GOLD CLOSED CLOSED UP $4.45 TO $4334.35
SILVER CLOSED DOWN $0.13 TO $70.01
ACCESS MARKET
GOLD $4317.00 3:30 PM)
SILVER: 70.08 3;30 PM)
Bitcoin morning price:$66,634 UP 27 DOLLARS (MANY SWITCHING TO PHYSICAL GOLD)
Bitcoin: afternoon price: $65,523 DOWN 1084 DOLLARS
Platinum price closing UP $43.50 TO $1817.50
Palladium price; UP $16.00 TO $1364.50
JUNE 16
JUNE COMEX MONTH
GOLD: NUMBER OF NOTICES FILED FOR JUNE/2026: 1433 CONTRACTs NOTICES FOR 143300 OZ or 4.457 TONNES
total notices so far: 35,353 contracts FOR 3,535,300 OZ OR 109.902 TONNES
SILVER NOTICES: 212 NOTICE(S) FILED FOR 1.060 MILLION OZ /
total number of notices filed so far this month : 2393 CONTRACTS (NOTICES) for 11.965 million oz
SILVER//OUTLINE
INITIAL STANDING FOR JANUARY: 22.915 MILLION OZ FOLLOWED BY TODAY’S 1.185 MILLION OZ QUEUE JUMP//NEW NORMAL STANDING ADVANCES TO 49.445 MILLION OZ// TO WHICH WE ADD OUR FIRST EXCHANGE FOR RISK FOR .100 MILLION OZ//NEW STANDING ADVANCES TO 49.545 MILLION OZ!!
INTIAL STANDING FOR FEBRUARY/SILVER: 13.505 MILLION OZ FOLLOWED BY TODAY’S HUGE 0.005 MILLION OZ QUEUE JUMP / : NEW STANDING FOR SILVER AT THE COMEX ADVANCES TO 25.180 MILLION OZ. BUT WE MUST ADD OUR FIRST EXCHANGE FOR RISK OF 25 CONTRACTS FOR .125 MILLION OZ AND THEN OUR SECOND EXCHANGE FOR RISK OF .0600 MILLION OZ TO OUR THIRD HUGE 2.825 MILLION OZ EXCHANGE FOR RISK!!
INITIAL STANDING FOR MARCH: A SURPRISINGLY LOW 31.076 MILLION OZ/ FOLLOWED BY A TINY QUEUE JUMP OF XX CONTRACTS OR XXX OZ/NEW STANDING ADVANCES TO 46.060 MILLION OZ
INITIAL STANDING FOR APRIL: 7.120 MILLION OZ FOLLOWED BY TODAY’S 1 CONTRACT QUEUE JUMP WHERE 5,000 OZ WILL TAKE DELIVERY OVER ON THIS SIDE OF THE POND. NEW STANDING FOR SILVER AT THE COMEX THUS ADVANCES SLIGHTLY TO 16.565 MILLION OZ PLUS WE MUST ADD OUR 4TH EXCHANGE FOR RISK ISSUANCE OF 17 CONTRACTS OR 0.085 MILLION OZ. THESE WILL BE ADDED TO OUR OTHER 3 ISSUANCES //NEW TOTAL EXCHANGE FOR RISK//1.165 MILLION OZ// NEW TOTAL SILVER STANDING 17.730 MILLION OZ//
INITIAL STANDING FOR MAY: 31.495 MILLION OZ FOLLOWED BY ANOTHER 3 CONTRACT EXCHANGE FOR PHYSICAL JUMP TO LONDON FOR 0.015 MILLION OZ// AND THEN TO BOOT WE HAD OUR FIRST EXCHANGE FOR RISK ISSUANCE FOR 51 CONTRACTS OR 255,000 OZ MAY 21./STANDING BEFORE EXCHANGE FOR RISK: 32.070 MILLION OZ/NEW STANDING THUS REDUCES TO 32.325 MILLION OZ/.//(32.070 MILLION OZ NORMAL STANDING PLUS .255 MILLION OZ EXCHANGE FOR RISK = 32.325 MILLION OZ)
JUNE INITIAL STANDING FOR SILVER:10.935 MILLION OZ TO WHICH WE ADD OUR NEXT QUEUE JUMP OF 0 OZ//NEW STANDING REMAINS AT 12.015 MILLION OZ//
SUMMARY OF OUR JUNE 2026 COMEX CONTRACT MONTH:
JULY: 50.925 MILLION OZ (QUITE SMALL)
AUGUST: 59.455 MILLION OZ (QUITE SMALL)
SEPT. 50.510 MILLION OZ.(QUITE SMALL)
OCT; 82.020 MILLION OZ (WILL BE STRONG THIS MONTH)/ OCC WANTS TO REIN IN THESE ISSUANCES!
NOVEMBER: 36.425 MILLION OZ
DEC: 45.765 MILLION OZ
JANUARY 2026: 134.270 MILLION OZ (WILL BE A VERY STRONG MONTH FOR EXCHANGE FOR PHYSICAL!)
FEB : 82.130 MILLION OZ
MARCH: 56.075 MILLION OZ
APRIL; 44.44 MILLION OZ//FINAL.. SMALL THIS MONTH.
MAY 59.79 MILLION OZ
JUNE. 35.100 MILION OZ
AND JULY: 46.720 MILLION OZ//
AUGUST: 4.70 MILLION OZ INITIAL STANDING PLUS TODAY;S 5,000 OZ QUEUE JUMP //NEW STANDING ADVANCES TO 10.960 MILLION OZ
SEPTEMBER: 68.040 MILLION OZ NORMAL DELIVERY(INCLUDES ALL QUEUE JUMPING AND EXCHANGE FOR PHYSICAL TRANSFERS) PLUS 3.0 MILLION OZ EX FOR RISK = 71.040 MILLION OZ. (THIS IS THE FIRST AND ONLY ISSUANCE OF EXCHANGE FOR RISK FOR SILVER SINCE MAY.)
OCTOBER: 39.565 MILLION OZ OF NORMAL DELIVERY INCLUDES ALL QUEUE JUMPING
PLUS
2.110 MILLION OZ EXCHANGE FOR RISK//TOTAL OZ STANDING IN OCT ADVAN
NOVEMBER: INITIAL STANDING AT 11.575 MILLION OZ FOLLOWED BY TODAY’S 195,000 OZ QUEUE JUMP WHICH FOLLOWS ALL OTHER QUEUE JUMPS OF 9.155 MILLION OZ//STANDING ADVANCES TO 19.670 MILLION OZ/
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//
JANUARY: INITIAL STANDING 22.915 MILLION OZ FOLLOWED BY TODAY’S 1.185 MILLION OZ QUEUE JUMP//NORMAL STANDING ADVANCES TO 49.445 MILLION OZ// TO WHICH WE ADD OUR FIRST EXCHANGE FOR RISK OF 0.100 MILLLION OZ//NEW STANDING ADVANCES TO 49.545 MILLION OZ
FEB: 13.399 MILLION OZ IS OUR INITIAL STANDING FOR SILVER! TO WHICH WE ADD OUR NEXT QUEUE JUMP FOR 5,000 OZ AND THEN ADD OUR 3 EXCHANGE FOR RISK FOR 3.010 MILLION OZ STANDING ADVANCES TO 28.190 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
APRIL 2026: INITITAL AMOUNT OF SILVER STANDING 7.120 MILLION OZ FOLLOWED BY TODAY’S 5,000 OZ QUUE JUMP //NEW STANDING ADVANCES TO 16.565MILLION OZ PLUS 1.165 MILLION OZ EXCHANGE FOR RISK.NEW TOTALS 17.730 MILLION OZ
MAY: INITIAL AMOUNT OF SILVER WILLING TO STAND; 31.495 MILLION OZ/ TO WHICH WE ADD OUR NEXT EXCHANGE FOR PHYSICAL JUMP OF 15,000 OZ//NEW STANDING REDUCES TO 32.070 MILLION OZ//(FOLLOWING MANY EXCHANGE FOR PHYSICAL TRANSFERS TO LONDON DURING THIS MAY DELIVERY MONTH). THERE SEEMS TO BE A SCARCITY OF SILVER OVER AT THE COMEX). THEN WE ADD OUR FIRST EXCHANGE FOR RISK OF 51 CONTRACTS FOR 255,000 OZ//STANDING ADVANCES TO 32.325 MILLION OZ//
JUNE: INITIAL AMOUNT OF SILVER WILLING TO STAND: 10.935 MILLION OZ PLUS OUR NEXT QUEUE JUMP OF 0 OZ//NEW STANDING REMAINS AT: 12.015 MILLION OZ
GOLD//OUTLINE
1.MAY SUMMARY FOR MAY TONNES WHICH STOOD FOR DELIVERY:
4. AUGUST: 60.547 TONNES OF INITIAL GOLD FIRST DAY NOTICE FOLLOWED BY THE NET MONTH’S QUEUE JUMP OF 47.2312 TONNES TO WHICH WE ADD THE FOLLOWING EXCHANGE FOR RISK ISSUANCE RECEIVED FOR THE MONTH: 5.4432 TONNES EX FOR RISK/AUG 7 , AUG 11: 2.413 TONNES EX FOR RISK AND AUG. 12 OF 2.
5.SEPT: INITIAL 8.093 TONNES OF GOLD PLUS TODAY’S QUEUE JUMP OF 0.4883 TONNES PLUS 2.2827 TONNES OF EXCHANGE FOR RISK TODAY//NEW TOTAL EX. FOR RISK/MONTH = 22.923//NEW TOTAL STANDING FOR GOLD SEPT ADVANCES TO = 48.801 TONNES!!
6.OCTOBER: 90.012 TONNES OF INITIAL GOLD STANDING WITH TODAY’S TINY 0.00311 TONNES QUEUE JUMP WHICH FOLLOWS ALL OTHER QUEUE JUMPS DURING OCT OF 76.1656 TONNES
THEN WE MUST ADD OUR 14.553 TONNES OF OUR ISSUANCE OF EXCHANGE FOR RISK/6 OCCASIONS//NEW TOTAL OF GOLD STANDING ADVANCES TO 197.5141 TONNES OF GOLD.
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
9. JANUARY: INITITAL STANDING: 13.785 TONNES TO WHICH WE ADD OUR FIRST EXCHANGE FOR PHYSICAL TRANSFER OF 0.08709 TONNES WHICH FOLLOWS ALL OTHER QUEUE JUMPS OF 30.7117TONNES //NEW TOTAL QUEUE JUMPS 30.7117//NORMAL DELIVERY OF GOLD ADVANCES TO 36.8958 TONNES TO WHICH WE ADD OUR SIX EXCHANGE FOR RISK OF 22.315 TONNES//NEW STANDING ADVANCES TO 59.2108 TONNES.
