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CHINA THINKING TO END THE PETRODOLLAR SCHEME AS THEY MOVE TO PROTECT SAUDI ARABIA

19-7-2023 < SGT Report 17 1199 words
 

by Harvey Organ, Harvey Organ Blog:


GOLD CLOSED UP $23.45 TO $1976.60//SILVER SURPASSES THE 25 DOLLAR LEVEL TO $25.05//PLATINUM CLOSES UP $7.25 TO $987.15 WHILE PALLADIUM HAD A SOLID DAY UP $33.95 TO $1319.00//IMPORTANT COMMENTARIES TODAY: MATHEW PIEPENBERG//CHINA THINKING TO END THE PETRODOLLAR SCHEME AS THEY MOVE TO PROTECT SAUDI ARABIA//EU TO ELIMINATE ENERGY SUBSIDIES//TURKEY’S AGREEMENT TO ALLOW SWEDEN INTO NATO IS NOT A DONE DEAL WITH MANY CONTENIOUS STILL ON THE TABLE: DOWN GOES THE LIRA//COVID UPDATES/DR PAUL ALEXANDER//SLAY NEWS/VACCINE IMPACT/NEWS ADDICTS//USA RETAIL SALES DISAPPOINTS//INDUSTRIAL PRODUCTION IN THE USA LAGS//BIDEN TO PUMP ANOTHER $1.3 BILLION DOLLARS TO UKRAINE SO THAT MONEY CAN BE FUNNELED BACK TO DEMS.


TRUTH LIVES on at https://sgtreport.tv/


GOLD PRICE CLOSED: UP $23.45 TO $1976.60


SILVER PRICE CLOSED: UP $0.25   AT $25.05


Access prices: closes 4: 15 PM


Gold ACCESS CLOSE 1978.35


Silver ACCESS CLOSE: 25.06


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Bitcoin morning price:, $29978 DOWN 268  Dollars


Bitcoin: afternoon price: $29892 DOWN 354 dollars


Platinum price closing  $987.15 UP  $7.25


Palladium price;     $1319.00


 UP $33.65


END


Due to the huge rise in the dollar, we must look at gold and silver in currencies other than the dollar to understand where we are heading


I will now provide gold in Canadian dollars, British pounds and Euros/4: 15 PM ACCESS


CANADIAN GOLD: $2,605.80 UP 24.92 CDN dollars per oz (ALL TIME HIGH 2,775.35)


BRITISH GOLD: 1517.86 UP 21.52 pounds per oz//(ALL TIME HIGH//CLOSING///1630.29)


EURO GOLD: 1761.85 UP 31.20 euros per oz //(ALL TIME HIGH/CLOSING//1861.21)//


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EXCHANGE: COMEX


 EXCHANGE: COMEXCONTRACT: JULY 2023 COMEX 100 GOLD FUTURES
SETTLEMENT: 1,952.400000000 USD
INTENT DATE: 07/17/2023 DELIVERY DATE: 07/19/2023
FIRM ORG FIRM NAME ISSUED STOPPED


   ____________________________________________________________________________________________


190 H BMO CAPITAL 12363 H WELLS FARGO SEC 2
435 H SCOTIA CAPITAL 8
624 H BOFA SECURITIES 5
657 H MORGAN STANLEY 1
685 C RJ OBRIEN 1
737 C ADVANTAGE 1



JPMorgan stopped 0/20 contracts.


FOR JULY:


GOLD: NUMBER OF NOTICES FILED FOR JULY/2023. CONTRACT:  15 NOTICES FOR 1500 OZ  or  0.04665 TONNES


total notices so far: 2529 contracts for 252,900 oz (7.8662 tonnes)



FOR  JULY:


SILVER NOTICES: 12 NOTICE(S) FILED FOR 60,000 OZ/


total number of notices filed so far this month : 4053 for 20,265,000 oz


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END


GLD


WITH GOLD UP $23.45


INVESTORS SWITCHING TO SPROTT PHYSICAL  (PHYS) INSTEAD OF THE FRAUDULENT GLD//


NO CHANGES IN GOLD INVENTORY AT THE GLD:


INVENTORY RESTS AT 912.93 TONNES


Silver//


WITH NO SILVER AROUND AND SILVER  UP $0.25  AT  THE SLV// NO CHANGES IN SILVER INVENTORY AT THE SLV:


INVESTORS ARE SWITCHING SLV TO SPROTT’S PSLV.


