London Has No Way To Obtain Silver From Russia, A Major Supplier

Now that Fed Chair Powell has finished his testimony, gold & silver will rise in price…

by Harvey Organ of Harvey Organ Blog

MARCH 3//FED CHAIRMAN FINISHES HIS TALK EARLY THIS AFTERNOON AND NOW GOLD AND SILVER WILL RISE: GOLD PRICE UP $13.95 TO $1935//SILVER UP 2 CENTS TO $25.14//GOLD STANDING FOR MARCH RISES BY A STRONG QUEUE JUMP OF 4900 OZ: NEW STANDING A VERY STRONG 17.409 TONNES//SILVER OZ STANDING DECLINES BY A WHOPPING 1.3MILLION OZ AS NO SILVER IS AROUND//NEW STANDING 40.715 MILLION OZ//

GOLD;  $1935.00 UP $13.95

SILVER: $25.14 UP $0.02

ACCESS MARKET: GOLD $1936.60

SILVER: $25.19

 Bitcoin morning price:  $43,563 DOWN  $207

Bitcoin: afternoon price: $42,199 DOWN 1571

Platinum price: closing UP $5.25 to $1081.25

Palladium price; closing UP $114.00  at $2787.45

END

end

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comex notices/

March: JPMorgan stopped/total issued 0



NUMBER OF NOTICES FILED TODAY FOR  Mar. CONTRACT:0 NOTICE(S) FOR nil OZ  (0  TONNES)

total notices so far:  3681 contracts for 368,100 oz (11.449 tonnes)

SILVER NOTICES: 

268 NOTICE(S) FILED TODAY FOR  1,340,000   OZ/

total number of notices filed so far this month  4456  :  for 22,280,000  oz

END

Russia is a major supplier of silver to London while Mexico supplies the COMEX

With the sanctions, London has no way to obtain silver other than compete with NY.

END

GLD

WITH GOLD UP $13.95

WITH RESPECT TO GLD WITHDRAWALS:  (OVER THE PAST FEW MONTHS):

GOLD IS “RETURNED” TO THE BANK OF ENGLAND WHEN CALLING IN THEIR LEASES: THE GOLD NEVER LEAVES THE BANK OF ENGLAND IN THE FIRST PLACE. THE BANK IS PROTECTING ITSELF IN CASE OF COMMERCIAL FAILURE

ALSO INVESTORS SWITCHING TO SPROTT PHYSICAL  (phys) INSTEAD OF THE FRAUDULENT GLD//

A HUGE CHANGE IN GLD INVENTORY//A DEPOSIT OF 7.84 TONNES OF GOLD INTO THE GLD//

INVENTORY RESTS AT 1050.22 TONNES

Silver//SLV

WITH NO SILVER AROUND AND SILVER UP $0.02

AT THE SLV//

INVESTORS ARE SWITCHING SLV TO SPROTT’S PSLV

NO CHANGES IN SILVER INVENTORY AT THE SLV/

FROM THE SLV. 

CLOSING INVENTORY: 545.854 MILLION OZ

Let us have a look at the data for today

SILVER//OUTLINE


SILVER COMEX OI ROSE BY A STRONG  1402 CONTRACTS TO 159,321  AND CLOSER TO THE NEW RECORD OF 244,710, SET FEB 25/2020 AND WITH  THIS STRONG GAIN IN OI, IT WAS ACCOMPANIED WITH OUR  $0.32 LOSS  IN SILVER PRICING AT THE COMEX ON WEDNESDAY.  OUR BANKERS WERE SUCCESSFUL IN KNOCKING THE PRICE OF SILVER DOWN (IT FELL BY $0.32) BUT WERE  UNSUCCESSFUL IN KNOCKING OUT ANY SILVER LONGS  AS WE HAD A HUGE  GAIN OF 4030 CONTRACTS ON OUR TWO EXCHANGES 

WE  MUST HAVE HAD: 
I) HUGE BANKER SHORT COVERING AS THEY ARE VERY ANXIOUS TO GET OUT OF DODGE!!/. II)WE ALSO HAD  SOME  REDDIT RAPTOR BUYING//.   iii)  A STRONG ISSUANCE OF EXCHANGE FOR PHYSICALS iiii) A HUGE INITIAL SILVER STANDING FOR COMEX SILVER MEASURING AT 42.860 MILLION OZ FOLLOWED BY TODAY’S EFP OF 1,360,000 OZ //NEW STANDING 40.715 //         V)    huge SIZED COMEX OI GAIN/

 I AM NOW RECORDING THE DIFFERENTIAL IN OI FROM PRELIMINARY TO FINAL: 


THE DIFFERENTIAL FROM PRELIMINARY OI TO FINAL OI SILVER TODAY: CONTRACTS  +528  ???

