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BANKS HAVE NOW RUN OUT OF BALANCE SHEET TO HOLD EXCESSIVE RESERVES

20-5-2021 < SGT Report 30 605 words
 
















by Harvey Organ, Harvey Organ Blog:


GOLD UP 20 CENTS TO $1881.35//SIVER UP 4 CENTS TO $27.95//GOLD TONNAGE STANDING AT THE COMEX INCREASES TO 5.4 TONNES/SILVER OZ STANDING CONSTANT AT 36.695 MILLION OZ//JUNE OI COMEX GOLD STANDING FOR OUR DELIVERY MONTH: 214,000 CONTRACTS//CORONAVIRUS UPDATES/VACCINE UPDATES//FED’S REVERSE REPO FACILITY SEES ANOTHER $57 BILLION ADDED TO IT UP TO $351 BILLION AS BANKS HAVE NOW RUN OUT OF BALANCE SHEET TO HOLD EXCESSIVE RESERVES// ISRAELI-PALESTINIAN CEASEFIRE TO BEGIN AT 2 AM ISRAELI TIME//IN USA: STILL 16 MILLION AMERICANS STILL ON THE DOLE
TRUTH LIVES on at https://sgtreport.tv/


GOLD:$1881.35   UP $0.20   The quote is London spot price


Silver:$27.95   UP 4 CENTS   London spot price ( cash market)


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Closing access prices:  London spot


i)Gold : $1877.30 LONDON SPOT  4:30 pm


ii)SILVER:  $27.77//LONDON SPOT  4:30 pm



























Meanwhile the separation between physical and spot continues to increase. Gold Eagles are now showing + $180 or more to spot on several popular sites. Silver Eagles are + $13 and up to spot. If you ignore the ticker going by on cable news gold is nearly $2k in the real world, silver $40. That’s still a pittance, but nothing like MSM is presenting to the public.


may 17  Jim McShirley



Forgot to mention the Gold Eagle physical to spot widened another $5 today, now around + $185 or more. Spot has practically become like the GLD, which is little more than a heavily-discounted tracker to the real stuff. Gold coins are indeed MUCH closer to all-time highs than the Crimex price. It will be interesting to see if this keeps blowing out until spot prices are meaningless.



May 19: James McShirley


Coin premiums to spot continue to widen. Gold Eagles blew out another $20 and are now + $200 and up to spot. Despite the futures selloff Silver Eagles are holding steady around $40 and up. Physical buying is belying the Crimex racket. T

































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