The Amount Of Silver Traded Yesterday Was Equal To 46.7% Of Annual Global Mine Supply

By Harvey Organ / November 01, 2017 / www.silverdoctors.com / Article Link

Harvey Organ exposes the lengths at which the cartel will go to suppress the prices of gold & silver...

by Harvey Organ of Harvey Organ Blog

OCT 31/TONY PODESTA OF THE PODESTA GROUP THREATENS TUCKER CARLSON/GOLD FALLS $6.15 AND SILVER FALLS 13 CENTS ON LAST DAY OF NOVEMBER OPTIONS EXPIRY (LBMA/LONDON CONTRACTS)/CHINA'S YIELD CURVE CONTINUES TO INVERT SIGNALLING RECESSION OVER THERE/GENERIC PHARMACEUTICAL INDUSTRY CAUGHT IN A HUGE COLLUSION MESS!!/

GOLD: $1270.00 down $6.15

Silver: $16.70 down 13 cents

Closing access prices:

Gold $1270.20

silver: $16.72

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: $1289.75 DOLLARS PER OZ

NY PRICE OF GOLD AT EXACT SAME TIME: $1275.85

PREMIUM FIRST FIX: $13.90(premiums getting larger)

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SECOND SHANGHAI GOLD FIX: $1291.50

NY GOLD PRICE AT THE EXACT SAME TIME: $1276.70

Premium of Shanghai 2nd fix/NY:$14.80 PREMIUMS GETTING LARGER)

CHINA REJECTS NEW YORK PRICING OF GOLD!!!!

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LONDON FIRST GOLD FIX: 5:30 am est $1274.40

NY PRICING AT THE EXACT SAME TIME: $1275.60

LONDON SECOND GOLD FIX 10 AM: $1270.15

NY PRICING AT THE EXACT SAME TIME. 1271.70 ??

For comex gold:

NOVEMBER/

NOTICES FILINGS TODAY FOR OCT CONTRACT MONTH: 523 NOTICE(S) FOR 52300 OZ.

TOTAL NOTICES SO FAR: 523 FOR 52300 OZ (1.626TONNES)

For silver:

NOVEMBER

427 NOTICE(S) FILED TODAY FOR

2,135,000 OZ/

Total number of notices filed so far this month: 427 for 2,135,000 oz

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Bitcoin: $6196 bid /$6216 offer up $84.00 (MORNING)

BITCOIN CLOSING;$6309 BID:6329. OFFER UP $197.00

end

Let us have a look at the data for today

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In silver, the total open interest ROSE BY A tiny sized 451 contracts from 195 ,953 UP TO 196,434 with YESTERDAY'S TRADING IN WHICH SILVER ROSE BY 8 CENTS. THE CROOKS ARE STILL HAVING AN AWFUL TIME TRYING TO COVER THEIR MASSIVE SILVER SHORTS SO THEY CONTINUE TO TORMENT. TODAY ALL OPTIONS ON THE LBMA/LONDON BOARD HAVE EXPIRED.

RESULT: A TINY SIZED RISE IN OI COMEX WITH THE 8 CENT PRICE GAIN. OUR BANKERS COULD NOT COVER ANY OF THEIR HUGE SHORTFALL.

In ounces, the OI is still represented by just UNDER 1 BILLION oz i.e. 0.981 BILLION TO BE EXACT or 140% of annual global silver production (ex Russia & ex China).

FOR THE NEW FRONT OCT MONTH/ THEY FILED: 427 NOTICE(S) FOR 2,135,000 OZ OF SILVER

In gold, the open interest SURPRISINGLY ROSE BY A HUGE 9,033 CONTRACTS DESPITE THE SMALL RISE IN PRICE OF GOLD ($5.30) . The new OI for the gold complex rests at 528,459. NO DOUBT MANY OF THE PAPER LONGS THAT RECEIVED THEIR NOV. EFP'S SOLD AND BOUGHT NOVEMBER AND DECEMBER GOLD COMEX CONTRACTS AS THEY CONTINUE WITH THEIR PAPER GAME.

