Silver Looks Stellar! Expect Silver To Attack The HUGE $30 Barrier
It should be fun to watch...
by Harvey Organ of Harvey Organ Blog
AUGUST 31//GOLD UP $5.90 TO $1965.60//SILVER UP 80 CENTS (EX LONDON)//INITIAL SILVER OZ STANDING FOR SEPT: 52 MILLION OZ//A VERY STRONG 9.5 TONNES OF GOLD STANDING AT THE GOLD COMEX FOR SEPT/CHINA VS USA ESCALATION//CORONAVIRUS UPDATES SAT, SUN AND TODAY//OHIO FIREFIGHTER AND POLICE PENSION FUNDS WILL NOW INCLUDE 5% GOLD///RIOTING CONTINUES IN MAJOR USA CITIES: CHICAGO/KENOSHA, ETC//BIDEN EXITS HIS BUNKER AND ATTACKS TRUMP FOR THE RIOTS///MORE SWAMP STORIES FOR YOU TONIGHT///
GOLD:$1965.60 UP $5.90 The quote is London spot price
Silver:$28.28 UP$0.80 London spot price ( cash market)Gold and especially silver had a stellar day despite the fact that London, our major physical sponsor, was absent due to a banking holiday.Expect gold to attack the 2,000 level and silver the huge 30.00 dollar barriershould be fun to watch..your data for today.
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Closing access prices: London spot
i)Gold : $1969.20 LONDON SPOT 4:30 pm
ii)SILVER: $28.18//LONDON SPOT 4:30 pm
CLOSING FUTURES PRICES: KEY MONTHS
SEPT GOLD: $1969.10 CLOSE 1::30 PM SPREAD SPOT/FUTURE AUG (BACKWARD $2.4//) SCARCITY//
OCT GOLD: $1970.10 CLOSE 1.30 PM// SPREAD SPOT/FUTURE OCT /: : $1.40//BACKWARD//
DEC. GOLD $1978.30 CLOSE 1.30 PM SPREAD SPOT/FUTURE DEC $7.60/ CONTANGO ($4.30 BELOW NORMAL CONTANGO)
CLOSING SILVER FUTURE MONTH
SILVER SEPT COMEX CLOSE; $28.40...1:30 PM.//SPREAD SPOT/FUTURE SEPT// : ( 12 cent contango//12 CENTS ABOVE NORMAL contango)
SILVER DECEMBER CLOSE: $28.59 1:30 PM SPREAD SPOT/FUTURE DEC. : 31 CENTS PER OZ CONTANGO ( 19 CENTS ABOVE NORMAL CONTANGO)
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COMEX DATA
JPMorgan has been receiving gold with reckless abandon and sometimes supplying (stopping)
receiving today: 0/1928
EXCHANGE: COMEXCONTRACT: SEPTEMBER 2020 COMEX 100 GOLD FUTURESSETTLEMENT: 1,964.600000000 USDINTENT DATE: 08/28/2020 DELIVERY DATE: 09/01/2020FIRM ORG FIRM NAME ISSUED STOPPED____________________________________________________________________________________________118 H MACQUARIE FUT 25135 H RAND 10159 C ED&F MAN CAP 3355 C CREDIT SUISSE 44624 C BOFA SECURITIES 481 164657 C MORGAN STANLEY 323657 H MORGAN STANLEY 578661 C JP MORGAN 502685 C RJ OBRIEN 3686 C INTL FCSTONE 5690 C ABN AMRO 149 11709 C BARCLAYS 927709 H BARCLAYS 126732 C RBC CAP MARKETS 33737 C ADVANTAGE 3 1800 C MAREX SPEC 18 16880 C CITIGROUP 2905 C ADM 432____________________________________________________________________________________________
TOTAL: 1,928 1,928MONTH TO DATE: 1,928
NUMBER OF NOTICES FILED TODAY FOR AUGUST CONTRACT: 1928 NOTICE(S) FOR 192800 OZ (5.9988 tonnes)
TOTAL NUMBER OF NOTICES FILED SO FAR: 1928 NOTICES FOR 192800 OZ
SILVER
6545 NOTICE(S) FILED TODAY FOR 32,750,000 OZ/
total number of notices filed so far this month: 6545 for 32.750 MILLION oz
BITCOIN MORNING QUOTE $11,674 DOWN 32
BITCOIN AFTERNOON QUOTE.: $11,731 UP 12
GLD AND SLV INVENTORIES:
WITH GOLD UP $5.90 AND NO PHYSICAL TO BE FOUND ANYWHERE:
WITH ALL REFINERS CLOSED//MEXICO ORDERING ALL MINES SHUT: WHERE ARE THEY GETTING THE "PHYSICAL?NO CHANGE IN GOLD INVENTORY AT THE GLD//
GLD: 1,251.50 TONNES OF GOLD//
WITH SILVER UP 80 CENTS TODAY: AND WITH NO SILVER AROUND:
A MASSIVE CHANGE IN INVENTORY AT THE SLV/// ANOTHER PAPER DEPOSIT OF 2.982 MILLION OZ INTO THE SLV
RESTING SLV INVENTORY TONIGHT:
SLV: 574.053 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 FELL BY A STRONG SIZED 1,352 CONTRACTS FROM 169,720 DOWN TO 168,368, AND FURTHER FROM OUR NEW RECORD OF 244,710, (FEB 25/2020. THE LOSS IN OI OCCURRED DESPITE OUR STRONG 48 CENT RISE IN SILVER PRICING AT THE COMEX. IT SEEMS THAT THE LOSS IN COMEX OI IS PRIMARILY DUE TO OUR CONTINUING SILVER SPREADER LIQUIDATION ALTHOUGH LESS THAN THURSDAY.... CONSIDERABLE BANKER SHORT COVERING COUPLED AGAINST A STRONG EXCHANGE FOR PHYSICAL ISSUANCE, ZERO LONG LIQUIDATION, WITH A POWERFUL INITIAL STANDING IN SILVER AT THE COMEX FOR AUGUST. WE HAD A TINY NET GAIN IN OUR TWO EXCHANGES OF 170 CONTRACTS, WITH THE MAJORITY OF THE COMEX LOSS DUE TO THE LIQUIDATION OF OUR CRIMINAL SPREADERS... (SEE CALCULATIONS BELOW).
