Harvey Organ: We’ve Got Shocking Results With COMEX Gold

Harvey explains how we have shocking results on the COMEX in conjunction with the now gigantic amount of gold EFPs sent to London. Here’s an update…

by Harvey Organ of Harvey Organ Blog

JAN 25/GOLD UP $5.80 TO $1363.00 AT COMEX CLOSING/SILVER IS UP 13 CENTS TO $17.63. IN THE ACCESS MARKET GOLD/SILVER RAIDED AFTER TRUMP IS PARADED OUT AND TELLS US THAT MNUCHIN WAS “MISTAKEN”/COMEX GOLD OI RISES BY A HUGE 15,531 CONTRACTS AND THEN THE CROOKS ISSUE 20,747 EFP CONTRACT TRANSFERS FOR LONDON BASED FORWARDS/SILVER COMEX OI RISES BY 5889 CONTRACTS AND THEN ANOTHER 2865 EFP ISSUANCE FOR LONDON BASED FORWARDS IN SILVER/ ANDREW MAGUIRE’S COMPANY TO BEGIN A CRYPTO CURRENCY 100% BACKED BY GOLD AND SILVER/IN USA THE DEPT OF JUSTICE HAS FOUND OUR LOVE BIRDS’ 50,000 TEXTS/MORE SWAMP STORIES/

GOLD: $1363.00 UP $5.80

Silver: $17.63 UP 13 cents

Closing access prices:

Gold $1348.50

silver: $17.31

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: $1371.20 DOLLARS PER OZ

NY PRICE OF GOLD AT EXACT SAME TIME: $1361.60

PREMIUM FIRST FIX: $9.60

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SECOND SHANGHAI GOLD FIX: $1368.90

NY GOLD PRICE AT THE EXACT SAME TIME: $1360.60

Premium of Shanghai 2nd fix/NY:$8.30

SHANGHAI REJECTS NY /LONDON PRICING OF GOLD

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LONDON FIRST GOLD FIX: 5:30 am est $1360.25

NY PRICING AT THE EXACT SAME TIME: $1359.85

LONDON SECOND GOLD FIX 10 AM: $1353.70

NY PRICING AT THE EXACT SAME TIME. $1355.25

For comex gold:

JANUARY/

NUMBER OF NOTICES FILED TODAY FOR JANUARY CONTRACT: 3 NOTICE(S) FOR 300 OZ.

TOTAL NOTICES SO FAR: 695 FOR 69500 OZ (2.1617 TONNES),

For silver:

jANUARY

1 NOTICE(S) FILED TODAY FOR

5,000 OZ/

Total number of notices filed so far this month: 727 for 3,635,000 oz

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Bitcoin: BID $11,132/OFFER $11,232  DOWN $201 (morning)

 Bitcoin: BID   $11,231/OFFER  $11,333 down $100  (CLOSING/4 PM)

end

Let us have a look at the data for today

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In silver, the total open interest ROSE BY A HUGE 5889 contracts from 199,985 RISING TO 205,874 WITH YESTERDAY’S BIG 56 CENT GAIN IN SILVER PRICING.  OBVIOUSLY WE HAD NO COMEX LIQUIDATION. HOWEVER, WE WERE AGAIN NOTIFIED THAT WE HAD ANOTHER HUGE SIZED NUMBER OF COMEX LONGS TRANSFERRING THEIR CONTRACTS TO LONDON THROUGH THE EFP ROUTE:  2865 EFP’S FOR MARCH AND ZERO FOR OTHER MONTHS  AND THUS TOTAL ISSUANCE OF 2865 CONTRACTS. HOWEVER THE MOVEMENT ACROSS TO LONDON IS NOT AS SEVERE AS IN GOLD AS THERE SEEMS TO BE  MAJOR PLAYERS WILLING TO TAKE ON THE BANKS AT THE COMEX. STILL, WITH THE TRANSFER OF 2865 CONTRACTS, WHAT THE CME IS STATING IS THAT THERE IS NO SILVER (OR GOLD) TO BE DELIVERED UPON AT THE COMEX AS THEY MUST EXPORT THEIR OBLIGATION TO LONDON. ALSO KEEP IN MIND THAT THERE CAN BE A DELAY OF 24 HRS IN THE ISSUING OF EFP’S.

