Shanghai Gold Benchmark Price

USD oz AM2038.21

PM2039.46

Historical SGE Fix

SHANGHAI GOLD PREMIUM OVER NY: 27 DOLLARS

Bitcoin morning price:, 37,182 UP 377 DOLLARS

Bitcoin: afternoon price: $38,215 UP 1410. dollars

Platinum price closing $944.70 UP $24.95

Palladium price; $1057.75 DOWN $2.25

END

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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: $2,742.53 UP $16.23 CDN dollars per oz( * NEW ALL TIME HIGH 2,782.61//OCT 272023)

*BRITISH GOLD: 1595.25 UP 7.56 pounds per oz// *(NEW ALL TIME HIGH//CLOSING///1655.17) OCT 2/2023

*EURO GOLD: 1838,812 UP 9.25 euros per oz //* (NEW *ALL TIME HIGH/CLOSING//1898.24)//high.* OCT 27.2023

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EXCHANGE: COMEX

EXCHANGE: COMEX
CONTRACT: NOVEMBER 2023 COMEX 100 GOLD FUTURES
SETTLEMENT: 2,011.800000000 USD
INTENT DATE: 11/27/2023 DELIVERY DATE: 11/29/2023
FIRM ORG FIRM NAME ISSUED STOPPED

624 H BOFA SECURITIES 149
657 C MORGAN STANLEY 2
661 C JP MORGAN 150
726 C CUNNINGHAM COM 1
732 C RBC CAP MARKETS 2
737 C ADVANTAGE 1 3

TOTAL: 154 154
MONTH TO DATE: 5,896

JPMorgan stopped 0/154 contracts.

FOR NOV.:

GOLD: NUMBER OF NOTICES FILED FOR NOV/2023. CONTRACT: 154 NOTICES FOR 15,400 OZ or 0.4790 TONNES

total notices so far: 5896 contracts for 589,600 oz (18.339 tonnes)

FOR NOV:

SILVER NOTICES 10 NOTICE(S) FILED FOR 50,000 OZ/

total number of notices filed so far this month : 904 for 4,520,000 oz

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END

BOTH GLD AND SLV ARE FRAUDULENT VEHICLES

GLD

WITH GOLD UP $16.45//

INVESTORS SWITCHING TO SPROTT PHYSICAL (PHYS) INSTEAD OF THE FRAUDULENT GLD/ : / NO CHANGES IN GOLD INVENTORY AT THE GLD:

INVENTORY RESTS AT 882.28 TONNES

SLV//

WITH NO SILVER AROUND AND SILVER UP 64 CENTS AT THE SLV// NO CHANGES IN SILVER INVENTORY AT THE SLV:

INVESTORS ARE SWITCHING SLV TO SPROTT’S PSLV.

CLOSING INVENTORY: 440.173 MILLION OZ

Let us have a look at the data for today

SILVER//OUTLINE

SILVER COMEX OI ROSE BY A HUGE SIZED 1248 CONTRACTS TO 139,751 AND CLOSER TO THE RECORD HIGH OI OF 244,710, SET FEB 25/2020 AND THIS HUGE SIZED GAIN IN COMEX OI WAS ACCOMPLISHED WITH OUR $0.35 GAIN IN SILVER PRICING AT THE COMEX ON MONDAY. WE HAD A MAJOR SPEC SHORT COVERING EPISODE IN MONDAY’S COMEX TRADING.. TAS ISSUANCE WAS A MEGA GIGANTIC SIZED 1025 CONTRACTS. THESE WILL BE USED FOR MANIPULATION LATER THIS MONTH/AS WELL AS TODAY.

CRAIG HEMKE HAS POINTED OUT THAT THE CROOKS USE THE MID MONTH FOR MANIPULATION AS THEY SELL THEIR BUY SIDE OF THE CALENDAR SPREAD FIRST AND THEN KEEP THE SELL SIDE TO LIQUIDATE AT A LATER DATE. THUS WE HAVE TWO VEHICLES THE CROOKS USE FOR MANIPULATION AND BOTH ARE SPREADERS: 1) AT MONTH’S END/SPREADERS COMEX AND 2/ TAS SPREADERS, MID MONTH. TOTAL TAS ISSUED ON FRIDAY NIGHT: 1025 CONTRACTS. DESPITE MANY COMPLAINTS THAT THE CROOKS HAVE VIOLATED POSITION LIMITS DUE TO THE FACT THAT THE TAS ISSUED HAVE A VALUE OF ZERO (AS TO POSITION LIMITS FOR OUR CROOKED BANKERS). THE PROBLEM OF COURSE IS THAT THE CROOKS DO NOT LIQUIDATE THE TAS TOGETHER BUT SELL THE BUY SIDE FIRST AND THEN LIQUIDATE THE SELL SIDE TWO MONTHS HENCE. IT IS OBVIOUS MANIPULATION TO THE HIGHEST DEGREE BUT IT NATURALLY FELL ON DEAF EARS WITH OUR REGULATORS (OCC) WHEN THEY RECEIVED OUR COMPLAINTS. IT THUS LOOKS LIKE THE FED (GOV’T) IS BEHIND ALL OF THESE TRADES.

WE HAVE NOW SET ANOTHER RECORD LOW AT 114,102 CONTRACTS ///JULY 3.2023// OUR BANKERS WITH THE HELP OF SPECULATORS AND HIGH FREQUENCY TRADERS WERE UNSUCCESSFUL IN KNOCKING THE PRICE OF SILVER DOWN (IT ROSE BY $0.35). AND WERE UNSUCCESSFUL IN KNOCKING ANY SILVER LONGS AS WE HAD A HUMONGOUS SIZED GAIN OF 2663 OI CONTRACTS ON OUR TWO EXCHANGES AS THE SPEC SHORTS TRIED AGAIN DESPERATELY TO COVER THEIR SHORTFALLS WITH ZERO SUCCESS AS THEY ARE CONTINUALLY BEING SENT TO THE SLAUGHTERHOUSE

WE MUST HAVE HAD:

A GIGANTIC SIZED 1415 ISSUANCE OF EXCHANGE FOR PHYSICALS) iiii) AN INITIAL SILVER STANDING FOR COMEX SILVER MEASURING AT 1.430 MILLION OZ (FIRST DAY NOTICE) FOLLOWED BY TODAY’S 10,000 OZ E.F.P. JUMP TO LONDON +0 EXCHANGE FOR RISK ISSUANCE FOR 0 MILLION OZ//NEW EXCHANGE FOR RISK 1.245 MILLION

//NEW STANDING FOR SILVER IS THUS 4.525 MILLION OZ + 1.245 (EX. FOR RISK) = 5.770 MILLION OZ.

//HUGE SIZED COMEX OI GAIN/ HUGE SIZED EFP ISSUANCE/VI) MEGA GIGANTIC SIZED NUMBER OF T.A.S. CONTRACT ISSUANCE 1025 CONTRACTS)/

I AM NOW RECORDING THE DIFFERENTIAL IN OI FROM PRELIMINARY TO FINAL – REMOVED A HUGE 1466 CONTRACTS (the cme will no longer provide preliminary no to be except through a paywall)

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 19 days, total 8569 contracts: OR 42.845 MILLION OZ (451 CONTRACTS PER DAY)

TOTAL EFP’S FOR THE MONTH SO FAR: 42.845 MILLION OZ

LAST 23 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

YEAR 2022:

JAN 2022-DEC 2022

JAN 2022// 90.460 MILLION OZ

FEB 2022: 72.39 MILLION OZ//

MARCH 2022: 207.140 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: 134.290 MILLION OZ//FINAL

DEC, 61.395 MILLION OZ FINAL

TOTALS YR 2022: 1135.767 MILLION OZ (1.1356 BILLION OZ)

JAN 2023/// 53.070 MILLION OZ //FINAL

FEB: 2023: 100.105 MILLION OZ/FINAL//MUCH STRONGER ISSUANCE VS THE LATTER TWO MONTHS.

MARCH 2023: 112.58 MILLION OZ//FINAL//STRONG ISSUANCE

APRIL 118.035 MILLION OZ(SLIGHTLY GREATER THAN THAN LAST MONTH)

MAY 66.120 MILLION OZ/INITIAL (MUCH SMALLER THIS MONTH)

JUNE: 110.395 MILLION OZ//MUCH LARGER THAN LAST MONTH

JULY 85.745 MILLION OZ (SMALLER THAN LAST MONTH)

AUGUST: 171.43 MILLION OZ (THIS MONTH IS GOING TO BE HUGE //2ND HIGHEST ON RECORD

SEPT: 72.705 MILLION OZ (SMALLER THIS MONTH)

OCT: 97.455 MILLION OZ

NOV. 42.845 MILLION OZ (GOING TO BE QUITE SMALL THIS MONTH)

RESULT: WE HAD A HUGE SIZED INCREASE IN COMEX OI SILVER COMEX CONTRACTS OF 1248 CONTRACTS WITH OUR GAIN IN PRICE OF $0.35 IN SILVER PRICING AT THE COMEX//MONDAY.,. THE CME NOTIFIED US THAT WE HAD A HUGE EFP ISSUANCE CONTRACTS: 1415 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 SMALL INITIAL SILVER OZ STANDING FOR NOV. OF 1.432 MILLION OZ FOLLOWED BY TODAY’S 10,000 OZ E.F.P. JUMP TO LONDON

NEW STANDING 4.525 OZ + 1.245 MILLION OZ EXCHANGE FOR RISK: NEW TOTAL 5.770 MILLION OZ/// /// WE HAVE A HUMONGOUS SIZED GAIN OF 4,129 OI CONTRACTS ON THE TWO EXCHANGES. THE TOTAL OF TAS INITIATED CONTRACTS TODAY: A MEGA GIGANTIC SIZED 1025 CONTRACTS//SOME FRONT END OF THE TAS CONTRACTS WERE LIQUIDATED DURING THE FRIDAY COMEX SESSION. THE NEW TAS ISSUANCE MONDAY NIGHT A HUGE (1025) WILL BE PUT INTO “THE BANK” TO BE COLLUSIVELY USED AT A LATER DATE., .

WE HAD 10 NOTICE(S) FILED TODAY FOR 50,000 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 3110 CONTRACTS TO 496,470 AND FURTHER FROM THE RECORD (SET JAN 24/2020) AT 799733 AND PREVIOUS TO THAT: (SET JAN 6/2020) AT 797,110.

THE DIFFERENTIAL FROM PRELIMINARY OI TO FINAL OI IN GOLD TODAY: – REMOVED 801 CONTRACTS

WE HAD A FAIR SIZED DECREASE IN COMEX OI ( 3110 CONTRACTS) DESPITE OUR $11.20 GAIN IN PRICE//MONDAY. WE ALSO HAD A RATHER STRONG INITIAL STANDING IN GOLD TONNAGE FOR NOV. AT 4.3514 TONNES ON FIRST DAY NOTICE FOLLOWED BY TODAY’S 14,700 OZ QUEUE JUMP + TODAY’S 0 CONTRACT ISSUANCE OF EXCHANGE FOR RISK// TOTAL EX. FOR RISK: 16.2505 TONNES/ // TOTAL GOLD STANDING FOR NOV: 18.339 TONNES + 16.2505 TONNES (EX. FOR RISK) = 34.589 TONNES // ALL OF..THIS HAPPENED WITH OUR $11.20 GAIN IN PRICE WITH RESPECT TO MONDAY’S TRADING.WE HAD A SMALL SIZED GAIN OF 282 OI CONTRACTS (.8771) PAPER TONNES) ON OUR TWO EXCHANGES.

E.F.P. ISSUANCE

THE CME RELEASED THE DATA FOR EFP ISSUANCE AND IT TOTALED A FAIR SIZED 3392 CONTRACTS:

The NEW COMEX OI FOR THE GOLD COMPLEX RESTS AT 496,470

IN ESSENCE WE HAVE A SMALL SIZED INCREASE IN TOTAL CONTRACTS ON THE TWO EXCHANGES OF 282 CONTRACTS WITH 3110 CONTRACTS DECREASED AT THE COMEX// AND A FAIR SIZED 3392 EFP OI CONTRACTS WHICH NAVIGATED OVER TO LONDON. THUS TOTAL OI GAIN ON THE TWO EXCHANGES OF 282 CONTRACTS OR 0.8771 TONNES. WE HAD 0 CONTRACT EXCHANGE FOR RISK FOR 0 TONNES. WE HAD THE FOLLOWING TAS CONTRACTS INITIATED (ISSUED): A STRONG 2318 CONTRACTS.

CALCULATIONS ON GAIN/LOSS ON OUR TWO EXCHANGES

WE HAD A FAIR SIZED ISSUANCE IN EXCHANGE FOR PHYSICALS (3392 CONTRACTS) ACCOMPANYING THE FAIR SIZED LOSS IN COMEX OI (3110) //TOTAL GAIN FOR OUR THE TWO EXCHANGES: 282 CONTRACTS. WE HAVE ( 1) NOW RETURNED TO OUR FORMER FORMAT OF BANKERS GOING LONG AND SPECULATORS GOING SHORT ,2.) FAIR INITIAL STANDING AT THE GOLD COMEX FOR NOV. AT 4.3514 TONNES FOLLOWED BY TODAY’S 14,700 OZ QUEUE JUMP : NEW STANDING 18.339 TONNES + 16.2505 TONNES EXCHANGE /THUS NEW TOTAL FOR GOLD STANDING: 34.5895 TONNES // /// 3) ZERO LONG LIQUIDATION AND HUGE TAS LIQUIDATION AND WE HAD ATTEMPTED SPEC SHORT COVERINGS DURING THE COMEX SESSION AS THE SPECS ARE CONTINUALLY USHERED INTO THE SLAUGHTERHOUSE //4) FAIR SIZED COMEX OPEN INTEREST LOSS/ 5) FAIR ISSUANCE OF EXCHANGE FOR PHYSICAL PAPER///6: STRONG T.A.S. ISSUANCE: 1025 CONTRACTS

HISTORICAL ACCUMULATION OF EXCHANGE FOR PHYSICALS IN 2023 INCLUDING TODAY

NOV

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

TOTAL EFP CONTRACTS ISSUED: 64,717 CONTRACTS OR 6,471,700 OZ OR 201.297 TONNES IN 19 TRADING DAY(S) AND THUS AVERAGING: 3406 EFP CONTRACTS PER TRADING DAY

TO GIVE YOU AN IDEA AS TO THE SIZE OF THESE EFP TRANSFERS : THIS MONTH IN 19 TRADING DAY(S) IN TONNES 201.297 TONNES

TOTAL ANNUAL GOLD PRODUCTION, 2022, THROUGHOUT THE WORLD EX CHINA EX RUSSIA: 3555 TONNES

THUS EFP TRANSFERS REPRESENTS 201.297/3550 x 100% TONNES 5.66% OF GLOBAL ANNUAL PRODUCTION

ACCUMULATION OF GOLD EFP’S YEAR 2021 TO 2023

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//

TOTALS: 2,578.08 TONNES/2021

JAN:2022 247.25 TONNES //FINAL

FEB: 196.04 TONNES//FINAL

MARCH/2022: 409.30 TONNES //FINAL( 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. 223.98 TONNES//FINAL ( MUCH LARGER THAN PREVIOUS MONTHS//comex running out of physical)

DEC: 185.59 tonnes // FINAL

TOTAL: 2,847,25 TONNES/2022

JAN 2023: 228.49 TONNES FINAL//HUGE AMOUNT OF EFP’S ISSUED THIS MONTH!!

FEB: 151.61 TONNES/FINAL

MARCH: 280.09 TONNES/INITIAL (ANOTHER STRONG MONTH FOR EFP ISSUANCE)

APRIL: 197.42 TONNES

MAY: 236.67 TONNES (A VERY STRONG ISSUANCE FOR THIS MONTH)

JUNE: 172.667 TONNES (WEAKER ISSUANCE THIS MONTH)

JULY: 151.69 TONNES (WEAKER THAN LAST MONTH)

AUGUST: 195.28 TONNES (A STRONGER MONTH)//FINAL

SEPT: 254.709 TONNES (WILL BE LARGER THAN LAST MONTH AND A STRONG MONTH)

OCT. 248.09 TONNES. LIKE SILVER, THIS MONTH IS GOING TO BE A STRONG E.F.P. ISSUANCE.

NOV. 201.297 TONNES//WILL BE STRONG THIS MONTH,

SPREADING OPERATIONS

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

SPREADING LIQUIDATION HAS NOW COMMENCED AS WE HEAD TOWARDS THE NEW ACTIVE FRONT MONTH OF SEPT. WE ARE NOW INTO THE SPREADING OPERATION OF GOLD

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 MAY HEADING TOWARDS THE ACTIVE DELIVERY MONTH OF JUNE., FOR BOTH GOLD:

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 (SEPT), 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.

The crooks also use the spread in the TAS account (trade at settlement). They buy the spot TAS (e.g. June) and sell the future TAS two months out (e.g. August). Then they unload the front month (i.e. unload the buy side first so the price of gold/silver falls. This occurs in the middle of the front delivery month cycle. They unload the sell side of the equation, two months down the road. The crooks violate position limits as the OCC refuse to hear our complaints.

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 GIGANTIC SIZED 1248 CONTRACTS OI TO 139,751 AND CLOSER TO 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. HOWEVER WE HAVE NOW SET A NEW RECORD LOW OF 114,102 CONTRACTS JULY 3.2023

EFP ISSUANCE 1415 CONTRACTS

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

DEC 1415 and ALL OTHER MONTHS: ZERO. TOTAL EFP ISSUANCE: 1415 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 2714 CONTRACTS AND ADD TO THE 1415 OI TRANSFERRED TO LONDON THROUGH EFP’S,

WE OBTAIN A MEGA GIGANTIC SIZED GAIN OF OPEN INTEREST CONTRACTS FROM OUR TWO EXCHANGES OF 2663 CONTRACTS

THUS IN OUNCES, THE GAIN ON THE TWO EXCHANGES TOTAL 13.315 MILLION OZ

OCCURRED WITH OUR $0.35 GAIN IN PRICE …..

END

OUTLINE FOR TODAY’S COMMENTARY

1a/COMEX GOLD AND SILVER REPORT

(report Harvey)

b, ) Gold/silver trading overnight Europe,//GOLD COMMENTARIES

(Peter Schiff)

c) Commentaries from: Egon von Greyerz///Matthew Piepenburg via GoldSwitzerland.com, Pam and Russ Martens

ii a) Chris Powell of GATA provides to us very important physical commentaries

b. Other gold/silver commentaries

c. Commodity commentaries//

d)/CRYPTOCURRENCIES/BITCOIN ETC

2.ASIAN AFFAIRS//

TUESDAY MORNING/MONDAY NIGHT

SHANGHAI CLOSED UP 6.85 PTS OR 0.23% //Hang Seng CLOSED DOWN 170.92 PTS OR 0.98% /The Nikkei CLOSED DOWN 39.28 PTS OR 0.12% //Australia’s all ordinaries CLOSED UP .42 % /Chinese yuan (ONSHORE) closed DOWN AT 7.1533 /OFFSHORE CHINESE YUAN CLOSED DOWN TO 7.1645 /Oil UP TO 75.51 dollars per barrel for WTI and BRENT DOWN AT 80.75/ Stocks in Europe OPENED MOSTLY RED// ONSHORE YUAN TRADING ABOVE LEVEL OF OFFSHORE YUAN/ONSHORE YUAN TRADING WEAKER AGAINST US DOLLAR/OFFSHORE WEAKER

a)NORTH KOREA/SOUTH KOREA
outline

b) REPORT ON JAPAN/
OUTLINE

3 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
9. USA

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

GOLD

LET US BEGIN:

THE TOTAL COMEX GOLD OPEN INTEREST FELL BY A FAIR SIZED 3110 CONTRACTS TO 496,470 DESPITE OUR STRONG GAIN IN PRICE OF $11.20 WITH RESPECT TO MONDAY TRADING. WE MUST HAVE HAD SOME SPEC SHORT COVERING.

EXCHANGE FOR PHYSICAL ISSUANCE

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

THAT IS 3392 EFP CONTRACTS WERE ISSUED: : DEC 3392 & ZERO FOR ALL OTHER MONTHS:

TOTAL EFP ISSUANCE: 3392 CONTRACTS

ON A NET BASIS IN OPEN INTEREST WE GAINED THE FOLLOWING TODAY ON OUR TWO EXCHANGES: A SMALL SIZED TOTAL OF 282 CONTRACTS IN THAT 3392 LONGS WERE TRANSFERRED AS FORWARDS TO LONDON AND WE HAD A FAIR SIZED LOSS OF 3110 COMEX CONTRACTS..AND THIS GAIN ON OUR TWO EXCHANGES HAPPENED WITH OUR GAIN IN PRICE OF $11.20//MONDAY COMEX. AS PER OUR NEWBIE TRADE AT SETTLEMENT (TAS) MANIPULATION OPERATION (WHICH CRAIG HEMKE HAS POINTED OUT HAPPENS DURING MID MONTH IN THE DELIVERY CYCLE), THE CME REPORTS THAT THE TOTAL T.A.S. ISSUANCE FOR MONDAY NIGHT WAS A FAIR SIZED 3392 CONTRACTS. THROUGHOUT THE PAST SEVERAL WEEKS, THE BANKERS SOLD OFF THE LONG SIDE OF THE SPREAD WHICH OF COURSE CONTINUES TO MANIPULATE THE PRICE OF GOLD SOUTHBOUND. (THEY KEEP THE SHORT SIDE OF THE CALENDAR SPREAD WHICH WILL BE LIQUIDATED TWO MONTHS HENCE)//.

// WE HAVE A STRONG AMOUNT OF GOLD TONNAGE STANDING: NOV (34.111 TONNES ( NON ACTIVE MONTH)

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 27.110 TONNES/FINAL

Dec. 64.000 tonnes

(TOTAL YEAR 656.076 TONNES)

2023:

JAN/2023: 20.559 tonnes

FEB 2023: 47.744 tonnes

MAR: 19.0637 TONNES

APRIL: 75.676 tonnes

MAY: 19.094 TONNES + 1.244 tonnes of exchange for risk = 20.338

JUNE: 64.354 TONNES

JULY: 10.2861 TONNES

AUGUST: 38.855 TONNES(INCLUDING .6842 EXCHANGE FOR RISK)

SEPT: 15.281 TONNES FINAL

OCT. 35.869 TONNES + 1.665 EXCHANGE FOR RISK =37.0355 tonnes

NOV: 18.339 TONNES + 16.2505 EX. FOR RISK = 34.5895 TONNES

THE SPECS/HFT WERE UNSUCCESSFUL IN LOWERING GOLD’S PRICE( IT GAINED $11.20) //// AND WERE UNSUCCESSFUL IN KNOCKING ANY SPECULATOR LONGS AS WE HAD A SMALL SIZED GAIN OF 282 TOTAL CONTRACTS ON OUR TWO EXCHANGES. WE HAD SOME T.A.S. LIQUIDATION ON THE FRONT END OF MONDAY’S TRADING. THE T.A.S. ISSUED ON MONDAY NIGHT, WILL BE “PUT INTO THE BANK” TO BE USED AT A LATER DATE AT THE COLLUSIVE CHOOSING OF OUR BANKERS. WE ALSO EXPERIENCED SOME SPECULATOR SHORT COVERING

WE HAVE GAINED A TOTAL OI OF 0.8771 PAPER TONNES FROM OUR TWO EXCHANGES, ACCOMPANYING OUR INITIAL GOLD TONNAGE STANDING FOR NOV. (4.3514 TONNES) ON FIRST DAY NOTICE FOLLOWED BY TODAY’S HUGE 14,700 OZ QUEUE JUMP //NEW TOTALS STANDING:18,339 TONNES + 0 TONNES exchange for risk today + TOTAL EX. FOR RISK/PRIOR : 16.2505 TONNES/// NEW TOTAL STANDING: 34.5895 TONNES ALL OF THIS WAS ACCOMPLISHED WITH OUR GAIN IN PRICE TO THE TUNE OF $11.20. FOR THE PAST SEVERAL WEEKS, THE SPECULATORS HAVE GONE MASSIVELY SHORT WITH OUR BANKERS NET LONG. THE BIG QUESTION IS NOW HOW MUCH GOLD WILL THE BANKERS PULL FROM OUR SHORT SPECULATORS.

WE HAD REMOVED – 801 CONTRACTS TO THE COMEX TRADES TO OPEN INTEREST (CROOKS)

NET GAINED ON THE TWO EXCHANGES 282 CONTRACTS OR 28,200 OZ OR 0.8771 TONNES.

Estimated gold volume today:// 354,438 very strong//major roll

final gold volumes/yesterday 422,727 very good//major roll

//speculators have left the gold arena

NOV 28

/ /// THE NOV. 2023 GOLD CONTRACT

Gold	Ounces
Withdrawals from Dealers* Inventory in oz*	nil
Withdrawals from Customer* Inventory in oz*	nil .
Deposit to the Dealer* Inventory in oz*	nil
Deposits to the Customer* Inventory, in oz*	nil
No of oz served (contracts) today	154 notice(s) 15,400 OZ 0.4790 TONNES
No of oz to be served (notices)	0 contracts 000 oz 0.000 TONNES
Total monthly oz gold served (contracts) so far this month	5896 notices 589600 oz 18.339 TONNES
Total accumulative withdrawals of gold from the Dealers* inventory this month*	NIL oz
Total accumulative withdrawal of gold from the Customer* inventory this month*	x

0 dealer deposit:

total dealer deposits: 0 oz

customer deposits: 0

total customer deposits: nil oz

we had 0 customer withdrawals

total withdrawals nil

Adjustments; 0

CALCULATIONS FOR THE AMOUNT OF GOLD STANDING FOR NOV.

For the front month of NOVEMBER we have an oi of 154 contracts having GAINED 99 contracts. We had 48 contracts filed on MONDAY, so we GAINED 147 contracts or an additional 14,700 oz will stand for delivery at the comex in this NON active delivery month of NOVEMBER Our short speculators have been met with physical delivery demands by the bank. The only way they can obtain gold is through these EFP’s where delivery is taken in London on a T + 2 basis.

December LOST A GIGANTIC 65,883 contracts DOWN to 59,464 contracts. The Dec OI is STILL unusually high with just 2 more trading days left before FDN.

WE WILL PROBABLY HAVE AROUND 80 TO 95 TONNES OF GOLD STANDING FOR DELIVERY IN DECEMBER.

JAN. GAINED 220 contracts RISING TO 3225 contracts.

We had 154 contracts filed for today representing 15400 oz

Today, 0 notice(s) were issued from J.P.Morgan dealer account and 150 notices were issued from their client or customer account. The total of all issuance by all participants equate to 154 contract(s) of which 0 notices were stopped (received) by j.P. Morgan dealer and 0 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. /2023. contract month, we take the total number of notices filed so far for the month (5896 x 100 oz ), to which we add the difference between the open interest for the front month of NOV. (154 CONTRACTS) minus the number of notices served upon today 154 x 100 oz per contract equals 589,600 OZ OR 18.339 TONNES + total ex. for risk = 16.2505//THUS TOTAL STANDING: 34.5895 TONNES

thus the INITIAL standings for gold for the NOV. contract month: No of notices filed so far (5896) x 100 oz + (154) {OI for the front month} minus the number of notices served upon today (154) x 100 oz) which equals 589,600 oz standing OR 18.339 TONNES + 16.2505 EX FOR RISK FOR MONTH = 34.5895 TONNES

TOTAL COMEX GOLD STANDING: 34.5895 TONNES WHICH IS HUGE FOR AN ACTIVE BUT GENERALLY WEAK DELIVERY MONTH. (OCT). Somebody is after a considerable amount of gold from the comex.

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 oz

total pledged gold: 1,835,300.879 OZ 57.08 tonnes

TOTAL OF ALL GOLD ELIGIBLE AND REGISTERED GOLD: 19,934,691.158 OZ

TOTAL REGISTERED GOLD 10,051.240.055 (312.653 tonnes).

TOTAL OF ALL ELIGIBLE GOLD: 9,883,451.103 OZ

REGISTERED GOLD THAT CAN BE SERVED UPON: 8,215,940 (REG GOLD- PLEDGED GOLD) 255.55 tonnes//dropping like a stone

END

SILVER/COMEX

NOV 28

//2023// THE NOV 2023 SILVER CONTRACT

Silver	Ounces
Withdrawals from Dealers* Inventory*	NIL oz
Withdrawals from Customer Inventory	1,219,084.061 ASAHI Brinks HSBC .
Deposits to the Dealer* Inventory*	nil oz
Deposits to the Customer Inventory	19.043.063 oz Delaware
No of oz served today (contracts)	10 CONTRACT(S) (50,000 OZ)
No of oz to be served (notices)	0 contracts (0 oz)
Total monthly oz silver served (contracts)	904 Contracts (4,520,000 oz)
Total accumulative withdrawal of silver from the Dealers* inventory this month*	NIL oz
Total accumulative withdrawal of silver from the Customer* inventory this month*

i) 0 dealer deposit

total dealer deposit: 0

total: nil oz

i) We had 0 dealer withdrawal

total dealer withdrawals: 0 oz

We had 1 deposits customer account:

customer deposits: 1

i) Into Delaware 18,943.063 oz

total customer deposit 18,943.063 oz

JPMorgan has a total silver weight: 134.441 million oz/266,314 million or 50.31%

Comex withdrawals 3

we had 3 customer withdrawals

i) out of Asahi 1,133,098.600 OZ

ii) Out of Brinks 35,984.700 oz

iii) Out of hSBC 85,000.78

total withdrawals 1,210,084.080 oz

adjustments: 0

TOTAL REGISTERED SILVER: 37.377 MILLION OZ//.TOTAL REG + ELIGIBLE. 266,314 million oz

CALCULATIONS FOR THE NEW STANDING FOR SILVER FOR August:

silver open interest data:

FRONT MONTH OF NOV /2023 OI: 10 CONTRACTS HAVING LOST 4 CONTRACT(S). WE HAD 2 NOTICES FILED ON MONDAY, SO WE LOST2 CONTRACTS OR AN ADDITIONAL 10,000 OZ WILL NOT STAND FOR SILVER IN NOVEMBER AT THE COMEX AND THEY WERE IMMEDIATELY E.F.P.’D TO LONDON TO TAKE DELIVERY OVER ON THAT SIDE OF THE POND.

DEC. LOST 8921 CONTRACTS TO STAND AT 22,116. THIS IS ALSO RATHER HIGH FOR DEC! WE WILL PROBABLY HAVE AROUND 30 TO 40 MILLION OZ STAND FOR DELIVERY.

JANUARY GAINED 123 CONTRACTS TO STAND AT 1515

TOTAL NUMBER OF NOTICES FILED FOR TODAY: 10 for 50,000 oz

Comex volumes// est. volume today 118,820// huge/roll

Comex volume: confirmed yesterday 136,459 mega huga/roll

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 904 x 5,000 oz = 4,520,000 oz

to which we add the difference between the open interest for the front month of NOV. (10) and the number of notices served upon today 10 x (5000 oz) equals the number of ounces standing.

Thus the standings for silver for the NOV/2023 contract month: 904 (notices served so far) x 5000 oz + OI for the front month of NOV (10) – number of notices served upon today (10 )x 500 oz of silver standing for the NOV contract month equates to 4.525 MILLION OZ +0 MILLION OZ EXCHANGE FOR RISK TODAY + 1.245 MILLION OZ (EXCHANGE FOR RISK/PRIOR) =5.77MILLION OZ

There are 37.377 million oz of registered silver.

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

END

GLD AND SLV INVENTORY LEVELS//

BOTH GLD AND SLV ARE MASSIVE FRAUDS!

NOV 28/WITH GOLD UP $26.45 TODAY:NO CHANGES IN GOLD INVENTORY AT THE GLD: // / / // // INVENTORY RESTS AT 882.28 TONNE

NOV 27/WITH GOLD UP $9,85 TODAY:NO CHANGES IN GOLD INVENTORY AT THE GLD: // / / // // INVENTORY RESTS AT 882.28 TONNES

NOV 24/WITH GOLD UP $11.20 TODAY:HUGE CHANGES IN GOLD INVENTORY AT THE GLD: A WITHDRAWAL OF 1.15 TONNES OF GOLD FROM THE GLD// / / // // INVENTORY RESTS AT 882.28 TONNES

NOV 22/WITH GOLD DOWN $8.45 TODAY:NO CHANGES IN GOLD INVENTORY AT THE GLD / / // // INVENTORY RESTS AT 883.43 TONNES

NOV 21/WITH GOLD UP $21.65 TODAY:NO CHANGES IN GOLD INVENTORY AT THE GLD / / // // INVENTORY RESTS AT 883.43 TONNES

NOV 20/WITH GOLD DOWN $4.15 TODAY:HUGE CHANGES IN GOLD INVENTORY AT THE GLD A MAMMOTH DEPOSIT OF 12.98 TONNES INTO THE GLD:/ / // // INVENTORY RESTS AT 883.43 TONNES

NOV 17/WITH GOLD DOWN $1.85 TODAY:NO CHANGES IN GOLD INVENTORY AT THE GLD:/ / // // INVENTORY RESTS AT 870.45 TONNES

NOV 16/WITH GOLD UP $22.70 TODAY:NO CHANGES IN GOLD INVENTORY AT THE GLD:/ / // // INVENTORY RESTS AT 870.45 TONNES

NOV 15/WITH GOLD DOWN $1.00 TODAY:NO CHANGES IN GOLD INVENTORY AT THE GLD:/ / // // INVENTORY RESTS AT 870.45 TONNES

NOV 14/WITH GOLD UP $16.35 TODAY:HUGE CHANGES IN GOLD INVENTORY AT THE GLD:/ / // //A DEPOSIT OF 2.3 TONNES OF GOLD INTO THE GLD// INVENTORY RESTS AT 870.45 TONNES

NOV 13/WITH GOLD UP $12.00 TODAY:SMALL CHANGES IN GOLD INVENTORY AT THE GLD:/ / // //A DEPOSIT OF .87 TONNES OF GOLD INTO THE GLD// INVENTORY RESTS AT 868.15 TONNES

NOV 10/WITH GOLD DOWN $30.70 TODAY:NO CHANGES IN GOLD INVENTORY AT THE GLD:/ / // // INVENTORY RESTS AT 867.28 TONNES

NOV 9/WITH GOLD UP $12.50 TODAY:NO CHANGES IN GOLD INVENTORY AT THE GLD:/ / // // INVENTORY RESTS AT 867.28 TONNES

NOV 8/WITH GOLD DOWN $14.95 TODAY:HUGE CHANGES IN GOLD INVENTORY AT THE GLD:A MASSIVE DEPOSIT OF 4.04 TONNES OF GOLD INTO THE GLD/ / // // INVENTORY RESTS AT 867.28 TONNES

NOV 7/WITH GOLD DOWN $14.70 TODAY:HUGE CHANGES IN GOLD INVENTORY AT THE GLD:A DEPOSIT OF 4.33 TONNES OF GOLD INTO THE GLD/ / // // INVENTORY RESTS AT 863.24 TONNES

NOV 6/WITH GOLD DOWN $9.90 TODAY:HUGE CHANGES IN GOLD INVENTORY AT THE GLD:A DEPOSIT OF 1.73 TONNES OF GOLD INTO THE GLD/ / // // INVENTORY RESTS AT 863.24 TONNES

NOV 3/WITH GOLD UP $5.75 TODAY:NO CHANGES IN GOLD INVENTORY AT THE GLD: / // // INVENTORY RESTS AT 861.51 TONNES

NOV 2/WITH GOLD UP $6.55 TODAY:BIG CHANGES IN GOLD INVENTORY AT THE GLD: A HUGE DEPOSIT OF 2.02 TONNES OF GOLD INTO THE GLD/ // // INVENTORY RESTS AT 861.51 TONNES

NOV 1/WITH GOLD DOWN $6.15 TODAY:NO CHANGES IN GOLD INVENTORY AT THE GLD // // INVENTORY RESTS AT 859.49 TONNES

OCT 31/859.49 TONNES//

OCT 30/WITH GOLD UP $7.80 TODAY:NO CHANGES IN GOLD INVENTORY AT THE GLD // // INVENTORY RESTS AT 861.80 TONNES

OCT 27/WITH GOLD UP $1.20 TODAY:NO CHANGES IN GOLD INVENTORY AT THE GLD // // INVENTORY RESTS AT 861.80 TONNES

OCT 26/WITH GOLD UP $2.90 TODAY:HUGE CHANGES IN GOLD INVENTORY AT THE GLD A DEPOSIT OF 1.73 TONNES OF GOLD INTO THE GLD// // INVENTORY RESTS AT 861.80 TONNES

OCT 25/WITH GOLD UP $9.00 TODAY:NO CHANGES IN GOLD INVENTORY AT THE GLD:/: //: // INVENTORY RESTS AT 860.07 TONNES

OCT 24/WITH GOLD DOWN $1.30 TODAY:HUGE CHANGES IN GOLD INVENTORY AT THE GLD: A MASSIVE WITHDRAWAL OF 3.17 TONNES OF GOLD OUT OF THE GLD//WHAT A MASSIVE FRAUD! //: //: // INVENTORY RESTS AT 860.07 TONNES

OCT 23/WITH GOLD DOWN $6.80 TODAY:HUGE CHANGES IN GOLD INVENTORY AT THE GLD: A MASSIVE 15.00 TONNES OF GOLD INTO THE GLD//WHAT A MASSIVE FRAUD! //: //: // INVENTORY RESTS AT 863.24 TONNES

OCT 20/WITH GOLD UP $14.50 TODAY:NO CHANGES IN GOLD INVENTORY AT THE GLD //: //: // INVENTORY RESTS AT 848.24 TONNES

OCT 19/WITH GOLD UP $12.90 TODAY:HUGE CHANGES IN GOLD INVENTORY AT THE GLD A WITHDRAWAL OF 5.19 TONNES OF GOLD FROM THE GLD//: //: // INVENTORY RESTS AT 848.24 TONNES

OCT 18/WITH GOLD UP $32.55 TODAY:HUGE CHANGES IN GOLD INVENTORY AT THE GLD A WITHDRAWAL OF 2.02 TONNES OF GOLD FROM THE GLD//: //: // INVENTORY RESTS AT 853.43 TONNES

GLD INVENTORY: 882.28 TONNES

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

NOV 28/WITH SILVER UP 64 CENTS TODAY:NO CHANGES IN SILVER INVENTORY AT THE SLV //://// //INVENTORY RESTS AT 440.173 MILLION OZ

NOV 27/WITH SILVER UP 32 CENTS TODAY:HUGE CHANGES IN SILVER INVENTORY AT THE SLV //:////A WITHDRAWAL OF 1,008,000 OZ FROM THE SLV. //INVENTORY RESTS AT 440.173 MILLION OZ

NOV 24/WITH SILVER UP 70 CENTS TODAY:HUGE CHANGES IN SILVER INVENTORY AT THE SLV //:////A WITHDRAWAL OF 549,000 OZ FROM THE SLV. //INVENTORY RESTS AT 441.181 MILLION OZ

NOV 22/WITH SILVER DOWN 21 CENTS TODAY:NO CHANGES IN SILVER INVENTORY AT THE SLV //://// //INVENTORY RESTS AT 441.730 MILLION OZ

NOV 21/WITH SILVER UP 32 CENTS TODAY:HUGE CHANGES IN SILVER INVENTORY AT THE SLV A DEPOSIT OF 2.794 OZ FROM THE SLV//://// //INVENTORY RESTS AT 441.730 MILLION OZ

NOV 20/WITH SILVER DOWN 26 CENTS TODAY:HUGE CHANGES IN SILVER INVENTORY AT THE SLV A WITHDRAWAL OF 1,824,000 OZ FROM THE SLV//://// //INVENTORY RESTS AT 438.936 MILLION OZ

NOV 17/WITH SILVER DOWN 6 CENTS TODAY:HUGE CHANGES IN SILVER INVENTORY AT THE SLV A WITHDRAWAL OF 1,832,000 OZ FROM THE SLV//://// //INVENTORY RESTS AT 437,104 MILLION OZ

NOV 16/WITH SILVER UP 38 CENTS TODAY:SMALL CHANGES IN SILVER INVENTORY AT THE SLV A WITHDRAWAL OF 778,000 OZ FROM THE SLV//://// //INVENTORY RESTS AT 440.768 MILLION OZ

NOV 15/WITH SILVER UP 39 CENTS TODAY:NO CHANGES IN SILVER INVENTORY AT THE SLV://// //INVENTORY RESTS AT 441.587 MILLION OZ

NOV 14/WITH SILVER UP 78 CENTS TODAY:SMALL CHANGES IN SILVER INVENTORY AT THE SLV:A DEPOSIT OF 183,000 OZ INTO THE SLV ////// //INVENTORY RESTS AT 441.587 MILLION OZ

NOV 13/WITH SILVER UP 5 CENTS TODAY:NO CHANGES IN SILVER INVENTORY AT THE SLV: ////// //INVENTORY RESTS AT 441.364 MILLION OZ

NOV 10/WITH SILVER DOWN 59 CENTS TODAY:HUGE CHANGES IN SILVER INVENTORY AT THE SLV: A DEPOSIT OF .733 MILLION OZ INTO THE SLV////// //INVENTORY RESTS AT 441.364 MILLION OZ

NOV 9/WITH SILVER UP 17 CENTS TODAY:NO CHANGES IN SILVER INVENTORY AT THE SLV: //// //INVENTORY RESTS AT 440.631 MILLION OZ

NOV 8/WITH SILVER UP 13 CENTS TODAY:NO CHANGES IN SILVER INVENTORY AT THE SLV: //// //INVENTORY RESTS AT 440.631 MILLION OZ

NOV 7/WITH SILVER DOWN 59 CENTS TODAY:NO CHANGES IN SILVER INVENTORY AT THE SLV: //// //INVENTORY RESTS AT 440.631 MILLION OZ

NOV 6/WITH SILVER DOWN 6 CENTS TODAY:NO CHANGES IN SILVER INVENTORY AT THE SLV: //// //INVENTORY RESTS AT 440.631 MILLION OZ

NOV 3/WITH SILVER UP 41 CENTS TODAY:BIG CHANGES IN SILVER INVENTORY AT THE SLV: A DEPOSIT OF 0.638 MILLION OZ OF SILVER FROM THE SLV///// /// /INVENTORY RESTS AT 440.631 MILLION OZ

NOV 2/WITH SILVER UP 11 CENTS TODAY:BIG CHANGES IN SILVER INVENTORY AT THE SLV: A WITHDRAWAL OF 1.924 OZ OF SILVER FROM THE SLV///// /// /INVENTORY RESTS AT 439.993 MILLION OZ

NOV 1/WITH SILVER DOWN 11 CENTS TODAY:BIG CHANGES IN SILVER INVENTORY AT THE SLV: A WITHDRAWAL OF 916,000 OZ OF SILVER FROM THE SLV///// /// /INVENTORY RESTS AT 441.917 MILLION OZ

OCT 31/442.833 MILLION OZ///INVENTORY

OCT 30/WITH SILVER UP 46 CENTS TODAY:NO CHANGES IN SILVER INVENTORY AT THE SLV: /// /// /INVENTORY RESTS AT 443.750 MILLION OZ

OCT 27/WITH SILVER UP 3 CENTS TODAY:BIG CHANGES IN SILVER INVENTORY AT THE SLV: A WITHDRAWAL OF 641,000 OZ FROM THE SLV/// /// /INVENTORY RESTS AT 443.750 MILLION OZ

OCT 26/WITH SILVER DOWN 14 CENTS TODAY: NO CHANGES IN SILVER INVENTORY AT THE SLV/ /// /INVENTORY RESTS AT 444.391 MILLION OZ

OCT 25/WITH SILVER DOWN 6 CENTS TODAY: NO CHANGES IN SILVER INVENTORY AT THE SLV/ /// /INVENTORY RESTS AT 444.391 MILLION OZ

OCT 24/WITH SILVER DOWN 8 CENTS TODAY: HUGE CHANGES IN SILVER INVENTORY AT THE SLV:A MASSIVE DEPOSIT OF 2.52 MILLION OZ INTO THE SLV/// /// /INVENTORY RESTS AT 444.391 MILLION OZ

OCT 23/WITH SILVER DOWN 23 CENTS TODAY: NO CHANGES IN SILVER INVENTORY AT THE SLV:/ /// /INVENTORY RESTS AT 441.871 MILLION OZ

OCT 20/WITH SILVER UP 50 CENTS TODAY: HUGE CHANGES IN SILVER INVENTORY AT THE SLV:.A WITHDRAWAL OF 2.658 MILLION OZ FROM THE SLV/ /// /INVENTORY RESTS AT 441.871 MILLION OZ

OCT 19/WITH SILVER UP XXX CENTS TODAY: NO CHANGES IN SILVER INVENTORY AT THE SLV:. A /// /INVENTORY RESTS AT 444.529 MILLION OZ

OCT 18/WITH SILVER UP 11 CENTS TODAY: NO CHANGES IN SILVER INVENTORY AT THE SLV:. A WITHDRAWAL OF 3.207 MILLLION OZ FROM THE SLV///// /.////INVENTORY RESTS AT 444.529 MILLION OZ

CLOSING INVENTORY 440.173 MILLION OZ//

PHYSICAL GOLD/SILVER COMMENTARIES

1:Peter Schiff/Mike Maharrey

end

2,c) Commentaries from: Egon von Greyerz///Matthew Piepenburg via GoldSwitzerland.com, Pam and Russ Martens, John Rubino

3. CHRIS POWELL//GATA GOLD COMMENTARIES:

Just how bad is the U.S. cost-of-living squeeze? We did the math

Submitted by admin on Mon, 2023-11-27 11:18Section: Daily Dispatches

By Reade Pickert and Jennah Haque
Bloomberg News
Monday, November 27, 2023

After years of inflation, U.S. consumers are shouldering a burden unlike anything seen in decades — even as the pace of price increases has slowed.

It now requires $119.27 to buy the same goods and services a family could afford with $100 before the pandemic. Since early 2020, prices have risen about as much as they had in the full 10 years preceding the health emergency.

It’s hard to find an area of a household budget that’s been spared: Groceries are up 25% since January 2020. Same with electricity. Used-car prices have climbed 35%, auto insurance 33%, and rents roughly 20%.

Those figures help explain why Americans continue to register strong dissatisfaction with the economy: Consumers’ daily routines have largely returned to their pre-pandemic normal, but the cost of living has not.

… For the remainder of the report:

https://www.bloomberg.com/graphics/2023-inflation-economy-cost-of-living/

* * *

end

Watch the New Orleans conference at home while helping GATA too

Submitted by admin on Mon, 2023-11-27 17:06Section: Daily Dispatches

5p ET Monday, November 27, 2023

Dear Friend of GATA and Gold:

You missed a lot if you didn’t attend the New Orleans Investment Conference this month — a great city renovating itself, wonderful restaurants, refreshing weather, people who make hospitality a way of life, and, of course, financial commentary from some great minds. (Oh, well, GATA’s too.)

But you don’t have to keep missing what was said at the conference. For the conference is selling video recordings of all 40 hours of its proceedings — conference presentations and speaker workshops — for just $199 for you to watch at home. And ever generous to GATA, the conference will pay us a commission on every recording purchased by our supporters through the internet link below.

So please check it out:

https://hp214.isrefer.com/go/2023noic/a37/

CHRIS POWELL, Secretary/Treasurer
Gold Anti-Trust Action Committee Inc.
CPowell@GATA.org

END

4, OTHER IMPORTANT GOLD/SILVER COMMENTARIES/

5 a. IMPORTANT COMMENTARIES ON COMMODITIES:

END

5 B GLOBAL COMMODITY ISSUES/FOOD IN GENERAL//FREIGHT

END

6.CRYPTOCURRENCY//DIGITAL CURRENCY// COMMENTARIES/

end

1.YOUR EARLY CURRENCY VALUES/GOLD AND SILVER PRICING/ASIAN AND EUROPEAN BOURSE MOVEMENTS/AND INTEREST RATE SETTINGS TUESDAY MORNING.7:30 AM

ONSHORE YUAN: CLOSED DOWN AT 7.1533

OFFSHORE YUAN: UP TO 7.1645

SHANGHAI CLOSED UP 6.85 PTS OR 0.23%

HANG SENG CLOSED DOWN 170.97 PTS OR 0.98%

2. Nikkei closed DOWN 39.28PTS OR 0.12%

3. Europe stocks SO FAR: ALL MOSTLY RED

USA dollar INDEX UP TO 103.16 EURO FALLS TO 1.0949 DOWN 9 BASIS PTS

3b Japan 10 YR bond yield: FALLS TO. +.753 Japan buying 100% of bond issuance)/Japanese YEN vs USA cross now at 148.64/JAPANESE YEN FALLING AS WELL AS LONG TERM 10 YR. YIELDS RISING //EVENTUALLY THIS WILL BREAK 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 UP CHINESE ONSHORE YUAN: DOWN// OFFSHORE: DOWN

3f Japan is to buy INFINITE TRILLION YEN worth of BONDS. Japan’s GDP equals 5 trillion USA

Japan to buy 100% of all new Japanese debt and NOW they will have OVER 50% of all Japanese 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 +2.5550***/Italian 10 Yr bond yield DOWN to 4.335** /SPAIN 10 YR BOND YIELD DOWN TO 3.570…**

3i Greek 10 year bond yield DOWN TO 3.742

3j Gold at $2016.50 silver at: 24.70 1 am est) SILVER NEXT RESISTANCE LEVEL AT $30.00

3k USA vs Russian rouble;// Russian rouble DOWN 0 AND 9 /100 roubles/dollar; ROUBLE AT 88.69//

3m oil into the 74 dollar handle for WTI and 79 handle for Brent/

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

JAPAN ON JAN 29.2016 CONTINUES NIRP. THIS MORNING RAISES AMOUNT OF BONDS THAT THEY WILL PURCHASE UP TO .5% ON THE 10 YR BOND///YEN TRADES TO 148,64// 10 YEAR YIELD AFTER FIRST BREAKING .54% LAST YEAR NOW EXCEEDS THAT LEVEL TO 0.753% STILL ON CENTRAL BANK (JAPAN) INTERVENTION

30 SNB (Swiss National Bank) still intervening again in the markets driving down the FRANC. It is not working: USA/SF this 0.8810 as the Swiss Franc is still rising against most currencies. Euro vs SF: 0.9647 well 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: 4.407 UP 2 BASIS PTS…

USA 30 YR BOND YIELD: 4.557 UP 2 BASIS PTS/

USA 2 YR BOND YIELD: 4.887 UP 3 BASIS PTS

USA DOLLAR VS TURKISH LIRA: 28.94…(TURKEY SET TO BLOW UP FINANCIALLY)

GREAT BRITAIN/10 YEAR YIELD: DOWN 3 BASIS PTS AT 4.2575

end

2.a Overnight: Newsquawk and Zero hedge:

Futures Slide To Session Lows Amid Growing Concerns Rally Is Over

TUESDAY, NOV 28, 2023 – 08:21 AM

US equity futures and European stocks both fell for a second day amid signs the November rally in equities is overstretched with even such bullish Goldman luminaries (and flow gurus) as Scott Rubner calling an end to the meltup this week. As of 8:15am ET, S&P and Nasdaq futures are down 0.3%, dropping to session lows amid rising speculation that the rally is over. Treasuries edge lower, with US 10-year yields rising 2bp to 4.40%, while the USD is flat while commodities are higher, led by Ags and Energy (ex-natgas) with energy reacting to a Bloomberg report that Saudi Arabia will ask for supply cuts at this week’s OPEC+ meeting. With month-end, we could see Equities underperform Bonds by as much as 50bps – 75bps given performance differentials. Today’s macro data focus is on housing price indices, consumer confidence, activity updates from Dallas/Richmond Feds, two Fed speakers, and the 7Y auction.

In premarket trading, Zscaler shares fell 6.1% after the security software company affirmed a forecast for 2024 calculated billings that fell slightly short of estimates at the midpoint. ADRs of Chinese e-commerce firm PDD Holdings soared 17% in US premarket trading after posting earnings and revenue well above estimates. Here are some other notable premarket movers:

Affirm shares rose 3.1% after Jefferies upgraded the buy-now-pay-later company to hold from underperform, citing stabilizing credit performance and ongoing momentum in adoption of BNPL services.
Boeing gained 2.1% as RBC Capital Markets upgraded the planemaker’s stock to outperform from sector perform. The broker said shares in the company are in the early stages of “a significant shift in sentiment” amid strong demand.
Cool Co. dropped 9.1% as Pareto described the liquefied natural gas shipping company’s results as “soft.”
Shopify shares dropped 2.7% in New York after the e-commerce company was downgraded to underweight from neutral at Piper Sandler, which said the current shares hold an “untenable valuation.”
SpringWorks Therapeutics shares rose 10% after the FDA approved nirogacestat, the biotech’s oral treatment for desmoid tumors.
Crocs gains 2.4% after Raymond James upgraded the footwear brand to strong buy and placed the company on its current favorites list, replacing Lululemon.
Edwards Lifesciences slips about 2% after Wolfe downgraded its rating, citing risk to the firm’s unit growth.

Expectations that rates have peaked and the economy will avoid recession have spurred stocks and government bonds this month. Now, Citigroup strategists – always several weeks behind the curve following the massive layoffs over there – say one of the best November rallies for the S&P 500 in a century is running out of steam and net positioning in the benchmark index is looking “slightly bearish” echoing what both Michael Hartnett and Scott Rubner already said previously.

Meanwhile, central bankers from Australia, England and Thailand warned that the monetary policy outlook remains uncertain. The ECB isn’t yet at a point where it should consider reducing borrowing costs, Bundesbank President Joachim Nagel said.

“It’s not surprising to see some money being taken off the table, particularly when the expectation is that the ECB will not cut interest rates until mid-2024 in spite of better than expected inflation data,” said Kumar Pandit, a money manager at Somerset Capital Management in London. The rally “may well be” over in the short term, he said.

Traders will be watching a series of speeches by Federal Reserve officials on Tuesday and another batch of economic data are due this week, including the Fed’s preferred measure of underlying inflation.

European stocks are on course to log back-to-back losses for the first time in three weeks. The Stoxx 600 is down 0.6% with consumer product, real estate and health care shares leading declines; energy and utilities are the best-performing sectors and some of the only risers. LVMH led a retreat in European luxury stocks as HSBC Holdings Plc cut its price targets across the sector. Dutch biotech Argenx sank as much as 17% after preliminary results suggested its only medicine failed in a trial. Here are some of the biggest European movers on Tuesday:

Rolls-Royce shares gain as much as 7.4%, rising to the highest levels since November 2019, after the British aero engine manufacturer presented fresh financial targets that analysts lauded as “strong,” particularly on free cash flow.
EasyJet shares rise as much as 4.8%, before paring the gain to trade little changed, after the low-cost airline said it has a positive outlook for full-year 2024 despite some impact from war in the Middle East. Morgan Stanley says the outlook remains strong, while Bernstein noted some caution due to the conflict.
Smurfit Kappa shares gain as much as 3.8% as Jefferies says readacross from Packaging Corp.’s price hike last night is positive for European containerboard and box makers, who could make an attempt of their own in 2024.
Ebusco shares jump as much as 11% after the Dutch electric automobile firm said it has been selected as a supplier by Italian central purchasing organization Consip.
Boozt shares gain as much as 6.8%, in a fifth day of gains, after the Swedish online retailer narrows its full-year guidance range toward the higher end based on strong sales during the Black Friday week.
Julius Baer shares drop as much as 3.6%, declining for a seventh day, as Vontobel estimates the wealth manager will probably have to take an impairment charge amounting to 50% of its around CHF600m exposure to troubled real estate company Signa. Vontobel cut its price target on the stock to CHF50 from CHF55.
LVMH shares decline as much as 3% as HSBC cuts its price targets across the luxury sector, saying that the industry isn’t recession-proof and stock momentum could remain “subdued” for another five to six months as investors focus on a “lackluster” first half of 2024.
ABN Amro shares slip as much as 1.9% after Deutsche Bank on Monday cut the recommendation on the Dutch bank to hold, from buy, saying its net interest income (NII) and costs are deteriorating.
Marlowe shares slump as much as 18.2% after the investment company delivers first-half results which Berenberg describes as “disappointing” because of a delay in cash improvement.
Argenx shares tumble as much as 17%, the most on record, after the Belgian biotech firm said a study evaluating Vyvgart Hytrulo in adults with a rare bleeding disorder didn’t meet its primary endpoint.
Ubisoft shares fall as much as 10% after the French video game maker announced placement of convertible bonds due 2031 for a nominal amount of €494.5 million. The reference share price of €27.35 is a 7% discount to the last close.
Atos shares fall as much as 9.7% after the French tech firm said that it’s studying further initiatives — including raising funds via debt and equity capital markets — to address a capital increase plan and debt maturities in 2025.

Asian stocks gained as tech-heavy South Korean and Taiwanese markets rallied on the back of lower Treasury yields, with traders bracing for a key US inflation report later this week. The MSCI Asia Pacific Index rose 0.3%, with tech giants TSMC and Samsung Electronics among the biggest contributors to the benchmark’s gains. The dollar fell for a fourth day while two-year Treasuries extended a rally that began Monday, boding well for rate-sensitive tech shares. Japanese stocks declined as the yen extended gains. Key gauges fell in Hong Kong while Chinese equities extend declines in afternoon trading despite recent support pledges by the PBoC as a report also suggested that China’s property lifeline exposes banks to large losses and job reductions. Meituan was the biggest drag on the Hang Seng China Enterprises Index as investors stayed cautious ahead of its quarterly results later in the day. The gauge dropped as much as 1.5% to its lowest since Nov. 13; it is on course for its third session of declines. China’s largest food delivery platform operator Meituan is the biggest loser on the index, falling as much as 7.3% to the lowest since May 2020. Japan’s Nikkei 225 failed to hold on to opening gains and was pressured as a firmer currency paved the way for profit-taking. ASX 200 was higher with early outperformance on softer yields and following a break above the 7,000 level although the index finished off intraday highs following a surprise contraction in Retail Sales data.

In FX, the Bloomberg Dollar Spot Index fell as much as 0.2% to 1,235.03, its lowest since late August, and on track for its steepest monthly drop in a year. The euro is flat, with little reaction to remarks by the ECB’s Nagel, who said it’s premature to even talk about rate cuts. USD/JPY dropped as much as 0.5% to 147.98 to take losses into a third day, pressured by month-end demand to sell dollars.

In rates, treasuries are slightly cheaper across the curve with yields 1bp-3bp higher on the day, unwinding a portion of Monday’s rally. 10-year TSY yields are around 2bps cheaper on the day at 4.41%, with futures price just below Monday’s highs; bunds and gilts outperform by 1bp and 0.5bp in the sector while Italian bonds lag by 3bp. Auction cycle concludes with $39b 7-year note sale at 1pm, follows mixed 2- and 5-year auctions Monday. WI 7-year yield at ~4.5% is 46bp richer than result of October’s, which stopped 0.2bp through. In Europe, Italian bonds underperform core euro-zone after ECB’s Nagel said the central bank’s balance sheet must shrink significantly.

In commodities, oil prices advanced snapping three days of declines as the market weighed the possibility of deeper output cuts from OPEC+. WTI rose 1.2% to trade near $75.70. Elsewhere, gold was little changed, hovering near the highest level since May.

Bitcoin has been contained throughout the session thus far, in-fitting with the general tone; currently, pivoting USD 37k. Interactive Brokers (IBKR) expanded its cryptocurrency trading to retail investors in Hong Kong.

US session has a busy Fed speaker slate and 7-year note auction at 1pm New York time, as well as house-price and consumer confidence gauges.

To the day ahead now, and data releases from the US include the Conference Board’s consumer confidence index for November, the Richmond Fed’s manufacturing index for November, and the FHFA’s house price index for September. In Europe, there’s also the Euro Area M3 money supply for October. Central bank speakers include the Fed’s Goolsbee and Waller, the ECB’s Nagel and Lane, and the BoE’s Haskel. Finally, there’s a 7yr US Treasury auction taking place.

Market Snapshot

S&P 500 futures little changed at 4,558.75
STOXX Europe 600 down 0.5% to 455.98
MXAP up 0.2% to 161.47
MXAPJ up 0.4% to 503.88
Nikkei down 0.1% to 33,408.39
Topix down 0.2% to 2,376.71
Hang Seng Index down 1.0% to 17,354.14
Shanghai Composite up 0.2% to 3,038.55
Sensex up 0.2% to 66,096.01
Australia S&P/ASX 200 up 0.4% to 7,015.22
Kospi up 1.0% to 2,521.76
German 10Y yield little changed at 2.54%
Euro little changed at $1.0951
Brent Futures up 1.1% to $80.84/bbl
Gold spot up 0.1% to $2,015.63
U.S. Dollar Index little changed at 103.21

Top Overnight News from Bloomberg

China’s central bank warns that credit growth will cool as the country transitions away from a model dependent on infrastructure and real estate investment. BBG
BOJ sees pressure to tighten climb further after the Japanese weighted median inflation rate accelerated to +2.2% in Oct (up from +2% in Sept). RTRS
Hawkish ECB commentary weighs on sentiment with Lagarde warning that the timeline for ending PEPP reinvestments could be accelerated while Nagel said rate hikes might not be over. FT
BOE official pushes back against rising expectations for rate cuts, warning that policy will need to be restrictive for an extended period. RTRS
Barclays considers a restructuring plan that would see it drop thousands of investment banking clients as the firm rushes to bolster profitability (Barclays considered an acquisition in asset mgmt. or wealth mgmt. but ultimately decided against it). FT
AMZN officially surpasses UPS and FedEx as the biggest delivery business in the US, and the gap will only grow larger in the years ahead. WSJ
The fed will not return to positive net income until 2025 and will not resume remitting profits to the Treasury until mid-2027. St. Louis Fed
American shoppers spent $8.3 billion through 6 p.m. for Cyber Monday, according to Adobe, which expects as much as $12.4 billion in total. Despite the splash, US consumer confidence data, due later, is set to dip again this month. BBG
Carlyle Group is set to join the S&P MidCap 400 index, S&P Dow Jones Indices said late Monday. The change will force funds that track the index to buy Carlyle shares. The stock rose about 6% in offhours trading. WSJ

A more detailed look at global markets courtesy of Newsquawk

APAC stocks traded mixed amid the lower yield environment and after the lacklustre performance of US counterparts. ASX 200 was higher with early outperformance on softer yields and following a break above the 7,000 level although the index finished off intraday highs following a surprise contraction in Retail Sales data. Nikkei 225 fa led to hold on to opening gains and was pressured as a firmer currency paved the way for profit-taking. Hang Seng and Shanghai Comp diverged despite recent support pledges by the PBoC as a report also suggested that China’s property lifeline exposes banks to large losses and job reductions.

Top Asian News

PBoC Governor Pan said China’s economy continued to gain momentum in recovery and reiterated that China’s economy is expected to achieve its GDP growth target for 2023, while he added that China’s CPI is gradually bottoming out and consumption’s contribution to the domestic economy is on the rise. Furthermore, Pan said they will continue to keep monetary policy accommodative and will make it easier for foreign financial institutions to do business in China, according to Reuters.
Chinese Premier Li Qiang said China is willing to build closer supply chain linkages with all countries, while it opposes any form of decoupling and cutting off of supply chains. Li added that China will continue to create an international and rule-of-law-based business environment, according to Reuters.
China’s property lifeline reportedly exposes banks to large losses and job reductions, according to Bloomberg.

European bourses, Euro Stoxx 50 -0.3%, continue to slip with modest underperformance in the CAC 40 -0.4%, hampered by Luxury names after LVMH price target reductions. European sectors are mostly in the red, with Consumer Products and Services at the foot of the sectors weighed by Luxury names. Energy in the green, with crude prices lifting off lows throughout the European session; Utilities helped by RWE plans to increase dividends by 5-10% each year until 2030. US Futures are all teetering around the unchanged mark with specifics light thus far ahead of several Fed members.

Top European News

BoE Deputy Governor Ramsden said UK inflation is more homegrown and monetary policy is likely to need to be restrictive for an extended period of time to get inflation back to the 2% target, while he doesn’t see financial stability grounds for adjusting quantitative easing or the setting of the level of interest rates.
ECB’s Nagel says rate hikes are not necessarily over, would have to hike again if inflation outlook worsened. Inflation outlook encouraging, but core shows dynamics continue to be strong. Premature to discuss rate cuts, prefer to err on the side of caution.
German Chancellor Scholz says they will be able to end the energy price break at year-end given lower prices and gas storage levels. Working to make all decisions required for the 2024 budget as soon as possible. German States have the greatest interest in securing investments in the chip industry, climate-friendly steel and battery plants.
In December, Greece will repay EUR 5.3bln of EZ bailout funds ahead of schedule, via Reuters citing Finance Ministry Officials; in 2024, considering another early repayment

DXY clings to 103.00 handle in the face of negative rebalancing signals on spot month end, but barely within a 103.07-32 range.
Loonie underpinned by rebound in oil and straddling 1.3600 vs Greenback
Euro continues to stall around 1.0960 Fib resistance against Dollar as hawkish ECB vibes vie with weak Eurozone M3 metrics.
Yen extends recovery gains vs Buck to probe 148.00 before fading.
Sterling retains 1.2600+ status ahead of comments from BoE hawk Haskel and Aussie extends beyond 0.6600 as RBA’s Bullock underlines upside inflation risks to outweigh retail sales miss.
Kiwi cautious pre-RBNZ as NZD/USD retreats through 0.6100.
PBoC set USD/CNY mid-point at 7.1132 vs exp. 7.1432 (prev. 7.1159).

Fixed Income

Debt futures fade after extending recovery gains.
Bunds down in sympathy with BTPs within 131.65-20 and 114.68-00 respective ranges.
Gilts undermined by hefty tail on 30 year DMO sale between 96.47-95.89 parameters.
T-note nearer 108-27 trough than 109-03+ peak ahead of 7 year auction and a slew of Fed speakers.
UK sells GBP 2.75bln 3.75% 2053 Gilt: b/c 2.34x (prev. 2.60x), average yield 4.664% (prev. 4.926%) & tail 1.5bps (prev. 0.8bps)

Commodities

Crude continues to extend gains, despite a lack of catalysts whilst geopolitics & OPEC remains in focus.
Metals are flat/mixed in the absence of major catalysts, with Gold still holding onto yesterday’s gains and comfortably above the USD 2000/oz level.
Energy Intel noted there is still no resolution regarding new OPEC+ production baselines and cuts, while it added that the meeting is still scheduled to take place virtually on Thursday but it understands that a further delay cannot be ruled out.
OPEC to hold an online meeting at 10:00GMT/05:00EST on Thursday; 13:00GMT/08:00EST the JMMC will meet; 14:00GMT/09:00EST the full OPEC+ meeting will occur, via Reuters citing sources.

Geopolitics: Israel- Hamas

Israel released 30 Palestinian children and three women under the truce agreement and it received a list of ten hostages to be released by Hamas on Tuesday, while it was separately reported that Israel approved a list of 50 female Palestinian prisoners for possible release if additional Israeli hostages are freed, according to Reuters.
Israeli Defence Minister said when they return to fighting after the truce, the fighting will be stronger and will include all parts of the Gaza Strip, according to Sky News Arabia.
Hamas Leader Khalil Al-Hayya told Al Jazeera they hope they can extend the truce for a longer period, according to Al Jazeera.
Al Jazeera reported via social media platform X that Israeli occupation forces raided Beitunia which is west of Ramallah.
“Palestinian media: Israeli forces fire heavily east of Khan Yunis in the southern Gaza Strip”, according to Al Arabiya.
US Secretary of State Blinken is to visit Israel, the West Bank and UAE later this week and will stress in meetings the need to sustain increased flow of humanitarian assistance to Gaza and secure the release of all hostages, according to a US official
“Israeli forces fired a shell at a house in Tubas in the West Bank”, according to Al Arabiya; Subsequently, “Lebanese news agency: An Israeli shell landed near a border town in southern Lebanon“, according to AshaqNews
Qatar Foreign Ministry says there have been “minimal breaches” of the Gaza truce, but they have not threatened the overall agreement
CIA director Burns is to meet today in Doha with the Mossad director Barnea & Qatar’s PM to discuss a possible second extension of the pause in Gaza, via Axios; contingent on Hamas releasing more hostages.

Geopolitics: North-Korea

North Korea said its spy satellite took photos of the White House, the Pentagon and a key US naval base, according to Yonhap.

US Event Calendar

09:00: Sept. S&P/Case Shiller 20 City MoM SA, est. 0.80%, prior 1.01%
09:00: Sept. S&P/Case-Shiller US HPI YoY, prior 2.57%
09:00: Sept. S&P CS Composite-20 YoY, est. 3.90%, prior 2.16%
10:00: Nov. Conf. Board Consumer Confidence, est. 101.0, prior 102.6
10:00: Nov. Conf. Board Present Situation, prior 143.1
10:00: Nov. Conf. Board Expectations, prior 75.6
10:00: Nov. Richmond Fed Index, est. 1, prior 3
10:30: Nov. Dallas Fed Services Activity, prior -18.2

DB’s Jim Reid concludes the overnight wrap

After a very strong month so far, markets saw a slight risk-off tone over the last 24 hours, with the S&P 500 (-0.20%) losing ground after a run of four consecutive weekly gains. That was echoed across several asset classes, but with sovereign bonds rallying across the board as investors moved more into safe havens as the data was on the softer side, plus Treasury supply was digested successfully. This all helped push gold prices (+0.67%) up to a 6-month high as well .

There wasn’t an obvious catalyst for the softness in risk and the decent fall in yields, but some weak US data didn’t exactly help sentiment yesterday. For instance, new home sales were down to an annualised rate of 679k in October (vs. 721k expected), which came as high mortgage rates continued to dampen demand. That was beneath all 50 economist’s estimates in the Bloomberg survey, so it added to the narrative that the recent US data has shown signs of beginning to turn lower. Note that this data corresponded to peak mortgage rates. They have rallied a fair bit since so some caution is required. Half an hour later, we then got the Dallas Fed’s manufacturing index, which fell to a 4-month low of -19.9 (vs. -16.0 expected) .

With that in mind, investors stuck to their view that the Fed and the ECB were both likely to cut in Q2, and sovereign bonds witnessed a decent rally on both sides of the Atlantic. For US Treasuries, that saw the 10yr yield fall -8.0bps to 4.387% (4.40% as I type this morning). There was a pair of US Treasury auctions yesterday with 5-year and 2-year notes being issued. The $54bn of 2-year notes saw softer demand than was expected, but yields still finished -6.0bps lower at 4.888%. The $55bn 5yr auction saw good demand with 5yr UST yields falling an additional -2bps around the auction, before continue to fall through the US afternoon to close -7.4bps lower overall. We have a 7yr auction today as the next stop for the (constant) UST supply train .

In Europe there were even larger yield declines for those on 10yr bunds (-9.5bps), OATs (-9.3bps) and BTPs (-11.4bps). As we discussed in the World Outlook our economists have downgraded German GDP to -0.2% in 2024. This would have likely been +0.3% without the Constitutional Court ruling a little less than two weeks ago. So this at the margin does mean that perhaps we will need looser policy sooner than we would have done.

On this theme, we did hear pushback from ECB President Lagarde, who was speaking before lawmakers at the European Parliament. She reiterated they weren’t thinking about cutting rates, saying that it was “not the time to start declaring victory”, and that they expected “that maintaining interest rates at current levels for a sufficiently long duration will make a substantial contribution to restoring price stability”. She also said that the question of PEPP reinvestments “will come probably for discussion and consideration within the Governing Council in the not-too-distant future”. The higher yields of October likely stopped this conversation then but with yields now lower the ECB might feel more comfortable to start thinking of an early exit to these PEPP reinvestments.

When it came to equities, the story was one of modest losses for the most part, with both the S&P 500 (-0.20%) and Europe’s STOXX 600 (-0.34%) losing ground. Energy stocks saw large declines as oil prices declined for a 4th consecutive day, with Brent crude down -0.74% to $79.98/bbl. Oil had initially been on track for larger losses, although there was a recovery after Bloomberg reported that Saudi Arabia was asking others in the OPEC+ group to reduce their quotas, although some others were resisting. Tech stocks also took a step back with the NASDAQ (-0.07%) unable to hold on to its initial modest gains.

Asian equity markets are mixed this morning with the Hang Seng (-0.60%) extending yesterday’s losses, and with the Nikkei also slipping (-0.36%) so far. Elsewhere, the KOSPI (+0.69%), the Shanghai Composite (+0.10%) and the CSI (+0.03%) have held on to their gains. US futures are fairly flat so far in the session.

Early morning data showed that Australia’s retail sales unexpectedly declined -0.2% m/m in October (v/s +0.1% expected) as against an increase of +0.9% in the previous month hinting that RBA’s hikes are taking their toll on consumers.

In other data yesterday, there was some more positive data out of the UK, with the CBI’s latest distributive trades survey showing that a net -11% saw sales volumes decline in the year to November. Although still negative, that’s actually the best number since June, and follows the better-than-expected flash PMIs last week, as well as the rise in the GfK’s consumer confidence indicator. Incidentally, our World Outlook does not expect a recession in the UK, unlike in the Euro Area and the US .

2 B) NOW NEWSQUAWK (EUROPE/REPORT)

Fixed bid after a strong 5yr auction with FX & equities relatively contained – Newsquawk Europe Market Open

TUESDAY, NOV 28, 2023 – 01:31 AM

APAC stocks traded mixed amid the lower yield environment and after the lacklustre performance of US counterparts.
DXY traded flat and was confined to within a tight range, USD/JPY tested 148.00 to the downside, Antipodeans were marginally firmer.
10-year UST futures marginally eased back from the 109.00 level after rallying on the back of soft US housing data and a strong 5yr auction, while a weak 2yr offering failed to derail the momentum.
European equity futures are indicative of a slightly lower open with Euro Stoxx 50 -0.1% after the cash market closed down 0.4% yesterday.
Looking ahead, highlights include German GfK Consumer Sentiment, French Consumer Confidence, Italian Producer Prices, Italian Trade Balance, US Consumer Confidence, Richmond Fed Index, Fed Discount Rate Minutes, Speeches from BoE’s Ramsden & Haskel, ECB’s Lane, Fed’s Goolsbee, Waller, Bowman & Barr, Supply from UK & US.
Click here for the Newsquawk Week Ahead.

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1. Subscribe to the free premarket movers reports

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US TRADE

EQUITIES

US stocks finished marginally lower on what was a choppy session on Cyber Monday despite a two-day extension to the Israel-Hamas truce and with late pressure seen heading into the close amid selling in Meta after a judge ruled against it in its privacy lawsuit with the FTC. Treasuries rallied as yields fell following soft New Home Sales and Dallas Fed Manufacturing data, as well as a strong 5yr auction.
SPX -0.19% at 4,550, NDX -0.13% at 15,962, DJI -0.16% at 35,333, RUT -0.35% at 1,801.
Click here for a detailed summary.

NOTABLE HEADLINES

White House said the US is seeing lower prices on items from fuel to food.

APAC TRADE

EQUITIES

APAC stocks traded mixed amid the lower yield environment and after the lacklustre performance of US counterparts.
ASX 200 was higher with early outperformance on softer yields and following a break above the 7,000 level although the index finished off intraday highs following a surprise contraction in Retail Sales data.
Nikkei 225 failed to hold on to opening gains and was pressured as a firmer currency paved the way for profit-taking.
Hang Seng and Shanghai Comp diverged despite recent support pledges by the PBoC as a report also suggested that China’s property lifeline exposes banks to large losses and job reductions.
US equity futures were little changed in the absence of any fresh catalysts stateside ahead of key data and month-end.
European equity futures are indicative of a slightly lower open with Euro Stoxx 50 -0.1% after the cash market closed down 0.4% yesterday.

FX

DXY traded flat and was confined to within a tight range of between 103.07-103.17 after recent pressure owing to a decline in yields after soft US data releases and with Barclay’s month-end rebalancing model indicating a broad-based, strong dollar selling signal, while participants also await this week’s key event for the dollar including the Fed’s preferred inflation gauge which is due on Thursday.
EUR/USD was steady and took a breather following yesterday’s intraday recovery and return journey to above the 1.0950 level.
GBP/USD remained afloat after it found near-term support at the 1.2600 level and with overnight comments from BoE Deputy Governor Ramsden who suggested that monetary policy needs to be restrictive for sufficiently long.
USD/JPY tested 148.00 to the downside with outperformance in the Japanese currency helped by narrowing yield differentials.
Antipodeans were marginally firmer in which AUD/USD extended above the 0.6600 level despite the disappointing Retail Sales, while NZD/USD printed its highest since August after it reclaimed the 0.6100 status.
PBoC set USD/CNY mid-point at 7.1132 vs exp. 7.1432 (prev. 7.1159).

FIXED INCOME

10-year UST futures marginally eased back from the 109.00 level but held on to most of the prior day’s gains after rallying on the back of soft US housing data and a strong 5yr auction, while a weak 2yr offering failed to derail the momentum.
Bund futures took a breather after climbing above the 131.00 level and as the focus turns to German GfK Consumer Sentiment.
10-year JGB futures initially tracked the recent advances in global counterparts and eyed the 146.00 level to the upside but later gave back some of the gains after weaker demand at the 40yr JGB auction despite a decline in accepted prices.

COMMODITIES

Crude futures lacked direction in which Brent and WTI crude futures traded both sides of the USD 80/bbl and USD 75/bbl, respectively, ahead of Thursday’s OPEC+ meeting with members yet to reach an agreement as Saudi seeks quota cuts, while others are resisting.
Energy Intel noted there is still no resolution regarding new OPEC+ production baselines and cuts, while it added that the meeting is still scheduled to take place virtually on Thursday but it understands that a further delay cannot be ruled out.
Spot gold traded sideways with prices stuck around the USD 2015/oz level alongside an uneventful dollar.
Copper futures were lacklustre amid the mixed risk tone but with downside stemmed by support at USD 3.75/lb.

CRYPTO

Bitcoin was marginally lower in rangebound trade but remained above the USD 37,000 level.
Interactive Brokers (IBKR) expanded its cryptocurrency trading to retail investors in Hong Kong.

NOTABLE ASIA-PAC HEADLINES

PBoC Governor Pan said China’s economy continued to gain momentum in recovery and reiterated that China’s economy is expected to achieve its GDP growth target for 2023, while he added that China’s CPI is gradually bottoming out and consumption’s contribution to the domestic economy is on the rise. Furthermore, Pan said they will continue to keep monetary policy accommodative and will make it easier for foreign financial institutions to do business in China, according to Reuters.
Chinese Premier Li Qiang said China is willing to build closer supply chain linkages with all countries, while it opposes any form of decoupling and cutting off of supply chains. Li added that China will continue to create an international and rule-of-law-based business environment, according to Reuters.
China’s property lifeline reportedly exposes banks to large losses and job reductions, according to Bloomberg.

DATA RECAP

Australian Retail Sales MM (Oct F) -0.2% vs. Exp. 0.1% (Prev. 0.9%)

GEOPOLITICS

Israel released 30 Palestinian children and three women under the truce agreement and it received a list of ten hostages to be released by Hamas on Tuesday, while it was separately reported that Israel approved a list of 50 female Palestinian prisoners for possible release if additional Israeli hostages are freed, according to Reuters.
Israeli Defence Minister said when they return to fighting after the truce, the fighting will be stronger and will include all parts of the Gaza Strip, according to Sky News Arabia.
Hamas Leader Khalil Al-Hayya told Al Jazeera they hope they can extend the truce for a longer period, according to Al Jazeera.
Al Jazeera reported via social media platform X that Israeli occupation forces raided Beitunia which is west of Ramallah.
“Palestinian media: Israeli forces fire heavily east of Khan Yunis in the southern Gaza Strip”, according to Al Arabiya.
US Secretary of State Blinken is to visit Israel, the West Bank and UAE later this week and will stress in meetings the need to sustain increased flow of humanitarian assistance to Gaza and secure the release of all hostages, according to a US official
North Korea said its spy satellite took photos of the White House, the Pentagon and a key US naval base, according to Yonhap.

EU/UK

NOTABLE HEADLINES

BoE Deputy Governor Ramsden said UK inflation is more homegrown and monetary policy is likely to need to be restrictive for an extended period of time to get inflation back to the 2% target, while he doesn’t see financial stability grounds for adjusting quantitative easing or the setting of the level of interest rates.

DATA RECAP

UK BRC Shop Price Index YY (Nov) 4.3% (Prev. 5.2%)

TUESDAY MORNING/MONDAY NIGHT

2 d./NORTH KOREA/ SOUTH KOREA/
//

NORTH KOREA/SOUTH KOREA

Everywhere we turn, we see Biden’s failed foreign policy: North Korea moves heavy weapons to the border of the South and he remilitarizes outposts along the DMZ

(zerohedge)

North Korea Moves Heavy Weapons To Border With South, Remilitarizes Outposts Along DMZ

MONDAY, NOV 27, 2023 – 11:20 PM

Prior years of efforts toward deconfliction based on a series of agreements between North and South Korea have been quickly unraveling, following major joint US-South Korea military drills last summer and the stationing of a US nuclear capable submarine there last July. The nuclear submarine at a South Korean port was a first in four decades.

Pyongyang responded predictably by ramping up ballistic missile tests, and most recently launching a spy satellite into orbit for the first time. But South Korea’s Defense Ministry on Monday announced a big major step backward, saying the north has begun building up heavy weapons along its border, while reestablishing guard posts.

Reconstructing militarized border positions appears to be the Kim Jong Un government’s response to the south last week suspending participation in a pact meant to avert war.

Seoul said this means it will resume surveillance flights along the border. Pyongyang promptly issued a statement: “From now on, our army will never be bound by the September 19 North-South Military Agreement,” it said last Wednesday.

And now The Guardian is detailing that “Media reports cited the South Korean military as saying it had detected troops from the North repairing camouflaged guard posts that the regime had destroyed as part of a comprehensive military agreement in 2018 designed to lower the risk of a confrontation along the heavily armed demilitarized zone (DMZ).”

Further, “The South’s military said North Korean soldiers had been observed digging trenches at sites along the border and the regime had sent heavy weapons to the area,” The Guardian continues. “The DMZ has divided the two countries since the end of the 1950-53 Korean war and is seen as a potential flashpoint in any future inter-Korean conflict.”

The South Korean Defense Ministry says it can prove the DPRK is remilitarizing the border, having released a photo set showing new soldiers and arms at freshly constructed outposts along the DMZ.

These same outposts had been destroyed over recent years as relations warmed and tensions eased between the US, South Korea, and North Korea.

South Korean President Yoon Suk Yeol ordered the military to be on a high state of readiness and to monitor troop movements along the border and DMZ. The satellite launch has remained a key issue of contention.

North Korea’s Kim had hailed “new era of a space power” with the Malligyong-1 reportedly in orbit. Pyongyang had claimed that within a mere hours after the launch, Kim was reviewing images of American military bases in Guam.

END

2e) JAPAN

end

3 CHINA

END

4.EUROPEAN AFFAIRS//UK /SCANDINAVIAN AFFAIRS

SWEDEN/MALMO

This city is a disaster!

(JerusalemPost)

Malmö school students make death threats against Jews, perform Nazi salutes

During a moment of silence for Palestinian victims in a Malmö, Sweden classroom, students began making violent antisemitic statements.

By ZVIKA KLEINNOVEMBER 28, 2023 03:23Updated: NOVEMBER 28, 2023 03:25

Malmo, Sweden (photo credit: FLICKR) — Malmo, Sweden(photo credit: FLICKR)

In a shocking display of hate and ignorance, students at a high school in Malmö, Sweden made death threats against Jews and performed Nazi salutes in their classrooms.

This disturbing incident, reported by Sydsvenskan, has raised serious concerns about the rise of antisemitism in schools and the effectiveness of policies meant to combat such hate speech.

The events unfolded in the context of heightened tensions following a Hamas terrorist attack in Israel and subsequent Israeli bombings in Gaza. During a moment of silence for Palestinian victims, the situation in the classroom rapidly deteriorated as students began making violent antisemitic statements.

According to Sydsvenskan, their actions included explicit threats against Jewish people and the performance of Nazi salutes, acts that are not only deeply offensive but also potentially criminal.

Malmö, Sweden (credit: DAVID CASTOR / PUBLIC DOMAIN)

Antisemitism in Sweden

Despite the school’s declared zero-tolerance policy towards such behavior, the incident was not reported to the police, a decision that has since come under scrutiny. This lack of action raises questions about the enforcement of anti-discrimination and anti-hate speech policies in educational settings.

This incident has sparked a broader conversation about the prevalence of antisemitism in educational institutions and the need for more effective measures to address and prevent such occurrences.

END

SWEDEN

“We Need To Demolish Mosques In Sweden”, Right-Wing Leader Jimmie Åkesson Tells Party Congress

TUESDAY, NOV 28, 2023 – 03:30 AM

Authored by Thomas Brooke via Remix News,

Swedish authorities must be handed the power to requisition and demolish mosques that are proven to be used to promote messages incompatible with Western values and the country should impose a ban on the construction of new mosques, the leader of the right-wing Sweden Democrats Jimmie Åkesson has claimed.

Speaking at a party event in the southeastern Swedish city of Vasteras on Saturday, Åkesson said that Islamic places of worship in Sweden are a breeding ground for radicalized thought and the anti-West propaganda that is infiltrating the country’s social fabric and sowing discord in Swedish communities.

“It is not a right to come to our country and build monuments to a foreign and imperialist ideology,” Åkesson told his party’s faithful.

“In the long term, we need to start confiscating and demolishing mosque buildings where anti-democratic, anti-Swedish, homophobic, or anti-Semitic propaganda or general misinformation about Swedish society is spread.

“Minarets, domes, crescents, or other attributes that serve as Islamic monuments in the cityscape should be completely removed,” he added.

Speaking to the Aftonbladet newspaper following his speech, Åkesson elaborated on his view, insisting that people should have the right to “have a gathering place if you worship a god or have a religion,” but explained that “the problem is when you force your religion on others” by “building monuments and having prayer calls. We do not think that is reasonable.”

The Sweden Democrats hold considerable influence in the country’s political landscape, propping up the center-right government of Moderate Party leader Ulf Kristersson.

The remarks will be yet another stumbling block for Sweden’s NATO accession with Islamic nations likely to condemn the latest inflammatory remarks.

Stockholm is reliant on Turkey signing off on its accession to the defense alliance, ratification that has been continuously delayed due to Ankara’s dissatisfaction with Sweden over its permittance of Quran-burning protests and its harboring of Kurdish activists Turkey believes are terrorists.

…

Read more here…

END

5 RUSSIA//UKRAINE AND MIDDLE EASTERN AFFAIRS

ISRAEL/HAMAS

THIS MORNING!!

Hamas attacks Israeli forces in Gaza amid ceasefire extension efforts

Several IDF soldiers were lightly wounded in the assaults by Hamas.

By JERUSALEM POST STAFFNOVEMBER 28, 2023 15:17Updated: NOVEMBER 28, 2023 15:33

Israel's military operates in the Gaza Strip during a temporary truce between Israel and Hamas, on November 27, 2023 (photo credit: IDF SPOKESPERSON'S UNIT) — Israel’s military operates in the Gaza Strip during a temporary truce between Israel and Hamas, on November 27, 2023(photo credit: IDF SPOKESPERSON’S UNIT)

Israeli forces in the northern Gaza Strip were targeted by three explosive devices in two separate incidents on Tuesday afternoon in violation of the ceasefire agreements between Israel and Hamas, according to the IDF Spokesperson’s Unit.

Additionally, shots were fired at Israeli forces in one of the incidents. Several soldiers were lightly wounded in the attacks and IDF soldiers responded by firing at the sources of gunfire. The IDF has stayed within the agreed-upon lines of the ceasefire, the IDF Spokesperson’s Unit stressed.

Hamas claims Israel violated ceasefire

Shortly before the IDF statement about the incident, the spokesperson for Hamas’s al-Qassam Brigades Abu Obeidah claimed that Israeli forces had committed a “clear violation” of the ceasefire in the northern Gaza Strip and that Hamas had “dealt with this violation.”

Destroyed buildings lay in ruin in Gaza, as seen from southern Israel, during the temporary truce between Hamas and Israel, November 25, 2023 (credit: REUTERS/ALEXANDER ERMOCHENKO)

“We are committed to the truce as long as the enemy has committed to it, and we call on the mediators to pressure the occupation to adhere to all the terms of the truce on the ground and in the air,” said Abu Obeidah.

Palestinian media claimed that shortly after the reported incident, Israeli fighter jets were scrambled over the Gaza Strip.

END

ISRAEL/HAMAS:

(JERUSALEM POST)

Family of Ravid Katz, believed a Gaza hostage, informed he was killed on October 7

Ravid Katz, resident of Kibbutz Nir Oz, who was believed to be a captive in Gaza, was later identified as killed in the Hamas assault of October 7, 2023 (Courtesy)

The family of Ravid Katz, who was believed to have been taken hostage, announce that they have been informed that he was killed on October 7, and his body has been identified.

Katz is the brother of Doron Katz-Asher, who was released last week along with her daughters Raz, 5, and Aviv, 2.

“Yesterday we were informed of the bitter news that Ravid Katz, the brother of my wife Doron, was killed in the events of Oct. 7,” says brother-in-law Yoni Asher in a statement.

“Ravid lived in Kibbutz Nir Oz, was a man of education, of the beautiful Land of Israel, a wonderful father to Shahar, Shira, and little Alma who is six months old, and a partner to Revital. We will always remember him.”

END

Israel receives list of hostages to be released, pause extended

11 Israeli hostages returned to Israel on Monday, bringing the total released to 66.

By JERUSALEM POST STAFF

Documentation from the moment Eitan Yahami met his mother, upon his return tonight, at the meeting point in Kerem Shalom. (photo credit: IDF SPOKESPERSON'S OFFICE) — Documentation from the moment Eitan Yahami met his mother, upon his return tonight, at the meeting point in Kerem Shalom.(photo credit: IDF SPOKESPERSON’S OFFICE)

Israel-Hamas deal: These are the 10 hostages released on Tuesday

The 10 were released as part of a two-day extension to the Israel-Hamas ceasefire.

By JERUSALEM POST STAFFNOVEMBER 28, 2023 20:37Updated: NOVEMBER 28, 2023 20:43

10 hostages released by Hamas on Tuesday, November 28, 2023 (photo credit: The Jerusalem Post) — 10 hostages released by Hamas on Tuesday, November 28, 2023(photo credit: The Jerusalem Post)

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Israel has confirmed the identities of the 10 hostages that were released Tuesday evening, after 52 days of being held captive by Hamas in the Gaza Strip. The group is made up of mainly elderly hostages and certain family members.

An additional two Thai citizens were released by Hamas on Tuesday.

Ditza Heiman

Ditza Heiman (credit: Hostage and Missing Families Forum)

Ditza Heiman, 81, lived alone on Kibbutz Nir Oz and was famous for her “grandma’s soup.” As she locked herself in the safe room during the Hamas attacks on October 7, she spoke with family members as they as they checked up on the mother of four, stepmother of three, grandmother to 20 and great-grandmother of five.

The last time contact was made with Heiman was around 10 a.m., when, at 4 p.m., someone answered her phone and began speaking in Arabic.

Tamar Metzger

Tamar Metzger, 78, was born in Tel Aviv into a Yemenite family. On October 7, along with her husband Yoram, 80, she went into their bomb shelter on Kibbutz Nir Oz as Hamas launched hundreds of rockets toward Israel.

Ofir, the Metzger’s grandson, said after the attacks that he was in touch with his grandfather via WhatsApp and that Yorem appeared to suggest everything was ok until contact was cut.

A week later, the family was told that phone tracking proved that Yoram and Tamar were in Gaza. When Yocheved Lifshitz and Nurit Yitzhak, also members of Kibbutz Nir Oz, were released from Hamas captivity on 26 October, Yocheved let the family know that she had seen Yoram and Tamar alive in Gaza.

Noralin Babadilla Agojo

Noralin Babadilla Agojo, 60, and her partner, Gidon Babani, were visiting friends in Kibbutz Nirim to celebrate its 70th anniversary when Hamas attacked. Gidon was tragically killed and Noralin was kidnapped by Hamas and taken to Gaza.

Exo, her brother, recalled later her last words to him before contact was cut: “We just wanted to celebrate. I’m shaking; maybe I won’t come home.”

Ada Sagi

Ada Sagi, 75, is a mother of three and described as a kind, peace-loving person. Born in Tel Aviv in 1948, the daughter of Holocaust survivors from Poland, Ada learned Arabic in order to make friends with her neighbors close to Kibbutz Nir Oz and later taught the language to others as a way to improve communication with the Palestinians who live on the Israel-Gaza border.

Her son Noam stated he last heard from his mother at 9:20 a.m. on October, when his mother called to say she could hear voices speaking in Arabic outside her home, after which she entered the safe room.

Ada suffers from asthma and other significant allergies and it is assumed she has had not had access to an EpiPen during her time in captivity.

Ada Sagi was preparing to travel to London to celebrate her birthday.

Merav Tal

Yair Yaakov, 59, and his girlfriend, Merav Tal, 53, were taken captive from their Kibbutz Nir Oz home during the Hamas attacks on October 7.

Yair’s two sons, Or and Yagil, 16 and 12, were not with the couple but were at their mother’s house, also on Kibbutz Nir Oz.

Merav sent a voice message at 9:20 a.m. that Hamas terrorists had entered their home and that Yair was trying to secure the door to the safe room to fend off the terrorists. That was the last time they were heard from.

Rimon Kirsht Buchshtav

Rimon Kirsht Buchshtav, 36, who worked in alternative medicine, and her husband, Yagev Buchshtav, 34, were taken hostage from Kibbutz Nirim on October 7..

The couple met in high school and married in 2021. They were hiding in the safe room of their home when Rimon messaged her family saying she saw fire and terrorists shooting outside “everywhere.” She sent her parents, who were also sheltering in nearby community, a voice message saying, ” “I love you, Mom. I’m so sorry I can’t be there with you. I love you.”

Rimon was later seen looking gaunt and without her glasses in a video of hostages released by Hamas.

Ofelia Roitman

Argentine olah, Ofelia Roitman, 77, has been held in captivity since Hamas captured her from her home on Kibbutz Nir Oz, where Ofelia has lived for the last 38 years.

Early in the morning of October 7, as Hamas terrorists reached the Kibbutz, Ofelia contacted her family and told them what was happening at the kibbutz.

At 9:37 a.m., the family received their last text message from her: “Please send help, the Palestinians are here,” she wrote.

Marman-Leimberg family

Clara Marman (credit: Hostage and Missing Families Forum)

Argentina-born Clara Marman, 62, and her partner Louis Har were hiding in their home’s safe room on October 7, together with Marman’s siblings Fernando Marman and Gabriela Leimberg, 59, and Gabriela’s daughter, Mia Leimberg, 17, attempting to keep the door to the safe room locked. They were captured and taken to Gaza by Hamas terrorists.

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Clara was a retired kindergarten teacher.

Gabriela Leimberg is the director of Eyal’s Farm, an ecological ranch for autistic adults at Kibbutz Ramat Rachel in Jerusalem.

Gabriela and Mia were down South visiting their family on the kibbutz for the Simchat Torah festival.

Gabriela Leimberg (credit: Hostage and Missing Families Forum)

Mia Leimberg (credit: Hostage and Missing Families Forum)

END

UNUSUAL FOR THIS TO OCCUR//QATARI AIRLINES LANDS IN TEL AVIV AGAIN!!

Qatari plane lands in Israel for second time in a week

By JERUSALEM POST STAFFNOVEMBER 28, 2023 11:08

For the second time in a week, an official Qatari plane landed at Israel’s Ben-Gurion Airport on Tuesday morning. Israel and Qatar have held close meetings with the Gulf state playing a crucial role in the Israel-Hamas ceasefire and the deal to release hostages held by the Gaza terror group.Israeli representatives, including high-level Mossad officials, also traveled to the Qatari capital Doha in recent weeks.ENDThen Mossad chief Barnea heads to Qatar:(Jerusalem Post)

Mossad chief heads to Qatar to meet CIA chief, Qatari officials

By JERUSALEM POST STAFFNOVEMBER 28, 2023 13:37

Mossad chief David Barnea landed in Qatar on Tuesday, where he is expected to meet with head of the CIA William Burns, Emir of Qatar Sheikh Tamim bin Hamad Al Thani and Qatari Prime Minister Mohammed bin Abdulrahman Al Thani.The meetings are reportedly related to ongoing negotiations for a ceasefire extension and the release of more Israeli hostages from Hamas captivity. Hamas is scheduled to release 10 hostages on Tuesday and a further 10 on Wednesday before the ceasefire deadline ends. endBarnea and Burns meet in Doha(Jerusalem Post)

Mossad, US spy chiefs meet Qatari PM to discuss ‘building on’ Gaza truce

The outcome of the talks, which were also attended by Egyptian officials, was unclear.

By REUTERSNOVEMBER 28, 2023 13:37Updated: NOVEMBER 28, 2023 15:44

Mossad Director David Barnea speaks during a Conference of the Institute for National Security Studies (INSS), in Tel Aviv, on September 10, 2023. (photo credit: AVSHALOM SASSONI/FLASH90) — Mossad Director David Barnea speaks during a Conference of the Institute for National Security Studies (INSS), in Tel Aviv, on September 10, 2023.(photo credit: AVSHALOM SASSONI/FLASH90)

The heads of the US Central Intelligence Agency (CIA) and Israel’s Mossad met Qatar’s prime minister in Doha on Tuesday to build on the two-day extension of a truce between Israel and the Palestinian group Hamas, a source briefed on the visit said.

The meeting was “to build on the progress of the extended humanitarian pause agreement and to initiate further discussions about the next phase of a potential deal,” the source told Reuters.

The outcome of the talks, which were also attended by Egyptian officials, was unclear, the source added.

David Barnea, head of Israel’s Mossad intelligence service, CIA Director William Burns and Qatari Prime Minister Sheikh Mohammed Bin Abdulrahman al-Thani met one day after Qatar announced the two-day extension of an original four-day truce deal in Gaza that had been due to expire overnight.

Qatar, where several political leaders of Hamas are based, has been leading negotiations between the Palestinian militant group and Israel.

William Burns, Central Intelligence Agency (CIA) director, attends his Senate Intelligence Committee hearing on Capitol Hill in Washington, February 24, 2021. (credit: TOM WILLIAMS/POOL VIA REUTERS)

The truce has brought the first respite to the Gaza Strip in seven weeks during which Israel bombed the territory heavily in response to a violent rampage on October 7 by Hamas gunmen who killed around 1,200 people and took 240 captives.

Israel has sworn to annihilate Hamas

Israel has sworn to annihilate Hamas, which rules Gaza. Health authorities in Gaza say Israel’s bombardment of the tiny, densely populated territory has so far killed more than 15,000 people, around 40% of them children.

Barnea and Burns were previously in Qatar to meet Sheikh Mohammed on Nov 9.

During the first four days of the truce, Hamas fighters released 50 Israeli women and children who had been taken hostage. In return, Israel released 150 security detainees from its jails, all women and teenagers.

As part of the two-day truce extension Hamas has agreed to release an additional 10 Israeli women and children each day.

So far, there is no indication that Hamas is willing to release any Israeli men or military personnel among those taken captive.

end

Finally the Red Cross will visit remaining hostages in Gaza as this is part of the two day extension(Times of Israel)

Backing Israeli assertion, US signals Red Cross will visit remaining hostages in Gaza

White House National Security Adviser Sullivan says he expects by end of Monday to have info on conditions of all abductees, appearing to confirm visits are part of truce deal

By JACOB MAGID 26 November 2023, 11:32 pm 8

People gather with signs for a demonstration calling upon the International Committee of the Red Cross (ICRC) to take action for the release of hostages abducted by Palestinian terrorists on October 7 and currently held in the Gaza Strip, outside the ICRC offices in Tel Aviv on November 9, 2023. (AHMAD GHARABLI / AFP)

US National Security Adviser Jake Sullivan seemed on Sunday to confirm Prime Minister Benjamin Netanyahu’s assertion that the Red Cross would visit those Gaza hostages who are not being released in the current temporary truce deal.

Asked on NBC’s “Meet the Press” whether the Red Cross has been able to see the hostages and about the condition of the 10 hostages with either US citizenship or a US Green Card, Sullivan responded that he did not currently know the conditions of all the hostages.

However, “as part of the agreement… by the end of the fourth day, that is by the end of tomorrow, we expect to have that information,” he revealed.

“It is part of the agreement that that be done by the Red Cross, and we expect that to be fulfilled,” Sullivan added, indicating that Red Cross staffers would visit the hostages and relay their conditions.

The Red Cross has repeatedly refused to confirm that it has been notified of this clause of the truce, but insists that it will visit the hostages if both parties agree that it should. Hamas has yet to publicly confirm having agreed to such visits, which Israel has repeatedly insisted is part of the deal.

The deal includes Hamas releasing at least 50 women and children kidnapped by terrorists during the October 7 massacres, in exchange for Israel freeing at least 150 security prisoners, all gradually during four days of ceasefire that can be extended by another day per 10 additional hostages released.

Also on Sunday, Sullivan was pressed on two American morning news interviews about US President Joe Biden’s response on Friday to a question about whether he supports growing calls from the far-left wing of the Democratic party to condition aid to Israel based on Jerusalem’s human rights record, particularly in the West Bank.

“That’s a worthwhile thought, but I don’t think if I started off with that we’d have ever gotten to where we are today. We have to take this one piece at a time,” Biden responded.

US National Security Adviser Jake Sullivan speaks during the daily briefing in the Brady Briefing Room of the White House in Washington, DC, on November 13, 2023.. (SAUL LOEB / AFP)

Sullivan was pressed to clarify whether Biden supports the proposal and he indicated that the president does not.

“President Biden acknowledged the idea, but he went on to say that his approach, which was high-level private diplomacy, has actually generated results,” Sullivan said, pointing to the introduction of humanitarian aid into Gaza after Israel initially blocked any from entering for the first two weeks of the war; the exit of thousands of foreign nationals from the Strip, the first pause in the fighting, which is currently in its third day; and the first major hostage release.

Pressed whether Biden might be willing to support conditioning aid to Israel in the future, Sullivan refused to answer.

The US president’s response had raised some eyebrows, as the Biden administration to date has opposed efforts to condition aid to Israel beyond stipulations that already exist in all security assistance packages, which critics claim are not applied to the Jewish state.

Sullivan also said that the Biden administration wants Israel to “learn the lessons” of its ground incursion in northern Gaza and not begin operating in southern Gaza until it can ensure that Palestinian civilians can avoid the bombing.

President Joe Biden speaks to reporters in Nantucket, Mass., on November 26, 2023. (Stephanie Scarbrough/ AP)

Speaking with CBS’s “Face the Nation, Sullivan stressed that the US still supports Israel’s plans to continue its war against Hamas once the temporary ceasefire concludes.

“Ultimately, Israel is going to want to continue to conduct military operations against Hamas, particularly [against] the leadership of Hamas [who] were the architects of this brutal, bloody massacre — the worst massacre of the Jewish people since the Holocaust,” he said, pointing to a pledge by a senior Hamas official to continue perpetrating October 7th-style massacres until Israel is defeated.

However, Sullivan reiterated that the US only approves the IDF expanding its operation to the south of Gaza “after civilians have been accounted for, have the opportunity to be in safety, have access to humanitarian assistance and to be out of the way of any military operation that is conducted.”

The stance is the latest indication that the US thinks Israel has not done enough to protect civilians, as the death toll has climbed over 14,000 in Gaza, according to the Gaza health ministry. That number, however, cannot be confirmed; moreover, the Hamas-run institution does not differentiate between civilians and terrorists and includes in its tally civilians killed by errant Palestinian rocket fire, but claims the majority of those who have been killed are women and children.

Earlier this month, Biden was asked about Israel’s operations at Gaza City’s Shifa hospital where Hamas has placed one of its command centers. Biden defended Israel’s conduct there, but revealed that he felt differently about some of the IDF’s earlier operations.

“This is a different story than I believe was occurring before, an indiscriminate bombing,” Biden said then.

On Sunday, the US president said he was hopeful that the current temporary truce would be extended so that more hostages could be released. Israel has agreed to extend the four-day truce by an additional day for every extra 10 Israeli hostages released.

Biden said he has pushed for a pause for weeks in order to get hostages out of Gaza and more humanitarian aid into the Strip. Roughly 200 trucks of aid have entered Gaza during the past three days of the truce, the president added.

He noted that “innocent children in Gaza are suffering greatly as well because of this war that Hamas has unleashed,” leading to the deaths of thousands of civilians.

“All players in the region” are looking for the Israel-Hamas war to end in a way that will see all of the hostages returned home and Hamas “no longer in control any portion of Gaza,” the president added.

Biden said a total of 58 hostages — Israelis, as well as foreign nationals released separately from the deal with Jerusalem — have now been released by Hamas during the current temporary halt in fighting, through what he called “intensive US diplomacy” by himself and administration officials working with Israel, Qatar, Egypt and others.

The US president said he hoped to see the pause extended.

“That’s my goal, that’s our goal, to keep this pause going beyond tomorrow so that we can continue to see more hostages come out and surge more humanitarian relief into those in need in Gaza.”

The truce “is delivering life-saving results,” Biden added, again stressing his plan to advance a two-state solution after the war.

AFP contributed to this report.

end

Women held hostage by Hamas in Gaza kept in cages – report

Hostages spoke out about the state of their captivity.

By JOANIE MARGULIES

posts[i].image.ImageName (photo credit: IDF SPOKESPERSON UNIT) — Aviv Asher, 2.5 years old, her sister Raz Asher, 4.5 years old, and mother Doron arrive back in Israel after being held hostage by Hamas terrorists, 24 November 2023.(photo credit: IDF SPOKESPERSON UNIT)

Women who were abducted from Israeli territory and held hostage by Hamas in Gaza were kept in cages, according to a report by Israeli media, citing a statement from a member of the Hostages and Missing Families Forum.

This claim is not the first of its kind; in the days immediately following the October 7th attacks, videos from Hamas’s Telegram channel showed child hostages being kept in cages for the majority of their time in captivity.

Hamas distributed a letter on Monday allegedly written by Danielle Aloni, was was kidnapped alongside her 5-year-old daughter Emilia and held in captivity. In the letter, written in Hebrew and translated into Arabic, she reportedly thanked Hamas for the “extraordinary humanity” provided to her daughter, who “felt like a queen.”

The letter also read, “I will forever be a prisoner of love because [Emilia] did not leave here with psychological trauma forever.” The Aloni family has not confirmed this letter nor the statements made in it, though widely distributed on social media by the Hamas terror organization.

This letter is one of many that hostages were forced to write, according to Israeli media reports.

Survivors reported being provided limited food while being held hostage, without clear reports of physical abuse or torture, though they were given minimal food. Of the small rations they received – rice and pita at best – the hostages were often left to cook the food for themselves and the children left held with them. They also said how their final two weeks had seen supplies running low.

Supplies running low

Merav Mor Munder, the cousin of Keren Munder who was released on Friday, told N12 “There were days when there were no supplies, so they only ate pita bread. They were not tortured, but there were days when they barely had any food, in the last few days they only ate very little rice.Aviva Adrienne Siegel, 62, who was released after being taken hostage during the October 7 attack by Palestinian militant group Hamas, reacts while being transported, in Ofakim, Israel, November 26, 2023 (credit: REUTERS/AMIR COHEN)

She says how one of the hostages, Hannah Katzir, who was also released, learned of her son’s murder on one of the few occasions they would be permitted to listen to Israeli radio. It was upon her own release that she learned of how her husband had also been kidnapped and remained in Gaza.

Some of the hostages spoke of their worry about last-minute attempts by Hamas or Gazans, who had thrown stones at the vehicle taking them to Egypt, to attack them before they got home. “Until the last moment we weren’t sure,” a hostage said: “We thought they would lynch us on the way to Israel.”

Sinwar visits hostages in tunnels

Hamas leader Yahya Sinwar, the man behind the planning of the October 7 massacre, spoke to Israeli hostages while they were held in Gaza, one Israeli who was released from captivity this week told her family, Israeli media reported on Monday evening.

Sinwar allegedly arrived in a tunnel where she and other hostages were being held, checked how they are, and told them in fluent Hebrew that they would not be harmed.

Israel’s Channel 12 claims that this report was verified by her investigators in Israel’s security systems.

Current concerns among Israel’s defense and military analysts relate to Sinwar’s plans for the rest of this war – namely, the exploitation of the humanitarian crisis among Palestinian civilians in order to advance Hamas’s terror goals.

Neglect at the hands of the Red Cross

After Elma Avraham, 84, was returned to Israeli custody, she was immediately airlifted for emergency medical care. Her family claimed that she was “medically neglected” by international medical organizations that failed to provide her with the immediate medical treatment she required at the time.

“My mother did not deserve to be treated like this” stated Elma’s daughter, Tal Amano.

According to Amano, her mother was the victim of a “double betrayal that began on October 7 when she was kidnapped by Hamas, and continued with the failure of international organizations that were supposed to help her in the condition that she was in at the time of her release.”

Prior to her kidnapping on October 7, Elma was in relatively good health. However, she did have some underlying health issues that required medication.

“No one from the international organizations bothered to create a list with the medications she required,” her daughter continued.

“Clalit [an Israeli medical health fund] was the one who fought for us. It delivered the medication that Elma required to my brother in person. Yet, when my brother attempted to pass on the medication to a Red Cross representative at a meeting they held together, he was told no, they cannot do that.”

Elma’s family returned to the Red Cross building a few days after and were once again rejected.

“My mother should not have come back like this. What is the Red Cross there for? What is the UN Women organization for?” Tal demanded to know.

Dr. Nadav Davidovitz, who is currently treating Elma, said “We were in meetings with the Red Cross and asked them to make every effort to bring the medications to her, because some hostages are just dying. From a medical and nursing standpoint, what we witnessed is unlawful neglect.”

Keshet Neev and Jerusalem Post Staff contributed to this report.Go to the full article >>END(Times of Israel)

END

IDF: Hamas abducted Bibas family, including baby, handed them to other terror group

Relatives of 10-month-old Kfir, 4-year-old Ariel and parents Shiri and Yarden say they feel ‘great uncertainty’ as it appears mom and kids may not be released during current truce

By TOI STAFFToday, 9:01 am 0

The Bibas family, father Yarden, mother Shiri, baby Kfir and four-year-old Ariel were taken captive by Hamas terrorists on October 7, 2023 from Kibbutz Nir Oz (Courtesy)

The Bibas family, including baby Kfir who is now 10 months old, was transferred by Hamas to another Palestinian terror group in Gaza, the military said Monday, dampening hopes of their release during the current truce.

Kfir was kidnapped from Kibbutz Nir Oz along with his 4-year-old brother Ariel and parents Yarden, 34, and Shiri, 32, when terrorists rampaged through southern communities on October 7, murdering at least 1,200 people, mostly civilians in their homes and at a music festival, and abducting some 240.

On X, IDF Arabic-language spokesman Avichai Adraee said the family had been subsequently transferred to another Palestinian terror faction in Gaza and is currently being held in the southern Gaza city of Khan Younis. It was unclear exactly when the transfer occurred or which faction was holding them.

“Children and babies under the age of one who have not seen the light of day for more than fifty days are being held captive by Hamas, [who] treats some of them like loot and in some places has transferred them to other terrorist organizations in the Gaza Strip,” Adraee wrote.

The transfer to another group could reduce the likelihood the family will be released under the terms of the ceasefire’s two-day extension, which is supposed to see another 20 Israeli hostages freed in exchange for 60 Palestinian inmates.

Most of the October 7 hostages were taken by Hamas, and most of those released have been released by Hamas, the terror group that rules the Strip. However, Hanna Katzir and Yagil Yaakov, who were held by the Palestinian Islamic Jihad terror group, have been freed as part of the temporary truce deal agreed to by Israel and Hamas.

“We are currently experiencing moments of great uncertainty,” relatives of the Bibas family said in a statement in response to the announcement.

“The realization that we will not receive the hug we longed for so much now leaves us speechless. We are happy for the families united with their loved ones. We won’t stop the fight for the return of our loved ones to Israel. Thank you all for the support,” they wrote.

The family has become one of the most recognizable hostages, with baby Kfir as the youngest among the captives, demonstrating the extent of Hamas’s cruelty.

On the day of their capture, a video circulated of Shiri, holding her children in her arms, a look of terror on her face as she was surrounded by terrorists, her boys facing her chest, a blanket covering them.

There was also a video of Yarden, injured with blood on his head, surrounded by terrorists.

File: Ofri Bibas Levy wears a shirt with her brother, sister-in-law and their two children, age 4 and 10 months held hostage in Gaza, in Tel Aviv, Tuesday, Nov. 21, 2023. (AP/Ariel Schalit)

Eleven Israeli children and mothers were released from Hamas captivity Monday night, as intense diplomatic efforts resulted in the extension of the ceasefire, which began Friday, for two more days.

That group was originally slated to be the last of four scheduled groups of hostages freed as part of a deal for the release of 50 Israeli women and children kidnapped by the Hamas terror group on October 7.

Israel agreed to free 150 Palestinians serving time in Israeli prison for security offenses as part of the initial truce and released 33 women and young men to the West Bank and East Jerusalem on Monday night.

These are the nine Israeli children and teens who remain hostage in Gaza after the fourth day of the truce.

Kfir Bibas, 10 months

end

IDF releases names of three soldiers killed in Hamas captivity

By JERUSALEM POST STAFFNOVEMBER 28, 2023 17:25Updated: NOVEMBER 28, 2023 17:43

The IDF released on Tuesday the names of three soldiers who were killed on October 7 and their bodies were taken by Hamas.

The soldiers were identified as Tomer Yaakov Ahimas, 20, Kiril Brodski, 19, and Shaked Dahan, 19.

end

Do not blame him for refusing to leave!

(Jerusalem Post)

Released Palestinian terrorist refuses to leave Israeli jail

Abu Sanima was released to the Gaza Strip to begin his life anew in Rafah, despite a lack of a salary from local authorities.

By JERUSALEM POST STAFFNOVEMBER 28, 2023 16:14Updated: NOVEMBER 28, 2023 16:39

IDF with Palestinian demonstrators during a rally in solidarity with six Palestinian prisoners who managed to esacpe from an Israeli prison a few days ago, in Hebron, September 9, 2021. (photo credit: WISAM HASHLAMOUN/FLASH90) — IDF with Palestinian demonstrators during a rally in solidarity with six Palestinian prisoners who managed to esacpe from an Israeli prison a few days ago, in Hebron, September 9, 2021.(photo credit: WISAM HASHLAMOUN/FLASH90)

One of Sunday’s released terrorists, Alaa Abu Sanima, refused his dismissal from Israel and prison, according to a report by KAN News.

Avishai Greenzeig reported that the released terrorist refused to be released because he would not receive payment or salary from the Palestinian Authority. Though he tried, he was unsuccessful in his attempts to remain.

Did the prisoner remain in Israel?

Abu Sanima was released to the Gaza Strip to begin his life anew in Rafah, despite a lack of a salary from local authorities.

A Palestinian prisoner, convicted of security offences against Israel, looks out of his cell at Nitzan jail (credit: REUTERS/NIR ELIAS)

He was one of the 39 released prisoners who have been charged with terrorism and other security-related offenses.

“Most of the prisoners were released from the Ofer prison and the Jerusalem Detention Center,” The Shin Bet (Israel Security Agency) reported, “with the exception of a prisoner from Gaza who was released at the Kerem Shalom crossing.”

Musk Offers To Help Rebuild A Deradicalized, “Prosperous” Gaza After Touring Ravaged Kibbutz With Netanyahu

MONDAY, NOV 27, 2023 – 11:25 AM

Elon Musk showed up in southern Israel on Monday at the personal invitation of Prime Minister Benjamin Netanyahu, where he was given a tour of an Israeli kibbutz left desolate by the Oct.7 Hamas terror raids.

Musk while on a tour of Kfar Aza heard details from Israel Defense Forces (IDF) troops of the massacres in the kibbutz. Israeli media has described it as a scene of “horrors”—one among more than 20 communities ravaged, where in some cases entire families were butchered. Musk later in the day said it was “it was jarring to see the scene of the massacre.”

Musk heard briefings and personal stories both of tragedy and heroism, including the story of kidnapped Israeli-American toddler Avigail Idan, who turned 4 in captivity but was released Sunday as part of the third round hostage swap between Hamas and Israel. Her parents were murdered directly before her eyes, with accounts saying her dad was holding her when he was shot.

After also being shown a short film of the Hamas attacks, Musk commented that it was “troubling” to see the “to see the joy experienced by people that were killing innocent civilians.”

As part of Musk’s visit, he and PM Netanyahu held a live talk via X Spaces (recently known as Twitter Spaces) wherein the prime minister repeated his call for Hamas to be destroyed. Musk responded, “There’s no choice,” and said after touring ravaged kibbutzes: “I’d like to help as well.” The full section of that exchange is below:

Netanyahu laid out that his main priority is to neutralize Hamas, after which he will turn to rebuilding Gaza: “You first have to get rid of this poisonous regime.”

Musk agreed and offered to be involved in the post-war recovery.

“I think that makes perfect sense that those who are intent on murder must be neutralized, then the propaganda must stop … and then making Gaza prosperous,” Musk said.

“Well, I hope you’ll be involved,” Netanyahu responded.

“I’d love to help,” Musk said.

In statements which are likely to prove controversial, particularly to the pro-Palestinian side, Musk also voiced that civilian casualties are “unavoidable” and generally appeared to back Israel’s position that it is trying hard to avoid them while seeking to target only terrorists.

Lately Israeli officials have tried to make controversial historical comparisons to WWII, which hasn’t always gone well in Western media encounters at a moment the Palestinian death toll has reached the grim milestone of 15,000 killed. Musk said in the Spaces chat:

“You need to pair firmness and taking out the terrorists and those intent on murder, and at the same time help those that remain, which is what happened in Germany and Japan,” he adds.

“Usually the victor punishes the loser,” he continues, and points to the rehabilitation of Germany and Japan by the allies after World War II as examples of how reconstruction efforts after a major war and a clear-cut victory helped secure peace for a long period of time.

Musk’s visit comes during the last day of a four-day agreed upon Israel-Hamas truce which is set to end, but there are reports that it could get extended by at least two more days, during which time more hostages would be released, and more Palestinians freed from Israeli prisons.

As for ways that Musk might help Gaza, particularly in a future post-war and reconstruction phase, he’s said that already an agreement in principle has been reached for using SpaceX’s Starlink communications in the Gaza Strip. He said last month that it could “support connectivity to internationally recognized aid organizations in Gaza” after much of it went dark amid the Israeli bombing campaign.

There’s as yet been no public confirmation of the deal from Musk or SpaceX. Additionally, on Monday Israeli communications minister Shlomo Karhi posted on X that Musk had “reach[ed] a principle understanding” with the ministry, and that Israel must give approval for Starlink to operate. “Starlink satellite units can only be operated in Israel with the approval of the Israeli Ministry of Communications, including the Gaza Strip,” Karhi said.

Currently, US media reports have been alleging widespread antisemitism on X – and have sought to highlight Musk’s own personal interaction with posts on the platform, resulting in some major advertisers to exit.

But Musk’s invitation to Israel, where he’s also slated to meet President Isaac Herzog later in the day, begs the question: if Musk is “antisemitic” – as his detractors and enemies claim – why would the Jewish state readily invite him for such a high-level visit where the prime minister takes him on a personal tour? As if admitting and underscoring the discrepancy and glaring contradiction, those same voices are now lashing out at the Israel government for hosting the official trip.

end

It is always three nations in Europe against Israel” Spain, Ireland, Malta, Luxembourg and Belgium.

Time for a change!

(Jerusalem Post)

Time for a diplomatic push against ceasefire pressure that would keep Hamas standing – analysis

With the cannons temporarily silent, this is the hour for a full-court Israeli diplomatic press in Europe to make it clear why Israel cannot agree to a ceasefire now, with Hamas still standing.

By HERB KEINONNOVEMBER 26, 2023 22:26Updated: NOVEMBER 26, 2023 22:33

Spanish Prime Minister Pedro Sanchez attends a joint news conference with Brazil's President Luiz Inacio Lula da Silva, at Moncloa Palace in Madrid, Spain April 26, 2023. (photo credit: REUTERS/JUAN MEDINA) — Spanish Prime Minister Pedro Sanchez attends a joint news conference with Brazil’s President Luiz Inacio Lula da Silva, at Moncloa Palace in Madrid, Spain April 26, 2023.(photo credit: REUTERS/JUAN MEDINA)

It is safe to say that no one in the Prime Minister’s Office or the Foreign Ministry fell off their chairs when they heard the most recent comments by the prime ministers of Spain, Belgium, and Ireland regarding the Israel-Hamas war.

Spanish Prime Minister Pedro Sánchez, who held a bizarre press conference at Rafah with his Belgian counterpart Alexander De Croo minutes before the first 13 Israeli hostages were to be released on Friday, called for a permanent ceasefire and said that if the EU does not recognize a Palestinian state, Spain might do so unilaterally on its own.

In other words, some 3,000 Hamas terrorists invade Israel, murder, rape, burn, mutilate, and plunder, and their reward from Spain will be to be recognized as an independent state.

At that press conference before the hostage release, which the Spanish and Belgian leaders had no reason to call, because they had nothing to do with the negotiations that led to the deal, the Belgian prime minister also had his own vacuous pearls of wisdom.

“We cannot accept a society is destroyed the way the society of Gaza is being destroyed,” he said, without stating clearly that it is Hamas that has been destroying Gaza. He then launched into some la-la-land-like rhetoric about “One day people will need to talk to each other, and a political solution is the only solution that is possible.”

Ireland's Prime Minister Leo Varadkar speaks to the media at the European Political Community summit, in Granada, Spain October 5, 2023. (credit: REUTERS/JON NAZCA) — Ireland’s Prime Minister Leo Varadkar speaks to the media at the European Political Community summit, in Granada, Spain October 5, 2023. (credit: REUTERS/JON NAZCA)

As if any kind of political agreement is possible if Hamas is still standing after this war.

And then there was Irish Prime Minister Leo Varadkar, who welcomed the return of dual Irish-Israeli citizen Emily Hand by posting on X that “an innocent child who was lost has now been found and returned.”Advertisement

In Varadker’s telling, it is as if nine-year-old Emily went to a crowded beach with her family, got separated for a while from her parents, and was later returned by a benevolent lifeguard, not that she was barbarically ripped away from family and home and held as a hostage for 51 days by Hamas terrorists.

Why couldn’t the Irish prime minister utter that awful truth? Because to do so would be to undermine the false narrative that his government and Irish governments and various Irish political parties have been peddling for years about defenseless Palestinians being oppressed by ruthless and heartless Israelis and “settlers.”

So, why was no one surprised by these comments in Jerusalem? Because they were coming from the usual suspects. For decades now, these three countries, along with others such as Portugal, Malta, and Luxembourg, have led a blindly pro-Palestinian faction inside the EU.

Their recent comments prove the dictum: old habits die hard. But the EU itself is proof that sometimes old habits do die. For instance, looking back at the EU over the last 25 years, it is impossible not to see changes inside the EU when it comes to Israel.

Change is possible

If in the past, countries like Belgium, Ireland, and Spain used to easily get condemnations of Israel passed in EU forums, now it is more difficult as countries such as the Czech Republic, Austria, Hungary, and even Germany will block such moves. Which is why Sánchez said that if the EU does not recognize “the state of Palestine” – something that won’t happen – Spain may do so unilaterally.

If Spain does unilaterally recognize a Palestinian state, it won’t be the first EU country to do so. Sweden was the first to do so in October 2014, in a move that infuriated Israel and sent bilateral ties between the two countries into a tailspin.

Today, however, things have changed, and Sweden – once among Israel’s greatest detractors inside the EU – is, as a result of a government change there that brought a right-wing government into power, now among Israel’s supporters in the EU.

Change is possible – just look at Cyprus and Greece, who a couple of decades earlier had attitudes toward Israel similar to those of Ireland, Belgium, and Spain today, yet now are among Israels strong allies.

Attitudes in Spain and Belgium could change, though it is doubtful this will happen anytime soon. In the meantime, it will be interesting to watch and see whether other EU countries follow Spain and Belgium’s lead and call now for an immediate and permanent ceasefire in Gaza.

If the current truce is extended to allow for further hostage releases, there will be intense public pressure in Europe to stop the war, as images of the destruction inside Gaza continues to flood European news channels. Israel quickly responded to the statements of the Irish, Belgian, and Spanish leaders, with both Prime Minister Benjamin Netanyahu and the Foreign Ministry decrying them, and the Foreign Ministry calling in the ambassadors of those countries to clarify those remarks.

Israel signaling its complete opposition to talk of a permanent ceasefire now is something the country will increasingly need to do if it hopes to continue the military offensive against Hamas.

With the cannons temporarily silent, this is the hour for a full-court Israeli diplomatic press in Europe to make it clear why Israel cannot agree to a ceasefire now, with Hamas still standing.

One of Israel’s talking points in trying to secure Western legitimacy for continuing to wage its war against Hamas is to say that, if Israel does not knock out this ISIS-like terrorist organization, then its fanatical brand of Islamist jihad ideology will spread. Or, as Foreign Minister Deputy Director-General for Europe Daniel Meron said in a Kan Bet interview on Sunday, “The West is next.”

And he’s right.

But there is also another strong argument for wiping out Hamas’s military capabilities that will resonate now that many in the world are saying that the October 7 attack and the Hamas-Israel war show the need to find a political solution to the Israeli-Palestinian conflict: No political solution will ever be possible as long as Hamas and its sister terrorist organizations remain a factor in Palestinian society.

It just won’t happen. They don’t want peace with Israel, ever. And after October 7, it is a pipe dream to believe that Israel will be willing to make concessions to Hamas until it is eradicated as a military threat.

end

UKRAINE/RUSSIA

Manpower shortages as checkpoints have been created to catch draftdodgeers

(zerohedge)

Manpower Now Ukraine’s Biggest Problem As Checkpoints Cast Dragnet For Conscripts

TUESDAY, NOV 28, 2023 – 04:15 AM

Ukraine has remained resistant to the prospect of negotiating a ceasefire with Russia, given it would require territorial concessions—but its military problems have compounded and become increasingly openly known.

The Financial Times has reported that the Ukrainian military’s manpower shortages are such that the Zelensky government has set up checkpoints to aid in tracking down potential draft evaders.

Older men have increasingly been showing up on the front lines, which has also long been an open secret, but now the military is calling on men who had previously been exempt from service based on medical waivers.

“To help fill the ranks, Ukrainian officials have set up roadside checkpoints to seek men evading the draft.” The FT report continues, “If they are deemed fit, they are whisked off to draft offices. Online videos of recruitment officers picking men off the streets and forcing them into minivans have gone viral.”

Thus it appears a military “medical exam” will be administered in the streets. But tragically, this is yet another grim indicator of the immense casualties Ukraine has suffered after almost two years of war. The report provides an example of how bad things have gotten in the following anecdote:

The others had received mobilization notices. Two said medical conditions had previously prevented them from serving: one cited brain damage from a freak accident, the other metal plates in his spine. The fourth — Yevhen, a 42-year-old sales manager with no military experience — said: “I’m not going to hide, but I honestly don’t know what I can contribute.”

The meagre queue was a far cry from the thousands of volunteers who lined up at recruitment centres following Russia’s full-scale invasion of Ukraine in February last year.

Commander of the armed forces, General Valeriy Zaluzhnyi, told FT of ongoing struggles to establish and train a proper reserve force: “However, our capacity to train reserves on our own territory is also limited,” he said. “We cannot easily spare soldiers who are deployed to the front, [and] Russia can strike training centers. And there are gaps in our legislation that allow citizens to evade their responsibilities.”

At a moment the average age of Ukrainian soldiers is 30-40 instead of the usual 18 to mid-20s, the Ukrainian government is offering high pay for anyone still willing to join.

“Soldiers who spend a full month on the front lines are being paid more than $3,000 a month — a high salary in Ukraine, where average pay is less than $500 a month, and much more than the $650 paid for troops in support roles in the rear,” FT notes.

Previously, we detailed how NATO trainers and military advisers working with Ukrainian troops in Europe and the UK are fearful of becoming too close to their trainees given the high death rate for those thrust into the war. Tens of thousands of Ukrainians have been trained under the program.

One French trainer described to the Associated Press, “You have to burn bridges because otherwise you ask yourselves too many questions. When you find out that this or that person is dead, you’re bound to ask yourself what you did wrong: ‘Did we work enough on this or that tactic? Should I have insisted more on this point?'”

END

GLOBAL VACCINE/COVID ISSUES

ROBERT H. TO US:

A SYSTEMATIC REVIEW OF AUTOPSY FINDINGS IN DEATHS AFTER COVID-19 VACCINATION

In reading this one questions the moral degradation of Political leadership to foster such conduct upon citizens of nations.
Trust is falling in most governments to act for the benefit of citizens and with this fall in trust globally violence and rebellion and civil unrest is occurring and many countries swing towards the right. However this is only a a trends towards complete governmental change that will occur over the next 5-7 years. Whatever comes forth will be quite different than what exists today.

https://zenodo.org/records/8120771

END

DR PAUL ALEXANDER:

Pneumonia in children in China as reported in media with hospitals at the brink: yet could this be due to ramifications of prolonged lockdowns? The insane ZERO-COVID policy of China? COVID vaccines?

Could this be due to subverted suppressed BROKEN immune systems due to the COVID vaccines? Could these children now have immune systems damaged enough to leave them at risk? Multiple boosts?

DR. PAUL ALEXANDERNOV 28

READ IN APP

We cannot leave lockdowns or vaccines off the table as we consider what is happening here and even as we think about if such pneumonia, if this is being reported accurately, could vist the US. Would American children respond same? Is this impaired immune system development and training of innate immune systems in children? Subverted innate antibodies, natural killer cells?

Reports are that Chinese hospitals are at a breaking point as new pneumonia strain causes 24/7 queues; the CDC & US health officials are AWOL thus far on this reported pneumonia; why is this? Reports

SLAY NEWS

The latest reports from Slay News

WEF Bureaucrat Calls for Military to Vaccinate Public: ‘No Science’A powerful European Union (EU) bureaucrat has called on governments around the world to stop trying to explain “the science” to their citizens and start using the military to vaccinate the public instead.READ MORE

Natural Immunity Far More Effective against Covid than Vaccines, Study Finds A new peer-reviewed study has confirmed that natural immunity to COVID-19 provides far greater protection from the virus than mRNA vaccines.READ MORE

Germany Starts Policing Borders, Illegal Immigration Plummets Germany’s illegal immigration numbers have plummeted just weeks after the European nation started policing its borders.READ MORE

New San Francisco Resident Expresses Shock over Crime, Homelessness: ‘This Is a Disgrace’A man who recently moved to San Francisco has revealed the shock he has felt after moving to the crime-infested Democrat-led California city.READ MORE

Democrat Presidential Candidate Dean Phillips: ‘It’s Delusional’ to Think Biden Can Beat Trump Rep. Dean Phillips (D-MN), a Democrat 2024 presidential candidate, has warned that it is “delusional” to believe that President Joe Biden could beat President Donald Trump in next year’s election.READ MORE

Tom Cotton Calls for ‘Massive Retaliation’ against Iran over Terror Attacks on U.S Military Republican Sen. Tom Cotton (R-AR) has called for America to respond to Iranian-backed terrorist attacks on U.S. military forces with a “massive retaliation” against Iran.READ MORE

Biden Apologizes to Muslim Leaders for Questioning Death Tolls Provided by Hamas Democrat President Joe Biden has issued a groveling apology to Muslim-American leaders after he publicly questioned the accuracy of death toll figures for Gaza that were provided by the Islamic terrorist group Hamas.READ MORE

Trump Comments on Collapse of Deal for Sale of Forbes: ‘Pathetic Outlet of Fake News’President Donald Trump has commented on why he believes the sale of Forbes has reportedly fallen through.READ MORE

Mitt Romney Says He Would Vote Democrat in 2024 Republican Sen. Mitt Romney (R-UT) has admitted that he may vote for a Democrat in the 2024 presidential election.READ MORE

Biden Is Shedding Support from Black Voters President Joe Biden is rapidly losing the support of black voters – one of the Democrats’ key voting demographics.READ MORE

Registered Sex Offender Set Free in New York, Re-Arrested for Murder A registered sex offender with felony convictions was set free on parole in New York, only to be later arrested for murder over a fatal double shooting.READ MORE

EVOL NEWS

NEWS ADDICT

LATEST REPORTS FOR NEWS JUNKIES

Elon Musk Warns Bill Gates Is Developing AI to Control ‘Every Facet’ of Human Life X owner Elon Musk is raising the alarm about Bill Gates’ disturbing plans for artificial intelligence (AI).READ THE FULL REPORT

Nancy Pelosi’s Daughter Secretly Filmed Boasting Jan 6 Was a Hoax Former House Speaker Nancy Pelosi’s daughter has been caught on a hidden camera boasting that Jan. 6 was a hoax orchestrated by Democrat operatives.READ THE FULL REPORT

Americans Will Soon Face Travel Restrictions Based on ‘Personal Carbon Allowances,’ Experts Warn Experts suggest a reduction of more than 85% in your standard of living, especially in the US.READ THE FULL REPORT

Trump’s Legal Team Drops Hammer on Biden’s DOJ, Submits Flurry of Legal Motions to Dismiss The Trump legal team is fed up with the Biden Department of Justice. Now, they are letting it rip in a number of legal motions.READ THE FULL REPORT

Derek Chauvin’s Mother Breaks Silence, Reveals She Found Out About His Stabbing Through the Media, Prison Staff Never Contacted Her Derek Chauvin’s mother states that the prison did not reach out to her or any other family members within the first 24 hours after her son was stabbed and sustained serious injuries.READ THE FULL REPORT

MICHAEL EVERY/PHIL MAREY/OR OTHER EXECS //RABOBANK

END

7//OIL ISSUES//NATURAL GAS ISSUES//ELECTRICAL GRID ISSUES// RENEWABLE ENERGY ISSUES//USA AND GLOBE

Oil Slides On Fresh OPEC+ Discord Headlines

TUESDAY, NOV 28, 2023 – 08:25 AM

What would an OPEC+ meeting week be without the parade of strawman, market-testing headlines dropped to gauge traders’ stress levels.

OPEC is set to hold an online meeting on Thursday, ahead of OPEC+ meeting later in the day to decide future oil production policy, a source said according to Reuters.

The meeting, which was postponed two days ago, is rescheduled at 4:00 PM KSA on Thursday according to a draft agenda seen by the news agency.

This morning, Reuters reports that, according to four sources:

“talks are difficult” (well, no news there)
“a further delay is possible” (possible… not probable)
“policy rollover is a possibility” (that’s the kicker, we suspect, as bulls are clearly hoping for more cuts)

The reaction was swift from the algos…

We await the denials – or confirmations.

END

8. EMERGING MARKETS//AUSTRALIA NEW ZEALAND ISSUES//

ARGENTINA

Argentina Will Now Run A Very Pro-Israel And Pro-US Foreign Policy

TUESDAY, NOV 28, 2023 – 09:50 AM

By Michael Every of Rabobank

Nu, so it doesn’t whistle

I start today by referring readers to two classic Jewish jokes. The first has the punchline, “That’s funny, you don’t look Jewish.” The second ends, “Is that all you people ever think about?” Together, they are a warm-up for the not-a-joke Bloomberg headline that ‘Milei’s Conversion to Judaism Seals Pro-Israel Push by Argentina’, replete with a picture of the eccentric new president-elect wearing a kippah after seeing a Chabad rabbi in New York. Although Bloomberg is unclear about when Milei chose to convert, Tablet magazine noted weeks ago that he began, but hasn’t completed, a formal conversion in 2021 after starting “to read the Torah as part of his nerdy approach to economic theory.” Well, if he’s looking for nerdy economists, Milei has come to the right place: the list of (not a real) Nobel Prize Laureates for Economics does the talking, even if he hates what nearly all of them have to say given his libertarian views.

(I can also report the initial collated ‘Home Team’ reaction to the above news is: ‘How nice to have some support; let’s hope he drops the meshuga schtick; and that he knows what he’s doing, because we need another problem right now like a hole in the head – don’t you know there’s enough antisemitism that Elon Musk needs to be seen in Israel, and 105,000 people just marched against it in London, the largest such protest since the 1930s?’)

Argentina will clearly now run a very pro-Israel and US foreign policy, a stark contrast to the rest of Latin America and, with the exception of India, most of the Global South. Indeed, Buenos Aires is officially dropping out of the BRICS11 – and, geopolitically, what is it going to drop into instead? That remains to be seen. So does what happens when the Israel-Hamas ceasefire, now extended to Thursday, ends; and with inflation and rates in 2024; and with all the key elections; and all that as Hal Brands warns of a global future of “small ‘hot’ wars” as big as Vietnam or Korea(!) that will define our new, Cold War 2.0; and as both OPEC+ and COP28 meetings loom, with possible further commitments to reductions in oil supply and staggering climate spending.

Against this all, traditional econometrics; markets thinking rate cuts loom, and are the answer to our problems if they do; Chinese banks extending unsecured loans to bail out struggling developers to complete housing units that nobody will buy; and crypto websites reporting the UAE has stopped using the USD for oil trades when its own currency is pegged to the USD, all reminds me of the logic of Chelm, the apocryphal Ashkenazi Jewish hometown of fools.

A man in Chelm once thought up a riddle nobody could answer: “What’s purple, hangs on the wall and whistles?” When everybody gave up, he announced the answer: a white fish.

“A white fish?” people said. “A white fish isn’t purple.”

“Nu,” replied the jokester, “this white fish was painted purple.”

“But hanging on a wall? Who ever heard of a white fish that hung on a wall?”

“Aha! But this white fish was hung on the wall.”

“But a white fish doesn’t whistle,” somebody shouted.

“Nu, so it doesn’t whistle.”

It might behove Milei, and the rest of our global leaders at the Chelm, to focus on what does and doesn’t really whistle before the crowds start cheering and booing. Because nobody is laughing.

END

CANADA

Alberta stands up for Alberta’s residents

Actually provinces have more rights than the Federal Government. As Canadians we should applaud her for standing up for all Canadians. She is correct in sustaining growth within the province. Too many provinces and countries have lost sight of why growth is important and consequently you can actually watch Capital Outflows from those places choosing not to grow.
Money will go where growth is and not where contraction occurs. It is that simple.

https://youtu.be/iSqFxWiB_iY

END

YOUR EARLY CURRENCY/GOLD AND SILVER PRICING/ASIAN CLOSING MARKETS AND EUROPEAN BOURSE OPENING AND CLOSING/ INTEREST RATE SETTINGS TUESDAY MORNING 7;30AM//OPENING AND CLOSINGS

EURO VS USA DOLLAR: 1.0949 DOWN 0.0009

USA/ YEN 148.64 UP .224 NOW TARGETS INTEREST RATE AT 1.00% AS IT WILL BUY UNLIMITED BONDS TO GETS TO THAT LEVEL…//YEN STILL FALLS//

GBP/USA 1.2612 DOWN 0.0022

USA/CAN DOLLAR: 1.3597 DOWN 8 (CDN DOLLAR UP 8 BASIS PTS)

Last night Shanghai COMPOSITE CLOSED UP 6.85 PTS OR 0.23%

Hang Seng CLOSED DOWN 170.92 PTS OR 0.98%

AUSTRALIA CLOSED UP .42% // EUROPEAN BOURSE: MOSTLY RED EXCEPT SPAIN

Trading from Europe and ASIA

I) EUROPEAN BOURSES: MOSTLY RED EXCEPT SPAIN

2/ CHINESE BOURSES / :Hang SENG DOWN 170.92 PTS OR 0.98%

/SHANGHAI CLOSED UP 6.85 PTS OR 0.23%

AUSTRALIA BOURSE CLOSED UP 0.42%

(Nikkei (Japan) CLOSED DOWN 39.28 PTS OR 0.12%

INDIA’S SENSEX IN THE GREEN

Gold very early morning trading: 2012.30

silver:$24.56

USA dollar index early TUESDAY morning: 103.16 UP 6 BASIS POINTS FROM TUESDAY’s CLOSE.

TUESDAY MORNING NUMBERS ENDS

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And now your closing TUESDAY NUMBERS 11: 30 AM

Portuguese 10 year bond yield: 3.149% DOWN 5 in basis point(s) yield

JAPANESE BOND YIELD: +0.752% DOWN 2 AND 2//100 BASIS POINTS /JAPAN losing control of its yield curve/

SPANISH 10 YR BOND YIELD: 3.494 DOWN 5 in basis points yield

ITALIAN 10 YR BOND YIELD 4.248 DOWN 5 points in basis points yield ./ THE ECB IS QE’ ING ITALIAN BONDS (BUYING ITALIAN BONDS/SELLING GERMAN BUNDS)

GERMAN 10 YR BOND YIELD: 2.4945 DOWN 6 BASIS PTS

END

IMPORTANT CURRENCY CLOSES FOR TUESDAY

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

Euro/USA 1.0979 UP 0.0022 or 22 basis points

USA/Japan: 147.77 DOWN .641 OR YEN UP 64 basis points/

Great Britain/USA 1.2682 UP 0.0048 OR 48 BASIS POINTS //

Canadian dollar UP .0028 OR 28 BASIS pts to 1.3578

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The USA/Yuan, CNY: closed ON SHORE CLOSED (UP) …7.1473

THE USA/YUAN OFFSHORE: (YUAN CLOSED (UP)…. (7.1428)

TURKISH LIRA: 28.91 EXTREMELY DANGEROUS LEVEL/DEATH WATCH/HYPERINFLATION TO BEGIN.//ON DEATH WATCH

the 10 yr Japanese bond yield at +0.752…VERY DANGEROUS

Your closing 10 yr US bond yield DOWN 3 in basis points from MONDAY at 4.356% //trading well ABOVE the resistance level of 2.27-2.32%) very problematic

USA 30 yr bond yield 4.530 DOWN 0 in basis points ON THE DAY/12.00 PM

USA 2 YR BOND YIELD: 4.786 DOWN 10 BASIS PTS.

Your 12:00 AM bourses for Europe and the Dow along with the USA dollar index closing and interest rates: TUESDAY: CLOSING TIME 12:00 PM

London: CLOSED DOWN 5.46 POINTS or 0.07%

German Dax : CLOSED UP 26.30 PTS OR 0.16%

Paris CAC CLOSED DOWN 15.36 PTS OR 0.21%

Spain IBEX UP 67.30 PTS OR 0.68%

Italian MIB: CLOSED UP 34.45 PTS OR 0.12%

WTI Oil price 76.91 12: EST

Brent Oil: 81.92 12:00 EST

USA /RUSSIAN ROUBLE /// AT: 89,44; ROUBLE DOWN 0 AND 64//100

GERMAN 10 YR BOND YIELD; +2.4945 DOWN 6 BASIS PTS

UK 10 YR YIELD: 4.2096 DOWN 18 BASIS PTS

CLOSING NUMBERS: 4 PM

Euro vs USA: 1.0985 UP 0.0027 OR 27 BASIS POINTS

British Pound: 1.2691 UP .0056 or 56 basis pts

BRITISH 10 YR GILT BOND YIELD: 4.220% DOWN 12 BASIS PTS//

JAPAN 10 YR YIELD: .752%

USA dollar vs Japanese Yen: 147,47 DOWN .945 //YEN UP 95 BASIS PTS//

USA dollar vs Canadian dollar: 1.3577 DOWN 0.0028 CDN dollar UP 28 basis pts)

West Texas intermediate oil: 76.04

Brent OIL: 81.59

USA 10 yr bond yield DOWN 6 BASIS pts to 4.3310%

USA 30 yr bond yield DOWN 1 BASIS PTS to 4.514%

USA 2 YR BOND: DOWN 12 PTS AT 4.748 %

USA dollar index: 102.70 DOWN 40 BASIS POINTS

USA DOLLAR VS TURKISH LIRA: 28.90 (GETTING QUITE CLOSE TO BLOWING UP/

USA DOLLAR VS RUSSIA//// ROUBLE: 89.44 DOWN 0 AND 64/100 roubles

GOLD 2041.50 3:30 PM

SILVER: 25.02 3:30 PM

DOW JONES INDUSTRIAL AVERAGE: UP 83,51 PTS OR 0.24%

NASDAQ UP 43.48 PTS OR 0.30%

VOLATILITY INDEX: 12.58 DOWN .11 PTS (0.87)%

GLD: $189.44 UP 2.49 OR 1.33%

SLV/ $22.56 UP .36 OR 1.60%

end

USA AFFAIRS

Waller Whacks The Dollar: Dovish Fed-Hawk Sparks Bid For Bullion, Bonds, & Bitcoin

TUESDAY, NOV 28, 2023 – 04:00 PM

Another day, another set of weaker data with Case-Shiller home-prices rising at their slowest rate since March, ugly downward revisions in the Conference Board consumer confidence data (and labor market weakness), and Richmond Fed Manufacturing and Dallas Fed Services showing anything but resilience as the temporary highs of Bidenomics’ spending spree come crashing back to earth…

Source: Bloomberg

But it was FedSpeak that prompted initial movement today.

Historically one of the more hawkish Fed members, Governor Christopher Waller said he’s encouraged by a recent slowing of economic activity, which may indicate the central bank’s policy is tight enough to contain inflation that still remains too high.

“I am increasingly confident that policy is currently well positioned to slow the economy and get inflation back to 2%,” Waller said Tuesday in prepared remarks for an event at the American Enterprise Institute in Washington.

“I am encouraged by what we have learned in the past few weeks – something appears to be giving, and it’s the pace of the economy.”

Waller added that the recent slowdown in CPI was positive:

“This is encouraging, but it is not enough evidence to be sure it will continue,” Waller said.

“Just a couple of months ago, inflation and economic activity bounced back up, and the future was looking less certain.”

But Waller’s comments essentially endorsing the Taylor Rule were the market mover – implying that when inflation cools, real interest rates should decrease – prompted a major bull curve steepening in TSY yields…

Source: Bloomberg

If inflation continues to cool for several more months, maybe three to five months, and US central bankers feel confident it’s headed in the right direction, the Fed could lower the policy rate just because inflation is low, Waller told the audience in a question-and-answer session at the American Enterprise Institute.

Rate-cut expectations surged on the headlines (now pricing in 110bps of cuts in 2024)…

Source: Bloomberg

Of course, CPI’s next print will drop on Thursday morning.

“The Fed is providing parameters for the potential of looser policy,” said Gregory Faranello, head of US rates trading and strategy for AmeriVet Securities.

However, Waller did note (somewhat hawkishly) that “the recent loosening of financial conditions is a reminder that many factors can affect these conditions and that policymakers must be careful about relying on such tightening to do our job.”

Source: Bloomberg

But, Fed Governor Michelle Bowman (another traditional hawk) is less sure about the progress being sustainable:

“We should keep in mind the historical lessons and risks associated with prematurely declaring victory in the fight against inflation, including the risk that inflation may settle at a level above our 2 percent target without further policy tightening,” she said.

The US equity majors chopped around but a late-day short squeeze lifted The Dow, Nasdaq, and S&P into the green while Small Caps ended red…

“Most Shorted” stocks had a double-squeezey day today – first from the initial dip after the down-open and then after the 7Y auction…

Source: Bloomberg

VIX pushed down to a new cycle low around 12.60 before the 7Y auction triggered a massive spike above 14 (and back down)…

…not a fat finger.

Treasuries were aggressively bid from around 8amET with the short-end outperforming (2Y -12bps, 30Y -2bps). Since the close before Thanksgiving, the short-end is down 17bps (and 25bps from Monday’s highs)…

Source: Bloomberg

10Y yields are down to almost 4-month lows (was 5.00% the top?)…

Source: Bloomberg

And the 2Y Yield hit 4-month lows…

Source: Bloomberg

The dollar was clubbed like a baby seal back to 4-month lows on the dovish narrative…

Source: Bloomberg

And as the dollar sank, gold jumped back above $2040, back up near record highs…

Source: Bloomberg

Bitcoin surged back above $38,000…

Source: Bloomberg

Oil prices ripped back higher after dropping on OPEC headlines with WTI back up to $77, erasing losses from last week…

Finally, given the decoupling between real-yields (surging higher) and gold prices, it would appear the precious metal is very much in play…

Source: Bloomberg

…and no, Sara Eisen, you don’t need a weaker dollar for gold strength…

Source: Bloomberg

…but, of course, in the limit, that’s where it ends.

USA TRADING IN GRAPH FORM

EARLY MORNING TRADING//

TUCKER CARLSON

“It’s A Powder Keg”: Steve Bannon Warns Tucker Ireland’s Post-Stabbing Anti-Immigration Crisis Is “Coming Here, At Scale”

MONDAY, NOV 27, 2023 – 09:24 PM

Tucker Carlson sat down with Steve Bannon to discuss last week’s terrorist incident in Ireland – where an Algerian immigrant went on a stabbing spree in downtown Dublin, attacking five people – including three children. Following the stabbing, anti-immigrant riots broke out across the country over the government’s general pro-immigrant policies.

“Several days ago, a man in his 50s for reasons that are still not clear stabbed five people outside a school in Dublin, Ireland, including three children, and then almost immediately after, parts of that City erupted into rioting,” said Carlson, adding “The Washington Post stepped in helpfully to explain, here’s the Tweet The Washington Post sent out quote ‘online rumors claimed the perpetrator of a stabbing attack was an immigrant’.”

“Actually, the man was an immigrant,” Carlson continued. “He was from Algeria and as it turns out he’s been living in Ireland for 23 years at public expense, he has never had a job.”

Ireland’s Transformation and the Role of Immigration

The conversation quickly pivoted to the broader implications of immigration in Ireland, with Carlson criticizing the country’s significant transformation due to immigration, suggesting a deliberate plan. “That country has been completely transformed by immigration,” he argued.

Bannon echoed Carlson’s sentiments, criticizing the Irish political class for “selling out” the people and compared the situation in Ireland with the rest of Europe, particularly with the policies of Victor Orban in Hungary and the general trend in Germany.

“Ireland’s probably one of the worst if not the worst because the political class has totally sold out the people,” said Bannon, adding “Ireland is a powder keg and I think what you saw the other day in the response by the Garda, the response by the authorities was immediately to go after Conor McGregor and other folks who were saying hey we need to address this.”

https://www.zerohedge.com/political/ireland-powder-keg-tucker-carlson-and-steve-bannon-ireland-stabbing-insanity-and

The bigger picture

Going beyond Ireland, Carlson and Bannon discussed the situation in the United States and other Western countries – with Bannon voicingconcerns about increasing immigration and its impact on native populations, drawing parallels with Ireland’s situation. “The political class is very tied to Brussels,” Bannon noted, implying a disconnect between the governing elite and the populace.

“The Germans and the people in Brussels, the party of Davos just doesn’t think the working-class European population is very controllable, they think they’re dangerous,” said Bannon.

https://www.zerohedge.com/political/ireland-powder-keg-tucker-carlson-and-steve-bannon-ireland-stabbing-insanity-and

The pair also touched on future concerns, including rising national debt and the potential for social unrest.

Bannon in particular

Watch:

https://www.zerohedge.com/political/ireland-powder-keg-tucker-carlson-and-steve-bannon-ireland-stabbing-insanity-and

II USA DATA

US Home Prices Rose For the 7th Straight Month In September… Led By Detroit!

TUESDAY, NOV 28, 2023 – 09:09 AM

Home prices in America’s 20 largest cities rose for the 7th straight month in September (the latest data released by S&P Global Case-Shiller today), up 0.67% MoM (slightly worse than the +0.8% MoM expected).

That pushed the YoY rise in prices up 3.92% – the fastest pace since Dec ’22 – but as the chart shows the MoM gains are slowing rapidly.

Source: Bloomberg

“On a year-over-year basis, the three best-performing metropolitan areas in September were Detroit (+6.7%), San Diego (+6.5%), and New York (+6.3%),” according to Craig J. Lazzara, Managing Director at S&P DJI.

“We’ve commented before on the breadth of the housing market’s strength, which continued to be impressive. On a seasonally adjusted basis, all 20 cities showed price increases in September”

But, judging by the resumption of the rise of mortgage rates since the Case-Shiller data was created, we would expect prices to also resume their decline…

Source: Bloomberg

Inventory is increasing (as homebuilders dump new homes on to the market), but existing home-buyers and -sellers are stuck still (affordability for the former and the mortgage cost gap for the latter), and – despite the market’s hopes – The Fed isn’t cutting rates any time soon (unless the economy utterly collapses). Be careful what you wish for…

end

Garbage revisions allow for a slight gain in confidence. The truth is the opposite: people are suffering

(zerohedge)

Massive Downward Revisions For Conference Board Confidence Leave ‘Present Situation’ At April 2021 Lows

TUESDAY, NOV 28, 2023 – 10:16 AM

Thanks to a massive downward revision in October, the November Conference Board Consumer Confidence index ‘improved’.

October headline revised down from 102.6 to 99.1 (the weakest since Jul 2022), and November headline printed 102.0 (up notably from the downwardly revised data).
October Present Situation revised down from 143.1 to 138.6, and November present situation printed 138.2 (down from the downward revision to the lowest since April 2021)
October Expectations revised down from 75.6 to 72.7, and November Expectations printed 77.8 (notably higher than the downward revision).

Source: Bloomberg

The 3.5pts downward revision for the headline print is the largest since Feb 2022…

Source: Bloomberg

Despite this month’s improvement, the Expectations Index remains below 80 for a third consecutive month – a level that historically signals a recession within the next year.

While consumer fears of an impending recession abated slightly – to the lowest levels seen this year – around two-thirds of consumers surveyed in November still perceive a recession to be “somewhat” or “very likely” to occur over the next 12 months.

This is consistent with the short and shallow recession we anticipate in the first half of 2024, according to Dana Peterson, Chief Economist at The Conference Board.

November’s increase (from dramatically lower revised data in October) in consumer confidence was concentrated primarily among householders aged 55 and up; by contrast, confidence among householders aged 35-54 declined slightly.

General improvements were seen across the spectrum of income groups surveyed in November.

Nonetheless, write-in responses revealed consumers remain preoccupied with rising prices in general, followed by war/conflicts and higher interest rates.

The labor market indicators are trending worse – now at the weakest since April 2021…

Source: Bloomberg

Average 12-month inflation expectations receded back to 5.7% after a one-month uptick to 5.9%, dramatically divergent from UMich inflation expectations’ spike…

Source: Bloomberg

Buying plans for autos, homes, and big-ticket appliances trended downward on a six-month basis – perhaps reflecting the impact of elevated interest rates.

Finally, some food for thought…

Is Bidenomics all simply driven by ‘seasonal adjustments’ and historical revisions?

END

III) USA ECONOMIC STORIES

Clueless Or A Liar? WH Press Sec. Touts ‘Bidenomics’ While Working Poor Suffer

MONDAY, NOV 27, 2023 – 04:40 PM

White House press secretary Karine Jean-Pierre on Monday told Fox News’s Peter Doocy that prices of all sorts of basic items for American consumers “are going down” under President Biden.

“This holiday season, families are seeing lower prices on everyday items from gas to groceries,” Jean-Pierre said.

Jean-Pierre is correct about prices for some items moderating. However, she purposefully leaves out prices have significantly risen over the last several years.

Bloomberg data shows typical household items are up double digits from January 2020 to October 2023.

Fast food inflation…

Did Deutsche Bank Just Destroy New York AG’s Case Against Trump?

TUESDAY, NOV 28, 2023 – 02:25 PM

A Deutsche Bank executive may have just tanked New York Attorney General Letitia James’ lawsuit against former President Donal Drump – which revolved around portraying the German lender as Trump’s biggest victim in an alleged scheme to inflate his assets in order to obtain favorable terms from banks and insurers.

David Williams, who directly worked on at least one of several loans obtained by Trump over several decades, testified on Tuesday in Manhattan that it’s “atypical, but not entirely unusual” for a bank to internally slash a client’s stated asset values by 50% and approve a loan anyway, as they did with Trump, Bloomberg reports.

“It just depends on the circumstances,” said Williams, a managing director at the bank.

Deutsche Bank, which loaned hundreds of millions of dollars to Trump for properties in Miami, Chicago and Washington, cut his stated net worth in 2011 and 2012 from about $4.2 billion to $2.3 billion, according to internal bank credit memos. The same documents indicated the bank approved the loans anyway because it expected them to generate a profit based on Trump’s history of successful developments and other criteria.

Trump, who denies wrongdoing and claims the case is politically motivated, is calling to the stand this week four current and former Deutsche Bank employees — including the family’s former private banker Rosemary Vrablic — as part of his defense case, seeking to flip the script on the state’s version of events. -Bloomberg

The testimony completely undermines AG James’ premise, that Trump defrauded the German bank.

“As part of our due diligence, we subject a client’s asset value to adjustments,” said Williams.

“It’s part of our underwriting process we apply it to every client regardless of what’s reported.”

“Is a difference of opinion in asset values between the client and the bank a disqualifying factor to extend credit?” Trump attorney Jesus Suarez asked Williams.

“No,” he replied.

“Why not?”

“It’s just a difference of opinion,” Williams continued.

“I think we expect clients to provide information to be accurate.”

Victimless crime?

Trump and two of his sons, Donald Trump Jr. and Eric Trump, testified earlier in the trial that no banks had been victimized by the alleged inflated valuation, and that various lenders had made millions of dollars in interest on the loans. Trump also argued that his name, and the potential for future development, was a factor in the previous valuations.

James, an activist Democrat AG, says that Trump and his company falsified documents to banks and insurers. The judge in the case, Arthur Engoron, has similarly proven himself to be a partisan operative and not a neutral arbiter.

Justice Aurthur Engoron, who is overseeing the case, held Trump liable for fraud on the eve of trial, resolving the biggest claim in the case and putting Trump’s control of his assets at risk.

The trial is focusing on six remaining claims, as well as penalties. The state is seeking the return of $250 million in “illegal profit” and a ban on Trump and his sons from serving as directors or officers of any New York-based company. -Bloomberg

Could this be a more transparent show trial?

END

THE KING REPORT

The King Report November 28, 2023 Issue 7127

Independent View of the News

China’s industrial profits fall 7.8% in Jan-Oct
State-owned firms posted a 9.9% decline in earnings in the first 10 months, foreign firms recorded a 10.2% slide and private-sector companies saw profits down 1.9%, according to a breakdown of the NBS data…   https://www.nasdaq.com/articles/chinas-industrial-profits-fall-7.8-in-jan-oct

China launches probe into struggling shadow bank Zhongzhi – The FT
Financial conglomerate had disclosed $36.4bn shortfall to investors last week after missing payments… renewing concerns over China’s opaque $2.9tn shadow financing sector and its exposure to the troubled property market and wider economic slowdown…
https://www.ft.com/content/39991750-e14e-45c2-813c-7d220d1bb8cc

China unveils 25 specific measures to bolster financing for private enterprises
Banks and other financial institutions are encouraged to meet the financing needs of private enterprises that encounter temporary difficulties but have marketable products, promising projects, and competitive technology in accordance with market-oriented principles, and should not “blindly halt, withdraw or cut off” their loans… https://www.globaltimes.cn/page/202311/1302561.shtml

The truce in Gaza has been extended for two more days, Qatar’s foreign ministry said https://reut.rs/3QXFe3J

ESZs sank during Asian trading due to the above negative Chinese news. After hitting a daily low of 4552.00 at the 1 ET Nikkei close, ESZs rallied to 4562.75 at 3:37 ET. The European dump then pushed ESZs down to 4554.50 at 4:58 ET. ESZs then rebounded into wide range trading.

ESZs vacillated in a huge range during US trading. After hitting a minor new high of 4569.25 at 11:54 ET, ESZs retreated and then traded sideways until they began a tumble at 14:35 ET. ESZs hit a low of 4556.00 at 14:42 ET and then bounced on buying for the expected late manipulation. They were right; ESZs hit 4568.00 at 15:37 ET. Traders were too long; ESZs tumbled to 4558.50 at 16:00 ET.

While ESZs and stocks declined, bonds rallied, possibly on defensive asset allocation. USZs hit a low of 114 15/32 at 20:00 ET. They then rallied sharply into massive US 2-year ($54B) and 5-year ($55B) auctions. Once again, we have the suspicious anomaly of a robust US debt rally into massive auctions. The 2-year auction was disappointing: 4.887% vs. 4.876% WI.   The auction of $55B of 5-year notes produced a 4.42% yield vs. 4.425% WI.

USZs hit a high of 116 1/32 fourteen minutes after the 5-year auction results were announced. They peaked out at 116 3/32 at 14:43 ET.

Positive aspects of previous session
Bonds rallied sharply into $109B of US debt auctions
Fangs rose early on Amazon’s rally for expected great Cyber Monday sales. (AMZN peaked at 10:09)

Negative aspects of previous session
Major equity indices declined, except for Nasdaq and the Nasdaq 100
Gold rallied smartly; December gold hit a high of 2039.40

Ambiguous aspects of previous session
Is someone manipulating USZs into US debt auctions to aid & abet the US Treasury?

First Hour/Last Hour Action [S&P 500 Index]: 1st Hour from NYSE Open: Down; Last Hour: Down

Pivot Point for S&P 500 Index [above/below indicates daily trend to traders]: 4552.42
Previous session S&P 500 Index High/Low: 4560.52; 4546.32

US Department of Health official who conspired with Anthony Fauci to downplay COVID lab-leak theory reveals ‘agonizing’ over his actions – Dr Kadlec felt that Fauci had other reasons for wanting to divert attention away from the Wuhan Institute of Virology. He said Fauci was likely worried about his reputation if it eventuated that his agency had funded the gain-of-function research that sparked the outbreak… https://www.skynews.com.au/australia-news/us-department-of-health-official-who-conspired-with-anthony-fauci-to-downplay-covid-lableak-theory-reveals-agonising-over-his-actions/news-story/f568f544d4b5eb05fb26dc3e198f50ae

Top White House health official (Dr. Kadlec) says it’s ‘certainly possible’ China KILLED researcher who started the Covid pandemic by throwing him off Wuhan lab roof
https://www.dailymail.co.uk/health/article-12796725/us-health-official-fauci-lab-leak-theory.html

US intelligence official linked to WHO was critical in downplaying Covid lab leak theory during Joe Biden’s 90-day probe into virus origins – Former Acting Assistant Secretary of State Thomas DiNanno tells “What Really Happened in Wuhan, the Next Chapter” that when his team unearthed explosive evidence that pointed to a laboratory leak during the Trump Administration, the intelligence community ran interference in support of the natural origin narrative…
https://www.skynews.com.au/world-news/us-intelligence-official-linked-to-who-was-critical-in-downplaying-covid-lab-leak-theory-during-joe-bidens-90day-probe-into-virus-origins/news-story/70cec8fe1513491a421d45b12b45a8e7

@Breaking911: BIDEN: “As a share of earnings this Thanksgiving, dinner was the 4th cheapest ever on record. I want y’all to know that.” (Joe’s handlers have him increasing the absurdity of his lies!)
https://twitter.com/Breaking911/status/1729232961394954670

Biden to skip COP climate meeting in Dubai- official
The president’s schedule for Thursday released by the White House shows him hosting a bilateral meeting with President João Manuel Gonçalves Lourenço of the Republic of Angola and attending the National Tree Lighting… Biden has attended both of the COP summits since his 2021 inauguration.
https://www.reuters.com/business/environment/biden-skip-cop-climate-meeting-dubai-official-2023-11-27/

Biden invokes ‘climate change’ incessantly. The Big Guy must have deteriorated so much that his handlers cannot allow him to attend – even though the function hypes one of their biggest priorities!

@robinmonotti: Nuclear physicist, William Happer, professor at Princeton University: “Alarms about climate change are delusions. Climate change is real but it is natural. The alarms have no scientific basis. The fears that are woven around are comparable to the fear that was induced in the time of witches in the Middle Ages. Scientist William Happer, a physicist at Princeton University (where Einstein and Oppenheimer worked), argues in this interview that ignorance and political manipulation play a key role in the global campaign on global warming.”

Biden offers apology to Muslim-American leaders for questioning Hamas death toll (Not a parody) https://t.co/MBtzFBZIh8

GOP Sen. @JDVance1: Ireland senator wants to criminalize speech that causes too much “discomfort” for people. If this were happening in Russia or China or many other nations we would call it totalitarian and threaten economic sanctions. https://twitter.com/JDVance1/status/1729123376185459090

@TheChiefNerd: Ireland’s Green Party Sen. Pauline O’Reilly: “We are restricting freedom but we’re doing it for the common good…Yes you have rights, but they are restricted for the common good.”
https://twitter.com/TheChiefNerd/status/1729109961320411284

Communists and leftists have cited ‘the common good’ for authoritarian controls for over a century.

@CBSNews: More than a third of counties in the U.S. don’t have a hospital or birth center that offers obstetric care or any obstetric health care providers, one report says.

@MelissaTweets: Because Obamacare regulations put small and medium sized independent hospitals out of business. Consolidation happened b/c only big systems could implement all the rules. They bought up the small hospitals and closed them b/c they weren’t big enough profit centers. Thanks John McCain!

Fed Balance Sheet: -$4.177B; Reserves at Fed: +$62.14B, highest since 4/20/22, breaking out!
https://www.federalreserve.gov/releases/h41/20231124/

Today –Traders will try to affect a Turnaround Tuesday to the upside for stocks. The bigger, more important story will be bonds. Historically, after a large auction that does well, bonds rally. If bonds retrench today, it will lead credence to the perception that someone is manipulating bonds into large US Treasury Auctions to aid and abet the US Treasury. Who would do such a thing?

The absence or presence of defensive asset allocation should be an important factor today. The late ESZs decline is a negative.   ESZs are -1.00 and USZs are -3/32 at 20:37 ET.

A December gold decisive close above the key resistance at 2050 will signal an important breakout.  With Reserves at the Fed breaking out to the upside, gold (physical) has the potential to soar above its all-time high of 2075.47 on August 31, 2020. If Team Obama-Biden juices the economy for the election…

Physical Gold, monthly basis – AU is setting up for something big! Guess what happens if the Fed cuts!

Traders See as Much as 250 Basis Points of US Rate Cuts in 2024 – BBG 17:13 ETBets made via SOFR options target aggressive rate cuts in 2024Hedge funds have record net longs in SOFR (Secured Overnight Financing Rate) futures
NY Fed SOFR explanation: https://www.newyorkfed.org/markets/reference-rates/sofr

Expected economic data: Sept FHFA House Price Index 0.4% m/m; Sept S&P CoreLogic 20-city home prices 0.7% m/m & 3.95% y/y; Nov Conference Board Consumer Confidence 101; Nov Richmond Fed Mfg. Index 1; Chicago Fed Pres (uber liberal) Goolsbee and Fed Gov. Waller (hawk) Waller 10 ET

S&P 500 Index 50-day MA: 4347; 100-day MA: 4415; 150-day MA: 4358; 200-day MA: 4277
DJIA 50-day MA: 33,900; 100-day MA: 34,366; 150-day MA: 34,126; 200-day MA: 33,869
(Green is positive slope; Red is negative slope)

S&P 500 Index – Trender trading model and MACD for key time frames
Monthly: Trender and MACD are positive – a close below 3828.58 triggers a sell signal
Weekly: Trender and MACD are positive – a close below 4229.80 triggers a sell signal
Daily: Trender and MACD are positive – a close below 4463.52 triggers a sell signal
Hourly: Trender is positive; MACD is negative– a close below 4541.36 triggers a sell signal

Palestinian Terror Group Holding Israeli Baby Hostage Refusing to Release Him, Israel Says
10-month-old Kfir Bibas was abducted by Hamas but has since been transferred to a different group that has been unwilling to cooperate with his release, according to the IDF… https://www.msn.com/en-us/news/world/palestinian-terror-group-holding-israeli-baby-hostage-refusing-to-release-him-israel-says/ar-AA1kC6xY

@ProfDBernstein: A four-year old Hamas hostage released today is an American citizen. Her mother was murdered in front of her. Her father, protecting her with his body, was then murdered…

Sadly, Biden’s corruption is tainting the joy from the release of a 4-year old American by Hamas. Joe’s foes note that the young hostage’s great aunt bought Hunter Biden’s art and was appointed by The Big Guy to the US Commission for the Preservation of America’s Heritage Abroad.

Hunter Biden’s gallery sold his art to a Democratic donor ‘friend’ whom Joe Biden named to a prestigious commission – That buyer… is Elizabeth Hirsh Naftali… influential in California Democratic circles… https://www.businessinsider.com/hunter-biden-joe-artwork-berges-gallery-elizabeth-hirsh-naftali-2023-7

4-year-old Israeli American hostage is released
“We hoped and prayed today would come. There are no words to express our relief and gratitude that Abigail is safe and coming home,” Liz Hirsh Naftali and Noa Naftali said in the statement…
https://www.cnn.com/2023/11/26/politics/abigail-edan-jake-sullivan-national-security-adviser-israel-gaza-hostages-cnntv/index.html

@DrEliDavid: Palestinian children’s TV: What do policemen do?
– They catch thieves and kill Jews
– What will you do when you grow up?
– I will shoot Jews, all of them
    When @elonmusk said today that the entire Palestinian education must change, he referred to this.
https://twitter.com/DrEliDavid/status/1729280875139924273

@EndWokeness: Secretary of Education Miguel Cardona: “President Reagan said: We’re from the government. We’re here to help.” The actual quote from Reagan: “The 9 most terrifying words in the English language are: I’m from the government & I’m here to help.” (The dope wasn’t joking!)
https://twitter.com/EndWokeness/status/1729249786799513913

Sports Illustrated scrubs AI-generated content after being called out for using deep fakes https://t.co/Yj3pQmkIlT

GREG HUNTER

SEE YOU WEDNESDAY

Shanghai Gold Benchmark Price

USD oz AM2038.21

PM2039.46

Historical SGE Fix

GOLD: NUMBER OF NOTICES FILED FOR NOV/2023. CONTRACT: 154 NOTICES FOR 15,400 OZ or 0.4790 TONNES

total notices so far: 5896 contracts for 589,600 oz (18.339 tonnes)

FOR NOV:

SILVER NOTICES 10 NOTICE(S) FILED FOR 50,000 OZ/

total number of notices filed so far this month : 904 for 4,520,000 oz

Just how bad is the U.S. cost-of-living squeeze? We did the math

Watch the New Orleans conference at home while helping GATA too

Futures Slide To Session Lows Amid Growing Concerns Rally Is Over

Fixed bid after a strong 5yr auction with FX & equities relatively contained – Newsquawk Europe Market Open

US TRADE

EQUITIES

APAC TRADE

EQUITIES

FX

FIXED INCOME

COMMODITIES

CRYPTO

GEOPOLITICS

EU/UK

North Korea Moves Heavy Weapons To Border With South, Remilitarizes Outposts Along DMZ

Malmö school students make death threats against Jews, perform Nazi salutes

During a moment of silence for Palestinian victims in a Malmö, Sweden classroom, students began making violent antisemitic statements.

Antisemitism in Sweden

“We Need To Demolish Mosques In Sweden”, Right-Wing Leader Jimmie Åkesson Tells Party Congress

Hamas attacks Israeli forces in Gaza amid ceasefire extension efforts

Several IDF soldiers were lightly wounded in the assaults by Hamas.

Hamas claims Israel violated ceasefire

Family of Ravid Katz, believed a Gaza hostage, informed he was killed on October 7

Israel receives list of hostages to be released, pause extended

11 Israeli hostages returned to Israel on Monday, bringing the total released to 66.

Israel-Hamas deal: These are the 10 hostages released on Tuesday

The 10 were released as part of a two-day extension to the Israel-Hamas ceasefire.

END

UNUSUAL FOR THIS TO OCCUR//QATARI AIRLINES LANDS IN TEL AVIV AGAIN!!

Qatari plane lands in Israel for second time in a week

Mossad chief heads to Qatar to meet CIA chief, Qatari officials

Mossad, US spy chiefs meet Qatari PM to discuss ‘building on’ Gaza truce

The outcome of the talks, which were also attended by Egyptian officials, was unclear.

Israel has sworn to annihilate Hamas

Backing Israeli assertion, US signals Red Cross will visit remaining hostages in Gaza

White House National Security Adviser Sullivan says he expects by end of Monday to have info on conditions of all abductees, appearing to confirm visits are part of truce deal

Women held hostage by Hamas in Gaza kept in cages – report

Hostages spoke out about the state of their captivity.

Supplies running low

Sinwar visits hostages in tunnels

Neglect at the hands of the Red Cross

IDF: Hamas abducted Bibas family, including baby, handed them to other terror group

Relatives of 10-month-old Kfir, 4-year-old Ariel and parents Shiri and Yarden say they feel ‘great uncertainty’ as it appears mom and kids may not be released during current truce

IDF releases names of three soldiers killed in Hamas captivity

Released Palestinian terrorist refuses to leave Israeli jail

Abu Sanima was released to the Gaza Strip to begin his life anew in Rafah, despite a lack of a salary from local authorities.

Did the prisoner remain in Israel?

Musk Offers To Help Rebuild A Deradicalized, “Prosperous” Gaza After Touring Ravaged Kibbutz With Netanyahu

Time for a diplomatic push against ceasefire pressure that would keep Hamas standing – analysis

With the cannons temporarily silent, this is the hour for a full-court Israeli diplomatic press in Europe to make it clear why Israel cannot agree to a ceasefire now, with Hamas still standing.

Change is possible

Manpower Now Ukraine’s Biggest Problem As Checkpoints Cast Dragnet For Conscripts

Pneumonia in children in China as reported in media with hospitals at the brink: yet could this be due to ramifications of prolonged lockdowns? The insane ZERO-COVID policy of China? COVID vaccines?

Could this be due to subverted suppressed BROKEN immune systems due to the COVID vaccines? Could these children now have immune systems damaged enough to leave them at risk? Multiple boosts?

MICHAEL EVERY/PHIL MAREY/OR OTHER EXECS //RABOBANK

Oil Slides On Fresh OPEC+ Discord Headlines

Argentina Will Now Run A Very Pro-Israel And Pro-US Foreign Policy

Waller Whacks The Dollar: Dovish Fed-Hawk Sparks Bid For Bullion, Bonds, & Bitcoin

“It’s A Powder Keg”: Steve Bannon Warns Tucker Ireland’s Post-Stabbing Anti-Immigration Crisis Is “Coming Here, At Scale”

US Home Prices Rose For the 7th Straight Month In September… Led By Detroit!

Massive Downward Revisions For Conference Board Confidence Leave ‘Present Situation’ At April 2021 Lows

Clueless Or A Liar? WH Press Sec. Touts ‘Bidenomics’ While Working Poor Suffer

Did Deutsche Bank Just Destroy New York AG’s Case Against Trump?

Victimless crime?

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