FEB; INITIAL AMOUNT OF GOLD STANDING FOR DELIVERY: 93.567 TONNES OF GOLD TO WHICH WE ADD OUR NEXT 0.0248 TONNES 0.1555 TONNES QUEUE JUMP TO 41.2082 TONNES/ NEW NET QUEUE JUMP INCREASES TO 41.233 TONNES// AND THEN WE ADD OUR SIX EXCHANGE FOR RISK: 10,080 CONTRACTS OR 31.251 TONNES//NEW STANDING REDUCES TO 157.878 TONNES
MARCH:: INITIAL AMOUNT OF GOLD STANDING FOR DELIVERY: 8.099 TONNES TO WHICH WE ADD TODAY’S FAIR 4600 OZ QUEUE JUMP (0.2320 TONNES) AND THEN WE ADD OUR THREE EXCHANGE FOR RISK OF 22.3818 TONNES //NEW STANDING ADVANCES TO 67.6648 TONNES/
APRIL: INITIAL AMOUNT OF GOLD STANDING FOR DELIVERY: 52.600 TONNES FOLLOWED BY OUR 345 CONTRACT QUEUE JUMP FOR 34,500 OZ/ (1.073 TONNES)/NEW STANDING ADVANCES TO 70.286 TONNES TO WHICH WE ADD OUR 2ND EXCHANGE FOR RISK OF 1498 CONTRACTS FOR 149800 OZ OR 4.659 TONNES. THE NEW TOTAL EXCHANGE FOR RISK FOR THE MONTH OF APRIL IS 2239 CONTRACTS OR 223900 OZ OR 6.964 TONNES AND THIS WILL BE ADDED TO OUR NORMAL DELIVERY TOTALS (70.762 TONNES) TO GIVE US WHAT WILL STAND IN APRIL (77.726 TONNES)
MAY: INITIAL AMOUNT OF GOLD WILLING TO STAND: 12.24 TONNES OF GOLD TO WHICH WE ADD OUR NEXT QUEUE JUMP OF 345 CONTRACTS OR 34500 OZ (1.073 TONNES) TO WHICH WE ADD OUR FIVE EXCHANGE FOR RISK ISSUANCES FOR 24.635 TONNES/STANDING NOW ADVANCES TO 51.554 TONNES OF GOLD.
JUNE; INITIAL AMOUNT OF GOLD WILLING TO STAND; 64.496 TONNES.(CME CORRECTED) TO WHICH WE ADD OUR NEXT 3.965 TONNES OF A QUEUE JUMP/NEW STANDING ADVANCES TO 11.171 TONNES
STANDING FOR THE LAST 5 MONTHS JANUARY TO MAY:
FINAL STANDING FOR GOLD, JANUARY CONTRACT AT 59.2108 TONNES OF GOLD
FEBRUARY: INITIAL STANDING FOR GOLD: 157.878 TONNES!! WHICH INCLUDES ALL QUEUE JUMPING, THREE EXCHANGE FOR PHYSICAL TRANSFERS TO LONDON AND OUR SIX ISSUANCES EXCHANGE FOR RISK!!
MARCH: INITIAL STANDING AT 8.099 TONNES TO WHICH WE ADD OUR FINAL DAY: 0.2320 TONNES QUEUE JUMP AND THEN ADD +22.3818 TONNES EXCHANGE FOR RISK//NEW STANDING ADVANCES TO 67.6648 TONNES
APRIL: INITIAL STANDING 52.600 TONNES PLUS 27,800 OZ QUEUE JUMP (0.8648TONNES): NEW STANDING ADVANCES TO 70.286 TONNES PLUS OUR TWO EXCHANGE FOR RISK FOR 223,900 OZ OR 6.964 TONNES/NEW STANDING: 77.726 TONNES
MAY: INITIAL AMOUNT OF GOLD WILLING TO STAND; 12.24 TONNES TO WHICH WE ADD OUR NEXT QUEUE JUMP FOR 345 CONTRACTS/34,500 OZ// 1.073 TONNES/ THEN WE MUST ADD OUR EXCHANGE FOR RISK ISSUANCE: TOTAL EXCHANGE FOR RISK MAY// 5 OCCASIONS: 24.635 TONNES///NEW STANDING NOW ADVANCES TO 51.554 TONNES
JUNE: INITIAL AMOUNT OF GOLD WILLING TO STAND: 64.496 TONNES TO WHICH WE ADD OUR NEXT QUEUE JUMP OF 3.965TONNES//NEW STANDING ADVANCES TO 110.171 TONNES
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
JULY : 150.877 TONNES// QUITE SMALL
AUGUST: 175.86 TONNES A LOT LARGER THIS MONTH.
SEPT. 116.13 TONNES VERY SMALL
OCT. 252.72 TONNES//CERTAINLY MUCH LARGER THIS MONTH/VERY STRONG
NOV: 124.74 TONNES
DEC: 190.04 TONNES//GOOD SIZED THIS MONTH FINAL.
TOTAL EXCHANGE FOR PHYSICAL ISSUED FOR YEAR 2025: 2,026.20 TONNES (LOWER THAN LAST YR 2,569.00 TONNES
JANUARY: 209.08 TONNES ( (WILL BE A STRONG MONTH FOR EXCHANGE FOR PHYSICAL)
FEB. 176.35 TONNES (WHICH IS A FAIR ISSUANCE)
MARCH: 214.67 TONNES//WILL BE STRONG ISSUANCE THIS MONTH
APRIL; 88.00 TONNES// WILL BE VERY SMALL THIS MONTH
MAY 118.430 TONNES
JUNE: 81.359 TONNES
HERE IS A BRIEF SYNOPSIS OF HOW THE CROOKS FLEECE UNSUSPECTING LONGS
YOU WILL ALSO NOTICE THAT THE COMEX OPEN INTEREST STARTS TO RISE BUT SOIS 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
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:
SILVER:
1.TODAY WE HAD THE OPEN INTEREST AT THE COMEX IN SILVER ROSE BY A VERY STRONG 639 CONTRACTS TO AN OI OF 108,114.
EFP ISSUANCE 209 CONTRACTS
OUR CUSTOMARY MIGRATION OF COMEX LONGS CONTINUE TO MORPH INTO LONDON FORWARDS AS OUR BANKERS USED THEIR EMERGENCY PROCEDURE TO ISSUE:
JULY 209 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 639 CONTRACTS AND ADD TO THE 209 E.FP. ISSUED
WE OBTAIN A HUGE GAIN OF 926 OI OPEN INTEREST CONTRACTS FROM OUR TWO EXCHANGES WITH OUR GAIN OF $3.28
THUS IN OUNCES, THE GAIN ON THE TWO EXCHANGES TOTALS 4.240 MILLION PAPER OZ
OCCURRED WITH OUR GAIN IN PRICE.OF $3.28
2.ASIAN AFFAIRS JUNE 16 /2025
SHANGHAI CLOSED DOWN 4.58 PTS OR 0.11%
HANG SENG CLOSED DOWN 348.72 PTS OR 1.40%
Nikkei CLOSED UP 148.50 PTS OR 0.21%
//Australia’s all ordinaries CLOSED UP 1.348%
//Chinese yuan (ONSHORE) CLOSED UP TO 6.7566
/ OFFSHORE CLOSED UP AT 6.7573 Oil DOWN TO 78.48 dollars per barrel for WTI and BRENT DOWN TO 81.27 Stocks in Europe OPENED ALL GREEN
ONSHORE USA/ YUAN// WITH YUAN TRADING UP (6.7566) OFFSHORE YUAN TRADING UP TO 6.7573 ONSHORE YUAN TRADING ABOVE LEVEL OF OFF SHORE AND UP ON THE DOLLAR// / AND THUS STRONGER/OFF SHORE YUAN TRADING UP AGAINST US DOLLAR/ AND THUS STRONGER
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1. COMEX DATA//AMOUNTS STANDING//VOLUME OF TRADING/INVENTORY MOVEMENTS
LET US BEGIN:
THE TOTAL COMEX GOLD OPEN INTEREST ROSE BY A SMALL 250 CONTRACTS TO 339.376 RISING FROM ITS NEW LOW OF 326,052 OI SET JUNE 3, SURPASSING THE PREVIOUS ALL TIME LOW OF 345,705 SET (MAY 28) AND SURPASSING THE PREVIOUS ALL TIME LOW IN OI OF 353,490 SET MAY 27.. 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 326,052 //JUNE 3 2026 WITH GOLD AT AN EXTREMELY HIGH $4,450.00 WHICH MAKES ABSOLUTELY NO SENSE!!!
WE HAD NO T.A.S. LIQUIDATION DURING MONDAY’S TRADING JUNE 15!!. IT SEEMS THAT SOME OF THE SPECULATORS CONTINUED AGAIN TO GO MASSIVELY ON THE SHORT SIDE BUT WITH THE BANKERS NOW TAKING THE LONG SIDE,AND CENTRAL BANKS SUPPLYING THE NECESSARY PAPER, AS WELL AS COVERING THEIR SHORTFALL.
CENTRAL BANKS ALSO TENDERED THEIR NEW LONG CONTRACTS AT THE END OF THE DAY FOR PHYSICAL GOLD. YOU CAN VISUALIZE THIS WITH THE STRONG AMOUNT OF GOLD STANDING AT THE COMEX FOR THIS JUNE CONTRACT MONTH!!
THE FAIR SIZED GAIN ON OUR TWO EXCHANGES OCCURRED WITH OUR HUGE GAIN IN PRICE IN GOLD (UP $111.10) AS THE SPECS BAILED.
WE THUS HAD A FAIR SIZED GAIN IN OI ON BOTH OF OUR EXCHANGES, THE COMEX AND LONDON’S EXCHANGE FOR PHYSICAL EQUATING TO 2975 CONTRACTS (OR 9.253 TONNES) WITH OUR HUGE GAIN IN PRICE, AS WE WERE INFORMED OF A FAIR CONTRACT EXCHANGE FOR PHYSICAL ISSUANCE, EQUATING TO 1896 CONTRACTS.
THEN WE WERE NOTIFIED TODAY OF A 0 CONTRACT FOR RISK ISSUANCE IN GOLD CONTRACTS FOR 0 OZ OR 0 TONNES OF GOLD. ON FRIDAY, BY FAR WE HAD THE HIGHEST EVER EXCHANGE FOR RISK EVER ISSUED AT ONE TIME BEATING THE PREVIOUS SINGLE HIGHEST ISSUE BY ONE TONNE. THUS MAY 22 RECORDS THE HIGHEST EVER EXCHANGE FOR RISK AT 12.4416 TONNES. WE HAD OUR FIRST ISSUANCE FOR EXCHANGE FOR RISK IN THE MONTH OF MAY ON MAY 7, THEN OUR 2ND ISSUANCE FOR OUR MAY GOLD MONTH ON MAY 12. THE THIRD ON MAY 18 , THEN MAY 21 OUR 4TH ISSUANCE AND THEN FINALLY FRIDAY, OUR 5TH ISSUANCE. THIS GOLD WILL BE ADDED TO OUR NORMAL MAY DELIVERIES TO GIVE US OUR FINAL AMOUNT OF GOLD WILLING TO STAND AT THE COMEX..
HISTORY OF EXCHANGE FOR RISK ISSUANCE THIS YEAR: FEBRUARY THROUGH MAY
FEBRUARY:
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).
MARCH:
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;: 2 EXCHANGE FOR RISK SO FAR, I.E. 2239 CONTRACTS FOR 223,900 OZ OR 6.964 TONNES AND THIS TOTAL TONNES WILL BE ADDED TO OUR NORMAL DELIVERY TO GIVE US WHAT WILL STAND IN APRIL
MAY: FIVE ISSUANCES SO FAR FOR 7920 CONTRACTS OR 792,000 OZ OR 24.635 TONNES.
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A LITTLE HISTORY OF EXCHANGE FOR RISK DECEMBER THROUGH TO MAY:
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.
MONTH OF JANUARY/EXCHANGE FOR RISK
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.
AND FEBRUARY:
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 146+ 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.
MARCH: CME ANNOUNCES ITS FIRST EXCHANGE FOR RISK FOR 2000 CONTRACTS FOR 200,000 OZ OR 6.22 TONNES OF GOLD DURING THE FIRST WEEK OF MARCH, AND THEN MONDAY, MARCH 22, WE RECEIVED ITS SECOND NOTICE ISSUANCE OF 2200 CONTRACTS OR 220000 OZ (6.843 TONNES). THEN FINALLY WE RECEIVED NOTICE OF OUR THIRD EXCHANGE FOR RISK OF 2996 CONTRACTS OR 9.3188 TONNES. TOGETHER ALL 3 ISSUANCES TOTAL 22.3818 TONNES WHICH WILL BE ADDED TO OUR NORMAL DELIVERY SCHEDULE.
APRIL: 2 EXCHANGE FOR RISK SO FAR FOR 223,900 OZ OR 6.964 TONNES. AND THIS TOTAL WILL BE ADDED TO OUR NORMAL DELIVERY TO GIVE US WHAT WILL STAND FOR APRIL!!
MAY: FIVE ISSUANCES SO FAR FOR 7920 CONTRACTS, 792,000 OZ OR 24.635 TONNES OF GOLD. THIS TOTAL WILL BE ADDED TO OUR NORMAL DELIVERIES IN MAY TO GIVE US WHAT WILL STAND IN MAY.
JUNE: ZERO SO FAR
DETAILS ON OUR NEW JUNE COMEX CONTRACT MONTH//
IN TOTAL WE HAD A FAIR GAIN ON OUR TWO EXCHANGES OF 2975 CONTRACTS WITH OUR HUGE GAIN IN PRICE ($111.10). 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 THEIR 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 JUNE/ 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 FAIR SIZED T.A.S ISSUANCE CONTRACTS .THE CME NOTIFIES US THAT THEY HAVE ISSUED 957 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
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. APRIL HAD 2 EXCHANGE FOR RISK ISSUANCES FOR 6.694 TONNES. AND NOW MAY WITH ITS 5TH ISSUANCE FOR 12.4436 TONNES///TOTAL EXCHANGE FOR RISK FOR MAY: 24.635 TONNES ISSUED MAY 6 ,MAY 12, MAY 18 MAY 21 AND NOW MAY 22..
JUNE: ZERO SO FAR.
WE MUST ALSO REMEMBER THAT THE FRBNY IS SHORT 146+ TONNES OF GOLD, THIS COMMENCED ON JAN 2 2023 AS THEY REFUSE TO COVER DESPITE THE BIS’S PLEA TO DO SO. WE WILL KNOW IN JUNE WHETHER THEY COVERED ANY OF THEIR SHORTFALL.
HERE IS A SUMMARY OF GOLD STANDING FOR DELIVERY ON OUR LAST 12 MONTHS:
1.APRIL AT 209 TONNES
2. AND THIS CONTINUED INTO MAY WITH FINAL STANDING AT 90.23 TONNES.
3. JUNE WHICH IS A HUGE DELIVERY MONTH , FINAL STANDING WAS RECORDED AT A STRONG 93.085 TONNES. //(TOTAL NET QUEUE JUMPING FOR THE JUNE MONTH: 31.027 TONNES.)
4. IN JULY WE HAD HUGE DELIVERY NOTICES ESPECIALLY FOR A NON ACTIVE DELIVERY MONTH WITH INITIAL STANDING AT 17.947 TONNES PLUS MANY QUEUE JUMPS + 3.75 TONNES EX FOR RISK = 41.106 TONNES OF GOLD // FINAL TOTAL TONNES STANDING JULY: 41.106 TONNES
5. FOR THE MONTH OF AUGUST:
INITIAL AMOUNT OF GOLD STANDING FOR AUGUST: 60.547 TONNES PLUS THE MONTHS HUGE QUEUE JUMPS OF 47.2312 TONNES +44.696 TONNES EX FOR RISK (7 ISSUANCES) //NEW STANDING 152.208 TONNES WHICH IS MONSTROUS!!!
6. FINAL AMOUNT OF GOLD STANDING FOR SEPT; INITIAL STANDING; 2,602 CONTRACTS OR 260,200 OZ FOR 8.093 TONNES OF GOLD FOLLOWED BY TODAY’S 0.4883 TONNES QUEUE JUMP TO GO ALONG WITH TODAY’S 1.244 TONNES OF EXCHANGE FOR RISK ISSUANCE TODAY AND // TOTAL EXCHANGE FOR RISK ISSUANCE SEPT: 22.923 TONNES//NEW TOTALS STANDING ADVANCES TO 48.801 TONNES OF GOLD!!!
7. OCTOBER:
OCTOBER: INITIAL STANDING FOR GOLD: 90.164 TONNES TO WHICH WE ADD OUR LATEST OCT 30 QUEUE JUMP OF 0.00311 TONNES WHICH FOLLOWS OCT 29 QUEUE JUMP OF .4096 WHICH FOLLOWS; OCT 28 QUEUE JUMP OF .5069 TONNES WHICH FOLLOWS OCT 27 OF 0.3048 TONNES WHICH FOLLOWS: OCT 24 OF 0.8615 TONNES, FOLLOWING OCT 23 QUEUE JUMP OF 1.695 TONNES OCT 22 JUMP OF 8.622 TONNES WHICH FOLLOWS OCT 21: 3.8600 TONNES TO OCT 20 QUEUE JUMP OF 7.695 TONNE
SUMMARY FOR OCTOBER STANDING:
NOVEMBER WHERE INITIAL AMOUNT OF GOLD STANDING IS REGISTERED AT 15.651 TONNES OF GOLD FOLLOWED BY TODAY’S QUEUE JUMP OF 2 TONNES AND FOLLOWED BY ALL OTHER NOV QUEUE JUMPS OF 21.3775 TONNES TO WHICH WE ADD OUR TWO EXCHANGE FOR RISK ISSUANCE FOR 4.5596 TONNES.
/STANDING ADVANCES TO 43.9716 TONNES OF GOLD.
DECEMBER: INITIAL AMOUNT OF GOLD STANDING FOR DELIVERY IN THIS ACTIVE MONTH IS 83.813 TONNES FOLLOWED BY TODAY’S 0.05 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
JANUARY: INITITAL STANDING: 13.785 TONNES TO WHICH WE ADD OUR QUEUE JUMP OF 0.000 TONNES WHICH FOLLOWS ALL OTHER QUEUE JUMPS OF 30.7117TONNES //NEW TOTAL QUEUE JUMPS 30.7117//NORMAL DELIVERY OF GOLD ADVANCES TO 36.8958 TONNES TO WHICH WE ADD OUR SIX EXCHANGE FOR RISK OF 22.315 TONNES//NEW STANDING ADVANCES TO 59.2108 TONNES.
FEBRUARY: . FEBRUARY: INITIAL STANDING: 93.566 TONNES TO WHICH WE ADD OUR NEXT QUEUE JUMP OF 0.0248 TONNES WHICH MUST BE ADDED ALL OTHER QUEUE JUMPS OF 41.2087 TONNES QUEUE JUMP//TOTAL QUEUE JUMP FOR FEB::ADVANCES TO 41.233 TONNES///STANDING ADVANCES TO 126.628 TONNES TO WHICH WE ADD OUR SIX EXCHANGE FOR RISK OF 31.251 TONNES/NEW STANDING RISES TO 157.879 TONNES
MARCH: INITIAL STANDING FOR GOLD: 8.099 TONNES TO WHICH WE ADD OUR NEXT QUEUE JUMP OF 0.2320 TONNES AND THEN WE ADD OUR THREE EXCHANGE FOR RISK OF 22.3818 TONNES////NEW STANDING FOR GOLD ADVANCES TO: 67.6648TONNES WHICH IS ABSOLUTELY HUGE FOR A NON ACTIVE DELIVERY MONTH!!
APRIL 2026: INITIAL STANDING FOR GOLD: 52.20 TONNES FOLLOWED BY TODAY’S SMALL 500 OZ QUEUE JUMP/ TO WHICH WE ADD OUR TWO EXCHANGE FOR RISK ISSUANCES TOTALLING 223,900 OZ OR 6.964 TONNES//STANDING ADVANCES TO 77.726 TONNES WHICH IS ABSOLUTELY HUGE
MAY: INITIAL AMOUNT OF GOLD WILLING TO STAND: 12.24 TONNES OF GOLD TO WHICH WE ADD OUR NEXT HUGE QUEUE JUMP OF 34,500 OZ (1.073 TONNES) TO WHICH WE ADD OUR FIVE EXCHANGE FOR RISK ISSUANCE FOR 792,000 OZ OR 24.635 TONNES////NEW TOTALS STANDING FOR GOLD ADVANCES TO 51.554 TONNESS
JUNE: INITIAL AMOUNT OF GOLD WILLING TO STAND: 64.496 TONNES TO WHICH WE ADD OUR NEXT HUGE QUEUE JUMP OF 3.965 TONNES//NEW STANDING ADVANCES TO 110.171 TONNES// TOTAL QUEUE JUMPING FOR THE MONTH; 45.675 TONNES OR AVERAGING 3.806 TONNES PER DAY IN JUNE.
HERE ARE THE AMOUNTS THAT STOOD FOR DELIVERY IN THE PRECEDING 48 MONTHS 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: 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
(TOTAL YEAR 656.076 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
TOTAL 2023 YEAR : 436.546 TONNES
2024/STANDING FOR GOLD/COMEX
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
COMEX GOLD TRADING BEGINNING JUNE,. CONTRACT;
THE SPECS/HFT WERE UNSUCCESSFUL IN LOWERING GOLD’S PRICE( IT ROSE BY $111.10)
WE HAD NO T.A.S. SPREADER LIQUIDATION MONDAY // COMEX SESSION// WITH OUR HUGE GAIN IN PRICE , OUR LONG SPECULATORS STILL REMAIN RELENTLESS POURING INTO THE COMEX
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
MONDAY NIGHT//TUESDAY MORNING
THE CROOKS COULD NOT STOP OTHER CENTRAL BANK LONGS, SEIZING THE MOMENT, THEY EXERCISED AGAIN FOR PHYSICAL IN A BIG WAY TENDERING FOR PHYSICAL MONDAY EVENING TUESDAY MORNING AND THUS OUR HUGE NUMBER OF GOLD CONTRACTS STANDING FOR DELIVERY AT THE COMEX. CENTRAL BANKERS WAIT PATIENTLY FOR THE GOLD
ALL OF THIS WAS ACCOMPLISHED WITH OUR GAIN IN PRICE TO THE TUNE OF $111.10
WE HAD 824 CONTRACTS REMOVED FROM THE COMEX TRADES TO OPEN INTEREST (CROOKS)//PRELIMINARY TO FINAL.
NET GAIN ON THE TWO EXCHANGES: 2975 CONTRACTS OR 297,500 OZ (9.253 TONNES)
MAY DELIVERY MONTH
JUNE 16
JUNE 16
| Gold | Ounces |
| Withdrawals from Dealers Inventory in oz | nil |
| Withdrawals from Customer Inventory in oz | 1 ENTRIES i) LOOMIS: 10,127.665 oz (315 kilobars) total withdrawal 10,127.565 oz |
| Deposit to the Dealer Inventory in oz | 0 ENTRY |
| Deposits to the Customer Inventory, in oz | DEPOSITS/CUSTOMER//gold ENTRIES: 0 xxxxxxxxxxxxxxxx |
| No of oz served (contracts) today | 1433 CONTRACTS OR 143,00 OZ 4.457 TONNES OF GOLD |
| No of oz to be served (notices) | 67 Contracts 6700 OZ 0.2083 TONNES |
| Total monthly oz gold served (contracts) so far this month | 35,353 notices 3,535,300 oz 109.962 TONNES |
| Total accumulative withdrawals of gold from the Dealers inventory this month | NIL oz |
| Total accumulative withdrawal of gold from the Customer inventory this month |
dealer deposits: 0
0 ENTRY
DEPOSITS/CUSTOMER
ENTRIES: 0
xxxxxxxxxxxxxxxxxx
comex withdrawal
1 ENTRIES
i) LOOMIS: 10,127.665 oz
(315 kilobars)
total withdrawal 10,127.565 oz
adjustments: 0//
COMEX IS DRAINING GOLD
chaos inside the comex
THE FRONT MONTH OF JUNE OI STANDS AT 1500 CONTRACTS HAVING A GAIN OF 569 CONTRACTS.
