Is GOLD The Real Reason For US Hatred of Russia?

PutinWHAT IS GOING ON BEHIND ON SCENES ON THE INCREASED ACCUMULATION OF GOLD BY RUSSIA?

OFFSHORE CHINESE YUAN COMES CLOSE TO 7.00; FINISHES AT 6.9670/GOLD AND SILVER RISE AGAIN FOR THE 4TH STRAIGHT DAY/OBAMA SET TO PUT SANCTIONS ON RUSSIA FOR THEIR “ELECTION HACKING”/TURKEY CONTINUAL SHUNS THE WEST AND AGREES WITH CEASEFIRE PROPOSALS WITH RESPECT TO SYRIA/GRANT WILLIAMS ON WHAT IS GOING ON BEHIND ON SCENES ON THE INCREASED ACCUMULATION OF GOLD BY RUSSIA

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Gold at (1:30 am est) $1139.40 UP $2.10

silver  at $15.99:  UP 6 cents

Access market prices:

Gold: $1142.60

Silver: $16.02

THE DAILY GOLD FIX REPORT FROM SHANGHAI AND LONDON

.

The Shanghai fix is at 10:15 pm est last night and 2:15 am est early this morning

The fix for London is at 5:30  am est (first fix) and 10 am est (second fix)

Thus Shanghai’s second fix corresponds to 195 minutes before London’s first fix.

And now the fix recordings:

WEDNESDAY gold fix Shanghai

Shanghai morning fix Dec 28 (10:15 pm est last night): $  1161.18

NY ACCESS PRICE: $1141.90 (AT THE EXACT SAME TIME)/premium $19.28

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Shanghai afternoon fix:  2: 15 am est (second fix/early  morning):$   1159.93

NY ACCESS PRICE: $1139.50 (AT THE EXACT SAME TIME/2:15 am)

HUGE SPREAD 2ND FIX TODAY!!:  $16.73.78

China rejects NY pricing of gold  as a fraud/arbitrage will now commence fully

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London Fix: Dec 28: 5:30 am est:  $xxx.1139.75   (NY: same time:  $1141.00    5:30AM)

London Second fix Dec 27: 10 am est:  $1134.60 (NY same time: $1138.60 ???    10 AM)

It seems that Shanghai pricing is higher than the other  two , (NY and London). The spread has been occurring on a regular basis and thus I expect to see arbitrage happening as investors buy the lower priced NY gold and sell to China at the higher price. This should drain the comex.

Also why would mining companies hand in their gold to the comex and receive constantly lower prices.  They would be open to lawsuits if they knowingly continue to supply the comex despite the fact that they could be receiving higher prices in Shanghai.

end

For comex gold:

NOTICES FILINGS FOR DECEMBER CONTRACT MONTH:  38 NOTICE(S) FOR 3800 OZ.  TOTAL NOTICES SO FAR: 9165 FOR 916500 OZ    (28.506 TONNES)

For silver:

NOTICES FOR DECEMBER CONTRACT MONTH FOR SILVER: 19 NOTICE(s) FOR95,000  OZ. TOTAL NUMBER OF NOTICES FILED SO FAR; 3806 FOR 19,030,000 OZ

Let us have a look at the data for today

.

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In silver, the total open interest ROSE by 1144 contracts UP to 163,097 with respect to YESTERDAY’S TRADING.    In ounces, the OI is still represented by just less THAN 1 BILLION oz i.e. .816 BILLION TO BE EXACT or 117% of annual global silver production (ex Russia & ex China).

FOR THE DECEMBER FRONT MONTH:  19 NOTICES FILED FOR 95,000  OZ.

In gold, the total comex gold FELL BY 5,822 contracts DESPITE A RISE IN  THE PRICE GOLD ($5.40 with YESTERDAY’S trading ).The total gold OI stands at 401,513 contracts. We are very close to the bottom with respect to OI. Generally 390,000 should do it.

we had 38 notice(s) filed upon for 3800 oz of gold.

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

GLD:

We had  a big  change in tonnes of gold at the GLD, a withdrawal of 1.18 tonnes

Inventory rests tonight: 823.36 tonnes

.

SLV

we had n0 changes in silver into the SLV

THE SLV Inventory rests at: 341.348 million oz

.

First, here is an outline of what will be discussed tonight: Preliminary data

1. Today, we had the open interest in silver ROSE by 1144 contracts UP to 163,097 as the price of silver ROSE by  $0.23 with YESTERDAY’S trading. The gold open interest FELL by 5,822 contracts DOWN to 401,513 despite the fact that the price of gold ROSE BY $5.40 WITH YESTERDAY’S TRADING.

