This post was published at SilverDoctors
Tag: COMEX
NOV 15/A ANOTHER RAID ON GOLD AND SILVER: GOLD DOWN $5.15 AND SILVER DOWN 10 CENTS/MARKETS IN ASIA CRUMBLE WHICH SET THE MOOD FOR EUROPE AND THE DOW/THE ALL IMPORTANT CPI SHOWS CONSIDERABLE ADVAN…
GOLD: $1277.7 DOWN $5.15
Silver: $16.98 DOWN 10 cents
Closing access prices:
Gold $1278.30
silver: $17.01`
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: $1289.94 DOLLARS PER OZ
NY PRICE OF GOLD AT EXACT SAME TIME: $1281.20
PREMIUM FIRST FIX: $9.39
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SECOND SHANGHAI GOLD FIX: $1292.56
NY GOLD PRICE AT THE EXACT SAME TIME: $1282.40
Premium of Shanghai 2nd fix/NY:$10.16
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LONDON FIRST GOLD FIX: 5:30 am est $1285.70
NY PRICING AT THE EXACT SAME TIME: $1285.70
LONDON SECOND GOLD FIX 10 AM: $1282.20
NY PRICING AT THE EXACT SAME TIME. 1282.60
For comex gold:
NOVEMBER/
NOTICES FILINGS TODAY FOR OCT CONTRACT MONTH:0 NOTICE(S) FOR nil OZ.
TOTAL NOTICES SO FAR: 991 FOR 99,100 OZ (3.082TONNES)
For silver:
NOVEMBER
2 NOTICE(S) FILED TODAY FOR
10,000 OZ/
Total number of notices filed so far this month: 874 for 4,370,000 oz
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Bitcoin: BID $7121 OFFER /$7145 up $532.00 (MORNING)
BITCOIN : BID $7257 OFFER: $7282 // UP $668.00(CLOSING)
This post was published at Harvey Organ Blog on November 15, 2017.
NOV 14/GOLD IS UP $4.00 DESPITE BANKER ATTEMPTS TO QUASH THE METAL/SILVER ALSO REBOUNDS/SILVER AND FINISHES UP 3 CENTS/LONG TERM BOND YIELDS FALTER/CHINESE MARKETS FALL/THE ONLY POSITIVE TODAY WA…
GOLD: $1282.85 UP $4.00
Silver: $17.08 UP 3 cents
Closing access prices:
Gold $1280.50
silver: $17.02
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: $1285.54 DOLLARS PER OZ
NY PRICE OF GOLD AT EXACT SAME TIME: $1276.15
PREMIUM FIRST FIX: $9.39
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SECOND SHANGHAI GOLD FIX: $1286.85
NY GOLD PRICE AT THE EXACT SAME TIME: $1277.10
Premium of Shanghai 2nd fix/NY:$9.75
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LONDON FIRST GOLD FIX: 5:30 am est $1273.50
NY PRICING AT THE EXACT SAME TIME: $1273.20
LONDON SECOND GOLD FIX 10 AM: $1274.60
NY PRICING AT THE EXACT SAME TIME. 1273.86
For comex gold:
NOVEMBER/
NOTICES FILINGS TODAY FOR OCT CONTRACT MONTH:0 NOTICE(S) FOR nil OZ.
TOTAL NOTICES SO FAR: 991 FOR 99,100 OZ (3.082TONNES)
For silver:
NOVEMBER
2 NOTICE(S) FILED TODAY FOR
10,000 OZ/
Total number of notices filed so far this month: 874 for 4,370,000 oz
This post was published at Harvey Organ Blog on November 14, 2017.
Comex Gold Sees ‘Another Large Sell’ as Bullish Silver Betting Grows to 7-Week High
COMEX gold contracts recovered a $5 drop against a weakening US Dollar in London lunchtime trade Tuesday, rising back to last week’s finish at $1275 after what analysts called another “large sell” order on the futures market.
Commodities retreated and bond prices edged higher as world stock markets fell again.
Germany’s Dax dropped for the fourth session running after the 19-nation Eurozone released a raft of stronger economic data, led by 2.5% annual GDP growth across the region for the third quarter of the year.
“Speculative financial investors stopped withdrawing from gold and built up net long positions again in the week to 7 November,” says German financial group Commerzbank in a commodities note today, looking at the latest Comex gold derivatives data from US regulator the CFTC.
This post was published at FinancialSense on 11/14/2017.
NOV 13/GOLD UP $4.85 AND SILVER RISES 16 CENTS/CHAOS IN ENGLAND AS THERESA MAY COULD BE OUSTED AS LEADER/TENSIONS AGAIN ESCALATE THROUGHOUT THE MIDDLE EAST/GE CRASHES TODAY/
GOLD: $1278.85 UP $4.85
Silver: $17.05 UP 16 cents
Closing access prices:
Gold $1278.50
silver: $17.05
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: $1288.37 DOLLARS PER OZ
NY PRICE OF GOLD AT EXACT SAME TIME: $1276.60
PREMIUM FIRST FIX: $11.77
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SECOND SHANGHAI GOLD FIX: $1288.37
NY GOLD PRICE AT THE EXACT SAME TIME: $1276.60
Premium of Shanghai 2nd fix/NY:$11.77
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LONDON FIRST GOLD FIX: 5:30 am est $1278.40
NY PRICING AT THE EXACT SAME TIME: $1278.10
LONDON SECOND GOLD FIX 10 AM: $1277.95
NY PRICING AT THE EXACT SAME TIME. 1277.30
For comex gold:
NOVEMBER/
NOTICES FILINGS TODAY FOR OCT CONTRACT MONTH: 2 NOTICE(S) FOR 20000 OZ.
