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MUST VIEW TONIGHT: ANDREW MAGUIRE ON SCOTIA’S FORCED REGULATORY DEPARTURE FROM THE LBMA

20-6-2020 < SGT Report 21 1415 words
 

by Harvey Organ, Harvey Organ Blog:


WILD DAY TODAY: GOLD UP $16.50 TO $1741.00//SILVER UP 22 CENTS TO $17.64//GOLD TONNAGE STANDING AT THE COMEX; 162.2 TONNES//MUST READ TONIGHT: RONAN MANLY ON THE COMEX GOLD INFLUX//MUST VIEW TONIGHT: ANDREW MAGUIRE ON SCOTIA’S FORCED REGULATORY DEPARTURE FROM THE LBMA//CORONAVIRUS UPDATE//CHINA VS USA// WIRECARD CORP, IN GERMANY MASSIVE FRAUD//HUGE NUMBER OF USA RELATED STORIES FOR YOU TONIGHT//SWAMP STORIES FOR YOU TONIGHT



GOLD:$1741.00  UP $16.50   The quote is London spot price


Silver:$17.64  UP 22 CENTS//LONDON SPOT PRICE




Closing access prices:  London spot











































i)Gold : $1742.50  LONDON SPOT  4:30 pm



ii)SILVER:  $17.60//LONDON SPOT  4:30 pm


CLOSING FUTURES PRICES:  KEY MONTHS





AUG GOLD:  $1752.80  CLOSE 1.30 PM//   SPREAD SPOT (LONDON) VS/FUTURE AUGUST: $  + 11.80



CLOSING SILVER FUTURE MONTH





JULY: 1:30 PM:              $17.95//1:30 PM //SPREAD SPOT LONDON VS FUTURE JULY:      31 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: 7/12


EXCHANGE: COMEX
CONTRACT: JUNE 2020 COMEX 100 GOLD FUTURES
SETTLEMENT: 1,724.800000000 USD
INTENT DATE: 06/18/2020 DELIVERY DATE: 06/22/2020
FIRM ORG FIRM NAME ISSUED STOPPED
____________________________________________________________________________________________
657 C MORGAN STANLEY 2
657 H MORGAN STANLEY 4
661 C JP MORGAN 7
800 C MAREX SPEC 6
905 C ADM 4 1
____________________________________________________________________________________________


TOTAL: 12 12
MONTH TO DATE: 52,022






NUMBER OF NOTICES FILED TODAY FOR  JUNE CONTRACT: 12 NOTICE(S) FOR 1200 OZ ( 0.037 tonnes)



TOTAL NUMBER OF NOTICES FILED SO FAR:  52022 NOTICES FOR 5,202,200 OZ  (161.810 TONNES)







FOR JUNE




1 NOTICE(S) FILED TODAY FOR  5,000  OZ/



total number of notices filed so far this month: 428 for 2,140,000 oz



BITCOIN MORNING QUOTE  $9415  UP $29



BITCOIN AFTERNOON QUOTE.: $9303 DOWN 83



GLD AND SLV INVENTORIES:


WITH GOLD UP $11.80 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 UP A STRONG 22 CENTS TODAY: AND WITH NO SILVER AROUND



A HUGE CHANGE IN SILVER INVENTORY AT THE SLV..STRANGE?????















A STRONG  WITHDRAWAL OF 0.839 MILLION OZ/

















RESTING SLV INVENTORY TONIGHT:



SLV: 486.454  MILLION OZ./






XXXXXXXXXXXXXXXXXXXXXXXXX


Let us have a look at the data for today






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IN SILVER THE COMEX OI FELL BY A TINY SIZED 391 CONTRACTS FROM 177,480 DOWN  TO 177,122 AND FURTHER FROM OUR NEW RECORD OF 244,710, (FEB 25/2020. THE TINY SIZED LOSS IN  OI OCCURRED WITH OUR 16 CENT LOSS IN SILVER PRICING AT THE COMEX. IT SEEMS THAT THE LOSS IN COMEX OI IS DUE TO SOME  BANKER SHORT COVERING PLUS A SMALL EXCHANGE FOR PHYSICAL ISSUANCE, MINIMAL LONG LIQUIDATION, ACCOMPANYING  A SMALL INCREASE IN SILVER OZ STANDING AT THE COMEX FOR JUNE.  WE HAD A NET LOSS IN OUR TWO EXCHANGES OF 251 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: 140  AND SEPT 0 FOR ZERO ALL  OTHER MONTHS  AND THEREFORE TOTAL ISSUANCE  140 CONTRACTS. WITH THE TRANSFER OF 140 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 140 EFP CONTRACTS TRANSLATES INTO 0.700 MILLION OZ  ACCOMPANYING:




1.THE 16 CENT FALL 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


2.175  MILLION OF INITIALLY STANDING FOR JUNE






THURSDAY, 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 16 CENTS).. AND,OUR OFFICIAL SECTOR/BANKERS  WERE SOMEWHAT SUCCESSFUL IN THEIR ATTEMPT TO FLEECE SOME SILVER LONGS FROM THEIR POSITIONS. THE TINY LOSS AT THE COMEX WAS ACCOMPANIED BY : i)  A FAIR ISSUANCE OF EXCHANGE FOR PHYSICALS 2) A SMALL INCREASE IN SILVER OZ STANDING  SOME BANKER SHORT COVERING  AND 4) MINIMAL LONG LIQUIDATION AS  WE DID HAVE A STRONG NET LOSS OF 251 CONTRACTS OR 1.050 MILLION OZ ON THE TWO EXCHANGES! YOU CAN BET THE FARM THAT OUR BANKER  ARE DESPERATE TO LIQUIDATE THEIR HUGE SHORT POSITIONS IN SILVER


SPREADING OPERATIONS



OUR SPREADING OPERATION HAS NOW SWITCHED INTO SILVER…..


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 JULY.






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





















































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