GOLD:$1946.95 UP $19.55 The quote is London spot price
Silver:$26.90 UP $.06 London spot price ( cash market)
Well again for the 5th consecutive day, the crooks tried to raid again trying to prove Einstein’s definition of insanity is incorrect as they were hoping for a positive outcome. Gold refused to buckle and by the end of day it rose $19.55 to $1946.95. Silver rose 6 cents to $26.90. We have almost 11.5 tonnes of gold standing at the comex. In another development we are witnessing a lot fewer exchange for physicals being underwritten by our bankers. They are afraid of being bitten as Londoners are exercising these serial forwards for metal.
Let us see if the crooks decide on making it 6 days in a row raiding our precious metals.
here is your data for today.
H
DONATE
Closing access prices: London spot
i)Gold : $1947.50 LONDON SPOT 4:30 pm
ii)SILVER: $26.98//LONDON SPOT 4:30 pm
CLOSING FUTURES PRICES: KEY MONTHS
OCT GOLD: $1946.20 CLOSE 1.30 PM// SPREAD SPOT/FUTURE OCT /: $.65 BACKWARD //
DEC. GOLD $1954.50 CLOSE 1.30 PM SPREAD SPOT/FUTURE DEC $7.75/ CONTANGO ($4.45 BELOW NORMAL CONTANGO)
CLOSING SILVER FUTURE MONTH
SILVER SEPT COMEX CLOSE; $26.91…1:30 PM.//SPREAD SPOT/FUTURE SEPT// : ( 1 CENT BACKWARD)
SILVER DECEMBER CLOSE: $27.09 1:30 PM SPREAD SPOT/FUTURE DEC. : 19 CENTS PER OZ CONTANGO ( 7 CENTS ABOVE NORMAL CONTANGO)
COMEX DATA
JPMorgan has been receiving gold with reckless abandon and sometimes supplying (stopping)
receiving today: 33/104
issued 0
DLV615-T CME CLEARING
BUSINESS DATE: 09/08/2020 DAILY DELIVERY NOTICES RUN DATE: 09/08/2020
PRODUCT GROUP: METALS RUN TIME: 21:06:27
EXCHANGE: COMEX
CONTRACT: SEPTEMBER 2020 COMEX 100 GOLD FUTURES
SETTLEMENT: 1,933.000000000 USD
INTENT DATE: 09/08/2020 DELIVERY DATE: 09/10/2020
FIRM ORG FIRM NAME ISSUED STOPPED
____________________________________________________________________________________________
132 C SG AMERICAS 1
355 C CREDIT SUISSE 1
657 C MORGAN STANLEY 36
657 H MORGAN STANLEY 101
661 C JP MORGAN 33
661 H JP MORGAN 26
709 C BARCLAYS 2
737 C ADVANTAGE 3 2
905 C ADM 3
____________________________________________________________________________________________
TOTAL: 104 104
MONTH TO DATE: 3,561
NUMBER OF NOTICES FILED TODAY FOR SEPT CONTRACT: 104 NOTICE(S) FOR 10400 OZ (0.3234 tonnes)
TOTAL NUMBER OF NOTICES FILED SO FAR: 3564 NOTICES FOR 356400 OZ (11.0762 tonnes)
SILVER
286 NOTICE(S) FILED TODAY FOR 1,430,000 OZ/
total number of notices filed so far this month: 9100 for 45.500 MILLION oz
BITCOIN MORNING QUOTE $10227 UP 100
BITCOIN AFTERNOON QUOTE.: $10,286 UP 160
GLD AND SLV INVENTORIES:
WITH GOLD UP $19.55 AND NO PHYSICAL TO BE FOUND ANYWHERE:
WITH ALL REFINERS CLOSED//MEXICO ORDERING ALL MINES SHUT: WHERE ARE THEY GETTING THE “PHYSICAL?