TOTAL NOTICES SO FAR: 991 FOR 99,100 OZ (3.082TONNES)
For silver:
NOVEMBER
1 NOTICE(S) FILED TODAY FOR
5,000 OZ/
Total number of notices filed so far this month: 872 for 4,360,000 oz
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Bitcoin: BID $6729 OFFER /$6764 DOWN $308.00 (MORNING)
BITCOIN CLOSING; BID $6498 OFFER: $6523 // UP $78.00
This post was published at Harvey Organ Blog on November 13, 2017.
NOV 10/GOLD DROPS $13.00 AND SILVER FALLS BY 11 CENTS AS THE BANKERS UNLOAD A HUGE $4 BILLION NAKED COMEX GOLD SHORT/BITCOIN DROPS A HUGE $718.00/CHINA WILL NOW OFFICIALLY ALLOW FOREIGNERS TO TAK…
GOLD: $1274.00 UP $13.00
Silver: $16.89 DOWN 11 cents
Closing access prices:
Gold $1276.20
silver: $16.91
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: $1293.33 DOLLARS PER OZ
NY PRICE OF GOLD AT EXACT SAME TIME: $1285.70
PREMIUM FIRST FIX: $7.63
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SECOND SHANGHAI GOLD FIX: $1292.60
NY GOLD PRICE AT THE EXACT SAME TIME: $1284.45
Premium of Shanghai 2nd fix/NY:$8.15
This post was published at Harvey Organ Blog on November 10, 2017.
NOV 9/GOLD WITHSTANDS ANOTHER ATTACK FROM THE BANKERS AS IT RISES BY $3.25/SILVER HOWEVER DOWN 11 CENTS/NIKKEI SWOONS 800 POINTS BEFORE BEING RESCUED BY THEIR PPT/SAUDI ARABIA, KUWAIT AND UAE ALL…
GOLD: $1287.00 UP $3.25
Silver: $17.00 DOWN 11 cents
Closing access prices:
Gold $1285.50
silver: $16.99
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: $1289.93 DOLLARS PER OZ
NY PRICE OF GOLD AT EXACT SAME TIME: $1281.60
PREMIUM FIRST FIX: $8.33(premiums getting LARGER AGAIN)
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SECOND SHANGHAI GOLD FIX: $1293.60
NY GOLD PRICE AT THE EXACT SAME TIME: $1283.70
Premium of Shanghai 2nd fix/NY:$9.90 PREMIUMS GETTING LARGER AGAIN)
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LONDON FIRST GOLD FIX: 5:30 am est $1284.40
NY PRICING AT THE EXACT SAME TIME: $1283.95
LONDON SECOND GOLD FIX 10 AM: $1284.80
NY PRICING AT THE EXACT SAME TIME. 1284.60
For comex gold:
NOVEMBER/
NOTICES FILINGS TODAY FOR OCT CONTRACT MONTH: 2 NOTICE(S) FOR 200 OZ.
TOTAL NOTICES SO FAR: 975 FOR 97,500 OZ (3.032TONNES)
For silver:
NOVEMBER
5 NOTICE(S) FILED TODAY FOR
25,000 OZ/
Total number of notices filed so far this month: 869 for 4,345,000 oz
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Bitcoin: BID $7119 OFFER /$7149 DOWN $328.00 (MORNING)
BITCOIN CLOSING; BID $7192 OFFER: 7217 // DOWN $265.00
end
Let us have a look at the data for today
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In silver, the total open interest FELL BY A CONSIDERABLE 1386 contracts from 208,500 DOWN TO 201,944 DESPITE YESTERDAY’S TRADING IN WHICH SILVER ROSE BY A RATHER LARGE 16 CENTS. THIS TIME WE HAD OVER 1000 EFP’S ISSUED BY OUR BANKERS IN SILVER FOR DECEMBER DUE TO THEIR ‘EMERGENCY SITUATION’ WHERE THEY DO NOT HAVE ENOUGH METAL TO SERVE UPON OUR LONGS. OUR LONGS AT THE COMEX RECEIVE A FIAT BONUS PLUS A DELIVERABLE PRODUCT AT A DIFFERENT EXCHANGE AND THAT NO DOUBT IS LONDON. THIS IS THE EARLIEST THAT I HAVE SEEN THAT EFP’S HAVE BEEN ISSUED FOR AN UPCOMING DELIVERY MONTH. GENERALLY IT IS GOLD THAT IS THE MEGA RECIPIENT OF EFP’S WITH SILVER MUCH SMALLER. SO NO DOUBT WE WILL SEE HUGE AMOUNTS OF EFP’S ISSUED WITHIN A WEEK OF FIRST DAY NOTICE.