ACCUMULATION FOR EFP’S/SILVER/ STARTING FROM FIRST DAY NOTICE/FOR MONTH OF JANUARY:

40,662 CONTRACTS (FOR 18 TRADING DAYS TOTAL 40,662 CONTRACTS OR 203,31 MILLION OZ: AVERAGE PER DAY: 2259 CONTRACTS OR 11.295 MILLION OZ/DAY)

TO GIVE YOU AN IDEA AS TO THE HUGE SUPPLY THIS MONTH IN SILVER:  SO FAR THIS MONTH:  203.31 MILLION PAPER OZ HAVE MORPHED OVER TO LONDON. THIS REPRESENTS AROUND 29.04%OF ANNUAL GLOBAL PRODUCTION

RESULT: A HUGE SIZED GAIN IN OI COMEX WITH THE 56 CENT GAIN IN SILVER PRICE.  WE ALSO HAD A HUGE SIZED EFP ISSUANCE OF 2865 CONTRACTS WHICH EXITED OUT OF THE SILVER COMEX AND TRANSFERRED THEIR OI TO LONDON AS FORWARDS. SPECULATORS CONTINUED THEIR INTEREST IN ATTACKING THE SILVER COMEX FOR PHYSICAL SILVER . FROM THE CME DATA 2865 EFP’S WERE ISSUED FOR TODAY  FOR A DELIVERABLE FORWARD CONTRACT OVER IN LONDON WITH A FIAT BONUS. WE REALLY GAINED 8754 OI CONTRACTS i.e. 2865 open interest contracts headed for London (EFP’s) TOGETHER WITH A INCREASE OF 5889  OI COMEX CONTRACTS. AND ALL OF THIS HAPPENED WITH THE RISE IN PRICE OF SILVER OF 56 CENTS AND A CLOSING PRICE OF $17.50 WITH RESPECT TO YESTERDAY’S TRADING. YET WE STILL HAVE A GOOD AMOUNT OF SILVER STANDING AT THE COMEX.

In ounces AT THE COMEX, the OI is still represented by just OVER 1 BILLION oz i.e. 1.029 BILLION TO BE EXACT or 147% of annual global silver production (ex Russia & ex China).

