NOV 21/GOLD CLOSED DOWN $14,20 to $1738.50//SILVER CLOSED DOWN 12 CENTS TO $20.85//COMEX DATA COMPLETE //FINAL DATA at 4 PM COMPLETE//MAJOR STORIES TODAY

GOLD PRICE CLOSE: DOWN 14.20 at $1738.50

SILVER PRICE CLOSE: down 12 cents  to $20.85

Access prices: closes : 4: 15 PM

Gold ACCESS CLOSE 1739.00

Silver ACCESS CLOSE: 20.86

New: early yesterday morning//

Bitcoin morning price: $16,726 UP 470

Bitcoin: afternoon price: $15,813 DOWN 913

Platinum price closing  DOWN $

Palladium price; closing

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:

BRITISH GOLD: 

EURO GOLD: 

DONATE

Click here if you wish to send a donation. I sincerely appreciate it as this site takes a lot of preparation.

EXCHANGE:EXCHANGE: COMEX

CONTRACT: NOVEMBER 2022 COMEX 100 GOLD FUTURES
SETTLEMENT: 1,751.900000000 USD
INTENT DATE: 11/18/2022 DELIVERY DATE: 11/22/2022
FIRM ORG FIRM NAME ISSUED STOPPED


118 C MACQUARIE FUT 102
132 C SG AMERICAS 2
190 H BMO CAPITAL 5
435 H SCOTIA CAPITAL 26
657 C MORGAN STANLEY 6
661 C JP MORGAN 58
737 C ADVANTAGE 3 35
800 C MAREX SPEC 4
880 C CITIGROUP 4
880 H CITIGROUP 252
905 C ADM 13


TOTAL: 255 255

GOLD: NUMBER OF NOTICES FILED FOR NOV. CONTRACT:    255 NOTICES FOR 25500  OZ  or 0.7902 TONNES

total notices so far: 6575 contracts for 657,500 oz (20.451 tonnes) 

SILVER NOTICES: 168 NOTICE(S) FILED FOR 840,000 OZ/

 

total number of notices filed so far this month  578:  for 2,890,000  oz



END

Russia is a major supplier of silver to London while Mexico supplies the COMEX

With the sanctions, London has no way to obtain silver other than compete with NY.

GLD

WITH GOLD DOWN$7.75

INVESTORS SWITCHING TO SPROTT PHYSICAL  (PHYS) INSTEAD OF THE FRAUDULENT GLD//BIG CHANGES IN GOLD INVENTORY AT THE GLD: /////HUGE CHANGES IN GLD INVENTORY: A WITHDRAWAL OF 1.45 TONNES INTO THE GLD//

INVENTORY RESTS AT TONNES

Silver//SLV

WITH NO SILVER AROUND AND SILVER UP $.05

AT THE SLV// :/SMALL CHANGES IN SILVER INVENTORY AT THE SLV: A WITHDRAWAL OF OF 0.553 MILLION OZ INTO THE SLV

INVESTORS ARE SWITCHING SLV TO SPROTT’S PSLV

CLOSING INVENTORY: 471.923 MILLION OZ (THIS IS ALSO A CRIME SCENE@!!!!

Let us have a look at the data for today

SILVER//OUTLINE


SILVER COMEX OI FELL BY A HUGE SIZED 1738CONTRACTS TO 137,054 AND FURTHER FROM  THE  RECORD HIGH OI OF 244,710, SET FEB 25/2020 AND THE HUGE LOSS IN COMEX OI WAS ACCOMPLISHED DESPITE OUR TINY GAIN OF $0.05  IN SILVER PRICING AT THE COMEX ON FRIDAY.  OUR SHORTERS/HFT WERE  UNSUCCESSFUL IN KNOCKING THE PRICE OF SILVER DOWN (IT ROSE BY $0.05)., AND WERE SUCCESSFUL IN KNOCKING OFF SOME SPEC LONGS, AS WE HAD A STRONG SIZED LOSS IN OUR TWO EXCHANGES OF 1406 CONTRACTS.  WE HAD A SOME ATTEMPTED SPEC SHORT COVERINGS OF  THEIR SHORTFALLS WITH SOME SUCCESS .WE HAD SOME SPEC SHORT ADDITIONS AS THE PRICE OF THE METAL WAS BASICALLY FLAT . // OUR  BANKERS CONTINUE TO BE PURCHASERS OF NET COMEX LONGS. HUGE NUMBER OF NEWBIE SPEC LONGS ADDED TO THEIR POSITIONS CAUSING ADDITIONAL MISERY TO OUR SHORTERS. 

WE  MUST HAVE HAD: 
I) SOME ATTEMPTED (WITH SOME SUCCESS)  SPECULATOR SHORT COVERINGS WITH CONSIDERABLE SHORT ADDITIONS ////CONTINUED BANKER OI COMEX ADDITIONS /// HUGE NEWBIE SPEC LONG ADDITIONS. II)  WE ALSO HAD  SOME  REDDIT RAPTOR BUYING//.   iii)  A FAIR ISSUANCE OF EXCHANGE FOR PHYSICALS iiii) AN  INITIAL SILVER STANDING FOR COMEX SILVER MEASURING AT 1.045 MILLION OZ FOLLOWED BY TODAY’S 150,000 QUEUE JUMP//NEW STANDING:3,054,000 MILLION OZ/    / //  V)   GIGANTIC SIZED COMEX OI LOSS/ 

 I AM NOW RECORDING THE DIFFERENTIAL IN OI FROM PRELIMINARY TO FINAL:+38

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

TOTAL CONTRACTS for 15 days, total 24,190 contracts: 120,950 million oz  OR 8.063 MILLION OZ PER DAY. (1612CONTRACTS PER DAY)

TOTAL EFP’S FOR THE MONTH SO FAR: 119.1 MILLION OZ

.

LAST 17 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 

JAN 2022//  90.460 MILLION OZ

FEB 2022:  72.39 MILLION OZ//

MARCH: 207.430  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: 120.95MILLION OZ

RESULT: WE HAD A HUGE SIZED DECREASE IN COMEX OI SILVER COMEX CONTRACTS OF 1738DESPITE OUR  $0.05 GAIN IN SILVER PRICING AT THE COMEX// FRIDAY.,.  THE CME NOTIFIED US THAT WE HAD A FAIR SIZED EFP ISSUANCE  CONTRACTS: 370 CONTRACTS ISSUED FOR DEC AND 0 CONTRACTS ISSUED FOR ALL OTHER MONTHS) WHICH  EXITED OUT OF THE SILVER COMEX  TO LONDON  AS FORWARDS./ WE HAVE A GOOD INITIAL SILVER OZ STANDING FOR NOV. OF 1.345 MILLION  OZ  FOLLOWED BY TODAY’S 150,000 QUEUE JUMP/  .. WE HAVE A HUGE SIZED LOSS OF 1378  OI CONTRACTS ON THE TWO EXCHANGES FOR 6.840 MILLION  OZ.. THE SILVER SHORTS ARE NOW TRAPPED AS THEY ARE HAVING CONSIDERABLE DIFFICULTY IN COVERING THOSE SHORTS

 WE HAD 168 NOTICE(S) FILED TODAY FOR  840,000 OZ

THE SILVER COMEX IS NOW BEING ATTACKED FOR METAL BY LONDONERS ET AL.

GOLD//OUTLINE

IN GOLD, THE COMEX OPEN INTEREST FELL  BY A FAIR SIZED 2156CONTRACTS  TO 471,947 AND FURTHER FROM  THE RECORD (SET JAN 24/2020) AT 799,541 AND  PREVIOUS TO THAT: (SET JAN 6/2020) AT 797,110.

THE DIFFERENTIAL FROM PRELIMINARY OI TO FINAL OI IN GOLD TODAY: REMOVED 140  CONTRACTS.

.

THE FAIR SIZED DECREASE  IN COMEX OI CAME WITH OUR LOSS IN PRICE OF $7.75/COMEX GOLD TRADING/FRIDAY //  CONSIDERABLE ATTEMPTED SPECULATOR SHORT  COVERINGS TO LITTLE AVAIL//(MAYBE SOME SPEC SHORT ADDITIONS IF THEY ARE STUPID ENOUGH), ACCOMPANYING OUR FAIR SIZED EXCHANGE FOR PHYSICAL ISSUANCE./. WE HAD MINOR LONG LIQUIDATION  WITH CONTINUED ADDITIONS TO OUR BANKER LONGS!! THE COMEX WILL BLOW UP AS THE SPECS CANNOT DELIVER GOLD TO OUR BANKER LONGS. IT SEEMS THAT EVERYBODY WISHES TO BUY BUT NO SELLERS.

WE ALSO HAD A HUGE INITIAL STANDING IN GOLD TONNAGE FOR NOV. AT 12.386 TONNES ON FIRST DAY NOTICE FOLLOWED BY TODAY’S  377,00 OZ QUEUE JUMP //(QUEUE JUMPING = EXERCISING LONDON BASED EFP’S WILL CONTINUE UNTIL MONTH’S END)

YET ALL OF..THIS HAPPENED WITH OUR STRONG LOSS IN PRICE OF  $7.75 WITH RESPECT TO FRIDAY’S TRADING

WE HAD A SMALL SIZED LOSS OF 596 OI CONTRACTS (3.110 PAPER TONNES) ON OUR TWO EXCHANGES..

E.F.P. ISSUANCE

THE CME RELEASED THE DATA FOR EFP ISSUANCE AND IT TOTALED A GOOD SIZED 2889 CONTRACTS:

The NEW COMEX OI FOR THE GOLD COMPLEX RESTS AT 471,947

IN ESSENCE WE HAVE A SMALL  SIZED DECREASE IN TOTAL CONTRACTS ON THE TWO EXCHANGES OF 596 CONTRACTS  WITH 2296  CONTRACTS DECREASED AT THE COMEX (SHORT SPECULATORS FAILING TO GET OUT OF THEIR MESS) AND 2889  EFP OI CONTRACTS WHICH NAVIGATED OVER TO LONDON. THUS  TOTAL OI LOSS ON THE TWO EXCHANGES OF 596 CONTRACTS OR 3.110 TONNES.

CALCULATIONS ON GAIN/LOSS ON OUR TWO EXCHANGES

WE HAD A FAIR SIZED ISSUANCE IN EXCHANGE FOR PHYSICALS (2889) ACCOMPANYING THE FAIR SIZED LOSS IN COMEX OI (2296TOTAL LOSS IN THE TWO EXCHANGES 733 CONTRACTS. WE NO DOUBT HAD 1) CONSIDERABLE ATTEMPTED BUT FAILED SPECULATOR SHORT COVERINGS// CONTINUED GOOD BANKER ADDITIONS.  WE  HAD SOME SHORT SPEC ADDITIONS/// // CONSIDERABLE NEWBIE SPEC  ADDITIONS  ,2.) STRONG INITIAL STANDING AT THE GOLD COMEX FOR NOV. AT 12.386 TONNES FOLLOWED BY TODAY’S GOOD QUEUE JUMP OF 37,700 OZ //NEW STANDING 24.547 TONNES///3) ZERO LONG LIQUIDATION //// //.,4)   FAIR SIZED COMEX OPEN INTEREST LOSS 5) FAIR ISSUANCE OF EXCHANGE FOR PHYSICAL PAPER/

HISTORICAL ACCUMULATION OF EXCHANGE FOR PHYSICALS IN 2022 INCLUDING TODAY

NOV

ACCUMULATION OF EFP’S GOLD AT J.P. MORGAN’S HOUSE OF BRIBES: (EXCHANGE FOR PHYSICAL) FOR THE MONTH OF NOV. :

63,739 CONTRACTS OR 6,3739,00OZ OR 198.25 TONNES 15 TRADING DAY(S) AND THUS AVERAGING: 4249 EFP CONTRACTS PER TRADING DAY

TO GIVE YOU AN IDEA AS TO THE  SIZE OF THESE EFP TRANSFERS :  THIS MONTH IN 15  TRADING DAY(S) IN  TONNES: 198.25 TONNES

TOTAL ANNUAL GOLD PRODUCTION, 2021, THROUGHOUT THE WORLD EX CHINA EX RUSSIA: 3555 TONNES

THUS EFP TRANSFERS REPRESENTS  198.25 //3550 x 100% TONNES  5.57% OF GLOBAL ANNUAL PRODUCTION

ACCUMULATION OF GOLD EFP’S YEAR 2021 TO 2022 

JANUARY/2021: 265.26 TONNES (RAPIDLY INCREASING AGAIN)

 FEB  :  171.24 TONNES  ( DEFINITELY SLOWING DOWN AGAIN).. 

MARCH:.   276.50 TONNES (STRONG AGAIN/

APRIL:      189..44 TONNES  ( DRAMATICALLY SLOWING DOWN AGAIN//GOLD IN BACKWARDATION)

MAY:        250.15 TONNES  (NOW DRAMATICALLY INCREASING AGAIN)

JUNE:      247.54 TONNES (FINAL)

JULY:        188.73 TONNES FINAL

AUGUST:   217.89 TONNES FINAL ISSUANCE.

SEPT          142.12 TONNES FINAL ISSUANCE ( LOW ISSUANCE)_

OCT:           141.13 TONNES FINAL ISSUANCE (LOW ISSUANCE)

NOV:           312.46 TONNES FINAL ISSUANCE//NEW RECORD!! (INCREASING DRAMATICALLY)//SIGN OF REAL STRESS//SURPASSING THE MARCH 2021 RECORD OF 276.50 TONNES OF EFP

DEC.           175.62 TONNES//FINAL ISSUANCE// 

JAN:2022   247.25 TONNES //FINAL

FEB:           196.04 TONNES//FINAL

MARCH:  409.30 TONNES INITIAL( THIS IS NOW A RECORD EFP ISSUANCE FOR MARCH AND FOR ANY MONTH.

APRIL:  169.55 TONNES (FINAL VERY  LOW ISSUANCE MONTH)

MAY:  247,44 TONNES FINAL// 

JUNE: 238.13 TONNES  FINAL

JULY: 378.43 TONNES FINAL

AUGUST: 180.81 TONNES FINAL

SEPT. 193.16 TONNES FINAL

OCT:  177.57  TONNES FINAL ( MUCH SMALLER THAN LAST MONTH)

NOV.  198.25 TONNES//INITIAL ( SO FAR MUCH LARGER THAN PREVIOUS MONTHS)

SPREADING OPERATIONS

(/NOW SWITCHING TO GOLD) FOR NEWCOMERS, HERE ARE THE DETAILS

SPREADING LIQUIDATION HAS NOW COMMENCED   AS WE HEAD TOWARDS THE  NEW   NON ACTIVE FRONT MONTH OF NOV. WE ARE NOW INTO THE SPREADING OPERATION OF BOTH SILVER AND GOLD (WILL BE SMALL AS SPREADERS DO NOT PAY ATTENTION TO NOVEMBER)

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:HERE IS HOW THE CROOKS USED SPREADING AS WE ARE NOW INTO THE  NON ACTIVE DELIVERY MONTH OF OCT HEADING TOWARDS THE NON  ACTIVE DELIVERY MONTH OF NOV., FOR BOTH GOLD AND SILVER:

YOU WILL ALSO NOTICE THAT THE COMEX OPEN INTEREST  STARTS TO RISE BUT SO IS THE OPEN INTEREST OF SPREADERS. THE OPEN INTEREST IN WILL CONTINUE TO RISE UNTIL ONE WEEK BEFORE FIRST DAY NOTICE OF AN UPCOMING  ACTIVE DELIVERY MONTH (NOV), 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.”

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, FELL BY A HUGE SIZED 1738 CONTRACTS OI TO  137,016 AND FURTHER FROM OUR COMEX HIGH 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  5 YEARS AGO.  

EFP ISSUANCE 370 CONTRACTS

OUR CUSTOMARY MIGRATION OF COMEX LONGS CONTINUE TO MORPH INTO LONDON FORWARDS  AS OUR BANKERS USED THEIR EMERGENCY PROCEDURE TO ISSUE:

DEC 370  ALL OTHER MONTHS: ZERO. TOTAL EFP ISSUANCE:  370 CONTRACTS. EFP’S GIVE OUR COMEX LONGS A FIAT BONUS PLUS A DELIVERABLE PRODUCT OVER IN LONDON.  IF WE TAKE THE  COMEX OI  LOSS OF 1776 CONTRACTS AND ADD TO THE 370  OI TRANSFERRED TO LONDON THROUGH EFP’S,

WE OBTAIN A VERY GIGANTIC SIZED LOSS  OF 1368 OPEN INTEREST CONTRACTS FROM OUR TWO EXCHANGES. 

THUS IN OUNCES, THE LOSS  ON THE TWO EXCHANGES 6.840MILLION OZ//

OCCURRED WITH OUR RISE IN PRICE OF  $0.05….. OUR SPEC SHORTS HAVE NOWHERE TO HIDE!

OUTLINE FOR TODAY’S COMMENTARY

1/COMEX GOLD AND SILVER REPORT

(report Harvey)

2 ) Gold/silver trading overnight Europe,

(Peter Schiff,

end

3. Egon von Greyerz///Matthew Piepenburg via GoldSwitzerland.com,

4. Chris Powell of GATA provides to us very important physical commentaries

end

5. Other gold/silver commentaries

6. Commodity commentaries//

7/CRYPTOCURRENCIES/BITCOIN ETC

3. ASIAN AFFAIRS

i)MONDAY MORNING//SUNDAY  NIGHT

SHANGHAI CLOSED DOWN 18,19 PTS OR 0.58%   //Hang Sang CLOSED DOWN 53,12 OR  0.29%    /The Nikkei closed DOWN 30.80 OR 0.11%          //Australia’s all ordinaries CLOSED UP  0.21%   /Chinese yuan (ONSHORE) closed DOWN TO 7.1151//OFFSHORE CHINESE YUAN DOWN 7.1257//    /Oil DOWN TO 82.31 dollars per barrel for WTI and BRENT AT 95.14    / Stocks in Europe OPENED ALL GREEN.        ONSHORE YUAN TRADING ABOVE LEVEL OF OFFSHORE YUAN/ONSHORE YUAN  TRADING STRONGER AGAINST US DOLLAR/OFFSHORE STRONGER

a)NORTH KOREA/SOUTH KOREA

outline

b) REPORT ON JAPAN/

OUTLINE

3 C CHINA

OUTLINE

4/EUROPEAN AFFAIRS

OUTLINE

5. RUSSIAN AND MIDDLE EASTERN AFFAIRS

OUTLINE

6.Global Issues//COVID ISSUES/VACCINE ISSUES

OUTLINE

7. OIL ISSUES

OUTLINE

8 EMERGING MARKET ISSUES

 COMEX DATA//AMOUNTS STANDING//VOLUME OF TRADING/INVENTORY MOVEMENTS

GOLD

LET US BEGIN:

THE TOTAL COMEX GOLD OPEN INTEREST FELL BY A FAIR SIZED 2,296 CONTRACTS TO 471,947AND FURTHER FROM THE RECORD THAT WAS SET IN JANUARY/2020: {799,541  OI(SET JAN 16/2020)} AND  PREVIOUS TO THAT: 797,110 (SET JAN 7/2020). AND THIS COMEX DECREASE OCCURRED WITH OUR FALL IN PRICE OF $7.75 IN GOLD PRICING FRIDAY’S COMEX TRADING. WE ALSO HAD A FAIR SIZED EFP (2889 CONTRACTS). . THEY WERE PAID HANDSOMELY  NOT TO TAKE DELIVERY AT THE COMEX AND SETTLE FOR CASH. IT SEEMS THAT SPEC SHORTS ARE STILL HAVING TROUBLE COVERING THEIR HUGE SHORTFALL.

WE NORMALLY HAVE WITNESSED  EXCHANGE FOR PHYSICALS ISSUED BEING SMALL AS IT JUST TOO COSTLY FOR THEM TO CONTINUE SERVICING THE COSTS OF SERIAL FORWARDS CIRCULATING IN LONDON. HOWEVER, MUCH TO THE ANNOYANCE OF OUR BANKERS, THE COMEX IS THE SCENE OF AN ASSAULT ON GOLD AS LONDONERS, NOT BEING ABLE TO FIND ANY PHYSICAL ON THAT SIDE OF THE POND, EXERCISE THESE CIRCULATING EXCHANGE FOR PHYSICALS IN LONDON AND FORCING DELIVERY OF REAL METAL OVER HERE AS THE OBLIGATION STILL RESTS WITH NEW YORK BANKERS. IT SEEMS THAT ARE BANKERS FRIENDS ARE EXERCISING EFP’S FROM LONDON AND NOW THEY ARE LOATHE TO ISSUE NEW ONES.

EXCHANGE FOR PHYSICAL ISSUANCE

WE ARE NOW IN THE NON -ACTIVE DELIVERY MONTH OF NOV..  THE CME REPORTS THAT THE BANKERS ISSUED A FAIR SIZED TRANSFER THROUGH THE EFP ROUTE AS THESE LONGS RECEIVED A DELIVERABLE LONDON FORWARD TOGETHER WITH A FIAT BONUS.,

THAT IS 2889 EFP CONTRACTS WERE ISSUED:  ;: ,  . 0 DEC :  2889  & ZERO FOR ALL OTHER MONTHS:

TOTAL EFP ISSUANCE: 2889 CONTRACTS 

WHEN WE HAVE BACKWARDATION,  EFP ISSUANCE IS VERY COSTLY BUT THE REAL PROBLEM IS THE SCARCITY OF METAL AND IT IS FAR BETTER FOR OUR BANKERS TO PAY OFF INDIVIDUALS THAN RISK INVESTORS ESPECIALLY FROM LONDON STANDING FOR DELIVERY. THE LOWER PRICES IN THE FUTURES MARKET IS A MAGNET FOR OUR LONDONERS SEEKING PHYSICAL METAL. BACKWARDATION ALWAYS EQUAL SCARCITY OF METAL!

ON A NET BASIS IN OPEN INTEREST WE GAINED THE FOLLOWING TODAY ON OUR TWO EXCHANGES: A SMALL SIZED  TOTAL OF 733 CONTRACTS IN THAT 2889 LONGS WERE TRANSFERRED AS FORWARDS TO LONDON AND WE HAD A FAIR  SIZED  COMEX OI  LOSS OF 2156   CONTRACTS..AND  THIS SMALL SIZED GAIN ON OUR TWO EXCHANGES HAPPENED WITH OUR FALL IN PRICE OF GOLD $7.75//WE ARE WITNESSING SOME SPEC SHORTS COVERING THEIR SHORTFALL. BANKERS CONTINUE  AS NET BUYERS OF COMEX GOLD CONTRACTS AS THEY HAVE BEEN NET LONG FOR THE PAST FEW MONTHS.  WE ALSO HAD SOME ADDITIONAL  NEWBIE SPECS GOING LONG WITH THE LOWER PRICE.  IT LOOKS LIKE OUR SPEC SHORTS ARE IN DEEP TROUBLE  

// WE HAVE A STRONG AMOUNT OF GOLD TONNAGE STANDING NOV   (24.574TONNES),

 HERE ARE THE AMOUNTS THAT STOOD FOR DELIVERY IN THE PRECEDING 12 MONTHS OF 2021-2022:

DEC 2021: 112.217 TONNES

NOV.  8.074 TONNES

OCT.    57.707 TONNES

SEPT: 11.9160 TONNES

AUGUST: 80.489 TONNES

JULY: 7.2814 TONNES

JUNE:  72.289 TONNES

MAY 5.77 TONNES

APRIL  95.331 TONNES

MARCH 30.205 TONNES

FEB ’21. 113.424 TONNES

JAN ’21: 6.500 TONNES.

TOTAL  YEAR  2021 (JAN- DEC): 601.213 TONNES

YEAR 2022:

JANUARY 2022  17.79 TONNES

FEB 2022: 59.023 TONNES

MARCH: 36.678 TONNES

APRIL: 85.340 TONNES FINAL.

MAY: 20.11 TONNES FINAL

JUNE: 74.933 TONNES FINAL

JULY 29.987 TONNES FINAL

AUGUST:104.979 TONNES//FINAL

SEPT.  38.1158 TONNES

OCT:  77.390 TONNES/ FINAL

NOV 24.574 TONNES/INITIAL (TOTAL SO FAR THIS YEAR 564.435 TONNES)

THE SPECS/HFT WERE SUCCESSFUL IN LOWERING GOLD’S PRICE  //// (IT FELL $7.75) BUT WERE UNSUCCESSFUL IN KNOCKING OFF ANY  SPECULATOR LONGS AS WE HAD A VERY MINOR GAIN OF 596  CONTRACTS ON OUR TWO EXCHANGES. WE HAD SOME SPEC SHORT ADDITIONS AND CONSIDERABLE SPEC SHORT COVERINGS..  WE HAD A TINY SIZED GAIN ON OUR TWO EXCHANGES OF 596 CONTRACTS.//    WE HAVE GAINED A TOTAL OI  OF 2.279PAPER TONNES OF TOTAL OI FROM OUR TWO EXCHANGES, ACCOMPANYING OUR  GOLD TONNAGE STANDING FOR NOV. (24.574 TONNES)…THIS WAS ACCOMPLISHED WITH OUR LOSS IN PRICE OF $12.75 

WE HAD -x140CONTRACTS  COMEX TRADES REMOVED. THESE WERE REMOVED AFTER TRADING ENDED LAST NIGHT

NET GAIN ON THE TWO EXCHANGES  596 CONTRACTS OR 59,600OZ OR  3.110TONNES

Estimated gold volume 110,230//  awful//

final gold volumes/yesterday  282,121/  fair to good

INITIAL STANDINGS FOR  NOVEMBER 2022 COMEX GOLD //NOV 19

GoldOunces
Withdrawals from Dealers Inventory in oznil oz
Withdrawals from Customer Inventory in oz 173,969.061 oz

Brinks
5000 KILOBARS
Manfra 3,568/761 oz

111 kilobars


 









 
Deposit to the Dealer Inventory in oznil 
Deposits to the Customer Inventory, in oz
25500oz
No of oz served (contracts) today255  notice(s)
25500  OZ
0.7932 TONNES
No of oz to be served (notices)1317 contracts 
131700oz
4,096 TONNES

 
Total monthly oz gold served (contracts) so far this month6575notices
6575,00
20.451 TONNES
Total accumulative withdrawals of gold from the Dealers inventory this monthNIL oz
Total accumulative withdrawal of gold from the Customer inventory this monthxxx oz

total dealer deposit  0

total dealer deposit:  nil oz

No dealer withdrawals

Customer deposits: 0

total deposits  nil oz

 customer withdrawals:2

i) Out of Brinks:  160,755.000  (5000 kilobars)

ii) Out of Manfra: 3,568.761 oz (111 kilobars)

total: 173,969.061 oz

total in tonnes: 5.4 tonnes

Adjustments: 0//  

CALCULATIONS FOR THE AMOUNT OF GOLD STANDING FOR NOVEMBER.

