Harvey Organ: At The Gold Comex, Almost 84 Tonnes Is Standing For The Month For Delivery!

This exceeds the previous record by almost 100%…

by Harvey Organ of Harvey Organ Blog

APRIL 7A//GOLD UP SLIGHTLY AT 30 CENTS TO $1650.60//SILVER UP 26 CENTS TO 15.11//AT THE GOLD COMEX ALMOST 84 TONNES IS STANDING FOR THE MONTH FOR DELIVERY: EXCEEDS PREVIOUS RECORD BY ALMOST 100%//THE ECB FOR THE FIRST TIME ACCEPTING GREEK DEBT..MUST NEED FOR JUNK TO BUY!!//PERENNIAL DEFAULTER ARGENTINA DEFAULTS AGAIN FOR THE 9TH TIME IN THEIR SHORT HISTORY//USA TO GIVE MORE HELICOPTER MONEY FOR SMALL BUSINESS: $200 BILLION

GOLD:$1650.60  UP $0.30   The quote is London spot price

Silver:$15.11//UP $.26  London spot price

Closing access prices:  London spot

i)Gold : $1649.50  LONDON SPOT  4:30 pm

ii)SILVER:  $15.02//LONDON SPOT  4:30 pm

CLOSING FUTURES PRICES:  KEY MONTHS

APRIL comex gold price CLOSE 1.30 PM:  $1669.30

JUNE GOLD:  $1687.40  CLOSE 1.30 PM//   SPREAD SPOT/FUTURE JUNE: $36.80

CLOSING SILVER FUTURE MONTH

SILVER MAY COMEX CLOSE;   $15.43…1:30 PM.//SPREAD SPOT/FUTURE MAY: 32 CENTS  PER OZ

the gold market continues to be broken as future prices are much higher than spot prices.  The comex is desperate to fix things but they have no available gold.

If one is to buy gold and or gold coins, the price is around $2600. usa per oz

and silver; $29.00 per oz//

LADIES AND GENTLEMEN: YOU ARE NOW WITNESSING FIRST HAND THE DIFFERENCE BETWEEN PAPER GOLD/SILVER AND THE REAL PHYSICAL STUFF!!

COMEX DATA

JPMorgan has been receiving gold with reckless abandon and sometimes supplying (stopping)

today RECEIVING: 440/808

ISSUING 226

EXCHANGE: COMEX
CONTRACT: APRIL 2020 COMEX 100 GOLD FUTURES
SETTLEMENT: 1,677.000000000 USD
INTENT DATE: 04/06/2020 DELIVERY DATE: 04/08/2020
FIRM ORG FIRM NAME ISSUED STOPPED
____________________________________________________________________________________________
118 H MACQUARIE FUT 33
159 C ED&F MAN CAP 24
323 C HSBC 320 1
323 H HSBC 91
355 C CREDIT SUISSE 38
657 C MORGAN STANLEY 17
661 C JP MORGAN 226 440
661 H JP MORGAN 20
685 C RJ OBRIEN 5 1
686 C INTL FCSTONE 5 16
690 C ABN AMRO 213 51
709 C BARCLAYS 2
800 C MAREX SPEC 18 38
880 H CITIGROUP 29
905 C ADM 1 27
____________________________________________________________________________________________

TOTAL: 808 808
MONTH TO DATE: 25,941

NUMBER OF NOTICES FILED TODAY FOR  APRIL CONTRACT: 808 NOTICE(S) FOR 80,800 OZ (2.513 tonnes)

TOTAL NUMBER OF NOTICES FILED SO FAR:  25941 NOTICES FOR 2,594,100 OZ  (80.687 TONNES)

SILVER

FOR APRIL

21 NOTICE(S) FILED TODAY FOR 105,000  OZ/

total number of notices filed so far this month: 779 for 3,895,000 oz

BITCOIN MORNING QUOTE  $7385 UP $56 

BITCOIN AFTERNOON QUOTE.: $7197 DOWN $220

GLD AND SLV INVENTORIES:

WITH GOLD UP $0.30: AND NO PHYSICAL TO BE FOUND ANYWHERE:

WITH ALL REFINERS CLOSED//MEXICO ORDERING ALL MINES SHUT:   WHERE ARE THEY GETTING THE “PHYSICAL”?

WE HAD ANOTHER STRONG DEPOSIT OF 5.27 TONNES (PAPER TONNES/NOT REAL STUFF)

GLD: 984.26 TONNES OF GOLD//

WITH SILVER UP 26 CENTS TODAY: AND WITH NO SILVER AROUND

ANOTHER MONSTROUS PAPER DEPOSIT OF 5.766 MILLION OZ INTO THE SLV..

RESTING SLV INVENTORY TONIGHT:

SLV: 401.541  MILLION OZ./

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Let us have a look at the data for today

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IN SILVER THE COMEX OI ROSE BY A CONSIDERABLE SIZED 1862 CONTRACTS FROM 138,738 UP TO 140,600 AND FURTHER FROM OUR NEW RECORD OF 244,710, (FEB 25/2020. THE CONSIDERABLE GAIN IN OI OCCURRED WITH OUR 50 CENT GAIN IN SILVER PRICING AT THE COMEX. WE  HAD ZERO LONG LIQUIDATION. IT SEEMS THAT THE GAIN IN OI IS DUE TO  BANKER SHORT COVERING PLUS A CONSIDERABLE EXCHANGE FOR PHYSICAL ISSUANCE ALONG WITH A STRONG GAIN IN SILVER OZ STANDING. WE HAD A VERY STRONG NET GAIN IN OUR TWO EXCHANGES OF 2601 CONTRACTS  (SEE CALCULATIONS BELOW)

WE HAVE ALSO WITNESSED A STRONG AMOUNT OF PHYSICAL METAL STAND FOR COMEX DELIVERY AS WELL WE ARE WITNESSING CONSIDERABLE LONGS PACKING THEIR BAGS AND MIGRATING OVER TO LONDON IN GREATER NUMBERS IN THE FORM OF EFP’S.  WE WERE  NOTIFIED  THAT WE HAD A GOOD SIZED NUMBER OF COMEX LONGS TRANSFERRING THEIR CONTRACTS TO LONDON THROUGH THE EFP ROUTE:   MARCH:  00 AND MAY: 739 AND JULY: 0 ZERO FOR ALL  OTHER MONTHS  AND THEREFORE TOTAL ISSUANCE  713 CONTRACTS. WITH THE TRANSFER OF 739 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 24-48 HRS IN THE ISSUING OF EFP’S. THE 739 EFP CONTRACTS TRANSLATES INTO 3.695 MILLION OZ  ACCOMPANYING:

1.THE 50 CENT GAIN IN SILVER PRICE AT THE COMEX AND

2. THE STRONG AMOUNT OF SILVER OUNCES WHICH STOOD FOR DELIVERY IN THE LAST 12 MONTHS:

JUNE/2018. (5.420 MILLION OZ);

FOR JULY: 30.370 MILLION OZ

FOR AUG., 6.065 MILLION OZ

FOR SEPT. 39.505 MILLION  OZ S

FOR OCT.2.525 MILLION OZ.