FOR THE NEW FRONT JANUARY MONTH/ THEY FILED: 3 NOTICE(S) FOR 300 OZ OF SILVER

In gold, the open interest SURPRISINGLY ROSE  BY A HUMONGOUS 15,531 CONTRACTS UP TO597,952 WITH THE HUGE SIZED RISE IN PRICE OF GOLD WITH YESTERDAY’S TRADING ($25.00). IN ANOTHER HUGE DEVELOPMENT, WE RECEIVED THE TOTAL NUMBER OF GOLD EFP’S ISSUED FOR THURSDAY AND IT TOTALED A HUMONGOUS SIZED  20,747 CONTRACTS OF WHICH FEBRUARY SAW 15,590 CONTRACTS ISSUED AND  APRIL SAW THE ISSUANCE OF 5157 CONTRACTS.    The new OI for the gold complex rests at 599,121. ALSO REMEMBER THAT THERE CAN BE A DELAY IN THE ISSUANCE OF EFP’S.  THE BANKERS REMOVE LONG POSITIONS OF COMEX GOLD IMMEDIATELY.  THEN THEY ORCHESTRATE THEIR PRIVATE EFP DEAL WITH THE LONGS AND THAT COULD TAKE AN ADDITIONAL 48 HRS SO WE GENERALLY DO NOT GET A MATCH WITH RESPECT TO DEPARTING COMEX LONGS AND NEW EFP LONG TRANSFERS. DEMAND FOR GOLD INTENSIFIES GREATLY AS WE CONTINUE TO WITNESS A HUGE NUMBER OF EFP TRANSFERS TOGETHER WITH THE MASSIVE INCREASE IN GOLD COMEX OI  TOGETHER WITH  THE TOTAL AMOUNT OF GOLD OUNCES STANDING FOR JANUARY COMEX. EVEN THOUGH THE BANKERS ISSUED THESE MONSTROUS EFPS, THE OBLIGATION STILL RESTS WITH THE BANKERS TO SUPPLY METAL BUT IT TRANSFERS THE RISK TO A LONDON BANKER OBLIGATION AND NOT A NEW YORK COMEX OBLIGATION. LONGS RECEIVE A FIAT BONUS TOGETHER WITH A LONG LONDON FORWARD. THUS, BY THESE ACTIONS, THE BANKERS AT THE COMEX HAVE JUST STATED THAT THEY HAVE NO APPRECIABLE METAL!! THIS IS A MASSIVE FRAUD: THEY CANNOT SUPPLY ANY METAL TO OUR COMEX LONGS BUT THEY ARE QUITE WILLING TO SUPPLY MASSIVE NON BACKED GOLD (AND SILVER) PAPER KNOWING THAT THEY HAVE NO METAL TO SATISFY OUR LONGS. LONDON IS NOW SEVERELY BACKWARD IN BOTH GOLD AND SILVER (BIG RISE IN BOTH GOFO AND SIFO) AND WE ARE WITNESSING DELAYS IN ACTUAL DELIVERIES. IN ESSENCE TODAY WE HAVE A HUGE GAIN OF 36.278  CONTRACTS: 15,531 OI CONTRACTS INCREASED AT THE COMEX AND A GOOD SIZED  20,747 OI CONTRACTS WHICH NAVIGATED OVER TO LONDON. EXPECT HUGE NUMBERS OF EFP’S TO BE ISSUED AS WE APPROACH FIRST DAY NOTICE IN THE GOLD FEB COMEX CONTRACT, WEDNESDAY JAN 31.2018

YESTERDAY, WE HAD 12,223 EFP’S ISSUED.

ACCUMULATION OF EFP’S/ GOLD(EXCHANGE FOR PHYSICAL) FOR THE MONTH OF JANUARY STARTING WITH FIRST DAY NOTICE: 185,218 CONTRACTS OR 18.218 MILLION OZ OR 566.65 TONNES(18 TRADING DAYS AND THUS AVERAGING: 10,289 EFP CONTRACTS PER TRADING DAY OR 1,028,900 OZ/DAY)

TO GIVE YOU AN IDEA AS TO THE HUGE SIZE OF THESE EFP TRANSFERS :   SO FAR THIS MONTH IN 17 TRADING DAYS: IN  TONNES: 567 TONNES

TOTAL ANNUAL GOLD PRODUCTION, 2017, THROUGHOUT THE WORLD EX CHINA EX RUSSIA: 2200 TONNES

THUS EFP TRANSFERS REPRESENTS 567/2200 TONNES =  25.77% OF GLOBAL ANNUAL PRODUCTION SO FAR IN JANUARY ALONE.

Result: A SHOCKINGLY STRONG SIZED INCREASE IN OI AT THE COMEX WITH THE HUGE SIZED RISE IN PRICE IN GOLD TRADING ON YESTERDAY ($25.00). WE HAD ANOTHER GIGANTIC SIZED NUMBER OF COMEX LONG TRANSFERRING TO LONDON THROUGH THE EFP ROUTE: 20,747. THERE OBVIOUSLY DOES NOT SEEM TO BE MUCH PHYSICAL GOLD AT THE COMEX AND YET WE ALSO OBSERVED A HUGE DELIVERY MONTH FOR THE MONTH OF DECEMBER. I GUESS IT EXPLAINS THE HUGE ISSUANCE OF EFP’S…THERE IS HARDLY ANY GOLD PRESENT AT THE GOLD COMEX FOR DELIVERY PURPOSES. IF YOU TAKE INTO ACCOUNT THE 20,747 EFP CONTRACTS ISSUED, WE HAD A NET GAIN IN OPEN INTEREST OF 36,278 contracts ON THE TWO EXCHANGES:

20,747 CONTRACTS MOVE TO LONDON AND  15,531 CONTRACTS INCREASED AT THE COMEX. (in tonnes, the GAIN in total oi equates to 116.47 TONNES).

we had: 3 notice(s) filed upon for 300 oz of gold.

