANDLE THEIR SPREAD OPEN INTERESTS:
.
AS I HAVE MENTIONED IN PREVIOUS COMMENTARIES:
“AS YOU WILL SEE, THE CROOKS WILL NOW SWITCH TO SILVER AS THEY INCREASE THE OPEN INTEREST FOR THE SPREADERS. THE TOTAL COMEX GOLD OPEN INTEREST WILL RISE FROM NOW ON UNTIL ONE WEEK PRIOR TO FIRST DAY NOTICE AND THAT IS WHEN THEY START THEIR CRIMINAL LIQUIDATION.
HERE IS HOW THE CROOKS USED SPREADING AS WE ARE NOW INTO THE NON ACTIVE DELIVERY MONTH OF OCT. HEADING TOWARDS THE NON ACTIVE DELIVERY MONTH OF NOV FOR GOLD:
YOU WILL ALSO NOTICE THAT THE COMEX OPEN INTEREST STARTS TO RISE IN THIS NON ACTIVE MONTH OF OCT. BUT SO IS THE OPEN INTEREST OF SPREADERS. THE OPEN INTEREST IN SILVER WILL CONTINUE TO RISE UNTIL ONE WEEK BEFORE FIRST DAY NOTICE OF AN UPCOMING ACTIVE DELIVERY MONTH (OCT), 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.”
HISTORICAL ACCUMULATION OF EXCHANGE FOR PHYSICALS
OCT
ACCUMULATION FOR EFP’S/SILVER/J.P.MORGAN’S HOUSE OF BRIBES, / STARTING FROM FIRST DAY /FOR MONTH OF OCT:
421 CONTRACTS (FOR 1 TRADING DAY(S) TOTAL 421 CONTRACTS) OR 2.105 MILLION OZ: (AVERAGE PER DAY: 421 CONTRACTS OR 2.105 MILLION OZ/DAY)
TO GIVE YOU AN IDEA AS TO THE HUGE SUPPLY THIS MONTH IN SILVER: SO FAR THIS MONTH OF OCT: 2.105 MILLION PAPER OZ HAVE MORPHED OVER TO LONDON. THIS REPRESENTS AROUND 0.30% OF ANNUAL GLOBAL PRODUCTION (EX CHINA EX RUSSIA)* JUNE’S 345.43 MILLION OZ IS THE SECOND HIGHEST RECORDED ISSUANCE OF EFP’S AND IT FOLLOWED THE RECORD SET IN APRIL 2018 OF 385.75 MILLION OZ.
ACCUMULATION IN YEAR 2020 TO DATE SILVER EFP’S: 1,459.15 MILLION OZ.
JANUARY 2020 EFP TOTALS SO FAR: 181.61 MILLION OZ
FEB 2020 EFP’S TOTAL : …… 259.600 MILLION OZ
MARCH EFP’S ….. 452.280 MILLION OZ //TOTALS//AND A NEW RECORD FOR THE MONTH)
APRIL EFP 95.355 MILLION OZ. (EX. FOR PHYSICALS BECOMING A LOT LESS)
MAY EFP FINAL: 77.27 MILLION OZ
JUNE EFP 71.15 MILLION OZ.
JULY EFP 133.95 MILLION OZ/ (EXCHANGE FOR PHYSICALS STARTING TO RISE EXPONENTIALLY AGAIN)
AUGUST EFP 127.46 MILLION OZ (EXCHANGE FOR PHYSICALS STARTING TO DECREASE AGAIN)
SEPT EFP 78.360 MILLION OZ (EXCHANGE FOR PHYSICALS DRAMATICALLY FALLING OFF A CLIFF)
OCT EFP 2.105 MILLION OZ
RESULT: WE HAD A STRONG SIZED DECREASE IN COMEX OI SILVER COMEX CONTRACTS OF 2480, WITH OUR STRONG $0.96 FALL IN SILVER PRICING AT THE COMEX ///WEDNESDAY.…THE CME NOTIFIED US THAT WE HAD A WEAK SIZED EFP ISSUANCE OF 421 CONTRACTS WHICH EXITED OUT OF THE SILVER COMEX TO LONDON AS FORWARDS.
TODAY WE LOST A STRONG SIZED 2059 OI CONTRACTS ON THE TWO EXCHANGES (WITH OUR $0.96 FALL IN PRICE)//
THE TALLY//EXCHANGE FOR PHYSICALS
i.e 421 OPEN INTEREST CONTRACTS HEADED FOR LONDON (EFP’s) TOGETHER WITH A STRONG SIZED DECREASE OF 2,480 OI COMEX CONTRACTS. AND ALL OF THIS DEMAND HAPPENED WITH OUR $0.96 FALL IN PRICE OF SILVER/AND A CLOSING PRICE OF $23.39 // WEDNESDAY’S TRADING. YET WE STILL HAVE A STRONG AMOUNT OF SILVER STANDING AT THE COMEX FOR DELIVERY.
In ounces AT THE COMEX, the OI is still represented by JUST UNDER 1 BILLION oz i.e. 0.774 BILLION OZ TO BE EXACT or 110% of annual global silver production (ex Russia & ex China).
FOR THE NEW AUGUST DELIVERY MONTH/ THEY FILED AT THE COMEX: 19 NOTICE(S) FOR 95,000 OZ OF SILVER.
IN SILVER,PRIOR TO TODAY, WE SET THE NEW COMEX RECORD OF OPEN INTEREST AT 244,196 CONTRACTS ON AUG 22.2018. AND AGAIN THIS HAS BEEN SET WITH A LOW PRICE OF $14.70//TODAY’S RECORD OF 244,705 WAS SET WITH A PRICE OF: 18.91 (FEB 25/2020)
ON THE DEMAND SIDE WE HAVE THE FOLLOWING:
HUGE AMOUNTS OF SILVER STANDING FOR DELIVERY (MARCH/2018: 27 MILLION OZ , APRIL/2018 : 2.485 MILLION OZ MAY: 36.285 MILLION OZ ; JUNE/2018 (5.420 MILLION OZ) , JULY 2018 FINAL AMOUNT STANDING: 30.370 MILLION OZ ) FOR AUGUST 6.065 MILLION OZ. , SEPT: A HUGE 39.505 MILLION OZ./ OCTOBER: 2,520,000 oz NOV AT 7.440 MILLION OZ./ DEC. AT 21.925 MILLION OZ JANUARY AT 5.825 MILLION OZ.AND FEB 2019: 2.955 MILLION OZ/ MARCH: 27.120 MILLION OZ/ APRIL AT 3.875 MILLION OZ/ A MAY: 18.845 MILLION OZ ..JUNE 2.660 MILLION OZ//JULY 22.605 MILLION OZ; AUGUST 10.025 MILLION OZ/ SEPT 43.030 MILLION OZ//OCT: 7.665 MILLION OZ// NOV: 2.630 MILLION OZ//DEC: 20.970 MILLION OZ; JAN: 5.075 MILLION OZ.//FEB 1.480 MILLION OZ//MAR: 23.005 MILLION OZ/APRIL 4.660 MILLION OZ//MAY 45.220 MILLION OZ//JUNE: 2.205 MILLION OZ// JULY 86.470 million oz//AUGUST 6.475 MILLION OZ//SEPT. 55.400 MILLION OZ// OCTOBER: 8.465 MILLION OZ// THE RECORD PRIOR TO TODAY WAS SET IN FEB 25/2018: 244,710 CONTRACTS, WITH A SILVER PRICE OF $18.90//. HUGE ANNUAL EFP’S ISSUANCE EQUAL TO 2.9 BILLION OZ OR 400% OF SILVER ANNUAL PRODUCTION/2017 RECORD SETTING EFP ISSUANCE FOR ANY MONTH IN SILVER; APRIL/2018/ 385.75 MILLION OZ/ AND THE SECOND HIGHEST RECORDED EFP ISSUANCE JUNE 2018 345.43 MILLION OZ
AND YET, WITH THE EXTREMELY HIGH EFP ISSUANCE, WE HAVE A CONTINUAL LOW PRICE OF SILVER DESPITE THE ABOVE HUGE DEMAND. TO ME THE ONLY ANSWER IS THAT WE HAVE SOVEREIGN (CHINA) WHO IS ENDEAVOURING TO GOBBLE UP ALL AVAILABLE PHYSICAL SILVER NO MATTER WHERE, EXACTLY WHAT J.P.MORGAN IS DOING. AND IT IS MY BELIEF THAT J.P.MORGAN IS HOLDING ITS SILVER FOR ITS BENEFICIAL OWNER..THE USA GOVERNMENT WHO IN TURN IS HOLDING THAT SILVER FOR CHINA.(FOR A SILVER LOAN REPAYMENT)
GOLD
IN GOLD, THE COMEX OPEN INTEREST FELL BY A CONSIDERABLE 6,429 CONTRACTS TO 556,656 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 CONSIDERABLE SIZED LOSS IN COMEX OI OCCURRED WITH OUR VERY LOSS IN PRICE OF $6.80 /// COMEX GOLD TRADING// WEDNESDAY. WE HAVE NOW CONCLUDED OUR SPREADER LIQUIDATION WITH TODAY’S READING.//WE PROBABLY HAD SOME BANKER/ALGO SHORT COVERING ACCOMPANYING OUR SMALL EXCHANGE FOR PHYSICAL ISSUANCE. WE PROBABLY HAD MINOR LONG LIQUIDATION….THIS ALL HAPPENED WITH OUR FALL IN PRICE OF $6.80.
