GOLD CLOSED DOWN $1.35 TO $2939,40
SILVER CLOSED DOWN 40CENTSTO $33.06
GOLD ACCESS CLOSED 2935.90
Silver ACCESS CLOSED: $32.54
Bitcoin morning price:$95,650 UP 565DOLLARS.
Bitcoin: afternoon price: $95,160UP 75 DOLLARS
Platinum price closing DOWN $11,35 TO $970,90
Palladium price; DOWN $9.40 TO $976,45
END
*CANADIAN GOLD: $4178.76 UP 8.18 CDN dollars per oz( * NEW ALL TIME HIGH 4178.76CDN DOLLARS PER OZ//FEB 21 2025)
*BRITISH GOLD: 2324.62 UP 2.30 Pounds per oz// *(NEW ALL TIME HIGH//CLOSING///2,339.25 BRITISH POUNDS/OZ) FEB 10/2025
*EURO GOLD: 2,807,10 UP 5.83 Euros per oz //* (ALL TIME CLOSING HIGH: 2,815.52EUROS PER OZ/FEB 18 //2025)
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END
EXCHANGE
EXCHANGE: COMEX
CONTRACT: FEBRUARY 2025 COMEX 100 GOLD FUTURES
SETTLEMENT: 2,940.000000000 USD
INTENT DATE: 02/20/2025 DELIVERY DATE: 02/24/2025
FIRM ORG FIRM NAME ISSUED STOPPED
092 C DEUTSCHE BANK 1
118 C MACQUARIE FUT 26
118 H MACQUARIE FUT 65
190 H BMO CAPITAL 12
323 C HSBC 184
332 H STANDARD CHARTE 1
363 H WELLS FARGO SEC 71
435 H SCOTIA CAPITAL 87
657 H MORGAN STANLEY 262
661 C JP MORGAN 206
686 C STONEX FINANCIA 16 18
690 C ABN AMRO 18 1
726 C PLUS500US FINAN 1
737 C ADVANTAGE 5
880 H CITIGROUP 1
905 C ADM 5
TOTAL: 490 490
MONTH TO DATE: 74,114
JPMorgan stopped (received) 01574contracts/3655
GOLD: NUMBER OF NOTICES FILED FOR FEBRUARY/2024. CONTRACT: 490 NOTICES FOR 49,000 OZ 1.524 TONNES
total notices so far: 74,144 contracts for 7,414,400Oz (230.525tonnes)
FOR FEB.
SILVER NOTICES: 104 NOTICE(S) FILED FOR 0.520 MILLION OZ/
total number of notices filed so far this month : 4493 for 22.415 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 $1,35 INVESTORS SWITCHING TO SPROTT PHYSICAL (PHYS) INSTEAD OF THE FRAUDULENT GLD:
HUGE CHANGES IN GOLD INVENTORY AT THE GLD: A DEPOSIT OF 5.77ONNES
INVENTORY RESTS AT 883.72TONNES
SLV/
WITH NO SILVER AROUND AND SILVER DOWN 40 CENTS AT THE SLV: HUGE CHANGES IN SILVER INVENTORY AT THE SLV: A WITHDRAWAL OF 0.456MLLION OZ
INVESTORS ARE SWITCHING SLV TO SPROTT’S PSLV.
CLOSING INVENTORY: 434.715MILLION OZ
Let us have a look at the data for today
SILVER//OUTLINE
SILVER COMEX OI ROSE BY A HUGE SIZED 2113 ONTRACTS TO 171,465 AND CONTINUING ON ITS MARCH TO THE RECORD HIGH OI OF 244,710, SET FEB 25/2020, AND THIS STRONG SIZED LOSS IN COMEX OI WAS ACCOMPLISHED WITH OUR GAIN OF $0,29 IN SILVER PRICING AT THE COMEX WITH RESPECT TO THURSDAY’S TRADING. WE HAD A HUMONGOUS GAIN OF 2563 TOTAL CONTRACTS ON OUR TWO EXCHANGES WITH OUR GAIN IN PRICE//THURSDAY’S TRADING.. WE HAD HUGE LIQUIDATION OF T.A.S. CONTRACTS ON THURSDAY COMEX TRADING/ AS THEY DESPERATELY TRIED TO CONTAIN SILVER’S PRICE RISE FOR THE PAST 4 WEEKS (WHERE RAIDS ARE CALLED UPON AGAIN AND AGAIN TRYING TO STOP THE RISE IN SILVER’S PRICE AND TO QUELL ADDITIONAL DERIVATIVE LOSSES TO OUR BANKERS’ MASSIVE TOTALS). THEY FAILED ON THURSDAY WITH SILVER’S RISE IN PRICE BY 29 CENTS. WE HAD A HUGE T.A.S. LIQUIDATION THURSDAY COUPLED WITH ANOTHER NEW STRONG T.A.S. ISSUANCE OF 910 CONTRACTS ISSUED BY THE CME AND THAT SIGNALS DEEP CODE RED THAT THE CROOKS ARE DESPERATE TO STOP SILVER BREAKING OVER THE 34.00 DOLLAR MARK. WE HAVE A HUGE CONTANGO IN SILVER SPOT VS FRONT FEB OF AROUND 95 CENTS AND A LEASE RATE OF 6%. WE HAD A 450 CONTRACT EXCHANGE FOR PHYSICAL ISSUANCE ACCOMPANIED BY OUR STRONG 910 CONTRACT T.A.S ISSUANCE WHICH WILL BE USED IN FUTURE TRADING AS THEY PLAY AN INTEGRAL PART IN OUR COMEX TRADING TRYING TO CONTAIN ANY SILVER PRICE RISE. IN ESSENCE WE GAINES A HUGE SIZED 2563 CONTRACTS ON OUR TWO EXCHANGES WITH OUR GAIN IN PRICE. WE HAD HUGE TAS LIQUIDATION THROUGHOUT THURSDAY’S COMEX TRADING SESSION/
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 INITIATE A RAID AS WHAT HAPPENED SEVERAL TIMES LAST MONTH AND AGAIN WITH THIS WEEK’S TRADING ON SILVER.
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 THURSDAY NIGHT/FRIDAY MORNING: A STRONG 910 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
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 UNSUCCESSFUL IN KNOCKING THE PRICE OF SILVER DOWN (IT ROSE BY $0.29 AND WERE UNSUCCESSFUL IN KNOCKING OFF ANY NET SILVER LONGS FROM THEIR PERCH AS WE HAD A HUGE GAIN IN OUR TWO EXCHANGES OF 2563 CONTRACTS WE HAD A MASSIVE LIQUIDATION OF T.A.S. CONTRACTS TRYING TO CONTAIN SILVER’S PRICE RISE
WE HAD A 450 CONTRACT ISSUANCE OF EXCHANGE FOR PHYSICALS) iiii) AN INITIAL SILVER STANDING FOR COMEX SILVER MEASURING AT 10.105 MILLION OZ (FIRST DAY NOTICE) FOLLOWED BY TODAY’S 9CONTRACT E,F,P, TRANSER TO LONDON FOR 45,000 OZ
// STANDING FOR SILVER//FEB LOWERS TO 22.640 MILLION OZ
WE HAD:
/ HUGE SIZED COMEX OI GAIN+// A GOOOD SIZED EFP ISSUANCE/ VI) STRONG SIZED NUMBER OF T.A.S. CONTRACT ISSUANCE 910 CONTRACTS)/
I AM NOW RECORDING THE DIFFERENTIAL IN OI FROM PRELIMINARY TO FINAL: REMOVED 1282 CONTRACTS.
HISTORICAL ACCUMULATION OF EXCHANGE FOR PHYSICALS FEB. ACCUMULATION FOR EFP’S SILVER/JPMORGAN’S HOUSE OF BRIBES/STARTING FROM FIRST DAY/MONTH OF FEB
TOTAL CONTRACTS for 14 DAYS, total 9967contracts: OR 49.835 MILLION OZ (711 CONTRACTS PER DAY)
TOTAL EFP’S FOR THE MONTH SO FAR: 49.835 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
YEAR 2024 TOTAL: 1363.84 MILLION OR 1.363 BILLION OZ
JANUARY 2025: 67.230 MILLION OZ///(THIS MONTH’S ISSUANCE OF EXCHANGE FOR PHYSICAL WILL BE SMALL)
FEB. 49,835 MILLION OZ//EXCHANGE FOR PHYSICAL ISSUANCE
RESULT: WE HAD A HUGE SIZED INCREASE IN COMEX OI SILVER COMEX CONTRACTS OF 2113 CONTRACTS WITH OUR GAIN IN PRICE OF SILVER PRICING AT THE COMEX// THURSDAY.,. THE CME NOTIFIED US THAT WE HAD A 450 CONTRACT EFP ISSUANCE CONTRACTS: 450 ISSUED FOR MARCH AND 0 CONTRACTS ISSUED FOR ALL OTHER MONTHS) WHICH EXITED OUT OF THE SILVER COMEX TO LONDON AS FORWARDS. WE HAVE A GOOD INITIAL SILVER OZ STANDING FOR DEC OF 10.105 MILLION OZ ON FIRST DAY NOTICE,FOLLOWED BY TODAY’S 45,000 OZ E.F.P. TRANSFER TO LONDON//NEW STANDING REDUCES TO 22.640 MILLION OZ
WE HAVE 1). A HUGESIZED GAIN OF 2563 OI CONTRACTS ON THE TWO EXCHANGES WITH OUR GAIN IN PRICE// 2.THE TOTAL OF TAS INITIATED CONTRACTS TODAY: A STRONG 910 CONTRACTS TRYING DESPERATELY TO CONTAIN SILVER’S PRICE RISE,//MONSTER FRONT END OF THE TAS CONTRACTS WERE LIQUIDATED DURING THE THURSDAY COMEX SESSION. HOWEVER THEY STILL NEED THESE ISSUANCES FOR REPLENISHMENT FOR FUTURE TRADING //3. ZERO NET LONG SPECULATORS WERE BURNED ON THURSDAY WITH THE GAININ PRICE. ALSO 4. SOME OF OUR LONGS EXERCISED THEIR CONTRACTS 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 THURSDAY NIGHT (910 ) WILL BE PUT INTO “THE BANK” TO BE COLLUSIVELY USED AT A LATER DATE
WE HAD 104 NOTICE(S) FILED TODAY FOR 0..520million 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 STRONG SIZED 11,748 OI CONTRACTS TO 532,932 AND CLOSER TO THE RECORD (SET JAN 24/2020) AT 799,105 AND PREVIOUS TO THAT: (SET JAN 6/2020) AT 797,110. (ALL TIME LOW OF 390,000 CONTRACTS.)
THE DIFFERENTIAL FROM PRELIMINARY OI TO FINAL OI IN GOLD TODAY: REMOVED A STRONG SIZED 8XXXCONTRACTS//
WE HAD A STRONG SIZED INCREASE IN COMEX OI (11,748 CONTRACTS) OCCURRED WITH OUR GAIN OF $21.15 IN PRICE THURSDAY. THE FRBNY SUPPLIED THE NECESSARY SHORT PAPER.. WE ALSO HAD A HUMONGOUS INITIAL STANDING IN GOLD TONNAGE FOR FEB AT 184.40 TONNES FOLLOWED BY A HUGE 881 CONTRACT QUEUE JUMP//88100OZ (2.740ONNES)
/NEW STANDING ADVANCES TO 231.698 TONNES +18.4527
= 250.15077TONNES.(CORRECTED FROM YESTERDAY)
/ ALL OF THIS HAPPENED WITH OUR $21.15 GAIN IN PRICE WITH RESPECT TO THURSDAY’S COMEX ///. WE HAD A HUGE SIZED GAIN OF 14,798 OI CONTRACTS (46,027PAPER 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! THE RESULT: A MASSIVE AMOUNT OF GOLD STANDING FOR DELIVERY FOR THE FRONT FEBRUARY CONTRACT MONTH. CENTRAL BANKERS ARE NOW WAITING PATIENTLY FOR THEIR DELIVERY OF GOLD VIA SLOW MOVING SHIPS.
E.F.P. ISSUANCE
THE CME RELEASED THE DATA FOR EFP ISSUANCE AND IT TOTALED A FAIR SIZED 3050 CONTRACTS:
The NEW COMEX OI FOR THE GOLD COMPLEX RESTS AT 535,932
IN ESSENCE WE HAVE A HUGE SIZED INCREASE IN TOTAL CONTRACTS ON THE TWO EXCHANGES OF 14,798 CONTRACTS WITH 11,748 CONTRACTS INCREASED AT THE COMEX// AND A FAIR SIZED 3050 EXCHANGE FOR PHYSICAL OI CONTRACT ISSUANCE WHICH NAVIGATED OVER TO LONDON. THUS TOTAL OI GAIN ON THE TWO EXCHANGES OF 14,798 CONTRACTS.. WE HAD THE FOLLOWING TAS CONTRACTS INITIATED (ISSUED): A SMALL SIZED AND CRIMINAL 700 CONTRACTS ISSUED.
CALCULATIONS ON GAIN/LOSS ON OUR TWO EXCHANGES
WE HAD A STRONG SIZED ISSUANCE IN EXCHANGE FOR PHYSICALS (3050 CONTRACTS) ACCOMPANYING THE STRONG SIZED INCREASE IN COMEX OI OF 11,748 CONTRACTS/TOTAL GAIN FOR OUR THE TWO EXCHANGES: 14,798 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 FEB 184.40 TONNES FOLLOWED BY TODAY’S QUEUE JUMP OF 881 CONTRACTS FOR 88100 OZ( 2.7400TONNES). AND THEN WE ADD OUR 5 EXCHANGE FOR RISK TOTALS OF 18.4527 TONNES//NEW TOTAL OF GOLD STANDING AT THE COMEX ADVANCES TO 250.1507 TONNES
.
NEW STANDING FOR FEB ADVANCES TO:
231.698 NORMAL DELIVERY + .18,4527 TONNES OF EXCHANGE FOR RISK/PRIOR
EQUALS 250.1507 TONNES
//NEW STANDING FEB: 250.1507TONNES WHICH IS THE HIGHEST EVER GOLD STANDING FOR A FEBRUARY DELIVERY MONTH. AND FOR ANY COMEX MONTH.
/ 3) HUGE T.A.S. LIQUIDATION TRYING TO LOWER GOLD’S PRICE FRIDAY WITH LITTLE SUCCESS IN REMOVING ANY NET SPECULATOR LONGS, AS WITH OUR1) $21.15 PRICE GAIN WE HAD 2) ZERO NET LONG SPECS BEING CLIPPED AS WE HAD A STRONG GAIN OF 14,798 CONTRACTS ON OUR TWO EXCHANGES ) ALSO, 3)STICKY GOLD’S LONGS WERE REWARDED THURSDAY EVENING AS THEY EXERCISED EFP’S FROM LONDON TO TAKE DELIVERY OF BADLY NEEDED PHYSICAL AND THUS OUR RECORD NUMBER OF GOLD TONNES STANDING FOR FEBRUARY.
4) STRONG SIZED COMEX OPEN INTEREST INCREASE 5) STRONG ISSUANCE OF EXCHANGE FOR PHYSICAL PAPER///SMALL T.A.S. ISSUANCE: 700 T.A.S.CONTRACTS//
HISTORICAL ACCUMULATION OF EXCHANGE FOR PHYSICALS IN 2023-2025 INCLUDING TODAY
FEB
ACCUMULATION OF EFP’S GOLD AT J.P. MORGAN’S HOUSE OF BRIBES: (EXCHANGE FOR PHYSICAL) FOR THE MONTH OF FEB :
TOTAL EFP CONTRACTS ISSUED: 57,136 CONTRACTS OF 5,713,600OZ OR 177,71TONNES IN 14TRADING DAY(S) AND THUS AVERAGING: 4080 EFP CONTRACTS PER TRADING DAY
TO GIVE YOU AN IDEA AS TO THE SIZE OF THESE EFP TRANSFERS : THIS MONTH IN 14 TRADING DAY(S) IN TONNES 177,71 TONNES
TOTAL ANNUAL GOLD PRODUCTION, 2024, THROUGHOUT THE WORLD EX CHINA EX RUSSIA: 3555 TONNES
THUS EFP TRANSFERS REPRESENTS 177.17 DIVIDED BY 3550 x 100% TONNES = 4.98% 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 TONNES
JAN. 2025: 257.919 TONNES (ISSUANCE WILL BE PRETTY GOOD THIS MONTH BUT MUCH LOWER THAN LAST MONTH)
FEB: 177.17 TONNES//EX FOR PHYSICAL ISSUANCE (WILL BE A GOOD SIZED ISSUANCE 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 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 HUGE SIZED 2113 CONTRACTS OI TO 171,465 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 450 CONTRACTS
OUR CUSTOMARY MIGRATION OF COMEX LONGS CONTINUE TO MORPH INTO LONDON FORWARDS AS OUR BANKERS USED THEIR EMERGENCY PROCEDURE TO ISSUE:
MAR 450and ALL OTHER MONTHS: ZERO. TOTAL EFP ISSUANCE: 450 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 2113 CONTRACTS AND ADD TO THE 450 E.FP. ISSUED
WE OBTAIN A HUGE SIZED GAIN OF OPEN INTEREST CONTRACTS FROM OUR TWO EXCHANGES OF 2563 CONTRACTS
THUS IN OUNCES, THE GAIN ON THE TWO EXCHANGES TOTALS 12.815MILLION OZ OCCURRED WITH OUR $0.29 GAIN 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 FRIDAY MORNING//THURSDAY NIGHT
SHANGHAI CLOSED UP 28,33 PTS OR 0.85%
//Hang Seng CLOSED UP 900.95PTS OR 3,99%
// Nikkei CLOSED UP 98.30 OR 0.26%//Australia’s all ordinaries CLOSED DOWN 0.36%
//Chinese yuan (ONSHORE) CLOSED UP TO 7.2560HINESE YUAN OFFSHORE CLOSED UP TO 7.2563Oil UPTO 72.16 dollars per barrel for WTI and BRENT UP TO 76.10Stocks in Europe OPENED ALL MIXED
ONSHORE USA/ YUAN TRADING ABOVE LEVEL OF OFFSHORE YUAN/ONSHORE YUAN TRADING
STRONGER AGAINST US DOLLAR/OFFSHORE YUAN STRONGER
END
END
ASIA TRADING FRIDAY MORNING/THURSDAY NIGHT
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 STRONG SIZED 11,748 CONTRACTS TO 535,932 WITH OUR GAIN IN PRICE OF $21.15 WITH RESPECT TO THURSDAY’S TRADING/. WE LOST ZERO NET LONGS WITH THAT PRICE GAIN FOR GOLD. BUT AS YOU WILL SEE BELOW, OUR GAIN IN PRICE ALSO HAD A FAIR NUMBER OF EXCHANGE FOR PHYSICAL ISSUED (3050) .
