FEB 26/COMEX DATA ONLY

GOLD: $1326.40 DOWN $1.10 (COMEX TO COMEX CLOSING)

Silver:   $15.87 DOWN 1 CENTS (COMEX TO COMEX CLOSING)

Closing access prices:

Gold :  xxx

 

silver: $xxx

 

 

 

 

 

 

For comex gold and silver:

FEBRUARY

 

 

 

NUMBER OF NOTICES FILED TODAY FOR  FEB CONTRACT: 135 NOTICE(S) FOR 13500 OZ (0.4199 tonnes)

TOTAL NUMBER OF NOTICES FILED SO FAR:  12,200 NOTICES FOR 1,220,000 OZ  (37.94 TONNES)

 

 

SILVER

 

FOR FEBRUARY

XXXXXXXXXXXXXXXXXXXXXXXXXXXXXX

 

1 NOTICE(S) FILED TODAY FOR 5,000  OZ/

 

total number of notices filed so far this month: 571 for 2,855,000

XXXXXXXXXXXXXXXXXXXXXXXXXXXXXX

 

 

The comex options expired at the comex today,  and London/LBMA options will expire  on Thursday, the 28th of February..

Expect extreme volatility until first day notice.

JPMorgan or Goldman Sachs are taking a huge issuance (stopping) of gold at the comex.

today 105/135

EXCHANGE: COMEX
CONTRACT: FEBRUARY 2019 COMEX 100 GOLD FUTURES
SETTLEMENT: 1,325.900000000 USD
INTENT DATE: 02/25/2019 DELIVERY DATE: 02/27/2019
FIRM ORG FIRM NAME ISSUED STOPPED
____________________________________________________________________________________________
657 C MORGAN STANLEY 2
661 C JP MORGAN 79 108
661 H JP MORGAN 1
686 C INTL FCSTONE 1
737 C ADVANTAGE 39 9
800 C MAREX SPEC 5
905 C ADM 2
991 H CME 4
____________________________________________________________________________________________

TOTAL: 125 125
MONTH TO DATE: 12,200

 

Let us have a look at the data for today

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In silver, the total OPEN INTEREST FELL BY A CONSIDERABLE SIZED 5358 CONTRACTS FROM 219,704 DOWN TO 214,346 DESPITE YESTERDAY’S 8 CENT LOSS IN SILVER PRICING AT THE COMEX. TODAY WE ARRIVED FURTHER FROM  AUGUST’S 2018  RECORD SETTING OPEN INTEREST OF 244,196 CONTRACTS. WE ALWAYS WITNESS A CONTRACTION IN TOTAL OI AS WE APPROACH FIRST DAY NOTICE AND IT SEEMS THE CULPRIT IS THE FORCED LIQUIDATION OF SPREADERS.

WE HAVE ALSO WITNESSED A LARGE 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:

695 EFP’S FOR MARCH,  0 FOR APRIL,  7 FOR MAY, 0 FOR DECEMBER AND ZERO FOR ALL  OTHER MONTHS  AND THEREFORE TOTAL ISSUANCE: OF 702 CONTRACTS. WITH THE TRANSFER OF 702 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 702 EFP CONTRACTS TRANSLATES INTO 3.5610MILLION 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 NINE 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.

AND NOW 2.860 MILLION OZ STANDING FOR FEBRUARY.

 

 

ACCUMULATION FOR EFP’S/SILVER/J.P.MORGAN’S HOUSE OF BRIBES, / STARTING FROM FIRST DAY NOTICE/FOR MONTH OF FEBRUARY: 25,907 CONTRACTS (FOR 17 TRADING DAYS TOTAL 25,907 CONTRACTS) OR 129.535 MILLION OZ: (AVERAGE PER DAY: 1523 CONTRACTS OR 7.619 MILLION OZ/DAY)

TO GIVE YOU AN IDEA AS TO THE HUGE SUPPLY THIS MONTH IN SILVER:  SO FAR THIS MONTH OF FEB:  129.535 MILLION PAPER OZ HAVE MORPHED OVER TO LONDON. THIS REPRESENTS AROUND 18.42% OF ANNUAL GLOBAL PRODUCTION (EX CHINA EX RUSSIA)*  JUNE’S 345.43 MILLION OZ IS THE SECOND HIGHEST RECORDED ISSUANCE OF EFP’S AND IT FOLLOWED THE RECORD SET IN APRIL 2018 OF 385.75 MILLION OZ.

