APRIL 20 WORK IN PROGRESS

there will be a deal as Trump has checkmated them. There is no money coming into Iran and they are desperate

ignore Iranian noise!1

..

EXCHANGE: COMEX
CONTRACT: APRIL 2026 COMEX 100 GOLD FUTURES
SETTLEMENT: 4,857.600000000 USD
INTENT DATE: 04/17/2026 DELIVERY DATE: 04/21/2026
FIRM ORG FIRM NAME ISSUED STOPPED


323 C HSBC 17
323 H HSBC 135
363 H WELLS FARGO SECURITI 443
555 C BNP PARIBAS SEC CORP 500
624 H BOFA SECURITIES 511
661 C JP MORGAN SECURITIES 699 3
905 C ADM 24


TOTAL: 1,166 1,166
MONTH TO DATE: 19,974




JPMORGAN STOPPED 3/1166

APRIL 20

APRIL COMEX MONTH

FOR APRIL 17

XXXXXXXXXXXXXXXXXX

END

THE CROOKS ARE STEALING GOLD AND SILVER FROM THE GLD/SLV AND REPLACING THE PHYSICAL WITH PAPER DOLLARS.

CLOSING INVENTORY RESTS AT:

Let us have a look at the data for today

SILVER COMEX OI ROSE BY A MEGA MEGA HUGE SIZED 2146 CONTRACTS TO 118,370 AND CONTINUING ON ITS MARCH TO THE RECORD HIGH OI OF 244,710, SET FEB 25/2020, AND THIS HUGE SIZED GAIN IN COMEX OI WAS ACCOMPLISHED WITH OUR GAIN OF $3.09 IN SILVER PRICING AT THE COMEX WITH RESPECT TO FRIDAY’S // TRADING. ON MARCH 23 WE REACHED AT OUR RECORD LOW OI OF 111,576 SURPASSING OUR PREVIOUS LOW OF 112,034 SET EARLIER IN THE MONTH OF MARCH/(2026).

NOW ON A NET BASIS OUR SPECULATORS HAVE REVERTED BACK TO GOING LONG. THE FRBNY ON A NET BASIS IS PROVIDING THE NECESSARY PAPER TO OUR LONGS ALONG WITH SOME BULLION BANKS AND THEN A HUGE NUMBERS OF LONGS ,OUR CENTRAL BANKERS, TAKE THE LONG SIDE AND TENDER FOR PHYSICAL AT 4 PM EACH NIGHT. BECAUSE OF THE HUGE SHORTFALL IN PHYSICAL SILVER IN LONDON THERE IS A LOTTERY TO SEE WHO GETS ANY OF THE PHYSICAL SILVER AVAILABLE THAT WHICH THEY ARE OBLIGATED TO DELIVER. THEY WAIT PATIENTLY FOR THEIR PHYSICAL METAL AND IF NOBODY GETS ANY THEY THEN COME BACK THE NEXT DAY AND SO ON. THIS IS IN LONDON, THE HOME OF PHYSICAL SILVER!!

IT WAS SOME OF OUR SILVER SPECULATORS THAT WERE BRUTALLY BEATEN UP AT THE SILVER COMEX THIS PAST MONTH AS YESTERDAY THEY GOT RINSED OUT BADLY WITH THE TRUMP CEASE FIRE/.HOWEVER, WE FINALLY ARE NOW MOVING TO A MUCH HIGHER BASE IN SILVER PRICING AT MAJOR SUPPORT LEVEL OF $70.00 EVEN THOUGH IT BROKE THROUGH IT TEMPORARILY LAST WEEK. SHORTLY WE WILL AGAIN ATTEMPT TO BREAK THE MAJOR 100 DOLLAR BARRIER. THE SHORT SPECULATORS WERE AGAIN LED BY OUR HIGH FREQUENCY TRADERS YESTERDAY AND THEY WERE BRUTALIZED WITH SILVER’S RISE.

WE HAVE A MEGA HUGE SIZED GAIN OF 2596 TOTAL CONTRACTS ON OUR TWO EXCHANGES AS THE CME NOTIFIED US OF A STRONG SIZED 450 CONTRACT EXCHANGE FOR PHYSICAL ISSUANCE.. WE HAD SOME LIQUIDATION OF T.A.S. CONTRACTS IN COMEX TRADING WITH RESPECT TO FRIDAY TRADING/// MONTHLY SPREADERS FINISHED ON MARCH 31.. WE HAD A MONSTER 17771 CONTRACT T.A.S. ISSUANCE!! / THEY DESPERATELY AGAIN TODAY TRYING TO CONTAIN SILVER’S PRICE RISE FOR THE PAST SEVERAL WEEKS (WHERE RAIDS ARE CALLED UPON AGAIN AND AGAIN TRYING TO STOP THE RISE IN SILVER’S PRICE TO ABOVE $100.00 AND TO QUELL ADDITIONAL DERIVATIVE LOSSES TO OUR BANKERS’ MASSIVE TOTALS). THEY FAILED ON THURSDAY WITH SILVER’S RISE IN PRICE

THE PRICE STILL FINISHED ABOVE THE MAGIC NUMBER OF $70.00 SILVER SPOT PRICE BUT STILL BELOW THE $100.00 MARK CLOSING AT $81.50 DOWN $3.09 WE ARE NOW WITNESSING HAVING MANY HUGE T.A.S ISSUANCES // TODAY’S WAS AT A HUGE SIZED 1777 T.A.S. CONTRACTS !!. THE CROOKS ARE BECOMING MORE DESPERATE TO STOP SILVER BREAKING ABOVE THE 100.00 DOLLAR MARK!! AND NOW THE HUGE SUPPORT LEVEL OF 70 DOLLARS!!.MAMMOTH SIZE T.A.S ISSUANCES ARE BECOMING THE NORM AT THE COMEX NOW!!

THERE IS NO NEXT LINE IN THE SAND ONCE THE 100.00 DOLLAR SILVER IS PIERCED AGAIN. WE HAD A STRONG SIZED 450 CONTRACT EXCHANGE FOR PHYSICAL ISSUANCE ACCOMPANIED BY OUR MEGA HUGE SIZED 1777 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 HAD A MEGA HUGE GAIN OF 2596 CONTRACTS ON OUR TWO EXCHANGES WITH OUR HUGE GAIN IN PRICE OF $3.09. WE HAD HUGE GOVERNMENT (FRBY) COMEX CONTRACTS TRADING ALL WEEK AND A MAJOR PORTION WILL BE REMOVED BY DAYS END. (I RECORD THIS FOR YOU ON A DAILY BASIS). THE STICKY SPECULATOR LONGS STILL REMAIN STOIC

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, THROUGHOUT MONTH. TOTAL TAS ISSUED ON FRIDAY NIGHT//SATURDAY MORNING: A MEGA HUGE SIZED 1777 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 FRBNY BANKERS).

THE PROBLEM OF COURSE IS THAT THE CROOKS DO NOT LIQUIDATE THE TAS AS ONE UNIT, BUT SELL THE SHORT SIDE FIRST AND THEN LIQUIDATE THE LONG 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 NOW ORDERED THE BANKS TO REDUCE ITS NEW LEVEL OF 1.1 TRILLION DOLLARS IN GOLD/SILVER DERIVATIVES.

THUS:

WE HAD:

/ HUGE COMEX OI GAIN+// STRONG SIZED 450 EFP ISSUANCE CONTRACTS (/ VI)  A HUGE NUMBER OF  T.A.S. CONTRACT ISSUANCE 1777 CONTRACTS

TOTAL CONTRACTS for 13 DAY(S), total  4518 contracts:   OR 22.590 MILLION OZ  (347 CONTRACTS PER DAY)

TOTAL EFP’S FOR THE MONTH SO FAR:  22.590 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

 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

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//

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

JANUARY 2025: 67.230 MILLION OZ///(THIS MONTH’S ISSUANCE OF EXCHANGE FOR PHYSICAL WILL BE SMALL)

FEB. 58.260 MILLION OZ//EXCHANGE FOR PHYSICAL ISSUANCE/FINAL

MARCH: 67.020 MILLION OZ///QUITE SMALL AND BECOMING SMALLER EACH AND EVERY MONTH.

APRIL: 100.895 MILLION OZ///AVERAGE SIZE ISSUANCE

NOVEMBER: 36.425 MILLION OZ

RESULT: WE HAD A HUGE SIZED INCREASE IN COMEX OI SILVER COMEX CONTRACTS OF 2146 CONTRACTS WITH OUR GAIN IN PRICE OF $3.09 IN SILVER PRICING AT THE COMEX// FRIDAY,.  THE CME NOTIFIED US THAT WE HAD A STRONG SIZED CONTRACT EFP ISSUANCE 450 CONTRACTS ISSUED FOR MAY, AND 0 CONTRACTS ISSUED FOR ALL OTHER MONTHS). WE HAD A 5 SIZED CONTRACT QUEUE JUMP FOR 25,000 OZ//STANDING ADVANCES TO 16.245 MILLION OZ//

WE FINISHED APRIL WITH A STRONG SILVER OZ STANDING OF  16.050 MILLION  OZ NORMAL DELIVERY , PLUS OUR 4.00 MILLION EX FOR RISK

DECEMBER: INITIAL AMOUNT STANDING FOR DELIVERY: 49.33 MILLION OZ// FOLLOWED BY ANOTHER STRONG 835,000OZ QUEUE JUMP+ DEC. FIRST EXCHANGE FOR RISK 0F .850 MILLION OZ + LAST WEEK.S 495,000 OZ EXCHANGE FOR RISK AND THEN A 3RD ISSUANCE IF 1.00MILLION OZ THEN FINALLY DEC 249ISSUANCE OF 1.35 MILLION OZ EXCHANGE FOR RISK//NEW TOTAL EX FOR RIS IS 3.685 MILLION OZ // STANDING ADVANCES TO 68.415 MILLION OZ//

MARCH: INITIAL AMOUNT OF SILVER STANDING IS 31.076 MILLION OZ FOLLOWED BY A FINAL 0.210 MILLION OZ QUEUE JUMP //NEW TOTAL STANDING ADVANCES TO 46.060 MILLION OZ

THE NEW TAS ISSUANCE FRIDAY NIGHT   (1777) WILL BE PUT INTO “THE BANK” TO BE COLLUSIVELY USED NO DOUBT WITH FUTURE TRADING!

