Harvey Organ: Bullion Banks Caught Off Guard By The Saudi Missile Attacks
The official sector has a problem. Harvey explains…
by Harvey Organ of Harvey Organ Blog
SEPT 16/THREE MEMBERS FROM JPMORGAN CHARGED WITH FRAUD AND MANIPULATION OF THE PRECIOUS METALS: IT LOOKS LIKE DEPT OF JUSTICE GOING AFTER JPM FOR RICO CHARGES WHICH WILL BE FASCINATING TO WATCH/MISSILES HIT SAUDI ARABIA PROBABLY FOR IRANIAN HELD TERRITORY IN IRAQ AND THAT SENDS OIL SKYROCKETING, GOLD/SILVER HIGHER AND THE DOW FLOUNDERING//CHINA REPORTS DISMAL INDUSTRIAL PRODUCTION PLUS OTHER POOR REPORTS RE LAST MONTH//FOR SWAMP STORIES FOR YOU TONIGHT PLUS THE KING REPORT//
GOLD: $1504.00 UP 11.75 (COMEX TO COMEX CLOSING)
Silver:$17.94 UP 41 CENTS (COMEX TO COMEX CLOSING)
Closing access prices:
Gold : $1498.60
silver: $17.86
As probably many of you have already heard of the huge missile attack on the all important Saudi oil refiners in Riyadh. The attacks came from the north which probably means that it originated in Shiite territory inside Iraq. The area from which the missiles were fired came from area controlled by the Iranian National Guard. Judging by the sophistication of the hits, you can bet the farm at it was Iranian Guard missiles and not the unsophisticated Houthis rebel tribal stuff.
I pointed out the following to you on Friday but it is worth repeating:
“It is important to understand that we are dealing with official sector raids with their dirty work accomplished by the banks. The front running by banks is minimal as they know this will ultimately fail.
The problem the official sector has is only one: they are offering ( short selling) massive paper contracts and their hope is that nobody is in the wings picking up that paper and tendering it for metal.
Friday is a good day for the bankers /official sector) to raid as nobody can tender on Saturday. However their worries become real on Monday.”
It seems today that our official sector/bankers were caught off guard with respect to the Saudi Arabia missile attacks.
I can assure you that the derivative are in the state of shambles today. Bankers koathe big advance days as they do not have enough time to unload some of their risk. Right now they are all on life support courtesy of our official sector which will explain why there is no position limits for them.
we are coming very close to a commercial failure!!
JPMorgan has been receiving gold with reckless abandon and sometimes supplying (stopping)
today RECEIVING 0/1
EXCHANGE: COMEX
CONTRACT: SEPTEMBER 2019 COMEX 100 GOLD FUTURES
SETTLEMENT: 1,490.900000000 USD
INTENT DATE: 09/13/2019 DELIVERY DATE: 09/17/2019
FIRM ORG FIRM NAME ISSUED STOPPED
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657 C MORGAN STANLEY 1
737 C ADVANTAGE 1
____________________________________________________________________________________________
TOTAL: 1 1
MONTH TO DATE: 1,724
NUMBER OF NOTICES FILED TODAY FOR SEPT CONTRACT: 1 NOTICE(S) FOR 100 OZ (0.00311 tonnes)
TOTAL NUMBER OF NOTICES FILED SO FAR: 1724 NOTICES FOR 172400 OZ (5.3623 TONNES)
SILVER
FOR SEPT
total number of notices filed so far this month: 8197 for 40,985,000 oz
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Bitcoin: OPENING MORNING TRADE : $ 10299 UP 1
Bitcoin: FINAL EVENING TRADE: $ 10126 DOWN 173
Let us have a look at the data for today
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IN SILVER THE COMEX OI FELL BY A MUCH SMALLER THAN EXPECTED SIZED 1818 CONTRACTS FROM 217,690 DOWN TO 216,366 DESPITE THE HUGE 57 CENT LOSS IN SILVER PRICING AT THE COMEX.