RESULT: A GOOD SIZED DROP IN OI COMEX DESPITE THE CONSIDERABLE 16 CENT PRICE RISE. COMEX LONGS EXITED OUT OF THE COMEX WITH OVER 1000 EFP’S ISSUED FOR A DELIVERABLE CONTRACT OVER IN LONDON WITH A FIAT BONUS.
In ounces, the OI is still represented by just OVER 1 BILLION oz i.e. 1.009 BILLION TO BE EXACT or 144% of annual global silver production (ex Russia & ex China).
FOR THE NEW FRONT OCT MONTH/ THEY FILED: 5 NOTICE(S) FOR 25,000 OZ OF SILVER
In gold, the open interest FELL BY A TINY 453 CONTRACTS DESPITE THE GOOD SIZED RISE IN PRICE OF GOLD ($8.35) WITH YESTERDAY’S TRADING . WE MAY HAVE HAD SOME MINOR BANKER SHORT COVERING IN GOLD. The new OI for the gold complex rests at 536,390. NEWBIE LONGS RE-ENTERED THE ARENA TO WHICH THE BANKERS DUTIFULLY SUPPLIED THE NECESSARY SHORT PAPER.. OUR BANKERS WERE MAY HAVE BEEN SUCCESSFUL IN COVERING A TINY PORTION OF THEIR GOLD SHORTS.
NO EFP’S WERE ISSUED FOR THE DECEMB CONTRACT MONTH.
Result: A TINY SIZED DECREASE IN OI DESPITE THE RISE IN PRICE IN GOLD ($8.35). WE MAY HAVE HAD SOME BANK SHORT COVERING. WE CERTAINLY HAD NEWBIE LONGS RE-ENTERING THE GOLD COMEX AREA TO WHICH OUR BANKERS REGRETFULLY SUPPLIED THE NECESSARY SHORT PAPER.
we had: 2 notice(s) filed upon for 200 oz of gold.
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With respect to our two criminal funds, the GLD and the SLV:
GLD:
No changes in gold inventory at the GLD/
Inventory rests tonight: 843.09 tonnes.
SLV
TODAY WE HAD NO CHANGE IN SILVER INVENTORY AT THE SLV
INVENTORY RESTS AT 318.074 MILLION OZ
This post was published at Harvey Organ Blog on November 9, 2017.
NOV 8/GOLD RALLIES $8.35 TO CLOSE AT $1283.75 AND SILVER WAS UP 16 CENTS TO $17.11/INDIA IS BACK WITH RESPECT TO GOLD DEMAND AS OFFICIALLY THEY IMPORT CLOSE TO 900 TONNES (WITH SMUGGLING OVER 100…
GOLD: $1283.75 UP $8.35
Silver: $17.11 UP 16 cents
Closing access prices:
Gold $1281.50
silver: $17.03
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: $1285.90 DOLLARS PER OZ
NY PRICE OF GOLD AT EXACT SAME TIME: $1277.60
PREMIUM FIRST FIX: $8.30(premiums getting smaller)
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SECOND SHANGHAI GOLD FIX: $1285.00
NY GOLD PRICE AT THE EXACT SAME TIME: $1279.00
Premium of Shanghai 2nd fix/NY:$6.00 PREMIUMS GETTING smaller)
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LONDON FIRST GOLD FIX: 5:30 am est $1282.25
NY PRICING AT THE EXACT SAME TIME: $1280.85???
LONDON SECOND GOLD FIX 10 AM: $1284..00
NY PRICING AT THE EXACT SAME TIME. 1285.10 ??
For comex gold:
NOVEMBER/
NOTICES FILINGS TODAY FOR OCT CONTRACT MONTH: 7 NOTICE(S) FOR 700 OZ.
TOTAL NOTICES SO FAR: 973 FOR 97,300 OZ (3.026TONNES)
For silver:
NOVEMBER
1 NOTICE(S) FILED TODAY FOR
5,000 OZ/
Total number of notices filed so far this month: 864 for 4,320,000 oz
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Bitcoin: BID $7481 OFFER /$7505 UP $365.00 (MORNING)
BITCOIN CLOSING; BID $7319 OFFER: 7344 // UP $204.00
This post was published at Harvey Organ Blog on November 8, 2017.
Gold And Silver: Something Different Is Occurring
JP Morgan, at least according to the daily Comex warehouse report, added over half a million ozs of silver to its ‘historic’ stash of silver at the Comex: TF Metals Report. It would be even more interesting to see an actual independent accounting of that specific metal which would track the serial numbers on the bars to the legal owner of title.
I’ve been hedged in my mining stock portfolio since early September. The signal for me to hedge is the reliable Comex bank ‘net short’ position as reported in the weekly Commitment of Traders report. Since late summer, the bank net short position, and the corresponding hedge fund ‘managed money’ net long position, has been at an extreme level.