Result: A HUGE SIZED INCREASE IN OI DESPITE THE SMALL RISE IN PRICE IN GOLD ($5.30). IT SEEMS THAT OUR PAPER EFP'S SOLD LONDON AND BOUGHT BACK COMEX NOVEMBER AND DECEMBER COMEX CONTRACTS.

we had: 523 notice(s) filed upon for 52,300 oz of gold.

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With respect to our two criminal funds, the GLD and the SLV:

GLD:

No change in inventory at the GLD/

Inventory rests tonight: 850.77 tonnes.

SLV

STRANGE: WITH SILVER UP THESE PAST TWO TRADING DAYS WE HAD A BIG WITHDRAWAL IN SILVER INVENTORY AT THE SLV: 1.133 MILLION OZ

INVENTORY RESTS AT 319.155 MILLION OZ

Let us head over to the comex:

The total gold comex open interest SURPRISINGLY ROSE BY 9,033 CONTRACTS UP to an OI level of 528,459 WITH THE SMALL RISE IN THE PRICE OF GOLD ($5.30 RISE IN YESTERDAY'S TRADING). IT SEEMS THAT THE NEWBIE LONG EFP'S SOLD THEIR LONDON BASED CONTRACTS AND BOUGHT BACK COMEX NOVEMBER AND DECEMBER AND POCKETED THE FIAT BONUS.

HERE IS A SUMMARY OF EFP'S ISSUED TO LONGS IN EACH OF THE PAST 3 MONTHS:

The amount of EFP's issued for each of the past 3 months at month's end;

Sept: 6500

Oct 7200

Nov: 8500

Result: a GOOD SIZED open interest INCREASE WITH THE RISE IN THE PRICE OF GOLD ($5.30.)

.

We have now entered the NON active contract month of NOVEMBER.HERE WE HAD A LOSS OF ONLY 42 CONTRACTS DOWN TO 610 AND BY DEFINITION THAT IS THE PRELIMINARY AMOUNT OF GOLD CONTRACTS STANDING FOR DELIVERY OR 61000 OZ (1.897 TONNES)

The very big active December contract month saw it's OI GAIN OF 4426 contracts UP to 382,729. FEBRUARY saw a gain of 3893 contacts up to 84,741.

.

We had 523 notice(s) filed upon today for 52300 oz

VOLUME FOR TODAY (PRELIMINARY) 266,119

CONFIRMED VOLUME YESTERDAY: 272, 175

xxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxAnd now for the wild silver comex results. Total silver OI ROSE BY ONLY 451 CONTRACTS FROM 195,983 UP TO 196,434 DESPITE YESTERDAY'S 8 CENT GAIN IN PRICE. WE HAD ZERO BANKER SHORT COVERING AS THE CROOKS TRIED AND FAILED IN THEIR ATTEMPT TO LOOSEN ANY SILVER LONGS FROM THE SILVER TREE. NO SILVER EFP'S WERE ISSUED FOR NOVEMBER.The new front month of November was its OI surprisingly rise by 14 contracts as nobody rolled. It's OI stands at 593 so by definition 593 x 5000 oz = 2,965,000 oz initially stand for delivery in this non active month of November. After November we have the big active delivery month of December and here the OI fell by 443 contracts down to 140,830. January saw a tiny gain of 7 contracts up to 683.We had 427 notice(s) filed for 2,135,000 oz for the OCT. 2017 contract

INITIAL standings for NOVEMBEROct.31/2017.

Gold OuncesWithdrawals from Dealers Inventory in oz nil ozWithdrawals from Customer Inventory in oz32.15Brinks ozDeposits to the Dealer Inventory in oz nil ozDeposits to the Customer Inventory, in oznil ozNo of oz served (contracts) today

523 notice(s)52300 OZNo of oz to be served (notices)87 contracts(8700 oz)Total monthly oz gold served (contracts) so far this month523 notices52,300 oz1.626 tonnesTotal accumulative withdrawals of gold from the Dealers inventory this month NIL ozTotal accumulative withdrawal of gold from the Customer inventory this month xxx oz

Today we HAD 1 kilobar transaction(s)/WE HAD nil DEALER DEPOSIT:total dealer deposits: nil ozWe had nil dealer withdrawals:total dealer withdrawals: nil ozwe had 0 customer deposit(s):total customer deposits nil ozWe had 1 customer withdrawal(s)i) Out of Brinks: 32.15 oz(one kilobar)total customer withdrawals; 32.15 ozwe had 0 adjustment(s)For NOVEMBER:Today, 0 notice(s) were issued from JPMorgan dealer account and 337 notices were issued from their client or customer account. The total of all issuance by all participants equates to 532 contract(s) of which 0 notices were stopped (received) by j.P. Morgan dealer and 124 notice(s) was (were) stopped/ Received) by j.P.Morgan customer account.

xxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxTo calculate the INITIAL total number of gold ounces standing for the NOVEMBER. contract month, we take the total number of notices filed so far for the month (532) x 100 oz or 53200 oz, to which we add the difference between the open interest for the front month of NOV. (610 contracts) minus the number of notices served upon today (523 x 100 oz per contract equals 61,000 oz, the number of ounces standing in this NON active month of NOV

Thus the INITIAL standings for gold for the NOVEMBER contract month:No of notices served (523) x 100 oz or ounces + {(610)OI for the front month minus the number of notices served upon today (523) x 100 oz which equals 61,000 oz standing in this active delivery month of NOVEMBER (1.897tonnes).xxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxTotal dealer inventory 553,576.101 or 17.218 tonnes (dealer gold continues to disappear)Total gold inventory (dealer and customer) = 8,707,177.723 or 270.829 tonnes

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 82 NET TONNES HAS LEFT THE COMEX.endAnd now for silverAND NOW THE NOVEMBER DELIVERY MONTHNOVEMBER FINAL standingsOct 31/ 2017

Silver OuncesWithdrawals from Dealers Inventory nilWithdrawals from Customer Inventory460,323.095 ozBrinksHSBCDeposits to the Dealer Inventorynil ozDeposits to the Customer Inventory600,837.460CNTDelawareozNo of oz served today (contracts)427 CONTRACT(S)(2,135,000,OZ)No of oz to be served (notices)166 contract(830,000 oz)Total monthly oz silver served (contracts) 427contracts(2,135,000 oz)

Total accumulative withdrawal of silver from the Dealers inventory this month NIL ozTotal accumulative withdrawal of silver from the Customer inventory this month xx oz

today, we had 0 deposit(s) into the dealer account:total dealer deposit: nil ozwe had nil dealer withdrawals:total dealer withdrawals: nil ozwe had 2 customer withdrawal(s):ii) Out of Brinks: 87,421.500 oziii) Out of HSBC: 372,901.595 ozTOTAL CUSTOMER WITHDRAWAL 460,323.095 ozWe had 2 Customer deposit(s):i) Into CNT; 600,837.460 ozii) Into Delaware: 998.70 oz***deposits into JPMorgan have stopped againIn the month of March and February, JPMorgan stopped (received) almost all of the comex silver contracts.why is JPMorgan bringing in so much silver??? why is this not criminal in that they are also the massive short in silvertotal customer deposits: 601,836.160 oz

we had 0 adjustment(s)The total number of notices filed today for the NOVEMBER. contract month is represented by 427 contracts FOR 2,135,000 oz. To calculate the number of silver ounces that will stand for delivery in NOVEMBER., we take the total number of notices filed for the month so far at 427 x 5,000 oz = 2,135,0000 oz to which we add the difference between the open interest for the front month of NOV. (593) and the number of notices served upon today (427 x 5000 oz) equals the number of ounces standing..

Thus the INITIAL standings for silver for the NOVEMBER contract month: 427 (notices served so far)x 5000 oz + OI for front month of NOVEMBER(593) -number of notices served upon today (427)x 5000 oz equals 2,965,000 oz of silver standing for the NOVEMBER contract month. This is EXCELLENT for this NON active delivery month.

ESTIMATED VOLUME FOR TODAY: 69,882CONFIRMED VOLUME FOR YESTERDAY: 65,491 CONTRACTSYESTERDAY'S CONFIRMED VOLUME OF 65,491 CONTRACTS EQUATES TO 327 MILLION OZ OR 46.7% OF ANNUAL GLOBAL PRODUCTION OF SILVER

Total dealer silver: 44.005 million (close to record low inventoryTotal number of dealer and customer silver: 225.904 million ozThe 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 $20.44end

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