ACCUMULATION IN YEAR 2019 TO DATE SILVER EFP’S:          334.55    MILLION OZ. (CORRECTED)

JANUARY 2019 EFP TOTALS:                                                      217.455. MILLION OZ.

 

 

RESULT: WE HAD A CONSIDERABLE SIZED DECREASE IN COMEX OI SILVER COMEX CONTRACTS OF 5358 WITH THE 8 CENT LOSS IN SILVER PRICING AT THE COMEX /YESTERDAY..THE CME NOTIFIED US THAT WE HAD  SMALL SIZED EFP ISSUANCE OF 702 CONTRACTS WHICH EXITED OUT OF THE SILVER COMEX AND TRANSFERRED THEIR OI TO LONDON AS FORWARDS. SPECULATORS CONTINUED THEIR INTEREST IN ATTACKING THE SILVER COMEX FOR PHYSICAL SILVER (SEE COMEX DATA) .

TODAY WE LOST A CONSIDERABLE SIZED: 4656 TOTAL OI CONTRACTS ON THE TWO EXCHANGES:

i.e 702 OPEN INTEREST CONTRACTS HEADED FOR LONDON  (EFP’s) TOGETHER WITH DECREASE OF 5358 OI COMEX CONTRACTS. AND ALL OF THIS  DEMAND HAPPENED WITH A 8 CENT LOSS IN PRICE OF SILVER  AND A CLOSING PRICE OF $15.88 WITH RESPECT TO YESTERDAY’S TRADING. YET WE HAD A GIGANTIC AMOUNT OF SILVER STANDING AT THE COMEX FOR DELIVERY 

 

 

In ounces AT THE COMEX, the OI is still represented by JUST OVER 1 BILLION oz i.e. 1.099 BILLION OZ TO BE EXACT or 157% of annual global silver production (ex Russia & ex China).

FOR THE NEW FRONT FEBRUARY MONTH/ THEY FILED AT THE COMEX: 1 NOTICE(S) FOR 5,000 OZ OF SILVER

IN SILVER,PRIOR TO TODAY, WE  SET THE NEW COMEX RECORD OF OPEN INTEREST AT 243,411 CONTRACTS ON APRIL 9.2018 AND AGAIN THIS HAS BEEN SET WITH A LOW PRICE OF $16.51.  

AND NOW WE RECORD FOR POSTERITY ANOTHER ALL TIME RECORD OPEN INTEREST AT THE COMEX OF 244,196 CONTRACTS ON AUGUST 22/2018 AND AGAIN WHEN THIS RECORD WAS SET, THE PRICE OF SILVER WAS $14.78 AND LOWER IN PRICE THAN PREVIOUS RECORDS.

ON THE DEMAND SIDE WE HAVE THE FOLLOWING:

  1. HUGE AMOUNTS OF SILVER STANDING FOR DELIVERY  (MARCH/2018: 27 MILLION OZ , APRIL/2018 : 2.485 MILLION OZ  MAY: 36.285 MILLION OZ ; JUNE/2018  (5.420 MILLION OZ) , JULY 2018 FINAL AMOUNT STANDING: 30.370 MILLION OZ   )  FOR AUGUST 6.065 MILLION OZ. , SEPT:  A HUGE 39.505 MILLION OZ./ OCTOBER: 2,520,000 oz  NOV AT 7.440 MILLION OZ./ DEC. AT 21.925 MILLION OZ   JANUARY AT  5.825 MILLION OZ.AND NOW FEB 2019:  2.860 MILLION OZ/
  2. HUGE RECORD OPEN INTEREST IN SILVER 243,411 CONTRACTS (OR 1.217 BILLION OZ/ SET APRIL 9/2018) AND NOW AUGUST 22/2018:  244,196 CONTRACTS,  WITH A SILVER PRICE OF $14.78.
  3. HUGE ANNUAL EFP’S ISSUANCE EQUAL TO 2.9 BILLION OZ OR 400% OF SILVER ANNUAL PRODUCTION/2017
  4. RECORD SETTING EFP ISSUANCE FOR ANY MONTH IN SILVER; APRIL/2018/ 385.75 MILLION OZ/  AND THE SECOND HIGHEST RECORDED EFP ISSUANCE JUNE 2018 345.43 MILLION OZ

