GOLD:$1578,70 UP $6.15 (COMEX TO COMEX CLOSING
Silver:$18.08 DOWN 3 CENTS (COMEX TO COMEX CLOSING)
Gold : $1582.00
silver: $18.11
COMEX DATA
JPMorgan has been receiving gold with reckless abandon and sometimes supplying (stopping)
today RECEIVING: 0/12
EXCHANGE: COMEX
CONTRACT: JANUARY 2020 COMEX 100 GOLD FUTURES
SETTLEMENT: 1,571.100000000 USD
INTENT DATE: 01/24/2020 DELIVERY DATE: 01/28/2020
FIRM ORG FIRM NAME ISSUED STOPPED
____________________________________________________________________________________________
072 H GOLDMAN 7
657 C MORGAN STANLEY 3
737 C ADVANTAGE 4
905 C ADM 2 8
____________________________________________________________________________________________
TOTAL: 12 12
MONTH TO DATE: 2,703
we are coming very close to a commercial failure!!
NUMBER OF NOTICES FILED TODAY FOR JAN CONTRACT: 12 NOTICE(S) FOR 1200 OZ (0.0373 tonnes)
TOTAL NUMBER OF NOTICES FILED SO FAR: 2703 NOTICES FOR 270300 OZ (8.407 TONNES)
SILVER
FOR JAN
WOW!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
228 NOTICE(S) FILED TODAY FOR 1,140,000 OZ/
total number of notices filed so far this month: 995 for 4,975,000 oz
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Bitcoin: OPENING MORNING TRADE : $ 8718 UP $95
Bitcoin: FINAL EVENING TRADE: $ 8977 UP 302
Let us have a look at the data for today
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IN SILVER THE COMEX OI ROSE A HUGE SIZED 2650 CONTRACTS FROM 233,745 UP TO 236,395 WITH OUR STRONG 27 CENT GAIN IN SILVER PRICING AT THE COMEX.
TODAY WE ARRIVED CLOSER TO AUGUST’S 2018 RECORD SETTING OPEN INTEREST OF 244,196 CONTRACTS.
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 GOOD SIZED NUMBER OF COMEX LONGS TRANSFERRING THEIR CONTRACTS TO LONDON THROUGH THE EFP:,
; FEB 0; MARCH: 985 AND MAY: 0 AND JULY: 0 ZERO FOR ALL OTHER MONTHS AND THEREFORE TOTAL ISSUANCE 985 CONTRACTS. WITH THE TRANSFER OF 985 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 985 EFP CONTRACTS TRANSLATES INTO 4.925 MILLION OZ ACCOMPANYING:
1.THE 27 CENT GAIN IN SILVER PRICE AT THE COMEX AND
2. THE STRONG AMOUNT OF SILVER OUNCES WHICH STOOD FOR DELIVERY IN THE LAST 12 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
4.975 MILLION OZ INITIALLY STANDING IN JAN
FRIDAY, AGAIN OUR CROOKS USED COPIOUS PAPER IN ORDER TO CONTAIN SILVER’S PRICE…AND THEY WERE UNSUCCESSFUL IN KNOCKING THE PRICE OF SILVER DOWN (IT ROSE 27 CENTS).. AND, OUR OFFICIAL SECTOR/BANKERS WERE UNSUCCESSFUL IN THEIR ATTEMPT TO FLEECE SOME SILVER LONGS AS THE TOTAL GAIN IN OI ON BOTH EXCHANGES TOTALED 3635 CONTRACTS. OR 18.175 MILLION OZ…..