NO CHANGES IN GOLD INVENTORY AT THE GLD…
GLD: 1,250.04 TONNES OF GOLD//
WITH SILVER UP $0.06 TODAY: AND WITH NO SILVER AROUND:
WE HAD A HUGE CHANGE IN SILVER INVENTORY AT THE SLV//
A MASSIVE WITHDRAWAL OF 3.63 MILLION OZ (PROBABLY USED IN THE RAIDS THESE PAST FEW DAYS)
RESTING SLV INVENTORY TONIGHT:
SLV: 561.169 MILLION OZ./
XXXXXXXXXXXXXXXXXXXXXXXXX
Let us have a look at the data for today
xxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxx
IN SILVER THE COMEX OI ROSE BY A TINY 247 CONTRACTS FROM 158,744 UP TO 159,177, AND CLOSER TO OUR NEW RECORD OF 244,710, (FEB 25/2020. THE GAIN IN OI OCCURRED WITH OUR $0.27 RISE IN SILVER PRICING AT THE COMEX. IT SEEMS THAT THE GAIN IN COMEX OI IS DUE TO CONSIDERABLE BANKER SILVER SHORT COVERING.. COUPLED AGAINST A VERY WEAK EXCHANGE FOR PHYSICAL ISSUANCE, ZERO MINOR LONG LIQUIDATION, A SMALL DECREASE IN SILVER OZ STANDING AT THE COMEX FOR SEPT.. WE HAD A SMALL NET GAIN IN OUR TWO EXCHANGES OF 722 CONTRACTS (SEE CALCULATIONS BELOW).
WE HAVE ALSO WITNESSED A STRONG 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 WEAK SIZED NUMBER OF COMEX LONGS TRANSFERRING THEIR CONTRACTS TO LONDON THROUGH THE EFP ROUTE: SEP 0; DEC: 475, MARCH 0 FOR ZERO ALL OTHER MONTHS AND THEREFORE TOTAL ISSUANCE 475 CONTRACTS. WITH THE TRANSFER OF 475 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 475 EFP CONTRACTS TRANSLATES INTO 0.250 MILLION OZ ACCOMPANYING:
1.THE $0.27 CENT RISE 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
1.480 MILLION OZ FINAL STANDING IN FEB
23.005 MILLION OZ FINAL STANDING FOR MAR
4.660 MILLION OZ FINAL STANDING FOR APRIL
45.220 MILLION OZ FINAL STANDING FOR MAY
2.205 MILLION OF FINAL STANDING FOR JUNE
86.470 MILLION OZ FINAL STANDING IN JULY.
6.475 MILLION OZ FINAL STANDING IN AUGUST
51.900 MILLION OZ INITIALLY STANDING IN SEPT
TUESDAY, AGAIN OUR CROOKS USED COPIOUS PAPER IN ORDER TO LIQUIDATE SILVER’S PRICE…AND THEY WERE UNSUCCESSFUL IN KNOCKING THE PRICE OF SILVER DOWN (IT ROSE $0.27) ).. AND, OUR OFFICIAL SECTOR/BANKERS WERE UNSUCCESSFUL IN THEIR ATTEMPT TO FLEECE SOME SILVER LONGS. THE RAIDS THESE PAST 4 DAYS WERE ORCHESTRATED BY THE BIS WITH MEGA ASSISTANCE FROM OUR CRIMINAL BANKERS. THEIR CHIEF AIM WAS TO REMOVE SPECULATORS FROM THEIR LONG POSITIONS.THEY FAILED AGAIN WITH TUESDAY’S TRADING…. WE ALSO HAD ii) A VERY WEAK ISSUANCE OF EXCHANGE FOR PHYSICALS 2) A SMALL LOSS IN SILVER OZ STANDING FOR SEPTEMBER, AND 3) ZERO LONG LIQUIDATION. YOU CAN BET THE FARM THAT OUR BANKERS ARE DESPERATE TO LIQUIDATE THEIR HUGE SHORT POSITIONS IN SILVER..
HISTORICAL ACCUMULATION OF EXCHANGE FOR PHYSICALS
SEPT.