THE CME ANNOUNCED THURSDAY NIGHT, ZERO EXCHANGE FOR RISK CONTRACTS FOR NIL OZ OR 0 TONNES.
AND SO FAR IN FEBRUARY: WE HAVE HAD FIVE EXCHANGE FOR RISKS NOW TOTALLING 18.4527TONNES!. THE RECIPIENT OF THESE EXCHANGE FOR RISK CONTRACTS IS THE BANK OF ENGLAND WHO DESPERATELY WANT THEIR LEASED GOLD BACK. THUS WE HAVE TWO SEPARATE ENTITIES (CENTRAL BANKS) DEMANDING THEIR GOLD BACK:
- THE BANK OF ENGLAND
- THE FEDERAL RESERVE BANK OF NEW YORK
THE COUNTERPARTY TO THE BANK OF ENGLAND’S EXCHANGE FOR RISK ARE BULLION BANKS THAT CANNOT VERIFY THAT THEIR GOLD IS UNENCUMBERED AND THUS THE BUYER, THE CENTRAL BANK OF ENGLAND, ASSUMES THE RISK OF THAT DELIVERY.
THUS IN TOTAL WE HAD A VERY STRONG SIZED GAIN ON OUR TWO EXCHANGES OF 14,798 CONTRACTS WITH OUR GAIN IN PRICE. OUR FRIENDLY PHYSICAL LONDON BOYS HAD ANOTHER FIELD DAY AGAIN ON THURSDAY NIGHT AS THEY WERE READY FOR THE FRBNY.S CONTINUED ORCHESTRATED RAID AS THEY TRIED TO ABSORB 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. LONDON ANNOUNCED LATE (JAN 30) THAT THEY WERE OUT OF GOLD. WRONGLY IT WAS ATTRIBUTED TO THEIR SHIPPING PHYSICAL GOLD TO COMEX FOR STORAGE DUE TO TRUMP’S INITIATION OF TARIFFS. THE TRUTH OF THE MATTER IS THAT THIS GOLD LEFT LONDON TO CENTRAL BANKS, AND COMEX BANKS HAVE BEEN PAPERING THEIR LOSSES (DERIVATIVE) WITH KILOBAR ENTRIES. DELIVERY OF GOLD CONTRACTS ARE NOW TAKING SEVERAL WEEKS. NO DEFAULT HAS BEEN INITIATED AS DEALERS ARE AFRAID OF LOSS OF THEIR JOBS. SO THIS FRAUD CONTINUES. THE LEASE RATES IN LONDON HAVE NOW CLIMBED TO 10% AS GOLD IN LONDON IS NOW EXTREMELY SCARCE. WE CAN NOW SAFELY SAY THAT THERE IS A RUN ON A BANK AND THAT BANK IS THE BANK OF ENGLAND!!!
THE LIQUIDATION OF T.A.S. CONTRACTS THROUGHOUT THIS MONTH CONTINUES TO DISTORT OPEN INTEREST NUMBERS GREATLY AND IT SURELY WAS ON DISPLAY TODAY INCLUDING WITH OUR STRONG T.A.S. ISSUANCES AND STRONG T.A.S. LIQUIDATION. THURSDAY NIGHT, THEY ISSUED A STRONG 700 CONTRACT ANNOUNCEMENT (THURSDAY NIGHT/FRIDAY MORNING).
THE FED IS THE OTHER MAJOR SHORT OF AROUND 16+ 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 WAS SCHEDULED TO HAPPEN LATE OCT 2024/(AS OUTLINED IN OUR GOLD PHYSICAL COMMENTARIES//VIEW ANDREW MAGUIRE LATEST LIVE FROM VAULT PODCAST FRIDAY’S 197 , 199, 2001, 202, 203 , 204 ,205 206, 207 208 AND TODAY’S 210 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!IT SURE LOOKS LIKE THE BIS HAS GIVEN THE FED ITS MARCHING ORDERS TO COVER ITS PHYSICAL GOLD SHORT AS TRUMP CAME INTO OFFICE MONDAY NOON JAN 20. TRUMP WILL PROBABLY BE FURIOUS WITH THE FED IF IT FINDS OUT THAT THEY (FRBNY) HAS BEEN MANIPULATING THE GOLD MARKET FOR THE PAST TWO YEARS.
OUR PHYSICAL LONDONERS BOUGHT NEW MASSIVE QUANTITIES OF LONGS AT ANY PRICE AND THIS GOLD BOUGHT WILL BE TENDERED FOR PHYSICAL ON A T + ???? BASIS. BECAUSE GOLD IS BASEL III COMPLIANT, GOLD IS SUPPOSED 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 OUR TWO SPREADERS: 1) THE MONTH END SPREADERS AND 2. T.A.S DURING THESE PAST FEW WEEKS 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 FEBRUARY… THE CME REPORTS THAT THE BANKERS ISSUED A FAIR SIZED TRANSFER THROUGH THE EFP ROUTE AS THESE LONGS RECEIVED A DELIVERABLE LONDON FORWARD TOGETHER WITH A FIAT BONUS.,
THAT IS A STRONG SIZED 3050 EFP CONTRACTS WERE ISSUED: : /FEB 3050 & ZERO FOR ALL OTHER MONTHS:
TOTAL EFP ISSUANCE: 3050 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 GENERALLY DELIVERED COMES FROM LONDON BUT THEY ARE OUT!! THUS COMEX BECOMES THE MAJOR SOURCE FOR OUR CENTRAL BANKERS.
ON A NET BASIS IN OPEN INTEREST WE GAINED THE FOLLOWING TODAY ON OUR TWO EXCHANGES: A VERY STRONG SIZED TOTAL OF 14798 CONTRACTS IN THAT 3050 CONTRACT LONGS WERE TRANSFERRED AS EXCHANGE FOR PHYSICALS TO LONDON AND WE HAD A VERY STRONG SIZED GAIN OF 11,748 COMEX CONTRACTS..AND THIS GAIN ON OUR TWO EXCHANGES HAPPENED WITH OUR GAIN IN PRICE OF $21.15 FOR THURSDAY/ COMEX. THE EXCHANGE FOR PHYSICALS WILL BE USED BY CENTRAL BANKS, TO EXERCISE FOR PHYSICAL GOLD AT THE COMEX AS MENTIONED ABOVE. THE MAJOR PART OF THE LOSS IN TOTAL OI ON OUR TWO EXCHANGES WAS DUE TO LIQUIDATION OF T.A.S. SPREADERS!
T.A.S. ISSUANCE
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 THURSDAY NIGHT/FRIDAY MORNING WAS A SMALL SIZED SIZED 700 CONTRACTS, AS AGAIN, ALL OF THE TRADING AND SUPPLY OF CONTRACTS HAVE BEEN ORCHESTRATED BY GOVERNMENT (FEDERAL RESERVE BANK OF NEW YORK). AS PER THEIR MEGA 5 DAY ISSUANCE OF T.A.S OVER A FEW WEEKS AGO, THE FED WAS EXPERIMENTING WITH EINSTEIN’S DEFINITION OF INSANITY….TRYING TO DO THE SAME THING OVER AND OVER AGAIN HOPING FOR A DIFFERENT RESULT. HIS DEFINITION STILL STANDS.. THE CROOKS ACCOMPLISHED LITTLE AS FEW LEFT OUR GOLD METAL ARENA. A HUGE RAID WAS ORDERED BY THE FED WITH END OF THE MONTH TRADING ( MONDAY TRADING// JAN 27) AS THE GOLD PRICE GOT HAMMERED A BIT WITH COMEX OPTIONS EXPIRY. AS YOU SAW WITH LAST TUESDAY’S TRADING// JAN 28 IT HAS NO EFFECT ON GOLD AS IT SHOT UP AGAIN IN PRICE AND IT CONTINUED TO RISE THROUGHOUT THE WEEK. LONDON’S ANNOUNCEMENT LAST THURSDAY THAT THEY WERE OUT OF PHYSICAL GOLD SURELY HELPED TO PROPEL GOLD’S METEORIC RISE IN PRICE THESE PAST SEVERAL DAYS PROPELLING IT THROUGH THE 2900 DOLLAR BARRIER TO THE LEVEL IT IS NOW TRADING READY TO CLOSE IN ON THE 3000 DOLLAR LEVEL.
MECHANICS OF T.A.S CONTRACTS/DECEMBER 2024
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 DEC. 27, 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. THIS WAS COUPLED WITH THE LIQUIDATION OF CALENDAR//MONTH END SPREADERS . THE USE OF OUR TWO SPREADER MECHANISMS WERE OF EXTREME IMPORTANCE TO OUR CROOKS IN LATE DECEMBER’S OPTIONS EXPIRY TRADING AND AGAIN WITH JANUARY OPTION EXPIRY MONTH. HALF WAY THROUGH THE JANUARY COMEX MONTH, THE CROOKS ISSUED FIVE CONSECUTIVE 30,000+ CONTRACT ISSUANCE. ALL OF THESE T.A.S. ISSUANCES WERE USED IN AN ATTEMPT TO THWART GOLD TRADING ESPECIALLY BEFORE TRUMP’S INAUGURATION AS THE FED MUST REDUCE ITS MASSIVE PHYSICAL GOLD SHORT OF 79 TONNES. THEY FAILED MISERABLY AS GOLD SKYROCKETED IN PRICE THIS WEEK AND NOW TO ALL TIME RECORD HIGHS IN USA DOLLAR TERMS AND OTHER CURRENCIES.
STANDING FOR GOLD FOR THE PAST 4 PLUS YEARS:
// WE HAD A STRONG AMOUNT OF GOLD TONNAGE STANDING: FEB (250.1507TONNES) WHICH IS HUGE FOR OUR ACTIVE FEB DELIVERY MONTH AND THE HIGHEST STANDING FOR GOLD EVER RECORDED FOR ANY MONTH.
YEAR 2025:
JAN 2025: 113.30 TONNES
FEB: 2025: 250.1507 TONNES (WHICH INCLUDES 18.4567 TONNES OF EX FOR RISK)
HERE ARE THE AMOUNTS THAT STOOD FOR DELIVERY IN THE PRECEDING 50 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 2024: 540.30 tonnes
2025
January 2025: 70.102 TONNES + 43.208 EXCHANGE FOR RISK= 113.310 TONNES
FEBRUARY: 231.698TONNES OF GOLD+ + 18.4527 TONNES EX FOR RISK PRIOR=//NEW TOTAL STANDING 250,1507TONNES
COMEX GOLD TRADING/FEB CONTRACT MONTH
THE SPECS/HFT WERE UNUCCESSFUL IN LOWERING GOLD’S PRICE( IT ROSE BY $21.15/)/AND WERE UNSUCCESSFUL IN KNOCKING OFF ANY APPRECIABLE NET SPECULATOR LONGS AS WE DID HAVE A VERY STRONG SIZED GAIN IN OUR TWO EXCHANGES. BUT AS EXPLAINED ABOVE WE HAD CONSIDERABLE T.A.S. SPREADER LIQUIDATION THURSDAY AS THEY WERE TRYING TO QUELL GOLD’S RISE AND STOP HUGE COMEX/OTC DERIVATIVE LOSSES FROM ALSO RISING. THE BANKERS WERE UNSUCCESSFUL IN SLOWING THEIR DERIVATIVE LOSSES IN PRECIOUS METAL BETS WITH OPTIONS EXPIRY JAN 28 AT THE COMEX. OUR T.A.S. SPREADER LIQUIDATIONS THIS 3RD WEEK OF FEB, WERE DISTORTING OPEN INTEREST AS I EXPLAINED ABOVE, BUT IS HAVING NO EFFECT ON GOLD’S METEORIC RISE IN PRICE. PRIOR TO FRIDAY . THE RAIDS ON FRIDAY,INCLUDING TODAY WERE NEEDED TO QUELL PRICE RISES IN GOLD AND SILVER,. SILVER IS A BIG HEADACHE FOR OUR CROOKS AS THE PHYSICAL METAL IS BASICALLY UNATTAINABLE. DERIVATIVE LOSSES ON BOTH GOLD AND SILVER ARE HUGE!
THE CROOKS HOWEVER COULD NOT STOP CENTRAL BANK LONGS, SEIZING THE MOMENT, THEY EXERCISED AGAIN FOR PHYSICAL IN A BIG WAY TENDERING FOR PHYSICAL THURSDAY EVENING FRIDAY MORNING AND THUS OUR RECORD NUMBER OF GOLD CONTRACTS STANDING FOR DELIVERY AT THE COMEX. CENTRAL BANKERS WAIT PATIENTLY FOR THE GOLD TO ARRIVE BY BOAT. IT IS NOW TAKING SEVERAL WEEKS TO DELIVER AND THUS THE REASON FOR THE HUGE LEASE RATE AT 10% (SCARCITY OF GOLD)
EXCHANGE FOR RISK EXPLANATION/DECEMBER AND JANUARYTRADING
DECEMBER MONTH EXCHANGE FOR RISK!
75 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 OF DEC TO 6 FOR 14.6836 TONNES A NEW RECORD. THE COMEX IS TOTALLY SHATTERED TO PIECES.
EXCHANGE FOR RISK // JANUARY MONTH!!
LO AND BEHOLD, THE CROOKS ISSUED THEIR FIRST ISSUANCE A MONSTER 1700 CONTRACTS FOR EXCHANGE FOR RISK TOTALLING 170,000 OZ OR 5.28775 TONNES ON MONDAY JAN 6/2025. THEN TO MY HORROR, THEY ISSUED THEIR SECOND EXCHANGE FOR RISK ON JAN 8, TOTALLING 150 CONTRACTS FOR 15000 OZ OR .4665 TONNES. THIS TONNAGE WILL BE ADDED TO THE FIRST ISSUANCE. THUS TOTAL EXCHANGE FOR RISK ISSUANCE FOR OUR TWO EARLY JANUARY EX FOR RISK: 5.7533 TONNES. THEN MERCILESSLY THEY CONSUMMATED FOR THE THIRD TIME THIS MONTH 85 EXCHANGE FOR RISK LAST THURSDAY NIGHT (JAN 17) FOR 8500 OZ OR .2649 TONNES OF GOLD. THEN TO MY HORROR THEY ISSUED THEIR 4TH EXCHANGE FOR RISK THIS MONTH (JAN 22) FOR A MONSTER 5000 CONTRACTS OR 5,000,000 OZ.(15.562 TONNES).NOT TO BE UNDONE, THE CROOKS ISSUED THEIR FIFTH EXCHANGE FOR RISK LAST NIGHT FOR 500 CONTRACTS REPRESENTING 50,,000 OZ OR 1.555 TONNES OF GOLD. REMEMBER THAT THE BUYER ASSUMES THE RISK THAT HE WILL BE DELIVERED UPON WHICH IS TOTALLY ASININE!! THUS FOR THE 5 EXCHANGE FOR RISK ISSUED THIS MONTH TOTALS 23.134 TONNES OF GOLD. THIS BRINGS US TO , JAN 25 WHERE THE CME ANNOUNCED ITS SIXTH MAJOR EXCHANGE FOR RISK ISSUANCE OF 6454 CONTRACTS FOR 645,400 OZ OR 20.074 TONNES OF GOLD. THIS IS THE HIGHEST EVER RECORDED ISSUANCE IN NUMBER OF EXCHANGE FOR RISK, AT 6, AND FOR NEW TOTALS FOR THE MONTH OF JANUARY: 43.208 TONNES!!! AND A NEW RECORD FOR ISSUANCE.
EXCHANGE FOR RISK CONTRACTS/MONTH FOR FEBRUARY:
THE CME ANNOUNCED TO THE WORLD THAT ON FEB 4 THEY ISSUED 100 CONTRACTS OF EXCHANGE FOR RISK TO THE BANK OF ENGLAND.THEN A FEW NIGHTS AGO, THEY ISSUED THEIR SECOND CONSECUTIVE EXCHANGE FOR RISK OF 500 CONTRACTS FOR 50,000 OZ (1.555 TONNES OF GOLD. FEB 6 WAS THE THIRD ISSUANCE FOR A HUGE 2400 CONTRACTS, 240,000 OZ OR 7.465 TONNES. AND THEN FINALLY FRIDAY NIGHT, THE 4TH EXCHANGE FOR RISK WAS ISSUED REPRESENTED BY 2834 CONTRACTS OR 283400 OZ OR 8.8149 TONNES OF GOLD WITH THE OWNER OF THOSE CONTRACTS BEING THE BANK OF ENGLAND. THE BANK OF ENGLAND WANTS THEIR GOLD BACK. THIS NEW EXCHANGE FOR RISK WILL BE ADDED TO PREVIOUS EXCHANGE FOR RISK OF 9.3264 TONNES TO A NEW TOTAL EXCHANGE FOR RISK = 18.1413 TONNES. IN MID WEEK WE HAD ANOTHER .3114 TONNES OF EXCHANGE FOR RISK ISSUANCED//NEW TOTAL 18,4527 TONNES!..FINALLY THIS TOTAL WILL NOW BE ADDED TO OUR REGULAR DELIVERIES THROUGH THE MONTH. FOR FRISDAY FEB 21 ZERO EXCHANGE FOR RISK WAS ISSUED.