WE HAD A VOLUME OF 0 4 -GC CONTRACTS//OPEN INTEREST 81//
WE HAD A CONSIDERABLE LOSS OF 5468 CONTRACTS (17.00 TONNES) ON OUR TWO EXCHANGES..
E.F.P. ISSUANCE
THE CME RELEASED THE DATA FOR EFP ISSUANCE AND IT TOTALED A SMALL SIZED 961 CONTRACTS:
CONTRACT .; OCT: 0 DEC: 961; FEB: 0 ALL OTHER MONTHS ZERO//TOTAL: 961. The NEW COMEX OI for the gold complex rests at 555,967. ALSO REMEMBER THAT THERE WILL BE A DELAY IN THE ISSUANCE OF EFP’S. THE BANKERS REMOVE LONG POSITIONS OF COMEX GOLD IMMEDIATELY. THEN THEY ORCHESTRATE THEIR PRIVATE EXCHANGE DEAL WITH THE LONGS AND THAT COULD TAKE AN ADDITIONAL, 48 HRS SO WE GENERALLY DO NOT GET A MATCH WITH RESPECT TO DEPARTING COMEX LONGS AND NEW EFP LONG TRANSFERS. . EVEN THOUGH THE BANKERS ISSUED THESE MONSTROUS EFPS, THE OBLIGATION STILL RESTS WITH THE BANKERS TO SUPPLY METAL BUT IT TRANSFERS THE RISK TO A LONDON BANKER OBLIGATION AND NOT A NEW YORK COMEX OBLIGATION. LONGS RECEIVE A FIAT BONUS TOGETHER WITH A LONG LONDON FORWARD. THUS, BY THESE ACTIONS, THE BANKERS AT THE COMEX HAVE JUST STATED THAT THEY HAVE NO APPRECIABLE METAL!! THIS IS A MASSIVE FRAUD: THEY CANNOT SUPPLY ANY METAL TO OUR COMEX LONGS BUT THEY ARE QUITE WILLING TO SUPPLY MASSIVE NON BACKED GOLD (AND SILVER) PAPER KNOWING THAT THEY HAVE NO METAL TO SATISFY OUR LONGS. LONDON IS NOW SEVERELY BACKWARD IN BOTH GOLD AND SILVER AND WE ARE WITNESSING DELAYS IN ACTUAL DELIVERIES.
IN ESSENCE WE HAVE A CONSIDERABLE SIZED DECREASE IN TOTAL CONTRACTS ON THE TWO EXCHANGES OF 5468 CONTRACTS: 6429 CONTRACTS DECREASED AT THE COMEX AND 961 EFP OI CONTRACTS WHICH NAVIGATED OVER TO LONDON. THUS TOTAL OI LOSS OF 5468 CONTRACTS OR 17.00 TONNES.
CALCULATIONS ON GAIN/LOSS ON OUR TWO EXCHANGES:
WE HAD A SMALL SIZED ISSUANCE IN EXCHANGE FOR PHYSICALS (961) ACCOMPANYING THE CONSIDERABLE SIZED LOSS IN COMEX OI (6429 OI): TOTAL LOSS IN THE TWO EXCHANGES: 5468 CONTRACTS. WE NO DOUBT HAD 1 ) SOME BANKER SHORT COVERING AND CONSIDERABLE ALGO SHORT COVERING ,2.)A HUGE STANDING AND A GOOD INCREASE AT THE GOLD COMEX FOR THE FRONT OCT. MONTH TO 95.138 TONNES) 3) SOME LONG LIQUIDATION ;4) CONSIDERABLE COMEX OI LOSS AND 5) SMALL ISSUANCE OF EXCHANGE FOR PHYSICAL AND 6) CONCLUSION OF OUR SPREADER LIQUIDATION…/ AND …ALL OF THIS WAS COUPLED WITH OUR STRONG LOSS IN GOLD PRICE TRADING//WEDNESDAY//$6.80.
WE ARE BEGINNING TO WITNESS A LACK OF EXCHANGE FOR GOLD PHYSICALS UNDERWRITTEN DUE TO PREMIUMS STARTING TO REAPPEAR IN THE FUTURE PRICE OF GOLD VS LONDON SPOT. THE COST TO THE BANKERS IS JUST TOO GREAT TO ENGAGE IN THESE VEHICLES ONCE THIS OCCURS.
HISTORICAL ACCUMULATION OF EXCHANGE FOR PHYSICALS IN 2020 INCLUDING TODAY
OCT.ACCUMULATION OF EFP’S GOLD AT J.P. MORGAN’S HOUSE OF BRIBES: (EXCHANGE FOR PHYSICAL) FOR THE MONTH OF OCT : 961, CONTRACTS OR 96100 oz OR 2,989TONNES (1 TRADING DAY(S) AND THUS AVERAGING: 961 EFP CONTRACTS PER TRADING DAY
TO GIVE YOU AN IDEA AS TO THE SIZE OF THESE EFP TRANSFERS : THIS MONTH IN 1 TRADING DAY(S) IN TONNES: 2.989 TONNES
TOTAL ANNUAL GOLD PRODUCTION, 2019, THROUGHOUT THE WORLD EX CHINA EX RUSSIA: 3555 TONNES
THUS EFP TRANSFERS REPRESENTS 2.989/3550 x 100% TONNES =0.080% OF GLOBAL ANNUAL PRODUCTION
ACCUMULATION OF GOLD EFP’S YEAR 2020 TO DATE: 3,566.01 TONNES
JANUARY 2220 TOTAL EFP ISSUANCE; : 570.19 TONNES
FEB 2020 TOTAL EFP ISSUANCE : 653.78 TONNES
MARCH TOTAL EFP ISSUANCE 1,098.93 TONNES (*AND A NEW ALL TIME RECORD ISSUANCE//22 DAYS)
APRIL TOTAL EFP. ISSUANCE: 243.45 TONNES (EFP ISSUANCE BECOMING A LOT LESS)
MAY TOTAL EFP ISSUANCE: 248.68 TONNES (EFP ISSUANCE STILL LOW// PREMIUM COST TO THE BANKERS IS HUGE..SO ISSUANCE IS LESS)
JUNE TOTAL EFP ISSUANCE: 192.06 TONNES (EFP ISSUANCE EXTREMELY LOW)
JULY TOTAL EFP ISSUANCE; 313.09 TONNES ..(EXCHANGE FOR PHYSICALS REVERSE COURSE AND ARE NOW INCREASING!)
AUGUST TOTAL EFP ISSUANCE; 150.78 TONNES FINAL (AGAIN: RETREATING IN NUMBERS)
SEPT TOTAL EFP ISSUANCE: 178.49 TONNES (EFP’s AGAIN RISING DUE TO BACKWARDATION/LOWER FUTURE PREMIUMS//THUS LESS COST TO CARRY)
OCT TOTAL EFP ISSUANCE. 2.989 TONNES
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.