ACCUMULATION FOR EFP’S/SILVER/J.P.MORGAN’S HOUSE OF BRIBES, / STARTING FROM FIRST DAY /FOR MONTH OF SEPT:
5515 CONTRACTS (FOR 6 TRADING DAY(S) TOTAL 5515 CONTRACTS) OR 27.580 MILLION OZ: (AVERAGE PER DAY: 918 CONTRACTS OR 4.5958 MILLION OZ/DAY)
TO GIVE YOU AN IDEA AS TO THE HUGE SUPPLY THIS MONTH IN SILVER: SO FAR THIS MONTH OF SEPT: 27.580 MILLION PAPER OZ HAVE MORPHED OVER TO LONDON. THIS REPRESENTS AROUND 3.94% 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: 1,413.66 MILLION OZ.
JANUARY 2020 EFP TOTALS SO FAR: 181.61 MILLION OZ
FEB 2020 EFP’S TOTAL : …… 259.600 MILLION OZ
MARCH EFP’S ….. 452.280 MILLION OZ //TOTALS//AND A NEW RECORD FOR THE MONTH)
APRIL EFP 95.355 MILLION OZ. (EX. FOR PHYSICALS BECOMING A LOT LESS)
MAY EFP FINAL: 77.27 MILLION OZ
JUNE EFP 71.15 MILLION OZ.
JULY EFP 133.95 MILLION OZ/ (EXCHANGE FOR PHYSICALS STARTING TO RISE EXPONENTIALLY AGAIN)
AUGUST EFP 127.46 MILLION OZ (EXCHANGE FOR PHYSICALS STARTING TO DECREASE AGAIN)
SEPT EFP 27.580 MILLION OZ (EXCHANGE FOR PHYSICALS DRAMATICALLY FALLING OFF A CLIFF)
RESULT: WE HAD A TINY SIZED INCREASE IN COMEX OI SILVER COMEX CONTRACTS OF 247, DESPITE OUR STRONG $0.27 RISE IN SILVER PRICING AT THE COMEX ///TUESDAY.…THE CME NOTIFIED US THAT WE HAD A VERY WEAK SIZED EFP ISSUANCE OF 433 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
TODAY WE GAINED A SMALL SIZED 722 OI CONTRACTS ON THE TWO EXCHANGES (DESPITE OUR STRONG $0.27 GAIN IN PRICE)//
THE TALLY//EXCHANGE FOR PHYSICALS
i.e 475 OPEN INTEREST CONTRACTS HEADED FOR LONDON (EFP’s) TOGETHER WITH A SMALL SIZED INCREASE OF 247 OI COMEX CONTRACTS. AND ALL OF THIS DEMAND HAPPENED WITH OUR $0.27 CENT GAIN IN PRICE OF SILVER/AND A CLOSING PRICE OF $26.84 // 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 UNDER 1 BILLION oz i.e. 0.786 BILLION OZ TO BE EXACT or 113% of annual global silver production (ex Russia & ex China).
FOR THE NEW AUGUST DELIVERY MONTH/ THEY FILED AT THE COMEX: 286 NOTICE(S) FOR 1,430,000 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//TODAY’S RECORD OF 244,705 WAS SET WITH A PRICE OF: 18.91 (FEB 25/2020)
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: 5.075 MILLION OZ.//FEB 1.480 MILLION OZ//MAR: 23.005 MILLION OZ/APRIL 4.660 MILLION OZ//MAY 45.220 MILLION OZ//JUNE: 2.205 MILLION OZ// JULY 86.470 million oz//AUGUST 6.475 MILLION OZ//SEPT. 51.900 MILLION OZ//
- THE RECORD PRIOR TO TODAY WAS SET IN FEB 25/2018: 244,710 CONTRACTS, WITH A SILVER PRICE OF $18.90//.
- 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 SURPRISINGLY ROSE BY A STRONG SIZED 6,186 CONTRACTS TO 557,457 AND CLOSER TO OUR NEW RECORD (SET JAN 24/2020) AT 799,541 AND PREVIOUS TO THAT: (SET JAN 6/2020) AT 797,110.
