Somebody Is Taking The COMEX Head On And Trying To Drain ALL Of Its Silver

Harvey Organ says a huge amount of silver is standing for delivery. Here’s the details…

by Harvey Organ of Harvey Organ Blog

DEC 14/GOLD UP $8.60 TO $1254.90/SILVER IS UP 7 CENTS TO $15.92/QUEUE JUMPING IN BOTH GOLD AND SILVER COMEX/COMEX GOLD EFP’S ISSUANCE AT 17,961/COMEX SILVER EFP ISSUANCE: 1492/MORE “SWAMP” NEWS/

GOLD: $1254.90 UP $8.60

Silver: $15.92 UP 7 cents

Closing access prices:

Gold $1253.20

silver: $15.91

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: $1254.20 DOLLARS PER OZ

NY PRICE OF GOLD AT EXACT SAME TIME: $1243.80

PREMIUM FIRST FIX: $10.40

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SECOND SHANGHAI GOLD FIX: $1268.54

NY GOLD PRICE AT THE EXACT SAME TIME: $1256.90

Premium of Shanghai 2nd fix/NY:$11.64

SHANGHAI REJECTS NY /LONDON PRICING OF GOLD

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LONDON FIRST GOLD FIX: 5:30 am est $1255.60

NY PRICING AT THE EXACT SAME TIME: $1255.10

LONDON SECOND GOLD FIX 10 AM: $1251.00

NY PRICING AT THE EXACT SAME TIME. 1255.10 ???

For comex gold:

DECEMBER/

 NUMBER OF NOTICES FILED TODAY FOR DECEMBER CONTRACT:  288 NOTICE(S) FOR 28,800 OZ.

TOTAL NOTICES SO FAR: 7010 FOR 701,000 OZ (21.804 TONNES),

For silver:

DECEMBER

270 NOTICE(S) FILED TODAY FOR

1,350,000 OZ/

Total number of notices filed so far this month: 5798 for 28,990,000 oz

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Bitcoin: BID $16,138/OFFER $16,500, UP $86 (morning)

BITCOIN : BID $16,397 :  OFFER 16,571  UP $91 (CLOSING)

end

Let us have a look at the data for today

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In silver, the total open interest SURPRISINGLY ROSE BY A GOOD SIZED 3313 contracts from 202,797 RISING TO 206,110 WITH YESTERDAY’S FAIR  SIZED 20 CENT RISE IN SILVER PRICING.  WE HAD NO  COMEX LIQUIDATION AND 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:   1492 EFP’S FOR MARCH (AND ZERO FOR DEC AND OTHER MONTHS) AND THUS TOTAL ISSUANCE OF 1492 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 1492 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. YESTERDAY WITNESSED 2503 EFP’S FOR SILVER ISSUED.

ACCUMULATION FOR EFP’S/SILVER/ STARTING FROM FIRST DAY NOTICE/FOR MONTH OF DECEMBER:

31,337 CONTRACTS (FOR 10 TRADING DAYS TOTAL 31,337 CONTRACTS OR 156.68 MILLION OZ: AVERAGE PER DAY: 3,133 CONTRACTS OR 15.665 MILLION OZ/DAY)

RESULT: A GOOD SIZED RISE IN OI COMEX WITH THE  20 CENT RISE IN SILVER PRICE.  HOWEVER  WE HAD NO SILVER LIQUIDATION AT THE COMEX PLUS  A FAIR SIZED 1492 CONTRACTS  WHICH EXITED OUT OF THE SILVER COMEX AND TRANSFERRED THEIR OI TO LONDON THROUGH THE EFP ROUTE:  FROM THE CME DATA 1492 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 4805 OI CONTRACTS i.e. 1492 open interest contracts headed for London (EFP’s) TOGETHER WITH A INCREASE OF 3313 OI COMEX CONTRACTS. AND ALL OF THIS INCREASED DEMAND  HAPPENED WITH THE FAIR SIZED  RISE IN PRICE OF SILVER BY 20 CENTS AND A  CLOSING PRICE OF $15.85 YESTERDAY. 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. 1.032 BILLION TO BE EXACT or 147% of annual global silver production (ex Russia & ex China).

