FEB 5

i have a major problem with word press

 

when i published

 

everything obliterated

 

I will try and send the preliminary data

 

and i will work on it tonight

 

h

 

COMEX DATA

JPMorgan has been receiving gold with reckless abandon and sometimes supplying (stopping)

today RECEIVING:  68/97

EXCHANGE: COMEX
CONTRACT: FEBRUARY 2020 COMEX 100 GOLD FUTURES
SETTLEMENT: 1,550.400000000 USD
INTENT DATE: 02/04/2020 DELIVERY DATE: 02/06/2020
FIRM ORG FIRM NAME ISSUED STOPPED
____________________________________________________________________________________________
072 H GOLDMAN 2
355 C CREDIT SUISSE 6
435 H SCOTIA CAPITAL 17
624 C BOFA SECURITIES 5
657 C MORGAN STANLEY 3
661 C JP MORGAN 53
661 H JP MORGAN 15
686 C INTL FCSTONE 14
690 C ABN AMRO 17 1
737 C ADVANTAGE 38 6
800 C MAREX SPEC 11 1
880 C CITIGROUP 5
____________________________________________________________________________________________

TOTAL: 97 97
MONTH TO DATE: 5,116

we are coming very close to a commercial failure!!

NUMBER OF NOTICES FILED TODAY FOR  FEB CONTRACT: 97 NOTICE(S) FOR 9700 OZ (0.3017 tonnes)

TOTAL NUMBER OF NOTICES FILED SO FAR:  5116 NOTICES FOR 511600 OZ  (15.913 TONNES)

 

 

 

 

SILVER

 

FOR FEB

 

 

82 NOTICE(S) FILED TODAY FOR 410,000  OZ/

total number of notices filed so far this month: 203 for  1,015,000 oz

 

XXXXXXXXXXXXXXXXXXXXXXXXX

Let us have a look at the data for today

xxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxx

IN SILVER THE COMEX OI FELL A CONSIDERABLE SIZED 2950 CONTRACTS FROM 227,886 DOWN DOWN TO 224,936 WITH OUR  9 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 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  FAIR  SIZED NUMBER OF COMEX LONGS TRANSFERRING THEIR CONTRACTS TO LONDON THROUGH THE EFP:,

; FEB 0; MARCH:  414 AND MAY: 0 AND JULY: 0 ZERO FOR ALL  OTHER MONTHS  AND THEREFORE TOTAL ISSUANCE  414 CONTRACTS. WITH THE TRANSFER OF 414 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 414 EFP CONTRACTS TRANSLATES INTO 2.070 MILLION OZ  ACCOMPANYING:

1.THE 9 CENT LOSS 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

5.075     MILLION OZ FINAL STANDING IN JAN

1.025    MILLION OZ INITIALLY STANDING IN FEB

 

TUESDAY, AGAIN OUR CROOKS USED COPIOUS PAPER IN ORDER TO CONTAIN SILVER’S PRICE…AND THEY WERE  SUCCESSFUL IN KNOCKING THE PRICE OF SILVER DOWN (IT FELL 9 CENTS).. AND, OUR OFFICIAL SECTOR/BANKERS  WERE  SOMEWHAT SUCCESSFUL IN THEIR ATTEMPT TO FLEECE  SOME SILVER LONGS AS THE TOTAL LOSS IN OI ON BOTH EXCHANGES TOTALED A STRONG 2536 CONTRACTS. OR 12.68 MILLION OZ…..

A LOT OF EFFORT TO FLEECE A TINY AMOUNT OF SILVER LONGS. SO AGAIN IT SURE LOOKS LIKE WE  HAD BOTH   BANK SHORT COVERING AND LONG LIQUIDATION.

DEMAND FOR PHYSICAL SILVER IS STILL VERY STRONG AND GOING THROUGH THE ROOF.