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

GLD

With gold UP $5.80, we had no changes in gold inventory at the GLD/

Inventory rests tonight: 849.32 tonnes.

SLV/

A SMALL CHANGES IN SILVER INVENTORY AT THE SLV/ WITH SILVER UP TODAY AND YESTERDAY, THEY COULD ONLY MUSTER A GAIN OF 848,00 OZ AT THE SLV /

INVENTORY RESTS AT 313.896 MILLION OZ/

Let us head over to the comex:

The total gold comex open interest SHOCKINGLY ROSE BY A HUGE 15,531 CONTRACTS UP to an OI level of 597,952 WITH THE HUGE RISE IN THE PRICE OF GOLD ($25.00 GAIN WITH RESPECT TO YESTERDAY’S TRADING).   WE HAD SURPRISINGLY NO COMEX GOLD LIQUIDATION. HOWEVER THE CME REPORTS THAT  THE BANKERS ISSUED ANOTHER STRONG COMEX TRANSFER THROUGH THE EFP ROUTE AS THESE LONGS RECEIVED A DELIVERABLE LONDON FORWARD TOGETHER WITH A FIAT BONUS. WE HAD A GOOD SIZED 15,590 EFP’S ISSUED FOR FEBRUARY  AND 5157 EFP’s  FOR APRIL:  TOTAL  20,747 CONTRACTS. THE OBLIGATION STILL RESTS WITH THE BANKERS ON THESE TRANSFERS. ALSO REMEMBER THAT THERE CAN BE A DELAY OF UP TO 48 HRS AFTER LONGS GIVE UP THEIR COMEX CONTRACTS AS THEY ARE NEGOTIATING A PRIVATE EFP CONTRACT WITH THE BANKS… THE COMEX IS NOW AN ABSOLUTE FRAUD!!

ON A NET BASIS IN OPEN INTEREST WE GAINED TODAY: 36,278 OI CONTRACTS IN THAT 20,747 LONGS WERE TRANSFERRED AS FORWARDS TO LONDON AND WE GAINED 15,531 COMEX CONTRACTS. NET GAIN ON THE TWO EXCHANGES: 36,278 contracts OR 3.6278 MILLION OZ  OZ OR 112.83 TONNES

Result: A  SURPRISING AND STRONG  INCREASE IN COMEX OPEN INTEREST DESPITE THE HUGE RISE IN YESTERDAY’S GOLD TRADING ($25.00.) WE HAD NO COMEX GOLD LIQUIDATION.  TOTAL OPEN INTEREST GAIN ON THE TWO EXCHANGES: 36,278 OI CONTRACTS..

We have now entered the active contract month of JANUARY. The open interest for the front month of JANUARY saw it’s open interest FALL by 20 contracts FALLING TO 6.  We had 8 notices served upon yesterday so we LOST 12  contracts or an additional 1200 oz of gold will NOT  stand AT THE COMEX in this non active month of January as these guys joined others in obtaining a London based forward contract.

FEBRUARY saw a LOSS of 44,211 contacts DOWN to 157,533.  March saw a GAIN of 341 contracts UP to 1656.  April saw a GAIN of 46,858 contracts UP to 304,618.

We had 3 notice(s) filed upon today for 300 oz

PRELIMINARY VOLUME TODAY ESTIMATED;  580,409

FINAL NUMBERS CONFIRMED FOR YESTERDAY:  697,516

comex gold volumes are RISING AGAIN

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And now for the wild silver comex results.

Total silver OI ROSE  BY A HUGE 5,889  CONTRACTS FROM 199,985 UP TO 205,874 WITH YESTERDAY’S HUGE 56 CENT GAIN.  WE WERE ALSO INFORMED THAT WE HAD ANOTHER GIGANTIC SIZED 2865 EMERGENCY EFP’S FOR MARCH ISSUED BY OUR BANKERS (AND ZERO FOR ALL OTHER MONTHS)  TO COMEX LONGS WHO RECEIVED A FIAT BONUS PLUS A DELIVERABLE PRODUCT OVER IN LONDON: THE TOTAL EFP’S ISSUED: 2865.   THE SILVER BOYS HAVE STARTED TO MIGRATE TO LONDON FROM THE START OF DELIVERY MONTH AND CONTINUING RIGHT THROUGH UNTIL FIRST DAY NOTICE JUST LIKE WE ARE WITNESSING TODAY. USUALLY WE NOTED THAT CONTRACTION IN OI OCCURRED ONLY DURING THE LAST WEEK OF AN UPCOMING ACTIVE DELIVERY MONTH AS WE HAVE JUST SEEN IN GOLD TODAY. THIS PROCESS HAS JUST BEGUN IN EARNEST IN SILVER STARTING IN SEPTEMBER 2017. HOWEVER, IN GOLD, WE HAVE BEEN WITNESSING THIS FOR THE PAST 2 YEARS. NICK LAIRD WAS KIND ENOUGH TO SUPPLY US THE TOTAL FOR 2017 GOLD EFP’S AND IT WAS 6600 TONNES FOR THE ENTIRE YEAR.  WE HAD  ZERO LONG COMEX SILVER LIQUIDATION AND A HUGE SIZED RISE IN TOTAL SILVER OI. WE ARE ALSO WITNESSING A FAIR AMOUNT OF SILVER OUNCES STANDING FOR COMEX METAL IN THIS NON ACTIVE JANUARY AS WELL AS THAT CONTINUAL MIGRATION OF EFPS OVER TO LONDON. ON A PERCENTAGE BASIS THERE ARE MORE EFP’S ISSUED FOR GOLD THAN SILVER.  ON A NET BASIS WE GAINED 8754 SILVER OPEN INTEREST CONTRACTS:

5889 CONTRACT GAIN AT THE COMEX COMBINING WITH THE ADDITION OF 2865 OI CONTRACTSNAVIGATING OVER TO LONDON.

NET GAIN TWO EXCHANGES: 8754 CONTRACTS

We are now in the poor non active delivery month of January and here the OI LOST 9 contracts FALLING TO 3.  We had 10 notices served upon yesterday, so we GAINED 1 contract or an additional 5,000 oz will stand for delivery  AT THE COMEX  AND QUEUE JUMPING CONTINUES

February saw a LOSS OF 23 OI contracts FALLING TO 146. The March contract GAINED 3317 contracts UP to 142,036.

We had 1 notice(s) filed for NIL 5,000 for the January 2018 contract for silver

INITIAL standings for JANUARY

Jan 25/2018.

we had 1 kilobar transaction/
We had 0 inventory movement at the dealer accounts
total inventory movement into the dealer accounts:  nil oz
we had 1 withdrawals into the customer account:
i) Out of Scotia: 321.50 oz
total withdrawal: 321.50  oz
we had 0 customer deposit
total deposits: nil oz
we had 1 adjustments
 i) out of HSBC, 22,041.942 oz was removed from the dealer and this landed into the customer account of the HSBC
total registered or dealer gold:  564,459.531 oz or 17.557 tonnes
total registered and eligible (customer) gold;   9,313,221.043 oz 289.68 tones

For JANUARY:
Today, 0 notice(s) were issued from JPMorgan dealer account and 0 notices were issued from their client or customer account. The total of all issuance by all participants equates to 3 contract(s) of which 0 notices were stopped (received) by j.P. Morgan dealer and 0 notice(s) was (were) stopped/ Received) by j.P.Morgan customer account.