FOR NOV:  A HUGE 7.440 MILLION OZ STANDING  AND

21.925 MILLION OZ FINALLY STAND FOR DECEMBER.

5.845 MILLION OZ STAND IN JANUARY.

2.955 MILLION OZ STANDING FOR FEBRUARY.:

27.120 MILLION OZ STANDING IN MARCH.

3.875 MILLION OZ STANDING FOR SILVER IN APRIL.

18.845 MILLION OZ STANDING FOR SILVER IN MAY.

2.660 MILLION OZ STANDING FOR SILVER IN JUNE//

22.605 MILLION OZ  STANDING FOR JULY

10.025   MILLION OZ INITIAL STANDING IN AUGUST.

43.030   MILLION OZ INITIALLY STANDING IN SEPT. (HUGE)

7.32     MILLION OZ INITIALLY STANDING IN OCT

2.630     MILLION OZ STANDING FOR NOV.

20.970   MILLION OZ  FINAL STANDING IN DEC

5.075     MILLION OZ FINAL STANDING IN JAN

1.480    MILLION OZ FINAL STANDING IN FEB

23.005  MILLION OZ FINAL STANDING FOR MAR

4.045  MILLION OZ INITIALLY STANDING FOR APRIL

MONDAY, AGAIN OUR CROOKS USED COPIOUS PAPER IN ORDER TO LIQUIDATE SILVER’S PRICE…AND THEY WERE UNSUCCESSFUL IN KNOCKING THE PRICE OF SILVER DOWN (IT ROSE 50 CENTS).. AND, OUR OFFICIAL SECTOR/BANKERS WERE TOTALLY UNSUCCESSFUL IN THEIR ATTEMPT TO FLEECE ANY  SILVER LONGS FROM THEIR POSITIONS, AS WE DID HAVE A STRONG NET GAIN OF 2601 CONTRACTS OR 13.00 MILLION OZ ON THE TWO EXCHANGES! YOU CAN BET THE FARM THAT OUR BANKER  ARE DESPERATE TO LIQUIDATE THEIR HUGE SHORT POSITIONS IN SILVER JUDGING BY THE HUGE GAIN IN PRICE.

OUR SPREADING OPERATION HAS NOW SWITCHED INTO SILVER…..

SPREADING OPERATION FOR OUR NEWCOMERS:

WE HAVE NOW COMMENCED IN SILVER THE ILLEGAL SPREADING OPERATION \ FOR NEWCOMERS, HERE ARE THE DETAILS:

SPREADING LIQUIDATION HAS NOW STOPPED IN GOLD AS THEY NOW BEGIN TO MORPH INTO SILVER AS WE HEAD TOWARDS THE NEW FRONT MONTH WILL BE MAY.

FOR THOSE OF YOU WHO ARE NEW, HERE IS THE MODUS OPERANDI OF THE SPREADERS AND THE CRIMINAL ELEMENT BEHIND IT:

HERE IS A BRIEF SYNOPSIS OF HOW THE CROOKS FLEECE UNSUSPECTING LONGS IN THE SPREADING ENDEAVOUR;

THE SPREADING LIQUIDATION OPERATION IS NOW OVER FOR GOLD..AND WE WILL NOW MORPH INTO AN ACCUMULATION PHASE OF SPREADING CONTRACTS FOR SILVER.  THEY WILL ACCUMULATE CONSIDERABLE AMOUNT OF THE CONTRACTS AND THEN LIQUIDATE ONE WEEK PRIOR TO FIRST DAY NOTICE

MODUS OPERANDI OF THE CORRUPT BANKERS AS TO HOW THEY HANDLE THEIR SPREAD OPEN INTERESTS:

.

AS I HAVE MENTIONED IN PREVIOUS COMMENTARIES:

“AS YOU WILL SEE, THE CROOKS WILL NOW SWITCH TO SILVER AS THEY INCREASE THE OPEN INTEREST FOR THE SPREADERS. THE TOTAL COMEX SILVER OPEN INTEREST WILL RISE FROM NOW ON UNTIL ONE WEEK PRIOR TO FIRST DAY NOTICE AND THAT IS WHEN THEY START THEIR CRIMINAL LIQUIDATION.

HERE IS HOW THE CROOKS USED SPREADING AS WE ARE NOW INTO THE NON ACTIVE DELIVERY MONTH OF APRIL HEADING TOWARDS THE  ACTIVE DELIVERY MONTH OF MAY FOR SILVER:

YOU WILL ALSO NOTICE THAT THE COMEX OPEN INTEREST  STARTS TO RISE IN THIS NON ACTIVE MONTH OF APRIL. BUT SO IS THE OPEN INTEREST OF SPREADERS. THE OPEN INTEREST IN GOLD WILL CONTINUE TO RISE UNTIL ONE WEEK BEFORE FIRST DAY NOTICE OF AN UPCOMING  ACTIVE DELIVERY MONTH (MAY), 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.”

ACCUMULATION FOR EFP’S/SILVER/J.P.MORGAN’S HOUSE OF BRIBES, / STARTING FROM FIRST DAY NOTICE/FOR MONTH OF APRIL:

3651 CONTRACTS (FOR 5 TRADING DAYS TOTAL 3651 CONTRACTS) OR 18.255 MILLION OZ: (AVERAGE PER DAY: 730 CONTRACTS OR 3.651 MILLION OZ/DAY)

TO GIVE YOU AN IDEA AS TO THE HUGE SUPPLY THIS MONTH IN SILVER:  SO FAR THIS MONTH OF APRIL: 18.255 MILLION PAPER OZ HAVE MORPHED OVER TO LONDON. THIS REPRESENTS AROUND 2.60% OF ANNUAL GLOBAL PRODUCTION (EX CHINA EX RUSSIA)*  JUNE’S 345.43 MILLION OZ IS THE SECOND HIGHEST RECORDED ISSUANCE OF EFP’S AND IT FOLLOWED THE RECORD SET IN APRIL 2018 OF 385.75 MILLION OZ.

ACCUMULATION IN YEAR 2020 TO DATE SILVER EFP’S:          911.74 MILLION OZ.

