by Harvey Organ, Harvey Organ Blog:

GOLD UP $2.00 TO $1923.20/SILVER UP 28 CENTS TO $25.11//GOLD STANDING AT THE COMEX ADVANCES AGAIN TO 102.177 TONNES/SILVER STANDING CLOSE TO 10 MILLION OZ//CORONAVIRUS UPDATES GLOBE//WHO FLIP- FLOPS AND NOW STATES LOCKDOWNS ARE BAD!/PELOSI REJECTS TRUMPS’ HIGHER OFFER OF QE/RICH AMERICANS RUSHING TO CHANGE ESTATE PLANS FEARING A BIDEN VICTORY//DAVID SCHOEN AND RAUL MEIJER MUST READS..//MORE SWAMPS STORIES FOR YOU TONIGHT

GOLD:$1923.20 UP $2.00 The quote is London spot price

Silver:$25.11 UP $0.28 London spot price ( cash market)

your data…

Closing access prices: London spot

i)Gold : $1923.20 LONDON SPOT 4:30 pm

ii)SILVER: $25.12//LONDON SPOT 4:30 pm

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CLOSING FUTURES PRICES: KEY MONTHS

OCT GOLD: 1922.80 CLOSE 1.30 PM// SPREAD SPOT/FUTURE OCT /: $0.50 BACKWARD//

DEC. GOLD $1929.20 CLOSE 1.30 PM SPREAD SPOT/FUTURE DEC $6.00/ CONTANGO ( $1.50 ABOVE NORMAL CONTANGO) //

CLOSING SILVER FUTURE MONTH

SILVER NOV COMEX CLOSE; $25.32…1:30 PM.//SPREAD SPOT/FUTURE SEPT// : ( 21 CENTS CONTANGO/ 21 CENTS ABOVE NORMAL CONTANGO//)

SILVER DECEMBER CLOSE: $25.25 1:30 PM SPREAD SPOT/FUTURE DEC. : 14 CENTS PER OZ CONTANGO ( 10 CENTS ABOVE NORMAL) CONTANGO

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COMEX DATA

JPMorgan has been receiving gold with reckless abandon and sometimes supplying (stopping)

receiving today: 350/1592

EXCHANGE: COMEX
CONTRACT: OCTOBER 2020 COMEX 100 GOLD FUTURES
SETTLEMENT: 1,919.500000000 USD
INTENT DATE: 10/09/2020 DELIVERY DATE: 10/13/2020
FIRM ORG FIRM NAME ISSUED STOPPED
____________________________________________________________________________________________
072 C GOLDMAN 333 83
099 H DB AG 36
104 C MIZUHO 31
118 H MACQUARIE FUT 57
132 C SG AMERICAS 8
135 H RAND 2
323 C HSBC 14
332 H STANDARD CHARTE 82
355 C CREDIT SUISSE 11
435 H SCOTIA CAPITAL 6
624 C BOFA SECURITIES 2
657 C MORGAN STANLEY 111
657 H MORGAN STANLEY 220
661 C JP MORGAN 5 290
661 H JP MORGAN 60
690 C ABN AMRO 71 16
709 C BARCLAYS 232
709 H BARCLAYS 261
732 C RBC CAP MARKETS 1
737 C ADVANTAGE 1
800 C MAREX SPEC 15 32
880 C CITIGROUP 20
880 H CITIGROUP 1166
905 C ADM 18
____________________________________________________________________________________________

TOTAL: 1,592 1,592
MONTH TO DATE: 28,601

ISSUED:5

GOLDMAN SACHS STOPPED 83 CONTRACTS.

NUMBER OF NOTICES FILED TODAY FOR OCT. CONTRACT: 1592 NOTICE(S) FOR 159200 OZ (4.9517 tonnes)
TOTAL NUMBER OF NOTICES FILED SO FAR: 28601 NOTICES FOR 2,860,100 OZ ( 88.96 tonnes)

SILVER//OCTOBER CONTRACT

161 NOTICE(S) FILED TODAY FOR 805,000 OZ/
total number of notices filed so far this month: 1735 for 8,675,000 oz

BITCOIN MORNING QUOTE $11263 DOWN 105

BITCOIN AFTERNOON QUOTE.: UP $11,550 181DOLLARS .

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GLD AND SLV INVENTORIES:

WITH GOLD UP $2.00 AND NO PHYSICAL TO BE FOUND ANYWHERE:

WITH ALL REFINERS CLOSED//MEXICO ORDERING ALL MINES SHUT: WHERE ARE THEY GETTING THE “PHYSICAL?

A HUGE 6.13 TONNES OF GOLD ADDED INTO THE GLD

GLD: 1,277.65 TONNES OF GOLD//

WITH SILVER UP 28 CENTS TODAY: AND WITH NO SILVER AROUND:

A HUGE PAPER WITHDRAWAL OF 1.396 MILLION OZ FROM THE SLV///

SLV: 558.867 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 2182 CONTRACTS FROM 156,809 UP TO 158,991, AND CLOSER TO OUR NEW RECORD OF 244,710, (FEB 25/2020. THE GAIN IN OI OCCURRED WITH OUR VERY STRONG $1.00 GAIN IN SILVER PRICING AT THE COMEX. IT SEEMS THAT THE GAIN IN COMEX OI IS DUE TO CONSIDERABLE BANKER AND ALGO SHORT COVERING.. COUPLED AGAINST A WEAK EXCHANGE FOR PHYSICAL (675 CONTRACTS). WE ALSO HAD ZERO LONG LIQUIDATION, AND A VERY STRONG INCREASE IN SILVER OUNCES STANDING AT THE COMEX FOR OCT. WE HAD A STRONG NET GAIN IN OUR TWO EXCHANGES OF 2857 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: 675, AS WE HAD THE FOLLOWING ISSUANCE: OCT 0; DEC: 675, MARCH 0 FOR ZERO ALL OTHER MONTHS AND THEREFORE TOTAL ISSUANCE 675 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

9.820 MILLION OZ INITIALLY STANDING IN OCT.

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 $1.00) ).. AND, OUR OFFICIAL SECTOR/BANKERS WERE UNSUCCESSFUL IN THEIR ATTEMPT TO FLEECE ANY SILVER LONGS AS WE HAD A HUGE GAIN IN OUR TWO EXCHANGES (2857 CONTRACTS). NO DOUBT THE GAIN IN OI WAS DUE TO i) HUGE BANKER/ALGO SHORT COVERING. WE ALSO HAD ii) A SMALL ISSUANCE OF EXCHANGE FOR PHYSICALS 2) A VERY STRONG GAIN IN SILVER OZ STANDING FOR OCTOBER, iii) STRONG COMEX GAIN 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:

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AS I HAVE MENTIONED IN PREVIOUS COMMENTARIES:

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