Gold & Silver Open Interest Totally Collapse As Bankers Cover Shorts Ahead Of Basel III
We had 1830 contracts removed from COMEX trades. These were removed after…
by Harvey Organ of Harvey Organ Blog
DEC 3//COMEX GOLD AND COMEX SILVER OPEN INTEREST TOTALLY COLLAPSE AS BANKERS COVER THEIR SHORTS AHEAD OF BASEL III//GOLD CLOSED UP $20.35 TO!782.30//SILVER ADVANCES 21 CENTS TO $22.51//COMEX GOLD STANDING 97.9 TONNES AFTER A 750,000 OZ QUEUE JUMP//SILVER OZ STANDING REVERSES TO 45 MILLION OZ AS WE HAVE 185,000 EFP TO LONDON//CHINA READY TO LOCK UP RARE EARTH DISTRIBUTION//USA JOBS REPORT QUITE POOR DUE TO A STOPPAGE OF REVISIONS..HOWEVER NEXT MONTH IT WILL CONTINUE//
GOLD:$1782.60 UP $20.35 The quote is London spot price
Silver:$22.51 UP21 CENTS London spot price ( cash market) 4:30 closing price Gold $1783.45 silver: $22.54
PLATINUM AND PALLADIUM PRICES BY GOLD-EAGLE (MORE ACCURATE)
PLATINUM $937.95 DOWN $3.65
PALLADIUM: $1807.75 UP $21.35/OZ
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Click here if you wish to send a donation. I sincerely appreciate it as this site takes a lot of preparation. COMEX DETAILS//NOTICES FILED
JPMorgan has been receiving gold with reckless abandon and sometimes supplying (stopping)
receiving today
EXCHANGE: COMEX
CONTRACT: DECEMBER 2021 COMEX 100 GOLD FUTURES
SETTLEMENT: 1,760.700000000 USD
INTENT DATE: 12/02/2021 DELIVERY DATE: 12/06/2021
FIRM ORG FIRM NAME ISSUED STOPPED
____________________________________________________________________________________________
072 C GOLDMAN 280
072 H GOLDMAN 75
118 C MACQUARIE FUT 19
132 C SG AMERICAS 2
332 H STANDARD CHARTE 13
363 H WELLS FARGO SEC 10 7
624 C BOFA SECURITIES 1
657 C MORGAN STANLEY 42
661 C JP MORGAN 52 411
709 C BARCLAYS 31
732 C RBC CAP MARKETS 4
737 C ADVANTAGE 2
800 C MAREX SPEC 95 21
880 C CITIGROUP 3
880 H CITIGROUP 16
905 C ADM 122
____________________________________________________________________________________________
TOTAL: 603 603
MONTH TO DATE: 29,800
Goldman Sachs stopped:75
NUMBER OF NOTICES FILED TODAY FOR DEC. CONTRACT: 603 NOTICE(S) FOR 60,300 OZ (1.8755 tonnes)
TOTAL NUMBER OF NOTICES FILED SO FAR THIS MONTH: 29,800 FOR 2,980,000 OZ (92.690 TONNES)
SILVER//DEC CONTRACT
9 NOTICE(S) FILED TODAY FOR 45,000 OZ/
total number of notices filed so far this month 8108 : for 40,540,000 oz
BITCOIN MORNING QUOTE $54,886 DOWN $1981
BITCOIN AFTERNOON QUOTE.:53,528 DOWN $2229
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GLD AND SLV INVENTORIES:
GLD AND SLV INVENTORIES:
Gold
WITH GOLD UP $20.35 AND NO PHYSICAL TO BE FOUND ANYWHERE:
A HUGE CHANGE IN GOLD INVENTORY AT THE GLD: A WITHDRAWAL OF 3.85 TONNES FROM THE GLD//
WITH RESPECT TO GLD WITHDRAWALS: (OVER THE PAST FEW MONTHS)
GOLD IS “RETURNED” TO THE BANK OF ENGLAND WHEN CALLING IN THEIR LEASES: THE GOLD NEVER LEAVES THE BANK OF ENGLAND IN THE FIRST PLACE. THE BANK IS PROTECTING ITSELF IN CASE OF COMMERCIAL FAILURE
ALSO INVESTORS SWITCHING TO SPROTT PHYSICAL (phys) INSTEAD OF THE FRAUDULENT GLD//
THIS IS A MASSIVE FRAUD!!
GLD 986 ,17 TONNES OF GOLD//
Silver
AND WITH NO SILVER AROUND TODAY: WITH SILVER UP 21 CENTS
A HUGE CHANGE IN SILVER INVENTORY AT THE SLV: A WITHDRAWAL OF 3.199 MILLION OZ FROM THE SLV//
INVESTORS ARE SWITCHING SLV TO SPROTT’S PSLV
WITH REGARD TO SILVER WITHDRAWALS FROM THE SLV:
THE SILVER WITHRAWALS ARE ACTUALLY “RETURNED” TO JPM, AS JPMORGAN CALLS IN ITS LEASES WITH THE SLV FUND. (THE STORY IS THE SAME AS THE BANK OF ENGLAND’S GOLD). THE SILVER NEVER LEAVES JPMORGAN’S VAULT. THEY ARE CALLING IN THEIR LEASES FOR FEAR OF SOLVENCY ISSUES.