HISTORICAL ACCUMULATION OF EXCHANGE FOR PHYSICALS  MAR. ACCUMULATION FOR EFP’S SILVER/JPMORGAN’S HOUSE OF BRIBES/STARTING FROM FIRST DAY/MONTH OF MAR: 

TOTAL CONTACTS for 3 days, total  contracts: :  5824 contracts or 29.120 million oz  OR 9.706 MILLION OZ PER DAY. (1941 CONTRACTS PER DAY)

TOTAL NO OF OZ UNDERGOING EFP TO LONDON 5824 CONTRACTS X 5,000 PER CONTRACT:

EQUATES TO: 29.120 MILLION OZ

.

LAST 10 MONTHS TOTAL EFP CONTRACTS ISSUED  IN MILLIONS OF OZ:

MAY 137.83 MILLION

JUNE 149.91 MILLION OZ

JULY 129.445 MILLION OZ

AUGUST: MILLION OZ 140.120 

SEPT. 28.230 MILLION OZ//

OCT:  94.595 MILLION OZ

NOV: 131.925 MILLION OZ

DEC: 100.615 MILLION OZ 

JAN 2022//  90.460 MILLION OZ

FEB 2022:  72.39 MILLION OZ//

MARCH: 29.120 MILLION OZ//

RESULT: WE HAD A HUGE  SIZED INCREASE IN COMEX OI SILVER COMEX CONTRACTS OF 1930 DESPITE OUR STRONG  $0.32  LOSS SILVER PRICING AT THE COMEX// WEDNESDAY  THE CME NOTIFIED US THAT WE HAD A  STRONG  SIZED EFP ISSUANCE OF  2100 CONTRACTS( 2100 CONTRACTS ISSUED FOR MAR AND 0 CONTRACTS ISSUED FOR ALL OTHER MONTHS) WHICH  EXITED OUT OF THE SILVER COMEX  TO LONDON  AS FORWARDS    THE DOMINANT FEATURE TODAY: /HUGE BANKER SHORT COVERING AS THEY GET OUT OF DODGE//// WE HAVE A HUGE INITIAL SILVER OZ STANDING FOR MAR. OF 42.860 MILLION OZ  FOLLOWED BY TODAY’S 1,360,000 OZ EFP TO LONDON  ///  .. WE HAD A VERY STRONG SIZED GAIN OF 3502 OI CONTRACTS ON THE TWO EXCHANGES FOR 17.510MILLION OZ 

 WE HAD 268 NOTICES FILED TODAY FOR  1,340,000 OZ

GOLD//OUTLINE

IN GOLD, THE COMEX OPEN INTEREST FELL BY A FAIR SIZED 2,773 CONTRACTS  TO 612,827 AND FURTHER FORM  OUR NEW RECORD (SET JAN 24/2020) AT 799,541 AND  PREVIOUS TO THAT: (SET JAN 6/2020) AT 797,110.

THE DIFFERENTIAL FROM PRELIMINARY OI TO FINAL OI IN GOLD TODAY: +195  CONTRACTS.

THE BIS HAS ABANDONED THE GOLD COMEX TRADING!!!

.

THE  FAIR SIZED DECREASE IN COMEX OI CAME WITH OUR STRONG LOSS IN PRICE OF $20.80//COMEX GOLD TRADING/WEDNESDAY/.AS IN SILVER WE MUST  HAD  HUGE BANKER/ALGO SHORT COVERING ACCOMPANYING OUR STRONG SIZED EXCHANGE FOR PHYSICAL ISSUANCE. WE HAD ZERO LONG LIQUIDATION   AS THE TOTAL GAIN ON OUR TWO EXCHANGES TOTALED A TINY 31 CONTRACTS…

WE ALSO HAD A HUGE INITIAL STANDING IN GOLD TONNAGE FOR MARCH AT 14.818 TONNES FOLLOWED BY TODAY’S QUEUE JUMP OF 4900 OZ//NEW STANDING 17.409 TONNES 

YET ALL OF..THIS HAPPENED WITH OUR LOSS IN PRICE OF   $20.80 WITH RESPECT TO WEDNESDAY’S TRADING

WE HAD A TINY SIZED GAIN OF 226  OI CONTRACTS (0.7029 PAPER TONNES) ON OUR TWO EXCHANGES

E.F.P. ISSUANCE

THE CME RELEASED THE DATA FOR EFP ISSUANCE AND IT TOTALED A FAIR SIZED  42999 CONTRACTS:

The NEW COMEX OI FOR THE GOLD COMPLEX RESTS AT 612,827.