Historically this is the signal that the Comex banks will implement what I call a ‘COT open interest liquidation’ take-down of the gold/silver price using Comex paper to trigger hedge fund stop-loss positions. This enables the Comex banks to cover their shorts and print huge profits. It’s also illegal trading activity but that’s for another day.
In early September, in ‘eyeballing’ the gold chart in conjunction with the historical COT data I have set up in a spreadsheet back to 2004 , I figured that the open interest – which was in the high 500,000’s at the time – needed to come down at least 100-150k contracts. I thought it would take a price take-down from $1320 to $1230/$1240.
This post was published at Investment Research Dynamics on November 8, 2017.
NOV 7/THE HIGH SILVER OPEN INTEREST FORCES THE BANKERS TO INITIATE ANOTHER RAID TODAY/GOLD DOWN $4.75 AND SILVER DOWN 27 CENTS/ITALY’S TARGET 2 IMBALANCE AT A RECORD 433 BILLION EUROS WHICH CAN N…
GOLD: $1275.40 DOWN $4.75
Silver: $16.95 DOWN 27 cents
Closing access prices:
Gold $1275.40
silver: $16.95
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: $1293.86 DOLLARS PER OZ
NY PRICE OF GOLD AT EXACT SAME TIME: $1279.85
PREMIUM FIRST FIX: $14.01(premiums getting smaller)
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SECOND SHANGHAI GOLD FIX: $1285.00
NY GOLD PRICE AT THE EXACT SAME TIME: $1279.00
Premium of Shanghai 2nd fix/NY:$6.00 PREMIUMS GETTING smaller)
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LONDON FIRST GOLD FIX: 5:30 am est $1276.35
NY PRICING AT THE EXACT SAME TIME: $1276.30
LONDON SECOND GOLD FIX 10 AM: $1275.60
NY PRICING AT THE EXACT SAME TIME. 1276.95 ??
For comex gold:
NOVEMBER/
NOTICES FILINGS TODAY FOR OCT CONTRACT MONTH: 110 NOTICE(S) FOR 11000 OZ.
TOTAL NOTICES SO FAR: 966 FOR 96,600 OZ (3.004TONNES)
For silver:
NOVEMBER
7 NOTICE(S) FILED TODAY FOR
35,000 OZ/
Total number of notices filed so far this month: 863 for 4,315,000 oz
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Bitcoin: $7174 bid /$7199 offer up $244.00 (MORNING)
BITCOIN CLOSING;$7099 BID:7124. OFFER down $124.00
end
Let us have a look at the data for today
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In silver, the total open interest ROSE BY A HUGE 3562 contracts from 204 ,938 DOWN TO 208,500 WITH YESTERDAY’S TRADING IN WHICH SILVER ROSE BY A CONSIDERABLE 37 CENTS. THE CROOKS NO DOUBT ARE PULLING THEIR HAIR AS THEY ARE STILL HAVING AN AWFUL TIME TRYING TO COVER THEIR MASSIVE SILVER SHORTS. THEY TRY TO CONTINUE WITH THEIR TORMENT WITH NO APPRECIABLE FALL IN SILVER OI. YESTERDAY HUGE NUMBERS OF NEWBIE SPEC LONGS ENTERED THE SILVER ARENA TO WHICH OUR BANKERS DUTIFULLY SUPPLIED.
RESULT: A HUGE SIZED RISE IN OI COMEX WITH THE CONSIDERABLE 37 CENT PRICE GAIN. NEWBIE SPEC LONGS ENTERED THE ARENA AND THESE GUYS WERE DUTIFULLY SUPPLIED BY OUR CROOKED BANKERS. THERE WAS NO SHORTCOVERING YESTERDAY.
In ounces, the OI is still represented by just OVER 1 BILLION oz i.e. 1.042 BILLION TO BE EXACT or 149% of annual global silver production (ex Russia & ex China).
FOR THE NEW FRONT OCT MONTH/ THEY FILED: 7 NOTICE(S) FOR 35,000 OZ OF SILVER
In gold, the open interest ROSE BY A LARGER THAN EXPECTED 8303 CONTRACTS WITH THE GOOD SIZED RISE IN PRICE OF GOLD ($11.25) WITH YESTERDAY’S TRADING . The new OI for the gold complex rests at 537,727. NEWBIE LONGS RE-ENTERED THE ARENA TO WHICH THE BANKERS DUTIFULLY SUPPLIED THE NECESSARY SHORT PAPER..
NO EFP’S WERE ISSUED FOR THE NOVEMBER CONTRACT MONTH.
Result: A GOOD SIZED INCREASE IN OI WITH THE RISE IN PRICE IN GOLD ($11.25). WE HAD ZERO BANK SHORT COVERING AS ANY OF OUR NEWBIE LONGS RE-ENTERED THE GOLD COMEX AREA TO WHICH OUR BANKERS DUTIFULLY SUPPLIED THE NECESSARY SHORT PAPER.
we had: 110 notice(s) filed upon for 11,000 oz of gold.
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With respect to our two criminal funds, the GLD and the SLV:
GLD:
A huge change in gold inventory at the GLD/ a withdrawal of 1.48 tonnes
Inventory rests tonight: 844.27 tonnes.