WE HAD 706 CONTRACTS SERVED ON MONDAY, SO WE GAINED A MONSTER 1275 CONTRACTS OR 127,500 OZ. (3.965 TONNES) EXERCISED A MASSIVE QUEUE JUMP WHERE THEY WILL TAKE PHYSICAL GOLD ON THIS SIDE OF THE POND. THIS IS NO DOUBT CENTRAL BANKS STANDING FOR PHYSICAL GOLD.
JULY LOST 108 CONTRACTS DOWN TO 3243 CONTRACTS.
AUGUST LOST 1035 CONTRACTS UP TO AN OI OF 263,715
.
We had 1433 contracts filed for today representing 143,300oz
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 1433 contract(s) of which 0 notices were stopped (received) by j.P. Morgan dealer and 57 notice(s) was (were) stopped (received) by J.P.Morgan//customer account
To calculate the INITIAL total number of gold ounces standing for JUNE. /2026. contract month, we take the total number of notices filed so far for the month (35,353) to which we add the difference between the open interest for the front month of JUNE(1500 CONTRACTS) minus the number of notices served upon today 1433 x 100 oz per contract) equals 3,535,300 OZ OR (110.171 Tonnes of gold)
THUS: INITIAL total number of gold ounces standing for JUNE. /2026. contract month, we take the total number of notices filed so far for the month (35,353) to which we add the difference between the open interest for the front month of JUNE( 1500 CONTRACTS) minus the number of notices served upon today 1433 x 100 oz per contract) equals 3,535,000 OZ OR (110.171Tonnes of gold)
new total of gold standing in JUNE becomes 110.171 TONNES//
TOTAL COMEX GOLD STANDING FOR JUNE 110.171 TONNES TONNES WHICH IS NOW REALLY HUGE FOR THIS ACTIVE DELIVERY MONTH OF JUNE.
confirmed volume MONDAY confirmed 148,100// poor// many have left the arena
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: 1,730,178.612 oz 53.816 tonnes pledged gold lowers
total inventories in gold declining rapidly
total pledged gold: 1,730,178.612 tonnes oz 53.816 tonnes
TOTAL OF ALL GOLD ELIGIBLE AND REGISTERED GOLD 27,939,320.751oz
TOTAL REGISTERED GOLD 15,422,462.129 tonnes (479.70 tonnes)
TOTAL OF ALL ELIGIBLE GOLD 12,516,458.622oz//eligible gold leaving hand over fist
REGISTERED GOLD THAT CAN BE SERVED UPON 13,692,284oz ((REG GOLD- PLEDGED GOLD)=
425.887 Tonnes //
total inventories in gold declining rapidly
SILVER COMEX
JUNE DELIVERY MONTH
JUNE 16
| Silver | Ounces |
| Withdrawals from Dealers Inventory | NIL oz |
| Withdrawals from Customer Inventory | 1 entries i) Out of JPMorgan: 600,424.300 oz total withdrawal: 600,424.300 oz |
| Deposits to the Dealer Inventory | 1 entries i) Into CNT dealer: 668,932.450 OZ TOTAL DEPOSIT: 668,932.450 oz |
| Deposits to the Customer Inventory | DEPOSIT ENTRIES/CUSTOMER ACCOUNT TWO ENTRIES i) Into Asahi: 535,883.270 oz ii) Into Loomis 599,862.130 oz total deposit: 1,134,945.330 oz |
| No of oz served today (contracts) | 212 CONTRACT(S) (1.060 MILLION OZ) |
| No of oz to be served (notices) | 10 Contract (50,000 oz) |
| Total monthly oz silver served (contracts) | 2393 contracts 11.965 MILLION oz |
| Total accumulative withdrawal of silver from the Dealers inventory this month | NIL oz |
| Total accumulative withdrawal of silver from the Customer inventory this month |
DEPOSITS INTO DEALER ACCOUNTS
TWO ENTRIES
i) Into Asahi: 535,883.270 oz
ii) Into Loomis 599,862.130 oz
total deposit: 1,134,945.330 oz
DEPOSIT ENTRIES/CUSTOMER ACCOUNT
ENTRY:1
ONE ENTRY
i)Into CNT 599,451.400 oz
total deposit 599,451.400 oz
xxxxxxxxxxxxxxxxxxxxxxxxx
withdrawals: customer side/eligible
1 entries
i) Out of JPMorgan: 600,424.300 oz
total withdrawal: 600,424.300 oz
adjustments
1 entry
customer to dealer CNT 415,823.290 oz
xxxxxxxxxxxxxx
TOTAL REGISTERED SILVER: 86.273 MILLION OZ//.TOTAL REG + ELIGIBLE. 321.159 Million oz
registered silver dropping in numbers
CALCULATIONS FOR THE NEW STANDING FOR SILVER FOR JUNE
silver open interest data:
FRONT MONTH OF JUNE /2026 OI: 222 OPEN INTEREST CONTRACTS FOR A LOSS OF 0 CONTRACTS.
WE HAD 0 NOTICES SERVED ON MONDAY SO WE NEITHER GAINED NOR LOST ANY CONTRACTS OR AN ADDITIONAL 0 OZ WILL STAND AS A QUEUE JUMP AT THE SILVER COMEX.
JULY SAW A LOSS OF 3529 CONTRACTS DOWN TO 45,478 CONTRACTS.
AUGUST SAW A GAIN 0F 7 CONTRACTS UP TO 860…
TOTAL NUMBER OF NOTICES FILED FOR TODAY: 212 or 1.060 MILLION OZ oz
CONFIRMED volume MONDAY; 62.919// fair
XXX
AND NOW JUNE. DELIVERIES:
To calculate the number of silver ounces that will stand for delivery in JUNE. we take the total number of notices filed for the month so far at 2393 X5,000 oz = 11.965 MILLION oz
to which we add the difference between the open interest for the front month of JUNE(222) AND the number of notices served upon today (212 )x (5000 oz)
Thus the standings for silver for the JUNE 2026 contract month: (2393 )Notices served so far) x 5000 oz + OI for the front month of JUNE ( 222) minus number of notices served upon today (212)x 5000 oz equals silver standing for the JUNE..contract month equating to 12.015 MILLION OZ.+
We must also keep in mind that there is considerable silver standing in London coming from our longs
There are ONLY 86.273 million oz of registered silver
JPMorgan as a percentage of total silver: 139.079/321.159 million: 43.30%
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
JUNE 16 /2026/WITH GOLD UP $4.45 TODAY/NO CHANGES IN GOLD AT THE GLD: //// ./ //:/INVENTORY RESTS AT 1013.640 TONNES
JUNE 15 /2026/WITH GOLD UP $111.10 TODAY/NO CHANGES IN GOLD AT THE GLD: //// ./ //:/INVENTORY RESTS AT 1013.640 TONNES
JUNE 12 /2026/WITH GOLD UP $123.30 TODAY/NO CHANGES IN GOLD AT THE GLD: //// ./ //:/INVENTORY RESTS AT 1013.640 TONNES
JUNE 11 /2026/WITH GOLD DOWN $15.15 TODAY/HUGE CHANGES IN GOLD AT THE GLD: A WITHDRAWAL OF 2.855 TONNES OF GOLD FROM THE GLD//// ./ //:/INVENTORY RESTS AT 1013.640 TONNES
JUNE 10 /2026/WITH GOLD DOWN $153.05 TODAY/HUGE CHANGES IN GOLD AT THE GLD: A WITHDRAWAL OF 3.426 TONNES OF GOLD FROM THE GLD//// ./ //:/INVENTORY RESTS AT 1016.495 TONNES
JUNE 9 /2026/WITH GOLD DOWN $75.60 TODAY/NO CHANGES IN GOLD AT THE GLD:// ./ //:/INVENTORY RESTS AT 1019.921 TONNES
JUNE 8 /2026/WITH GOLD DOWN $3.05 TODAY/HUGE CHANGES IN GOLD AT THE GLD:A MASSIVE WITHDRAWAL OF 6.936 TONNES OF GOLD FROM THE GLD// ./ //:/INVENTORY RESTS AT 1019.921 TONNES
JUNE 5 /2026/WITH GOLD DOWN $134;85 TODAY/NO CHANGES IN GOLD AT THE GLD: ./ //:/INVENTORY RESTS AT 1026.857 TONNES
JUNE 4 /2026/WITH GOLD UP $39.25 TODAY/HUGE CHANGES IN GOLD AT THE GLD:A WITHDRAWAL OF 1.143 TONNES OF GOLD FROM THE GLD// ./ //:/INVENTORY RESTS AT 1026.857 TONNES
JUNE 3 /2026/WITH GOLD DOWN $51.80 TODAY/HUGE CHANGES IN GOLD AT THE GLD:A WITHDRAWAL OF 0.856 TONNES OF GOLD FROM THE GLD// ./ //:/INVENTORY RESTS AT 1028.000 TONNES
JUNE 2 /2026/WITH GOLD UP $7.45 TODAY/HUGE CHANGES IN GOLD AT THE GLD:A WITHDRAWAL OF 3.712 TONNES OF GOLD FROM THE GLD// ./ //:/INVENTORY RESTS AT 1028.856 TONNES
JUNE 1 /2026/WITH GOLD DOWN $79.30 TODAY/NO CHANGES IN GOLD AT THE GLD: ./ //:/INVENTORY RESTS AT 1032.568 TONNES
MAY 29 /2026/WITH GOLD UP $59.20 TODAY/HUGE CHANGES IN GOLD AT THE GLD: A WITHDRAWAL OF 2.285 TONNES OF GOLD FROM THE GLD ./ //:/INVENTORY RESTS AT 1032.568 TONNES
MAY 28 /2026/WITH GOLD UP $52.00 TODAY/NO CHANGES IN GOLD AT THE GLD: ./ //:/INVENTORY RESTS AT 1034.853 TONNES
MAY 27 /2026/WITH GOLD DOWN $51.00 TODAY/NO CHANGES IN GOLD AT THE GLD: ./ //:/INVENTORY RESTS AT 1034.853 TONNES
MAY 26 /2026/WITH GOLD DOWN $25.45 TODAY/HUGE CHANGES IN GOLD AT THE GLD:A WITHDRAWAL OF 1.9988 TONNES OUT OF THE GLD ./ //:/INVENTORY RESTS AT 1034.853 TONNES
MAY 22 /2026/WITH GOLD DOWN $13.45 TODAY/NO CHANGES IN GOLD AT THE GLD: ./ //:/INVENTORY RESTS AT 1036.851 TONNES
MAY 21 /2026/WITH GOLD UP $7.60 TODAY/NO CHANGES IN GOLD AT THE GLD: ./ //:/INVENTORY RESTS AT 1036.851 TONNES
GLD INVENTORY: 1013/64 TONNES, TONIGHTS TOTAL GOLD INVENTORY
SILVER
JUNE 16 WITH SILVER DOWN $0.13: SMALL CHANGES IN SILVER INVENTORY AT THE SLV: A DEPOSIT OF 0.362 MILLION OZ INTO THE SLV /./ // :INVENTORY RESTS AT 481.388 MILLION OZ
JUNE 15 WITH SILVER UP $3.25: HUGE CHANGES IN SILVER INVENTORY AT THE SLV: A WITHDRAWAL OF 1.357 MILLION OZ OUT THE SLV /./ // :INVENTORY RESTS AT 481.026 MILLION OZ
JUNE 12 WITH SILVER UP $3.34: HUGE CHANGES IN SILVER INVENTORY AT THE SLV: A WITHDRAWAL OF 0.769 MILLION OZ OUT THE SLV /./ // :INVENTORY RESTS AT 482.383 MILLION OZ
JUNE 11 WITH SILVER DOWN $0.12: SMALL CHANGES IN SILVER INVENTORY AT THE SLV: A WITHDRAWAL OF 0.226 MILLION OZ OUT THE SLV /./ // :INVENTORY RESTS AT 483.152 MILLION OZ
JUNE 10 WITH SILVER DOWN $0.50: HUGE CHANGES IN SILVER INVENTORY AT THE SLV: A WITHDRAWAL OF 0.909 MILLION OZ OUT THE SLV /./ // :INVENTORY RESTS AT 483.378 MILLION OZ
JUNE 9 WITH SILVER DOWN $3.35: HUGE CHANGES IN SILVER INVENTORY AT THE SLV: A DEPOSIT OF 1.407 MILLION OZ INTO INTO THE SLV /./ // :INVENTORY RESTS AT 484.287 MILLION OZ
JUNE 8 WITH SILVER DOWN $0.52: HUGE CHANGES IN SILVER INVENTORY AT THE SLV: A WITHDRAWAL OF 543,000 OZ FROM THE SLV /./ // :INVENTORY RESTS AT 482.880 MILLION OZ
JUNE 5 WITH SILVER DOWN $4.86: NO CHANGES IN SILVER INVENTORY AT THE SLV /./ // :INVENTORY RESTS AT 483.423 MILLION OZ
JUNE 4 WITH SILVER UP $0.52: HUGE CHANGES IN SILVER INVENTORY AT THE SLV >> A WITHDRAWAL OF 1.432 MILLION OZ FROM THE SLV/./ // :INVENTORY RESTS AT 483.423 MILLION OZ
JUNE 3 WITH SILVER DOWN $2.55: NO CHANGES IN SILVER INVENTORY AT THE SLV >> /./ // :INVENTORY RESTS AT 483.423 MILLION OZ
JUNE 2 WITH SILVER UP $0.25: HUGE CHANGES IN SILVER INVENTORY AT THE SLV >> A WITHDRAWAL OF 1.2222 MILLION OZ FROM THE SLV/./ // :INVENTORY RESTS AT 484.855 MILLION OZ
JUNE 1 WITH SILVER DOWN $0.52: HUGE CHANGES IN SILVER INVENTORY AT THE SLVA WITHDRAWAL OF 1.9 MILLION OZ FORM THE SLV/./ // :INVENTORY RESTS AT 486.077 MILLION OZ
MAY 29 WITH SILVER DOWN $0.03: NO CHANGES IN SILVER INVENTORY AT THE SLV/ // :INVENTORY RESTS AT 487.977 MILLION OZ
MAY 28 WITH SILVER UP $1.02: NO CHANGES IN SILVER INVENTORY AT THE SLV/ // :INVENTORY RESTS AT 487.977 MILLION OZ
MAY 27 WITH SILVER DOWN $1.61: HUGE CHANGES IN SILVER INVENTORY AT THE SLV: A WITHDRAWAL OF 1.176 MILLION OZ OUT OF THE SLV/ // :INVENTORY RESTS AT 487.977 MILLION OZ
MAY 26 WITH SILVER DOWN $0.14: HUGE CHANGES IN SILVER INVENTORY AT THE SLV: A DEPOSIT OF 1.131 OF 0.315 MILLION OZ INTO THE SLV/ // :INVENTORY RESTS AT 489.153 MILLION OZ
MAY 22 WITH SILVER DOWN $0.26: SMALL CHANGES IN SILVER INVENTORY AT THE SLV: A WITHDRAWAL OF 0.315 MILLION OZ FROM THE SLV/ // :INVENTORY RESTS AT 488.022 MILLION OZ
MAY 21 WITH SILVER UP $0.64: NO CHANGES IN SILVER INVENTORY AT THE SLV:/ // :INVENTORY RESTS AT 488.338 MILLION OZ
CLOSING INVENTORY 481.388 MILLION OZ OF SILVER
GOLD COMMENTARIES:
1.PETER SCHIFF
2. MATHEW PIEPENBERG/EGON VON GREYERZ
ALASDAIR MACLEOD.
.
3. CHRIS POWELL AND HIS GATA DISPATCHES
5. COMMODITY REPORT//ALUMINIUM/SULFUR
YOUR EARLY CURRENCY VALUES/GOLD AND SILVER PRICING/ASIAN AND EUROPEAN BOURSE MOVEMENTS/AND INTEREST RATE SETTINGS TUESDAY MORNING.7:30 AM
SHANGHAI CLOSED DOWN 4.58 PTS OR 0.11%
HANG SENG CLOSED DOWN 348.72 PTS OR 1.40%
Nikkei CLOSED UP 148.50 PTS OR 0.21%
//Australia’s all ordinaries CLOSED UP 1.348%
//Chinese yuan (ONSHORE) CLOSED UP TO 6.7566
/ OFFSHORE CLOSED UP AT 6.7573 Oil DOWN TO 78.48 dollars per barrel for WTI and BRENT DOWN TO 81.27 Stocks in Europe OPENED ALL GREEN
ONSHORE USA/ YUAN// WITH YUAN TRADING UP (6.7566) OFFSHORE YUAN TRADING UP TO 6.7573 ONSHORE YUAN TRADING ABOVE LEVEL OF OFF SHORE AND UP ON THE DOLLAR// / AND THUS STRONGER/OFF SHORE YUAN TRADING UP AGAINST US DOLLAR/ AND THUS STRONGER
XXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXX
YOUR EARLY CURRENCY VALUES/GOLD AND SILVER PRICING/ASIAN AND EUROPEAN BOURSE MOVEMENTS/AND INTEREST RATE SETTINGS TUESDAY MORNING.7:30 AM
ONSHORE YUAN: CLOSED UP 6.7566
OFFSHORE YUAN: UP TO 6.7573
1.HANG SANG CLOSED DOWN 348.72 PTS OR 1.40%
2. Nikkei closed UP 148.50 PTS OR 0.21%
WEST TEXAS INTERMEDIATE OIL DOWN TO 78.81
BRENT; 81.27
3. Europe stocks SO FAR: ALL GREEN
USA dollar INDEX DOWN TO 99.28/// EURO RISES TO 1.1605 UP 14 BASIS PTS
3b Japan 10 YR bond yield:RISES TO. +2.647 UP 7 FULL BASIS PTS/ VERY TROUBLESOME//Japan buying 100% of bond issuance)/Japanese YEN vs USA CROSS NOW AT 160.323… JAPANESE YEN NOW FALLING AS WE HAVE NOW REACHED THE ENDING OF THE YEN CARRY TRADE AGAIN AND THE REPATRIATION OF YEN DENOMINATED BONDS TRADING IN THE USA/EUROPE. JAPAN 30 YR BOND YIELD: 3.775 UP 3 FULL BASIS PTS
3c Nikkei now ABOVE 17,000
3d USA/Yen rate now well ABOVE the important 120 barrier this morning
3e Gold UP /JAPANESE Yen DOWN CHINESE ONSHORE YUAN: UP( 6.7566 AND OFFSHORE: UP AT 6.7573
3f Japan is to buy INFINITE TRILLION YEN worth of BONDS. Japan’s GDP equals 5 trillion USA
Japan to buy 100% of all new Japanese debt and NOW they will have OVER 50% of all Japanese debt.
3g Oil DOWN for WTI and BRENT DOWN this morning
3h European bond buying continues to push yields LOWER on all fronts in the EMU. German 10yr bund YIELD DOWN TO +2.9313// Italian 10 Yr bond yield DOWN to 3.645// SPAIN 10 YR BOND YIELD DOWN TO 3.3520%
3i Greek 10 year bond yield DOWN TO 3.592%
3j Gold at $4345.35 //Silver at: 70.57 1 am est) SILVER NEXT RESISTANCE LEVEL AT $100.00
3k USA vs Russian rouble;// Russian rouble UP 0 AND 7/ 100 roubles/72.16
3m oil (WTI) into the 78 dollar handle for WTI and 81 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 160.14 // 10 YEAR YIELD AFTER FIRST BREAKING .54% LAST YEAR NOW EXCEEDS THAT LEVEL TO 2.647% UP 7 BASIS PTS STILL ON CENTRAL BANK (JAPAN) INTERVENTION//YEN CARRY TRADE NOW UNWINDING//YEN BOND TRADING OVERSEAS REPATRIATED.//JAPAN 30 YR: 3.775 UP 3 PTS..: USA/SF this 0.7948 as the Swiss Franc . Euro vs SF: 0.9223
USA 10 YR BOND YIELD: 4.437 DOWN 3 BASIS PTS…
USA 30 YR BOND YIELD: 4.952 DOWN 2 BASIS PTS/
USA 2 YR BOND YIELD: 4.050 DOWN 2 BASIS PTS
USA DOLLAR VS TURKISH LIRA: 46.30 UP 2 BASIS PTS/LIRA GETTING KILLED//IDIOTS FOR SELLING GOLD AND USA DOLLAR RESERVES.
10 YR UK BOND YIELD: 4.7909 DOWN 2 PTS
30 YR UK BOND YIELD: 5.506 DOWN 3 BASIS PTS
10 YR CANADA BOND YIELD: 3.413 UP 1 BASIS PTS
5 YR CANADA BOND YIELD: 3.044 DOWN 0 BASIS PTS.
1b) European opening report
1c Asian opening report
2.NORTH AND SOUTH KOREA AND JAPAN
SOUTH KOREA
JAPAN
3 CHINA
CHINA
4. EUROPEAN AND SCANDINAVIAN COMMENTARIES PLUS NATO
ITALY
5. RUSSIAN AND MIDDLE EASTERN AFFAIRS//
ISRAEL/USA VS IRAN//TUESDAY NIGHT
USA VS IRAN//WEDNESDAY
ISRAEL TBN
END
HEZBOLLAH
RUSSIA VS UKRAINE
6/.GLOBAL ISSUES, COVID ISSUES, VACCINE INJURIES/HEALTH ISSUES
GLOBAL ISSUES
MARK CRISPIN MILLER
Vanessa Trump continuing breast cancer treatment; Ken McNickle (Survivor) has cancer; Simone Biles “almost died” (?); UK: comic Bobby Davro has prostate cancer; footie Sir Kenny Dalglish has cancer
NO: Crown Princess Mette-Marit’s “health has deteriorated”; DE: footie Christian Eriksen collapses on the pitch (again); NI: governorship candidate Doris Ogala collapses, rushed to hospital; much more
| Mark Crispin MillerJun 16 |  |
A survey of the likely global toll of COVID “vaccination,” based on the reports collected by our worldwide team of researchers this past week.
To help support our work, consider subscribing or making a donation.
Celebs
UNITED STATES
Vanessa Trump says she is beginning second stage of breast cancer treatment
June 13, 2026
Vanessa Trump said Saturday she is beginning the second stage of breast cancer treatment after spending the past four weeks recovering from surgery.
News from Underground by Mark Crispin Miller is a reader-supported publication. To receive new posts and support my work, consider becoming a free or paid subscriber.
In an Instagram post, Trump, the ex-wife of Donald Trump Jr., said she was “grateful to be healing and moving forward.”
“Sending love, strength, and hope to everyone fighting this battle,” she said.
The 48-year-old mother of five first announced her breast cancer diagnosis in May, saying she was working closely with her medical team on a treatment plan.
Survivor Star Ken McNickle, 43, Reveals Cancer Diagnosis After Ignoring Serious Symptoms
June 4, 2026
Survivor star Ken McNickle has been diagnosed with cancer. On Monday, June 1, the 43-year-old – who was the season 33 runner-up of the reality competition series – posted a photo on Instagram of him sitting in the hospital, and shared his health news. In the caption, McNickle said that he contemplated not sharing his diagnosis publicly, but ultimately decided that it could help others. He also vowed to share more moving forward. Although McNickle didn’t provide any specifics about what type of cancer he has, he posted a follow-up video detailing some of the symptoms he experienced and the warning signs he ignored. “I waited almost a year until my skin was tearing open to get this checked. And had I gone in sooner it would have been a simple procedure, not a 3-inch hole in my chest,” he said. “I waited for almost three months seeing blood fill the stool every morning before getting it checked out and confirmed that my insides were tearing open. And I waited until that lump on my testes had grown to the size of the other two before getting it checked.”
Ashley Cooke Diagnosed with Life-Threatening Brugada Syndrome
June 6, 2026
Country music singer Ashley Cooke revealed that she has been diagnosed with Brugada syndrome, a rare and potentially life-threatening genetic heart rhythm condition. The 28-year-old artist shared the health news in a TikTok video following a year of major career success mixed with severe health updates. “It’s a genetic thing called Brugada syndrome,” said Cooke. “A lot of my family members have passed away unexpectedly, very healthy and very young, from it. So it’s very scary.” The singer detailed her ongoing medical management, noting that she underwent multiple electrocardiograms to secure the diagnosis. Cooke is currently collaborating with a cardiologist to gather additional information regarding her cardiac health.
Longtime Opry Announcer Needs Heart and Kidney Transplant After Medical Emergency
June 2, 2026
Bill Cody [71], the longtime announcer at the Grand Ole Opry, is in need of some help. The Country Radio Hall of Famer was admitted to the ICU three weeks ago after being diagnosed with heart and kidney failure, according to his daughter, Hannah. WSM Radio, the radio home of the Grand Ole Opry, shared a message from Hannah on Instagram. She stated that her father’s only chance for survival is a heart and kidney transplant. Bill had passed all the necessary health tests to clear him for the transplant. But on Saturday night, his health took a turn for the worse. Doctors had to intubate Bill and place him on artificial life support. His heart’s strength has weakened severely, and he needs an Extracorporeal Membrane Oxygenation (ECMO), a machine that pumps blood outside the body, adds oxygen, and returns it to the body, helping his lungs and heart function. Being on ECMO also carries risks for the Grand Ole Opry announcer. It increases the chance of stroke, blood clots, and possible infections. Despite these risks, staying on ECMO is necessary for Bill to qualify for a possible double transplant.
Former broadcaster John Kucko faces brain tumor diagnosis
June 2, 2026
A week ago, John Kucko was looking forward to the wedding of his younger daughter, Caroline, 25. Two days later, like a bolt out of the blue, he was diagnosed with a brain tumor. This week, he’ll undergo more tests at the University of Rochester [NY] Medical Center and sometime after that, surgery. The 61-year-old explained that early on May 26, after capturing images of “one of the most beautiful rainbows I’ve ever seen at Letchworth State Park, I left home for the Rochester area. And in the blink of an eye, my life changed.” While on I-390 North in Henrietta, Kucko had a seizure, which led to a crash. The single-car wreck left him with fractured ribs and a bruised left shoulder, but he was otherwise OK, and no bystanders were hurt, “Thank God,” he said. There was a brief moment when Kucko could feel himself helplessly going down an embankment. “I knew the windshield was cracking, and I was going down somewhere into a green area,” he said. “Then I faded out again. I did not feel hurt.” He has only a vague memory of being extricated from his car and no memory of being in the Strong Emergency Department.
Researcher’s note – Casts and crews on productions will have to show proof of COVID booster [sic] shots under updated guidelines: Link
Simone Biles reveals she almost died
June 7, 2026
On her Instagram story, [Olympic gymnast Simone] Biles [29] shared vague details about the experience, without recounting any specifics, with the background just being a photo of her hand. “I’m not one to normally share things like this because I value privacy in today’s age. But almost dying wasn’t on my bingo card this week,” Biles wrote. “This was one of, if not the scariest experience of my life, especially since Jonathan was in Indy for practices. I’ve been in bed resting this week. I’ll explain sooner or later, but [shoutout] to my close circle who reached out, checked in, visited & or sent flowers.”
UNITED KINGDOM
Bobby Davro diagnosed with prostate cancer
June 2, 2026
The 67-year-old comedian had no prior symptoms before a friend encouraged him to get checked out. Bobby then had a Prostate-Specific Antigen (PSA) test, which helps check for the disease or an enlarged prostate. Appearing on Tuesday’s (02.06.26’s) episode of ITV’s This Morning, he told hosts Ben Shephard, 51, and Cat Deeley, 49, as well as 46-year-old resident doctor Zoe Williams: “My doctor told me mine was a bit swollen, so I had the PSA test, and it was 24, which wasn’t good at all.” A couple of days later, the “fantastic” National Health Service (NHS) got Bobby to have a biopsy to “check out where it is, and it was intermediate”. The EastEnders alum added: “So I said to the urologist, ‘Does this mean it’s terminal?’, because that’s the first thing you think of when you have cancer. “And he said, ‘No, you’ll be buying Christmas presents for many years to come.’” Bobby admitted the good news “made me cry” because it was “such a relief” to hear it was not terminal.
Sir Kenny Dalglish reveals he is undergoing cancer treatment
June 2, 2026
Sir Kenny Dalglish has revealed that he is undergoing treatment for cancer. The former Liverpool player and manager, now 75, said he had shared a post on social media which had mistakenly included information about his diagnosis. In a subsequent post, he wrote: “As my inadvertent social media post has indicated, I am currently undergoing treatment for cancer. Unlike my mobile phone use, the treatment is going well. Ideally, this would have remained private because that’s the way it should be, but my useless technology skills have forced my hand. I did not mean to make this matter public so I would appreciate it if the privacy of my family and myself are respected.”
NORWAY
Norwegian Crown Princess Mette-Marit spotted at hospital, shortly after husband and daughter returned early from abroad
June 4, 2026
Mette-Marit [52} was spotted by Norwegian media as she entered the Rikshospitalet in the capital, Oslo, accompanied by Crown Prince Haakon. The couple was driven to the hospital by their daughter, Ingrid-Alexandra. In the early evening, images were captured of the Crown Princess leaving the hospital together with her husband and daughter. They had spent several hours there. The Palace has not issued an official statement regarding the matter. The images taken at the hospital sparked concern, as it has become apparent in recent days that Mette-Marit’s health has deteriorated. Both her husband, Haakon, and her daughter, Ingrid-Alexandra, returned unexpectedly early from abroad to be by her side. Haakon was in Japan for a four-day visit but cut the trip short by one day. “It is important to be with Mette. She is not doing well,” the Crown Prince said upon his unexpectedly early departure. “She has a progressive disease, and unfortunately, her condition has worsened.”
DENMARK
Christian Eriksen collapses on the pitch again during a friendly match; Danish FA issues update: “He is doing well now”
June 7, 2026
Danish footballer Christian Eriksen [34] suddenly collapsed during a friendly match against Ukraine. Players from both teams gathered around him, and medical assistance arrived quickly. Initial reports indicate that he is conscious. Christian Eriksen previously suffered heart problems during a match five years ago, at the European Championship. “He is doing well, considering the circumstances,” the Danish Football Association stated.
ITALY
Sinner in hospital: medical checks following illness at Roland Garros
June 8, 2026
Medical check-ups for Jannik Sinner [24]. On the morning of Monday, June 8, the tennis player went to the San Raffaele hospital in Milan for scheduled examinations, following the illness he suffered at Roland Garros. The world number one is expected to leave the San Raffaele facility (IRCCS) this evening, though he may return tomorrow to continue the check-ups. The new tests aim to clarify the situation regarding the malaise he experienced during the tournament in France–an episode that led to the Italian champion’s second-round elimination by Juan Manuel Cerundolo. The Italian player had suffered from heatstroke, causing vomiting and the onset of cramps; his Argentine opponent–who was trailing by two sets and down 5-–1 in the third-managed to stage a comeback and win the match in the fifth set. Earlier last week, Sinner had visited JMedical—a facility in Turin owned by Juventus–for tests. After his defeat in Paris, Sinner flew to Nice before returning to Monte Carlo. From there, he booked a room at the JHotel for two nights, deciding to undergo immediate testing to investigate the causes of his illness. Now comes the stop in Milan. The tennis player is in the Diamante Pavilion, known for having hosted several hospital stays for Forza Italia leader Silvio Berlusconi, including the final one prior to his death at the Milanese research hospital on June 12, 2023.
NIGERIA
AAC governorship candidate Doris Ogala hospitalised after losing consciousness
June 6, 2026
Nollywood actress and African Action Congress (AAC) governorship candidate for Abia State, Doris Ogala [40], has been hospitalised after reportedly losing consciousness and being rushed to the Federal Medical Centre (FMC), Umuahia, for urgent medical attention. Reports of Ogala’s sudden collapse surfaced on Friday, with claims that the actress lost consciousness and had to be rushed to hospital for treatment. Although details surrounding the exact cause of the incident were not immediately disclosed, the actress later confirmed that she had indeed suffered a health emergency. She also assured supporters that her condition had improved considerably following medical intervention. “I was rushed to FMC Umuahia. I lost consciousness. Glory to God, I am stabilised now,” she stated.
NEW ZEALAND
Strict health shake-up for Devilskin’s frontwoman
June 3, 2026
Auckland – A recent osteoarthritis diagnosis means Jennie Skulander, lead singer of Hamilton metal band Devilskin, has to be stricter about her health. Skulander has spent more than two decades fronting one of New Zealand’s most successful metal acts and it has started to take a toll, she tells RNZ’s Culture 101. “I’ve just been diagnosed with osteoarthritis of my jaw. So, I’ve got to do a few things differently now, well, actually, a lot of things differently now. It’s just trying to look after yourself. And it’s also, everything’s got to be down to a T. I’ve given up drinking a lot of alcohol, I’ve cut right down on caffeine, I’ve tried to make sure that sleep is my main priority.” It’s necessary to keep her pipes in working order, she says. “The more tired you are, the worse your voice is going to sound the next day.”
No age reported.
Noah Jensen determined to earn Warriors spot after overcoming blood disorders, bone marrow transplant
June 3, 2026
Auckland – A promising teenage rugby league player is determined to chase his NRL dream following a remarkable return to the field, just months after being diagnosed with two rare blood disorders and undergoing a bone marrow transplant. Last August, Noah Jensen’s life was turned upside down when he was diagnosed with paroxysmal nocturnal haemoglobinuria (PNH), an ultra–rare blood disorder that destroys red blood cells – New Zealand has an estimated 22 cases – as well as aplastic anaemia, a condition where the body stops producing enough new blood cells and which affects about 10 Kiwis each year. The conditions are closely linked bone marrow disorders. Approximately 50% of people who have aplastic anaemia have PNH and it typically affects people in their 30s and 40s, meaning Jensen was well below the average age of diagnosis. Following the diagnosis, his dream of playing in the NRL appeared to be slipping away amid the uncertainty and severity of his condition, with no guarantee he would ever return to the field. However, after spending months in hospital, undergoing intensive treatment and a bone marrow transplant, the 19-year-old made his comeback last month for the Point Chevalier Pirates reserve side, before earning a call–up to the club’s Fox Memorial Premiership team over King’s Birthday weekend. “There was a sense of accomplishment getting back on the field,” Jensen told the Herald. “I trained for eight weeks and it felt great being back out there.” While the NRL remains the long-term goal, Jensen plans to use the remainder of the Auckland club season to continue building his fitness and refining his game. He is targeting a return for the Warriors’ Jersey Flegg side pre-season, with the hope of being ready to play in 2027.
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DR PAUL ALEXANDER.