JANUARY 2020 EFP TOTALS SO FAR: 181.61 MILLION OZ

FEB 2020 EFP’S TOTAL :  ……     259.600 MILLION OZ

MARCH EFP’S …..                     452.280 MILLION OZ  //TOTALS//AND A NEW RECORD FOR THE MONTH)

APRIL EFP SO FAR                   18.255 MILLION OZ.

RESULT: WE HAD A CONSIDERABLE SIZED INCREASE IN COMEX OI SILVER COMEX CONTRACTS OF 1862, WITH THE $0.50 GAIN IN SILVER PRICING AT THE COMEX /MONDAY… THE CME NOTIFIED US THAT WE HAD A CONSIDERABLE SIZED EFP ISSUANCE OF 739 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

TODAY WE GAINED A STRONG SIZED OI CONTRACTS ON THE TWO EXCHANGES:  2601 CONTRACTS (WITH THE 50 CENT GAIN IN PRICE)

THE TALLY//EXCHANGE FOR PHYSICALS

i.e 739 OPEN INTEREST CONTRACTS HEADED FOR LONDON  (EFP’s) TOGETHER WITH INCREASE OF 1862 OI COMEX CONTRACTS.AND ALL OF THIS DEMAND HAPPENED WITH A 50 CENT GAIN IN PRICE OF SILVER/ AND A CLOSING PRICE OF $14.85 // MONDAY’S TRADING. YET WE STILL HAVE A STRONG AMOUNT OF SILVER STANDING AT THE COMEX FOR DELIVERY AS WELL AS A GOOD INCREASE IN QUEUE JUMPING//AMOUNT STANDING!! 

In ounces AT THE COMEX, the OI is still represented by JUST UNDER 1 BILLION oz i.e. 0.693 BILLION OZ TO BE EXACT or 99.0% of annual global silver production (ex Russia & ex China).

FOR THE NEW  MAR DELIVERY MONTH/ THEY FILED AT THE COMEX: 21 NOTICE(S) FOR  105,000 OZ OF SILVER.

IN SILVER,PRIOR TO TODAY, WE  SET THE NEW COMEX RECORD OF OPEN INTEREST AT 244,196 CONTRACTS ON AUG 22.2018. AND AGAIN THIS HAS BEEN SET WITH A LOW PRICE OF $14.70//TODAY’S RECORD OF 244,705 IS SET WITH A PRICE OF: 18.91 (FEB 25/2020)

.

ON THE DEMAND SIDE WE HAVE THE FOLLOWING:

  1. HUGE AMOUNTS OF SILVER STANDING FOR DELIVERY  (MARCH/2018: 27 MILLION OZ , APRIL/2018 : 2.485 MILLION OZ  MAY: 36.285 MILLION OZ ; JUNE/2018  (5.420 MILLION OZ) , JULY 2018 FINAL AMOUNT STANDING: 30.370 MILLION OZ   )  FOR AUGUST 6.065 MILLION OZ. , SEPT:  A HUGE 39.505 MILLION OZ./ OCTOBER: 2,520,000 oz  NOV AT 7.440 MILLION OZ./ DEC. AT 21.925 MILLION OZ   JANUARY AT  5.825 MILLION OZ.AND FEB 2019:  2.955 MILLION OZ/ MARCH: 27.120 MILLION OZ/  APRIL AT 3.875 MILLION OZ/ A MAY:  18.845 MILLION OZ ..JUNE 2.660 MILLION OZ//JULY 22.605 MILLION OZ; AUGUST 10.025 MILLION OZ/ SEPT 43.030 MILLION OZ//OCT: 7.665 MILLION OZ//   NOV: 2.630 MILLION OZ//DEC:  20.970 MILLION OZ; JAN:  5.075 MILLION OZ.//FEB 1.480 MILLION OZ//MAR: 23.005 MILLION OZ/APRIL 4.035 MILLION OZ//
  2. THE  RECORD PRIOR TO TODAY WAS SET IN FEB 25/2018:  244,710 CONTRACTS,  WITH A SILVER PRICE OF $18.90//.
  3. HUGE ANNUAL EFP’S ISSUANCE EQUAL TO 2.9 BILLION OZ OR 400% OF SILVER ANNUAL PRODUCTION/2017 RECORD SETTING EFP ISSUANCE FOR ANY MONTH IN SILVER; APRIL/2018/ 385.75 MILLION OZ/  AND THE SECOND HIGHEST RECORDED EFP ISSUANCE JUNE 2018 345.43 MILLION OZ

AND YET, WITH THE EXTREMELY HIGH EFP ISSUANCE, WE HAVE A CONTINUAL LOW PRICE OF SILVER DESPITE THE ABOVE HUGE DEMAND.  TO ME THE ONLY ANSWER IS THAT WE HAVE SOVEREIGN  (CHINA) WHO IS ENDEAVOURING TO GOBBLE UP ALL AVAILABLE PHYSICAL SILVER NO MATTER WHERE, EXACTLY WHAT J.P.MORGAN IS DOING. AND IT IS MY BELIEF THAT J.P.MORGAN IS HOLDING ITS SILVER FOR ITS BENEFICIAL OWNER..THE USA GOVERNMENT WHO IN TURN IS HOLDING THAT SILVER FOR CHINA.(FOR A SILVER LOAN REPAYMENT)

GOLD

IN GOLD, THE COMEX OPEN INTEREST ROSE BY A CONSIDERABLE 5575 CONTRACTS TO 489,872 AND FURTHER FROM OUR NEW RECORD (SET JAN 24/2020) AT 799,541 AND  PREVIOUS TO THAT: (SET JAN 6/2020) AT 797,110.

THE GAIN OF COMEX OI OCCURRED WITH OUR STRONG COMEX GAIN IN PRICE  OF $32.00 /// COMEX GOLD TRADING// MONDAY// WE  HAD CONSIDERABLE BANKER SHORT COVERING ALONG WITH ZERO LONG LIQUIDATION ACCOMPANYING A STRONG  EX. FOR PHYSICAL ISSUANCE AND THIS WAS COUPLED WITH THAT HUGE GOOD ADVANCE IN THE PAPER PRICE OF GOLD. THUS THE GAIN ON THE COMEX WAS DUE TO  CONSIDERABLE BANKER SHORT COVERING, ZERO LONG LIQUIDATION, A  VERY STRONG INCREASE IN GOLD OZ STANDING  AND OUR CONSIDERABLE GAIN IN EXCHANGE FOR PHYSICALS , . WE GAINED A STRONG 10,524 CONTRACTS  (32.730 TONNES) ON OUR TWO EXCHANGES.