WE HAVE ALSO WITNESSED A HUGE 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 STRONG SIZED NUMBER OF COMEX LONGS TRANSFERRING THEIR CONTRACTS TO LONDON THROUGH THE EFP ROUTE: SEP 1136 DEC: 0, MARCH 0 FOR ZERO ALL OTHER MONTHS AND THEREFORE TOTAL ISSUANCE 1136 CONTRACTS. WITH THE TRANSFER OF 1136 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 1136 EFP CONTRACTS TRANSLATES INTO 5.680 MILLION OZ ACCOMPANYING:
1.THE 48 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
2.205 MILLION OF FINAL STANDING FOR JUNE
86.470 MILLION OZ FINAL STANDING IN JULY.
6.475 MILLION OZ FINAL STANDING IN AUGUST
52.740 MILLION OZ INITIALLY STANDING IN SEPT
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 48 CENTS) ).. AND, OUR OFFICIAL SECTOR/BANKERS WERE BASICALLY UNSUCCESSFUL IN THEIR ATTEMPT TO FLEECE ANY SILVER LONGS FROM THEIR POSITIONS AS ALTHOUGH WE HAD A STRONG LOSS AT THE COMEX, THE ENTIRE LOSS WAS DUE TO OUR CONTINUING SILVER SPREADER LIQUIDATION OPERATION. THE BANKERS ENGAGED IN CONSIDERABLE BANKER SHORT COVERING,, BUT THEY COULD NOT COVER MUCH.WITH THE CONSIDERABLE RISE IN PRICE. THUS: IN SUMMARY
i)CONTINUING SPREADER LIQUIDATION ii) A STRONG ISSUANCE OF EXCHANGE FOR PHYSICALS 2) A HUGE INITIAL SILVER OZ STANDING FOR SEPTEMBER, HUGE BANKER SHORT COVERING AND 4) ZERO LONG LIQUIDATION. YOU CAN BET THE FARM THAT OUR BANKERS ARE DESPERATE TO LIQUIDATE THEIR HUGE SHORT POSITIONS IN SILVER..AND THUS THE REASON FOR OUR MASSIVE RAID THIS MORNING AND ALL LAST WEEK
SPREADING OPERATIONS/NOW SWITCHING TO SILVER (WE SWITCH OVER TO GOLD ON SEPT 1)
OUR SPREADING OPERATION HAS NOW SWITCHED INTO GOLD.....
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 SEPT.
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 GOLD 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 AUGUST HEADING TOWARDS THE ACTIVE DELIVERY MONTH OF SEPT FOR SILVER:
YOU WILL ALSO NOTICE THAT THE COMEX OPEN INTEREST STARTS TO RISE IN THIS NON ACTIVE MONTH OF AUGUST. 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 (SEPT), 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
AUGUST
ACCUMULATION FOR EFP'S/SILVER/J.P.MORGAN'S HOUSE OF BRIBES, / STARTING FROM FIRST DAY /FOR MONTH OF AUGUST:
25,492 CONTRACTS (FOR 21 TRADING DAY(S) TOTAL 25,492 CONTRACTS) OR 127.46 MILLION OZ: (AVERAGE PER DAY: 1049 CONTRACTS OR 5.245 MILLION OZ/DAY)
TO GIVE YOU AN IDEA AS TO THE HUGE SUPPLY THIS MONTH IN SILVER: SO FAR THIS MONTH OF AUGUST: 127.46 MILLION PAPER OZ HAVE MORPHED OVER TO LONDON. THIS REPRESENTS AROUND 18.20% 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: 1,386.09 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 71.15 MILLION OZ.
JULY EXP 133.95 MILLION OZ/ (EXCHANGE FOR PHYSICALS STARTING TO RISE EXPONENTIALLY AGAIN)
AUGUST EXP 127.46 MILLION OZ (EXCHANGE FOR PHYSICALS STARTING TO DECREASE AGAIN)
RESULT: WE HAD A STRONG SIZED DECREASE IN COMEX OI SILVER COMEX CONTRACTS OF 1352, DESPITE OUR 48 CENT RISE IN SILVER PRICING AT THE COMEX ///FRIDAY AS ONE A NET BASIS, NOBODY REALLY LEFT THE SILVER ARENA..AS ALL OF THE LOSS WAS DUE TO SPREADER LIQUIDATION...THE CME NOTIFIED US THAT WE HAD A STRONG SIZED EFP ISSUANCE OF 1136 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 LOST A STRONG SIZED 1352 OI CONTRACTS ON THE TWO EXCHANGES (DESPITE OUR STRONG 48 CENT GAIN IN PRICE)//AND AS MENTIONED ABOVE, ALL OF THE COMEX LOSS WAS DUE TO SPREADER LIQUIDATION.
THE TALLY//EXCHANGE FOR PHYSICALS
i.e 1136 OPEN INTEREST CONTRACTS HEADED FOR LONDON (EFP's) TOGETHER WITH A CONSIDERABLE SIZED DECREASE OF 1,352 OI COMEX CONTRACTS. AND ALL OF THIS DEMAND HAPPENED WITH OUR 48 CENT RISE IN PRICE OF SILVER/AND A CLOSING PRICE OF $27.49 // 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. 0.843 BILLION OZ TO BE EXACT or 120% of annual global silver production (ex Russia & ex China).
FOR THE NEW AUGUST DELIVERY MONTH/ THEY FILED AT THE COMEX: 6745 NOTICE(S) FOR 32,725,000 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 WAS SET WITH A PRICE OF: 18.91 (FEB 25/2020)
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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: 2.205 MILLION OZ// JULY 86.470 million oz//AUGUST 6.475 MILLION OZ//SEPT. 52.740 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 A FAIR SIZED 3716 CONTRACTS TO 547,812 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 FAIR SIZED GAIN IN COMEX OI OCCURRED WITH OUR RISE IN PRICE OF $38.20 /// COMEX GOLD TRADING// FRIDAY//WE HAD CONSIDERABLE BANKER SHORT COVERING, A STRONG INITIAL STANDING AT THE GOLD COMEX FOR SEPT, ALONG WITH SOME ZERO LONG LIQUIDATION ACCOMPANYING A SMALL EXCHANGE FOR PHYSICAL ISSUANCE. THIS ALL HAPPENED WITH OUR HUGE GAIN IN PRICE OF $38.20.
WE HAD A VOLUME OF 0 4 -GC CONTRACTS//OPEN INTEREST 134// (2400 OZ WAS DELIVERED ON FRIDAY FROM THE ENHANCED GOLD INVENTORY)...