AND YET, WITH THE EXTREMELY HIGH EFP ISSUANCE, WE HAVE A CONTINUAL LOW PRICE OF SILVER DESPITE THE ABOVE HUGE DEMAND.  TO ME THE ONLY ANSWER IS THAT WE HAVE SOVEREIGN  (CHINA) WHO IS ENDEAVOURING TO GOBBLE UP ALL AVAILABLE PHYSICAL SILVER NO MATTER WHERE, EXACTLY WHAT J.P.MORGAN IS DOING. AND IT IS MY BELIEF THAT J.P.MORGAN IS HOLDING ITS SILVER FOR ITS BENEFICIAL OWNER..THE USA GOVERNMENT WHO IN TURN IS HOLDING THAT SILVER FOR CHINA.(FOR A SILVER LOAN REPAYMENT).

 

IN GOLD, THE OPEN INTEREST FELL BY A HUGE SIZED 7347 CONTRACTS DOWN TO 497,573 WITH THE FALL IN THE COMEX GOLD PRICE/(A LOSS IN PRICE OF $3.10//YESTERDAY’S TRADING).

 

 

THE CME RELEASED THE DATA FOR EFP ISSUANCAND IT TOTALED A  FAIR  SIZED 3323 CONTRACTS:

 

MARCH HAD AN ISSUANCE OF 0 CONTACTS  APRIL 3059 CONTRACTS,JUNE: 0 CONTRACTS DECEMBER: 0 CONTRACTS AND ALL OTHER MONTHS ZERO.  The NEW COMEX OI for the gold complex rests at 497,573. ALSO REMEMBER THAT THERE WILL BE A DELAY IN THE ISSUANCE OF EFP’S.  THE BANKERS REMOVE LONG POSITIONS OF COMEX GOLD IMMEDIATELY.  THEN THEY ORCHESTRATE THEIR PRIVATE EFP DEAL WITH THE LONGS AND THAT COULD TAKE AN ADDITIONAL, 48 HRS SO WE GENERALLY DO NOT GET A MATCH WITH RESPECT TO DEPARTING COMEX LONGS AND NEW EFP LONG TRANSFERS. . EVEN THOUGH THE BANKERS ISSUED THESE MONSTROUS EFPS, THE OBLIGATION STILL RESTS WITH THE BANKERS TO SUPPLY METAL BUT IT TRANSFERS THE RISK TO A LONDON BANKER OBLIGATION AND NOT A NEW YORK COMEX OBLIGATION. LONGS RECEIVE A FIAT BONUS TOGETHER WITH A LONG LONDON FORWARD. THUS, BY THESE ACTIONS, THE BANKERS AT THE COMEX HAVE JUST STATED THAT THEY HAVE NO APPRECIABLE METAL!! THIS IS A MASSIVE FRAUD: THEY CANNOT SUPPLY ANY METAL TO OUR COMEX LONGS BUT THEY ARE QUITE WILLING TO SUPPLY MASSIVE NON BACKED GOLD (AND SILVER) PAPER KNOWING THAT THEY HAVE NO METAL TO SATISFY OUR LONGS. LONDON IS NOW SEVERELY BACKWARD IN BOTH GOLD AND SILVER  AND WE ARE WITNESSING DELAYS IN ACTUAL DELIVERIES.

IN ESSENCE WE HAVE  A CONSIDERABLE SIZED LOSS IN TOTAL CONTRACTS ON THE TWO EXCHANGES OF 4124 CONTRACTS: 7347 OI CONTRACTS DECREASED AT THE COMEX AND 3059 EFP OI CONTRACTS WHICH NAVIGATED OVER TO LONDON. THUS  TOTAL OI LOSS: 4124 CONTRACTS OR 412,400 = 12.82 TONNES. AND ALL OF THIS DEMAND OCCURRED WITH A LOSS IN THE PRICE OF GOLD/ YESTERDAY TO THE TUNE OF $3.10.

 

 

 

 

 

YESTERDAY, WE HAD 3059 EFP’S ISSUED.

