Developments Lead To GIGANTIC Increase In Silver Open Interest
They're trying to keep silver's price in check as demand for physical is intensifying...
by Harvey Organ of Harvey Organ Blog
JUNE 22//GOLD UP $14.00 TO $1741.00//SILVER UP 15 CENTS TO $17.79/COMEX GOLD TONNAGE STANDING; 164 TONNES/HUGE PAPER DEPOSIT OF GOLD INTO GLD OF 23.09 TONNES///JEFF BERMAN REMOVED AS ATTORNEY GENERAL OF NY// TOM LUONGO ON THE GERMAN AFFAIR: A MUST READ//CORONAVIRUS REPORTS FROM SAT TO MONDAY//GREG ABBOTT ALARMED AT RISE OF CORONAVIRUS//ALARM BELLS SOUNDING OFF WITH CHINA AND INDIA AND NORTH KOREA AND SOUTH KOREA//MAINLAND CHINA VS TAIWAN///
GOLD::$1755.00 UP $14.00 The quote is London spot price
Silver:$17.79 UP 15 CENTS//LONDON SPOT PRICE
Closing access prices: London spot
i)Gold : $1754.50 LONDON SPOT 4:30 pm
ii)SILVER: $17.71//LONDON SPOT 4:30 pm
CLOSING FUTURES PRICES: KEY MONTHS
gold premium: august /spot $15.00
silver premium July/spot 13 cents.
the gold market continues to be broken as future prices are much higher than spot prices. The comex is desperate to fix things but they have no available gold.
If one is to buy gold and or gold coins, the price is around $2800. usa per oz
and silver; $31.00 per oz//
LADIES AND GENTLEMEN: YOU ARE NOW WITNESSING FIRST HAND THE DIFFERENCE BETWEEN PAPER GOLD/SILVER AND THE REAL PHYSICAL STUFF!!
DO NOT PAY ANY ATTENTION TO WHAT THE CROOKS ARE DOING AT THE COMEX AND LONDON LBMA..PHYSICAL IS THE NAME OF THE GAME AND NOTHING ELSE
COMEX DATA
JPMorgan has been receiving gold with reckless abandon and sometimes supplying (stopping)
today RECEIVING:
NUMBER OF NOTICES FILED TODAY FOR JUNE CONTRACT: 186 NOTICE(S) FOR 18,600 OZ ( 0.5785 tonnes)
TOTAL NUMBER OF NOTICES FILED SO FAR: 52208 NOTICES FOR 5,220,800 OZ (162.388 TONNES)
SILVER
FOR JUNE
0 NOTICE(S) FILED TODAY FOR nil OZ/
total number of notices filed so far this month: 428 for 2,140,000 oz
BITCOIN MORNING QUOTE $9391 UP $93
BITCOIN AFTERNOON QUOTE.: $9575 UP 280
GLD AND SLV INVENTORIES:
WITH GOLD UP $14.00 AND NO PHYSICAL TO BE FOUND ANYWHERE:
WITH ALL REFINERS CLOSED//MEXICO ORDERING ALL MINES SHUT: WHERE ARE THEY GETTING THE "PHYSICAL"?
A MONSTROUS CRIMINAL CHANGE IN GOLD INVENTORY AT THE GLD// A DEPOSIT OF 23.09 TONNES OF GOLD
RESTS TONIGHT AT 1159.31 TONNES
GLD: 1,159.31 TONNES OF GOLD//
WITH SILVER UP A STRONG 15 CENTS TODAY: AND WITH NO SILVER AROUND
NO CHANGES IN SILVER INVENTORY AT THE SLV..STRANGE?????
RESTING SLV INVENTORY TONIGHT:
SLV: 486.454 MILLION OZ./
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Let us have a look at the data for today
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IN SILVER THE COMEX OI ROSE BY A GIGANTIC SIZED 4718 CONTRACTS FROM 177,122 UP TO 181,807, AND CLOSER TO OUR NEW RECORD OF 244,710, (FEB 25/2020. THE HUGE SIZED GAIN IN OI OCCURRED WITH OUR STRONG 22 CENT GAIN IN SILVER PRICING AT THE COMEX. IT SEEMS THAT THE GAIN IN COMEX OI IS DUE TO HUGE BANKER SHORT COVERING PLUS A FAIR EXCHANGE FOR PHYSICAL ISSUANCE, ZERO LONG LIQUIDATION, ACCOMPANYING A ZERO INCREASE IN SILVER OZ STANDING AT THE COMEX FOR JUNE. WE HAD A NET GAIN IN OUR TWO EXCHANGES OF 5530 CONTRACTS (SEE CALCULATIONS BELOW).
WE HAVE ALSO WITNESSED A HUMONGOUS AMOUNT OF PHYSICAL METAL STAND FOR COMEX DELIVERY AS WELL WE ARE WITNESSING CONSIDERABLE LONGS PACKING THEIR BAGS AND MIGRATING OVER TO LONDON IN GREATER NUMBERS IN THE FORM OF EFP'S. WE WERE NOTIFIED THAT WE HAD A SMALL SIZED NUMBER OF COMEX LONGS TRANSFERRING THEIR CONTRACTS TO LONDON THROUGH THE EFP ROUTE: JULY: 750 AND SEP 0 FOR ZERO ALL OTHER MONTHS AND THEREFORE TOTAL ISSUANCE 750 CONTRACTS. WITH THE TRANSFER OF 140 CONTRACTS, WHAT THE CME IS STATING IS THAT THERE IS NO SILVER (OR GOLD) TO BE DELIVERED UPON AT THE COMEX AS THEY MUST EXPORT THEIR OBLIGATION TO LONDON. ALSO KEEP IN MIND THAT THERE CAN BE A DELAY OF 24-48 HRS IN THE ISSUING OF EFP'S. THE 750 EFP CONTRACTS TRANSLATES INTO 3.750 MILLION OZ ACCOMPANYING:
1.THE 22 CENT RISE IN SILVER PRICE AT THE COMEX AND
2. THE STRONG AMOUNT OF SILVER OUNCES WHICH STOOD FOR DELIVERY IN THE LAST 12 MONTHS:
JUNE/2018. (5.420 MILLION OZ);
FOR JULY: 30.370 MILLION OZ
FOR AUG., 6.065 MILLION OZ
FOR SEPT. 39.505 MILLION OZ S
FOR OCT.2.525 MILLION OZ.
FOR NOV: A HUGE 7.440 MILLION OZ STANDING AND
21.925 MILLION OZ FINALLY STAND FOR DECEMBER.
5.845 MILLION OZ STAND IN JANUARY.
2.955 MILLION OZ STANDING FOR FEBRUARY.:
27.120 MILLION OZ STANDING IN MARCH.
3.875 MILLION OZ STANDING FOR SILVER IN APRIL.
18.845 MILLION OZ STANDING FOR SILVER IN MAY.
2.660 MILLION OZ STANDING FOR SILVER IN JUNE//
22.605 MILLION OZ STANDING FOR JULY
10.025 MILLION OZ INITIAL STANDING IN AUGUST.
43.030 MILLION OZ INITIALLY STANDING IN SEPT. (HUGE)
7.32 MILLION OZ INITIALLY STANDING IN OCT
2.630 MILLION OZ STANDING FOR NOV.
20.970 MILLION OZ FINAL STANDING IN DEC
5.075 MILLION OZ FINAL STANDING IN JAN
1.480 MILLION OZ FINAL STANDING IN FEB
23.005 MILLION OZ FINAL STANDING FOR MAR
4.660 MILLION OZ FINAL STANDING FOR APRIL
45.220 MILLION OZ FINAL STANDING FOR MAY
2.175 MILLION OF INITIALLY STANDING FOR JUNE
FRIDAY, AGAIN OUR CROOKS USED COPIOUS PAPER IN ORDER TO LIQUIDATE SILVER'S PRICE...AND THEY WERE UNSUCCESSFUL IN KNOCKING THE PRICE OF SILVER DOWN (IT ROSE 22 CENTS).. AND,OUR OFFICIAL SECTOR/BANKERS WERE SOMEWHAT SUCCESSFUL IN THEIR ATTEMPT TO FLEECE SOME SILVER LONGS FROM THEIR POSITIONS. THE TINY LOSS AT THE COMEX WAS ACCOMPANIED BY : i) A FAIR ISSUANCE OF EXCHANGE FOR PHYSICALS 2) A ZERO INCREASE IN SILVER OZ STANDING HUGE BANKER SHORT COVERING AND 4) ZERO LONG LIQUIDATION AS WE DID HAVE A STRONG NET GAIN OF 5343 CONTRACTS OR 27.650 MILLION OZ ON THE TWO EXCHANGES! YOU CAN BET THE FARM THAT OUR BANKER ARE DESPERATE TO LIQUIDATE THEIR HUGE SHORT POSITIONS IN SILVER
SPREADING OPERATIONS
OUR SPREADING OPERATION HAS NOW SWITCHED INTO SILVER.....