WE GAINED A STRONG SIZED 7177 CONTRACTS (22.32 TONNES) ON OUR TWO EXCHANGES
E.F.P. ISSUANCE
THE CME RELEASED THE DATA FOR EFP ISSUANCE AND IT TOTALED A SMALL SIZED 4380 CONTRACTS:
CONTRACT .; AUG 0 AND OCT: 0 DEC: 3461; JUNE: 0 ALL OTHER MONTHS ZERO//TOTAL: 4380. The NEW COMEX OI for the gold complex rests at 547,812. 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 EXCHANGE 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 A STRONG SIZED INCREASE IN TOTAL CONTRACTS ON THE TWO EXCHANGES OF 7177 CONTRACTS: 3716 CONTRACTS INCREASED AT THE COMEX AND 3461 EFP OI CONTRACTS WHICH NAVIGATED OVER TO LONDON. THUS TOTAL OI GAIN OF 7177 CONTRACTS OR 22.32 TONNES. FRIDAY, WE HAD A POWERFUL GAIN OF $38.20 IN GOLD TRADING......
AND WITH THAT GAIN IN PRICE, WE HAD A STRONG SIZED GAIN IN TOTAL/TWO EXCHANGES GOLD TONNAGE OF 22.32 TONNES!!!!!! THE BANKERS WERE UNSUCCESSFUL IN THEIR ATTEMPT TO LOWER GOLD'S PRICE (IT ROSE $38.20). WE HAD A STRONG BANKER SHORT COVERING OPERATION AND JUDGING FROM THE STRONG GAIN IN TOTAL OI WITH FAIR ISSUANCE IN EXCHANGES FOR PHYSICAL THEY COULD NOT FLEECE ANY OF OUR SPECULATOR LONGS.
CALCULATIONS ON GAIN/LOSS ON OUR TWO EXCHANGES:
WE HAD A FAIR SIZED ISSUANCE IN EXCHANGE FOR PHYSICALS (3461) ACCOMPANYING THE GOOD SIZED GAIN IN COMEX OI (3461 OI): TOTAL GAIN IN THE TWO EXCHANGES: 7127 CONTRACTS. WE NO DOUBT HAD 1 )CONSIDERABLE BANKER SHORT COVERING , 2.)A STRONG INITIAL STANDING AT THE GOLD COMEX FOR THE FRONT SEPT. MONTH, 3) ZERO NET LONG LIQUIDATION; 4) GOOD COMEX OI GAIN AND 5) FAIR ISSUANCE OF EXCHANGE FOR PHYSICAL AND ...ALL OF THIS WAS COUPLED WITH OUR HUGE GAIN IN GOLD PRICE TRADING//FRIDAY//$38.20.
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
AUGUSTACCUMULATION OF EFP'S GOLD AT J.P. MORGAN'S HOUSE OF BRIBES: (EXCHANGE FOR PHYSICAL) FOR THE MONTH OF AUGUST : 48,477, CONTRACTS OR 4,847,700, oz OR 150.78TONNES (21 TRADING DAY(S) AND THUS AVERAGING: 2308 EFP CONTRACTS PER TRADING DAY
TO GIVE YOU AN IDEA AS TO THE STRONG SIZE OF THESE EFP TRANSFERS : THIS MONTH IN 21 TRADING DAY(S) IN TONNES: 150.78 TONNES
TOTAL ANNUAL GOLD PRODUCTION, 2019, THROUGHOUT THE WORLD EX CHINA EX RUSSIA: 3555 TONNES
THUS EFP TRANSFERS REPRESENTS 150.78/3550 x 100% TONNES =4.24% 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: 3,410.83 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: 192.06 TONNES
JULY TOTAL EFP ISSUANCE; 313.09 TONNES ..(EXCHANGE FOR PHYSICALS REVERSE COURSE AND ARE NOW INCREASING!)
AUGUST TOTAL EFP ISSUANCE; 150.78 TONNES FINAL
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 FAIR SIZED 3716 CONTRACTS TO 548,384 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 FAIR COMEX INCREASE OCCURRED DESPITE OUR HUGE GAIN OF $38.20 IN GOLD PRICING /FRIDAY'S COMEX TRADING/). WE ALSO HAD A GOOD EFP ISSUANCE (3461 CONTRACTS),. THUS, WE HAD AGAIN 1) HUGE BANKER SHORT COVERING AT THE COMEX. THEY ORCHESTRATED ANOTHER RAID WHICH FAILED MISERABLY. BUT JUDGING FROM THE GAIN IN TOTAL OI, THEY WERE TOTALLY UN SUCCESSFUL IN CLOSING OUT MUCH OF THOSE SHORTS...... , PLUS WE HAD 2) ZERO LONG LIQUIDATION AND 3) A POWERFUL INITIAL TONNAGE STANDING AT THE GOLD COMEX//SEPT. DELIVERY MONTH (SEE BELOW) ... AS WE ENGINEERED A STRONG SIZED GAIN ON OUR TWO EXCHANGES OF 7177 CONTRACTS. WE HAVE LATELY WITNESSED THE EXCHANGE FOR PHYSICALS ISSUED BEING SMALL..... AS IT JUST TOO COSTLY FOR THEM TO CONTINUE SERVICING THE COSTS OF SERIAL FORWARDS CIRCULATING IN LONDON.
(SEE BELOW)
WE HAD 0 4 -GC VOLUME//open interest REMAINS AT 134
EXCHANGE FOR PHYSICAL ISSUANCE
WE ARE NOW IN THE NON ACTIVE DELIVERY MONTH OF JULY.. THE CME REPORTS THAT THE BANKERS ISSUED A GOOD SIZED TRANSFER THROUGH THE EFP ROUTE AS THESE LONGS RECEIVED A DELIVERABLE LONDON FORWARD TOGETHER WITH A FIAT BONUS., THAT IS 3461 EFP CONTRACTS WERE ISSUED: AUG 0 , OCT: 0 DEC 3461; JUNE// '21 0 AND ZERO FOR ALL OTHER MONTHS:
TOTAL EFP ISSUANCE: 3461 CONTRACTS.
YOU WILL FIND THAT WHEN WE HAVE A GOOD 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. TODAY THAT PREMIUM WAS SMALL AND THUS A LITTLE MORE THAN USUAL OF EXCHANGE FOR PHYSICALS WERE ISSUED.
ON A NET BASIS IN OPEN INTEREST WE GAINED THE FOLLOWING TODAY ON OUR TWO EXCHANGES: 7177 TOTAL CONTRACTS IN THAT 3461 LONGS WERE TRANSFERRED AS FORWARDS TO LONDON AND WE GAINED A FAIR SIZED 3716 COMEX CONTRACTS. THE BANKERS ARE NOW LOATHE TO SUPPLY THE SHORT PAPER. THEY CONTINUE TO ISSUE SMALLER AMOUNTS OF EXCHANGE FOR PHYSICAL AS THE COST ON CARRYING SERIAL FORWARDS IN LONDON IS TOO GREAT FOR THEM. WE HAD HUGE BANKER SHORT COVERING AS THE BANKERS HAVE BEEN CAUGHT TERRIBLY OFFSIDE ON THEIR SHORT POSITIONS..AND THUS THE REASON FOR OUR HUGE RAIDS LAST WEEK AND THIS WEEK COURTESY OF THE OFFICIAL SECTOR/BIS//BANKERS. TODAY WE WITNESSED A STRONG INITIAL GOLD TONNAGE STANDING FOR SEPT..... NEWBIE LONGS JOINED INTO THE FESTIVITY WITH THE STRONG PRICE ADVANCE.
