Harvey Organ: 24.42% Of Global Silver Production Transferred From COMEX To London So Far In January
Harvey also says the percentage of gold transferred from COMEX to London this month is nearly 20% of global annual production. Here's more...
by Harvey Organ of Harvey Organ Blog
JAN 22/JPMORGAN CONTINUES TO ADD TO ITS SILVER INVENTORY/GLD ADDS: GOLD EFP'S ISSUED BY THE COMEX: 5774/SILVER EFF'S ISSUED: 828 CONTRACTS/BITCOIN COLLAPSES TODAY DOWN OVER $1200.00 /USA SENATE VOTES FOR A 3 WEEK CONTINUING RESOLUTION AND THUS ENDS GOVERNMENT SHUTDOWN
GOLD: $1332.15 DOWN $0.85
Silver: $16.98 DOWN 5 cents
Closing access prices:
Gold $1334.50
silver: $17.01
SHANGHAI GOLD FIX: FIRST FIX 10 15 PM EST (2:15 SHANGHAI LOCAL TIME)
SECOND FIX: 2:15 AM EST (6:15 SHANGHAI LOCAL TIME)
SHANGHAI FIRST GOLD FIX: $1339.90 DOLLARS PER OZ
NY PRICE OF GOLD AT EXACT SAME TIME: $1331.55
PREMIUM FIRST FIX: $8.45
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SECOND SHANGHAI GOLD FIX: $1340.19
NY GOLD PRICE AT THE EXACT SAME TIME: $1329.90
Premium of Shanghai 2nd fix/NY:$10.29
SHANGHAI REJECTS NY /LONDON PRICING OF GOLD
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LONDON FIRST GOLD FIX: 5:30 am est $1335.80
NY PRICING AT THE EXACT SAME TIME: $1336.10
LONDON SECOND GOLD FIX 10 AM: $1332.60
NY PRICING AT THE EXACT SAME TIME. $1331.85
For comex gold:
JANUARY/
NUMBER OF NOTICES FILED TODAY FOR JANUARY CONTRACT: 50 NOTICE(S) FOR 5000 OZ.
TOTAL NOTICES SO FAR: 522 FOR 52200 OZ (1.6236 TONNES),
For silver:
jANUARY
19 NOTICE(S) FILED TODAY FOR
95,000 OZ/
Total number of notices filed so far this month: 707 for 3,535,000 oz
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Bitcoin: BID $11,260/OFFER $11,360 DOWN $72 (morning)
Bitcoin: BID $10,135/OFFER $10,229 DOWN $1200.00 (CLOSING/4 PM)
end
Let us have a look at the data for today
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In silver, the total open interest ROSE BY A CONSIDERABLE 2641 contracts from 194,808 RISING TO 197,449 WITH FRIDAY'S SMALL 9 CENT GAIN IN SILVER PRICING. WE THUS HAVE ZERO COMEX LIQUIDATION. HOWEVER, WE WERE AGAIN NOTIFIED THAT WE HAD ANOTHER SMALL SIZED NUMBER OF COMEX LONGS TRANSFERRING THEIR CONTRACTS TO LONDON THROUGH THE EFP ROUTE: 828 EFP'S FOR MARCH AND ZERO FOR OTHER MONTHS AND THUS TOTAL ISSUANCE OF 828 CONTRACTS. HOWEVER THE MOVEMENT ACROSS TO LONDON IS NOT AS SEVERE AS IN GOLD AS THERE SEEMS TO BE MAJOR PLAYERS WILLING TO TAKE ON THE BANKS AT THE COMEX. STILL, WITH THE TRANSFER OF 828 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 HRS IN THE ISSUING OF EFP'S.