INVENTORY RESTS AT:
544.803 MILLION OZ./SLV
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GLD closing price//NYSE 166.63 UP 1.43 OR 0.85%
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SLV closing price NYSE 20.85 UP. 0.16 OR 0.77%
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xxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxLet us have a look at the data for todaySILVER COMEX OI FELL BY A HUGE 5233 CONTRACTS TO 134,248, AND FURTHER FORM THE NEW RECORD OF 244,710, SET FEB 25/2020. DESPITE OUR SMALL $0.06 LOSS IN SILVER PRICING AT THE COMEX ON THURSDAYOUR BANKERS WERE SUCCESSFUL IN KNOCKING THE PRICE OF SILVER DOWN) )(IT FELL BY $0.06 ANDWERE QUITE UNSUCCESSFUL IN KNOCKING OUT ANY SILVER LONGSAS WE HAD A HUMONGOUS LOSS OF 4405 CONTRACTS ON OUR TWO EXCHANGES WE MUST HAVE HAD ii) v)I) HUGE BANKER SHORT COVERING AS THEY ARE VERY ANXIOUS TO GET OUT OF DODGE!!/WE ALSO HAD SOME REDDIT RAPTOR BUYING//. iii) A STRONG ISSUANCE OF EXCHANGE FOR PHYSICALS iiii) A HUGE INITIAL SILVER STANDING FOR COMEX SILVER MEASURING AT 47.535 MILLION OZ FOLLOWED BY TODAY’S 185,000 OZ EFP TO LONDON/ /, STRONG SIZED COMEX OI LOSS// I AM NOW RECORDING THE DIFFERENTIAL IN OI FROM PRELIMINARY TO FINAL: THE DIFFERENTIAL FROM PRELIMINARY OI TO FINAL OI SILVER TODAY: CONTRACTS –41 HISTORICAL ACCUMULATION OF EXCHANGE FOR PHYSICALS DEC ACCUMULATION FOR EFP’S SILVER/JPMORGAN’S HOUSE OF BRIBES/STARTING FROM FIRST DAY/MONTH OF NOV: CONTACTS for 3 days, total contracts or …average per day: 1821 contracts or 9.105 million oz per day.5463546327.315million oz
TO GIVE YOU AN IDEA AS TO THE HUGE SUPPLY THIS MONTH IN SILVER: SO FAR THIS MONTH OF
DEC: MILLION PAPER OZ HAVE MORPHED OVER TO LONDON 27.315
LAST 6 MONTHS TOTAL EFP CONTRACTS ISSUED IN MILLIONS OF OZ
MAY 137.83 MILLION
JUNE 149.91 MILLION OZ
JULY 129.445 MILLION OZ
AUGUST: MILLION OZ 140.120
SEPT. 28.230 MILLION OZ//
OCT: 94.595 MILLION OZ
NOV: 131.925 MILLION OZ RESULT: WITH OUR 6 CENT LOSS SILVER PRICING AT THE COMEX// THURSDAY,WE HAD A HUGE SIZED DECREASE IN COMEX OI SILVER COMEX CONTRACTS OF 5274 THE CME NOTIFIED US THAT WE HAD A STRONG SIZED EFP ISSUANCE OF 828 CONTRACTS( 828 CONTRACTS ISSUED FOR MAR AND 0 CONTRACTS ISSUED FOR ALL OTHER MONTHS) WHICH EXITED OUT OF THE SILVER COMEX TO LONDON AS FORWARDS THE DOMINANT FEATURE TODAY:/ AS WELL AS TODAY /HUGE BANKER SHORTCOVERING AS THEY GET OUT OF DODGE//// WE HAVE A GOOD INITIAL SILVER OZ STANDING FOR DEC OF 47.535 MILLION OZ FOLLOWED BY TODAY’S STRONG 185,000 EFP TO LONDON. MUCH NUMBERS OF PAPER LONGS LEFT THE SILVER ARENA TODAY. WE HAD A HUGE SIZED LOSS OF 4446 OI CONTRACTS ON THE TWO EXCHANGES
WE HAD 9 NOTICES FILED TODAY FOR 45,000 OZ
GOLD
IN GOLD, THE COMEX OPEN INTEREST FELL BY A HUMONGOUS SIZED 18,833 CONTRACTS TO 504,138 ,,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 DIFFERENTIAL FROM PRELIMINARY OI TO FINAL OI IN GOLD TODAY: 1830 CONTRACTS.THE STRONG SIZED DECREASE IN COMEX OI CAME WITH OUR LOSS IN PRICE OF $19.80//COMEX GOLD TRADING//THURSDAY.AS IN SILVER WE MUST HAVE HAD HUGE BANKER/ALGO SHORT COVERING ACCOMPANYING OUR FAIR SIZED EXCHANGE FOR PHYSICAL ISSUANCE. WE HAD HUGE LONG LIQUIDATION AS THE TOTAL LOSS ON OUR TWO EXCHANGES TOTALED A HUGE SIZED 17,463 CONTRACTS… WE ALSO HAD A HUGE INITIAL STANDING IN GOLD TONNAGE FOR DEC AT 98.000 TONNES, FOLLOWED BY TODAY’S STRONG 72,500 OZ QUEUE JUMP//, NEW STANDING 3,147,900 OZ (97.912 TONNES)
YET ALL OF..THIS HAPPENED WITH OUR LOSS IN PRICE OF $19.80 WITH RESPECT TO THURSDAY’S TRADING
WE HAD A VOLUME OF 0 4 -GC CONTRACTS//OPEN INTEREST 0//
WE HAD A HUGE SIZED LOSS OF 17,463 OI CONTRACTS (54.31 PAPER TONNES) ON OUR TWO EXCHANGES
E.F.P. ISSUANCE
THE CME RELEASED THE DATA FOR EFP ISSUANCE AND IT TOTALED A FAIR SIZED 3200 CONTRACTS:
FOR FEB 3200 ALL OTHER MONTHS ZERO//TOTAL: 3200 The NEW COMEX OI FOR THE GOLD COMPLEX RESTS AT 502,300. 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 HUMONGOUS SIZED DECREASE IN TOTAL CONTRACTS ON THE TWO EXCHANGES OF 17,463 CONTRACTS: 20,663 CONTRACTS DECREASED AT THE COMEX AND 3200 EFP OI CONTRACTS WHICH NAVIGATED OVER TO LONDON. THUS TOTAL OI LOSS ON THE TWO EXCHANGES OF 17,463 CONTRACTS OR 54.31 TONNES.