IN ESSENCE WE HAVE A TINY SIZED INCREASE IN TOTAL CONTRACTS ON THE TWO EXCHANGES OF 226, WITH 2773 CONTRACTS DECREASED AT THE COMEX AND 2999 EFP OI CONTRACTS WHICH NAVIGATED OVER TO LONDON. THUS  TOTAL OI GAIN ON THE TWO EXCHANGES OF 226 CONTRACTS OR 0.7029TONNES.

CALCULATIONS ON GAIN/LOSS ON OUR TWO EXCHANGES

WE HAD A FAIR SIZED ISSUANCE IN EXCHANGE FOR PHYSICALS (2999) ACCOMPANYING THE FAIR SIZED LOSS IN COMEX OI (2773,): TOTAL GAIN IN THE TWO EXCHANGES 226 CONTRACTS. WE NO DOUBT HAD 1) HUGE BANKER SHORT COVERING ,2.) HUGE INITIAL STANDING AT THE GOLD COMEX FOR MARCH. AT 14.818 TONNES FOLLOWED BY TODAY’S QUEUE JUMP OF 4900 OZ//NEW STANDING 17.409 TONNES ///  3) ZERO LONG LIQUIDATION/. ,4)  FAIR SIZED COMEX OI. LOSS 5) FAIR ISSUANCE OF EXCHANGE FOR PHYSICAL/

HISTORICAL ACCUMULATION OF EXCHANGE FOR PHYSICALS IN 2022 INCLUDING TODAY

MARCH

ACCUMULATION OF EFP’S GOLD AT J.P. MORGAN’S HOUSE OF BRIBES: (EXCHANGE FOR PHYSICAL) FOR THE MONTH OF MAR :

14,223 CONTRACTS OR 1,422,300 OR 44.23  TONNES 3 TRADING DAY(S) AND THUS AVERAGING: 4743 EFP CONTRACTS PER TRADING DAY

TO GIVE YOU AN IDEA AS TO THE  SIZE OF THESE EFP TRANSFERS :  THIS MONTH IN 3 TRADING DAY(S) IN  TONNES: 44.23 TONNES

TOTAL ANNUAL GOLD PRODUCTION, 2020, THROUGHOUT THE WORLD EX CHINA EX RUSSIA: 3555 TONNES

THUS EFP TRANSFERS REPRESENTS  44.23/3550 x 100% TONNES  1.23% OF GLOBAL ANNUAL PRODUCTION

ACCUMULATION OF GOLD EFP’S YEAR 2021 TO 2022 

JANUARY/2021: 265.26 TONNES (RAPIDLY INCREASING AGAIN)

 FEB  :  171.24 TONNES  ( DEFINITELY SLOWING DOWN AGAIN).. 

MARCH:.   276.50 TONNES (STRONG AGAIN/

APRIL:      189..44 TONNES  ( DRAMATICALLY SLOWING DOWN AGAIN//GOLD IN BACKWARDATION)

MAY:        250.15 TONNES  (NOW DRAMATICALLY INCREASING AGAIN)

JUNE:      247.54 TONNES (FINAL)

JULY:        188.73 TONNES FINAL

AUGUST:   217.89 TONNES FINAL ISSUANCE.

SEPT          142.12 TONNES FINAL ISSUANCE ( LOW ISSUANCE)_

OCT:           141.13 TONNES FINAL ISSUANCE (LOW ISSUANCE)

NOV:           312.46 TONNES FINAL ISSUANCE//NEW RECORD!! (INCREASING DRAMATICALLY)//SIGN OF REAL STRESS//SURPASSING THE MARCH 2021 RECORD OF 276.50 TONNES OF EFP

DEC.           145.12 TONNES//FINAL ISSUANCE// 

JAN:2022   247.25 TONNES //FINAL

FEB:           196.04 TONNES//FINAL

MARCH:  44.23 TONNES INITIAL

SPREADING OPERATIONS

(/NOW SWITCHING TO GOLD) FOR NEWCOMERS, HERE ARE THE DETAILS

SPREADING LIQUIDATION HAS NOW COMMENCED   AS WE HEAD TOWARDS THE  NEW ACTIVE FRONT MONTH OF APRIL.WE ARE NOW INTO THE SPREADING OPERATION OF GOLD

HERE IS A BRIEF SYNOPSIS OF HOW THE CROOKS FLEECE UNSUSPECTING LONGS IN THE SPREADING ENDEAVOUR ;MODUS OPERANDI OF THE CORRUPT BANKERS AS TO HOW THEY HANDLE THEIR SPREAD OPEN INTERESTS:HERE IS HOW THE CROOKS USED SPREADING AS WE ARE NOW INTO THE  NON ACTIVE DELIVERY MONTH OF MARCH HEADING TOWARDS THE  ACTIVE DELIVERY MONTH OF APRIL, FOR GOLD:

YOU WILL ALSO NOTICE THAT THE COMEX OPEN INTEREST  STARTS TO RISE BUT SO IS THE OPEN INTEREST OF SPREADERS. THE OPEN INTEREST IN WILL CONTINUE TO RISE UNTIL ONE WEEK BEFORE FIRST DAY NOTICE OF AN UPCOMING  ACTIVE DELIVERY MONTH (MAR), AND THAT IS WHEN THE CROOKS SELL THEIR SPREAD POSITIONS BUT NOT AT THE SAME TIME OF THE DAY.  THEY WILL USE THE SELL SIDE OF THE EQUATION TO CREATE THE CASCADE (ALONG WITH THEIR COLLUSIVE FRIENDS) AND THEN COVER ON THE BUY SIDE OF THE SPREAD SITUATION AT THE END  OF THE DAY. THEY DO THIS TO AVOID POSITION LIMIT DETECTION. THE LIQUIDATION OF THE SPREADING FORMATION CONTINUES FOR EXACTLY ONE WEEK AND ENDS ON FIRST DAY NOTICE.”

WHAT IS ALARMING TO ME, ACCORDING TO OUR LONDON EXPERT ANDREW MAGUIRE IS THAT THESE EFP’S ARE BEING TRANSFERRED TO WHAT ARE CALLED SERIAL FORWARD CONTRACT OBLIGATIONS AND THESE CONTRACTS ARE LESS THAN 14 DAYS.  ANYTHING GREATER THAN 14 DAYS, THESE MUST BE RECORDED AND SENT TO THE COMPTROLLER, GREAT BRITAIN TO MONITOR RISK TO THE BANKING SYSTEM.  IF THIS IS INDEED TRUE, THEN THIS IS A MASSIVE CONSPIRACY TO DEFRAUD AS WE NOW WITNESS A MONSTROUS TOTAL EFP’S ISSUANCE AS IT HEADS INTO THE STRATOSPHERE

COMEX DATA//AMOUNTS STANDING//VOLUME OF TRADING/INVENTORY MOVEMENTS

GOLD

LET US BEGIN:

THE TOTAL COMEX GOLD OPEN INTEREST FELL BY A FAIR SIZED 2,773 CONTRACTS  AND FURTHER FROM THE RECORD THAT WAS SET IN JANUARY/2020: {799,541  OI(SET JAN 16/2020)} AND  PREVIOUS TO THAT: 797,110 (SET JAN 7/2020). AND THIS  COMEX INCREASE OCCURRED WITH OUR HUGE LOSS OF $20.80 IN GOLD PRICING WEDNESDAY’S COMEX TRADING. WE ALSO HAD A FAIR SIZED EFP (2999 CONTRACTS). . THEY WERE PAID HANDSOMELY  NOT TO TAKE DELIVERY AT THE COMEX AND SETTLE FOR CASH. 

WE NORMALLY HAVE WITNESSED  EXCHANGE FOR PHYSICALS ISSUED BEING SMALL AS IT JUST TOO COSTLY FOR THEM TO CONTINUE SERVICING THE COSTS OF SERIAL FORWARDS CIRCULATING IN LONDON. HOWEVER, MUCH TO THE ANNOYANCE OF OUR BANKERS, THE COMEX IS THE SCENE OF AN ASSAULT ON GOLD AS LONDONERS, NOT BEING ABLE TO FIND ANY PHYSICAL ON THAT SIDE OF THE POND, EXERCISE THESE CIRCULATING EXCHANGE FOR PHYSICALS IN LONDON AND FORCING DELIVERY OF REAL METAL OVER HERE AS THE OBLIGATION STILL RESTS WITH NEW YORK BANKERS. IT SEEMS THAT ARE BANKERS FRIENDS ARE EXERCISING EFP’S FROM LONDON AND NOW THEY ARE LOATHE TO ISSUE NEW ONES.

EXCHANGE FOR PHYSICAL ISSUANCE

WE ARE NOW MOVING TO THE   NON ACTIVE DELIVERY MONTH OF MAR..  THE CME REPORTS THAT THE BANKERS ISSUED A FAIR SIZED TRANSFER THROUGH THE EFP ROUTE AS THESE LONGS RECEIVED A DELIVERABLE LONDON FORWARD TOGETHER WITH A FIAT BONUS.,

THAT IS 2999 EFP CONTRACTS WERE ISSUED:  ;: ,   & FEB. 0 APRIL:2999 & ZERO FOR ALL OTHER MONTHS:

TOTAL EFP ISSUANCE:  2999 CONTRACTS 

WHEN WE HAVE BACKWARDATION,  EFP ISSUANCE IS VERY COSTLY BUT THE REAL PROBLEM IS THE SCARCITY OF METAL AND IT IS FAR BETTER FOR OUR BANKERS TO PAY OFF INDIVIDUALS THAN RISK INVESTORS ESPECIALLY FROM LONDON STANDING FOR DELIVERY. THE LOWER PRICES IN THE FUTURES MARKET IS A MAGNET FOR OUR LONDONERS SEEKING PHYSICAL METAL. BACKWARDATION ALWAYS EQUAL SCARCITY OF METAL!

ON A NET BASIS IN OPEN INTEREST WE GAINED THE FOLLOWING TODAY ON OUR TWO EXCHANGES: A  TINY SIZED  TOTAL OF 31 CONTRACTS IN THAT 2999 LONGS WERE TRANSFERRED AS FORWARDS TO LONDON AND WE HAD A FAIR SIZED  COMEX OI LOSS OF 2968  CONTRACTS..

// WE HAVE A STRONG AMOUNT OF GOLD TONNAGE STANDING FOR MAR   (17.409),

 HERE ARE THE AMOUNTS THAT STOOD FOR DELIVERY IN THE PRECEDING 12 MONTHS OF 2021:

DEC 2021: 112.217 TONNES

NOV.  8.074 TONNES

OCT.    57.707 TONNES

SEPT: 11.9160 TONNES

AUGUST: 80.489 TONNES

JULY: 7.2814 TONNES

JUNE:  72.289 TONNES

MAY 5.77 TONNES

APRIL  95.331 TONNES

MARCH 30.205 TONNES

FEB ’21. 113.424 TONNES

JAN ’21: 6.500 TONNES.

TOTAL SO FAR THIS YEAR (JAN- DEC): 601.213 TONNES

FEB 2022: 59.023 TONNES

MARCH: 17.409 TONNES

THE BANKERS WERE SUCCESSFUL IN LOWERING GOLD’S PRICE  //// (IT FELL $20.80) BUT  THEY WERE  UNSUCCESSFUL IN FLEECING ANY LONGS AS WE HAVE  REGISTERED A TINY SIZED GAIN  OF 0.7029 TONNES OF TOTAL OI, ACCOMPANYING OUR HUGE GOLD TONNAGE STANDING FOR MAR (17.409 TONNES)…

WE HAD  + 195 CONTRACTS REMOVED FROM COMEX TRADES. THESE WERE REMOVED AFTER TRADING ENDED LAST NIGHT

NET GAIN ON THE TWO EXCHANGES 226 CONTRACTS OR 2600 OZ OR 0.7029 TONNES

Estimated gold volume today: 225,091 ///FAIR

Confirmed volume yesterday: 236,486 contracts  fair  to good

INITIAL STANDINGS FOR MAR ’22 COMEX GOLD //

or today:

0 dealer deposit 

total dealer deposit nil oz

No dealer withdrawal 0

0 customer deposit

total deposit: NIL oz

1 customer withdrawal

i) Brinks: 3973.377 oz

total withdrawals:  3973.377     oz  

ADJUSTMENTS:  1//dealer to customer//JPMorgan

15,502.595 oz (dealer to customer/JPM)

CALCULATIONS FOR THE AMOUNT OF GOLD STANDING FOR MARCH.

For the front month of MARCH we have an oi of 1916 contracts having gained 19

We had 30 notices filed yesterday so strangely on day 4 we gained a STRONG 49 contracts or 4,900 oz will  stand for delivery and these guys refused again to be EFP’d over to London. They must

be after a huge amount of gold on this side of the pond.

April saw a LOSS of 7093 contracts up to 454,553.

May saw a gain of 507 contracts to stand at 545

June saw a GAIN of 2679 contracts up to 97,256 contracts

We had 0 notice(s) filed today for 0  oz FOR THE MAR 2022 CONTRACT MONTH. 


Today, 0 notice(s) were issued from J.P.Morgan dealer account and 0 notices were issued from their client or customer account. The total of all issuance by all participants equates to 0 contract(s) of which 0  notices were stopped (received) by j.P. Morgan dealer and 0 notice(s) was (were) stopped/ Received) by J.P.Morgan//customer account and 0  notice(s) received (stopped) by the squid  (Goldman Sachs)

To calculate the INITIAL total number of gold ounces standing for the FEB /2021. contract month, 

we take the total number of notices filed so far for the month (3681) x 100 oz , to which we add the difference between the open interest for the front month of  (MAR: 1916 CONTRACTS ) minus the number of notices served upon today  0 x 100 oz per contract equals 559,700 OZ  OR 17.409 TONNES the number of TONNES standing in this  active month of mar. 

thus the INITIAL standings for gold for the MAR contract month:

No of notices filed so far (3681) x 100 oz+   (1916)  OI for the front month minus the number of notices served upon today (0} x 100 oz} which equals 559,700 oz standing OR 17.409 TONNES in this  NON active delivery month of MAR.