ACCUMULATION FOR EFP'S/SILVER/ STARTING FROM FIRST DAY NOTICE/FOR MONTH OF JANUARY:
34,252 CONTRACTS (FOR 15 TRADING DAYS TOTAL 34,252 CONTRACTS OR 171.260 MILLION OZ: AVERAGE PER DAY: 2283 CONTRACTS OR 11.417 MILLION OZ/DAY)
TO GIVE YOU AN IDEA AS TO THE HUGE SUPPLY THIS MONTH IN SILVER: SO FAR THIS MONTH: 171.3 MILLION PAPER OZ HAVE MORPHED OVER TO LONDON. THIS REPRESENTS AROUND 24.42% OF ANNUAL GLOBAL PRODUCTION
RESULT: A GOOD SIZED GAIN IN OI COMEX DESPITE THE TINY 9 CENT GAIN IN SILVER PRICE WHICH USUALLY INDICATES ANOTHER FAILED BANKER SHORT-COVERING. WE ALSO HAD A SMALL SIZED EFP ISSUANCE OF 828 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 . FROM THE CME DATA 828 EFP'S WERE ISSUED FOR TODAY FOR A DELIVERABLE FORWARD CONTRACT OVER IN LONDON WITH A FIAT BONUS. WE REALLY GAINED 3469 OI CONTRACTS i.e. 828 open interest contracts headed for London (EFP's) TOGETHER WITH A INCREASE OF 2641 OI COMEX CONTRACTS. AND ALL OF THIS HAPPENED WITH THE SMALL RISE IN PRICE OF SILVER OF 9 CENTS AND A CLOSING PRICE OF $17.03 WITH RESPECT TO YESTERDAY'S TRADING. YET WE STILL HAVE A GOOD AMOUNT OF SILVER STANDING AT THE COMEX.
In ounces AT THE COMEX, the OI is still represented by just UNDER 1 BILLION oz i.e. 0.987 BILLION TO BE EXACT or 141% of annual global silver production (ex Russia & ex China).
FOR THE NEW FRONT JANUARY MONTH/ THEY FILED: 19 NOTICE(S) FOR 95,000 OZ OF SILVER
In gold, the open interest SHOCKINGLY FELL BY A CONSIDERABLE 8623 CONTRACTS DOWN TO586,528 DESPITE THE GOOD SIZED RISE IN PRICE OF GOLD WITH FRIDAY'S TRADING ($6.00). IN GOLD THE LONGS STARTED THEIR MOVEMENT FROM COMEX LONGS OVER TO LONDON BASED FORWARDS THROUGH THE EFP ROUTE. WE RECEIVED THE TOTAL NUMBER OF GOLD EFP'S ISSUED FOR MONDAY AND IT TOTALED A GOOD SIZED 5774 CONTRACTS OF WHICH THE MONTH OF FEBRUARY SAW 5774 CONTRACTS AND APRIL SAW THE ISSUANCE OF 0 CONTRACTS The new OI for the gold complex rests at 586,528. ALSO REMEMBER THAT THERE CAN 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. DEMAND FOR GOLD INTENSIFIES GREATLY AS WE CONTINUE TO WITNESS A HUGE NUMBER OF EFP TRANSFERS TOGETHER WITH THE MASSIVE INCREASE IN GOLD COMEX OI TOGETHER WITH THE TOTAL AMOUNT OF GOLD OUNCES STANDING FOR JANUARY COMEX. 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 (BIG RISE IN BOTH GOFO AND SIFO) AND WE ARE WITNESSING DELAYS IN ACTUAL DELIVERIES. IN ESSENCE TODAY WE HAVE A SMALL LOSS OF 2849 CONTRACTS: 8623 OI CONTRACTS DECREASED AT THE COMEX AND A GOOD SIZED 5774 OI CONTRACTS WHICH NAVIGATED OVER TO LONDON. EXPECT HUGE NUMBERS OF EFP'S TO BE ISSUED AS WE APPROACH FIRST DAY NOTICE IN THE GOLD FEB COMEX CONTRACT, WEDNESDAY JAN 31.2018
FRIDAY, WE HAD 5867 EFP'S ISSUED.
