by Harvey Organ, Harvey Organ Blog:
GOLD UP $14.00 TO $1741.00//SILVER UP 15 CENTS TO $17.79/COMEX GOLD TONNAGE STANDING; 164 TONNES/HUGE PAPER DEPOSIT OF GOLD INTO GLD OF 23.09 TONNES///JEFF BERMAN REMOVED AS ATTORNEY GENERAL OF NY// TOM LUONGO ON THE GERMAN AFFAIR: A MUST READ//CORONAVIRUS REPORTS FROM SAT TO MONDAY//GREG ABBOTT ALARMED AT RISE OF CORONAVIRUS//ALARM BELLS SOUNDING OFF WITH CHINA AND INDIA AND NORTH KOREA AND SOUTH KOREA//MAINLAND CHINA VS TAIWAN
GOLD::$1755.00 UP $14.00 The quote is London spot price
Silver:$17.79 UP 15 CENTS//LONDON SPOT PRICE
Closing access prices: London spot
i)Gold : $1754.50 LONDON SPOT 4:30 pm
ii)SILVER: $17.71//LONDON SPOT 4:30 pm
CLOSING FUTURES PRICES: KEY MONTHS
gold premium: august /spot $15.00
silver premium July/spot 13 cents.
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:
NUMBER OF NOTICES FILED TODAY FOR JUNE CONTRACT: 186 NOTICE(S) FOR 18,600 OZ ( 0.5785 tonnes)
TOTAL NUMBER OF NOTICES FILED SO FAR: 52208 NOTICES FOR 5,220,800 OZ (162.388 TONNES)
FOR JUNE
0 NOTICE(S) FILED TODAY FOR nil OZ/
total number of notices filed so far this month: 428 for 2,140,000 oz
BITCOIN MORNING QUOTE $9391 UP $93
BITCOIN AFTERNOON QUOTE.: $9575 UP 280
GLD AND SLV INVENTORIES:
WITH GOLD UP $14.00 AND NO PHYSICAL TO BE FOUND ANYWHERE:
WITH ALL REFINERS CLOSED//MEXICO ORDERING ALL MINES SHUT: WHERE ARE THEY GETTING THE “PHYSICAL”?
A MONSTROUS CRIMINAL CHANGE IN GOLD INVENTORY AT THE GLD// A DEPOSIT OF 23.09 TONNES OF GOLD
RESTS TONIGHT AT 1159.31 TONNES
GLD: 1,159.31 TONNES OF GOLD//
WITH SILVER UP A STRONG 15 CENTS TODAY: AND WITH NO SILVER AROUND
NO CHANGES IN SILVER INVENTORY AT THE SLV..STRANGE?????
RESTING SLV INVENTORY TONIGHT:
SLV: 486.454 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 GIGANTIC SIZED 4718 CONTRACTS FROM 177,122 UP TO 181,807, AND CLOSER TO OUR NEW RECORD OF 244,710, (FEB 25/2020. THE HUGE SIZED GAIN IN OI OCCURRED WITH OUR STRONG 22 CENT GAIN IN SILVER PRICING AT THE COMEX. IT SEEMS THAT THE GAIN IN COMEX OI IS DUE TO HUGE BANKER SHORT COVERING PLUS A FAIR EXCHANGE FOR PHYSICAL ISSUANCE, ZERO LONG LIQUIDATION, ACCOMPANYING A ZERO INCREASE IN SILVER OZ STANDING AT THE COMEX FOR JUNE. WE HAD A NET GAIN IN OUR TWO EXCHANGES OF 5530 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: 750 AND SEP 0 FOR ZERO ALL OTHER MONTHS AND THEREFORE TOTAL ISSUANCE 750 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 750 EFP CONTRACTS TRANSLATES INTO 3.750 MILLION OZ ACCOMPANYING:
1.THE 22 CENT RISE 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
FRIDAY, 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 22 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 ZERO INCREASE IN SILVER OZ STANDING HUGE BANKER SHORT COVERING AND 4) ZERO LONG LIQUIDATION AS WE DID HAVE A STRONG NET GAIN OF 5343 CONTRACTS OR 27.650 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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