THE STRONG SIZED GAIN IN COMEX OI OCCURRED WITH OUR CONSIDERABLE RISE IN PRICE OF $8.20 /// COMEX GOLD TRADING// TUESDAY//WE HAD ATTEMPTED BUT FAILED BANKER SHORT COVERING AS WE HAD A STRONG GAIN ON OUR TWO EXCHANGES… NOBODY HAS LEFT THE GOLD ARENA. WE ALSO HAD A HUGE ADVANCE IN TONNAGE STANDING AT THE GOLD COMEX FOR SEPTEMBER ACCOMPANYING A SMALL EXCHANGE FOR PHYSICAL ISSUANCE. THIS ALL HAPPENED WITH OUR RISE IN PRICE OF $8.20.
WE HAD A VOLUME OF 9 4 -GC CONTRACTS//OPEN INTEREST 127//
WE GAINED A STRONG SIZED 8,499 CONTRACTS (26.43 TONNES) ON OUR TWO EXCHANGES
E.F.P. ISSUANCE
THE CME RELEASED THE DATA FOR EFP ISSUANCE AND IT TOTALED A SMALL SIZED 2313 CONTRACTS:
CONTRACT .; AUG 0 AND OCT: 0 DEC: 2313; JUNE: 0 ALL OTHER MONTHS ZERO//TOTAL: 2313. The NEW COMEX OI for the gold complex rests at 557,457. 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 EXCHANGE 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 STRONG SIZED INCREASE IN TOTAL CONTRACTS ON THE TWO EXCHANGES OF 8499 CONTRACTS: 6186 CONTRACTS INCREASED AT THE COMEX AND 2313 EFP OI CONTRACTS WHICH NAVIGATED OVER TO LONDON. THUS TOTAL OI GAIN OF 8499 CONTRACTS OR 26.43 TONNES. TUESDAY, WE HAD A GAIN OF $8.20 IN GOLD TRADING……
AND DESPITE THAT GAIN IN PRICE, WE HAD A STRONG SIZED GAIN IN TOTAL/TWO EXCHANGES GOLD TONNAGE OF 26.43 TONNES!!!!!! THE BANKERS WERE UNSUCCESSFUL IN THEIR ATTEMPT TO LOWER GOLD’S PRICE (IT ROSE $8.20). WE HAD ATTEMPTED BUT FAILED BANKER SHORT COVERING OPERATION . WE HAD SMALL ISSUANCE IN EXCHANGES FOR PHYSICAL. THE BANKERS COULD NOT FLEECE ANY OF OUR SPECULATOR LONGS DESPITE THE 4TH RAID IN A ROW .
CALCULATIONS ON GAIN/LOSS ON OUR TWO EXCHANGES:
WE HAD A SMALL SIZED ISSUANCE IN EXCHANGE FOR PHYSICALS (2313) ACCOMPANYING THE STRONG SIZED GAIN IN COMEX OI (6,186 OI): TOTAL GAIN IN THE TWO EXCHANGES: 8499 CONTRACTS. WE NO DOUBT HAD 1 )ATTEMPTED AND FAILED BANKER SHORT COVERING ,2.)A HUGE ADVANCE IN STANDING AT THE GOLD COMEX FOR THE FRONT SEPT. MONTH, 3) NO LONG LIQUIDATION; 4) STRONG COMEX OI GAIN AND 5) SMALL ISSUANCE OF EXCHANGE FOR PHYSICAL AND …ALL OF THIS WAS COUPLED WITH OUR GAIN IN GOLD PRICE TRADING//TUESDAY//$8.20.
WE ARE BEGINNING TO WITNESS A LACK OF EXCHANGE FOR GOLD PHYSICALS UNDERWRITTEN DUE TO PREMIUMS STARTING TO REAPPEAR IN THE FUTURE PRICE OF GOLD VS LONDON SPOT. THE COST TO THE BANKERS IS JUST TOO GREAT TO ENGAGE IN THESE VEHICLES ONCE THIS OCCURS.
THE FACT THAT WE ARE CONTINUALLY SEEING A DROP IN COMEX OPEN INTEREST AND VOLUMES COUPLED WITH LESS EXCHANGE FOR PHYSICALS PROBABLY MEANS THAT OUR LONGS ARE ALREADY DEPARTING NEW YORK FOR THE NEW PHYSICAL PLATFORM AT LONDON’S LME.