ACCUMULATION OF EFP’S GOLD AT J.P. MORGAN’S HOUSE OF BRIBES: (EXCHANGE FOR PHYSICAL) FOR THE MONTH OF FEBRUARY : 95,730 CONTRACTS OR 9,573,000 OZ  OR 297.76 TONNES (17 TRADING DAYS AND THUS AVERAGING: 5,806 EFP CONTRACTS PER TRADING DAY

TO GIVE YOU AN IDEA AS TO THE STRONG SIZE OF THESE EFP TRANSFERS :  THIS MONTH IN 17 TRADING DAYS IN  TONNES: 297.76 TONNES

TOTAL ANNUAL GOLD PRODUCTION, 2018, THROUGHOUT THE WORLD EX CHINA EX RUSSIA: 2555 TONNES

THUS EFP TRANSFERS REPRESENTS 297.76/2550 x 100% TONNES = 11.67% OF GLOBAL ANNUAL PRODUCTION SO FAR IN DECEMBER ALONE.***

ACCUMULATION OF GOLD EFP’S YEAR 2019 TO DATE:     817.88  TONNES

JANUARY 2019 TOTAL EFP ISSUANCE;   531.20 TONNES

 

 

WHAT IS ALARMING TO ME, ACCORDING TO OUR LONDON EXPERT ANDREW MAGUIRE IS THAT THESE EFP’S ARE BEING TRANSFERRED TO WHAT ARE CALLED SERIAL FORWARD CONTRACT OBLIGATIONS AND THESE CONTRACTS ARE LESS THAN 14 DAYS.  ANYTHING GREATER THAN 14 DAYS, THESE MUST BE RECORDED AND SENT TO THE COMPTROLLER, GREAT BRITAIN TO MONITOR RISK TO THE BANKING SYSTEM.  IF THIS IS INDEED TRUE, THEN THIS IS A MASSIVE CONSPIRACY TO DEFRAUD AS WE NOW WITNESS A MONSTROUS TOTAL EFP’S ISSUANCE AS IT HEADS INTO THE STRATOSPHERE

 

 

Result: A FAIR SIZED DECREASE IN OI AT THE COMEX OF 7347 WITH THE LOSS IN PRICING ($3.10) THAT GOLD UNDERTOOK YESTERDAY) //.WE ALSO HAD A CONSIDERABLE SIZED NUMBER OF COMEX LONG TRANSFERRING TO LONDON THROUGH THE EFP ROUTE: 3323 CONTRACTS AS THESE HAVE ALREADY BEEN NEGOTIATED AND CONFIRMED.   THERE OBVIOUSLY DOES NOT SEEM TO BE MUCH PHYSICAL GOLD AT THE COMEX.  I GUESS IT EXPLAINS THE HUGE ISSUANCE OF EFP’S…THERE IS HARDLY ANY GOLD PRESENT AT THE GOLD COMEX FOR DELIVERY PURPOSES. IF YOU TAKE INTO ACCOUNT THE 3323 EFP CONTRACTS ISSUED, WE  HAD A HUGE LOSS OF 4656 CONTRACTS IN TOTAL OPEN INTEREST  ON THE TWO EXCHANGES:

3323 CONTRACTS MOVE TO LONDON AND 7347 CONTRACTS DECREASED AT THE COMEX. (IN TONNES, THE LOSS IN TOTAL OI EQUATES TO 12.82 TONNES). ..AND ALL OF THIS  DEMAND OCCURRED WITH THE LOSS OF $3.10 IN YESTDAY’S TRADING AT THE COMEX

 

 

we had:  135 notice(s) filed upon for 13500 oz of gold at the comex.

 

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With respect to our two criminal funds, the GLD and the SLV:

GLD...

 

WITH GOLD DOWN $1.10 TODAY 

 

 

A BIG  CHANGE IN INVENTORY AT THE GLD: A WITHDRAWAL OF 1.18 TONNES.

 

 

/GLD INVENTORY   788.33 TONNES

Inventory rests tonight: 788.31 tonnes.

 

TO ALL INVESTORS THINKING OF BUYING GOLD THROUGH THE GLD ROUTE: YOU ARE MAKING A TERRIBLE MISTAKE AS THE CROOKS ARE USING WHATEVER GOLD COMES IN TO ATTACK BY SELLING THAT GOLD.  IT SURE SEEMS TO ME THAT THE GOLD OBLIGATIONS AT THE GLD EXCEED THEIR INVENTORY

 

SLV/

WITH SILVER DOWN 8 CENTS  IN PRICE  TODAY:

 

NO CHANGE IN SILVER INVENTORY AT THE SLV..///

 

 

 

 

/INVENTORY RESTS AT 309.984 MILLION OZ.

