Harvey Organ: COMEX Silver Has 1005% More Open Interest Than Commodities Law Suggests Is Allowed

Harvey says the crooks are supplying massive paper trying to keep the price of silver in check. Here’s just how bad it has become…

by Harvey Organ of Harvey Organ Blog

DEC 18/TAX REFORM LIKELY TO PASS/THE CROOKS RAID THE GLD COOKIE JAR WITH A HUGE 7.09 TONNE WITHDRAWAL/GOLD RISES BY $7.85 AND SILVER RISES BY 10 CENTS/ BITCOIN RISES $961 DOLLARS UP TO $18,608. BID/AT THE COMEX: BANKERS ISSUE 13632 CONTRACTS FOR GOLD AND SILVER: 1699 CONTRACTS/MORE SWAMP NEWS FROM THE USA/

GOLD: $1262.60 up $7.85

Silver: $16.14 UP 10 cents

Closing access prices:

Gold $1263.00

silver: $16.14

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: $1266.13 DOLLARS PER OZ

NY PRICE OF GOLD AT EXACT SAME TIME: $1255.08

PREMIUM FIRST FIX: $11.07

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SECOND SHANGHAI GOLD FIX: $1268.96

NY GOLD PRICE AT THE EXACT SAME TIME: $1256.00

Premium of Shanghai 2nd fix/NY:$12.96

SHANGHAI REJECTS NY /LONDON PRICING OF GOLD

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LONDON FIRST GOLD FIX: 5:30 am est $1258.65

NY PRICING AT THE EXACT SAME TIME: $1258.15

LONDON SECOND GOLD FIX 10 AM: $1260.60

NY PRICING AT THE EXACT SAME TIME. 1261.20

For comex gold:

DECEMBER/

 NUMBER OF NOTICES FILED TODAY FOR DECEMBER CONTRACT:  4 NOTICE(S) FOR 400 OZ.

TOTAL NOTICES SO FAR: 7094 FOR 709,400 OZ (22.065 TONNES),

For silver:

DECEMBER

103 NOTICE(S) FILED TODAY FOR

505,000 OZ/

Total number of notices filed so far this month: 5930 for 29,650,000 oz

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Bitcoin: BID $18,946/OFFER $19,068 UP $1322 (morning)

BITCOIN : BID $18,608 :  OFFER 18,707  UP $961 (CLOSING)

end

Let us have a look at the data for today

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In silver, the total open interest SURPRISINGLY FELL BY A TINY SIZED 571 contracts from 208,354 FALLING TO 207,945 DESPITE FRIDAY’S 12 CENT RISE IN SILVER PRICING.  WE HAD NO APPRECIABLE COMEX LIQUIDATION BUT ON TOP OF THIS, WE WERE AGAIN NOTIFIED THAT WE HAD ANOTHER GOOD SIZED NUMBER OF COMEX LONGS TRANSFERRING THEIR CONTRACTS TO LONDON THROUGH THE EFP ROUTE: A RESPECTABLE  1699 EFP’S FOR MARCH (AND ZERO FOR DEC AND OTHER MONTHS) AND THUS TOTAL ISSUANCE OF 1699 CONTRACTS. HOWEVER THE MOVEMENT ACROSS TO LONDON IS NOT AS SEVERE AS IN GOLD AS THERE SEEMS TO BE A MAJOR PLAYER TAKING ON THE BANKS AT THE COMEX.  STILL, WITH THE TRANSFER OF 1699 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. FRIDAY WITNESSED 3376 EFP’S FOR SILVER ISSUED. 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 DECEMBER:

36,412 CONTRACTS (FOR 12 TRADING DAYS TOTAL 36,412 CONTRACTS OR 182.06 MILLION OZ: AVERAGE PER DAY: 3,034 CONTRACTS OR 15.172 MILLION OZ/DAY)