 

WE HAVE NOW COMMENCED IN SILVER THE ILLEGAL SPREADING OPERATION.  FOR NEWCOMERS, HERE ARE THE DETAILS:

 

SPREADING LIQUIDATION HAS NOW STOPPED IN GOLD AS THEY NOW BEGIN TO MORPH INTO SILVER AS WE HEAD TOWARDS THE NEW FRONT MONTH WILL BE MARCH.

 

 

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 SILVER 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 FEB HEADING TOWARDS THE  ACTIVE DELIVERY MONTH OF MARCH FOR SILVER:

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 FEB .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 (MAR), 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 FOR EFP’S/SILVER/J.P.MORGAN’S HOUSE OF BRIBES, / STARTING FROM FIRST DAY NOTICE/FOR MONTH OF FEB:

2465 CONTRACTS (FOR 3 TRADING DAYS TOTAL 2465 CONTRACTS) OR 12.325 MILLION OZ: (AVERAGE PER DAY: 821.6 CONTRACTS OR 4.108 MILLION OZ/DAY)

TO GIVE YOU AN IDEA AS TO THE HUGE SUPPLY THIS MONTH IN SILVER:  SO FAR THIS MONTH OF FEB: 12.325 MILLION PAPER OZ HAVE MORPHED OVER TO LONDON. THIS REPRESENTS AROUND 1.760% 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:          193.93 MILLION OZ.

JANUARY 2020 EFP TOTALS SO FAR: 181.61 MILLION OZ

FEB 2020 EFP’S TOTAL SO FAR:  ……     12.325 MILLION OZ

 

 

RESULT: WE HAD A STRONG SIZED DECREASE IN COMEX OI SILVER COMEX CONTRACTS OF 2950, WITH THE 9 CENT GAIN IN SILVER PRICING AT THE COMEX /TUESDAY… THE CME NOTIFIED US THAT WE HAD A FAIR SIZED EFP ISSUANCE OF 414 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  SIZED: 2536 TOTAL OI CONTRACTS ON THE TWO EXCHANGES: 

i.e 414 OPEN INTEREST CONTRACTS HEADED FOR LONDON  (EFP’s) TOGETHER WITH DECREASE OF 2606 OI COMEX CONTRACTS.AND ALL OF THIS   DEMAND HAPPENED WITH A 9 CENT FALL IN PRICE OF SILVER AND A CLOSING PRICE OF $17.59 // TUESDAY’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. 1.121 BILLION OZ TO BE EXACT or 160% of annual global silver production (ex Russia & ex China).

FOR THE NEW  FEB DELIVERY MONTH/ THEY FILED AT THE COMEX: 82 NOTICE(S) FOR  410,000 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:

  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 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:  5.075 MILLION OZ.//FEB 1.025 MILLION OZ//
  2. THE  RECORD WAS SET IN 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 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 AN ATMOSPHERIC SIZED 19,557 CONTRACTS TO 654,572 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 WITH OUR LOSS OF $26.10 IN PRICING /// COMEX GOLD TRADING// TUESDAY// THERE IS NOW , NO DOUBT THAT THE LOSS MOST OF THE FALL IN COMEX OPEN INTEREST WAS DUE TO BANKER SHORT COVERING AS PHYSICAL DEMAND IS OVERTAKING THE HUGE INFLUX OF SHORT PAPER. TO FURTHER BOOST OUR CONTENTION ON THIS, THE EXCHANGE FOR PHYSICALS WAS AGAIN ATMOSPHERIC…… 

 

 

 

 

THE CME RELEASED THE DATA FOR EFP ISSUANCAND IT TOTALED A HUMONGOUS SIZED 19,557 CONTRACTS:

 CONTRACTS, FEB>  CONTRACTS; MARCH 00 APRIL: 17,478; JUNE. 0 AND ALL OTHER MONTHS ZERO//TOTAL: 17,478.  The NEW COMEX OI for the gold complex rests at 655,311,.  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 VERY SMALL SIZED LOSS IN TOTAL CONTRACTS ON THE TWO EXCHANGES OF 2079 CONTRACTS: 19,557 CONTRACTS DECREASED AT THE COMEX  AND 17,478 EFP OI CONTRACTS WHICH NAVIGATED OVER TO LONDON. THUS  TOTAL OI LOSS OF 1340 CONTRACTS OR 134,000 OZ OR 4.167 TONNES.  TUESDAY WE HAD A HUGE LOSS OF $26.10 IN GOLD TRADING….