ACCUMULATION FOR EFP’S/SILVER/J.P.MORGAN’S HOUSE OF BRIBES, / STARTING FROM FIRST DAY NOTICE/FOR MONTH OF JAN:
22,558 CONTRACTS (FOR 17 TRADING DAYS TOTAL 22,558 CONTRACTS) OR 112.79 MILLION OZ: (AVERAGE PER DAY: 1326 CONTRACTS OR 6.634 MILLION OZ/DAY)
TO GIVE YOU AN IDEA AS TO THE HUGE SUPPLY THIS MONTH IN SILVER: SO FAR THIS MONTH OF JAN: 112.79 MILLION PAPER OZ HAVE MORPHED OVER TO LONDON. THIS REPRESENTS AROUND 16.11% 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 2020 TO DATE SILVER EFP’S: 112.79 MILLION OZ.
JANUARY 2020 EFP TOTALS SO FAR: 112.79 MILLION OZ
RESULT: WE HAD A HUGE SIZED INCREASE IN COMEX OI SILVER COMEX CONTRACTS OF 2650, WITH THE 27 CENT GAIN IN SILVER PRICING AT THE COMEX /FRIDAY… THE CME NOTIFIED US THAT WE HAD A VERY GOOD SIZED EFP ISSUANCE OF 985 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 GAINED A STRONG SIZED SIZED: 3635 TOTAL OI CONTRACTS ON THE TWO EXCHANGES:
i.e 985 OPEN INTEREST CONTRACTS HEADED FOR LONDON (EFP’s) TOGETHER WITH INCREASE OF 2650 OI COMEX CONTRACTS.AND ALL OF THIS STRONG DEMAND HAPPENED WITH A 27 CENT GAIN IN PRICE OF SILVER AND A CLOSING PRICE OF $18.11 // FRIDAY’S TRADING. YET WE STILL HAVE A STRONG 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. 1.182 BILLION OZ TO BE EXACT or 169% of annual global silver production (ex Russia & ex China).
FOR THE NEW FRONT JAN MONTH/ THEY FILED A MONSTER NOTICE AT THE COMEX: 228 NOTICE(S) FOR 1,140,000 OZ OF SILVER.
IN SILVER,PRIOR TO TODAY, WE SET THE NEW COMEX RECORD OF OPEN INTEREST AT 244,196 CONTRACTS ON AUG 22.2018. AND AGAIN THIS HAS BEEN SET WITH A LOW PRICE OF $14.70
.
ON THE DEMAND SIDE WE HAVE THE FOLLOWING:
- 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 FEB 2019: 2.955 MILLION OZ/ MARCH: 27.120 MILLION OZ/ APRIL AT 3.875 MILLION OZ/ A MAY: 18.845 MILLION OZ ..JUNE 2.660 MILLION OZ//JULY 22.605 MILLION OZ; AUGUST 10.025 MILLION OZ/ SEPT 43.030 MILLION OZ//OCT: 7.665 MILLION OZ// NOV: 2.630 MILLION OZ//DEC: 20.970 MILLION OZ; JAN: 4.975,000 OZ
- THE RECORD WAS SET IN AUGUST 22/2018: 244,196 CONTRACTS, WITH A SILVER PRICE OF $14.78//.
- HUGE ANNUAL EFP’S ISSUANCE EQUAL TO 2.9 BILLION OZ OR 400% OF SILVER ANNUAL PRODUCTION/2017 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)
GOLD
IN GOLD, THE COMEX OPEN INTEREST FELL BY A STRONG SIZED 11,757 CONTRACTS TO 787,065 AND MOVING AWAY FROM OUR NEW RECORD (SET JAN 24/2020) AT 799,541 AND PREVIOUS TO THAT: (SET JAN 6/2020) AT 797,110.
THE HUGE FALL IN COMEX OI OCCURRED DESPITE OUR GAIN OF $6.65 IN PRICING ACCOMPANYING COMEX GOLD TRADING// FRIDAY// IN CONTRAST TO THURSDAY ALL OF THE LOSS AT THE COMEX WAS DUE TO SPREADER LIQUIDATION..A TOTAL CRIMINAL OPERATION AS IT HAS NO LEGITIMATE FUNCTION
THE CME RELEASED THE DATA FOR EFP ISSUANCE AND IT TOTALED A VERY STRONG SIZED 9020 CONTRACTS:
JAN 2020: 0 CONTRACTS, FEB> 9020 CONTRACTS; MARCH 00 APRIL: 0; JUNE. 0 AND ALL OTHER MONTHS ZERO. The NEW COMEX OI for the gold complex rests at 787,065,. 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 SMALL SIZED LOSS IN TOTAL CONTRACTS ON THE TWO EXCHANGES OF 2737 CONTRACTS: 11,757 CONTRACTS DECREASED AT THE COMEX AND 9020 EFP OI CONTRACTS WHICH NAVIGATED OVER TO LONDON. THUS TOTAL OI LOSS OF 2737 CONTRACTS OR 273,700 OZ OR 8.513 TONNES. FRIDAY WE HAD A STRONG GAIN OF $6.65 IN GOLD TRADING….
AND WITH THAT GAIN IN PRICE, WE HAD A LOSS IN GOLD TONNAGE OF 8.513 TONNES!!!!!! THE BANKERS/OFFICIAL SECTOR WERE SUPPLYING INFINITE SUPPLIES OF SHORT GOLD COMEX PAPER WITH RECKLESS ABANDON. THE BANKERS WERE UNSUCCESSFUL IN THEIR ATTEMPT TO LOWER GOLD’S PRICE (UP $6.65). THEY WERE TOTALLY UNSUCCESSFUL IN THEIR ATTEMPT TO FLEECE GOLD LONGS FROM THE GOLD ARENA AS THE ENTIRE LOSS IN COMEX OI WAS DUE TO SPREADER LIQUIDATION
SPREADING LIQUIDATION HAS NOW STOPPED IN SILVER AS THEY MORPH INTO GOLD AS THEY HEAD TOWARDS THE NEW FRONT MONTH WILL BE FEBRUARY.
FOR THOSE OF YOU WHO ARE NEW, HERE IS THE MODUS OPERANDI OF THE SPREADERS AND THE CRIMINAL ELEMENT BEHIND IT:
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
FOR THOSE OF YOU WHO ARE NEWCOMERS HERE IS A BRIEF SYNOPSIS OF HOW THE CROOKS FLEECE UNSUSPECTING LONGS IN THE SPREADING ENDEAVOUR;
MODUS OPERANDI OF THE CORRUPT BANKERS AS TO HOW THEY HANDLE THEIR SPREAD OPEN INTERESTS:
.
AS I HAVE MENTIONED IN PREVIOUS COMMENTARIES:
“AS YOU WILL SEE, THE CROOKS WILL NOW SWITCH TO GOLD AS THEY INCREASE THE OPEN INTEREST FOR THE SPREADERS. THE TOTAL COMEX SILVER OPEN INTEREST WILL RISE FROM NOW ON UNTIL ONE WEEK PRIOR TO FIRST DAY NOTICE AND THAT IS WHEN THEY START THEIR CRIMINAL LIQUIDATION.
HERE IS HOW THE CROOKS USED SPREADING AS WE ARE NOW INTO THE NON ACTIVE DELIVERY MONTH OF JAN HEADING TOWARDS THE NON ACTIVE DELIVERY MONTH OF FEBRUARY FOR GOLD:
AS I HAVE MENTIONED IN PREVIOUS COMMENTARIES, HERE IS THE BANKERS MODUS OPERANDI:
YOU WILL ALSO NOTICE THAT THE COMEX OPEN INTEREST STARTS TO RISE IN THIS NON ACTIVE MONTH OF JAN.BUT SO IS THE OPEN INTEREST OF SPREADERS. THE OPEN INTEREST IN SILVER WILL CONTINUE TO RISE UNTIL ONE WEEK BEFORE FIRST DAY NOTICE OF AN UPCOMING ACTIVE DELIVERY MONTH (FEB), AND THAT IS WHEN THE CROOKS SELL THEIR SPREAD POSITIONS BUT NOT AT THE SAME TIME OF THE DAY. THEY WILL USE THE SELL SIDE OF THE EQUATION TO CREATE THE CASCADE (ALONG WITH THEIR COLLUSIVE FRIENDS) AND THEN COVER ON THE BUY SIDE OF THE SPREAD SITUATION AT THE END OF THE DAY. THEY DO THIS TO AVOID POSITION LIMIT DETECTION. THE LIQUIDATION OF THE SPREADING FORMATION CONTINUES FOR EXACTLY ONE WEEK AND ENDS ON FIRST DAY NOTICE.”