RESULT: A TINY SIZED FALL IN OI COMEX DESPITE THE 12 CENT RISE IN SILVER PRICE.  HOWEVER  WE HAD MINIMAL COMEX SILVER LIQUIDATION BUT WE DID HAVE A FAIR SIZED SIZED EFP ISSUANCE OF 1699 CONTRACTS  WHICH EXITED OUT OF THE SILVER COMEX AND TRANSFERRED THEIR OI TO LONDON AS FORWARDS:  FROM THE CME DATA 1699 EFP’S  WERE ISSUED TODAY (FOR MARCH EFP’S)  FOR A DELIVERABLE CONTRACT OVER IN LONDON WITH A FIAT BONUS. IN ESSENCE THE  DEMAND FOR SILVER PHYSICAL INTENSIFIES GREATLY. WE REALLY GAINED 1128 OI CONTRACTS i.e. 1699 open interest contracts headed for London (EFP’s) TOGETHER WITH A DECREASE OF 571 OI COMEX CONTRACTS. AND ALL OF THIS INCREASE DEMAND  HAPPENED WITH THE RISE IN PRICE OF SILVER BY 12 CENTS AND A  CLOSING PRICE OF $16.04 WITH RESPECT TO FRIDAY’S TRADING. YET WE STILL HAVE A MASSIVE 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. 1.040 BILLION TO BE EXACT or 149% of annual global silver production (ex Russia & ex China).

FOR THE NEW FRONT DECEMBER MONTH/ THEY FILED: 103 NOTICE(S) FOR 505,000 OZ OF SILVER

In gold, the open interest ROSE BY A CONSIDERABLE 4394 CONTRACTS UP TO 455,137 DESPITE THE TINY SIZED LOSS  IN PRICE OF GOLD FRIDAY ($0.30).  HOWEVER,  THE TOTAL NUMBER OF GOLD EFP’S ISSUED YESTERDAY FOR TODAY  TOTALED A CONSIDERABLE  13,632 CONTRACTS OF WHICH THE MONTH OF DECEMBER SAW 0 CONTRACTS AND FEB SAW THE ISSUANCE OF 13,632 CONTRACTS. The new OI for the gold complex rests at 455,137. DEMAND FOR GOLD INTENSIFIES GREATLY AS WE WITNESS THE HUMONGOUS NUMBER OF EFP TRANSFERS TOGETHER WITH THE MASSIVE AMOUNT OF GOLD OUNCES STANDING FOR DECEMBER. 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 HUGE GAIN OF 18,026 OI CONTRACTS: 4394 OI CONTRACTS INCREASED AT THE  COMEX  AND A GOOD SIZED  13,632 OI CONTRACTS WHICH NAVIGATED OVER TO LONDON.

FRIDAY, WE HAD 10,561 EFP’S ISSUED.

ACCUMULATION OF EFP’S/ GOLD(EXCHANGE FOR PHYSICAL) FOR THE MONTH OF DECEMBER STARTING WITH FIRST DAY NOTICE:  161,396 CONTRACTS OR 16.396 MILLION OZ OR 509.98 TONNES(12 TRADING DAYS AND THUS AVERAGING: 13,449 EFP CONTRACTS PER TRADING DAY OR 1.3449 MILLION OZ/DAY)

Result: A GOOD SIZED INCREASE IN OI DESPITE THE TINY FALL IN PRICE IN GOLD TRADING  YESTERDAY ($0.30). WE  HAD A GOOD SIZED  NUMBER OF COMEX LONG TRANSFERRING TO LONDON THROUGH THE EFP ROUTE: 13,632. THERE OBVIOUSLY DOES NOT SEEM TO BE MUCH PHYSICAL GOLD AT THE COMEX AND YET WE REACHED THE HUGE DELIVERY 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 13,632 EFP CONTRACTS ISSUED, WE HAD A NET GAIN IN OPEN INTEREST OF 18,026  contracts:

13,632 CONTRACTS MOVE TO LONDON AND A 4394 CONTRACTS INCREASED AT THE  COMEX. (in tonnes, the gain yesterday equates to 56.06 which is unbelievable)

we had:  4  notice(s) filed upon for 400 oz of gold.

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

GLD:

Today,  A SHOCKER:  A HUGE CHANGES in gold inventory at the GLD.  AFTER TWO CONSECUTIVE DAYS OF GOLD RISING, THE CROOKS RAID THE COOKIE JAR WITH A WITHDRAWAL OF 7.09 TONNES

Inventory rests tonight: 837.20 tonnes.

SLV

NO CHANGE IN SILVER INVENTORY AT THE SLV:

INVENTORY RESTS AT 326.337 MILLION OZ/

Let us head over to the comex:

The total gold comex open interest ROSE BY A GOOD SIZED 4394  CONTRACTS UP to an OI level of 455,137 DESPITE THE TINY FALL IN THE PRICE OF GOLD ($0.30 LOSS WITH RESPECT TO FRIDAY’S TRADING).  WE DID NOT HAVE ANY COMEX GOLD  LIQUIDATION BUT WE DID HAVE A HUGE GAIN IN TOTAL OPEN INTEREST AS WE  HAD ANOTHER STRONG COMEX TRANSFER THROUGH THE EFP ROUTE AS THESE LONGS RECEIVED  A DELIVERABLE LONDON FORWARD TOGETHER WITH A FIAT BONUS. THE CME REPORTS THAT 0 EFPS WERE ISSUED FOR DECEMBER  AND 13,632 EFP’S WERE ISSUED FOR FEBRUARY FOR A TOTAL OF 13,632 CONTRACTS. THE OBLIGATION STILL RESTS WITH THE BANKERS ON THESE TRANSFERS.

ON A NET BASIS IN OPEN INTEREST WE GAINED TODAY: 18,026 OI CONTRACTS IN THAT 13,632 LONGS WERE TRANSFERRED AS FORWARDS TO LONDON  AND WE GAINED 4394 COMEX CONTRACTS.  NET GAIN: 18,026 contracts OR 1,802,600 OZ OR 56.06 TONNES

Result: AN GOOD SIZED INCREASE IN COMEX OPEN INTEREST DESPITE THE FALL IN THE PRICE OF GOLD TRADING ON FRIDAY ($0.30.)  WE HAD NO REAL GOLD LIQUIDATION ANYWHERE. TOTAL OPEN INTEREST GAIN ON THE TWO EXCHANGES: 18,026 OI CONTRACTS…

We have now entered the  active contract month of DECEMBER. The open interest for the front month of December saw it’s open interest rose by 210 contracts UP to 2111.  We had 80 notices filed upon yesterday so we gained a whopping 290 COMEX contracts or an additional 29,000 oz will  stand for delivery AT THE COMEX in this active delivery month of December. FOUR DAYS AGO I REPORTED:  “THIS IS THE FIRST TIME THAT WE HAVE EVER SEEN A HUGE AMOUNT IN OZ OF QUEUE JUMPING IN GOLD.” IT CONTINUED ON AGAIN IN EARNEST TODAY AS BANKERS ARE DESPERATE TO GET THEIR HANDS ON PHYSICAL GOLD.

January saw its open interest LOSS OF 206 contracts DOWN to 1546. FEBRUARY saw a GAIN of 2037 contacts up to 333,225.

We had 4 notice(s) filed upon today for 400 oz

PRELIMINARY VOLUME TODAY ESTIMATED;  110,031

FINAL NUMBERS CONFIRMED FOR YESTERDAY:  256,155

comex gold volumes are increasing dramatically

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And now for the wild silver comex results.

Total silver OI FELL BY A TINY 571 CONTRACTS  FROM 208,354 DOWN TO 207,945 DESPITE YESTERDAY’S 12 CENT GAIN IN PRICE .  HOWEVER, WE DID HAVE ANOTHER FAIR SIZED 1699 EMERGENCY EFP’S FOR MARCH ISSUED BY OUR BANKERS (ZERO FOR DECEMBER) TO COMEX LONGS WHO RECEIVED A FIAT BONUS PLUS A DELIVERABLE PRODUCT OVER IN LONDON.THE TOTAL EFP’S ISSUED: 1699.  IT SURE LOOKS LIKE 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. THIS PROCESS HAS JUST BEGUN IN EARNEST IN SILVER STARTING IN SEPTEMBER.  HOWEVER, IN GOLD, WE HAVE BEEN WITNESSING THIS FOR THE PAST 2 YEARS.  WE HAD NO  LONG SILVER LIQUIDATION AS DEMAND FOR PHYSICAL SILVER INTENSIFIES ESPECIALLY AS WE WITNESS A HUGE AMOUNT OF SILVER OUNCES STANDING FOR METAL IN DECEMBER 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 AS IT SEEMS THAT A MAJOR PLAYER WISHES TO TAKE ON THE CROOKED COMEX SHORTS.  ON A NET BASIS WE GAINED 1128 OPEN INTEREST CONTRACTS:

571 CONTRACTS LOSS AT THE COMEX WITH THE ADDITION OF  1699 OI CONTRACTS NAVIGATING OVER TO LONDON.

NET GAIN: 1128 CONTRACTS

We are now in the big active delivery month of December and here the OI ROSE by 213 contracts UP to 796.  We had 29 notice filed on FRIDAY so we GAINED 242 contract or an additional 1,210,000 oz will  stand in this active delivery month of December.

The January contract month ROSE by 10 contracts UP to 1319.  February saw a LOSS OF 1 OI contract FALLING TO 30. The March contract LOST 735 contracts DOWN to 168,096.

We had 103 notice(s) filed  for 505,000 oz for the DECEMBER 2017 contract

INITIAL standings for DECEMBER

 Dec 18/2017.

Today we HAD  1 kilobar trans

WE HAD nil DEALER DEPOSIT:
total dealer deposits: nil oz

We had nil dealer withdrawals:
total dealer withdrawals: nil oz

we had 1 customer deposit(s):

i) Into Scotia: 16,975.200 oz

528 kilobars

total customer deposits 16,975.200  oz

We had 0 customer withdrawal(s)

 

Total customer withdrawals: nil oz

we had 0 adjustment(s)

 

 

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 4 contract(s) of which 3 notices were stopped (received) by j.P. Morgan dealer and 1 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 DECEMBER. contract month, we take the total number of notices filed so far for the month (7094) x 100 oz or 709,400 oz, to which we add the difference between the open interest for the front month of DEC. (2111 contracts) minus the number of notices served upon today (4 x 100 oz per contract) equals 920,100 oz, the number of ounces standing in this  active month of DECEMBER

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

No of notices served (7094) x 100 oz or ounces + {(2111)OI for the front month minus the number of notices served upon today (4) x 100 oz which equals 920,100 oz standing in this active delivery month of DECEMBER (28.618 tonnes). THERE IS  33.4 TONNES OF REGISTERED GOLD AVAILABLE FOR DELIVERY SO FAR.

WE GAINED 290 COMEX CONTRACTS STANDING OR AN ADDITIONAL 29,000 OZ WILL STAND AT THE COMEX  AND QUEUE JUMPING INTENSIFIES IN GOLD.

.

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ON FIRST DAY NOTICE FOR DECEMBER 2016,  THE INITIAL  GOLD STANDING:  39.038 TONNES STANDING

BY THE END OF THE MONTH:  FINAL: 29.791 TONNES STOOD FOR COMEX DELIVERY AS THE REMAINDER HAD TRANSFERRED OVER TO LONDON FORWARDS.

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Total dealer inventory 1,079,954.036 or 33.59 tonnes (dealer gold continues to disappear)
Total gold inventory (dealer and customer) = 9,063,631.253 or 281.91 tonnes

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

IN THE LAST 14 MONTHS 72 NET TONNES HAS LEFT THE COMEX.

end

And now for silver

AND NOW THE DECEMBER DELIVERY MONTH

DECEMBER INITIAL standings

today, we had 0 deposit(s) into the dealer account:

total dealer deposit: nil  oz

we had 0 dealer withdrawals:

total dealer withdrawals: nil oz

we had 3 customer withdrawal(s):

i) Out of Brinks: 144,926.807 oz

ii) Out of HSBC: 320,275.340 oz

iii) Out of Scotia: 555,486.016 oz

TOTAL CUSTOMER WITHDRAWAL  1,028,688.163 oz

We had 2 Customer deposit(s):

i) Into JPMorgan:  601,242.100 oz

ii) Into CNT:  252,718.289 oz

***deposits into JPMorgan have resumed again
In the month of March and February, JPMorgan stopped (received) almost all of the comex silver contracts.
why is JPMorgan bringing in so much silver??? why is this not criminal in that they are also the massive short in silver

total customer deposits: 852,960.389 oz

we had 1 adjustment(s)

i) Out of CNT:

507,546.300 oz was adjusted out of the customer and this lands into the dealer account of CNT

The total number of notices filed today for the DECEMBER. contract month is represented by 103 contract(s) FOR 505,000 oz. To calculate the number of silver ounces that will stand for delivery in DECEMBER., we take the total number of notices filed for the month so far at 5930 x 5,000 oz = 29,650,0000 oz to which we add the difference between the open interest for the front month of DEC. (796) and the number of notices served upon today (103 x 5000 oz) equals the number of ounces standing.

.

Thus the INITIAL standings for silver for the DECEMBER contract month: 5930 (notices served so far)x 5000 oz + OI for front month of DECEMBER(796) -number of notices served upon today (103)x 5000 oz equals 33,115,000 oz of silver standing for the DECEMBER contract month. This is EXCELLENT for this active delivery month of November.

WE GAINED AN ADDITIONAL 242 CONTRACTS OR 1,210,000 OZ THAT WILL STAND AT THE COMEX AS QUEUE JUMPING INTENSIFIES WITH RESPECT TO SILVER.  BOTH GOLD AND SILVER ARE NOW EXPERIENCING QUEUE JUMPING.