TOTAL COMEX GOLD STANDING:  17.409 TONNES  (A WHOPPER FOR A MAR (NON ACTIVE) DELIVERY MONTH)

XXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXX

COMEX GOLD INVENTORIES/CLASSIFICATION

NEW PLEDGED GOLD:

178,539.763, oz NOW PLEDGED /HSBC  5.55 TONNES

123,963.792 PLEDGED  MANFRA 3.86 TONNES

54,339.114oz PLEDGED JPMorgan no 1  1.690 tonnes

262,049.904, oz  JPM No 2  8.15 TONNES

898,821.330 oz pledged  Brinks/27,96 TONNES

12,249,333 oz International Delaware:  0..3810 tonnes

Loomis: 18,615.429 oz

total pledged gold:  1,548,578.620 oz                                     48.16 tonnes

TOTAL REGISTERED AND ELIG GOLD AT THE COMEX: 32,593,024.501  OZ (1013.77 TONNES)

TOTAL ELIGIBLE GOLD: 15,207,229.430 OZ (473.00 tonnes)

TOTAL OF ALL REGISTERED GOLD: 17,385,795.131 OZ  (540.77 tonnes)

REGISTERED GOLD THAT CAN BE SERVED UPON: 15,837,217.0 OZ (REG GOLD- PLEDGED GOLD)  492.60 tonnes

END

MAR 2022 CONTRACT MONTH//SILVER

And now for the wild silver comex results

we had 0 deposits into the dealer

total dealer deposits:  nil       oz

i) We had 0 dealer withdrawal

total dealer withdrawals: nil oz

We have 1 deposits into the customer account

I) Into Brinks:  323,795.840 oz

JPMorgan has a total silver weight: 182.455 million oz/345.121 million =52.85% of comex 

ii) Comex withdrawals: 3

a)Out of CNT 201,250.630 oz

b) Out of jpm:  349,065.670 oz

c) Out of HSBC: 14,952.500

total withdrawal 565,268.800 oz

we had 2 adjustments//

customer to dealer:

1. JPMorgan: 1,491,058.600oz

ii) HSBC:  5054.03 oz

the silver comex is in stress!

TOTAL REGISTERED SILVER: 83.905 MILLION OZ

TOTAL REG + ELIG. 345.121

 MILLION OZ

CALCULATION OF SILVER OZ STANDING FOR MARCH

silver open interest data:

FRONT MONTH OF MARCH OI:  3935, HAVING LOST 365 CONTRACTS FROM YESTERDAY.

WE HAD 93 NOTICES SERVED UPON YESTERDAY, SO WE LOST 272 CONTRACTS OR AN ADDITIONAL 1,360,000 OZ WILL NOT   STAND

 FOR DELIVERY OVER HERE AND THEY WERE EFP’D TO LONDON. THERE IS NO SILVER OVER HERE!!

APRIL HAD A  88 CONTRACT GAIN// CONTRACTS RISING TO 570

MAY HAD A  GAIN OF 1514 CONTRACTS UP TO 129,574 contracts

 .

TOTAL NUMBER OF NOTICES FILED FOR TODAY: 268 for 1,340,000 oz

Comex volumes: 67,549// est. volume today//fair/

Comex volume: confirmed yesterday: 74,135 contracts (fair to good)

To calculate the number of silver ounces that will stand for delivery in MAR. we take the total number of notices filed for the month so far at  4456 x 5,000 oz =. 22,280,000 oz 

to which we add the difference between the open interest for the front month of MAR (1916) and the number of notices served upon today 268 x (5000 oz) equals the number of ounces standing.

Thus the  standings for silver for the MAR./2021 contract month: 4456 (notices served so far) x 5000 oz + OI for front month of MAR (1916)  – number of notices served upon today (268) x 5000 oz of silver standing for the MAR contract month equates 40,715,000 oz. .

the record level of silver open interest is 234,787 contracts set on April 21./2017 with the price on that day at $18.42. The previous record was 224,540 contracts with the price at that time of $20.44

END

GLD AND SLV INVENTORY LEVELS:

MARCH 3/WITH GOLD UP $13.95: A HUGE CHANGE IN GOLD INVENTORY AT THE GLD: A DEPOSIT OF 7.84 TONNES//INVENTORY RESTS AT 1050.22 TONNES

MARCH 2/WITH GOLD DOWN $20.80//A MONSTER CHANGES IN GOLD INVENTORY AT THE GLD: A DEPOSIT OF 13.36 TONNES OF GOLD INTO THE GLD////INVENTORY RESTS AT 1042.38 TONNES

MARCH 1/WITH GOLD UP $42.60: NO CHANGES IN GOLD INVENTORY AT THE GLD: //INVENTORY RESTS AT 1029.32 TONNES

FEB 28/WITH GOLD UP $12.95: NO CHANGES IN GOLD INVENTORY AT THE GLD//INVENTORY RESTS AT 1029.32 TONNES

FEB 25/WITH GOLD DOWN $38.95: NO CHANGES IN GOLD INVENTORY AT THE GLD//INVENTORY RESTS AT 1029.32 TONNES

FEB 24/WITH GOLD UP $17.35//A HUGE  CHANGE AT THE GLD: 5.23 TONNES INTO THE GLD// IN GOLD INVENTORY AT THE GLD/INVENTORY REST AT 1029.32 TONNES

FEB 23/WITH GOLD UP $2.00 : NO CHANGES IN GOLD INVENTORY AT THE GLD//INVENTORY RESTS AT 1024.09 TONNES

FEB 22/WITH GOLD UP $6.20: A HUGE CHANGE IN GOLD INVENTORY AT THE GLD: A DEPOSIT OF 4.65 TONNES OF GOLD INTO THE GLD////INVENTORY RESTS AT 1024.09 TONNES

FEB 18/WITH GOLD DOWN $1.80: NO CHANGES IN GOLD INVENTORY AT THE GLD//INVENTORY RESTS AT 1019.44 TONNES

FEB 17/WITH GOLD UP $29.50: NO CHANGES IN GOLD INVENTORY AT THE GLD//INVENTORY RESTS AT 1019.44 TONNES

FEB 16/WITH GOLD UP 414.60 NO CHANGES IN GOLD INVENTORY AT THE GLD//INVENTORY RESTS AT 1019.44 TONNES

FEB 15/WITH GOLD DOWN $12.70 NO CHANGES IN GOLD INVENTORY AT THE GLD//INVENTORY RESTS AT 1019.44 TONNES

FEB 14/WITH GOLD UP $27.20 NO CHANGES IN GOLD INVENTORY AT THE GLD//INVENTORY RESTS AT 1019.44 TONNES

FEB 11/WITH GOLD UP $4.50 A HUGE CHANGE IN GOLD IVNETORY AT THE GLD// A DEPOSIT OF 3.48 TONNES INTO THE GLD//INVENTORY RESTS AT 1019.44 TONES

FEB 10/WITH GOLD UP $1.00: NO CHANGES IN GOLD INVENTORY AT THE GLD///INVENTORY RESTS AT 1015.96 TONNES

FEB 9/WITH GOLD UP $8.05//NO CHANGES IN GOLD INVENTORY AT THE GLD//INVENTORY RESTS AT 1015.96 TONNES

FEB 8/WITH GOLD UP $5.95 TODAY: A HUGE CHANGES IN GOLD INVENTORY AT THE GLD: A DEPOSIT OF 4.36 TONNES INTO THE GLD//INVENTORY RESTS AT 1015.96 TONNES

FEB 7/WITH GOLD UP $14.00 TODAY: A HUGE CHANGE IN GOLD INVENTORY AT THE GLD: A WITHDRAWAL OF 3.24 TONNES FROM THE GLD/////INVENTORY RESTS AT 1011.60 TONNES//

FEB 4/WITH GOLD UP $3.40 TODAY: A HUGE CHANGE IN GOLD INVENTORY AT THE GLD: A WITHDRAWAL OF 1.75 TONNES FROM THE GLD////INVENTORY RESTS AT 1014.84 TONNES

FEB 3/WITH GOLD DOWN $5.55: HUGE CHANGES IN GOLD INVENTORY AT THE GLD: A WITHDRAWAL OF 1.45 TONNES FROM THE GLD////INVENTORY RESTS AT 1016.59 TONNES

FEB 2/WITH GOLD UP $7.95//A HUGE CHANGES IN GOLD INVENTORY AT THE GLD: A DEPOSIT OF 3.78 TONES OF GOLD INTO THE GLD////INVENTORY RESTS AT 1018.04 TONNES

FEB 1/WITH GOLD UP $5.40: NO CHANGES IN GOLD INVENTORY AT THE GLD//INVENTORY RESTS AT 1014.26 TONNES

CLOSING INVENTORY FOR THE GLD//1050.22 TONNES

Now the SLV Inventory/( vehicle is a fraud as there is no physical metal behind them

MARCH 3/WITH SILVER UP 2 CENTS TODAY: NO CHANGES IN SILVER INVENTORY AT THE SLV//INVENTORY RESTS AT 545.854 MILLION OZ//

MARCH 2/WITH SILVER DOWN $.32 TODAY: A SMALL CHANGES IN SILVER INVENTORY AT THE SLV: A WITHDRAWAL OF 198,000 OZ FROM THE SLV//INVENTORY RESTS AT 545.854 MILLION OZ//