GOLD $1910.10 UP $19.70 The quote is London spot price
Silver:$24.05 UP $0.66 London spot price ( cash market)
your data…
Closing access prices: London spot
i)Gold : $1905.40 LONDON SPOT 4:30 pm
ii)SILVER: $23.76//LONDON SPOT 4:30 pm
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CLOSING FUTURES PRICES: KEY MONTHS
OCT GOLD: 1906.80 CLOSE 1.30 PM// SPREAD SPOT/FUTURE OCT /: $$3.70 BACKWARD!! A MAGNET FOR LONDON PURCHASERS OF GOLD!1
DEC. GOLD $1916.80 CLOSE 1.30 PM SPREAD SPOT/FUTURE DEC $6.70/ CONTANGO ( $0.70 ABOVE NORMAL CONTANGO) //
CLOSING SILVER FUTURE MONTH
SILVER NOV COMEX CLOSE; $24.16…1:30 PM.//SPREAD SPOT/FUTURE SEPT// : ( 11 CENTS CONTANGO/ABOVE NORMAL CONTANGO//)
SILVER DECEMBER CLOSE: $24.20 1:30 PM SPREAD SPOT/FUTURE DEC. : 15 CENTS PER OZ CONTANGO ( 3 CENTS ABOVE NORMAL CONTANGO)
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COMEX DATA
JPMorgan has been receiving gold with reckless abandon and sometimes supplying (stopping)
receiving today: 1815/5949
EXCHANGE: COMEX
CONTRACT: OCTOBER 2020 COMEX 100 GOLD FUTURES
SETTLEMENT: 1,887.500000000 USD
INTENT DATE: 09/30/2020 DELIVERY DATE: 10/02/2020
FIRM ORG FIRM NAME ISSUED STOPPED
____________________________________________________________________________________________
072 C GOLDMAN 315
099 H DB AG 170
104 C MIZUHO 43
118 H MACQUARIE FUT 269
132 C SG AMERICAS 3 34
135 H RAND 2
323 C HSBC 5
332 H STANDARD CHARTE 75
355 C CREDIT SUISSE 72
435 H SCOTIA CAPITAL 5
624 C BOFA SECURITIES 7
657 C MORGAN STANLEY 7 289
657 H MORGAN STANLEY 289
661 C JP MORGAN 5900 1535
661 H JP MORGAN 280
690 C ABN AMRO 277
709 C BARCLAYS 1093
709 H BARCLAYS 1008
732 C RBC CAP MARKETS 10
737 C ADVANTAGE 4
800 C MAREX SPEC 8 80
880 C CITIGROUP 49
905 C ADM 31 38
____________________________________________________________________________________________
TOTAL: 5,949 5,949
MONTH TO DATE: 12,391
issued: 5900
GOLDMAN SACHS STOPPED 315 CONTRACTS.
NUMBER OF NOTICES FILED TODAY FOR OCT. CONTRACT: 5949 NOTICE(S) FOR 594900 OZ (18.503 tonnes)
TOTAL NUMBER OF NOTICES FILED SO FAR: 12,391 NOTICES FOR 1,239,100 OZ (38.54 tonnes)
SILVER//OCTOBER CONTRACT
19 NOTICE(S) FILED TODAY FOR 95,000 OZ/
total number of notices filed so far this month: 1045 for 5.226 MILLION oz
BITCOIN MORNING QUOTE $10,863 UP 111
BITCOIN AFTERNOON QUOTE.: $10,799 DOWN 192 DOLLARS .
GLD AND SLV INVENTORIES:
WITH GOLD UP $19.70 AND NO PHYSICAL TO BE FOUND ANYWHERE:
WITH ALL REFINERS CLOSED//MEXICO ORDERING ALL MINES SHUT: WHERE ARE THEY GETTING THE “PHYSICAL?
NO CHANGE IN GOLD INVENTORY AT THE GLD//
GLD: 1,268.89 TONNES OF GOLD//
WITH SILVER UP 66 CENTS TODAY: AND WITH NO SILVER AROUND:
A HUGE WITHDRAWAL OF 1.489 MILLION OZ FROM THE SLV//
SLV: 549.116 MILLION OZ./
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Let us have a look at the data for today
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IN SILVER THE COMEX OI FELL BY A STRONG 2480 CONTRACTS FROM 157,308 DOWN TO 154,828, AND FURTHER FROM OUR NEW RECORD OF 244,710, (FEB 25/2020. THE LOSS IN OI OCCURRED WITH OUR $0.96 LOSS IN SILVER PRICING AT THE COMEX. IT SEEMS THAT THE LOSS IN COMEX OI IS DUE TO CONSIDERABLE BANKER AND ALGO SHORT COVERING.. COUPLED AGAINST A WEAK EXCHANGE FOR PHYSICAL. WE ALSO HAD SOME LONG LIQUIDATION, AND A SMALL LOSS FOR SILVER STANDING AT THE COMEX FOR OCT. WE HAD A STRONG NET LOSS IN OUR TWO EXCHANGES OF 2059 CONTRACTS (SEE CALCULATIONS BELOW).
WE WERE NOTIFIED THAT WE HAD A TINY NUMBER OF COMEX LONGS TRANSFERRING THEIR CONTRACTS TO LONDON THROUGH THE EFP ROUTE: 961, AS WE HAD THE FOLLOWING ISSUANCE: OCT 0; DEC: 961, MARCH 0 FOR ZERO ALL OTHER MONTHS AND THEREFORE TOTAL ISSUANCE 961 CONTRACTS. THE BANKERS ARE NOW BEING BITTEN BY THOSE SERIAL FORWARDS (EFP’S CIRCULATING IN LONDON)AS THEY ARE NOW BEING EXERCISED AND COMING BACK TO NEW YORK FOR REDEMPTION OF METAL. THE COST TO SERVICE THESE SERIAL FORWARDS IS HIGH TO OUR BANKERS BUT THEY HAVE NO CHOICE BUT TO ISSUE A FEW OF THEM!
HISTORY OF SILVER OZ STANDING AT THE COMEX FOR THE PAST 26 MONTHS.
JUNE/2018. (5.420 MILLION OZ);
FOR JULY: 30.370 MILLION OZ
FOR AUG., 6.065 MILLION OZ
FOR SEPT. 39.505 MILLION OZ S
FOR OCT.2.525 MILLION OZ.
FOR NOV: A HUGE 7.440 MILLION OZ STANDING AND
21.925 MILLION OZ FINALLY STAND FOR DECEMBER.
5.845 MILLION OZ STAND IN JANUARY.
2.955 MILLION OZ STANDING FOR FEBRUARY.:
27.120 MILLION OZ STANDING IN MARCH.
3.875 MILLION OZ STANDING FOR SILVER IN APRIL.
18.845 MILLION OZ STANDING FOR SILVER IN MAY.
2.660 MILLION OZ STANDING FOR SILVER IN JUNE//
22.605 MILLION OZ STANDING FOR JULY
10.025 MILLION OZ INITIAL STANDING IN AUGUST.
43.030 MILLION OZ INITIALLY STANDING IN SEPT. (HUGE)
7.32 MILLION OZ INITIALLY STANDING IN OCT
2.630 MILLION OZ STANDING FOR NOV.
20.970 MILLION OZ FINAL STANDING IN DEC
5.075 MILLION OZ FINAL STANDING IN JAN
1.480 MILLION OZ FINAL STANDING IN FEB
23.005 MILLION OZ FINAL STANDING FOR MAR
4.660 MILLION OZ FINAL STANDING FOR APRIL
45.220 MILLION OZ FINAL STANDING FOR MAY
2.205 MILLION OF FINAL STANDING FOR JUNE
86.470 MILLION OZ FINAL STANDING IN JULY.
6.475 MILLION OZ FINAL STANDING IN AUGUST
55.400 MILLION OZ FINAL STANDING IN SEPT
8.4650 MILLION OZ INITIALLY STANDING IN OCT.
WEDNESDAY, AGAIN OUR CROOKS USED COPIOUS PAPER IN ORDER TO LIQUIDATE SILVER’S PRICE…AND THEY WERE SUCCESSFUL IN KNOCKING THE PRICE OF SILVER DOWN (IT FELL $0.96) ).. AND, OUR OFFICIAL SECTOR/BANKERS WERE SUCCESSFUL IN THEIR ATTEMPT TO FLEECE SOME SILVER LONGS AS WE HAD A CONSIDERABLE LOSS IN OUR TWO EXCHANGES (1999 CONTRACTS). NO DOUBT THE LOSS IN OI WAS DUE TO i)BANKER/ALGO SHORT COVERING. WE ALSO HAD ii) A SMALL ISSUANCE OF EXCHANGE FOR PHYSICALS 2) A SMALL LOSS IN SILVER OZ STANDING FOR OCTOBER, iii) STRONG COMEX LOSS AND iv) SOME LONG LIQUIDATION YOU CAN BET THE FARM THAT OUR BANKERS ARE DESPERATE TO LIQUIDATE THEIR HUGE SHORT POSITIONS IN SILVER..
We have now switched to silver for our spreaders!!
FOR DETAILS ON THE SPREADING EXERCISE HERE IS A BRIEF OUTLINE:
SPREADING OPERATIONS/NOW SWITCHING TO SILVER (WE SWITCH OVER TO GOLD ON NOV 1)
SPREADING OPERATION FOR OUR NEWCOMERS:
FOR NEWCOMERS, HERE ARE THE DETAILS:
SPREADING LIQUIDATION HAS NOW COMMENCED IN SILVER AS WE HEAD TOWARDS THE NEW ACTIVE FRONT MONTH OF NOV.