RABOBANK/MICHAEL EVERY/OR OR PICTON/GIFFIN OR RABOBANK EXECUTIVE/COMMENTARY ON WORLDLY AFFAIRS
7. OIL AND NATURAL GAS//ENERGY COMMENTARIES
8. EMERGING MARKETS//AUSTRALIA NEW ZEALAND ISSUES
U.S./GOLD AND SILVER PRICING/ASIAN CLOSING MARKETS AND EUROPEAN BOURSE OPENING AND CLOSING/ INTEREST RATE SETTINGS TUESDAY MORNING 6;30AM//OPENING AND CLOSING
OPENING LEVELS OF CURRENCIES// AND CLOSING ASIAN STOCK MARKET AND OPENING EUROPEAN STOCKS:6 AM EST
EURO VS USA DOLLAR: 1.1605 UP 0.0014
USA/ YEN 160.328 UP 0.084 NOW TARGETS INTEREST RATE AT 1.75% AS IT WILL BUY UNLIMITED BONDS TO GETS TO THAT LEVEL…//YEN STILL FALLS//END OF YEN CARRY TRADE BEGINS AGAIN DEC 2024/Bank of Japan raises rates by .25% TO 1.75 ..TAKAICHI NEW PM AS YIELDS RISE//JAPAN DEEPLY IN TROUBLE WITH RISING RATES AND A FALLING YEN!!
GBP/USA 1.3418 UP 0.0003 OR 3 BASIS PTS
USA/CAN DOLLAR: 1.4004 UP 0.0011 //CDN DOLLAR DOWN 11 BASIS PTS//
Last night Shanghai COMPOSITE CLOSED DOWN 4.58 PTS OR 0.11%
Hang Seng CLOSED DOWN 348.72 PTS OR 1.40%
AUSTRALIA CLOSED UP 1.34%
// EUROPEAN BOURSE: ALL GREEN
Trading from Europe and ASIA
I) EUROPEAN BOURSES: ALL GREEN
2/ CHINESE BOURSES / :Hang SENG CLOSED DOWN 348.72 PTS OR 1.40%
/SHANGHAI CLOSED DOWN 4.58 OR 0.11%
AUSTRALIA BOURSE CLOSED UP 1.34%
(Nikkei (Japan) CLOSED UP 148.50 PTS OR 0.21%
INDIA’S SENSEX IN THE GREEN
Gold very early morning trading: $4342.05
silver:$70.48
USA DOLLAR VS TRY (TURKISH LIRA): 46.30 PLUS 2 BASIS PTS AND NOW WE SEE THEIR STUPIDITY OF SELLING SOME OF THEIR GOLD AND ALL OF THEIR USA DOLLAR RESERVES. THE COUNTRY IS IN BIG FINANCIAL TROUBLE
USA DOLLAR VS RUSSIAN ROUBLE: 72.16 ROUBLE// DOWN 0 ROUBLE AND 7 BASIS PTS. WOULD YOU BELIEVE THAT THE RUSSIAN ROUBLE AND THE ISRAEL SHEKEL ARE THE STRONGEST CURRENCIES BESIDES THE DOLLAR .
UK 10 YR BOND YIELD: 4.7909 DOWN 2 BASIS PTS
UK 30 YR BOND YIELD: 5.506 DOWN 3 BASIS PTS
CDN 10 YR BOND YIELD: 3.413 UP 1 BASIS PTS
CDN 5 YR BOND YIELD; 3.044 DOWN 0 BASIS PTS
USA dollar index early TUESDAY MORNING: 99.36 DOWN 2 BASIS POINTS FROM MONDAY’s CLOSE
TUESDAY MORNING NUMBERS ENDS
And now your closing TUESDAY NUMBERS 10.00 AM
Portuguese 10 year bond yield: 3.259% DOWN 4 in basis point(s) yield
JAPANESE BOND 10 yr YIELD: +2.6540% UP 8 FULL POINTS BASIS POINTS /JAPAN losing control of its yield curve/
JAPAN 30 YR: 3.782 UP 3 BASIS PTS//
SPANISH 10 YR BOND YIELD: 3.358 DOWN 2 in basis points yield
ITALY 10 YR BOND: 3.647 DOWN 3 points in basis points yield ./ THE ECB IS QE’ ING ITALIAN BONDS (
GERMAN 10 YR BOND YIELD: 2.9343 DOWN 2 BASIS PTS
IMPORTANT CURRENCY CLOSES : MID DAY TUESDAY
Closing currency crosses for day /USA DOLLAR INDEX/USA 10 YR BOND YIELD/10:00 AM
Euro/USA 1.1600 UP 0.0009 OR 9 basis points
USA/Japan: 160.37 UP 0.126 OR YEN IS DOWN 13 BASIS PTS// HIGHLY INFLATIONARY TO JAPAN
Great Britain 10 YR RATE 4.8000 DOWN 2 BASIS POINTS //
GREAT BRITAIN 30 YR BOND; 5.512 DOWN 3 BASIS POINTS.
Canadian dollar DOWN 17 BASIS pts to 1.4010
xxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxx
The USA/Yuan CNY UP TO 6.7565// ON SHORE ..
THE USA/YUAN OFFSHORE// CNH UP TO 6.7568
TURKISH LIRA: 46.30 PLUS 2 EXTREMELY DANGEROUS LEVEL/DEATH WATCH/HYPERINFLATION TO BEGIN.//
Your closing 10 yr US bond yield DOWN 2 in basis points from MONDAY at 4.447.% //trading well ABOVE the resistance level of 2.27-2.32%)
USA 30 yr bond yield 4.955 DOWN 2 basis points /10:00 AM
USA 2 YR BOND YIELD: 4.071 UP 2 BASIS PTS.
GOLD AT 10;00 AM 4338.00
SILVER AT 10;00: 70.50
Your 11:00 AM bourses for Europe and the Dow along with the USA dollar index closing and interest rates TUESDAY CLOSING TIME 10:00 AM///
London: CLOSED UP 63.59 PTS OR 0,61%
GERMAN DAX: CLOSED UP 16.40 OR 0.09%
FRANCE: CLOSED UP 63.26 PTS PTS PTS OR 0.75%
Spain IBEX CLOSED UP 131.60 PTS OR 0.69 %
Italian MIB: CLOSED UP 596.61 PTS OR 1.15%
WTI Oil price 77.64 10.00 EST/
Brent Oil: 80.33 10:00 EST
USA /RUSSIAN ROUBLE /// AT: 72.48 ROUBLE DOWN 0 AND 4 / 100
CDN 10 YEAR RATE: 3.389 UP 2 BASIS PTS.
CDN 5 YEAR RATE: 3.029 UP 2 BASIS PTS
CLOSING NUMBERS: 4 PM
Euro vs USA 1.1607 UP 0.0016 OR 16 BASIS POINTS//
British Pound: 1.3424 UP 0.0009 OR 9 basis pts/
BRITISH 10 YR GILT BOND YIELD: 4.784 DOWN 4 FULL BASIS PTS//
BRITISH 30 YR BOND YIELD: 5.487 DOWN 4 IN BASIS PTS.
JAPAN 10 YR YIELD: 2.635 UP 6 FULL BASIS PTS (DANGEROUS TO THEIR ECONOMY
JAPANESE 30 YR BOND: 3.767 UP 2 PTS AND STILL VERY DANGEROUS TO THEIR ECONOMY
USA dollar vs Japanese Yen: 160.450 UP 0.207 OR YEN DOWN 21 BASIS PTS//GETTING CLOSER TO 160.00
USA dollar vs Canadian dollar: 1.3997 UP 0.0005 PTS// CDN DOLLAR DOWN 5 BASIS PTS
West Texas intermediate oil: 79.73
Brent OIL: 79.73
USA 10 yr bond yield DOWN 5 BASIS pts to 4.4421
USA 30 yr bond yield: DOWN 4 PTS to 4.928%
USA 2 YR BOND 4.047 DOWN 2 PTS
CDN 10 YR RATE 3.385 DOWN 3 BASIS PTS
CDN 5 YEAR RATE: 3.027 DOWN 2 BASIS PTS
USA dollar index: 99.30 DOWN 2 BASIS POINTS
USA DOLLAR VS TURKISH LIRA: 46.30 GETTING QUITE CLOSE TO BLOWING UP/IDIOTS SOLD GOLD
USA DOLLAR VS RUSSIA//// ROUBLE: 73.22 DOWN 1 AND 80/100 roubles //
GOLD $4336.00 3:30 PM)
SILVER: 70.11 3;30 PM)
XX
DOW JONES INDUSTRIAL AVERAGE: UP 3238.64 OR 0.64%
NASDAQ 100 DOWN 575.79 PTS OR 1.89%
VOLATILITY INDEX 16.16 DOWN 0.25 PTS OR 0.04%
GLD: $ 397.63 UP 1.08 PTS OR 0.27%
SLV/ $63.39 PTS DOWN 0.09 OR OR 0.13%
TORONTO STOCK INDEX// TSX INDEX: CLOSED UP 113.94 PTS 0.32%
end
TRADING today ZEROHEDGE 4 PM: HEADLINE NEWS/TRADING
Big-Tech, Bond Yields, & Black Gold Dump Ahead Of Warsh’s Big Day
WRAP UP;
Stocks mixed as tech hits indices while oil continues to slump – Newqsuawk US Market Wrap
Tuesday, Jun 16, 2026 – 04:21 PM
- SNAPSHOT: Equities mixed, Treasuries up, Crude down, Dollar down, Gold up
- REAR VIEW: US says Iran can sell oil/fuel immediately after deal is signed; Trump said Iran deal can survive even if Israel strikes Lebanon; CIA Director reportedly warned Trump that US intel doubts Iran’s willingness to make key nuclear concessions; Qatar to restore half of its LNG output a month after the Strait of Hormuz opens; BoJ hikes as expected, RBA holds; US Housing Starts hit lowest level since May 2020; US import and export prices come in hot; Chinese Retail Sales miss; SPCX to acquire Anysphere for $60B; MSFT reportedly weighs Deepseek for Copilot cowork.
- COMING UP: Data: Japanese Trade Balance (May), UK Inflation Report (May), ECB Wage Tracker (Jun), EU Inflation Final (May), US Retail Sales (May), Atlanta Fed GDP (Q2), New Zealand GDP (Q1). Events: Riksbank Policy Announcement, Fed Policy Announcement, BCB Policy Announcement, IEA OMR. Speakers: ECB’s Cipollone, Lagarde; Riksbank’s Thedeen; Fed’s Warsh. Supply: Australia, Germany.
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MARKET WRAP
Stocks were mixed on Tuesday, with the Nasdaq the clear laggard as the recent weakness in Technology continued. The Tech sector fell around 2%, weighing on both the Nasdaq and S&P 500, while the Dow Jones was the only major index to finish in positive territory. The Russell 2000 also saw notable selling pressure. Sector performance was broadly positive outside of Technology, with Financials and Industrials leading gains and helping support the Dow.
The pressure in Technology comes after several sessions of profit-taking in AI-related names. The weakness in mega-cap and semiconductor names outweighed the broader improvement in risk sentiment stemming from developments in the Middle East.
Energy prices continued to slump in the wake of the US-Iran agreement. Further downside was seen after reports that QatarEnergy expects to restore half of its LNG output within a month of the Strait of Hormuz reopening, with production expected to reach 80% of capacity within two months. The Wall Street Journal also reported that the US will allow Iran to immediately resume oil and fuel exports under the agreement, adding further pressure to the crude complex. While some details of the deal remain disputed by Iranian media, the broad direction of travel points towards increased energy supply and a gradual normalisation of flows through Hormuz. The full agreement is expected to be released when formally signed on Friday.
In FX, the Dollar softened modestly alongside lower Treasury yields as declining energy prices helped ease inflation concerns. JPY and AUD were little changed following their respective central bank decisions (BoJ 25bps hike, RBA hold), which matched expectations, while US data had a limited impact despite a sharp decline in housing starts and firmer-than-expected import and export prices.
Treasuries broadly tracked the collapse in oil prices, with yields moving lower across the curve as investors pared inflation risk premia. Market focus is now firmly on Wednesday’s FOMC decision and Chair Warsh’s first press conference. The USD 13bln 20-year bond auction was notably strong, although it generated little reaction in Treasury futures.
Elsewhere, SpaceX (SPCX) continued its recent rally and overtook Amazon (AMZN) in market capitalisation.
US
HOUSING STARTS/BUILDING PERMITS: Housing starts for May tumbled 15.4% M/M to 1.177mln from 1.392mln, way beneath the expected 1.430mln. Single-family starts fell 1.9% and multi-family plunged 40.2%. Building permits fell 0.7% to 1.413mln from 1.423mln, but also shy of the forecasted 1.420mln. Single-family permits rose 0.6% with multi-family down 2.8%. Oxford Economics writes that just as the pace of housing starts in March and April overstated the strength in housing activity, the plunge in May overstates any weakness, as the decline in starts was mostly due to a 40% dive fall in the multifamily sector, where, based on permits, some rebound is likely in June. Ahead, OxEco expects starts to move sideways until later in the year when they expect lower mortgage rates in response to easing inflation and Fed rate cuts to spur both home sales and starts.
IMPORT/EXPORT PRICES: US import prices rose 1.9% M/M in May (exp. 0.9%, prev. 1.9%), just shy of the top end of the forecast range and marking a second consecutive month of strong gains. Export prices increased 1.3% M/M, easing from the prior month’s 3.3% rise but remaining elevated. The sharp increase in import prices was led by higher fuel costs, though Oxford Economics notes that price pressures are also broadening into industrial supplies. Oxford adds that a more persistent source of upward pressure is coming from computer and electronics prices, reflecting strong demand for AI-related infrastructure, which it expects will keep non-fuel import price inflation elevated through the remainder of the year. On the export side, price growth moderated from April’s surge but continued to indicate firm pricing power for US exporters.
FOMC PREVIEW: : The Fed is widely expected to keep the target range for the federal funds rate unchanged at 3.50-3.75%. Economists largely expect rates to remain on hold this year, with 72 of 102 respondents in a Reuters survey conducted between June 4th and 9th seeing no rate changes through end-2026. Money market pricing had, at one stage, fully priced a rate hike by year-end amid firmer oil prices during the Iran conflict, above-target inflation, and a resilient labour market following the strong May nonfarm payrolls report. However, with the US and Iran subsequently reaching an agreement to end the conflict, which is set to be signed on Friday, and oil prices retracing sharply from their highs, markets have pared some of those expectations and currently price around 18bps of tightening by year-end, implying a 72% probability of a 25bps hike. The vote split on rates is expected to be unanimous, particularly with former Governor Miran no longer on the Board and Kevin Warsh now serving as Chair. Bank of America does not expect Warsh to advocate for a rate cut at his first meeting. For the full Newsquawk Preview, please click here.
FIXED INCOME
T-NOTE FUTURES (U6) SETTLED 9 TICKS HIGHER AT 109-30
T-notes rise across the curve, particularly the belly, as oil prices continue to slide. At settlement, 2-year -2.3bps at 4.047%, 3-year -3.1bps at 4.084%, 5-year -4.2bps at 4.151%, 7-year -5.1bps at 4.276%, 10-year -4.7bps at 4.426%, 20-year -5.1bps at 4.925%, 30-year -5.0bps at 4.924%,
THE DAY: T-notes traded higher on Tuesday as oil prices continued to plummet in the wake of the US-Iran agreement, helping ease inflation concerns and support Treasuries. Energy prices took another leg lower after reports that Qatar expects to restore half of its LNG output within one month of the Strait of Hormuz reopening, with production expected to reach 80% of full capacity within two months.
The belly outperformed on the day as attention increasingly turns to Wednesday’s FOMC decision. Focus will centre on Chair Warsh’s first press conference, with many Fed watchers not expecting him to submit SEP forecasts, either due to the limited time he has spent at the Fed or as a reflection of his scepticism towards forward guidance. Focus will centre on whether the Committee removes its easing bias from the statement, delivers a more hawkish set of economic projections and dot plots, and how Chair Warsh frames the outlook for inflation, growth, future policy and Fed reforms.
Elsewhere, US data was mixed. The weekly ADP employment measure slowed to 25.5k from 29k (revised), while housing starts fell 15%, well below expectations. Building permits, however, were broadly in line with consensus. Meanwhile, import and export prices both came in firmer than expected, although import price inflation cooled from the previous month while export prices maintained their prior pace.
The USD 13bln 20-year bond auction was notably strong, although it generated little reaction in Treasury futures. The auction stopped through by 1bp and saw a surge in indirect demand to 73.2% from 67.7%, while dealers were left with just 8.48% of the offering. The result was reminiscent of last week’s strong 10-year auction and suggests foreign demand remains healthy despite yields having retreated from their recent highs.
Central bank activity also remained elevated. Overnight, the BoJ raised rates by 25bps to 1.00% as expected. The central bank also announced it would maintain its current pace of JGB purchase reductions through early 2027 before slowing the pace of future tapering. Meanwhile, the RBA left rates unchanged in a unanimous decision, although policymakers maintained a hawkish tone and reiterated their willingness to tighten policy further if required.
SUPPLY
Notes
- US sold USD 13bln of 20-year bonds; Stopped through 1bps.
- US Treasury to sell USD 24bln of 5-year TIPS on June 18th, to settle June 30th
Bills
- US sold 6-week bills at a high rate of 3.600%, B/C 3.12x
- US to sell USD 69bln of 17-wk bills on June 17th; to sell USD 75bln of 8-wk bills and USD 70bln of 4-wk bills on June 18th; all to settle on June 23rd
STIRS/OPERATIONS
- Fed Pricing: 20bps (prev. Dec 18.7bps).
- EFFR at 3.63% (prev. 3.62%), volumes at USD 102bln (prev. USD 110bln) on June 15th
- SOFR at 3.69% (prev. 3.65%), volumes at USD 3.147tln (prev. USD 3.059tln) on June 15th
- NY Fed RRP op demand at 10.72bln (prev. 0.58bln) across 5 counterparties (prev. 8) on June 16th
- NY Fed T-Bill Purchases (1-4 month): Accepts USD 6.64bln of USD 41.07bln offered; Offer-to-cover 6.19x
CRUDE
WTI (M6) SETTLES USD 4.70 LOWER AT USD 76.05/BBL; BRENT (Q6) SETTLES USD 4.21 LOWER AT USD 78.96/BBL
The crude complex was lower and fell throughout the duration of the session amid the continued easing of Middle East tensions. Oil was once again pressured as participants continue to digest the news of the US/Iran reaching a peace agreement ahead of the formal signature on Friday. There were a couple of other bearish stories which also aided benchmarks lower. On US/Iran, updates have been frequent, but largely in line with recent reports and assumptions heading into the aforementioned signing on Friday in Switzerland.
In terms of the other news, which aided the downside, Qatar is to restore half of its LNG output a month after the Strait of Hormuz opens, with output to reach 80% of full output within two months. Then, in later trade, which a US official later confirmed, WSJ source reports noted that the US will allow Iran to immediately begin selling oil and fuel under the deal to end the war, offering Tehran an early financial incentive to wind down the conflict. The official added that Iran can only sell oil if they abide by all the points agreed to, including not interfering with the free flow of navigation in the Strait of Hormuz and not obtaining nuclear weapons. Following this, WTI and Brent fell to intra-day troughs, before bottoming out at USD 75.52-81.58/bbl and USD 78.45-83.80/bbl, respectively.
Ahead, private inventory metrics are due after-hours, with participants awaiting the latest FOMC confab on Wednesday.
EQUITIES
CLOSES: SPX -0.57% at 7,511, NDX -1.89% at 29,968, DJI +0.64% at 52,005, RUT -0.87% at 2,939
SECTORS: Technology -2.32%, Energy -0.25%, Consumer Discretionary -0.11%, Health -0.02%, Real Estate +0.18%, Consumer Staples +0.29%, Materials +0.51%, Communication Services +0.59%, Industrials +0.67%, Utilities +0.69%, Financials +1.49%.
EUROPEAN CLOSES: Euro Stoxx 50 +0.38% at 6,253, Dax 40 +0.08% at 24,915, FTSE 100 +0.61% at 10,494, CAC 40 +0.75% at 8,447, FTSE MIB +1.15% at 52,433, IBEX 35 +0.69% at 19,164, PSI -0.26% at 9,022, SMI +0.32% at 13,762, AEX -0.51% at 1,070
STOCK SPECIFICS:
- SpaceX (SPCX) is to acquire Anysphere for USD 60bln
- Mobileye Global (MBLY) launching its own robotaxi service in the US in ’27.
- Equinix (EQIX) collabs w/ Cisco (CSCO) & Nvidia (NVDA) to deploy secure AI factories across global data centre footprint.
- Yum! Brands (YUM) enters agreements to sell Pizza Hut for USD 2.7bln & board approves incremental USD 4bln buyback programme.
- Robinhood (HOOD) to lay off ~10% of its workforce
- Huntsman (HUN) agreed to merge w/ rival Olin (OLN) in an all-stock deal; deal is expected to close in H1 ‘2.
- Dave & Buster’s (PLAY): Weak quarterly results.
- Apple (AAPL) is scheduled to launch new camera airpods and introduce the 20th anniversary iPhone in late 2027.
- Microsoft (MSFT) reportedly weighs Deepseek for Copilot cowork, Axios reports.
- HPE (HPE) brings agentic AI into production with Nvidia (NVDA), delivering security, governance, scale, and sovereignty.
- Rivian (RIVN) laid off hundreds of employees on Tuesday, a move to make the business profitable as it launches a key new model, reports WSJ.
- Qualcomm (QCOM) announced Snapdragon Start to enable the next phase of personal AI devices.
- AT&T (T) has begun limiting some employees’ access to Microsoft’s Github Copilot, according to The Information, citing a person at the company.
- Microsoft (MSFT) walked away from a USD 3bln deal to lease Oracle (ORCL) cloud capacity over security concerns, Business Insider reports.
FX
USD was generally weaker against peers on Tuesday. Yields across the curve were lower amid the continued drop in oil as markets prepare for a return to pre-war Hormuz oil flows, starting from Friday. Fresh updates that added pressure to energy prices included Qatar reportedly to restore half of its LNG output a month after the Strait of Hormuz opens, and the US allowing Iran to sell oil/fuel immediately after the deal is signed. Outside of geopolitics, newsflow was light as the G7 summit ticks along. US housing starts sharply dropped 15.4% in May to a six-year low, weighed by higher mortgage rates. Meanwhile, import and export prices came in hotter-than-expected; USD was muted towards both data releases. As we await the US-Iran deal signing on Friday, the interim focus will be on Kevin Warsh’s handling of the Fed in his first press conference as Chair. Expectations are for him not to participate in the dot plot and to lean dovish; however, an open-minded approach from Warsh would surprise markets and likely act as support for the dollar. The statement will likely see the Fed easing bias language removed and a lack of forward guidance. Click here for the Newsquawk Fed Preview. DXY trades around 99.53 from an open of 99.64.
JPY and AUD were both little changed after their respective central bank rate decisions. The BoJ hiked rates as expected by 25bps to 1.00%, met with one dissenter, Asada. Tamura proposed tapering bond purchases by JPY 200bln per quarter from April 2027 onward, but the proposal was rejected by a majority vote. In the absence of Governor Ueda, Deputy Governor Uchida spoke, noting there is a risk of underlying inflation deviating upward to a level above the price target.
For AUD, the RBA held the Cash Rate at 4.35%, as expected, but warned of potential further hikes if necessary, citing persistent inflation and oil supply disruptions. In the press conference, Governor Bullock said inflation remains too high, and the board is still concerned about inflation, but in a better position. AUD saw little reaction to the rate decision. Westpac, post-RBA, retained its view that “further cash rate increases are coming… if June inflation is strong, the next hike will be August.”
Compose
USA DATA RELEASES
USA ECONOMIC REPORTS
VICTOR DAVIS HANSON
KING NEWS
SWAMP STORIES FOR YOU TONIGHT
GREG HUNTER…
harveyorganblog.com 