FOR THE NEW FRONT DECEMBER MONTH/ THEY FILED: 270 NOTICE(S) FOR 1,350,000 OZ OF SILVER

In gold, the open interest ROSE BY WHOPPING 9533 CONTRACTS UP TO 456,151 WITH THE FAIR SIZED GAIN  IN PRICE OF GOLD YESTERDAY ($6.40).  HOWEVER,  THE TOTAL NUMBER OF GOLD EFP’S ISSUED YESTERDAY FOR TODAY  TOTALED AN UNBELIEVABLE  17,961 CONTRACTS OF WHICH THE MONTH OF DECEMBER SAW 0 CONTRACTS AND FEB SAW THE ISSUANCE OF 17,961 CONTRACTS. The new OI for the gold complex rests at 456,151. 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 27,494 OI CONTRACTS: 9,533 OI CONTRACTS INCREASED AT THE  COMEX  AND THE MONSTROUS  17,961 OI CONTRACTS WHICH NAVIGATED OVER TO LONDON.

YESTERDAY, WE HAD 11,317 EFP’S ISSUED.

ACCUMULATION OF EFP’S/ GOLD(EXCHANGE FOR PHYSICAL) FOR THE MONTH OF DECEMBER STARTING WITH FIRST DAY NOTICE:  137,203 CONTRACTS OR 13.720 MILLION OZ OR 426.74 TONNES(10 TRADING DAYS AND THUS AVERAGING: 13,720 EFP CONTRACTS PER TRADING DAY OR 1.3720 MILLION OZ/DAY)

Result: A GOOD SIZED INCREASE IN OI WITH THE RISE IN PRICE IN GOLD TRADING  YESTERDAY ($6.40). WE  HAD A HUMONGOUS  NUMBER OF COMEX LONG TRANSFERRING TO LONDON THROUGH THE EFP ROUTE: 17,961. 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 17,961 EFP CONTRACTS ISSUED, WE HAD A NET GAIN IN OPEN INTEREST OF 27,494  contracts:

17,961 CONTRACTS MOVE TO LONDON AND 9533 CONTRACTS INCREASED THE  COMEX. (in tonnes, the gain yesterday equates to 85.51 which is unbelievable)

we had:  288  notice(s) filed upon for 28,800 oz of gold.

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

GLD:

Today,  A HUGE CHANGES in gold inventory at the GLD/ a deposit of 1.48 tonnes of gold into the GLD>

Inventory rests tonight: 844.29 tonnes.

SLV

A small withdrawal of 377,000 oz and that usually means to pay for fees.

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 9,533  CONTRACTS UP to an OI level of 456,151 WITH THE RISE IN THE PRICE OF GOLD ($6.40 GAIN WITH RESPECT TO YESTERDAY’S TRADING).  WE DID NOT HAVE ANY GOLD  LIQUIDATION ANYWHERE.  WE  HAD A HUMONGOUS 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 17,961 EFP’S WERE ISSUED FOR FEBRUARY FOR A TOTAL OF 17,961 CONTRACTS. THE OBLIGATION STILL RESTS WITH THE BANKERS ON THESE TRANSFERS.