SPREADING OPERATION FOR OUR NEWCOMERS:
FOR NEWCOMERS, HERE ARE THE DETAILS:
SPREADING LIQUIDATION HAS NOW COMMENCED IN SILVER AS WE HEAD TOWARDS THE NEW ACTIVE FRONT MONTH OF JULY.
FOR THOSE OF YOU WHO ARE NEW, HERE IS THE MODUS OPERANDI OF THE SPREADERS AND THE CRIMINAL ELEMENT BEHIND IT:
HERE IS A BRIEF SYNOPSIS OF HOW THE CROOKS FLEECE UNSUSPECTING LONGS IN THE SPREADING ENDEAVOUR;
THE SPREADING LIQUIDATION OPERATION IS NOW OVER FOR GOLD..AND WE WILL NOW MORPH INTO AN ACCUMULATION PHASE OF SPREADING CONTRACTS FOR SILVER. THEY WILL ACCUMULATE CONSIDERABLE AMOUNT OF THE CONTRACTS AND THEN LIQUIDATE ONE WEEK PRIOR TO FIRST DAY NOTICE
MODUS OPERANDI OF THE CORRUPT BANKERS AS TO HOW THEY HANDLE THEIR SPREAD OPEN INTERESTS:
.
AS I HAVE MENTIONED IN PREVIOUS COMMENTARIES:
"AS YOU WILL SEE, THE CROOKS WILL NOW SWITCH TO SILVER AS THEY INCREASE THE OPEN INTEREST FOR THE SPREADERS. THE TOTAL COMEX SILVER OPEN INTEREST WILL RISE FROM NOW ON UNTIL ONE WEEK PRIOR TO FIRST DAY NOTICE AND THAT IS WHEN THEY START THEIR CRIMINAL LIQUIDATION.
HERE IS HOW THE CROOKS USED SPREADING AS WE ARE NOW INTO THE NON ACTIVE DELIVERY MONTH OF JUNE HEADING TOWARDS THE ACTIVE DELIVERY MONTH OF JULY FOR SILVER:
YOU WILL ALSO NOTICE THAT THE COMEX OPEN INTEREST STARTS TO RISE IN THIS NON ACTIVE MONTH OF JUNE. BUT SO IS THE OPEN INTEREST OF SPREADERS. THE OPEN INTEREST IN SILVER WILL CONTINUE TO RISE UNTIL ONE WEEK BEFORE FIRST DAY NOTICE OF AN UPCOMING ACTIVE DELIVERY MONTH (JULY), AND THAT IS WHEN THE CROOKS SELL THEIR SPREAD POSITIONS BUT NOT AT THE SAME TIME OF THE DAY. THEY WILL USE THE SELL SIDE OF THE EQUATION TO CREATE THE CASCADE (ALONG WITH THEIR COLLUSIVE FRIENDS) AND THEN COVER ON THE BUY SIDE OF THE SPREAD SITUATION AT THE END OF THE DAY. THEY DO THIS TO AVOID POSITION LIMIT DETECTION. THE LIQUIDATION OF THE SPREADING FORMATION CONTINUES FOR EXACTLY ONE WEEK AND ENDS ON FIRST DAY NOTICE."
HISTORICAL ACCUMULATION OF EXCHANGE FOR PHYSICALS
JUNE
ACCUMULATION FOR EFP'S/SILVER/J.P.MORGAN'S HOUSE OF BRIBES, / STARTING FROM FIRST DAY /FOR MONTH OF JUNE:
8607 CONTRACTS (FOR 17 TRADING DAY(S) TOTAL 8607 CONTRACTS) OR 43.03 MILLION OZ: (AVERAGE PER DAY: 514 CONTRACTS OR 2.568 MILLION OZ/DAY)
TO GIVE YOU AN IDEA AS TO THE HUGE SUPPLY THIS MONTH IN SILVER: SO FAR THIS MONTH OF MAY: 43.03 MILLION PAPER OZ HAVE MORPHED OVER TO LONDON. THIS REPRESENTS AROUND 6.23% OF ANNUAL GLOBAL PRODUCTION (EX CHINA EX RUSSIA)* JUNE'S 345.43 MILLION OZ IS THE SECOND HIGHEST RECORDED ISSUANCE OF EFP'S AND IT FOLLOWED THE RECORD SET IN APRIL 2018 OF 385.75 MILLION OZ.
ACCUMULATION IN YEAR 2020 TO DATE SILVER EFP'S: 1,109.095 MILLION OZ.
JANUARY 2020 EFP TOTALS SO FAR: 181.61 MILLION OZ
FEB 2020 EFP'S TOTAL : ...... 259.600 MILLION OZ
MARCH EFP'S ..... 452.280 MILLION OZ //TOTALS//AND A NEW RECORD FOR THE MONTH)
APRIL EFP 95.355 MILLION OZ. (EX. FOR PHYSICALS BECOMING A LOT LESS)
MAY EFP FINAL: 77.27 MILLION OZ
JUNE EXP SO FAR 43.03 MILLION OZ.
EXCHANGE FOR PHYSICAL ISSUANCE FOR THE PAST 60 DAYS IS A LOT LESS. NO DOUBT THAT THE COST TO CARRY THESE THINGS HAS EXPLODED AND AS SUCH CANNOT BE DONE AS FREQUENTLY AS BEFORE.
RESULT: WE HAD A GIGANTIC SIZED INCREASE IN COMEX OI SILVER COMEX CONTRACTS OF 4718, WITH OUR 22 CENT GAIN IN SILVER PRICING AT THE COMEX ///FRIDAY... THE CME NOTIFIED US THAT WE HAD A FAIR SIZED EFP ISSUANCE OF 625 CONTRACTS WHICH EXITED OUT OF THE SILVER COMEX AND TRANSFERRED THEIR OI TO LONDON AS FORWARDS. SPECULATORS CONTINUED THEIR INTEREST IN ATTACKING THE SILVER COMEX FOR PHYSICAL SILVER
TODAY WE GAINED A GIGANTIC SIZED OI CONTRACTS ON THE TWO EXCHANGES: 5343 CONTRACTS (WITH OUR 22 CENT GAIN IN PRICE)
THE TALLY//EXCHANGE FOR PHYSICALS
i.e 625 OPEN INTEREST CONTRACTS HEADED FOR LONDON (EFP's) TOGETHER WITH A HUGE SIZED INCREASE OF 4718 OI COMEX CONTRACTS. AND ALL OF THIS DEMAND HAPPENED DESPITE A 22 CENT GAIN IN PRICE OF SILVER/AND A CLOSING PRICE OF $17.64 // FRIDAY'S TRADING. YET WE STILL HAVE A STRONG AMOUNT OF SILVER STANDING AT THE COMEX FOR DELIVERY.
In ounces AT THE COMEX, the OI is still represented by JUST UNDER 1 BILLION oz i.e. 0.909 BILLION OZ TO BE EXACT or 129% of annual global silver production (ex Russia & ex China).
FOR THE NEW JUNE DELIVERY MONTH/ THEY FILED AT THE COMEX: 0 NOTICE(S) FOR 0 OZ OF SILVER.
IN SILVER,PRIOR TO TODAY, WE SET THE NEW COMEX RECORD OF OPEN INTEREST AT 244,196 CONTRACTS ON AUG 22.2018. AND AGAIN THIS HAS BEEN SET WITH A LOW PRICE OF $14.70//TODAY'S RECORD OF 244,705 IS SET WITH A PRICE OF: 18.91 (FEB 25/2020)
.
ON THE DEMAND SIDE WE HAVE THE FOLLOWING:
HUGE AMOUNTS OF SILVER STANDING FOR DELIVERY (MARCH/2018: 27 MILLION OZ , APRIL/2018 : 2.485 MILLION OZ MAY: 36.285 MILLION OZ ; JUNE/2018 (5.420 MILLION OZ) , JULY 2018 FINAL AMOUNT STANDING: 30.370 MILLION OZ ) FOR AUGUST 6.065 MILLION OZ. , SEPT: A HUGE 39.505 MILLION OZ./ OCTOBER: 2,520,000 oz NOV AT 7.440 MILLION OZ./ DEC. AT 21.925 MILLION OZ JANUARY AT 5.825 MILLION OZ.AND FEB 2019: 2.955 MILLION OZ/ MARCH: 27.120 MILLION OZ/ APRIL AT 3.875 MILLION OZ/ A MAY: 18.845 MILLION OZ ..JUNE 2.660 MILLION OZ//JULY 22.605 MILLION OZ; AUGUST 10.025 MILLION OZ/ SEPT 43.030 MILLION OZ//OCT: 7.665 MILLION OZ// NOV: 2.630 MILLION OZ//DEC: 20.970 MILLION OZ; JAN: 5.075 MILLION OZ.//FEB 1.480 MILLION OZ//MAR: 23.005 MILLION OZ/APRIL 4.660 MILLION OZ//MAY 45.220 MILLION OZ//JUNE: 2.175 MILLION OZ//THE RECORD PRIOR TO TODAY WAS SET IN FEB 25/2018: 244,710 CONTRACTS, WITH A SILVER PRICE OF $18.90//.HUGE ANNUAL EFP'S ISSUANCE EQUAL TO 2.9 BILLION OZ OR 400% OF SILVER ANNUAL PRODUCTION/2017 RECORD SETTING EFP ISSUANCE FOR ANY MONTH IN SILVER; APRIL/2018/ 385.75 MILLION OZ/ AND THE SECOND HIGHEST RECORDED EFP ISSUANCE JUNE 2018 345.43 MILLION OZAND YET, WITH THE EXTREMELY HIGH EFP ISSUANCE, WE HAVE A CONTINUAL LOW PRICE OF SILVER DESPITE THE ABOVE HUGE DEMAND. TO ME THE ONLY ANSWER IS THAT WE HAVE SOVEREIGN (CHINA) WHO IS ENDEAVOURING TO GOBBLE UP ALL AVAILABLE PHYSICAL SILVER NO MATTER WHERE, EXACTLY WHAT J.P.MORGAN IS DOING. AND IT IS MY BELIEF THAT J.P.MORGAN IS HOLDING ITS SILVER FOR ITS BENEFICIAL OWNER..THE USA GOVERNMENT WHO IN TURN IS HOLDING THAT SILVER FOR CHINA.(FOR A SILVER LOAN REPAYMENT)
GOLD
IN GOLD, THE COMEX OPEN INTEREST ROSE BY AN ATMOSPHERIC 23,232 CONTRACTS TO 516,472 AND CLOSER TO OUR NEW RECORD (SET JAN 24/2020) AT 799,541 AND PREVIOUS TO THAT: (SET JAN 6/2020) AT 797,110.
THE HUGE SIZED GAIN OF COMEX OI OCCURRED WITH OUR STRONG GAIN IN PRICE OF $16.50 /// COMEX GOLD TRADING// FRIDAY// WE HAD STRONG BANKER SHORT COVERING, A HUMONGOUS SIZED INCREASE IN GOLD OZ STANDING AT THE COMEX, ALONG WITH ZERO LONG LIQUIDATION ACCOMPANYING A FAIR EX. FOR PHYSICAL ISSUANCE. THIS ALL HAPPENED WITH OUR GAIN IN PRICE OF $16.50 .
WE HAD A VOLUME OF 0 4 -GC CONTRACTS//OPEN INTEREST 25
WE GAINED AN ATMOSPHERIC SIZED 27,384 CONTRACTS (85.18 TONNES) ON OUR TWO EXCHANGES.
E.F.P. ISSUANCE
THE CME RELEASED THE DATA FOR EFP ISSUANCE AND IT TOTALED A SMALL SIZED 2600 CONTRACTS:
CONTRACT JUNE 0.; AUG 4002 AND DEC: 150 ALL OTHER MONTHS ZERO//TOTAL: 4152. The NEW COMEX OI for the gold complex rests at 516,472. ALSO REMEMBER THAT THERE WILL BE A DELAY IN THE ISSUANCE OF EFP'S. THE BANKERS REMOVE LONG POSITIONS OF COMEX GOLD IMMEDIATELY. THEN THEY ORCHESTRATE THEIR PRIVATE EFP DEAL WITH THE LONGS AND THAT COULD TAKE AN ADDITIONAL, 48 HRS SO WE GENERALLY DO NOT GET A MATCH WITH RESPECT TO DEPARTING COMEX LONGS AND NEW EFP LONG TRANSFERS. . EVEN THOUGH THE BANKERS ISSUED THESE MONSTROUS EFPS, THE OBLIGATION STILL RESTS WITH THE BANKERS TO SUPPLY METAL BUT IT TRANSFERS THE RISK TO A LONDON BANKER OBLIGATION AND NOT A NEW YORK COMEX OBLIGATION. LONGS RECEIVE A FIAT BONUS TOGETHER WITH A LONG LONDON FORWARD. THUS, BY THESE ACTIONS, THE BANKERS AT THE COMEX HAVE JUST STATED THAT THEY HAVE NO APPRECIABLE METAL!! THIS IS A MASSIVE FRAUD: THEY CANNOT SUPPLY ANY METAL TO OUR COMEX LONGS BUT THEY ARE QUITE WILLING TO SUPPLY MASSIVE NON BACKED GOLD (AND SILVER) PAPER KNOWING THAT THEY HAVE NO METAL TO SATISFY OUR LONGS. LONDON IS NOW SEVERELY BACKWARD IN BOTH GOLD AND SILVER AND WE ARE WITNESSING DELAYS IN ACTUAL DELIVERIES.
IN ESSENCE WE HAVE AN ATMOSPHERIC SIZED INCREASE IN TOTAL CONTRACTS ON THE TWO EXCHANGES OF 27,384 CONTRACTS: 23,773 CONTRACTS INCREASED AT THE COMEX AND 4152 EFP OI CONTRACTS WHICH NAVIGATED OVER TO LONDON. THUS TOTAL OI GAIN OF 27,384 CONTRACTS OR 85.18 TONNES. FRIDAY, WE HAD A GAIN OF $16.50 IN GOLD TRADING......
AND WITH THAT GAIN IN PRICE, WE HAD AN ATMOSPHERIC SIZED GAIN IN TOTAL/TWO EXCHANGES GOLD TONNAGE OF 85.18 TONNES!!!!!! THE BANKERS/OFFICIAL SECTOR SUPPLIED INFINITE SUPPLIES OF SHORT GOLD COMEX PAPER WITH RECKLESS ABANDON. THE BANKERS WERE UNSUCCESSFUL IN THEIR ATTEMPT TO LOWER GOLD'S PRICE (IT ROSE $16.50).AND IT ALSO SEEMS THAT THEIR ATTEMPT TO FLEECE ANY GOLD LONGS FROM THE GOLD ARENA WAS UNSUCCESSFUL (SEE BELOW).
CALCULATIONS ON GAIN/LOSS ON OUR TWO EXCHANGES:
WE HAD A FAIR SIZED ISSUANCE IN EXCHANGE FOR PHYSICALS (4152) ACCOMPANYING THE GIGANTIC SIZED GAIN IN COMEX OI (23,232 OI): TOTAL GAIN IN THE TWO EXCHANGES: 27,384 CONTRACTS. WE NO DOUBT HAD 1 )HUGE BANKER SHORT COVERING, 2.)A POWERFUL INCREASE IN GOLD OUNCES STANDING AT THE GOLD COMEX FOR THE FRONT JUNE MONTH, 3) ZERO LONG LIQUIDATION; 4) HUMONGOUS COMEX OI GAIN.. AND ...ALL OF THIS WAS COUPLED WITH OUR STRONG GAIN IN GOLD PRICE TRADING//FRIDAY//$16.50.
WE ARE BEGINNING TO WITNESS A LACK OF EXCHANGE FOR GOLD PHYSICALS UNDERWRITTEN DUE TO PREMIUMS STARTING TO REAPPEAR IN THE FUTURE PRICE OF GOLD VS LONDON SPOT. THE COST TO THE BANKERS IS JUST TOO GREAT TO ENGAGE IN THESE VEHICLES ONCE THIS OCCURS.
THE FACT THAT WE ARE CONTINUALLY SEEING A DROP IN COMEX OPEN INTEREST AND VOLUMES COUPLED WITH LESS EXCHANGE FOR PHYSICALS PROBABLY MEANS THAT OUR LONGS ARE ALREADY DEPARTING NEW YORK FOR THE NEW PHYSICAL PLATFORM AT LONDON'S LME.
HISTORICAL ACCUMULATION OF EXCHANGE FOR PHYSICALS IN 2020 INCLUDING TODAY
JUNEACCUMULATION OF EFP'S GOLD AT J.P. MORGAN'S HOUSE OF BRIBES: (EXCHANGE FOR PHYSICAL) FOR THE MONTH OF JUNE : 43,385 CONTRACTS OR 4,338,500 oz OR 134.94TONNES (17 TRADING DAY(S) AND THUS AVERAGING: 2552 EFP CONTRACTS PER TRADING DAY
TO GIVE YOU AN IDEA AS TO THE STRONG SIZE OF THESE EFP TRANSFERS : THIS MONTH IN 17 TRADING DAY(S) IN TONNES: 134.94 TONNES
TOTAL ANNUAL GOLD PRODUCTION, 2019, THROUGHOUT THE WORLD EX CHINA EX RUSSIA: 3555 TONNES
THUS EFP TRANSFERS REPRESENTS 134.94/3550 x 100% TONNES =3.80% OF GLOBAL ANNUAL PRODUCTION
ISSUANCE OF EXCHANGE FOR PHYSICAL GOLD HAS DISSIPATED THIS MONTH...THE COST TO THE BANKERS TO CARRY THESE CONTRACTS IN LONDON IS BECOMING TOO GREAT FOR THEM.
ACCUMULATION OF GOLD EFP'S YEAR 2020 TO DATE: 2949.08 TONNES
JANUARY 2220 TOTAL EFP ISSUANCE; : 570.19 TONNES
FEB 2020 TOTAL EFP ISSUANCE : 653.78 TONNES
MARCH TOTAL EFP ISSUANCE 1,098.93 TONNES (*AND A NEW ALL TIME RECORD ISSUANCE//22 DAYS)
APRIL TOTAL EFP. ISSUANCE: 243.45 TONNES (EFP ISSUANCE BECOMING A LOT LESS)
MAY TOTAL EFP ISSUANCE: 248.68 TONNES (EFP ISSUANCE STILL LOW// PREMIUM COST TO THE BANKERS IS HUGE..SO ISSUANCE IS LESS)
JUNE TOTAL EFP ISSUANCE: 134.94 TONNES
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.
COMEX DATA//AMOUNTS STANDING//VOLUME OF TRADING/INVENTORY MOVEMENTS
GOLD
LET US BEGIN:
THE TOTAL COMEX GOLD OPEN INTEREST ROSE BY A HUMONGOUS 23,232 CONTRACTS TO 516,472 MOVING CLOSER TO OUR RECORD THAT WAS SET IN JANUARY/2020: {799,541 OI(SET JAN 16/2020)} AND PREVIOUS TO THAT: 797,110 (SET JAN 7/2020). AND ALL OF THIS HUGE COMEX ADVANCE OCCURRED WITH OUR GAIN OF $16.50 IN GOLD PRICING /FRIDAY'S COMEX TRADING//). WE ALSO HAD A FAIR EFP ISSUANCE (4152 CONTRACTS),. THUS WE HAD 1) HUGE BANKER SHORT COVERING AT THE COMEX AND 2) ZERO LONG LIQUIDATION AND 3) A GIGANTIC INCREASE IN GOLD OZ STANDING AT THE COMEX//JUNE DELIVERY MONTH (SEE BELOW) , ... AS WE ENGINEERED A GIGANTIC GAIN ON OUR TWO EXCHANGES OF 27,384 CONTRACTS WITH GOLD'S STRONG GAIN IN PRICE.
WE HAD 0 4 -GC VOLUME//open interest REMAINS AT 25
EXCHANGE FOR PHYSICAL ISSUANCE
WE ARE NOW IN THE ACTIVE DELIVERY MONTH OF JUNE.. THE CME REPORTS THAT THE BANKERS ISSUED A FAIR SIZED TRANSFER THROUGH THE EFP ROUTE AS THESE LONGS RECEIVED A DELIVERABLE LONDON FORWARD TOGETHER WITH A FIAT BONUS., THAT IS 4152 EFP CONTRACTS WERE ISSUED: 4002 FOR AUG AND 150 FOR DEC AND ZERO FOR ALL OTHER MONTHS:
TOTAL EFP ISSUANCE: 4152 CONTRACTS.
YOU WILL FIND THAT WHEN WE HAVE A PREMIUM IN THE FUTURES/SPOT, THEN THE NUMBER OF EXCHANGE FOR PHYSICALS DECLINE IN NUMBERS. THE COST IS JUST TOO MUCH FOR THEM TO ISSUE.
ON A NET BASIS IN OPEN INTEREST WE GAINED THE FOLLOWING TODAY ON OUR TWO EXCHANGES: 27384 TOTAL CONTRACTS IN THAT 4152 LONGS WERE TRANSFERRED AS FORWARDS TO LONDON AND WE GAINED A GIGANTIC SIZED 23,232 COMEX CONTRACTS. THE BANKERS PROVIDED ALL THE NECESSARY SHORT PAPER TO WHICH OUR LONGS DUTIFULLY ACCEPTED AS THEY GOBBLED UP A CONSIDERABLE AMOUNT OF EXCHANGE FOR PHYSICALS WITH HUGE BANKER SHORT COVERING, ACCOMPANYING OUR GIGANTIC COMEX OI GAIN, A HUGE INCREASE GOLD TONNAGE STANDING FOR THE JUNE DELIVERY (SEE CALCULATIONS BELOW)... AND ZERO LONG LIQUIDATION...... ALL OF THE ABOVE OCCURRED WITH A STRONG GAIN IN COMEX PRICE OF 16.50 DOLLARS..
THE BANKERS WERE UNSUCCESSFUL IN LOWERING GOLD'S PRICE //// (IT ROSE $16.50). AND, THEY WERE UNSUCCESSFUL IN FLEECING SOME LONGS
AS THE TOTAL GAIN ON THE TWO EXCHANGES REGISTERED A VERY STRONG 85.18 TONNES.
NET GAIN ON THE TWO EXCHANGES :: 27,384 CONTRACTS OR 2,738,400 OZ OR 85.18 TONNES.
COMMODITY LAW SUGGESTS THAT COMMODITY FUTURES OPEN INTEREST SHOULD APPROXIMATE 3% OF TOTAL PRODUCTION. IN GOLD THE WORLD PRODUCES AROUND 3500 TONNES PER YEAR BUT ONLY 2200 TONNES ARE AVAILABLE FROM THE WEST (THUS EXCLUDING RUSSIA, CHINA ETC..WHO KEEP 100% OF THEIR PRODUCTION)
THUS IN GOLD WE HAVE THE FOLLOWING: 516,472 TOTAL OI CONTRACTS X 100 OZ PER CONTRACT = 51.64 MILLION OZ/32,150 OZ PER TONNE = 1607 TONNES
THE COMEX OPEN INTEREST REPRESENTS 1607/2200 OR 73.01% OF ANNUAL GLOBAL PRODUCTION OF GOLD.
Trading Volumes on the COMEX TODAY: 221,885 contracts//fair//most traders have moved to London
CONFIRMED COMEX VOL. FOR YESTERDAY: 198,468 contracts// volume fair //most of our traders have left for London
JUNE 22 /2020
JUNE GOLD CONTRACT MONTH
We had 1 deposit into the dealer
i) Into Brinks: 127,125.065 oz
total deposit: 125,125.065 oz
DEALER WITHDRAWAL: 0
i) nil oz
total dealer withdrawals: nil oz
we had 2 deposits into the customer account
i) Into Brinks: 1,692.710 Brinks
ii) Into HSBC: 79,991.688 oz
total deposits: 81,684.398 oz
we had 0 gold withdrawals from the customer account:
total gold withdrawals; nil oz
We had 1 kilobar transactions +
ADJUSTMENTS: 2 //
dealer to customer:
i) Manfra; 2604.231 oz
customer to dealer
i)INT Delaware: 96.453 oz (customer account to dealer account).... 3 kilobars
The front month of JUNE registered a total of 927 oi contracts FOR a GAIN of 784 contracts. We had 12 notices filed on FRIDAY so we GAINED A HUMONGOUS 796 contracts or an additional 79,600 oz of gold (2.475 TONNES) will stand in this very active delivery month of June as these guys REFUSED TO morph into London based forwards
After June we have the non active delivery month of July and here we had a LOSS of 25 contracts DOWN to 3434 contracts.
Next comes August another strong delivery month and here the OI ROSE by AN ASTRONOMICAL 20,926 contracts UP to 32,848 contracts.
We had 186 notices filed today for 18,600 ozFOR THE JUNE 2020 CONTRACT MONTH)Today, 46 notice(s) were issued from JPMorgan dealer account and 27 notices were issued from their client or customer account. The total of all issuance by all participants equates to 186 contract(s) of which 0 notices were stopped (received) by j.P. Morgan dealer and 38 notice(s) was (were) stopped/ Received) by j.P.Morgan//customer account and 0 notices by the squid (Goldman Sachs)
To calculate the INITIAL total number of gold ounces standing for the JUNE /2020. contract month, we take the total number of notices filed so far for the month (52,208) x 100 oz , to which we add the difference between the open interest for the front month of JUNE (927 CONTRACTS ) minus the number of notices served upon today (186 x 100 oz per contract) equals 5,244,800 OZ OR 164.64 TONNES) the number of ounces standing in this active month of JUNE
thus the INITIAL standings for gold for the JUNE/2020 contract month:
No of notices served (52,208)x 100 oz + (927 OI) for the front month minus the number of notices served upon today (186) x 100 oz which equals 5,224,800 oz standing OR 164.64 TONNES in this active delivery month. This is a HUGE record amount for gold standing for a JUNE delivery month or any active/non active delivery month.
We GAINED 796 contracts or AN ADDITIONAL 79,600 oz will stand on this side of the pond. Issuance of exchange for physicals is FAIR today... It is still too costly for our crooked bankers to carry.
NEW PLEDGED GOLD: BRINKS
144,088.952 oz NOW PLEDGED JAN 21.2020/HSBC 5.4807 TONNES
322,656.68 oz PLEDGED MARCH 2020 JPMORGAN: 10.036 TONNES
42,548.308.00 PLEDGED APRIL 3/2020: SCOTIA: 1.3234 tonnes
19,290.600 oz Pledged May 8/2020 INT DELAWARE: .600 TONNES
477,821.587 oz pledged June 12/2020 Brinks/ 14.865 tonnes
total pledged gold: 1,006,406.127 oz 31.303 tonnes
SURPRISINGLY WE HAVE BEEN WITNESSING NO REAL PHYSICAL GOLD ENTERING THE COMEX VAULTS FOR THE PAST YEAR!! ..ONLY PHONY KILOBAR ENTRIES.... WE HAVE 362.58 TONNES OF REGISTERED GOLD WHICH CAN SETTLE UPON LONGS ie. 164.64 tonnes
CALCULATION OF REGISTERED GOLD THAT CAN BE SETTLED UPON:total registered or dealer 12,663,272.767 oz or 393.88 tonneswhich includes the following:a) pledged gold held at HSBC which cannot settled upon 144,088.952 oz x ( 4.4817 TONNES)//b) pledged gold held at JPMorgan (added March 2020) which cannot be settled upon: 322,144.443 oz (or 10.0200 tonnes)total pledged gold:c) pledged gold at Scotia: 1.3234 tonnes or 42,548.308 oz which cannot be settled (1.3234 tonnes)d) pledged gold at Manfra: DELETED MAY 26.2020e) pledged gold at int.Del. 19,290.600 oz which cannot be settled: (.600 tonnes)f) pledged gold at Brinks: 21,026.754 oz which cannot be settled June 5 (.65402 tonnes)g) pledged gold at Brinks: 456,794,87 oz added which cannot be settled: 14.208 tonnestotal brinks: 477,821.587 oztotal weight of pledged: 1006,406.127 oz or 31.303 tonnesthus:registered gold that can be used to settle upon: 11,656,866.0 (362.58 tonnes)true registered gold (total registered - pledged tonnes 11,656,866.0 (362.58 tonnes)total eligible gold: 18,525,756.036 oz (576.23 tonnes)
total registered, pledged and eligible (customer) gold; 31,189,028 oz 970.11 tonnes (INCLUDES 4 GC GOLD)
total 4 GC gold: 126.34 tonnes
total gold net of 4 GC: 843.77 tonnes
end
I have compiled data with respect to registered (or dealer) gold taken on first day notice for each of the past 24 months
The data begins on first day notice for the May month taken on the last day of April 2018. and it continues to present day. Thus 24 data entry points.
I then took, how many deliveries were recorded by the CME for each and every month. I also included for reference the price of gold on first day notice.
The first graph is a logarithmic graph and the second graph, linear.
You can see the huge explosion of registered gold at the comex along with deliveries. Gold owners are very clear people. They would know full well that
the gold at the comex is unallocated and that they would not be stupid enough to keep their gold at the comex especially in the registered category once deliveries are asked upon. If physical gold was present it would be have removed from the comex... It shows there is no gold at the comex. They are just trading in sticky paper.THE DATA AND GRAPHS:
docs.google.com/spreadsheets/d/1kjTdrLhruo-6Q_joBKNoiJIFwZBbsA5Lp5vEjxJbIhs/edit?usp=sharing
THE GOLD COMEX SEEMS TO BE UNDER SEVERE ASSAULT FOR PHYSICAL
ENDJUNE 19/2020
And now for the wild silver comex results
we had the open interest at the comex, in SILVER, ROSE BY A GIGANTIC SIZED 4718 CONTRACTS FROM 177,089 UP TO 181,807 AND CLOSER TO OUR COMEX RECORD //244,710(SET FEB 25/2020). THE LAST RECORDS WERE SET IN AUG.2018 AT 244,196 WITH A SILVER PRICE OF $14.78/(AUGUST 22/2018)..THE PREVIOUS RECORD TO THAT WAS SET ON APRIL 9/2018 AT 243,411 OPEN INTEREST CONTRACTS WITH THE SILVER PRICE AT THAT DAY: $16.53). AND PREVIOUS TO THAT, THE RECORD WAS ESTABLISHED AT: 234,384 CONTRACTS, SET ON APRIL 21.2017 OVER 2 3/4 YEARS AGO. THE PRICE OF SILVER ON THAT DAY: $17.89.
THE HUGE GAIN IN OI SILVER COMEX WAS DUE TO; 1) HUGE BANKER SHORT COVERING , 2) A FAIR ISSUANCE OF EXCHANGE FOR PHYSICALS (SEE BELOW), 3) A ZERO INCREASE IN SILVER OZ STANDING AT THE COMEX FOR JUNE AND 4) ZERO LONG LIQUIDATION
EFP ISSUANCE 625 CONTRACTS
OUR CUSTOMARY MIGRATION OF COMEX LONGS CONTINUE TO MORPH INTO LONDON FORWARDS AS OUR BANKERS USED THEIR EMERGENCY PROCEDURE TO ISSUE:
JULY: 325 CONTRACTS AND SEPT: 300 ALL OTHER MONTHS: ZERO. TOTAL EFP ISSUANCE: 750 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 4780 CONTRACTS TO THE 625 OI TRANSFERRED TO LONDON THROUGH EFP'S, WE OBTAIN A HUGE GAIN OF 5343 OPEN INTEREST CONTRACTS FROM OUR TWO EXCHANGES. THUS IN OUNCES, THE GAIN ON THE TWO EXCHANGES 26.71 MILLION OZ!!! OCCURRED WITH THE 22 CENT GAIN IN PRICE///
RESULT: A HUGE SIZED INCREASE IN SILVER OI AT THE COMEX WITH THE 22 CENT GAIN IN PRICING THAT SILVER UNDERTOOK IN PRICING// FRIDAY. WE ALSO HAD A SMALL SIZED 625 EFP'S ISSUED TRANSFERRING COMEX LONGS OVER TO LONDON. TOGETHER WITH THE STRONG SIZED AMOUNT OF SILVER OUNCES STANDING FOR THIS MONTH, DEMAND FOR PHYSICAL SILVER CONTINUES TO INTENSIFY AS WE WITNESS SEVERE BACKWARDATION IN SILVER IN LONDON.
BOTH THE SILVER COMEX AND THE GOLD COMEX ARE IN STRESS AS THE BANKERS SCOUR THE BOWELS OF THE EXCHANGE FOR METAL
JUNE 22/2020
JUNE SILVER COMEX CONTRACT MONTH
We had 0 deposit into the dealer:
total dealer deposits: nil oz
i) We had 0 dealer withdrawal
total dealer withdrawals: nil oz
i)we had 1 deposits into the customer account
into JPMorgan: 0
ii) Into Scotia : 386,252.400 oz
*** JPMorgan for most of 2017, 2018 and onward, has adding to its inventory almost every single day.
JPMorgan now has 160.819 million oz of total silver inventory or 50.67% of all official comex silver. (160.819 million/317.346 million
total customer deposits today: 386,252.400 oz
we had 3 withdrawals:
i) Out of CNT 5,032.310 oz
ii) Out of Brinks 25,026.620 oz
iii) Out of HSBC: 332,958.334
total withdrawals; 363,958.334 oz
We had 2 adjustments
customer to dealer:
Brinks: 2,008,048.650 oz
Loomis: 578,142.300
total dealer silver: 88.229 million
total dealer + customer silver: 317.346 million oz
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The front month of June has an open interest of 8 for a loss one one contract. We had one contract served upon on Friday so we gained 0 oz of silver standing.
The next month of July sees its open interest fall by 985 down to 69,296. August sees its open interest rise by 198 contracts up to 308
The big September contract month sees a gain of 4551 contracts up to 84,100
The total number of notices filed today for the JUNE 2020. contract month is represented by 0 contract(s) FOR nil, oz
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 428 x 5,000 oz = 2,140,,000 oz to which we add the difference between the open interest for the front month of JUNE.(8) and the number of notices served upon today 0 x (5000 oz) equals the number of ounces standing.
.
Thus the INITIAL standings for silver for the JUNE/2019 contract month: 428 (notices served so far) x 5000 oz + OI for front month of JUNE (8)- number of notices served upon today (0) x 5000 oz of silver standing for the JUNE contract month.equals 2,175,000 oz.
We GAINED 0 contracts or an additional nil oz will stand for delivery as they refused to morphed into London based forwards as well as negating a fiat bonus
TODAY'S ESTIMATED SILVER VOLUME: 85,589 CONTRACTS // volume good/
FOR YESTERDAY: 83,032..,CONFIRMED VOLUME//volume fair/
YESTERDAY'S CONFIRMED VOLUME OF 683,032 CONTRACTS EQUATES to 415 million OZ 69.3% OF ANNUAL GLOBAL PRODUCTION OF SILVER..
COMMODITY LAW SUGGESTS THAT OPEN INTEREST SHOULD NOT BE MORE THAN 3% OF ANNUAL GLOBAL PRODUCTION. THE CROOKS ARE SUPPLYING MASSIVE PAPER TRYING TO KEEP SILVER IN CHECK.
The record level of silver open interest is 234,787 contracts set on April 21./2017 with the price at that day at $18.42. The previous record was 224,540 contracts with the price at that time of $20.44
end
NPV for Sprott
1. Sprott silver fund (PSLV): NAV RISES TO- 0.43% ((JUNE 22/2020)
2. Sprott gold fund (PHYS): premium to NAV RISES TO -0.74% to NAV: (JUNE 22/2020 )
Note: Sprott silver trust back into NEGATIVE territory at +%-/Sprott physical gold trust is back into NEGATIVE/ 0.43%
(courtesy Sprott/GATA
3.SPROTT CEF.A FUND (FORMERLY CENTRAL FUND OF CANADA):
NAV 16.64 TRADING 16.57///NEGATIVE 0.40
END
And now the Gold inventory at the GLD/
JUNE 22/WITH GOLD UP $14.00 A HUGE CHANGE IN GOLD INVENTORY AT THE GLD: A DEPOSIT OF 23.09 TONNES//INVENTORY RESTS AT 1159.31 TONNES
JUNE 19/WITH GOLD UP$16.50 TODAY: NO CHANGES IN GOLD INVENTORY AT THE GLD//; INVENTORY RESTS AT 1136.22 TONNES
JUNE 18//WITH GOLD DOWN $2.75 TODAY: NO CHANGES IN GOLD INVENTORY: INVENTORY RESTS AT 1136.22 TONNES
JUNE 17/WITH GOLD DOWN $1.05: NO CHANGES IN GOLD INVENTORY AT THE GLD////INVENTORY RESTS AT 1136.22 TONNES
JUNE 16//WITH GOLD UP $6.70 TODAY: NO CHANGES IN GOLD INVENTORY: /INVENTORY RESTS AT 1136.22 TONNES
JUNE 15/WITH GOLD DOWN ANOTHER $8.80 TODAY, NO CHANGES IN GOLD INVENTORY/INVENTORY RESTS AT 1136.22 TONNES
JUNE 12//WITH GOLD DOWN $1.00 TODAY: A HUGE CHANGE IN GOLD INVENTORY: A DEPOSIT OF 1.17 TONNES AT THE GLD//INVENTORY RESTS AT 1136.22 TONNES
JUNE 11//WITH GOLD UP $16.80 TODAY: A HUGE CHANGE IN GOLD INVENTORY: A DEPOSIT OF 6.55 TONNES AT THE GLD//INVENTORY RESTS AT 1135.05 TONNES
JUNE 10/WITH GOLD DOWN $.30 TODAY: A HUGE CHANGE IN GOLD INVENTORY AT THE GLD//A DEPOSIT OF 4.02 TONNES AT THE GLD/INVENTORY RESTS AT 1129.50 TONNES
JUNE 9//WITH GOLD UP $16.00 TODAY: A HUGE CHANGE IN GOLD INVENTORY AT THE GLD//A WITHDRAWAL OF 2.63 TONNES OF GOLD AT THE GLD//INVENTORY RESTS AT 1125.48 TONNES
JUNE 8//WITH GOLD UP $18.70 TODAY: A HUGE CHANGE IN GOLD INVENTORY AT THE GLD//A WITHDRAWAL OF 4.10 TONNES AT THE GLD//INVENTORY RESTS AT 1128.11 TONNES
JUNE 5//WITH GOLD DOWN $40.40 TODAY: A HUGE CHANGE IN GOLD INVENTORY: A PAPER WITHDRAWAL OF 1.16 TONNES OUT OF THE GLD//INVENTORY RESTS AT 1132.21 TONNES
JUNE 4//WITH GOLD UP $20.60: A HUGE CHANGE IN GOLD INVENTORY AT THE GLD...A DEPOSIT OF 4.09 TONNES INTO THE GLD//INVENTORY RESTS AT 1133.37 TONNES
JUNE 3//WITH GOLD DOWN $26.15//A SMALL CHANGE IN GOLD INVENTORY//A DEPOSIT OF 0.78 TONNES OF GLD INTO THE GLD//INVENTORY RESTS AT 1129.28 TONNES
JUNE 2//WITH GOLD DOWN $11.20 TODAY: A HUGE CHANGE IN GOLD INVENTORY AT THE GLD: A DEPOSIT OF 5.26 TONNES OF GOLD INTO THE GLD////INVENTORY RESTS AT 1128.40 TONNES
JUNE 1//WITH GOLD UP $1.30//A HUGE CHANGE IN GOLD INVENTORY AT THE GLD: A DEPOSIT OF 4.06 TONNES OF GOLD//GLD INVENTORY RESTS TONIGHT AT 1123.14 TONNES
MAY 29/WITH GOLD UP $19.40 TODAY: NO CHANGE IN GOLD INVENTORY AT THE GLD///GLD INVENTORY RESTS THIS WEEKEND AT 1119.05 TONNES
MAY 28//WITH GOLD UP $4.00 TODAY/NO CHANGES IN GOLD INVENTORY TO THE GLD//INVENTORY RESTS AT 1119.05 TONNES
MAY 27/WITH GOLD UP $.10 TODAY: A STRONG 2.34 TONNES OF GOLD ADDED TO THE GLD//INVENTORY RESTS AT 1119.05 TONNES
MAY 26//WITH GOLD DOWN $23.05//NO CHANGES IN GOLD INVENTORY://RESTS TONIGHT AT 1116.71 TONNES
MAY 22//WITH GOLD UP $13.05//A BIG CHANGE IN GOLD INVENTORY:: A PAPER ADDITION OF 3.93 TONNES//INVENTORY RESTS THIS WEEKEND AT: 1116.71 TONNES
MAY 21//WITH GOLD DOWN $26.70//NO CHANGE IN GOLD INVENTORY AT THE GLD/INVENTORY RESTS AT 1112.32 TONNES
MAY 20/WITH GOLD UP $7.20: A HUGE CHANGE IN GOLD INVENTORY AT THE GLD: A PAPER WITHDRAWAL OF 1.46 TONNES FROM THE GLD////INVENTORY RESTS TONIGHT AT 1112.32 TONNES
MAY 19//WITH GOLD UP $10.60//NO CHANGES IN GOLD INVENTORY AT THE GLD////INVENTORY RESTS AT 1113.78 TONNES
MAY 18/WITH GOLD DOWN $15.40 TODAY: A HUGE CHANGE IN GOLD INVENTORY: A PAPER DEPOSIT OF 9.06 TONNES./INVENTORY RESTS AT 1113.78 TONNES
MAY 15.WITH GOLD UP $16.30 TODAY: A HUGE CHANGE IN GOLD INVENTORY AT THE GLD: A PAPER DEPOSIT OF 12.58 TONNES/ INVENTORY RESTS AT 1104.72 TONNES
MAY 14//WITH GOLD UP $19.25 TODAY: NO CHANGES IN GOLD INVENTORY AT THE GLD////INVENTORY RESTS AT 1092.14 TONNES
MAY 13//WITH GOLD UP $9.05 TODAY: A HUGE CHANGE IN GOLD INVENTORY AT THE GLD//A DEPOSIT OF 11.07 TONNES/INVENTORY RESTS AT 1092.14 TONNES
MAY 12//WITH GOLD UP $6.60 TODAY; A SMALL CHANGES IN GOLD INVENTORY AT THE GLD/: A WITHDRAWAL OF .58 TONNES FROM THE GLD///INVENTORY RESTS AT 1081.07 TONNES
MAY 11/WITH GOLD DOWN $12.65 TODAY: NO CHANGES IN GOLD INVENTORY: //INVENTORY RESTS AT 1081.65 TONES..
MAY 8/WITH GOLD DOWN $7.00 TODAY; A BIG CHANGE IN GOLD INVENTORY: A PAPER ADDITION OF 5.85 TONNES/INVENTORY RESTS AT 1081.65 TONNES
MAY 7/WITH GOLD UP $29.65 TODAY : A SMALL CHANGE IN GOLD INVENTORY AT THE GLD//A PAPER ADDITION OF .41 TONNES/INVENTORY RESTS AT 1075.80 TONNES
MAY 6//WITH GOLD DOWN $17.00 TODAY/ A HUGE CHANGE IN GOLD INVENTORY AT THE GLD//A PAPER ADDITION OF 3.68 TONNES/INVENTORY RESTS AT 1075.39 TONES
MAY 5/WITH GOLD DOWN $1.65 TODAY: A HUGE CHANGE IN GOLD INVENTORY AT THE GLD: A PAPER ADDITION OF 3.81 TONNES//INVENTORY RESTS AT 1071.71 TONNES
MAY 4//WITH GOLD UP $12.00 TODAY//A HUGE CHANGE IN GOLD INVENTORY AT THE GLD: A MASSIVE PAPER DEPOSIT OF 11.4 TONNES INTO THE GLD////GOLD INVENTORY RESTS AT 1067.90 TONNES
MAY 1/WITH GOLD UP $8.45 NO CHANGES IN GOLD INVENTORY AT THE GLD//INVENTORY RESTS AT 1056.50 TONNES
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Inventory rests tonight at
JUNE 22/ GLD INVENTORY 1159.31 tonnes*
LAST; 846 TRADING DAYS: +215.31 NET TONNES HAVE BEEN REMOVED FROM THE GLD
LAST 746 TRADING DAYS://+390.61 TONNES HAVE NOW BEEN ADDED INTO THE GLD INVENTORY.
end
Now the SLV Inventory/
JUNE 22/WITH SILVER UP 15 CENTS TODAY: NO CHANGE IN SILVER INVENTORY AT THE SLV//INVENTORY RESTS AT XXX MILLION OZ//
JUNE 19//WITH SILVER UP 22 CENTS TODAY: STRANGE!! A HUGE CHANGE IN SILVER INVENTORY AT THE SLV: A WITHDRAWAL OF 839,000 OZ FROM THE SLV////INVENTORY RESTS AT 486,454 MILLION OZ..
JUNE 18/WITH SILVER DOWN 16 CENTS TODAY: A HUGE CHANGE IN SILVER INVENTORY AT THE SLV: A DEPOSIT OF 932,000 OZ INTO THE SLV////INVENTORY RESTS AT 487.293 MILLION OZ
JUNE 17/WITH SILVER UP 8 CENTS TODAY: A HUGE CHANGES IN SILVER INVENTORY AT THE SLV: A DEPOSIT OF 3.261 MILLION OZ INTO THE SLV////INVENTORY REST AT 486.361 MILLION OZ
JUNE 16//WITH SILVER UP 20 CENTS TODAY: A HUGE CHANGE IN SILVER INVENTORY AT THE SLV: A DEPOSIT OF 1.118 MILLION OZ INTO THE SLV////INVENTORY RESTS AT 483.100 MILLION OZ//
JUNE 15/WITH SILVER DOWN 14 CENTS NO CHANGES IN SILVER INVENTORY: //INVENTORY RESTS AT 481.982 MILLION OZ///
JUNE 12/WITH SILVER DOWN 30 CENTS TODAY: A HUGE CHANGE IN SILVER INVENTORY AT THE SLV/: TWO DEPOSITS OF 7.269 MILLION OZ AND 1.802 MILLION OZ ADDED TO THE SLV///INVENTORY RESTS THIS WEEKEND AT 481.982 MILLION OZ//
JUNE 11//WITH SILVER UP 6 CENTS TODAY: NO CHANGES IN SILVER INVENTORY: ///INVENTORY RESTS AT 472.89 MILLION OZ//
JUNE 10/WITH SILVER UP 3 CENTS TODAY: NO CHANGES IN SILVER INVENTORY AT THE SLV//INVENTORY RESTS AT 472.849 MILLION OZ//
JUNE 9/WITH SILVER DOWN 6 CENTS TODAY//A HUGE CHANGE IN SILVER INVENTORY AT THE SLV: A DEPOSIT OF 2.605 MILLION OZ INTO THE SLV////INVENTORY RESTS AT 422.849 MILLION OZ//
JUNE 8/WITH SILVER UP 36 CENTS TODAY: TWO HUGE WITHDRAWALS OF 932,000 MILLION OZ AND 1.491 MILLION OZ FROM THE SLV//INVENTORY RESTS AT 470.240 MILLION OZ//
JUNE 5/WITH SILVER DOWN 46 CENTS TODAY: A SMALL CHANGE IN SILVER INVENTORY AT THE SLV: A PAPER WITHDRAWAL OF 648,000 OZ FROM THE SLV////INVENTORY RESTS AT 472.663 MILLION OZ
JUNE 4//WITH SILVER UP 8 CENTS TODAY: NO CHANGES IN SILVER INVENTORY AT THE SLV.//INVENTORY RESTS AT 473.315 MILLION OZ//
JUNE 3//WITH SILVER DOWN 23 CENTS TODAY//NO CHANGES IN SILVER INVENTORY AT THE SLV//
INVENTORY RESTS AT 473.315 MILLION OZ//
JUNE 2//WITH SILVER DOWN 31 CENTS TODAY; A HUGE CHANGES IN SILVER INVENTORY AT THE SLV: A HUMONGOUS 6.686 MILLION OZ ADDED TO THE SLV////INVENTORY RESTS TONIGHT AT 473.315 MILLION OZ//
JUNE 1//WITH SILVER UP 38 CENTS TODAY: A HUGE CHANGE IN SILVER INVENTORY AT THE SLV: A DEPOSIT OF 3.56 MILLION OZ INTO THE SLV////INVENTORY RESTS TONIGHT AT 466.629 MILLION OZ//
MAY 29//WITH SILVER UP 52 CENTS TODAY: A MASSIVE DEPOSIT OF 2.796 MILLION OZ INTO THE SLV//INVENTORY RESTS THIS WEEKEND AT 463.273 MILLION OZ//
MAY 28//WITH SILVER UP 9 CENTS TODAY: A MASSIVE CHANGE IN SILVER INVENTORY AT THE SLV: A DEPOSIT OF 4.660 MILLION OZ INTO THE SLV////INVENTORY RESTS AT 460.477 MILLION OZ//
MAY 27/WITH SILVER UP 13 CENTS TODAY: NO CHANGES IN SILVER INVENTORY AT THE SLV//INVENTORY RESTS AT 455.817 MILLION OZ//
MAY 26//WITH SILVER DOWN 9 CENTS TODAY: NO CHANGES IN SILVER INVENTORY AT THE SLV/// INVENTORY RESTS AT 455.817 MILLION OZ//
MAY 22/WITH SILVER UP 22 CENTS TODAY/ A HUGE PAPER WITHDRAWAL OF 1.864 MILLION OZ//INVENTORY RESTS AT 455.817 MILLION OZ/
LAST 5 DAYS: SILVER UP 60 CENTS: INVENTORY UP A WHOOPING 23.767 MILLION OZ///
MAY 21/WITH SILVER DOWN 50 CENTS TODAY: A HUGE PAPER DEPOSIT OF 7.923 MILLION OZ///INVENTORY RESTS AT 457.681 MILLION OZ//
MAY 20//WITH SILVER UP ANOTHER 11 CENTS TODAY: A HUGE CHANGE IN SLV INVENTORY: A HUGE PAPER DEPOSIT OF 9.601 MILLION OZ INTO THE SLV// //INVENTORY RESTS AT 449.758 MILLION OZ
MAY 19/WITH SILVER UP ANOTHER 29 CENTS TODAY: NO CHANGES IN SILVER INVENTORY AT THE SLV////INVENTORY RESTS AT 440.157 MILLION OZ//
MAY 18/WITH SILVER UP ANOTHER 48 CENTS TODAY: TWO BIG CHANGES IN SILVER INVENTORY AT THE SLV I.E. 2 PAPER DEPOSIT OF ( I) 8.39 MILLION OZ AND THEN ( 2) 8.109 MILLION OZ//INVENTORY RESTS AT 432.048 MILLION OZ// (TOTAL DEPOSITS 16.500 MILLION OZ///)
MAY 15/WITH SILVER UP 81 CENTS TODAY: NO CHANGE IN SILVER INVENTORY AT THE SLV: /INVENTORY RESTS AT 423.65 MILLION OZ.
MAY 14//WITH SILVER UP 33 CENTS TODAY: NO CHANGES IN SILVER INVENTORY AT THE SLV.//INVENTORY RESTS AT 423.65 MILLION OZ
MAY 13/WITH SILVER UP 2 CENTS TODAY: A HUGE CHANGES IN SILVER INVENTORY AT THE SLV: A PAPER DEPOSIT OF 2.79 MILLION OZ INTO THE SLV..//INVENTORY RESTS AT 423.65 MILLION OZ//
MAY 12/WITH SILVER UP 5 CENTS TODAY: A BIG CHANGES IN SILVER INVENTORY AT THE SLV: A DEPOSIT OF 3.076 MILLION OZ INTO THE SLV////INVENTORY RESTS AT 420.861 MILLION OZ//
MAY 11.WITH SILVER DOWN 5 CENTS TODAY: NO CHANGES IN SILVER INVENTORY AT THE SLV//INVENTORY RESTS AT 417.785 MILLION OZ//
MAY 8/WITH SILVER UP 11 CENTS TODAY: A HUGE CHANGE IN SILVER INVENTORY AT THE SLV: A MONSTER DEPOSIT OF 4.661 MILLION OZ OF SILVER INTO THE SLV..///INVENTORY RESTS AT 417.785 MILLION OZ//
MAY 7/WITH SILVER UP 45 CENTS TODAY: NO CHANGES IN SILVER INVENTORY AT THE SLV//INVENTORY RESTS AT 413.124 MILLION OZ//
MAY 6/WITH SILVER DOWN 6 CENTS TODAY: NO CHANGES IN SILVER INVENTORY AT THE SLV//INVENTORY RESTS AT 413.124 MILLION OZ//
MAY 5/WITH SILVER UP 17 CENTS TODAY: NO CHANGES IN SILVER INVENTORY AT THE SLV//INVENTORY RESTS AT 413.124 MILLION OZ///
MAY 4//WITH SILVER DOWN 5 CENTS TODAY:2 HUGE PAPER CHANGES IN SILVER INVENTORY AT THE SLV.i).A LARGE 1.399 MILLION OZ OF PAPER SILVER REMOVED FROM THE SLV//..//INVENTORY RESTS AT 411.427 MILLION OZ and ii) A LARGE 1.647 MILLION OZ OF PAPER SILVER ADDED TO THE SLV// INVENTORY RESTS AT 413.124 MILLION OZ//
MAY 1/WITH SILVER FLAT IN PRICE: NO CHANGES IN SILVER INVENTORY AT THE SLV//INVENTORY RESTS AT 412.826 MILLION OZ///
JUNE 22.2020:
SLV INVENTORY RESTS TONIGHT AT
486.454 MILLION OZ.
END
LIBOR SCHEDULE AND GOFO RATES// GOLD LEASE RATES
YOUR DATA.....
6 Month MM GOFO 2.56/ and libor 6 month duration 0.41
Indicative gold forward offer rate for a 6 month duration/calculation:
GOLD LENDING RATE: -2.31%
NEGATIVE GOLD LEASING RATES INCREASING BY A HUGE AMOUNT//GOLD SCARCITY AND CENTRAL BANKS CALLING IN ALL OF THEIR GOLD LEASES
XXXXXXXX
12 Month MM GOFO+ 2.10%
LIBOR FOR 12 MONTH DURATION: 0.58
GOFO = LIBOR - GOLD LENDING RATE
GOLD LENDING RATE = -1.52%
end