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To calculate the INITIAL total number of gold ounces standing for the JANUARY. contract month, we take the total number of notices filed so far for the month (695) x 100 oz or 69500 oz, to which we add the difference between the open interest for the front month of JAN. (6 contracts) minus the number of notices served upon today (3 x 100 oz per contract) equals 69,800 oz, the number of ounces standing in this active month of JANUARY

Thus the INITIAL standings for gold for the JANUARY contract month:

No of notices served (695 x 100 oz or ounces + {(6)OI for the front month minus the number of notices served upon today (3 x 100 oz which equals 69,800 oz standing in this active delivery month of JANUARY (2.1710 tonnes). THERE IS 17.557 TONNES OF REGISTERED GOLD AVAILABLE FOR DELIVERY SO FAR.

WE LOST 2 CONTRACTS OR AN ADDITIONAL 200 OZ WILL NOT STAND IN THIS NON ACTIVE DELIVERY MONTH OF JANUARY (DATA CORRECTED FROM YESTERDAY)

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ON FIRST DAY NOTICE FOR JANUARY 2017, THE INITIAL GOLD STANDING: 3.904 TONNES STANDING

BY THE END OF THE MONTH: FINAL: 3.555 TONNES STOOD FOR COMEX DELIVERY AS THE REMAINDER HAD TRANSFERRED OVER TO LONDON FORWARDS.

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I have a sneaky feeling that these withdrawals of gold in kilobars are being used in the hypothecating process and are being used in the raiding of gold!
The gold comex is an absolute fraud. The use of kilobars and exact weights makes the data totally absurd and fraudulent! To me, the only thing that makes sense is the fact that “kilobars: are entries of hypothecated gold sent to other jurisdictions so that they will not be short with their underwritten derivatives in that jurisdiction. This would be similar to the rehypothecated gold used by Jon Corzine at MF Global.

IN THE LAST 15 MONTHS 65 NET TONNES HAS LEFT THE COMEX.

end

And now for silver

AND NOW THE DECEMBER DELIVERY MONTH

DECEMBER FINAL standings

we had no inventory movement at the dealer side of things

total inventory movement dealer: nil oz

we had 1 inventory deposits into the customer account

i) CNT  Deposit:  1,199,756.010  oz

total inventory deposits: 1,199,756.010 oz

we had 0 withdrawals from the customer account;

 

total withdrawals;  nil oz

we had 0 adjustment

total dealer silver:  45.461 million

total dealer + customer silver:  247.148 million oz

The total number of notices filed today for the JANUARY. contract month is represented by 1 contract(s) FOR 5,000 oz. To calculate the number of silver ounces that will stand for delivery in JANUARY., we take the total number of notices filed for the month so far at 727 x 5,000 oz = 3,635,000 oz to which we add the difference between the open interest for the front month of JAN. (3) and the number of notices served upon today (1 x 5000 oz) equals the number of ounces standing.

.

Thus the INITIAL standings for silver for the JANUARY contract month: 727(notices served so far)x 5000 oz + OI for front month of JANUARY(3) -number of notices served upon today (1)x 5000 oz equals 3,645,000 oz of silver standing for the JANUARY contract month. This is VERY GOOD for this NONACTIVE delivery month of JANUARY.  WE GAINED 1 CONTRACTS OR AN ADDITIONAL 5,000  OZ WILL  STAND FOR DELIVERY IN THIS NON ACTIVE DELIVERY MONTH OF JANUARY AS QUEUE JUMPING CONTINUES AS WE PROCEED TO MONTH’S END.

ON FIRST DAY NOTICE FOR THE JANUARY 2017 CONTRACT WE HAD 3.790 MILLION OZ STAND.

THE FINAL STANDING: 3,730 MILLION OZ

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I almost fell from my chair:  we received volumes at the comex and they were on time

ESTIMATED VOLUME FOR TODAY: 107,890

CONFIRMED VOLUME FOR YESTERDAY:  132,365 CONTRACTS

YESTERDAY’S CONFIRMED VOLUME OF 132,265 CONTRACTS EQUATES TO  662 MILLION OZ OR 94.5% OF ANNUAL GLOBAL PRODUCTION OF SILVER

COMMODITY LAW SUGGESTS THAT OPEN INTEREST SHOULD NOT BE MORE THAN 3% OF ANNUAL GLOBAL PRODUCTION. THE CROOKS ARE SUPPLYING MASSIVE PAPER TRYING TO KEEP SILVER IN CHECK.