Let us head over to the comex:

 

THE TOTAL COMEX GOLD OPEN FELL BY A HUGE SIZED 7347 CONTRACTS UP TO A LEVEL OF 497,573 DESPITE THE LOSS IN THE PRICE OF GOLD ($3.10) IN YESTERDAY’S COMEX TRADING).FOR THREE YEARS STRAIGHT WE HAVE NOTICED THAT ONE WEEK PRIOR TO FIRST DAY NOTICE OF AN ACTIVE DELIVERY MONTH THE COMEX OPEN INTEREST CONTRACTS AND EFP’S NOTICES EXPONENTIALLY INCREASE AS WELL AS WE WITNESS THE COMEX OPEN INTEREST COLLAPSE. ONCE WE GET TO FIRST DAY NOTICE, THEN THE OPEN INTEREST RISES., THE REASON FOR THE COLLAPSE IN OPEN INTEREST IS THE FORCED LIQUIDATION OF THE SPREADERS. WE WITNESSED THE ABOVE PHENOMENA IN SILVER STARTING TODAY.

 

 

WE ARE NOW IN THE  ACTIVE DELIVERY MONTH OF FEBRUARY..  THE CME REPORTS THAT THE BANKERS ISSUED A CONSIDERABLE SIZED COMEX TRANSFER THROUGH THE EFP ROUTE AS THESE LONGS RECEIVED A DELIVERABLE LONDON FORWARD TOGETHER WITH A FIAT BONUS., THAT IS 3323 EFP CONTRACTS WERE ISSUED:

FOR MARCH:  0. FOR APRIL 3323, FOR JUNE: 0 CONTRACTS AND FINALLY DECEMBER: 0 AND  ZERO FOR ALL OTHER MONTHS:

TOTAL EFP ISSUANCE:  3323 CONTRACTS.

THE OBLIGATION STILL RESTS WITH THE BANKERS ON THESE TRANSFERS. ALSO REMEMBER THAT THERE IS NO DOUBT A HUGE DELAY IN THE ISSUANCE OF EFP’S AND IT PROBABLY TAKES AT LEAST  48 HRS AFTER LONGS GIVE UP THEIR COMEX CONTRACTS FOR THEM TO RECEIVE THEIR EFP’S AS THEY ARE NEGOTIATING THIS CONTRACT WITH THE BANKS FOR A FIAT BONUS PLUS THEIR TRANSFER TO A LONDON BASED FORWARD.

ON A NET BASIS IN OPEN INTEREST WE LOST THE FOLLOWING TODAY ON OUR TWO EXCHANGES: 4656 TOTAL CONTRACTS IN THAT 3323 LONGS WERE TRANSFERRED AS FORWARDS TO LONDON AND WE LOST A HUGE SIZED 7347 COMEX CONTRACTS.

NET LOSS ON THE TWO EXCHANGES:4124 contracts OR 412,400  OZ OR 12.82 TONNES.

 

We are now in the active contract month of FEBRUARY and here the open interest stands at 177 contracts, and thus losing 823 contracts. . We had 779 contracts stand for delivery yesterday so we lost a small 44 contracts or 4400 additional oz  will not stand for delivery in this very active delivery month of February as they  morphed into London based forwards as well as accepting a sizable fiat bonus. The comex is out of gold!@! as the crooks scrounge around the comex looking for metal trying to put out fires elsewhere. The last few investors must have accepted a huge bonus to move to London.

 

 

 

The next non active delivery month after February is  March and here we lost 330 contracts to stand at 940.  After March, the next big delivery month is April and here the OI FELL by 7786 contracts UP to 350,805 contracts.

 

 

 

 

TODAY’S NOTICES FILED:

WE HAD 135 NOTICES FILED TODAY AT THE COMEX FOR 13500 OZ. (0.4149 tonnes)

 

 

 

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And now for the wild silver comex results.