THE BANKERS WERE UNSUCCESSFUL IN LOWERING GOLD'S PRICE //// (IT ROSE $38.20). AND, THEY WERE UNSUCCESSFUL IN FLEECING ANY LONGS
AS THE TOTAL GAIN ON THE TWO EXCHANGES REGISTERED 22.32 TONNES WITH THE HUGE RISE IN PRICE
NET GAIN ON THE TWO EXCHANGES :: 7177, CONTRACTS OR 717,700 OZ OR 22.32 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: 547,812 TOTAL OI CONTRACTS X 100 OZ PER CONTRACT = 54.78 MILLION OZ/32,150 OZ PER TONNE = 1703 TONNES
THE COMEX OPEN INTEREST REPRESENTS 1703/2200 OR 77.41% OF ANNUAL GLOBAL PRODUCTION OF GOLD.
Trading Volumes on the COMEX TODAY: 234,620 contracts// volume small
CONFIRMED COMEX VOL. FOR YESTERDAY: 354,911 contracts// volume: fair/good //most of our traders have left for London
AUGUST 31 /2020
AUGUST GOLD CONTRACT MONTH
INITIAL STANDING FOR SEPT GOLD
We had 0 deposit into the dealer
total deposit: nil oz
total dealer withdrawals: nil oz
we had 1 deposit into the customer account
i) Into Malca: 96.453 oz (3 kilobars)
total customer deposit: 96.453 oz
we had 2 gold withdrawals from the customer account:
i) Out of HSBC: 1615.200 OZ
ii) Out of Malca: 5430.200 oz Malca. 200 kilobars
total withdrawals; 8045.400 oz
We had 2 kilobar transactions +
ADJUSTMENTS: 3 //
dealer to customer
i) Out of BRINKS 160,583.327 oz
ii) Out of Loomis: 1060.983 oz
customer to dealer:
Manfra: 48,419.410 oz
The front month of SEPT registered a total of 3070 CONTRACTS. THUS BE DEFINITION THE INITIAL AMOUNT OF GOLD OZ STANDING IN THIS NON ACTIVE MONTH OF SEPTEMBER IS AS FOLLOWS:
3070 CONTRACTS X 100 OZ PER CONTRACT = 307000 OZ OR 9.548 TONNES.
THIS IS HUGE FOR A NON ACTIVE DELIVERY MONTH.
THE ASSAULT ON THE GOLD COMEX CONTINUES UNABATED...
Oct LOST 549 contracts DOWN to 63,472
The big December contract GAINED 2914 contracts UP to 403,976 contracts...(it is here where some of our short side bankers tried to bail at higher prices//newbie longs entered the arena)
We had 1928 notices filed today for 192,800 ozFOR THE AUGUST 2020 CONTRACT MONTH)Today, 0 notice(s) were issued from JPMorgan dealer account and 34 notices were issued from their client or customer account. The total of all issuance by all participants equates to 92 contract(s) of which 0 notices were stopped (received) by j.P. Morgan dealer and 1 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 SEPT /2020. contract month, we take the total number of notices filed so far for the month (1928) x 100 oz , to which we add the difference between the open interest for the front month of SEPT (3070 CONTRACTS ) minus the number of notices served upon today (1928 x 100 oz per contract) equals 307,000OZ OR 9.548 TONNES) the number of ounces standing in this active month of JUNE
thus the INITIAL standings for gold for the SEPT/2020 contract month:
No of notices filed so far (1928, x 100 oz + (3070 OI) for the front month minus the number of notices served upon today (1928) x 100 oz which equals 307,000 oz standing OR 19.548 TONNES in this active delivery month. This is a HUGE amount for gold standing for a SEPT delivery month (a NON active delivery month).
THE NAME OF THE GAME TODAY IS BANKER SHORT COVERING AS FINALLY FEAR BECAME THEIR CENTRAL FOCUS.
NEW PLEDGED GOLD: BRINKS
144,088.952 oz NOW PLEDGED JAN 21.2020/HSBC 5.4807 TONNES
42,548.308.00 PLEDGED APRIL 3/2020: SCOTIA: 1.3234 tonnes
deleted Int. Delaware pledge July 7 (600 tonnes)
261,955.892 oz (some deleted august 3) JPM 8.1479 TONNES
611,401.341 oz pledged June 12/2020 Brinks/ july 2/july 21 19.017 tonnes
51,084.609 oz Pledged August 21/regular account 1.588 tonnes jpm
total pledged gold: 1,111,079.092 oz 34.55 tonnes
SURPRISINGLY WE HAVE BEEN WITNESSING NO REAL PHYSICAL GOLD ENTERING THE COMEX VAULTS FOR THE PAST YEAR!! ..ONLY PHONY KILOBAR ENTRIES.... WE HAVE 469.53 TONNES OF REGISTERED GOLD WHICH CAN SETTLE UPON LONGS i.e. 152.556 tonnes
CALCULATION OF REGISTERED GOLD THAT CAN BE SETTLED UPON:total registered or dealer 16,094,330.481 oz or 500.60 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 (SOME DELETED JUNE 24 2020/SOME JULY 9; SOME JULY 22/July 03/august 3) which cannot be settled upon: 261,955.892 oz (or 8.1479 tonnes)total pledged gold:b 2 pledged gold JPMorgan august 21/2020; 51,084.609 oz (1.599 tonnes)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. DELETED: JULY 7.2020f) pledged gold at Brinks: DELETED july 2 and july 21g) pledged gold at Brinks: 611,401.341 oz added which cannot be settled: 19,017 tonnestotal weight of pledged: 1,111,079.092 oz or 34.55 tonnesthus:registered gold that can be used to settle upon: 14,983251.0 (466,04 tonnes)true registered gold (total registered - pledged tonnes 14,983,251.0 (466.04 tonnes)total eligible gold: 21,051,019.716 oz (654.77 tonnes)
total registered, pledged and eligible (customer) gold; 37,144,350.197 oz 1,155.34 tonnes (INCLUDES 4 GC GOLD)
total 4 GC gold: 126.34 tonnes
total gold net of 4 GC: 1029,00 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 July 2018. and it continues to present day.
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.THE DATA AND GRAPHS:
THE GOLD COMEX SEEMS TO BE UNDER SEVERE ASSAULT FOR PHYSICAL
ENDAUGUST 31/2020
And now for the wild silver comex results
INITIAL STANDINGS
SEPT. SILVER COMEX CONTRACT MONTH//INITIAL STANDINGS
We had 1 deposit into the dealer:i) Into Brinks: 4,812,445.243.00 oz
total dealer deposits: 4812,445.243.000 oz
i) We had 0 dealer withdrawal
total dealer withdrawals: nil oz
we had 1 deposits into the customer account
i)into JPMorgan: 1,194,699.500 oz
ii) Into CNT: 566,095.500oz
*** JPMorgan for most of 2017, 2018 and onward, has adding to its inventory almost every single day.
JPMorgan now has 167.320 million oz of total silver inventory or 48.71% of all official comex silver. (167.320 million/342.247 million
total customer deposits today: 566,095.500 oz
we had 4 withdrawals:
i) Out of Delaware; 988.600 oz
ii) Out of CNT; 14,869.900 oz
iii) out of Brinks; 1,442,121.690 oz
iv) Out of Scotia: 1,197,980,670 oz
total withdrawals; 2,655,960.670 oz
We had 3 adjustments first two: dealer to customer
Loomis: 501,701.900 oz
and Manfra: 15,170.900 oz
and the 3rd customer to dealer: CNT
484,5989.800 oz customer to dealer.
Total dealer(registered) silver: 138.098 million oz
total registered and eligible silver: 344.970 million oz
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the front month of SEPTEMBER registered an open interest of 10,548 contracts. Thus by definition, the initial amount of silver standing in this very active delivery month of September is as follows:
10,548 contracts x 5,000 oz per contract = 52,740,000 oz
this is a very strong delivery amount and it generally means that the comex is under full assault for both gold and silver.
Oct saw another gain of 102 contracts to stand at 672.
November is still at 0 notices filed
The big December contract month saw its OI rise by good 1983 contracts up to 140,834
The total number of notices filed today for the SEPT 2020. contract month is represented by 6545 contract(s) FOR 32,725,000, oz
To calculate the number of silver ounces that will stand for delivery in SEPT we take the total number of notices filed for the month so far at 6545 x 5,000 oz = 32,725,000 oz to which we add the difference between the open interest for the front month of SEPT(10,548) and the number of notices served upon today 6545 x (5000 oz) equals the number of ounces standing.
Thus the INITIAL standings for silver for the SEPT/2019 contract month: 10,548 (notices served so far) x 5000 oz + OI for front month of AUGUST (XX)- number of notices served upon today (6545) x 5000 oz of silver standing for the SEPT contract month.equals 52,740,000 oz. ..VERY STRONG FOR AN ACTIVE MONTH.
TODAY'S ESTIMATED SILVER VOLUME : 90,097 CONTRACTS // volume large
FOR YESTERDAY: 116,198. ,CONFIRMED VOLUME//volume large
YESTERDAY'S CONFIRMED VOLUME OF 116,198CONTRACTS EQUATES to 0.580 billion OZ 82.9% 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 FALLS TO- 2.36% ((AUGUST 31/2020)
2. Sprott gold fund (PHYS): premium to NAV RISES TO -0.94% to NAV: (AUGUST 27/2020 )
Note: Sprott silver trust back into NEGATIVE territory at +%-/Sprott physical gold trust is back into NEGATIVE/2.36%
(courtesy Sprott/GATA
3. SPROTT CEF .A FUND (FORMERLY CENTRAL FUND OF CANADA):
NAV 20.93 TRADING 20.52///NEGATIVE 1.94
END
And now the Gold inventory at the GLD/
AUGUST 31//WITH GOLD UP $5.90 TODAY/WE HAD NO CHANGES IN GOLD INVENTORY AT THE GLD..//INVENTORY RESTS AT 1251.50 TONNES/
AUGUST 28/WITH GOLD UP $38.20 TODAY, WE SURPRISINGLY HAD A .59 TONNE WITHDRAWAL//INVENTORY RESTS AT 1251.50 TONNES
AUGUST 27/WITH GOLD DOWN 17.50 TODAY: WE HAD A HUGE CHANGE IN GOLD INVENTORY AT THE GLD//A DEPOSIT OF 3.24 TONNES INTO THE GLD//INVENTORY REST AT 1252.09 TONNES
AUGUST 26/WITH GOLD UP $26.70 TODAY/ WE HAD A HUGE CHANGE IN GOLD INVENTORY AT THE GLD: A WITHDRAWAL OF 3.53 TONNES FROM THE GLD//RESTS AT 1248.85 TONNES
AUGUST 25/WITH GOLD DOWN $14.60 TODAY, WE HAD NO CHANGES IN GOLD INVENTORY AT THE GLD//RESTS AT 1252.38 TONNES
AUGUST 24//WITH GOLD DOWN $7.20 TODAY: WE HAD NO CHANGES IN GOLD INVENTORY AT THE GLD: /INVENTORY RESTS AT 1258.38 TONNES
AUGUST 21//WITH GOLD DOWN $.40 TODAY: WE HAD NO CHANGE IN GOLD INVENTORY AT THE GLD: /INVENTORY RESTS AT 1252.38 TONNES
AUGUST 20/WITH GOLD DOWN $23.45 TODAY: WE HAD NO CHANGES IN GOLD INVENTORY AT THE GLD: .//INVENTORY REST AT 1252.38 TONNES
AUGUST 19//WITH GOLD DOWN $39.65 TODAY: WE HAD NO CHANGES IN GOLD INVENTORY AT THE GLD//INVENTORY RESTS AT 1252.38 TONNES
AUGUST 18/WITH GOLD UP $14.60 TODAY: WE HAD A HUGE CHANGE IN GOLD INVENTORY: A DEPOSIT OF 4.09 TONNES//GLD INVENTORY RESTS TONIGHT AT 1252.38 TONNES
AUGUST 17/WITH GOLD UP $46.30 TODAY: SURPRISINGLY WE HAD A HUGE CHANGE IN GOLD INVENTORY AT THE GLD//A WITHDRAWAL OF 3.8 TONNES//INVENTORY RESTS AT 1248.29 TONNES
AUGUST 14/ WITH GOLD DOWN $19.45 TODAY: SURPRISINGLY, WE HAD A HUGE CHANGE IN GOLD INVENTORY AT THE GLD//A DEPOSIT OF 1.46 TONNES/INVENTORY RESTS AT 1252.63 TONNES.
AUGUST 13/WITH GOLD UP $23.15 TODAY: WE HAD A HUGE CHANGE IN GOLD INVENTORY: SURPRISINGLY A PAPER WITHDRAWAL OF 7.30 TONNES/INVENTORY RESTS AT 1250.63 TONNES
AUGUST 12/ WITH GOLD UP $1.00 TODAY: WE HAD A HUGE CHANGE IN GOLD INVENTORY AT THE GLD//A WITHDRAWAL OF 4.19 TONNES//INVENTORY RESTS AT 1257.93 TONNES
AUGUST 11//WITH GOLD DOWN $92.40 TODAY, WE HAD NO CHANGES IN GOLD INVENTORY AT THE GLD//INVENTORY RESTS AT 1262.12 TONNES.
AUGUST 10/WITH GOLD UP $11.35 TODAY, WE HAD A HUGE CHANGE IN GOLD INVENTORY AT THE GLD: A WITHDRAWAL OF 5.84 TONNES//INVENTORY RESTS AT 1262.12 TONNES
AUGUST 7/WITH GOLD DOWN $38.30 TODAY, WE HAVE NO CHANGES IN GOLD INVENTORY AT THE GLD//INVENTORY RESTS AT 1267.96 TONNES
AUGUST 6/WITH GOLD UP $20.45 TODAY, WE HAVE ANOTHER HUGE CHANGE IN GOLD INVENTORY AT THE GLD//A PAPER DEPOSIT OF 10.23 TONNES INTO THE GLD/INVENTORY RESTS AT 1267.96 TONNES//
AUGUST 5/WITH GOLD UP $ 33.75 TODAY, WE HAVE A HUGE CHANGE IN GOLD INVENTORY AT THE GLD/A DEPOSIT OF 9.35 TONNES INTO THE GLD//INVENTORY RESTS AT 1257.73 TONNES
AUGUST 4//WITH GOLD UP $31.75 TODAY, WE HAVE A HUGE CHANGE IN GOLD INVENTORY AT THE GLD//A DEPOSIT OF 6.48 TONNES/GLD INVENTORY RESTS AT 1248.38 TONNES
AUGUST 3/WITH GOLD UP $2.20 TODAY, WE HAVE NO CHANGES IN THE GOLD INVENTORY AT THE GLD////INVENTORY RESTS AT 1241,96 TONNES
JULY 31/WITH GOLD UP $17.90 TODAY/WE HAVE NO CHANGES IN GOLD INVENTORY AT THE GLD////INVENTORY RESTS AT 1241.96 TONNES.
JULY 30/WITH GOLD DOWN $10.00 TODAY, WE HAVE ANOTHER SMALL CHANGE IN GOLD INVENTORY AT THE GLD: A WITHDRAWAL OF 1.16 TONNES//INVENTORY RESTS AT 1241.96 TONNES.
JULY 29//WITH GOLD UP $12.45 TODAY, WE HAVE ANOTHER HUGE CHANGE IN GOLD INVENTORY AT THE GLD//A HUGE DEPOSIT OF 8.47 TONNES/INVENTORY RESTS AT 1243.12 TONNES
JULY 28///WITH GOLD UP $13.25 TODAY, WE HAVE ANOTHER HUGE CHANGE IN GOLD INVENTORY AT THE GLD//A HUGE DEPOSIT OF 5.84 TONNES/INVENTORY RESTS AT 1234.65
JULY 27//WITH GOLD UP $35.30 TODAY, WE HAVE NO CHANGES IN GOLD INVENTORY AT THE GLD//A DEPOSIT OF XXX TONNES/INVENTORY RESTS AT 1228.81 TONNES
JULY 24/WITH GOLD UP $8.80 TODAY: WE HAVE ANOTHER HUGE CHANGE IN GOLD INVENTORY AT THE GLD: A DEPOSIT OF 3.80 TONNES//INVENTORY RESTS AT 1228.81 TONNES
JULY 23/WITH GOLD UP $24.90 TODAY: WE HAVE A HUGE CHANGE IN GOLD INVENTORY AT THE GLD//A DEPOSIT OF 7.26 TONNES/INVENTORY RESTS AT 1225.01 TONNES
JULY 22/WITH GOLD UP $22.00 TODAY: WE HAVE A HUGE CHANGE IN GOLD INVENTORY AT THE GLD/ A DEPOSIT OF 7.89 TONNES/INVENTORY RESTS AT 1219.75 TONNES
JULY 21//WITH GOLD UP $26.00 TODAY, WE HAVE A HUGE CHANGE IN GOLD INVENTORY AT THE GLD: A DEPOSIT OF 4.97 TONNES INTO THE GLD// INVENTORY RESTS AT 1211.86 TONNES
JULY 20/WITH GOLD UP $7.70 TODAY, WE HAVE NO CHANGES IN GOLD INVENTORY AT THE GLD/INVENTORY RESTS AT 1206.89 TONNES
JULY 17/WITH GOLD UP $7.70 TODAY, WE HAVE NO CHANGES IN GOLD INVENTORY AT THE GLD: /INVENTORY RESTS AT 1206.89 TONNES
JULY 16/WITH GOLD DOWN $9.80 TODAY, WE HAVE NO CHANGES IN GOLD INVENTORY AT THE GLD: INVENTORY RESTS AT 1206.89 TONNES
JULY 15//WITH GOLD UP $1.55 TODAY/A HUGE CHANGE IN GOLD INVENTORY AT THE GLD//A DEPOSIT OF 2.96 TONNES INTO THE GLD///INVENTORY RESTS AT 1206.89 TONNES
JULY 14//WITH GOLD DOWN $1.65 TODAY: A HUGE CHANGE IN GOLD INVENTORY AT THE GLD/A DEPOSIT OF 3.51 TONNES/INVENTORY RESTS AT 1203.97 TONNES
JULY 13//WITH GOLD UP $12.50 TODAY: A SMALL CHANGE IN GOLD INVENTORY AT THE GLD: A WITHDRAWAL OF 0.36 TONNES INTO THE GLD//INVENTORY RESTS AT 1200.46 TONNES
JULY 10/WITH GOLD DOWN $.50 TODAY: A BIG CHANGE IN GOLD INVENTORY AT THE GLD//A STRANGE WITHDRAWAL OF 1.75 TONNES FROM THE GLD//INVENTORY RESTS AT 1200.82 TONNES
JULY 9//WITH GOLD DOWN $11.75 TODAY: A BIG CHANGE IN GOLD INVENTORY AT THE GLD: A DEPOSIT OX 3.21 TONNES INTO THE GLD//INVENTORY RESTS AT 1202.57 TONNES
JULY 8/WITH GOLD UP $13.75 TODAY; A BIG CHANGE IN GOLD INVENTORY AT THE GLD:A DEPOSIT OF 7.89 TONNES INTO THE GLD//INVENTORY RESTS AT 1199.36 TONNES
JULY 7/WITH GOLD UP $12.50 TODAY: NO CHANGE IN GOLD INVENTORY AT THE GLD: /INVENTORY RESTS AT 1191.47 TONNES
JULY 6/WITH GOLD UP $6.50 TODAY: A HUGE CHANGE IN GOLD INVENTORY AT THE GLD: A DEPOSIT OF 9.36 TONNES INTO THE GLD//INVENTORY RESTS AT 1191.47 TONNES
JULY 2/WITH GOLD UP $7.00 TODAY: A HUGE CHANGE IN GOLD INVENTORY AT THE GLD: A DEPOSIT OF 3.21 TONNES INTO THE GLD////INVENTORY RESTS AT 1182.11 TONNES
JULY 1/WITH GOLD DOWN $12.90//NO CHANGES IN GOLD INVENTORY AT THE GLD: /INVENTORY RESTS AT 1178.90 TONNES
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Inventory rests tonight at
AUGUST 31/ GLD INVENTORY 1251.50 tonnes*
LAST; 892 TRADING DAYS: +312.00 NET TONNES HAVE BEEN ADDED THE GLD
LAST 792 TRADING DAYS://+490.53 TONNES HAVE NOW BEEN ADDED INTO THE GLD INVENTORY.
end
Now the SLV Inventory/
AUGUST 31/WITH SILVER UP 80 CENTS TODAY: A HUGE CHANGE IN THE SLV//A DEPOSIT OF 2.982 MILLION OZ ENTERS THE SLV/INVENTORY RESTS AT 574.053 MILLION OZ//
AUGUST 28/WITH SILVER UP 48 CENTS TODAY: A MASSIVE PAPER DEPOSIT OF 4.652 MILLION OZ ENTERS THE SLV//INVENTORY RESTS AT 571.071 MILLION OZ
AUGUST 27/WITH SILVER DOWN 28 CENTS TODAY// NO CHANGES IN SILVER INVENTORY AT THE SLV//INVENTORY RESTS AT 566.419 MILLION OZ
AUGUST 26//WITH SILVER UP $1.04 TODAY: A HUGE CHANGE IN SILVER INVENTORY AT THE SLV: A WITHDRAWAL OF 4.65 MILLION OZ FROM THE SLV////INVENTORY RESTS AT 566.419 MILLION OZ..
AUGUST 25/WITH SILVER DOWN 21 CENTS: A HUGE CHANGE IN SILVER INVENTORY AT THE SLV: A WITHDRAWAL OF 2.607 MILLION OZ FROM THE SLV////INVENTORY RESTS AT 571.074 MILLION OZ//
AUGUST 24//WITH SILVER DOWN 18 CENTS TODAY: WE HAD A NO CHANGES//INVENTORY RESTS AT 573.843 MILLION OZ//
AUGUST 21//WITH SILVER DOWN 30 CENTS TODAY: WE HAD A HUGE CHANGE IN SILVER INVENTORY AT THE SLV//A DEPOSIT OF.838 MILLION OZ INTO THE SLV//INVENTORY RESTS AT 573.843 MILLION OZ..
AUGUST 20/WITH SILVER DOWN $.26 TODAY: WE HAD A HUGE CHANGE IN SILVER INVENTORY AT THE SLV//A WITHDRAWAL OF 3.724 MILLION OZ FROM THE SLV..//INVENTORY REST AT 572.843 MILLION OZ
AUGUST 18/WITH SILVER UP $.44 TODAY: WE HAD A HUGE CHANGE IN SILVER INVENTORY AT THE SLV//A DEPOSIT OF 2.514 MILLION OZ//THE SLV INVENTORY RESTS TONIGHT AT 576.567 MILLION OZ//
AUGUST 17/WITH SILVER UP $1.27 TODAY: WE HAD NO CHANGES IN SILVER INVENTORY: //INVENTORY RESTS AT 574.053 MILLION OZ//
AUGUST 14/WITH SILVER DOWN $1.31 TODAY, WE HAD A HUGE CHANGE IN SILVER INVENTORY AT THE SLV: A WITHDRAWAL OF 6.984 MILLION OZ// //INVENTORY RESTS AT 574.053 MILLION OZ//
AUGUST 13//WITH SILVER UP $1.76 TODAY: WE HAVE TWO HUGE CHANGES IN SILVER INVENTORY AT THE SLV//A PAPER DEPOSIT OF 2.421 MILLION OZ INTO THE SLV AT 2 PM AND ANOTHER DEPOSIT OF 6.984 MILLION OZ AT 5 20 PM/INVENTORY RESTS AT 581.037 MILLION OZ//
AUGUST 12/WITH SILVER DOWN 40 CENTS TODAY: WE HAVE ANOTHER CHANGE IN SILVER INVENTORY AT THE SLV//A WITHDRAWAL OF XX MILLION OZ//INVENTORY RESTS AT XX MILLION OZ/
AUGUST 11/WITH SILVER DOWN $3.25 CENTS, WE HAVE ANOTHER CHANGE IN SILVER INVENTORY AT THE SLV//A DEPOSIT OF 2.41 MILLION OZ//INVENTORY RESTS AT 571.632 MILLION OZ//
AUGUST 10/WITH SILVER UP 1.89 TODAY, WE HAVE ANOTHER HUGE CHANGE IN SILVER INVENTORY AT THE SLV//A WITHDRAWAL OF 3.538 MILLION OZ/INVENTORY RESTS AT 569.491 MILLION OZ//
AUGUST 7/WITH SILVER DOWN 69 CENTS TODAY: WE HAVE ANOTHER HUGE CHANGE IN SILVER INVENTORY: A DEPOSIT OF 0.465 MILLION OZ/INVENTORY RESTS AT 573.029 MILLION OZ.
AUGUST 6/WITH SILVER UP $1.52 TODAY, WE HAVE NO CHANGES IN SILVER INVENTORY AT THE SLV//INVENTORY RESTS AT 572.564 MILLION OZ///
AUGUST 5/WITH SILVER UP $1.03 TODAY, WE HAVE A HUGE CHANGE IN SILVER INVENTORY AT THE SLV// A MONSTROUS DEPOSIT OF 5.403 MILLION OZ//INVENTORY RESTS AT 572.564 MILLION OZ//
AUGUST 4/WITH SILVER UP $1.45 TODAY, WE HAVE NO CHANGES IN SILVER INVENTORY: //INVENTORY RESTS AT 367.161 MILLION OZ//
AUGUST 3/WITH SILVER UP 23 CENTS TODAY: WE HAVE A HUGE CHANGE IN SILVER INVENTORY AT THE SLV//SURPRISINGLY ANOTHER WITHDRAWAL OF 0.931 MILLION OZ//INVENTORY RESTS AT 367.161 MILLION OZ//
JULY 31/WITH SILVER UP 82 CENTS TODAY: WE HAVE A HUGE CHANGE IN SILVER INVENTORY AT THE SLV: SURPRISINGLY A HUGE WITHDRAWAL OF 3.26 MILLION OZ//INVENTORY RESTS AT 368.092 MILLION OZ//
JULY 30//WITH SILVER DOWN 97 CENTS TODAY: WE HAVE A SMALL CHANGE IN SILVER INVENTORY: A WITHDRAWAL OF 0.931 MILLION OZ//INVENTORY RESTS AT 571.352 MILLION OZ//
JULY 29/WITH SILVER UP 7 CENTS TODAY, WE HAD A BIG CHANGE IN SILVER INVENTORY//A DEPOSIT OF 5.984 MILLION OZ//INVENTORY RESTS AT 572.283 MILLION OZ//
JULY 28 WITH SILVER DOWN 14 CENTS TODAY, WE HAD A BIG CHANGE IN SILVER INVENTORY: A DEPOSIT OF 7.52 MILLION OZ//INVENTORY RESTS AT 566.299 MILLION OZ//
JULY 27/WITH SILVER UP $2.67 TODAY, WE HAD NO CHANGES IN SILVER INVENTORY: A DEPOSIT OF XX MILLION OZ//INVENTORY RESTS AT 558.779 MILLION OZ//
JULY 24/WITH SILVER DOWN $0.12 TODAY: NO CHANGE IN SILVER INVENTORY//INVENTORY RESTS AT 558.779 MILLION OZ/
JULY 23/WITH SILVER UP $.04 TODAY: A HUGE CHANGE IN SILVER INVENTORY AT THE SLV// A HUMONGOUS PAPER DEPOSIT OF 9.594 MILLION OZ//INVENTORY RESTS AT 558.779 MILLION OZ///
JULY 22/WITH SILVER UP $1.54 TODAY: A HUGE CHANGE IN SILVER INVENTORY AT THE SLV//A HUMONGOUS PAPER DEPOSIT OF 7.218 MILLION OZ//INVENTORY RESTS AT 549.185 MILLION OZ/
JULY 21/WITH SILVER UP $1.38 TODAY: A HUGE CHANGE IN SILVER INVENTORY AT THE SLV: A HUMONGOUS PAPER DEPOSIT OF 15.368 MILLION OZ////INVENTORY RESTS AT 541.967 MILLION OZ//
JULY 20/WITH SILVER UP 40 CENTS TODAY: A HUGE CHANGE IN SILVER INVENTORY AT THE SLV: A MASSIVE PAPER DEPOSIT OF 3.819 MILLION OZ 'ENTERED" THE SLV..INVENTORY RESTS AT 526.599 MILLION OZ/
JULY 17/WITH SILVER UP 15 CENTS TODAY: A HUGE CHANGES IN SILVER INVENTORY AT THE SLV/: A DEPOSIT OF 1.583 MILLION OZ INTO THE SLV/INVENTORY RESTS AT 522.780 MILLION OZ//
JULY 16//WITH SILVER DOWN 14 CENTS TODAY: A HUGE CHANGE IN SILVER INVENTORY AT THE SLV: A DEPOSIT OF 5.123 MILLION OZ//INVENTORY RESTS AT 521.197 MILLION OZ..
JULY 15.WITH SILVER UP 21 CENTS TODAY: A HUGE CHANGE IN SILVER INVENTORY AT THE SLV: A DEPOSIT OF 1.956 MILLION OZ//INVENTORY RESTS AT 516.074 MILLION OZ//
JULY 14/WITH SILVER DOWN 21 CENTS TODAY; NO CHANGES IN SILVER INVENTORY AT THE SLV//INVENTORY REST AT 514.118 MILLION OZ//
JULY 13//WITH SILVER UP 67 CENTS TODAY: A HUGE CHANGE IN SILVER: A WITHDRAWAL OF 1.677 MILLION OZ INTO THE SLV//INVENTORY RESTS AT 514.118 MILLION OZ//
JULY 10/WITH SILVER UP 7 CENTS TODAY: A HUGE CHANGE IN SILVER INVENTORY AT THE SLV//A DEPOSIT OF 4.844 MILLION OZ INTO THE SLV//INVENTORY RESTS AT 515.795 MILLION OZ
WHAT A FRAUD!!
JULY 9/WITH SILVER DOWN 8 CENTS TODAY: A HUGE CHANGE IN SILVER INVENTORY AT THE SLV//A DEPOSIT OF 8.198 MILLION OZ INTO THE SLV/INVENTORY RESTS AT 510.951 MILLION OZ/
JULY 8/WITH SILVER UP 37 CENTS TODAY//A HUGE CHANGE IN SILVER INVENTORY AT THE SLV: A WITHDRAWAL OF 1.118 MILLION OZ FROM THE SLV//VERY SURPRISING.//INVENTORY RESTS AT 502.753 MILLION OZ//
JULY 7/WITH SILVER UP 8 CENTS TODAY: NO CHANGES IN SILVER INVENTORY AT THE SLV:/INVENTORY RESTS AT 503.871 MILLION OZ///
JULY 6//WITH SILVER UP 24 CENTS TODAY: A HUGE CHANGE IN SILVER INVENTORY AT THE SLV: A DEPOSIT OF 1.863 MILLION OZ INTO THE SLV//INVENTORY RESTS AT 503.871 MILLION OZ
JULY 2/WITH SILVER UP 4 CENTS TODAY: A HUGE CHANGE IN SILVER INVENTORY AT THE SLV//: A DEPOSIT OF 4.01 MILLION OZ INTO THE SLV//INVENTORY RESTS AT 502.008 MILLION OZ
JULY 1/WITH SILVER DOWN 23 CENTS TODAY: A HUGE CHANGES IN SILVER INVENTORY AT THE SLV: A MASSIVE DEPOSIT OF 5.403 MILLION OZ//INVENTORY RESTS AT 498.007 MILLION OZ/
AUGUST 31.2020:
SLV INVENTORY RESTS TONIGHT AT
574.053 MILLION OZ