investmentwatchblog--2020-10-06--BIG STORY: Big Bank Cannot Wait Until December For Delivery, Moving In On October Gold!

OCT 5 C//GOLD UP $ 12.00 TO $ 1914.80//SILVER UP 53 CENTS TO $ 24.41//STRONG ADVANCE IN GOLD TONNAGE STANDING : UP TO 95.527 TONNES//OVER 9 MILLION OZ OF SILVER STANDING//TRUMP THERAPY WORKS..HE WILL BE RELEASED FROM WALTER READ TONIGHT//CHINA VS USA : TRUMP STILL ON THE WARPATH//CORONAVIRUS UPDATES SAT .
THROUGH MONDAY// GOLD : $ 1914.80 UP $ 12.00 The quote is London spot price Click here if you wish to send a donation .
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JPMorgan has been receiving gold with reckless abandon and sometimes supplying @ @ @ @ @ @ @ : OCTOBER 2020 COMEX 100 GOLD FUTURES SETTLEMENT : 1,900.200000000 USD INTENT DATE : 10/02/2020 DELIVERY DATE : 10/06/2020 FIRM ORG FIRM NAME ISSUED STOPPED ____________________________________________________________________________________________ 072 C GOLDMAN 1000 188 099 H DB AG 85 104 C MIZUHO 37 118 H MACQUARIE FUT 133 132 C SG AMERICAS 17 135 H RAND 1 323 C HSBC 3 332 H STANDARD CHARTE 38 355 C CREDIT SUISSE 26 435 H SCOTIA CAPITAL 12 624 C BOFA SECURITIES 3 657 C MORGAN STANLEY 240 657 H MORGAN STANLEY 85 661 C JP MORGAN 1000 @ @ @ @ @ @ @ C RJ OBRIEN 15 690 C ABN AMRO 15 121 709 C BARCLAYS 542 709 H BARCLAYS 500 732 C RBC CAP MARKETS 2 737 C ADVANTAGE 2 800 C MAREX SPEC 10 45 880 C CITIGROUP 25 880 H CITIGROUP 935 905 C ADM 20 ____________________________________________________________________________________________ NUMBER OF NOTICES FILED TODAY FOR OCT. CONTRACT : 2975 NOTICE ( S ) FOR 297,500 OZ ( 9.2534 tonnes ) TOTAL NUMBER OF NOTICES FILED SO FAR : 19,381 NOTICES FOR 1,938,100 OZ ( 60.2830 tonnes ) total number of notices filed so far this @ @ @ @ @ @ @ GOLD UP $ 12.00 AND NO PHYSICAL TO BE FOUND ANYWHERE : WITH ALL REFINERS CLOSED//MEXICO ORDERING ALL MINES SHUT : WHERE ARE THEY GETTING THE “ PHYSICAL ?
WITH SILVER UP 53 CENTS TODAY : AND WITH NO SILVER AROUND : Let us have a look at the data for today IN SILVER THE COMEX OI FELL BY A TINY SIZED 161 CONTRACTS FROM 155,402 DOWN TO 155,241 , AND FURTHER FROM OUR NEW RECORD OF 244,710 , ( FEB 25/2020 .
THE LOSS IN OI OCCURRED WITH OUR CONSIDERABLE $ 0.17 @ @ @ @ @ @ @ .
IT SEEMS THAT THE LOSS IN COMEX OI IS DUE TO SOME BANKER AND ALGO SHORT COVERING..
COUPLED AGAINST AN EXTREMELY WEAK EXCHANGE FOR PHYSICAL ( 77 CONTRACTS ) .
WE ALSO HAD NEGILIBLE LONG LIQUIDATION , AND A HUGE INCREASE IN SILVER OUNCES STANDING AT THE COMEX FOR OCT. WE HAD A TINY NET LOSS IN OUR TWO EXCHANGES OF 84 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 : 77 @ @ @ @ @ @ @ : OCT 0 ; DEC : 77 , MARCH 0 FOR ZERO ALL OTHER MONTHS AND THEREFORE TOTAL ISSUANCE 77 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 @ @ @ @ @ @ @ FOR SILVER IN MAY .
FRIDAY , 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 $ 0.17 ) ) .. AND , OUR OFFICIAL SECTOR/BANKERS WERE BASICALLY UNSUCCESSFUL IN THEIR ATTEMPT TO FLEECE ANY SILVER LONGS AS WE HAD A VERY VERY TINY LOSS IN OUR TWO EXCHANGES ( 162 CONTRACTS ) .
NO DOUBT THE LOSS IN OI WAS DUE TO i ) SOME BANKER/ALGO SHORT COVERING .
WE ALSO HAD ii ) @ @ @ @ @ @ @ 2 ) A HUGE GAIN IN SILVER OZ STANDING FOR OCTOBER , iii ) TINY COMEX LOSS AND iv ) ZERO 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 : SPREADING LIQUIDATION HAS NOW COMMENCED @ @ @ @ @ @ @ 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 @ @ @ @ @ @ @ 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 @ @ @ @ @ @ @ 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 @ @ @ @ @ @ @ 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 : 948 CONTRACTS ( FOR 3 TRADING DAY ( S ) TOTAL 948 CONTRACTS ) OR 4.740 MILLION OZ : ( AVERAGE PER DAY : 326 CONTRACTS OR 1.633 MILLION OZ/DAY ) TO GIVE YOU AN IDEA AS @ @ @ @ @ @ @ SILVER : SO FAR THIS MONTH OF OCT : 4.740 MILLION PAPER OZ HAVE MORPHED OVER TO LONDON .
THIS REPRESENTS AROUND 0.677 % OF ANNUAL GLOBAL PRODUCTION ( EX CHINA EX RUSSIA ) * 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 @ @ @ @ @ @ @ OZ ( LOOKS LIKE THEY ARE DROPPING AGAIN IN NUMBERS ) RESULT : WE HAD A TINY SIZED DECREASE IN COMEX OI SILVER COMEX CONTRACTS OF 161 , WITH OUR STRONG $ 0.17 FALL IN SILVER PRICING AT THE COMEX ///FRIDAY.…THE CME NOTIFIED US THAT WE HAD A WEAK SIZED EFP ISSUANCE OF 77 CONTRACTS WHICH EXITED OUT OF THE SILVER COMEX TO LONDON AS FORWARDS .
TODAY WE LOST A TINY SIZED 84 OI CONTRACTS ON THE TWO EXCHANGES ( WITH OUR $ 0.17 FALL IN PRICE ) // i.e 77 OPEN @ @ @ @ @ @ @ ’ s ) TOGETHER WITH A TINY SIZED DECREASE OF 161 OI COMEX CONTRACTS .
AND ALL OF THIS DEMAND HAPPENED WITH OUR $ 0.17 RISE IN PRICE OF SILVER/AND A CLOSING PRICE OF $ 23.88 // FRIDAY ’ 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 .
0.777 BILLION OZ TO BE EXACT or 111 % of annual global silver production ( ex @ @ @ @ @ @ @ THE NEW OCT DELIVERY MONTH/ THEY FILED AT THE COMEX : 161 NOTICE ( S ) FOR 805,000 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 ) AND YET , WITH THE EXTREMELY HIGH EFP ISSUANCE , WE HAVE A CONTINUAL LOW PRICE OF SILVER @ @ @ @ @ @ @ 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 ) IN GOLD , THE COMEX OPEN INTEREST FELL BY A SMALL 3,243 CONTRACTS TO 552,239 AND FURTHER FROM OUR NEW RECORD ( SET JAN 24/2020 ) AT @ @ @ @ @ @ @ SET JAN 6/2020 ) AT 797,110 .
THE SMALL SIZED LOSS IN COMEX OI OCCURRED WITH OUR STRONG LOSS IN PRICE OF $ 9.30 /// COMEX GOLD TRADING// FRIDAY .
WE PROBABLY HAD SOME BANKER/ALGO SHORT COVERING ACCOMPANYING OUR SMALL EXCHANGE FOR PHYSICAL ISSUANCE .
WE PROBABLY HAD NEGIGIBLE LONG LIQUIDATION BUT ANOTHER STRONG INCREASE IN GOLD OUNCES STANDING AT THE COMEX….THIS ALL HAPPENED WITH OUR LOSS IN PRICE OF $ 9.30 .
WE HAD A VOLUME OF 0 4 -GC CONTRACTS//OPEN INTEREST 81// WE HAD A SMALL LOSS OF 1839 CONTRACTS ( @ @ @ @ @ @ @ THE CME RELEASED THE DATA FOR EFP ISSUANCE AND IT TOTALED A SMALL SIZED 1404 CONTRACTS : CONTRACT .
; OCT : 0 DEC : 1404 ; FEB : 0 ALL OTHER MONTHS ZERO//TOTAL : 1404 .
The NEW COMEX OI for the gold complex rests at 552,239 .
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 @ @ @ @ @ @ @ 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 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 !
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THIS IS A MASSIVE FRAUD : THEY @ @ @ @ @ @ @ 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 SMALL SIZED DECREASE IN TOTAL CONTRACTS ON THE TWO EXCHANGES OF 1839 CONTRACTS : 3243 CONTRACTS DECREASED AT THE COMEX AND 1404 EFP OI CONTRACTS WHICH NAVIGATED OVER TO LONDON .
THUS TOTAL OI LOSS OF 1839 CONTRACTS OR 5.720 @ @ @ @ @ @ @ TWO EXCHANGES : WE HAD A SMALL SIZED ISSUANCE IN EXCHANGE FOR PHYSICALS ( 1404 ) ACCOMPANYING THE SMALL SIZE LOSS IN COMEX OI ( 3243 OI ) : TOTAL LOSS IN THE TWO EXCHANGES : 1839 CONTRACTS .
WE NO DOUBT HAD 1 ) SOME BANKER SHORT COVERING AND CONSIDERABLE ALGO SHORT COVERING ,2 . )
A HUGE INCREASE STANDING AT THE GOLD COMEX FOR THE FRONT OCT. MONTH TO 95.527 TONNES ) 3 ) MINOR LONG LIQUIDATION ; 4 ) SMALL COMEX OI LOSS AND 5 ) SMALL ISSUANCE OF EXCHANGE @ @ @ @ @ @ @ WITH OUR STRONG LOSS IN GOLD PRICE TRADING//FRIDAY// $ 9.30 .
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 @ @ @ @ @ @ @ OR 15.166TONNES ( 3 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 3 TRADING DAY ( S ) IN TONNES : 15.166TONNES 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 @ @ @ @ @ @ @ 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 ) OCT TOTAL EFP ISSUANCE .
15.166 TONNES ( LOOKS LIKE THESE ARE DROPPING IN NUMBERS AGAIN ) 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 @ @ @ @ @ @ @ .
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 .
THE TOTAL COMEX GOLD OPEN INTEREST FELL BY BY A SMALL 3243 CONTRACTS TO 552,239 MOVING FURTHER FROM RECORD THAT WAS SET IN JANUARY/2020 : { 799,541 OI ( SET JAN 16/2020 ) } @ @ @ @ @ @ @ SET JAN 7/2020 ) .
AND THIS COMEX INCREASE OCCURRED WITH OUR STRONG FALL OF $ 9.30 IN GOLD PRICING /FRIDAY ’ S COMEX TRADING/ ) .
WE ALSO HAD A SMALL EFP ISSUANCE ( 1404 CONTRACTS ) .
WE ALSO PROBABLY HAD 1 ) SOME CONSIDERABLE BANKER SHORT COVERING , 2 ) NEGIGLIBLE LONG LIQUIDATION AND 3 ) STRONG INCREASE IN GOLD TONNAGE STANDING AT THE COMEX//OCT .
DELIVERY MONTH ( SEE BELOW ) … AS WE ENGINEERED A SMALL SIZED LOSS ON OUR TWO EXCHANGES OF 1839 CONTRACTS .
WE HAVE @ @ @ @ @ @ @ BEING SMALL….. AS IT JUST TOO COSTLY FOR THEM TO CONTINUE SERVICING THE COSTS OF SERIAL FORWARDS CIRCULATING IN LONDON .