FOR THOSE OF YOU WHO ARE NEW, HERE IS THE MODUS OPERANDI OF THE SPREADERS AND THE CRIMINAL ELEMENT BEHIND IT:
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HERE IS A BRIEF SYNOPSIS OF HOW THE CROOKS FLEECE UNSUSPECTING LONGS IN THE SPREADING ENDEAVOUR;
THE SPREADING LIQUIDATION OPERATION IS NOW OVER FOR GOLD..AND WE WILL NOW MORPH INTO AN ACCUMULATION PHASE OF SPREADING CONTRACTS FOR SILVER. THEY WILL ACCUMULATE CONSIDERABLE AMOUNT OF THE CONTRACTS AND THEN LIQUIDATE ONE WEEK PRIOR TO FIRST DAY NOTICE
MODUS OPERANDI OF THE CORRUPT BANKERS AS TO HOW THEY HANDLE THEIR SPREAD OPEN INTERESTS:
.
AS I HAVE MENTIONED IN PREVIOUS COMMENTARIES:
“AS YOU WILL SEE, THE CROOKS WILL NOW SWITCH TO SILVER AS THEY INCREASE THE OPEN INTEREST FOR THE SPREADERS. THE TOTAL COMEX GOLD OPEN INTEREST WILL RISE FROM NOW ON UNTIL ONE WEEK PRIOR TO FIRST DAY NOTICE AND THAT IS WHEN THEY START THEIR CRIMINAL LIQUIDATION.
HERE IS HOW THE CROOKS USED SPREADING AS WE ARE NOW INTO THE NON ACTIVE DELIVERY MONTH OF OCT. HEADING TOWARDS THE NON ACTIVE DELIVERY MONTH OF NOV FOR GOLD:
YOU WILL ALSO NOTICE THAT THE COMEX OPEN INTEREST STARTS TO RISE IN THIS NON ACTIVE MONTH OF OCT. BUT SO IS THE OPEN INTEREST OF SPREADERS. THE OPEN INTEREST IN SILVER WILL CONTINUE TO RISE UNTIL ONE WEEK BEFORE FIRST DAY NOTICE OF AN UPCOMING ACTIVE DELIVERY MONTH (OCT), 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.”
HISTORICAL ACCUMULATION OF EXCHANGE FOR PHYSICALS
OCT
ACCUMULATION FOR EFP’S/SILVER/J.P.MORGAN’S HOUSE OF BRIBES, / STARTING FROM FIRST DAY /FOR MONTH OF OCT:
421 CONTRACTS (FOR 1 TRADING DAY(S) TOTAL 421 CONTRACTS) OR 2.105 MILLION OZ: (AVERAGE PER DAY: 421 CONTRACTS OR 2.105 MILLION OZ/DAY)
TO GIVE YOU AN IDEA AS TO THE HUGE SUPPLY THIS MONTH IN SILVER: SO FAR THIS MONTH OF OCT: 2.105 MILLION PAPER OZ HAVE MORPHED OVER TO LONDON. THIS REPRESENTS AROUND 0.30% OF ANNUAL GLOBAL PRODUCTION (EX CHINA EX RUSSIA)* JUNE’S 345.43 MILLION OZ IS THE SECOND HIGHEST RECORDED ISSUANCE OF EFP’S AND IT FOLLOWED THE RECORD SET IN APRIL 2018 OF 385.75 MILLION OZ.
ACCUMULATION IN YEAR 2020 TO DATE SILVER EFP’S: 1,459.15 MILLION OZ.
JANUARY 2020 EFP TOTALS SO FAR: 181.61 MILLION OZ
FEB 2020 EFP’S TOTAL : …… 259.600 MILLION OZ
MARCH EFP’S ….. 452.280 MILLION OZ //TOTALS//AND A NEW RECORD FOR THE MONTH)
APRIL EFP 95.355 MILLION OZ. (EX. FOR PHYSICALS BECOMING A LOT LESS)
MAY EFP FINAL: 77.27 MILLION OZ
JUNE EFP 71.15 MILLION OZ.
JULY EFP 133.95 MILLION OZ/ (EXCHANGE FOR PHYSICALS STARTING TO RISE EXPONENTIALLY AGAIN)
AUGUST EFP 127.46 MILLION OZ (EXCHANGE FOR PHYSICALS STARTING TO DECREASE AGAIN)
SEPT EFP 78.360 MILLION OZ (EXCHANGE FOR PHYSICALS DRAMATICALLY FALLING OFF A CLIFF)
OCT EFP 2.105 MILLION OZ
RESULT: WE HAD A STRONG SIZED DECREASE IN COMEX OI SILVER COMEX CONTRACTS OF 2480, WITH OUR STRONG $0.96 FALL IN SILVER PRICING AT THE COMEX ///WEDNESDAY.…THE CME NOTIFIED US THAT WE HAD A WEAK SIZED EFP ISSUANCE OF 421 CONTRACTS WHICH EXITED OUT OF THE SILVER COMEX TO LONDON AS FORWARDS.
TODAY WE LOST A STRONG SIZED 2059 OI CONTRACTS ON THE TWO EXCHANGES (WITH OUR $0.96 FALL IN PRICE)//
THE TALLY//EXCHANGE FOR PHYSICALS
i.e 421 OPEN INTEREST CONTRACTS HEADED FOR LONDON (EFP’s) TOGETHER WITH A STRONG SIZED DECREASE OF 2,480 OI COMEX CONTRACTS. AND ALL OF THIS DEMAND HAPPENED WITH OUR $0.96 FALL IN PRICE OF SILVER/AND A CLOSING PRICE OF $23.39 // WEDNESDAY’S TRADING. YET WE STILL HAVE A STRONG AMOUNT OF SILVER STANDING AT THE COMEX FOR DELIVERY.
In ounces AT THE COMEX, the OI is still represented by JUST UNDER 1 BILLION oz i.e. 0.774 BILLION OZ TO BE EXACT or 110% of annual global silver production (ex Russia & ex China).
FOR THE NEW AUGUST DELIVERY MONTH/ THEY FILED AT THE COMEX: 19 NOTICE(S) FOR 95,000 OZ OF SILVER.
IN SILVER,PRIOR TO TODAY, WE SET THE NEW COMEX RECORD OF OPEN INTEREST AT 244,196 CONTRACTS ON AUG 22.2018. AND AGAIN THIS HAS BEEN SET WITH A LOW PRICE OF $14.70//TODAY’S RECORD OF 244,705 WAS SET WITH A PRICE OF: 18.91 (FEB 25/2020)
ON THE DEMAND SIDE WE HAVE THE FOLLOWING:
HUGE AMOUNTS OF SILVER STANDING FOR DELIVERY (MARCH/2018: 27 MILLION OZ , APRIL/2018 : 2.485 MILLION OZ MAY: 36.285 MILLION OZ ; JUNE/2018 (5.420 MILLION OZ) , JULY 2018 FINAL AMOUNT STANDING: 30.370 MILLION OZ ) FOR AUGUST 6.065 MILLION OZ. , SEPT: A HUGE 39.505 MILLION OZ./ OCTOBER: 2,520,000 oz NOV AT 7.440 MILLION OZ./ DEC. AT 21.925 MILLION OZ JANUARY AT 5.825 MILLION OZ.AND FEB 2019: 2.955 MILLION OZ/ MARCH: 27.120 MILLION OZ/ APRIL AT 3.875 MILLION OZ/ A MAY: 18.845 MILLION OZ ..JUNE 2.660 MILLION OZ//JULY 22.605 MILLION OZ; AUGUST 10.025 MILLION OZ/ SEPT 43.030 MILLION OZ//OCT: 7.665 MILLION OZ// NOV: 2.630 MILLION OZ//DEC: 20.970 MILLION OZ; JAN: 5.075 MILLION OZ.//FEB 1.480 MILLION OZ//MAR: 23.005 MILLION OZ/APRIL 4.660 MILLION OZ//MAY 45.220 MILLION OZ//JUNE: 2.205 MILLION OZ// JULY 86.470 million oz//AUGUST 6.475 MILLION OZ//SEPT. 55.400 MILLION OZ// OCTOBER: 8.465 MILLION OZ// THE RECORD PRIOR TO TODAY WAS SET IN FEB 25/2018: 244,710 CONTRACTS, WITH A SILVER PRICE OF $18.90//. HUGE ANNUAL EFP’S ISSUANCE EQUAL TO 2.9 BILLION OZ OR 400% OF SILVER ANNUAL PRODUCTION/2017 RECORD SETTING EFP ISSUANCE FOR ANY MONTH IN SILVER; APRIL/2018/ 385.75 MILLION OZ/ AND THE SECOND HIGHEST RECORDED EFP ISSUANCE JUNE 2018 345.43 MILLION OZ
AND YET, WITH THE EXTREMELY HIGH EFP ISSUANCE, WE HAVE A CONTINUAL LOW PRICE OF SILVER DESPITE THE ABOVE HUGE DEMAND. TO ME THE ONLY ANSWER IS THAT WE HAVE SOVEREIGN (CHINA) WHO IS ENDEAVOURING TO GOBBLE UP ALL AVAILABLE PHYSICAL SILVER NO MATTER WHERE, EXACTLY WHAT J.P.MORGAN IS DOING. AND IT IS MY BELIEF THAT J.P.MORGAN IS HOLDING ITS SILVER FOR ITS BENEFICIAL OWNER..THE USA GOVERNMENT WHO IN TURN IS HOLDING THAT SILVER FOR CHINA.(FOR A SILVER LOAN REPAYMENT)
GOLD
IN GOLD, THE COMEX OPEN INTEREST FELL BY A CONSIDERABLE 6,429 CONTRACTS TO 556,656 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 CONSIDERABLE SIZED LOSS IN COMEX OI OCCURRED WITH OUR VERY LOSS IN PRICE OF $6.80 /// COMEX GOLD TRADING// WEDNESDAY. WE HAVE NOW CONCLUDED OUR SPREADER LIQUIDATION WITH TODAY’S READING.//WE PROBABLY HAD SOME BANKER/ALGO SHORT COVERING ACCOMPANYING OUR SMALL EXCHANGE FOR PHYSICAL ISSUANCE. WE PROBABLY HAD MINOR LONG LIQUIDATION….THIS ALL HAPPENED WITH OUR FALL IN PRICE OF $6.80.