FINAL STANDING GOLD/COMEX FOR JANUARY
FINAL STANDING FOR JAN: 70.102TONNES + 43.206 TONNES EX FOR RISK = 113.310 TONNES (WHICH IS HUGE FOR OUR VERY NON ACTIVE DELIVERY MONTH) A NORMAL AMOUNT STANDING FOR A JANUARY IN EARLIER TIMES HAS BEEN GENERALLY AROUND 1/4 TONNE OF GOLD. HOWEVER THESE PAST 4 YEARS QUEUE JUMPING HAS BEEN VERY PRONOUNCED AND THUS STANDING INCREASES DRAMATICALLY.
TOTAL INITIAL DELIVERIES FEB GOLD TRADING
WE HAVE GAINED A VERY STRONG TOTAL OF 46.027 PAPER TONNES FROM OUR TWO EXCHANGES, ACCOMPANYING OUR INITIAL GOLD TONNAGE STANDING FOR FEB (184.40TONNES) ON FIRST DAY NOTICE FOLLOWED BY A STRONG SIZED 881CONTRACT QUEUE JUMP FOR 881,00 OZ. NEW STANDING ADVANCES TO 231.698TONNES OF GOLD. TO WHICH WE ADD OUR 18.4527TONNES OF EXCHANGE FOR RISK//NEW TOTALS STANDING 250.1507TONNES
ALL OF THIS WAS ACCOMPLISHED WITH OUR GAIN IN PRICE TO THE TUNE OF $21.15
WE HAD XXXXCONTRACTS REMOVED FROM THE COMEX TRADES TO OPEN INTEREST (CROOKS)//PRELIMINARY TO FINAL. AND THIS IS TOTALLY INSANE AS WELL
NET GAIN ON THE TWO EXCHANGES 14,798 CONTRACTS OR 1,479,800OZ (46.027 TONNES)
confirmed volume THURSDAY 183,934ontracts: POOR///
//speculators have left the gold arena
END
// THE FEB 2025 GOLD CONTRACT
FEB 21
INITIAL
| Gold | Ounces |
| Withdrawals from Dealers Inventory in oz | nil |
| Withdrawals from Customer Inventory in oz | 2 entries i) Out of JPMorgan 150,044.600 oz (4667 kilobars) ii) Loomis 32,15 oz one kilobar total 150,076.751 oz 4.6680 tonnes . |
| Deposit to the Dealer Inventory in oz | 2 ENTRIES i) Brinks dealer 96,453,000oz (3000 KILOBARS) ii) Into Loomis 27,392.652 oz (852 kilobars) total dealer weight: 123,845,652 oz 3.852 tonnes |
| Deposits to the Customer Inventory, in oz | 4 ENTRIES i) into ASAHI 32,642,09 oz ii) into Brinks 44,547.960 oz iii) IInto JPMorgan 160,755.000 oz 5,000 kilobars) iv) Into Manfra: 64,302.000 oz (2,000 kilobars) tottal 302,247.050 oz (9,401 tonnes) total dealer and customer 13.253tonnes |
| No of oz served (contracts) today | 490 notice(s) 49000 OZ 1.524ONNES |
| No of oz to be served (notices) | 377 contracts 37700OZ 1.172 TONNES |
| Total monthly oz gold served (contracts) so far this month | 74,114notices 7,411400oz 230,525 ONNES ((CORRECTED) |
| 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: 2
2 ENTRIES
i) Brinks dealer 96,453,000oz
(3000 KILOBARS)
ii) Into Loomis 27,392.652 oz
(852 kilobars)
total dealer weight: 123,845,652 oz
3.852 tonnes
we have 4customer deposits:
4 ENTRIES
4 ENTRIES
i) into ASAHI 32,642,09 oz
ii) into Brinks 44,547.960 oz
iii) IInto JPMorgan 160,755.000 oz 5,000 kilobars)
iv) Into Manfra: 64,302.000 oz (2,000 kilobars)
tottal 302,247.050 oz (9,401 tonnes)
total dealer and customer 13.253tonnes
withdrawals: 2
2 entries
i) Out of JPMorgan 150,044.600 oz
(4667 kilobars)
ii) Loomis 32,15 oz one kilobar
total 150,076.751 oz 4.6680 tonnes
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adjustments:3/comex is in chaos
3 customer to dealer
a) Brinks 80,345,349 oz
b) Malca 32,118,849 iz
c) Manfra 3375,855 iz
thus basically what comes into eligible is transferred to dealer accounts and then out.
CALCULATIONS FOR THE AMOUNT OF GOLD STANDING FOR FEB
FEB HAD A LOSS OF 1092 CONTRACTS TO STAND AT 867 WE HAD 1973 CONTRACTS SERVED ON WEDNESDAY SO WE GAINED A HUGE 881 CONTRACTS OR A 88100OZ QUEUE JUMP OR 2.7400 TONNES,.(THURSDAY, FEB 13 WE WITNESSED THE HIGHEST EVER QUEUE JUMP RECORDED AT THE COMEX AT 12.12 TONNES)
MARCH HAD A GAIN OF 23 CONTRACTS UP TO 15,173
APRIL HAD A GAIN OF 9483 CONTRACTS UP TO 395,329 CONTRACTS
MAY GAINED 6CONTRACTS UP TO 8.
We had 490 contracts filed for today representing 49,000oz
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 0 notices issued from their client or customer account. The total of all issuance by all participants equate to 490 contract(s) of which 0 notices were stopped (received) by j.P. Morgan dealer and 208 notice(s) was (were) stopped (received) by J.P.Morgan//customer account
To calculate the INITIAL total number of gold ounces standing for FEB /2025. contract month, we take the total number of notices filed so far for the month (74,114 X 100 oz ) to which we add the difference between the open interest for the front month of FEB.(867CONTRACTS) minus the number of notices served upon today (490 x 100 oz per contract) equals 7,448,100 OZ OR 231.698TONNES TO WHICH WE ADD NEW EXCHANGE FOR RISK 18.4527 TONNES//NEW TOTAL STANDING 250.1507TONNES (ERROR FROM YESTERDAY CORRECTED)
thus the INITIAL standings for gold for the FEB contract month: No of notices filed so far (74,114x 100 oz +we add the difference for front month of FEB ( 867 OI} minus the number of notices served upon today (490x 100 oz) which equals 7,448,100Oz (231,698 TONNES + 18,4527 tonnes ex for risk PRIOR = 250,1507 tonnes CORRECTED
TOTAL COMEX GOLD STANDING FOR FEB.: 250,,1507 TONNES WHICH IS HUGE FOR THIS ACTIVE DELIVERY MONTH IN THE CALENDAR AND THIS IS THE HIGHEST EVER RECORDED FOR ANY FEBRUARY AND THE HIGHEST FOR ANY MONTH FOR THAT MATTER IN COMEX HISTORY!!
XXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXX
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: 2,082,574.203 oz 64.77onnes
TOTAL OF ALL GOLD ELIGIBLE AND REGISTERED GOLD: 38,590,481.714oz
TOTAL REGISTERED GOLD 17,984,724.594or 559.400onnes
TOTAL OF ALL ELIGIBLE GOLD: 20,605,757,120OZ
REGISTERED GOLD THAT CAN BE SERVED UPON: 15,902,150oz (REG GOLD- PLEDGED GOLD)= 494,62onnes //
END
SILVER/COMEX
FEB 21
INITIAL
// THE FEB 2025 SILVER CONTRACT//INITIAL
| Silver | Ounces |
| Withdrawals from Dealers Inventory | NIL oz |
| Withdrawals from Customer Inventory | 00 oz |
| Deposits to the Dealer Inventory | |
| Deposits to the Customer Inventory | 3entries i) Into JPMorgan 635,403.000oz ii) Into CNT 608,272.06 oz iii) Into Manfra 337,420.700oz total 1,591,095.760 oz |
| No of oz served today (contracts) | 104 CONTRACT(S) (0.520MILLION OZ |
| No of oz to be served (notices) | 45 contracts (0.225 MILLION oz) |
| Total monthly oz silver served (contracts) | 4483 Contracts (22.415million 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/
i) We had 0 dealer withdrawal
total dealer withdrawals: 0 oz
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deposits customer side
3entries
i) Into JPMorgan 635,403.000oz
ii) Into CNT 608,272.06 oz
iii) Into Manfra 337,420.700oz
total 1,591,095.760 oz
xxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxx
withdrawals 0
nil
ADJUSTMENTs 6customer to dealer:
i) ASAHI 185,417,500 oz
ii) CNT 704,871.454 oz
iii) HSBC: 229,073,200 oz
iv) JPMorgan 4,570,503.099
v) Malca: 4771.700 oz
vi) Manfra: 405,141.269 oz
JPMorgan has a total silver weight: 156,633million oz/389.671million or 40.20%
TOTAL REGISTERED SILVER: 102,364MILLION OZ//.TOTAL REG + ELIGIBLE. 389.671million oz
CALCULATIONS FOR THE NEW STANDING FOR SILVER FOR FEBRUARY
silver open interest data:
FRONT MONTH OF FEB /2025 OI: 149 OPEN INTEREST CONTRACTS FOR A LOSS OF 9 CONTRACTS.
WE HAD 0 NOTICES FILED ON THURSDAY SO WE LOST 9 CONTRACTS OR WE EXPERIENCED A 45,000 OZ EXCHANGE FOR PHYSICAL TRANSFER AS THESE GUYS WILL TRY THEIR LUCK LOOKING FOR SILVER IN LONDON,
MARCH SAW A LOSS OF 6038 CONTRACTS DOWN TO 65,727. THE FRONT ACTIVE DELIVERY MONTH OF MARCH ALSO IS NOT DECLINING MUCH AND WE SHOULD ALSO HAVE A HUMDINGER OF A DELIVERY MONTH FOR MARCH.
APRIL SAW ANOTHER GAIN OF 303 CONTRACTS TO STAND AT 851
MAY SAW A GAIN OF 7541 CONTRACTS UP TO 81,666CONTRACTS
TOTAL NUMBER OF NOTICES FILED FOR TODAY: 0 or 0.MILLION oz
CONFIRMED volume; ON THURSDAY 81,774huge//
To calculate the number of silver ounces that will stand for delivery in FEB. we take the total number of notices filed for the month so far at 4483 X5,000 oz = 22.415MILLION oz
to which we add the difference between the open interest for the front month of FEB (149 AND the number of notices served upon today (104 )x (5000 oz)
Thus the standings for silver for the FEB 2025 contract month: 4483Notices served so far) x 5000 oz + OI for the front month of FEB(149)minus number of notices served upon today (104)x 5000 oz equals silver standing for the FEB contract month equating to 22.640 MILLION OZ.
New total standing: 22.640 million oz which is huge for a non active delivery month of February
There are 97.0438million 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
0 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/
FEB 21 WITH GOLD DOWN $1.35 TODAY HUGE CHANGES IN GOLD AT THE GLD:A DEPOSIT OF 5.77ONNES FROM THE GLD ///INVENTORY RESTS AT 883.72TONNES
FEB 20 WITH GOLD DOWN $10.40 TODAY HUGE CHANGES IN GOLD AT THE GLD:A DEPOSIT OF 8.51TONNES FROM THE GLD ///INVENTORY RESTS AT 877,95TONNES
FEB 19/ WITH GOLD DOWN $10.40 TODAY HUGE CHANGES IN GOLD AT THE GLD:A DEPOSIT OF 6.38TONNES FROM THE GLD ///INVENTORY RESTS AT 869.44TONNES
FEB 18/ WITH GOLD UP $43.00 TODAY HUGE CHANGES IN GOLD AT THE GLD:A WITHDRAWAL OF 1.14TONNES FROM THE GLD ///INVENTORY RESTS AT 863.06TONNES
FEB 13/ WITH GOLD UP 11.00 TODAY HUGE CHANGES IN GOLD AT THE GLD:A WITHDRAWAL OF 6.901 TONNES FROM THE GLD ///INVENTORY RESTS AT 866.50TONNES
FEB 12 WITH GOLD DOWN $3,40ON THE DAY; NO CHANGES IN GOLD AT THE GLD: ///INVENTORY RESTS AT 864.19 TONNES
FEB 10 WITH GOLD UP $10.75 ON THE DAY; NO CHANGES IN GOLD AT THE GLD: ///INVENTORY RESTS AT 864.19 TONNES
FEB 7 WITH GOLD UP $10.75 ON THE DAY; NO CHANGES IN GOLD AT THE GLD: ///INVENTORY RESTS AT 864.19 TONNES
FEB 6 WITH GOLD DOWN $18.15 ON THE DAY; HUGE CHANGES IN GOLD AT THE GLD:A DEPOSIT OF 1.14 TONNES OF GOLD OUT OF THE GLD ///INVENTORY RESTS AT 864.19 TONNES
FEB 5 WITH GOLD UP $27.10 ON THE DAY; HUGE CHANGES IN GOLD AT THE GLD:A WITHDRAWAL OF 1.72 TONNES OF GOLD OUT OF THE GLD ///INVENTORY RESTS AT 863.05 TONNES
FEB 4 WITH GOLD UP $25.00 ON THE DAY; SMALL CHANGES IN GOLD AT THE GLD:A DEPOSIT OF 0.58 TONNES OF GOLD OUT OF THE GLD ///INVENTORY RESTS AT 864.77 TONNES
JAN 31 WITH GOLD UP $4.80 ON THE DAY; HUGE CHANGES IN GOLD AT THE GLD:A WITHDRAWAL OF 1.15 TONNES OF GOLD OUT OF THE GLD ///INVENTORY RESTS AT 864.19 TONNES
JAN 30 WITH GOLD UP $40.95 ON THE DAY; HUGE CHANGES IN GOLD AT THE GLD:A MASSIVE DEPOSIT OF 4.30 TONNES OF GOLD INTO THE THE GLD ///INVENTORY RESTS AT 865.34 TONNES
JAN 29 WITH GOLD DOWN $6.25 ON THE DAY; HUGE CHANGES IN GOLD AT THE GLD:A MASSIVE DEPOSIT OF 4.02 TONNES OF GOLD INTO THE THE GLD ///INVENTORY RESTS AT 861.04 TONNES
JAN 28 WITH GOLD UP $23.05 ON THE DAY; HUGE CHANGES IN GOLD AT THE GLD:A MASSIVE WITHDRAWAL OF 3.16 TONNES OF GOLD OUT OF THE GLD //
JAN 27 WITH GOLD DOWN $36.05 ON THE DAY; HUGE CHANGES IN GOLD AT THE GLD:A MASSIVE WITHDRAWAL OF 5.17 TONNES OF GOLD OUT OF THE GLD ///
JAN 24 WITH GOLD UP $16.00 ON THE DAY; HUGE CHANGES IN GOLD AT THE GLD:A MASSIVE WITHDRAWAL OF 5.17 TONNES OF GOLD OUT OF THE GLD ///INVENTORY RESTS AT 864.19 TONNES
JAN 23 WITH GOLD DOWN $1.00 ON THE DAY; HUGE CHANGES IN GOLD AT THE GLD:A MASSIVE WITHDRAWAL OF 2.30 TONNES OF GOLD OUT OF THE GLD ///INVENTORY RESTS AT 869.36 TONNES
JAN 22 WITH GOLD UP $15.15 ON THE DAY; MEGA HUGE CHANGES IN GOLD AT THE GLD:A MASSIVE WITHDRAWAL OF 7.46 TONNES OF GOLD OUT OF THE GLD ///INVENTORY RESTS AT 871.66 TONNES
JAN 20 WITH GOLD UP $35.30 ON THE DAY; MEGA HUGE CHANGES IN GOLD AT THE GLD:A MASSIVE DEPOSIT OF 10.34 TONNES OF GOLD INTO THE GLD ///INVENTORY RESTS AT 879.12 TONNES
GLD INVENTORY: 883,72 TONNES, TONIGHTS TOTAL
SILVER
FEB 21WITH SILVER DOWN $0.40//HUGE CHANGES IN SILVER INVENTORY AT THE SLV : HUGE CHANGES AT THE SLV A WITHDRAWAL OF 0.456MILLION OZ/. //INVENTORY AT SLV RESTS AT 434,715MILLION OZ
FEB 20WITH SILVER UP $0.29//HUGE CHANGES IN SILVER INVENTORY AT THE SLV : HUGE CHANGES AT THE SLV A WITHDRAWAL OF 1.547 MILLION OZ/. //INVENTORY AT SLV RESTS AT 435,171MILLION OZ
FEB 19WITH SILVER DOWN $0.16//HUGE CHANGES IN SILVER INVENTORY AT THE SLV : HUGE CHANGES AT THE SLV A WITHDRAWAL OF 2.276 MILLION OZ/. //INVENTORY AT SLV RESTS AT 436.717MILLION OZ
FEB 18WITH SILVER UP $.56//HUGE CHANGES IN SILVER INVENTORY AT THE SLV : NO CHANGES AT THE SLX/. //INVENTORY AT SLV RESTS AT 438.994MILLION OZ
FEB 14WITH SILVER UP $.01//HUGE CHANGES IN SILVER INVENTORY AT THE SLV : A DEPOSIT OF 1.593 MILLION OZ INTO THE SLV./. //INVENTORY AT SLV RESTS AT 437.401 MILLION OZ
FEB 12WITH SILVER UP $.01 //HUGE CHANGES IN SILVER INVENTORY AT THE SLV : A DEPOSIT OF 8 MILLION OZ OUT OF THE SLV./. //INVENTORY AT SLV RESTS AT 437.401 MILLION OZ
FEB 10 WITH SILVER DOWN $0.26 //HUGE CHANGES IN SILVER INVENTORY AT THE SLV : A WITHDRAWAL OF 1.73 MILLION OZ OUT OF THE SLV./. //INVENTORY AT SLV RESTS AT 428.66 MILLION OZ
FEB 7 WITH SILVER DOWN $0.26 //HUGE CHANGES IN SILVER INVENTORY AT THE SLV : A WITHDRAWAL OF 1.73 MILLION OZ OUT OF THE SLV./. //INVENTORY AT SLV RESTS AT 428.66 MILLION OZ
FEB 6 WITH SILVER DOWN $0.17 //HUGE CHANGES IN SILVER INVENTORY AT THE SLV : A MASSIVE WITHDRAWAL OF 12.383 MILLION OZ OUT OF THE SLV./. //INVENTORY AT SLV RESTS AT 430.39 MILLION OZ
FEB 5 WITH SILVER UP $0.45 //HUGE CHANGES IN SILVER INVENTORY AT THE SLV : A MASSIVE WITHDRAWAL OF 3.285 MILLION OZ OUT OF THE SLV./. //INVENTORY AT SLV RESTS AT 442.773 MILLION OZ
FEB 4 WITH SILVER UP $0.81 //HUGE CHANGES IN SILVER INVENTORY AT THE SLV : A MASSIVE WITHDRAWAL OF 2.550 MILLION OZ OUT OF THE SLV./. //INVENTORY AT SLV RESTS AT 446.331 MILLION OZ
FEB 4 WITH SILVER UP $0.81 //HUGE CHANGES IN SILVER INVENTORY AT THE SLV : A MASSIVE WITHDRAWAL OF 2.550 MILLION OZ OUT OF THE SLV./. //INVENTORY AT SLV RESTS AT 446.331 MILLION OZ
FEB 3 WITH SILVER UP ONE CENT //HUGE CHANGES IN SILVER INVENTORY AT THE SLV : A MASSIVE WITHDRAWAL OF 2.550 MILLION OZ OUT OF THE SLV./. //INVENTORY AT SLV RESTS AT 446.331 MILLION OZ
JAN 31 WITH SILVER DOWN $0.19 //HUGE CHANGES IN SILVER INVENTORY AT THE SLV : A MASSIVE WITHDRAWAL OF 2.369 MILLION OZ OUT OF THE SLV./. //INVENTORY AT SLV RESTS AT 448.881 MILLION OZ
jAN 30 WITH SILVER UP $0.76 //HUGE CHANGES IN SILVER INVENTORY AT THE SLV : A MASSIVE WITHDRAWAL OF 2.003 MILLION OZ OUT OF THE SLV./. //INVENTORY AT SLV RESTS AT 451.249 MILLION OZ
jAN 29 WITH SILVER UP $0.34 //HUGE CHANGES IN SILVER INVENTORY AT THE SLV : A MASSIVE WITHDRAWAL OF 1.639 MILLION OZ OUT OF THE SLV./. //INVENTORY AT SLV RESTS AT 453.252 MILLION OZ
jAN 28 WITH SILVER UP $0.34 //HUGE CHANGES IN SILVER INVENTORY AT THE SLV : A MASSIVE WITHDRAWAL OF 1.821 MILLION OZ OUT OF THE SLV./. /
jAN 27 WITH SILVER DOWN $.61 //HUGE CHANGES IN SILVER INVENTORY AT THE SLV : A MASSIVE WITHDRAWAL OF 1.64 MILLION OZ OUT OF THE SLV./. //INVENTORY AT SLV RESTS AT 457.395 MILLION OZ
JAN 24 WITH SILVER DOWN $.21 //HUGE CHANGES IN SILVER INVENTORY AT THE SLV : A MASSIVE WITHDRAWAL OF 1.64 MILLION OZ OUT OF THE SLV./. //INVENTORY AT SLV RESTS AT 457.395 MILLION OZ
JAN 23 WITH SILVER DOWN $.41 //HUGE CHANGES IN SILVER INVENTORY AT THE SLV : A MASSIVE WITHDRAWAL OF 4.738 MILLION OZ OUT OF THE SLV./. //INVENTORY AT SLV RESTS AT 459.035 MILLION OZ
JAN 22 WITH SILVER UP $.08 //SMALL CHANGES IN SILVER INVENTORY AT THE SLV : A DEPOSIT OF 0.721 MILLION OZ INTO THE SLV./. //INVENTORY AT SLV RESTS AT 464.043 MILLION OZ
JAN 20 WITH SILVER DOWN $.09 //NO CHANGES IN SILVER INVENTORY AT THE SLV : A WITHDRAWAL OF 1.568 MILLION OZ FROM THE SLV./. //INVENTORY AT SLV RESTS AT 463.315 MILLION OZ
CLOSING INVENTORY 435.171MILLION 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
IT’S HAPPENING: Trump Orders Audit of Gold at Fort Knox
For the first time since the 1970s.
During comments to the press aboard Air Force One, President Trump announced that he and Elon Musk’s DOGE are going to open up Fort Knox and make sure all the gold that is supposed to be there is present.
“We’re going to go to Fort Knox make sure the gold is there,” Trump said, adding “if the gold isn’t there we are going to be very upset.”
Musk has suggested doing a live stream from the facility where over 4500 tons of gold belonging to the American people is supposed to be stored.
Fort Knox has not been audited since the 1970s and not comprehensively since 1953.
Senator Rand Paul has been trying to get an audit done there for a decade.
Why has it been over 7 decades since a proper audit was carried out?
Respondents are wondering if it will be like when Geraldo Rivera opened Al Capone’s vault and found
nothing.
END
ALASDAIR MACLEOD
Trump to inspect the Treasury’s gold
It will prove difficult for the US Treasury to deflect Trump from opening its gold book, since Elon Musk and Ron Paul appear to be driving the move to come clean over national gold reserves.
| Alasdair MacleodFeb 21∙Paid |
Gold and silver continued to rise this week, despite the premiums on Comex futures returning to more normal levels, putting an end to arbitrage flows. In European morning trade, gold was $2927, up $46 from last Friday’s close, and silver $32.92, up 81 cents. Turnover in Comex’s gold contract was moderate, but healthier in silver.
Notably, Comex Open Interest in gold declined significantly during the market’s hiatus, shown in the next chart.
At its recent peak on 21 January, gold was $2735. Since then, OI declined, while the price rose $200. This can only have happened due to a vicious bear squeeze, panicking the shorts who are predominantly in the Swaps category. Swaps are made up mainly of bullion bank trading desks.
The next chart shows the mark-to-market position of the swaps up to 11 February, the last Commitment of Traders release:
At over $80bn gross and $75bn net of longs, the panic point has been exposed. The latest numbers are a tad below the highs of 2 February, but higher prices could intensify the bear squeeze.
The textbooks say that Comex is a hedging facility, whereby bullion banks long of physical gold in London’s spot market hedge price risk by selling futures. But it is more complex than that, because London is itself a derivatives market based on future settlement dates which rarely lead to actual settlement. Furthermore, there is the shell game of London being an over-the-counter market whose participants do not reveal other obligations, principally unallocated bullion accounts. And this monumental turnover of 20 million ounces every day is based on leases and swaps which are temporary ownership of bullion for collateral.
All this is fine when gold prices range-trade. But when there is a significant change in the price basis, big losses become exposed with heightened risks of systemic failures.
No doubt, the other side of the squeeze is the mounting problem of stand-for-deliveries. All the evidence is that the shorts are extremely reluctant to deliver bullion using delaying tactics. It leads to an accumulation of unsatisfied demands. The rate of increase of these demands has accelerated fourfold since last year’s total of 491.2 tonnes. So far this year, from 1 January the total to yesterday was 291.4 tonnes, an annualised rate of over 2,000 tonnes.
With gold in the headlines President Trump has announced that he will “count the bullion in Fort Knox to see if it is there”. Scott Bessent has said he wants to set up a new sovereign wealth fund, putting all the Treasury’s gold into it. But everyone knows or think they know that much of it is missing. And Fort Knox has only half the Treasury’s holdings, the rest split between West Point and Denver.
It is a reasonable assumption that the Treasury has something to hide, otherwise it should have been prepared to conduct credible audits. Normally, it manages to deflect this issue. But Trump’s involvement, and particularly that of Musk and Ron Paul will make it extremely difficult for them to do so.
If Musk and Paul manage to expose the true position and that there is missing bullion, it is likely to be the thin edge of a wedge exposing shortfalls in other central bank holdings arising from non-return of leased gold going back decades. Have no doubt that the Treasury will take the view that this must be stopped in the interests of global monetary stability.
If this story gets legs, it could drive gold significantly higher.
.3 CHRIS POWELL AND GATA DISPATCHES
Chris Powell…..
4 ANDREW MAGUIRE/LIVE FROM THE VAULT NO 210
| Andrew Maguire | 6:58 AM (8 hours ago) |  | |
| to Chris, me, Midasnh@aol.com | |||
Attachments area
Gold’s Tipping Point: Andrew Maguire on the End of Metals Manipulation (Little By Little)
Episode
210
5B GLOBAL COMMODITY ISSUES/FOOD IN GENERAL//FREIGHT/COMMODITIES: COMMODITY//COFFE
6 CRYPTOCURRENCY NEWS
END
ASIA TRADING FRIDAY MORNING THURSDAY NIGHT
SHANGHAI CLOSED UP 28,33 PTS OR 0.85%
//Hang Seng CLOSED UP 900.95PTS OR 3,99%
// Nikkei CLOSED UP 98.30 OR 0.26%//Australia’s all ordinaries CLOSED DOWN 0.36%
//Chinese yuan (ONSHORE) CLOSED UP TO 7.2560HINESE YUAN OFFSHORE CLOSED UP TO 7.2563Oil UPTO 72.16 dollars per barrel for WTI and BRENT UP TO 76.10Stocks in Europe OPENED ALL MIXED
ONSHORE USA/ YUAN TRADING ABOVE LEVEL OF OFFSHORE YUAN/ONSHORE YUAN TRADING
STRONGER AGAINST US DOLLAR/OFFSHORE YUAN STRONGER
END
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1.YOUR EARLY CURRENCY VALUES/GOLD AND SILVER PRICING/ASIAN AND EUROPEAN BOURSE MOVEMENTS/AND INTEREST RATE SETTINGS /FRIDAY MORNING.7:30 AM
ONSHORE YUAN: CLOSED UP AT 7.2560
OFFSHORE YUAN: DOWN TO 7.2563
SHANGHAI CLOSED CLOSED UP 28.33 PTS OR 0.85%
HANG SENG CLOSED CLOSED UP 900.84 PTS OR 3.99
2. Nikkei closed UP 98.90OR 0.26%
3. Europe stocks SO FAR: ALL MIXED
USA dollar INDEX DOWN TO 106.59// EURO FALLS TO 1.0468 DOWN 33BASIS PT HEADING TO PARITY WITH USA
3b Japan 10 YR bond yield: FALLS TO. +1.414 //Japan buying 100% of bond issuance)/Japanese YEN vs USA cross now at 150,47…… 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 DOWN 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 UP 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 +2.4935//Italian 10 Yr bond yield DOWN to 3.578 SPAIN 10 YR BOND YIELD DOWN TO 3.167
3i Greek 10 year bond yield DOWN TO 3.340
3j Gold at $2930.55/Silver at: 32.93 1 am est) SILVER NEXT RESISTANCE LEVEL AT $50.00//AFTER 28.40
3k USA vs Russian rouble;// Russian rouble UP 1 AND 27 /100 roubles/dollar; ROUBLE AT 87.43
3m oil into the 72dollar handle for WTI and 76 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 150.47 10 YEAR YIELD AFTER FIRST BREAKING .54% LAST YEAR NOW EXCEEDS THAT LEVEL TO 1.414% 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 0.8987 as the Swiss Franc is still rising against most currencies. Euro vs SF: 0.9410well 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: 4.493 DOWN 1 BASIS PTS…
USA 30 YR BOND YIELD: 4.730 DOWN 2 BASIS PTS/
USA 2 YR BOND YIELD: 4.261 UDOWN 1 BASIS PTS
USA DOLLAR VS TURKISH LIRA: 36.41…
10 YR UK BOND YIELD: 4.6600 UP 5 PTS
10 YR CANADA BOND YIELD: 3.209 UP 3 BASIS PTS
5 YR CANADA BOND YIELD: 2.899 UP 2 PTS.
2a New York OPENING REPORT
2B) EUROPEAN REPORT
EUR weighed on by PMIs & JPY hit by Ueda remarks, Commodities are pressured by the firmer Dollar ahead of US PMIs – Newsquawk US Market Open
Friday, Feb 21, 2025 – 05:51 AM
- European bourses are mostly higher after paring initial pressure following dire French PMIs; US futures are modestly mixed.
- DXY attempts to recoup lost ground, EUR weighed on by PMIs, JPY hit by Ueda remarks.
- BoJ Governor Ueda said if markets make abnormal moves, the BoJ stands ready to respond nimbly, such as through market operations, to smooth market moves.
- Bunds bolstered by soft PMI metrics; Commodities are pressured by the firmer Dollar.
- Looking ahead, US Flash PMIs, Canadian Retail Sales, Speakers include ECB’s Lane, BoC’s Macklem & Fed’s Kugler & Jefferson.
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EUROPEAN TRADE
EQUITIES
- European bourses (STOXX 600 +0.3%) opened with a modest positive bias, but sentiment slipped a touch, to display a more mixed picture. Thereafter, sentiment in Europe was hit following the release of the French PMI metrics, but the downside largely stabilised after the German and EZ figures.
- European sectors hold a positive bias, but with the breadth of the market fairly narrow aside from the day’s leader. Chemicals tops the pile, lifted by post-earning strength in Air Liquide (+2.9%). Energy resides at the foot of the pile, given the weakness in oil prices in today’s session.
- US equity futures are mixed and trading on either side of the unchanged mark with the RTY up a tenth after significant losses in the prior session.
- Click for the sessions European pre-market equity newsflow
- Click for the additional news
- Click for a detailed summary
FX
- DXY is attempting to recoup some lost ground after printing a YTD trough overnight at 106.35. Downside in the prior session stems from the opening up the prospect of a US-China trade deal, softer-than-expected US data and the US curve flattening on the back of Treasury Secretary Bessent’s recent comments. If upside for the DXY extends, the next target comes via the 107 mark with yesterday’s peak just above at 107.15.
- EUR was knocked lower in early trade following a dismal outturn for French flash PMI data which saw the services metric print below the lower end of expectations, dragging the composite metrics further into negative territory and to its lowest reading since 2023. EUR/USD printed a session low at 1.0469 before recouping some ground after a beat on German manufacturing PMI was able to move the composite metric further into expansionary territory. Attention now turns to Sunday’s German election with focus on what the outcome will mean for the nation’s fiscal agenda. ECB’s Lane due to speak at 14:30GMT.
- JPY is the clear laggard across the majors with a firmer-than-expected outturn for Japanese national CPI overshadowed by comments from BoJ Governor Ueda. Ueda declared that the Bank will respond to any abnormal upside in long-term interest rates with purchases of government bonds. As such, after initially printing a fresh YTD trough overnight at 149.29, the pair has returned to a 150 handle.
- Cable printed a fresh YTD peak in early European trade following a solid retail sales report for January with the headline print coming in above the top end of estimates. On the data slate, flash PMIs for January were a mixed bag with a beat on services offset by a miss in manufacturing, leaving the composite in-line with estimates at 50.5.
- Antipodeans are both marginally softer vs. the stronger USD. AUD/USD was able to print another fresh YTD peak and breach the 0.64 threshold (0.6408 peak) before succumbing to the strength in the greenback.
- PBoC set USD/CNY mid-point at 7.1696 vs exp. 7.2433 (prev. 7.1712).
- Click for a detailed summary
- Click for NY OpEx Details
FIXED INCOME
- USTs are marginally firmer but only posting gains of a handful of ticks in rangebound/choppy trade with US-specifics so far somewhat lighter than has been the case in recent sessions. Overnight, USTs caught a bid alongside the discussed move in JGBs. Specifically, at the upper-end of a 109-03+ to 109-11+ band, eyeing the 109-15 peak from Monday. Ahead, while we await updates to the tariff and geopolitical narratives we get data via US Flash PMIs and then an appearance from Fed’s Jefferson (Voter) on Fed Communication, from this we expect both a text release and a Q&A.
- Bunds are firmer, leading the EGB space. At the upper-end of a 131.56 to 132.20 band which has eclipsed Tuesday’s best but yet to approach Monday’s 132.58 WTD peak. Into the morning’s data Bunds were around 15 ticks off the above base and in the red. The French numbers hit first and came in softer than expected with the Composite at its lowest since 2023 and particular concern around the Services figures. A release which lifted Bunds to the session high, but soon faded into the German figures which were mixed but far better than the French metrics earlier. The pan-EZ figure came in mixed vs consensus and spurred no real reaction.
- Gilts are moving with the above but with magnitudes more contained into its own data. A release which didn’t really spark much of a reaction given it was quite mixed. Services came in marginally better than expected while Manufacturing missed and printed outside the forecast range leaving Composite in-line with consensus and only incrementally down from the prior. Prior to the Flash PMIs, UK Retail metrics came in stronger than expected though the PNSB figures, while at a record surplus, actually posted a smaller surplus than the OBR forecast at the time of the October Budget; a ‘surplus’ which, given the OBR compare, isn’t as much of a welcome indicator for the Chancellor as it may appear on face value.
- JGBs were supported overnight by BoJ Governor Ueda, remarks which more than offset any pressure from hotter-than-expected Japanese CPI. Ueda said that the BoJ stands ready to respond nimbly such as through market operations if markets make abnormal moves.
- Orders for the 8yr BTP Plus have hit EUR 14bln across the offer period
- Click for a detailed summary
COMMODITIES
- Subdued price action across the crude complex, with prices weakening as the European session went underway and the dollar trending higher. Sentiment for the complex could also be subdued by the downbeat commentary from the EZ flash PMIs, which suggested “Economic output in the eurozone is barely moving at all.” Brent sits in a USD 75.89-76.75/bbl.
- Lower trade across precious metals as the Dollar attempts a recovery from its recent tumble and in turn prompting downside across metals. It was also reported that record gold prices have dampened demand at top Asian hubs, with buyers in India and China reportedly “sitting back” and waiting for a drop in prices. Spot gold resides in a USD 2,916.82-2,949.93/oz range.
- Base metals are lower across the board amid the aforementioned recovery in the Dollar coupled with flimsy risk sentiment, albeit in the absence of macro newsflow. 3M LME copper trades with mild losses between a USD 9,455.95-9,570.80/t range.
- EU’s Energy Commissioner said the EU is looking for more gas, including from the likes of the US, to replace Russian supplies, via Reuters; the draft shows that the EU is aiming for long-term LNG contracts to stabilise prices. The EU is also looking for renewable energy to cut its overall reliance on fuel.