SLV
TODAY WE HAD NO CHANGE IN SILVER INVENTORY AT THE SLV
INVENTORY RESTS AT 319.018 MILLION OZ
This post was published at Harvey Organ Blog on November 8, 2017.
Asian Metals Market Update: November-7-2017
Higher crude oil prices are supporting gold and silver. Gold and silver have always flourished in an inflationary environment. Focus will shift to inflation. If crude oil prices continue to rise then one should use sharp dips to invest for the short term. I see a direct correlation between gold prices and crude oil prices. Trump’s South Korea visit and China visit will be closely watched. Ways to deal with North Korean nukes will affect gold and silver prices.
Rising crude oil prices can change the balance sheet of emerging markets like India. Governments will be caught between the choice of fiscal management and inflation management. Most of the emerging markets have enough reserves to withstand an energy shock. I see emerging market currency weakness, if Nymex crude oil continues to rise to $80 and consolidates at $80. Under the current scenario crude oil looks headed for $100 in the next twelve months as long as it trades over $46. Emerging market stock markets will form a medium term top and could move into a bearish phase if crude oil prices rise and consolidate around $80. As long as crude oil prices do not break $80, emerging markets are in a safe zone.
Historically crude oil prices have always zoomed under republicans. The current rise in crude oil price is an early signal of history repeating itself.
COMEX GOLD DECEMBER 2017 – current price $1280.10
Bullish over $1275.50 with $1291.40 and $1296.30 as price target.
Bearish below $1270.40 with $1264.60 and $1257.30 as price target.
This post was published at GoldSeek on 7 November 2017.
NOV 6/GOLD REBOUNDS NICELY UP $11.25 TO $1280.15 BUT THE STAR OF TODAY IS SILVER UP 37 CENTS CLOSING AT $17.22 /SHANGHAI PREMIUMS TO NY PRICING IS $23.08/TROUBLE IN CHINA’S SHADOW BANKING SECTOR/…
GOLD: $1280.15 UP $11.25
Silver: $17.22 UP 37 cents
Closing access prices:
Gold $1282.00
silver: $17.22
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: $1291.77 DOLLARS PER OZ
NY PRICE OF GOLD AT EXACT SAME TIME: $1269.00
PREMIUM FIRST FIX: $22.77(premiums getting larger)
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SECOND SHANGHAI GOLD FIX: $1291.58
NY GOLD PRICE AT THE EXACT SAME TIME: $1268.50
Premium of Shanghai 2nd fix/NY:$23.08 PREMIUMS GETTING HUGE)
CHINA REJECTS NEW YORK PRICING OF GOLD!!!!
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LONDON FIRST GOLD FIX: 5:30 am est $1271.60
NY PRICING AT THE EXACT SAME TIME: $1271.60
LONDON SECOND GOLD FIX 10 AM: $1270.90
NY PRICING AT THE EXACT SAME TIME. 1271.80 ??
For comex gold:
NOVEMBER/
NOTICES FILINGS TODAY FOR OCT CONTRACT MONTH: 27 NOTICE(S) FOR 2700 OZ.
TOTAL NOTICES SO FAR: 856 FOR 85,600 OZ (2.662TONNES)
For silver:
NOVEMBER
10 NOTICE(S) FILED TODAY FOR
50,000 OZ/
Total number of notices filed so far this month: 856 for 4,280,000 oz
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Bitcoin: $7361 bid /$7368 offer up $138.00 (MORNING)
BITCOIN CLOSING;$7099 BID:7124. OFFER down $124.00
end
Let us have a look at the data for today
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In silver, the total open interest SURPRISINGLY FELL BY A SMALL SIZED 1130 contracts from 206 ,068 DOWN TO 204,938 DESPITE FRIDAY’S TRADING IN WHICH SILVER FELL BY A CONSIDERABLE 27 CENTS. THE CROOKS NO DOUBT ARE PULLING THEIR HAIR AS THEY ARE STILL HAVING AN AWFUL TIME TRYING TO COVER THEIR MASSIVE SILVER SHORTS. THEY TRY TO CONTINUE WITH THEIR TORMENT LIKE THE RAID ON FRIDAY. A FEW NEWBIE SPEC LONGS LEFT THE SILVER ARENA AND THUS WE HAVE A VERY TINY BANKER SHORT COVERING.
RESULT: A SMALL SIZED FALL IN OI COMEX DESPITE THE CONSIDERABLE 27 CENT PRICE LOSS. OUR BANKERS COULD HARDLY COVER ANY OF THEIR HUGE SHORTFALL DESPITE THE MANIPULATED CRIMINAL BANKER RAID WHICH HAD THEIR OBJECT OF THE EXERCISE TO CAUSE AS MANY SILVER LEAVES TO FALL FROM THE SILVER TREE. AS WE HAVE WITNESSED ON COUNTLESS OCCASIONS WITH RESPECT TO SILVER, IT FAILED MISERABLY.
In ounces, the OI is still represented by just OVER 1 BILLION oz i.e. 1.025 BILLION TO BE EXACT or 146% of annual global silver production (ex Russia & ex China).