ON A NET BASIS IN OPEN INTEREST WE GAINED TODAY: 27,494 OI CONTRACTS IN THAT 17,961 LONGS WERE TRANSFERRED AS FORWARDS TO LONDON  AND WE GAINED 9,533 COMEX CONTRACTS.  NET GAIN: 27,494 contracts OR 2,749,400 OZ OR 85.51 TONNES

Result: AN FAIR SIZED INCREASE IN COMEX OPEN INTEREST WITH THE RISE IN THE PRICE OF GOLD YESTERDAY ($6.40.)  WE HAD NO REAL GOLD LIQUIDATION ANYWHERE. TOTAL OPEN INTEREST GAIN ON THE TWO EXCHANGES: 27,494 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 fell by 254 contracts down to 2173.  We had 416 notices filed upon yesterday so we gained a whopping 162 COMEX contracts or an additional 16,200 oz will  stand for delivery AT THE COMEX in this active delivery month of December.  YESTERDAY 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 IN EARNEST TODAY AS BANKERS ARE DESPERATE TO GET THEIR HANDS ON PHYSICAL GOLD.

January saw its open interest LOSS OF 161 contracts DOWN to 1820. FEBRUARY saw a GAIN of 1169 contacts down to 338,877.

We had 288 notice(s) filed upon today for 28800 oz

PRELIMINARY VOLUME TODAY ESTIMATED;  263,776

FINAL NUMBERS CONFIRMED FOR YESTERDAY:  342,936

comex gold volumes are increasing dramatically

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And now for the wild silver comex results.

Total silver OI ROSE BY A HUGE 3,313 CONTRACTS  FROM 202,979 UP TO 206,151 WITH YESTERDAY’S  20 CENT GAIN IN PRICE .  HOWEVER WE DID HAVE ANOTHER  1492 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: 1492.  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 4805 OPEN INTEREST CONTRACTS:

3589 CONTRACTS GAIN AT THE COMEX WITH THE ADDITION OF  1492 OI CONTRACTS NAVIGATING OVER TO LONDON.

NET GAIN: 4805 CONTRACTS

We are now in the big active delivery month of December and here the OI ROSE by 63 contracts UP to 851.  We had 44 notice filed upon yesterday so we GAINED 107 contract or an additional 505,000 ozwill  stand in this active delivery month of December.

The January contract month FELL by 8 contracts DOWN to 1344.  February saw a LOSS OF 3 OI contract FALLING TO 32. The March contract GAINED 3126 contracts UP to 166,701.

We had 270 notice(s) filed  for 1,350,000 oz for the DECEMBER 2017 contract

INITIAL standings for DECEMBER

 Dec 14/2017.

Today we HAD  0 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 HSBC: 128,131.716 oz

total customer deposits 128,131.716  oz

We had 2 customer withdrawal(s)

i) Out of brinks: 7399.55 oz

ii) Out of Delaware: 2893.500

 

Total customer withdrawals: 10,293.05 oz

we had 0 adjustment(s)

*December is the biggest delivery month of the year for gold and the fact that no gold has entered the vaults these past three trading days speaks volumes that there is no appreciable gold at the comex to deliver upon our longs and thus the reason for the migration to London

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 288 contract(s) of which 183 notices were stopped (received) by j.P. Morgan dealer and 54 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 (7010) x 100 oz or 701,000 oz, to which we add the difference between the open interest for the front month of DEC. (2173 contracts) minus the number of notices served upon today (288 x 100 oz per contract) equals 886,500 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 (7010) x 100 oz or ounces + {(2173)OI for the front month minus the number of notices served upon today (288) x 100 oz which equals 886,500 oz standing in this active delivery month of DECEMBER (27.57 tonnes). THERE IS  28 TONNES OF REGISTERED GOLD AVAILABLE FOR DELIVERY SO FAR.

WE GAINED 162 COMEX CONTRACTS STANDING OR 16,200 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 879,623.576 or 27.35 tonnes (dealer gold continues to disappear)
Total gold inventory (dealer and customer) = 9,083.905.974 or 282.54 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 71 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 1 customer withdrawal(s):

i) Out of CNT: 1,209,115.53 oz

TOTAL CUSTOMER WITHDRAWAL  1,209,115.53 oz

We had 0 Customer deposit(s):

 

***deposits into JPMorgan have stopped 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: nil oz

we had 0 adjustment(s)

The total number of notices filed today for the DECEMBER. contract month is represented by 270 contract(s) FOR 1,350,000 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 5798 x 5,000 oz = 28,990,0000 oz to which we add the difference between the open interest for the front month of DEC. (851) and the number of notices served upon today (270 x 5000 oz) equals the number of ounces standing.