E.F.P. ISSUANCE

THE CME RELEASED THE DATA FOR EFP ISSUANCAND IT TOTALED A SMALL SIZED 6159 CONTRACTS:

CONTRACTS, FEB>  CONTRACTS; MARCH 00 APRIL: 0. MAY: 0, AND JUNE 4949.; DEC 0 AND ALL OTHER MONTHS ZERO//TOTAL: 4949.  The NEW COMEX OI for the gold complex rests at 489,686. ALSO REMEMBER THAT THERE WILL 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. . 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 VERY STRONG SIZED INCREASE IN TOTAL CONTRACTS ON THE TWO EXCHANGES OF 10,524 CONTRACTS: 5575 CONTRACTS INCREASED AT THE COMEX AND 4949 EFP OI CONTRACTS WHICH NAVIGATED OVER TO LONDON. THUS  TOTAL OI GAIN OF 10,524 CONTRACTS OR 32.73 TONNES. MONDAY, WE HAD A CONSIDERABLE GAIN OF $32.00 IN GOLD TRADING……

AND WITH THAT HUGE GAIN IN  PRICE, WE  HAD A VERY STRONG SIZED GAIN IN  TOTAL/TWO EXCHANGES GOLD TONNAGE OF 32.73  TONNES!!!!!! THE BANKERS/OFFICIAL SECTOR WERE SUPPLYING INFINITE SUPPLIES OF SHORT GOLD COMEX PAPER WITH RECKLESS ABANDON. THE BANKERS WERE UNSUCCESSFUL IN THEIR ATTEMPT TO LOWER GOLD’S PRICE (ROSE $32.00). AND IT ALSO SEEMS THAT THEIR ATTEMPT TO FLEECE ANY GOLD LONGS FROM THE GOLD ARENA WERE UNSUCCESSFUL  ( SEE BELOW). I WOULD ALSO LIKE TO ADD THAT WE HAD ZERO ISSUANCE OF THOSE NEW 4 GC CONTRACTS. 

CALCULATIONS ON GAIN/LOSS ON OUR TWO EXCHANGES:

 WE HAD  A CONSIDERABLE SIZED INCREASE IN EXCHANGE FOR PHYSICALS  (4949) ACCOMPANYING THE CONSIDERABLE GAIN IN COMEX OI  (5575 OI):  TOTAL GAIN IN THE TWO EXCHANGES:  10,524 CONTRACTS.  WE NO DOUBT HAD 1 )HUGE BANKER SHORT COVERING, 2.)A MONSTROUS INCREASE IN  STANDING AT THE GOLD COMEX FOR THE FRONT APRIL MONTH,  3) ZERO LONG LIQUIDATION AND  …ALL OF THIS WAS COUPLED WITH THAT HUGE GAIN IN GOLD PRICE TRADING//MONDAY

HISTORICAL ACCUMULATION OF EXCHANGE FOR PHYSICALS IN 2020 INCLUDING TODAY

ACCUMULATION OF EFP’S GOLD AT J.P. MORGAN’S HOUSE OF BRIBES: (EXCHANGE FOR PHYSICAL) FOR THE MONTH OF APRIL : 26,647 CONTRACTS OR 2,664,700 oz OR 82.88 TONNES (5 TRADING DAYS AND THUS AVERAGING: 5329 EFP CONTRACTS PER TRADING DAY

TO GIVE YOU AN IDEA AS TO THE STRONG SIZE OF THESE EFP TRANSFERS :  THIS MONTH IN 5 TRADING DAY(S) IN  TONNES: 82.88 TONNES

TOTAL ANNUAL GOLD PRODUCTION, 2019, THROUGHOUT THE WORLD EX CHINA EX RUSSIA: 3555 TONNES

THUS EFP TRANSFERS REPRESENTS 82.88/3550 x 100% TONNES =2.33% OF GLOBAL ANNUAL PRODUCTION

ISSUANCE OF EXCHANGE FOR PHYSICAL GOLD HAS EXPLODED THIS MONTH.

ACCUMULATION OF GOLD EFP’S YEAR 2020 TO DATE:    2405.78  TONNES

JANUARY 2220 TOTAL EFP ISSUANCE; : 570.19 TONNES

FEB 2020 TOTAL EFP ISSUANCE :            653.78 TONNES

MARCH TOTAL EFP ISSUANCE                1,098.93  TONNES  (//(*AND A NEW ALL TIME RECORD ISSUANCE//22 DAYS)
APRIL TOTAL EFP. ISSUANCE:               82.88  TONNES

EXCHANGE FOR PHYSICAL ISSUANCE IS NOW DECLINING!!

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.

Let us head over to the comex:

THE TOTAL COMEX GOLD OPEN INTEREST ROSE BY A CONSIDERABLE 5575 CONTRACTS TO 489,676 MOVING CLOSER TO OUR  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 CONSIDERABLE COMEX OI GAIN WAS SET WITH A HUMONGOUS GAIN OF $32.00 IN GOLD PRICING //MONDAY’S  COMEX TRADING//). WE ALSO HAD A STRONG EFP ISSUANCE (4949 CONTRACTS),.  THUS WE HAD 1) HUGE BANKER SHORT COVERING AT THE COMEX AND 2)    ZERO LONG LIQUIDATION AND 3)  ANOTHER STRONG INCREASE IN GOLD OZ STANDING AT THE COMEX WITH THAT HUGE STANDING  APRIL/GOLD…  AS WE ENGINEERED A STRONG GAIN ON TWO EXCHANGES OF 10,524 CONTRACTS.

EXCHANGE FOR PHYSICAL ISSUANCE

WE ARE NOW IN THE  ACTIVE DELIVERY MONTH OF APRIL..  THE CME REPORTS THAT THE BANKERS ISSUED AN ATMOSPHERIC SIZED  TRANSFER THROUGH THE EFP ROUTE AS THESE LONGS RECEIVED A DELIVERABLE LONDON FORWARD TOGETHER WITH A FIAT BONUS., THAT IS 4949 EFP CONTRACTS WERE ISSUED:

 FEB: 0; MARCH 00 AND APRIL: 0, MAY: 0  JUNE : 4149 AND 0 FOR DEC AND  ZERO FOR ALL OTHER MONTHS:

TOTAL EFP ISSUANCE: 4149 CONTRACTS.

THE OBLIGATION STILL RESTS WITH THE BANKERS ON THESE TRANSFERS. ALSO REMEMBER THAT THERE IS NO DOUBT A HUGE DELAY IN THE ISSUANCE OF EFP’S AND IT PROBABLY TAKES AT LEAST  48 HRS AFTER OUR LONGS GIVE UP THEIR COMEX CONTRACTS FOR THEM TO RECEIVE THEIR EFP’S AS THEY ARE NEGOTIATING THIS CONTRACT WITH THE BANKS FOR A FIAT BONUS PLUS THEIR TRANSFER TO A LONDON BASED FORWARD.

ON A NET BASIS IN OPEN INTEREST WE GAINED THE FOLLOWING TODAY ON OUR TWO EXCHANGES:  10,524 TOTAL CONTRACTS IN THAT 4949 LONGS WERE TRANSFERRED AS FORWARDS TO LONDON AND WE GAINED A CONSIDERABLE SIZED 5575 COMEX CONTRACTS.  THE BANKERS PROVIDED ALL THE NECESSARY SHORT PAPER TO WHICH OUR LONGS DUTIFULLY ACCEPTED AS THEY GOBBLED UP A CONSIDERABLE AMOUNT OF EXCHANGE FOR PHYSICALS WITH A HUGE BANKER SHORT COVERING ACCOMPANYING OUR STRONG COMEX GOLD TONNAGE STANDING FOR DELIVERY.

THE BANKERS WERE UNSUCCESSFUL IN LOWERING GOLD’S PRICE  //// (IT ROSE BY $32.00)THEY WERE   UNSUCCESSFUL IN FLEECING ANY LONGS, AS THE TOTAL GAIN ON THE TWO EXCHANGES REGISTERED 33.28 TONNES.

NET GAIN ON THE TWO EXCHANGES :: 10,524 CONTRACTS OR 1,052,400 OZ OR 32.73 TONNES.

COMMODITY LAW SUGGESTS THAT COMMODITY FUTURES OPEN INTEREST SHOULD APPROXIMATE 3% OF TOTAL PRODUCTION.  IN GOLD THE WORLD PRODUCES AROUND 3500 TONNES PER YEAR BUT ONLY 2200 TONNES ARE AVAILABLE FROM THE WEST (THUS EXCLUDING RUSSIA, CHINA ETC..WHO KEEP 100% OF THEIR PRODUCTION)

THUS IN GOLD WE HAVE THE FOLLOWING:  489,696 TOTAL OI CONTRACTS X 100 OZ PER CONTRACT = 48.96 MILLION OZ/32,150 OZ PER TONNE =  1522 TONNES

THE COMEX OPEN INTEREST REPRESENTS 1522/2200 OR 69.24% OF ANNUAL GLOBAL PRODUCTION OF GOLD.

Trading Volumes on the COMEX TODAY: 202,191 contracts

CONFIRMED COMEX VOL. FOR YESTERDAY:  212,167 contracts//

APRIL 7

APRIL GOLD CONTRACT MONTH

i ) We had 2 deposits into the dealer

i) into the dealer Brinks: 208,917.238 oz

ii) Into the dealer Manfra: 31,925.943 oz

total dealer deposits: 240,843.181  oz

total dealer withdrawals: NIL oz

we had 3 deposit into the customer account

i) Into BRINKS:  112,817.859 OZ

ii) Into HSBC 46,273.702 oz

iii) Into Malca 72,247.180 oz

total deposits: 888,338.741  oz

we had 0 gold withdrawals from the customer account:

total gold withdrawals;  nil   oz

We had 2 small kilo transactions and thus everything is basically physical

We had only one 4 KC bar transaction

ADJUSTMENTS: 5

the first two:  dealer to the customer:

Brinks:  480.265 oz from the dealer to the customer Brinks

Manfra:  64.296 oz from the dealer to the customer Manfra. 2 kilobars

the next 3 customer to dealer:

i) Delaware: 2411.325 oz from customer to dealer:  75 kilobars

ii) HSBC: 31,132.34 oz from customer to dealer

iii) Manfra: 19,387.053  oz from customer to dealer.

Here is a snapshot of gold metal at the Comex

the underlined gold coloured items are the 4 GC gold:

all of these bars are in London and not in New York

METAL DEPOSITORY STATISTICS
GOLD Report Date: 4/7/2020
Troy Ounce Activity Date: 4/6/2020

DEPOSITORY PREV TOTAL RECEIVED WITHDRAWN NET CHANGE ADJUSTMENT TOTAL TODAY

BRINK’S, INC.
Registered 537,515.668 208,917.238 0.000 208,917.238 -482.265 745,950.641
Eligible 494,633.786 112,817.859 0.000 112,817.859 482.265 607,933.910
Total 1,032,149.454 321,735.097 0.000 321,735.097 0.000 1,353,884.551

BRINK’S, INC.- ENHANCED DELIVERY (400 OZ AND ELIGIBLE BRANDS)
Registered 0.000 0.000 0.000 0.000 0.000 0.000
Eligible 38,874.004 0.000 0.000 0.000 0.000 38,874.004
Total 38,874.004 0.000 0.000 0.000 0.000 38,874.004

DELAWARE DEPOSITORY
Registered 31,954.664 0.000 0.000 0.000 2,411.325 34,365.989
Eligible 111,857.457 0.000 0.000 0.000 -2,411.325 109,446.132
Total 143,812.121 0.000 0.000 0.000 0.000 143,812.121

DELAWARE DEPOSITORY – ENHANCED DELIVERY (400 OZ AND ELIGIBLE BRANDS)
Registered 0.000 0.000 0.000 0.000 0.000 0.000
Eligible 0.000 0.000 0.000 0.000 0.000 0.000
Total 0.000 0.000 0.000 0.000 0.000 0.000

HSBC BANK, USA
Registered 979,065.688 0.000 0.000 0.000 31,132.340 1,010,198.028
Pledged 176,211.457 176,211.457
Eligible 4,227,974.525 46,273.702 0.000 46,273.702 -31,132.340 4,243,115.887
Total 5,207,040.213 46,273.702 0.000 46,273.702 0.000 5,253,313.915

HSBC BANK, USA – ENHANCED DELIVERY (400 OZ AND ELIGIBLE BRANDS)
Registered 0.000 0.000 0.000 0.000 0.000 0.000
Eligible 691,811.845 0.000 0.000 0.000 0.000 691,811.845
Total 691,811.845 0.000 0.000 0.000 0.000 691,811.845

INTERNATIONAL DEPOSITORY SERVICES OF DELAWARE
Registered 262,061.457 0.000 0.000 0.000 0.000 262,061.457
Eligible 165,609.801 0.000 0.000 0.000 0.000 165,609.801
Total 427,671.258 0.000 0.000 0.000 0.000 427,671.258

INTERNATIONAL DEPOSITORY SERVICES OF DELAWARE -ENHANCED DELIVERY (400 OZ AND ELIGIBLE BRANDS)
Registered 0.000 0.000 0.000 0.000 0.000 0.000
Eligible 0.000 0.000 0.000 0.000 0.000 0.000
Total 0.000 0.000 0.000 0.000 0.000 0.000