FOR THE NEW FRONT OCT MONTH/ THEY FILED: 10 NOTICE(S) FOR 50,000 OZ OF SILVER
In gold, the open interest FELL BY A LESS THAN EXPECTED 4,347 CONTRACTS WITH THE GOOD SIZED FALL IN PRICE OF GOLD ($8.65) WITH FRIDAY’S TRADING . The new OI for the gold complex rests at 529,124. NEWBIE LONGS EXITED THE ARENA TO WHICH THE BANKERS COVERED.
NO EFP’S WERE ISSUED FOR THE NOVEMBER CONTRACT MONTH.
Result: A GOOD SIZED DECREASE IN OI WITH THE FALL IN PRICE IN GOLD ($8.65). WE HAD SOME BANK SHORT COVERING AS SOME OF OUR NEWBIE LONGS GOT STOP LOSSED OUT OF THEIR CONTRACTS.
we had: 27 notice(s) filed upon for 2700 oz of gold.
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With respect to our two criminal funds, the GLD and the SLV:
GLD:
A tiny change in gold inventory at the GLD/ a withdrawal of .29 tonnes to pay for fees and insurance
Inventory rests tonight: 845.75 tonnes.
SLV
TODAY WE HAD NO CHANGE IN SILVER INVENTORY AT THE SLV
INVENTORY RESTS AT 319.018 MILLION OZ
This post was published at Harvey Organ Blog on November 6, 2017.
NOV 3/POOR JOBS REPORT BUT THAT DID NOT MATTER AS THE CROOKS RAIDED GOLD AND SILVER/COMEX SILVER OI CONTINUES TO RISE WITH ITS LATEST READING OVER 206,000 CONTRACTS/AFTER THE USA FINISHED OFF ISI…
GOLD: $1268.90 DOWN $8.65
Silver: $16.85 down 27 cents
Closing access prices:
Gold $1270.00
silver: $16.86
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: $1300.00 DOLLARS PER OZ
NY PRICE OF GOLD AT EXACT SAME TIME: $1280.05
PREMIUM FIRST FIX: $19.90(premiums getting larger)
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SECOND SHANGHAI GOLD FIX: $1292.04
NY GOLD PRICE AT THE EXACT SAME TIME: $1277.00
This post was published at Harvey Organ Blog on November 3, 2017.
NOV 2/OPEN INTEREST IN SILVER SKYROCKETS PAST 203,000 CONTRACTS OR 1.02 BILLION OZ/SILVER WITHSTANDS ANOTHER ATTACK BY OUR BANKERS/JEROME POWELL NAMED FED CHAIR/BITCOIN RISES ABOVE $7,000 PER COI…
GOLD: $1277.55 UP $1.55
Silver: $17.12 down 6 cents
Closing access prices:
Gold $1276.80
silver: $17.12
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: $1300.00 DOLLARS PER OZ
NY PRICE OF GOLD AT EXACT SAME TIME: $1280.50
PREMIUM FIRST FIX: $19.50(premiums getting larger)
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SECOND SHANGHAI GOLD FIX: $1297.80
NY GOLD PRICE AT THE EXACT SAME TIME: $1278.00
Premium of Shanghai 2nd fix/NY:$19.80 PREMIUMS GETTING LARGER)
CHINA REJECTS NEW YORK PRICING OF GOLD!!!!
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LONDON FIRST GOLD FIX: 5:30 am est $1276.40
NY PRICING AT THE EXACT SAME TIME: $1276.65
LONDON SECOND GOLD FIX 10 AM: $1279.20
NY PRICING AT THE EXACT SAME TIME. 1277.40 ??
For comex gold:
NOVEMBER/
NOTICES FILINGS TODAY FOR OCT CONTRACT MONTH: 57 NOTICE(S) FOR 5700 OZ.
TOTAL NOTICES SO FAR: 766 FOR 76,600 OZ (2.382TONNES)
For silver:
NOVEMBER
261 NOTICE(S) FILED TODAY FOR
1,305,000 OZ/
Total number of notices filed so far this month: 828 for 4,140,000 oz
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Bitcoin: $7243 bid /$7262 offer up $489.00 (MORNING)
BITCOIN CLOSING;$7027 BID:7047. OFFER UP $273.00
This post was published at Harvey Organ Blog on November 3, 2017.
NOV 1/SILVER IS THE STAR OF THE DAY:UP 2.8% OR 48 CENTS/A LONDON BASED COMPANY IS THE FIRST MAJOR TRADING COMPANY TO BE DINGED WITH ‘GHOST COLLATERAL’ COMING FROM CHINA/GOLD UP $6.60/AT THE COMEX…
GOLD: $1276.60 UP $6.60
Silver: $17.18 UP 48 cents
Closing access prices:
Gold $1275.00
silver: $17.13
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: $1283.60 DOLLARS PER OZ
NY PRICE OF GOLD AT EXACT SAME TIME: $1269.60
PREMIUM FIRST FIX: $14.00(premiums getting larger)
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SECOND SHANGHAI GOLD FIX: $1297.34
NY GOLD PRICE AT THE EXACT SAME TIME: $1274.50
Premium of Shanghai 2nd fix/NY:$22.84 PREMIUMS GETTING LARGER)
CHINA REJECTS NEW YORK PRICING OF GOLD!!!!