Total COMEX silver OI FELL BY A CONSIDERABLE SIZED 5358 CONTRACTS FROM 219,704 DOWN TO 214,346(AND FURTHER FROM  THE NEW RECORD OI FOR SILVER SET ON AUGUST 22.2018.  (THE PREVIOUS RECORD WAS SET APRIL 9.2018/ 243,411 CONTRACTS) AND TODAY’S FAIR OI COMEX LOSS  OCCURRED WITH A GOOD 8 CENT LOSS IN PRICING. 

 

 

WE ARE NOW INTO THE NON ACTIVE DELIVERY MONTH OF FEBRUARY AND THE  AMOUNT OF OPEN INTEREST READY TO STAND IS 1 CONTRACTS, HAVING LOST 1 CONTRACTS FROM FRIDAY.  WE HAD 1 NOTICES FILED YESTERDAY SO WE LOST 0 CONTRACTS OR AN ADDITIONAL NIL OZ WILL STAND FOR DELIVERY IN THIS NON ACTIVE DELIVERY MONTH OF FEBRUARY AS THESE GUYS REFUSED TO MORPH INTO LONDON BASED FORWARDS AS WELL AS NEGATING A FIAT BONUS.

 

.

 

 

 

THE NEXT NON ACTIVE DELIVERY MONTH AFTER FEBRUARY IS THE VERY BIG AND ACTIVE DELIVERY MONTH OF MARCH AND HERE THE OI FELL BY 11,734 CONTRACTS DOWN TO 29,736 CONTRACTS. AFTER MARCH, APRIL ADVANCES TO 576 CONTRACTS FOR A GAIN OF 47 CONTRACTS.  AFTER APRIL, THE NEXT BIG ACTIVE DELIVERY MONTH IS MAY AND HERE THE OI ADVANCED BY 6480 CONTRACTS UP TO 141,039 CONTRACTS.

FIRST DAY NOTICE IS THURSDAY FEB 28.2019

 

 

 

 

ON A NET BASIS WE LOST 4656 SILVER OPEN INTEREST CONTRACTS AS WE OBTAINED A 5358 CONTRACT LOSS AT THE COMEX COMBINING WITH THE ADDITION OF 702 OI CONTRACTS NAVIGATING OVER TO LONDON.

NET LOSS ON THE TWO EXCHANGES:  4656 CONTRACTS...AND ALL OF THIS LOSS OF DEMAND OCCURRED WITH A 8 CENT LOSS IN PRICING// YESTERDAY

 

 

 

 

 

 

 

 

 

TODAY’S NUMBER OF NOTICES FILED:

 

We, today, had 1 notice(s) filed for 5,000 OZ for the FEB, 2019 COMEX contract for silver

 

 

Trading Volumes on the COMEX TODAY:  191,555  CONTRACTS

 

 

CONFIRMED COMEX VOL. FOR YESTERDAY:  191,871  contracts

comex gold volumes are getting extremely low as players just do not want to play in this casino.

 

 

 

 

 

 

 

 

 

 

INITIAL standings for  FEB/GOLD

FEB 26 /2019.

Gold Ounces
Withdrawals from Dealers Inventory in oz nil oz
Withdrawals from Customer Inventory in oz
70,188.436
oz
HSBC
Deposits to the Dealer Inventory in oz nil

oz

 

 

 

 

 

 

Deposits to the Customer Inventory, in oz  

 

 

 

1999.99 0z

 

oz

 

HSBC

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

No of oz served (contracts) today
135 notice(s)
 13500 OZ
(0.4197 TONNES)
No of oz to be served (notices)
42 contracts
(4200 oz)
Total monthly oz gold served (contracts) so far this month
12,220 notices
1,220,000 OZ
37.94 TONNES
Total accumulative withdrawals of gold from the Dealers inventory this month NIL oz
Total accumulative withdrawal of gold from the Customer inventory this month xxx oz

 

we had 0 dealer entries:

 

 

total dealer deposits: nil oz

total dealer withdrawals: 0 oz

We had 0 kilobar entries

 

we had 1 deposit into the customer account

i) Into hSBC; 1999.99 OZ

total gold deposits: 1999.99 oz

we had 1 gold withdrawals from the customer account:

i) OUT OF  HSBC: 70 ,188.436 oz

 

 

 

total gold withdrawing from the customer; 70,188.436  oz

we had 1  adjustments…
i) out of HSBC:  44,944.828 oz was adjusted  out of the dealer and this landed into the customer account of HSBC
the adjustment and withdrawal will be deemed a settlement.

FOR THE FEB 2019 CONTRACT MONTH)

Today, 0 notice(s) were issued from JPMorgan dealer account and 0 notices were issued from their client or customer account. The total of all issuance by all participants equates to 135 contract(s) of which 1 notices were stopped (received) by j.P. Morgan dealer and 105 notice(s) was (were) stopped/ Received) by j.P.Morgan customer account and 0 notices by the squid  (Goldman Sachs)

 

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To calculate the INITIAL total number of gold ounces standing for the FEBRUARY/2019. contract month, we take the total number of notices filed so far for the month (12,220) x 100 oz , to which we add the difference between the open interest for the front month of FEB. (177 contract) minus the number of notices served upon today (135 x 100 oz per contract) equals 1,224,200 OZ OR 38.07 TONNES) the number of ounces standing in this active month of FEBRUARY

Thus the INITIAL standings for gold for the FEB/2019 contract month:

No of notices served (12,220 x 100 oz)  + {177)OI for the front month minus the number of notices served upon today (135 x 100 oz )which equals 1,224,200 oz standing OR 38.07 TONNES in this active delivery month of FEBRUARY.

WE LOST A TINY 44 CONTRACTS OR AN ADDITIONAL 4400 OZ WILL NOT STAND AT THE COMEX AS THEY MORPHED INTO A LONDON BASED FORWARD AS WELL AS ACCEPTING A FIAT BONUS.

 

 

 

 

 

 

THERE ARE ONLY 20.236 TONNES OF REGISTERED COMEX GOLD AVAILABLE FOR DELIVERY AGAINST 38,07 TONNES STANDING FOR FEBRUARY

OF WHICH 37.94 TONNES OF GOLD HAVE ALREADY BEEN SERVED UPON SO FAR THIS MONTH.

NO SIGN OF SETTLEMENTS FOR THE GOLD THAT IS STANDING:

THE NEXT FEW DAYS WILL BE QUITE INTERESTING TO WATCH AT THE COMEX AS THERE IS MORE GOLD STANDING THAN REGISTERED.

 

 

 

total registered or dealer gold:  650,612.009 oz or  20.236 tonnes
total registered and eligible (customer) gold;   8,162,488 .910 oz 253.88 tonnes

FOR COMPARISON FEBRUARY 2019 TO THE  FEBRUARY 2018 COMEX GOLD CONTRACT MONTH & MARCH 2018 VS MARCH 2019 CONTRACTS

 

 

 

ON FEB 1.2018: 20.07 TONNES OF GOLD STOOD FOR DELIVERY, BUT BY THE END OF MONTH ONLY 8.55 TONNES EVENTUALLY STOOD AS THE REST MORPHED INTO LONDON BASED FORWARDS.

ON FEB 26.2018 WE HAD 1258 OPEN INTEREST CONTRACTS STANDING (2 DAYS BEFORE FIRST DAY NOTICE)  VS FEB 26.2019:  940 CONTRACTS.(2 DAYS BEFORE FDN)

ON FIRST DAY NOTICE MARCH 1/2018: TOTAL GOLD TONNAGE STANDING FOR DELIVERY: 2.1524 TONNES

THE FINAL AMOUNT OF GOLD TONNAGE: MARCH 31/2018:  1.6114 TONNES AS THE REST MORPHED INTO LONDON BASED FORWARDS.

IN THE LAST 29 MONTHS 101 NET TONNES HAS LEFT THE COMEX.

 

end

And now for silver

AND NOW THE NOV DELIVERY MONTH

FEB INITIAL standings/SILVER

FEB 26 2019
Silver Ounces
Withdrawals from Dealers Inventory NIL oz
Withdrawals from Customer Inventory
599,724,351 oz
CNT
brinks

 

 

Deposits to the Dealer Inventory
nil oz
Deposits to the Customer Inventory
nil
oz
No of oz served today (contracts)
1
CONTRACT(S)
5,000 OZ)
No of oz to be served (notices)
0 contracts
5NIL oz)
Total monthly oz silver served (contracts) 572 contracts

(2,860,000 oz)

Total accumulative withdrawal of silver from the Dealers inventory this month NIL oz
Total accumulative withdrawal of silver from the Customer inventory this month

we had 0 inventory movement at the dealer side of things

 

 

total dealer deposits: nil  oz

total dealer withdrawals: 0 oz

we had  1 deposits into the customer account

 

i) Into JPMorgan: nil  oz

 

*** JPMorgan for most of 2017 and in 2018 has adding to its inventory almost every single day.

JPMorgan now has 150.26 million oz of  total silver inventory or 50.61% of all official comex silver. (150.26 million/296 million)

 

i) Into everybody else: 0

 

 

 

 

 

 

 

 

 

 

 

 

total customer deposits today: nil   oz

 

we had 2 withdrawals out of the customer account:

 

i) out of CNT::  300,095.351 oz

ii) out of Brinks:  299,629.280 oz

 

 

 

 

 

 

 

 

 

 

 

 

total withdrawals: 599,724.351     oz

 

we had 0 adjustment..

 

 

total dealer silver:  87.812 million

total dealer + customer silver:  297.978 million oz

 

 

 

 

The total number of notices filed today for the FEBRUARY 2019. contract month is represented by 1 contract(s) FOR  5,000  oz

To calculate the number of silver ounces that will stand for delivery in FEB., we take the total number of notices filed for the month so far at 571 x 5,000 oz = 2,855,000 oz to which we add the difference between the open interest for the front month of FEB. (2) and the number of notices served upon today (1x 5000 oz) equals the number of ounces standing.

.

Thus the INITIAL standings for silver for the FEBRUARY/2019 contract month: 571(notices served so far)x 5000 oz + OI for front month of FEB( 1) -number of notices served upon today (1)x 5000 oz equals 2,860,000 oz of silver standing for the FEBRUARY contract month.  This is a strong number of oz standing for an off delivery month.

WE GAINED 0 CONTRACT OR AN ADDITIONAL 5NIL OZ WILL STAND AT THE COMEX AS THESE GUYS REFUSED TO MORPH INTO LONDON BASED FORWARDS AS WELL AS  NEGATING A FIAT BONUS

 

FOR COMPARISON SILVER COMEX CONTRACT MONTH  FEB 2018 VS FEB 2019

 

 

 

 

ON FIRST DAY NOTICE FEB 1/2018 CONTRACT MONTH WE HAD 670,000 OZ STAND FOR DELIVERY.  AT THE MONTH’S CONCLUSION WE HAD 2.035 MILLION OZ STAND AS WE WITNESSED QUEUE JUMPING ON A REGULAR BASIS AT THE SILVER COMEX.

ON FEB 26.2018 WE HAD 33,811 OPEN INTEREST MARCH CONTRACTS STILL LEFT STANDING WITH 2 DAYS LEFT BEFORE FIRST DAY NOTICE VS FEB 25.2019: 29,736  MARCH CONTRACTS WITH 2 DAYS LEFT BEFORE FIRST DAY NOTICE.

ON MARCH 1.2018 WE HAD 24.670 MILLION OZ OF SILVER STAND FOR DELIVERY. BY THE CONCLUSION OF THE DELIVERY MONTH, 27.190 MILLION OZ STOOD AS QUEUE JUMPING IN THE SILVER COMEX ARENA HAD BEEN THE NORM FOR QUITE A WHILE.

 

 

 

 

 

 

 

 

 

 

xxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxx

 

TODAY’S SILVER VOLUME:  98,825 CONTRACTS

 

 

CONFIRMED VOLUME FOR YESTERDAY: 104,966 CONTRACTS… 

 

 

 

 

YESTERDAY’S CONFIRMED VOLUME OF 104,966 CONTRACTS EQUATES to 524 million OZ  74.9% OF ANNUAL GLOBAL PRODUCTION OF SILVER

COMMODITY LAW SUGGESTS THAT OPEN INTEREST SHOULD NOT BE MORE THAN 3% OF ANNUAL GLOBAL PRODUCTION. THE CROOKS ARE SUPPLYING MASSIVE PAPER TRYING TO KEEP SILVER IN CHECK.

The record level of silver open interest is 234,787 contracts set on April 21./2017 with the price at that day at $18.42
The previous record was 224,540 contracts with the price at that time of $20.44

end

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