IN GOLD, THE COMEX OPEN INTEREST ROSE BY A STRONG SIZED 13,813 OI CONTRACTS UP TO 376,269 ADVANCING FROM ITS ALL TIME LOW OF 354,581 OI AND CLOSER TO THE RECORD HIGH (SET JAN 24/2020) AT 799,105  AND PREVIOUS TO THAT: (SET JAN 6/2020) AT 797,110. WE HAVE NOW ADVANCED PAST THE PREVIOUS ALL TIME LOWS OF 357,136 SET APRIL 2/.2026. WE ARE STILL QUITE A WAY FROM OUR TWO DECADES OLD: 390,000 CONTRACTS LOW SET IN THE YEAR OF 2001 WITH TRADING FOR GOLD AT $260.00. THUS DURING EARLY APRIL WE HAD AN ALL TIME LOW OI IN COMEX (354,531) BUT WITH AN EXTREMELY HIGH PRICE OF GOLD. THE SHORT RATS ARE ABANDONING THE COMEX SHIP, NOBODY WANT TO PLAY IN THIS CROOKED CASINO!!

  1. MAY: SUMMARY FOR MAY TONNES WHICH STOOD FOR DELIVERY:

7.NOVEMBER BEGINS WITH 15.651 TONNES INITIALLY STANDING FOR DELIVERY FOLLOWED BY TODAY’S QUEUE JUMP OF 2.323 TONNES FOLLOWED BY ALL PREVIOUS QUEUE JUMPS IN OF OF 21.3775 TONNES TO WHICH WE ADD OUR TWO EXCHANGE FOR RISK ISSUANCE OF 4.5596 TONNES//NEW STANDING ADVANCES TO 43.9716 TONNES OF GOLD.

8. DECEMBER BEGINS WITH INITIAL STANDING OF 83.813 TONNES OF GOLD FOLLOWED BY TODAY’S 0.0TONNE QUEUE JUMP WHICH FOLLOWS ALL OTHER QUEUE JUMPS OF: 37.163 TONNES//NEW STANDING ADVANCES TO 115.390 TONNES TO WHICH WE ADD OUR 4 EXCHANGE FOR RISK FOR DECEMBER OF 6.587 TONNES/NEW STANDING ADVANCES TO 121.977 TONNES

THE CME RELEASED THE DATA FOR EFP ISSUANCE AND IT TOTALED A STRONG SIZED 3045 CONTRACTS:

WE HAD A STRONG SIZED ISSUANCE IN EXCHANGE FOR PHYSICALS CONTRACT(3045 ) ACCOMPANYING THE STRONG SIZED GAIN IN COMEX OI OF 13,813 CONTRACTS/TOTAL GAIN FOR OUR THE TWO EXCHANGES 16,868 CONTRACTS!!

WE HAVE 1) NOW REVERTED TO OUR NORMAL FORMAT OF BANKER (FRBNY) GOING ON THE SHORT SIDE AND SOME NEWBIE SPECULATORS GOING TO THE LONG SIDE//

STANDING FOR THE LAST 4 MONTHS JANUARY TO APRIL:

4)A STRONG SIZED COMEX OI GAIN 5)  V) STRONG SIZED ISSUANCE OF EXCHANGE FOR PHYSICAL GOLD (3045) AND A SMALL T.A.S. ISSUANCE (852) FOR RAID PURPOSES

TOTAL EFP CONTRACTS ISSUED: 18,522 CONTRACTS OR 1,852,200 OZ OR 57.611 TONNES IN 13 TRADING DAY(S) AND THUS AVERAGING: 1424 EFP CONTRACTS PER TRADING DAY

TO GIVE YOU AN IDEA AS TO THE  SIZE OF THESE EFP TRANSFERS :  THIS MONTH IN 13 TRADING DAY(S) IN  TONNES: 57.611 TONNES

TOTAL ANNUAL GOLD PRODUCTION, 2025, THROUGHOUT THE WORLD EX CHINA EX RUSSIA: 3555 TONNES

THUS EFP TRANSFERS REPRESENTS  57.611 TONNES DIVIDED BY 3550 x 100% TONNES = 1.63% OF GLOBAL ANNUAL PRODUCTION

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

MARCH:.   276.50 TONNES (STRONG AGAIN/

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

MAY:        250.15 TONNES  (NOW DRAMATICALLY INCREASING AGAIN)

JUNE:      247.54 TONNES (FINAL)

JULY:        188.73 TONNES FINAL

AUGUST:   217.89 TONNES FINAL ISSUANCE.

SEPT          142.12 TONNES FINAL ISSUANCE ( LOW ISSUANCE)_

OCT:           141.13 TONNES FINAL ISSUANCE (LOW ISSUANCE)

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

DEC.           175.62 TONNES//FINAL ISSUANCE//

JAN:2023   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

JAN 2024:    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//

2025: AND NOW 2026

JAN. 2025: 257.919 TONNES (ISSUANCE WILL BE PRETTY GOOD THIS MONTH BUT MUCH LOWER THAN LAST MONTH)

FEB: 207.21 TONNES//EX FOR PHYSICAL ISSUANCE (WILL BE A FAIR SIZED ISSUANCE THIS MONTH)

MARCH 130.84 TONNES//QUITE SMALL THIS MONTH.

APRIL; 208.57 TONNES. STRONG THIS MONTH

MAY: 113.499 TONNES OF GOLD EFP ISSUANCE//QUITE SMALL THIS MONTH

JUNE: 97.79 TONNES OF GOLD EFP ISSUANCE/EXTREMELY SMALL

NOV: 124.74 TONNES

HERE IS A BRIEF SYNOPSIS OF HOW THE CROOKS FLEECE UNSUSPECTING LONG

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 POSIT

1.TODAY WE HAD THE OPEN INTEREST AT THE COMEX IN SILVER ROSE BY A MEGA HUGE 2146 CONTRACTS TO AN OI OF 118,370.

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:

MAY 450 CONTRACTS and 0 ALL OTHER MONTHS: ZERO. TOTAL EFP ISSUANCE: 0 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 2146 CONTRACTS AND ADD TO THE 450 E.FP. ISSUED

WE OBTAIN A MEGA HUGE SIZED GAIN OF 2596 OI OPEN INTEREST CONTRACTS FROM OUR TWO EXCHANGES WITH OUR GAIN OF $3.09

THUS IN OUNCES, THE GAIN ON THE TWO EXCHANGES  TOTALS 12.980 MILLION PAPER OZ

SHANGHAI CLOSED DOWN 4.12 PTS OR 0.10%

HANG SENG CLOSED DOWN 279.76 PTS OR 1.06%

Nikkei CLOSED DOWN 279.76 PTS OR 1.06%

//Australia’s all ordinaries CLOSED UP 0.11%

//Chinese yuan (ONSHORE) CLOSED DOWN 6.8275

/ OFFSHORE CLOSED DOWN AT 6.8281 Oil UP TO 93.45 dollars per barrel for WTI and BRENT UP TO 98.56 Stocks in Europe OPENED ALL MOSTLY GREEN

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LET US BEGIN:

THE TOTAL COMEX GOLD OPEN INTEREST ROSE BY A HUGE 13,813 CONTRACTS UP TO AN OI OF 376,269 CONTRACTS (OI) , HAVING ADVANCED FROM OUR NEW LOW OI SET THIS MONTH AND SURPASSING THE PREVIOUS ALL TIME LOW IN OI OF 354,581 SET APRIL6/2026. PREVIOUS TO THAT THE ALL TIME LOW IN OI WAS 390,000 SET IN THE YEAR 2001 WHEN GOLD WAS TRADING $260.00. THE CME SHOULD BE PROUD OF THEMSELVES AS MANY HAVE ABANDONED THIS CROOKED ARENA!!THUS OUR NEW ALL TIME LOW OF COMEX OI HAS NOW BEEN SET AT 354,581 WITH GOLD AT AN EXTREMELY HIGH $4,700.00 WHICH MAKES ABSOLUTELY NO SENSE!!!

WE HAD NO T.A.S. LIQUIDATION DURING FRIDAY’S TRADING. IT SEEMS THAT THE SPECULATORS CONTINUED AGAIN TO GO MASSIVELY ON THE LONG SIDE WITH THE BANKERS TAKING THE SHORT SIDE, SUPPLYING THE NECESSARY PAPER, AS WELL AS COVERING THEIR SHORTFALL. THERE ARE ALSO SOME SPECULATORS WHO CONTINUALLY GO TO THE SHORT SIDE AND THEY WILL BE ANNHILATED ON CENTRAL BANK COMMAND!!

CENTRAL BANKS ALSO TENDERED THEIR NEW LONG CONTRACTS AT THE END OF THE DAY FOR PHYSICAL GOLD. YOU CAN VISUALIZE THIS WITH THE MASSIVE AMOUNT OF GOLD STANDING AT THE COMEX FOR THIS APRIL CONTRACT MONTH!!

THE HUGE SIZED GAIN ON OUR TWO EXCHANGES OCCURRED WITH OUR GAIN IN PRICE IN GOLD.

THEN WE WERE NOTIFIED TODAY OF A ZERO CONTRACT EXCHANGE FOR RISK ISSUANCE IN GOLD CONTRACTS FOR 0 OZ OR 0.0 TONNES OF GOLD.

DURING THE MIDDLE OF THE FEBRUARY CONTRACT MONTH, WE HAD TWO IDENTICAL MONSTER 3,000 CONTRACT ISSUED FOR THE SAME 9.33 TONNES OF GOLD, AND THESE WERE THE HIGHEST EVER IN TONNAGE EVER ISSUED BY THE COMEX. ALTOGETHER THE TOTAL ISSUANCE FOR FEB TOTALLED SIX.(31.251 TONNES).

THURSDAY MARCH 17 WE RECEIVED ITS INITIAL 2000 CONTRACT EXCHANGE FOR RISK ISSUANCE FOR 6.22 TONNES. LAST FRIDAY: 0 ISSUANCE OF EXCHANGE FOR RISK. BUT ON MONDAY MARCH 23 WE RECEIVED NOTICE OF OUR SECOND EXCHANGE FOR RISK ISSUANCE FOR 2,200 CONTRACTS (220,000 OZ OR 6.843 TONNES) AND NOW FRIDAY WITH A MONSTER 2996 CONTRACTS FOR 9.3138 TONNES. THESE THREE ISSUANCES WILL NOW BE ADDED TO THE REGULAR AMOUNT OF GOLD STANDING, I.E. 22.3818 TONNES TO OUR NORMAL GOLD STANDING TO GIVE US WHAT WILL STAND FOR PHYSICAL GOLD FOR MARCH!

APRIL;: 0 EXCHANGE FOR RISK FOR FAR.

IN DECEMBER WE HAVE RECORDED 5 ISSUANCES OF EXCHANGE FOR RISK/4 FOR DEC AND THE LAST ONE ON DEC 31 FOR JANUARY. WE NOW HAVE 3 CHOICES FOR THE RECIPIENT OF THIS ISSUANCE AND IT MUST BE A CENTRAL BANK. YOU WILL RECALL THAT THE BUYER ASSUMES THE RISK OF THAT DELIVERY. (THUS TOTAL EXCHANGE FOR RISK FOR THE MONTH OF DECEMBER IS 6.56 TONNES/4 OCCASIONS.

IN JANUARY THEY HAVE 6 TOTAL ISSUANCE : 3.446 TONNES EARLY, THEN JAN 9 ISSUANCE OF 9,331 TONNES AND THEN JAN 16: 0.1996 TONNES JAN 26: 1.499 TONNES, JAN 27: 3.160 AND FINALLY JAN 29: 4.659 TONNES TONNES//TOTAL EXCHANGE FOR RISK JANUARY 22.315 TONNES WHICH WAS ADDED TO OUR NORMAL DELVERIES.

FEB EXCHANGE FOR RISK: NOW 6 ISSUANCES: 10,080 CONTRACTS FOR 1,008,000 OZ OR 31.251 TONNES!

HERE ARE THE CHOICES FOR THE RECIPIENT OF THOSE ISSUANCES:

1 THE CENTRAL BANK OF ENGLAND. BUT THEY RECEIVED CLEARANCE THAT THEIR GOLD IS BACK SO IT IS NOT LIKELY THAT THEY WOULD LIKE TO ADD TO THEIR RESERVES.

2. THE CENTRAL BANK OF THE USA: THE FED. LOGICAL CHOICE AS THEY CLAMOUR TRYING TO REDUCE THEIR 106+ TONNES OF SHORTAGE. HOWEVER THEY SEEM NOT TO BE IN A HURRY TO COVER THEIR HUGE SHORTFALL

3. THE CENTRAL BANK OF CHINA AS THEY BATTLE WITS WITH THE USA.

TOTAL EXCHANGE FOR RISK FOR DECEMBER IS 6.56 TONNES AND THIS WAS ADDED TO OUR NORMAL DELIVERY TOTALS..

THE JANUARY ISSUANCE OF 17.656 TONNES WAS ADDED TO OUR DAILY DELIVERY TOTALS!!

FEBRUARY ISSUANCES 6 FOR; 31.251 TONNES !! AND THIS WAS ADDED TO OUR DELIVERY TOTALS FOR THIS MONTH.

APRIL: 0 EXCHANGE FOR RISK SO FAR.

IN TOTAL WE HAD A HUGE SIZED GAIN ON OUR TWO EXCHANGES OF 16,858 CONTRACTS WITH OUR GAIN IN PRICE ($71.30). HOWEVER, OUR FRIENDLY PHYSICAL LONDON BOYS HAD ANOTHER FIELD DAY AGAIN THROUGHOUT THIS WEEK AS THEY WERE READY FOR THE FRBNY.S CONTINUED ORCHESTRATED ATTACKS VERY EARLY IN THE COMEX SESSIONS AS THEY TRIED TO ABSORB EVERYTHING IN SIGHT FROM THEIR DAILY ATTACKS. LONDONERS EXERCISED THEIR BOUGHT CONTRACTS FOR PHYSICAL GOLD VIA THE EXCHANGE FOR PHYSICAL ROUTE AND THANKED THE FRBNY AND OUR SHORT SPECULATORS FOR THE THOUGHTFULNESS. 

LONDON ANNOUNCED EARLY IN THE YEAR (AND SCARCITY CONTINUES TO THIS DAY) 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 OTHER CENTRAL BANKS, AND COMEX BANKS HAVE BEEN PAPERING THEIR LOSSES (DERIVATIVE) WITH KILOBAR ENTRIES. BOTH COMEX AND LBMA ARE WITNESSING MASSIVE AMOUNTS OF GOLD LEAVING THEIR VAULTS.

THE LIQUIDATION OF T.A.S. CONTRACTS THROUGHOUT THE MONTHS OF JUNE THROUGH APRIL/ CONTINUES TO DISTORT OPEN INTEREST NUMBERS GREATLY ALTHOUGH THE T.A.S. ISSUANCES IN GOLD HAVE GENERALLY BEEN ON THE LOW SIDE COMPARED TO SILVER WHICH HAVE BEEN HUGE. TODAY’S NUMBER HOWEVER IS A SMALL SIZED T.A.S ISSUANCE CONTRACTS .THE CME NOTIFIES US THAT THEY HAVE ISSUED 852 T.A.S CONTRACTS. THESE ARE GENERALLY USED FOR RAID PURPOSES TO STOP GOLD’S RISE AND TO TEMPER HUGE LOSSES IN OTC DERIVATIVE BETS AND IT WAS IN FULL FORCE DURING THIS WEEK WITH MUCH FAILURE DURING LONDON LBMA/OTC OPTION EXPIRY WEEK!! (APRIL FIRST DAY NOTICE)

IT SURE LOOKS LIKE THE BIS HAS SOMEHOW LOOKED THE OTHER WAY WITH ITS GOLD SWAPS WITH THE FRBNY AS THIS ENTITY FOR THE FED REFUSES THE BIS MARCHING ORDERS TO COVER AND THAT MAY EXPLAIN THE STRONG NUMBER OF T.A.S. ISSUANCES IN DECEMBER , JANUARY AND THROUGHOUT FEBRUARY TO GO ALONG WITH OUR HUGE NUMBER OF EXCHANGE FOR RISK ISSUED DURING THESE MONTHS INCLUDING FEBRUARY’S 6 EXCHANGE FOR RISK WHICH ALSO INCLUDED TWO MONSTER 9.3312 TONNE ISSUANCE (FEB 10 AND FEB 12). TOTAL EXCHANGE FOR RISK/FEB EQUALS 31.251 TONNES!! AND MARCH’S THREE ISSUANCES FOR 22.3818 TONNES! OTHER CENTRAL BANKS ARE PAYING ATTENTION AS THEY TAKE DELIVERY OF HUGE AMOUNTS OF PHYSICAL GOLD.

FOR MARCH WE HAVE 3 EXCHANGE FOR RISK ISSUANCES SO FAR FOR 7196 CONTRACTS OR 719,600 OZ/22.3818 TONNES.. AS DELIVERIES OF GOLD THESE PAST SEVERAL MONTHS HAVE BEEN HUGE!!

  1. FOR APRIL AT 209 TONNES

5. FOR THE MONTH OF AUGUST:

XXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXX

DECEMBER: INITIAL AMOUNT OF GOLD STANDING FOR DELIVERY IN THIS ACTIVE MONTH IS 83.813 TONNES FOLLOWED BY TODAY’S 0.XXXX TONNES QUEUE JUMP. THIS FOLLOWS ALL OTHER QUEUE JUMPING: 37.163 TONNES//NEW STANDING ADVANCES TO 115.390 TONNES TO WHICH WE ADD OUR FOUR EXCHANGE FOR RISK ISSUANCE OF 6.559 TONNES//NEW STANDING THUS INCREASES TO 121.977 TONNES

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.

YEAR 2022: STANDING FOR GOLD/COMEX

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

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

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

WE HAD ZERO T.A.S. SPREADER LIQUIDATION // COMEX SESSION// WITH OUR GAIN IN PRICE , OUR LONG SPECULATORS REMAIN RELENTLESS POURING INTO THE COMEX STARTING TO BUILD ON ITS OI //

OTHER EASTERN CENTRAL BANKS TENDERED FOR PHYSICAL EVERY NIGHT WHICH ALSO EXPLAINS THE HUGE NUMBER OF TONNES OF GOLD THAT STOOD FOR GOLD DURING THESE PAST SEVERAL MONTHS

THE CROOKS COULD NOT STOP OTHER CENTRAL BANK LONGS, SEIZING THE MOMENT, THEY EXERCISED AGAIN FOR PHYSICAL IN A BIG WAY TENDERING FOR PHYSICAL FRIDAY EVENING/SATURDAY MORNING AND THUS OUR HUGE NUMBER OF GOLD CONTRACTS STANDING FOR DELIVERY AT THE COMEX. CENTRAL BANKERS WAIT PATIENTLY FOR THE GOLD

A LITTLE REVIEW OF GOLD STANDING THESE PAST 7 MONTHS:

  1. ANALYSIS// OCT DELIVERY MONTH GOING FROM FIRST DAY NOTICE// OCT COMEX CONTRACT TO FINALIZATION OCT 31:

OCT AT 90.164 TONNES TO BE FOLLOWED BY ALL PREVIOUS QUEUE JUMPS OF 75.696 TONNES WHICH WE ADD OUR 14.553 TONNES EX FOR RISK/6 OCCASIONS:

2. AND NOW NOVEMBER:

10. FEBRUARY: INITIAL STANDING: 93.566 TONNES TO WHICH WE ADD OUR LATEST QUEUE JUMP OF 0.0298 TONNES TO WHICH THIS IS ADDED TO ALL OTHER QUEUE JUMPS OF 41.2082 / NEW QUEUE JUMP ADVANCES TO: 41.233 TONNES//STANDING ADVANCES TO: 126.628 TONNES TO WHICH WE ADD OUR SIX EXCHANGE FOR RISK OF 10,080 CONTRACTS FOR 1,008,000 OZ OR 31.251 TONNES/NEW STANDING ADVANCES TO 157.879 TONNES