For the front month of NOVEMBER we have an oi of 1572 contracts having GAINED 375 contracts.   We had  2notices served on FRIDAY so we gained a HUGE 377 CONTRACTS or an additional 37,700 OZ (1,176 TONNES) will stand in this non active month of November.  We will have Nov gold tonnage standing increase daily from this day forth until the end of the month.

This queue jumping originates in London with the exercising of London based EFP’s for comex gold.

December LOST A SMALL 15,812 contracts DOWN to 170,995 DEC WILL BE A DILLY OF A DELIVERY MONTH.

JANUARY  GAINED 66 contracts to stand at 545.

February gained 12,721 contacts up to 250,904

We had 255 notice(s) filed today for 25500 oz 


Today, 0 notice(s) were issued from J.P.Morgan dealer account and  0  notices were issued from their client or customer account. The total of all issuance by all participants equate to 255 contract(s) of which 0   notices were stopped (received) by  j.P. Morgan dealer and  56 notice(s) was (were) stopped/ Received) by J.P.Morgan//customer account and 0 notice(s) received (stopped) by the squid  (Goldman Sachs)

To calculate the INITIAL total number of gold ounces standing for the NOV. /2022. contract month, 

we take the total number of notices filed so far for the month (6575) x 100 oz , to which we add the difference between the open interest for the front month of  (NOV 1572 CONTRACTS)  minus the number of notices served upon today 255 x 100 oz per contract equals 789,200OZ  OR 24.547TONNES the number of TONNES standing in this   non active month of NOV. 

thus the INITIAL standings for gold for the NOV. contract month:

No of notices filed so far (6575) x 100 oz+   (1572  OI for the front month minus the number of notices served upon today (255} x 100 oz} which equals 789,200 oz standing OR 24.574  TONNES in this NON active delivery month of NOV..

TOTAL COMEX GOLD STANDING:  24.574 TONNES  (A HUMONGOUS STANDING//NEW RECORD FOR NOV (GENERALLY THE POOREST DELIVERY MONTHS FOR A NON ACTIVE MONTH)

XXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXX

COMEX GOLD INVENTORIES/CLASSIFICATION

NEW PLEDGED GOLD:

241,794.285 oz NOW PLEDGED /HSBC  5.94 TONNES

204,937.290 PLEDGED  MANFRA 3.08 TONNES

83,657.582 PLEDGED JPMorgan no 1  1.690 tonnes

265,999.054, oz  JPM No 2 

1,152,376.639 oz pledged  Brinks/

Manfra:  33,758.550 oz

Delaware: 193.721 oz

International Delaware::  11,188.542 o

total pledged gold:  1,910,019.656 OZ   59.940 tonnes

TOTAL OF ALL GOLD ELIGIBLE AND REGISTERED:  23,717,558.288OZ  

TOTAL REGISTERED GOLD: 11,077,289.12 OZ (344.55 tonnes)..dropping fast

TOTAL OF ALL ELIGIBLE GOLD: 12,814,238.157 OZ  

REGISTERED GOLD THAT CAN BE SERVED UPON: 9,167,270 OZ (REG GOLD- PLEDGED GOLD) 285,14 tonnes//rapidly declining 

END

SILVER/COMEX

NOV 15//INITIAL NOV. SILVER CONTRACT

SilverOunces
Withdrawals from Dealers InventoryNIL oz
Withdrawals from Customer Inventory122,540.896 oz
INT DEL
CNT






 










 
Deposits to the Dealer Inventorynil OZ
Deposits to the Customer Inventory1,965,397.935 oz
CNT
Loomis
Manfra



 











 
No of oz served today (contracts)168 CONTRACT(S)  
 (840,000 OZ)
No of oz to be served (notices)32 contracts 
(160,000 oz)
Total monthly oz silver served (contracts)578 contracts
 (2,080,000oz)
Total accumulative withdrawal of silver from the Dealers inventory this monthNIL oz
Total accumulative withdrawal of silver from the Customer inventory this month


i)  0 dealer deposit

total dealer deposits:  nil   oz

i) We had 0 dealer withdrawal

total dealer withdrawals:  oz

We have  2 withdrawals out of the customer account

i) Out of Int.Delaware:  92,802l226 oz

ii) Out of CNT:  28,786.470 oz

Total withdrawals:  122,580.896 oz

JPMorgan has a total silver weight: 152.387 million oz/296.240million =51.65% of comex .//dropping fast

  Comex deposits:   3

i) Into CNT  600,077.590 oz

ii) Into Loomis:  564.000 oz

iii) Into Manfra:  800,866.345 oz

total  1,965,397.935 oz

 adjustments: 1  dealer to customer jpm208,193.700 oz2

the silver comex is in stress!

TOTAL REGISTERED SILVER: 35,749 MILLION OZ (declining rapidly)

TOTAL REG + ELIG. 296,220 MILLION OZ (also declining)

CALCULATION OF SILVER OZ STANDING FOR SEPT

silver open interest data:

FRONT MONTH OF NOV OI: 200 CONTRACTS HAVING GAINED 30 CONTRACT(S.) 

WE HAD 0 NOTICES FILED ON MONDAY, SO WE GAINED 30 CONTRACTS OR AN ADDITIONAL 150,000 OZ WILL STAND

FOR SILVER IN THIS VERY NON ACTIVE DELIVERY MONTH OF NOVEMBER.

DECEMBER SAW A LOSS OF 3647 CONTRACTS DOWN TO 48,536

 (WE WILL HAVE A DANDY DEC. DELIVERY MONTH AS THE CONTRACTION IS GOING VERY SLOWLY)

JANUARY SAW A GAIN OF 29 CONTRACTS UP TO 1356 CONTACTS.

.

 .

TOTAL NUMBER OF NOTICES FILED FOR TODAY:168 for 840,000  oz

Comex volumes:35,691// est. volume today// poor   

Comex volume: confirmed yesterday: 95,236 contracts (  huge)

To calculate the number of silver ounces that will stand for delivery in NOV. we take the total number of notices filed for the month so far at  578x 5,000 oz = 2,890,000 oz 

to which we add the difference between the open interest for the front month of NOV(200)and the number of notices served upon today 168x (5000 oz) equals the number of ounces standing.

Thus the  standings for silver for the NOV../2022 contract month: 578(notices served so far) x 5000 oz + OI for front month of NOV (200)  – number of notices served upon today (168 x 5000 oz of silver standing for the NOV. contract month equates 3,054,000 oz. 

We will gain in silver oz standing from this day forth until the end of the month.

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

Comex volumes:49,371// est. volume today//    poor

Comex volume: confirmed yesterday: 101,267 contracts ( huge)

END

GLD AND SLV INVENTORY LEVELS

Nov 19

NOV 14/WITH GOLD UP $7.30: HUGE CHANGES IN GOLD INVENTORY AT THE GLD: A WITHDRAWAL OF 1.45 TONNES FROM THE GLD///INVENTORY RESTS AT 910.12 TONNES

NOV 11/WITH GOLD UP $15.25//BIG CHANGES IN GOLD INVENTORY AT THE GLD: A DEPOSIT OF 3.19 TONNES INTO THE GLD////INVENTORY RESTS AT 911.57 TONNES

NOV 10/WITH GOLD UP $40.75: NO CHANGES IN GOLD INVENTORY AT THE GLD//INVENTORY RESTS AT 908.38 TONNES

NOV 9/WITH GOLD DOWN $2.00:  BIG CHANGES IN GOLD INVENTORY AT THE GLD: A DEPOSIT OF 2.89 TONNES INTO THE GLD////INVENTORY RESTS AT 908.38 TONNES

NOV 8/WITH GOLD UP $34.40: BIG CHANGES IN GOLD INVENTORY AT THE GLD A WITHDRAWAL OF 1.47 TONNES FROM THE GLD//: INVENTORY RESTS AT 905.49 TONNES

NOV 7/WITH GOLD UP $2.95: BIG CHANGES IN GOLD INVENTORY AT THE GLD: A WITHDRAWAL OF 4.63 TONNES FROM THE GLD//INVENTORY RESTS AT 906.96. TONNES

NOV 4/WITH GOLD UP $44.45 TO $1673.30: BIG CHANGES IN GOLD INVENTORY AT THE GLD: A WITHDRAWAL OF 3.48 TONNES FROMTHE GLD////INVENTORY RESTS AT 911.59 TONNES.

NOV 3/WITH GOLD DOWN $18.30 TO $1628.85: BIG CHANGES IN GOLD INVENTORY AT THE GLD: A WITHDRAWAL OF 4.05 TONNES FROM THE GLD////INVENTORY RESTS AT 915.07 TONNES

NOV 2/WITH GOLD UP 55 CENTS TODAY: BIG CHANGES IN GOLD INVENTORY AT THE GLD: A WITHDRAWAL OF 1.45 TONNES FROM THE GLD///INVENTORY RESTS AT 919.12 TONNES.

NOV 1/WITH GOLD UP $9.20 TODAY: BIG CHANGES IN GOLD INVENTORY AT THE GLD: A WITHDRAWAL OF 2.02 TONNES FORM THE GLD../INVENTORY RESTS AT 920.57 TONNES

OCT 31/WITH GOLD DOWN $4.00; BIG CHANGES IN GOLD INVENTORY AT THE GLD: A WITHDRAWAL OF 2.61 TONNES FROM THE GLD//INVENTORY RESTS AT 922.59. TONNES//

OCT28/WITH GOLD DOWN $19.70 TODAY: BIG CHANGES IN GOLD INVENTORY AT THE GLD: A WITHDRAWAL OF 3.19 TONNES FROM THE GLD..///INVENTORY RESTS AT 925.20 TONNES

OCT 27/WITH GOLD DOWN $3.80: NO CHANGES IN GOLD INVENTORY AT THE GLD//INVENTORY RESTS AT 928.39 TONNES

OCT 26/WITH GOLD UP $11.65 TODAY: NO CHANGES IN GOLD INVENTORY AT THE GLD//INVENTORY RESTS AT 928.39 TONNES

OCT 25/WITH GOLD UP $3.85: SMALL CHANGES IN GOLD INVENTORY AT THE GLD: A DEPOSIT OF .29 TONNES OF GOLD INTO THE GLD///INVENTORY RESTS AT 928.39 TONNES

OCT 24/WITH GOLD DOWN $1.80 TODAY: BIG CHANGES IN GOLD INVENTORY AT THE GLD: A WITHDRAWAL OF 2.89 TONNES FROM THE GLD////INVENTORY RESTS AT 928.10 TONNES

OCT 21/WITH GOLD UP $19.10: BIG CHANGES IN GOLD INVENTORY AT THE GLD: A WITHDRAWAL OF 1.74 TONNES FROM THE GLD///INVENTORY RESTS AT 930.99 TONNES

OCT 20/WITH GOLD UP $2.40: BIG CHANGES IN GOLD INVENTORY AT THE GLD: A WITHDRAWAL OF 6.08 TONNES FROM THE GLD///INVENTORY RESTS AT 932.73 TONNES

OCT 19/WITH GOLD DOWN $20.65:: SMALL CHANGES IN GOLD INVENTORY AT THE GLD: A WITHDRAWAL OF .29 TONNES FROM THE GLD////INVENTORY RESTS AT 938.81 TONNES

OCT 18/WITH GOLD DOWN $7.40: BIG CHANGES IN GOLD INVENTORY AT THE GLD: A WITHDRAWAL OF 2.03 TONNES FROM THE GLD////INVENTORY RESTS AT 939.10 TONNES

OCT 17/WITH GOLD UP $14.55: BIG CHANGES IN GOLD INVENTORY AT THE GLD: A WITHDRAWAL OF 3.28 TONNES FROM THE GLD///INVENTORY RESTS AT 941.13 TONNES

OCT 14/WITH GOLD DOWN $26.50 TODAY: BIG CHANGES IN GOLD INVENTORY AT THE GLD: A WITHDRAWAL OF 1.16 TONNES FROM THE GLD///INVENTORY RESTS AT 944.31 TONNES

OCT 13/WITH GOLD DOWN $0.40 TODAY: A DEPOSIT OF 1.16 TONNES INTO THE GLD// CHANGE IN GOLD INVENTORY AT THE GLD//INVENTORY RESTS AT 945.47 TONNES

OCT 12/WITH GOLD UP $4.00 TODAY: NO CHANGES IN GOLD INVENTORY AT THE GLD//INVENTORY RESTS AT 944.31 TONNES

OCT 11/WITH GOLD UP $10.30 TODAY: NO CHANGES IN GOLD INVENTORY AT THE GLD//INVENTORY RESTS AT 944.31 TONNES

OCT 10//WITH GOLD DOWN $33.50 TODAY: BIG CHANGES IN GOLD INVENTORY AT THE GLD: A WITHDRAWAL OF 2.03 TONNES OF GOLD FROM THE GLD////INVENTORY RESTS AT 944.31 TONNES

OCT 7/WITH GOLD DOWN $10.70: NO CHANGES IN GOLD INVENTORY AT THE GLD///INVENTORY RESTS AT 946.34 TONNES

OCT 6/WITH GOLD UP $.70 TODAY: BIG CHANGES IN GOLD INVENTORY AT THE GLD: A DEPOSIT OF 3.45 TONNES INTO THE GLD//INVENTORY RESTS AT 946.34 TONNES

OCT 4/WITH GOLD UP $28.65 TODAY: HUGE CHANGES IN GOLD INVENTORY AT THE GLD: A DEPOSIT OF 3.19 TONNES INTO THE GLD//INVENTORY RESTS AT 942.89 TONNES

OCT 3.WITH GOLD UP $29.30 TODAY: BIG CHANGES IN GOLD INVENTORY AT THE GLD AND A BIG SURPRISE: A WITHDRAWAL OF 1.45 TONNES FROM THE GLD////INVENTORY RESTS AT 939.70 TONNES

GLD INVENTORY: 910.12  TONNES

Now the SLV Inventory/( vehicle is a fraud as there is no physical metal behind them

NOV 19

NOV 14/WITH SILVER UP 41 CENTS TODAY; NO CHANGES IN SILVER INVENTORY AT THE SLV//INVENTORY RESTS AT 471.923 MILLION OZ//

NOV 11/WITH SILVER DOWN 2 CENTS TODAY: SMALL CHANGES IN SILVER INVENTORY AT THE SLV: A WITHDRAWAL OF 553,000 OZ FROM THE SLV///INVENTORY RESTS AT 471.923 MILLION OZ//

NOV 10/WITH SILVER UP 39 CENTS TODAY: SMALL CHANGES IN SILVER INVENTORY AT THE SLV; A DEPOSIT OF 368,000 OZ INTO THE SLV///INVENTORY RESTS AT 472.476 MILLION OZ//

NOV 9/WITH SILVER DOWN 10 CENTS: BIG CHANGES IN SILVER INVENTORY AT THE SLV/; A WITHDRAWAL OF 3.821 MILLION OZ FROM THE SLV//INVENTORY RESTS AT 472.108 MILLION OZ//

NOV 8/WITH SILVER UP 48 CENTS TODAY: BIG CHANGES IN SILVER INVENTORY AT THE SLV: A WITHDRAWAL OF 1.751 MILLION OZ FROM THE SLV///INVENTORY RESTS AT 475.929 MILLION OZ//

NOV 7/WITH SILVER UP 12 CENTS TODAY; NO CHANGES IN SILVER INVENTORY AT THE SLV//INVENTORY RESTS AT 477.678 MILLION OZ//

NOV 4/WITH SILVER UP $1.31 TODAY: BIG CHANGES IN SILVER INVENTORY AT THE SLV: A WITHDRAWAL OF 4.972 MILLION OZ FROM THE SLV//INVENTORY RESTS AT 477.678 MILLION OZ//

NOV 3.WITH SILVER DOWN 16 CENTS TODAY: SMALL CHANGES IN SILVER INVENTORY AT THE SLV: A WITHDRAWAL OF 566,000 OZ FROM THE SLV////INVENTORY RESTS AT 482.650 MILLION OZ//

NOV 2/WITH SILVER DOWN 9 CENTS TODAY: SMALL CHANGES IN SILVER INVENTORY AT THE SLV: A WITHDRAWAL OF 92,000 OZ FROM THE SLV////INVENTORY RESTS AT 483.216 MILLION OZ//

NOV 1/WITH SILVER UP 53 CENTS TODAY:SMALL CHANGES IN SILVER INVENTORY AT THE SLV: A WITHDRAWAL OF 415,000 OZ FORM THE SLV////INVENTORY RESTS AT 483.308 MILLION OZ

OCT 31: WITH SILVER FLAT: SMALL CHANGES IN SILVER INVENTORY AT THE SLV: A WITHDRAWAL OF .644 MILLION OZ FROM THE SLV/INVENTORY RESTS AT 483.723 MILLION OZ//

OCT 28/WITH SILVER DOWN 35 CENTS TODAY: SMALL CHANGES IN SILVER INVENTORY AT THE SLV: A DEPOSIT OF 276,000 OZ INTO THE SLV////INVENTORY RESTS AT 484.367 MILLION OZ//

OCT 27/WITH SILVER UP 3 CENTS TODAY: HUGE CHANGES IN SILVER INVENTORY AT THE S: A WITHDRAWAL OF 2.579 MILLION OZ FROMTHE SLV/////INVENTORY RESTS AT 484.091 MILLION OZ//

OCT 26/WITH SILVER UP 11 CENTS TODAY: BIG CHANGES IN SILVER INVENTORY AT THE SLV: A WITHDRAWAL OF 1.013 MILLION OZ FROM THE SLV///INVENTORY RESTS AT 486.670 MILLION OZ./.

OCT 25/WITH SILVER UP 17 CENTS TODAY: BIG CHANGES IN SILVER INVENTORY AT THE SLV: A DEPOSIT OF 2.083 MILLION OZ INTO THE SLV//INVENTORY RESTS AT 487.683 MILLION OZ/

OCT 24/WITH SILVER UP 6 CENTS TODAY: SMALL CHANGES IN SILVER INVENTORY AT THE SLV: A WITHDRAWAL OF .553 MILLION OZ FROM THE SLV////INVENTORY RESTS AT 485.610 MILLION OZ//

OCT 21/WITH SILVER UP 43 CENTS: SMALL CHANGES IN SILVER INVENTORY AT THE SLV: A DEPOSIT OF .46 MILLION OZ INTO THE SLV///INVENTORY RESTS AT 486.163MILLION OZ//

OCT 20/WITH SILVER UP 33 CENTS: BIG CHANGES IN SILVER INVENTORY AT THE SLV: A WITHDRAWAL OF .921 MILLION OZ FROM THE SLV///INVENTORY RESTS AT 485.703 MILLION OZ//

OCT 19/WITH SILVER DOWN 27 CENTS: BIG CHANGES IN SILVER INVENTORY AT THE SLV: A WITHDRAWAL OF 1.105 MILLION OZ FROM THE SLV////INVENTORY RESTS AT 486.624 MILLION OZ///

OCT 18/WITH SILVER DOWN 5 CENTS:BIG CHANGES IN SILVER INVENTORY AT THE SLV: A DEPOSIT OF 1.658 MILLION OZ INTO THE SLV////INVENTORY RESTS AT 487.729 MILLION OZ///

OCT 17/WITH SILVER UP 53 CENTS TODAY: BIG CHANGES IN SILVER INVENTORY AT THE SLV: A DEPOSIT OF 1.151 MILLION OZ INTO THE SLV////INVENTORY REST AT 486.071 MILLION OZ//

OCT 14/WITH SILVER DOWN 77 CENTS TODAY: BIG CHANGES IN SILVER INVENTORY AT THE SLV: A DEPOSIT OF 2.211 MILLION OZ INTO THE SLV//INVENTORY RESTS AT 484.920 MILLION OZ//

OCT 13/WITH SILVER DOWN 2 CENTS TODAY: BIG CHANGE IN SILVER INVENTORY AT THE SLV: A DEPOSIT OF 4.513 MILLION OZ INTO THE SLV//INVENTORY RESTS AT 482.709 MILLION OZ//

Oct 12/WITH SILVER DOWN 18 CENTS TODAY: NO CHANGES IN SILVER INVENTORY AT THE SLV//INVENTORY RESTS AT 478.196 MILLION OZ

OCT 11/WITH SILVER DOWN 11 CENTS TODAY: HUGE CHANGES IN SILVER INVENTORY AT THE SLV: A DEPOSIT OF 5.066 MILLION OZ INTO THE SLV///INVENTORY RESTS AT 478.196 MILLION OZ

OCT 10//WITH SILVER DOWN 65 CENTS TODAY:  NO CHANGES IN SILVER INVENTORY AT THE SLV//INVENTORY RESTS AT 473.130 MILLION OZ/

OCT 7/WITH SILVER DOWN 37 CENTS TODAY: BIG CHANGES IN SILVER INVENTORY AT THE SLV: A WITHDRAWAL OF 2.447 MILLION OZ FROM THE SLV///INVENTORY RESTS AT 473.130 MILLION OZ/

OCT 6/WITH SILVER UP 11 CENTS TODAY: BIG CHANGES IN SILVER INVENTORY AT THE SLV/INVENTORY: A WITHDRAWAL OF 5.3 MILLION OZ FROM THE SLV//INVENTORY RESTS AT 475.617  MILLION OZ//

OCT 4WITH SILVER UP $.51 TODAY: NO CHANGES IN SILVER INVENTORY AT THE SLV//INVENTORY RESTS AT 480.917 MILLION OZ

OCT 3/WITH SILVER UP $1.46 : NO CHANGES IN SILVER INVENTORY AT THE SLV//INVENTORY RESTS AT 480.917 MILLION OZ//

CLOSING INVENTORY 471.923 MILLION OZ//

PHYSICAL GOLD/SILVER STORIES

1:Peter Schiff  .

end

2 Lawrie Williams//Pam and Russ Martens/Jim Rickards/Mathew Piepenburg/Von Greyerz//Rickards:

14 Nov 2022

3. Chris Powell of GATA provides to us very important physical commentaries//

end

4.  OTHER PHYSICAL SILVER/GOLD COMMENTARIES

5. Commodity commentaries//

6/CRYPTOCURRENCIES/BITCOIN ETC

FTX on Steroids: Is “Tether” the Biden World’s Crypto BCCI?

Robert Hryniak3:30 AM (18 hours ago)
to

All anyone had to do is look under hood. And understand how trading and settlements work to ensure completion.
It was all scam from the day it was started as a Democratic washing machine.
Sadly, many innocent people will get hurt.

YOUR EARLY MORNING GOLD/ SILVER PRICING/CURRENCY PRICING/INTEREST RATES//MONDAY MORNING 7:30

 

ONSHORE YUAN: CLOSED DOWN 7.1151

OFFSHORE YUAN: 7.1257

SHANGHAI CLOSED DOWN 18.19 PTS OR  0.58%

HANG SANG CLOSED DOWN 53.12 OR 0.29% 

2. Nikkei closed DOWN 30.80  PTS OR 0.11%

3. Europe stocks   SO FAR:  ALL GREEN

USA dollar INDEX UP TO  106.36 Euro RISES TO 1.0382

3b Japan 10 YR bond yield: RISES TO. +.242!!!(Japan buying 100% of bond issuance)/Japanese yen vs usa cross now at 140.28/JAPANESE YEN COLLAPSING AS WELL AS LONG TERM YIELDS RISING BREAKING THE JAPANESE CENTRAL BANK.

3c Nikkei now  ABOVE 17,000

3d USA/Yen rate now well ABOVE the important 120 barrier this morning

3e Gold DOWN /JAPANESE Yen DOWN CHINESE YUAN:   UP-//  OFF- SHORE: UP

3f Japan is to buy the equivalent of 108 billion uSA dollars worth of bond per month or $1.3 trillion. Japan’s GDP equals 5 trillion usa./“HELICOPTER MONEY” OFF THE TABLE FOR NOW /REVERSE OPERATION TWIST ON THE BONDS: PURCHASE OF LONG BONDS AND SELLING THE SHORT END

Japan to buy 100% of all new Japanese debt and by 2018 they will have 25% of all Japanese debt. EIGHTY percent of Japanese budget financed with debt.

3g Oil DOWN for WTI and DOWN FOR Brent this morning

3h European bond buying continues to push yields lower on all fronts in the EMU. German 10yr bund DOWN TO +2.0755%***/Italian 10 Yr bond yield FALLS to 3.908%*** /SPAIN 10 YR BOND YIELD FALLS TO 3.084…** DANGEROUS//

3i Greek 10 year bond yield FALLS TO 4.312//

3j Gold at $1764.00//silver at: 21.23  7 am est) SILVER NEXT RESISTANCE LEVEL AT $30.00

3k USA vs Russian rouble;// Russian rouble UP 0  AND 19/100        roubles/dollar; ROUBLE AT 60.34//

3m oil into the 82 dollar handle for WTI and  945 handle for Brent/

3n Higher foreign deposits out of China sees huge risk of outflows and a currency depreciation. This can spell financial disaster for the rest of the world/

JAPAN ON JAN 29.2016 INITIATES NIRP. THIS MORNING THEY SIGNAL THEY MAY END NIRP. TODAY THE USA/YEN TRADES TO 139.99 DESTROYING JAPANESE CITIZENS WITH HIGHER FOOD INFLATION

30 SNB (Swiss National Bank) still intervening again in the markets driving down the FRANC. It is not working: USA/SF this 0.9514– as the Swiss Franc is still rising against most currencies. Euro vs SF 0.9867well above the floor set by the Swiss Finance Minister. Thomas Jordan, chief of the Swiss National Bank continues to purchase euros trying to lower value of the Swiss Franc.

USA 10 YR BOND YIELD: 3.810% UP 4 BASIS PTS…GETTING DANGEROUS

USA 30 YR BOND YIELD: 3.908% UP 2 BASIS PTS//

USA DOLLAR VS TURKISH LIRA: 18,62…

GREAT BRITAIN/10 YEAR YIELD: 3.2974%

end

Overnight:  Newsquawk and Zero hedge:

 FIRST, ZEROHEDGE (PRE USA OPENING// MORNING

end

AND NOW NEWSQUAWK (EUROPE/REPORT)

i)MONDAY MORNING// SUNDAY  NIGHT

SHANGHAI CLOSED DOWN 18,19 PTS OR 0.58%   //Hang Sang CLOSED DOWN 53,12 OR  0.29%    /The Nikkei closed DOWN 30.80 OR 0.11%          //Australia’s all ordinaries CLOSED UP  0.21%   /Chinese yuan (ONSHORE) closed DOWN TO 7.1151//OFFSHORE CHINESE YUAN DOWN 7.1257//    /Oil DOWN TO 82.31 dollars per barrel for WTI and BRENT AT 95.14    / Stocks in Europe OPENED ALL GREEN.        ONSHORE YUAN TRADING ABOVE LEVEL OF OFFSHORE YUAN/ONSHORE YUAN  TRADING STRONGER AGAINST US DOLLAR/OFFSHORE STRONGER

2 a./NORTH KOREA/ SOUTH KOREA/

///NORTH KOREA/SOUTH KOREA/

end

2B JAPAN

JAPAN

END

3c CHINA

CHINA/ECONOMY

end

CHINA/COVID

end

4.EUROPEAN AFFAIRS//UK AFFAIRS//

 

UK

end

GERMANY

German Election Ruled Invalid and Must Happen Again Due to Problems Similar to Arizona’s Election

Robert Hryniak12:30 AM (7 hours ago)
to

Seems honest elections are hard to come by

end

Flemish Government Preparing To Cancel World Economic Forum Membership: “We Are a Sovereign Nation” – News Punch

Inbox

Robert Hryniak3:26 AM (4 hours ago)
to

Klaus will not be happy.

end

end

5.RUSSIA AND MIDDLE EASTERN AFFAIRS

Kiev/UKRAINE

Ukraine

Robert Hryniak3:12 AM (4 hours ago)
to

Russia gave the Ukies an ultimatum.. negotiate a peace agreement or face a real assault on energy supply. The Ukraine response was to tell Ukrainians to be prepared to leave the Ukraine before winter sets in, in December.
They are insane. In Kherson the Ukies are forcing civilians to enter into the military with no training to fight .. electricity has been turned off in places like Odessa where riots are breaking out .. this will spread
A very sad saga and many Ukrainians will surely die needlessly for no gain as they are scarification for other enablers

end

UKRAINE//RUSSIA/MALAYSIA AIRLINE

\IRAN/

END

6. GLOBAL ISSUES//COVID ISSUES//VACCINE ISSUES.

Vaccine//Covid issues: Injuries

GLOBAL ISSUES:  FOOD INFLATION//SHORTAGES IN GENERAL

Goodbye G20, hello BRICS

Robert HryniakNov 18, 2022, 5:20 PM (17 hours ago)
to

While irrelevant, aging and unfit for duty politicians prance for ego boosting photo shoots the world is moving on without a care for irrelevance as issues of the basics of social building blocks like food and energy dominate sincere desires of national aspirations. In this wake are left nations where prosperity and standards or living are falling in real time. With stalwart nations like Britain seeing a forecast 7% fall in living standards due to budget and spending cuts. They are but one example of a nation being forced to experience social decline. A decline that many nations and households are unprepared for as the past was based on growing incomes as opposed to contracting ones. This belt tightening comes when governments have excessively borrowed money to pay for lockdowns and closures that comes with a great cost in the face of what will be economic declines. 

Compare this with the following: Russia and China switch to paying for energy supplies in national currencies

Russia and China are switching to settlements in national currencies for energy deliveries, Russian Deputy Prime Minister Alexander Novak said. 

He added that payments for Russian gas are already made on a parity basis in rubles and yuan. NO USD SETTLEMENTS AND THUS NO NEED FOR SWIFT1 This also affects Western banks who do not have adequate Russian and Chinese capital reserves to offer settlements. 

“We are switching to settlements in national currencies – both in rubles and yuan – for supplied energy resources, including supplies of equipment from China,” Novak said.

Do you see a difference? Both are growing in trade using national currencies in effect eliminating the USD and its’ inherent baggage of thievery by the Federal Reserve and dollar hegemony to history. And they are not isolated as the entirety of the BRICS is moving forward in national currency settlement designs for trade. With an ever growing number of nations desiring BRICS entry as a alternative to past hegemonic control by America, it is clear that the sun is setting on a chapter of American dominance and leadership. This is turn has a much more severe impact on related western nations who are and will suffer greater economic declines faster. This is especially true since America due to its’ past still possess the ability to reinvent itself to project new relevance in a changing world. The same is not true for many other Western  nations who will have not choice but to accept a lower standard of living as their fate is cast by change they cannot control and may well not be a part of. 

This has huge implications not just for daily life but all financial institutions bearing value in a traditional world known but changing to one where past strengths are becoming weaknesses of fact over fiction in empowerment of values and reach. This also has huge implications for trade and job growth and both will be impacted by realigning investments no longer western centric.

While insane ramblings of Klaus of WEF fame wanting Africa to pony up $2.8 trillion is an example of a ideology past its’ prime. It is sure to cause real resentment in all African nations sending them packing into the  eager open arms of what is referred to as the “Global South”. 

Should we ignore what is happening, we will do so at our own peril. 

VACCINE IMPACT 

DR PAUL ALEXANDER

RSV: the plot thickens as to the link between COVID gene injections and RSV: “Skewed Fate and Hematopoiesis of CD34+ HSPCs in Umbilical Cord Blood Amid the COVID-19 Pandemic” (Estep) & “Respiratory

syncytial virus in hematopoietic cell transplant recipients and patients with hematologic malignancies” (Khawaja); 3 studies that shed light with exploding RSV; did we screw our kids with COVID jabs?

DR. PAUL ALEXANDERNOV 21
 
SAVE▷  LISTEN
 

Are the COVID-19 mRNA gene injections (vaccines) the reason why we are seeing this explosion of RSV across the US and Canada? Was it the lockdowns and school closures that weakened and dampened a normally functional immune system in children? Is it the masks? I say all of these caused this, and this substack focuses on the impact of the COVID gene injection vaccine.

Is the COVID gene injection crippling the immune system? Are we witnessing antibody-dependent enhancement of infection (ADEI) and antibody-dependent enhancement of disease (ADED) due to the sub-optimal COVID vaccine induced vaccinal antibodies (Abs) that are not fully matured and at its maximal ‘affinity’ binding capacity, as such driving enhanced infection with RSV? Are COVID vaccinated infants and children at heightened risk of infection with RSV than unvaccinated children?

end

Fired Alberta Health Services board member Tony Dagnone rages against Premier Danielle Smith because she dares fire him & his corrupted misfit malfeasants who partook in needless deaths of Albertans

Dagone made ad hominin smears of me after he got his ‘Dear John’ pink slip; he is a piece of garbage for that, saying I promoted medical quackery; Not Kenney? Not the doctors who killed Albertans?

DR. PAUL ALEXANDERNOV 19
 
SAVE▷  LISTEN
 

Tony Dagnone understands today that the gig is up with Smith, she is the real deal, and she came to clean house and fix what Kenney did and get justice and accountability for the thousands of Albertans, of our parents, our grandparents and children that the likes of Dagone and crooked corrupted inept politicized medical doctors in Alberta killed.

Before you Tony, begin reading, do not forget to subscribe to my substack (it is free too) and here is an example of my writing (and my book, it is released now, ‘Presidential Takedown’ on Amazon):

Open in app or online

Australian alert to medical doctors with regards to myocarditis and pericarditis after COVID-19 vaccinations, 19th October, 2022; the Australian medical community as insane as it has been on pushing

the vaccine seem to recognize something is very very wrong; tip my hat that they are warning their medical community

DR. PAUL ALEXANDERNOV 19
 
SAVE▷  LISTEN
 

Enlarged:

VACCINE INJURY/

MICHAEL EVERY/RABOBANK

Michael Every on the day’s most important events:

END

7.OIL ISSUES/USA AND THE WORLD/NATURAL GAS/DIESEL ETC

How Blackrock’s Larry Fink Created the Global Energy Crisis

A must read!!!!!!
Robert Hryniak
Sat, Nov 19, 12:17 AM (1 day ago)
to

One does not have to look too far to understand who to blame and how agendas have been highjacked. Even such things as the recent Pension Plan fiasco in Britain that required in effect a bailout from the Bank of England rests at Blackrock’s feet.
The real question is when will people wake up to the reality?

http://williamengdahl.com/gr15November2022.php

end

8 EMERGING MARKET& AUSTRALIA ISSUES & OTHER EMERGING NATIONS

Your early  currency/gold and silver pricing/Asian and European bourse movements/ and interest rate settings MONDAY morning 7:30 AM

Euro/USA 1.0382 UP    0.0021 /EUROPE BOURSES // ALL GREEN

USA/ YEN 139.99  DOWN  0.434/NOW TARGETS INTEREST RATE AT .25% AS IT WILL BUY UNLIMITED BONDS TO GETS TO THAT LEVEL…//YEN TOTALLY COLLAPSES//

GBP/USA 1.1921 UP   0.0064

 Last night Shanghai COMPOSITE CLOSED DOWN 18.19 PTS OR 0.58% 

 Hang Sang CLOSED DOWN 53.12 POINTS OR  0.29% 

AUSTRALIA CLOSED UP 0.21%    // EUROPEAN BOURSE: ALL GREEN

Trading from Europe and ASIA

I) EUROPEAN BOURSES  ALL GREEN

2/ CHINESE BOURSES / :Hang SANG CLOSED DOWN 53,12 PTS OR 0.29%

/SHANGHAI CLOSED DOWN 18.19 PTS OR 0.58%

AUSTRALIA BOURSE CLOSED UP  0.21% 

(Nikkei (Japan) CLOSED DOWN 30.18 OR  0.11%

INDIA’S SENSEX  IN THE GREEN

Gold very early morning trading: 1764.20

silver:$21.21

USA dollar index early MONDAY morning: 106.36 DOWN.23 POINTS from FRIDAY’s close.

 MONDAY  MORNING NUMBERS ENDS

xxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxx

And now your closing MONDAY NUMBERS 1: 00 PM

Portuguese 10 year bond yield: 2.94% DOWN 20  in basis point(s) yield

JAPANESE BOND YIELD: +0.243% UP 0 AND 3710   BASIS POINTS /JAPAN losing control of its yield curve/

SPANISH 10 YR BOND YIELD: 3.03%// DOWN 17 in basis points yield 

ITALIAN 10 YR BOND YIELD 3.888 UP 13   points in basis points yield ./ THE ECB IS QE ITALIAN BONDS (BUYING ITALIAN BONDS/SELLING GERMAN BUNDS)

GERMAN 10 YR BOND YIELD: FALLS TO +2.017%  DOWN 13 BASIS PTS 

END

IMPORTANT CURRENCY CLOSES FOR MONDAY  

Closing currency crosses for day /USA DOLLAR INDEX/USA 10 YR BOND YIELD/1:00 PM

Euro/USA 1.0319 DOWN   .0042  or 42 basis points//

USA/Japan: 140.371 DOWN 0.55 OR YEN UP 55 basis points/

Great Britain/USA 1.1882 UP .0025 OR  25 BASIS POINTS //

Canadian dollar  DOWN .0052 OR 52 BASIS pts  to 1.3295

xxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxx

The USA/Yuan,  CNY: closed    ON SHORE  (CLOSED ..UP) AT 7.1198

THE USA/YUAN OFFSHORE:    (YUAN CLOSED (UP)…. 7.1240

TURKISH LIRA:  18.62  EXTREMELY DANGEROUS LEVEL/DEATH WISH/HYPERINFLATION TO BEGIN.

the 10 yr Japanese bond yield  at +0.243

Your closing 10 yr US bond yield UP 4 IN basis points from FRIDAY at  3.825% //trading well ABOVE the resistance level of 2.27-2.32%) very problematic

 USA 30 yr bond yield   3.925  UP 4  in basis points 

Your closing USA dollar index, 106.89 UP .50 PTS   ON THE DAY/1.00 PM/

Your closing bourses for Europe and the Dow along with the USA dollar index closing and interest rates  MONDAY: 12:00 PM

London: CLOSED UP 38.98 PTS OR  0.53%

German Dax :  CLOSED UP 165.48 POINTS OR 1.16%

Paris CAC CLOSED UP 68.34 PTS OR 1.04% 

Spain IBEX CLOSED UP 87.10 OR  1.08%

Italian MIB: CLOSED UP 335.51 PTS OR  1.38%

WTI Oil price 80.23 12: EST

Brent Oil:  87,83  12:00 EST

USA /RUSSIAN ///   DOWN TO:  60.540/ ROUBLE UP 0  AND 13/100       RUBLES/DOLLAR

GERMAN 10 YR BOND YIELD; +2.017

UK 10 YR YIELD: 3.2670

CLOSING NUMBERS: 4 PM

Euro vs USA: 1.0243  DOWN .0079    OR  79 BASIS POINTS

British Pound: 1.1818 DOWN   .0047  or  47basis pts

BRITISH 10 YR GILT BOND YIELD:  3.228% 

USA dollar vs Japanese Yen: 142.09    UP 1.831/YEN DOWN 183BASIS PTS//

USA dollar vs Canadian dollar: 1.3450 UP 0.01016 (CDN dollar, DOWN  102 basis pts)

West Texas intermediate oil: 79.74

Brent OIL:  87.19

USA 10 yr bond yield UP 42BASIS pts to 3.832%

USA 30 yr bond yield UP 2 BASIS PTS to 3.906%

USA dollar index:107,74 UP 391POINTS

USA DOLLAR VS TURKISH LIRA: 18.62

USA DOLLAR VS RUSSIA//// ROUBLE:  60.85 DOWN 0 AND  41/100 ROUBLES 

DOW JONES INDUSTRIAL AVERAGE: DOWN 45.41 PTS OR 0.13% 

NASDAQ 100 DOWN 123.57 PTS OR 1.06%

VOLATILITY INDEX: 22.41DOWN 0.71PTS (3.07)%

GLD: $161.88 DOWN 0.89 OR 1.58%

SLV/ $19.250DOWN $0.05 OR 0.20%

end)

USA trading day in Graph Form

USA ELECTION RESULTS:

EARLY MORNING TRADING

ii) USA DATA

END

III) USA ECONOMIC STORIES.

House Republicans Introduce Resolution To Audit Ukraine Aid

SATURDAY, NOV 19, 2022 – 12:00 AM

Authored by Dave DeCamp via AntiWar.com,

A group of House Republicans introduced a bill Thursday to audit the funds that Congress has approved to spend on the war in Ukraine. The effort is being led by Rep. Marjorie Taylor Greene (R-GA) and supported by a group of Republicans that have been critical of US aid to Ukraine. The resolution’s cosponsors include Reps. Thomas Massie (KY), Matt Gaetz (FL), Barry Moore (AL), Andrew Clyde (GA), and Cory Mills, a representative-elect from Florida.

According to The Hill, Greene introduced the bill as a privileged resolution, meaning it will be sent to the relevant committee, which will have 14 business days to either reject the legislation or approve it for a vote on the House floor.Getty Images

If the bill is not discussed by the committee within 14 days, Greene has the option to force a House vote. Greene said she’s prepared to reintroduce the bill in the next Congress when Republicans have a majority in the House.

“I’ll introduce this resolution again, but I’ll also be calling for a full audit. We voted ‘no’ to send money over there, but we’re also going to audit what’s happening in Ukraine,” Greene said.

While most Republicans still support spending on the war in Ukraine, many have come out in favor of increasing oversight of the aid. House Minority Leader Kevin McCarthy (R-CA), who is set to be the speaker in the next Congress, has said a Republican-controlled House wouldn’t send a “blank check” to Ukraine.

McCarthy later downplayed his comments and said the lack of oversight was the issue, and other Republican leaders insisted they would keep arming Ukraine. But McCarthy’s comments were still enough to prompt a push to approve a massive new Ukraine aid package before the next Congress is sworn in, and the White House has asked for $37.7 billion.

If the new aid package is approved, it will bring total US spending on a proxy war on Russia’s border to about $105 billion. If it’s spent at the rate of other aid packages, the White House will likely be looking for more come spring.

SWAMP STORIES

NBC: Body Cam Footage Shows Paul Pelosi Opened Door For Police Before Alleged Attack

SUNDAY, NOV 20, 2022 – 03:00 AM

The official narrative on the Paul Pelosi attack purported by Democrats and the mainstream media makes zero sense.  You don’t have to be a “conspiracy theorist” to recognize there were multiple contradictory accounts from the Department of Justice vs. local police and even some reports from journalists.

In fact, NBC suspended one of its own correspondents, Miguel Almaguer, after he reported that on the night of the supposed attack at the Pelosi home in San Francisco that Paul Pelosi actually opened the door when police knocked, seemingly in normal health, and then walked away from the officers to talk to the alleged assailant David Depape, when Depape attacked him.  This report led many to suggest that Pelosi and Depape somehow knew each other. 

A media firestorm ensued along with denials from the DOJ, which detailed a completely different version of events in which the police officers opened the door themselves and found Pelosi struggling with Depape who had injured him with a hammer.  NBC dropped Almaguer after many called his report “bizarre.” 

As it turns out, Miguel Almaguer was right.  NBC now reports that police body cam footage has been made available to some media outlets and the footage clearly shows Paul Pelosi opening the door for police in seemingly perfect health.  This contradicts the DOJ report on the attack and suggests a potential cover-up. 

NBC is forced to retract their earlier assertions that the Paul Pelosi open door event was unfounded.  Why?  Because they have to.  Eventually the police body cam footage will make it out into the public sphere for everyone to see, and NBC is front-running their own false reports.  However, they do suggest that “it doesn’t really matter” who opened the door to the Pelosi home, and that Paul Pelosi’s actions don’t support the “conspiracy theories” surrounding the attack.

If that is the case, then why would the DOJ lie?  Surely, they have seen the same body cam footage.  If there is no conspiracy, then why is there an attempted coverup?  

NBC has never had a problem editorializing news stories in the past and presenting biased opinions as evidence, yet suddenly now they pretend as if they have journalistic integrity?  It is incumbent upon journalists to present what they think are the facts to the general public, but they are also required to investigate potential false accounts and false information in order to separate truth from lies.  In the case of the attack on Paul Pelosi, NBC and other outlets clearly do not want to dig deeper. 

Now that the midterm elections are over it would appear that the “MAGA attacker” story no longer serves any purpose.  The Democrats conjured their own conspiracy theory first – The claim that right-wing “extremists” are a threat to “democracy” and that the Pelosi attack proves it.  There is no evidence to support this claim.  There is, though, evidence to support the theory that Pelosi was familiar with Depape and his behavior indicates familiarity. 

No person under threat of being beaten with a hammer by a home intruder is going to move closer to the violent stranger instead of running towards the police.  This does not happen, it’s nonsense.

What is likely to take place as this case develops?  A media blackout on the story, much like we have witnessed with multiple cases in the past few years that make the political left look bad (the Waukesha massacre by BLM suppporter Darrell Brooks comes to mind).  Details will probably emerge which further contradict the official narrative but they will be buried and ignored.  The leftists will continue to label any suspicions as “conspiracy” as they hope and pray the general public completely forgets and moves on to other distractions.  

end 

Sam Bankman-Fried’s Law Firm Drops Him As A Client Amid Ongoing Bankruptcy Revelations

SUNDAY, NOV 20, 2022 – 01:00 AM

With post-mortem after post-mortem after FTX port-mortem piling up, even as the questions surrounding the world’s biggest crypto fraud and bankruptcy pile up at an even faster pace amid a breathless demand for answers – like where did all that $8 billion really go – on Saturday we learned that as part of the firm’s shambolic bankruptcy process, FTX won’t even disclose its top creditors and has asked the bankruptcy judge to keep the company’s list of creditors (which previously was said to be larger than one million) under confidential seal.

So amid the mounting confusion, on Saturday FTX Trading unveiled that it had started a “strategic review of their global assets to begin to maximize recoverable value for stakeholders“, as part of what promises to be a very lengthy bankruptcy process (which will quickly become a Chapter 7 unless someone reveals where that $8 billion stolen by SBF has been parked), and has hired Perella Weinberg Partners LP to help with the potential sale of any viable units.

“Based on our review over the past week, we are pleased to learn that many regulated or licensed subsidiaries of FTX, within and outside of the US, have solvent balance sheets, responsible management and valuable franchises,” FTX Group’s new CEO, Enron liquidation veteran John J. Ray III said in a statement on Saturday.

Among those with the largest identified financial positions are FTX EU Ltd., at $49.4 million in total cash available, and West Realm Shires Services — which encompasses the FTX.US crypto exchange as well as some acquisitions — at $48.1 million, a filing in Delaware on Saturday showed. FTX Ventures, which launched a $2 billion fund in January, had less than $800,000 in available cash, it said.

In the filing, FTX said that the positions were calculated based on verifiable available books and records for the businesses. More than half of identified bank accounts have yet to have their balances verified and other accounts may exist, given the group’s “historical cash management failures and the deficiency of documentation controls.”

Separately, the bankrupt FTX companies, known as FTX Debtors, have engaged Perella Weinberg as lead investment bank and started preparing some assets for sale or reorganization, according to the statement.

Ray further commented, “I have instructed the team at the FTX Debtors to prioritize the preservation of franchise value as best we can in these difficult circumstances. I respectfully ask all of our employees, vendors, customers, regulators and government stakeholders to be patient with us as we put in place the arrangements that corporate governance failures at FTX prevented us from putting in place prior to filing our chapter 11 cases.”

Also on Saturday, the FTX Debtors filed various motions with the Bankruptcy Court “seeking interim relief from the Court that, if granted, would allow the operation of a new global cash management system and the ordinary course payment critical vendors and vendors at foreign subsidiaries,” it said. The first official bankruptcy court hearing has been scheduled for Nov. 22, at 11:00 a.m. before Judge T. Dorsey at the United States Bankruptcy Court for the District of Delaware, 824 North Market Street, 5th Floor, Courtroom No. 5, Wilmington, Delaware

Ray, who oversaw the liquidation of Enron Corp., said earlier this week in a sworn declaration that he’d never seen “such a complete failure of corporate controls and such a complete absence of trustworthy financial information.” He called the chaos around the collapse “unprecedented.”

And speaking of unprecedented, just days after FTX’s lawyers accused Bankman-Fried of undermining the bankruptcy case in their First Day Affidavit…

… Paul, Weiss, the law firm hired by SBF, effectively fired him as a client, citing a conflict of interest.

“We informed Mr. Bankman-Fried several days ago, after the filing of the FTX bankruptcy, that conflicts have arisen that precluded us from representing him” Paul Weiss counsel Martin Flumenbaum said in a statement, although he declined to describe the conflicts.

While unclear what the catalyst was, starting on Nov. 14, SBF published a series of self-incriminating tweets that sparked a frenzy across Crypto Twitter, which would have made his defense extremely difficult for any law firm. In a conversation with the ultra-liberal outlet Vox – which sold SBF out after writing fawning praise about the prominent Democrat donor for months – and which was published this week, Bankman-Fried blamed FTX’s collapse in part on “messy accounting,” expressed regret at his decision to file for bankruptcy and denigrated U.S. regulators in profane terms. He later said he did not intend for the conversation to be made public.

Flumenbaum is a longtime litigator whose past clients include the junk-bond trader Michael Milken and AIG. He currently represents Christian Larsen, the chairman of the Ripple Labs crypto exchange. However SBF proved to be too much of a liability for someone defending such iconic criminals as Mike Milken. Then again, Paul Weiss quitting is not all that much of a shock amid growing speculation that the increasingly erratic SBF – who was convinced his millions in donations to the Democratic party would render him immune from legal challenges – would be indefensible in court.

“There’s this old saying that a lawyer who represents himself has a fool for a client. The reverse is also true. An individual who is the subject of an investigation and tries to defend themselves in the court of public opinion has a fool for a lawyer,” said Justin Danilewitz, a white-collar defense lawyer at law firm Saul Ewing Arnstein & Lehr.