HOWEVER , MUCH TO THE ANNOYANCE OF OUR BANKERS , THE COMEX IS THE SCENE OF AN ASSAULT ON GOLD AS LONDONERS , NOT BEING ABLE TO FIND ANY PHYSICAL ON THAT SIDE OF THE POND , EXERCISE THESE CIRCULATING EXCHANGE FOR PHYSICALS IN LONDON AND FORCING DELIVERY OF REAL METAL OVER HERE AS THE OBLIGATION STILL RESTS WITH NEW YORK BANKERS .
WE HAD 0 4 -GC VOLUME//open interest REMAINS AT @ @ @ @ @ @ @ DELIVERY MONTH OF OCT..
THE CME REPORTS THAT THE BANKERS ISSUED A SMALL SIZED TRANSFER THROUGH THE EFP ROUTE AS THESE LONGS RECEIVED A DELIVERABLE LONDON FORWARD TOGETHER WITH A FIAT BONUS.
, THAT IS 1404 EFP CONTRACTS WERE ISSUED : OCT : 0 DEC 1404 ; FEB// ’ 21 0 AND ZERO FOR ALL OTHER MONTHS : YOU WILL FIND THAT WHEN WE HAVE A GOOD PREMIUM IN THE FUTURES/SPOT , THEN THE NUMBER OF EXCHANGE FOR PHYSICALS DECLINE IN NUMBERS .
THE COST IS JUST TOO MUCH FOR THEM TO ISSUE @ @ @ @ @ @ @ THUS A LITTLE MORE THAN USUAL OF EXCHANGE FOR PHYSICALS WERE ISSUED .
ON A NET BASIS IN OPEN INTEREST WE GAINED THE FOLLOWING TODAY ON OUR TWO EXCHANGES : 1839 TOTAL CONTRACTS IN THAT 1404 LONGS WERE TRANSFERRED AS FORWARDS TO LONDON AND WE LOST A SMALL SIZED 3243 COMEX CONTRACTS..
THE BIG NEWS IS THE POWERFUL LEVEL OF OCTOBER 2020 CONTRACTS STANDING FOR DELIVERY .
( 95.527 tonnes ) .
THE BANKERS WERE SUCCESSFUL IN LOWERING GOLD ’ S PRICE //// ( IT FELL $ 9.30 ) .
AND , THEY @ @ @ @ @ @ @ AS MENTIONED ABOVE THE TOTAL LOSS ON THE TWO EXCHANGES REGISTERED A TINY 4.824 TONNES , NET LOSS ON THE TWO EXCHANGES : : 1839 , CONTRACTS OR 183,900 OZ OR 5.720 TONNES .
COMMODITY LAW SUGGESTS THAT COMMODITY FUTURES OPEN INTEREST SHOULD APPROXIMATE 3 % OF TOTAL PRODUCTION .
IN GOLD THE WORLD PRODUCES AROUND 3500 TONNES PER YEAR BUT ONLY 2200 TONNES ARE AVAILABLE FROM THE WEST ( THUS EXCLUDING RUSSIA , CHINA ETC..WHO KEEP 100 % OF THEIR PRODUCTION ) THUS IN GOLD WE HAVE THE FOLLOWING : 552,239 TOTAL @ @ @ @ @ @ @ = 55.23 MILLION OZ/32,150 OZ PER TONNE = 1718 TONNES THE COMEX OPEN INTEREST REPRESENTS 1718/2200 OR 78.08 % OF ANNUAL GLOBAL PRODUCTION OF GOLD .
Trading Volumes on the COMEX TODAY : 174,818 contracts// volume very poor/ CONFIRMED COMEX VOL .
FOR YESTERDAY : 218,478 contracts// volume : VERY POOR //most of our traders have left for London We had 0 deposit into the dealer we had 1 deposit into the customer account we had 1 gold withdrawals from the customer account : i ) Out of HSBC:1606.600 0z ADJUSTMENTS : 1 @ @ @ @ @ @ @ customer to dealer : 195.38 oz The front month of OCT registered a total of 14,306 contracts for a LOSS of 3957 contracts .
We had 4015 notices filed on Friday so we gained 58 contracts or 5800 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 ( 95.527 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 2975 notices filed today for 297,500 oz OR 9.2534 TONNES.FOR THE OCT 2020 CONTRACT MONTH ) Today , 0 notice ( s ) were issued fromJPMorgan dealer account and 1000 notices were issued from their client or customer account .
The total of all issuance by all participants equates to 2975 contract ( s ) of which 159 notices were stopped ( received ) by j.P. Morgan dealer and 711 notice ( s @ @ @ @ @ @ @ ) by J.P.Morgan//customer account and 188 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 ( 19,381 ) x 100 oz , to which we add the difference between the open interest for the front month of OCT ( 814,306 CONTRACTS ) minus the number of notices served upon today ( 2975 x 100 oz per contract ) equals @ @ @ @ @ @ @ number of ounces standing in this active month of Oct thus the INITIAL standings for gold for the OCT/2020 contract month : No of notices filed so far ( 19381 , x 100 oz +14,306 OI ) for the front month minus the number of notices served upon today ( 2975 ) x 100 oz which equals 3,071,200 oz standing OR 95.527 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 58 @ @ @ @ @ @ @ 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 !
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..ONLY PHONY KILOBAR ENTRIES… .
WE HAVE 477.00 TONNES OF REGISTERED GOLD WHICH CAN SETTLE UPON LONGS i.e .
95.527 tonnes CALCULATION OF REGISTERED GOLD THAT CAN BE SETTLED UPON : total registered or dealer 16,910,133.294 oz or 525.97 tonnestotal weight of pledged : 1,574,454.119 oz or 48.97 tonnesthus : registered gold that can be used to settle upon : 15,335,679.0 ( 4767.00 @ @ @ @ @ @ @ registered – pledged tonnes 15,335,679.0 ( 477.0 tonnes ) total eligible gold : 20,020,039.992 oz ( 622.70 tonnes ) dropping in weight 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 @ @ @ @ @ @ @ 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 GOLD COMEX SEEMS TO BE UNDER SEVERE ASSAULT FOR PHYSICAL And now for the wild silver comex results We had 1 deposits into the dealer : i ) Into CNT : 635,881.200 oz we had 1 deposits into the customer account ( ELIGIBLE ACCOUNT ) JPMorgan now has 186.7 million oz of total silver inventory or 49.13 @ @ @ @ @ @ @ ( 186.7 million/380.0 million we had 1 withdrawals : i ) Out of Loomis : 175,518.900 oz We had 0 adjustments/ dealer to customer October had 648 notices outstanding for a LOSS of 87 contracts .
We had 162 notices served upon yesterday so we GAINED 75 contracts or 375,000 additional oz of silver will stand in this non active month of October .
November saw a gain of 45 notices up to 427 contracts .
December saw a LOSS of 339 contracts up to 131,602 contracts .
The total number of notices @ @ @ @ @ @ @ month is represented by 161 contract ( s ) FOR 805,000 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 1368 x 5,000 oz = 6,840,000 oz to which we add the difference between the open interest for the front month of OCT ( 648 ) and the number of notices served upon today 161x ( 5000 oz ) equals the number of ounces standing .
Thus the INITIAL standings for silver for @ @ @ @ @ @ @ notices served so far ) x 5000 oz + OI for front month of OCT ( 648 ) - number of notices served upon today ( 161 ) x 5000 oz of silver standing for the OCT contract month .equals 9,275,000 oz .
..VERY STRONG FOR A NON ACTIVE MONTH .
We gained 75 contracts or 375,000 additional oz will stand for silver metal on this side of the pond as they refused to morph into a London based forwards .
FOR YESTERDAY 69,897 , CONFIRMED VOLUME// much slower than normal/ YESTERDAY ’ @ @ @ @ @ @ @ to 0.309 billion OZ 44.2 % 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 ) : premium to @ @ @ @ @ @ @ : ( OCT 5/2020 ) Note : Sprott silver trust back into NEGATIVE territory at + % -/Sprott physical gold trust is back into NEGATIVE/3.09 % And now the Gold inventory at the GLD/ OCT 5/WITH GOLD UP $ 12.00 TODAY : A HUGE CHANGE IN GOLD INVENTORY AT THE GLD : A WITHDRAWAL OF 2.59 TONNES//INVENTORY RESTS AT 1275.60 TONNES OCT 2/WITH GOLD DOWN $ 7.30 TODAY , A HUGE CHANGE IN GOLD INVENTORY AT THE GLD A DEPOSIT OF 9.3 TONNES INTO THE GLD//INVENTORY RESTS AT 1278.19 TONNES OCT 1/WITH GOLD @ @ @ @ @ @ @ 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 @ @ @ @ @ @ @ 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 $ @ @ @ @ @ @ @ 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 @ @ @ @ @ @ @ 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 @ @ @ @ @ @ @ 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 , @ @ @ @ @ @ @ 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 @ @ @ @ @ @ @ 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 LAST ; 915 TRADING DAYS : +335.76 NET TONNES @ @ @ @ @ @ @ TRADING HAVE NOW BEEN ADDED INTO THE GLD INVENTORY .
OCT 5/WITH SILVER UP 53 CENTS TODAY : A MONSTROUS CHANGE IN SILVER INVENTORY AT THE SLV : A DEPOSIT OF 11.984 MILLION OZ INTO THE SLV //INVENTORY RESTS AT 561.100 MILLION OZ// OCT 2/WITH SILVER DOWN 17 CENTS TODAY : NO CHANGES IN SILVER INVENTORY AT THE SLV//INVENTORY RESTS AT 549.116 MILLION OZ// 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 @ @ @ @ @ @ @ 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 : @ @ @ @ @ @ @ 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 @ @ @ @ @ @ @ 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 @ @ @ @ @ @ @ 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 @ @ @ @ @ @ @ 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 @ @ @ @ @ @ @ 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 @ @ @ @ @ @ @ 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 @ @ @ @ @ @ @ 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//

by Harvey Organ of Harvey Organ Blog
OCT 5 C//GOLD UP $12.00 TO $1914.80//SILVER UP 53 CENTS TO $24.41//STRONG ADVANCE IN GOLD TONNAGE STANDING: UP TO 95.527 TONNES//OVER 9 MILLION OZ OF SILVER STANDING//TRUMP THERAPY WORKS..HE WILL BE RELEASED FROM WALTER READ TONIGHT//CHINA VS USA: TRUMP STILL ON THE WARPATH//CORONAVIRUS UPDATES SAT. THROUGH MONDAY//
GOLD:$1914.80 UP $12.00 The quote is London spot price
Silver:$24.41 UP 53 CENTS London spot price ( cash market)
your data…
Closing access prices: London spot
i)Gold : $1913.40 LONDON SPOT 4:30 pm
ii)SILVER: $24.36//LONDON SPOT 4:30 pm
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CLOSING FUTURES PRICES: KEY MONTHS
OCT GOLD: 1914.60 CLOSE 1.30 PM// SPREAD SPOT/FUTURE OCT /: $0.20 BACKWARD!! A MAGNET FOR LONDON PURCHASERS OF GOLD!
DEC. GOLD $1919.60 CLOSE 1.30 PM SPREAD SPOT/FUTURE DEC $5.20/ CONTANGO ( $1.00 BELOW NORMAL CONTANGO) //
CLOSING SILVER FUTURE MONTH
SILVER NOV COMEX CLOSE; $24.53…1:30 PM.//SPREAD SPOT/FUTURE SEPT// : ( 12 CENTS CONTANGO/ABOVE NORMAL CONTANGO//)
SILVER DECEMBER CLOSE: $24.55 1:30 PM SPREAD SPOT/FUTURE DEC. : 14 CENTS PER OZ CONTANGO ( 2 CENTS ABOVE NORMAL CONTANGO )
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COMEX DATA
JPMorgan has been receiving gold with reckless abandon and sometimes supplying (stopping)
receiving today: 870/2975
EXCHANGE: COMEX
CONTRACT: OCTOBER 2020 COMEX 100 GOLD FUTURES
SETTLEMENT: 1,900.200000000 USD
INTENT DATE: 10/02/2020 DELIVERY DATE: 10/06/2020
FIRM ORG FIRM NAME ISSUED STOPPED
____________________________________________________________________________________________
072 C GOLDMAN 1000 188
099 H DB AG 85
104 C MIZUHO 37
118 H MACQUARIE FUT 133
132 C SG AMERICAS 17
135 H RAND 1
323 C HSBC 3
332 H STANDARD CHARTE 38
355 C CREDIT SUISSE 26
435 H SCOTIA CAPITAL 12
624 C BOFA SECURITIES 3
657 C MORGAN STANLEY 240
657 H MORGAN STANLEY 85
661 C JP MORGAN 1000 711
661 H JP MORGAN 139
685 C RJ OBRIEN 15
690 C ABN AMRO 15 121
709 C BARCLAYS 542
709 H BARCLAYS 500
732 C RBC CAP MARKETS 2
737 C ADVANTAGE 2
800 C MAREX SPEC 10 45
880 C CITIGROUP 25
880 H CITIGROUP 935
905 C ADM 20
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TOTAL: 2,975 2,975
issued:1000
GOLDMAN SACHS STOPPED 188 CONTRACTS.
NUMBER OF NOTICES FILED TODAY FOR OCT. CONTRACT: 2975 NOTICE(S) FOR 297,500 OZ (9.2534 tonnes)
TOTAL NUMBER OF NOTICES FILED SO FAR: 19,381 NOTICES FOR 1,938,100 OZ (60.2830 tonnes)
SILVER//OCTOBER CONTRACT
161 NOTICE(S) FILED TODAY FOR 805,000 OZ/
total number of notices filed so far this month: 1365 for 6,840,000 oz
BITCOIN MORNING QUOTE $10673 UP 6
BITCOIN AFTERNOON QUOTE.: $10,738 UP 71 DOLLARS .
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GLD AND SLV INVENTORIES:
WITH GOLD UP $12.00 AND NO PHYSICAL TO BE FOUND ANYWHERE:
WITH ALL REFINERS CLOSED//MEXICO ORDERING ALL MINES SHUT: WHERE ARE THEY GETTING THE “PHYSICAL?
A WITHDRAWAL OF: 2.59 TONNES
GLD: 1,275.6- TONNES OF GOLD//
WITH SILVER UP 53 CENTS TODAY: AND WITH NO SILVER AROUND:
A HUGE DEPOSIT OF 11.984 MILLION OZ///
SLV: 561.100 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 TINY SIZED 161 CONTRACTS FROM 155,402 DOWN TO 155,241, AND FURTHER FROM OUR NEW RECORD OF 244,710, (FEB 25/2020. THE LOSS IN OI OCCURRED WITH OUR CONSIDERABLE $0.17 LOSS IN SILVER PRICING AT THE COMEX. IT SEEMS THAT THE LOSS IN COMEX OI IS DUE TO SOME BANKER AND ALGO SHORT COVERING.. COUPLED AGAINST AN EXTREMELY WEAK EXCHANGE FOR PHYSICAL (77 CONTRACTS). WE ALSO HAD NEGILIBLE LONG LIQUIDATION, AND A HUGE INCREASE IN SILVER OUNCES STANDING AT THE COMEX FOR OCT. WE HAD A TINY NET LOSS IN OUR TWO EXCHANGES OF 84 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: 77, AS WE HAD THE FOLLOWING ISSUANCE: OCT 0; DEC: 77, MARCH 0 FOR ZERO ALL OTHER MONTHS AND THEREFORE TOTAL ISSUANCE 77 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
9.275 MILLION OZ INITIALLY STANDING IN OCT.
FRIDAY, 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 $0.17) ).. AND, OUR OFFICIAL SECTOR/BANKERS WERE BASICALLY UNSUCCESSFUL IN THEIR ATTEMPT TO FLEECE ANY SILVER LONGS AS WE HAD A VERY VERY TINY LOSS IN OUR TWO EXCHANGES (162 CONTRACTS). NO DOUBT THE LOSS IN OI WAS DUE TO i) SOME BANKER/ALGO SHORT COVERING. WE ALSO HAD ii) A TINY ISSUANCE OF EXCHANGE FOR PHYSICALS 2) A HUGE GAIN IN SILVER OZ STANDING FOR OCTOBER, iii) TINY COMEX LOSS AND iv) ZERO 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:
948 CONTRACTS (FOR 3 TRADING DAY(S) TOTAL 948 CONTRACTS) OR 4.740 MILLION OZ: (AVERAGE PER DAY: 326 CONTRACTS OR 1.633 MILLION OZ/DAY)
TO GIVE YOU AN IDEA AS TO THE HUGE SUPPLY THIS MONTH IN SILVER: SO FAR THIS MONTH OF OCT: 4.740 MILLION PAPER OZ HAVE MORPHED OVER TO LONDON. THIS REPRESENTS AROUND 0.677% OF ANNUAL GLOBAL PRODUCTION (EX CHINA EX RUSSIA)*
ACCUMULATION IN YEAR 2020 TO DATE SILVER EFP’S: 1,461.78 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 4.740 MILLION OZ (LOOKS LIKE THEY ARE DROPPING AGAIN IN NUMBERS)
RESULT: WE HAD A TINY SIZED DECREASE IN COMEX OI SILVER COMEX CONTRACTS OF 161, WITH OUR STRONG $0.17 FALL IN SILVER PRICING AT THE COMEX ///FRIDAY.…THE CME NOTIFIED US THAT WE HAD A WEAK SIZED EFP ISSUANCE OF 77 CONTRACTS WHICH EXITED OUT OF THE SILVER COMEX TO LONDON AS FORWARDS.
TODAY WE LOST A TINY SIZED 84 OI CONTRACTS ON THE TWO EXCHANGES (WITH OUR $0.17 FALL IN PRICE)//
THE TALLY//EXCHANGE FOR PHYSICAL
i.e 77 OPEN INTEREST CONTRACTS HEADED FOR LONDON (EFP’s) TOGETHER WITH A TINY SIZED DECREASE OF 161 OI COMEX CONTRACTS. AND ALL OF THIS DEMAND HAPPENED WITH OUR $0.17 RISE IN PRICE OF SILVER/AND A CLOSING PRICE OF $23.88 // FRIDAY’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. 0.777 BILLION OZ TO BE EXACT or 111% of annual global silver production (ex Russia & ex China).
FOR THE NEW OCT DELIVERY MONTH/ THEY FILED AT THE COMEX: 161 NOTICE(S) FOR 805,000 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)
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 SMALL 3,243 CONTRACTS TO 552,239 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 SMALL SIZED LOSS IN COMEX OI OCCURRED WITH OUR STRONG LOSS IN PRICE OF $9.30 /// COMEX GOLD TRADING// FRIDAY. WE PROBABLY HAD SOME BANKER/ALGO SHORT COVERING ACCOMPANYING OUR SMALL EXCHANGE FOR PHYSICAL ISSUANCE. WE PROBABLY HAD NEGIGIBLE LONG LIQUIDATION BUT ANOTHER STRONG INCREASE IN GOLD OUNCES STANDING AT THE COMEX….THIS ALL HAPPENED WITH OUR LOSS IN PRICE OF $9.30.
WE HAD A VOLUME OF 0 4 -GC CONTRACTS//OPEN INTEREST 81//
WE HAD A SMALL LOSS OF 1839 CONTRACTS (5.720 TONNES) ON OUR TWO EXCHANGES..
E.F.P. ISSUANCE
THE CME RELEASED THE DATA FOR EFP ISSUANCE AND IT TOTALED A SMALL SIZED 1404 CONTRACTS:
CONTRACT .; OCT: 0 DEC: 1404; FEB: 0 ALL OTHER MONTHS ZERO//TOTAL: 1404. The NEW COMEX OI for the gold complex rests at 552,239. 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 SMALL SIZED DECREASE IN TOTAL CONTRACTS ON THE TWO EXCHANGES OF 1839 CONTRACTS: 3243 CONTRACTS DECREASED AT THE COMEX AND 1404 EFP OI CONTRACTS WHICH NAVIGATED OVER TO LONDON. THUS TOTAL OI LOSS OF 1839 CONTRACTS OR 5.720 TONNES.
CALCULATIONS ON GAIN/LOSS ON OUR TWO EXCHANGES:
WE HAD A SMALL SIZED ISSUANCE IN EXCHANGE FOR PHYSICALS (1404) ACCOMPANYING THE SMALL SIZE LOSS IN COMEX OI (3243 OI): TOTAL LOSS IN THE TWO EXCHANGES: 1839 CONTRACTS. WE NO DOUBT HAD 1 ) SOME BANKER SHORT COVERING AND CONSIDERABLE ALGO SHORT COVERING ,2.)A HUGE INCREASE STANDING AT THE GOLD COMEX FOR THE FRONT OCT. MONTH TO 95.527 TONNES) 3) MINOR LONG LIQUIDATION ;4) SMALL COMEX OI LOSS AND 5) SMALL ISSUANCE OF EXCHANGE FOR PHYSICAL …ALL OF THIS WAS COUPLED WITH OUR STRONG LOSS IN GOLD PRICE TRADING//FRIDAY//$9.30.
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 : 4876, CONTRACTS OR 487,600 oz OR 15.166TONNES (3 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 3 TRADING DAY(S) IN TONNES: 15.166TONNES
TOTAL ANNUAL GOLD PRODUCTION, 2019, THROUGHOUT THE WORLD EX CHINA EX RUSSIA: 3555 TONNES
THUS EFP TRANSFERS REPRESENTS 15.166/3550 x 100% TONNES =0.340% OF GLOBAL ANNUAL PRODUCTION
ACCUMULATION OF GOLD EFP’S YEAR 2020 TO DATE: 3,578.87 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. 15.166 TONNES (LOOKS LIKE THESE ARE DROPPING IN NUMBERS AGAIN)
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.
COMEX DATA//AMOUNTS STANDING//VOLUME OF TRADING/INVENTORY MOVEMENTS
GOLD
LET US BEGIN:
THE TOTAL COMEX GOLD OPEN INTEREST FELL BY BY A SMALL 3243 CONTRACTS TO 552,239 MOVING FURTHER FROM RECORD THAT WAS SET IN JANUARY/2020: {799,541 OI(SET JAN 16/2020)} AND PREVIOUS TO THAT: 797,110 (SET JAN 7/2020). AND THIS COMEX INCREASE OCCURRED WITH OUR STRONG FALL OF $9.30 IN GOLD PRICING /FRIDAY’S COMEX TRADING/). WE ALSO HAD A SMALL EFP ISSUANCE (1404 CONTRACTS). WE ALSO PROBABLY HAD 1) SOME CONSIDERABLE BANKER SHORT COVERING, 2) NEGIGLIBLE LONG LIQUIDATION AND 3) STRONG INCREASE IN GOLD TONNAGE STANDING AT THE COMEX//OCT. DELIVERY MONTH (SEE BELOW) … AS WE ENGINEERED A SMALL SIZED LOSS ON OUR TWO EXCHANGES OF 1839 CONTRACTS. WE HAVE LATELY WITNESSED THE EXCHANGE FOR PHYSICALS ISSUED BEING SMALL….. AS IT JUST TOO COSTLY FOR THEM TO CONTINUE SERVICING THE COSTS OF SERIAL FORWARDS CIRCULATING IN LONDON. HOWEVER, MUCH TO THE ANNOYANCE OF OUR BANKERS, THE COMEX IS THE SCENE OF AN ASSAULT ON GOLD AS LONDONERS, NOT BEING ABLE TO FIND ANY PHYSICAL ON THAT SIDE OF THE POND, EXERCISE THESE CIRCULATING EXCHANGE FOR PHYSICALS IN LONDON AND FORCING DELIVERY OF REAL METAL OVER HERE AS THE OBLIGATION STILL RESTS WITH NEW YORK BANKERS.
(SEE BELOW)
WE HAD 0 4 -GC VOLUME//open interest REMAINS AT 81
EXCHANGE FOR PHYSICAL ISSUANCE
WE ARE NOW IN THE ACTIVE DELIVERY MONTH OF OCT.. THE CME REPORTS THAT THE BANKERS ISSUED A SMALL SIZED TRANSFER THROUGH THE EFP ROUTE AS THESE LONGS RECEIVED A DELIVERABLE LONDON FORWARD TOGETHER WITH A FIAT BONUS., THAT IS 1404 EFP CONTRACTS WERE ISSUED: OCT: 0 DEC 1404; FEB// ’21 0 AND ZERO FOR ALL OTHER MONTHS:
TOTAL EFP ISSUANCE: 1404 CONTRACTS.
YOU WILL FIND THAT WHEN WE HAVE A GOOD PREMIUM IN THE FUTURES/SPOT, THEN THE NUMBER OF EXCHANGE FOR PHYSICALS DECLINE IN NUMBERS. THE COST IS JUST TOO MUCH FOR THEM TO ISSUE. TODAY THAT PREMIUM WAS SMALL AND THUS A LITTLE MORE THAN USUAL OF EXCHANGE FOR PHYSICALS WERE ISSUED.
ON A NET BASIS IN OPEN INTEREST WE GAINED THE FOLLOWING TODAY ON OUR TWO EXCHANGES: 1839 TOTAL CONTRACTS IN THAT 1404 LONGS WERE TRANSFERRED AS FORWARDS TO LONDON AND WE LOST A SMALL SIZED 3243 COMEX CONTRACTS.. THE BIG NEWS IS THE POWERFUL LEVEL OF OCTOBER 2020 CONTRACTS STANDING FOR DELIVERY. ( 95.527 tonnes).
THE BANKERS WERE SUCCESSFUL IN LOWERING GOLD’S PRICE //// (IT FELL $9.30). AND, THEY WERE UNSUCCESSFUL IN FLEECING ANY LONGS. AS MENTIONED ABOVE THE TOTAL LOSS ON THE TWO EXCHANGES REGISTERED A TINY 4.824 TONNES,
NET LOSS ON THE TWO EXCHANGES :: 1839, CONTRACTS OR 183,900 OZ OR 5.720 TONNES.
COMMODITY LAW SUGGESTS THAT COMMODITY FUTURES OPEN INTEREST SHOULD APPROXIMATE 3% OF TOTAL PRODUCTION. IN GOLD THE WORLD PRODUCES AROUND 3500 TONNES PER YEAR BUT ONLY 2200 TONNES ARE AVAILABLE FROM THE WEST (THUS EXCLUDING RUSSIA, CHINA ETC..WHO KEEP 100% OF THEIR PRODUCTION)
THUS IN GOLD WE HAVE THE FOLLOWING: 552,239 TOTAL OI CONTRACTS X 100 OZ PER CONTRACT = 55.23 MILLION OZ/32,150 OZ PER TONNE = 1718 TONNES
THE COMEX OPEN INTEREST REPRESENTS 1718/2200 OR 78.08% OF ANNUAL GLOBAL PRODUCTION OF GOLD.
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Trading Volumes on the COMEX TODAY: 174,818 contracts// volume very poor/
CONFIRMED COMEX VOL. FOR YESTERDAY: 218,478 contracts// volume: VERY POOR //most of our traders have left for London
OCT 5 /2020
OCT. GOLD CONTRACT MONTHINITIAL STANDING FOR OCT GOLD
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
total customer deposit: 73,754.394 oz
we had 1 gold withdrawals from the customer account:i) Out of HSBC:1606.600 0z
total withdrawals; 1606.600 oz
We had 0 kilobar transactions +
ADJUSTMENTS: 1 // i) Out of Scotia: customer to dealer: 195.38 oz
The front month of OCT registered a total of 14,306 contracts for a LOSS of 3957 contracts. We had 4015 notices filed on Friday so we gained 58 contracts or 5800 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 90 contracts to stand at 1072.
The big December contract GAINED 366 contracts UP to 445,652 contracts..
THE BIG STORY AGAIN TODAY IS THE HIGH OI STANDING FOR OCTOBER (95.527 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 2975 notices filed today for 297,500 oz OR 9.2534 TONNES.FOR THE OCT 2020 CONTRACT MONTH)Today, 0 notice(s) were issued fromJPMorgan dealer account and 1000 notices were issued from their client or customer account. The total of all issuance by all participants equates to 2975 contract(s) of which 159 notices were stopped (received) by j.P. Morgan dealer and 711 notice(s) was (were) stopped/ Received) by J.P.Morgan//customer account and 188 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 (19,381) x 100 oz , to which we add the difference between the open interest for the front month of OCT (814,306 CONTRACTS ) minus the number of notices served upon today (2975 x 100 oz per contract) equals 3,071,200 OZ OR 95.527 TONNES) the number of ounces standing in this active month of Oct
thus the INITIAL standings for gold for the OCT/2020 contract month:
No of notices filed so far (19381, x 100 oz +14,306 OI) for the front month minus the number of notices served upon today (2975) x 100 oz which equals 3,071,200 oz standing OR 95.527 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 58 contracts or an additional 5800 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 477.00 TONNES OF REGISTERED GOLD WHICH CAN SETTLE UPON LONGS i.e. 95.527 tonnes
CALCULATION OF REGISTERED GOLD THAT CAN BE SETTLED UPON:total registered or dealer 16,910,133.294 oz or 525.97 tonnestotal weight of pledged: 1,574,454.119 oz or 48.97 tonnesthus:registered gold that can be used to settle upon: 15,335,679.0 (4767.00 tonnes)true registered gold (total registered – pledged tonnes 15,335,679.0 (477.0 tonnes)total eligible gold: 20,020,039.992 oz (622.70 tonnes) dropping in weight
total registered, pledged and eligible (customer) gold 36,930,173.286 oz 1,148.68 tonnes (INCLUDES 4 GC GOLD)
total 4 GC gold: 126.34 tonnes
total gold net of 4 GC: 1022.034 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 5/2020
And now for the wild silver comex results
INITIAL STANDINGS
OCT. SILVER COMEX CONTRACT MONTH//INITIAL STANDING
We had 1 deposits into the dealer:i) Into CNT: 635,881.200 oz
total dealer deposits: 635,881200 oz
i) We had 0 dealer withdrawal
total dealer withdrawals: nil oz
we had 1 deposits into the customer account (ELIGIBLE ACCOUNT)
i)into CNT: 599,330.470 oz
JPMorgan now has 186.7 million oz of total silver inventory or 49.13% of all official comex silver. (186.7 million/380.0 million
total customer deposits today: 599,330.470 oz
we had 1 withdrawals:i) Out of Loomis: 175,518.900 oz
total withdrawals; 175,518.900 oz
We had 0 adjustments/ dealer to customer
i) Brinks: 5023
.400
ii) CNT: 5,134.300
Total dealer(registered) silver: 141.553 million oz
total registered and eligible silver: 380.00 million oz
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October had 648 notices outstanding for a LOSS of 87 contracts. We had 162 notices served upon yesterday so we GAINED 75 contracts or 375,000 additional oz of silver will stand in this non active month of October.
November saw a gain of 45 notices up to 427 contracts.
December saw a LOSS of 339 contracts up to 131,602 contracts.
The total number of notices filed today for the OCT 2020. contract month is represented by 161 contract(s) FOR 805,000 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 1368 x 5,000 oz = 6,840,000 oz to which we add the difference between the open interest for the front month of OCT( 648) and the number of notices served upon today 161x (5000 oz) equals the number of ounces standing.
Thus the INITIAL standings for silver for the OCT/2019 contract month: 1,368 (notices served so far) x 5000 oz + OI for front month of OCT (648)- number of notices served upon today (161) x 5000 oz of silver standing for the OCT contract month .equals 9,275,000 oz. ..VERY STRONG FOR A NON ACTIVE MONTH.
We gained 75 contracts or 375,000 additional oz will stand for silver metal on this side of the pond as they refused to morph into a London based forwards.
TODAY’S ESTIMATED SILVER VOLUME : 55,765 CONTRACTS // volume rather slow//
FOR YESTERDAY 69,897 ,CONFIRMED VOLUME// much slower than normal/
YESTERDAY’S CONFIRMED VOLUME OF 69,897 CONTRACTS EQUATES to 0.309 billion OZ 44.2% 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- 3.09% ((OCT 5/2020)
2. Sprott gold fund (PHYS): premium to NAV RISES TO -0.59% to NAV: (OCT 5/2020 )
Note: Sprott silver trust back into NEGATIVE territory at +%-/Sprott physical gold trust is back into NEGATIVE/3.09%
(courtesy Sprott/GATA
3. SPROTT CEF .A FUND (FORMERLY CENTRAL FUND OF CANADA):
NAV 19.53 TRADING 18.87///NEGATIVE 3.36
END
And now the Gold inventory at the GLD/
OCT 5/WITH GOLD UP $12.00 TODAY: A HUGE CHANGE IN GOLD INVENTORY AT THE GLD: A WITHDRAWAL OF 2.59 TONNES//INVENTORY RESTS AT 1275.60 TONNES
OCT 2/WITH GOLD DOWN $7.30 TODAY, A HUGE CHANGE IN GOLD INVENTORY AT THE GLD A DEPOSIT OF 9.3 TONNES INTO THE GLD//INVENTORY RESTS AT 1278.19 TONNES
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
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Inventory rests tonight at
OCT 5/ GLD INVENTORY 1275.60 tonnes*
LAST; 915 TRADING DAYS: +335.76 NET TONNES HAVE BEEN ADDED THE GLD
LAST 815 TRADING HAVE NOW BEEN ADDED INTO THE GLD INVENTORY.
end
Now the SLV Inventory/
OCT 5/WITH SILVER UP 53 CENTS TODAY: A MONSTROUS CHANGE IN SILVER INVENTORY AT THE SLV:A DEPOSIT OF 11.984 MILLION OZ INTO THE SLV //INVENTORY RESTS AT 561.100 MILLION OZ//
OCT 2/WITH SILVER DOWN 17 CENTS TODAY: NO CHANGES IN SILVER INVENTORY AT THE SLV//INVENTORY RESTS AT 549.116 MILLION OZ//
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 5.2020:
SLV INVENTORY RESTS TONIGHT AT
561.100 MILLION OZ
END


investmentwatchblog--2020-10-06--Jason Burack: Toxic Derivative Sausage Making Is Ramping Back Up?

And the Orwellian misnomer of the year for 2020 goes to whoever named the new CLO ETF , AAA !
@ @ @ @ @ Easier for the Robinhood Crowd to Buy www.bnnbloomberg.ca/clos-are-… CLOs get Volcker Rule reprieve to buy @ @ @ @ @ Dr. Ron Paul Op-Ed on The Fed Buying Lots of Corporate Bonds : The Federal @ @ @ @ @ Who Will Get Hit When Collateralized Loan Obligations ( CLOs ) Blow Up ?
Banks @ @ @ @ @ ” ?
wolfstreet.com/2020/06/29/who… CLOs Fight Back Against Hedge Fund Efforts to Siphon Value www.msn.com/en-us/money/compa… BlackRock @ @ @ @ @ at Prices Signaling Recovery finance.yahoo.com/news/blackr… Jason Burack is an investor , entrepreneur , financial historian @ @ @ @ @ and contrarian .
Jason co-founded the startup financial education company Wall St for Main St @ @ @ @ @ to help the people of Main Street by teaching them the knowledge , skills , @ @ @ @ @ expertise of Wall Street .
You can also find Jason ’ s work at his @ @ @ @ @

Wall St. For Main St., Released on 10/5/20
And the Orwellian misnomer of the year for 2020 goes to whoever named the new CLO ETF, AAA!
Cerberus Is Repackaging Near-Junk CMBS Into Top-Rated Securities www.bnnbloomberg.ca/cerberus-…
CLOs Are About to Get Easier for the Robinhood Crowd to Buy www.bnnbloomberg.ca/clos-are-…
First ETF Tracking $700 Billion CLO-Market Starts finance.yahoo.com/news/first-…
CLOs get Volcker Rule reprieve to buy more than leveraged loans www.bloomberg.com/professiona…
We are primarily funded by readers. Please subscribe and donate to support us!
Dr. Ron Paul Op-Ed on The Fed Buying Lots of Corporate Bonds: The Federal Reserve is Getting Desperate ronpaulinstitute.org/archives/…
US leveraged loan downgrade ratio hits staggering 43:1 as pandemic stalls market www.spglobal.com/marketintell…
Who Will Get Hit When Collateralized Loan Obligations (CLOs) Blow Up? Banks or Unsuspecting “Market Participants”? wolfstreet.com/2020/06/29/who…
CLOs Fight Back Against Hedge Fund Efforts to Siphon Value www.msn.com/en-us/money/compa…
BlackRock and Ares Are Selling CLOs at Prices Signaling Recovery finance.yahoo.com/news/blackr…
Jason Burack is an investor, entrepreneur, financial historian, Austrian School economist, and contrarian. Jason co-founded the startup financial education company Wall St for Main St, LLC, to try to help the people of Main Street by teaching them the knowledge, skills, research methods, and investing expertise of Wall Street. You can also find Jason’s work at his blog website at www.jasonburack.com.


investmentwatchblog--2020-10-06--Trump Just Became “Captain America”…and Democrats are Losing Their Minds

When President Trump and First Lady Melania tested positive for Covid , Democrats were gloating and hoping for the worst .
They thought a sick ( or dying ) Trump would be unable to campaign down the homestretch and hand a victory to Basement Biden .
What did former President Obama call this ?
A “ teachable moment.
” But it ’ s not the lesson Democrats hoped for .
I ’ ve studied Donald Trump my entire adult life .
Growing up as a kid in New York , and being 15 years younger than Trump , he served @ @ @ @ @ @ @ model since my college days at Columbia University .
Trump has three traits above all others .
First , he is relentless .
He never gives up .
He always finds a way to come out on top .
My favorite saying is , “ NBAT : Never Bet Against Trump.
” Second , he ’ s like Houdini- a great escape artist .
He is adept at turning lemons into lemonades .
Just when you think he ’ s lost , he comes roaring back to life .
Third , Trump is @ @ @ @ @ @ @ man of superhuman energy and willpower .
He makes things happen through force of personality that seem unimaginable .
Those three traits are the essence of Trump .
Understanding these “ Trump Rules ” helps put into context what ’ s happened for the past 5 years ( since Trump came down that escalator in 2015 ) .
Trump and Democrats have been playing a game of Roadrunner and Wiley E. Coyote .
Every time they are certain they have him beat , Trump dumps a load of cow manure on their heads @ @ @ @ @ @ @ We had him .
How did he get away again ?
” So , as usual , when Trump got Covid , liberals assumed the worst .
They thought they had him where they wanted him .
They thought his illness ( or death ) was the “ October Surprise ” that would win the election .
Here were just a few responses from leading liberals… The former spokeswoman for Hillary Clinton ’ s 2016 presidential campaign Zara Rahim tweeted out , “ I hope he dies.
” The Washington Post tweeted out @ @ @ @ @ @ @ like to never have to think about Trump again.
” The New York Times suggested Trump should quit the 2020 race and drop off the ballot .
MSNBC asked Nancy Pelosi , “ Has the White House contacted you about the continuity of government ?
” Hollywood filmmaker Michael Moore said , “ My thoughts and prayers are with Covid-19.
” On social media , every Trump hater in the world gloated and rooted for his death .
I ’ m sure many Democrat politicians assumed this would scare Americans and give them @ @ @ @ @ @ @ again .
Well Democrats and Trump haters were right .
This is a stunning “ October Surprise.
” Except it backfired on Democrats .
Trump is beating Covid…in record time .
Trump will be leaving the hospital today .
Just as I predicted as soon as I heard Trump was being rushed to the hospital , Trump has turned the tables .
He ’ s flipped the script .
He ’ s turned lemons to lemonade .
He ’ s turned a bad hand of cards into a stunning victory on the “ @ @ @ @ @ @ @ an invincible superhero .
The comparison with Biden is crushing .
While Biden hides in his basement , Trump at age 74 beat Covid…in just days…and never slowed down .
Trump never stopped working for the American people .
He just moved his Oval Office workplace to his hospital suite .
He managed to update us about his condition with tweets and videos all weekend .
And wasn ’ t in pajamas , robe , or hospital gown looking like a sick man .
Not Trump .
He insisted on looking like a @ @ @ @ @ @ @ .
He was in an elegant suit every time .
And then he took it a step further .
Trump did what only Trump could imagine .
He held a Trump rally .
He held a parade to thank his fans lined up outside the hospital , waving from his limo .
Only Trump !
You know the image Trump created ?
Trump gets more done in a day , while laid up in a hospital with Covid , facing death , than Biden has done in the whole campaign .
Guess who @ @ @ @ @ @ @ ?
Democrats argued , “ Trump is reckless.
” Trump flipped the script on that one too .
Trump pointed out this is the job of a president .
The President of the United States can ’ t hide .
He has to face risks .
He can ’ t look weak or scared .
He has to set an example for the American people .
That ’ s exactly what Trump just did .
Trump showed us how a leader , leads .
He is a living example of America ’ s @ @ @ @ @ @ @ Trump just showed us the attitude we all need to beat Covid .
Because of Trump ’ s example , this economy will never close again .
If a 74-year old can beat Covid while working 16 hour days , why should anyone skip work ?
I told you so .
NBAT : Never Bet Against Trump .
The legend of Trump just grew 10,000 times larger .
Trump just became “ CAPTAIN AMERICA.
” And the Democrats are losing their minds .

by Wayne Root
When President Trump and First Lady Melania tested positive for Covid, Democrats were gloating and hoping for the worst. They thought a sick (or dying) Trump would be unable to campaign down the homestretch and hand a victory to Basement Biden.
What did former President Obama call this? A “teachable moment.” But it’s not the lesson Democrats hoped for.
I’ve studied Donald Trump my entire adult life. Growing up as a kid in New York, and being 15 years younger than Trump, he served as my hero, mentor and role model since my college days at Columbia University.
Trump has three traits above all others. First, he is relentless. He never gives up. He always finds a way to come out on top. My favorite saying is, “NBAT: Never Bet Against Trump.”
Second, he’s like Houdini- a great escape artist. He is adept at turning lemons into lemonades. Just when you think he’s lost, he comes roaring back to life.
Third, Trump is a human tornado. He is a man of superhuman energy and willpower. He makes things happen through force of personality that seem unimaginable.
Those three traits are the essence of Trump.
Understanding these “Trump Rules” helps put into context what’s happened for the past 5 years (since Trump came down that escalator in 2015). Trump and Democrats have been playing a game of Roadrunner and Wiley E. Coyote. Every time they are certain they have him beat, Trump dumps a load of cow manure on their heads. They walk away muttering, “We had him. How did he get away again?”
So, as usual, when Trump got Covid, liberals assumed the worst. They thought they had him where they wanted him. They thought his illness (or death) was the “October Surprise” that would win the election.
Here were just a few responses from leading liberals…
The former spokeswoman for Hillary Clinton’s 2016 presidential campaign Zara Rahim tweeted out, “I hope he dies.”
The Washington Post tweeted out, “Imagine what it will be like to never have to think about Trump again.”
The New York Times suggested Trump should quit the 2020 race and drop off the ballot.
MSNBC asked Nancy Pelosi, “Has the White House contacted you about the continuity of government?”
Hollywood filmmaker Michael Moore said, “My thoughts and prayers are with Covid-19.”
We are primarily funded by readers. Please subscribe and donate to support us!
On social media, every Trump hater in the world gloated and rooted for his death.
I’m sure many Democrat politicians assumed this would scare Americans and give them carte blanche to shut down the economy again.
Well Democrats and Trump haters were right. This is a stunning “October Surprise.” Except it backfired on Democrats. Trump is beating Covid…in record time. Trump will be leaving the hospital today.
Just as I predicted as soon as I heard Trump was being rushed to the hospital, Trump has turned the tables. He’s flipped the script. He’s turned lemons to lemonade. He’s turned a bad hand of cards into a stunning victory on the “river card.”
Trump now looks like an invincible superhero. The comparison with Biden is crushing. While Biden hides in his basement, Trump at age 74 beat Covid…in just days…and never slowed down.
Trump never stopped working for the American people. He just moved his Oval Office workplace to his hospital suite. He managed to update us about his condition with tweets and videos all weekend. And wasn’t in pajamas, robe, or hospital gown looking like a sick man. Not Trump. He insisted on looking like a million bucks, even while facing death. He was in an elegant suit every time.
Trump defined “Presidential.”
And then he took it a step further. Trump did what only Trump could imagine. He held a Trump rally. He held a parade to thank his fans lined up outside the hospital, waving from his limo. Only Trump!
You know the image Trump created? Trump gets more done in a day, while laid up in a hospital with Covid, facing death, than Biden has done in the whole campaign.
Guess who the American people want fighting for them?
Democrats argued, “Trump is reckless.” Trump flipped the script on that one too. Trump pointed out this is the job of a president. The President of the United States can’t hide. He has to face risks. He can’t look weak or scared. He has to set an example for the American people. That’s exactly what Trump just did.
This president is unstoppable.
Trump showed us how a leader, leads. He is a living example of America’s famous “Can Do” spirit. Trump just showed us the attitude we all need to beat Covid. Because of Trump’s example, this economy will never close again. If a 74-year old can beat Covid while working 16 hour days, why should anyone skip work?
I told you so. NBAT: Never Bet Against Trump. The legend of Trump just grew 10,000 times larger.
Trump just became “CAPTAIN AMERICA.” And the Democrats are losing their minds.


investmentwatchblog--2020-10-06--Next Debate Mod, Steve Scully’s Anti-Trump Bias May Dwarf Even Chris Wallace

After what was widely considered to be a hackjob to anyone with a set of eyes and a working brain , Chris Wallace as acting moderator at the first debate was exceptionally poor and extremely biased .
It was so bad at one point , President Trump commented , “ I guess I ’ m debating you , not him , but that ’ s OK – I ’ m not surprised ” .
Trump even brought up the payments made from Ukraine to Hunter Biden that Joe Biden could only meekly write off as “ not true ” and @ @ @ @ @ @ @ been “ totally discredited ” .
This exchange was one of the rare moments where Wallace was quiet during the night , not offering to verify the validity of the fact that the millions from Ukraine to Joe ’ s son , Hunter , did indeed occur .
Wallace ’ s anti-Trump bias was starkly exposed when he asked Trump to condemn white supremacy and militia groups across America .
Wallace added that Trump should tell these groups to “ stand down ” and not add to the violence occurring across largely liberal @ @ @ @ @ @ @ media quickly ignited in furor , claiming that Trump had failed to condemn white supremacists despite Trump already condemning and denouncing racism countless times over the years : I would claim Wallace has a poor memory , but he seems to remember his mainstream media talking points just fine !
Even with the biased performance of Wallace , one must wonder whether the moderator of the second debate , Steve Scully , will outpace Wallace as top Establishment lapdog .
Some of Scully ’ s tweets already demonstrate how partial of a moderating @ @ @ @ @ @ @ who Scully even interned for in college – and Trump .
Scully tweeting out a Media Matters article should tell you all you need to know about his opinion on Donald Trump .
Media Matters notably went after Trump in 2016 and has even received millions from George Soros , which likely bought him a fair amount of influence over their editorial work .
Scully has also been lauded as the “ most patient man on television ” – which Trump will assuredly put to the test .
However , it ’ s @ @ @ @ @ @ @ potentially have a mic mute for Scully to shut down Trump if he is too much for Joe Biden to handle and acts in similar fashion to his abrasive performance in the first debate .
It seems that the Establishment is not keen on deploying a truly unbiased moderator to helm the debates .
They know any potential Biden/Trump moderator would need to guide Biden through Trump ’ s verbal lashing like Wallace did .
Joe Rogan wouldn ’ t do that in such a manner Scully would undoubtedly do as moderator .
@ @ @ @ @ @ @ of COVID-19 – if the debates do happen , a battered and punished Trump will have to expect going up one against two with another bogus moderator propping Biden up throughout the night again .
The unaware will assume – “ oh , a C-SPAN host , how balanced and fair !
” In all likelihood , if the debates go on amidst the COVID-19 cases striking through DC , already weary viewers will sit in to another “ moderated ” bloodbath with another partisan hack that has no intention to moderate fair @ @ @ @ @ @ @ game is rigged and proves Trump right yet again .

By Jon Hall
After what was widely considered to be a hackjob to anyone with a set of eyes and a working brain, Chris Wallace as acting moderator at the first debate was exceptionally poor and extremely biased. It was so bad at one point, President Trump commented, “I guess I’m debating you, not him, but that’s OK – I’m not surprised”.
Trump even brought up the payments made from Ukraine to Hunter Biden that Joe Biden could only meekly write off as “not true” and that the recently released information had already been “totally discredited”. This exchange was one of the rare moments where Wallace was quiet during the night, not offering to verify the validity of the fact that the millions from Ukraine to Joe’s son, Hunter, did indeed occur.
Chris Wallace doesn’t have the facts at his command about the Ukraine payments made to Biden’s son that Trump brought up. Big mistake by Mr. Wallace. — Bill O'Reilly (@BillOReilly) September 30, 2020
Wallace’s anti-Trump bias was starkly exposed when he asked Trump to condemn white supremacy and militia groups across America. Wallace added that Trump should tell these groups to “stand down” and not add to the violence occurring across largely liberal American cities. Trump responded:
I would say almost everything I see is from the left wing, not the right wing…stand back and stand by, but someone’s got to do something about Antifa and the left.
The media quickly ignited in furor, claiming that Trump had failed to condemn white supremacists despite Trump already condemning and denouncing racism countless times over the years:
Trump condemns KKK and white supremacists commenting on Charlottesville: "Racism is evil." — Jim Acosta (@Acosta) August 14, 2017
President Donald Trump denounces White nationalism and racism after a pair of weekend mass shootings that killed 31. Police say the gunman in El Paso wrote a manifesto citing immigration as a reason for the shooting. STORY: t.co/BWQeQWobEe pic.twitter.com/e3bGfZIV9q — Greg Angel (@NewsGuyGreg) August 5, 2019
2016: Trump denounced white supremacy to Chris Wallace 2020: Chris Wallace tries the same HOAX, this time talking over Trump See it for yourself. It was a setup by Racist Hoaxer Chris Wallace! pic.twitter.com/BbxsJs2BTI — Ali Alexander 🟧 #JoeBidenIsSick (@ali) September 30, 2020
I would claim Wallace has a poor memory, but he seems to remember his mainstream media talking points just fine!
Even with the biased performance of Wallace, one must wonder whether the moderator of the second debate, Steve Scully, will outpace Wallace as top Establishment lapdog.
Some of Scully’s tweets already demonstrate how partial of a moderating force he would be between Biden – who Scully even interned for in college – and Trump.
No, Not Trump, Not Ever t.co/PFvHTeQSZu — Steve Scully (@SteveScully) March 18, 2016
Donald Trump should be my plebe t.co/JHTRMDKMS3 — Steve Scully (@SteveScully) February 27, 2017
Veteran White House Correspondents Speak Out On The “Danger” Of Trump’s Press Treatment t.co/UIhcxZgGR7 — Steve Scully (@SteveScully) November 20, 2016
Scully tweeting out a Media Matters article should tell you all you need to know about his opinion on Donald Trump.
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Media Matters notably went after Trump in 2016 and has even received millions from George Soros, which likely bought him a fair amount of influence over their editorial work.
Scully has also been lauded as the “most patient man on television” – which Trump will assuredly put to the test.
However, it’s already been reported the next debate will potentially have a mic mute for Scully to shut down Trump if he is too much for Joe Biden to handle and acts in similar fashion to his abrasive performance in the first debate.
It seems that the Establishment is not keen on deploying a truly unbiased moderator to helm the debates. They know any potential Biden/Trump moderator would need to guide Biden through Trump’s verbal lashing like Wallace did.
Joe Rogan wouldn’t do that in such a manner Scully would undoubtedly do as moderator. With President Trump’s recent diagnosis of COVID-19 – if the debates do happen, a battered and punished Trump will have to expect going up one against two with another bogus moderator propping Biden up throughout the night again.
Gotta love the @VP at the Biden Beach Bash '16 pic.twitter.com/Z9gdC6Cmi1 — Steve Scully (@SteveScully) June 4, 2016
The unaware will assume – “oh, a C-SPAN host, how balanced and fair!” In all likelihood, if the debates go on amidst the COVID-19 cases striking through DC, already weary viewers will sit in to another “moderated” bloodbath with another partisan hack that has no intention to moderate fair discussion.
As in 2016, this game is rigged and proves Trump right yet again.


investmentwatchblog--2020-10-06--President Trump’s Improving Health Suggests ‘The Virus Is Now One We Can Handle’… Harvard, Stanford,

President Trump’s Improving Health Suggests ‘The Virus Is Now One We Can Handle’… Harvard, Stanford, And Oxford Epidemiologists Launch Petition for an End to Lockdowns and Targeted Protections — Signed by Over 1,700 Medical Professionals

USA : Don ’ t be afraid of coronavirus – Trump returns to WH after being discharged from hospital Harvard @ @ @ @ @ Epidemiologists Launch Petition for an End to Lockdowns and Targeted Protections — Signed by Over @ @ @

USA: Don’t be afraid of coronavirus – Trump returns to WH after being discharged from hospital
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Harvard, Stanford, And Oxford Epidemiologists Launch Petition for an End to Lockdowns and Targeted Protections — Signed by Over 1,700 Medical Professionals
Out of 70,000+ positive reported COVID-19 cases on Universities: 3 hospitalizations
0 deaths pic.twitter.com/yIbIfI69uJ — Dr. Simone Gold (@drsimonegold) October 5, 2020


investmentwatchblog--2020-10-06--Gold Soars As US Budget Deficit Soars And M2 Velocity Crashes

Oddly , there is an election in less than a month and no one is talking about the crashing US @ @ @ @ @ spending is greater than government receipts [ taxes ] .
The US Federal Budget consists @ @ @ @ @ expenditures ( Social Security , Medicare , Medicaid , etc. )
.
Discretionary spending is @ @ @ @ @ Which budget it is growing the fastest ?
Medicare and Medicaid .
Defense is a @ @ @ @ @ .
Covid helped to drive the US budget deficit to -15.009 while M2 Money Velocity @ @ @ @ @ that printing money to stimulate economic growth isn ’ t working .
At the same @ @ @ @ @ lost its will to control their spending , gold prices has soared .
Note that @ @ @ @ @ budget deficits grow , then recede as budget deficits moderate .
But the latest spike @ @ @ @ @ gold to all-time highs .

by confoundedinterest17
Oddly, there is an election in less than a month and no one is talking about the crashing US budget deficit (where government spending is greater than government receipts [taxes].
The US Federal Budget consists mostly of “mandatory” expenditures (Social Security, Medicare, Medicaid, etc.). Discretionary spending is a much smaller amount.
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Which budget it is growing the fastest? Medicare and Medicaid. Defense is a small fraction of healthcare spending.
Covid helped to drive the US budget deficit to -15.009 while M2 Money Velocity has collapsed to 1.0970 indicating that printing money to stimulate economic growth isn’t working. At the same time that Washington DC has lost its will to control their spending, gold prices has soared.
Note that gold prices soar when US budget deficits grow, then recede as budget deficits moderate. But the latest spike in budget deficits has led gold to all-time highs.


investmentwatchblog--2020-10-06--After recovering from coronavirus, Trump orders Obama administration spy records declassified

( Natural News ) Just as promised , President Trump is back to work following a brief and minor stint with the Wuhan coronavirus ( covid-19 ) .
On Monday , the president asked White House chief of staff Mark Meadows to initiate the process of declassifying more documents exposing the Obama administration ’ s treasonous spy program against the Trump campaign .
Speaking to “ Fox and Friends , ” Meadows explained that Trump has requested “ getting some declassification rolling in follow-up to some of the requests that Devin Nunes ( R-Calif. ) and others have made , @ @ @ @ @ @ @ Ranking Member .
Though he did not elucidate on this , it has been speculated that Meadows was referring to two summary documents that Nunes told “ Sunday Morning Futures ” host Maria Bartiromo he is hoping to declassify , which would expose Igor Danchenko , the primary source of the phony Steele dossier .
A Washington-based Russian national , Danchenko was investigated by the FBI for being a suspected Kremlin spy .
Danchenko also made specious claims , all unsubstantiated , that were included in the Steele dossier as facts .
As @ @ @ @ @ @ @ a Russian spy , but is rather “ a run-of-the-mill Washington analyst who sourced his information from childhood acquaintances.
” “ The American public needs to see the three reports that we know about at least from the Democrats ’ Russian spy they hired , ” Nunes is quoted as saying .
You can keep up with the latest news about the Democrat agenda to unseat President Trump by visiting Corruption.news .
Nunes also referred to more classified documents tied to Director of National Intelligence ( DNI ) John Ratcliffe .
In a @ @ @ @ @ @ @ Graham ( R-S.C. ) , Ratcliffe revealed that the CIA obtained a Russian intelligence analysis back in 2016 linking failed presidential candidate Hillary Clinton to the “ Russian collusion ” conspiracy theory .
We now know that Clinton approved the plot on July 26 , 2016 , which immediately kicked into high gear to paint the Trump campaign as being in bed with the Russians , a phony narrative that has persisted among leftists ever since .
The goal was not only to make Trump look like a traitor , but also to @ @ @ @ @ @ @ scandal , which to this day has not been brought to justice .
“ The Clinton campaign created this sick fantasy , ” Nunes noted .
“ Then they went out and hired avatars to do it.
” According to Nunes , the documents he has already seen are “ smoking guns , ” and the American people need to see them .
Trump would seem to agree , which is why he has called on Meadows to make it happen .
“ That information definitely needs to be made available to the @ @ @ @ @ @ @ as saying .
“ And from what I understand there is even more underlying evidence that backs up what Director Ratcliffe put out.
” It is unfortunate that it has taken several years for this pertinent information to finally come out , seeing as how Nunes and his colleagues have been asking for it since early 2017 .
“ We want every damn bit of evidence that every intelligence agency has or it ’ s maybe time to shut those agencies down , because at the end of the day our liberties are @ @ @ @ @ @ @ in this country and they have been stampeded over by these dirty cops and the Democratic Party and the media [ which ] fails to report on it , ” Nunes added .
CIA Director John Brennan personally briefed Barack Obama back in July 2016 about the Clinton intelligence , this according to Ratcliffe who cited notes taken by Brennan himself .
This intelligence was also passed on as a criminal referral to then-FBI Director James Comey , along with special agent Peter Strzok .

by: Ethan Huff
(Natural News) Just as promised, President Trump is back to work following a brief and minor stint with the Wuhan coronavirus (covid-19).
On Monday, the president asked White House chief of staff Mark Meadows to initiate the process of declassifying more documents exposing the Obama administration’s treasonous spy program against the Trump campaign.
Speaking to “Fox and Friends,” Meadows explained that Trump has requested “getting some declassification rolling in follow-up to some of the requests that Devin Nunes (R-Calif.) and others have made,” Nunes being the House Intelligence Committee Ranking Member.
Though he did not elucidate on this, it has been speculated that Meadows was referring to two summary documents that Nunes told “Sunday Morning Futures” host Maria Bartiromo he is hoping to declassify, which would expose Igor Danchenko, the primary source of the phony Steele dossier.
A Washington-based Russian national, Danchenko was investigated by the FBI for being a suspected Kremlin spy. Danchenko also made specious claims, all unsubstantiated, that were included in the Steele dossier as facts.
As it turns out, Danchenko is not a Russian spy, but is rather “a run-of-the-mill Washington analyst who sourced his information from childhood acquaintances.”
“The American public needs to see the three reports that we know about at least from the Democrats’ Russian spy they hired,” Nunes is quoted as saying.
You can keep up with the latest news about the Democrat agenda to unseat President Trump by visiting Corruption.news.
CIA knew Hillary Clinton was behind Russian collusion conspiracy theory
Nunes also referred to more classified documents tied to Director of National Intelligence (DNI) John Ratcliffe. In a letter to Senate Judiciary Committee Chairman Lindsey Graham (R-S.C.), Ratcliffe revealed that the CIA obtained a Russian intelligence analysis back in 2016 linking failed presidential candidate Hillary Clinton to the “Russian collusion” conspiracy theory.
We now know that Clinton approved the plot on July 26, 2016, which immediately kicked into high gear to paint the Trump campaign as being in bed with the Russians, a phony narrative that has persisted among leftists ever since.
We are primarily funded by readers. Please subscribe and donate to support us!
The goal was not only to make Trump look like a traitor, but also to deflect from Clinton’s own email scandal, which to this day has not been brought to justice.
“The Clinton campaign created this sick fantasy,” Nunes noted. “Then they went out and hired avatars to do it.”
According to Nunes, the documents he has already seen are “smoking guns,” and the American people need to see them. Trump would seem to agree, which is why he has called on Meadows to make it happen.
“That information definitely needs to be made available to the American public,” Nunes is quoted as saying. “And from what I understand there is even more underlying evidence that backs up what Director Ratcliffe put out.”
It is unfortunate that it has taken several years for this pertinent information to finally come out, seeing as how Nunes and his colleagues have been asking for it since early 2017.
“We want every damn bit of evidence that every intelligence agency has or it’s maybe time to shut those agencies down, because at the end of the day our liberties are more important than anything else we have in this country and they have been stampeded over by these dirty cops and the Democratic Party and the media [which] fails to report on it,” Nunes added.
CIA Director John Brennan personally briefed Barack Obama back in July 2016 about the Clinton intelligence, this according to Ratcliffe who cited notes taken by Brennan himself. This intelligence was also passed on as a criminal referral to then-FBI Director James Comey, along with special agent Peter Strzok.
Sources for this article include:
TheEpochTimes.com
NaturalNews.com