- Oil flows from Tengiz field via Caspian Pipeline Consortium are uninterrupted, according to Ifax citing Tengizchevroil.
- Click for a detailed summary
NOTABLE DATA RECAP
- UK Retail Sales MM (Jan) 1.7% vs. Exp. 0.3% (Prev. -0.3%, Rev. -0.6%); Ex-Fuel MM 2.1% vs. Exp. 0.9% (Prev. -0.6%, Rev. -0.9%)
- UK Retail Sales YY (Jan) 1.0% vs. Exp. 0.6% (Prev. 3.6%, Rev. 2.8%); Ex-Fuel YY 1.2% vs. Exp. 0.5% (Prev. 2.9%, Rev. 2.1%)
- UK PSNB Ex Banks GBP (Jan) -15.442B GB vs. Exp. -20.0B GB (Prev. 17.811B GB, Rev. 18.119B GB)
- UK GfK Consumer Confidence (Feb) -20.0 vs. Exp. -22.0 (Prev. -22.0)
- Italian CPI (EU Norm) Final YY (Jan) 1.7% vs. Exp. 1.7% (Prev. 1.7%); Final MM (Jan) -0.8% vs. Exp. -0.7% (Prev. -0.7%)
PMIs
- French HCOB Services Flash PMI (Feb) 44.5 vs. Exp. 48.9 (Prev. 48.2); HCOB Manufacturing Flash PMI (Feb) 45.5 vs. Exp. 45.5 (Prev. 45); HCOB Composite Flash PMI (Feb) 44.5 vs. Exp. 48 (Prev. 47.6); “Overall, there is little hope to be drawn from the slightly improved index figures, as the outlook for output is still viewed pessimistically and layoffs are commonplace”.
- German HCOB Services Flash PMI (Feb) 52.2 vs. Exp. 52.5 (Prev. 52.5); HCOB Composite Flash PMI (Feb) 51.0 vs. Exp. 50.8 (Prev. 50.5); HCOB Manufacturing Flash PMI (Feb) 46.1 vs. Exp. 45.5 (Prev. 45)
- EU HCOB Manufacturing Flash PMI (Feb) 47.3 vs. Exp. 47 (Prev. 46.6); HCOB Services Flash PMI (Feb) 50.7 vs. Exp. 51.5 (Prev. 51.3); HCOB Composite Flash PMI (Feb) 50.2 vs. Exp. 50.5 (Prev. 50.2)
- UK Flash Services PMI (Feb) 51.1 vs. Exp. 50.8 (Prev. 50.8); Flash Composite PMI (Feb) 50.5 vs. Exp. 50.5 (Prev. 50.6); Flash Manufacturing PMI (Feb) 46.4 vs. Exp. 48.4 (Prev. 48.3)
NOTABLE EUROPEAN HEADLINES
- UK reportedly lines up a new ambassador to help rebuild China ties, according to Reuters.
NOTABLE US HEADLINES
- Fed’s Kugler (voter) said she believes the Fed should hold the policy rate in place for some time and noted there is currently a lot of uncertainty about the potential effect of President Trump’s tariffs, as well as noted they are looking at potential scenarios on tariff impacts and tariffs could put up price pressures, but the extent is less known. Kugler said it is unknown how much tariffs will be passed through to consumers as higher prices and to assess tariff effects “we have to wait”, while she added they will need to stop balance sheet shrinkage at some point, while still above ample reserves.
- China Foreign Ministry says Vice Premier He Lifeng will speak with US Treasury Secretary Bessent, “will communicate important issues in the economic field between China and US over video call”.
- “Senate continues vote-a-rama through the night to develop budget framework for Trump agenda.”, according Fox’s Pergram.
- “Senate GOP budget resolution passes with Rand Paul voting no”, according to Punchbowl’s Bresnahan.
- Tesla (TSLA) recalling 376,241 US vehicles, according to NHTSA, amid a loss of power steering assist which can increase the risk of a crash.
GEOPOLITICS
MIDDLE EAST
- Israeli police received reports of two explosions in Bat Yam and one in Holon on Thursday night, while four explosive devices were found in buses in Bat Yam and Holon. Israeli PM’s office said there was an attempt to carry out a series of attacks on buses and Israeli PM Netanyahu has instructed the military to carry out an intense operation in the West Bank against “terror” hubs.
- Israel military said two bodies released by Hamas on Thursday were identified as Israeli hostages Kfir and Ariel Bibas, while it demanded for Hamas to return Shiri Bilbas along with all hostages. It was separately reported that the IDF said the exchange with Hamas on Saturday will continue as planned, according to Asharq News.
RUSSIA-UKRAINE
- “AFP quoting Ukrainian source: Kiev and Washington continue negotiations on strategic minerals”, according to Sky News Arabia.
- Russia Security Council says threats to Russian port infrastructure from NATO have intensified, according to RIA. Adds, NATO considers maritime transport and major oil terminals as targets for attacks.
- US Secretary of State Rubio said the meeting between US President Trump and Russian President Putin will largely depend on whether progress can be made on ending the war in Ukraine.
- US opposes language on ‘Russian aggression’ in G7 statement on Ukraine, according to FT
- Polish PM Tusk called for financing aid for Ukraine from frozen Russian assets and urged stronger defences along EU borders with Russia.
- China’s Foreign Minister Wang Yi said China supports all efforts conducive to peace in Ukraine including the recent consensus reached by the US and Russia, while he added that China is willing to continue playing a constructive role in political resolution of the crisis.
- “German Chancellor: Ceasefire in Ukraine is still elusive”, according to Sky News Arabia.
- Russian Kremlin says there is an understanding for a Trump-Putin meeting; no concrete details yet. Special military operation is continuing and goals will be achieved. Have goals related to security and ready to achieve this via negotiations.
OTHER
- China’s military warned and drove away three Philippine aircraft that ‘illegally intruded’ into the airspace near the Spratly Islands and reefs on Thursday.
- There has been a new cable break in the Baltic Sea, according to information to TV4 News, The Armed Forces confirm that they are aware of the information.
- Sweden’s PM says they are looking into a breach of an undersea cable within the Baltic Sea; Coast Guard adds that the suspected breach occurred in Sweden’s EEZ.
- European Commission is to propose a new surveillance mechanism for submarine cables, according to a document cited by Reuters.
CRYPTO
- Bitcoin is a little firmer and trading just above USD 98k; Ethereum continues to climb as it approaches USD 2.8k.
APAC TRADE
- APAC stocks traded mostly higher albeit with mixed price action seen following the subdued handover from Wall St where stocks declined amid geopolitical uncertainty, disappointing data and weak Walmart guidance, while participants in the region digested earnings releases and central bank commentary.
- ASX 200 marginally declined amid a deluge of earnings releases and after Australia’s flash manufacturing PMI improved but remained in contraction territory, while RBA Governor Bullock reiterated a cautious approach to further rate cuts.
- Nikkei 225 swung between gains and losses with initial pressure owing to recent currency strength and after mostly firmer-than-expected CPI data, although the index then rebounded and the yen weakened amid comments from BoJ Governor Ueda who said if markets make abnormal moves, they stand ready to respond nimbly, such as through market operations.
- Hang Seng and Shanghai Comp are positive with notable outperformance in the Hong Kong benchmark which was led by a tech surge as Alibaba shares climbed by a double-digit percentage post-earnings, while the PBoC and Chinese Premier Li recently pledged efforts to smooth financing and stimulate consumption, respectively.
NOTABLE ASIA-PAC HEADLINES
- BoJ Governor Ueda said BoJ’s massive monetary easing including YCC was a necessary process towards achieving the price target and they acknowledged the BoJ’s massive stimulus caused various side effects, Ueda said they expect long-term interest rates to fluctuate to some extent depending on the market’s view on the economic outlook and if markets make abnormal moves, they stand ready to respond nimbly, such as through market operations, to smooth market moves. Ueda said he won’t comment on where long-term interest rates could eventually converge and cannot say specifically when exactly the BoJ could conduct emergency market operations to soothe yield moves. Furthermore, he said there could be more side effects from monetary easing and that more interest rate hikes could come into sight if the price outlook continues to improve, and there might be some unpredictable impact on the economy, while he reiterated the accommodative environment continues and BoJ will adjust monetary policy if underlying prices rise.
- RBA Governor Bullock said the board is committed to being guided by incoming data and evolving risk assessments, while she added there is no pre-commitment to any specific course of action on interest rates and the board remains cautious about further policy easing.
DATA RECAP
- Japanese National CPI YY (Jan) 4.0% vs. Exp. 3.9% (Prev. 3.6%); Ex. Fresh Food YY (Jan) 3.2% vs. Exp. 3.1% (Prev. 3.0%)
- Japanese National CPI Ex. Fresh Food & Energy YY (Jan) 2.5% vs. Exp. 2.5% (Prev. 2.4%)
C) ASIA REPORT
APAC trades mostly higher despite a geopolitically driven handover – Newsquawk Europe Market Open
Friday, Feb 21, 2025 – 01:31 AM
- APAC stocks traded mostly higher albeit with mixed price action seen following the subdued handover from Wall St where stocks declined amid geopolitical uncertainty, disappointing data and weak Walmart guidance, while participants in the region digested earnings releases and central bank commentary.
- Fed’s Kugler (voter) said she believes the Fed should hold the policy rate in place for some time and noted there is currently a lot of uncertainty about the potential effect of President Trump’s tariffs.
- Japanese CPI printed mostly above expectations; BoJ Governor Ueda said if markets make abnormal moves, the BoJ stands ready to respond nimbly, such as through market operations, to smooth market moves.
- US President Trump’s administration gave Ukraine an “improved” draft for a minerals agreement between the countries after Ukrainian President Zelensky infuriated US President Trump by rejecting his initial offer, while sources on both sides now say a deal is now looking more likely, according to Axios.
- European equity futures indicate a flat cash market open with Euro Stoxx 50 futures U/C after the cash market closed flat on Thursday.
- Looking ahead, highlights include EZ, UK & US Flash PMIs, UK & Canada Retail Sales, Speakers including ECB’s Lane, BoC’s Macklem & Fed’s Kugler & Jefferson, Earnings from Air Liquide, Standard Chartered & Poste Italiane.
SNAPSHOT
US TRADE
EQUITIES
- US stocks were pressured and all major indices closed in the red with underperformance in the Dow following dismal guidance from Walmart, while risk sentiment was also not helped by weaker-than-expected data and the geopolitical uncertainty amid tensions between US and Ukraine with White House National Security Advisor Waltz telling Ukraine to “tone it down”, although sources later noted that the US has given Ukraine a new “improved” draft of the minerals deal.
- SPX -0.43% at 6,118, NDX -0.48% at 22,068, DJIA -1.01% at 44,177, RUT -0.91% at 2,262.
- Click here for a detailed summary.
TARIFFS/TRADE
- White House National Economic Council Head Hassett sees revenue from China tariffs of USD 500bln to USD 1tln over 10 years and said replacing income tax revenue with tariffs is possible.
- US President Trump’s aluminium tariffs set to take effect on March 12th will cover 123 products including chipmaking equipment parts and aircraft components in a potential blow to Japanese companies that rely on exports to America, while Japan’s Trade Ministry is working to identify items and how Japanese companies will be impacted, according to Nikkei.
NOTABLE HEADLINES
- Fed’s Kugler (voter) said she believes the Fed should hold the policy rate in place for some time and noted there is currently a lot of uncertainty about the potential effect of President Trump’s tariffs, as well as noted they are looking at potential scenarios on tariff impacts and tariffs could put up price pressures, but the extent is less known. Kugler said it is unknown how much tariffs will be passed through to consumers as higher prices and to assess tariff effects “we have to wait”, while she added they will need to stop balance sheet shrinkage at some point, while still above ample reserves.
- Fed’s Musalem (2025 voter) said assurance that inflation is returning to the 2% target is needed before further policy changes and a patient approach is appropriate, while he also stated there are lots of risks in the economy right now on many fronts and noted that so far there are no plans to change the Fed balance sheet drawdown. Furthermore, Musalem said a one-time increase in tariffs is a one-time increase in the price level and any new tariffs will need a lot of study to understand the impact.
- Fed’s Barr (Vice Chair for Supervision) urged incoming regulators to implement international capital standards and said the Fed should not reform stress tests in a way that results in lower bank capital requirements. Furthermore, he said it is important to have strong bank regulation and supervision against potential shocks.
APAC TRADE
EQUITIES
- APAC stocks traded mostly higher albeit with mixed price action seen following the subdued handover from Wall St where stocks declined amid geopolitical uncertainty, disappointing data and weak Walmart guidance, while participants in the region digested earnings releases and central bank commentary.
- ASX 200 marginally declined amid a deluge of earnings releases and after Australia’s flash manufacturing PMI improved but remained in contraction territory, while RBA Governor Bullock reiterated a cautious approach to further rate cuts.
- Nikkei 225 swung between gains and losses with initial pressure owing to recent currency strength and after mostly firmer-than-expected CPI data, although the index then rebounded and the yen weakened amid comments from BoJ Governor Ueda who said if markets make abnormal moves, they stand ready to respond nimbly, such as through market operations.
- Hang Seng and Shanghai Comp are positive with notable outperformance in the Hong Kong benchmark which was led by a tech surge as Alibaba shares climbed by a double-digit percentage post-earnings, while the PBoC and Chinese Premier Li recently pledged efforts to smooth financing and stimulate consumption, respectively.
- US equity futures remained subdued following the prior day’s lacklustre performance on Wall St.
- European equity futures indicate a flat cash market open with Euro Stoxx 50 futures U/C after the cash market closed flat on Thursday.
FX
- DXY attempted to nurse some of the prior day’s losses after falling to a fresh YTD low firmly beneath the 107.00 level with mild overnight support seen as the JPY gave back some of its recent gains following Ueda’s comments. Nonetheless, the recovery in the greenback was limited following the recent weak data releases in the US and a softer yield environment.
- EUR/USD traded little changed and held on to most of its recent spoils after having briefly reclaimed the 1.0500 handle.
- GBP/USD took a breather after gradually climbing during the prior session to gain a firm footing above the 1.2600 level.
- USD/JPY recovered the majority of yesterday’s losses and returned to above the psychologically significant 150.00 level with the rebound assisted by comments from BoJ Governor Ueda who said they are ready to respond nimbly through open market operations if there are abnormal market moves.
- Antipodeans were uneventful amid a lack of pertinent tier-1 data and with RBA and RBNZ officials reiterating the views from their respective central bank meetings earlier this week.
- PBoC set USD/CNY mid-point at 7.1696 vs exp. 7.2433 (prev. 7.1712).
FIXED INCOME
- 10yr UST futures eked mild gains following yesterday’s positive but choppy performance as participants reflected on the recent rhetoric from the Trump administration, US data and the negative risk sentiment on Wall St.
- Bund futures continued the slow recovery from this week’s trough and remained in sub-132.00 territory amid a lack of pertinent drivers and ahead of the German election on Sunday.
- 10yr JGB futures were boosted alongside comments from BoJ Governor Ueda who spoke regarding the BoJ’s past massive monetary easing including YCC which he said was a necessary process towards achieving the price target and stated that they stand ready to respond nimbly such as through market operations if markets make abnormal moves.
COMMODITIES
- Crude futures were rangebound amid quiet energy-specific catalysts and ongoing geopolitical uncertainty.
- Spot gold initially climbed as Shanghai commodities trade got underway but then wiped out its gains as the dollar firmed.
- Copper futures retreated with demand subdued by the mixed risk appetite and a stronger dollar.
- US EIA Weekly Crude Stocks 4.633M vs. Exp. 3.0M (Prev. 4.07M).
- US EIA reported no crude oil addition to the SPR in the latest week for the first time since December 2024.
- EU’s Energy Commissioner said the EU is looking for more gas, including from the likes of the US, to replace Russian supplies, via Reuters; the draft shows that the EU is aiming for long-term LNG contracts to stabilise prices. The EU is also looking for renewable energy to cut its overall reliance on fuel.
CRYPTO
- Bitcoin traded indecisively and kept within a relatively tight range above the USD 98,000 level.
NOTABLE ASIA-PAC HEADLINES
- BoJ Governor Ueda said BoJ’s massive monetary easing including YCC was a necessary process towards achieving the price target and they acknowledged the BoJ’s massive stimulus caused various side effects, Ueda said they expect long-term interest rates to fluctuate to some extent depending on the market’s view on the economic outlook and if markets make abnormal moves, they stand ready to respond nimbly, such as through market operations, to smooth market moves. Ueda said he won’t comment on where long-term interest rates could eventually converge and cannot say specifically when exactly the BoJ could conduct emergency market operations to soothe yield moves. Furthermore, he said there could be more side effects from monetary easing and that more interest rate hikes could come into sight if the price outlook continues to improve, and there might be some unpredictable impact on the economy, while he reiterated the accommodative environment continues and BoJ will adjust monetary policy if underlying prices rise.
- RBA Governor Bullock said the board is committed to being guided by incoming data and evolving risk assessments, while she added there is no pre-commitment to any specific course of action on interest rates and the board remains cautious about further policy easing.
DATA RECAP
- Japanese National CPI YY (Jan) 4.0% vs. Exp. 3.9% (Prev. 3.6%)
- Japanese National CPI Ex. Fresh Food YY (Jan) 3.2% vs. Exp. 3.1% (Prev. 3.0%)
- Japanese National CPI Ex. Fresh Food & Energy YY (Jan) 2.5% vs. Exp. 2.5% (Prev. 2.4%)
GEOPOLITICS
MIDDLE EAST
- Israeli police received reports of two explosions in Bat Yam and one in Holon on Thursday night, while four explosive devices were found in buses in Bat Yam and Holon. Israeli PM’s office said there was an attempt to carry out a series of attacks on buses and Israeli PM Netanyahu has instructed the military to carry out an intense operation in the West Bank against “terror” hubs.
- Israel military said two bodies released by Hamas on Thursday were identified as Israeli hostages Kfir and Ariel Bibas, while it demanded for Hamas to return Shiri Bilbas along with all hostages. It was separately reported that the IDF said the exchange with Hamas on Saturday will continue as planned, according to Asharq News.
RUSSIA-UKRAINE
- Ukrainian President Zelensky said he had a productive meeting with US Envoy Kellogg and discussed security guarantees, while he said Ukraine is ready for a strong and useful agreement with the US on investments and security.
- US President Trump’s administration gave Ukraine an “improved” draft for a minerals agreement between the countries after Ukrainian President Zelensky infuriated US President Trump by rejecting his initial offer, while sources on both sides now say a deal is now looking more likely, according to Axios.
- White House National Security Advisor Waltz said Europe needs to step up for their own defence as a NATO partner and called for allies to pay up by the June NATO summit. Waltz also said some of the insults coming out of Kyiv were unacceptable and Ukrainian President Zelensky needs to come back to the table on critical minerals, while he added that President Trump is obviously very frustrated with Zelensky right now.
- US Secretary of State Rubio said the meeting between US President Trump and Russian President Putin will largely depend on whether progress can be made on ending the war in Ukraine.
- US opposes language on ‘Russian aggression’ in G7 statement on Ukraine, according to FT
- French President Macron said if there is no dissuasion, Russia will not keep its word, while they are not planning to send troops to Ukraine but could send troops as part of peacekeeping and security guarantees for Ukraine. Macron said the priority is to work on creating European champions for the defence industry and he will tell US President Trump that weakness with Russian President Putin will not make him credible with China and Iran’s nuclear threat.
- Polish PM Tusk called for financing aid for Ukraine from frozen Russian assets and urged stronger defences along EU borders with Russia.
- China’s Foreign Minister Wang Yi said China supports all efforts conducive to peace in Ukraine including the recent consensus reached by the US and Russia, while he added that China is willing to continue playing a constructive role in political resolution of the crisis.
OTHER
- China’s military warned and drove away three Philippine aircraft that ‘illegally intruded’ into the airspace near the Spratly Islands and reefs on Thursday.
EU/UK
NOTABLE HEADLINES
- UK reportedly lines up a new ambassador to help rebuild China ties, according to Reuters.
DATA RECAP
- UK GfK Consumer Confidence (Feb) -20.0 vs. Exp. -22.0 (Prev. -22.0)
3 .ASIA
3A NORTH KOREA/SOUTH KOREA
end
3BJAPAN
end
3C. CHINA/
CHINA
3 .ASIA
3A NORTH KOREA/SOUTH KOREA
end
3BJAPAN
end
4.EUROPEAN AFFAIRS//UK /SCANDINAVIAN AFFAIRS
UK
Calling on Elon Musk to help us get rid of the British Deep state
(zerohedge)
Liz Truss Calls For ‘Elon & His Nerd Army’ To Investigate ‘British Deep State’
Friday, Feb 21, 2025 – 04:15 AM
Former British Prime Minister Liz Truss told the audience at this year’s Conservative Political Action Conference (CPAC) that her country is “failing,” and needs a MAGA-type movement to save it.
“We now have a major problem in Britain that judges are making decisions that should be made by politicians,” said Truss, speaking from National Harbor, Maryland, and adding that the British judiciary is “no longer accountable” due to reforms by her predecessor, Tony Blair, who handed power over to an “unelected bureaucracy.”
“There’s no doubt in my mind that until those changes are reversed, we do not have a functioning country. The British state is now failing, is not working. The decisions are not being made by politicians,” Truss continued.
Truss also said that UK voters have grown increasingly angry because they keep voting for change – only to be let down over and over, including by current PM Keir Starmer.
“The same people are still making the decisions. It’s the deep state, it’s the unelected bureaucrats, it’s the judiciary,” Truss said. “And I think what ultimately will happen, what I hope to see, is a movement like you have in the US with Maga [‘Make America great again’], with CPAC, with all these organisations, that ultimately pushes change we all want. We want to have a British CPAC.”
Truss then said “We want Elon and his nerd army of muskrats examining the British Deep State!”
Truss’s comments are emblematic of a growing right-wing movement across Europe – as voters in Germany, Austria, France and the Netherlands have been gravitating towards populism amid failed ‘green’ policies, unchecked immigration, and censorship policies that violate basic human rights.
According to the NY Times, which spoke with Europeans who voted for right-wing candidates, people cast their ballots “in fury, in frustration, in protest and perhaps most of all in a bid to bring change to a system they believe has failed to fulfill the contract between their democratically elected governments and the people.”
They talked openly about nationalism, immigration, stagnant economies, the cost of living, housing shortages, anger at the elite and their countries’ perceived buckling to what many consider politically correct views.
Their voices offer a window into the choices Europeans may make in the year ahead. The main event will be a Feb. 23 snap federal election after the collapse of the governing coalition in Germany, where the far-right Alternative for Germany, or AfD, has made tremendous gains. Voters in Italy, Poland, Norway, Ireland, Romania and the Czech Republic — all countries where populist movements are either well established or on the rise — are also expected to choose leaders on the local or national level.
Meanwhile, Nigel Farage’s Reform Party is on track to win the next election.
Farage has notably slammed the impact of Net Zero on the British Economy, and says he’s on a mission to “reindustrialize” Britain and achieve a “180 shift” in the country’s policies.
There’s reason for cheer at Reform HQ this morning: Nigel Farage’s party is leading Labour in a YouGov voting intention poll for the first time. According to the poll, Reform UK leads on 25 points with Labour in second place on 24 per cent and the Conservatives in third on 21 per cent. Meanwhile, the Liberal Democrats are on 14 per cent and the Greens on 9 per cent. While there have been a handful of polls to date putting Reform in the lead, they have so far been regarded as outliers. In response to the poll, Richard Tice, the deputy leader of Reform, said: ‘Much more to come as common sense policies welcomed to save Britain and make us better off’. –Spectator.co.uk
5 RUSSIAN AND MIDDLE EASTERN AFFAIRS
ISRAEL
Multiple buses explode across central Israel in suspected mass bombing attempt
Israel temporarily halts public transport across country • None wounded • Hamas battalion links blasts to ‘jihad of victory or martyrdom’
By KESHET NEEV, JAMES GENNFEBRUARY 20, 2025 21:01Updated: FEBRUARY 20, 2025 23:46
Several buses exploded in various locations across central Israel on Thursday evening in what Israeli security forces suspect to be a planned mass terror bombing attempt by Hamas-affiliated terrorists in the West Bank.
At least three bombs exploded in buses in the area of Bat Yam, Israel Police said.
Police stated that no one had been injured in the incidents and that a manhunt was underway in search of the suspects. Transport Minister Miri Regev called to halt all buses, trains, and light rail trains in order to check for further possible explosive devices. Regev also cut short her visit to Morocco and will return to Israel immediately.
Prime Minister Benjamin Netanyahu’s office sent out a statement late on Thursday, reaffirming that the prime minister is receiving ongoing updates from his military secretary regarding the situation and is expected to soon hold a security assessment.
Explosives weighing four to five kilograms were found, intending to explode on Friday morning in order to kill hundreds of civilians, the Tel Aviv Police District Commander Asst.-Ch. Haim Sargaroff updated late on Thursday evening.
“This is a large-scale incident and we are deployed to a large number of locations. We have scanned the trains and buses and are trying to understand how many suspects are involved,” Sargaroff added.
Hamas West Bank battalion appears to claim responsibility for mass bus bombings
Security officials later established that those responsible for planting the explosive devices came from “terrorist infrastructure” in West Bank refugee camps.
“The revenge of the martyrs will not be forgotten as long as the occupier is present on our land. This is a jihad of victory or martyrdom,” Hamas’s Tulkarm battalion published in a statement, hinting at responsibility for the explosions.
A passenger from one of the buses noticed a suspicious package in the back seat and brought it to the driver’s attention, Ofir Karni, CEO of Israeli bus company Dan, told Channel 12.
The driver then drove to a nearby terminal, and the passengers got off the bus. The driver conducted a scan, confirmed that the package was suspicious, removed all people to a safe distance, and called the police bomb squad, Karni added.
Just after this, the explosion occurred, according to Karni.
Police forces, bomb disposal units scan central Israel
Police said that large groups of forces were at the scene to investigate, and bomb disposal units have begun scanning the area for additional suspicious objects.
“We urge the public to avoid the areas and remain alert for any suspicious items,” the police warned the public in a statement.
Regev held a security assessment with various transportation officials and received updates on the incidents.
Defense Minister Israel Katz instructed the IDF to intensify its operations against refugee camps in Judea and Samaria in response to the explosions.
This is a developing story.
Amichai Stein and Amir Bohbot contributed to this report.
END
Iran believed to be behind central Israel bus bombings, initial security assessment finds
Attack likely planned by Iran • None wounded • Hamas battalion links blasts to ‘jihad of victory or martyrdom’
By KESHET NEEV, JERUSALEM POST STAFFFEBRUARY 20, 2025 21:01Updated: FEBRUARY 21, 2025 10:00
Several buses exploded in various locations across central Israel on Thursday evening in a planned mass terror bombing attempt. At least three bombs exploded buses in the area of Bat Yam, Israel Police said.
The initial assessment from the security establishment is that the plan for the attack came from Iran, and was carried out by Hamas terrorists from the West Bank. Shin Bet (Israel Security Agency) identified Iranian involvement in the West Bank by supplying weapons, training terrorists to carry out attacks, and assembling explosive devices, according to Maariv.
Iran also transferred large amounts of money to terror cells in West Bank, Maariv added.
The bombs were set to explode at “around 9 or 10am, but were set incorrectly,” according to Maariv, and were composed of non-standard explosive material, including fertilizer and urea.
Bat Yam Mayor Zvika Brut told Maariv that he intends to increase security in the city, particularly around schools and other education establishments, but it is unlikely that terrorists remain in the area.
Police stated that no one had been injured in the incidents and that a manhunt was underway in search of the suspects. Transport Minister Miri Regev called to halt all buses, trains, and light rail trains in order to check for further possible explosive devices. Regev also cut short her visit to Morocco and will return to Israel immediately.
Prime Minister Benjamin Netanyahu’s office sent out a statement late on Thursday, reaffirming that the prime minister is receiving ongoing updates from his military secretary regarding the situation and was expected to soon hold a security assessment.
The security assessment concluded that the IDF would carry out a “powerful operation” against “terrorist hotspots” in the West Bank.
Netanyahu also instructed Israel Police and Shin Bet to “increase preventive activity in Israeli cities against further terrorist attacks,” the PMO stated.
Explosives weighing four to five kilograms were found, intending to explode on Friday morning in order to kill hundreds of civilians, the Tel Aviv Police District Commander Asst.-Ch. Haim Sargaroff updated late on Thursday evening.
“This is a large-scale incident and we are deployed to a large number of locations. We have scanned the trains and buses and are trying to understand how many suspects are involved,” Sargaroff added.
Hamas West Bank battalion appears to claim responsibility for mass bus bombings
Security officials later established that those responsible for planting the explosive devices came from “terrorist infrastructure” in West Bank refugee camps.
“The revenge of the martyrs will not be forgotten as long as the occupier is present on our land. This is a jihad of victory or martyrdom,” Hamas’s Tulkarm battalion published in a statement, hinting at responsibility for the explosions.
A passenger from one of the buses noticed a suspicious package in the back seat and brought it to the driver’s attention, Ofir Karni, CEO of Israeli bus company Dan, told Channel 12.
The driver then drove to a nearby terminal, and the passengers got off the bus. The driver conducted a scan, confirmed that the package was suspicious, removed all people to a safe distance, and called the police bomb squad, Karni added.
Just after this, the explosion occurred, according to Karni.
Police forces, bomb disposal units scan central Israel
Police said that large groups of forces were at the scene to investigate, and bomb disposal units have begun scanning the area for additional suspicious objects.
“We urge the public to avoid the areas and remain alert for any suspicious items,” the police warned the public in a statement.
Regev held a security assessment with various transportation officials and received updates on the incidents.
The IDF blocked entry to some areas in the West Bank, following the detonation of bombs on buses in Bat Yam on Thursday evening, the military announced.
The IDF added that the military is working in cooperation with Shin Bet (Israel Security Agency) and the Israel Police to investigate the incident.
Defense Minister Israel Katz instructed the IDF to intensify its operations against refugee camps in the West Bank in response to the explosions.
The IDF later announced that an additional three battalions will be deployed in West Bank.
This is a developing story.
TWO boys murdered, SHIRI’S body not returned. Netanyahu furious:
Forensic findings confirm Kfir, Ariel Bibas’ return, reveal they were brutally murdered in Gaza
Though the bodies of the two murdered young children were a DNA match, the body of their mother, Shiri, was not.
By JOANIE MARGULIESFEBRUARY 21, 2025 02:49Updated: FEBRUARY 21, 2025 03:15
Official identification has linked the remains of two of the four bodies returned to Israel today from captivity as belonging to Kfir and Ariel Bibas, the IDF confirmed early Friday morning, alongside a report on forensic findings of the case.
The two boys, nine months and four years old, respectively, at the time of their abduction on October 7, 2023. The bodies were identified using forensic analysis in an interdepartmental collaboration between the National Institute of Forensic Medicine and Israel Police.
Available intelligence and forensic evidence from the identification process have led officials to determine that the two children were brutally murdered in captivity by terrorists in November 2023, just a month after their abduction.
Kfir Bibas was murdered at 10 months old. Ariel was murdered at four years old.
The children were abducted from their home in Kibbutz Nir Oz alongside their father, Yarden, and their mother Shiri.
Where is Shiri Bibas’ body, and what is Hamas doing with it?
While their father, Yarden, was released as part of the hostage return agreement on February 1, 2025, their mother, Shiri’s body, was supposed to be released by their side. The body that was returned with Kfir, Ariel, and Oded Lifshitz was not a match for Shiri Bibas, according to the Institute of Forensic Medicine.
The military identified Oded Lifshitz definitively before confirming the identities of Ariel and Kfir Bibas. The body that was posing as the remains of Shiri Bibas, in a coffin locked and sent with keys that did not match, was an anonymous woman. After arrival, she was dressed in items of clothing, but still not a match to the Bibas’ mother.
Experts attempted to perform DNA matches to the other Israeli hostages held in Gaza, finding no match.
The return of a random body, not Shiri Bibas, violates the agreement that brought the bodies back, officials said, noting that returning the proper bodies was obligated under the agreement.
Following the confirmation of identities, Israel’s ambassador to the United Nations wrote on X, formerly Twitter, “Instead of returning Shiri, the mother of Kfir and Ariel, Hamas returned an unidentified body, as if it were a worthless shipment. This is a new low, an evil and cruelty with no parallel.”
end
Netanyahu: Hamas ‘will pay full price’ for not returning body of Shiri Bibas
“The cruelty of the Hamas monsters knows no bounds,” he added.
By MATHILDA HELLERFEBRUARY 21, 2025 09:31Updated: FEBRUARY 21, 2025 10:10
Israeli Prime Minister Benjamin Netanyahu vowed on Friday morning that Hamas would “pay full price” after it was confirmed that one of the slain hostage bodies, returned by the terror group, was not that of Shiri Bibas, as agreed to in the hostage-ceasefire deal.
“Hamas will pay the full price for this cruel and wicked violation of the agreement,” Netanyahu said.
Netanyahu also said that the body of a Gazan woman was instead put in Shiri’s coffin.
“Not only did Hamas kidnap the father, Yarden Bibas, the young mother, Shiri, and their two small babies, [Ariel and Kfir], in an unspeakably evil manner, they did not return Shiri to her little children, her little angels, and instead put the body of a Gazan woman in a coffin,” he stated.
Earlier on Friday morning, the IDF confirmed that two of the hostage bodies, among the four returned on Thursday, belonged to Ariel and Kfir Bibas.
The body of the slain hostage, Oded Lifshitz, was identified on Thursday. However, the fourth body was not that of Shiri Bibas, and no match was found for any other hostage.
The IDF said that forensic officials carried out several tests on the anonymous woman’s body to ensure the result’s accuracy and that the body was received in “a condition in which it could be clearly verified it does not belong to Shiri Bibas.”
‘We will take revenge’
Netanyahu added that the State of Israel bows its head to Ariel and Kfir Bibas and to Oded Lipshitz. All three were murdered with terrible cruelty in Hamas captivity in the first weeks of the war.”
“The cruelty of the Hamas monsters knows no bounds,” he added.
“We will act resolutely to bring Shiri home along with all our hostages – both living and dead – and ensure that Hamas pays the full price for this cruel and wicked violation of the agreement,” he continued.
“May God avenge their blood,” he concluded. “We, too, will take revenge.”
Amichai Stein contributed to this report.
end
Hamas says it is ‘surprised by uproar’ regarding Shiri Bibas, will carry out own investigation
It also said, if it found Israel’s results to be true, it would “call for the return of the body that the occupation claims belongs to a Palestinian woman.”
By MATHILDA HELLERFEBRUARY 21, 2025 11:09Updated: FEBRUARY 21, 2025 13:3
Hamas denied Israel’s announcement that the hostage body returned on Thursday wasn’t that of Shiri Bibas, saying it was “surprised by the uproar” in an official statement on Friday.
“Hamas is surprised by the uproar caused by the occupation following its claim that the body of the detainee, Shiri Bibas, does not match the DNA test,” the terror group said.
Hamas also said that if it found Israel’s forensic results to be true, it would “call for the return of the body” that was brought to Israel, which “the occupation claims belongs to a Palestinian woman.”
The IDF confirmed on Friday morning that the hostage remains released on Thursday belonged to Ariel and Kfir Bibas. However, the third body “was not that of Shiri Bibas, and no match was found for any other hostage. It is an anonymous body without identification,” Israel’s military stated.
Hamas added that there was a possibility of “an error or mix-up in the bodies, which may have resulted from the occupation’s targeting and bombing of the location where the family was present along with other Palestinians.”
Hamas then claimed it would carry out its own investigation and would reveal the results.
Israel has used DNA and forensic techniques to confirm that the body is indeed not Shiri Bibas’s. However, Hamas claimed it would carry out its own investigation and would reveal the results.
Hamas also rejected the threats made by Benjamin Netanyahu following the news that the three returned hostages had been murdered in captivity and that the body of Shiri was withheld, calling it “part of his attempts to polish his image before Zionist society and within the context of internal Israeli disputes.”
Ongoing hostage deal
Speaking on the hostage deal, Hamas said it was committed to its obligations, “demonstrated by [its] conduct over the past days.” It said it has “no interest in failing to comply or in retaining any bodies in our possession.”
end
ISRAEL/HAMAS opinion
Hamas butchered our children. Now their days are numbered – editorial
The return of our hostages is still our sacred mission, but we must also ensure that those responsible for these atrocities are met with absolute destruction.
By JPOST EDITORIALFEBRUARY 21, 2025 05:54Updated: FEBRUARY 21, 2025 09:33
On Thursday, Israel faced another horrifying chapter in the ongoing hostage crisis. After 503 days in captivity, the remains of Oded Lifshitz, Ariel Bibas, and Kfir Bibas were returned, alongside a fourth body that was not that of Shiri Bibas. The fate of Shiri remains unknown, leaving her family and the entire country in a state of anguish and rage. But this was not just another tragedy—this was barbarism, a war crime of the worst kind.
Forensic reports have now confirmed what we all feared: Hamas did not just abduct these children; they brutally murdered them in captivity in November 2023. Kfir Bibas was just ten months old. Ariel was four. “The two children were brutally murdered in captivity by terrorists in November 2023, just a month after their abduction,” the forensic reports stated.
The terrorists who carried out these acts are monsters, devoid of any human decency. This was not collateral damage, not an unfortunate consequence of war—this was intentional, cold-blooded murder.
The world must know the truth. Hamas did not just take hostages; they slaughtered infants in the darkness of their tunnels, then callously returned the wrong body in a twisted mockery of basic humanity.
Their cruelty knows no bounds. They paraded our children’s remains like trophies, and then, as if to add another layer of horror, they failed to even return their mother’s body. “Instead of returning Shiri, the mother of Kfir and Ariel, Hamas returned an unidentified body, as if it were a worthless shipment,” Israel’s ambassador to the United Nations wrote on X. This is a new low, an evil and cruelty with no parallel.
As the Israel Embassy to the US stated: “Hamas sent home the murdered boys without their mother. Depraved monsters.” The world cannot remain silent.
Those who have called for ceasefires, who have demanded negotiations with Hamas, must now ask themselves: How do you negotiate with monsters? How do you make peace with those who murder babies and celebrate their deaths? Hamas-supporting parents and their children stood by in Gaza, watching the spectacle of Israeli children’s bodies being paraded around. What kind of society allows such evil to flourish?
Israel must respond with the full force of its power. This is no longer just about retrieving hostages; this is about eradicating a force of pure evil. There is no justification, no rationalization, and no compromise to be made with those who revel in the suffering of innocents.
Every remaining terrorist must know that there will be no safe haven, no escape from justice. “This is a very serious violation by the Hamas terrorist organization, which is required by the agreement to return four dead hostages. We demand that Hamas return Shiri home along with all our hostages,” the IDF declared.
World leaders have also expressed their outrage. The Office of the President of Argentina released a statement condemning Hamas, declaring two days of national mourning for Ariel and Kfir and stating that the terrorist group “must be reduced to ashes and become nothing more than a horrible memory in world history.”
The Jewish Federations expressed their horror, calling Hamas’s deception a form of “cruel and deceitful psychological warfare against the Bibas family, the State of Israel, and the Jewish people.”
The Orthodox Union pointed to the infamous image of Shiri Bibas shielding her children as Hamas terrorists abducted them, stating, “For 500 days we hoped that the joyous innocence of Ariel and Kfir would overcome the darkness of their captors, but only because we continue to naively underestimate the depths of Hamas’ depravity.”
The Anti-Defamation League posted an image of Ariel and Kfir in Batman costumes with the words, “They were babies. Innocent babies. May their memory be a blessing.”
Battles to come
For 16 months, Israelis have taken to the streets, torn between hope and despair, knowing that each day could bring either miraculous reunions or gut-wrenching funerals. This time, we were confronted with the worst-case scenario. But if Hamas believes that murdering children will break our resolve, they are mistaken.
The flame of hope must not be extinguished, but it must now be accompanied by the fire of retribution. The return of our hostages is still our sacred mission, but we must also ensure that those responsible for these atrocities are met with absolute destruction.
This editorial has been updated according to the update on the identities of the slain hostages bodies.
END
Rubio condemns Hamas, says group would be ‘wiped out’ if it were next to US border – Fox News
Rubio said Hamas “is not a government, it is not simply an ideological movement, [but] evil, terrible people.”
By MATHILDA HELLERFEBRUARY 21, 2025 10:29Updated: FEBRUARY 21, 2025 11:33
US Secretary of State Marco Rubio condemned the actions of Hamas during the release of the four Israeli hostages on Thursday and stated that if a group like Hamas existed on the other side of the US border, “we would wipe them out,” during an interview with Fox News on Friday.
It appeared that Rubio gave the interview prior to Israel’s identification process of the four slain hostages and, therefore, before the discovery that Shiri Bibas’s body was not returned, as agreed to in the deal between Israel and Hamas.
However, addressing Thursday’s hostage body release, Rubio told Fox it was a “reminder of who Hamas really is.”
“Just thinking about the fact they went in, grabbed this family, this young woman with her two infant children, and they died in their captivity. Who does that? Who kidnaps families? And they the way that they were released, with people cheering in the streets,” he said.
Rubio continued that Hamas “is not a government. It is not simply an ideological movement, [but] evil, terrible people.”
“The idea that they would ever be allowed to continue, to have arms, to be militarized, and to control territory anywhere in the world, is unfathomable,” he said.
Rubio added that he was heartbroken for the families [of the returned bodies of hostages] and that while “you can’t be happy that remains are returned, it’s very important to these families, from a religious standpoint, it’s a sacred thing [to be able to bury a body].”
When asked about the success of Israel’s stated aim of destroying Hamas, Rubio said he couldn’t discuss intelligence, but he could say that Hamas is now weaker than they once were.
However, he added that the terror group “clearly have enough people to put on these shows, they clearly have enough people to be a threat at some level, but they can’t be allowed to reconstitute.”
The future of Gaza
“Hamas cannot be allowed to once again be a group that can do three things: terrorize the people of Gaza; attack Israel; and actually be a government or anything like a government anywhere in the world,” he said.
“As long as Hamas is in Gaza, there will never be peace in Gaza because they are going to go back to attacking Israel, and Israel is going to have to respond.” Rubio continued.
“I just ask everybody, if a group like that was operating on the other side of our border with Canada or Mexico, constantly launching attacks, if a group existed in Mexico that came across our border, kidnapped Americans, babies, and launched rockets, we would eliminate them, we would wipe them out, and no country in the world can coexist alongside a group whose intended purpose is the destruction of our state, and is willing to commit atrocities like this,” Rubio said.
“It’s in the best interest of everyone, including Palestinians, to get rid of Hamas because Hamas terrorizes them too. They hide behind these people,” he added.
end
IRAN//GR BRITAIN
WE must get rid of this rogue state
(zerohedge)
British Couple Traveling Round The World Charged With Espionage In Iran
Friday, Feb 21, 2025 – 05:00 AM
Authored by Chris Summers via The Epoch Times (emphasis ours),
A British husband couple who were on a motorcycle journey around the world while arrested last month have been charged with espionage in Iran.
An Iranian judiciary spokesman, Asghar Jahangir, told the Mizan news agency in Tehran on Tuesday the couple had “collected information” in several parts of the country while posing as tourists.
Lindsay Foreman, a motivational speaker, and her husband Craig Foreman were heading for Australia and crossed into Iran from Armenia on Dec. 30, according to their social media posts.
They were detained by Revolutionary Guards in the city of Kerman, 300 miles southeast of Tehran, late last month.
Jahangir said the Foremans were detained, “during a series of coordinated intelligence operations and while collecting information in Kerman city.”
The couple, who are believed to be in their 50s, are accused of having links to intelligence agencies of “hostile countries.”
A British Foreign Office spokesman said: “We are deeply concerned by reports that two British nationals have been charged with espionage in Iran. We continue to raise this case directly with the Iranian authorities.”
“We are providing them with consular assistance and remain in close contact with their family members,” he added.
The Foreign Office (FCDO), on its website, advises against all travel to Iran.
The guidance warns travel insurance will probably be invalidated in Iran and says, “Having a British passport or connections to the UK can be reason enough for the Iranian authorities to detain you.”
In a post on her Facebook page on Dec. 30, Lindsay Foreman said, “Despite the advice of friends, family, and the FCDO (which strongly advises against travel to Iran for British nationals), we’ve chosen to keep moving forward.”
‘Aware of the Risks’
“Yes, we’re aware of the risks,” she wrote. “But we also know the rewards of meeting incredible people, hearing their stories, and seeing the breathtaking landscapes of these regions could far outweigh the fear.”
On Jan. 3, she posted another message on Facebook, which said: “Travel continues to teach me that humanity’s core is shared: kindness, humility, and respect for one another. Sometimes, it’s the quietest moments that leave the loudest impressions.”
After that the Facebook page activity stopped, although it is not clear when the couple were detained.
The Foremans, who described their journey as “PP (positive people) K2K (knee-to-knee) motorbiking around the world” had also posted regularly on YouTube about their travels.
Last month they posted a video from the city of Tabriz in north-west Iran, in which Lindsay Foreman said: “I feel content. I’m in Iran, having an amazing time.”
An Iranian tourist guide who appeared to be hosting the couple, said on the video, “Please don’t listen to media, come and discover Iran.”
Lindsay Foreman was carrying out a research project, asking people what constitutes a “good life,” and was due to present her findings at a conference on positive psychology in Brisbane in July.
Iran has a track record of detaining foreign nationals and accusing them of espionage, often releasing them in exchange for Iranians captured abroad, or other diplomatic rewards.
In March 2022, Nazanin Zaghari-Ratcliffe and Anoosheh Ashoori, dual British-Iranian citizens, were released after being detained for several years in Iran.
In exchange for their release, Britain paid Iran a £40 million ($50.3 million) debt dating from the rule of the Shah of Iran in the 1970s.
The UK government accepted it should pay the “legitimate debt” for an order of 1,500 Chieftain tanks, which was not fulfilled after the shah was deposed and replaced by the Islamic regime.
Last month Iran released an Italian journalist, Cecilia Sala, who had been detained for a month, in exchange for Iranian businessman Mohammad Abedini, 38, was arrested at Milan Malpensa Airport on a U.S. warrant for allegedly supplying drone parts that Washington said were used in a 2024 attack that killed three U.S. soldiers in Jordan.
The Associated Press and PA Media contributed to this report.
ISRAEL VS LEBANON
ISRAEL AND WEST BANK
LEBANON
ISRAEL/SYRIA
ISRAEL/SYRIA
RUSSIA VS UKRAINE
6.GLOBAL ISSUES//COVID ISSUES/VACCINE ISSUES/HEALTH ISSUES
MARK CRISPIN MILLER
Rep. John Larson (D-CT) freezes mid-speech on House floor, spouts gibberish; Britta Haßelmann, Greens co-leader, collapses during Bundestag vote; MP Narayan Dutta Bhatt collapses at National Assembly
Contrary to what you may think, they’re killing off the politicians along with everybody else
| Mark Crispin MillerFeb 20∙Preview |
Some of my readers have suggested that “no politicians” have dropped dead, keeled over, or succumbed to some “rare” cancer since this nightmare began, suggesting that the pols comprise a privileged caste whose members seemed only to have taken the “vaccine,” but in fact merely faked it. In other words, to quote George Carlin, “it’s a big club—and you ain’t in it.”
While it’s always prudent to be skeptical, such knowingness (it’s not quite skepticism, which is more sophisticated) is, in its way, as unwise as believing everything you read, watch and/or hear; because that club is rally not so big, excluding lots of stars, political and otherwise, whom you’d think would be injected only with saline, but who were jabbed, evidently, and thereby killed or incapacitated.
For example, there are all those politicians whom I named in my post on RFK’s Senate “hearings”:
Among the legislators, or their loved ones, who may be disabled, or dead, because of those “life-saving” shots (administered in 2021) are Rep. Jamie Raskin (D-MD), diagnosed with lymphoma in late 2022; Sen. John Fetterman (D-PA), who suffered an ischemic stroke in May of 2022 (and then was diagnosed with “COVID” last July); Sen. Mitch McConnell (R-KY), who twice froze up eerily before the cameras, for 30 seconds, in 2023, and recently was spotted using a wheelchair after twice falling on the Senate stairs; House Majority Leader Steve Scalise (R-LA), who was diagnosed with Multiple Myeloma in August, 2023; Dianne Feinstein (D-CA), who, in her final years, was visibly stricken with a range of ailments—shingles, encephalitis, Ramsay Hunt Syndrome—each recognized as an “adverse event” often following COVID “vaccination,” finally passed away in late September, 2023, no cause of death reported; Rep. Derrick Van Orden (R-WI), who, in August of 2023, announced the death of his eldest daughter, Tuesday, “after a year of battling a very aggressive form of cancer,” as Van Orden put it; and—to note a fatal “vaccine” injury other than disease—in August of 2022, Rep. Jackie Walorski (R-IN) perished, with two staffers, in a car crash suggesting that the driver of her SUV had passed out at the wheel (an all-too-common sort of “vaccident” since 2020): “Investigators determined that the SUV driven by Zachery Potts, 27, of Mishawaka, Indiana, crossed the centerline for unknown reasons in a rural area near the town of Wakarusa,” AP reported at the time.
And now (below) we have Rep. John Larson (D-CT), caught on video snapping into slo-mo at the podium as he tried to finish talking about Social Security. Of course, it could be mere coincidence that Larson, proudly jabbed, now suddenly was doing his Mitch McConnell imitation, that worthy having likewise blanked outlast summer, and then, twice, on the Senate stairs two weeks ago (since which “episode” he’s been using a wheelchair). That could be a coincidence; but it’s probably not, any more than the ongoing global plague of “rare” cancers, heart conditions and untimely deaths since 2020 could be coincidental.
So how do we know when some bigwig is getting jabbed for real, and when s/he’s feigning that injection?…
SLAY NEWS
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| LATEST REPORTS FOR NEWS JUNKIESRevealed: The Woke Nonprofits Tied to USAID, Soros and BidenThe U.S. Agency for International Development wasn’t just spending your hard-earned tax dollars on transgender operas overseas—USAID also has troubling connections with the leftist pressure groups that infiltrated and advised the Biden administration.The American people should understand just how connected the woke enterprise is to the federal bureaucracy, and USAID provides a powerful example of those ties.What Is USAID?While the …READ THE FULL REPORTWatch: NFL Punter Arrested After Explosive Anti-MAGA RantFormer NFL punter Chris Kluwe was arrested Tuesday at a city council meeting in Huntington Beach, California, for protesting a plaque on display at the public library through “peaceful civil disobedience.”Kluwe, 43, and other residents were on hand to protest a plaque at the library they viewed as a “propaganda statement” because of its references to the Make America Great …READ THE FULL REPORT– Sean Duffy NIXES congestion pricing in New York City in major blow to Gov HochulTransportation Secretary Sean Duffy just nixed the congestion pricing in New York City in what is said to be a major blow to Governor Hochul. The congestion pricing was charging $9 for people entering Manhattan at a certain area. Here’s more from the New York Post: Congestion pricing, we hardly knew ye. New York City’s spectacularly unpopular congestion pricing scheme …READ THE FULL REPORTTrans Male Wins Women’s Event Days After State Refused to Enforce Trump’s RuleA transgender-identifying boy took first place in women’s pole vaulting at Maine’s Class B state championship on Monday, days after the state declared it would not enforce President Trump’s executive order banning males from female sports at public schools.The victory by a boy in the female event helped Greely High School girls’ track and field team clinch the championship by …READ THE FULL REPORTNicole Kidman and Keith Urban Become Latest Celebrities Hit by LA CrimeNicole Kidman and her husband country singer Keith Urban have become the latest celebrities hit by crime in Los Angeles when their home was reportedly recently burglarized.A source told the New York Post that the 57-year-old actress and Urban were not in their million dollar Beverly Hills home when an intruder was stopped by a member of the couple’s house …READ THE FULL REPORT |
DR PAUL ALEXANDER
Yes I agree we MUST move to FEDERAL workforce based on MERITOCRACY but that goes also for political appointments & cabinet appointments; if Papa KING POTUS Trump cuts a cheque for all Americans
from all the DOGE found money by BIG BALLS, then that will be a forever political shift for Americans to ACTUALLY get BACK money, Trump will be KING FOREVER! Did DEI cause Delta Toronto plane crash?
| Dr. Paul AlexanderFeb 20 |
Cut that cheque PAPA Trump, give us back our monies you recover via DOGE and if you did that, you be DA KING forever and if you also stopped all mRNA now, then for sure Rushmore for you!
We await!
Gender should play no role in the crew but seems this airline went out of its way for only female. Questions are being raised as to the Delta Toronto plane crash whereby the airline is owned, ran by Endeavor…reporting is that it is an airline of only female pilots, crew etc. vis UNMANNED flights. I am reading to get more information to verify. If only female pilots that does not mean they are not as qualified as male pilots…look, lots posted on internet, and some are saying this female working part-time in sports league who crashed the golf cart was one of the female pilots…??? I do not know…
Spitfire on X: “@EndWokeness Nuff said…. https://t.co/0CluFnqa1o” / X
but we also see that the Malone et al. mRNA shots affect females as much as males causing myocardial lesions in some sense MORE than for males. see Mueller et al. below.
MICHAEL EVERY/PHIL MAREY/OR OTHER EXECS //RABOBANK
7.OIL AND NATURAL GAS ISSUES/GLOBAL/ENERGY/COAL
Another Undersea Fiber Optic Cable Damaged In Baltic Sea As Incidents Pile Up
Friday, Feb 21, 2025 – 07:45 AM
A new subsea data cable incident occurred in the Baltic Sea on Thursday, raising concerns about the vulnerability of underwater infrastructure in the heavily trafficked shipping lane. The incident adds to increasing fears of potential sabotage in the region.
