In Usa The Dept Of Justice Has Found Our Love Birds’ 50,000 Texts/more Swamp Stories

by Harvey Organ, Harvey Organ Blog:

GOLD UP $5.80 TO $1363.00 AT COMEX CLOSING/SILVER IS UP 13 CENTS TO $17.63. IN THE ACCESS MARKET GOLD/SILVER RAIDED AFTER TRUMP IS PARADED OUT AND TELLS US THAT MNUCHIN WAS “MISTAKEN”/COMEX GOLD OI RISES BY A HUGE 15,531 CONTRACTS AND THEN THE CROOKS ISSUE 20,747 EFP CONTRACT TRANSFERS FOR LONDON BASED FORWARDS/SILVER COMEX OI RISES BY 5889 CONTRACTS AND THEN ANOTHER 2865 EFP ISSUANCE FOR LONDON BASED FORWARDS IN SILVER/ ANDREW MAGUIRE’S COMPANY TO BEGIN A CRYPTO CURRENCY 100% BACKED BY GOLD AND SILVER

GOLD: $1363.00 UP $5.80

Silver: $17.63 UP 13 cents

Closing access prices:

Gold $1348.50

silver: $17.31

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: $1371.20 DOLLARS PER OZ

NY PRICE OF GOLD AT EXACT SAME TIME: $1361.60

PREMIUM FIRST FIX: $9.60

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SECOND SHANGHAI GOLD FIX: $1368.90

NY GOLD PRICE AT THE EXACT SAME TIME: $1360.60

Premium of Shanghai 2nd fix/NY:$8.30

SHANGHAI REJECTS NY /LONDON PRICING OF GOLD

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LONDON FIRST GOLD FIX: 5:30 am est $1360.25

NY PRICING AT THE EXACT SAME TIME: $1359.85

LONDON SECOND GOLD FIX 10 AM: $1353.70

NY PRICING AT THE EXACT SAME TIME. $1355.25

For comex gold:

JANUARY/

NUMBER OF NOTICES FILED TODAY FOR JANUARY CONTRACT: 3 NOTICE(S) FOR 300 OZ.

TOTAL NOTICES SO FAR: 695 FOR 69500 OZ (2.1617 TONNES),

For silver:

jANUARY

1 NOTICE(S) FILED TODAY FOR5,000 OZ/

Total number of notices filed so far this month: 727 for 3,635,000 oz

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Bitcoin: BID $11,132/OFFER $11,232  DOWN $201 (morning) Bitcoin: BID   $11,231/OFFER  $11,333 down $100  (CLOSING/4 PM) 

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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 A HUGE 5889 contracts from 199,985 RISING TO 205,874 WITH YESTERDAY’S BIG 56 CENT GAIN IN SILVER PRICING.  OBVIOUSLY WE HAD NO COMEX LIQUIDATION. HOWEVER, WE WERE AGAIN NOTIFIED THAT WE HAD ANOTHER HUGE SIZED NUMBER OF COMEX LONGS TRANSFERRING THEIR CONTRACTS TO LONDON THROUGH THE EFP ROUTE:  2865 EFP’S FOR MARCH AND ZERO FOR OTHER MONTHS  AND THUS TOTAL ISSUANCE OF 2865 CONTRACTS. HOWEVER THE MOVEMENT ACROSS TO LONDON IS NOT AS SEVERE AS IN GOLD AS THERE SEEMS TO BE  MAJOR PLAYERS WILLING TO TAKE ON THE BANKS AT THE COMEX. STILL, WITH THE TRANSFER OF 2865 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. ALSO KEEP IN MIND THAT THERE CAN BE A DELAY OF 24 HRS IN THE ISSUING OF EFP’S.

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

40,662 CONTRACTS (FOR 18 TRADING DAYS TOTAL 40,662 CONTRACTS OR 203,31 MILLION OZ: AVERAGE PER DAY: 2259 CONTRACTS OR 11.295 MILLION OZ/DAY)

TO GIVE YOU AN IDEA AS TO THE HUGE SUPPLY THIS MONTH IN SILVER:  SO FAR THIS MONTH:  203.31 MILLION PAPER OZ HAVE MORPHED OVER TO LONDON. THIS REPRESENTS AROUND 29.04%OF ANNUAL GLOBAL PRODUCTION