ACCUMULATION OF EFP'S/ GOLD(EXCHANGE FOR PHYSICAL) FOR THE MONTH OF JANUARY STARTING WITH FIRST DAY NOTICE: 140,491 CONTRACTS OR 1.40491 MILLION OZ OR 436.98 TONNES(15 TRADING DAYS AND THUS AVERAGING: 9366 EFP CONTRACTS PER TRADING DAY OR 9366 OZ/DAY)
TO GIVE YOU AN IDEA AS TO THE HUGE SIZE OF THESE EFP TRANSFERS : SO FAR THIS MONTH IN 15 TRADING DAYS: IN TONNES: 437 TONNES
TOTAL ANNUAL GOLD PRODUCTION, 2017, THROUGHOUT THE WORLD EX CHINA EX RUSSIA: 2200 TONNES
THUS EFP TRANSFERS REPRESENTS 437/2200 TONNES = 19.86% OF GLOBAL ANNUAL PRODUCTION SO FAR IN JANUARY ALONE.
Result: A SHOCKINGLY STRONG SIZED DECREASE IN OI AT THE COMEX DESPITE THE GOOD SIZED RISE IN PRICE IN GOLD TRADING ON YESTERDAY ($6.00). WE HAD ANOTHER GOOD SIZED NUMBER OF COMEX LONG TRANSFERRING TO LONDON THROUGH THE EFP ROUTE: 5774. THERE OBVIOUSLY DOES NOT SEEM TO BE MUCH PHYSICAL GOLD AT THE COMEX AND YET WE ALSO OBSERVED A HUGE DELIVERY MONTH FOR THE MONTH OF DECEMBER. I GUESS IT EXPLAINS THE HUGE ISSUANCE OF EFP'S...THERE IS HARDLY ANY GOLD PRESENT AT THE GOLD COMEX FOR DELIVERY PURPOSES. IF YOU TAKE INTO ACCOUNT THE 5774 EFP CONTRACTS ISSUED, WE HAD A NET LOSS IN OPEN INTEREST OF 2849 contracts ON THE TWO EXCHANGES:
5774 CONTRACTS MOVE TO LONDON AND 8623 CONTRACTS DECREASED AT THE COMEX. (in tonnes, the LOSS in total oi equates to 6.10 TONNES). HOWEVER THE LOSS IN OI IS DUE TO THE DELAY IN THE ISSUANCE OF EFP'S WHICH CAN GENERALLY TAKE UP TO AN ADDITIONAL 48 HRS.
we had: 50 notice(s) filed upon for 5000 oz of gold.
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With respect to our two criminal funds, the GLD and the SLV:
GLD
With gold DOWN $0.85, we had a huge change in gold inventory at the GLD/a monstrous deposit of 5.71 tonnes/
Inventory rests tonight: 840.96 tonnes.
SLV/
A BIG CHANGES IN SILVER INVENTORY AT THE SLV/A HUGE WITHDRAWAL OF 1.321 MILLION OZ FROM THE SLV INVENTORY/
INVENTORY RESTS AT 314.179 MILLION OZ/
Let us head over to the comex:
The total gold comex open interest SHOCKINGLY FELL BY A CONSIDERABLE 8623 CONTRACTS DOWN to an OI level of 586,528 DESPITE THE RISE IN THE PRICE OF GOLD ($6.00 GAIN WITH RESPECT TO FRIDAY'S TRADING). WE HAD CONSIDERABLE COMEX GOLD LIQUIDATION AS THE LONGS HAVE STARTED ON THE MIGRATION INTO LONDON BASED FORWARDS THROUGH THE EFP ROUTE. THE BANKERS ISSUED ANOTHER STRONG COMEX TRANSFER THROUGH THE EFP ROUTE AS THESE LONGS RECEIVED A DELIVERABLE LONDON FORWARD TOGETHER WITH A FIAT BONUS. THE CME REPORTS THAT A GOOD SIZED 5774 EFP'S WERE ISSUED FOR FEBRUARY , 0 EFP's FOR APRIL, AND 0 FOR DECEMBER: TOTAL 5774 CONTRACTS. THE OBLIGATION STILL RESTS WITH THE BANKERS ON THESE TRANSFERS. ALSO REMEMBER THAT THERE CAN BE A DELAY OF UP TO 48 HRS AFTER LONGS GIVE UP THEIR COMEX CONTRACTS AS THEY ARE NEGOTIATING A PRIVATE EFP CONTRACT WITH THE BANKS... THE COMEX IS NOW AN ABSOLUTE FRAUD!!