AND WITH THAT HUGE LOSS IN  PRICE, WE  HAD A SMALL LOSS IN GOLD TONNAGE OF 6.466  TONNES!!!!!! THE BANKERS/OFFICIAL SECTOR WERE SUPPLYING INFINITE SUPPLIES OF SHORT GOLD COMEX PAPER WITH RECKLESS ABANDON. THE BANKERS WERE SUCCESSFUL IN THEIR ATTEMPT TO LOWER GOLD’S PRICE (DOWN $26.10).  IT SEEMS THAT THEIR ATTEMPT TO FLEECE  GOLD LONGS FROM THE GOLD ARENA BASICALLY FAILED AS ALMOST ALL LOSS IN COMEX OI LOSS WAS DUE TO BANKER SHORT COVERING AND OUR COMEX LONGS JUST SWITCHED ALLEGIANCE IN GOLD BY MORPHING FROM NEW YORK TO LONDON AS THEY ACCEPTED THEIR GOLD BASED FORWARDS AND RECEIVED A HEALTHY BONUS FOR THEIR EFFORTS. 

 

 

 

 

 

ACCUMULATION OF EFP’S GOLD AT J.P. MORGAN’S HOUSE OF BRIBES: (EXCHANGE FOR PHYSICAL) FOR THE MONTH OF FEB : 47,141 CONTRACTS OR 4,714,100 oz OR 146.63TONNES (3 TRADING DAYS AND THUS AVERAGING: 15,713 EFP CONTRACTS PER TRADING DAY

TO GIVE YOU AN IDEA AS TO THE STRONG SIZE OF THESE EFP TRANSFERS :  THIS MONTH IN 3 TRADING DAY(S) IN  TONNES: 146.63 TONNES

TOTAL ANNUAL GOLD PRODUCTION, 2018, THROUGHOUT THE WORLD EX CHINA EX RUSSIA: 3555 TONNES

THUS EFP TRANSFERS REPRESENTS 146.63/3550 x 100% TONNES =2.59% OF GLOBAL ANNUAL PRODUCTION

ISSUANCE OF EXCHANGE FOR PHYSICAL /GOLD HAS EXPLODED THIS MONTH.

 

 

ACCUMULATION OF GOLD EFP’S YEAR 2019 TO DATE:    716.81  TONNES

JANUARY 2220 TOTAL EFP ISSUANCE; SO FAR: 570.19 TONNES

FEB 2020 TOTAL EFP ISSUANCE SO FAR:            146.63  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: AN ATMOSPHERIC SIZED DECREASE IN OI AT THE COMEX OF 19,557 WITH THE  PRICING LOSS/RAID THAT GOLD UNDERTOOK TUESDAY($24.10)) //.WE ALSO HAD AN ATMOSPHERIC SIZED NUMBER OF COMEX LONG TRANSFERRING TO LONDON THROUGH THE EFP ROUTE: 17,478 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 17,478 EFP CONTRACTS ISSUED, WE  HAD A SMALL SIZED LOSS OF 2079 CONTRACTS IN TOTAL OPEN INTEREST  ON THE TWO EXCHANGES:

17,478 CONTRACTS MOVE TO LONDON AND 19,557 CONTRACTS DECREASED AT THE COMEX. (IN TONNES, THE LOSS IN TOTAL OI EQUATES TO  6.466 TONNES). ..AND THIS SMALL DECREASE OF DEMAND OCCURRED DESPITE THE HUGE LOSS IN PRICE OF $26.10 WITH RESPECT TO TUESDAY’S TRADING/// AT THE COMEX.