MARCH 1/WITH SILVER UP $1.13 TODAY: NO CHANGES IN SILVER INVENTORY AT THE SLV//INVENTORY RESTS AT 546.052 MILLION OZ//

FEB 28/WITH SILVER UP 31 CENTS TODAY: NO CHANGES IN SILVER INVENTORY AT THE SLV//INVENTORY REST AT 546.052 MILLION OZ//

FEB 25/WITH SILVER DOWN 64 CENTS TODAY: A HUGE CHANGE IN SILVER INVENTORY AT THE SLV: A WITHDRAWAL OF 5.510 MILLION OZ FROM THE SLV///INVENTORY RESTS AT 546.052 MILLION OZ/

FEB 24/WITH SILVER UP 15 CENTS TODAY: NO CHANGES IN SILVER INVENTORY AT THE SLV//INVENTORY RESTS AT 551.597 MILLION OZ

FEB 23/WITH SILVER UP 22 CENTS TODAY; NO CHANGES IN SILVER INVENTORY AT THE SLV//INVENTORY RESTS AT 551.597 MILLION OZ//

FEB 22/WITH SILVER UP 30 CENTS TODAY: A SMALL CHANGE IN SILVER INVENTORY AT THE SLV: A DEPOSIT OF 350,000 OZ INTO THE SLV///INVENTORY RESTS AT 551.597 MILLION OZ//

FEB 18/WITH SILVER UP 7 CENTS TODAY: A HUGE CHANGE IN SILVER INVENTORY AT THE SLV: A DEPOSIT OF 1.017 MILLION OZ INTO THE SLV//INVENTORY RESTS AT 551.227 MILLION OZ

FEB 17/WITH SILVER UP 31 CENTS TODAY: A HUGE CHANGE IN SILVER INVENTORY AT THE SLV: A DEPOSIT OF 2.402 MILLION OZ//INVENTORY RESTS AT 550.210 MILLION OZ/

FEB 16/WITH SILVER UP 21 CENTS TODAY: NO CHANGES IN SILVER INVENTORY AT THE SLV//INVENTORY RESTS AT 547.808 MILLIONOZ

FEB 15/WITH SILVER DOWN 46 CENTS TODAY : NO CHANGES IN SILVER INVENTORY AT THE SLV//INVENTORY RESTS AT 547.808 MILLION OZ//

FEB 14/WITH SILVER UP 49 CENTS TODAY; A HUGE CHANGES IN SILVER INVENTORY AT THE SLV: A DEPOSIT OF 3.235 MILLION OZ INTO THES LV////INVENTORY RESTS AT 547.808 MILLION OZ

FEB 11/WITH SILVER DOWN 18 CENTS TODAY:NO CHANGES IN SILVER INVENTORY AT THE SLV//INVENTORY RESTS AT 544.573 MILLION OZ///

SLV/FEB 10/WITH SILVER UP 19 CENTS TODAY: NO CHANGES IN SILVER INVENTORY AT THE SLV//INVENTORY RESTS AT 544.573 MILLION OZ//

FEB 9/WITH SILVER UP 14 CENTS TODAY; NO CHANGES IN SILVER INVENTORY AT THE SLV//INVENTORY RESTS AT 544.573 MILLION OZ//

FEB 8/WITH SILVER UP 15 CENTS TODAY: A HUGE CHANGE IN SILVER INVENTORY AT THE SLV: A DEPOSIT OF 3.143 MILLION OZ INTO THE SLV////INVENTORY RESTS AT 544.573 MILLION OZ//

FEB 7/WITH SILVER UP 52 CENTS TODAY: A BIG CHANGE IN SILVER INVENTORY AT THE SLV: A DEPOSIT OF 2.218 MILLION OZ INTO THE SLV///INVENTORY RESTS AT 541.430 MILLION OZ/

FEB 4/WITH SILVER UP 16 CENTS TODAY: NO CHANGES IN SILVER INVENTORY AT THE SLV//INVENTORY RESTS AT 539.212 MILION OZ

FEB 3/WITH SILVER DOWN 35 CENTS: NO CHANGES IN SILVER INVENTORY AT THE SLV//INVENTORY RESTS AT539.212 MILLION OZ//

FEB 2/WITH SILVER UP 15 CENTS TODAY: A HUGE CHANGE IN SILVER INVENTORY AT THE SLV: A DEPOSIT OF 5.411 MILLION OZ INTO THE SLV.//INVENTORY RESTS AT 539.212 MILLION OZ/

FEB 1/WITH SILVER UP 18 CENTS TODAY: NO CHANGES IN SILVER INVENTORY AT THE SLV//INVENTORY RESTS AT 533.801 MILLION OZ

SLV FINAL INVENTORY FOR TODAY: 545.854 MILLION OZ//

END