ON A NET BASIS IN OPEN INTEREST WE LOST TODAY: 2849 OI CONTRACTS IN THAT 5774 LONGS WERE TRANSFERRED AS FORWARDS TO LONDON AND WE LOST 8823 COMEX CONTRACTS. NET LOSS ON THE TWO EXCHANGES: 2849 contracts OR 284,900 OZ OR 8.86 TONNES
Result: A SURPRISING AND STRONG DECREASE IN COMEX OPEN INTEREST DESPITE THE RISE IN FRIDAY'S GOLD TRADING ($6.00.) WE HAD CONSIDERABLE COMEX GOLD LIQUIDATION. TOTAL OPEN INTEREST LOSS ON THE TWO EXCHANGES: 2849 OI CONTRACTS...
We have now entered the active contract month of JANUARY. The open interest for the front month of JANUARY saw it's open interest FALL by 156 contracts FALLING TO 75. We had 19 notices served upon yesterday so we LOST 137 contracts or an additional 13700 oz of gold will NOT stand AT THE COMEX in this non active month of January AS THESE GUYS MORPHED INTO LONDON BASED FORWARDS
FEBRUARY saw a LOSS of 19,542 contacts DOWN to 290,547. March saw a LOSS of 16 contracts DOWN to 616. April saw a GAIN of 10,418 contracts UP to 179,983.
We had 50 notice(s) filed upon today for 5000 oz
a surprise: we receive the comex volumes and on time:
PRELIMINARY VOLUME TODAY ESTIMATED; 397,501
FINAL NUMBERS CONFIRMED FOR YESTERDAY: 321,654
comex gold volumes are RISING AGAIN
xxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxAnd now for the wild silver comex results.
Total silver OI ROSE BY A CONSIDERABLE 2641 CONTRACTS FROM 194,808 UP TO 197,449 DESPITE YESTERDAY'S TINY 9 CENT RISE. WE WERE ALSO INFORMED THAT WE HAD ANOTHER SMALL SIZED 828 EMERGENCY EFP'S FOR MARCH ISSUED BY OUR BANKERS (AND ZERO FOR ALL OTHER MONTHS) TO COMEX LONGS WHO RECEIVED A FIAT BONUS PLUS A DELIVERABLE PRODUCT OVER IN LONDON: THE TOTAL EFP'S ISSUED: 828. THE SILVER BOYS HAVE STARTED TO MIGRATE TO LONDON FROM THE START OF DELIVERY MONTH AND CONTINUING RIGHT THROUGH UNTIL FIRST DAY NOTICE JUST LIKE WE ARE WITNESSING TODAY. USUALLY WE NOTED THAT CONTRACTION IN OI OCCURRED ONLY DURING THE LAST WEEK OF AN UPCOMING ACTIVE DELIVERY MONTH AS WE HAVE JUST SEEN IN GOLD TODAY. THIS PROCESS HAS JUST BEGUN IN EARNEST IN SILVER STARTING IN SEPTEMBER 2017. HOWEVER, IN GOLD, WE HAVE BEEN WITNESSING THIS FOR THE PAST 2 YEARS. NICK LAIRD WAS KIND ENOUGH TO SUPPLY US THE TOTAL FOR 2017 GOLD EFP'S AND IT WAS 6600 TONNES FOR THE ENTIRE YEAR. WE HAD ZERO LONG COMEX SILVER LIQUIDATION AND A GOOD SIZED RISE IN TOTAL SILVER OI. WE ARE ALSO WITNESSING A FAIR AMOUNT OF SILVER OUNCES STANDING FOR COMEX METAL IN THIS NON ACTIVE JANUARY AS WELL AS THAT CONTINUAL MIGRATION OF EFPS OVER TO LONDON. ON A PERCENTAGE BASIS THERE ARE MORE EFP'S ISSUED FOR GOLD THAN SILVER. ON A NET BASIS WE GAINED 3469 OPEN INTEREST CONTRACTS:
2641 CONTRACT GAIN AT THE COMEX COMBINING WITH THE ADDITION OF 828 OI CONTRACTSNAVIGATING OVER TO LONDON.
NET GAIN TWO EXCHANGES: 3469 CONTRACTS
We are now in the poor non active delivery month of January and here the OI GAINED 17 contracts RISING TO 33. We had 5 notices served upon yesterday, so we GAINED 22 contracts or an additional 110,000 oz will stand for delivery AT THE COMEX AND QUEUE JUMPING CONTINUES
February saw a LOSS OF 9 OI contracts FALLING TO 158. The March contract GAINED 878 contracts UP to 138,255.