CALCULATIONS ON GAIN/LOSS ON OUR TWO EXCHANGES
WE HAD A FAIR SIZED ISSUANCE IN EXCHANGE FOR PHYSICALS (3200) ACCOMPANYING THE HUGE SIZED LOSS IN COMEX OI (20,663 OI): TOTAL LOSS IN THE TWO EXCHANGES: 17,463 CONTRACTS. WE NO DOUBT HAD 1) HUGE BANKER SHORT COVERING ,2.) HUGE INITIAL STANDING AT THE GOLD COMEX FOR DEC. AT 98.000 TONNES/FOLLOWED BY TODAY’S QUEUE JUMP OF 72,500 OZ////NEW STANDING OF 97.912 TONNES//. 3)HUGE LONG LIQUIDATION,4) HUGE SIZED COMEX OI LOSS 5) FAIR ISSUANCE OF EXCHANGE FOR PHYSICAL SPREADING OPERATIONS(/NOW SWITCHING TO GOLD)
FOR NEWCOMERS, HERE ARE THE DETAILS:
SPREADING LIQUIDATION HAS NOW COMMENCED AS WE HEAD TOWARDS THE NEW ACTIVE FRONT MONTH OF NOV.WE ARE NOW INTO THE SPREADING OPERATION OF GOLD
HERE IS A BRIEF SYNOPSIS OF HOW THE CROOKS FLEECE UNSUSPECTING LONGS IN THE SPREADING ENDEAVOUR;MODUS OPERANDI OF THE CORRUPT BANKERS AS TO HOW THEY HANDLE THEIR SPREAD OPEN INTERESTS:HERE IS HOW THE CROOKS USED SPREADING AS WE ARE NOW INTO THE NON ACTIVE DELIVERY MONTH OF OCT HEADING TOWARDS THE ACTIVE DELIVERY MONTH OF NOV, FOR GOLD:
YOU WILL ALSO NOTICE THAT THE COMEX OPEN INTEREST STARTS TO RISE BUT SO IS THE OPEN INTEREST OF SPREADERS. THE OPEN INTEREST IN WILL CONTINUE TO RISE UNTIL ONE WEEK BEFORE FIRST DAY NOTICE OF AN UPCOMING ACTIVE DELIVERY MONTH (DEC), 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 IN 2021 INCLUDING TODAY
DECACCUMULATION OF EFP’S GOLD AT J.P. MORGAN’S HOUSE OF BRIBES: (EXCHANGE FOR PHYSICAL) FOR THE MONTH OF DEC : 11,865, CONTRACTS OR 1,186,500 oz OR 37.21 TONNES (3 TRADING DAY(S) AND THUS AVERAGING: 3955 EFP CONTRACTS PER TRADING DAY
TO GIVE YOU AN IDEA AS TO THE SIZE OF THESE EFP TRANSFERS : THIS MONTH IN 3 TRADING DAY(S) IN TONNES: 37.21 TONNES
TOTAL ANNUAL GOLD PRODUCTION, 2020, THROUGHOUT THE WORLD EX CHINA EX RUSSIA: 3555 TONNES
THUS EFP TRANSFERS REPRESENTS 37.21/3550 x 100% TONNES 1.704% OF GLOBAL ANNUAL PRODUCTIONACCUMULATION OF GOLD EFP’S YEAR 2021 TO DATE JANUARY: 265.26 TONNES (RAPIDLY INCREASING AGAIN) FEB : 171.24 TONNES ( DEFINITELY SLOWING DOWN AGAIN).. MARCH:. 276.50 TONNES (STRONG AGAIN///IT SURPASSED JANUARY!!)
APRIL: 189..44 TONNES ( DRAMATICALLY SLOWING DOWN AGAIN//GOLD IN BACKWARDATION)
MAY: 250.15 TONNES (NOW DRAMATICALLY INCREASING AGAIN)
JUNE: 247.54 TONNES (FINAL)
JULY: 188.73 TONNES FINAL
AUGUST: 217.89 TONNES FINAL ISSUANCE.