 

Let us head over to the comex:

THE TOTAL COMEX GOLD OPEN INTEREST FELL BY AN ATMOSPHERIC SIZED 19,557 CONTRACTS TO 654,572 MOVING AWAY FROM OUR  RECORD THAT WAS SET LAST WEEK: {799,541  OI(SET JAN 16/2020)} AND  PREVIOUS TO THAT: 797,110 (SET JAN 7/2020).  AND THIS LOSS IN OI WAS SET WITH A CONSIDERABLE LOSS OF $5.40 IN GOLD PRICING //MONDAY’S  COMEX TRADING//). NOW WE KNOW FOR SURE THAT THE LOSS IN COMEX OI WAS PREDOMINATELY BANKER SHORT COVERING AS SOMETHING AGAIN HAS SCARED THEM TO DEATH. WE KNOW THIS DUE TO THE HUGE NUMBER OF EXCHANGE FOR PHYSICALS ISSUED AS YOU WILL SEE BELOW!!!

 

WE ARE NOW IN THE  NON ACTIVE DELIVERY MONTH OF FEB..  THE CME REPORTS THAT THE BANKERS ISSUED AN ATMOSPHERIC SIZED  TRANSFER THROUGH THE EFP ROUTE AS THESE LONGS RECEIVED A DELIVERABLE LONDON FORWARD TOGETHER WITH A FIAT BONUS., THAT IS 17,478 EFP CONTRACTS WERE ISSUED:

  FEB: 0; MARCH 00 AND APRIL: 17,478,  JUNE : 0 AND  ZERO FOR ALL OTHER MONTHS:

TOTAL EFP ISSUANCE: 17,478 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 OUR 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: A SMALL SIZED 1340 TOTAL CONTRACTS IN THAT 17,478 LONGS WERE TRANSFERRED AS FORWARDS TO LONDON AND WE LOST A GIGANTIC 18,818 COMEX CONTRACTS. ALL OF THE LOSS IN COMEX OI WAS DUE TO  BANKER SHORT COVERING AS THEY ARE NOW IN PANIC MODE…MOST OF THE LONGS JUST MORPHED INTO LONDON BASED FORWARDS.

THE BANKERS SUPPLIED THE NECESSARY AND INFINITE AMOUNT OF SHORT PAPER IN GOLD.  THE BANKERS WERE  SOMEWHAT SUCCESSFUL IN LOWERING GOLD’S PRICE //// (IT FELL BY $26.10). BUT THEY WERE MOST DEFINITELY  UNSUCCESSFUL IN FLEECING ANY LONGS, WITH ALMOST ALL OF THE LOSS IN COMEX DUE TO THE  HUGE BANKER SHORT COVERING OPERATION..AND IN TOTAL ON THE TWO EXCHANGES, WE LOST A SMALL SIZED 1340 CONTRACTS ON OUR TWO EXCHANGES….(6.466 TONNES)

 

NET LOSS ON THE TWO EXCHANGES ::  2079 CONTRACTS OR 207,900 OZ OR 6.466 TONNES.

 

COMMODITY LAW SUGGESTS THAT COMMODITY FUTURES OPEN INTEREST SHOULD APPROXIMATE 3% OF TOTAL PRODUCTION.  IN GOLD THE WORLD PRODUCES AROUND 3500 TONNES PER YEAR BUT ONLY 2200 TONNES ARE AVAILABLE FROM THE WEST (THUS EXCLUDING RUSSIA, CHINA ETC..WHO KEEP 100% OF THEIR PRODUCTION)

THUS IN GOLD WE HAVE THE FOLLOWING:  655,311 TOTAL OI CONTRACTS X 100 OZ PER CONTRACT = 65.53 MILLION OZ/32,150 OZ PER TONNE =  2,038 TONNES

THE COMEX OPEN INTEREST REPRESENTS 2,038/2200 OR 92.64% OF ANNUAL GLOBAL PRODUCTION OF GOLD.