Mattias Lindholm, a spokesman for the Swedish Coast Guard, told The New York Times that the C-Lion1 Finland-Germany fiber line was damaged off the Swedish island of Gotland in the Baltic Sea. He provided no details on when the damage occurred or what caused it.
Prime Minister Ulf Kristersson of Sweden said that his government took “all reports of possible damage to infrastructure in the Baltic Sea very seriously.”
Finnish networking company Cinia, which operates the high-speed fiber line, told Bloomberg that the connection between Finland and Germany remains uninterrupted. However, they noted there appears to be a “scratch” on the line but provided no further details.
What is clear is that the cable was not completely severed, unlike previous incidents in recent years.
Between November and January, there were three incidents of damaged undersea cables in the Baltic Sea – from data cables to power cables…
“It’s a great concern to see the number of incidents over recent months in our critical undersea infrastructure,” Henna Virkkunen, executive vice president of the European Commission for tech sovereignty and security, told reporters in Helsinki, adding, “These incidents have the potential to disrupt vital services to our society, such as connectivity and electricity transmission, and also carry a significant security risk.”
However, a Washington Post article last month citing anonymous officials said these cable incidents were likely caused by negligence rather than sabotage. Sure.
8. EMERGING MARKETS//AUSTRALIA NEW ZEALAND ISSUES//
YOUR EARLY CURRENCY/GOLD AND SILVER PRICING/ASIAN CLOSING MARKETS AND EUROPEAN BOURSE OPENING AND CLOSING/ INTEREST RATE SETTINGS THURSDAY MORNING 6;30AM//OPENING AND CLOSING
EURO VS USA DOLLAR: 1.0468 DOWN 33 BASIS PTS
USA/ YEN 150.747 UP 0.987 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 1.2647 DOWN 0.0022 OR 22 PTS
USA/CAN DOLLAR: 1.4200 UP 0.0024(CDN DOLLAR DOWN 24 BASIS PTS)
Last night Shanghai COMPOSITE CLOSED UP 28,33 PTS OR 0.35%
Hang Seng CLOSED UP 900.94 PTS OR 3.99%
AUSTRALIA CLOSED DOWN 0.36%
// EUROPEAN BOURSE: ALL MIXED
Trading from Europe and ASIA
I) EUROPEAN BOURSES: ALL MIXED
2/ CHINESE BOURSES / :Hang SENG CLOSED UP 900.95 PTS OR 3.99%
/SHANGHAI CLOSED UP 28.33PTS OR 0.85%
AUSTRALIA BOURSE CLOSED DOWN 0.36%
(Nikkei (Japan) CLOSED UP 98.90 TS OR 0.26%
INDIA’S SENSEX IN THE RED
Gold very early morning trading: 2929.10
silver:$32.80
USA dollar index early THURSDAY morning: 106.58 UP 32 BASIS POINTS FROM WEDNESDAY’s CLOSE.
WEDNESDAY MORNING NUMBERS ENDS
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And now your closing THURSDAY NUMBERS 1: 30 AM
Portuguese 10 year bond yield: 3.000% DOWN 6 in basis point(s) yield
JAPANESE BOND YIELD: +1.411% DOWN 3 FULL POINTS AND 0/100 BASIS POINTS /JAPAN losing control of its yield curve/
SPANISH 10 YR BOND YIELD: 3.160 DOWN 5 in basis points yield
ITALIAN 10 YR BOND YIELD 3.576DOWN 5 points in basis points yield ./ THE ECB IS QE’ ING ITALIAN BONDS (BUYING ITALIAN BONDS/SELLING GERMAN BUNDS)
GERMAN 10 YR BOND YIELD: 2.4885 DOWN 6 BASIS PTS
IMPORTANT CURRENCY CLOSES : MID DAY THURSDAY
Closing currency crosses for day /USA DOLLAR INDEX/USA 10 YR BOND YIELD/1:00 PM
Euro/USA 1.0471 DOWN .0030 OR 30 basis points
USA/Japan: 150.40 UP 0.926 OR YEN IS DOWN 93 BASIS PTS//
Great Britain 10 YR RATE 4.665 DOWN 1 BASIS POINTS //
Canadian dollar UP .0007 OR 7 BASIS pts to 1.4182
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The USA/Yuan, CNY ON SHORE CLOSED UP AT 7.2520 ON SHORE)..CHINA MUST DEVALUE TO GOLD
THE USA/YUAN OFFSHORE: (YUAN CLOSED (UP)…. (7.2543
TURKISH LIRA: 36.341EXTREMELY DANGEROUS LEVEL/DEATH WATCH/HYPERINFLATION TO BEGIN.//
the 10 yr Japanese bond yield at +1.411
Your closing 10 yr US bond yield DOWN 1 in basis points from THURSDAY at 4.491% //trading well ABOVE the resistance level of 2.27-2.32%)
USA 30 yr bond yield 4.726DOWN 1 in basis points /11:00 AM
USA 2 YR BOND YIELD: 4.266 DOWN 10BASIS PTS.
GOLD AT 11;00 AM 2928.90
SILVER AT 11;00: 32..84
Your 11:00 AM bourses for Europe and the Dow along with the USA dollar index closing and interest rates: WEDNESDAY CLOSING TIME 11:00 AM//
London: CLOSED DOWN 3.60pts or 0.04%
German Dax : DOWN 27.09 pts or 0.12%
Paris CAC CLOSED UP 31.93s or 0.39%
Spain IBEX CLOSED DOWN 15.10 PTS OR 0.12%
Italian MIB: CLOSED DOWN 172,02PTS OR 0.45%
WTI Oil price 72.03 11 EST/
Brent Oil: 76.12 11:00 EST
USA /RUSSIAN ROUBLE /// AT: 89.04 ROUBLE DOWN 0AND 37 100
GERMAN 10 YR BOND YIELD; +2.4885 DOWN 6 BASIS PTS.
UK 10 YR YIELD: 4.6665 DOWN 1 BASIS POINTS
CDN 10 YEAR RATE: 3.215 DOWN 1 BASIS PTS.
CDN 5 YEAR RATE: 2.911 DOWN 1 BASIS PTS
CLOSING NUMBERS: 4 PM
Euro vs USA 1.0459 DOWN 0.0041 OR 41 BASIS POINTS//HEADING TO PARITY WITH THE DOLLAR
British Pound: 1.2629 DOWN .0040 OR 40 basis pts/HEADING FOR PARITY /USA
BRITISH 10 YR GILT BOND YIELD: 4.5715DOWN 3 BASIS PTS//
JAPAN 10 YR YIELD: 1.414
USA dollar vs Japanese Yen: 149.147 DOWN 0.336 BASIS PTS// HEADING FOR 160 TO THE DOLLAR
USA dollar vs Canadian dollar: 1.4229 UP 0.0054 BASIS PTS CDN DOLLAR DOWN 54 BASIS PTS
West Texas intermediate oil: 70,22
Brent OIL: 74.22
USA 10 yr bond yield DOWN 2 BASIS pts to 4.426
USA 30 yr bond yield DOWN 6 BASIS PTS to 4.674%
USA 2 YR BOND: DOWN 8 PTS AT 4.202
CDN 10 YR RATE 3.126 DOWN 12 BASIS PTS
CDN 5 YEAR RATE: 2.823 DOWN 10 BASIS PTS
USA dollar index: 106.55 UP 28 BASIS POINTS
USA DOLLAR VS TURKISH LIRA: 36.44 GETTING QUITE CLOSE TO BLOWING UP/
USA DOLLAR VS RUSSIA//// ROUBLE: 88,50 UP 0 AND 17/100 roubles
GOLD 2935,70(3:30 PM)
SILVER: 32.51 :30 PM)
DOW JONES INDUSTRIAL AVERAGE: DOWN 748.63TS OR 1.69%
NASDAQ 100 DOWN 453,98 PTS OR 2.06%
VOLATILITY INDEX: 18.21 UP 2.55PTS OR 16,28%
GLD: $ 270.74OR DOWN0.25 PTS OR 0.09%
SLV/ $29.59PTS OR DOWN0.36OR 1.20%
TORONTO STOCK INDEX// TSX INDEX: CLOSED DOWN 367,05 OR 1,44%
end
TRADING today ZEROHEDGE/
end
ZEROHEDGE/HEADLINE CLOSING MARKETS
Dollar & Stocks Dumped, Bitcoin Pumped, Gold Stumped As LEI Hits 9-Year-Lows
USA DATA
USA ECONOMIC NEWS
Federal Judge Allows Trump Admin To Continue Mass Layoffs Of Federal Workers
Thursday, Feb 20, 2025 – 08:05 PM
Authored by Stacy Robinson via The Epoch Times (emphasis ours),
A federal judge on Feb. 20 declined to block for now downsizing efforts by the Trump administration, including mass firings and buyout programs.
“Federal district judges are duty-bound to decide legal issues based on even-handed application of law and precedent—no matter the identity of the litigants or, regrettably at times, the consequences of their rulings for average people,” U.S. District Judge Christopher Cooper wrote in his ruling.
Unions representing hundreds of thousands of federal workers had filed a lawsuit against President Donald Trump and the heads of several government agencies, saying they were overstepping the executive branch’s authority.
.xcom/EricM_Katz/status/1892690100544287080
The unions also said slashing the size of federal agencies would result in “irreparable harm” because of lower union dues revenue and a loss in bargaining power.
They asked the court to declare the federal program unlawful and to halt the administration from implementing another similar program.
The buyout, or deferred resignation, offer, which ended on Feb. 12, was offered to more than 2 million government employees by the Office of Personnel Management (OPM) to hasten Trump’s plan to shrink the federal workforce.
OPM offered workers full pay and benefits until Sept. 30 in exchange for voluntary resignation and warned that “the majority of federal agencies are likely to be downsized through restructurings, realignments, and reductions in force.”
KING NEWS
| he King Report February 21, 2025 Issue 7435 | Independent View of the News |
| The Nikkei sank 1.24% because the dollar/yen went from 151.50 to 149.96. This pushed ESHs to moderate losses until they rallied after the European opening. After rallying from 6142.24 at the 3 ET European opening to 6155.00 at 5:08 ET, ESHs eased lower until they tanked at 9:41 ET. Walmart Q4 EPS .66, .65 expected. Q1 guidance: $2.50 to $2.60; $2.77 consensus; Q1 EPS .57 to .58; 65 expected; Sales growth 3-4%, (was 5% Q4); Walmart tumbled as much as 8% in pre-NYSE trading. ESHs ignored Walmart’s dismal Q1 guidance and its pre-NYSE trading tumble. However, after the NYSE opening, trader sentiment changed. The DJIA was -1.0% (-460.31) by 10:08 ET. After hitting a daily low of 6102.75 at 9:59 ET, conditioned early dip buyers aggressively bought. ESHs jumped to 6128.00 at 10:30 ET. Alas, sellers returned, possibly because the yen/$ went to 149.47. Chicago Fed President and Obama BFF Austen Goolsbee: January PCE Inflation, Data Likely Not as Sobering as CPI – BBG 10:17 ET Goolsbee: If Tariffs Raise Prices, Fed Has to Think about It – BBG 10:24 ET Goolsbee: Labor Market Looks Like Stable Full Employment to Me – BBG 10:27 ET (To a Keynesian, ‘stable full employment’ means no rate cuts.) Goolsbee: If Big Deportations, Direct Impact on Jobs Created – BBG 10:52 ET ESHs hit 6103.50 at 10:59 ET and bounced after Atlanta Fed President Bostic said he still sees two rate cuts in 2025. Bostic, like fellow liberal Goolsbee, whined that deportations could cut the labor supply. Bostic Emphasizes Uncertainty over His Outlook for 2025 – BBG 11:00 ET Bostic: Firms Say Decline in Workers Could Cause Disruptions (Liberal whining about DJT’s deportations; more politics from the self-professed apolitical Fed!) – BBG 11:00 ET ESHs bottom bumped until a Noon Balloon materialized. ESHs hit 6123.75 at 12:44 ET. After an A-B-C retreat to 6109.00 at 13:25 ET, the afternoon rally commenced. ESHs relentlessly zigzagged higher, hitting 6139.75 at 15:50 ET. ESHs eased down to 6133.50 at the NYSE close. Thursday’s King Report: Someone is trying to break out stocks to the upside and reverse the topping formations… all they have been able to do is make labored minor new highs. Ergo, stocks must now surge, or gravity will work its surly bonds on equities. Today and Friday will be important sessions. @cspan: President Trump on Air Force One: “We’re going to go to Fort Knox, the fabled Fort Knox, to make sure the gold is there. If the gold isn’t there, we’re going to be very upset.” https://x.com/cspan/status/1892426998221279378 Positive aspects of previous session USHs rallied modestly. Stocks rallied in the afternoon, again. Negative aspects of previous session US and Japanese stocks declined sharply; the strengthening yen is a factor. Fangs and big-bank stocks got hammered. Ambiguous aspects of previous session Is another yen carry trade unwind developing? Was the manipulation to game the VIX Fix on Tuesday & Wed. for Feb expiry bulls last gasp? First Hour/Last Hour Action [S&P 500 Index]: 1st Hour from NYSE Open: Down; Last Hour: Up Pivot Point for S&P 500 Index [above/below indicates daily trend to traders]: 6112.20 Previous session S&P 500 Index High/Low: 6134.50; 6084.59 Trump launches ‘Operation Whirlwind’ probe into potential threats by Democrats against Elon Musk – Those being targeted with ‘letters of inquiry’ already include Senator Chuck Schumer… https://t.co/VVYLottpl6 @AnnCoulter: EPA gave $2 billion to an organization linked to Stacey Abrams, formed only a few months earlier with only $100 in revenue. DOGE Finds $2 Billion in Taxpayer Funds Earmarked for Stacey Abrams-Linked Group EPA chief Lee Zeldin says revelation ‘extremely concerning’ https://t.co/8H6vqp0UyR @lsferguson: In one of the two Senate funding bills, Lindsey Graham wants to fund the war in Ukraine until 2030! On November 5, did we, or did we not, vote for not one more dollar for Ukraine? Kentucky Sen. Mitch McConnell, former GOP majority leader, will not seek 2026 reelection “… My current term in the Senate will be my last.”… https://justthenews.com/government/congress/sen-mitch-mcconnell-will-not-seek-re-election-2026 @Sassafrass_84: Robert Santos, former director of the United States Census Bureau has resigned. Was he actually counting illegals as citizens? Was he allowing new areas to be added for voting districts? Was he changing things up so they can get more electoral votes in very high liberal states? Seems it may have happened in California and NY this year. Just interesting to see all these heads of directors of departments (major departments such as social security and now Census Bureau) resigning. Makes ya wonder what are they hiding? Trump envoy pulls out of joint presser with Zelensky, Ukraine says Zelensky welcomed retired Gen. Keith Kellogg to the Ukrainian presidential palace for a meeting, but the two would not hold a press conference, the Ukrainian president’s spokesperson Serhii Nikiforov told The Associated Press. Nikiforov said the cancellation was in accordance with U.S. wishes… https://thehill.com/policy/international/5155168-trump-envoy-zelensky-press-conference-cancelled/ On a 51-49 vote (DJT-hating GOP Senators Murkowski & Collins voted nay), the Senate confirmed Kash Patel as FBI Director. Now it gets real for beaucoup members of the Deep State and their odious minions. @charliekirk11: There’s a very obvious reason why Adam Schiff is panicking outside the FBI building this morning… Kash Patel: “Adam Schiff is the worst criminal in Congress in the last 250 years.” Fed Balance Sheet: -$31.181B, Treasuries -$14.731B, Accrued Int -$16.03B; Reserves at Fed:+$50.055B Today – As noted above and in recent missives, bulls have been trying to break major US equity indices out of topping formations that have formed since December. We opined that stocks must surge higher and negate the topping formations or stocks will sink. We also asserted that Thursday and Friday’s session would be important. Thursday’s session was a clear rejection of an upside breakout. Bulls will try to utilize the Friday Rally to keep downside momentum from developing further. If stocks fall below their Thursday’s lows, look out below! NB: Once again, equities declined significantly in the morning but rallied in the afternoon on light volume. ESHs are -1.50; NQHs are +3.00; and USHs are -4/32 at 20:15 ET. Expected economic data: Feb S&P Global US Mfg. PMI 51.3, Services 53, Composite 53.2; Feb UM Sentiment 67.8, 1-year Inflation 4.3%, 5-10-year Inflation 3.3%; Jan Existing Home Sales 4.13m; SF Fed Pres Daly and Fed VCEO Jefferson 11:30 ET S&P Index 50-day MA: 6011; 100-day MA: 5939; 150-day MA: 5800; 200-day MA: 5697 DJIA 50-day MA: 43,7539; 100-day MA: 43,447; 150-day MA: 42,533; 200-day MA: 41,702 (Green is positive slope; Red is negative slope) S&P 500 Index (6117.52 close) – BBG trading model Trender and MACD for key time frames Monthly: Trender and MACD are positive – a close below 5382.09 triggers a sell signal Weekly: Trender is positive; MACD is negative – a close below 5745.10 triggers a sell signal Daily: Trender and MACD are positive – a close below 6010.20 triggers a sell signal Hourly: Trender and MACD are negative – a close above 6147.27 triggers a buy signal Biden Gave 53 Researchers, Student Volunteers Access to IRS Data https://t.co/fLIXtaCL1u @joma_gc: According to a source familiar with the matter, influential South Carolina Democrat Rep. Jim Clyburn is encouraging Jasmine Crockett to pursue the Democratic Party’s presidential nomination in 2028. Clyburn’s endorsement was pivotal in helping Biden turn around a failing campaign and secure the 2020 Democratic nomination. (This would destroy Dems. Crockett is a radical leftist!) Now we know why Dem Rep. Crockett has been on regime media so much over the past few weeks! Dershowitz suing JFK’s grandson Jack Schlossberg for defamation over ‘wife killer’ claim https://trib.al/sN6Yno8 | |
SWAMP STORIES
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