Select date

May 2024
Mon Tue Wed Thu Fri Sat Sun

ROBERT LAMBOURNE: BIS CALLING IN SOME OF THEIR SWAPS

17-5-2021 < SGT Report 27 594 words
 

Let us have a look at the data for today


THE COMEX OI IN SILVER ROSE BY A SMALL SIZED 198 CONTRACTS FROM 175,384 UP TO 175,487, AND CLOSER TO THE NEW RECORD OF 244,710, SET FEB 25/2020. THE GAIN IN OI OCCURRED WITH OUR  $0.28 GAIN IN SILVER PRICING AT THE COMEX  ON FRIDAY. IT SEEMS THAT THE GAIN IN COMEX OI IS PRIMARILY DUE TO HUGE BANKER AND ALGO  SHORT COVERING AS OUR BANKER FRIENDS ARE GETTING QUITE SCARED OF BASEL III COMING JUNE 28/2021 !//STRONG REDDIT RAPTOR BUYING//.. COUPLED AGAINST A STRONG EXCHANGE FOR PHYSICAL ISSUANCE. WE ALSO  HAD ZERO LONG LIQUIDATION



WE WERE  NOTIFIED  THAT WE HAD A STRONG  NUMBER OF  COMEX LONGS TRANSFERRING THEIR CONTRACTS TO LONDON THROUGH THE EFP ROUTE: 724,, AS WE HAD THE FOLLOWING ISSUANCE: MAY:  0, JUNE: 0 JULY 724 AND ZERO ALL  OTHER MONTHS  AND THEREFORE TOTAL ISSUANCE 724 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! SILVER IS IN BACKWARDATION AND AS SUCH THE DANGER TO OUR BANKERS IS LONDONERS WILL PURCHASE CHEAPER FUTURES METAL OVER HERE AND THEN TAKE DELIVERY.




HISTORY OF SILVER OZ STANDING AT THE COMEX FOR THE PAST 33 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



2020



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***(5THHIGHEST RECORDED STANDING FOR SILVER)


2.205  MILLION OF FINAL STANDING FOR JUNE


86.470  MILLION OZ FINAL STANDING IN JULY…RECORD HIGHEST EVER RECORDED


6.475 MILLION OZ FINAL STANDING IN AUGUST


55.400 MILLION OZ FINAL STANDING IN SEPT (3RD HIGHEST RECORDED STANDING)


8.900 MILLION OZ INITIALLY STANDING IN OCT.


3.950 MILLION OZ FINAL STANDING IN NOV.


46.685 MILLION OZ FINAL STANDING FOR DEC. (4TH HIGHEST RECORDED STANDING)



2021



60 MILLION FINAL STANDING FOR JAN 2021


12.020  MILLION OZ FINAL STANDING FOR FEB 2021


58.425 MILLION OZ FINAL STANDING FOR MARCH 2021//2ND HIGHEST EVER RECORDED


14.935 MILLION OZ INITIAL STANDING FOR APRIL


36.645 MILLION OZ INITIAL STANDING FOR MAY






FRIDAY, AGAIN OUR CROOKS USED COPIOUS PAPER TRYING TO LIQUIDATE SILVER’S PRICE …AND THEY WERE


UNSUCCESSFUL IN KNOCKING THE PRICE OF SILVER DOWN ,(IT ROSE BY $0.28).OUR OFFICIAL SECTOR/BANKERS WERE UNSUCCESSFUL IN THEIR ATTEMPT TO FLEECE ANY SILVER LONGS AS  WE HAD A STRONG GAIN OF 922 CONTRACTS ON OUR TWO EXCHANGES.  THE GAIN WAS DUE TO i) HUGE BANKER/ALGO SHORT COVERING// WE ALSO HAD  ii) STRONG REDDIT RAPTOR BUYING//.    iii)  A STRONG ISSUANCE OF EXCHANGE FOR PHYSICALS iiii) A VERY STRONG INITIAL  SILVER STANDING FOR COMEX SILVER MEASURING AT 37.700 MILLION OZ AND THEN FALLING EACH DAY UNTIL TODAY LANDING AT 36.645 MILLION OZ ON DAY 11 AS NO SILVER WAS AVAILABLE ON THIS SIDE OF THE POND!, v) SMALL COMEX OI GAIN /




Print