.

Thus the INITIAL standings for silver for the DECEMBER contract month: 5798 (notices served so far)x 5000 oz + OI for front month of DECEMBER(851) -number of notices served upon today (270)x 5000 oz equals 31,895,000 oz of silver standing for the DECEMBER contract month. This is EXCELLENT for this active delivery month of November.

WE GAINED AN ADDITIONAL 107 CONTRACTS OR 535,000 OZ THAT WILL STAND AT THE COMEX AS QUEUE JUMPING ACCELERATES 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: 74,895

CONFIRMED VOLUME FOR FRIDAY:   89,468 CONTRACTS

YESTERDAY’S CONFIRMED VOLUME OF 89,468 CONTRACTS EQUATES TO 447 MILLION OZ OR 63.9% 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: 56.846 million
Total number of dealer and customer silver: 239.752 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 2.3 percent to NAV usa funds and Negative 2.6% to NAV for Cdn funds!!!!
Percentage of fund in gold 63.2%
Percentage of fund in silver:36.5%
cash .+.3%( Dec 14/2017)

 

sprott is updating his website on NAV/will provide it as soon as they execute

 

2. Sprott silver fund (PSLV): NAV FALLS TO -0.68% (Dec 13 /2017)
3. Sprott gold fund (PHYS): premium to NAV FALLS TO -0.55% to NAV (Dec13/2017 )
Note: Sprott silver trust back into NEGATIVE territory at -0.68%-/Sprott physical gold trust is back into NEGATIVE/ territory at -0.24%/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 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

Nov 15./no change in gold inventory at the GLD/inventory rests at 843.09 tonnes

NOV 14/a small deposit of .300 tonnes into the GLD inventory/Inventory rests at 843.39 tonnes

Nov 13/NO CHANGE IN GOLD INVENTORY AT THE GLD/INVENTORY RESTS AT 843.09 TONNES

Nov 10/no change in gold inventory at the GLD/Inventory rests at 843.09 tonnes

Nov 9/no changes in inventory at the GLD/Inventory rests at 843.09 tonnes

NOV 8/ANOTHER HUGE WITHDRAWAL OF 1.18 TONNES OF GOLD FROM THE GLD DESPITE GOLD’S RISE TODAY. INVENTORY RESTS AT 843.09

Nov 7/a huge withdrawal of 1.48 tonnes of gold from the GLD/Inventory rests at 844.27 tonnes

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Dec 14/2017/ Inventory rests tonight at 844.29 tonnes

*IN LAST 292 TRADING DAYS: 96/66 NET TONNES HAVE BEEN REMOVED FROM THE GLD
*LAST 227 TRADING DAYS: A NET 60.62 TONNES HAVE NOW BEEN ADDED INTO GLD INVENTORY.
*FROM FEB 1/2017: A NET 29.51 TONNES HAVE BEEN ADDED.

end

Now the SLV Inventory

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

Nov 13/NO CHANGE IN SILVER INVENTORY AT THE SLV/INVENTORY RESTS AT 318.074 MILLION OZ

Nov 10/no change in silver inventory at the SLV/Inventory rests at 318.074 million oz/

Nov 9/no change in silver inventory at the SLV/inventory rests at 318.074 million oz.

NOV 8/NO CHANGE IN SILVER INVENTORY AT THE SLV/INVENTORY RESTS AT 318.074 MILLION OZ

Nov 7/a huge withdrawal of 944,000 oz from the SLV/inventory rests at 318.074 million oz/

Dec 14/2017:

Inventory 326.337 million oz

end

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

+ 1.56%
12 Month MM GOFO
+ 1.85%
30 day trend

end