ACCUMULATION OF EFP’S GOLD AT J.P. MORGAN’S HOUSE OF BRIBES: (EXCHANGE FOR PHYSICAL) FOR THE MONTH OF JAN : 149,911 CONTRACTS OR 14,991,100 oz OR 466.29 TONNES (17 TRADING DAYS AND THUS AVERAGING: 8593 EFP CONTRACTS PER TRADING DAY
TO GIVE YOU AN IDEA AS TO THE STRONG SIZE OF THESE EFP TRANSFERS : THIS MONTH IN 17 TRADING DAY(S) IN TONNES: 466.29 TONNES
TOTAL ANNUAL GOLD PRODUCTION, 2018, THROUGHOUT THE WORLD EX CHINA EX RUSSIA: 3555 TONNES
THUS EFP TRANSFERS REPRESENTS 466.29/3550 x 100% TONNES =13.13% OF GLOBAL ANNUAL PRODUCTION
ACCUMULATION OF GOLD EFP’S YEAR 2019 TO DATE: 466.29 TONNES
JANUARY 2220 TOTAL EFP ISSUANCE; SO FAR: 466.29 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 HUMONGOUS SIZED DECREASE IN OI AT THE COMEX OF 11,757 DESPITE THE STRONG PRICING GAIN THAT GOLD UNDERTOOK FRIDAY($6.65)) //.WE ALSO HAD A VERY STRONG SIZED NUMBER OF COMEX LONG TRANSFERRING TO LONDON THROUGH THE EFP ROUTE: 9020 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 TH GOLD COMEX FOR DELIVERY PURPOSES. IF YOU TAKE INTO ACCOUNT THE 9020 EFP CONTRACTS ISSUED, WE HAD A SMALL SIZED LOSS OF 2737 CONTRACTS IN TOTAL OPEN INTEREST ON THE TWO EXCHANGES:
9020 CONTRACTS MOVE TO LONDON AND 11,757 CONTRACTS DECREASED AT THE COMEX. (IN TONNES, THE LOSS IN TOTAL OI EQUATES TO 8.513 TONNES). ..AND THIS INCREASE OF DEMAND OCCURRED WITH THE GAIN IN PRICE OF $6.65 WITH RESPECT TO FRIDAY’S TRADING/// AT THE COMEX.
THE COMEX IS NOW UNDER FULL ASSAULT WITH RESPECT TO GOLD AND SILVER.
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With respect to our two criminal funds, the GLD and the SLV:
GLD...
WITH GOLD UP $6.15 TODAY
JAN 27/2019/Inventory rests tonight at 900.58 tonnes
SLV/
WITH SILVER DOWN 3 CENTS TODAY
A SMALL DEPOSIT OF 327,000 OZ
JAN 27/INVENTORY RESTS AT 360.132 MILLION OZ.
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
end
OUTLINE OF TOPICS TONIGHT
First, here is an outline of what will be discussed tonight:
1.Today, we had the open interest in SILVER ROSE BY A HUGE SIZED 2650 CONTRACTS from 233,745 UP TO 236,395 AND CLOSER TO OUR NEW COMEX RECORD. THE LAST RECORDS WERE SET IN AUG.2018 AT 244,196 WITH A SILVER PRICE OF $14.78/(AUGUST 22/2018)..THE PREVIOUS RECORD TO THAT WAS SET ON APRIL 9/2018 AT 243,411 OPEN INTEREST CONTRACTS WITH THE SILVER PRICE AT THAT DAY: $16.53). AND PREVIOUS TO THAT, THE RECORD WAS ESTABLISHED AT: 234,787 CONTRACTS, SET ON APRIL 21.2017 OVER 2 3/4 YEARS AGO. THE PRICE OF SILVER ON THAT DAY: $17.89.