CLOSING INVENTORY: 455.875 MILLION OZ


Let us have a look at the data for today


SILVER//OUTLINE



SILVER COMEX OI ROSE BY A HUGE SIZED 3253 CONTRACTS TO 145,190 AND CLOSER TO THE  RECORD HIGH OI OF 244,710, SET FEB 25/2020 AND THIS HUGE SIZED GAIN IN COMEX OI WAS ACCOMPLISHED WITH OUR   $0.19 LOSS  IN SILVER PRICING AT THE COMEX ON MONDAY. TAS ISSUANCE WAS A GOOD SIZED 532 CONTRACTS. THESE WILL BE USED FOR MANIPULATION LATER THIS MONTH .  CRAIG HEMKE HAS POINTED OUT THAT THE CROOKS USE THE MID MONTH FOR MANIPULATION AS THEY SELL THEIR BUY SIDE OF THE CALENDAR SPREAD FIRST AND THEN KEEP THE SELL SIDE TO LIQUIDATE AT A LATER DATE.  THUS WE HAVE TWO VEHICLES THE CROOKS USE FOR MANIPULATION AND BOTH ARE SPREADERS:  1) AT MONTH’S END/SPREADERS COMEX AND 2/ TAS SPREADERS, MID MONTH. TOTAL TAS ISSUED ON MONDAY NIGHT: 532 CONTRACTS. DESPITE MANY COMPLAINTS THAT THE CROOKS HAVE VIOLATED POSITION LIMITS DUE TO THE FACT THAT THE TAS ISSUED HAVE A VALUE  OF ZERO (AS TO POSITION LIMITS FOR OUR CROOKED BANKERS). THE PROBLEM OF COURSE IS THAT THE CROOKS DO NOT LIQUIDATE THE TAS TOGETHER BUT SELL THE BUY SIDE FIRST AND THEN LIQUIDATE THE SELL SIDE TWO MONTHS HENCE. IT IS OBVIOUS MANIPULATION TO THE HIGHEST DEGREE BUT IT NATURALLY FELL ON DEAF EARS WITH OUR REGULATORS (OCC) WHEN THEY RECEIVED OUR COMPLAINTS. IT THUS LOOKS LIKE THE FED (GOV’T) IS BEHIND ALL OF THESE TRADES.


WE HAVE NOW SET ANOTHER RECORD LOW AT 114,102 CONTRACTS ///JULY 3.2023//  OUR BANKERS WERE  SUCCESSFUL IN KNOCKING THE PRICE OF SILVER DOWN (IT FELL BY $0.19). BUT WERE UNSUCCESSFUL IN KNOCKING ANY SPEC LONGS AS WE HAD A HUMONGOUS  GAIN ON OUR TWO EXCHANGES OF 4321 CONTRACTS.   WE HAD 0 CRIMINAL NOTICES FILED IN THE CATEGORY OF  EXCHANGE FOR RISK TRANSFER FOR 0 MILLION OZ// (  THE TOTAL ISSUED IN THIS CATEGORY SO FAR THIS MONTH TOTAL 1.25 MILLION OZ.).  WE HAVE NOW RETURNED TO OUR USUAL AND CUSTOMARY SCENARIO: BANKERS SHORT AND SPECS LONG WITH MANIPULATION NOW MID MONTH AND BEYOND, DUE TO (TAS) MANIPULATION.


WE  MUST HAVE HAD:



A GIGANTIC  ISSUANCE OF EXCHANGE FOR PHYSICALS( 1068 CONTRACTS) iiii) AN  INITIAL SILVER STANDING FOR COMEX SILVER MEASURING AT 16.110 MILLION OZ (FIRST DAY NOTICE) FOLLOWED BY TODAY’S  20,000 OZ QUEUE JUMP+ 0 MILLION OZ EXCHANGE FOR RISK//NEW STANDING: 21.130 MILLION OZ + 1.20 EXCHANGE FOR RISK =  22.140 MILLION OZ/  // HUGE SIZED COMEX OI GAIN/ HUGE SIZED EFP ISSUANCE/VI)  GOOD NUMBER OF  T.A.S. CONTRACT ISSUANCE (532 CONTRACTS)/ZERO EXCHANGE FOR RISK


 I AM NOW RECORDING THE DIFFERENTIAL IN OI FROM PRELIMINARY TO FINAL  +  728 CONTRACTS


HISTORICAL ACCUMULATION OF EXCHANGE FOR PHYSICALS JULY. ACCUMULATION FOR EFP’S SILVER/JPMORGAN’S HOUSE OF BRIBES/STARTING FROM FIRST DAY/MONTH OF JULY:


TOTAL CONTRACTS for 10 days, total 12,239 contracts:   OR 61.195 MILLION OZ  (1223 CONTRACTS PER DAY)


TOTAL EFP’S FOR THE MONTH SO FAR:  61.195 MILLION OZ


LAST 23 MONTHS TOTAL EFP CONTRACTS ISSUED  IN MILLIONS OF OZ:


MAY 137.83 MILLION


JUNE 149.91 MILLION OZ


JULY 129.445 MILLION OZ


AUGUST: MILLION OZ 140.120


SEPT. 28.230 MILLION OZ//


OCT:  94.595 MILLION OZ


NOV: 131.925 MILLION OZ


DEC: 100.615 MILLION OZ


YEAR 2022:


 JAN 2022-DEC 2022


JAN 2022//  90.460 MILLION OZ


FEB 2022:  72.39 MILLION OZ//


MARCH: 207.140  MILLION OZ//A NEW RECORD FOR EFP ISSUANCE


APRIL: 114.52 MILLION OZ FINAL//LOW ISSUANCE


MAY: 105.635 MILLION OZ//


JUNE: 94.470 MILLION OZ


JULY : 87.110 MILLION OZ


AUGUST: 65.025 MILLION OZ


SEPT. 74.025 MILLION OZ///FINAL


OCT.  29.017 MILLION OZ FINAL


NOV: 134.290 MILLION OZ//FINAL


DEC, 61.395 MILLION OZ FINAL


TOTALS YR 2022: 1135.767 MILLION OZ (1.1356 BILLION OZ)


JAN 2023///   53.070 MILLION OZ //FINAL


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