APRIL: INITIAL STANDING: A VERY STRONG 52.600 TONNES FOLLOWED BY TODAY’S HUGE 128,200 OZ QUEUE JUMP (3.987 TONNES). THUS STANDING FOR GOLD AT THE COMEX ADVANCES TO 62.765 TONNES

INITIAL GOLD COMEX

APRIL DELIVERY MONTH

GoldOunces
Withdrawals from Dealers Inventory in oz
 nil
Withdrawals from Customer Inventory in oz




ENTRIES; 0



O



























Deposit to the Dealer Inventory in oz





0 ENTRY






























Deposits to the Customer Inventory, in oz








DEPOSITS/CUSTOMER





0 ENTRY


















































































xxxxxxxxxxxxxxxxI
No of oz served (contracts) today1166 CONTRACTS

OR 116,600 OZ

3.626 TONNES OF GOLD
No of oz to be served (notices)205 Contracts 
 20500 OZ
0.6376 TONNES

 
Total monthly oz gold served (contracts) so far this month19,974 notices
1,997,400 oz
62.127 TONNES
Total accumulative withdrawals of gold from the Dealers inventory this monthNIL oz
Total accumulative withdrawal of gold from the Customer inventory this month

dealer deposits: 0


DEPOSITS/CUSTOMER




0 ENTRY

xxxxxxxxxxxxxxxxxx

comex withdrawals:

ENTRIES; 0





they are draining the comex of gold

xxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxx

adjustments: / / 0

ADJUSTMENTS 0

COMEX IS DRAINING GOLD

chaos inside the comex

THE FRONT MONTH OF APRIL OI STANDS AT 1371 CONTRACTS HAVING A GAIN OF 770 CONTRACTS.

WE HAD 512 CONTRACTS SERVED UPON FRIDAY SO WE GAINED A MONSTER SIZED QUEUE JUMP OF 1282 CONTRACTS. THUS 128,200 OZ OF ADDITIONAL GOLD WILL STAND ON THIS SIDE OF THE BORDER AND THIS EQUATES TO 3.987 TONNES.(QUEUE JUMP)

MAY LOST 3 CONTRACTS TO AN OI OF 3007

JUNE IS A HUGE DELIVERY MONTH AND HERE THE OI ROSE BY 12,123 CONTRACTS UP TO AN OI OF 278,191

We had 1166 contracts filed for today representing 116,600 oz  

To calculate the INITIAL total number of gold ounces standing for APRIL. /2026. contract month, we take the total number of notices filed so far for the month (19,974) to which we add the difference between the open interest for the front month of  APRIL (1371 CONTRACTS)  minus the number of notices served upon today  1166 x 100 oz per contract) equals  2,017,900OZ OR (62.765 Tonnes of gold)

THUS: INITIAL total number of gold ounces standing for APRIL. /2026. contract month, we take the total number of notices filed so far for the month (19,974) to which we add the difference between the open interest for the front month of  APRIL (1371 CONTRACTS)  minus the number of notices served upon today  1166 x 100 oz per contract) equals  2,017,900 OZ OR (62.765Tonnes of gold)

new total of gold standing in APRIL is 62.765 TONNES//

TOTAL COMEX GOLD STANDING FOR APRIL 62.765 TONNES TONNES WHICH IS NOW HUGE FOR THIS NORMALLY VERY ACTIVE ACTIVE DELIVERY MONTH OF APRIL.

confirmed volume FRIDAY confirmed 119,840 poor

COMEX GOLD INVENTORIES/CLASSIFICATION

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 inventories in gold declining rapidly

TOTAL OF ALL GOLD ELIGIBLE AND REGISTERED GOLD 30,015,182.013 oz

TOTAL OF ALL ELIGIBLE GOLD 14,237,459.381 oz//eligible gold leaving hand over fist

total inventories in gold declining rapidly

SilverOunces
Withdrawals from Dealers InventoryNIL oz
Withdrawals from Customer Inventory
























3 entries

i) out of Delaware 28,326.216 oz
ii) Out of JPMorgan 639,156.200 oz
iii) Out of Loomis 481,909.670 oz


total withdrawal: 1,149,392.086 oz













































































































 










 
Deposits to the Dealer Inventory

























0 entries























xxxxxxxxxxxxxxxxxxxxxxxxxxxxxx



































 

Deposits to the Customer Inventory



























































































































DEPOSIT ENTRIES/CUSTOMER ACCOUNT




zero










































 




























































































 
No of oz served today (contracts)44 CONTRACT(S)  
 ( 220,000 OZ

No of oz to be served (notices)477 Contracts 
(2.385 MILLION oz)
Total monthly oz silver served (contracts)2772 contracts
13.860 MILLION oz
Total accumulative withdrawal of silver from the Dealers inventory this monthNIL oz
Total accumulative withdrawal of silver from the Customer inventory this month

DEPOSITS INTO DEALER ACCOUNTS

0 entries




nil

xxxxxxxxxxxxxxxxxxxxxxxxx

3 entries

i) out of Delaware 28,326.216 oz
ii) Out of JPMorgan 639,156.200 oz
iii) Out of Loomis 481,909.670 oz


total withdrawal: 1,149,392.086 oz












the comex is being drained of silver




the comex is being drained of silver

adjustments:

0

FRIDAY volume: 48,908 oz

xxxxxxxxxxxxxx

registered silver dropping in numbers

silver open interest data:

FRONT MONTH OF APRIL /2026 OI: 521 OPEN INTEREST CONTRACTS FOR A LOSS OF 10 CONTRACTS. WE HAD 15 CONTRACTS SERVED ON FRIDAY, SO WE GAINED A SMALL 5 CONTRACTS OR 25,000 OZ UNDERWENT ANOTHER QUEUE JUMP. STANDING THUS ADVANCES TO 16.245 MILLION OZ WHICH IS HUGE FOR THIS NORMALLY SMALL NON ACTIVE DELIVERY MONTH OF APRIL.

MAY SAW A GAIN OF 24 CONTRACTS UP TO 46,877 CONTRACTS.

JUNE SAW A GAIN OF 72 CONTRACTS UP TO 851 OI CONTRACTS

CONFIRMED volume; ON FRIDAY; 48,908 poor

We must also keep in mind that there is considerable silver standing in London coming from our longs

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.

BOTH GLD AND SLV ARE MASSIVE FRAUD

APRIL 13/2026/WITH GOLD DOWN $50.60 TODAY/HUGE CHANGES IN GOLD AT THE GLD A WITHDRAWAL OF 3.514 TONNES OF GOLD FROM THE GLD//:/INVENTORY RESTS AT 1048.906 TONNES

APRIL 10/2026/WITH GOLD DOWN $11.90 TODAY/SMALL CHANGES IN GOLD AT THE GLD A WITHDRAWAL OF 0.724 TONNES OF GOLD FROM THE GLD//:/INVENTORY RESTS AT 1052.42 TONNES

MAR 10 WITH SILVER UP $5. HUGE CHANGES IN SILVER INVENTORY AT THE SLV// A MONSTER WITHDRAWAL OF 1.63 MILLION OZ OUT OF THE SLV. ./ :INVENTORY RESTS AT 505.117 MILLION OZ

3. CHRIS POWELL AND MAJOR DISPATCHES

they are now free to import gold and silver:

India belatedly lists banks authorized to import gold and silver

Submitted by admin on Fri, 2026-04-17 21:04 Section: Daily Dispatches

By Rajendra Jadhav and Shilpa ​Jamkhandikar
Reuters
Friday, April 17, 2026

India today issued an order listing banks authorized ​to import gold and silver, providing relief ‌for banks that were forced to halt imports because the list’s publication was delayed.

Reuters reported earlier today that more than 5 metric tons ​of gold and around 8 metric tons ⁠of silver were stuck without customs clearance pending ​the order, which is typically issued at the ​start of each financial year.

The Directorate General of Foreign Trade, part of the Ministry of Commerce and Industry, which ​issued the order, did not ​give any reason for the delay.

Authorized by the Reserve ‌Bank ⁠of India, the order permits 15 banks, including the State Bank of India, HDFC Bank, and Bank of India, to import both gold and silver ​from April ​1, 2026, ⁠to March 31, 2029.

It also allows Union Bank of India and ​SBER Bank to import only gold.

None of ​the ⁠banks made any public comment.

A Mumbai-based dealer with a private bank, speaking on condition of anonymity, ⁠said ​banks would now be able ​to clear consignments from customs.

END

Here’s Why Trump’s Hormuz Blockade Should Stoke ‘Strait Chaos’ For China

Sunday, Apr 19, 2026 – 01:25 PM

The currently closed Strait of Hormuz, situated between Oman and Iran, connects the Persian Gulf to the Gulf of Oman and the Arabian Sea, and has emerged as a major flashpoint in the US-Iran war. The Bab el-Mandeb Strait, off Yemen’s coast, has also remained a focal point among critical maritime chokepoints, given ongoing threats from Iran-linked Houthi rebels.

While both critical chokepoints have been in sharp focus in the news cycle and among US officials, institutional research desks, intelligence analysts, observers, the OSINT community on X, and even everyday viewers watching Fox News or CNN, there is also another set of regional and transregional straits that warrant additional monitoring given their importance to global energy flows and commercial shipping.

Shifting from the Hormuz chokepoint, the latest data from Bloomberg, citing AIS ship-tracking data, shows that tankers bound for China transiting from the Gulf area through the Strait of Malacca is yet another maritime chokepoint, especially for energy and trade flows into Asia. 

The Strait of Malacca, at its narrowest point, is only 1.7 miles wide, creating a natural bottleneck. Most of the tankers transiting the tiny but very critical strait are hauling crude and LNG bound not just for China, but also for Japan, South Korea, and other countries in the region. This strait is a key link between Hormuz and China’s coastal refineries.

The list of narrow maritime chokepoints through which energy products flow on tankers should be very concerning to Beijing, given the US blockade of Hormuz and its potential to serve as a pressure campaign against China ahead of the Trump-Xi meeting.

Strait of Hormuz

This is the most important upstream chokepoint for China’s Gulf oil imports. A large share of Chinese crude from Saudi Arabia, Iraq, the UAE, Kuwait, and Qatar must exit through Hormuz first.

Strait of Malacca

This is China’s main downstream maritime bottleneck. Even after oil clears Hormuz, much of it still has to pass through Malacca on the way to East Asia. This is the classic “Malacca dilemma.”

Singapore Strait

Operationally linked to Malacca. Disruption here would compound any pressure on vessels transiting between the Indian Ocean and the South China Sea.

Lombok and Makassar Straits

These are major alternative routes if Malacca becomes constrained. Pressure here would matter because Chinese shipping would likely try to reroute through Indonesia.

Sunda Strait

Less ideal than Lombok, but still a secondary bypass route. It matters mainly in a broader interdiction or diversion scenario.

Bab el-Mandeb

This would affect Chinese crude and product flows tied to the Red Sea/Suez route, including some cargoes from North Africa or Atlantic Basin-linked trade. It is less central than Hormuz or Malacca for Gulf oil, but still important.

Our assessment here is that China’s crude import routes are highly vulnerable at Hormuz and Malacca, and the US can certainly throw a wrench in that system and disrupt those flows, as Hormuz has proven.

Zoltan Pozsar of advisory firm Ex Uno Plures explained it best: the Trump administration is “methodically building a portfolio of assets” to pressure China, centered on strategic energy supply nodes and maritime chokepoints that have historically supported Beijing’s cheap crude imports.

The obvious question is what happens if China doesn’t play ball with the US ahead of Trump’s upcoming Xi meeting. Beijing can clearly see the emerging pattern in which the Trump administration is willing to use US naval power, maritime chokepoints, and even the threat of blockade to generate leverage. That’s why the other straits noted above should serve as a warning to the Chinese leadership.

SPAIN IN CHAOS!!

Spain Erupts: Patriots Attacked By Socialist Mob Over Mass Illegal Migrant Amnesty

Saturday, Apr 18, 2026 – 08:10 AM

Authored by Steve Watson via Modernity.news,

Violence broke out in the Spanish city of Granada when roughly 40 left-wing Antifa extremists tried to shut down a pre-election rally held by the nationalist party Vox in Plaza de las Pasiegas. Police had to form a cordon between the rival groups as fights broke out, delaying the event by around 30 minutes.

Vox leader Santiago Abascal refused to start the rally until the disruptors were removed. He stepped down from the platform, walked toward the rival group with supporters, and crowds chanted “Out, out!” as tensions spilled over. Abascal directly accused authorities of failing to protect free speech, stating: “They are preventing us from carrying out this act freely.”

He went further, blaming the unrest on the very politicians who enabled it: “They are the ones who put Sánchez in La Moncloa.”

Footage shows red paint thrown at attendees, shouting matches, and police struggling to keep the sides apart. Smaller groups of protesters reappeared near the square after the rally began, mobilized via social media.

The clashes come just days after Prime Minister Pedro Sánchez’s socialist government approved plans to grant legal status, jobs, and benefits to around 500,000 migrants — with analysts warning the real number could hit 800,000.

As we reported earlier, this triggered immediate chaos at consulates across Spain, where thousands of migrants swarmed to submit paperwork:

SPAIN IN CHAOS: Thousands Of Migrants Swarm Consulates After Mass Amnesty

Sanchez fast-tracks residency, jobs and benefits for hundreds of thousands with zero checks

Endless queues snaked through streets in cities like Almería, Bilbao, and Madrid. Migrants clambered over security gates. Immigration offices are now threatening strikes, overwhelmed by the sudden flood with only a handful of staff handling applications that were farmed out to post offices and NGOs.

Vox has hammered the policy as an “invasion” accelerated by Sánchez. The Granada rally turned into a flashpoint for that anger, with party figures accusing the government of promoting demographic replacement while the opposition People’s Party offered little resistance.

This is the direct result of Sánchez’s open-borders experiment, which prioritizes globalist virtue-signaling over Spanish citizens’ safety and cohesion. While the left screams about “fascism,” it is their own policies that are turning Spanish streets into battlegrounds between patriots demanding borders and radicals defending unlimited migration.

The amnesty is already facing a serious legal challenge that could freeze the entire process. The Spanish legal group Hazte Oír has taken the royal decree to the Supreme Court, which accepted the case and gave the government just 20 days to justify bypassing parliament:

This Is Spain’s Last Chance To Save Itself…

Could far-left government’s mass legalization of migrants be blocked by the Supreme Court?

Lawyers argue there was no “extraordinary and urgent need” for a decree instead of normal legislation, warning of irreversible damage to public services, housing, and social cohesion. A precautionary suspension is on the table — meaning the flood of new legal residents could be halted before it becomes impossible to reverse.

Abascal has been blunt about what comes next if the courts fail to act: “These are the lines to manage mass regularization in each municipality of Spain. Tomorrow this chaos will move to the health centers, to the social services, to the real estate agencies… It’s called thirdworldization. It’s already happening. Our priority is to reverse it, radically.”

Sánchez, meanwhile, calls the giveaway “an act of justice” and “a necessity,” claiming it simply recognizes migrants who “already form part of our everyday lives.” Critics point out Spain has run multiple amnesties since 1986 with over 1.75 million permits issued — yet illegal entries and integration failures continue unabated.

The left’s response to pushback is always the same: label patriots as extremists while their policies import the very tensions now exploding. Spain stands at a crossroads. Either the courts step in and the people demand sanity, or the socialist experiment will turn one of Europe’s great nations into a cautionary tale of what happens when globalism overrides national survival.

Your support is crucial in helping us defeat mass censorship. Please consider donating via Locals or check out our unique merch. Follow us on X @ModernityNews.

Iranian Gunboats Open Fire On Tanker As Hormuz Closure Sparks Maritime Chaos

Saturday, Apr 18, 2026 – 08:26 AM

Summary: 

The UK Maritime Trade Operations (UKMTO) reports that a tanker was “approached by 2 IRGC gunboats, with no VHF challenge, and then fired upon.”

UKMTO did not provide any further details about the two Iranian vessels that fired on the tanker or the type of weapons used in the maritime incident, which was reported to have occurred 20 nautical miles northeast of Oman.

Assume that President Trump is about to become absolutely furious on Truth Social. One can also assume that backchanneling and behind-the-scenes talks are not going well if an incident like this occurred ahead of the U.S.-Iran weekend negotiations.

Hormuz Closed (Again) 

The Trump administration’s “baffle ’em with bullshit” methodology has been on full display, as the reopening of the Hormuz chokepoint on Friday drove a broad risk-on in markets: US equities soared, crude collapsed, and Treasury yields declined, based on the assumption that disruption to global energy flows had eased. However, as of early Saturday morning, those moves may prove premature.

The Wall Street Journal reports that the world’s most important maritime chokepoint is once again closed to commercial transit.

About 20 ships waiting to enter the Persian Gulf through the maritime chokepoint have turned back toward Oman after Iran’s military declared the waterway closed again, amid a U.S. blockade of Iranian ports.

https://x.com/zerohedge/status/2045311390219448776?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E2045311390219448776%7Ctwgr%5E9ef8fef81b94fa30e11a4a8cad83ad5fa64e6add%7Ctwcon%5Es1_&ref_url=https%3A%2F%2Fwww.zerohedge.com%2Fgeopolitical%2Fbit-chaos-hormuz-reportedly-shuts-agains-ships-make-u-turn

And rejected: the two tankers taking the neutral route, Minerva Evropi and Nissos Keros, have turned around; the Sanmar Herald which appears to be taking the Iran-sanctioned Larak island route is proceeding.

Here it is, the moment of truth: game of global geopolitical chicken with trillions in the balance

The OSINT community on X is reporting a Hormuz closure as well… 

The vessels had reportedly been prepared to pay $2 million in tolls to Iran’s Revolutionary Guards to pass through, but radio warnings indicated the strait was closed.

WSJ notes:

They are now turning back because the Revolutionary Guards are sending radio messages that the strait is closed, according to one Hong Kong owner with a container ship waiting to transit the strait.

Overnight, Iran’s parliament speaker, Mohammad Bagher Ghalibaf, wrote on X that President Trump’s “false” claims won’t help in US-Iran negotiations…

  1. The President of the United States made seven claims in one hour, all seven of which were false.
  2. They did not win the war with these lies, and they will certainly not get anywhere in negotiations either.
  3. With the continuation of the blockade, the Strait of Hormuz will not remain open.
  4. Passage through the Strait of Hormuz will be conducted based on the “designated route” and with “Iranian authorization.”
  5. Whether the Strait is open or closed and the regulations governing it will be determined by the field, not by social media.
  6. Media warfare and engineering public opinion are an important part of war, and the Iranian nation is not affected by these tricks. Read the real and accurate news of the negotiations in the recent interview of the Foreign Ministry spokesman.

Earlier, President Trump said peace talks with Iran are making progress and will continue over the weekend.  

“We had some pretty good news 20 minutes ago, but it seems to be going very well in the Middle East with Iran,” Trump told reporters traveling to Washington on Air Force One, according to MS Now. “We’ll know over a little period of time. We’re negotiating over the weekend.”

Trump said one main issue is recovering material from Iran’s nuclear program, which he said the U.S. would remove after any agreement is signed.

“Maybe I won’t extend it, but the blockade is going to remain. But maybe I won’t extend it, so you have a blockade, and unfortunately, we’ll have to start dropping bombs again,” Trump said.

Polymarket odds of the Hormuz chokepoint returning to normal status by the end of April have been on a rollercoaster ride over the last 24 hours, peaking at 64% on Friday morning after Iran announced the waterway was open, but dropping to 32% following Iran’s announcement that the maritime chokepoint was closed early Saturday.https:/

/embed.polymarket.com/market?market=strait-of-hormuz-traffic-returns-to-normal-by-april-30&height=300Strait of Hormuz traffic returns to normal by end of April?


Yes 33% · No 68%


View full market & trade on Polymarket

Here are the latest headlines from the Middle East:

Strait of Hormuz Status

  • Iran reopened the Strait of Hormuz on Friday for commercial shipping during a 10-day ceasefire between Israel and Hezbollah in Lebanon (BN) (BN)
  • Iran swiftly reversed course on Saturday morning, reimposing restrictions on the Strait of Hormuz after the US said it would not end its blockade of Iran-linked shipping (AP) (SMP) (WSJ)
  • Iranian forces announced control over the Strait of Hormuz has returned to its previous status under strict Iranian administration and supervision (NS8) (AFP)
  • Some 20 ships lining up to cross the Strait of Hormuz were turning back toward Oman after Iran’s military said the waterway was closed again (WSJ)

Shipping Activity

  • A convoy of eight tankers was crossing the Strait of Hormuz on Saturday, comprising one very large crude oil carrier, several oil product and chemical tankers and LPG carriers (NS8)
  • Four tankers loaded with Qatari LNG within the Persian Gulf moved toward Hormuz in the last 12 hours, with no loaded LNG shipment having exited the Gulf since late February (BN)
  • More crude oil and gas carriers began testing the Strait of Hormuz on Saturday despite mixed messages from Iranian authorities (BN)

US-Iran Negotiations

  • Iran has not yet agreed to a next round of negotiations with the US due to Trump’s announcement of a naval blockade and excessive US demands (BV)
  • Trump said a deal with Iran to end the seven-week war may be imminent, claiming most main points are finalized (BN) (BN)
  • Trump claimed Iran has agreed to suspend its nuclear program indefinitely, though Iran’s Foreign Ministry said enriched uranium won’t be transferred anywhere under any circumstances (BN) (BN)

Market Activity

Friday’s US-Iran Wrap

END

ByREUTERS

At least two merchant vessels said they were hit by gunfire as they attempted to cross the Strait of Hormuz on Saturday, three maritime security and shipping sources said.

The impact was not immediately clear.

IRGC gunboats open fire on tanker off Oman’s coast, UK maritime agency says

By Reuters

The United Kingdom Maritime Trade Operations (UKMTO) agency says it received a report of a tanker being fired upon by what it said were “two gunboats linked to Iran’s Revolutionary Guard Corps (IRGC)” 20 nautical miles northeast of Oman.

The captain of the tanker said the two gunboats opened fire without issuing a radio challenge, UKMTO says in its advisory note, adding that the vessel and its crew were reported safe.Share

2hr ago

US ‘cannot impose their will’ and block Hormuz, Iran’s deputy FM says

By AFP

ANTALYA, Turkey — The United States “cannot impose their will” and block the strategic Strait of Hormuz, Iran’s deputy foreign minister says, after Iran’s military declared the waterway closed again.

“Americans cannot impose their will to do a siege over Iran while Iran, with good intention, is trying to facilitate safe passage through the Strait of Hormuz,” Saeed Khatibzadeh tells journalists on the sidelines of an annual Turkish diplomatic forum in the southern province of Antalya.


April 18, 1:26 PM

ByJERUSALEM POST STAFF

Iran’s Islamic Revolutionary Guard Corps (IRGC) stated on Saturday that the Hormuz Strait will remain under strict Iranian control if the United States does not ensure full freedom of navigation for vessels traveling to and from Iran according to a Reuters report.P[

END

US planning to seize Iran-linked ships in coming days, WSJ says – report

The potential US military action comes as Iran tightens its grip on the Strait of Hormuz, including attacking several ships earlier on Saturday.

US Chairman of the Joint Chiefs of Staff General Dan Caine speaks as a map of the Strait of Hormuz is displayed during a press briefing at the Pentagon in Washington, DC, on April 16, 2026.

US Chairman of the Joint Chiefs of Staff General Dan Caine speaks as a map of the Strait of Hormuz is displayed during a press briefing at the Pentagon in Washington, DC, on April 16, 2026.(photo credit: SAUL LOEB / AFP via Getty Images)

ByJERUSALEM POST STAFF

APRIL 18, 2026 19:45Updated: APRIL 18, 2026 20:06

The United States is planning to board and seize Iran-linked oil tankers and commercial ships in the coming days, according to a Saturday report by The Wall Street Journal.

The report noted that these actions would take place in international waters, potentially outside of the Middle East.

The US “will actively pursue any Iranian-flagged vessel or any vessel attempting to provide material support to Iran,” US Chairman of the Joint Chiefs of Staff Gen. Dan Caine said Thursday. “This includes dark fleet vessels carrying Iranian oil.”

“As most of you know, dark fleet vessels are those illicit or illegal ships evading international regulations, sanctions, or insurance requirements,” Caine continued.

Caine was further quoted as saying that the new campaign, which would be operated in part by the US Indo-Pacific Command, would be part of a broader US President Donald Trump-led campaign against Iran, known as “Economic Fury.”

Chairman of the Joint Chiefs of Staff Gen. Dan Caine speaks during a press briefing at the Pentagon on April 16, 2026 in Arlington, Virginia.
Chairman of the Joint Chiefs of Staff Gen. Dan Caine speaks during a press briefing at the Pentagon on April 16, 2026 in Arlington, Virginia. (credit: Alex Wong/Getty Images)

White House spokeswoman Anna Kelly told the WSJ that Trump was “optimistic” that the new measures would lead to a peace deal.

The potential US military action comes as Iran tightens its grip on the Strait of Hormuz, including attacking several ships earlier on Saturday, the WSJ reported.

US Iran blockade a ‘maximalist approach’

The report cited CENTCOM as saying that the US has already turned back 23 ships trying to leave Iranian ports since the start of its blockade on the Strait.

The expansion of naval action beyond the Middle East will provide the US with further leverage against Iran by allowing it to take control of a greater number of ships loaded with oil or weapons bound for Iran,  the report noted.

“It’s a maximalist approach,” said associate professor of law at Emory University Law School Mark Nevitt. “If you want to put the screws down on Iran, you want to use every single legal authority you have to do that.”

Iran claimed earlier on Saturday that it had regained military control over the Strait, intending to hold it until the US guarantees full freedom of movement for ships traveling to and from Iran.

According to a Saturday report by Iran International, Iran’s joint military command stated that the Strait of Hormuz is now under strict observation and control by Iranian forces, effectively reinstating its previous restricted status.

“As long as the United States does not ensure full freedom of navigation for vessels traveling to and from Iran, the situation in the Strait of Hormuz will remain tightly controlled,” the Iranian military stated.

In addition, Iranian Supreme Leader Mojtaba Khamenei declared on Saturday in an apparent message on his Telegram channel that the Iranian Navy is prepared to inflict “new bitter defeats” on its enemies.

END

Trump announces he will have updates on Iran ‘by the end of today’

Trump said on Friday that he may end the ceasefire with Iran unless a long-term deal to end the war is agreed upon by Wednesday.

US President Donald Trump speaks to members of the press aboard Air Force One on April 17, 2026 just prior to landing at Joint Base Andrews, Maryland.

US President Donald Trump speaks to members of the press aboard Air Force One on April 17, 2026 just prior to landing at Joint Base Andrews, Maryland.(photo credit: Win McNamee/Getty Images)

ByJERUSALEM POST STAFF

REUTERSAPRIL 18, 2026 16:51

Updated: APRIL 18, 2026 17:03

US President Donald Trump spoke to the media at the White House on Saturday about his plans for Iran, saying he would announce updates “by the end of the day.”

“They have no navy, they have no air force, they have no leaders, they have no nothing,” said Trump.

“Iran can’t blackmail us,” he added, after signing an executive order on access to medical research and treatment based on psychedelic drugs.

We have very good conversations going on,” Trump said. “They got a little cute, as they have been doing for 47 years.”

“Nobody ever took them on,” continued Trump. “We took them on.”

US President Donald Trump speaks to members of the press aboard Air Force One on April 17, 2026 just prior to landing at Joint Base Andrews, Maryland.
US President Donald Trump speaks to members of the press aboard Air Force One on April 17, 2026 just prior to landing at Joint Base Andrews, Maryland. (credit: Win McNamee/Getty Images)

“It is regime change,” added Trump, referring to the targeted killing of senior Iranian officials and their replacements. “You call that ‘enforced regime change.'”

“A lot of your fellow soldiers have been killed by Iran,” Trump told the US veterans standing behind him as part of the executive order signing, one of whom acknowledged that Iran had manufactured many of the roadside bombs that had been used to kill US soldiers in Iraq.

Trump says Iran ceasefire may end if no deal reached by Wednesday

Trump said on Friday that he may end the ceasefire with Iran unless a long-term deal to end the war is agreed by Wednesday.

“Maybe I won’t extend it, but the blockade [on Iranian ports] is going to remain,” Trump told reporters on Air Force One on his way back to Washington from Phoenix, Arizona. “So you have a blockade, and unfortunately, we have to start dropping bombs again.”

Trump added that there had been some “pretty good news” regarding Iran, but he declined to elaborate.

“We had some pretty good news 20 minutes ago, but it seems to be going very well in the Middle East with Iran,” said Trump.

“You’ll hear about. I just think it’s something that should happen. It’s something that only makes sense to happen. And I think it will. We’ll see what happens, but I think it will,” Trump said when asked what the good news was.

end

US Prepares To Board Iran-Linked Ships Globally Following Iranian Gunboat Attack On Tanker In Hormuz

Saturday, Apr 18, 2026 – 12:40 PM

Summary: 

  • US officials: War may resume if no peace talks breakthrough: Axios
  • Two Iranian gunboats Open Fire on a tanker near Oman; 2nd tanker hit by ‘unknown projectile’.
  • India summons Iranian ambassador to condemn incident
  • Pentagon prepared to expand anti-vessel action, signals prepared to board Iran-linked ships globally
  • Friday: Hormuz Open; Saturday: Hormuz Closed 
  • Trump: Iran wanted to close up Strait again, can’t blackmail us

https://embed.polymarket.com/market?market=strait-of-hormuz-traffic-returns-to-normal-by-april-30&height=300Strait of Hormuz traffic returns to normal by end of April?
Yes 28% · No 72%
View full market & trade on Polymarket

WAR will Resume?

Not good, amid reports Pakistan peace talks could also resume, Monday perhaps:

US OFFICIAL TELLS AXIOS WAR MAY RESUME IF NO BREAKTHROUGH

https://x.com/BarakRavid/status/2045556264076243035?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E2045556264076243035%7Ctwgr%5Ec89a721ba110a0a88a9abdb118bb290abed3d556%7Ctwcon%5Es1_&ref_url=https%3A%2F%2Fwww.zerohedge.com%2Fgeopolitical%2Fbit-chaos-hormuz-reportedly-shuts-agains-ships-make-u-turn

Reaction by India

New Delhi has summoned the Iranian ambassador to condemn the IRGC Navy’s attack on one of its tankers earlier in the day:

US Prepares to Board Iran-Linked Ships Globally

According to the latest headlines there was a second tanker incidenta Container ship reportedly hit by ‘unknown projectile’ in second incident while other traffic stalls.

Meanwhile on Saturday the Pentagon is signaling yet another major escalation in the latest effort to reassert US leverage over the Hormuz crisis. It is preparing to expand the fight not just to the Hormuz/Persian Gulf regions, but broadly to the high seas.

“The U.S. military is preparing in coming days to board Iran-linked oil tankers and seize commercial ships in international waters, according to U.S. officials, expanding its naval crackdown beyond the Middle East,” WSJ reports. This means the American military will pursue vessels around the world that are helping Iran, as it steps up ‘Economic Fury’ as an extension of ‘Epic Furty’. WSJ comments further:

The planning comes as the Iranian military continues to tighten its grip on the Strait of Hormuz, attacking several commercial vessels on Saturday as it declared the waterway was being “strictly controlled” by Iran. The developments sent shipping companies scrambling a day after Iran’s foreign minister said the strait was fully open to commercial traffic—an announcement that was welcomed by President Trump.

The past days have seen both sides try and declare and assert control over the vital waterway and their own blockade based on rival ‘conditions’ for ship passage. But all of this has meant a continued effective closure. US Central Command (CENTCOM) has cited that the US Navy has already turned back at least 23 ships after they were at Iranian ports. In the meantime Trump is still claiming Iran agreed to hand over its enriched uranium – or nuclear ‘dust’ – but Tehran has made clear it will never do so, dismissing this as a made-up fantasy.

Meanwhile…

IDF to continue to attack Hezbollah in southern Lebanon despite ceasefire

The military views the Litani River as the new indefinite security line in case Lebanon can’t guarantee Hezbollah’s disarmament.

IDF soldiers operating in southern Lebanon, April 10, 2026.

IDF soldiers operating in southern Lebanon, April 10, 2026.(photo credit: IDF SPOKESPERSON UNIT)ByYONAH JEREMY BOBAPRIL 17, 2026 18:00

Despite the newly mounted Israel-Hezbollah ceasefire, the IDF will continue to attack fighters of the Lebanese terror group who have remained in the southern part of the country should they not surrender, the IDF said on Friday.

The statement by the IDF was the first aggressive interpretation of the limits of the ceasefire put out by any senior Israeli official.

In addition, IDF sources for the first time gave the unambiguous official commitment that the military will remain in southern Lebanon indefinitely, and view the Litani River as the new security line with Hezbollah, unless the terror group agrees to disarm.

Although Israeli political officials had started to take such a stance in recent weeks, the IDF has been slower to adopt such a consequential long-standing view, given that it could mean that the military may get stuck in a new Lebanese quagmire for years.

In spite of the pessimistic scenario, the IDF had some potential optimism for the current Israeli-Lebanese negotiations, given that Hezbollah is considered even weaker than after the fall 2024 ceasefire.

A man holds a Hezbollah flag while standing on the rubble of a damaged building, after a 10-day ceasefire between Lebanon and Israel went into effect, in the southern suburbs of Beirut, Lebanon, April 17, 2026.
A man holds a Hezbollah flag while standing on the rubble of a damaged building, after a 10-day ceasefire between Lebanon and Israel went into effect, in the southern suburbs of Beirut, Lebanon, April 17, 2026. (credit: REUTERS/ADNAN ABIDI)

This is because Hezbollah has lost another 1,700 fighters, another 5,800 rocket launchers, has generally lost another 10-20% of its pre-2023 power (around another 60% of its post-fall 2024 power), and may have much less capacity to rebuild if Iran’s economy, its main source of funding, is as shattered as reports indicate.

Separately on Friday, the IDF revealed explicitly for the first time that the security cabinet and Prime Minister Benjamin Netanyahu held them back from multiple instances where they had wished to initiate an earlier major operation against Hezbollah.

At least one of these instances took place in January of this year, as the Iranian protests picked up.

The IDF understood the cabinet’s wide diplomatic considerations, but some of the military’s frustration with being held back against Hezbollah was palpable.

IDF surprised by weak performance of Iran’s proxies

Next, the IDF disclosed that it had been surprised by the weak performance in general of Iran’s proxies.

It had expected Hezbollah to intervene on the first day of the war and more strongly, not the third day of the war, and with a relatively light performance.

Moreover, the IDF had expected the Yemen Houthis to jump into the war from the start and much more heavily, whereas the Houthis stayed out of the war for weeks, and then intervened so moderately that they were barely a factor.

Finally, under criticism from some Israelis for failing to stop Hezbollah’s rocket fire entirely, the IDF responded quite directly that it was not given mission parameters that could have possibly achieved such a result.

IDF sources said that it was well-known that Hezbollah was firing nearly all of its rockets from North of the Litani River, some from as far away as 100 kilometers or more in the Bekaa Valley, and that only if Netanyahu and the cabinet had endorsed invading all of Lebanon, might the rocket fire have stopped.

In truth, almost no top Israeli officials entertained an invasion of Lebanon beyond the Litani River because when Israel did so in 1982, the final outcome was a disastrous quagmire, and heavy Israeli casualties over a long period of time, without succeeding at stamping out anti-Israeli forces.

END

IDF strikes Hezbollah terrorists in southern Lebanon who approached troops, yellow line

The IDF argued that these attacks were in accordance with the political echelon and the ceasefire agreement with Lebanon, while Hezbollah politicians saw it as a “violation of the ceasefire.”

Israeli soldiers are seen along the Israeli border with Lebanon amid the ongoing war, April 10, 2026.

Israeli soldiers are seen along the Israeli border with Lebanon amid the ongoing war, April 10, 2026.(photo credit: AYAL MARGOLIN/FLASH90)

ByTOBIAS HOLCMAN

APRIL 18, 2026 14:25

The IDF targeted on Saturday several sites in southern Lebanon where Hezbollah terrorists were stationed, arguing that their presence was in violation of the ceasefire agreement.

The military said that it conducted air and ground attacks towards the terrorists, who approached the yellow line separating areas under the control of the IDF, while it also fired support artillery fire.

The IDF argued that these attacks were in accordance with the political echelon and the ceasefire agreement with Lebanon, with troops taking the “necessary measures in self-defense against threats, while ensuring the security of Israeli civilians and the soldiers deployed in the area.”

“The IDF will not allow harm to Israeli civilians and IDF soldiers and will take all necessary measures to ensure their safety,” the military added.

Hezbollah says it will notify Iran as Trump barred Israel from attacking Lebanon

Lebanese media reported that Hezbollah saw these incidents as a breach of the ceasefire agreement, and it planned to notify Iran of the situation.

Kids holding the Hezbollah flags stand in a vehicle as displaced people make their way to return to their homes after a 10-day ceasefire between Lebanon and Israel went into effect, at the southern suburbs of Beirut, Lebanon, April 17, 2026.
Kids holding the Hezbollah flags stand in a vehicle as displaced people make their way to return to their homes after a 10-day ceasefire between Lebanon and Israel went into effect, at the southern suburbs of Beirut, Lebanon, April 17, 2026. (credit: REUTERS/MOHAMED AZAKIR)

Hezbollah member of parliament in Lebanon, Hassan Fadlallah, said, “We contacted the leadership in Iran and informed them of Israeli violations of the ceasefire.”

US President Donald Trump said on Friday that he had prohibited any attacks by Israel against Lebanese targets. “Israel is prohibited from bombing Lebanon any longer,” said Trump in a Truth Social post. 

Trump also confirmed that the US will work with Lebanon separately and “deal with the Hezbollah situation in an appropriate manner.”

In a separate statement, the IDF confirmed that it maintained its right to self-defense inside southern Lebanon and that it would attack any threat against the soldiers stationed in the region.

END

“No More Mr. Nice Guy”: US Strikes, Seizes Iranian Cargo Ship Trying To Break Blockade

Sunday, Apr 19, 2026 – 03:45 PM

Summary

  • Trump renews threats if no deal is reached: “No More Mr. Nice Guy”
  • Trump says U.S. struck and seized Iranian-flagged cargo ship in Gulf of Oman
  • Tanker traffic through the Strait of Hormuz has ground to a halt after multiple incidents (Iran renewed threats to close the Bab al-Mandeb Strait)
  • Vance to lead negotiations with Iran, along with Witkoff and Kushner, on Tuesday or Wednesday
  • “We are still far from the final discussion,”  said speaker of the Iranian parliament Ghalibaf

US Struck and Seized Iranian-flagged Cargo Ship on Gulf Of Oman

With markets still closed for now, President Trump just posted on his Truth Social platform that the US military just struck and seized an Iranian-flagged cargo ship in the Gulf of Oman.

Today, an Iranian-flagged cargo ship named TOUSKA, nearly 900 feet long and weighing almost as much as an aircraft carrier, tried to get past our Naval Blockade, and it did not go well for them.

The U.S. Navy Guided Missile Destroyer USS SPRUANCE intercepted the TOUSKA in the Gulf of Oman, and gave them fair warning to stop.

The Iranian crew refused to listen, so our Navy ship stopped them right in their tracks by blowing a hole in the engineroom.

Right now, U.S. Marines have custody of the vessel.

The TOUSKA is under U.S. Treasury Sanctions because of their prior history of illegal activity.

We have full custody of the ship, and are seeing what’s on board!

According to CENTCOM, American forces issued multiple warnings and informed the Iranian-flagged vessel it was in violation of the U.S. blockade.

After Touska’s crew failed to comply with repeated warnings over a six-hour period, Spruance directed the vessel to evacuate its engine room.

Spruance disabled Touska’s propulsion by firing several rounds from the destroyer’s 5-inch MK 45 Gun into Touska’s engine room.

U.S. Marines from the 31st Marine Expeditionary Unit later boarded the non-compliant vessel, which remains in U.S. custody.

American forces acted in a deliberate, professional, and proportional manner to ensure compliance.

Since the blockade’s commencement, U.S. forces have directed 25 commercial vessels to turn around or return to an Iranian port.

Now we wait and see the reaction as futures open and the vocal (and kinetic) action is wound back in.

Record highs in stocks provides just the kind of backdrop for Trump to press his ‘escalated to de-escalate’ strategy into the end of the ceasefire.

Tanker Traffic Through Strait Halted

By Sunday morning, the latest Bloomberg ship tracking data showed that tanker traffic through the Strait of Hormuz had largely ground to a halt.

There were multiple incidents of tankers U-turning over the last 24 hours.

At the same time, a senior Iranian official renewed threats to close the Bab al-Mandeb Strait.

The Hormuz chokepoint (closed once again after briefly opening on Friday morning) comes as the US blockade of Iranian ports remains in place and US-Iran diplomatic channels appear active..

The odds of shipping traffic returning to normal on the Hormuz by the end of the month are currently around 28% on Polymarket. Those odds just hours ago, early Sunday, stood around 18%.https://embed.polymarket.com/market?market=strait-of-hormuz-traffic-returns-to-normal-by-april-30&height=300Strait of Hormuz traffic returns to normal by end of April?
Yes 28% · No 72%
View full market & trade on Polymarket

Vance to Lead Negotiations with Iran

President Trump told Fox News that special envoy Steve Witkoff is traveling to Pakistan for talks with Iranian negotiators, suggesting the Trump team and US Secretary of State Marco Rubio are still pursuing a negotiated off-ramp.

Separately, Trump wrote on Truth Social that his representatives “will be there tomorrow evening, for Negotiations.”

The meetings in Islamabad will be “Tuesday possibly into Wednesday,” Trump told Fox News in a call Sunday morning, the outlet reported.

Yet Iranian state media reported Sunday that Tehran had “rejected” the second round of talks.

Iran’s “absence” from the talks, the report said, was a result of “Washington’s excessive demands, unrealistic expectations, constant shifts in stance, repeated contradictions, and the ongoing naval blockade, which it considers a breach of the ceasefire.”

Confirmation of another round of upcoming US-Iran talks comes one day after Iran shuttered the Hormuz, citing the US Naval blockade that remains in place.

Overnight, Mohammad Bagher Ghalibaf, speaker of the Iranian parliament, admitted on national television that there had been “progress” with Washington, but that there were many gaps and some fundamental points remained.

“We are still far from the final discussion,” said Ghalibaf, one of Tehran’s top negotiators.

Ghalibaf continued, “If America does not lift the blockade, traffic in the Strait of Hormuz will definitely be limited.”

Trump has accused Tehran of getting “a little cute” with its flip-flopping on the strait that was reopened on Friday but abruptly closed on Saturday morning.

The ceasefire is set to expire Wednesday.

Trump Renews Threats: “No More Mr. Nice Guy”

Trump also renewed threats made earlier this month to “knock out every single Power Plant, and every single Bridge, in Iran” if no deal is reached, warning that “they’ll come down fast, they’ll come down easy.”

Trump’s full Truth Social post from earlier:

Iran decided to fire bullets yesterday in the Strait of Hormuz — A Total Violation of our Ceasefire Agreement! Many of them were aimed at a French Ship, and a Freighter from the United Kingdom. That wasn’t nice, was it?

My Representatives are going to Islamabad, Pakistan — They will be there tomorrow evening, for Negotiations. Iran recently announced that they were closing the Strait, which is strange, because our BLOCKADE has already closed it.

They’re helping us without knowing, and they are the ones that lose with the closed passage, $500 Million Dollars a day! The United States loses nothing. In fact, many Ships are headed, right now, to the U.S., Texas, Louisiana, and Alaska, to load up, compliments of the IRGC, always wanting to be “the tough guy!”

We’re offering a very fair and reasonable DEAL, and I hope they take it because, if they don’t, the United States is going to knock out every single Power Plant, and every single Bridge, in Iran.

NO MORE MR. NICE GUY! They’ll come down fast, they’ll come down easy and, if they don’t take the DEAL, it will be my Honor to do what has to be done, which should have been done to Iran, by other Presidents, for the last 47 years. IT’S TIME FOR THE IRAN KILLING MACHINE TO END! President DONALD J. TRUMP

END

OTHER HEADLINES

TO MACRON:

WELCOME TO THIS WORLD;

French soldier killed by Hezbollah in southern Lebanon, Macron says

“Everything suggests that responsibility for this attack lies with Hezbollah,” said French President Emmanuel Macron on X/Twitter.

UNIFIL vehicles drive in Deir Mimas, southern Lebanon, February 18, 2025; illustrative.

UNIFIL vehicles drive in Deir Mimas, southern Lebanon, February 18, 2025; illustrative.(photo credit: REUTERS/KARAMALLAH DAHER)ByJERUSALEM POST STAFFAPRIL 18, 2026 15:22Updated: APRIL 18, 2026 15:29

A French UNIFIL soldier was killed, and three others were wounded during an attack in southern Lebanon, French President Emmanuel Macron announced in an X/Twitter post on Saturday.

“Everything suggests that responsibility for this attack lies with Hezbollah,” Macron wrote. “France demands that the Lebanese authorities immediately arrest the perpetrators and take their responsibilities alongside UNIFIL.”

https://x.com/EmmanuelMacron/status/2045471921718845802?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E2045471921718845802%7Ctwgr%5E340f3b38927f33460662c351e667eec935d58f2c%7Ctwcon%5Es1_&ref_url=https%3A%2F%2Fwww.jpost.com%2Fmiddle-east%2Farticle-893406

XXXXXXXXXXXXXXXXXXXXXXXXXXXX

Sergeant-Chef Florian Montorio of the 17th Parachute Engineer Regiment from Montauban fell this morning in southern Lebanon during an attack against UNIFIL.

Three of his brothers-in-arms are wounded and have been evacuated.

The Nation bows with respect and extends its support to the families of our soldiers and to all our military personnel engaged for peace in Lebanon.

Everything suggests that responsibility for this attack lies with Hezbollah. France demands that the Lebanese authorities immediately arrest the perpetrators and take their responsibilities alongside UNIFIL

XXXXXXXXXXX

Macron identified the soldier as Sgt. First Class Florian Montorio of the 17th Parachute Engineer Regiment from Montauban.

Three other UNIFIL soldiers were wounded in the attack, and all of them have been evacuated to a nearby hospital.

Lebanese Prime Minister condemns attack

Lebanon’s Prime Minister Nawaf Salam condemned the attack in an X/Twitter post on Saturday, saying such attacks cause “great harm to Lebanon.”

https://x.com/nawafsalam/status/2045461922292637711?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E2045461922292637711%7Ctwgr%5E340f3b38927f33460662c351e667eec935d58f2c%7Ctwcon%5Es1_&ref_url=https%3A%2F%2Fwww.jpost.com%2Fmiddle-east%2Farticle-893406

I condemn the assault today on elements of the French battalion in UNIFIL,” said Salam. “I have issued my strict instructions to conduct an immediate investigation to uncover the circumstances of this assault and to hold the perpetrators accountable.”

This is a developing story.

Spillover Conflict Still Raging In Iraq: Three Iranian Kurds Killed

Friday, Apr 17, 2026 – 11:00 PM

The Iran war seems to be cooling, as a two week ceasefire holds, but people are still dying from spillover effects and sporadic conflict in neighboring Iraq.

Drone and rocket strikes in Iraq’s northern Kurdistan region on Friday killed three Iranian Kurds, including two women fighters, an exiled opposition group said, blaming the attack on Iran,” AFP reports. It’s unclear if the projectiles were sent across the border, or whether pro-Iran groups inside Iraq carried out the killings.

This comes several weeks after US officials first floated the possibility of arming Iranian Kurdish dissident groups. Kurdish organizations in Iraq and along the border insisted at the time that there was no plan to receive arms and training from the US.

The fear was that the US statements and avalanche of international press reports claiming a potential impending plan to use Kurds as a proxy ground force served to put a bright red target on the Kurdish community of Iran (and by extension Iraq).

Indeed throughout the conflict there had been sporadic Iranian attacks on Kurdish areas, particularly in northern Iraqi Kurdistan. That appears to still be happening, with the Friday report:

“The Islamic Republic of Iran launched a new wave of missile and drone strikes today targeting… civilian camps of the PDKI,” killing one person and wounding his father, the Democratic Party of Iranian Kurdistan (PDKI) said on X.

In a separate attack, two women fighters were killed and other fighters wounded, the party added.

A PDKI official told AFP the fighters were killed in an attack on their positions in the Soran area, nestled in the Zagros mountains near the Iranian border.

In other Iraq-related news connected to the Iran war, the US Treasury on Friday has slapped new sanctions on a series of Shia pro-Iran militia leaders.

The United States Treasury Department Office of Foreign Assets Control (OFAC) has targeted seven pro-Iran Iraqi militia commanders, accused of organizing and carrying out attacks against US soldiers and facilities.

They are “some of Iraq’s most violent Iran-aligned militia organizations,” such as Asa’ib Ahl Al-Haqq, Kata’ib Hezbollah, Kata’ib Sayyid Al-Shuhada, and Harakat Al-Nujaba – according to the Trump administration.

“We will not allow Iraq’s terrorist militias, backed by Iran, to threaten American lives or interests … Those who enable these militias’ violence will be held accountable,” US Treasury Secretary Scott Bessent stated.

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