EFP ISSUANCE 2817
OUR CUSTOMARY MIGRATION OF COMEX LONGS CONTINUE TO MORPH INTO LONDON FORWARDS AS OUR BANKERS USED THEIR EMERGENCY PROCEDURE TO ISSUE:
FOR FEB. 0; FOR MAR 985: AND MAY: 0; JULY: 0 CONTRACTS AND ALL OTHER MONTHS: ZERO. TOTAL EFP ISSUANCE: 985 CONTRACTS. EFP’S GIVE OUR COMEX LONGS A FIAT BONUS PLUS A DELIVERABLE PRODUCT OVER IN LONDON. IF WE TAKE THE OI GAIN AT THE COMEX OF 2650 CONTRACTS TO THE 985 OI TRANSFERRED TO LONDON THROUGH EFP’S, WE OBTAIN A HUGE GAIN OF 3635 OPEN INTEREST CONTRACTS. THUS IN OUNCES, THE GAIN ON THE TWO EXCHANGES: 18.175 MILLION OZ!!! AND YET WE ALSO HAVE A STRONG DEMAND FOR PHYSICAL AS WE WITNESSED A FINAL STANDING OF GREATER THAN 30 MILLION OZ FOR JULY, A STRONG 7.475 MILLION OZ FOR AUGUST.. A HUGE 39.505 MILLION OZ STANDING FOR SILVER IN SEPTEMBER… OVER 2 million OZ STANDING FOR THE NON ACTIVE MONTH OF OCTOBER., 7.440 MILLION OZ FINALLY STANDING IN NOVEMBER. 21.925 MILLION OZ STANDING IN DECEMBER , 5.845 MILLION OZ STANDING IN JANUARY. 2.955 MILLION OZ STANDING IN FEBRUARY, 27.120 MILLION OZ FOR MARCH., 3.875 MILLION OZ FOR APRIL 18.765 MILLION OZ FOR MAY NOW 2.660 MILLION OZ FOR JUNE WITH JULY AT 22.605 MILLION OZ AUGUST AT 10.025 MILLION OZ// SEPT: 43.030 MILLION OZ///OCT: 7.32 MILLION OZ//NOV 2.63 MILLION OZ//DEC: 20.970 MILLION OZ//JAN: 4.975 MILLION OZ//
RESULT: A HUGE SIZED INCREASE IN SILVER OI AT THE COMEX WITH THE 27 CENT GAIN IN PRICING THAT SILVER UNDERTOOK IN PRICING// FRIDAY. WE ALSO HAD A STRONG SIZED 985 EFP’S ISSUED TRANSFERRING COMEX LONGS OVER TO LONDON. TOGETHER WITH THE STRONG SIZED AMOUNT OF SILVER OUNCES STANDING FOR THIS MONTH, DEMAND FOR PHYSICAL SILVER CONTINUES TO INTENSIFY AS WE WITNESS SEVERE BACKWARDATION IN SILVER IN LONDON.
BOTH THE SILVER COMEX AND THE GOLD COMEX ARE IN STRESS AS THE BANKERS SCOUR THE BOWELS OF THE EXCHANGE FOR METAL
(report Harvey)
2 ) Gold/silver trading overnight Europe, Goldcore
(Mark O’Byrne/zerohedge
and in NY: Bloomberg
3. ASIAN AFFAIRS
I)MONDAY MORNING/ SUNDAY NIGHT:
SHANGHAI CLOSED HOLIDAY //Hang Sang CLOSED HOLIDAY /The Nikkei closed DOWN 483.69 POINTS OR 2.03%//Australia’s all ordinaires CLOSED UP .06%
/Chinese yuan (ONSHORE) closed /Oil UP TO 53.74.21 dollars per barrel for WTI and 59.04 for Brent. Stocks in Europe OPENED RED// ONSHORE YUAN CLOSED // LAST AT XXXXAGAINST THE DOLLAR. OFFSHORE YUAN CLOSED DOWN ON THE DOLLAR AT 6.9863 TRADE TALKS STALL//YUAN LEVELS GETTING DANGEROUSLY CLOSE TO 7:1//TRUMP INITIATES A NEW 25% TARIFFS FRIDAY/MAY 10/MAJOR PROBLEMS AT HUAWEI /CFO ARRESTED : /ONSHORE YUAN TRADING XXX LEVEL OF OFFSHORE YUAN/ONSHORE YUAN TRADING XXXXX AGAINST USA DOLLAR/OFFSHORE YUAN TRADING WEAKER AGAINST THE DOLLAR /TRADE DEAL NOW DEAD..TRUMP RAISED RATES TO 25%
3A//NORTH KOREA/ SOUTH KOREA
3b) REPORT ON JAPAN
3C CHINA
i)SATURDAY/ASIA TIMES
Wuhan city declares a state of war against the virus. The number of people infected are growing exponentially
(zerohedge)
ii)CHINA/GLOBE/AUSTRALIA/MALAYSIA/SATURDAY//LATE
iii)SATURDAY NIGHT/CHINA/USA
USA prepares an emergency evacuation of American citizens inside the stricken city of Wuhan
(zerohedge)
iv)CHINA
Deaths are recorded as viral pneumonia and not due to the coronavirus in China.. That is how they are keeping the death count down
(zerohedge)
v)CHINA/SUNDAY NIGHT
China’s nurse states that already 90,000 are infected in China and issues an emotional plea for help
(zerohedge)
vi)CHINA/CORONAVIRUS/MONDAY
CORONAVIRUS SPREADING IN CHINA …SUPPLY SHORTAGES!
ZEROHEDGE)
vii)CHINA/ISRAEL/GLOBE// CORONAVIRUS
Israeli and other countries have already cracked the genetic code of the coronavirus and now they begin testing their work on humans
(Jerusalem Post/Reuters)
ix)BBC//Coronavirus
spreading is accelerating…warns Xi Jinping
(zerohedge)
x)Philippines/Coronavirus
Philippines to deport 500 Chinese people who just arrived into that country
(Watson/SmmitNews)
4/EUROPEAN AFFAIRS
i)ITALY
Italy will no doubt head for new elections
(Tom Luongo)
ii)ITALY
iii)Monday: ITALY// Salvini loses in a critical vote in Emilia-Romagna
(zerohedge)
7. OIL ISSUES
LIBYA
Strongman, General Hafter, who is supported by the USA has blockaded all Libyan ports as the entire export of oil dries up. This will paralyze the country who exports 1.2 million barrels per day. What is interesting is that oil price is falling not rising due to the devastating effect of the coronavirus
(Paraskova/Oil Price.com)
8 EMERGING MARKET ISSUES
9. PHYSICAL MARKETS
10. important USA stories which will influence the price of gold/silver
MARKET TRADING//USA
a)Market trading/LAST NIGHT/USA
b)MARKET TRADING/USA/AFTERNOON
ii)Market data/USA
New home sales disappoint and the level is at 5 month lows
(zerohedge)
iii) Important USA Economic Stories
iv) Swamp commentaries)
a)Schiff demands Bolton as a witness after explosive revelation on Bolton’s manuscript leak
(zerohedge)
b)New York Times misstates the law according to Jonathan Turley. The Times wants Roberts to issue a subpoena to Bolton
v) King report/Courtesy of Chris Powell of GATA which includes the major swamp stories.
LET US BEGIN:
Let us head over to the comex: