A Sovereign is After Physical Silver, “Looks Like the COMEX Is Being RAIDED” – Harvey Organ

For 6 consecutive days, the amount standing for physical has risen.  On First day notice 16.8 million oz were standing.  Tonight 21.5 million oz.  It sure looks like a sovereign is after physical silver and the comex is the place being raided.

 

FOR 6 STRAIGHT DAYS, THE AMOUNT OF SILVER OUNCES STANDING FOR DELIVERY INCREASED: FIRST DAY NOTICE STARTED AT 16.8 MILLION OZ/TODAY: 21.5 MILLION OZ/CHINA’S ECONOMY SLOWING DOWN DRAMATICALLY/OIL DROPS BACK INTO THE 45 DOLLAR COLUMN FOR WTI/CHAOS INTENSIFIES IN VENEZUELA: MANY ARMY OFFICIALS ARE JOINING THE PROTESTERS

 

Gold: $1227.70  UP $.50

Silver: $16.27  DOWN 1  cent(s)

Closing access prices:

Gold $xxxx

silver: $xxx

XXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXX

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: $1241.52 DOLLARS PER OZ

NY PRICE OF GOLD AT EXACT SAME TIME:  1230.65

PREMIUM FIRST FIX:  $10.87

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SECOND SHANGHAI GOLD FIX: $1240.25

NY GOLD PRICE AT THE EXACT SAME TIME: 1230.25

Premium of Shanghai 2nd fix/NY:$10.20

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LONDON FIRST GOLD FIX:  5:30 am est  $1229.70

NY PRICING AT THE EXACT SAME TIME: $1229.70

LONDON SECOND GOLD FIX  10 AM: $1229.80

NY PRICING AT THE EXACT SAME TIME. $1229.80

 

For comex gold:

MAY/

NOTICES FILINGS TODAY FOR APRIL CONTRACT MONTH:  15 NOTICE(S) FOR 1500 OZ. 

 TOTAL NOTICES SO FAR: 374 FOR 37400 OZ    (1.1632 TONNES)

 
 
 

For silver:

For silver: MAY

99 NOTICES FILED TODAY FOR 495,000  OZ/

Total number of notices filed so far this month: 4107 for 20,535,000 oz

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END

For 6 consecutive days, the amount standing for physical has risen.  On First day notice 16.8 million oz were standing.  Tonight 21.5 million oz.  It sure looks like a sovereign is after physical silver and the comex is the place being raided.

stay tuned on this development..

 

Let us have a look at the data for today

.

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In silver, the total open interest SURPRISINGLY ROSE BY 1,778  contracts UP to 190,305  DESPITE THE SLIGHT RISE IN PRICE THAT SILVER TOOK WITH RESPECT TO YESTERDAY’S TRADING (UP ONLY 4 CENTS). In ounces, the OI is still represented by just UNDER 1 BILLION oz i.e.  0.951 BILLION TO BE EXACT or 136% of annual global silver production (ex Russia & ex China).

FOR THE NEW FRONT MAY MONTH/ THEY FILED: 99 NOTICE(S) FOR 495,000  OZ OF SILVER

In gold, the total comex gold FELL BY A MONSTROUS 15,183 contracts DESPITE THE SLIGHT RISE IN THE PRICE OF GOLD ($0.10 with FRIDAY’S TRADING). The total gold OI stands at 443,343 contracts.

we had 15 notice(s) filed upon for 1500 oz of gold.

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

GLD:

We had no changes in tonnes of gold at the GLD:

Inventory rests tonight: 853.08 tonnes

.

SLV

Strange!!! We had no changes in silver inventory at the SLV today.

THE SLV Inventory rests at: 334.777 million oz

end

.

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

1. Today, we had the open interest in silver ROSE BY 1,778 contracts UP TO 190,305, (AND NOW CLOSER TO  THE NEW COMEX RECORD SET ON FRIDAY/APRIL 21 AT 234,787), DESPITE THE SMALL RISE IN PRICE FOR SILVER ON FRIDAY (4 CENTS).

(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

2c) Federal Reserve Bank ear marked gold movement

(Harvey)

 

3. ASIAN AFFAIRS

i)Late SUNDAY night/MONDAY morning: Shanghai closed DOWN 24.45 POINTS OR .79%  OR / /Hang Sang CLOSED UP 101.56 POINTS OR .41% .  The Nikkei closed UP 450.00 POINTS SOR 2.31%/Australia’s all ordinaires  CLOSED UP .58%/Chinese yuan (ONSHORE) closed DOWN at 6.9048/Oil UP to 46.27 dollars per barrel for WTI and 49.18 for Brent. Stocks in Europe OPENED IN THE RED EXCEPT LONDON   ..Offshore yuan trades  6.9068 yuan to the dollar vs 6.9048 for onshore yuan. NOW  THE OFFSHORE IS A LOT WEAKER TO THE ONSHORE YUAN/ ONSHORE YUAN WEAKER (TO THE DOLLAR)  AND THE OFFSHORE YUAN IS  MUCH WEAKER TO THE DOLLAR AND THIS IS COUPLED WITH THE STRONGER DOLLAR. CHINA IS NOT HAPPY

 

3a)THAILAND/SOUTH KOREA/NORTH KOREA

NORTH KOREA/

North Korea arrests another American and threatens to nuke the White House as well as other Americans

( zero hedge)

b) REPORT ON JAPAN

c) REPORT ON CHINA

The following is a very important read as we learn that China is slowing down on all fronts.  Imports fall, exports fall, commodities fall and bond issuance almost disappears as their economy severely falters

( zero hedge)

4. EUROPEAN AFFAIRS

i)FRANCE

An in depth look at the problems facing France, once  Macron is elected:

( zero hedge)

ii)A Macron victory with 65% of the votes cast went to the youngest ever elected President of France:

( zero hedge)

iii)VOLKSWAGEN/GERMANY

Volkswagen quietly stashed away 500,000 rigged cars and so far they have not found a solution to fix the emissions cheating:

( zero hedge)

( Mish Shedlock/Mishtalk)

5. RUSSIAN AND MIDDLE EASTERN AFFAIRS

Iran over the weekend threatens to destroy Saudi Arabia after the Saudi Prince warns that he will be moving the battle to Iran.  I doubt that Saudi Arabia will give an  exemption on Iranian oil production cuts when they meet next

( zero hedge)

6 .GLOBAL ISSUES

i)Globally, the world’s central banks have provided huge liquidity which keeps asset prices higher.  From the beginning of 2017 the world’s central banks have provided 1 trillion dollars worth of liquidity which has kept stocks afloat. Deutsche bank;s Costam explains why this is not enough.

( Domenic Kostam./zero hedge)

ii) The Canadian dollar is the worst trading currency this year:

(courtesy zero hedge)

7. OIL ISSUES

i)Jawboning does not seem to work as oil moves back to the low 49 dollar column for Brent.  Morgan Stanley warnsof rosk to the 2018 oil price

(courtesy zero hedge/MorganStanley)

ii)WTI falls into the 45 dollar column:

(courtesy zero hedge)

8. EMERGING MARKETS

i)Saturday: Venezuela

Chaos inside Venezuela:

ii)Sunday : Venezuela
 
ii)Now we are witnessing some of Venezuela’s military defect and march with the protesters:
( zero hedge)
 

9.   PHYSICAL MARKETS

i)A must view..

Andrew talks about the huge volumes of paper gold and silver that have been thrust upon the market smashing metal prices. The key to glean from this;  silver is backward now to July in silver:  a huge 3 months.

( Andrew Maguire/Kingworldnews)

ii)George Gilder writes in the Dallas new that currency trading is in chaos and thus we must reconsider going back to the gold standard.

( George Gilder)

iii)The whacking of gold was causing demand to rise and Reuters is witnessing premiums over spot to rise in both India and China

( Reuters)

iv)More and more countries are welcoming the proposal to reduce their dependence on the uSA dollar

( zero hedge)

v)Chris Powell notes how ludicrous the analysis of Adam Hamilton is becoming:  “speculators” are causing gold futures shorting attacks”…give me a break

(Chris Powell./GATA)

vi)Hong Kong will be trying for the third time on a futures contract but this time with physical delivery.  They must succeed finally.

( YIU/South China Morning Post)

vii)A commentary on gold manipulation

(Dave Kranzler/Stewart Dougherty/IRD)

10. USA stories

i)Simply mind boggling; a court case stops the collection from students with the fact that there is no one assigned to collect on what is owing

the crisis surely has now become “pandemic”:

( zero hedge)

ii)Not good: household spending growth expectations crash;

( zero hedge)

 

Let us head over to the comex:

The total gold comex open interest FELL BY A HUGE 15,183 CONTRACTS DOWN to an OI level of 443,343 DESPITE THE SLIGHT RISE IN THE PRICE OF GOLD ( $0.10 with FRIDAY’S trading).   The longs I guess had had enough  as they finally liquidated some of their contracts with the constant torment they received over the past two weeks.  We are now in the contract month of MAY and it is one of the POORER delivery months  of the year. In this MAY delivery month  we had A LOSS OF 22 contract(s) FALLING TO 62. We had 27 notices filed yesterday so we GAINED 5 contracts or an additional 500 oz are standing for delivery and no contracts were cash settled through the EFP route where they receive a cash bonus plus a future gold contract.

The next big active month is June/2017 and here the OI LOST A WHOPPING 24,778 contracts DOWN to 272,648.  The non active July contract gained another 22 contracts to stand at 268 contracts. The next big active month is August and here the OI gained 8054 contracts up to 80,946.

We had 15 notice(s) filed upon today for 1500 oz

 

 
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And now for the wild silver comex results.  Total silver OI ROSE BY A HUGE 1,778 contracts FROM 188,527 UP TO 190,305  DESPITE FRIDAY’S SLIGHT 4 CENT PRICE RISE. We again  probably had  some attempted short covering by the banks which did not succeed much.
 
We are in the active delivery month is MAY  Here the open interest LOST 307 contracts FALLING TO 299 contracts. MY GOODNESS!! IT HAPPENED AGAIN!! We had 382 notices filed on today, so we gained another 75 notices or an additional 375,000 oz will stand for delivery. In the last few years, I do not believe I have ever seen an active month increase in amount standing for 6 straight days of the delivery cycle starting immediately after first day notice. No wonder JPMorgan is getting ready for a physical attack at the comex. I have never seen anything like this!!
 

The non active June contract gained 10 contracts to stand at 922. The next big active month will be July and here the OI strangely gained 1306 contracts up to 146,315.

For those keeping score, the initial amount of silver oz that stood for delivery for the May 2016 contract month: 28.01 million oz.  By conclusion of the month only 13.58 million oz stood and the rest was cash settled.(EFP ROUTE)

The line in the sand is $18.50 for silver and again it has been defended by the criminal bankers.  Once this level is pierced, the monstrous billion oz of silver shorts will blow up. The bankers are defending the Alamo with their last stand at the $18.50 mark. THE NEW RECORD HIGH IN OPEN INTEREST WAS SET FRIDAY APRIL 21/2017 AT:  234,787.

 

We had 99 notice(s) filed for 1,910,000 oz for the MAY 2017 contract

 

VOLUMES: for the gold comex

Today the estimated volume was 196,883 contracts which is fair

Yesterday’s confirmed volume was 310,019 contracts  which is excellent.

volumes on gold are STILL HIGHER THAN NORMAL!

 
INITIAL standings for MAY
 May 8/2017.
 
Gold Ounces
Withdrawals from Dealers Inventory in oz   nil
Withdrawals from Customer Inventory in oz  
 
 
 
 
 
 6,462.247 oz
Brinks
Scotia
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Deposits to the Dealer Inventory in oz 1699.98 ozBrinks
Deposits to the Customer Inventory, in oz 
 
 
nil oz
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
No of oz served (contracts) today
 
15 notice(s)
 
1500 OZ
 
 
No of oz to be served (notices)
47 contracts
4700 oz
 
Total monthly oz gold served (contracts) so far this month
 
374 notices
37,400 oz
1.1632 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   47,788.3 oz
 
 
 
Today we HAD  1 kilobar transaction(s)/
 
Today we had 1 deposit(s) into the dealer:
i) Into Brinks: 1699.98 oz
 
 
 
 
total dealer deposits: 1699.98 oz
 
We had NIL dealer withdrawals:
 
 
total dealer withdrawals:  NIL oz
 
 
we had 0  customer deposit(s):
 
 
 
 
 
 
 
 
 
 
 
 
total customer deposits; nil  oz
 
We had 2 customer withdrawal(s)
i) Out of  Brinks:  6333.747 oz
ii) Out of Scotia:  128.60 oz  (4 kilobars)
 
 
 
 
 
 
 
total customer withdrawal: 6462.347 oz
 
 
 we had 0 adjustments:
 
 
 
For MAY:
 

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 15 contract(s)  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 MAY. contract month, we take the total number of notices filed so far for the month (374) x 100 oz or 37400 oz, to which we add the difference between the open interest for the front month of MAY (62 contracts) minus the number of notices served upon today (15) x 100 oz per contract equals 42,100 oz, the number of ounces standing in this  active month of MAY.
 
Thus the INITIAL standings for gold for the MAY contract month:
No of notices served so far (374) x 100 oz  or ounces + {(61)OI for the front month  minus the number of  notices served upon today (15) x 100 oz which equals 42,100 oz standing in this non active delivery month of MAY  (1.309 tonnes).  We gained 5 contracts or an additional 400 oz are standing for delivery and 0 contracts were cash settled through the EFP route where they received a fiat bonus plus a futures contract in a private deal with the bankers.
 
 
 
 
 
 
 
 
 
 
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I have now gone over all of the final deliveries for this year and it is startling.
 
Here are the final deliveries for all of 2016 and the first 5 months of  2017
Jan 2016:  .5349 tonnes  (Jan is a non delivery month)
Feb 2016:  7.9876 tonnes (Feb is a delivery month/deliveries this month very low)
March 2016: 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
Nov.    8.3950 tonnes.
DEC/2016.   29.931 tonnes
JAN/2017     3.9004 tonnes
FEB/ 18.734 tonnes
March: 0.5816 tonnes
April/2017: 2.8678
MAY:2017/  1.309 TONNES
 
total for the 17 months;  248.918 tonnes
average 14.642 tonnes per month
 
 
 
 
 
 
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Total dealer inventory 915,933.163 or 28.489 tonnes DEALER RAPIDLY LOSING GOLD
Total gold inventory (dealer and customer) = 8,928,728.793 or 277.72 tonnes 
 
 
 
Over a year ago the comex had 303 tonnes of total gold. Today the total inventory rests at 277.72 tonnes for a  loss of 25  tonnes over that period.  Since August 8/2016 we have lost 76 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 11 MONTHS  76 NET TONNES HAS LEFT THE COMEX.
 
end
 
And now for silver
 
AND NOW THE APRIL DELIVERY MONTH
 
MAY INITIAL standings
 May 8. 2017
Silver Ounces
Withdrawals from Dealers Inventory  nil
Withdrawals from Customer Inventory
 
 
 
 
 
 
 
 
30,089.45 oz
Scotia
 
total:
 
30,089.45 oz
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Deposits to the Dealer Inventory
 
 
 
 
nil oz
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Deposits to the Customer Inventory 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 nil oz
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
No of oz served today (contracts)
 99 CONTRACT(S)
(495,000 OZ)
No of oz to be served (notices)
200 contracts
( 1,000,000 oz)
Total monthly oz silver served (contracts) 4107 contracts (20,535,000 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  3,782,505.0 oz
 
 
 
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 Scotia: 30,089.45 oz
 
 
 
 
 
 
TOTAL CUSTOMER WITHDRAWALS: 30,089.45  oz
 
 We had 0 Customer deposits:
 
 
 
 
 
 
***deposits into JPMorgan have now stopped 
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  nil oz
 
 
 we had 0 adjustment(s)
 
 
 
 
The total number of notices filed today for the MAY. contract month is represented by 99 contract(s) for 1,910,000 oz. To calculate the number of silver ounces that will stand for delivery in MAY., we take the total number of notices filed for the month so far at 4107 x 5,000 oz  = 20,535,000 oz to which we add the difference between the open interest for the front month of MAY (299) and the number of notices served upon today (99) x 5000 oz equals the number of ounces standing
 

 

.
 
Thus the initial standings for silver for the MAY contract month:  4107(notices served so far)x 5000 oz  + OI for front month of APRIL.(299 ) -number of notices served upon today (99)x 5000 oz  equals  21,535,000 oz  of silver standing for the MAY contract month.
 
We actually gained another 75 contracts or an additional 375,000 oz will stand for delivery and again nobody wished to accept an EFP contract for a fiat bonus. It probably means that the entire 21.52 million oz that are standing wants only physical metal and refuses a fiat bonus. This is identical to backwardation where the investor will not accept to roll to a futures month and receive a sure fiat profit (THROUGH THE EFP) but instead that investor holds onto his physical because he is not sure in the future he would receive his metal back if he engages in that future contract.  We have now had on 6 consecutive days, an increase in amount standing for silver.  For the past several years, this has never happened during an active silver delivery month.  Ladies and gentlemen:  the silver comex is being attacked for its physical metal!! 
 
 
 
 
 
 
 
 
 
 
 
Volumes: for silver comex
 
 
 
Today the estimated volume was 52,248 which is excellent
Yesterday’s  confirmed volume was 92,974 contracts which is gigantic
 
(TODAY’S CONFIRMED. VOLUME OF 92,974 CONTRACTS EQUATES TO 464 MILLION OZ OF SILVER OR 66% OF ANNUAL GLOBAL PRODUCTION OF SILVER EX CHINA EX RUSSIA). IN OUR HEARINGS THE COMMISSIONERS STRESSED THAT THE OPEN INTEREST SHOULD BE AROUND 3% OF THE MARKET.  
 
 
 
 
 
 
 
 
 
 
 
 
Total dealer silver:  33.541 million (close to record low inventory  
Total number of dealer and customer silver:   196.953 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
 
 
 
 
 
 
 data will be updated later tonight on Sprott and Central Fund of Canada
 
 

NPV for Sprott and Central Fund of Canada

 
1. Central Fund of Canada: traded at Negative 6.6 percent to NAV usa funds and Negative 6.8% to NAV for Cdn funds!!!! 
Percentage of fund in gold 62.5%
Percentage of fund in silver:37.4%
cash .+0.1%( May 5/2017) 
 
 
 
 
 
2. Sprott silver fund (PSLV): Premium RISES TO   +.57%!!!! NAV (May 5/2017) 
3. Sprott gold fund (PHYS): premium to NAV RISES to -0.06% to NAV  ( May 5 /2017)
Note: Sprott silver trust back  into POSITIVE territory at +.57% /Sprott physical gold trust is back into NEGATIVE/ territory at -0.06%/Central fund of Canada’s is still in jail  but being rescued by Sprott.
 

Sprott’s hostile 3.1 billion bid to take over Central Fund of Canada

(courtesy Sprott/GATA)

Sprott makes hostile $3.1 billion bid for Central Fund of Canada

 Section: Daily Dispatches

From the Canadian Press
via Canadian Broadcasting Corp. News, Toronto
Wednesday, March 8, 2017

http://www.cbc.ca/news/canada/calgary/sprott-takeover-bid-central-fund-c…

Toronto-based Sprott Inc. said Wednesday it’s making an all-share hostile takeover bid worth $3.1 billion US for rival bullion holder Central Fund of Canada Ltd.

The money-management firm has filed an application with the Court of Queen’s Bench of Alberta seeking to allow shareholders of Calgary-based Central Fund to swap their shares for ones in a newly-formed trust that would be substantially similar to Sprott’s existing precious metal holding entities.

The company is going through the courts after its efforts to strike a friendly deal were rebuffed by the Spicer family that controls Central Fund, said Sprott spokesman Glen Williams.

“They weren’t interested in having those discussions,” Williams said.

 Sprott is using the courts to try to give holders of the 252 million non-voting class A shares a say in takeover bids, which Central Fund explicitly states they have no right to participate in. That voting right is reserved for the 40,000 common shares outstanding, which the family of J.C. Stefan Spicer, chairman and CEO of Central Fund, control.

If successful through the courts, Sprott would then need the support of two-thirds of shareholder votes to close the takeover deal, but there’s no guarantee they will make it that far.

“It is unusual to go this route,” said Williams. “There’s no specific precedent where this has worked.”

Sprott did have success last year in taking over Central GoldTrust, a similar fund that was controlled by the Spicer family, after securing support from more than 96 percent of shareholder votes cast.

The firm says Central Fund’s shares are trading at a discount to net asset value and a takeover by Sprott could unlock US$304 million in shareholder value.

Central Fund did not have any immediate comment on the unsolicited offer. Williams said Sprott had not yet heard from Central Fund on the proposal but that some shareholders had already contacted them to voice their support.

Sprott’s existing precious metal holding companies are designed to allow investors to own gold and other metals without having to worry about taking care of the physical bullion.

end

And now the Gold inventory at the GLD

May 8/no change in inventory at the GLD/Inventory rests at 853.08 tonnes

May 5/no changes in inventory at the GLD/Inventory rests at 853.08 tonnes

May 4/A tiny change in inventory at the GLD /a withdrawal of .28 tonnes to pay for fees/inventory rests at 853.08 tonnes

May 3/no change in inventory at the GLD/Inventory rest at 853.36 tonnes

May 2/no change in inventory at the GLD/Inventory rests at 853.36 tonnes

May 1/ no changes in inventory at the GLD/inventory rests at 853.36 tonnes

April 28/no changes in inventory at the GLD/Inventory rests at 853.36 tonnes

April 27/a small withdrawal of .89 tonnes/Inventory is now at 853.36 tonnes

APRIL 26/we had no changes at the GLD/Inventory rests at 854.25 tonnes

April 25/2017/A WITHDRAWAL OF 5.92 TONNES OF GOLD FROM THE GLD/INVENTORY RESTS AT 854.25 TONNES

April 24/a deposit of 1.48 tonnes of gold into the GLD/inventory rests at 860.17 tonnes

April 21/A DEPOSIT OF 4.44 TONNES OF GOLD INTO THE GLD/INVENTORY RESTS AT 858.69 TONNES

APRIL 20/A WITHDRAWAL OF 6.51 TONNES FROM THE GLD/INVENTORY RESTS AT 854.25 TONNES

April 19/ A DEPOSIT OF 11.84 TONNES INTO THE GLD/INVENTORY RESTS AT 860.76 TONNES

April 18/no changes at the GLD/Inventory remains at 848.92 tonnes

April 17/no changes at the GLD/Inventory remains at 848.92 tonnes

April 13/a deposit of 6.51 tonnes into the GLD/Inventory rests at 848.92 tonnes

this no doubt is a paper deposit/

APRIL 12/no changes in gold inventory at the GLD/Inventory rests at 842.41 tonnes

April 11/a huge deposit of 4.12 tonnes into inventory/Inventory rests at 842.41 tonnes

this would no doubt be a paper gold entry. It would be difficult to find that amount of physical gold.

April 10/1.77 tonnes added into inventory at the GLD/inventory rests at 838.29 tonnes

April 7/a small withdrawal of .28 tonnes from the GLD/Inventory rests at 836.49 tonnes

April 6/no change in gold tonnage at the GLD/Inventory rests at 836.77 tonnes

April 5/no change in gold tonnage at the GLD/Inventory rests at 836.77 tonnes

April 4/no change in gold tonnage at the GLD/Inventory rests at 836.77 tonnes

April 3.2017: a huge deposit of 4.45 tonnes of gold into the GLD/Inventory rests at 836.77 tonnnes

March 31/another withdrawal of 1.19 tonnes of gold inventory fro the GLD/this inventory would no doubt be heading for Shanghai/GLD inventory: 822.32 tonnes

March 30/no changes in gold inventory at the GLD/Inventory rests at 833.51 tonnes

March 29/a withdrawal of 1.78 tonnes of gold out of the GLD/Inventory rests tongith at 833.51 tonnes

 

 

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May 8 /2017/ Inventory rests tonight at 853.08 tonnes
 
*IN LAST 146 TRADING DAYS: 95.05 NET TONNES HAVE BEEN REMOVED FROM THE GLD
*LAST 89 TRADING DAYS: A NET  32,38 TONNES HAVE NOW BEEN ADDED INTO GLD INVENTORY.
*FROM FEB 1/2017: A NET  57,72 TONNES HAVE BEEN ADDED.
 

end

 
 

Now the SLV Inventory

May 8/no change in silver inventory at the SLV/inventory rests at 334.777 million oz/

May 5/Strange!! no change in silver inventory at the SLV/Inventory rests tonight at 334.777 million oz

May 4/a very tiny withdrawal of 144,000 oz to pay for fees/inventory rests tonight at 334.777 million oz/

May 3/strange!! with the drop in price of silver we had no change in inventory at the SLV/inventory rests at 334.921 million oz

May 2/extremely strange again/a huge 3.502 million oz deposit into the SLV despite silver being in the toilet for the past several trading days.Inventory 334.921 million oz

may 1/extremely strange/with silver being walloped these past several days, the inventory rises again by a huge 1.136 million oz/(maybe someone can explain this phenomena??)

April 28/Strange again!! no change in inventory at the SLV/Inventory remains at 330.283 million oz  (no liquidation with a drop in silver price??)

April 27.2017/Strange!! no change in inventory at the SLV/Inventory remains at 330.283 million oz  (no liquidation???)

APRIL 26/2017/another huge deposit of 2.934 million oz into the SLV/Inventory rests at 330.283 million oz

April 25/a huge deposit of 1.98 million of into inventory/inventory rests at 327.349 million oz/

April 24/no changes in inventory at the SLV/Inventory rests at 325.361 million oz/

April 21/A WITHDRAWAL OF 719,000 OZ OF SILVER AT THE SLV/INVENTORY RESTS AT 325.361 MILLION OZ/

APRIL 20/NO CHANGES IN INVENTORY AT THE SLV/INVENTORY RESTS AT 326.308 MILLION OZ

April 19/a withdrawal of 1.893 million oz/inventory rests at 326.308 million oz/

April 18/no changes in inventory at the SLV/Inventory rests at 328.201 million oz

April 17/no changes in inventory at the SLV/Inventory rests at 328.201 million oz

April 13/no changes in inventory at the SLV/Inventory rests at 328.201 million oz

April 12/no changes in inventory at the SLV/Inventory rests at 328.201 million oz/

April 11/a paper deposit of 11.131 million oz into the SLV/no doubt yesterday’s entry of a withdrawal of 11.231 million oz was in error/328.201 million oz

April 10/ a paper withdrawal of 11.231 million oz of silver from the SLV and this silver was used in the raid today. Inventory rests at 317.231 million oz

April 7./ a withdrawal of 947,000 oz of silver from the SLV/Inventory rests at 328.201 million oz.

April 6/a tiny withdrawal of 136,000 oz of silver from the SLV/Inventory rests at 329.148 million oz

April 5/ a withdrawal of 1.042 million oz from the SLV/Inventory rests at 329.284 million oz

April 4/no change in inventory at the SLV/Inventory rests at 330.326 million oz/

April 3.2017; a withdrawal of 568,000 oz from the SLV/Inventory rests at 330.326

million oz/

March 31/no change in inventory at the SLV/Inventory rests at the SLV/Inventory rests at 330.894 million oz/
March 30/a huge withdrawal of 2.746 million oz from the SLV/inventory rests at 330.894 million oz/
March 29/a deposit of 1.136 million oz into the SLV/Inventory rests at 333.640 million oz
 
 
May 8.2017: Inventory 334.777  million oz