ON FIRST DAY NOTICE FOR THE DECEMBER 2016 CONTRACT WE HAD 15.282 MILLION OZ STAND.

THE FINAL STANDING: 19.900 MILLION OZ AS QUEUE JUMPING INTENSIFIED.

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ESTIMATED VOLUME FOR TODAY: 23,141

CONFIRMED VOLUME FOR FRIDAY:   61,919 CONTRACTS

YESTERDAY’S CONFIRMED VOLUME OF 61,919 CONTRACTS EQUATES TO 309 MILLION OZ OR 44.2% 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.

Total dealer silver: 57.344 million
Total number of dealer and customer silver: 239.158 million oz

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 and Central Fund of Canada

1. Central Fund of Canada: traded at Negative 1.8 percent to NAV usa funds and Negative 1.7% to NAV for Cdn funds!!!!
Percentage of fund in gold 63.2%
Percentage of fund in silver:36.5%
cash .+.3%( Dec 18/2017)

 

2. Sprott silver fund (PSLV): NAV FALLS TO -1.21% (Dec 18 /2017)
3. Sprott gold fund (PHYS): premium to NAV FALLS TO -0.88% to NAV (Dec18/2017 )
Note: Sprott silver trust back into NEGATIVE territory at -1.21%-/Sprott physical gold trust is back into NEGATIVE/ territory at -0.88%/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)

END

And now the Gold inventory at the GLD

Dec 18 SHOCKINGLY AFTER TWO GOOD GOLD TRADING DAYS, THE CROOKS RAID THE COOKIE JAR BY THE SUM OF 7.09 TONNES/INVENTORY RESTS AT 837.20 TONNES

Dec 15/NO CHANGES IN GOLD INVENTORY/RESTS AT 844.29 TONNES.

Dec 14/a good sized gain of 1.48 tonnes of gold into the GLD/inventory rests at 844.29 tones

Dec 13/no changes in gold inventory at the GLD/inventory rests at 842.81 tonnes

Dec 12/SURPRISINGLY NO CHANGES IN GOLD INVENTORY AT THE GLD/INVENTORY RESTS AT 842.81 TONNES

Dec 11/SURPRISINGLY NO CHANGES IN GOLD INVENTORY AT THE GLD DESPITE THE CONSTANT RAIDS ON GOLD/INVENTORY RESTS AT 842.81 TONNES

Dec 8/NO CHANGES IN GOLD INVENTORY AT THE GLD/INVENTORY RESTS AT 842.81 TONNES

Dec 7/A BIG WITHDRAWAL OF 2.66 TONNES FROM THE GLD/INVENTORY RESTS AT 842.81 TONNES

Dec 6/No changes in GOLD inventory at the GLD/Inventory rests at 845.47 tonnes

Dec 5/A WITHDRAWAL OF 2.64 TONNES FROM THE GLD/INVENTORY RESTS AT 845.47 TONNES

Dec 4/A MASSIVE DEPOSIT OF 8.56 TONNES OF GOLD INTO THE GLD/THE BLEEDING OF GLD GOLD HAS STOPPED/INVENTORY RESTS TONIGHT AT 848.11 TONNES

Dec 1/NO CHANGE IN GOLD INVENTORY AT THE GLD/INVENTORY RESTS AT 839.55 TONNES

Nov 30/no change in gold inventory at the GLD. Inventory rests at 839.55 tonnes

Nov 29/a withdrawal of 2.66 tonnes at the GLD/Inventory rests at 839.55 tonnes

NOV 28/ no change in gold inventory at the GLD/inventory rests at 842.21 tonnes

Nov 27 Strange!! we gold up by $6.40 today, we had a good sized withdrawal of 1.18 tonnes from the GLD. Here is something that is also strange: we have had exactly 1.18 tonnes of gold withdrawn from the comex on 5 separate occasions in the past 30 days..explanation?

Nov 24/no change in gold inventory at the GLD/Inventory rests at 843.09 tonnes

Nov 22/no change in gold inventory at the GLD/Inventory rests at 843.39 tonnes

Nov 21/no change in gold inventory at the GLD/inventory rests at 843.39 tonnes

NOV 20/no change in gold inventory at the GLD/Inventory rests at 843.39 tonnes

Nov 17/no change in gold inventory at the GLD/inventory rests at 843.39 tonnes

Nov 16./NO CHANGE IN GOLD INVENTORY AT THE GLD/INVENTORY RESTS AT 843.39 TONNES

 

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Dec 18/2017/ Inventory rests tonight at 837.20 tonnes

*IN LAST 293 TRADING DAYS: 103.75 NET TONNES HAVE BEEN REMOVED FROM THE GLD
*LAST 228 TRADING DAYS: A NET 53.53 TONNES HAVE NOW BEEN ADDED INTO GLD INVENTORY.
*FROM FEB 1/2017: A NET 22.42 TONNES HAVE BEEN ADDED.

end

Now the SLV Inventory

Dec 18.2017/EVEN THOUGH GOLD WAS RAIDED FOR 7.09 TONNES/SILVER INVENTORY CONTINUES TO REMAIN PAT.

INVENTORY RESTS AT 326.337 TONNES

Dec 15/NO CHANGE IN SILVER INVENTORY AT THE SLV/INVENTORY RESTS AT 326.337 MILLION OZ/

Dec 14/a small withdrawal of 377,000 oz and that usually means to pay for fees./inventory rests at 326.337 million oz/

Dec 13/no change in silver inventory at the SLV/Inventory rests at 326.714 million oz/

Dec 12/WOW!ANOTHER STRANGE ONE: SILVER HAS BEEN DOWN FOR 10 CONSECUTIVE DAYS, YET THE SLV ADDS ANOTHER 1.415 MILLION OZ TO ITS INVENTORY. IN THAT 10 DAY PERIOD, SLV ADDS 9.584 MILLION OZ/

INVENTORY RESTS AT 326.714 MILLION OZ

Dec 11/WOW!! ANOTHER STRANGE ONE: SILVER DESPITE BEING DOWN FOR 9 CONSECUTIVE TRADING DAYS ADDS ANOTHER 944,000 OZ TO ITS INVENTORY. FROM NOV 30 UNTIL TODAY SILVER HAS BEEN DOWN EVERY DAY. HOWEVER THE INVENTORY OF SILVER HAS RISEN 8.169 MILLION OZ.

Dec 8/A HUGE DEPOSIT OF 2.642 MILLION OZ/INVENTORY RESTS AT 324.355 MILLION OZ/

Dec 7/strange!! with the continual whacking of silver, no change in silver inventory at the SLV/Inventory rests at 321.713

Dec 6/no change in silver inventory at the SLV/Inventory remains at 21.713 million oz.

Dec 5/THIS ONE HIT ME LIKE A TON OF BRICKS: SLV ADDS 2.507 MILLION OZ DESPITE THE HUGE DRUBBING SILVER TOOK TODAY. (PRICE DISCOVERY?)

Dec 4/NO CHANGE IN SILVER INVENTORY AT THE SLV

INVENTORY RESTS AT 319.207 MILLION OZ/

Dec 1/VERY STRANGE!! WITH SILVER IN THE DUMPSTER THESE PAST FEW DAYS, SLV ADDS 2.076MILLION OZ/???

INVENTORY 319.207 MILLION OZ/

Nov 30/no changes in silver inventory despite the huge drop in price/inventory rests at 317.130 million oz

Nov 29/no changes in silver inventory at the SLV/Inventory rests at 317.130 million oz/strange!! at drop of 32 cents and no change in inventory?

Nov 28/no change in silver inventory at the SLV/Inventory rests at 317.130 million oz.

Nov 27/NO CHANGE IN SILVER INVENTORY DESPITE A ZERO GAIN IN PRICE /QUITE OPPOSITE TO GOLD WHICH SAW 1.18 TONNES OF GOLD WITHDRAWN DESPITE A RISE IN PRICE OF $6.40

Nov 24/A WITHDRAWAL OF 944,000 OZ OF SILVER FROM THE SLV//INVENTORY RESTS AT 317.130 MILLION OZ

Nov 22/no change in silver inventory at the SLV/Inventory rests at 318.074 million oz.

Nov 21/no change in silver inventory at the SLV/inventory rests at 318.074 million oz/

NOV 20/no change in silver inventory at the SLV/inventory rests at 318.074 million oz

Nov 17/no change in silver inventory at the SLV/inventory rests at 318.074 million oz/

Nov 16./NO CHANGE IN SILVER INVENTORY AT THE SLV/INVENTORY RESTS AT 318.074 MILLION OZ/

Nov 15./no change in silver inventory at the SLV/inventory rests at 318.074 tones

NOV 14/no change in silver inventory at the SLV/Inventory rests at 318.074 tonnes

 

 

 

 

Dec 18/2017:

Inventory 326.337 million oz

end

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

+ 1.69%
12 Month MM GOFO
+ 1.89%
30 day trend

end