EXCHANGE FOR PHYSICALS//OUTLINE
SPREADING OPERATIONS/NOW SWITCHING TO GOLD (WE SWITCH OVER TO SILVER ON OCT 1)
OUR SPREADING OPERATION HAS NOW SWITCHED INTO GOLD…..
SPREADING OPERATION FOR OUR NEWCOMERS:
FOR NEWCOMERS, HERE ARE THE DETAILS:
SPREADING LIQUIDATION HAS NOW COMMENCED IN GOLD AS WE HEAD TOWARDS THE NEW ACTIVE FRONT MONTH OF OCT.
FOR THOSE OF YOU WHO ARE NEW, HERE IS THE MODUS OPERANDI OF THE SPREADERS AND THE CRIMINAL ELEMENT BEHIND IT:
HERE IS A BRIEF SYNOPSIS OF HOW THE CROOKS FLEECE UNSUSPECTING LONGS IN THE SPREADING ENDEAVOUR;
THE SPREADING LIQUIDATION OPERATION IS NOW OVER FOR SILVER..AND WE WILL NOW MORPH INTO AN ACCUMULATION PHASE OF SPREADING CONTRACTS FOR GOLD. THEY WILL ACCUMULATE CONSIDERABLE AMOUNT OF THE CONTRACTS AND THEN LIQUIDATE ONE WEEK PRIOR TO FIRST DAY NOTICE
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 GOLD 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 SEPT. HEADING TOWARDS THE ACTIVE DELIVERY MONTH OF OCT FOR GOLD:
YOU WILL ALSO NOTICE THAT THE COMEX OPEN INTEREST STARTS TO RISE IN THIS NON ACTIVE MONTH OF SEPT. BUT SO IS THE OPEN INTEREST OF SPREADERS. THE OPEN INTEREST IN GOLD WILL CONTINUE TO RISE UNTIL ONE WEEK BEFORE FIRST DAY NOTICE OF AN UPCOMING ACTIVE DELIVERY MONTH (OCT), 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.”
HISTORICAL ACCUMULATION OF EXCHANGE FOR PHYSICALS IN 2020 INCLUDING TODAY
SEPT.
TO GIVE YOU AN IDEA AS TO THE STRONG SIZE OF THESE EFP TRANSFERS : THIS MONTH IN 6 TRADING DAY(S) IN TONNES: 32.07 TONNES
TOTAL ANNUAL GOLD PRODUCTION, 2019, THROUGHOUT THE WORLD EX CHINA EX RUSSIA: 3555 TONNES
THUS EFP TRANSFERS REPRESENTS 32.07/3550 x 100% TONNES =0.903% OF GLOBAL ANNUAL PRODUCTION
ISSUANCE OF EXCHANGE FOR PHYSICAL GOLD HAS DISSIPATED THIS MONTH…THE COST TO THE BANKERS TO CARRY THESE CONTRACTS IN LONDON IS BECOMING TOO GREAT FOR THEM.
ACCUMULATION OF GOLD EFP’S YEAR 2020 TO DATE: 3,429.64 TONNES
JANUARY 2220 TOTAL EFP ISSUANCE; : 570.19 TONNES
FEB 2020 TOTAL EFP ISSUANCE : 653.78 TONNES
MARCH TOTAL EFP ISSUANCE 1,098.93 TONNES (*AND A NEW ALL TIME RECORD ISSUANCE//22 DAYS)
APRIL TOTAL EFP. ISSUANCE: 243.45 TONNES (EFP ISSUANCE BECOMING A LOT LESS)
MAY TOTAL EFP ISSUANCE: 248.68 TONNES (EFP ISSUANCE STILL LOW// PREMIUM COST TO THE BANKERS IS HUGE..SO ISSUANCE IS LESS)
JUNE TOTAL EFP ISSUANCE: 192.06 TONNES
JULY TOTAL EFP ISSUANCE; 313.09 TONNES ..(EXCHANGE FOR PHYSICALS REVERSE COURSE AND ARE NOW INCREASING!)