JP MORGAN CHASE BANK NA
Registered 1,691,368.184 0.000 0.000 0.000 0.000 1,691,368.184
Pledged 341,434.443 341,434.443
Eligible 892,713.231 0.000 0.000 0.000 0.000 892,713.231
Total 2,584,081.415 0.000 0.000 0.000 0.000 2,584,081.415

JP MORGAN CHASE BANK NA – ENHANCED DELIVERY (400 OZ AND ELIGIBLE BRANDS)
Registered 0.000 0.000 0.000 0.000 0.000 0.000
Eligible 4,078,063.401 0.000 0.000 0.000 0.000 4,078,063.401
Total 4,078,063.401 0.000 0.000 0.000 0.000 4,078,063.401

LOOMIS INTERNATIONAL (US) INC.
Registered 67,611.450 0.000 0.000 0.000 0.000 67,611.450
Eligible 4,283.718 0.000 0.000 0.000 0.000 4,283.718
Total 71,895.168 0.000 0.000 0.000 0.000 71,895.168

LOOMIS INTERNATIONAL (US) INC.- ENHANCED DELIVERY (400 OZ AND ELIGIBLE BRANDS)
Registered 0.000 0.000 0.000 0.000 0.000 0.000
Eligible 24,404.707 0.000 0.000 0.000 0.000 24,404.707
Total 24,404.707 0.000 0.000 0.000 0.000 24,404.707

MALCA-AMIT USA, LLC
Registered 97,860.468 0.000 0.000 0.000 -64.296 97,796.172
Eligible 818,357.532 729,247.180 0.000 729,247.180 64.296 1,547,669.008
Total 916,218.000 729,247.180 0.000 729,247.180 0.000 1,645,465.180

MALCA-AMIT USA, LLC – ENHANCED DELIVERY (400 OZ AND ELIGIBLE BRANDS)
Registered 0.000 0.000 0.000 0.000 0.000 0.000
Eligible 0.000 0.000 0.000 0.000 0.000 0.000
Total 0.000 0.000 0.000 0.000 0.000 0.000

MANFRA, TORDELLA & BROOKES, INC.
Registered 2,787.574 31,925.943 0.000 31,925.943 19,387.053 54,100.570
Eligible 26,852.066 0.000 0.000 0.000 -19,387.053 7,465.013
Total 29,639.640 31,925.943 0.000 31,925.943 0.000 61,565.583

MANFRA, TORDELLA & BROOKES, INC.- ENHANCED DELIVERY (400 OZ AND ELIGIBLE BRANDS)
Registered 0.000 0.000 0.000 0.000 0.000 0.000
Eligible 0.000 0.000 0.000 0.000 0.000 0.000
Total 0.000 0.000 0.000 0.000 0.000 0.000

THE BANK OF NOVA SCOTIA
Registered 399,292.992 0.000 0.000 0.000 0.000 399,292.992
Pledged 42,548.308 42,548.308
Eligible 266,980.415 0.000 0.000 0.000 0.000 266,980.415
Total 666,273.407 0.000 0.000 0.000 0.000 666,273.407

THE BANK OF NOVA SCOTIA – ENHANCED DELIVERY (400 OZ AND ELIGIBLE BRANDS)
Registered 0.000 0.000 0.000 0.000 0.000 0.000
Eligible 0.000 0.000 0.000 0.000 0.000 0.000
Total 0.000 0.000 0.000 0.000 0.000 0.000

TOTAL REGISTERED 4,069,518.145 240,843.181 0.000 240,843.181 52,384.157 4,362,745.483
TOTAL PLEDGED 560,194.208 560,194.208
TOTAL ELIGIBLE 11,842,416.488 888,338.741 0.000 888,338.741 -52,384.157 12,678,371.072
COMBINED TOTAL 15,911,934.633 1,129,181.922 0.000 1,129,181.922 0.000 17,041,116.555

Note: 400 OZ AND ELIGIBLE BRANDS INCLUDES 400 OZ BARS AS WELL AS KILO AND 100 OZ BAR BRANDS ONLY ELIGIBLE FOR DELIVERY FOR THE GOLD ENHANCED DELIVERY (4GC) CONTRACT. KILO AND 100 OZ BARS ELIGIBLE FOR BOTH 4GC AND GOLD (GC) CONTRACT ARE INCLUDED IN REGULAR GOLD DEPOSITORY STOCKS. COMBINED TOTAL REPRESENTS TOTAL REGISTERED, TOTAL PLEDGED, TOTAL ELIGIBLE STOCKS FOR BOTH GOLD ENHANCED DELIVERY AND GOLD CONTRACTS.
COMMODITY EXCHANGE, INC.
COMMODITY EXCHANGE, INC.
COMMODITY EXCHANGE, INC.

The front month of APRIL saw its open interest register 1752 contracts for a loss of ONLY 154 contacts. We had 644 notices filed yesterday so we GAINED A VERY STRONG 490  contracts or 49,000 oz will  stand at the comex as these guys refused to morph into London based forwards and they also negated a fiat bonus

May saw its ANOTHER GAIN of 2 contracts to stand at  2151.

June saw a  GAIN OF 2740 contracts up to 357,112

We had 808 notices filed today for 80,800 ozFOR THE  APRIL 2020 CONTRACT MONTH)Today, 0 notice(s) were issued from JPMorgan dealer account and 226 notices were issued from their client or customer account. The total of all issuance by all participants equates to 808 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 440 notices by the squid  (Goldman Sachs)

To calculate the INITIAL total number of gold ounces standing for the APRIL /2020. contract month, we take the total number of notices filed so far for the month (25,941) x 100 oz , to which we add the difference between the open interest for the front month of  APRIL. (1752 CONTRACTS ) minus the number of notices served upon today (808 x 100 oz per contract) equals 2,688,500 OZ OR 83.623 TONNES) the number of ounces standing in this  active month of APRIL

thus the INITIAL standings for gold for the APRIL/2020 contract month:

No of notices served (25,941)x 100 oz)  + 1752 OI for the front month minus the number of notices served upon today (808 x 100 oz )which equals 2,639,500 oz standing OR 83.623 TONNES in this active delivery month which is  a great amount for gold standing for a APRIL. delivery month.

We gained 490 contracts OR an additional 49,000 OZ WILL  STAND AT THE COMEX as these guys decided it best to look for metal on the this side of the pond, first before travelling to London..