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LONDON FIRST GOLD FIX: 5:30 am est $1279.25
NY PRICING AT THE EXACT SAME TIME: $1279.00
LONDON SECOND GOLD FIX 10 AM: $1277.05
NY PRICING AT THE EXACT SAME TIME. 1273.30 ??
For comex gold:
NOVEMBER/
NOTICES FILINGS TODAY FOR OCT CONTRACT MONTH: 186 NOTICE(S) FOR 18,600 OZ.
TOTAL NOTICES SO FAR: 709 FOR 70,900 OZ (2.205TONNES)
For silver:
NOVEMBER
140 NOTICE(S) FILED TODAY FOR
700,000 OZ/
Total number of notices filed so far this month: 567 for 2,835,000 oz
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Bitcoin: $6517 bid /$6527 offer up $86.00 (MORNING)
BITCOIN CLOSING;$6581 BID:6601. OFFER UP $146.00
end
Today gold had a pretty good day rising by $6.60 but it was silver that was star of the show rising by 48 cents or 2.8%. This time around silver rose for no apparent reason. It is obvious that its huge 196,000 short comex contracts are having its effect on our bankers. As I have outlined to you for the past few months, the banks are desperate trying to cover but to no avail. They have en masse decided to run to higher ground where they will regroup and try again. If the silver price runs away from them like the Bitcoin price, our banker friends will implode.
Let us have a look at the data for today
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In silver, the total open interest ROSE BY A LARGE SIZED 2419 contracts from 196 ,434 UP TO 198,853 DESPITE YESTERDAY’S TRADING IN WHICH SILVER FELL BY 13 CENTS. THE CROOKS ARE STILL HAVING AN AWFUL TIME TRYING TO COVER THEIR MASSIVE SILVER SHORTS SO THEY CONTINUE TO TORMENT.
RESULT: A GOOD SIZED RISE IN OI COMEX WITH THE 13 CENT PRICE LOSS. OUR BANKERS COULD NOT COVER ANY OF THEIR HUGE SHORTFALL.
In ounces, the OI is still represented by just UNDER 1 BILLION oz i.e. 0.993 BILLION TO BE EXACT or 142% of annual global silver production (ex Russia & ex China).
FOR THE NEW FRONT OCT MONTH/ THEY FILED: 140 NOTICE(S) FOR 700,000 OZ OF SILVER
In gold, the open interest SURPRISINGLY ROSE BY A CONSIDERABLE 2419 CONTRACTS DESPITE THE GOOD SIZED FALL IN PRICE OF GOLD ($6.15) . The new OI for the gold complex rests at 531,918.
NO EFP’S WERE ISSUED FOR THE UPCOMING NOVEMBER CONTRACT MONTH.
Result: A GOOD SIZED INCREASE IN OI DESPITE THE FALL IN PRICE IN GOLD ($6.15). THERE CERTAINLY WAS NO SHORT COVERING BY THE BANKERS WITH THE RAID YESTERDAY
we had: 186 notice(s) filed upon for 18,600 oz of gold.
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With respect to our two criminal funds, the GLD and the SLV:
GLD:
Strange! with gold up $6.60 today, we had a withdrawal of 1.18 tonnes of gold from inventory at the GLD/
Inventory rests tonight: 849.59 tonnes.
SLV
STRANGE: WITH SILVER DOING WELL THESE PAST THREE TRADING DAYS AND ESPECIALLY TODAY WITH A HUGE GAIN OF 48 CENTS, WE HAD NO DEPOSIT GAIN IN SILVER INVENTORY AT THE SLV:
INVENTORY RESTS AT 319.155 MILLION OZ
This post was published at Harvey Organ Blog on November 1, 2017.
Will The New Bitcoin CME Futures Contract Benefit Gold?
The Chicago Mercantile Exchange (CME) announced a plan to launch Bitcoin futures by the end of the year. The price of Bitcoin surged to a new record in response to the announcement. It was reminiscent of the dot.com era, when a dot.com stock would jump 10% if Maria Bartiromo merely whispered the name of the company on CNBC.
Ironically, the cheers for this new contract from the Bitcoin faithful could turn out to be analogous to chickens in the barnyard cheering at the appearance of Colonel Sanders.
GATA released an article about the new Bitcoin futures contract titled ‘So Long Cryptos.’ I’m sure that editorial stance puzzled most Bitcoin price-momentum chasers. Crypto aficionados, for now, overlook the fact that CME futures are used aggressively to push around the dollar-based Comex gold and silver futures contracts.
As GATA points out, the ability to manipulate precious metals futures contracts by the official entities motivated to suppress the price of gold is reinforced by the volume trading discounts given from the CME to Governments and Central Banks who trade on the CME.
This post was published at Investment Research Dynamics on November 1, 2017.
OCT 30/PAUL MANAFORT ARRESTED TODAY ON 12 COUNTS OF TAX EVASION AND MONEY LAUNDERING/GOLD REBOUNDS HIGHER BY $5.30 AND SILVER IS UP BY 8 CENTS/CHINA’S STOCK MARKET AND BOND MARKET FALL BADLY WITH…
GOLD: $1276.15 UP $5.30
Silver: $16.83 UP 8 cents
Closing access prices:
Gold $1276.20
silver: $16.86
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: $1287.00 DOLLARS PER OZ
NY PRICE OF GOLD AT EXACT SAME TIME: $1271.87
PREMIUM FIRST FIX: $15.13(premiums getting larger)
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SECOND SHANGHAI GOLD FIX: $1288.17
NY GOLD PRICE AT THE EXACT SAME TIME: $1270.30
Premium of Shanghai 2nd fix/NY:$17.87 PREMIUMS GETTING LARGER)
CHINA REJECTS NEW YORK PRICING OF GOLD!!!!
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LONDON FIRST GOLD FIX: 5:30 am est $1272.75
NY PRICING AT THE EXACT SAME TIME: $1271.15
LONDON SECOND GOLD FIX 10 AM: $1272.00
NY PRICING AT THE EXACT SAME TIME. 1273.70 ??
For comex gold:
OCTOBER/
NOTICES FILINGS TODAY FOR OCT CONTRACT MONTH: 82 NOTICE(S) FOR 8200 OZ.
TOTAL NOTICES SO FAR: 3332 FOR 333,200 OZ (10.326TONNES)
For silver:
OCTOBER
1 NOTICE(S) FILED TODAY FOR
5,000 OZ/
Total number of notices filed so far this month: 1095 for 5,475,000 oz
This post was published at Harvey Organ Blog on October 30, 2017.
OCT 26/GOLD AND SILVER DOWN ON COMEX OPTIONS EXPIRY/ECB EXTENDS QE BY PURCHASING 30 BILLION EUROS WORTH OF BONDS PER MONTH UNTIL SEPT 2018 AND THIS DOVISH RESPONSE IS BAD FOR GOLD?/SEE-SAW EVENTS…
GOLD: $1269.00 down $8.80
Silver: $16.80 DOWN 15 cents
Closing access prices:
Gold $1267.90
silver: $16.80
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: $1291.03 DOLLARS PER OZ
NY PRICE OF GOLD AT EXACT SAME TIME: $1280.50
PREMIUM FIRST FIX: $10.53(premiums getting larger)
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SECOND SHANGHAI GOLD FIX: $1291.03
NY GOLD PRICE AT THE EXACT SAME TIME: $1281.00
Premium of Shanghai 2nd fix/NY:$10.03 PREMIUMS GETTING LARGER)
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LONDON FIRST GOLD FIX: 5:30 am est $1278.20
NY PRICING AT THE EXACT SAME TIME: $1277.75
LONDON SECOND GOLD FIX 10 AM: $1273.75
NY PRICING AT THE EXACT SAME TIME. 1274.70 ??
For comex gold:
OCTOBER/
NOTICES FILINGS TODAY FOR OCT CONTRACT MONTH: 85 NOTICE(S) FOR 8500 OZ.
TOTAL NOTICES SO FAR: 3173 FOR 317,300 OZ (9.869TONNES)
For silver:
OCTOBER
28 NOTICES FILED TODAY FOR
140,000 OZ/
Total number of notices filed so far this month: 1057 for 5,285,000 oz
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Bitcoin: $5834 bid /$58544 offer UP $155.00 (MORNING)
BITCOIN CLOSING;$5833 BID:5853. OFFER up $155.00
This post was published at Harvey Organ Blog on October 26, 2017.
Stocks and Precious Metals Charts – After the Bell – A Cross of Iron
“Every gun that is made, every warship launched, every rocket fired signifies, in the final sense, a theft from those who hunger and are not fed, those who are cold and are not clothed. This world in arms is not spending money alone. It is spending the sweat of its laborers, the genius of its scientists, the hopes of its children. The cost of one modern heavy bomber is this: a modern brick school in more than 30 cities. It is two electric power plants, each serving a town of 60,000 population. It is two fine, fully equipped hospitals. It is some fifty miles of concrete pavement. We pay for a single fighter with a half-million bushels of wheat. We pay for a single destroyer with new homes that could have housed more than 8,000 people…
This is not a way of life at all, in any true sense. Under the cloud of threatening war, it is humanity hanging from a cross of iron.”
Dwight D. Eisenhower, 16 April 1953
The big tickle today was the strength in the Dollar index based on Euro weakness, thanks to Monsieur Draghi.
There was a minor option expiration for gold on the Comex today. I do not think that drove the action in the metals, compared to the big spike in the Dollar.
After the bell we will be seeing some big earnings announcements including Amazon, Alphabet, Microsoft and Intel.
CVS Health is in talks to buy Aetna. More consolidation in the health/insurance sector, under the title of ‘vertical integration’ which is a finer sounding title for ‘monopolization.’
This post was published at Jesses Crossroads Cafe on 26 OCTOBER 2017.
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