According to media report, Bankman-Fried is now represented by Greg Joseph, former president of the American College of Trial Lawyers. Also on his legal team as an advisor is David W. Mills, who teaches criminal law at Stanford Law School, where Bankman-Fried’s parents are both professors.

Of course, all this legal wrangling may be for nothing: after all, SBF still hasn’t been accused of a crime, and it may just be that with the bribes he paid to prominent Democrats, ultimately helping Biden get elected…Source: Vox

… that the 30-year-old will be able to avoid seeing the inside of a courtroom entirely.

KING REPORT

he King Report November 21, 2022 Issue 6891Independent View of the News
 Japan’s inflation hits 40-year high as BOJ sticks to easy policy
Japan CPI +3.6% yr/yr vs forecast +3.5%, highest since 1982  https://t.co/97Hrf7CYuw
 
China’s Money Markets Ease as PBOC Acts to Avoid Liquidity ShockInjection of short-term cash this week is most since OctoberPBOC would refrain from sizable monetary easing: Guosheng Sec.The overnight interbank funding cost is poised for its biggest weekly drop in six weeks, while yields on the one-year government bond fell by the most since August. The People’s Bank of China added short-term liquidity for a second day on Friday…
https://www.yahoo.com/now/china-eases-cash-injections-government-013833288.html
 
US Existing Home Sales sank 5.9% m/m in October (-6.6% consensus), a record 9th straight monthly decline (data to 1999).  Sales fell to 4.43m, the slowest rate since May 2020.  Sales tumbled 28% y/y, the largest y/y decline since February 2008.  However, the median selling price was +6.65% y/y to $379,100.  Single-family home sales declined 6.4% m/m; condos sales fell 2%.
https://twitter.com/charliebilello/status/1593624329731850248
 
The LEI declined 0.8% for October; -0.4% was expected.  An interest rate spread of 0.11 was the largest negative contributor.  The coincident LEI rose 0.2%; the lagging LEI increased 0.1% (+0.8% in Sept).
 
Boston Fed Pres Collins Says Fed Has More to Do, Undecided on Rate-Hike Size
“We are starting to see some promising signs,” although there is still no “clear, consistent evidence that the overall inflation rate is coming down at this point…There’s more we need to do…”
  “Historically, 50 was viewed as a large increase and we’re in a range where most people” see the Fed as in “tightening” territory, she said.  “But 75 still is on the table, I think it’s important to say as well.”
   “I expect this will require additional increases in the federal funds rate, followed by a period of holding rates at a sufficiently restrictive level for some time.”…
 
Grindr rallied as much as 500+% on Friday, hitting 71.51 at 11:03 ET.  The Fed will have to hike rates much higher to quell the rabid speculation that it fomented over the past few decades.
 
WSJ: Grindr Shares Soar After SPAC Merger
Shares of Grindr Inc. surged more than 400% to nearly $60 in morning trading after the LGBTQ-focused social network and dating app completed its merger with special-purpose acquisition company Tiga Acquisition Corp. The stock began trading under the ticker GRND on the New York Stock Exchange…
https://www.wsj.com/livecoverage/stock-market-news-today-11-18-2022/card/grindr-shares-soar-after-spac-merger-un5OzXrAFPGeCvaOwjcz
 
Newly public Grindr stock soars 450% following merger with SPAC Tiga
Shares of Grindr opened at $16.90, recently changing hands at $63.71 at around 11:00 a.m. ET.  Tiga shares closed at $11.63 on Thursday, the last trading session before the merger closed…
https://seekingalpha.com/news/3909700-newly-public-grindr-stock-soars-following-merger-with-spac-tiga
 
ESZs traded flat with small gains during early Asian trading.  They declined modestly during late Asian trading.  ESZs hit a low of 3943.50 at 3:16 ET.  They then commenced an expiry-related rally.
 
ESZs hit a daily high of 3994.00 at 9:10 ET.  They then methodically declined until hitting a daily low of 3942.50 at 12:22 ET.  After a moderate rally that ended at 13:31 ET.  ESZs and stocks went inert as traders waited for impact players to move the market.  When the final hour arrived, someone juiced ESZs.  At the time, SPY November 395 call volume was over 300k; 396 call volume was 290k; 240k 397 calls traded.  SPY November 395 put volume was 295k; 394 puts 290k; 393 puts 230k.  SPY was 395.
 
SPY hit 397.01 at 15:50 ET.  It sank to 395.17 at 15:54 ET.  The rush to liquidate ended the rally.  With 3 minutes remaining in trading, someone juiced ESZs.  SPY closed at 396.06 – a successful manipulation!
 
@KeithMcCullough: Good news for US Equity market manipulators: SEC has hands full with Crypto fraud, for now
 
Positive aspects of previous session
Expiry-related manipulation pushed most equity indices higher
Commodities declined on recession angst
 
Negative aspects of previous session
Bonds and Fangs declined
 
Ambiguous aspects of previous session
Commodities sank – hawkish Fed remarks and/or approaching recession?
 
First Hour/Last Hour Action [S&P 500 Index]: 1st Hour from NYSE open: Down; Last Hour: Up
 
Pivot Point for S&P 500 Index [above/below indicates daily trend to traders]: 3960.45
Previous session High/Low3979.89; 3935.98
 
@HansMahn You see, it’s all just a big misunderstanding.
 
@zerohedge: So @SBF_FTXstole $300MM in equity cash out and then another $3.3BN via related party receivables from Alameda (Paper Bird Inc is 100% owned by SBF), which was funded by FTX clients.  So far that’s $3.6 billion.  https://twitter.com/zerohedge/status/1593710088631554053
 
SEC Chair and Hillary Campaign CFO Gary Gensler Taught at MIT with Father of FTX Girlfriend Caroline Ellison – Gave FTX Favorable Status  https://www.thegatewaypundit.com/2022/11/weird-sec-chair-hillary-campaign-cfo-gary-gensler-taught-mit-father-ftx-girlfriend-caroline-ellison-gave-ftx-favorable-status/
 
@realouMAGAgirl: Disgraced FTX Founder Donated to Six RINOs Who Voted to Impeach Trump
@SenBillCassidy R-LA, @SenatorCollins R-ME, @lisamurkowski R-AK, @BenSasse R-NE, @SenatorRomney R-UT. @SenatorBurr R-NC https://t.co/sYQByKibJf
 
Why hasn’t Sam Bankman-Fried already been forced back to the US for FTX fiasco, critics wonder: ‘Lock him up’ https://t.co/sOWK1jYUgx
 
Elon Musk mocks Senate Democrats for calling for FTC to investigate Twitter
https://nypost.com/2022/11/18/elon-musk-mocks-senate-democrats-for-calling-for-ftc-to-investigate-twitter/
 
Michael Bloomberg apologizes for Boris Johnson speech criticizing China https://t.co/5R5PEDWKbC
 
Fed’s Powell to speak on economy on Nov. 30, two days before blackout
The Bookings Institution said Powell will give a talk at the think-tank starting at 1:30 p.m. Eastern. Brookings has become an informal home for former senior Fed officials… Ben Bernanke is a senior fellow at Bookings and Janet Yellen worked there before becoming Treasury Secretary
https://www.morningstar.com/news/marketwatch/20221118511/feds-powell-to-speak-on-economy-on-nov-30-two-days-before-blackout
 
Liberal SF Fed President Mary Daly was the last Fed speaker before the blackout period ahead of the FOMC Meeting on Nov. 1-2.  She sparked a huge equity rally when she asserted, “I think the time is now to start talking about stepping down – the time is now to start planning for stepping down” on rate hikes.  Powell went hawkish after the FOMC Communique release to reverse the Daly-induced equity rally.
 
Nakaso, a contender to lead BOJ, urges removal of emergency support
“This moral hazard must be removed once the crisis is over, though this is easier said than done because it’s a contradictory issue,” Nakaso said in a seminar hosted by the University of Tokyo and International Monetary Fund. “Crisis management is like creating … artificial moral hazard,” he said. “It shouldn’t stay forever.”  https://www.reuters.com/markets/asia/boj-head-contender-nakaso-urges-removal-emergency-support-steps-2022-11-17/
 
Today – Historically, Thanksgiving Week has seen reversals from the trend into the week.  This pattern works better if stocks have been in decline.  But reversals from uptrends also tend to occur.  Activity this week should be concentrated from Monday through early afternoon on Wednesday.  Then, absenteeism for the long Thanksgiving Weekend will appear.
 
Instead of the usual Sunday night buying, ESZs are -10.00 at 20:05 ET.  Traders caught long from Friday?
 
Expected economic data: Oct Chicago Fed National Activity Index 0.00%
 
S&P 500 Index 50-day MA: 3790; 100-day MA: 3910; 150-day MA: 3951; 200-day MA: 4067
DJIA 50-day MA: 31,183; 100-day MA: 31,695; 150-day MA: 31,901; 200-day MA: 32,501
 
S&P 500 Index – Trender trading model and MACD for key time frames
MonthlyTrender and MACD are negative – a close above 4523.26 triggers a buy signal
WeeklyTrender and MACD are positive – a close below 3631.43 triggers a sell signal
DailyTrender and MACD are positive – a close below 3792.78 triggers a sell signal
Hourly: Trender and MACD are negative – a close above 3975.92 triggers a buy signal
 
Elon Musk: Twitter locks staff out of offices until next week – BBC
Twitter has told employees that the company’s office buildings will be temporarily closed, effective immediately. In a message seen by the BBC, workers were told that the offices would reopen on Monday 21 November…This week Mr Musk told Twitter staff that they had to commit to working long hours and would “need to be extremely hardcore” or leave the company, according to reports… In response to a question about concerns that Twitter was on the brink of shutting down after the message about Twitter’s offices being closed was sent Mr Musk tweeted: “The best people are staying, so I’m not super worried.”… https://www.bbc.com/news/business-63672307
 
After Elon Musk’s ultimatum, Twitter employees start exiting
The departures include many engineers responsible for fixing bugs and preventing service outages, raising questions about the stability of the platform amid the loss of employees… one source familiar with the matter… estimated that the public version of Twitter was at risk of breaking during the night.  “If it does break, there is no one left to fix things in many areas,” the person said, who declined to be named for fear of retribution… https://www.reuters.com/technology/after-elon-musks-ultimatum-twitter-employees-start-exiting-2022-11-18/
 
Due to the above stories, rumors circulated that Twitter would be shutting down.  It was fake news.
 
@elonmusk: And … we just hit another all-time high in Twitter usage lol.  Let that sink in…
 
@tomselliott: (Dem-MA) Sen Markey threatens @elonmusk: “You cannot ignore what the federal government is requiring of your company, and that goes for … guardrails that have to be built around social media … They will pay a price if they don’t put safeguards in place at Twitter”
https://twitter.com/tomselliott/status/1593002173238870017
 
@kylenabecker: The Democrats act like they *owned* Twitter. Maybe they did.
 
Elon Musk triggers liberals with ultimatum to Twitter staff: ‘Taking away their swing set and sandbox’ https://www.foxnews.com/media/elon-musk-triggers-liberals-ultimatum-twitter-staff-taking-away-swingset-sandbox
 
@elonmusk: New Twitter policy is freedom of speech, but not freedom of reach. Negative/hate tweets will be max deboosted & demonetized, so no ads or other revenue to Twitter.  You won’t find the tweet unless you specifically seek it out, which is no different from rest of Internet.
 
Soros, Clinton-Tied Groups Claim Musk’s Twitter Ownership ‘A Direct Threat to Public Safety’
https://newsbusters.org/blogs/business/jeffrey-clark/2022/11/17/soros-clinton-tied-groups-claim-musks-twitter-ownership
 
@redsteeze: “Elon Musk’s dangerous twitter poll on bringing Trump back to Twitter shows why he does not understand the threat to how our Democracy works.” –  @TheAtlantic (You can’t make this up!)
 
@WallStreetSilv: CBS News announced they are not going to tweet because of concerns about the future of Twitter. With supposedly 8.8 million followers, CBS News barely gets any engagement on their tweets. I suspect they bought fake followers to appear larger than they really are.  CBS (allegedly) has 8.8 million followers on Twitter, and almost no engagement on their tweets. The evidence suggestions CBS News paid for bots to make their account appear larger than it really is. This is common for all of the legacy media, low engagement. https://twitter.com/WallStreetSilv/status/1594060518569832448 
 
@Cernovich: Folks who lied about Russia bombing a NATO country and demanding Article 5 be triggered and WWIII begin are ones calling Elon Musk’s decision to reinstate Trump “dangerous.”
 
@SteveKrak: CBS News has paused posting on Twitter over “uncertainty” with the platform due to @elonmusk “out of an abundance of caution”… while they continue posting on TikTok.  Because it’s about perception, not reality.
 
@unusual_whales: FBI Director Christopher Wray said that allowing TikTok to continue operating in the United States could pose a threat to national security.
 
@JonathanTurley: CBS suspends Twitter use over the “uncertainty” of censorship policies…Free speech is certainly a scary thought for those who have counted on being protected from opposing views… Of course, there were no qualms or suspensions when Twitter was killing postings before the election on Hunter Biden’s laptop or censoring dissenting views on Covid, climate change etc…
    The move is part of a campaign to pressure Musk to restore censorship by pressuring advertisers and suspending accountshttps://jonathanturley.org/2022/11/17/clinton-linked-dark-money-group-targets-advertisers-to-stop-musk-from-restoring-free-speech-protections/  Others like Hillary Clinton have called for foreign governments to curtail the free speech of Americans…
     (Clinton lacky Robert) Reich called restoring free speech a “brave new nightmare” and compared Musk to Putin in pursuing “the dream of every dictator, strongman, demagogue and modern-day robber baron on Earth.” In other words, freedom is tyranny.  So, freedom is tyranny and free speech means oppression: ““Doublethink means the power of holding two contradictory beliefs in one’s mind simultaneously and accepting both of them.” Orwell, 1984.
 
After a day and a half of ridicule, CBS stated on Sunday that it will rejoin Twitter, and “monitor the situation.” https://twitter.com/CBSNewsPress/status/1594338983785291777?s=02
 
@bonchieredstate: The old Twitter regime literally allowing child porn wasn’t enough to upset the journos. But Trump being reinstated has them jumping off cliffs.
 
Remember a threat to Democrats or liberals is a threat to democracy – Newspeak ala 1984.
 
It is crystal clear that libs & their cohorts feel gravely threatened by media they don’t control.
 
@TheBabylonBee: Twitter Workers Worried Elon Musk Will Turn Their Free Speech Platform into Platform That Allows Free Speech
 
Trump’s Fate in Justice Department Probes Headed for Special Counsel
Attorney General Merrick Garland names Jack Smith as special counsel to oversee probes into handling of documents at Mar-a-Lago and efforts to overturn 2020 election results…
    The appointment comes three days after Mr. Trump announced another bid for the presidency and would mark the naming of the third independent prosecutor in five years to examine issues involving Mr. Trump A special-counsel appointment won’t entirely eliminate the appearance of a conflict, as Mr. Garland and other senior Justice Department officials are still likely to be involved in some decision-making related to the probe..
https://www.wsj.com/articles/garland-to-name-special-counsel-to-determine-whether-trump-should-face-charges-11668796152
 
@ChadPergram: AG Garland appoints Jack Smith to serve as Special Counsel, “to conduct the ongoing investigation into whether any person or entity violated the law in connection with efforts to interfere with the lawful transfer of power following the 2020 presidential election or the certification of the Electoral College vote held on or about January 6, 2021, as well as any matters that arose or might arise directly from this investigation.”
 
@HansMahn>https://t.co/O4S7YsRGas
 
@mrddmia: In 2010, Obama Attorney General Eric Holder picked Jack Smith to run Public Integrity Section. Smith took out VA Gov. Bob McDonnell as a potential Repub presidential candidate–on bogus corruption charges. Supreme Court reversed, 8-0 (Scalia died). Now Smith is back–to take out Trump.
 
@ClimateAudit: I guess this means that J6 Committee will transfer all their files to Smith, thus keeping them, including all the withheld video footage, out of reach of incoming Congress.  The very long transition periods give a LOT of time for losing Dems to create mischief and sabotage.
 
Rep. Marjorie Taylor Greene @RepMTG: Holman Rule. Look it up! @GOPLeader is going to put it in place. That means no money for Garland’s politically weaponized Special Counsel. Don’t promise too many jobs! Whoops defunded.
 
DHS monitored ‘social media reactions’ to Roe, collected legally protected speech, bulletin shows
The Department of Homeland Security monitored “social media reactions” and “reflections” related to the Supreme Court decision that overturned Roe v. Wade, according to a DHS bulletin obtained by Yahoo News. This alarmed current and former DHS officials and civil liberties advocates, who said the agency appears to have collected speech that is protected by the First Amendment… (Biden’s Stasi!)
https://news.yahoo.com/dhs-monitored-social-media-reactions-to-roe-collected-legally-protected-speech-bulletin-shows-001254616.html
 
@WSJ: Democrat Adam Frisch conceded to GOP Rep. Lauren Boebert after an unexpectedly tight race for a Colorado House seat. The AP has yet to make a call. (Why is the MSM slow to call for the GOP?)
 
Arizona Poll Watcher Reveals 200 More Ballots Than Voters That Came into Election Location
https://beckernews.com/shock-video-arizona-poll-watcher-reveals-200-more-ballots-than-voters-that-came-into-election-location-47744/
 
Arizona AG opens inquiry into Maricopa County election irregularities, possible legal violations
Election integrity unit demands evidence, full report before midterm results certified.
https://justthenews.com/politics-policy/elections/arizona-ag-opens-inquiry-maricopa-county-election-irregularities-possible
 
@RichardGrenell: Democrats in Maricopa County are curing ballots after the deadline – and claiming they called the voter BEFORE the deadline and the voter just got back to them. This is illegal.  We will file another suit to count only legal votes. We followed the rules, they didn’t.
 
@StephenM: If voting disaster in Maricopa was inverted—if pro-MAGA election officials were unable to count mailed Dem ballots—armed FBI agents would be on scene in minutes, nets would carry primetime Biden speech on Democracy’s end, media would be in 24/7 meltdown. Biggest story in country.
 
Ex-DJT advisor @StephenM: Everyone must understand + internalize this. Ballot harvesting means elections are no longer about persuasion. It’s a 4–6-week window to bank the most ballots from the least motivated. To gain enough power to end this abomination you must first beat the Dems at the game.
 
@charliekirk11: I miss politics where the better arguments and the hardest working candidates won elected office. Now it’s a matter of which political machine can capture the most ballots in a 30-day window. So be it, we will now have to beat the left at the game.
    Three months ago, the DOJ strategically leaked suggestions the Mar-a-Lago raid was about sensitive nuclear secrets. Now, WaPo admits it’s basically just a spat over memorabilia. It’s not a coincidence that someone waited until after the midterms to reveal this.
 
GOP learning to love mail-in ballots, curing, legal harvesting as it seeks to level playing field
Kirk tweeted: “The House of Representatives is GOP-controlled thanks to how we performed in states with the most liberal ballot harvesting and vote by mail laws — New York, Oregon, California. We can master this system. Democrats are praying that we refuse to try.”…
https://justthenews.com/politics-policy/elections/new-gop-strategy-use-mail-ballots-curing-ballot-harvesting-where-legal
 
Italy’s new firebrand PM launches blistering diatribe saying immigration from Africa would STOP if countries like France halted exploitation of continent’s valuable resourcesItaly’s far-right Prime Minister Giorgia Meloni has called out France and its policy over its former territory Burkina FasoMeloni suggested France operated a policy which saw it taking a huge slice of the money made from gold found in its mines worked by childrenDuring a live TV broadcast, she held up a photo of a child working in a gold mineMore than 70,000 migrants have arrived on Italy’s shores this yearMeloni is now taking a hardline stance on immigration which saw a ship full of migrants turned away from the port of Rome only to later dock in Francehttps://www.dailymail.co.uk/news/article-11448161/Italian-PM-Giorgia-Meloni-slams-France-forcing-Burkina-Faso-hand-50-imports.html
 
Turley: What Elephant? AP Denies that There is Any Evidence That Joe Biden Discussed Hunter’s Business Dealings – I previously discussed how the Bidens have succeeded in a Houdini-like trick in making this elephant of a scandal disappear from the public stage. They did so by enlisting the media in the illusion. However, this level of audience participation in the trick truly defies belief…
    President Biden’s denials continued even after an audiotape surfaced showing President Biden leaving a message for Hunter specifically discussing coverage of those dealings… But who are you going to believe, the media or your own ears Some of us have written for two years that Biden’s denial of knowledge is patently false. It was equally evident that the Biden family was selling influence and access.
   Reporters have to insist that there was nothing to see, or they have to admit to being part of the original deception. The media cannot see the elephant without the public seeing something about the media in its past efforts to conceal it.
   The media is now so heavily invested in the trick that they are sticking with the illusion even after “the reveal.” The Associated Press story shows that even pointing at the elephant — heck, even riding the elephant around the stage — will not dislodge these denials. This is no elephant because there cannot be an elephant. Poof!    https://jonathanturley.org/2022/11/20/what-elephant-associated-press-falsely-denies-that-there-is-any-evidence-that-joe-biden-discussed-hunters-business-dealings/
 
New York Times mocked for report on Biden’s age: He ‘has a lot going in his favor’ for being 80 years old – He is highly educated, has plenty of social interaction, a stimulating job that requires a lot of thinking, is married and has a strong family network…”
https://www.foxnews.com/media/new-york-times-mocked-report-bidens-age-lot-going-favor-being-80-years-old


 

GREG HUNTER REPORT/INTERVIEWING JAMES RICKARDS

https://usawatchdog.com/unstoppable-crash-worse-than-2008-coming-james-rickards/Unstoppable Crash Worse than 2008 Coming – James Rickards

By Greg Hunter On November 19, 2022 In Market Analysis40 Comments

By Greg Hunter’s USAWatchdog.com (Saturday Night Post)

Six-time, best-selling financial author James Rickards says the upcoming book “Sold Out” lays out the case why a huge crash is already a certainty sometime in 2023.  In a nutshell, broken supply chains have already caused big inflation, and the Fed is raising rates to tamp it back down.  On top of the perfect storm of inflation and prolonged supply problems, we have the recent meltdown of the FTX crypto currency exchange.  Rickards says, “It is definitely going to cause sequential collapses in the crypto world, but will it jump the fence into the broader financial world?  My expectation is it will, but it can take six months or more to play out. . . . We probably have an acute global financial crisis coming anyway.  If FTX never existed, I would say we are staring at a worse financial crisis than 2008.  Throw FTX on top of that, and it’s like throwing gasoline on a fire.  It will accelerate the fire.  So, we’re probably going to have problems anyway, but the FTX implosion just makes it worse.”

As far as the dwindling supply chains, Rickards says, “The old supply chain has collapsed.  A new supply chain will emerge, and I talk about that in my book and what it will look like.  Right now, we are in a very messy middle period where things don’t work well.  It’s like a vase.  You knock over a vase, and it breaks into 5,000 pieces.  You can’t put it back together.  You’ve got to go get a new vase.  We broke the vase, and we are shopping for a new one.  We are not there yet.  We are just cleaning up the mess. . . . Russia invades Ukraine.  The Ukrainian plastic conduit factory shuts down, and all of a sudden, the BMW production lines are shut down because they cannot get a part.  Again, this is another example of how this is all falling apart, and it’s not going to be put back together quickly.  There will be a new supply chain, and I call it supply chain 2.0, but we are in that in between time, and it’s going to be just a mess.”

Rickards says the Fed is going to keep raising rates because that is what they keep telling the public.  Rickards says, “They are telling us what they are going to do, and you should believe them.”

Rickards says we do have inflation, and it’s going to be with us for awhile, but we are also going to get deflation too.  Rickards points out, “Why does Warren Buffett and Brookshire Hathaway have $130 billion in cash?  Buffett is one of the greatest investors of all time.  Why isn’t he out there buying stocks?  Again, why does he have $130 billion in cash?  It’s because Buffett sees what I see.  Yes, this thing is going to completely crash.  It’s a really good idea to have cash because you can go shopping in the wreckage and pick up some bargains.  My point is, we don’t have to guess.  Look at the Treasury yield curve.  Look at the euro/dollar futures yield curve.  Look at other metrics, and guess what it looks like?  It looks like 2007.  Everything I am describing, but not quite as extreme by the way, was true in 2007. . . . These euro/dollar futures were behaving then exactly as they are now.  Except now, the inversion is even worse, which means we are in for a worse crisis than 2008.  It’s coming.  Everything I said has nothing to do with FTX.  Throw FTX on top, and as I said, you are throwing gasoline on a fire.”

After the inflation, Rickards says count on big deflation.  He will explain exactly how that happens in the 58-minute interview.

Join Greg Hunter of USAWatchdog.com as he goes One-on-One with six-time, best-selling author James Rickards.  Rickards’ new book “Sold Out” will be coming out in early December.

(https://usawatchdog.com/unstoppable-crash-worse-than-2008-coming-james-rickards/

After the Interview: 

If you want to pre-order a copy of “Sold Out,” click here.

To follow Rickards on Twitter@jamesgrickards, click here.

This segment is sponsored by Discount Gold and Silver Trading. Ask for Melody Cedarstrom, the owner, at 1-800-375-4188.Just a little note telling you that I am going to take a 3 week break

from writing my blogs, starting on the 16th of November.. I will write some of the major events but it will not be in detail

i am a little burnt out so i am taking a rest. Just a little note telling you that I am going to take a 3 week break

from writing my blogs, starting on the 17th of November.. I will write some of the major events but it will not be in detail

i am a little burnt out so i am taking a rest. 

SEE YOU SOON

Advertisement

One comment

  1. […] by Harvey Organ, Harvey Organ Blog: […]

    Like

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 )

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: