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USA AGAIN HAS AN ADDITIONAL 1.508 MILLION ADDED FOR UNEMPLOYMENT BENEFITS
by Harvey Organ, Harvey Organ Blog:
GOLD DOWN $2.75 TO $1724.50//SILVER DOWN 16 CENTS TO $17.42//GOLD COMEX DELIVERY TONNAGE: 162.05 TONNES//CORONAVIRUS UPDATE//KIM THREATENS USA AGAIN//USA AGAIN HAS AN ADDITIONAL 1.508 MILLION ADDED FOR UNEMPLOYMENT BENEFITS // SWAMP STORIES FOR YOU TONIGHT
GOLD:$1724.50 DOWN $2.75 The quote is London spot price
Silver:$17.42 DOWN 16 CENTS//LONDON SPOT PRICE
Closing access prices: London spot
i)Gold : $1723.90 LONDON SPOT 4:30 pm
ii)SILVER: $17.39//LONDON SPOT 4:30 pm
CLOSING FUTURES PRICES: KEY MONTHS
AUG GOLD: $1731.50 CLOSE 1.30 PM// SPREAD SPOT (LONDON) VS/FUTURE AUGUST: $ + 7.00
CLOSING SILVER FUTURE MONTH
JULY: 1:30 PM: $17.55//1:30 PM //SPREAD SPOT LONDON VS FUTURE JULY: 13 CENTS PER OZ//
the gold market continues to be broken as future prices are much higher than spot prices. The comex is desperate to fix things but they have no available gold.
If one is to buy gold and or gold coins, the price is around $2800. usa per oz
and silver; $31.00 per oz//
LADIES AND GENTLEMEN: YOU ARE NOW WITNESSING FIRST HAND THE DIFFERENCE BETWEEN PAPER GOLD/SILVER AND THE REAL PHYSICAL STUFF!!
DO NOT PAY ANY ATTENTION TO WHAT THE CROOKS ARE DOING AT THE COMEX AND LONDON LBMA..PHYSICAL IS THE NAME OF THE GAME AND NOTHING ELSE
COMEX DATA
JPMorgan has been receiving gold with reckless abandon and sometimes supplying (stopping)
today RECEIVING: 771/1541
EXCHANGE: COMEX
CONTRACT: JUNE 2020 COMEX 100 GOLD FUTURES
SETTLEMENT: 1,729.200000000 USD
INTENT DATE: 06/17/2020 DELIVERY DATE: 06/19/2020
FIRM ORG FIRM NAME ISSUED STOPPED
____________________________________________________________________________________________
072 C GOLDMAN 14
072 H GOLDMAN 81
104 C MIZUHO 3
132 C SG AMERICAS 4
135 H RAND 1
167 C MAREX 3
190 H BMO CAPITAL 8
323 H HSBC 4
355 C CREDIT SUISSE 9
624 C BOFA SECURITIES 20
657 C MORGAN STANLEY 14 68
657 H MORGAN STANLEY 312
661 C JP MORGAN 686
661 H JP MORGAN 85
685 C RJ OBRIEN 3
690 C ABN AMRO 22 9
732 C RBC CAP MARKETS 4
800 C MAREX SPEC 10
880 C CITIGROUP 2
880 H CITIGROUP 1500
905 C ADM 5 4
991 H CME 211
____________________________________________________________________________________________
TOTAL: 1,541 1,541
MONTH TO DATE: 52,010
NUMBER OF NOTICES FILED TODAY FOR JUNE CONTRACT: 1541 NOTICE(S) FOR 154,100 OZ ( 4.793 tonnes)
TOTAL NUMBER OF NOTICES FILED SO FAR: 52010 NOTICES FOR 5,201,000 OZ (161.772 TONNES)
FOR JUNE
2 NOTICE(S) FILED TODAY FOR 10,000 OZ/
total number of notices filed so far this month: 427 for 2,135,000 oz
BITCOIN MORNING QUOTE $9429 DOWN $36
BITCOIN AFTERNOON QUOTE.: $9388 DOWN 76
GLD AND SLV INVENTORIES:
WITH GOLD DOWN $2.75 AND NO PHYSICAL TO BE FOUND ANYWHERE:
WITH ALL REFINERS CLOSED//MEXICO ORDERING ALL MINES SHUT: WHERE ARE THEY GETTING THE “PHYSICAL”?
NO CHANGES IN GOLD INVENTORY AT THE GLD//
RESTS TONIGHT AT 1136.22 TONNES
GLD: 1,136.22 TONNES OF GOLD//
WITH SILVER DOWN GOOD 16 CENTS TODAY: AND WITH NO SILVER AROUND
A HUGE CHANGE IN SILVER INVENTORY AT THE SLV..
A STRONG DEPOSIT OF 0.932 MILLION OZ/ (THIS SILVER WAS PROBABLY BORROWED BY SCOTIA FROM JPMORGAN)
RESTING SLV INVENTORY TONIGHT:
SLV: 487.293 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 ROSE BY A STRONG SIZED 3094 CONTRACTS FROM 174,386 UP TO 177,480 AND CLOSER TO OUR NEW RECORD OF 244,710, (FEB 25/2020. THE STRONG SIZED GAIN IN OI OCCURRED WITH OUR 8 CENT ADVANCE IN SILVER PRICING AT THE COMEX. IT SEEMS THAT THE GAIN IN COMEX OI IS DUE TO STRONG BANKER SHORT COVERING PLUS A SMALL EXCHANGE FOR PHYSICAL ISSUANCE, ZERO LONG LIQUIDATION, ACCOMPANYING A SMALL INCREASE IN SILVER OZ STANDING AT THE COMEX FOR JUNE. WE HAD A NET GAIN IN OUR TWO EXCHANGES OF 3367 CONTRACTS (SEE CALCULATIONS BELOW).
WE HAVE ALSO WITNESSED A HUMONGOUS AMOUNT OF PHYSICAL METAL STAND FOR COMEX DELIVERY AS WELL WE ARE WITNESSING CONSIDERABLE LONGS PACKING THEIR BAGS AND MIGRATING OVER TO LONDON IN GREATER NUMBERS IN THE FORM OF EFP’S. WE WERE NOTIFIED THAT WE HAD A SMALL SIZED NUMBER OF COMEX LONGS TRANSFERRING THEIR CONTRACTS TO LONDON THROUGH THE EFP ROUTE: JULY: 150 AND SEPT 100 FOR ZERO ALL OTHER MONTHS AND THEREFORE TOTAL ISSUANCE 250 CONTRACTS. WITH THE TRANSFER OF 250 CONTRACTS, WHAT THE CME IS STATING IS THAT THERE IS NO SILVER (OR GOLD) TO BE DELIVERED UPON AT THE COMEX AS THEY MUST EXPORT THEIR OBLIGATION TO LONDON. ALSO KEEP IN MIND THAT THERE CAN BE A DELAY OF 24-48 HRS IN THE ISSUING OF EFP’S. THE 250 EFP CONTRACTS TRANSLATES INTO 1.25 MILLION OZ ACCOMPANYING:
1.THE 8 CENT GAIN IN SILVER PRICE AT THE COMEX AND
2. THE STRONG AMOUNT OF SILVER OUNCES WHICH STOOD FOR DELIVERY IN THE LAST 12 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
2.170 MILLION OF INITIALLY STANDING FOR JUNE
WEDNESDAY, AGAIN OUR CROOKS USED COPIOUS PAPER IN ORDER TO LIQUIDATE SILVER’S PRICE…AND THEY WERE UNSUCCESSFUL IN KNOCKING THE PRICE OF SILVER DOWN (IT ROSE 8 CENTS).. AND,OUR OFFICIAL SECTOR/BANKERS WERE SOMEWHAT SUCCESSFUL IN THEIR ATTEMPT TO FLEECE SOME SILVER LONGS FROM THEIR POSITIONS. THE CONSIDERABLE LOSS AT THE COMEX WAS ACCOMPANIED BY : i) A FAIR ISSUANCE OF EXCHANGE FOR PHYSICALS 2) A SMALL INCREASE IN SILVER OZ STANDING CONSIDERABLE BANKER SHORT COVERING AND 4) ZERO LONG LIQUIDATION AS WE DID HAVE A STRONG NET GAIN OF 3344 CONTRACTS OR 16.720 MILLION OZ ON THE TWO EXCHANGES! YOU CAN BET THE FARM THAT OUR BANKER ARE DESPERATE TO LIQUIDATE THEIR HUGE SHORT POSITIONS IN SILVER
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