WE HAD A VOLUME OF 0 4 -GC CONTRACTS//OPEN INTEREST 81//
WE HAD A CONSIDERABLE LOSS OF 5468 CONTRACTS (17.00 TONNES) ON OUR TWO EXCHANGES..
E.F.P. ISSUANCE
THE CME RELEASED THE DATA FOR EFP ISSUANCE AND IT TOTALED A SMALL SIZED 961 CONTRACTS:
CONTRACT .; OCT: 0 DEC: 961; FEB: 0 ALL OTHER MONTHS ZERO//TOTAL: 961. The NEW COMEX OI for the gold complex rests at 555,967. ALSO REMEMBER THAT THERE WILL BE A DELAY IN THE ISSUANCE OF EFP’S. THE BANKERS REMOVE LONG POSITIONS OF COMEX GOLD IMMEDIATELY. THEN THEY ORCHESTRATE THEIR PRIVATE EXCHANGE DEAL WITH THE LONGS AND THAT COULD TAKE AN ADDITIONAL, 48 HRS SO WE GENERALLY DO NOT GET A MATCH WITH RESPECT TO DEPARTING COMEX LONGS AND NEW EFP LONG TRANSFERS. . EVEN THOUGH THE BANKERS ISSUED THESE MONSTROUS EFPS, THE OBLIGATION STILL RESTS WITH THE BANKERS TO SUPPLY METAL BUT IT TRANSFERS THE RISK TO A LONDON BANKER OBLIGATION AND NOT A NEW YORK COMEX OBLIGATION. LONGS RECEIVE A FIAT BONUS TOGETHER WITH A LONG LONDON FORWARD. THUS, BY THESE ACTIONS, THE BANKERS AT THE COMEX HAVE JUST STATED THAT THEY HAVE NO APPRECIABLE METAL!! THIS IS A MASSIVE FRAUD: THEY CANNOT SUPPLY ANY METAL TO OUR COMEX LONGS BUT THEY ARE QUITE WILLING TO SUPPLY MASSIVE NON BACKED GOLD (AND SILVER) PAPER KNOWING THAT THEY HAVE NO METAL TO SATISFY OUR LONGS. LONDON IS NOW SEVERELY BACKWARD IN BOTH GOLD AND SILVER AND WE ARE WITNESSING DELAYS IN ACTUAL DELIVERIES.
IN ESSENCE WE HAVE A CONSIDERABLE SIZED DECREASE IN TOTAL CONTRACTS ON THE TWO EXCHANGES OF 5468 CONTRACTS: 6429 CONTRACTS DECREASED AT THE COMEX AND 961 EFP OI CONTRACTS WHICH NAVIGATED OVER TO LONDON. THUS TOTAL OI LOSS OF 5468 CONTRACTS OR 17.00 TONNES.
CALCULATIONS ON GAIN/LOSS ON OUR TWO EXCHANGES:
WE HAD A SMALL SIZED ISSUANCE IN EXCHANGE FOR PHYSICALS (961) ACCOMPANYING THE CONSIDERABLE SIZED LOSS IN COMEX OI (6429 OI): TOTAL LOSS IN THE TWO EXCHANGES: 5468 CONTRACTS. WE NO DOUBT HAD 1 ) SOME BANKER SHORT COVERING AND CONSIDERABLE ALGO SHORT COVERING ,2.)A HUGE STANDING AND A GOOD INCREASE AT THE GOLD COMEX FOR THE FRONT OCT. MONTH TO 95.138 TONNES) 3) SOME LONG LIQUIDATION ;4) CONSIDERABLE COMEX OI LOSS AND 5) SMALL ISSUANCE OF EXCHANGE FOR PHYSICAL AND 6) CONCLUSION OF OUR SPREADER LIQUIDATION…/ AND …ALL OF THIS WAS COUPLED WITH OUR STRONG LOSS IN GOLD PRICE TRADING//WEDNESDAY//$6.80.
WE ARE BEGINNING TO WITNESS A LACK OF EXCHANGE FOR GOLD PHYSICALS UNDERWRITTEN DUE TO PREMIUMS STARTING TO REAPPEAR IN THE FUTURE PRICE OF GOLD VS LONDON SPOT. THE COST TO THE BANKERS IS JUST TOO GREAT TO ENGAGE IN THESE VEHICLES ONCE THIS OCCURS.
HISTORICAL ACCUMULATION OF EXCHANGE FOR PHYSICALS IN 2020 INCLUDING TODAY
OCT.ACCUMULATION OF EFP’S GOLD AT J.P. MORGAN’S HOUSE OF BRIBES: (EXCHANGE FOR PHYSICAL) FOR THE MONTH OF OCT : 961, CONTRACTS OR 96100 oz OR 2,989TONNES (1 TRADING DAY(S) AND THUS AVERAGING: 961 EFP CONTRACTS PER TRADING DAY
TO GIVE YOU AN IDEA AS TO THE SIZE OF THESE EFP TRANSFERS : THIS MONTH IN 1 TRADING DAY(S) IN TONNES: 2.989 TONNES
TOTAL ANNUAL GOLD PRODUCTION, 2019, THROUGHOUT THE WORLD EX CHINA EX RUSSIA: 3555 TONNES
THUS EFP TRANSFERS REPRESENTS 2.989/3550 x 100% TONNES =0.080% OF GLOBAL ANNUAL PRODUCTION
ACCUMULATION OF GOLD EFP’S YEAR 2020 TO DATE: 3,566.01 TONNES
JANUARY 2220 TOTAL EFP ISSUANCE; : 570.19 TONNES
FEB 2020 TOTAL EFP ISSUANCE : 653.78 TONNES
MARCH TOTAL EFP ISSUANCE 1,098.93 TONNES (*AND A NEW ALL TIME RECORD ISSUANCE//22 DAYS)
APRIL TOTAL EFP. ISSUANCE: 243.45 TONNES (EFP ISSUANCE BECOMING A LOT LESS)
MAY TOTAL EFP ISSUANCE: 248.68 TONNES (EFP ISSUANCE STILL LOW// PREMIUM COST TO THE BANKERS IS HUGE..SO ISSUANCE IS LESS)
JUNE TOTAL EFP ISSUANCE: 192.06 TONNES (EFP ISSUANCE EXTREMELY LOW)
JULY TOTAL EFP ISSUANCE; 313.09 TONNES ..(EXCHANGE FOR PHYSICALS REVERSE COURSE AND ARE NOW INCREASING!)
AUGUST TOTAL EFP ISSUANCE; 150.78 TONNES FINAL (AGAIN: RETREATING IN NUMBERS)
SEPT TOTAL EFP ISSUANCE: 178.49 TONNES (EFP’s AGAIN RISING DUE TO BACKWARDATION/LOWER FUTURE PREMIUMS//THUS LESS COST TO CARRY)
OCT TOTAL EFP ISSUANCE. 2.989 TONNES
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.
We had 0 deposit into the dealer
total deposit: nil oz
total dealer withdrawals: nil oz
we had 1 deposit into the customer account
i) Into MALCA: 122,077.347 oz
3.79 tonnes
total customer deposit: 122,077.347 oz 3.79 tonnes
we had 2 gold withdrawals from the customer account:
i) Out of Brinks: 224,895.04 oz
ii) Out of Manfra: 5,304.915
total withdrawals; 230,199.955 oz 7.16 tonnes
We had 0 kilobar transactions +
ADJUSTMENTS: 0 //
The front month of OCT registered a total of 24,134 contracts for a LOSS of 6390 contracts. We had 6442 notices filed yesterday so we gained 52 contracts or 5200 additional oz will stand for delivery in this active delivery month of October. In gold we have not seen queue jumping start so early in the month. Thus you can bet the farm that throughout October, the total number of gold oz standing will increase from this level.
November gained 54 contracts to stand at 834.
The big December contract LOST 193 contracts UP to 440,988 contracts..
THE BIG STORY AGAIN TODAY IS THE HIGH OI STANDING FOR OCTOBER (95.138 tonnes). GENERALLY OCTOBER IS A POOR DELIVERY MONTH AS MOST INVESTORS PREFER TO SKIP THIS MONTH AND MOVE STRAIGHT TO DECEMBER. IT LOOKS LIKE SOME MAJOR ENTITY(GOLDMAN SACHS) JUST CANNOT WAIT FOR DECEMBER AS THEY ARE MAKING THEIR MOVE ON OCTOBER FOR PHYSICAL METAL. GOLDMAN SACHS ONE OF THE LEADERS OF THE NEW LONDON LME EXCHANGE NEEDS THE GOLD INVENTORY FOR LIQUIDITY AND INITIAL CONTRIBUTION WITH OTHER MAJOR PLAYERS. THE MAJOR DIFFERENCE BETWEEN THIS MONTH AND OTHER MONTHS IS THAT THIS GOLD STANDING IN OCTOBER WILL LEAVE THE COMEX AND HEAD FOR LONDON.
We had 5949 notices filed today for 594,900 oz OR 18.503 TONNES.FOR THE OCT 2020 CONTRACT MONTH)Today, 0 notice(s) were issued from JPMorgan dealer account and 5900 notices were issued from their client or customer account. The total of all issuance by all participants equates to 5949 contract(s) of which 280 notices were stopped (received) by j.P. Morgan dealer and 1535 notice(s) was (were) stopped/ Received) by j.P.Morgan//customer account and 315 notices received (stopped) by the squid (Goldman Sachs)
To calculate the INITIAL total number of gold ounces standing for the OCT /2020. contract month, we take the total number of notices filed so far for the month (12,391) x 100 oz , to which we add the difference between the open interest for the front month of OCT (24,134 CONTRACTS ) minus the number of notices served upon today (5949 x 100 oz per contract) equals 3,057,600 OZ OR 95.104 TONNES) the number of ounces standing in this active month of JUNE
thus the INITIAL standings for gold for the OCT/2020 contract month:
No of notices filed so far (12,391, x 100 oz +24,134 OI) for the front month minus the number of notices served upon today (5949) x 100 oz which equals 3,057,600 oz standing OR 95.104 TONNES in this active delivery month. This is a HUGE amount for gold standing for a OCT delivery month (a poor active delivery month).
We gained 52 contracts or an additional 5200 oz will stand on this side of the pond searching for metal.
NEW PLEDGED GOLD: BRINKS
592,648.822 oz NOW PLEDGED SEPT 15.2020/HSBC 18.433 TONNES ( A HUGE INCREASE FROM 10.6)
42,548.308.00 PLEDGED APRIL 3/2020: SCOTIA: 1.3234 tonnes
deleted Int. Delaware pledge July 7 (600 tonnes)
277,934.09 oz (some deleted august 3) JPM 8.644 TONNES
610,238.285 oz pledged June 12/2020 Brinks/ july 2/july 21 19.017 tonnes
51,084.609 oz Pledged August 21/regular account 1.588 tonnes jpm
total pledged gold: 1,574,454.119 oz 48.97 tonnes
SURPRISINGLY WE HAVE BEEN WITNESSING NO REAL PHYSICAL GOLD ENTERING THE COMEX VAULTS FOR THE PAST YEAR!! ..ONLY PHONY KILOBAR ENTRIES…. WE HAVE 471.05 TONNES OF REGISTERED GOLD WHICH CAN SETTLE UPON LONGS i.e. 94.95 tonnes
CALCULATION OF REGISTERED GOLD THAT CAN BE SETTLED UPON:total registered or dealer 16,718,763.723 oz or 520.02 tonnestotal weight of pledged: 1,574,454.119 oz or 48.97 tonnesthus:registered gold that can be used to settle upon: 15,144,309.0 (471,05 tonnes)true registered gold (total registered – pledged tonnes 15,144,309.0 (471.05 tonnes)total eligible gold: 20,075,024.071 oz (624.41 tonnes)
total registered, pledged and eligible (customer) gold 36,793,787.794 oz 1,144.44 tonnes (INCLUDES 4 GC GOLD)
total 4 GC gold: 126.34 tonnes
total gold net of 4 GC: 1018.10 tonnes
end
I have compiled data with respect to registered (or dealer) gold taken on first day notice for each of the past 24 months
The data begins on first day notice for the May month taken on the last day of July 2018. and it continues to present day.
I then took, how many deliveries were recorded by the CME for each and every month. I also included for reference the price of gold on first day notice.
The first graph is a logarithmic graph and the second graph, linear.
You can see the huge explosion of registered gold at the comex along with deliveries.
THE DATA AND GRAPHS:
THE GOLD COMEX SEEMS TO BE UNDER SEVERE ASSAULT FOR PHYSICAL
ENDOCT 1/2020
And now for the wild silver comex results
And now for the wild silver comex results
INITIAL STANDINGS
OCT. SILVER COMEX CONTRACT MONTH//INITIAL STANDING
We had 0 deposits into the dealer:
total dealer deposits: nil oz
i) We had 0 dealer withdrawal
total dealer withdrawals: nil oz
we had 2 deposits into the customer account (ELIGIBLE ACCOUNT)
i)into JPMorgan: 1,164,086.36 oz
ii) Into BRINKS: 2,175,325.420
JPMorgan now has 186.1 million oz of total silver inventory or 49.29% of all official comex silver. (186.1 million/377.513 million
total customer deposits today: 3,339,411.780 oz
we had 2 withdrawals:i) Out of DELAWARE 24,351.200 ozii) Out of Manfra; 1,004,723.430 oz
total withdrawals; 1,029.074.630 oz
We had 1 adjustments/ customer to dealer
i) Brinks: 567,751.920
Total dealer(registered) silver: 140.381 million oz
total registered and eligible silver: 377.513 million oz
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October had 667 notices outstanding for a loss of 1037 contracts. We had 1026 notices served upon yesterday so we lost 11 contracts or 55,000 additional oz of silver will not stand in this non active month of October.
November saw a gain of 18 notices up to 291 contracts.
December saw a loss of 2021 contracts up to 131,768 contracts.
The total number of notices filed today for the OCT 2020. contract month is represented by 19 contract(s) FOR 95,000 oz
To calculate the number of silver ounces that will stand for delivery in OCT we take the total number of notices filed for the month so far at 1045 x 5,000 oz = 5,225,000 oz to which we add the difference between the open interest for the front month of OCT( 667) and the number of notices served upon today 19x (5000 oz) equals the number of ounces standing.
Thus the INITIAL standings for silver for the OCT/2019 contract month: 1,045 (notices served so far) x 5000 oz + OI for front month of SEPT (667)- number of notices served upon today (19) x 5000 oz of silver standing for the OCT contract month .equals 8,465,000 oz. ..VERY STRONG FOR A NON ACTIVE MONTH.
We lost 11 contracts or 55,000 oz will not stand for silver metal on this side of the pond as they morphed into a London based forward and received a fiat bonus for their efforts.
TODAY’S ESTIMATED SILVER VOLUME : 69,149 CONTRACTS // volume rather slow//
FOR YESTERDAY 97,254 ,CONFIRMED VOLUME// strong/
YESTERDAY’S CONFIRMED VOLUME OF 97,254 CONTRACTS EQUATES to 0.486 billion OZ 69.4% OF ANNUAL GLOBAL PRODUCTION OF SILVER..
COMMODITY LAW SUGGESTS THAT OPEN INTEREST SHOULD NOT BE MORE THAN 3% OF ANNUAL GLOBAL PRODUCTION. THE CROOKS ARE SUPPLYING MASSIVE PAPER TRYING TO KEEP SILVER IN CHECK.
The record level of silver open interest is 234,787 contracts set on April 21./2017 with the price at that day at $18.42. The previous record was 224,540 contracts with the price at that time of $20.44
end
NPV for Sprott
1. Sprott silver fund (PSLV): NAV FALLS TO- 1.12% ((OCT 1/2020)
2. Sprott gold fund (PHYS): premium to NAV FALLS TO -1.12% to NAV: (OCT 1/2020 )
Note: Sprott silver trust back into NEGATIVE territory at +%-/Sprott physical gold trust is back into NEGATIVE/1.12%
(courtesy Sprott/GATA
3. SPROTT CEF .A FUND (FORMERLY CENTRAL FUND OF CANADA):
NAV 19.32 TRADING 18.67///NEGATIVE 3.35
END
And now the Gold inventory at the GLD/
OCT 1/WITH GOLD UP $19.70 TODAY: NO CHANGES IN GOLD INVENTORY AT THE GLD//INVENTORY RESTS AT 1268.89 TONNES
SEPT 30//WITH GOLD DOWN $6.80 TODAY, NO CHANGES IN GOLD INVENTORY AT THE GLD//INVENTORY RESTS AT 1268.89 TONNES
SEPT 29/WITH GOLD UP $19.10//NO CHANGES IN GOLD INVENTORY AT THE GLD//INVENTORY RESTS AT 1268.89 TONNES
/SEPT 28//WITH GOLD UP $14.30 DOLLARS: A HUGE CHANGE IN GOLD INVENTORY AT THE GLD: A DEPOSIT OF 2.05 TONNES INTO THE GLD//INVENTORY RESTS AT 1268.89 TONNES
SEPT 25//WITH GOLD DOWN 410.80 TODAY: A SMALL CHANGE IN GOLD INVENTORY AT THE GLD: A WITHDRAWAL OF .3 TONNES FROM THE GLD////INVENTORY RESTS AT 1266.84 TONNES
SEPT 24/WITH GOLD UP $9.80 TODAY:NO CHANGES IN GOLD INVENTORY AT THE GLD//INVENTORY RESTS AT 1267.14TONNES.
SEPT 23//WITH GOLD DOWN $28.00 TODAY//A HUGE CHANGE IN GOLD INVENTORY AT THE GLD: A PAPER WITHDRAWAL OF 11.68 TONNES FROM THE GLD////INVENTORY RESTS AT 1267.14 TONNES
SEPT 22/WITH GOLD DOWN $4.50 TODAY, A MONSTROUS CHANGE IN GOLD INVENTORY AT THE GLD: A DEPOSIT OF 18.98 TONNES OF PAPER GOLD ENTER THE GLD///// INVENTORY RESTS AT 1278.62TONNES
SEPT 21/WITH GOLD DOWN $47.20 TODAY: A HUGE CHANGE IN GOLD INVENTORY AT THE GLD: A DEPOSIT OF 12.94 TONNES INTO THE GLD///INVENTORY RESTS AT 1259.64TONNES
SEPT 18/WITH GOLD UP $10.50 TODAY: NO CHANGES IN GOLD INVENTORY AT THE GLD//INVENTORY RESTS THIS WEEKEND AT: 1246.99 TONNES
SEPT 17/WITH GOLD DOWN $18.05 TODAY: A SMALL CHANGE IN GOLD INVENTORY AT THE GLD: A WITHDRAWAL OF .58 TONNES FROM THE GLD//INVENTORY RESTS AT 1246.99 TONNES
SEPT 16.WITH GOLD UP $4.90 TODAY: NO CHANGE IN GOLD INVENTORY AT THE GLD//INVENTORY RESTS AT 1247.57 TONNES
SEPT 15//WITH GOLD UP $2.25 TODAY: A SMALL CHANGES IN GOLD INVENTORY AT THE GLD: A WITHDRAWAL OF .43 TONNES FROM THE GLD//INVENTORY RESTS AT 1247.57 TONNES
SEPT 14/WITH GOLD DOWN 90 CENTS TODAY: A HUGE CHANGE IN GOLD INVENTORY AT THE GLD: A WITHDRAWAL OF 4.96 TONNES FROM THE GLD////INVENTORY RESTS AT 1248.00 TONNES
SEPT 11/WITH GOLD DOWN $14.80//NO CHANGES IN GOLD INVENTORY AT THE GLD//INVENTORY RESTS AT 1252.96 TONNES
SEPT 10/WITH GOLD UP $8.85 TODAY: A HUGE CHANGES IN GOLD INVENTORY AT THE GLD: A DEPOSIT OF 2.92 TONNES INTO THE GLD////INVENTORY RESTS AT 1252.96 TONNES
SEPT 9/WITH GOLD UP $19.55 TODAY: NO CHANGES IN GOLD INVENTORY AT THE GLD//INVENTORY RESTS AT 1250.04 TONNES
SEPT 8/WITH GOLD UP $8.20 TODAY: NO CHANGES IN GOLD INVENTORY AT THE GLD/INVENTORY RESTS AT 1250.04 TONNES
SEPT 4//WITH GOLD DOWN $3.80 TODAY: NO CHANGES IN GOLD INVENTORY AT THE GLD//INVENTORY RESTS AT 1250.04 TONNES
SEPT 3/WITH GOLD DOWN $7.50 ON THIS 2ND DAY OF A 3 DAY RAID: NO CHANGES IN GOLD INVENTORY AT THE GLD//INVENTORY RESTS AT 1250.04 TONNES
SEPT 2/WITH GOLD DOWN $34.00 TODAY, WE HAVE 2 SMALL CHANGES IN GOLD INVENTORY AT THE GLD: 2 WITHDRAWALS OF .87 TONNES AND.59 TONNES FROM THE GLD////INVENTORY RESTS AT 1250.04 TONNES
SEPT 1/WITH GOLD UP $7.10 TODAY, WE HAVE NO CHANGES IN GOLD INVENTORY AT THE GLD//INVENTORY RESTS AT 1251.50 TONNES
AUGUST 31//WITH GOLD UP $5.90 TODAY/WE HAD NO CHANGES IN GOLD INVENTORY AT THE GLD..//INVENTORY RESTS AT 1251.50 TONNES/
AUGUST 28/WITH GOLD UP $38.20 TODAY, WE SURPRISINGLY HAD A .59 TONNE WITHDRAWAL//INVENTORY RESTS AT 1251.50 TONNES
AUGUST 27/WITH GOLD DOWN 17.50 TODAY: WE HAD A HUGE CHANGE IN GOLD INVENTORY AT THE GLD//A DEPOSIT OF 3.24 TONNES INTO THE GLD//INVENTORY REST AT 1252.09 TONNES
AUGUST 26/WITH GOLD UP $26.70 TODAY/ WE HAD A HUGE CHANGE IN GOLD INVENTORY AT THE GLD: A WITHDRAWAL OF 3.53 TONNES FROM THE GLD//RESTS AT 1248.85 TONNES
AUGUST 25/WITH GOLD DOWN $14.60 TODAY, WE HAD NO CHANGES IN GOLD INVENTORY AT THE GLD//RESTS AT 1252.38 TONNES
AUGUST 24//WITH GOLD DOWN $7.20 TODAY: WE HAD NO CHANGES IN GOLD INVENTORY AT THE GLD: /INVENTORY RESTS AT 1258.38 TONNES
xxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxx
Inventory rests tonight at
OCT 1/ GLD INVENTORY 1268.89 tonnes*
LAST; 911 TRADING DAYS: +329.05 NET TONNES HAVE BEEN ADDED THE GLD
LAST 811 TRADING HAVE NOW BEEN ADDED INTO THE GLD INVENTORY.
end
Now the SLV Inventory/
OCT 1/WITH SILVER UP 66 CENTS TODAY, A BIG CHANGES IN SILVER INVENTORY AT THE SLV: A WITHDRAWAL OF 1.489 MILLION OZ FROM THE SLV////INVENTORY RESTS AT 549.116 MILLION OZ//
SEPT 30//WITH SILVER DOWN 96 CENTS TODAY: A SMALL CHANGE IN SILVER INVENTORY AT THE SLV: A WITHDRAWAL OF 186,000 OZ FROM THE SLV.//INVENTORY RESTS AT 550.605 MILLION OZ..
SEPT 29/WITH SILVER UP 86 CENTS TODAY: NO CHANGES IN SILVER INVENTORY AT THE SLV//INVENTORY RESTS AT 550.791 MILLILON OZ//
SEPT 28//WITH SILVER UP 48 CENTS TODAY: A HUGE DEPOSIT OF 3.769 MILLION OZ CHANGE IN SILVER INVENTORY AT THE SLV//INVENTORY RESTS AT 550.791 MILLION OZ//
SEPT 25/WITH SILVER DOWN 14 CENTS TODAY; A HUGE CHANGE IN SILVER INVENTORY AT THE SLV: 2 TRANSACTIONS: A PAPER WITHDRAWAL OF 8.28 MILION OZ FROM THE SLV AND A DEPOSIT OF 1.861 MILLION OZ INTO THE SLV////INVENTORY RESTS AT 547.022 MILLION OZ//
SEPT 24//WITH SILVER UP 15 CENTS: NO CHANGES IN SILVER INVENTORY AT THE SLV//INVENTORY RESTS AT 553.443 MILLION OZ//
SEPT 23//WITH SILVER DOWN $1.41: A HUGE CHANGE IN SILVER INVENTORY AT THE SLV: A WITHDRAWAL OF 2.048 MILLION OZ FROM THE SLV//INVENTORY RESTS AT 553.443 MILLION OZ///
SEPT 22/WITH SILVER DOWN ONE CENT TODAY: A MONSTROUS CHANGE IN SILVER INVENTORY AT THE SLV: A PAPER DEPOSIT OF 2.141 MILLION OZ////INVENTORY RESTS AT 555.491 MILLION OZ..
SEPT 21/WITH SILVER DOWN $2.43 TODAY: A HUGE CHANGE IN SILVER INVENTORY AT THE SLV A PAPER WITHDRAWAL OF 1.862 MILLION OZ FROM THE SLV////INVENTORY RESTS AT 553.350MILLION OZ//
SEPT 18. WITH SILVER DOWN 7 CENTS TODAY: NO CHANGES IN SILVER INVENTORY AT THE SLV//INVENTORY RESTS AT 555.212 MILLION OZ/
SEPT 17/WITH SILVER DOWN 31 CENTS TODAY: A HUGE CHANGES IN SILVER INVENTORY AT THE SLV: A WITHDRAWAL OF 3.537 MILLION OZ FROM THE SLV////INVENTORY RESTS AT 555.212 MILLION OZ/
SEPT 16//WITH SILVER DOWN 2 CENTS TODAY: NO CHANGES IN SILVER INVENTORY AT THE SLV//INVENTORY RESTS AT 558.749 MILLION OZ//
SEPT 15/WITH SILVER UP 11 CENTS TODAY: A HUGE CHANGE IN SILVER INVENTORY AT THE SLV: A DEPOSIT OF 2.793 MILLION OZ INTO THE SLV..//INVENTORY RESTS AT 558.749 MILLION OZ..
SEPT 14/WITH SILVER UP 47 CENTS TODAY: HUGE CHANGES IN SILVER INVENTORY AT THE SLV: 2 WITHDRAWALS A) 1.675 MILLION OZ AND ANOTHER B) 0.931 MILLION OZ/ FROM THE SLV////INVENTORY RESTS AT 555.956 MILLION OZ//
SEPT 11/WITH SILVER DOWN 39 CENTS TODAY: NO CHANGES IN SILVER INVENTORY AT THE SLV//INVENTORY RESTS AT 558.562 MILLION OZ//
SEPT 10/WITH SILVER UP 16 CENTS TODAY: A HUGE CHANGE IN SILVER INVENTORY AT THE SLV: A WITHDRAWAL OF 2.607 MILLION OZ FROM THE SLV//INVENTORY RESTS AT 558.562 MILLION OZ.
SEPT 9/WITH SILVER UP 6 CENTS TODAY: STRANGE: A HUGE CHANGE IN SILVER INVENTORY AT THE SLV: A WITHDRAWAL OF 3.63 MILLION OZ FROM THE SLV////INVENTORY RESTS AT 561.169 MILLION OZ
SEPT 8/WITH SILVER UP 27 CENTS TODAY; NO CHANGES IN SILVER INVENTORY AT THE SLV//INVENTORY RESTS AT 564.799 MILLION OZ
SEPT 4//WITH SILVER DOWN 15 CENTS TODAY: HUGE CHANGES IN SILVER INVENTORY AT THE SLV: A PAPER WITHDRAWAL OF 3.631 MILLION OZ FROM THE SLV////INVENTORY RESTS AT 564.799 MILLION OZ//
SEPT 3//WITH SILVER DOWN 50 CENTS TODAY: A HUGE CHANGE IN SILVER INVENTORY AT THE SLV: A WITHDRAWAL OF 3.258 MILLION OZ FROM THE SLV////INVENTORY RESTS AT 568.430 MILLION OZ/./
SEPT 2.WITH SILVER DOWN $1.04 TODAY: A HUGE CHANGES IN SILVER INVENTORY AT THE SLV: A WITHDRAWAL OF 2.365 MILLION OZ FROM THE SLV///INVENTORY REST AT 571.688 MILLION OZ.
SEPT 1//WITH SILVER UP 9 CENTS TODAY: NO CHANGES IN SILVER INVENTORY AT THE SLV//INVENTORY RESTS AT 574.053 MILLION OZ//
AUGUST 31/WITH SILVER UP 80 CENTS TODAY: A HUGE CHANGE IN THE SLV//A DEPOSIT OF 2.982 MILLION OZ ENTERS THE SLV/INVENTORY RESTS AT 574.053 MILLION OZ//
AUGUST 28/WITH SILVER UP 48 CENTS TODAY: A MASSIVE PAPER DEPOSIT OF 4.652 MILLION OZ ENTERS THE SLV//INVENTORY RESTS AT 571.071 MILLION OZ
AUGUST 27/WITH SILVER DOWN 28 CENTS TODAY// NO CHANGES IN SILVER INVENTORY AT THE SLV//INVENTORY RESTS AT 566.419 MILLION OZ
AUGUST 26//WITH SILVER UP $1.04 TODAY: A HUGE CHANGE IN SILVER INVENTORY AT THE SLV: A WITHDRAWAL OF 4.65 MILLION OZ FROM THE SLV////INVENTORY RESTS AT 566.419 MILLION OZ..
AUGUST 25/WITH SILVER DOWN 21 CENTS: A HUGE CHANGE IN SILVER INVENTORY AT THE SLV: A WITHDRAWAL OF 2.607 MILLION OZ FROM THE SLV////INVENTORY RESTS AT 571.074 MILLION OZ//
AUGUST 24//WITH SILVER DOWN 18 CENTS TODAY: WE HAD A NO CHANGES//INVENTORY RESTS AT 573.843 MILLION OZ//
OCT 1.2020:
SLV INVENTORY RESTS TONIGHT AT
549.116 MILLION OZ
END


investmentwatchblog--2020-10-03--Farmer Not Allowed to Feed Animals in Australia due to COVID19 Lockdown – Total Madness

Hear one Australian farmer tell how he is locked down , unable to reach his animals to feed them — @ @ @ @ @ him to FLY 43 tons of hay to Sydney .
This is complete madness and @ @ @ @ @ of our food supply .
Spread the word on his behalf — and for all @ @ @ @ @

Hear one Australian farmer tell how he is locked down, unable to reach his animals to feed them — and the government has advised him to FLY 43 tons of hay to Sydney. This is complete madness and does NOTHING but deliberate destruction of our food supply. Spread the word on his behalf — and for all of our future. IceAgeFarmer.com
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investmentwatchblog--2020-10-03--September To Remember? A Debate To Forget, A Bad Month In Stocks, And Silver…Biggest Loser

Stock market finishes the worst September since 2011 .
Silver down on the month , but outperforms stock market on @ @ @ @ @ speculates 35 % collapse in the US dollar in 2021 .
Paying taxes is nobody @ @ @ @ @ Home appraisers aren ’ t racist .
Democrats pissed they can ’ t put black @ @ @ @ @ Biden wins the first debate by simply proving he ’ s not senile .
Trump @ @ @ @ @ .
Biden dodges questions about Supreme Court and Green New Deal .

by Peter Schiff of Peter Schiff Podcast
We are primarily funded by readers. Please subscribe and donate to support us!
Stock market finishes the worst September since 2011.
Silver down on the month, but outperforms stock market on the quarter.
Stephen Roach speculates 35% collapse in the US dollar in 2021.
Paying taxes is nobody’s patriotic duty.
Home appraisers aren’t racist.
Democrats pissed they can’t put black people deeper into debt.
Biden wins the first debate by simply proving he’s not senile.
Trump defends the indefensible about healthcare.
Biden dodges questions about Supreme Court and Green New Deal.