I’m Running Out of Popcorn – Harvey Organ

sterling silverThe Clinton Collase just keeps getting better – I am running out of popcorn…

 

MAJOR DEVELOPMENTS IN THE CLINTON EMAIL AND FOUNDATION SCANDAL: SCHISM BETWEEN THE DEPT OF JUSTICE AND THE FBI/FINALLY A WARRANT IS ISSUED/ /650,000 EMAILS ARE ON ABEDIN/WEINER’S COMPUTER: BEST FRIEND OF PODESTA HEADS UP THE DEPT OF JUSTICE TEAM IN AN OBVIOUS CONFLICT

 

Gold $1271.50 DOWN  $1.00

Silver 17.76 UP 8 cents

In the access market 5:15 pm

 

Gold: 1278.00

Silver: 17.92

THE DAILY GOLD FIX REPORT FROM SHANGHAI AND LONDON

1 oz Silver Rounds

The Shanghai fix is at 10:15 pm est and 2:15 am est

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:

Shanghai morning fix OCT 28 (10:15 pm est last night): $  1280.84

NY ACCESS PRICE: $1277.00 (AT THE EXACT SAME TIME)

Shanghai afternoon fix:  2: 15 am est (second fix/early  morning):$   1282.09

NY ACCESS PRICE: 1277.90 (AT THE EXACT SAME TIME)

HUGE SPREAD TODAY!!  4 dollars

XXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXX

London Fix: OCT 31: 5:30 am est:  $1274.20   (NY: same time:  $1272.90:    5:30AM)

London Second fix OCT 31: 10 am est:  $1272.50  (NY same time: $1274.75 ,    10 AM)

Shanghai premium in silver over NY:  80 cents.

 

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: 

First, for the conclusion of the October contract month: 341 notices for 34100 oz

The total number of notices filed for the month:  977,600 oz for 30.407 tonnes

Second,  FIRST DAY NOTICES FILINGS FOR NOVEMBER CONTRACT MONTH:  875 NOTICES FOR 87,500 OZ  (2.72 16 TONNES)

 

For silver:

for the Oct contract month:  39 notices for 195,000 oz.

THE TOTAL NUMBER OF NOTICES FILED FOR THE ENTIRE OCT. MONTH: 555 NOTICES FOR 2,775,000 OZ

FOR FIRST DAY NOTICE NOVEMBER CONTRACT MONTH FOR SILVER: 338 NOTICES OR 1,690,000 OZ

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Let us have a look at the data for today

.

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In silver, the total open interest ROSE by 318 contracts UP to 193,975. The open interest ROSE AS the silver price was UP 8 cents in yesterday’s trading .In ounces, the OI is still represented by just less THAN 1 BILLION oz i.e. .970 BILLION TO BE EXACT or 139% of annual global silver production (ex Russia &ex China).

In silver for October we finished with 39 notices served upon for 195,000 oz.  Thus the final standings for silver in October is 555 notices served upon for 2,775,000 oz. An excellent showing for silver in a non delivery month.

In November, in silver, on first day notice filings:  875 notices were served upon for 1,690,000 oz

I

In gold, the total comex gold ROSE by 2,919 contracts WITH THE RISE in price of gold ($4.30 ON FRIDAY) . The total gold OI stands at 510,070 contracts.

In gold for October we had 341 notices served upon for 341,000 oz.  This should finalize gold as the total number of notices filed for the month totals 9,776 for 977,600 oz or 30.407 tonnes.

In gold for November: we had on first day notice filings:  875 notices served upon for 87500 oz

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

GLD

TODAY WE HAD NO CHANGES AT THE GLD OUT OF THE GLD

Total gold inventory rests tonight at: 942.59 tonnes of gold

SLV

we had NO CHANGES at the SLV/

THE SLV Inventory rests at: 360.673 million oz

.

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

1. Today, we had the open interest in silver ROSE by 318 contracts up to 193,975 as the price of silver rose by 8 cents with Friday’s trading.The gold open interest ROSE by 2,919 contracts UP to 510,070 as the price of gold ROSE $4.30 IN FRIDAY’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

3c FRBNY gold movement report

(Harvey)

 Buy 2017 Gold Pandas and Buy 2017 Silver Panda Coins On Pre-Sale Now!
Secure Your 2017 Panda Coins Today at SD Bullion!

3. ASIAN AFFAIRS

i)Late  SUNDAY night/MONDAY morning: Shanghai closed DOWN 3.78 POINTS OR 0.12%/ /Hang Sang closed DOWN 20.27  OR 0.09%. The Nikkei closed DOWN 21.39 POINTS OR 0.09% Australia’s all ordinaires  CLOSED UP 0.59% /Chinese yuan (ONSHORE) closed UP at 6.7728/Oil FELL to 48.43 dollars per barrel for WTI and 50.42 for Brent. Stocks in Europe: ALL IN THE MIXED   Offshore yuan trades  6.7847 yuan to the dollar vs 6.7728  for onshore yuan.THE SPREAD BETWEEN ONSHORE AND OFFSHORE NARROWS A LITTLE  BIT AS MORE USA DOLLARS ATTEMPT TO  LEAVE CHINA’S SHORES / CHINA SENDS A MESSAGE TO THE USA TO NOT RAISE RATES IN DECEMBER.

REPORT ON JAPAN  SOUTH KOREA NORTH KOREA AND CHINA

3a)THAILAND/SOUTH KOREA

South Korea`s is rocked this morning by an influence peddling scandal similar to the USA charitable foundation scandal

( zero hedge)

 

b) REPORT ON JAPAN

A preview of what to expect from Japan`s decision this week.  In essence continue what they have been doing: printing money and buying assets

( zero hedge)

c) REPORT ON CHINA

i)This is now alarming:  China`s TED spreads are blowing out as banks are now afraid to lend to one another and a huge dollar shortage.

( zero hedge)

 

ii)Another alarming commentary.  China`s debt this year has grown by 4.5 trillion uSA.  This growth has basically kept the world`s global economy moving somewhat.  When this stops all hell with break loose: a huge deflationary spiral

( zero hedge)

4 EUROPEAN AFFAIRS

i)ITALY

Another earthquakes whacks Central Italy:a 6.6 magnitude quake:

( zero hedge)

ii)ENGLAND

Mark Carney stays on as Governor of the Bank of England.  The pound hardly moves:

( zero hedge

5. RUSSIAN AND MIDDLE EASTERN AFFAIRS

i)TURKEY

USA orders family members of the Istanbul Consulate (employees) to leave Turkey immediately as Erdogan is asking for the death penalty for the plotters. Remember Turkey is moving closer to Russian now

( zero hedge)

6.GLOBAL ISSUES

 NONE TODAY

7.OIL ISSUES

It sure looks like the oil freeze deal is over

(courtesy zero hedge)

8.EMERGING MARKETS

 

9.PHYSICAL STORIES

i)Koos Jansen: gold`s important role in anew monetary system

( Koos Jansen)
ii)John Hathaway on the Tocqueville gold letter spells out the gold manipulation we are experiencing( John Hathaway: Tocqueville gold letter)

iii)Goldseek ratio interview Bill Murphy of GATA

( Murphy:Waltzek:GATA)

iv)No doubt the first of many:  Dubai is the first foreign operation to use the Shanghai gold fix over the London gold fix:

( Yiyao:China Daily: GATA)

v)An extremely important commentary this morning form Ambrose Evans Pritchard. He notes the huge rise in Libor rates as well as the rise in Ted spreads and other indicators showing stress in the credit markets.  This is why the long end of the bonds are falling in price (rising in yields).  In other words: the global economy is about to experience a stress test:

( Ambrose Evans Pritchard)

10.USA STORIES WHICH MAY INFLUENCE THE PRICE OF GOLD/SILVER

i)On Friday, you heard the very important story that Comey went to Congress with a letter stating that he was reopening the case.   There are many stories over the weekend, and I will give you the important chronological  events.  In the conclusion you will see that the emails now discovered on Weiner`s computer will be very harmful to Clinton and may affect the Presidency:

Saturday

Raoul Meijer:Part i

The FBI has of this point in time did not have the right to view the emails

(courtesy Raul Meijer)

ii) Part ii

The USA tries to throw roadblocks preventing the release of the emails:
( Raul Meijer)
 

iii)Sunday;

the problems facing Comey as the Washington field attempts to gain access to thos emails:

( zero hedge)

iv)I am running out of popcorn:  there is apparently 650,000 emails found on Weiner’s laptop, and they expect weeks of work. Interestingly the no. 2 man at the FBI is Mccabe, the same fellow who spouse received money from Viriginia’s McAuliffe.

( zero hedge)

v)Late Sunday night:

I have ordered in more popcorn! The FBI finally obtains the all important warrant to search Huma Abedin`s computer and emails (also Weiner`s computer)

( zero hedge)

vi)Comey has received a stack of resignation letters from furious FBI agents

( zero hedge)

vii)MONDAY

Dilbert creator, Scott discusses why the emails are really bad.  The following is extremely important and I strongly believe that he is correct.
( zero hedge)
 

viii)This economist predicts the rising Obamacare health care costs will lead to riots on the streets( zero hedge)

ix)Income rises, spending rises but for the 2nd straight month real disposable income per person slides:

( zerohedge)

x)The all important, national Chicago PMI falls to 50.4 barely above recession levels.  The report signals inflationary pressures is on  the rise and economic growth looks very disappointing.  This is exactly what Ambrose Evans Pritchard is discovering in his commentary today

( Chicago PMI: zero hedge)

xi)Not good:  the Dallas Mfg Fed report signals a 22nd straight monthly decline in activity:

( zero hedge)

xii) The liquidation of the Sports Authority claims another victim”  Performance Sports Group, the makers of Bauer ice hockey equipment and Easton baseball and softball gear: it shows the weakness in the consumer group:

 

( zero hedge)

xiii)This ought to make you angry:  John Podesta’s best friend, Peter Kadzik will be heading that Dept of Justice’s probe into Huma Abedin’s emails. I sure hope that the republicans get to see all of Hillary’s emails especially on Benghazi and other emails that she destroyed so that she will be charged.

( zero hedge)

xiv)Donald thanks Weiner..

( zero hedge)
 

Let us head over to the comex:

The total gold comex open interest ROSE BY 2,919 CONTRACTS to an OI level of 510,070 as the price of gold ROSE $3.10 with FRIDAY’S trading.

We are now closing the delivery month is October and entering the non active delivery month of November.

For October we had 341 notices served upon for its probable last filings.  The total number of notices that has been served upon for the entire month is represented by 9776 notices for 977,600 oz or 30.407 tonnes.   This is a record for the comex deliveries for October as there never has been this quantity delivered upon from the beginning of time at the Comex.

For November: on first day notice filing:  875 notices for 87500 oz

The next delivery month is November and here the OI FELL by 430 contract(s) DOWN to 1,374 contracts.This will be, no doubt the probable amount standing for gold as we open November and thus 137,400 oz  will stand for metal or 4.2737 tonnes. Eventually by the end of Nov 2015,  a total of 214 notices stood for delivery for 21,400 oz  (.6656  tonnes) so again we see a massive increase in gold demand as some entities are shunning paper deliveries for the real stuff. The next contract month and the biggest of the year is December and here this month showed an increase of 1753 contracts up to 364,543.

Today, for November we had 875 notice(s) filed for 87500 oz of gold.
 
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And now for the wild silver comex results.  Total silver OI ROSE by 318 contracts from 193,605 UP TO 193,975 as the  price of silver ROSE to the tune of 8 cents on Friday.  We are moving  further from the all time record high for silver open interest set on Wednesday August 3:  (224,540).We are now concluding October and here we had 39 notices served upon for 195,000 oz.The total number of notices filed for the entire month of October is 555 and thus the final amount of silver standing for October is 2,775,000 oz.  For the first day notice filing for November we had 338 notices filed for 1,690,000 oz. On first day notice filings we start with an initial 1,730,000 oz of silver standing.   The next major delivery month is December and here it FELL BY 575 contracts down to 142,390.

we had 13 notices filed for 65,000 oz

VOLUMES: for the gold comex

Today the estimated volume was 58,979  contracts which is EXTREMELY POOR.

Yesterday’s confirmed volume was 244,440  which is VERY  GOOD (COMEY RESTARTS INVESTIGATION INTO HILLARY CLINTON EMAILS).

 

today we had 20 notices filed for 2000 oz of gold:

 
INITIAL standings for NOVEMBER
 Oct 31.
 
Gold Ounces
Withdrawals from Dealers Inventory in oz  NIL
Withdrawals from Customer Inventory in oz  nil
NIL oz
 
 
 
 
 
 
 
Deposits to the Dealer Inventory in oz nil oz
Deposits to the Customer Inventory, in oz 
 192.91 oz
Brinks
 
 
 
 
 
 
No of oz served (contracts) today
875 notices 
87,500 oz
 
No of oz to be served (notices)
499 contracts
 49,900
oz
Total monthly oz gold served (contracts) so far this month
875 contracts
87500 oz
2.7216 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     192.91 oz
 
Today we had 0 kilobar transactions
 
 
Today we had 0 deposit into the dealer:
 
 
total dealer deposits:  nil oz
 
We had zero dealer withdrawals:
 
 
total dealer withdrawals:  nil oz
 
.
We had 1 customer deposit;
i) Into Brinks:  192.91 oz
 
 
 
total customer deposits; 192.91 oz
 
We had 0 customer withdrawal(s)
 
 
 
 
 
total customer withdrawal:nil   oz
 
We had 3 adjustment(s)
 i) Out of Brinks:  57,670.000 oz  was adjusted out of the customer account of Brinks into the dealer account of brinks.  This makes no sense as the weight is exact to 3 decimals and it is not divisible by 32.15 oz and thus not kilobars.
ii) Out of Malca;
3761.667 oz was adjusted out of the dealer account and this landed into the customer account of Malca:
iii) 19,774.952 oz was adjusted out of the dealer account and this landed into the customer account of Scotia
the later two adjustments were probable settlements.
 
 
 
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Total dealer inventor 2,246,706.023 or 69.88 tonnes
Total gold inventory (dealer and customer) =10,564,722.892. or 328.601 tonnes 
 
Several months ago the comex had 303 tonnes of total gold. Today the total inventory rests at 328.601 tonnes for a  gain of 26  tonnes over that period.  Since August 8 we have lost 25 tonnes leaving the comex. However I am including kilobar transactions and they are very suspect at best.
 
 
 
 
For November:
 
 

Today, 0 notices 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 875 contract  of which 0 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 NOV. contract month, we take the total number of notices filed so far for the month (875) x 100 oz or 87,500 oz, to which we add the difference between the open interest for the front month of NOV (1374 contracts) minus the number of notices served upon today (875) x 100 oz per contract equals 137,400 oz, the number of ounces standing in this non  active month of November.
 
Thus the INITIAL standings for gold for the Nov contract month:
No of notices served so far (875) x 100 oz  or ounces + {OI for the front month (1374) minus the number of  notices served upon today (875) x 100 oz which equals 137,400 oz standing in this non active delivery month of Nov  (4.2737 tonnes).
 
 
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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.
 
total for the 10 months;  183.392 tonnes
average 18.39 tonnes per month vs last yr 51 tonnes total for 12 months or 4.25 tonnes average per month. From May 2016 until Oct 2016 we have had: 160.16 tonnes per the 6 months or 26.694 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.
 
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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 TWO MONTHS  25 NET TONNES HAS LEFT THE COMEX.
 
end
 
And now for silver
 
NOV INITIAL standings
 Oct 31. 2016
Silver Ounces
Withdrawals from Dealers Inventory NIL
Withdrawals from Customer Inventory
624,745.248 oz
Delaware
 
 
 
 
 
Deposits to the Dealer Inventory
586,517.700  OZ
CNT
 
 
Deposits to the Customer Inventory 
 
 22,622.300 oz
Brinks,CNT
 
 
No of oz served today (contracts)
338 CONTRACT(S)
(1,690,000 OZ)
No of oz to be served (notices)
8 contracts
(40,000 oz)
Total monthly oz silver served (contracts) 338 contracts (1,6900,000 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  624,745.248 oz
today, we had 1 deposit(s) into the dealer account:
i) Into CNT: 586,517.700 oz
 
 
total dealer deposit: 586,517.700 oz
 
we had 0 dealer withdrawals:
 total dealer withdrawals: nil oz
 
we had 1 customer withdrawal:
i) Out of Delaware:  624,745.248 oz
 
Total customer withdrawals: 624,745.248  oz
 
We had 2 customer deposit(s):
i) Into CNT: 13,605.000 oz??? exact deposit???
ii) Into Brinks: 10,017.300 oz
 
 
total customer deposits;  22,622.300 oz
 
 
 we had 2 adjustment(s)
i) Out of Brinks:
710,828.93 oz was adjusted out of Brinks dealer and into the customer account of Brinks
ii) Out of CNT:
597,403.600 oz was adjusted out of the customer account of CNT and this landed into the dealer account. 
.
 
 
 
Volumes: for silver comex
 
Today the estimated volume was 24.813 which is VERY poor.
YESTERDAY’S  confirmed volume was 75,502 which is EXCELLENT
 
The total number of notices filed today for the Nov. contract month is represented by 338 contracts for 1,690,000 oz. To calculate the number of silver ounces that will stand for delivery in Nov., we take the total number of notices filed for the month so far at  338 x 5,000 oz  = 1,690,000 oz to which we add the difference between the open interest for the front month of NOV (346) and the number of notices served upon today (338) x 5000 oz equals the number of ounces standing 
 
Thus the initial standings for silver for the NOV contract month:  338(notices served so far)x 5000 oz +(346) OI for front month of NOV. ) -number of notices served upon today (338)x 5000 oz  equals  1,730,000 oz  of silver standing for the NOV contract month.
 
 
 
Total dealer silver:  30.460 million (close to record low inventory  
Total number of dealer and customer silver:   173.448 million oz
 
 
 
The total open interest on silver is NOW close to its all time high with the record of 224,540 being set AUGUST 3.2016.  The registered silver (dealer silver) is NOW NEAR  multi year lows as silver is being drawn out at both dealer and customer levels and heading to China and other destinations. The shear movement of silver into and out of the vaults signify that something is going on in silver.
 
 
end
 
And now the Gold inventory at the GLD
Oct 31/no changes at the GLD/Inventory rests at 942.59 tonnes
 
Oct 28/no changes at the GLD/Inventory remains at 942.59 tonnes
OCT 27/NO CHANGES AT THE GLD/INVENTORY REMAINS AT 942.59 TONNES
Oct 26/a massive 14.24 tonnes of gold leave the GLD and I am sure this is a paper transaction/this “paper gold” was used in the whacking of gold today/Inventory rests at 942.59 tonnes
OCT 25/A HUGE ADDITION OF 3.27 TONNES INTO THE GLD/INVENTORY RESTS AT 956.83 TONNES
OCT 24/NO CHANGES AT THE GLD/INVENTORY RESTS AT 953.56 TONNES
OCT 21/A MONSTROUS CHANGE IN GOLD INVENTORY AT THE GLD: A WITHDRAWAL OF 16.61 TONNES FROM THE GLD/INVENTORY RESTS AT 953.56 TONNES
OCT 20/A HUGE CHANGE IN GOLD INVENTORY AT THE GLD OF 2.94 TONNES/INVENTORY RESTS AT 970.17 TONNES
OCT 19/no change in gold inventory at the GLD inventory/inventory rests at 967.21 tonnes
 
 
 
 
 
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Oct 31/ Inventory rests tonight at 942.59 tonnes
*IN LAST 20 DAYS: 7.6 TONNES REMOVED FROM THE GLD
 

end

 
 
Now the SLV Inventory
Oct 31/no change in silver inventory at the SLV/Inventory rests at 360.673 million oz/
Oct 28/NO CHANGE IN SILVER INVENTORY AT THE SLV/iNVENTORY RESTS AT 360.673 MILLION OZ
OCT 27/A MONSTROUS WITHDRAWAL OF 5.987 MILLION OZ FROM THE SLV/INVENTORY RESTS AT 360.673 MILLION OZ  (AND YET NO CHANGE IN THE SILVER PRICE???)
Oct 26/NO CHANGES AT THE SLV/INVENTORY RESTS AT 366.366 MILLION OZ/
OCT 25/NO CHANGES AT THE SLV INVENTORY/INVENTORY RESTS AT 366.366 MILLION OZ
OCT 24/NO CHANGES AT THE SLV INVENTORY/INVENTORY RESTS AT 366.366 MILLION OZ
OCT 21/A HUGE CHANGES IN SILVER INVENTORY AT THE SLV/: A DEPOSIT OF 3.226 MILLION OZ INTO THE SLV/INVENTORY RESTS AT 366.366 MILLION OZ
oCT 20/NO CHANGES IN SILVER INVENTORY AT THE SLV/INVENTORY RESTS AT 363.140 MILLION OZ
oCT 19/a good sized change at the SLV inventory: a deposit of 855,000 oz/rests at 363.140 million oz/
 
 
 
 
 
 
 
.
Oct 31.2016: Inventory 360.673 million oz
 
 end

NPV for Sprott and Central Fund of Canada

 
1. Central Fund of Canada: traded at Negative 2.0 percent to NAV usa funds and Negative 2.1% to NAV for Cdn funds!!!! 
Percentage of fund in gold 60.8%
Percentage of fund in silver:38.4%
cash .+0.8%( Oct 31/2016).
 
2. Sprott silver fund (PSLV): Premium FALLS to +0.21%!!!! NAV (OCT 31/2016) 
3. Sprott gold fund (PHYS): premium to NAV  RISES TO  1.08% to NAV  ( OCT 31/2016)
Note: Sprott silver trust back  into POSITIVE territory at 0.21% /Sprott physical gold trust is back into positive territory at 1.08%/Central fund of Canada’s is still in jail.
 
 
 
 

end

FEDERAL RESERVE BANK OF NEW YORK: EAR MARKED GOLD MOVEMENTS

LAST MONTH:  7,849 MILLION DOLLARS WORTH OF GOLD VALUED AT $42.22

THIS MONTH: 7,841 MILLION DOLLARS WORTH OF GOLD VALUED AT $42.22

THUS 8 MILLION DOLLARS WORTH OF GOLD AT 42.22 LEFT NEW YORK

OR 189,483.65 OZ (5.8937 TONNES)

Since Germany is the only official nation asking for repatriation of their gold, we can safely assume that this gold is heading for Frankfurt.