 

We are now in the  active contract month of FEB.  This month is a very strong delivery month following December and June.

 

…. Today with respect to our front month of February we had an open interest of 2782 contracts for loss of 798 contracts. We had 819 notices served on Tuesday, so we now begin the banker quest for physical on this side of the pond… we gained 21 or an additional  2100 oz will stand for delivery as these guys refused to morph into London based forwards and as well negate a fiat bonus. As I pointed out yesterday: :We generally see a bigger migration over to London at the beginning of the month…so it looks like more guys are staying around on this side of the pond looking for physical metal.”   So already on day 3 they are seeking physical metal trying to put out fires elsewhere.

 

 

The next active delivery month after February is the non active delivery month of March.

 

March LOST 85 contracts to stand at an open interest of, 3099.

The next active delivery month after March is April and here we witnessed a loss of 18,516 contacts down to 482,908 oi contracts….almost of these guys really did not leave the gold arena..they just shifted their allegiance to gold from New York to London

.FOR THE  FEB 2020 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 97 contract(s) of which 15 notices were stopped (received) by j.P. Morgan dealer and 53 notice(s) was (were) stopped/ Received) by j.P.Morgan customer account and 0 notices by the squid  (Goldman Sachs)

 

To calculate the INITIAL total number of gold ounces standing for the FEB /2020. contract month, we take the total number of notices filed so far for the month (5116) x 100 oz , to which we add the difference between the open interest for the front month of  FEB. (2782 contracts) minus the number of notices served upon today (97 x 100 oz per contract) equals 780,100 OZ OR 24.26 TONNES) the number of ounces standing in this  active month of FEB

Thus the INITIAL standings for gold for the FEB/2020 contract month:

No of notices served (5116 x 100 oz)  + (2782)OI for the front month minus the number of notices served upon today (97 x 100 oz )which equals 780,100 oz standing OR 24.26 TONNES in this  active delivery month of FEB. which is a still a great opening for gold // amount standing.

We GAINED  a considerable 21 contracts or 2100 oz as they guys refused to morph into London based forwards. They will try their luck finding physical metal over here.

 

 

 

 

SURPRISINGLY WE HAVE BEEN WITNESSING NO REAL PHYSICAL GOLD ENTERING THE COMEX VAULTS FOR THE PAST YEAR!! ..ONLY PHONY KILOBAR ENTRIES…. WE HAVE ONLY 34.956 TONNES OF REGISTERED GOLD WHICH CAN SETTLE UPON LONGS.

HERE IS WHAT STOOD DURING THESE PAST 7 MONTHS:  AUGUST 27.153 TONNES

SEPT:                                                                      5.4525 TONNES

OCT…………………………………………………………………………..   37.99 TONNES

NOV……                                                                5.3841 tonnes

DEC………………………….                                              45.912 TONNES

JAN……………………                                                    8.448 TONNES

FEB……………………………………………..                                24.26 tonnes

 

total: 154.549 tonnes

ACCORDING TO COMEX RULES:

 

IF WE INCLUDE THE PAST 7 MONTHS OF SETTLEMENTS WE HAVE 20.055 TONNES SETTLED

 

IF WE ADD THE FIVE DELIVERY MONTHS: 154.901  tonnes

 

Thus:

154.966 tonnes of delivery –

20.055 TONNES DEEMED SETTLEMENT

=134.941 TONNES STANDING FOR METAL AGAINST 42.149 TONNES OF REGISTERED OR FOR SALE COMEX GOLD! THIS IS WHY GOLD IS SCARCE AT THE COMEX.