SEPT 142.12 TONNES FINAL ISSUANCE ( LOW ISSUANCE)_
OCT: 141.13 TONNES FINAL ISSUANCE (LOW ISSUANCE)
NOV: 312.46 TONNES FINAL ISSUANCE//NEW RECORD!! (INCREASING DRAMATICALLY)//SIGN OF REAL STRESS//SURPASSING THE MARCH 2021 RECORD OF 276.50 TONNES OF EFP
DEC. 37.21 TONNES//INITIAL ISSUANCE
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 FELL BY A HUMONGOUS SIZED 20,663 CONTRACTS TO 502,300 MOVING FURTHER FROM TO THE 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 THIS COMEX DECREASE OCCURRED WITH OUR STRONG LOSS OF $19.80 IN GOLD PRICING THURSDAY’S COMEX TRADING.WE ALSO HAD A FAIR EFP ISSUANCE (3200 CONTRACTS). …AS THEY WERE PAID HANDSOMELY NOT TO TAKE DELIVERY AT THE COMEX AND SETTLE FOR CASH. LOOKS LIKE OUR BANKERS ARE FINALLY BAILING OUT!!
WE NORMALLY HAVE WITNESSED EXCHANGE FOR PHYSICALS ISSUED BEING SMALL AS IT JUST TOO COSTLY FOR THEM TO CONTINUE SERVICING THE COSTS OF SERIAL FORWARDS CIRCULATING IN LONDON. HOWEVER, MUCH TO THE ANNOYANCE OF OUR BANKERS, THE COMEX IS THE SCENE OF AN ASSAULT ON GOLD AS LONDONERS, NOT BEING ABLE TO FIND ANY PHYSICAL ON THAT SIDE OF THE POND, EXERCISE THESE CIRCULATING EXCHANGE FOR PHYSICALS IN LONDON AND FORCING DELIVERY OF REAL METAL OVER HERE AS THE OBLIGATION STILL RESTS WITH NEW YORK BANKERS. IT SEEMS THAT ARE BANKERS FRIENDS ARE EXERCISING EFP’S FROM LONDON AND NOW THEY ARE LOATHE TO ISSUE NEW ONES.
(SEE BELOW)
WE HAD 0 4 -GC VOLUME//open interest REMAINS AT 0
EXCHANGE FOR PHYSICAL ISSUANCE
WE ARE NOW MOVING TO THE ACTIVE DELIVERY MONTH OF DEC.. 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 3200 EFP CONTRACTS WERE ISSUED: ;: , DEC : 0 & FEB. 3200 & ZERO FOR ALL OTHER MONTHS:
TOTAL EFP ISSUANCE: 3200 CONTRACTS
WHEN WE HAVE BACKWARDATION, EFP ISSUANCE IS VERY COSTLY BUT THE REAL PROBLEM IS THE SCARCITY OF METAL AND IT IS FAR BETTER FOR OUR BANKERS TO PAY OFF INDIVIDUALS THAN RISK INVESTORS ESPECIALLY FROM LONDON STANDING FOR DELIVERY. THE LOWER PRICES IN THE FUTURES MARKET IS A MAGNET FOR OUR LONDONERS SEEKING PHYSICAL METAL. BACKWARDATION ALWAYS EQUAL SCARCITY OF METAL!
ON A NET BASIS IN OPEN INTEREST WE LOST THE FOLLOWING TODAY ON OUR TWO EXCHANGES: A HUMONGOUS SIZED 17,463 TOTAL CONTRACTS IN THAT 3200 LONGS WERE TRANSFERRED AS FORWARDS TO LONDON AND WE LOST COMEX OI OF 20,633 CONTRACTS..
// WE HAVE A STRONG AMOUNT OF GOLD TONNAGE STANDING FOR DEC (97.912),
HERE ARE THE AMOUNTS THAT STOOD FOR DELIVERY IN THE PRECEDING 9 MONTHS OF 2021:
NOV. 8.074 TONNES
OCT. 57.707 TONNES
SEPT: 11.9160 TONNES
AUGUST: 80.489 TONNES
JULY: 7.2814 TONNES
JUNE: 72.289 TONNES
MAY 5.77 TONNES
APRIL 95.331 TONNES
MARCH 30.205 TONNES
FEB. 113.424 TONNES
JAN: 6.500 TONNES.
TOTAL SO FAR THIS YEAR (JAN- NOV): 488.996 TONNNES
THE BANKERS WERE SUCCESSFUL IN LOWERING GOLD’S PRICE //// (IT FELL $19.80)
AND THEY WERE QUITE SUCCESSFUL IN FLEECING HUGE NUMBERS OF LONGS AS THE TOTAL LOSS ON THE TWO EXCHANNGES REGISTERED A HUMONGOUS 54.31 TONNES,ACCOMPANYING OUR HUGE GOLD TONNAGE STANDING FOR DEC (97.912 TONNES)…
I STRONGLY BELIEVE THAT OUR BANKER FRIENDS ARE GETTING QUITE NERVOUS. THEY ARE LOOKING OVER THEIR SHOULDERS AND WITNESSING MASSIVE SILVER/GOLD SHORTAGES THAT CANNOT BE COVERED. THEY ARE TRYING TO FLEE IN HASTE “FROM DODGE”AS BASE III BEGINS JAN 1/2022 FOR EUROPEAN BANKS
WE HAD – 1830 CONTRACTS REMOVED FROM COMEX TRADES. THESE WERE REMOVED AFTER TRADING ENDED LAST NIGHT
NET LOSS ON THE TWO EXCHANGES :: 17,463 CONTRACTS OR 1,746,300 OZ OR 54.31 TONNESCOMMODITY 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 PRODUCT.THUS IN GOLD WE HAVE THE FOLLOWING: 502,300 TOTAL OI CONTRACTS X 100 OZ PER CONTRACT = 50.21 MILLION OZ/32,150 OZ PER TONNE = 15.61 TONNES
THE COMEX OPEN INTEREST REPRESENTS 15.61/2200 OR 70.98% OF ANNUAL GLOBAL PRODUCTION OF GOLD.
Trading Volumes on the COMEX GOLD TODAY 167,854 contracts// ///volume poor////
CONFIRMED COMEX VOL. FOR YESTERDAY: 182,943 contracts//fair
// //most of our traders have left for London
DEC 3
/2021 INITIAL STANDINGS FOR DEC COMEX GOLD
We had 0 deposit into the dealer total deposit: nil oz
total dealer withdrawals: nil ozwe had 0 deposit into the customer account TOTAL CUSTOMER DEPOSITS nil oz We have 1 customer withdrawali) out of Brinks: 48,226.500(1500 kilobars) TOTAL CUSTOMER WITHDRAWALS 48,226.500 oz(1500 kilobars)
We had 1 kilobar transactions 1 out of 2 transactions)
ADJUSTMENTS 1 dealer to customer
Brinks: 6673.453 oz For the front month of DECEMBER we have an oi 2282 stand for December. for a loss of 16,481contracts. We had 17,206 notices filed on THURSDAY so we gained A HUGE 725 contracts or an additional 72,500 oz will stand for delivery in this very active delivery month of December. It was quite a large queue jump for day 4 of the delivery cycle. JANUARY GAINED 82 CONTRACTS TO STAND AT 2022FEBRUARY LOST 5255 CONTRACTS DOWN TO 406,800
We had 603 notice(s) filed today for 60,300 ozFOR THE DEC 2021 CONTRACT MONTH)Today, 0 notice(s) were issued from JPMorgan dealer account and 52 notices were issued from their client or customer account. The total of all issuance by all participants equates to 603 contract(s) of which 0 notices were stopped (received) by j.P. Morgan dealer and 411 notice(s) was (were) stopped/ Received) by J.P.Morgan//customer account and 75 notice(s) received (stopped) by the squid (Goldman Sachs)
To calculate the INITIAL total number of gold ounces standing for the DEC /2021. contract month, we take the total number of notices filed so far for the month (29,800) x 100 oz , to which we add the difference between the open interest for the front month of (DEC: 2282 CONTRACTS ) minus the number of notices served upon today 603 x 100 oz per contract equals 3,147,900 OZ OR 97.912 TONNES) the number of ounces standing in this active month of DEC.
thus the INITIAL standings for gold for the DEC contract month:
No of notices filed so far (29800) x 100 oz+ (2282) OI for the front month minus the number of notices served upon today (603} x 100 oz} which equals 3,079,100 oz standing OR 97.912 TONNES in this active delivery month of DEC. This is a huge delivery for December.
We gained a massive 725 contracts or an additional 72,500 oz will wish to stand for metal on this side of the pond.
.
TOTAL COMEX GOLD STANDING: 97.912 TONNES
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NEW PLEDGED GOLD:
260,725.414, oz NOW PLEDGED march 5/2021/HSBC 8.10 TONNES
176,742.600 PLEDGED MANFRA 5.497 TONNES
288,481,604, oz JPM 8.97 TONNES
1,149,435.368 oz pledged June 12/2020 Brinks/35.75 TONNES
23,862.404 oz International Delaware: 0.7422 tonnes
LOOMIS: 18,615.429 0.57900
total pledged gold: 1,678,251.983oz 52.20 tonnes
SURPRISINGLY WE HAVE BEEN WITNESSING NO REAL PHYSICAL GOLD ENTERING THE COMEX VAULTS FOR THE PAST YEAR!! ..ONLY PHONY KILOBAR ENTRIES…. WE HAVE 510.43 TONNES OF REGISTERED GOLD WHICH CAN SETTLE UPON LONGS 97.912 tonnes
CALCULATION OF REGISTERED THAT CAN BE SETTLED UPON:total registered or dealer 18,088,749.036 oz or 562.36 tonnes total weight of pledged:1,678,251.983oz 52.20 tonnes registered gold that can be used to settle upon: 16,410,498.0 (510.43 tonnes) true registered gold (total registered – pledged tonnes 16.410,498.0 (510.43 tonnes) total eligible gold: 15,769,740.257 oz (490.50 tonnes) total registered, pledged and eligible (customer) gold 33,858,489.293 oz or 1,053.14tonnes (INCLUDES 4 GC GOLD)
total 4 GC gold: 126.34 tonnes
total gold net of 4 GC: 926.80 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:
END
DEC 3/2021
And now for the wild silver comex results
INITIAL STANDING FOR SILVER//DEC
We had 0 deposit into the dealer
total dealer deposits: nil oz
i) We had 0 dealer withdrawal
total dealer withdrawals: nil oz
we had 1 deposit into customer account (ELIGIBLE ACCOUNT)i) into JPMorgan 579,762.500 ozii) Into CNT: 1,201,367.461oz
JPMorgan now has 181.176 million oz silver inventory or 51.09% of all official comex silver. (181.176 million/354.601 million
total customer deposits today 1,201,367.461 oz
we had 1 withdrawals
i) out of Delaware: 1003.500 oz
total withdrawal 1003.500 ozadjustments: Brinks dealer to customer 100.36oz
Total dealer(registered) silver: 99.188 million oz
total registered and eligible silver: 354.601 million oz
a net 0.583 million oz enters the comex silver vaults.
xxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxFor the front month of DECEMBER we have an amount of silver standing AT 915 CONTRACTS for a loss of 5029 contracts. We had 4992 notices filed on THURSDAY, so we lost 37 contracts or an additional 185,000 oz will not stand for delivery in this very active delivery month of December as they morphed into London based forwards and received a hefty bonus for not taking delivery over here (an EFP). And when they do they were probably paid out in cash in London.