We had 19 notice(s) filed for NIL 95,000 for the January 2018 contract for silver
INITIAL standings for JANUARY
Jan 22/2018.
we had one kilobar transaction/We had 0 inventory movement at the dealer accountstotal inventory movement into the dealer accounts: nil ozwe had 1 withdrawals into the customer account:i) out of Scotia: 7233.75 oz(225 kilobars)total withdrawal: 7233.75 ozwe had 0 customer deposittotal deposits: nil ozwe had 0 adjustmentstotal registered or dealer gold: 586,501.473 oz or 18.242 tonnestotal registered and eligible (customer) gold; 9,313,900.494 oz 289.70 tonesFor JANUARY:Today, 44 notice(s) were issued from JPMorgan dealer account and 0 notices were issued from their client or customer account. The total of all issuance by all participants equates to 50 contract(s) of which 7 notices were stopped (received) by j.P. Morgan dealer and 33 notice(s) was (were) stopped/ Received) by j.P.Morgan customer account.
xxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxTo calculate the INITIAL total number of gold ounces standing for the JANUARY. contract month, we take the total number of notices filed so far for the month (522) x 100 oz or 52200 oz, to which we add the difference between the open interest for the front month of JAN. (75 contracts) minus the number of notices served upon today (50 x 100 oz per contract) equals 54700 oz, the number of ounces standing in this active month of JANUARY
Thus the INITIAL standings for gold for the JANUARY contract month:
No of notices served (522 x 100 oz or ounces + {(75)OI for the front month minus the number of notices served upon today (50 x 100 oz which equals 54,700 oz standing in this active delivery month of JANUARY (1.701 tonnes). THERE IS 18.245 TONNES OF REGISTERED GOLD AVAILABLE FOR DELIVERY SO FAR.
WE LOST 137 CONTRACTS OR AN ADDITIONAL 13700 OZ WILL NOT STAND IN THIS NON ACTIVE DELIVERY MONTH OF JANUARY AS THESE GUYS MORPHED INTO LONDON FORWARDS
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ON FIRST DAY NOTICE FOR JANUARY 2017, THE INITIAL GOLD STANDING: 3.904 TONNES STANDING
BY THE END OF THE MONTH: FINAL: 3.555 TONNES STOOD FOR COMEX DELIVERY AS THE REMAINDER HAD TRANSFERRED OVER TO LONDON FORWARDS.
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I have a sneaky feeling that these withdrawals of gold in kilobars are being used in the hypothecating process and are being used in the raiding of gold!The gold comex is an absolute fraud. The use of kilobars and exact weights makes the data totally absurd and fraudulent! To me, the only thing that makes sense is the fact that "kilobars: are entries of hypothecated gold sent to other jurisdictions so that they will not be short with their underwritten derivatives in that jurisdiction. This would be similar to the rehypothecated gold used by Jon Corzine at MF Global.
IN THE LAST 14 MONTHS 65 NET TONNES HAS LEFT THE COMEX.
end
And now for silver
AND NOW THE DECEMBER DELIVERY MONTH
DECEMBER FINAL standings
we had no inventory movement at the dealer side of things
total inventory movement dealer: nil oz
we had 1 inventory deposits into the customer account
i) JPMorgan continues to add silver to its inventory:
Deposit: 1,225,783.000 ??? oz
total inventory deposits: 1,225,783.000 oz
we had 2 withdrawals from the customer account;
i) Out of Scotia: 18,128.100 oz
ii) Out of Delaware: 1026.219 oz
total withdrawals; 19,154.319 oz
we had 0 adjustment
total dealer silver: 45.461 million
total dealer + customer silver: 248.016 million oz
The total number of notices filed today for the JANUARY. contract month is represented by 19 contract(s) FOR 95,000 oz. To calculate the number of silver ounces that will stand for delivery in JANUARY., we take the total number of notices filed for the month so far at 707 x 5,000 oz = 3,535,000 oz to which we add the difference between the open interest for the front month of JAN. (19) and the number of notices served upon today (19 x 5000 oz) equals the number of ounces standing.