RESULT: A HUGE SIZED GAIN IN OI COMEX WITH THE 56 CENT GAIN IN SILVER PRICE.  WE ALSO HAD A HUGE SIZED EFP ISSUANCE OF 2865 CONTRACTS WHICH EXITED OUT OF THE SILVER COMEX AND TRANSFERRED THEIR OI TO LONDON AS FORWARDS. SPECULATORS CONTINUED THEIR INTEREST IN ATTACKING THE SILVER COMEX FOR PHYSICAL SILVER . FROM THE CME DATA 2865 EFP’S WERE ISSUED FOR TODAY  FOR A DELIVERABLE FORWARD CONTRACT OVER IN LONDON WITH A FIAT BONUS. WE REALLY GAINED 8754 OI CONTRACTS i.e. 2865 open interest contracts headed for London (EFP’s) TOGETHER WITH A INCREASE OF 5889  OI COMEX CONTRACTS. AND ALL OF THIS HAPPENED WITH THE RISE IN PRICE OF SILVER OF 56 CENTS AND A CLOSING PRICE OF $17.50 WITH RESPECT TO YESTERDAY’S TRADING. YET WE STILL HAVE A GOOD 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. 1.029 BILLION TO BE EXACT or 147% of annual global silver production (ex Russia & ex China).

FOR THE NEW FRONT JANUARY MONTH/ THEY FILED: 3 NOTICE(S) FOR 300 OZ OF SILVER

In gold, the open interest SURPRISINGLY ROSE  BY A HUMONGOUS 15,531 CONTRACTS UP TO597,952 WITH THE HUGE SIZED RISE IN PRICE OF GOLD WITH YESTERDAY’S TRADING ($25.00). IN ANOTHER HUGE DEVELOPMENT, WE RECEIVED THE TOTAL NUMBER OF GOLD EFP’S ISSUED FOR THURSDAY AND IT TOTALED A HUMONGOUS SIZED  20,747 CONTRACTS OF WHICH FEBRUARY SAW 15,590 CONTRACTS ISSUED AND  APRIL SAW THE ISSUANCE OF 5157 CONTRACTS.    The new OI for the gold complex rests at 599,121. ALSO REMEMBER THAT THERE CAN BE A DELAY IN THE ISSUANCE OF EFP’S.  THE BANKERS REMOVE LONG POSITIONS OF COMEX GOLD IMMEDIATELY.  THEN THEY ORCHESTRATE THEIR PRIVATE EFP DEAL WITH THE LONGS AND THAT COULD TAKE AN ADDITIONAL 48 HRS SO WE GENERALLY DO NOT GET A MATCH WITH RESPECT TO DEPARTING COMEX LONGS AND NEW EFP LONG TRANSFERS. DEMAND FOR GOLD INTENSIFIES GREATLY AS WE CONTINUE TO WITNESS A HUGE NUMBER OF EFP TRANSFERS TOGETHER WITH THE MASSIVE INCREASE IN GOLD COMEX OI  TOGETHER WITH  THE TOTAL AMOUNT OF GOLD OUNCES STANDING FOR JANUARY COMEX. 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 (BIG RISE IN BOTH GOFO AND SIFO) AND WE ARE WITNESSING DELAYS IN ACTUAL DELIVERIES. IN ESSENCE TODAY WE HAVE A HUGE GAIN OF 36.278  CONTRACTS: 15,531 OI CONTRACTS INCREASED AT THE COMEX AND A GOOD SIZED  20,747 OI CONTRACTS WHICH NAVIGATED OVER TO LONDON. EXPECT HUGE NUMBERS OF EFP’S TO BE ISSUED AS WE APPROACH FIRST DAY NOTICE IN THE GOLD FEB COMEX CONTRACT, WEDNESDAY JAN 31.2018

YESTERDAY, WE HAD 12,223 EFP’S ISSUED.

ACCUMULATION OF EFP’S/ GOLD(EXCHANGE FOR PHYSICAL) FOR THE MONTH OF JANUARY STARTING WITH FIRST DAY NOTICE: 185,218 CONTRACTS OR 18.218 MILLION OZ OR 566.65 TONNES(18 TRADING DAYS AND THUS AVERAGING: 10,289 EFP CONTRACTS PER TRADING DAY OR 1,028,900 OZ/DAY)

TO GIVE YOU AN IDEA AS TO THE HUGE SIZE OF THESE EFP TRANSFERS :   SO FAR THIS MONTH IN 17 TRADING DAYS: IN  TONNES: 567 TONNES

TOTAL ANNUAL GOLD PRODUCTION, 2017, THROUGHOUT THE WORLD EX CHINA EX RUSSIA: 2200 TONNES

THUS EFP TRANSFERS REPRESENTS 567/2200 TONNES =  25.77% OF GLOBAL ANNUAL PRODUCTION SO FAR IN JANUARY ALONE.

Result: A SHOCKINGLY STRONG SIZED INCREASE IN OI AT THE COMEX WITH THE HUGE SIZED RISE IN PRICE IN GOLD TRADING ON YESTERDAY ($25.00). WE HAD ANOTHER GIGANTIC SIZED NUMBER OF COMEX LONG TRANSFERRING TO LONDON THROUGH THE EFP ROUTE: 20,747. THERE OBVIOUSLY DOES NOT SEEM TO BE MUCH PHYSICAL GOLD AT THE COMEX AND YET WE ALSO OBSERVED A HUGE DELIVERY MONTH FOR THE 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 20,747 EFP CONTRACTS ISSUED, WE HAD A NET GAIN IN OPEN INTEREST OF 36,278 contracts ON THE TWO EXCHANGES:

20,747 CONTRACTS MOVE TO LONDON AND  15,531 CONTRACTS INCREASED AT THE COMEX. (in tonnes, the GAIN in total oi equates to 116.47 TONNES).

we had: 3 notice(s) filed upon for 300 oz of gold.

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

GLD

With gold UP $5.80, we had no changes in gold inventory at the GLD/

Inventory rests tonight: 849.32 tonnes.

SLV/ 

A SMALL CHANGES IN SILVER INVENTORY AT THE SLV/ WITH SILVER UP TODAY AND YESTERDAY, THEY COULD ONLY MUSTER A GAIN OF 848,00 OZ AT THE SLV /

INVENTORY RESTS AT 313.896 MILLION OZ/

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

1. Today, we had the open interest in silver ROSE BY A HUGE 5889 contracts from 199,985 UP TO 205,874 (AND now A LITTLE CLOSER TO THE NEW COMEX RECORD SET ON FRIDAY/APRIL 21/2017 AT 234,787) WITH  THE HUGE RISE  IN PRICE OF SILVER  (56 CENTS WITH RESPECT TO  YESTERDAY’S TRADING).   OUR BANKERS USED THEIR EMERGENCY PROCEDURE TO ISSUE ANOTHER GOOD 2865 PRIVATE EFP’S FOR MARCH (WE DO NOT GET A LOOK AT THESE CONTRACTS AS IT IS PRIVATE BUT THE CFTC DOES AUDIT THEM) AND 0 EFP’S FOR ALL OTHER MONTHS .  EFP’S GIVE OUR COMEX LONGS A FIAT BONUS PLUS A DELIVERABLE PRODUCT OVER IN LONDON. WE HAD ZERO COMEX SILVER COMEX LIQUIDATION. IF WE TAKE THE  OI GAIN AT THE COMEX OF  5889 CONTRACTS TO THE 2865 OI TRANSFERRED TO LONDON THROUGH EFP’S WE OBTAIN A BIG GAIN OF 8754 OPEN INTEREST CONTRACTS.  WE STILL HAVE A GOOD AMOUNT OF SILVER OUNCES THAT ARE STANDING FOR METAL IN JANUARY (SEE BELOW). THE NET GAIN TODAY IN OZ ON THE TWO EXCHANGES: 43.770 MILLION OZ!!!

RESULT: A HUGE SIZED INCREASE IN SILVER OI AT THE COMEX DESPITE THE HUGE RISE  OF 56 CENTS IN PRICE (WITH RESPECT TO YESTERDAY’S TRADING). BUT WE ALSO HAD ANOTHER STRONG 2865 EFP’S ISSUED TRANSFERRING COMEX LONGS OVER TO LONDON. TOGETHER WITH THE GOOD  SIZED AMOUNT OF SILVER OUNCES STANDING FOR JANUARY, DEMAND FOR PHYSICAL SILVER INTENSIFIES AS WE WITNESS MAJOR BANK SHORT COVERING ACCOMPANIED BY INCREASES IN GOFO AND SIFO RATES INDICATING SCARCITY.

(report Harvey)

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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

3. ASIAN AFFAIRS

i)Late TUESDAY night/WEDNESDAY morning: Shanghai closed DOWN 11.16 points or 0.31% /Hang Sang CLOSED DOWN 304.24 pts or 0.92% / The Nikkei closed DOWN 271,29 POINTS OR 1.13%/Australia’s all ordinaires CLOSED DOWN 0.07%/Chinese yuan (ONSHORE) closed  WELL UP at 6.3280/Oil UP to 66.10 dollars per barrel for WTI and 71.00 for Brent. Stocks in Europe OPENED ALL GREED .   ONSHORE YUAN CLOSED UP AGAINST THE DOLLAR AT 6.3280. OFFSHORE YUAN CLOSED UP AGAINST  THE ONSHORE YUAN AT 6.3230//ONSHORE YUAN MUCH STRONGER AGAINST THE DOLLAR/OFF SHORE MUCH STRONGER TO THE DOLLAR/. THE DOLLAR (INDEX) IS  MUCH WEAKER AGAINST ALL MAJOR CURRENCIES. CHINA IS SEMI  HAPPY TODAY.(STRONG CURRENCY BUT WEAKER MARKETS )

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