(report Harvey).

2.a) The Shanghai and London gold fix report

(Harvey)

 

2 b) Gold/silver trading overnight Europe, Goldcore

(Mark O’Byrne/zerohedge

and in NY:  Bloomberg

3. ASIAN AFFAIRS

i)Late  TUESDAY night/WEDNESDAY morning: Shanghai closed DOWN 12.43 POINTS OR 0.40%/ /Hang Sang closed UP 179.88 OR .83%. The Nikkei closed DOWN 1.34 OR .01% /Australia’s all ordinaires  CLOSED UP 1.01%/Chinese yuan (ONSHORE) closed DOWN at 6.9642/Oil FELL to 53.82 dollars per barrel for WTI and 55.97 for Brent. Stocks in Europe: ALL IN THE RED EXCEPT LONDON.  Offshore yuan trades  6.9767 yuan to the dollar vs 6.9642  for onshore yuan.THE SPREAD BETWEEN ONSHORE AND OFFSHORE WIDENS A LOT AS  MORE USA DOLLARS ARE  LEAVING CHINA’S SHORES /

REPORT ON JAPAN  SOUTH KOREA NORTH KOREA AND CHINA

3a)THAILAND/SOUTH KOREA

none today

b) REPORT ON JAPAN

i)Another earthquake hits close to Fukushima:

( zero hedge)

ii)Toshiba is real trouble as its stock crashes by limit down 20%.  The real problem is the nuclear division which is suppose to the flagship for earnings growth.  It has huge overruns in the building of nuclear reactors in the USA

( zerohedge)

c) REPORT ON CHINA

i)China flexes its muscle by showing off its firth generation stealth fighter jets

( zero hedge)

4 EUROPEAN AFFAIRS

none today

5. RUSSIAN AND MIDDLE EASTERN AFFAIRS

 

i)What a complete doorknob:  Obama set to announce economic sanctions against Russia as well as a covert cyber operation in punishment for the  “election hacking”

( zero hedge)

ib)And Russia’s response! No doubt Europe will be screwed again with the USA’s actions:

( zero hedge)

ii)The Syrian fiasco is becoming a real nightmare for Obama.  Now Turkey is agreeing to a ceasefire plan with Russia and they are snubbing Washington.  However Turkey wants Assad out which will never happen.  The big question will be what will happen to all of those migrants on Turkish soil?

( zero hedge)

iii)Wow!! Trump slams Obama with huge inflammatory statements. He tells Israel to remain strong and that Jan 20 is approaching quite fast

( zero hedge)

6.GLOBAL ISSUES

none today

7. OIL ISSUES

i)Commodity expert Ritterbush states that the OPEC agreement may collapse in May due to the rise in output from the USA shale boys:

( zero hedge)

ii) Freezing temperatures in the USA causes natural gas prices to surge:

( Nick Cunningham/Oil Price.com)

iii)Oil slides on a huge inventory build

( zero hedge)

8. EMERGING MARKETS

none today

9.   PHYSICAL MARKETS

i)Strange!! the Bundesbank is hiding it’s supposed audits of Germany’s gold reserves.  It will not release the bar codes.  I guess the simple reason is that the bars being retrieved from the west are new bars, having been refined by Swiss refiners which gave it new bar codes

( BullionStar/Ronan Manly)

ii)Chris Powell explains his interview of Russian TV

( Chris Powell/GATA/)

iii)As I pointed out to you yesterday, the EU is trying to confiscate gold whenever they can

( Reuters/GATA)

iv)The following commentary from Grant Williams of Hmmm fame, is a must read for everyone.  Basically he states that the world is changing and that oil is in reality being priced in gold

( Grant Williams)

v)Bill Holter with a great commentary to end the year:

( Bill Holter/Holter Sinclair collaboration)

vi)Frank Holmes on the gold and silver price manipulation case

( Market Watch/Kitco)

10.USA STORIES

i)Trading this morning: just before markets open!

(zero hedge)

ii)As the markets opened it was clear that 20,000 Dow was not in the cards:

did the POBC intervene this morning in Bitcoin, in the yuan value?

( zerohedge)

iii)This is what we should see with respect to home sales due to rising mortgage rates: pending home sales tumble!

( zero hedge)

iv)It sure looks like the aircraft industry is taking it on the chin:  Delta scraps a 4 billion order for 18 Boeing 787

( zero hedge)

v)Hillary’s email scandal is not over yet:

( zero hedge)

vi)As we have pointed out to you, losses on the banks must be huge due to the rise in interest rates.  In the past 3 months a gain of 34 billion dollars as turned into a loss of 14 billion or a swing of 48 billion dollars.  On a 4 week basis, the change is 37 billion dollars.  If this continues it will be a bloodbath for the banks on the Fed’s program of rate hikes:

( zero hedge)

Let us head over to the comex:

The total gold comex open interest FELL BY 5,822 CONTRACTS down to an OI level of 401,513 DESPITE THE FACT THAT THE  PRICE OF GOLD  ROSE $5.40 with YESTERDAY’S trading. We are now in the contract month of December and it is the biggest of the year. Here the front month of December showed a DECREASE of 67 contracts DOWN to 496.We had 1 notice(s) served upon yesterday so we LOST 66 contracts 6600 oz will not stand for delivery and no doubt were bought out for cash plus a fiat bonus.

For the next delivery month of January we had a loss of 407 contracts down to 1630. For the next big active delivery month of February we had a LOSS of 7,430 contracts down to 270,797.

 

We had 38 notice(s) filed upon today for 3800 oz

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And now for the wild silver comex results.  Total silver OI ROSE by 1144 contracts FROM 161,953 UP TO 163,097 DESPITE THE FACT THAT the price of silver ROSE BY $0.23 with YESTERDAY’S trading. We are moving  further from the all time record high for silver open interest set on Wednesday August 3/2016:  (224,540). We are now in the next major delivery month of December and here it FELL BY 3 contracts DOWN to 215 CONTRACTS . We had 7 notices served upon yesterday so we GAINED 4 SILVER CONTRACTS OR AN ADDITIONAL 20,000 OZ THAT WILL STAND FOR DELIVERY IN THIS ACTIVE MONTH OF DECEMBER.

The next non active delivery month is January and here the OI FELL by 6 contracts DOWN to 963.

The next big active delivery month is March and here the OI ROSE by 818 contracts UP to 132,690 contracts.

We had 19 notices filed for 95,000 oz for the December contract.

Eventually at the end of December 2015: 6.4512 tonnes of gold stood for delivery

Eventually at the end of December 2015: 18.84 million oz of silver stood for delivery

VOLUMES: for the gold comex

Today the estimated volume was 97,093  contracts which is awful.

Yesterday’s confirmed volume was 114,578 contracts  which is awful

Initial standings for DECEMBER
 Dec 28.
Gold Ounces
Withdrawals from Dealers Inventory in oz   nil
Withdrawals from Customer Inventory in oz  
 22,040.29 oz
Scotia
Brinks
Deposits to the Dealer Inventory in oz 3,699.97 ozBrinks
Deposits to the Customer Inventory, in oz 
  1257.341 oz
Delaware
No of oz served (contracts) today
 
38 notice(s)
3800 oz
No of oz to be served (notices)
458 contracts
45,800 oz
Total monthly oz gold served (contracts) so far this month
9165 notices
916,500 oz
28.506 tonnes
Total accumulative withdrawals  of gold from the Dealers inventory this month   nil oz
Total accumulative withdrawal of gold from the Customer inventory this month     4,471,259.5 oz
Today we HAD 1 kilobar transactions/
Today we had 1 deposit(s) into the dealer:
 i) Into Brinks:  3,699.97 oz
total dealer deposits:  3699.97  oz
We had nil dealer withdrawals:
total dealer withdrawals:  nil oz
we had 1 customer deposit(s):
 i)Into Delaware;  1259.34 oz
total customer deposits; 1,259.341 oz
We had 2 customer withdrawal(s)
i) out of Scotia: 1,093.32 oz
ii) Out of Brinks: 20,946.97 oz
total customer withdrawal: 22,040.29 oz
We had 1  adjustment(s)
i) Out of International Services of Delaware:  96.45 oz (3 kilobars) was transferred from the customer account into the dealer account of International Delaware
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For December:

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 38 contract(s)  of which 4 notices were stopped (received) by jPMorgan dealer and 0 notice(s) was (were) stopped/ Received) by jPMorgan customer account.

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To calculate the initial total number of gold ounces standing for the DECEMBER. contract month, we take the total number of notices filed so far for the month (9165) x 100 oz or 916,500 oz, to which we add the difference between the open interest for the front month of DEC (496 contracts) minus the number of notices served upon today (38) x 100 oz per contract equals 962,300 oz, the number of ounces standing in this non  active month of DECEMBER.
 