The record level of silver open interest is 234,787 contracts set on April 21./2017 with the price at that day at $18.42
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 -2.25% (Jan 24/2018)
2. Sprott gold fund (PHYS): premium to NAV FALLS TO -0.45% to NAV (Jan 24/2018 )
Note: Sprott silver trust back into NEGATIVE territory at -2.25%-/Sprott physical gold trust is back into NEGATIVE/ territory at -0.36%/Central fund of Canada’s is still in jail but being rescued by Sprott.
Sprott WINS hostile 3.1 billion bid to take over Central Fund of Canada

(courtesy Sprott/GATA)

3.SPROTT CEF.A FUND (FORMERLY CENTRAL FUND OF CANADA): NAV FALLS TO 3.21%: NAV 14.22/TRADING 13.59//DISCOUNT 3.21%

END

And now the Gold inventory at the GLD/

jan 25/no changes in gold inventory at the GLD/inventory rests at 849.32 tonnes

Jan 24/A HUGE DEPOSIT OF 2.65 TONNES OF GOLD INTO GLD/INVENTORY RESTS AT 849.32 TONNES

Jan 23/NO CHANGE IN GOLD INVENTORY DESPITE GOLD’S RISE/INVENTORY RESTS AT 846.67 TONNES

Jan 22/a huge deposit of 5.71 tonnes of gold despite a drop in price/inventory rests at 846.67 tonnes. In 3 trading days, the GLD has added 17.71 tonnes/the bankers are now in trouble!!

Jan 19/no change in gold inventory at the GLD/Inventory rests at 840.76 tonnes

Jan 18/SHOCKINGLY A HUGE DEPOSIT OF 11.80 TONNES WITH GOLD DOWN ALMOST $12.00/INVENTORY RESTS AT 840.76

Jan 17/no changes in gold inventory at the GLD/inventory rests at 828.96 tonnes

Jan 16/NO CHANGES IN GOLD INVENTORY AT THE GLD/INVENTORY RESTS AT 828.96 TONNES

Jan 12/no changes in inventory at the GLD despite the rise in gold price/inventory rests at 828.96 tonnes

Jan 11/ANOTHER IDENTICAL WITHDRAWAL OF 2.95 TONNES FROM THE GLD INVENTORY/INVENTORY RESTS AT 828.96 TONNES

Jan 10/with gold up today, a strange withdrawal of 2.95 tonnes/inventory rests at 831.91 tonnes

Jan 9/no changes in gold inventory at the GLD/Inventory rests at 834.88 tonnes

Jan 8/with gold falling by a tiny $1.40 and this being after 12 consecutive gains, today they announce another 1.44 tonnes of gold withdrawal from the GLD/

Jan 5/NO CHANGE IN GOLD INVENTORY AT THE GLD/INVENTORY RESTS AT 836.32 TONNES

Jan 4/2018/no change in gold inventory at the GLD/Inventory rests at 836.32 tonnes

Jan 3/a huge withdrawal of 1.18 tonnes of gold from the GLD/Inventory rests at 836.32 tonnes

Jan 2/2018/no changes in gold inventory at the GLD/inventory rests at 837.50 tonnes

Dec 29/NO CHANGES IN GOLD INVENTORY AT THE GLD/INVENTORY RESTS AT 837.50 TONNES

Dec 28/NO CHANGES IN GOLD INVENTORY AT THE GLD/INVENTORY RESTS AT 837.50 TONNES

Dec 27/NO CHANGES IN GOLD INVENTORY AT THE GLD/ INVENTORY RESTS AT 837.50 TONNES

Dec 26/no change in gold inventory at the GLD

Dec 22/ A DEPOSIT OF 1.48 TONNES OF GOLD INTO GLD INVENTORY/INVENTORY RESTS AT 837.50 TONNES

Dec 21′ NO CHANGE IN GOLD INVENTORY AT THE GLD/INVENTORY RESTS AT 836.02 TONNES

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Jan 25/2018/ Inventory rests tonight at 849.32 tonnes

*IN LAST 315 TRADING DAYS: 91.83 NET TONNES HAVE BEEN REMOVED FROM THE GLD
*LAST 249 TRADING DAYS: A NET 65.48 TONNES HAVE NOW BEEN ADDED INTO GLD INVENTORY.

end

Now the SLV Inventory

Jan 25/with silver up today and yesterday, the SLV could only muster a gain of 848,000 oz

jan 24/NO CHANGE IN SILVER INVENTORY DESPITE THE GOOD ADVANCE IN PRICE/INVENTORY RESTS AT 313.048 MILLION OZ/

Jan 23/ANOTHER HUGE WITHDRAWAL OF 1.131 MILLION OZ OF SILVER DESPITE THE TINY LOSS/THE CROOKS ARE USING THE INVENTORY TO RAID ON SILVER.

JAN 22.2018/with silver down by 5 cents/ the crooks at the SLV liquidate 1.321 million oz of silver/inventory rests at 314.179 million oz/

Jan 19/ no changes in silver inventory at the SLV/inventory rests at 315.500 million oz/

jan 18/A WITHDRAWAL OF 848,000 OZ OF SILVER FROM THE SLV/INVENTORY RESTS AT 315.500 MILLION OZ/

Jan 17/no changes in silver inventory at the SLV/inventory rests at 316.348 million oz/

Jan 16/NO CHANGES IN SILVER INVENTORY AT THE SLV/INVENTORY RESTS AT 316.348  MILLION OZ

Jan 12/no changes in silver inventory at the SLV/inventory rests at 316.348 million oz/

Jan 11/NO CHANGE IN SILVER INVENTORY AT THE SLV/INVENTORY RESTS AT 316.348 MILLION OZ/

Jan 10/with silver up again, we had a huge withdrawal of 1.227 million oz from the SLV/inventory rests at 316.348 million oz

Jan 9/a withdrawal of 848,000 oz from the SLV/Inventory rests at 317.575 million oz/

jan 8/no change in silver inventory at the SLV/Inventory rests at 318.423 million oz/

Jan 5/DESPITE NO CHANGE IN SILVER PRICING, WE HAD A HUGE WITHDRAWAL OF 2.026 MILLION OZ/INVENTORY RESTS AT 318.423 MILLION OZ.

Jan 4.2018/a slight withdrawal of 180,000 oz and this would be to pay for fees/inventory rests at 320.449 million oz/

Jan 3/NO CHANGE IN SILVER INVENTORY AT THE SLV/INVENTORY RESTS AT 320.629 MILLION OZ.

Jan 2/WITH SILVER UP DRAMATICALLY THESE PAST 4 TRADING DAYS, THE FOLLOWING MAKES NO SENSE: WE HAD A WITHDRAWAL OF 2.83 MILLION OZ FROM THE SLV

INVENTORY RESTS AT 320.629 MILLION OZ/

Dec 29/no changes in silver inventory at the SLV/inventory rests at 323.459 million oz/

Dec 28/DESPITE THE RISE IN SILVER AGAIN BY 13 CENTS, WE LOST ANOTHER 1,251,000 OZ OF SILVER FROM THE SILVER.

Dec 27/WITH SILVER UP AGAIN BY 17 CENTS, WE LOST ANOTHER 802,000 OZ OF SILVER INVENTORY/WHAT CROOKS/INVENTORY RESTS AT 324.780 MILLION OZ/

Dec 26/no change in silver inventory at the SLV./Inventory rests at 325.582

Dec 21/NO CHANGE IN SILVER INVENTORY AT THE SLV/INVENTORY RESTS AT 326.227 MILLION OZ/

.

Jan 25/2017:

Inventory 313.896 million oz

end

6 Month MM GOFO
Indicative gold forward offer rate for a 6 month duration

+ 1.81%
12 Month MM GOFO
+ 2.13%