.
Thus the INITIAL standings for silver for the JANUARY contract month: 707(notices served so far)x 5000 oz + OI for front month of JANUARY(19) -number of notices served upon today (19)x 5000 oz equals 3,535,000 oz of silver standing for the JANUARY contract month. This is VERY GOOD for this NONACTIVE delivery month of JANUARY. WE GAINED 22 CONTRACTS OR AN ADDITIONAL 110,000 OZ WILL STAND FOR DELIVERY IN THIS NON ACTIVE DELIVERY MONTH OF JANUARY AS QUEUE JUMPING INTENSIFIES AS WE PROCEED TO MONTH'S END.
ON FIRST DAY NOTICE FOR THE JANUARY 2017 CONTRACT WE HAD 3.790 MILLION OZ STAND.
THE FINAL STANDING: 3,730 MILLION OZ
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I almost fell from my chair: we received volumes at the comex and they were on time
ESTIMATED VOLUME FOR TODAY: 56,688
CONFIRMED VOLUME FOR FRIDAY: 65,105 CONTRACTS
YESTERDAY'S CONFIRMED VOLUME OF 65105 CONTRACTS EQUATES TO 325 MILLION OZ OR 46.5% 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 $18.42The 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 FALLS TO -1.96% (Jan 18/2018)2. Sprott gold fund (PHYS): premium to NAV RISES TO -0.59% to NAV (Jan 18/2018 )Note: Sprott silver trust back into NEGATIVE territory at -1.96%-/Sprott physical gold trust is back into NEGATIVE/ territory at -0.70%/Central fund of Canada's is still in jail but being rescued by Sprott.Sprott WINS hostile 3.1 billion bid to take over Central Fund of Canada
(courtesy Sprott/GATA)
3.SPROTT CEF.A FUND (FORMERLY CENTRAL FUND OF CANADA): NAV FALLS TO 2.95%: NAV 13.92/TRADING 13.49//DISCOUNT 2.95%
MAKES NO SENSE!!
END
And now the Gold inventory at the GLD/
Jan 22/a huge deposit of 5.71 tonnes of gold despite a drop in price/inventory rests at 846.67 tonnes. In 3 trading days, the GLD has added 17.71 tonnes/the bankers are now in trouble!!
Jan 19/no change in gold inventory at the GLD/Inventory rests at 840.76 tonnes
Jan 18/SHOCKINGLY A HUGE DEPOSIT OF 11.80 TONNES WITH GOLD DOWN ALMOST $12.00/INVENTORY RESTS AT 840.76
Jan 17/no changes in gold inventory at the GLD/inventory rests at 828.96 tonnes
Jan 16/NO CHANGES IN GOLD INVENTORY AT THE GLD/INVENTORY RESTS AT 828.96 TONNES
Jan 12/no changes in inventory at the GLD despite the rise in gold price/inventory rests at 828.96 tonnes
Jan 11/ANOTHER IDENTICAL WITHDRAWAL OF 2.95 TONNES FROM THE GLD INVENTORY/INVENTORY RESTS AT 828.96 TONNES
Jan 10/with gold up today, a strange withdrawal of 2.95 tonnes/inventory rests at 831.91 tonnes
Jan 9/no changes in gold inventory at the GLD/Inventory rests at 834.88 tonnes
Jan 8/with gold falling by a tiny $1.40 and this being after 12 consecutive gains, today they announce another 1.44 tonnes of gold withdrawal from the GLD/
Jan 5/NO CHANGE IN GOLD INVENTORY AT THE GLD/INVENTORY RESTS AT 836.32 TONNES
Jan 4/2018/no change in gold inventory at the GLD/Inventory rests at 836.32 tonnes
Jan 3/a huge withdrawal of 1.18 tonnes of gold from the GLD/Inventory rests at 836.32 tonnes
Jan 2/2018/no changes in gold inventory at the GLD/inventory rests at 837.50 tonnes
Dec 29/NO CHANGES IN GOLD INVENTORY AT THE GLD/INVENTORY RESTS AT 837.50 TONNES
Dec 28/NO CHANGES IN GOLD INVENTORY AT THE GLD/INVENTORY RESTS AT 837.50 TONNES
Dec 27/NO CHANGES IN GOLD INVENTORY AT THE GLD/ INVENTORY RESTS AT 837.50 TONNES
Dec 26/no change in gold inventory at the GLD
Dec 22/ A DEPOSIT OF 1.48 TONNES OF GOLD INTO GLD INVENTORY/INVENTORY RESTS AT 837.50 TONNES
Dec 21?EUR? NO CHANGE IN GOLD INVENTORY AT THE GLD/INVENTORY RESTS AT 836.02 TONNES
Dec 20/DESPITE THE GOOD ADVANCE IN PRICE TODAY/THE CROOKS RAIDED THE COOKIE JAR TO THE TUNE OF 1.18 TONNES/INVENTORY RESTS AT 836.02 TONNES
Dec 19/NO CHANGE IN GOLD INVENTORY AT THE GLD/INVENTORY RESTS AT 837.20 TONNES
Dec 18 SHOCKINGLY AFTER TWO GOOD GOLD TRADING DAYS, THE CROOKS RAID THE COOKIE JAR BY THE SUM OF 7.09 TONNES/INVENTORY RESTS AT 837.20 TONNES
Dec 15/NO CHANGES IN GOLD INVENTORY/RESTS AT 844.29 TONNES.
Dec 14/a good sized gain of 1.48 tonnes of gold into the GLD/inventory rests at 844.29 tones
Dec 13/no changes in gold inventory at the GLD/inventory rests at 842.81 tonnes
Dec 12/SURPRISINGLY NO CHANGES IN GOLD INVENTORY AT THE GLD/INVENTORY RESTS AT 842.81 TONNES
Dec 11/SURPRISINGLY NO CHANGES IN GOLD INVENTORY AT THE GLD DESPITE THE CONSTANT RAIDS ON GOLD/INVENTORY RESTS AT 842.81 TONNES
Dec 8/NO CHANGES IN GOLD INVENTORY AT THE GLD/INVENTORY RESTS AT 842.81 TONNES
Dec 7/A BIG WITHDRAWAL OF 2.66 TONNES FROM THE GLD/INVENTORY RESTS AT 842.81 TONNES
Dec 6/No changes in GOLD inventory at the GLD/Inventory rests at 845.47 tonnes
xxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxJan 19/2018/ Inventory rests tonight at 846.67 tonnes
*IN LAST 312 TRADING DAYS: 94.48 NET TONNES HAVE BEEN REMOVED FROM THE GLD*LAST 246 TRADING DAYS: A NET 62.83 TONNES HAVE NOW BEEN ADDED INTO GLD INVENTORY.
end
Now the SLV Inventory
JAN 22.2018/with silver down by 5 cents/ the crooks at the SLV liquidate 1.321 million oz of silver/inventory rests at 314.179 million oz/
Jan 19/ no changes in silver inventory at the SLV/inventory rests at 315.500 million oz/
jan 18/A WITHDRAWAL OF 848,000 OZ OF SILVER FROM THE SLV/INVENTORY RESTS AT 315.500 MILLION OZ/
Jan 17/no changes in silver inventory at the SLV/inventory rests at 316.348 million oz/
Jan 16/NO CHANGES IN SILVER INVENTORY AT THE SLV/INVENTORY RESTS AT 316.348 MILLION OZ
Jan 12/no changes in silver inventory at the SLV/inventory rests at 316.348 million oz/
Jan 11/NO CHANGE IN SILVER INVENTORY AT THE SLV/INVENTORY RESTS AT 316.348 MILLION OZ/
Jan 10/with silver up again, we had a huge withdrawal of 1.227 million oz from the SLV/inventory rests at 316.348 million oz
Jan 9/a withdrawal of 848,000 oz from the SLV/Inventory rests at 317.575 million oz/
jan 8/no change in silver inventory at the SLV/Inventory rests at 318.423 million oz/
Jan 5/DESPITE NO CHANGE IN SILVER PRICING, WE HAD A HUGE WITHDRAWAL OF 2.026 MILLION OZ/INVENTORY RESTS AT 318.423 MILLION OZ.
Jan 4.2018/a slight withdrawal of 180,000 oz and this would be to pay for fees/inventory rests at 320.449 million oz/
Jan 3/NO CHANGE IN SILVER INVENTORY AT THE SLV/INVENTORY RESTS AT 320.629 MILLION OZ.
Jan 2/WITH SILVER UP DRAMATICALLY THESE PAST 4 TRADING DAYS, THE FOLLOWING MAKES NO SENSE: WE HAD A WITHDRAWAL OF 2.83 MILLION OZ FROM THE SLV
INVENTORY RESTS AT 320.629 MILLION OZ/
Dec 29/no changes in silver inventory at the SLV/inventory rests at 323.459 million oz/
Dec 28/DESPITE THE RISE IN SILVER AGAIN BY 13 CENTS, WE LOST ANOTHER 1,251,000 OZ OF SILVER FROM THE SILVER.
Dec 27/WITH SILVER UP AGAIN BY 17 CENTS, WE LOST ANOTHER 802,000 OZ OF SILVER INVENTORY/WHAT CROOKS/INVENTORY RESTS AT 324.780 MILLION OZ/
Dec 26/no change in silver inventory at the SLV./Inventory rests at 325.582
Dec 21/NO CHANGE IN SILVER INVENTORY AT THE SLV/INVENTORY RESTS AT 326.227 MILLION OZ/
Dec 20/INVENTORY REMAINS CONSTANT AT 326.337 MILLION OZ (COMPARE WITH GLD)
Dec 19/SILVER INVENTORY REMAINS CONSTANT AT 326.337 MILLION OZ
Dec 18.2017//SILVER INVENTORY CONTINUES TO REMAIN PAT./INVENTORY REMAINS AT 326.337 MILLION OZ/
INVENTORY RESTS AT 326.337 TONNES
Dec 15/NO CHANGE IN SILVER INVENTORY AT THE SLV/INVENTORY RESTS AT 326.337 MILLION OZ/
Dec 14/a small withdrawal of 377,000 oz and that usually means to pay for fees./inventory rests at 326.337 million oz/
Dec 13/no change in silver inventory at the SLV/Inventory rests at 326.714 million oz/
Dec 12/WOW!ANOTHER STRANGE ONE: SILVER HAS BEEN DOWN FOR 10 CONSECUTIVE DAYS, YET THE SLV ADDS ANOTHER 1.415 MILLION OZ TO ITS INVENTORY. IN THAT 10 DAY PERIOD, SLV ADDS 9.584 MILLION OZ/
INVENTORY RESTS AT 326.714 MILLION OZ
Dec 11/WOW!! ANOTHER STRANGE ONE: SILVER DESPITE BEING DOWN FOR 9 CONSECUTIVE TRADING DAYS ADDS ANOTHER 944,000 OZ TO ITS INVENTORY. FROM NOV 30 UNTIL TODAY SILVER HAS BEEN DOWN EVERY DAY. HOWEVER THE INVENTORY OF SILVER HAS RISEN 8.169 MILLION OZ.
Dec 8/A HUGE DEPOSIT OF 2.642 MILLION OZ/INVENTORY RESTS AT 324.355 MILLION OZ/
Dec 7/strange!! with the continual whacking of silver, no change in silver inventory at the SLV/Inventory rests at 321.713
Dec 6/no change in silver inventory at the SLV/Inventory remains at 21.713 million oz.
Jan 19/2017:
Inventory 314.179 million oz
end
6 Month MM GOFOIndicative gold forward offer rate for a 6 month duration
+ 1.76%12 Month MM GOFO+ 2.11%30 day trend