Thus the INITIAL standings for gold for the DEC contract month:
No of notices served so far (9165) x 100 oz  or ounces + {OI for the front month (496) minus the number of  notices served upon today (38) x 100 oz which equals 962,900 oz standing in this non active delivery month of DEC  (29.931 tonnes)
WE LOST 66  CONTRACTS OR AN ADDITIONAL 6600 OZ OF GOLD WILL NOT STAND FOR DELIVERY.
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I have now gone over all of the final deliveries for this year and it is startling.
First of all:  in 2015 for the 12 months: 51 tonnes delivered upon for an average of 4.25 tonnes per month.
Here are the final deliveries for 2016:
Jan 2016:  .5349 tonnes  (Jan is a non delivery month)
Feb 2015:  7.9876 tonnes (Feb is a delivery month/deliveries this month very low)
March 2015: 2.311 tonnes (March is a non delivery month)
April:  12.3917 tonnes (April is a delivery month/levels on the low side
And then something happens and from May forward deliveries boom!
May; 6.889 tonnes (May is a non delivery month)
June; 48.552 tonnes ( June is a very big delivery month and in the end deliveries were huge)
July: 21.452 tonnes (July is a non delivery month and generally a poor one/not this time!)
August: 44.358 tonnes (August is a good delivery month and it came to fruition)
Sept:  8.4167 tonnes (Sept is a non delivery month)
Oct; 30.407 tonnes complete.
Nov.    8.3950 tonnes.
DEC.   29.931 tonnes
total for the 12 months;  222.498 tonnes
average 18.540 tonnes per month vs last yr 51 tonnes total for 12 months or 4.25 tonnes average per month. From May 2016 until Dec 2016 we have had: 198.297 tonnes per the 8 months or 24.787 tonnes per month (which includes the non delivery months of May, June and Sept).  In essence the demand for gold is skyrocketing.
Something big is going on inside the gold comex.
Just take a look at Nov 2016 deliveries at 8.3950 tonnes compared to last yr 0.6656 tonnes
December so far:  30.136 tonnes are standing vs last year’s  24 tonnes on first day notice and 6.45 tonnes on the completion of it’s delivery month.
Total dealer inventor 1,643,369.419 or 51.11 tonnes DEALER RAPIDLY LOSING GOLD
Total gold inventory (dealer and customer) = 9,039,323.447 or 281.16 tonnes 
 
Several months ago the comex had 303 tonnes of total gold. Today the total inventory rests at 281.16 tonnes for a  loss of 22  tonnes over that period.  Since August 8/2016 we have lost 73 tonnes leaving the comex. However I am including kilobar transactions and they are very suspect at best
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 4 1/2 MONTHS  73 NET TONNES HAS LEFT THE COMEX.
end
And now for silver
AND NOW THE DECEMBER DELIVERY MONTH
DECEMBER INITIAL standings
 Dec 28. 2016
Silver Ounces
Withdrawals from Dealers Inventory  nil
Withdrawals from Customer Inventory
 53,091.200 0z
Brinks
Deposits to the Dealer Inventory
  nil OZ
Deposits to the Customer Inventory 
nil oz
No of oz served today (contracts)
19 CONTRACT(S)
(95,000 OZ)
No of oz to be served (notices)
196 contracts
(980,000  oz)
Total monthly oz silver served (contracts) 3806 contracts (19,030,000 oz)
Total accumulative withdrawal of silver from the Dealers inventory this month  NIL oz
Total accumulative withdrawal  of silver from the Customer inventory this month  3,689,995.4 oz
 END
today, we had 0 deposit(s) into the dealer account:
total dealer deposit: nil oz
we had nil dealer withdrawals:
total dealer withdrawals: nil oz
we had 1 customer withdrawal(s):
i) Out of Brinks:  53,091.200 oz
TOTAL CUSTOMER WITHDRAWALS: 53,091.200 oz
 we had 0 customer deposit(s):
total customer deposits;  nil  oz
 
 
 we had 2 adjustment(s)
i) Out of CNT: 35,393.470 oz was adjusted out of the customer and this landed into the dealer account of CNT
ii) Out of HSBC: 20,376.180 oz was adjusted out of the customer account and this landed into the dealer account of HSBC
The total number of notices filed today for the DEC. contract month is represented by 19 contracts for 95,000 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  3806 x 5,000 oz  = 19,030,000 oz to which we add the difference between the open interest for the front month of DEC (215) and the number of notices served upon today (19) x 5000 oz equals the number of ounces standing 
 
Thus the initial standings for silver for the DEC contract month:  3806(notices served so far)x 5000 oz +(215) OI for front month of DEC. ) -number of notices served upon today (19)x 5000 oz  equals  20,010,000 oz  of silver standing for the DEC contract month.
we gained 4 contracts or an additional 20,000 oz will stand for delivery in this active delivery month of December.
Volumes: for silver comex
Today the estimated volume was 32,634 which is fair
YESTERDAY’S  confirmed volume was 32,615 contracts  which is poor.
 