NEW PLEDGED GOLD:  BRINKS

3027.500 OZ  REMOVED TO THE PLEDGED ACCOUNT JAN 10.2020/Brinks

176,211.457 oz NOW PLEDGED  JAN 21.2020/HSBC  5.4807 TONNES

341,434.443 oz PLEDGED  MARCH 2020  JPMORGAN:  10.62 TONNES

42,548.308.00 PLEDGED  APRIL 3/2020: SCOTIA:            1.3234

TOTAL PLEDGED GOLD NOW IN EFFECT:  560,194.208  OZ OR 17.424  TONNES

SURPRISINGLY WE HAVE BEEN WITNESSING NO REAL PHYSICAL GOLD ENTERING THE COMEX VAULTS FOR THE PAST YEAR!! ..ONLY PHONY KILOBAR ENTRIES…. WE HAVE 109.15 TONNES OF REGISTERED GOLD WHICH CAN SETTLE UPON LONGStotal registered or dealer gold:   4,362,745.483 oz or  135.699 tonneswhich  includes the following:a) pledged gold held at HSBC   which cannot settled upon   176,211.457 oz x ( 5.4807 TONNES)//b) pledged gold held at JPMorgan (added March 2020) which cannot be settled upon:  341,434.443 oz (or 10.6200 tonnes)total pledged gold:c)  pledged gold at Scotia: 1.3234 tonnes or 42,548.308 oz which cannot be settled  (1.3234 tonnes)total weight of pledged:  560,194.208 oz or 17.424 tonnesthus:registered gold that can be used to settle upon: 3,802,551.2  (118.27 tonnes)true registered gold  (total registered – pledged tonnes  3,802,551.2 (118.27 tonnes)

total registered, pledged  and eligible (customer) gold;   17,041.116.555 oz 530.05 tonnes

THE GOLD COMEX SEEMS TO BE  UNDER SEVERE ASSAULT FOR PHYSICAL

endApril 7/2019

And now for the wild silver comex results

Total COMEX silver OI ROSE BY A CONSIDERABLE SIZED 1862 CONTRACTS FROM 138,738 UP TO 140,600 (AND MOVING CLOSER TO FROM OUR NEW ALL TIME RECORD OI FOR SILVER SET ON FEB 25.2020(244,710) ECLIPSING OUR PREVIOUS RECORD, AUGUST 25/2018 RECORD (244,196).  THE PREVIOUS RECORD TO THAT WAS SET ON APRIL 9.2018/ 243,411 CONTRACTS) . OUR CONSIDERABLE OI COMEX GAIN TODAY OCCURRED WITH OUR 50 CENT INCREASE IN PRICING/MONDAY.  THE GAIN IN OI OCCURRED WITH 1)  A CONSIDERABLE ISSUANCE OF EXCHANGE FOR PHYSICALS 2) STRONG INCREASE IN SILVER OZ STANDING AT THE COMEX, 3)  HUGE BANKER SHORT COVERING ZERO LONG LIQUIDATION OCCURRING WITH OUR HUGE SILVER ADVANCE. 

WE ARE NOW INTO THE  ACTIVE DELIVERY MONTH OF APRIL

.APRIL ACTIVE DELIVERY MONTH.

THE FRONT MONTH OF APRIL HAS A TOTAL OPEN INTEREST OF 51 CONTRACTS, AND AS SUCH LOST 3 CONTRACTS.  WE HAD 5 NOTICES SERVED UPON YESTERDAY SO WE AGAIN, GAINED 2 CONTRACTS OR 10,000 OZ WILL STAND AT THE COMEX AS THEY REFUSED TO MORPH INTO LONDON BASED CONTRACTS AS THEY LOOK FOR METAL ON THIS SIDE OF THE POND.

THE BIG CONTRACT OF MAY SAW ITS OI FALL  BY 914  UP TO 75,288.

JUNE SAW A LOSS OF 16 CONTRACTS FALLING TO 33.

We, today, had  21 notice(s) FILED  for 105,000, OZ for the APRIL, 2019 COMEX contract for silver

**

total dealer deposits: 0 oz

total dealer withdrawals: 0 oz

i)we had  0 deposits into the customer account

into JPMorgan:   0

ii)into everybody else: 0

*** JPMorgan for most of 2017, 2018 and onward, has adding to its inventory almost every single day.

JPMorgan now has 160.819 million oz of  total silver inventory or 50.04% of all official comex silver. (160.819 million/321.170 million

total customer deposits today: 607,477.800   oz

we had 2 withdrawals:i) Out of CNT:  299,817.140ii) Out of Delaware: 14,869.069 oz

total withdrawals;  314,740.209  oz

We had 0 adjustments: and all from the dealer to the customer:

total dealer silver:  82.178 million

total dealer + customer silver:  321.302 million oz

xxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxx

The total number of notices filed today for the APRIL 2020. contract month is represented by 21 contract(s) FOR 105,000 oz

To calculate the number of silver ounces that will stand for delivery in APRIL we take the total number of notices filed for the month so far at 779 x 5,000 oz = 3,895,000 oz to which we add the difference between the open interest for the front month of APRIL.( 51) and the number of notices served upon today 21 x (5000 oz) equals the number of ounces standing.

.

Thus the INITIAL standings for silver for the APRIL/2019 contract month: 779 (notices served so far) x 5000 oz + OI for front month of APRIL (51)- number of notices served upon today (21) x 5000 oz of silver standing for the APRIL contract month.equals 4,045,000 oz.

WE GAINED 2 CONTRACTS OR AN ADDITIONAL 10,000 OZ OF SILVER WILL STAND AT  THE COMEX.

TODAY’S ESTIMATED SILVER VOLUME: 85,509 CONTRACTS //

FOR YESTERDAY:  66,070 CONTRACTS..,CONFIRMED VOLUME

YESTERDAY’S CONFIRMED VOLUME OF 66,070 CONTRACTS EQUATES to 330 million  OZ  47.1% 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.