AUGUST TOTAL EFP ISSUANCE; 150.78 TONNES FINAL (AGAIN: RETREATING IN NUMBERS)
SEPT TOTAL EFP ISSUANCE: 32.07 TONNES (AGAIN EXCHANGE FOR PHYSICAL NUMBERS IN RETREAT)
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.
First, here is an outline of what will be discussed tonight:
1.Today, we had the open interest at the comex, in SILVER, ROSE BY A TINY SIZED 247 CONTRACTS FROM 158,744, UP TO 158,991 AND CLOSER TO OUR COMEX RECORD //244,710(SET FEB 25/2020). 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.
THE TINY SIZED GAIN IN OI SILVER COMEX WAS PRIMARILY DUE TO; 1) SOME ATTEMPTED BUT FAILED BANKER SHORT COVERING , 2) A VERY WEAK ISSUANCE OF EXCHANGE FOR PHYSICALS (SEE BELOW), 3) A SMALL LOSS IN OUNCES STANDING FOR SILVER AT THE COMEX FOR SEPT., AND 4) ZERO LONG LIQUIDATION,
EFP ISSUANCE 475 CONTRACTS
OUR CUSTOMARY MIGRATION OF COMEX LONGS CONTINUE TO MORPH INTO LONDON FORWARDS AS OUR BANKERS USED THEIR EMERGENCY PROCEDURE TO ISSUE:
SEPT: 0 AND DEC. 475 AND MARCH: 0 ALL OTHER MONTHS: ZERO. TOTAL EFP ISSUANCE: 475 CONTRACTS. EFP’S GIVE OUR COMEX LONGS A FIAT BONUS PLUS A DELIVERABLE PRODUCT OVER IN LONDON. IF WE TAKE THE COMEX OI GAIN OF 247 CONTRACTSTO THE 475 OI TRANSFERRED TO LONDON THROUGH EFP’S, WE OBTAIN A SMALL SIZED GAIN OF 722 OPEN INTEREST CONTRACTS FROM OUR TWO EXCHANGES. THUS IN OUNCES, THE GAIN ON THE TWO EXCHANGES 3.610 MILLION OZ, OCCURRED WITH OUR 27 CENT GAIN IN PRICE///
BOTH THE SILVER COMEX AND THE GOLD COMEX ARE IN STRESS AS THE BANKERS SCOUR THE BOWELS OF THE EXCHANGE FOR METAL..THE EVIDENCE IS CLEAR: HUGE AMOUNTS OF PHYSICAL STANDING FOR BOTH SILVER AND GOLD .
(report Harvey)
2 ) Gold/silver trading overnight Europe, Goldcore
(Mark O’Byrne/zerohedge
and in NY: Bloomberg
3. ASIAN AFFAIRS
i)WEDNESDAY MORNING/ TUESDAY NIGHT:
SHANGHAI CLOSED DOWN 61.79 POINTS OR 1.86% //Hang Sang CLOSED DOWN 155.41 POINTS OR 0.63% /The Nikkei closed DOWN 241.59 POINTS OR 1.04%//Australia’s all ordinaires CLOSED DOWN 2.12%
/Chinese yuan (ONSHORE) closed DOWN at 6.8466 /Oil UP TO 37.18 dollars per barrel for WTI and 40.00 for Brent. Stocks in Europe OPENED MOSTLY GREEN// ONSHORE YUAN CLOSED DOWN // LAST AT 6.8466 AGAINST THE DOLLAR. OFFSHORE YUAN CLOSED DOWN ON THE DOLLAR AT 6.8476 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//CORONAVIRUS/PANDEMIC : /ONSHORE YUAN TRADING ABOVE LEVEL OF OFFSHORE YUAN/ONSHORE YUAN TRADING WEAKER AGAINST USA DOLLAR/OFFSHORE YUAN TRADING WEAKER AGAINST THE DOLLAR /TRADE DEAL NOW DEAD..TRUMP RAISED RATES TO 25%
COMEX DATA//AMOUNTS STANDING//VOLUME OF TRADING/INVENTORY MOVEMENTS
GOLD
LET US BEGIN: