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HUGE PREMIUMS FUTURE/SPOT CONTINUES FOR SILVER AS THIS METAL IS SCARCE IN EUROPE AND IN THE USA
by Harvey Organ, Harvey Organ Blog:
GOLD DOWN 50 CENTS TO $1798.80//SILVER UP 7 CENTS TO $18.69//HUGE TONNAGE STANDING AT THE COMEX: 21.321 TONNES//HUGE PREMIUMS FUTURE/SPOT CONTINUES FOR SILVER AS THIS METAL IS SCARCE IN EUROPE AND IN THE USA/ANDREW MAGUIRE TALKS WITH CHRIS MARCUS ON THE SILVER FRAUD AT THE SLV AND JPMORGAN///CORONAVIRUS UPDATES THROUGHOUT THE GLOBE//CHINA VS USA UPDATES//SWAMP STORIES FOR YOU TONIGHT
GOLD:$1798.80 DOWN $0.50 The quote is London spot price
Silver:$18.69// UP 7 CENTS London spot price
FRIDAY’S ARE GOOD DAYS FOR OUR BANKERS TO RAID ESPECIALLY AFTER 12 PM AS OUR STRONG PHYSICAL MARKETS IN LONDON ARE PUT TO BED.
Closing access prices: London spot
i)Gold : $1798.50 LONDON SPOT 4:30 pm
ii)SILVER: $18.72//LONDON SPOT 4:30 pm
CLOSING FUTURES PRICES: KEY MONTHS
AUG GOLD: $1802.60 CLOSE 1.30 PM// SPREAD SPOT/FUTURE AUG /: $3.80
CLOSING SILVER FUTURE MONTH
SILVER SEPT COMEX CLOSE; $19.06…1:30 PM.//SPREAD SPOT/FUTURE SEPT// : 37 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 $2600. usa per oz
and silver; $29.00 per oz//
LADIES AND GENTLEMEN: YOU ARE NOW WITNESSING FIRST HAND THE DIFFERENCE BETWEEN PAPER GOLD/SILVER AND THE REAL PHYSICAL STUFF!!
COMEX DATA
JPMorgan has been receiving gold with reckless abandon and sometimes supplying (stopping)
today RECEIVING: 70/564
issued 500
EXCHANGE: COMEX
CONTRACT: JULY 2020 COMEX 100 GOLD FUTURES
SETTLEMENT: 1,799.200000000 USD
INTENT DATE: 07/09/2020 DELIVERY DATE: 07/13/2020
FIRM ORG FIRM NAME ISSUED STOPPED
____________________________________________________________________________________________
072 H GOLDMAN 5
118 H MACQUARIE FUT 102
135 H RAND 3
152 C DORMAN TRADING 11
226 C DIRECT ACCESS 1
355 C CREDIT SUISSE 92
555 C BNP PARIBAS SEC 1
624 C BOFA SECURITIES 4
657 C MORGAN STANLEY 44
657 H MORGAN STANLEY 13
661 C JP MORGAN 500 70
686 C INTL FCSTONE 1
690 C ABN AMRO 2 2
732 C RBC CAP MARKETS 1
737 C ADVANTAGE 17 62
800 C MAREX SPEC 41 102
878 C PHILLIP CAPITAL 3 18
905 C ADM 33
____________________________________________________________________________________________
TOTAL: 564 564
MONTH TO DATE: 6,671
NUMBER OF NOTICES FILED TODAY FOR JULY CONTRACT: 564 NOTICE(S) FOR 56400 OZ (1.751 tonnes)
TOTAL NUMBER OF NOTICES FILED SO FAR: 6671 NOTICES FOR 667100 OZ (20.714 TONNES)
FOR JULY
165 NOTICE(S) FILED TODAY FOR 825,000 OZ/
total number of notices filed so far this month: 13,658 for 68.290 MILLION oz
BITCOIN MORNING QUOTE $9287 UP 30
BITCOIN AFTERNOON QUOTE.: $9238 DOWN $5
GLD AND SLV INVENTORIES:
WITH GOLD DOWN $0.50 AND NO PHYSICAL TO BE FOUND ANYWHERE:
WITH ALL REFINERS CLOSED//MEXICO ORDERING ALL MINES SHUT: WHERE ARE THEY GETTING THE “PHYSICAL”?
STRANGE: A HUGE CHANGE IN GOLD INVENTORY AT THE GLD: A WITHDRAWAL OF 1.75 TONNES
(AND NO DOUBT USED IN THE RAID TODAY)
GLD: 1,200.82 TONNES OF GOLD//
WITH SILVER UP 7 CENTS TODAY: AND WITH NO SILVER AROUND:
A HUGE CHANGE IN SILVER INVENTORY AT THE SLV: A MONSTROUS PAPER DEPOSIT OF 4.844 MILLION OZ//
THIS IS A MASSIVE FRAUD
RESTING SLV INVENTORY TONIGHT:
SLV: 515.795 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 SMALL SIZED 324 CONTRACTS FROM 176,125 DOWN TO 175,801, AND FURTHER FROM OUR NEW RECORD OF 244,710, (FEB 25/2020. THE TINY SIZED LOSS IN OI OCCURRED WITH OUR 8 CENT LOSS IN SILVER PRICING AT THE COMEX. IT SEEMS THAT THE LOSS IN COMEX OI IS PRIMARILY DUE TO HUGE BANKER SHORT COVERING PLUS A GOOD EXCHANGE FOR PHYSICAL ISSUANCE, ZERO LONG LIQUIDATION, ACCOMPANYING A SMALL INCREASE IN SILVER STANDING AT THE COMEX FOR JULY. WE HAD A NET GAIN IN OUR TWO EXCHANGES OF 244 CONTRACTS (SEE CALCULATIONS BELOW).
WE HAVE ALSO WITNESSED A HUGE 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: 0 AND SEP 553 FOR ZERO ALL OTHER MONTHS AND THEREFORE TOTAL ISSUANCE 553 CONTRACTS. WITH THE TRANSFER OF 553 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 553 EFP CONTRACTS TRANSLATES INTO 2.765 MILLION OZ ACCOMPANYING:
1.THE 8 CENT LOSS 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
2.205 MILLION OF FINAL STANDING FOR JUNE
81.75 MILLION OZ INITIALLY IN JULY.
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 8 CENTS).. AND,OUR OFFICIAL SECTOR/BANKERS WERE UNSUCCESSFUL IN THEIR ATTEMPT TO FLEECE ANY SILVER LONGS FROM THEIR POSITIONS. THE SMALL LOSS AT THE COMEX WAS ACCOMPANIED BY : i) A TINY ISSUANCE OF EXCHANGE FOR PHYSICALS 2) A SMALL INCREASE IN STANDING OF SILVER OZ STANDING FOR JULY, STRONG BANKER SHORT COVERING AND 4) ZERO LONG LIQUIDATION AS WE DID HAVE A NET GAIN OF 229 CONTRACTS OR 1.145 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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