Total dealer silver:  36.208 million (close to record low inventory  
Total number of dealer and customer silver:   183.525 million oz
The total open interest on silver is NOW moving away from  its all time high with the record of 224,540 being set AUGUST 3.2016.

end

 

And now the Gold inventory at the GLD
Dec 28/no change in gold tonnage at the GLD/inventory rests at 823.36 tonnes
Dec 27/a withdrawal of 1.18 tonnes from the GLD/Inventory rests at 823.36 tonnes
Dec 23/NO CHANGES IN GOLD INVENTORY AT THE GLD/RESTS TONIGHT AT 824.54 TONNES
Dec 22/no change in inventory at the GLD/Inventory rests at 824.54 tonnes
DEC 21/another massive 3.56 tonnes leaves the GLD/Inventory rests at 824.54 tonnes
Dec 20/no changes in gold inventory at the GLD/Inventory rests at 828.10 tonnes
Dec 19/A MASSIVE WITHDRAWAL OF 14.23 TONNES OF GOLD FROM THE GLD (WITH GOLD UP THESE PAST TWO TRADING SESSIONS)/INVENTORY RESTS TONIGHT AT 828.10 TONNES
Dec 16/no changes at the GLD/Inventory rests at 842.33 tonnes
Dec 15/ANOTHER HUGE WITHDRAWAL OF 7.11 TONNES OF GOLD/INVENTORY RESTS AT 842.33 TONNES
DEC 14/another huge withdrawal of 6.82 tonnes from the GLD/Inventory rests at 849.44 tonnes/
DEC 13/no changes in gold inventory at the GLD/Inventory rests at 856.26 tonnes
Dec 12/a withdrawal of 1.19 tonnes of gold from the GLD/Inventory rests at 856.26 tonnes
Dec 9/another huge withdrawal of 3.26 tonnes of gold leaves the GLD vaults on its way to Shanghai/Inventory rests this weekend at 857.45 tonnes
Dec 8/ANOTHER HUGE WITHDRAWAL OF 2.96 TONNES OF GOLD FROM THE GLD/INVENTORY RESTS AT 860.71 TONNES (THIS GOLD IS HEADING TO SHANGHAI)
DEC 7/ a huge change in gold inventory/a withdrawal of 6.23 tonnesas this gold is heading towards Shanghai/inventory rests at 863.67 tonnes
Dec 6/no changes in gold inventory/inventory rests at 869.92 tonnes.
Dec 5./ a tiny withdrawal of .32 tonnes and this is probably to pay for fees/inventory rests tonight at 869.92 tonnes
Dec 2/a huge withdrawal of 13.64 tonnes of gold leaving the GLD vaults/no doubt this is heading to Shanghai taking advantage of the huge premium/inventory rests tonight at 870.22 tonnes
Dec 1/no change in gold inventory at the GLD/Inventory rests at 883.86 tonnes
NOV 30/A SMALL WITHDRAWAL OF 1.18 TONNES FROM THE GLD/INVENTORY RESTS AT 883.86 TONNES/MAYBE THEY ARE AT THE BOTTOM OF THE BARREL FOR PHYSICAL GOLD TO TRANSFER TO THE BANKERS.
Nov 29/no changes in gold inventory at the GLD/inventory rests at 885.04 tonnes
Nov 28/no change in gold inventory at the GLD/Inventory rests at 885.04 tonnes
Nov 25 We had a massive 19.87 tonnes of gold leave the GLD/this would be a paper loss not real gold (they only have paper gold in their inventory/total inventory: 885.04 tonnes
Nov 23/a huge withdrawal of paper gold from the GLD equal to 4.66 tonnes/inventory rests at 904.91 tonnes
NOV 22/no changes at the GLD/Inventory rests at 908.76 tonnes
Nov 21/A MASSIVE 11.87 TONNES OF PAPER GOLD WERE SUPPLIED BY THE CROOKS TO SUPPRESS THE PRICE OF GOLD/INVENTORY RESTS AT 908.76 TONNES/ AND GOLD RISES???
Nov 18/no changes at the GLD/Inventory rests at 920.63 tonnes
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Dec 28/ Inventory rests tonight at 823.36 tonnes
*IN LAST 59 TRADING DAYS: 126.45 TONNES REMOVED FROM THE GLD
*LAST 5 TRADING DAYS: 1.18 TONNES HAVE LEFT

end

Now the SLV Inventory
Dec 28/no changes in silver inventory at the SLV/Inventory at 341.348 million oz/
Dec 27/a big deposit of 1.138 million oz/Inventory rests at 341.348 million oz
Dec 23/NO CHANGES IN SILVER INVENTORY AT THE SLV/INVENTORY RESTS AT 340.210 MILLION OZ/
Dec 22/WE HAD A SMALL DEPOSIT OF 948,000 OZ INTO THE SLV/INVENTORY RESTS AT 340.210 MILLION OZ/
DEC 21/no change in silver inventory at the SLV/Inventory rests at 339.262 million oz
Dec 20/a small withdrawal of 758,000 oz/inventory rests at 339.262 tonnes
Dec 19A HUGE DEPOSIT OF 1.327 MILLION OZ INTO THE SLV/INVENTORY RESTS AT 340.020 MILLION OZ
Dec 16/A HUGE WITHDRAWAL OF 2.37 MILLION OZ FROM THE SLV/INVENTORY RESTS AT 338.693 MILLION OZ/
Dec 15/NO CHANGES IN SILVER INVENTORY AT THE SLV/INVENTORY RESTS AT 341.063 MILLION OZ/
Dec 14.no change in inventory at the SLV/Inventory rests at 341.063 million oz/
DEC 13/ a huge withdrawal of 1.802 million oz from the SLV/Inventory rests at 341.063 million oz
Dec 12/no change in silver inventory/inventory rests at 342.865 million oz/
Dec 9/no change in silver inventory/inventory rests at 342.865 million oz/
Dec 8/a huge withdrawal of 3.09 million oz from the SLV/Inventory rests at 342.865 million oz
DEC7/no changes in silver inventory at the SLV/Inventory rests at 345.995 million oz/
Dec 6/no changes in silver inventory at the SLV/inventory rests at 345.995 million oz
Dec 5/no changes in silver inventory at the SLV/inventory rests at 345.995 million oz/
Dec 2 a tiny withdrawal of 155,000 oz and this is probably to pay for fees/inventory rests at 345.995 million oz/
Dec 1/no changes in silver inventory at the SLV/inventory rests at 346.150 million oz/
NOV 30/NO CHANGES IN SILVER INVENTORY AT THE SLV/INVENTORY RESTS AT 346.150 MILLION OZ
Nov 29/no changes in silver inventory /inventory rests tonight at 346.150 million oz/
Nov 28/no change in silver inventory/inventory rests tonight at 346.150 million oz/
Nov 25/we had another withdrawal of 949,000 oz from the SLV/Inventory rests at 346.150 million oz
Nov 23/A HUGE WITHDRAWAL OF 3.083 MILLION OZ FROM THE SLV/INVENTORY RESTS AT 347.099 MILLION OZ
NOV 22/NO CHANGE IN SILVER INVENTORY AT THE SLV/INVENTORY RESTS AT 350.182 MILLION OZ
Nov 21/a MASSIVE 6.071 MILLION OZ OF SILVER WITHDRAWN FROM THE SLV VAULTS/INVENTORY RESTS AT 350.182 MILLION OZ/AND SILVER HOLDS IN PRICE???
Nov 18/no changes in silver inventory at the SLV/Inventory rests at 356.253 million oz
.
Dec 28.2016: Inventory 341.348  million oz
 end

NPV for Sprott and Central Fund of Canada

1. Central Fund of Canada: traded at Negative 7.2 percent to NAV usa funds and Negative 7.3% to NAV for Cdn funds!!!! 
Percentage of fund in gold 61.1%
Percentage of fund in silver:38.6%
cash .+0.3%( Dec 28/2016
.
2. Sprott silver fund (PSLV): Premium FALLS to -.21%!!!! NAV (Dec 28/2016
3. Sprott gold fund (PHYS): premium to NAV FALLS TO – 0.81% to NAV  ( Dec 28/2016)
Note: Sprott silver trust back  into NEGATIVE territory at -0.21% /Sprott physical gold trust is back into NEGATIVE territory at -0.81%/Central fund of Canada’s is still in jail.