JANUARY LOST 63 CONTRACTS TO STAND AT 2210
FEBRUARY LOST ANOTHER 52 CONTRACTS TO STAND AT 20 NO. OF NOTICES FILED: 9 FOR 45,000 OZ.
To calculate the number of silver ounces that will stand for delivery in DEC. we take the total number of notices filed for the month so far at 8108 x 5,000 oz =40,540 oz to which we add the difference between the open interest for the front month of DEC (915) and the number of notices served upon today 9 x (5000 oz) equals the number of ounces standing.
Thus the standings for silver for the DEC./2021 contract month: 8099 (notices served so far) x 5000 oz + OI for front month of DEC (915) – number of notices served upon today (9) x 5000 oz of silver standing for the DEC contract month .equals 45,070,000 oz. .
We lost 37 contracts or 185,000 oz were EFP’d over to London.
THIS IS STILL A TERRIFIC INITIAL STANDING FOR DELIVERY FOR SILVER IN DECEMBER.
TODAY’S ESTIMATED SILVER VOLUME 25,046 CONTRACTS // volume poor
FOR YESTERDAY 49,293 contracts ,CONFIRMED VOLUME/ very poor/
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 -3.06% (DEC 3/2021)
SILVER FUND POSITIVE TO NAV
No of oz of physical silver held: Oct 1/2021 151,927,020 ( a gain of 1.001 MILLION OZ IN TWO MONTHS
no of oz of physical silver held JULY 8.2021; 150,926,000 (GAIN OF 6.411 MILLION OZ IN 2 MONTHS)
No of oz of physical silver held; MAY 24/2021 144,515,694 OZ
No. of oz of physical silver held: Sept 20/20: 85,907.3616 Oz
No of oz pf physical silver held: Dec 21/2019: 65,073.570 Oz
During the past 12 months Sprott has added: 66.02 MILLION OZ OCT 4-SEPT 20)
2. Sprott gold fund (PHYS): premium to NAV FALLS TO -1.65% nav (DEC 3)/2021 )
3. SPROTT CEF .A FUND (FORMERLY CENTRAL FUND OF CANADA)
NAV $17.91 TRADING 17.20//NEGATIVE 3.95
END
And now the Gold inventory at the GLD/(this vehicle is a fraud as there is no gold behind them
DEC 3/WITH GOLD UP $20.35 TODAY; A HUGE CHANGE IN GOLD INVENTORY AT THE GLD: A WITHDRAWAL OF 3.85 TONNES FROM THE GLD///INVENTORY RESTS AT 986.17 TONNES
DEC 2/WITH GOLD DOWN $19.80 TODAY; A HUGE CHANGES IN GOLD INVENTORY AT THE GLD: A WITHDRAWAL OF 2.83 TONNES FROM THE GLD///INVENTORY RESTS AT 990.82 TONNES
DEC 1/WITH GOLD UP $7.05 TODAY: NO CHANGES IN GOLD INVENTORY AT THE GLD/INVENTORY RESTS AT 992.85 TONNES
NOV 30/WITH GOLD DOWN $8.70 TODAY; NO CHANGES IN GOLD INVENTORY AT THE GLD//INVENTORY RESS AT 992.85 TONNES.
NOV 29/WITH GOLD DOWN $3.40 TODAY: NO CHANGES IN GOLD INVENTORY AT THE GLD/INVENTORY RESTS AT 992.85 TONNES/
NOV 26/WITH GOLD UP $2.70 TODAY/A HUGE CHANGES IN GOLD INVENTORY AT THE GLD: A DEPOSIT OF 1.76 TONES INTO THE GLD////INVENTORY RESTS AT 992.85 TONNES
NOV 24/WITH GOLD UP $.40 TODAY//NO CHANGES IN GOLD INVENTORY AT THE GLD..INVENTORY RESTS AT 991.11 TONNES
NOV 23/WITH GOLD DOWN $21.85 TODAY: A HUGE CHANGE IN GOLD INVENTORY AT THE GLD: A DEPOSIT OF 6.11 TONNES INTO THE GLD////INVENTORY RESTS AT 991.11 TONNES.
NOV 22/WITH GOLD DOWN 54.10 TODAY: NO CHANGES IN GOLD INVENTORY AT THE GLD//INVENTORY RESTS AT 985.00 TONNES
NOV 19/WITH GOLD DOWN $9.40 TODAY: A HUGE CHANGE IN GOLD INVENTORY AT THE GLD: A DEPOSIT OF 8.13 TONNES INTO THE GLD//INVENTORY RESTS AT 985.00 TONNES.
NOV 18/WITH GOLD DOWN $8.40 TODAY:A SMALL CHANGE IN GOLD INVENTORY AT THE GLD: A DEPOSIT OF .88 TONNES OF GOLD INTO THE GLD///INVENTORY RESTS AT 976.87 TONNES
NOV 17/WITH GOLD UP $14.10 TODAY: NO CHANGES IN GOLD INVENTORY AT THE GLD//INVENTORY RESTS AT 975.99 TONNES
NOV 16/WITH GOLD DOWN $10.30 TODAY; NO CHANGES IN GOLD INVENTORY AT THE GLD//INVENTORY RESTS AT 975.99 TONNES
NOV 15/WITH GOLD DOWN $1.55 TODAY: NO CHANGES IN GOLD INVENTORY AT THE GLD//INVENTORTY AT 975.99 TONNES//
NOV 12/WITH GOLD UP $4.65 TODAY: NO CHANGES IN GOLD INVENTORY AT THE GLD/INVENTORY AT 975.99 TONNES
NOV 11/WITH GOLD UP $14.45 TODAY: A SMALL CHANGE IN GOLD INVENTORY AT THE GLD: A DEPOSIT OF .58 TONES OF GOLD INTO THE GLD////INVENTORY RESTS AT 975.99 TONNES
NOV 10/WITH GOLD UP $18.00 TODAY NO CHANGES IN GOLD INVENTORY AT THE GLD//INVENTORY RESTS AT 975.41 TONNES
NOV 9/WITH GOLD UP $1.85 TODAY: NO CHANGES IN GOLD INVENTORY AT THE GLD//INVENTORY RESTS AT 975.41 TONNES
NOV 8/WITH GOLD UP $11.75 TODAY;NO CHANGES IN GOLD INVENTORY AT THE GLD//INVENTORY RESTS AT 975.41 TONNES
NOVEMBER 5/WITH GOLD UP $22.30 TODAY: A HUGE CHANGES IN GOLD INVENTORY AT THE GLD: A WITHDRAWAL OF 2.66 TONNES FROM THE GLD////INVENTORY RESTS AT 975.41 TONNES
NOV 4/WITH GOLD UP $29.05 TODAY;//A HUGE CHANGES IN GOLD INVENTORY AT THE GLD: A WITHDRAWAL OF 1.45 TONNES FROM THE GLD/INVENTORY RESTS AT 978.07 TONNES
NOV 3/WITH GOLD DOWN $ 24.10 TODAY; NO CHANGES IN GOLD INVENTORY AT THE GLD//INVENTORY REST AT 979.52 TONNES
NOV 2/WITH GOLD DOWN $6.80 TODAY: NO CHANGES IN GOLD INVENTORY AT THE GLD//INVENTORY RESTS AT 979.52 TONNES
NOV 1/WITH GOLD UP $11.85 TODAY: A HUGE CHANGES IN GOLD INVENTORY AT THE GLD: A WITHDRAWAL OF 2.62 TONNES OF GOLD FROM THE GLD./INVENTORY REST AT 979.52. TONNES
OCT 29/WITH GOLD DOWN $18.30 TODAY: NO CHANGES IN GOLD INVENTORY AT THE GLD//INVENTORY RESTS TONIGHT AT 982.14 TONNES
OCT 28/WITH GOLD UP $3.10 TODAY: A BIG CHANGES IN GOLD INVENTORY AT THE GLD: A WITHDRAWAL OF .87 TONNES FROM THE GLD////INVENTORY RESTS AT 982.14 TONNES
OCT 27/WITH GOLD UP $7.55 TODAY: A HUGE CHANGE IN GOLD INVENTORY AT THE GLD: A DEPOSIT OF 3.20 TONNES INTO THE GLD//INVENTORY REST AT 983.01 TONNES.
OCT 26/WITH GOLD DOWN $13.00 TODAY: A HUGE CHANGE IN GOLD INVENTORY AT THE GLD: A DEPOSIT OF 1.74 TONNES OF GOLD INTO THE GLD//INVENTORY RESTS AT 979.81 TONNES
XXXXXXXXXXXXXXXXXXXXXXXXX
Inventory rests tonight at:
DEC 3 / GLD INVENTORY 986.17 tonnes
Now the SLV Inventory/( vehicle is a fraud as there is no physical metal behind them!)
DEC 3/WITH SILVER UP 21 CENTS TODAY; A BIG CHANGE IN SILVER INVENTORY AT THE SLV:A WITHDRAWAL OF 3.199 MILLION OZ FROM THE SLV////INVENTORY RESTS AT 544.803 MILLION OZ//
DEC 2/WITH SILVER DOWN 6 CENTS TODAY: NO CHANGES IN SILVER INVENTORY AT THE SLV//INVENTORY RESTS AT 548.002 MILLION OZ.
DECM 1/WITH SILVER DOWN 44 CENTS TODAY: A SMALL CHANGE IN SILVER INVENTORY AT THE SLV: A WITHDRAWAL OF 740,000 OZ FROM THE SLV////INVENTORY RESTS AT 548.002 MILLION OZ//
NOV 30/WITH SILVER DOWN 3 CENTS TODAY; A SMALL CHANGES IN SILVER INVENTORY AT THE SLV// A WITHDRAWAL OF .555 MILLION OZ FORM THE SLV//INVENTORY RESTS AT 548.742 MILLION OZ///
NOV 29/WITH SILVER DOWN 25 CENTS TODAY: NO CHANGES IN SILVER INVENTORY AT THE SLV//INVENTORY RESTS AT 549.297 MILLION OZ//
NOV 26/WITH SILVER DOWN 36 CENTS TODAY; A HUGE CHANGES IN SILVER INVENTORY AT THE SLV: A DEPOSIT OF 2.038 MILLION OZ INTO THE SLV.//INVENTORY RESTS AT 549.297 MILLION OZ///
NOV 24/WITH SILVER UP 5 CENTS //NO CHANGE IN SILVER INVENTORY AT THE SLV..INVENTORY RESTS AT 547.261 MILLION OZ
NOV 23.WITH SILVER DOWN 81 CENTS TODAY: A HUGE CHANGE IN SILVER INVENTORY AT THE SLV/: A WITHDRAWAL OF 2.128 MILLION OZ FROM THE SLV///INVENTORY RESTS AT 547.261 MILLION OZ//
NOV 22/ WITH SILVER DOWN 47 CENTS TODAY; A BIG CHANGES IN SILVER INVENTORY AT THE SLV: A SURPRISE DEPOSIT OF 1.156 MILLION OZ INTO THE SLV///INVENTORY RESTS AT 549.389 MILLION OZ/
NOV 19/WITH SILVER DOWN 14 CENTS TODAY: NO CHANGES IN SILVER INVENTORY AT THE SLV//INVENTORY RESTS AT 548.233 MILLION OZ..
NOV 18/WITH SILVER DOWN 27 CENTS TODAY/ NO CHANGES IN SILVER STANDING AT THE SLV.//INVENTORY REST AT 548.233 MILLION OZ//
NOV 17/WITH SILVER UP 24 CENTS TODAY: NO CHANGES IN SILVER STANDING AT THE SLV//INVENTORY RESTS AT 548.233 MILLION OZ//
NOV 16/WITH SILVER DOWN 17 CENTS TODAY: NO CHANGES IN SILVER STANDING AT THE SLV//INVENTORY RESTS AT 548.233 MILLION OZ//
NOV 15/WITH SILVER DOWN 25 CENTS TODAY: NO CHANGES IN SILVER AT THE SLV/ INVENTORY RESTS AT 548.233 MILLION OZ
NOV 12/WITH SILVER UP 8 CENTS TODAY: A HUGE CHANGE IN SILVER INVENTORY AT THE SLV:A DEPOSIT OF 3.933 MILLION OZ INTO THE SLV////INVENTORY RESTS AT 548.233 MILLION OZ//
NOV 11/WITH SILVER UP 51 CENTS TODAY: NO CHANGES IN SILVER INVENTORY AT THE SLV//INVENTORY RESTS AT 544.300 MILLION OZ//
NOV 10 WITH SILVER UP 45 CENTS TODAY: NO CHANGES IN SILVER INVENTORY AT THE SLV/INVENTORY RESTS AT 544.300 MILLION OZ//
NOV 9/WITH SILVER DOWN 21 CENTS TODAY: NO CHANGES IN SILVER INVENTORY AT THE SLV//INVENTORY RESTS AT 544.300 MILLION OZ.
NOV 8/WITH SILVER UP 38 CENTS TODAY: NO CHANGES IN SILVER INVENTORY AT THE SLV//INVENTORY RESTS AT 544.300 MILLION OZ//
NOVEMBER 5/WITH SILVER UP 26 CENTS TODAY: A SMALL CHANGE IN SILVER INVENTORY AT THE SLV/: A WITHDRAWAL OF 507,000 OZ FROM THE SLV///INVENTORY RESTS AT 544.300 MILLION OZ//
NOV 4/WITH SILVER UP 52 CENTS TODAY/ A HUGE CHANGES IN SILVER INVENTORY AT THE SLV: A DEPOSIT OF 2.312 MILLION OZ INTO THE SL. //INVENTORY RESTS AT 544.807 MILLION OZ//
NOV 3/WITH SILVER DOWN 29 CENTS TODAY; A HUGE CHANGE IN SILVER INVENTORY AT THE SLV: AWITHDRAWAL OF 2.777 MILLION OZ FROM THE SLV///INVENTORY RESTS AT 542.495 MILLION OZ//
NOV 2/WITH SILVER DOWN 53 CENTS TODAY: A SMALL CHANGE IN SILVER INVENTORY AT THE SLV: A WITHDRAWAL OF 226,000 OZ FROM THE SLV///INVENTORY RESTS AT 545.272 MILLION OZ//
NOV 1/WITH SILVER UP 12 CENTS TODAY: A HUGE CHANGE IN SILVER INVENTORY AT THE SLV: A WITHDRAWAL OF 1.249 MILLION OZ////INVENTORY RESTS AT 545.498 MILLION OZ//
OCT 29/WITH SILVER DOWN $0.17 TODAY: NO CHANGES IN SILVER INVENTORY AT THE SLV//INVENTORY RESTS AT 546.847 MILLION OZ/
OCT 28 WITH SILVER DOWN 5 CENTS TODAY: A BIG CHANGE IN SILVER INVENTORY AT THE SLV: A DEPOSIT OF 2.2277 MILLION OZ INTO THE SLV////INVENTORY RESTS AT 546.747 MILLION OZ/
OCT 27/WITH SILVER UP 7 CENTS TODAY: NO CHANGES IN SILVER INVENTORY AT THE SLV//INVENTORY RESTS AT 544.520 MILLION OZ//
OCT 26/WITH SILVER DOWN 47 CENTS TODAY: NO CHANGES IN SILVER INVENTORY AT THE SLV//INVENTORY REST AT 544,520 MILLION OZ.
DEC 3/2021 SLV INVENTORY RESTS TONIGHT AT 544.803 MILLION OZ
END