 

total registered or dealer gold:   1,513,305.105 oz or  47.630 tonnes
which  includes the following:
a) pledged gold held at HSBC + BRINKS  which cannot settled upon   176,211.457 oz x ( 5.4807 TONNES)//
b)registered gold that can be used to settle upon:1,355,093.7  (42.149 tonnes)
true registered gold  (total registered – pledged tonnes  1.355,093.7  (42.149 tonnes)
total registered, pledged  and eligible (customer) gold;   8,714,273.64 oz 271.05 tonnes

 

 

THE GOLD COMEX IS NOW IN STRESS AS
1. GOLD IS LEAVING THE COMEX 
2. GOLD IS LEAVING THE REGISTERED CATEGORY OF THE COMEX.
3. NO GOLD IS ENTERING THE COMEX

WHY ARE THEY NOT SETTLING?

 

THE COMEX IS AN ABSOLUTE FRAUD..

We had 97  notices served upon today for 9700 oz

 

 

 

xxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxx

And now for the wild silver comex results

Total COMEX silver OI FELL BY A CONSIDERABLE SIZED 2950 CONTRACTS FROM 227,886 DOWN TO 224,936 (AND FURTHER FROM THE NEW RECORD OI FOR SILVER SET ON AUGUST 22.2018 (244,196).  THE PREVIOUS RECORD WAS SET APRIL 9.2018/ 243,411 CONTRACTS) AND OUR  OI COMEX LOSS OCCURRED WITH A 9 CENT DECREASE IN PRICING/TUESDAY.

WE MUST HAVE HAD BOTH BANKER SHORT COVERING AND SOME LONG LIQUIDATION WITH LONGS FALLING FOR THE CRIMINAL RAID ON TUESDAY

 

WE ARE NOW INTO THE  NON-ACTIVE DELIVERY MONTH OF FEB.

FEB IS A NON ACTIVE DELIVERY MONTH.

 

THE FRONT MONTH OF FEBRUARY HAS A TOTAL OPEN INTEREST OF 84 CONTRACTS SHOWING A LOSS OF 28 CONTRACTS FROM FRIDAY. WE HAD 12 NOTICES SERVED ON TUESDAY SO WE LOST 16 CONTRACTS OR 80,000 OZ OF SILVER WILL MORPH INTO LONDON BASED FORWARDS AND ACCEPT SERVICE AND RECEIVE A FIAT BONUS FOR THEIR TROUBLE.

 

March is a very active month and here we witness a LOSS of 4640 contracts  DOWN TO 150,610

APRIL WITNESSED A GAIN OF 37 CONTRACTS TO STAND AT 55

MAY had a good 1684 gain in oi to stand at 37,855.

 

 The total number of notices filed today for the FEB 2020. contract month is represented by 82 contract(s) FOR 4100,000 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 203 x 5,000 oz =1,015,000 oz to which we add the difference between the open interest for the front month of FEB. (84) and the number of notices served upon today 82 x (5000 oz) equals the number of ounces standing.

.

Thus the INITIAL standings for silver for the FEB/2019 contract month: 203 (notices served so far) x 5000 oz + OI for front month of FEB (84- number of notices served upon today (82) x 5000 oz equals 1,025,000 oz of silver standing for the FEB contract month.

We lost 16 contracts or 80,000 oz morphed into London based forwards

 

 

 

LADIES AND GENTLEMEN:  THE COMEX IS UNDER ASSAULT FOR BOTH PHYSICAL GOLD AND SILVER WITH SILVER IN THE LEAD BY FAR. DESPITE  MASSIVE RAIDS, LONGS CONTINUE WITH THEIR HUNT AT THE COMEX FOR PHYSICAL METAL.. IT WILL NOT BE LONG BEFORE WE WITNESS A COMMERCIAL FAILURE..STAY TUNED..WE WITNESSED CONSIDERABLE BANKER SHORT COVERING IN SILVER TODAY AND AN ATTEMPTED BANKER SHORT COVERING IN GOLD WITH ZERO SUCCESS.

 

 

TODAY’S NUMBER OF NOTICES FILED:

 

We, today, had 82 notice(s) filed for 410,000 OZ for the FEB, 2019 COMEX contract for silver

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

%d bloggers like this: