HAPPY NEW YEAR TO ALL:
GOLD PRICE GOLD DOWN $11.95 TO $2605.30
SILVER PRICE DOWN $0.39 TO $28.99
Gold ACCESS CLOSED $2607.25
Silver ACCESS CLOSED: $28.96
OPTIONS EXPIRY WEEK. all options on the OTC London LBMA exchange ends tomorrow
Bitcoin morning price:$93,835 DOWN 805 DOLLARS.
Bitcoin: afternoon price: $94,482 DOWN 158 DOLLARS
Platinum price closing DOWN $12.85 TO $908.75
Palladium price; DOWN 12.05 TO $903.55
END
*CANADIAN GOLD: $3742.41 DOWN 32.55 CDN dollars per oz( * NEW ALL TIME HIGH 3,872.51 CDN DOLLARS PER OZ//OCT 30 2024)
*BRITISH GOLD: 2077.85 DOWN 2.57 Pounds per oz// *(NEW ALL TIME HIGH//CLOSING///2161.00 BRITISH POUNDS/OZ) NOV 22/2024
*EURO GOLD: 2,506.71 DOWN 2.67 Euros per oz //* (ALL TIME CLOSING HIGH: 2600.25 EUROS PER OZ//NOV 22 //.2024)
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EXCHANGE;
EXCHANGE: COMEX
CONTRACT: JANUARY 2025 COMEX 100 GOLD FUTURES
SETTLEMENT: 2,606.100000000 USD
INTENT DATE: 12/30/2024 DELIVERY DATE: 01/02/2025
FIRM ORG FIRM NAME ISSUED STOPPED
072 H GOLDMAN 306
118 C MACQUARIE FUT 25
118 H MACQUARIE FUT 217
323 C HSBC 457
363 C WELLS FARGO SEC 51
363 H WELLS FARGO SEC 268
435 H SCOTIA CAPITAL 137
657 C MORGAN STANLEY 96 124
657 H MORGAN STANLEY 667
661 C JP MORGAN 346
661 H JP MORGAN 352
686 C STONEX FINANCIA 30 12
726 C PLUS500US FINAN 1
730 C PTG DIVISION SG 123
732 C RBC CAP MARKETS 30
737 C ADVANTAGE 39 19
905 C ADM 18
TOTAL: 1,659 1,659
JPMorgan stopped 0/103
GOLD: NUMBER OF NOTICES FILED FOR JANUARY/2024. CONTRACT: 1659 NOTICES FOR 165,900 OZ 5.160 TONNES
total notices so far: 1659 contracts for 165,900 Oz (5.160 tonnes)
FOR JANUARY
SILVER NOTICES: 978 NOTICE(S) FILED FOR 4,890,000 OZ/
total number of notices filed so far this month : 978 for 4.890 million oz
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GLD/
BOTH GLD AND SLV ARE FRAUDULENT VEHICLES//THEY ARE NOW RAIDING GLD AND SLV FOR PHYSICAL
THE CROOKS ARE STEALING GOLD AND SILVER FROM THE GLD/SLV AND REPLACING THE PHYSICAL WITH PAPER DOLLARS.
WITH GOLD DOWN $11.95 INVESTORS SWITCHING TO SPROTT PHYSICAL (PHYS) INSTEAD OF THE FRAUDULENT GLD:
HUGE CHANGES IN GOLD INVENTORY AT THE GLD: A WITHDRAWAL OF 0.280 TONNES OF GOLD FROM THE GLD/
INVENTORY RESTS AT 872.52 TONNES
SLV/
WITH NO SILVER AROUND AND SILVER DOWN $0.39 AT THE SLV: HUGE CHANGES IN SILVER INVENTORY AT THE SLV: A WITHDRAWAL OF 1.139 MILLION OZ FROM THE SLV.
INVESTORS ARE SWITCHING SLV TO SPROTT’S PSLV.
CLOSING INVENTORY: 460.512 MILLION OZ
Let us have a look at the data for today
SILVER//OUTLINE
SILVER COMEX OI ROSE BY A HUGE SIZED 2501 CONTRACTS TO 148,618 AND CONTINUING ON ITS MARCH TO THE RECORD HIGH OI OF 244,710, SET FEB 25/2020, AND THIS STRONG SIZED GAIN IN COMEX OI WAS ACCOMPLISHED DESPITE OUR LOSS OF $0,39 IN SILVER PRICING AT THE COMEX WITH RESPECT TO MONDAY’S TRADING. WE HAD A HUGE GAIN OF 3030 TOTAL CONTRACTS ON OUR TWO EXCHANGES DESPITE OUR LOSS IN PRICE//MONDAY’S TRADING.. WE HAD CONSIDERABLE LIQUIDATION OF T.A.S. CONTRACTS ON MONDAY COMEX TRADING AS THEY DESPERATELY TRIED TO CONTAIN SILVER’S PRICE RISE FOR THE PAST 2 WEEKS WHERE THE RAIDS WERE CALLED UPON AGAIN TO QUELL MASSIVE DERIVATIVE LOSSES BY OUR BULLION BANKS. THEY SUCCEEDED A BIT WITH //MONDAY PRICING BUT ZERO LONGS WERE KNOCKED OFF. DERIVATIVE LOSSES CONTINUE TO MOUNT. AWE HAD CONSIDERABLE T.A.S. LIQUIDATION AND MONTH END SPREADER LIQUIDATION MONDAY AS THE CROOKS EXCITED THESE MANIPULATIVE TRADES.
WE HAD A 528 CONTRACT EXCHANGE FOR PHYSICAL ISSUANCE ACCOMPANIED BY A HUGE 952 CONTRACT T.A.S ISSUANCE WHICH WILL BE USED IN TUESDAY;S TRADING AS THEY PLAY AN INTEGRAL PART IN OUR COMEX TRADING TRYING TO CONTAIN ANY SILVER PRICE RISE. IN ESSENCE WE GAINED A HUGE SIZED 3030 CONTRACTS ON OUR TWO EXCHANGES DESPITE OUR LOSS IN PRICE. WE HAD CONSIDERABLE TAS LIQUIDATION THROUGHOUT FRIDAY’S COMEX SESSION COUPLED WITH MONTH END SPREADER LIQUIDATION. THREE WEEKS AGO, WE RECEIVED NOTICE OF .5000 MILLION OZ ISSUANCE OF EXCHANGE FOR RISK/ THIS WILL BE ADDED TO THE PREVIOUS EXCHANGE FOR RISK ISSUANCE OF .66 MILLION OZ/NEW EXCHANGE FOR RISK TOTALS FOR THE MONTH: 1.16 MILLION OZFOR DEC TRADING.
PLEASE NOTE THAT THE CROOKS NEED A HIGHER SILVER/GOLD T.A.S. TO CARRY ON THEIR CROOKED MANIPULATION ON A DAILY BASIS BUT DEMAND IS JUST TOO HIGH FOR THEM. THE HIGHER ISSUANCE OF T.A.S. IS NOW USED TO TEMPER OUR SILVER/GOLD PRICE RISE OR RAID AS WHAT HAPPENED SEVERAL TIMES LAST MONTH AND AGAIN YESTERDAY.
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 TUESDAY NIGHT: A HUGE 952 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 NOW SEEMS THAT THE OCC HAS ORDERED THE BANKS TO REDUCE ITS NEW LEVEL OF 1 TRILLION DOLLARS IN GOLD/SILVER DERIVATIVES AND THUS THE REASON FOR CONSTANT RAIDS ESPECIALLY WITH YESTERDAY’S TRADING. IT ALSO LOOKS LIKE THE FED (GOV’T) IS BEHIND EVERY DAY TRADING.
WE HAVE IN THE PAST YEAR SET ANOTHER RECORD LOW AT 114,102 CONTRACTS ///JULY 3.2023// OUR BANKERS WITH THE HELP OF SPECULATORS AND HIGH FREQUENCY TRADERS WERE SUCCESSFUL IN KNOCKING THE PRICE OF SILVER DOWN (IT FELL BY $0.39) AND WERE UNSUCCESSFUL IN KNOCKING OFF ANY APPRECIABLE NET SILVER LONGS FROM THEIR PERCH AS WE HAD A HUGE GAIN IN PRICE DESPITE MASSIVE SPREADER/TAS LIQUIDATION.
WE HAD A 528 CONTRACT ISSUANCE OF EXCHANGE FOR PHYSICALS) iiii) AN INITIAL SILVER STANDING FOR COMEX SILVER MEASURING AT 8.110 MILLION OZ (FIRST DAY NOTICE)
// STANDING FOR SILVER//JAN TO 8.110 MILLION OZ
WE HAD:
/ HUGE SIZED COMEX OI GAIN +// 528 SIZED EFP ISSUANCE/ VI) HUGE SIZED NUMBER OF T.A.S. CONTRACT ISSUANCE 952 CONTRACTS)/
I AM NOW RECORDING THE DIFFERENTIAL IN OI FROM PRELIMINARY TO FINAL: REMOVED 69 CONTRACTS.
HISTORICAL ACCUMULATION OF EXCHANGE FOR PHYSICALS DEC. ACCUMULATION FOR EFP’S SILVER/JPMORGAN’S HOUSE OF BRIBES/STARTING FROM FIRST DAY/MONTH OF DEC
TOTAL CONTRACTS for 21 DAYS, total 26,508 contracts: OR 132.54 MILLION OZ (1219 CONTRACTS PER DAY)
TOTAL EFP’S FOR THE MONTH SO FAR: 132.54 MILLION OZ
LAST 24 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 111.035 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. 50.050 MILLION OZ
DEC. 66.140 MILLION OZ//
TOTAL 2023: 1,104.10 MILLION OZ/
JAN ’24 : 78.655 MILLION OZ//
FEB /2024 : 66.135 MILLION OZ./FINAL
MARCH: 143.750 MILLION OZ// 4TH HIGHEST ON RECORD.
APRIL: 161.770 MILLION OZ (THIS MONTH WILL BE A WHOPPER OF ISSUANCE OF EFPS//3RD HIGHEST EVER RECORDED FOR A MONTH)
MAY: 135.995 MILLION OZ //WILL BE A STRONG MONTH FOR EXCHANGE FOR PHYSICAL ISSUANCE
JUNE 110.575 MILLION OZ ( WILL BE ANOTHER STRONG MONTH ISSUANCE)
JULY: 108.870 MILLION OZ (WILL BE A STRONG ISSUANCE MONTH/ A TOUCH OVER 100 MILLION OZ/)
AUGUST; 99.740 MILLION OZ//THIS MONTH WILL BE STRONG FOR ISSUANCE BUT LESS THAN JULY.
SEPT: 112.415 MILLION OZ//WILL BE A HUGE MONTH FOR EXCHANGE FOR PHYSICAL ISSUANCE
OCT; 97.485 MILLION OZ (WILL BE SMALLER ISSUANCE THIS MONTH )
NOV. 115.970 MILLION OZ ( HUGE THIS MONTH)
DEC: 132.54 MILLION OZ (THIS MONTH WILL BE A HUMDINGER FOR ISSUANCE BUT ISSUANCE SLOWED DRAMATICALLY THESE PAST FIVE DAYS/// WILL NOT EXCEED MARCH 2022 RECORD OF 209 MILLION OZ)
RESULT: WE HAD AN HUGE SIZED INCREASE IN COMEX OI SILVER COMEX CONTRACTS OF 2501 CONTRACTS DESPITE OUR HUGE LOSS IN PRICE OF SILVER PRICING AT THE COMEX//MONDAY.,. THE CME NOTIFIED US THAT WE HAD A 528 EFP ISSUANCE CONTRACTS: 528 ISSUED FOR MARCH AND 528 CONTRACTS ISSUED FOR ALL OTHER MONTHS) WHICH EXITED OUT OF THE SILVER COMEX TO LONDON AS FORWARDS. WE HAVE A GOOD INITIAL SILVER OZ STANDING FOR DEC OF 8.110 MILLION OZ ON FIRST DAY NOTICE,
//NEW TOTAL STANDING FOR JAN AT 8.110 MILLION OZ
WE HAVE A HUGE SIZED GAIN OF 3030OI CONTRACTS ON THE TWO EXCHANGES DESPITE OUR LOSS IN PRICE…..THE TOTAL OF TAS INITIATED CONTRACTS TODAY: A HUGE 952 CONTRACTS TRYING DESPERATELY TO CONTAIN SILVER’S PRICE RISE,//CONSIDERABLE FRONT END OF THE TAS CONTRACTS WERE LIQUIDATED DURING THE MONDAY COMEX SESSION ALONG WITH MONTH END SPREADER LIQUIDATION// . BUT THEY STILL NEED THESE ISSUANCE FOR REPLENISHMENT FOR FUTURE TRADING /THE HUGE TA.S. ISSUANCE// STRONG LIQUIDATION DISTORTS THE TOTAL OI CONTRACTS STANDING AT THE COMEX. NO NET LONG SPECULATORS WERE BURNED ON MONDAY WITH THE GAIN IN PRICE. ALSO SOME OF OUR LONGS EXERCISED THEIR RIGHT AND TENDERED FOR PHYSICAL SILVER MUCH TO THE ANGER OF OUR BANKERS. SILVER IS NOT BASEL III COMPLIANT SO THE BANKERS CAN TAKE THEIR TIME WITH THE DELIVERY OF SILVER.
THE NEW TAS ISSUANCE MONDAY NIGHT (952) WILL BE PUT INTO “THE BANK” TO BE COLLUSIVELY USED AT A LATER DATE, AND PROBABLY NOT TODAY.
WE HAD 978 NOTICE(S) FILED TODAY FOR 4,890,000 OZ
THE SILVER COMEX IS NOW BEING ATTACKED FOR METAL BY LONDONERS ET AL.
GOLD//OUTLINE
IN GOLD, THE COMEX OPEN INTEREST ROSE BY A FAIR SIZED 2629 OI CONTRACTS TO 451,183 AND FURTHER FROM THE RECORD (SET JAN 24/2020) AT 799,733 AND PREVIOUS TO THAT: (SET JAN 6/2020) AT 797,110, BUT WE ARE NOW MUCH FURTHER FROM OUR ALL TIME LOW OF 390,000 CONTRACTS.
THE DIFFERENTIAL FROM PRELIMINARY OI TO FINAL OI IN GOLD TODAY: REMOVED A LARGE SIZED 1065 CONTRACTS//
WE HAD A FAIR SIZED DECREASE IN COMEX OI (2629 CONTRACTS) OCCURRED DESPITE OUR LOSS OF $11.95 IN PRICE MONDAY. THE FRBNY SUPPLIED THE NECESSARY SHORT PAPER.. WE ALSO HAD A GOOD INITIAL STANDING IN GOLD TONNAGE FOR JAN AT 10.1331 TONNES
/NEW STANDING 10.1331 TONNES
/ ALL OF THIS HAPPENED WITH OUR $11.95 LOSS IN PRICE WITH RESPECT TO MONDAY’S COMEX ///. WE HAD A STRONG GAIN OF 6394 OI CONTRACTS (19.888 PAPER TONNES) ON OUR TWO EXCHANGES, WITH MANY LONGS, REMAINING AT THE END OF THE DAY, TENDERING FOR PHYSICAL GOLD VIA THE EXCHANGE FOR PHYSICAL ROUTE, MUCH TO THE ANGER AND HORROR EXHIBITED BY OUR MAJOR BANKER, THE FEDERAL RESERVE BANK OF NEW YORK. THE HORROR INTENSIFIED ONCE LONDON STARTED TO TRADE LAST WEEK, AND THROUGHOUT THE WEEK WITH MAJOR TENDERING FOR PHYSICAL VIA THE EXCHANGE FOR PHYSICAL ROUTE! YOU CAN VISUALIZE THIS WITH THE VIOLENT ACTION AT THE COMEX WITH RESPECT TO QUEUE JUMPING WHICH WILL CONTINUE WITH THURSDAY’S TRADING
E.F.P. ISSUANCE
THE CME RELEASED THE DATA FOR EFP ISSUANCE AND IT TOTALED A STRONG SIZED 3720 CONTRACTS:
The NEW COMEX OI FOR THE GOLD COMPLEX RESTS AT 451,183
IN ESSENCE WE HAVE A STRONG SIZED INCREASE IN TOTAL CONTRACTS ON THE TWO EXCHANGES OF 6394 CONTRACTS WITH 2629 CONTRACTS INCREASED AT THE COMEX// AND A STRONG SIZED 3729 EFP OI CONTRACT ISSUANCE WHICH NAVIGATED OVER TO LONDON. THUS TOTAL OI GAIN ON THE TWO EXCHANGES OF 6394 CONTRACTS.. WE HAD THE FOLLOWING TAS CONTRACTS INITIATED (ISSUED): A STRONG SIZED BUT CRIMINAL 1945 CONTRACTS ISSUED. WE HAD A STRONG LIQUIDATION OF T.A.S CONTRACTS WITH OUR LOSS IN PRICE MONDAY AS THE NEED FOR REPLENISHMENT WAS STILL IN ORDER TO CARRY OUT ITS PRICE CONTAINMENT STRATEGY IN FUTURE TRADING. WE ALSO HAD STRONG MONTH END SPREADER LIQUIDATION FINALIZING THIS CRIMINAL OPERATION .
CALCULATIONS ON GAIN/LOSS ON OUR TWO EXCHANGES
WE HAD A STRONG SIZED ISSUANCE IN EXCHANGE FOR PHYSICALS (3720 CONTRACTS) ACCOMPANYING THE FAIR SIZED INCREASE IN COMEX OI OF 2628 CONTRACTS/TOTAL GAIN FOR OUR THE TWO EXCHANGES: 6394 CONTRACTS..WE HAVE 1) NOW RETURNED TO OUR FORMER FORMAT OF BANKERS GOING LONG AND SPECULATORS GOING SHORT ,2.) STRONG INITIAL STANDING AT THE GOLD COMEX FOR JAN 10.1331 TONNES
//NEW STANDING JAN: 10.1331 TONNES
/ 3) STRONG T.A.S. LIQUIDATION TRYING TO LOWER GOLD’S PRICE MONDAY WITH NO SUCCESS IN REMOVING SPECULATOR LONGS, AS WE HAD A 1) $11.95 PRICE LOSS, BUT 2) ZERO NET LONG SPECS BEING CLIPPED WITH OUR TOTAL GAIN OF 6394 CONTRACTS ON OUR TWO EXCHANGS. WE ALSO HAD STRONG MONTH END SPREADER LIQUIDATION AS WELL AS TAS LIQUIDATION.. HOWEVER, 3)STICKY GOLD’S LONGS ARE NOT FOOLED BY THE RAID IN PRICE AS THEY WERE REWARDED MONDAY EVENING AS THEY EXERCISED EFP’S FROM LONDON TO TAKE DELIVERY OF BADLY NEEDED PHYSICAL.
4) FAIR SIZED COMEX OPEN INTEREST INCREASE 5) STRONG ISSUANCE OF EXCHANGE FOR PHYSICAL PAPER///STRONG T.A.S. ISSUANCE: 1945 T.A.S.CONTRACTS//
HISTORICAL ACCUMULATION OF EXCHANGE FOR PHYSICALS IN 2023-2024 INCLUDING TODAY
DEC
ACCUMULATION OF EFP’S GOLD AT J.P. MORGAN’S HOUSE OF BRIBES: (EXCHANGE FOR PHYSICAL) FOR THE MONTH OF DEC :
TOTAL EFP CONTRACTS ISSUED: 115,752 CONTRACTS OF 11,572,000 OZ OR 348.466 TONNES IN 21 TRADING DAY(S) AND THUS AVERAGING: 5858 EFP CONTRACTS PER TRADING DAY
TO GIVE YOU AN IDEA AS TO THE SIZE OF THESE EFP TRANSFERS : THIS MONTH IN 21 TRADING DAY(S) IN TONNES 360.03TONNES
TOTAL ANNUAL GOLD PRODUCTION, 2023, THROUGHOUT THE WORLD EX CHINA EX RUSSIA: 3555 TONNES
THUS EFP TRANSFERS REPRESENTS 360.03 DIVIDED BY 3550 x 100% TONNES = 10.14% 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/SECOND HIGHEST ON RECORD
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. 239.16 TONNES//WILL BE STRONG THIS MONTH,
DEC. 213.704 TONNES. A STRONG MONTH//
TOTAL FOR YEAR 2023: 2,569.57 TONNES VS 2578 TONNES LAST YEAR
JAN ’24: 291.76 TONNES (WILL BE MUCH GREATER THAN LAST MONTH.//3RD HIGHEST EVER RECORDED EXCHANGE FOR PHYSICAL)
FEB’24: 201.947 TONNES
MARCH 2024: 352.21 TONNES//2ND HIGHEST EVER RECORDED EFP ISSUANCE.
APRIL: 267.05TONNES (WILL BE AN EXTREMELY STRONG MONTH BUT LESS THAN MARCH 2024)
MAY; 316.606 TONNES (WILL BE ANOTHER STRONG MONTH// 3RD HIGHEST RECORDED EFP ISSUANCE )// NOTICE THE HUGE INCREASES IN EX FOR PHYSICAL THESE PAST FEW MONTHS. THESE CONTRACTS ARE CIRCLED BACK FROM LONDON WHEREBY METAL IS REMOVED FROM THE COMEX.
JUNE 175.11 tonnes HEADING FOR A WEAKER MONTH AND MUCH LESS THAN THE THREE PREVIOUS MONTHS
JULY: 351. 65 TONNES (3RD HIGHEST EVER RECORDED EXCHANGE FOR PHYSICAL AND THE HIGHEST EVER RECORDED POST BASEL III)
AUGUST: 274.79 TONNES//THIS MONTH WILL NO DOUBT BE A STRONG ISSUANCE OF EFP’S BUT MUCH LESS THAN LAST MONTH.
SEPT: 335 .104 TONNES//IF THIS CONTINUES WE WILL HAVE A HUMDINGER OF AN EFP ISSUANCE. WE WILL PROBABLY END JUST SHORT OF THE 3RD HIGHEST ISSUANCE EVER RECORDED.
OCT. 277.71 TONNES (THIS WILL BE A GOOD ISSUANCE THIS MONTH)
NOV: 393.875 TONNES ( A HUGE MONTH////NOW SURPASSED THE PREVIOUS 3RD AND 2ND HIGHEST EVER RECORDED EX FOR PHYSICAL ISSUANCE TO BECOME THE 2ND HIGHEST EVER RECORDED
DEC 360.03 TONNES THIRD HIGHEST EVER RECORDED FOR EFP ISSUANCE
TOTAL 2024 YEAR.3,597.846
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 FEB. 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 NOV HEADING TOWARDS THE ACTIVE DELIVERY MONTH OF FEB., FOR GOLD: AND MARCH FOR SILVER
YOU WILL ALSO NOTICE THAT THE COMEX OPEN INTEREST STARTS TO RISE BUT SO IS THE OPEN INTEREST OF SPREADERS. THE OPEN INTEREST IN WILL CONTINUE TO RISE UNTIL ONE WEEK BEFORE FIRST DAY NOTICE OF AN UPCOMING ACTIVE DELIVERY MONTH (OCT), AND THAT IS WHEN THE CROOKS SELL THEIR SPREAD POSITIONS BUT NOT AT THE SAME TIME OF THE DAY. THEY WILL USE THE SELL SIDE OF THE EQUATION TO CREATE THE CASCADE (ALONG WITH THEIR COLLUSIVE FRIENDS) AND THEN COVER ON THE BUY SIDE OF THE SPREAD SITUATION AT THE END OF THE DAY. THEY DO THIS TO AVOID POSITION LIMIT DETECTION. THE LIQUIDATION OF THE SPREADING FORMATION CONTINUES FOR EXACTLY ONE WEEK AND ENDS ON FIRST DAY NOTICE.”
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 STRONG SIZED 2501 CONTRACTS OI TO 148,618 AND CLOSER TO THE 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 7 YEARS AGO. HOWEVER WE HAVE NOW SET A NEW RECORD LOW OF 114,102 CONTRACTS JULY 3.2023
EFP ISSUANCE 529 CONTRACTS
OUR CUSTOMARY MIGRATION OF COMEX LONGS CONTINUE TO MORPH INTO LONDON FORWARDS AS OUR BANKERS USED THEIR EMERGENCY PROCEDURE TO ISSUE:
DEC 529 and ALL OTHER MONTHS: ZERO. TOTAL EFP ISSUANCE: 529 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 2501 CONTRACTS AND ADD TO THE 529 E.FP. ISSUED
WE OBTAIN A STRONG SIZED GAIN OF OPEN INTEREST CONTRACTS FROM OUR TWO EXCHANGES OF 3030 CONTRACTS
THUS IN OUNCES, THE GAIN ON THE TWO EXCHANGES TOTALS A HUGE 15.15 MILLION OZ OCCURRED DESPITE OUR $0.39 LOSS IN PRICE
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
ASIA TRADING TUESDAY MORNING/MONDAY NIGHT
SHANGHAI CLOSED UP 7.18 PTS OR 0.21%
//Hang Seng CLOSED DOWN 49.04 PTS OR 0.24%
// Nikkei CLOSED DOWN 356.22 OR 0.96%//Australia’s all ordinaries CLOSED DOWN 0.28%
//Chinese yuan (ONSHORE) CLOSED UP TO 7.3028 CHINESE YUAN OFFSHORE CLOSED UP TO 7.3025// Oil DOWN TO 70.96 dollars per barrel for WTI and BRENT DOWN AT 74.00 Stocks in Europe OPENED ALL MIXED
ONSHORE USA/ YUAN TRADING AT LEVEL OF OFFSHORE YUAN/ONSHORE YUAN TRADING STRONGER AGAINST US DOLLAR/OFFSHORE YUAN STRONGER
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
XXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXX
1. COMEX DATA//AMOUNTS STANDING//VOLUME OF TRADING/INVENTORY MOVEMENTS
GOLD
LET US BEGIN:
THE TOTAL COMEX GOLD OPEN INTEREST ROSE BY A FAIR SIZED 2629 CONTRACTS TO 451,183 DESPITE OUR CONSIDERABLE LOSS IN PRICE OF $11.95 WITH RESPECT TO MONDAY’S TRADING. WE LOST ZERO NET LONGS WITH OUR PRICE LOSS FOR GOLD. WE HAD, AS YOU WILL SEE BELOW, A STRONG NUMBER OF EXCHANGE FOR PHYSICAL ISSUED (3720). THUS WE HAD A STROMG GAIN ON OUR TWO EXCHANGES OF 6394 CONTRACTS DESPITE OUR LOSS IN PRICE. OUR FRIENDLY PHYSICAL LONDON BOYS HAD ANOTHER FIELD DAY AGAIN ON FRIDAY NIGHT AS THEY WERE READY FOR THE FRBNY.S CONTINUED ORCHESTRATED RAID AS THEY ABSORBED EVERYTHING IN SIGHT FROM THE DAILY ATTACKS WITH THE CONTINUAL LIQUIDATION OF T.A.S. CONTRACTS. LONDONERS EXERCISED THEIR BOUGHT CONTRACTS FOR PHYSICAL GOLD VIA THE EXCHANGE FOR PHYSICAL ROUTE AND THANKED THE FRBNY FOR THE THOUGHTFULNESS.
THE LIQUIDATION OF T.A.S. CONTRACTS THROUGHOUT LAST MONTH CONTINUES TO DISTORT OPEN INTEREST NUMBERS GREATLY AND IT SURELY WAS ON DISPLAY THIS ENTIRE PAST WEEK ESPECIALLY WITH FRIDAY’S TRADING. WE HAD CONSIDERABLE T.A.S. LIQUIDATION ALL THIS WEEK AT THE COMEX AND THIS WAS COUPLED WITH MONTH END SPREADER LIQUIDATION.
THE FED IS THE MAJOR SHORT OF AROUND 82+ TONNES OF GOLD OWING TO THE B.I.S. THE FED NEEDS TO COVER AS THEY ARE VERY WORRIED ABOUT WHAT IS GOING TO HAPPEN TO GOLD PRICES ONCE THE BRICS BEGIN THEIR INITIATIVE AND ABANDON THE US DOLLAR. THIS IS SCHEDULED TO HAPPEN LATE OCT 2024/(AS OUTLINED IN OUR GOLD PHYSICAL COMMENTARIES//VIEW ANDREW MAGUIRE LATEST LIVE FROM VAULT PODCAST 197 , 199, 2001, AND FRIDAY NIGHTS 202, 203 AND 204 AS HE TACKLES THIS IMPORTANT TOPIC). THE FOUR OR FIVE BANKS ARE ALSO WORRIED ABOUT THEIR HUGE PRECIOUS METAL DERIVATIVE EXPOSURE (NORTH OF ONE TRILLION DOLLARS) AND THIS IS PROBABLY THE MAJOR REASON FOR GOLD/SILVER’S RISE THESE PAST TWO MONTHS. THEY ARE TOTALLY TRAPPED., AND THEIR FAILURE TO STOP CENTRAL BANK PURCHASES OF PHYSICAL GOLD IS THE MAJOR ISSUE OF THE DAY! ACTUALLY THE FED HAS COAXED THE SPECULATORS TO GO MASSIVELY SHORT WHILE THEY TAKE THE LONG SIDE AFTER THEY COMMENCE THE AVALANCHE IN LOWERING THE PRICE OF GOLD LIKE THESE PAST 5 DAYS OF RAIDS.
OUR PHYSICAL LONDONERS BOUGHT NEW MASSIVE QUANTITIES OF LONGS AT ANY PRICE AND THIS GOLD BOUGHT WILL BE TENDERED FOR PHYSICAL ON A T + 1 BASIS. BECAUSE GOLD IS BASEL III COMPLIANT, GOLD MUST BE DELIVERED IN A VERY TIMELY ONE DAY. CENTRAL BANKS AROUND THE WORLD, BEING REPRESENTED BY OUR LONDONERS, ARE THE REAL PURCHASERS OF THIS GOLD.
THE PROBLEM FOR THOSE PROVIDING THE SHORT PAPER IS THE SHOCK TO THEM ON RECEIVING NOTICE THAT THE LONGS WANT THE PHYSICAL GOLD AS THEY TENDER FOR THAT SHINY YELLOW METAL. THE HIGH LIQUIDATION OF THE SPREADERS // T.A.S DURING LAST WEEK IS SURELY DISTORTING COMEX OPEN INTEREST BUT THAT DOES NOT STOP LONDON’S ACCUMULATION OF PHYSICAL! YOU CAN ALSO VISUALIZE THAT PERFECTLY WITH THE HUGE AMOUNTS OF QUEUE JUMPING ORCHESTRATED BY CENTRAL BANKERS BOLTING AHEAD OF ORDINARY LONGS AS THEIR NEED FOR PHYSICAL IS GREAT AS THEY SCOUR THE PLANET LOOKING FOR GOLD
EXCHANGE FOR PHYSICAL ISSUANCE
WE ARE NOW DEEP INTO THE ACTIVE DELIVERY MONTH OF DECEMBER.… THE CME REPORTS THAT THE BANKERS ISSUED A STRONG SIZED TRANSFER THROUGH THE EFP ROUTE AS THESE LONGS RECEIVED A DELIVERABLE LONDON FORWARD TOGETHER WITH A FIAT BONUS.,
THAT IS A STRONG SIZED 3720 EFP CONTRACTS WERE ISSUED: : /DEC 3720 & ZERO FOR ALL OTHER MONTHS:
TOTAL EFP ISSUANCE: 3720 CONTRACTS. THESE EFP;S CIRCLE AROUND LONDON ON A 13 DAY BASIS AND ARE NOW USED BY GLOBAL CENTRAL BANKS TO EXERCISE FOR PHYSICAL GOLD WITH THE OBLIGATION TO DELIVER BEING FORCED ONTO COMEX BANKS. THE GOLD DELIVERED COMES FROM LONDON.
ON A NET BASIS IN OPEN INTEREST WE GAINED THE FOLLOWING TODAY ON OUR TWO EXCHANGES: A STRONG SIZED TOTAL OF 6394 CONTRACTS IN THAT3720 CONTRACT LONGS WERE TRANSFERRED AS EXCHANGE FOR PHYSICALS TO LONDON AND WE HAD A FAIR GAIN OF 2629 COMEX CONTRACTS..AND THIS STRONG GAIN ON OUR TWO EXCHANGES HAPPENED DESPITE OUR LOSS IN PRICE OF $11.95 TUESDAY// COMEX. THE EXCHANGE FOR PHYSICALS WILL BE USED BY CENTRAL BANKS, TO EXERCISE FOR PHYSICAL GOLD AT THE COMEX AS MENTIONED ABOVE.
AS PER OUR NEWBIE TRADE AT SETTLEMENT (TAS) MANIPULATION OPERATION (WHICH CRAIG HEMKE HAS POINTED OUT HAPPENS USUALLY DURING MID MONTH IN THE DELIVERY CYCLE), BUT NOW ON A DAILY BASIS, THE CME REPORTS THAT THE TOTAL T.A.S. ISSUANCE FOR MONDAY NIGHT WAS A FAIR SIZED SIZED 1945 CONTRACTS, AND THESE WILL BE USED TO REPLENISH SUPPLIES.. ALMOST ALL OF THE TRADING AND SUPPLY OF CONTRACTS WAS ORCHESTRATED BY GOVERNMENT (FEDERAL RESERVE BANK OF NEW YORK).
THROUGHOUT THE PAST SEVERAL WEEKS, THE BANKERS CONTINUE TO SELL OFF THE LONG SIDE OF THE SPREAD (T.A.S.) WHICH OF COURSE CONTINUES TO MANIPULATE THE PRICE OF GOLD SOUTHBOUND. (THEY KEEP THE SHORT SIDE OF THE CALENDAR/T.A.S. SPREAD WHICH WILL BE LIQUIDATED IN DAYS HENCE//. IT SEEMS THAT OUR CROOKS ORCHESTRATED, ON MONDAY NOV 25, THEIR HUGE RAID TO LOWER THE PRICE OF GOLD TO MAKE THEIR COMEX BETS WHOLE ON OPTIONS EXPIRY WEEK AND THUS THE NEED FOR CONTINUAL STRONG T.A.S. ISSUANCE AND THEN LIQUIDATION (COUPLED WITH THE LIQUIDATION OF CALENDAR SPREADERS ). THE USE OF OUR TWO SPREADER MECHANISMS WERE OF EXTREME IMPORTANCE TO OUR CROOKS IN LATE NOVEMBER’S OPTIONS EXPIRY TRADING. WE HAD CONTINUAL T.A.S. AND FINAL MONTH END SPREADER LIQUIDATION ESPECIALLY ON FRIDAY NOV 29 .THE LIQUIDATION OF T.A.S. SUBSIDED QUITE DRAMATICALLY DURING THE FIRST WEEK AND A HALF OF DECEMBER BUT THAT DRAMATICALLY CHANGED THIS WEEK WITH CONSIDERABLE LIQUIDATION ALL WEEK COUPLED WITH MONTH END SPREADER LIQUIDATION.
// WE HAVE A STRONG AMOUNT OF GOLD TONNAGE STANDING: DEC (95.1066 TONNES) WHICH IS HUGE FOR OUR ACTIVE DEC DELIVERY MONTH.
JANUARY” 10.1331 TONNES
HERE ARE THE AMOUNTS THAT STOOD FOR DELIVERY IN THE PRECEDING 48 MONTHS OF 2021-2024:
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: 18.7122 TONNES + 16.2505 EX. FOR RISK = 34.9627 TONNES
DEC. 47.073 + 4.634 TONNES OF EXCHANGE FOR RISK = 51.707 TONNES
TOTAL 2023 YEAR : 436.546 TONNES
2024
JAN ’24. 22.706 TONNES
FEB. ’24: 66.276 TONNES (INCLUDES 1.723 TONNES EX. FOR RISK)
MARCH: 18.8398 TONNES + 1.1695 EX FOR RISK = 20.093 TONNES
APRIL: 2024: 53.673TONNES FINAL
MAY/ 2024 8.5536 TONNES + 3.3716 TONNES EX FOR RISK/= 11.9325
JUNE; 95.578 TONNES. + 1.045 TONNES EXCHANGE FOR RISK =96.623 THIS IS THE HIGHEST RECORDED GOLD STANDING SINCE AUGUST 2022
JULY: 11.692 TONNES
AUGUST 69.602 TONNES//FINAL STANDING
SEPT. 13.164 TONNES.
OCT 39.474 TONNES + + 20.917 TONNES EXCHANGE FOR RISK =60.391 TONNES
NOV . 11.265 TONNES +4.665 TONNES EXCHANGE FOR RISK/TUESDAY + 3.11 TONNES OF EX. FOR RISK/PRIOR = 19.0425 TONNES
DEC: 80.4230 TONNES PLUS DEC MONTH EXCHANGE FOR RISK TOTAL 14.6836 TONNES EQUALS 95.1066 TONNES
total year: 540.30 tonnes
January 2025: 10.1331 tonnes
THE SPECS/HFT WERE UNSUCCESSFUL IN LOWERING GOLD’S PRICE( IT FELL BY $11.95/)//AND WERE SUCCESSFUL IN KNOCKING OFF A FEW NET SPECULATOR LONGS AS WE DID HAVE A FAIR GAIN IN OUR TWO EXCHANGES. AS EXPLAINED ABOVE WE HAD CONSIDERABLE T.A.S. SPREADER LIQUIDATION MONDAY COUPLED WITH MONTH END SPREADER LIQUIDATION. WE ALSO HAD A FAIR T.A.S. ISSUANCE MONDAY NIGHT (TUESDAY MORNING), AS THE NEED FOR REPLENISHMENT WAS STILL EVER PRESENT. THIS COULD NOT STOP CENTRAL BANK LONGS, SEIZING THE MOMENT, EXERCISED AGAIN FOR PHYSICAL IN A BIG WAY TENDERING FOR PHYSICAL MONDAY EVENING.
EXCHANGE FOR RISK
19 DAYS AGO, FRIDAY NIGHT (EARLY SATURDAY MORNING NOV 30) THE CME ANNOUNCED ANOTHER OF THOSE CRAZY DELIVERIES: THE ISSUANCE OF 250 EXCHANGE FOR RISK CONTRACTS WHICH TOTAL 25000 OZ (.7776 TONNES. HERE THE BUYER ASSUMES THE RISK THAT HE WILL BE DELIVERED UPON IN PHYSICAL METAL. THIS IS ABSOLUTELY INSANE AND A HUGE VIOLATION OF THE TRUE DISCOVERY PRICE MECHANISM WHICH IS THE COMEX MANTRA!. AND THEN GUESS WHAT? THE CME ANNOUNCED ANOTHER EXCHANGE FOR RISK, LATE TUESDAY EVENING/ EARLY WEDNESDAY MORNING, (DEC 5) OF 617 CONTRACTS FOR 61,700 OZ OR GOLD (1.919 TONNES). THEN MUCH TO MY ANGER, THE CME ANNOUNCED A THIRD ISSUANCE FRIDAY NIGHT DEC 7 FOR A MONSTROUS 2254 EXCHANGE FOR RISK CONTRACTS OR 225,400 OZ OR 7.0108 TONNES. NOT TO BE UNDONE, THE CROOKS CONTINUED WITH THEIR NONSENSE WITH ANOTHER 50 CONTRACT EXCHANGE FOR RISK THE MORNING OF DEC 12 FOR 5000 OZ OR .1555 TONNES. AND THIS BRINGS US TO THIS EARLY FRIDAY MORNING (DEC 13) WHERE I WAS SHOCKED TO SEE FOR THE FIFTH TIME THIS MONTH AN ENTRY FOR 250 CONTRACTS OF EXCHANGE FOR RISK FOR 25000 OZ OR .7776 TONNES.THUS ALL FIVE OF THESE ISSUANCES WILL BE ADDED TO THE TOTAL GOLD BEING “DELIVERED UPON”. THIS BRINGS US TO EARLY SATURDAY MORNING DEC 21 WHERE TO MY SHOCK AGAIN WE HAD OUR 6TH ISSUANCE OF EXCHANGE FOR RISK TOTALLING 1300 CONTRACTS FOR AN ASTOUNDING 4.043 TONNES. THIS BRINGS THE TOTAL ISSUANCE FOR THE MONTH TO 14.6836 TONNES. THE COMEX IS TOTALLY SHATTERED TO PIECES.
TOTAL DELIVERIES
WE HAVE GAINED A TOTAL OF 19.885 PAPER TONNES FROM OUR TWO EXCHANGES, ACCOMPANYING OUR INITIAL GOLD TONNAGE STANDING FOR JAN (10.133TONNES) ON FIRST DAY NOTICE
The total for January which is a non delivery month is as follows:
3258 notices for January at 100 oz per notice = 325800 oz or
10.1131 TONNES (NORMAL DELIVERY) +
/ STANDING FOR JAN 10.1331 TONNES
NEW STANDING FOR JAN: 10.1331 TONNES (WHICH IS HUGE FOR OUR VERY ACTIVE DELIVERY MONTH)
ALL OF THIS WAS ACCOMPLISHED DESITE OUR LOSS IN PRICE TO THE TUNE OF $11.95
WE HAD 1065 CONTRACTS ADDED TO THE COMEX TRADES TO OPEN INTEREST (CROOKS)//PRELIMINARY TO FINAL.
NET GAIN ON THE TWO EXCHANGES 6394 CONTRACTS OR 639,400 OZ (19.885 TONNES)
confirmed volume TUESDAY 101,708 contracts: extremely weak ////
//speculators have left the gold arena
END
/ /// THE JAN 2024 GOLD CONTRACT
DEC 31
INITIAL
| Gold | Ounces |
| Withdrawals from Dealers Inventory in oz | nil |
| Withdrawals from Customer Inventory in oz | 289.359 oz Brinks 9 kilobars . |
| Deposit to the Dealer Inventory in oz | nil |
| Deposits to the Customer Inventory, in oz | a)Into JPMorgan 160,760.000 (5,000 kilobars) b) Into Brinks: 110,149.330 oz (3426 kilobars) c) Into Loomis: 96,453.000 (3000 kilobars total deposit 307,362.33 oz 11,426 kilobars 11.426 tonnes |
| No of oz served (contracts) today | 1659 notice(s) 165,900 OZ 5.160 TONNES |
| No of oz to be served (notices) | 1599 contracts 1599 OZ 4.9235 TONNES |
| Total monthly oz gold served (contracts) so far this month | 1659 notices 165,900 oz 5.160 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 |
dealer deposits: 0
total dealer deposits: nil kilobars
we have 3 customer deposits
a)Into JPMorgan 160,760.000 (5,000 kilobars)
b) Into Brinks: 110,149.330 oz (3426 kilobars)
c) Into Loomis: 96,453.000 (3000 kilobars
total deposit 307,362.33 oz 11,426 kilobars
11.426 tonnes
total deposit 159,950.000 oz 4,975 kilobars
4.975 tonnes
strictly a paper gold entry.
total for the last 5 days; north of 69.9 tonnes of kilobars
withdrawals: 1
i) Out of Brinks 289.359 oz (9 kilobars)
adjustments: 1 and a dandy: 184,225.231 oz (5730 kilobars)
CALCULATIONS FOR THE AMOUNT OF GOLD STANDING FOR DEC.
For the front month of JAN: we have an oi of 3258 contracts having LOST 524 contracts.
Thus by definition the initial amount of gold that is
3251 contracts x 100 oz per contract = 325800 oz or 10.1331 tonnes
FEBRUARY LOST 332 CONTRACTS TO 327,365 .
We had 1659 contracts filed for today representing 165,900 oz
This is a huge major assault on the comex for gold and this time it is physical that will be requested.
Today, 0 notice(s) were issued from J.P.Morgan dealer and 382 notices issued from their client or customer account. The total of all issuance by all participants equate to 1659 contract(s) of which 0 notices were stopped (received) by j.P. Morgan dealer and 12 notice(s) was (were) stopped (received) by J.P.Morgan//customer account
To calculate the INITIAL total number of gold ounces standing for JAN /2025. contract month, we take the total number of notices filed so far for the month (1659 x 100 oz ) to which we add the difference between the open interest for the front month of JAN(3258 CONTRACTS) minus the number of notices served upon today (1659 x 100 oz per contract( equals 325,800 OZ OR 10.1331 TONNES.
thus the INITIAL standings for gold for the JAN contract month: No of notices filed so far (1659 x 100 oz +we add the difference for front month of JAN (3258 OI} minus the number of notices served upon today (1659 x 100 oz which equals 325,800 oz (10.1331 TONNES)
TOTAL COMEX GOLD STANDING FOR JAN.: 10.1331 TONNES WHICH IS HUGE FOR THIS NON ACTIVE DELIVERY MONTH IN THE CALENDAR.
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COMEX GOLD INVENTORIES/CLASSIFICATION
NEW PLEDGED GOLD:
241,794.285 oz NOW PLEDGED /HSBC 5.94 TONNES
204,937.290 OZ 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: 2,101,424.137 oz 65.36 tonnes
TOTAL OF ALL GOLD ELIGIBLE AND REGISTERED GOLD: 21,739,993.632 OZ
TOTAL REGISTERED GOLD 8,871,391.136/// 275.94 tonnes).
TOTAL OF ALL ELIGIBLE GOLD: 12,868,602.496 OZ
REGISTERED GOLD THAT CAN BE SERVED UPON: 6,769,967 oz (REG GOLD- PLEDGED GOLD)= 210.057 tonnes //
JPMorgan enhanced inventory is 3.592 million oz/1,877,000 oz = 19.15% of entire inventory..
END
SILVER/COMEX
DEC 31. 2024
INITIAL
//2024// THE JAN 2025 SILVER CONTRACT//INITIAL
| Silver | Ounces |
| Withdrawals from Dealers Inventory | NIL oz |
| Withdrawals from Customer Inventory | 1,351,293.024 oz Delaware Brinks Loomis . |
| Deposits to the Dealer Inventory | NIL |
| Deposits to the Customer Inventory | i) Into Asahi: 575,795.200 oz ii) Into Brinks: 1199,879,950 oz iii) Into CNT 243,093.000 oz |
| No of oz served today (contracts) | 978 CONTRACT(S) (4,890,000 OZ) |
| No of oz to be served (notices) | 644 contracts (3.220 MILLION oz) |
| Total monthly oz silver served (contracts) | 978 Contracts (4.890 MILLION 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 : nil oz
i) We had 0 dealer withdrawal
total dealer withdrawals: 0 oz
We had 3 customer deposits
a) Into Asahai: 575,795.200 oz
b) Into Brinks 1,199,879,950 oz
c) Into CNT 241,093.000 oz
total customer deposit 2,020,639.000 oz
We had 3 withdrawals
a) Out of Delaware 386.100 oz
b) Out of Brinks 282,610.934 oz
c) Out of Loomis: 1064,815.990 oz
total withdrawal 1,351,293.024 oz oz
JPMorgan has a total silver weight: 135.532million oz/317.295million or 42.74%
adjustments:
a) customer to dealer JPM: 324,214.700 oz
next removal eligible/Brinks 593,333.914 oz
TOTAL REGISTERED SILVER: 72.295MILLION OZ//.TOTAL REG + ELIGIBLE. 317.285 million oz
CALCULATIONS FOR THE NEW STANDING FOR SILVER FOR JANUARY
silver open interest data:
FRONT MONTH OF JAN /2024 OI: 1622 OPEN INTEREST FOR A LOSS OF 148 CONTRACT(S).
THUS BE DEFINITION THE INITIAL AMOUNT OF SILVER STANDING FOR JANUARY EQUALS
1622 CONTRACTS X 5000 OZ PER CONTRACT = 8.110 MILLION OZ
FEBRUARY SAW A GAIN 0F 116 CONTRACTS TO STAND AT 638
MARCH SAW A GAIN OF1354 CONTRACTS UP TO 118,690
TOTAL NUMBER OF NOTICES FILED FOR TODAY: 978 for 4,890,000 oz
CONFIRMED volume; ON MONDAY 18,146 awful//
To calculate the number of silver ounces that will stand for delivery in JAN we take the total number of notices filed for the month so far at 978x 5,000 oz = 4.890 MILLION oz
to which we add the difference between the open interest for the front month of JAN (1622) and the number of notices served upon today (978)x (5000 oz)
Thus the standings for silver for the JAN 2024 contract month: 978 Notices served so far) x 5000 oz + OI for the front month of JAN(1672) minus number of notices served upon today (978)x 5000 oz equals silver standing for the JAN contract month equating to 8.110 MILLION OZ.
New total standing: 46.990 million oz.
There are 72.031 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.
Now that we have surpassed $28.40 the next big line in the sand for silver is $34.76. After that the moon
END
BOTH GLD AND SLV ARE MASSIVE FRAUDS!
GLD AND SLV INVENTORY LEVELS//
DEC 31 WITH GOLD DOWN $11.95 ON THE DAY; HUGE CHANGES IN GOLD AT THE GLD:A WITHDRAWAL OF 0.28 TONNES OF GOLD FROM THE GLD : ///INVENTORY RESTS AT 872.52 TONNES
DEC 30 WITH GOLD DOWN $11.95 ON THE DAY; HUGE CHANGES IN GOLD AT THE GLD:A WITHDRAWAL OF 0.28 TONNES OF GOLD FROM THE GLD : ///INVENTORY RESTS AT 872.52 TONNES
DEC 27 WITH GOLD DOWN $17.10 ON THE DAY; HUGE CHANGES IN GOLD AT THE GLD:A WITHDRAWAL OF 1.15 TONNES OF GOLD FROM THE GLD : ///INVENTORY RESTS AT 872.80 TONNES
DEC 26 WITH GOLD UP $17.55 ON THE DAY; NO CHANGES IN GOLD AT THE GLD: : ///INVENTORY RESTS AT 873.95 TONNES
DEC 24 WITH GOLD UP $6.10 ON THE DAY; HUGE CHANGES IN GOLD AT THE GLD:A WITHDRAWAL OF 3.45 TONNES OF GOLD OUT OF THE GLD. / // : .///INVENTORY RESTS AT 873.95 TONNES
DEC 23 WITH GOLD DOWN $13,75 ON THE DAY; HUGE CHANGES IN GOLD AT THE GLD:A DEPOSIT OF 16.66 TONNES OF GOLD VAPOUR GOLD INTO THE GLD. / // : .///INVENTORY RESTS AT 877.40 TONNES
DEC 20 WITH GOLD UP $29,75 ON THE DAY; HUGE CHANGES IN GOLD AT THE GLD:A WITHDRAWAL OF 3.16 TONNES OF GOLD FROM THE GLD. / // : .///INVENTORY RESTS AT 860.74 TONNES
DEC 19 WITH GOLD DOWN $45.00 ON THE DAY; SMALL CHANGES IN GOLD AT THE GLD:A WITHDRAWAL OF .29 TONNES OF GOLD FROM THE GLD. / // : .///INVENTORY RESTS AT 863.90 TONNES
DEC 18 WITH GOLD DOWN $8.40 ON THE DAY; NO CHANGES IN GOLD AT THE GLD: / // : .///INVENTORY RESTS AT 864.19 TONNES
DEC 17 WITH GOLD DOWN $6.85 ON THE DAY; SMALL CHANGES IN GOLD AT THE GLD: A DEPOSIT OF 0.23 TONNES INTO THE GLD / // : .///INVENTORY RESTS AT 864.19 TONNES
DEC 16 WITH GOLD DOWN $2.80 ON THE DAY; HUGE CHANGES IN GOLD AT THE GLD: A WITHDRAWAL OF 4.70 TONNES INTO THE GLD / // : .///INVENTORY RESTS AT 863.90 TONNES
DEC 13 WITH GOLD DOWN $24.55 ON THE DAY; HUGE CHANGES IN GOLD AT THE GLD: A WITHDRAWAL OF 4.78 TONNES INTO THE GLD / // : .///INVENTORY RESTS AT 868.60 TONNES
DEC 12 WITH GOLD DOWN $34.00 ON THE DAY; HUGE CHANGES IN GOLD AT THE GLD: A DEPOSIT OF 2.59 TONNES INTO THE GLD / // : .///INVENTORY RESTS AT 873.38 TONNES
DEC 11 WITH GOLD UP $29.75 ON THE DAY; NO CHANGES IN GOLD AT THE GLD: // : .///INVENTORY RESTS AT 870.79 TONNES
DEC 9 WITH GOLD UP $31.10 ON THE DAY; NO CHANGES IN GOLD AT THE GLD. // : .///INVENTORY RESTS AT 871.94 TONNES
DEC 6 WITH GOLD UP $6.60 ON THE DAY; HUGE CHANGES IN GOLD AT THE GLD. A WITHDRAWAL OF 1.71 TONNES OF GOLD FROM THE GLD// : .///INVENTORY RESTS AT 871.94 TONNES
DEC 5 WITH GOLD DOWN $26.80 ON THE DAY; NO CHANGES IN GOLD AT THE GLD./ : .///INVENTORY RESTS AT 873.65 TONNES
DEC 4 WITH GOLD UP $6.15 ON THE DAY; HUGE CHANGES IN GOLD AT THE GLD A WITHDRAWAL OF 2.31 TONNES OF GOLD FROM THE GLD./ : .///INVENTORY RESTS AT 873.65 TONNES
DEC 3 WITH GOLD UP $10.30 ON THE DAY; HUGE CHANGES IN GOLD AT THE GLD A WITHDRAWAL OF 2.59 TONNES OF GOLD FROM THE GLD./ : .///INVENTORY RESTS AT 875.96 TONNES
DEC 2 WITH GOLD DOWN $20.20 ON THE DAY; NO CHANGES IN GOLD AT THE GLD : .///INVENTORY RESTS AT 878.55 TONNES
NOV 29 WITH GOLD UP $16.00 ON THE DAY; HUGE CHANGES IN GOLD AT THE GLD : Z WITHDRAWAL OF .86 TONNES OF GOLD FROM THE GLD . .///INVENTORY RESTS AT 878.55 TONNES
NOV 27 WITH GOLD UP $18.05 ON THE DAY; NO CHANGES IN GOLD AT THE GLD : . .///INVENTORY RESTS AT 879.41 TONNE
NOV 26 WITH GOLD UP $3.80 ON THE DAY; HUGE CHANGES IN GOLD AT THE GLD : A DEPOSIT OF 1.44 TONNES OF GOLDINTO THE GLD. .///INVENTORY RESTS AT 879.41 TONNES
GLD INVENTORY: 872.52 TONNES, TONIGHTS TOTAL
SILVER
DEC 31 WITH SILVER DOWN 39 CENTS //HUGE CHANGES IN SILVER INVENTORY AT THE SLV: // A WITHDRAWAL OF 1.13 MILLION OZ FROM THE SLV//INVENTORY AT SLV RESTS AT 460.512 MILLION OZ
DEC 30 WITH SILVER DOWN 39 CENTS //HUGE CHANGES IN SILVER INVENTORY AT THE SLV: // A WITHDRAWAL OF 1.13 MILLION OZ FROM THE SLV//INVENTORY AT SLV RESTS AT 460.512 MILLION OZ
DEC 27 WITH SILVER DOWN 24 CENTS //NO CHANGES IN SILVER INVENTORY AT THE SLV: // //INVENTORY AT SLV RESTS AT 461.651 MILLION OZ
DEC 24 WITH SILVER UP 2 CENTS //NO CHANGES IN SILVER INVENTORY AT THE SLV// //INVENTORY AT SLV RESTS AT 463.747 MILLION OZ
DEC 23 WITH SILVER UP 19 CENTS //HUGE CHANGES IN SILVER INVENTORY AT THE SLV/////A DEPOSIT OF 6.15 MILLION OZ INTO THE SLV //INVENTORY AT SLV RESTS AT 463.747 MILLION OZ
DEC 20 WITH SILVER UP 43 CENTS //SMALL CHANGES IN SILVER INVENTORY AT THE SLV/////A DEPOSIT OF 183,000 OZ INTO THE SLV //INVENTORY AT SLV RESTS AT 457.597 MILLION OZ
DEC 19 WITH SILVER DOWN 25 CENTS //NO CHANGES IN SILVER INVENTORY AT THE SLV///// //INVENTORY AT SLV RESTS AT 457.414 MILLION OZ
DEC 18 WITH SILVER DOWN 19 CENTS //HUGE CHANGES IN SILVER INVENTORY AT THE SLV A WITHDRAWAL OF 1.094 MILLION OZ FROM THE SLV/// //INVENTORY AT SLV RESTS AT 457.414 MILLION OZ
DEC 17 WITH SILVER DOWN 12 CENTS //SMALL CHANGES IN SILVER INVENTORY AT THE SLV A DEPOSIT OF 0.456 MILLION OZ FROM THE SLV/// //INVENTORY AT SLV RESTS AT 458.052 MILLION OZ
DEC 16 WITH SILVER DOWN 0 CENTS //HUGE CHANGES IN SILVER INVENTORY AT THE SLV A WITHDRAWAL OF 4.84 MILLION OZ FROM THE SLV/// //INVENTORY AT SLV RESTS AT 458.052 MILLION OZ
DEC 13 WITH SILVER DOWN 46 CENTS //HUGE CHANGES IN SILVER INVENTORY AT THE SLV A WITHDRAWAL OF .536 MILLION OZ FROM THE SLV/// //INVENTORY AT SLV RESTS AT 462.892 MILLION OZ
DEC 12 WITH SILVER DOWN 94 CENTS //HUGE CHANGES IN SILVER INVENTORY AT THE SLV A MASSIVE WITHDRAWAL OF 5.787 MILLION OZ FROM THE SLV/// //INVENTORY AT SLV RESTS AT 463.428 MILLION OZ
DEC 11 WITH SILVER UP 10 CENTS //HUGE CHANGES IN SILVER INVENTORY AT THE SLV A MASSIVE WITHDRAWAL OF 2.597 MILLION OZ FROM THE SLV/// //INVENTORY AT SLV RESTS AT 469.215 MILLION OZ
DEC 10 WITH SILVER DOWN 8 CENTS //HUGE CHANGES IN SILVER INVENTORY AT THE SLV A MASSIVE WITHDRAWAL OF 1.868 MILLION OZ FROM THE SLV/// //INVENTORY AT SLV RESTS AT 471.812 MILLION OZ
DEC 9 WITH SILVER UP $0.91 //HUGE CHANGES IN SILVER INVENTORY AT THE SLV A MASSIVE WITHDRAWAL OF 1.367 MILLION OZ FROM THE SLV/// //INVENTORY AT SLV RESTS AT 473.680 MILLION OZ
DEC 6 WITH SILVER DOWN $0.00 //HUGE CHANGES IN SILVER INVENTORY AT THE SLV A MASSIVE DEPOSIT OF 4.329 MILLION OZ/// //INVENTORY AT SLV RESTS AT 475.047 MILLION OZ
DEC 5 WITH SILVER DOWN $0.23 //NO CHANGES IN SILVER INVENTORY AT THE SLV” /// //INVENTORY AT SLV RESTS AT 470.718 MILLION OZ
DEC 4 WITH SILVER UP 26 CENTS //HUGE CHANGES IN SILVER INVENTORY AT THE SLV”: A WITHDRAWAL OF 2.206 MILLION OZ FORM THE SLV. /// //INVENTORY AT SLV RESTS AT 470.718 MILLION OZ
DEC 3 WITH SILVER UP 59 CENTS //NO CHANGES IN SILVER INVENTORY AT THE SLV /// //INVENTORY AT SLV RESTS AT 472.924 MILLION OZ
DEC 2 WITH SILVER DOWN 19 CENTS //HUGE CHANGES IN SILVER INVENTORY AT THE SLV. A WITHDRAWAL OF 1,458,000 OZ FROM THE SLV. /// //INVENTORY AT SLV RESTS AT 472.924 MILLION OZ
NOV 29 WITH SILVER UP 51 CENTS //SMALL CHANGES IN SILVER INVENTORY AT THE SLV. A WITHDRAWAL OF 365,000 OZ FROM THE SLV. /// //INVENTORY AT SLV RESTS AT 474.382 MILLION OZ
NOV 27 WITH SILVER DOWN $0.25 //NO CHANGES IN SILVER INVENTORY AT THE SLV.. /// //INVENTORY AT SLV RESTS AT 474.747 MILLION OZ
NOV 26 WITH SILVER UP $0.10 //HUGE CHANGES IN SILVER INVENTORY AT THE SLV:.A WITHDRAWAL OF 1.094 MILLION OZ FROM THE SLV./.. /// //INVENTORY AT SLV RESTS AT 474.747 MILLION OZ
CLOSING INVENTORY 460.512 MILLION OZ//
PHYSICAL GOLD/SILVER COMMENTARIES
1/ PETER SCHIFF/SCHIFF GOLD/MIKE MAHARRY
END
2/ Commentaries from: Egon von Greyerz///Matthew Piepenburg via GoldSwitzerland.com, Pam and Russ Martens
Alasdair Macleod
3. CHRIS POWELL AND GATA DISPATCHES
4. OTHER GOLD COMMENTARIES/
END
ANDREW MAGUIRE AND ALASDAIR MACLEOD//LIVE FROM THE VAULT 204
end
5 B GLOBAL COMMODITY ISSUES/FOOD IN GENERAL//FREIGHT/COMMODITIES: COMMODITY
6 CRYPTOCURRENCY NEWS
END
ASIA TRADING TUESDAY MORNING/MONDAY NIGHT
SHANGHAI CLOSED UP 7.18 PTS OR 0.21%
//Hang Seng CLOSED DOWN 49.04 PTS OR 0.24%
// Nikkei CLOSED DOWN 356.22 OR 0.96%//Australia’s all ordinaries CLOSED DOWN 0.28%
//Chinese yuan (ONSHORE) CLOSED UP TO 7.3028 CHINESE YUAN OFFSHORE CLOSED UP TO 7.3025// Oil DOWN TO 70.96 dollars per barrel for WTI and BRENT DOWN AT 74.00 Stocks in Europe OPENED ALL MIXED
ONSHORE USA/ YUAN TRADING AT LEVEL OF OFFSHORE YUAN/ONSHORE YUAN TRADING STRONGER AGAINST US DOLLAR/OFFSHORE YUAN STRONGER
xxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxx
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 7.3028
OFFSHORE YUAN: DOWN TO 7.3025
SHANGHAI CLOSED CLOSED UP 7.18 PTS OR 0.24%
HANG SENG CLOSED CLOSED DOWN 49.04 PTS OR 0.24%
2. Nikkei closed DOWN 356.22 PTS OR 0.96%
3. Europe stocks SO FAR: ALL MIXED
USA dollar INDEX UP TO 107.63 EURO RISES TO 1.0449 UP 33 BASIS PTS
3b Japan 10 YR bond yield: FALLS TO. +1.074 Japan buying 100% of bond issuance)/Japanese YEN vs USA cross now at 157.53…… JAPANESE YEN NOW FALLING AS WE HAVE NOW REACHED THE RE EMERGING OF THE YEN CARRY TRADE AGAIN AFTER DISASTROUS POLICY ISSUED BY UEDA
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: UP OFFSHORE: UP
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 UP for WTI and DOWN FOR UP this morning
3h European bond buying continues to push yields lower on all fronts in the EMU. German 10yr bund YIELD DOWN TO +2.3835 Italian 10 Yr bond yield DOWN to 3.528 //SPAIN 10 YR BOND YIELD DOWN TO 3.068
3i Greek 10 year bond yield DOWN TO 3.221
3j Gold at $2609.25/Silver at: 29.13 1 am est) SILVER NEXT RESISTANCE LEVEL AT $50.00//AFTER 28.40
3k USA vs Russian rouble;// Russian rouble DOWN 3 AND 31/100 roubles/dollar; ROUBLE AT 108.78
3m oil into the 70 dollar handle for WTI and 74 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 157.53 10 YEAR YIELD AFTER FIRST BREAKING .54% LAST YEAR NOW EXCEEDS THAT LEVEL TO 1.074% STILL ON CENTRAL BANK (JAPAN) INTERVENTION//YEN CARRY TRADE IS NOW UNWINDING.
30 SNB (Swiss National Bank) still intervening again in the markets driving down the FRANC. It is not working: USA/SF this 0.9032 as the Swiss Franc is still rising against most currencies. Euro vs SF: 0.9437 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: 4.538 DOWN 4 BASIS PTS…
USA 30 YR BOND YIELD: 4.780 DOWN 2 BASIS PTS/
USA 2 YR BOND YIELD: 4.289 DOWN 4 BASIS PTS
USA DOLLAR VS TURKISH LIRA: 35.29…
10 YR UK BOND YIELD: 4.6760 UP 2 PTS
10 YR CANADA BOND YIELD: 3.312 DOWN2 BASIS PTS
5 YR CANADA BOND YIELD: 3.039 DOWN 4 PTS.
2a New York OPENING REPORT
2B) EUROPEAN REPORT
2C ASIAN REPORT
3B NORTH KOREA/SOUTH KOREA
end
3C JAPAN
end
3D. CHINA/
China Orders Largest Military Build-Up Since 1930s Germany; Report
BY TYLER DURDEN
MONDAY, DEC 30, 2024 – 08:30 PM
According to a report by a national security expert, the People’s Republic of China has ordered the largest military build-up of any nation in the world since Germany in the 1930s, raising concerns about the military threat presented by China.
As Eric Lendrum reports for American Greatness, the claims were made in an article in The Federalist written by Chuck DeVore, the chief national initiatives officer at the Texas Public Policy Foundation. DeVore points out that while the American military has spent over $5.4 trillion on wasted wars such as the “War on Terror” and subsequent attempts at “nation-building,” China has been strengthening its military.
“China is engaging in an unprecedented military build-up that the world frankly hasn’t seen since Adolf Hitler in the 1930s,” said DeVore in an interview following the publication of his article.
“They’re massively building up their nuclear arsenal. We expect it to expand to at least 1,000 warheads by 2030, only five years from now. Probably going to be bigger than that,” DeVore explained.
“The Chinese Navy, not by tonnage, but by numbers is now larger than the U.S. Navy. China has something like 250 times the ship building capacity that America does.”
Among other expansions, China has increased the arsenal of the People’s Liberation Army Rocket Force (PLARF) by 50 new intercontinental ballistic missiles (ICBMs), bringing the new total to around 400.
The Department of Defense (DOD) also reports that 300 more medium-range ballistic missiles and 100 long-range cruise missiles have also been added.
China currently has over 600 operational nuclear warheads, and is expected to increase that total to over 1,000 by the year 2030.
Whereas the outgoing Biden Administration has taken a much softer stance on China, President-elect Donald Trump has vowed to crack down on China, both in terms of trade and military ambition.
The country’s most recent build-up efforts may be in anticipation of the expected challenges of a Trump presidency that will not let China get away with as much as it did under Biden.
END
4.EUROPEAN AFFAIRS//UK /SCANDINAVIAN AFFAIRS
EUROPE/USA
5 RUSSIAN AND MIDDLE EASTERN AFFAIRS
END
ISRAEL/USA/HOUTHIS//YEMEN
ISRAEL/USA/HOUTHIS//YEMEN
another ballastic missile fired from Yemen.
(JerusalemPost)
IProjectile from Yemen intercepted after sirens activated in central Israel
Magen David Adom said that no casualties have been reported so far, but that several people were injured on their way to a shelter.
By CORINNE BAUMDECEMBER 30, 2024 23:18Updated: DECEMBER 31, 2024 03:44
Sirens sounded across central Israel following a missile from Yemen, which was intercepted before it entered Israeli territory, the IDF announced Monday night.
The IDF said that alarms were triggered out of concerns about falling shrapnel or fragments from the interception.
The attack came after reports of US and UK strikes in Yemen.
The Houthis claimed the incident on Telegram, showing videos of people running to shelters from Israeli social media channels.
The military said that details are still under investigation.
Only mild injuries were reported
Magen David Adom said that an 18-year-old girl was mildly injured after she was hit by a car on her way to a shelter.
The organization noted that several people were injured on their way to a shelter, and some others were being treated for panic attacks.
Fragments of the ballistic missile were found in Beit Shemesh, KAN News reported.
Nightly attacks
Monday night’s launch comes after a string of nightly attacks from the Houthis in Yemen, which send millions of Israelis to shelters.
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Walla reported hundreds of people were forced to take cover at the Menorah Mivtachim Hall during the sirens that occurred in the middle of a Moshe Peretz concert.
The popular singer began to improvise during the sirens to his song “Tuttim (Strawberries)”, and sang “Houthim (Houthis)” instead, Walla reported.
Last Saturday, Jerusalem was targeted with projectiles from both Yemen and Gaza in less than 24 hours, potentially marking a significant shift in the landscape of the war.
Last week, a missile slammed into Jaffa and injured 16 people.
On Sunday, Hezam al-Asad, a senior-ranking member of the Houthis, wrote in Hebrew in a post on X/Twitter, saying: “As long as children in Gaza are killed every day, Zionists must not sleep.”
Takeoffs and landings were temporarily delayed at Ben-Gurion Airport, but they resumed within the hour.
“Surprises will come soon,” Hezam al-Asad, a senior-ranking member of the Houthis, posted on X/Twitter.
This is a developing story.
end
ISRAEL/USA/HOUTHIS//YEMEN
Israel warns Houthis of consequences for missile attacks at UN Security Council meeting
The US reiterated that it condemned the Houthis’ latest attacks on Israel and supports Israel’s right to self-defense at the UNSC meeting.
By HANNAH SARISOHN, REUTERSDECEMBER 30, 2024 20:03Updated: DECEMBER 30, 2024 22:43
The US called on the UN Security Council to respond to Iran’s “flagrant violations” of its resolutions to arming terrorist groups, and implored members with direct channels to Tehran to press its leaders to stop the Houthis from launching attacks that put civilians in harm’s way.
“It is past time for the Houthis to cease their reckless and destabilizing behavior, and this council should ensure that there are consequences for their actions,” the US said on Monday during the UNSC’s emergency session on the threat of the Houthis.
The session followed last week’s petition from Foreign Minister Gideon Sa’ar to convene the meeting.
“The Houthis have also taken hostages, including UN workers. I call on all countries who seek global stability to designate the Houthis as a terrorist organization,” Sa’ar said on Monday.
“It’s time for the international community to take action to counter the Houthis’ aggression.”
Houthis’ latest attacks on Israel
The US reiterated that it condemned the Houthis’ latest attacks on Israel and supports Israel’s right to self-defense, a statement also supported by the United Kingdom.
While the UK said, “Iran bears responsibility for the actions of its proxies,” it also said Israeli action must be consistent with international humanitarian law.
The UK added that it is concerned by Israel’s strikes on Yemeni civilian infrastructure, including Thursday’s strike on Sana’a’s airport, in which three people were killed and 16 were wounded.
UNSC members, including South Korea, Ecuador, Japan, France, and Switzerland, echoed the condemnation of the Houthis’ attacks on Israel, while also raising concern over Israel’s attack on the airport.
South Korea said that while Israel had its own reasons for responding to the Houthis, it must not hinder humanitarian assistance.
“Further escalation will only deepen the crisis,” South Korea said.
Japan, condemning the Houthis, said the group has to realize its conduct is not helping the Palestinians as it claims to.
Japan also said the Security Council cannot turn a blind eye to the amount of weapons the Houthis have in their possession.
The Russian Federation, meanwhile, ignoring its relationship with Tehran, said violence is on the rise, and the Security Council shouldn’t “dismiss the broader context,” as many hotspots of tension are provoked by Israel’s actions against the Palestinians.
While Russia did condemn the Houthis’ attacks in northern Israel and in Jaffa, it made no mention at all of Iran.
Danny Danon, Israel’s ambassador to the UN, described how the Houthis attacked the school he attended in his hometown.
“It’s time the world wakes up,” Danon said, noting Iran was the elephant in the room. “Iran’s fingerprints are on every missile, every drone.”
Danon issued on Monday what he called a “final warning” to the Houthis to halt their missile attacks on Israel, saying they otherwise risked the same “miserable fate” as Hamas, Hezbollah, and Syria’s Bashar al-Assad if they persisted.
He also warned Tehran that Israel has the ability to strike any target in the Middle East – including in Iran – and that Israel would not tolerate attacks by Iranian proxies.
The Houthis have repeatedly fired drones and missiles towards Israel in what they describe as acts of solidarity with Palestinians under Israeli fire in Gaza.
“To the Houthis, perhaps you have not been paying attention to what has happened to the Middle East over the past year. Well, allow me to remind you what has happened to Hamas, to Hezbollah, to Assad, to all those who have attempted to destroy us. Let this be your final warning. This is not a threat. It is a promise. You will share the same miserable fate,” Danon told the UNSC.
Speaking before the meeting, Danon told reporters: “Israel will defend its people. If 2,000 km. is not enough to separate our children from the terror, let me assure you, it will not be enough to protect their terror from our strengths.”
end
ISRAEL HOUTHIS LATE FRIDAY NIGHT/BRITAIN/USA
END
ISRAEL/
end
ISRAEL HAMAS
Israel at war: What happened on day 451?
After declaring Jabalya nearly cleared, IDF kills dozens of Hamas members.
By YONAH JEREMY BOBDECEMBER 31, 2024 03:13Updated: DECEMBER 31, 2024 03:25
The IDF said on Monday it killed dozens of Hamas members in Jabalya – just one day after it said the terror group was nearly cleared out of northern Gaza.
It also announced that Sgt. Uriel Peretz, 23, from Betar Illit, was killed in fighting in Beit Hanun, adding that in the attack, three soldiers from the 97th Battalion in the Kfir Brigade were critically wounded.
According to the military, locating and killing the terrorists was made possible by a mix of ongoing intelligence collection, operations to trick the men into an ambush, and both tank fire and gunfire.
The IDF invaded Jabalya in October 2023, again this past May, and then again in October.
By December 2023, the IDF declared Jabalya under operational control and that Hamas’s battalions were broken down.
Is military intelligence incorrect?
After the May invasion, the IDF said it destroyed 12 km. of Hamas tunnels and killed between 300-500 terrorists, leaving the area relatively clear.
After several weeks of operations in Jabalya starting this October, the IDF again said most of the terrorists there were cleared.
That was true until Friday and Sunday when the IDF said it had killed dozens more terrorists and arrested over 200. The IDF again said Jabalya was essentially cleared.
Monday’s announcement, while a positive tactical sign of progress against Hamas, suggested that military intelligence is consistently wrong about how many Hamas fighters remain in a given area like Jabalya. Part of the reason for this could be the large number of Palestinian terrorists who fake being unarmed civilians most of the time.
Another could be that Hamas continues to successfully recruit adolescents and minors, who have very little to do with their time and are battered by over a year’s worth of strikes, along with an unprecedented number of those whose families and friends have been killed by the IDF.
The IDF also said it believes and hopes that the recent rocket fire from northern Gaza was Hamas rushing to clear out its last inventory of rockets from the area before the military bears down on them. However, to date, the IDF has not been able to fully stop rocket fire from Gaza.
After multiple small rounds of rockets were fired over the last week, Hamas fired a rocket from central Gaza into open fields near Kissufim on Monday.
This failure to clear out Hamas, even just out of one area of the northern half of northern Gaza could be one reason why military sources on Sunday were more forthright about admitting that – if ordered – the IDF would prolong keeping Jabalya cut-off from Gaza City.
Both areas are broadly part of northern Gaza, but Jabalya, along with Beit Hanun and Beit Lahiya, are part of the northernmost half, which has been progressively emptied out of people since early October.
In early October, the IDF evacuated tens of thousands of Palestinians to Gaza City and further south, while large numbers of Hamas terrorists were also killed.
Both due to global criticism and having exhausted the main Hamas areas to attack at the time, the IDF returned to smaller-scale operations against terrorist cells for much of the last two months.
This all comes amid a debate about whether Israel is implementing the “General’s Plan,” proposed by several senior former IDF officials, to empty all of northern Gaza of Palestinians – including civilians – and cut it off completely, as a pressure move against Hamas.
The Biden administration and European allies strongly opposed the plan. Israel has denied that it was adopted at all, but in practice, it seems to have been half-implemented in parts of northern Gaza, while the military allowed some Palestinians to remain in Gaza City.
Kamal Adwan Hospital operations
On Friday, Israeli security forces arrested over 240 terrorists in a targeted operation against Hamas’s latest attempt to reconstitute itself in northern Gaza, largely embedded within the Kamal Adwan Hospital in Jabalya.
The IDF arrested hospital director Dr. Hussam Abu Safiya on Sunday. Amnesty International expressed concern about what would happen to him and demanded he be released immediately and unconditionally.
The IDF took credit on Sunday for a commando raid on an underground Iranian missile production facility near the city of Maysaf in Syria in early September. The Jerusalem Post learned of this in late September, but could only confirm after KAN was permitted to publish the information.
That a raid took place – but without Israeli confirmation – was first reported by Axios on September 12. The Post received confirmation of it shortly after.
It appears that Israeli censor and secrecy rules regarding operations in Syria have become more flexible, given the massive increase in IDF operations in Syria since the fall of the Assad regime earlier this month. Information that security officials likely view any threat of retaliation from Syria is likely at a much lower risk level.
The raid targeted two significant sites, which were the Syrian defense industry’s Scientific Studies and Research Center and the underground missile production facility run by Iran’s Islamic Revolutionary Guards Corps.
Israel, which had tracked the facility for years, informed the US about the operation in advance. The IDF prepared its plans after it detected that Iran transferred components for a precision missile project into the facility. Israel then decided to address the “growing threat.”
The decision to carry out the strike was believed to be influenced by concerns over the war, along with the potential risk that the Iranian missile factory would begin mass-producing missiles. The weapons were reportedly intended to be used as a supply for Hezbollah.
The operation occurred approximately 200 km. from Israeli territory and was deemed urgent to prevent the facility from reaching full production capacity.
Jerusalem Post Staff contributed to this report.
END
HAMAS/ISRAEL
END
TIMES OF ISRAEL
END
ISRAEL/GAZA/JABALYA/
END
ISRAEL HAMAS
END
ISRAEL/HAMAS/JABALYA RAID
end
ISRAEL/HAMAS/
END
ISRAEL/HAMAS/TIMES OF ISRAEL
end
Monday/late news
ISRAEL/WEST BANK/
END
ISRAEL//LEBANON
END
SYRIA/
Six Scenarios For Syria
MONDAY, DEC 30, 2024 – 09:45 PM
Authored by As`ad AbuKhalil via Consortium News,
The situation of Syria is like the chaos of Libya but there are many more actors (local and external) operating, making it difficult to foresee what will happen…
It is naive to assume that the current regime in Syria will remain in place – as it is – going forward…
Syria is now in a state of uneasy transition and the political-military situation will remain in flux as long as the conflicts between the various armed and civic groups are not resolved.
We have seen during the age of the Arab uprisings that the collapse of a regime does not necessarily produce a stable or a democratic government. In Tunisia, the democratic transition was concluded when the current president decided to exclude the Islamists from power and to rule as a despot.
In Egypt, the UAE and Saudi regimes helped install a military government headed by Gen. Abdel Fattah al-Sisi to end the elected rule of the Muslim brotherhood. The conflicts in these countries are not purely the outcome of internal developments, but often reflect regional conflicts, conspiracies and competition.
Turkey and Qatar support the rule of the Muslim Brotherhood, while Saudi Arabia and UAE support their ouster and exclusion from government. This will be central in understanding what comes next in Syria.
Israel and the U.S. are close to the Saudi-UAE camps but are also close to Qatar; and the Muslim Brotherhood seems to work well with the U.S. and even avoid pushing a radical line against Israel.
June 16, 2012: Street in Cairo during second round of presidential elections, which Muslim Brother’s candidate Mohamed Morsi won. (Jonathan Rashad, Flickr, CC BY-NC-SA 2.0)
President Mohamed Morsi of Egypt did not attempt to abrogate the peace treaty with Israel and even allowed the continuation of the military-intelligence coordination with Israel.
Furthermore, after a meeting at the Washington Institute for Near East Policy (WINEP) in Washington, Rashid Ghanoushi, head of the Islamists of Tunisia, complied with U.S. wishes and froze a push in the Tunisian parliament to criminalize normalization with Israel.
Syria is a more complex political and military situation for several reasons.
The U.S. maintains an occupation of sizable territory in Syria. Whenever the U.S. keeps troops in a country that operates outside the control of the local government, that the country (or a chunk of it at least) is under U.S. occupation.
In Iraq, the U.S. maintains a few thousand troops, but it continues to wield tremendous influence over the government and rejects parliamentary calls for the withdrawal of those troops.
We learned in recent weeks that the size of the U.S. military force in Syria is double what the public has been told, and the presence even of a small military contingent requires a sizable military suppor force in the region.
The U.S. is not only fighting ISIS (while the U.S. does not give a timetable or a roadmap for its unending fight against ISIS) but it also provides support for militias that are under its control in Syria.
The U.S. preaches state monopoly of the use of force in the Middle East except where U.S. surrogate militias operate in a country.
Turkish & Israeli Roles
Turkey has a strong military presence in Syria and — like the U.S. — can easily influence developments on the ground, making things easier or more difficult for whatever government that may arise in Syria. Turkey’s military and intelligence intervention was key to the ouster of Bashar Al-Assad.
Israel has expanded its occupation of Syrian territory and has been conducting hundreds of bombing raids inside the country after the collapse of the regime. Like the other actors, Israel wants to shape the orientation and policy of the future government and seeks to prevent a radical or democratic regime from emerging.
The regional conflict has not been decisively resolved yet.
So far, the Turkish-Qatari-Israeli-U.S. axis has scored major successes in Syria (thanks to their support or indulgence of the former Al-Qa`idah militia which now runs the country) but Russia and Iran may still try to either take revenge or enhance their regional power status.
Russia lost a major strategic military presence inside the country, while Iran lost the direct link to Hizbullah, which passed through Syria.
More than in the cases of Tunisia and Egypt, there are many militias operating in Syria, and they all have external sponsors. Outside powers will be involved in the formation of the new government in Syria.
The situation of Syria is like the chaos of Libya but there are many more actors (local and external) operating there.
Turkey’s President Recep Erdogan in September 2023. (Sergey Guneev, RIA Novosti, President of Russia)
The Six Scenarios
While it is not clear how the local and regional conflicts will affect the emergence of a new and potentially stable government in Syria, it is possible to consider these scenarios.
1. Libyan Model
Syria may very well follow the example of Libya. Like Libya, the regional conflicts between those who support the Islamists and those who abhor them may play out for many years to come.
The Obama administration promised with great excitement a new democracy in Libya and an end to tyrannical rule after the NATO assault in 2011.
In Syria, the various Islamist militias have a history of bloodshed that may not end just because Hay’at Tahrir Sham (HTS) has taken control of the central government — at least formally.
The size of the new government’s militia is not large and it may face military challenges from various fronts. If Syria were to follow the scenario of Libya, it would mean that Russia, Turkey, Qatar, UAE and the U.S. will all be involved. It would also bring in Israel, which harbors keen interest in establishing a client regime in Damascus.
The massive Israeli bombing of Syria since Assad’s fall was intended to demolish Syria’s military infrastructure and intimidate the new government. HTS quickly signaled it has no agenda against Israel, and does not concern itself—not even verbally—with the aim of liberating Syrian territory from Israeli occupation.
The potential for disintegration and fragmentation is particularly high because Syria is far less homogeneous (ethnically and religiously) than Libya. The crackdown by the new government against Alawites has triggered outrage and calls for self-defense in the Alawite region.
2. Military Coup
The UAE and Saudi Arabia may very well arrange for a military coup to install a client military despot, like Sisi in Egypt.
The UAE was instrumental in the Egyptian coup of 2013 and its media have been alone in expressing alarm regarding the new regime in Damascus. After all, the UAE’s ruler was in close contact with Assad to the very end and was steering him away from Iran and the “axis of resistance.”
In fact, since Assad’s rapprochement with the UAE began he had been restricting the movement and activities of Iranian and Hizbullah military officers. This coup scenario would work to establish a regional alliance of republican despotic regimes tied to the Saudis and the Emiratis.
Of the two, the UAE has thus far been more successful in imposing its political and military will in Somalia, Yemen (south), Libya, Sudan (with the RSF) and Egypt.
An installed military regime could easily be integrated into the Abraham accords once the Saudis reach agreement with Israel on a peace treaty. The problem with this scenario is that the UAE is the chief opponent of the Muslim Brotherhood in the region that wields influence in Syria.
That would mean imposing brute force against them just like in Egypt, which had been the Brotherhood’s base before and after the fall of Hosni Mubarak.
3. Democracy
Voting in the 2021 Syrian presidential election. (Habib Kamran/Wikimedia Commons)
The new government would heed the call of many Syrians and begin a transitional period in which free elections are held and a new constitution is drafted. That would lead to the formation of a democratic government, something that Syria has not experienced since the 1950s when the democratic order was very flawed and subject to outside intervention and manipulation.
This democratic scenario would alarm both Israel and the U.S. who are keenly aware that people— left to their own devices – -would not necessarily serve Western and Israeli interests. Despotic rule is always preferable to the West and Israel. The U.S. hasn’t yet lifted its cruel sanctions against the Syrian people (though it did lift the $10 million bounty on the HTS leader’s head) because Washington can use it to blackmail any future Syrian government.
4. HTS Dictatorial Rule
The HTS would monopolize political power and rule alone disregarding demands for wider representation. Such a scenario would alarm religious minorities and women given the ideological origins of the new rulers. The U.S. and Israel may favor this scenario if the alternative is an uncontrollable democracy near Palestine.
5. Syria Breaks Up
Syria could lose its territorial integrity and become a patch of semi-independent, sectarian enclaves where the Druze would govern their own province, and the Alawites and Kurds would do the same ad so on. This scenario would be too alarming for Turkey, which is willing to use military force to crush an independent Kurdish statelet inside Syria.
The West and Israel would favor such an outcome; after all, Joe Biden and Antony Blinken advocated dividing Iraq into three enclaves after the American invasion of 2003. If this scenario arises, Northern Lebanon (Tripoli and Akkar) may ask to join the Sunni enclave.
6. Restoration
The least likely scenario entails the restoration of the old regime with the assistance of Iran and Hizbullah. Members of the “axis of resistance” are furious at Assad for abandoning power so quickly; they are also outraged over revelations of his close coordination with the UAE to distance Syria from Iran.
Iran and Hizbullah have been weakened and won’t risk their forces to defend the ousted regime if Assad indicated he wanted to return. Their intervention in Syria on his behalf would trigger Israel targeting them.
It is most difficult to predict the political future of Syria. It has never been an easy country to govern and the nightmarish experience of living under the Assad regime for decades embittered many Syrians.
But the ideology the new rulers of Syria brings is too alien to a society that is diverse and has a history of secularist tendencies. There are many claimants to power inside the country, and a multiplicity of outside powers who want a piece of Syria (figuratively or literally).
Whatever happens, the next phase will not be peaceful.
END
SYRIA
end
RUSSIA/FINLAND
END
TURKEY
end
RUSSIA/UKRAINE
RUSSIA/USA
END
UKRAINE/USA/MUSK/RUSSIA
END
RUSSIA/UKRAINE/USA
6.GLOBAL ISSUES//COVID ISSUES/VACCINE ISSUES/HEALTH ISSUES
please do not take this garbage. it will harm you.!!
(zerohedge)
Lockdown Fanatic Leana Wen Pushing Bird Flu Jabs Before Trump Takes Office
MONDAY, DEC 30, 2024 – 06:50 PM
Leana Wen – the former Baltimore Health Commissioner who burst onto the scene during the Boston Marathon Bombing – only to recommend forcing the unvaccinated to remain indoors during the COVID pandemic – is now pushing the Biden administration to expedite the approval of a bird flu vaccine before Donald Trump’s inauguration.
During a Sunday interview with CBS News‘s “Face the Nation,” Wen said “There are two main things they should be doing in the days that they have left,” adding “The first is to get testing out there… we should have learned out lesson from Covid that just because we are not testing, it doesn’t mean the virus isn’t there.”
Wen then said that the “second very important thing” is that the Biden administration work to secure FDA authorization for the widespread use of bird flu vaccine, adding that Trump has “people coming in with anti-vaccine stance.”
The H5N1 vaccine is awaiting FDA approval, as several manufacturers have been lined up to crank out almost 5 million doses.
“There’s research done on it. They could get this authorized now, and also get the vaccine out to farm workers and to vulnerable people,” said Wen.
Wen’s comments come after a handful of housecats and livestock died of the virus – leading California to declare a state of emergency, and one man was hospitalized with a severe case that was found to be a mutated version.
There has been no evidence of human-to-human spread, though we’re sure the Wuhan alumni can fix that.
More on Wen from Dr. Simon Goddek;
GLOBAL ISSUES//
MARK CRISPIN MILLER
DR PAUL ALEXANDER
EVOLS NEWS
SLAY NEWS
| The latest reports from Slay News |
NEWS ADDICTS
MICHAEL EVERY/PHIL MAREY/OR OTHER EXECS //RABOBANK/
7.OIL AND NATURAL GAS ISSUES/GLOBAL
8. EMERGING MARKETS//AUSTRALIA NEW ZEALAND ISSUES//
END
YOUR EARLY CURRENCY/GOLD AND SILVER PRICING/ASIAN CLOSING MARKETS AND EUROPEAN BOURSE OPENING AND CLOSING/ INTEREST RATE SETTINGS TUESDAY MORNING 6;30AM//OPENING AND CLOSING
EURO VS USA DOLLAR: 1.0449 UP 33 BASIS PTS
USA/ YEN 157.53 DOWN 0.176 NOW TARGETS INTEREST RATE AT 1.00% AS IT WILL BUY UNLIMITED BONDS TO GETS TO THAT LEVEL…//YEN STILL FALLS//END OF YEN CARRY TRADE BEGINS AGAIN OCT 2024/Bank of Japan raises rates by .15% to 1.15..UEDA ENDS HIKING RATES AND NOW CARRY TRADES RE INVENTS ITSELF//
GBP/USA 1.2591 UP .0041 OR 41 PTS
USA/CAN DOLLAR: 1.4384 UP 0.0005 (CDN DOLLAR DOWN 5 BASIS PTS)
Last night Shanghai COMPOSITE CLOSED UP 7.18 PTS OR 0.21%
Hang Seng CLOSED DOWN 49.04 PTS OR .24%
AUSTRALIA CLOSED DOWN .28%
// EUROPEAN BOURSE: ALL MOSTLY MIXED
Trading from Europe and ASIA
I) EUROPEAN BOURSES: ALL MOSTLY MIXED
2/ CHINESE BOURSES / :Hang SENG CLOSED DOWN 49.04 PTS OR ,24%
/SHANGHAI CLOSED UP 7,18 PTS OR 0.21%
AUSTRALIA BOURSE CLOSED DOWN .28%
(Nikkei (Japan) CLOSED DOWN 356.22 PTS OR 0.96%
INDIA’S SENSEX IN THE RED
Gold very early morning trading: 2620.50
silver:$29.44
USA dollar index early TUESDAY morning: 107.63 DOWN 17 BASIS POINTS FROM MONDAY’s CLOSE.
TUESDAY MORNING NUMBERS ENDS
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And now your closing TUESDAY NUMBERS 1: 30 AM
Portuguese 10 year bond yield: 2.810% DOWN 4 in basis point(s) yield
JAPANESE BOND YIELD: +1.073% DOWN 2 AND 7/ 10 BASIS POINTS /JAPAN losing control of its yield curve/
SPANISH 10 YR BOND YIELD: 3.059 DOWN 3 in basis points yield
ITALIAN 10 YR BOND YIELD 3.526 DOWN 1 points in basis points yield ./ THE ECB IS QE’ ING ITALIAN BONDS (BUYING ITALIAN BONDS/SELLING GERMAN BUNDS)
GERMAN 10 YR BOND YIELD: 2.3640 DOWN 2 BASIS PTS
IMPORTANT CURRENCY CLOSES : TUESDAY
Closing currency crosses for day /USA DOLLAR INDEX/USA 10 YR BOND YIELD/1:00 PM
Euro/USA 1.0405 DOWN .0011 OR 11 basis points
USA/Japan: 157.18 DOWN 0.526 OR YEN IS UP 52 BASIS PTS//
Great Britain 10 YR RATE 4.6545 DOWN 2 BASIS POINTS //
Canadian dollar DOWN .0032 OR 32 BASIS pts to 1.4411
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The USA/Yuan, CNY ON SHORE CLOSED DOWN 7.3030 (ON SHORE)
THE USA/YUAN OFFSHORE: (YUAN CLOSED (DOWN)…. (7.3032)
TURKISH LIRA: 35.33 EXTREMELY DANGEROUS LEVEL/DEATH WATCH/HYPERINFLATION TO BEGIN.//
the 10 yr Japanese bond yield at +1.073
Your closing 10 yr US bond yield DOWN 7 in basis points from FRIDAY at 4.544% //trading well ABOVE the resistance level of 2.27-2.32%)
USA 30 yr bond yield 4.797 DOWN 5 in basis points /11:00 AM
USA 2 YR BOND YIELD: 4.264 DOWN 7 BASIS PTS.
GOLD AT 11;00 AM 2611.60
SILVER AT 11;00: 29.16
Your 11:00 AM bourses for Europe and the Dow along with the USA dollar index closing and interest rates: TUESDAY CLOSING TIME 11:00 AM//
London: CLOSED DOWN 28.77 pts or .35%
German Dax : DOWN 78.18 pts or .38%
Paris CAC CLOSED DOWN 41.81 pts or 0.57%
Spain IBEX CLOSED UP 5.20 PTS OR .05%
Italian MIB: CLOSED UP 25.21 PTS OR 0.07%
WTI Oil price 71.13 11 EST/
Brent Oil: 74.28 11:00 EST
USA /RUSSIAN ROUBLE /// AT: 108.00 ROUBLE DOWN 2 AND 53/100
GERMAN 10 YR BOND YIELD; +2.3640 DOWN 3 BASIS PTS.
UK 10 YR YIELD: 4.6575 DOWN 1 BASIS POINTS
CDN 10 YEAR RATE: 3.280 DOWN 7 BASIS PTS.
CDN 5 YEAR RATE: 3.014 DOWN 4 BASIS PTS
CLOSING NUMBERS: 1 PM
Euro vs USA 1.0401 DOWN 0.0015 OR 15 BASIS POINTS
British Pound: 1.2549 DOWN 0.0009 OR 9 basis pts
BRITISH 10 YR GILT BOND YIELD: 4.6080 DOWN 8 BASIS PTS//
JAPAN 10 YR YIELD: 1.070
USA dollar vs Japanese Yen: 156.868 DOWN 540 BASIS PTS// HEADING FOR 160 TO THE DOLLAR
USA dollar vs Canadian dollar: 1.43.58 DOWN 0022 BASIS PTS CDN DOLLAR UP 22 BASIS PTS
West Texas intermediate oil: 71.25
Brent OIL: 74.11
USA 10 yr bond yield DOWN 8 BASIS pts to 4.547
USA 30 yr bond yield DOWN 5 BASIS PTS to 4.766%
USA 2 YR BOND: DOWN 7PTS AT 4.257
CDN 10 YR RATE 3.259 DOWN 7 BASIS PTS
CDN 5 YEAR RATE: 2.992 DOWN 6 BASIS PTS
USA dollar index: 107.85 UP 6 BASIS POINTS
USA DOLLAR VS TURKISH LIRA: 35.33 GETTING QUITE CLOSE TO BLOWING UP/
USA DOLLAR VS RUSSIA//// ROUBLE: 110.50 DOWN 5 AND 03/100 roubles
GOLD 2,608.45 3:30 PM
SILVER: 29.02 3:30 PM
DOW JONES INDUSTRIAL AVERAGE: DOWN 418.48 PTS OR 0.97%
NASDAQ DOWN 275.83 PTS OR 1.28%
VOLATILITY INDEX: 16.82 UP 0.87 PTS OR 5.47%
GLD: $240.43 DOWN 0.77 OR 0.32%
SLV/ $26.43 DOWN .33 OR 1.23%
TORONTO STOCK INDEX// TSX INDEX: CLOSED DOWN 140.86 PTS OR 0.57%
end
USA AFFAIRS
ZEROHEDGE HEADLINE/TODAY’S TRADING
II USA DATA
US Credit Card Defaults Soar To Crisis Highs As Inflation Storm Crushes Working-Poor
MONDAY, DEC 30, 2024 – 04:40 PM
The party is long over for the bottom third of US consumers, as maxed-out credit cards and depleted personal savings have pushed credit card loan defaults to their highest level since the 2008 financial crisis.
Financial Times cited new data from BankRegData revealing that credit card companies wrote off $46 billion in “seriously delinquent loan” balances in the first nine months of the year—an alarming 50% increase from the same period last year and the highest level in 14 years.
US credit debt recently surpassed $1 trillion and continues to expand rapidly. Making matters worse, annual percentage rates (APRs) on credit card debt have hit record highs, compounding the financial misery for cash-strapped consumers in the era of failed ‘Bidenomics’.
Despite the interest rate cut, the average APR on credit card debt reached a new record at the end of the third quarter.
With the election over, the Biden administration’s Department of Commerce revised personal savings data downward by a staggering $140 billion. In other words, radicals in the Biden administration and far-left Democrats pushed nothing more than economic propaganda.
The head of Moody’s Analytics, Mark Zandi, noted, “High-income households are fine, but the bottom third of US consumers are tapped out,” adding, “Their savings rate right now is zero.”
This collapse in personal savings, combined with insurmountable credit card debt, largely explains why the bottom third of Americans are not only living paycheck to paycheck but also have financially committed suicide with the explosive use of toxic Buy Now, Pay Later services.
“Consumer spending power has been diminished,” Odysseas Papadimitriou, head of consumer credit research firm WalletHub, pointed out.
WalletHub’s Papadimitriou warned, “Delinquencies are pointing to more pain ahead.”
III USA ECONOMIC NEWS
IIIB USA COMMENTARIES RE ISRAEL/HAMAS WAR/ and PERVASIVE ANTISEMITISM/WOKISM
end
iiiC USA COVID //VACCINE ISSUES/IMPORTANT MEDICAL ISSUES
END
FREIGHT ISSUES/USA/
END
VICTOR DAVIS HANSON OR NEWT GINGRICH/TUCKER CARLSON
TUCKER CARLSON INTERVIEWING
KING REPORT
SWAMP STORIES FOR YOU TONIGHT
Obama’s ‘Censorship’ Office Goes Bankrupt
BY TYLER DURDEN
MONDAY, DEC 30, 2024 – 08:55 PM
Authored by Gabe Kaminsky via RealClearPolitics.com,
The Global Engagement Center, an office housed within the State Department and aiming to thwart disinformation and misinformation, has been forced by Congress to close up shop. It’s no mystery why; the taxpayer-backed GEC violated its mandate to work only overseas and devolved into a partisan enabler of speech suppression in the United States.
Here’s how…
Founded in 2016 and technically the product of an Obama-era executive order on counterterrorism, the GEC lapsed in December and lost congressional funding. Over the last two years, my investigative reporting in the Washington Examiner as well as that of Racket News journalist Matt Taibbi pulled back the curtain of the GEC’s ties to foreign and domestic NGOs trying to defund news outlets they say peddle disinformation – including RealClearPolitics. My reporting showed that the GEC and the State Department-funded National Endowment for Democracy combined granted almost $1 million to the British Global Disinformation Index, which created a blacklist of U.S.-based websites that published content it determined to push “adversarial narratives” and then pressured advertisers to shut them down (think the Hunter Biden laptop story and COVID-19 lab leak hypothesis).
The GEC, moreover, was involved with the Election Integrity Partnership, a consortium of left-wing nonprofit groups, universities, and federal agencies that pressured Twitter and Facebook to remove GOP-aligned content in the lead-up to the 2020 presidential election. The GEC also bankrolled New York-based company NewsGuard, a “misinformation” tracker that, along with the Global Disinformation Index, has found itself at the center of a lawsuit brought by the Federalist, the Daily Wire, and the State of Texas against the GEC for allegedly funding an unconstitutional “censorship scheme” that suppressed voices on the right.
Taibbi, the former Rolling Stone writer, demonstrated that the GEC pressured social media platforms in the early days of the COVID-19 pandemic to moderate extensive content, testifying to Congress in March 2023, “We learned Twitter, Facebook, Google, and other companies developed a formal system for taking in moderation ‘requests’ from every corner of government: the FBI, DHS, HHS, DOD, the Global Engagement Center at State, even the CIA.”
In turn, these revelations and others culminated in a high-level pressure campaign in December that resulted in the GEC losing out on a one-year lifeline through a congressional spending package. Elon Musk and Vivek Ramaswamy joined President-elect Donald Trump in demanding that House Speaker Mike Johnson – who had initially brokered a controversial deal to allow the GEC to continue to receive more of your tax dollars – remove the pro-GEC provision. Once this powerful trio came out against more GEC funding, the nail was squarely in the coffin. It didn’t help Johnson that conservative lawmakers with clout in Trump World such as Dan Bishop, Trump’s pick for a high-ranking role at the Office of Management and Budget, fervently opposed the bill.
Soon, the bill was dead. And the GEC with it.
As Taibbi and I investigated the GEC, the taxpayer-funded office even circulated internal guidance with the aim of discrediting our reporting and unfairly linking a congressman whom I interviewed to a Russian state news outlet. The saga, first reported by the New York Post, demonstrated the lengths to which the GEC would go to try to save itself from First Amendment scrutiny.
The campaign was wildly unsuccessful. It arguably backfired.
And the congressman who was targeted, Jim Banks, launched a House investigation into the matter – writing in a letter to Secretary of State Antony Blinken, “In response to Mr. Kaminsky’s reporting, the State Department sent out press guidance defending its attempted suppression of U.S. news organizations. That guidance misleadingly changes a quote that I sent to Gabe Kaminsky and the Washington Examiner criticizing the GEC.”
“The intentional misquotation gives the impression that I had been speaking with a Russian propaganda outlet,” the Indiana Republican wrote to Blinken in the recent letter. A watchdog group then filed a Freedom of Information Act request for more details on the internal memo. And Darrell Issa, who had helped lead the charge in investigating the GEC for its ties to apparent censorship, also wrote a letter to Blinken pressing for the GEC to close its doors over “the outright censorship of Americans by the State Department under your tenure.
“By smearing anyone who disagrees with it as a Russian stooge, this network conflates U.S. citizens with a U.S. adversary, as State Department talking points did to my colleague Representative Jim Banks and the award-winning journalists Gabe Kaminsky and Matt Taibbi in a scheming sleight of hand that ruled out of bounds political opinions and fact-based reporting it opposed but cannot refute,” Issa, a California Republican and senior House Foreign Affairs Committee member, wrote in a letter to Blinken in September.
While the GEC is no more, the employees who helped lead the office over the years are being reassigned elsewhere in the U.S. government, likely within the State Department, the agency said in a recent court filing.
The GEC’s failure to win reauthorization is a further vindication of our reporting on its seemingly unlawful activities.
But make no mistake: We will be watching to see where the federal officials accused in court of facilitating “one of the most egregious government operations to censor the American press in the history of the nation” end up next on the taxpayers’ dime. Sunlight is the best disinfectant.
GREG HUNTER
SEE YOU ON THURSDAY//HAPPPY NEW YEAR
harveyorganblog.com 