TODAY WE ARRIVED FURTHER FROM AUGUST’S 2018 RECORD SETTING OPEN INTEREST OF 244,196 CONTRACTS.
WE HAVE ALSO WITNESSED A LARGE 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 HUGE SIZED NUMBER OF COMEX LONGS TRANSFERRING THEIR CONTRACTS TO LONDON THROUGH THE EFP:,
FOR SEPT 0, DEC: 1900 AND ZERO FOR ALL OTHER MONTHS AND THEREFORE TOTAL ISSUANCE 3342 CONTRACTS. WITH THE TRANSFER OF 1900 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 1900 EFP CONTRACTS TRANSLATES INTO 9.50 MILLION OZ ACCOMPANYING:
1.THE 57 CENT LOSS 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.
42.355 MILLION OZ INITIALLY STANDING IN SEPT. (HUGE)
WE AGAIN HAD SOME ATTEMPTED COVERING OF BANKER SHORTS AT THE SILVER COMEX YESTERDAY AS THE 7TH CONSECUTIVE RAID ORCHESTRATED BY THE CROOKED BANKERS/OFFICIAL SECTOR ENDED IN SUCCESS FOR THEM WITH RESPECT TO PRICE BUT NOT IN TOTAL OPEN INTEREST WHICH WAS THEIR GAME PLAN…TO FLEECE UNSUSPECTING LONGS (MEGA STOP LOSSES ETC). THAT ENDED IN BITTER FAILURE FOR THEM AS NOBODY IN THE SILVER ARENA ARE LEAVING.
THE LIQUIDATION OF COMEX OI OF SPREADERS HAVE STOPPED AND WE WILL NOW COMMENCE WITH THE ACCUMULATION PHASE OF SPREADERS GOLD OPEN INTEREST
ACCUMULATION FOR EFP’S/SILVER/J.P.MORGAN’S HOUSE OF BRIBES, / STARTING FROM FIRST DAY NOTICE/FOR MONTH OF SEPT:
21,416 CONTRACTS (FOR 10 TRADING DAYS TOTAL 21,416 CONTRACTS) OR 107.08 MILLION OZ: (AVERAGE PER DAY: 2141 CONTRACTS OR 10.71 MILLION OZ/DAY)
TO GIVE YOU AN IDEA AS TO THE HUGE SUPPLY THIS MONTH IN SILVER: SO FAR THIS MONTH OF AUGUST: 107.88 MILLION PAPER OZ HAVE MORPHED OVER TO LONDON. THIS REPRESENTS AROUND 15.4% 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 2019 TO DATE SILVER EFP’S: 1656.70 MILLION OZ.
JANUARY 2019 EFP TOTALS: 217.455. MILLION OZ
FEB 2019 TOTALS: 147.4 MILLION OZ/
MARCH 2019 TOTAL EFP ISSUANCE: 207.835 MILLION OZ
APRIL 2019 TOTAL EFP ISSUANCE: 182.87 MILLION OZ.
MAY 2019: TOTAL EFP ISSUANCE: 136.55 MILLION OZ
JUNE 2019 , TOTAL EFP ISSUANCE: 265.38 MILLION OZ
JULY 2019 TOTAL EFP ISSUANCE: 175.74 MILLION OZ
AUG. 2019 TOTAL EFP ISSUANCE; 216.47 MILLION OZ
RESULT: WE HAD A SMALLER THAN EXPECTED SIZED DECREASE IN COMEX OI SILVER COMEX CONTRACTS OF 1657, DESPITE THE MASSIVE 57 CENT LOSS IN SILVER PRICING AT THE COMEX /YESTERDAY… THE CME NOTIFIED US THAT WE HAD A STRONG SIZED EFP ISSUANCE OF 1900 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 (SEE COMEX DATA) .
TODAY WE SURPRISINGLY GAINED: 82 TOTAL OI CONTRACTS ON THE TWO EXCHANGES:
i.e 1900 OPEN INTEREST CONTRACTS HEADED FOR LONDON (EFP’s) TOGETHER WITH DECREASE OF 1818 OI COMEX CONTRACTS. AND ALL OF THIS DEMAND HAPPENED WITH A 57 CENT LOSS IN PRICE OF SILVER AND A CLOSING PRICE OF $17.53 WITH RESPECT TO FRIDAY’S TRADING. YET WE STILL HAVE A STRONG AMOUNT OF SILVER STANDING AT THE COMEX FOR DELIVERY!! MUCH TO THE OFFICIAL SECTOR’S SURPRISE: NOBODY LEFT THE SILVER ARENA.
In ounces AT THE COMEX, the OI is still represented by JUST OVER 1 BILLION oz i.e. 1.081 BILLION OZ TO BE EXACT or 155% of annual global silver production (ex Russia & ex China).
FOR THE NEW FRONT MARCH MONTH/ THEY FILED AT THE COMEX: 95 NOTICE(S) FOR 475,000 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 $14.78.
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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 42.355 MILLION OZ//
- THE RECORD WAS SET IN AUGUST 22/2018: 244,196 CONTRACTS, WITH A SILVER PRICE OF $14.78//.
- 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 OZ
AND 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)
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THE SPREADING LIQUIDATION OPERATION IS NOW OVER FOR SILVER..AND WE WILL NOW MORPH INTO AN ACCUMULATION PHASE OF SPREADING CONTRACTS FOR GOLD. THEY WILL ACCUMULATE CONSIDERABLE AMOUNT OF THE CONTRACTS AND THEN LIQUIDATE ONE WEEK PRIOR TO FIRST DAY NOTICE
FOR THOSE OF YOU WHO ARE NEWCOMERS 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:
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AS I HAVE MENTIONED IN PREVIOUS COMMENTARIES:
“AS YOU WILL SEE, THE CROOKS WILL NOW SWITCH TO GOLD 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 SEPT HEADING TOWARDS THE ACTIVE DELIVERY MONTH OF OCTOBER FOR GOLD.
AS I HAVE MENTIONED IN PREVIOUS COMMENTARIES, HERE IS THE BANKERS MODUS OPERANDI:
YOU WILL ALSO NOTICE THAT THE COMEX OPEN INTEREST STARTS TO RISE IN THIS NON ACTIVE MONTH OF SEPT BUT SO IS THE OPEN INTEREST OF SPREADERS. THE OPEN INTEREST IN GOLD WILL CONTINUE TO RISE UNTIL ONE WEEK BEFORE FIRST DAY NOTICE OF AN UPCOMING ACTIVE DELIVERY MONTH (OCT), 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.”
IN GOLD, THE COMEX OPEN INTEREST FELL BY A SURPRISINGLY SMALL 1818 CONTRACTS, TO 621,630 DESPITE THE $7.75 PRICING LOSS WITH RESPECT TO COMEX GOLD PRICING// YESTERDAY// /
THE CME RELEASED THE DATA FOR EFP ISSUANCE AND IT TOTALED A STRONG SIZED 5090 CONTRACTS:
OCT 2019: 0 CONTRACTS, DEC> 5090 CONTRACTS AND ALL OTHER MONTHS ZERO. The NEW COMEX OI for the gold complex rests at 621,630,,. ALSO REMEMBER THAT THERE WILL BE A DELAY IN THE ISSUANCE OF EFP’S. THE BANKERS REMOVE LONG POSITIONS OF COMEX GOLD IMMEDIATELY. THEN THEY ORCHESTRATE THEIR PRIVATE EFP DEAL WITH THE LONGS AND THAT COULD TAKE AN ADDITIONAL, 48 HRS SO WE GENERALLY DO NOT GET A MATCH WITH RESPECT TO DEPARTING COMEX LONGS AND NEW EFP LONG TRANSFERS. . EVEN THOUGH THE BANKERS ISSUED THESE MONSTROUS EFPS, THE OBLIGATION STILL RESTS WITH THE BANKERS TO SUPPLY METAL BUT IT TRANSFERS THE RISK TO A LONDON BANKER OBLIGATION AND NOT A NEW YORK COMEX OBLIGATION. LONGS RECEIVE A FIAT BONUS TOGETHER WITH A LONG LONDON FORWARD. THUS, BY THESE ACTIONS, THE BANKERS AT THE COMEX HAVE JUST STATED THAT THEY HAVE NO APPRECIABLE METAL!! THIS IS A MASSIVE FRAUD: THEY CANNOT SUPPLY ANY METAL TO OUR COMEX LONGS BUT THEY ARE QUITE WILLING TO SUPPLY MASSIVE NON BACKED GOLD (AND SILVER) PAPER KNOWING THAT THEY HAVE NO METAL TO SATISFY OUR LONGS. LONDON IS NOW SEVERELY BACKWARD IN BOTH GOLD AND SILVER AND WE ARE WITNESSING DELAYS IN ACTUAL DELIVERIES.
IN ESSENCE WE HAVE A SHOCKING GAIN IN TOTAL CONTRACTS ON THE TWO EXCHANGES OF 3083 CONTRACTS: 1818 CONTRACTS DECREASED AT THE COMEX AND 5090 EFP OI CONTRACTS WHICH NAVIGATED OVER TO LONDON. THUS TOTAL OI GAIN OF 3083 CONTRACTS OR 308,300 OZ OR 9.589 TONNES. FRIDAY WE HAD A LOSS OF $7.75 IN GOLD TRADING….
AND WITH THAT HUGE LOSS IN PRICE, WE HAD A VERY STRONG GAIN IN GOLD TONNAGE OF 9.589 TONNES!!!!!! THE BANKERS WERE SUPPLYING INFINITE SUPPLIES OF SHORT GOLD COMEX PAPER TRYING TO CONTAIN THE PRICE RISE WITH MUCH SUCCESS. AND WITH THAT LOSS IN PRICE, WE HAD A VERY STRONG GAIN IN GOLD TONNAGE OF 9.589 TONNES!!!!!!. THE BANKERS WERE SUPPLYING INFINITE SUPPLIES OF SHORT GOLD COMEX PAPER WITH RECKLESS ABANDON BUT LIKE SILVER IT WAS TO NO AVAIL. OUR BANKER FRIENDS/OFFICIAL SECTOR ARE GAINING NOTHING WITH THEIR CONTINUAL RAIDS. I GUESS THE TROUBLE FOR THEM HAVE STARTED TODAY (MONDAY) WHEN SOME LONGS ARE TURNING IN THEIR PAPER FOR REAL PHYSICAL METAL.
ACCUMULATION OF EFP’S GOLD AT J.P. MORGAN’S HOUSE OF BRIBES: (EXCHANGE FOR PHYSICAL) FOR THE MONTH OF SEPT : 71,924 CONTRACTS OR 7,192,400 oz OR 223.71 TONNES (10 TRADING DAY AND THUS AVERAGING: 7192 EFP CONTRACTS PER TRADING DAY
TO GIVE YOU AN IDEA AS TO THE STRONG SIZE OF THESE EFP TRANSFERS : THIS MONTH IN 10 TRADING DAYS IN TONNES: 223.71 TONNES
TOTAL ANNUAL GOLD PRODUCTION, 2018, THROUGHOUT THE WORLD EX CHINA EX RUSSIA: 3555 TONNES
THUS EFP TRANSFERS REPRESENTS 223.71/3550 x 100% TONNES =6.30% OF GLOBAL ANNUAL PRODUCTION
ACCUMULATION OF GOLD EFP’S YEAR 2019 TO DATE: 4375.32 TONNES
JANUARY 2019 TOTAL EFP ISSUANCE; 531.20 TONNES
FEB 2019 TOTAL EFP ISSUANCE: 344.36 TONNES
MARCH 2019 TOTAL EFP ISSUANCE: 497.16 TONNES
APRIL 2019 TOTAL ISSUANCE: 456.10 TONNES
MAY 2019 TOTAL ISSUANCE: 449.10 TONNES
JUNE 2019 TOTAL ISSUANCE: 642.22 TONNES
JULY 2019: TOTAL ISSUANCE: 591.56 TONNES
AUG. 2019 TOTAL ISSUANCE: 639.62 TONNES
WHAT IS ALARMING TO ME, ACCORDING TO OUR LONDON EXPERT ANDREW MAGUIRE IS THAT THESE EFP’S ARE BEING TRANSFERRED TO WHAT ARE CALLED SERIAL FORWARD CONTRACT OBLIGATIONS AND THESE CONTRACTS ARE LESS THAN 14 DAYS. ANYTHING GREATER THAN 14 DAYS, THESE MUST BE RECORDED AND SENT TO THE COMPTROLLER, GREAT BRITAIN TO MONITOR RISK TO THE BANKING SYSTEM. IF THIS IS INDEED TRUE, THEN THIS IS A MASSIVE CONSPIRACY TO DEFRAUD AS WE NOW WITNESS A MONSTROUS TOTAL EFP’S ISSUANCE AS IT HEADS INTO THE STRATOSPHERE.
Result: A SMALL SIZED DECREASE IN OI AT THE COMEX OF 1818 DESPITE THE PRICING LOSS THAT GOLD UNDERTOOK FRIDAY($7.75)) //.WE ALSO HAD A STRONG SIZED NUMBER OF COMEX LONG TRANSFERRING TO LONDON THROUGH THE EFP ROUTE: 5090 CONTRACTS AS THESE HAVE ALREADY BEEN NEGOTIATED AND CONFIRMED. THERE OBVIOUSLY DOES NOT SEEM TO BE MUCH PHYSICAL GOLD AT THE COMEX. 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 5090 EFP CONTRACTS ISSUED, WE HAD A SURPRISING GAIN OF 5,115 CONTRACTS IN TOTAL OPEN INTEREST ON THE TWO EXCHANGES:
5090 CONTRACTS MOVE TO LONDON AND 1818 CONTRACTS DECREASED AT THE COMEX. (IN TONNES, THE GAIN IN TOTAL OI EQUATES TO 9.589 TONNES). ..AND THIS STRONG INCREASE OF DEMAND OCCURRED DESPITE THE LOSS IN PRICE OF $7.75 WITH RESPECT TO FRIDAY’S TRADING AT THE COMEX.
THE COMEX IS NOW UNDER FULL ASSAULT WITH RESPECT TO GOLD AND SILVER.
we had: 1 notice(s) filed upon for 100 oz of gold at the comex.
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With respect to our two criminal funds, the GLD and the SLV:
GLD… THIS MAKES A LOT OF SENSE!!!:…
WITH GOLD UP 11.75 TODAY//(COMEX-TO COMEX)
WE HAD A HUGE PAPER WITHDRAWAL OF GOLD EQUAL TO 5.86 TONNES
INVENTORY RESTS AT 874.51 TONNES
TO ALL INVESTORS THINKING OF BUYING GOLD THROUGH THE GLD ROUTE: YOU ARE MAKING A TERRIBLE MISTAKE AS THE CROOKS ARE USING WHATEVER GOLD COMES IN TO ATTACK BY SELLING THAT GOLD. IT SURE SEEMS TO ME THAT THE GOLD OBLIGATIONS AT THE GLD EXCEED THEIR INVENTORY
SLV/
WITH SILVER UP 41 CENTS TODAY: THIS MAKES A LOT OF SENSE AS WELL???
A BIG CHANGE IN SILVER INVENTORY AT THE SLV//
A PAPER WITHDRAWAL OF: 2.899 MILLION OZ OF SILVER
/INVENTORY RESTS AT 376.502 MILLION OZ.
TO ALL INVESTORS THINKING OF BUYING GOLD THROUGH THE GLD ROUTE: YOU ARE MAKING A TERRIBLE MISTAKE AS THE CROOKS ARE USING WHATEVER GOLD COMES IN TO ATTACK BY SELLING THAT GOLD. IT SURE SEEMS TO ME THAT THE GOLD OBLIGATIONS AT THE GLD EXCEED THEIR INVENTORY
SLV/