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

1. Sprott silver fund (PSLV): NAV RISES TO +0.28% ((APRIL 7/2020)

2. Sprott gold fund (PHYS): premium to NAV  RISES TO +0.34% to NAV:   (APRIL 7/2020 )

Note: Sprott silver trust back into NEGATIVE territory at +%-/Sprott physical gold trust is back into POSITIVE/ 0.28%

(courtesy Sprott/GATA

3.SPROTT CEF.A FUND (FORMERLY CENTRAL FUND OF CANADA):

NAV 15.26 TRADING 15.22///DISCOUNT 0.29

END

And now the Gold inventory at the GLD/

APRIL 7/WITH GOLD UP $.30: ANOTHER HUGE CHANGE IN GOLD INVENTORY AT THE GLD: A DEPOSIT OF 5.27 TONNES OF GOLD INTO THE GLD INVENTORY//INVENTORY RESTS AT 984.26 TONNES

APRIL 6//WITH GOLD UP $32.00//ANOTHER STRONG DEPOSIT INTO THE GLD; A HUGE 7.02 TONNES OF GOLD INTO THE GLD////INVENTORY RESTS AT : 978.99 TONNES

APRIL 3//WITH GOLD UP $7.80 TODAY//ANOTHER STRONG DEPOSIT OF 3.22 TONNES INTO THE GLD/INVENTORY RESTS AT 971.97 TONNES

APRIL 2//WITH GOLD UP $31.80 TODAY: ANOTHER STRONG DEPOSIT OF 1.75 TONNES INTO THE GLD//INVENTORY RESTS AT 968.75 TONNES

APRIL 1/WITH GOLD DOWN $7.70 TODAY: ANOTHER CHANGE IN GOLD INVENTORY AT THE GLD: A DEPOSIT OF 2.62 TONNES OF GOLD INTO THE GLD////INVENTORY RESTS AT 967.00 TONNES

MARCH 31//WITH GOLD DOWN $32.70//A MONSTROUS PAPER DEPOSIT OF 10.84 TONNES INTO THE GLD//INVENTORY RESTS AT 964.38 TONNES

MARCH 30/WITH GOLD DOWN $6.10 TODAY: NO CHANGE IN GOLD INVENTORY AT THE GLD//INVENTORY RESTS AT 953.54 TONNES

MARCH 27.WITH GOLD DOWN $16.40: A BIG  CHANGE IN GOLD INVENTORY AT THE GLD  A HUGE DEPOSIT OF 4.39 TONES INTO THE GLD/INVENTORY RESTS AT 953.54 TONES

MARCH 26//WITH GOLD UP $24.00 TODAY: A HUGE CHANGE IN GOLD INVENTORY AT THE GLD: A DEPOSIT OF 13.17 TONNES INTO THE GLD/INVENTORY RESTS AT 949.15 TONNES

MARCH 25/WITH GOLD DOWN $11.40 TODAY//A HUGE CHANGE IN GOLD INVENTORY AT THE GLD: A DEPOSIT OF 11.99 TONES INTO THE GLD INVENTORY////INVENTORY RESTS AT 935.98 TONNES

MARCH 24//WITH GOLD UP $67.00 TODAY: A HUGE  CHANGE IN GOLD INVENTORY AT THE GLD: A PAPER DEPOSIT OF 15.80 TONNES OF GOLD INTO GLD////INVENTORY RESTS AT 923.99 TONNES..THIS PROVES THAT THE GLD IS A FRAUD AS LONDON SUSPENDED DELIVERY AS WELL AS ALL REFINERS.  THEY HAD NO WAY OF GETTING ANY PHYSICAL OZ INTO ITS INVENTORY//

MARCH 23//WITH GOLD UP $76.00 TODAY: A  HUGE PAPER WITHDRAWAL OF 21.50 TONNES FROM THE GLD////INVENTORY RESTS AT 908.19 TONNES

MARCH 20//WITH GOLD UP $5.50//A BIG CHANGE IN GOLD INVENTORY AT THE GLD: A PAPER WITHDRAWAL OF 7.46 TONNES FROM THE GLD////INVENTORY RESTS AT 922.23 TONNES

MARCH 19/WITH GOLD DOWN 90 CENTS: NO CHANGES IN GOLD INVENTORY AT THE GLD//INVENTORY RESTS AT 929.84 TONNES

MARCH 18/WITH GOLD DOWN $48.00: NO CHANGES IN GOLD INVENTORY AT THE GLD////INVENTORY RESTS AT 929.84 TONNES

MARCH 17/WITH GOLD UP $37.60: A BIG CHANGE IN GOLD INVENTORY AT THE GLD: A WITHDRAWAL OF 1.75 TONNES FROM GLD INVENTORY//INVENTORY RESTS AT 929.84 TONNES

MARCH  16/WITH GOLD DOWN $30.00/ A HUGE CHANGE IN GOLD INVENTORY AT THE GLD: A PAPER WITHDRAWAL OF 12.59 TONNES/INVENTORY RESTS AT 931.59 TONNES

MARCH 13//WITH GOLD DOWN $73.60: A HUGE WITHDRAWAL OF 9.02 TONNES OF PAPER GOLD FROM THE GLD//

INVENTORY RESTS AT 944.18 TONNES

MARCH 12/WITH GOLD DOWN $55.05 TODAY:  NO CHANGE IN GOLD INVENTORY AT THE GLD/953.26 TONNES

MAR 11/WITH GOLD DOWN $14.95?/A HUGE WITHDRAWAL OF 10.53 TONNES//INVENTORY RESTS AT 953.26 TONNES

MARCH 10/WITH GOLD DOWN $14.25//A HUGE 8.00 TONNES OF PAPER GOLD DEPOSIT INTO THE GLD//INVENTORY RESTS AT 963.79

MARCH 9//WITH GOLD UP $1.50 : NO CHANGE IN GOLD INVENTORY AT THE GLD//INVENTORY RESTS AT 955.60 TONNES

March 6/WITH GOLD UP $6.25 A MASSIVE 21.37 PAPER TONNES OF GOLD INTO THE GLD INVENTORY//INVENTORY RESTS AT 955.60 TONNES

MARCH 5/WITH GOLD UP $25.40//NO CHANGE IN GOLD INVENTORY AT THE GLD/INVENTORY RESTS TONIGHT AT 934.23 TONNES

MARCH 4//WITH GOLD DOWN 1 DOLLAR: NO CHANGE IN GOLD INVENTORY AT THE GLD//INVENTORY RESTS AT 934.23 TONNES//

MARCH 3//WITH GOLD UP 48.55 TODAY; NO CHANGE IN GOLD INVENTORY AT THE GLD/INVENTORY RESTS AT 934.23 TONNES

MARCH 2//WITH GOLD UP $27.00// no change in gold inventory at the gld//inventory remains  at 934.23 tonnes

FEB 28/WITH GOLD DOWN $73.00 WE LOST NO GOLD FROM THE GLD/INVENTORY REMAINS 934.23 TONNES

xxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxx

Inventory rests tonight at

APRIL 7/2020/  984.26 tonnes*

IN LAST 794 TRADING DAYS:   +39.57 NET TONNES HAVE BEEN REMOVED FROM THE GLD

LAST 694 TRADING DAYS;+214.55  TONNES HAVE NOW BEEN ADDED INTO  THE GLD INVENTORY.

end

Now the SLV Inventory/

APRIL 7/WITH SILVER UP 26 CENTS TODAY: A HUGE CHANGE IN SILVER INVENTORY AT THE SLV: A DEPOSIT OF 5.766 MILLION OZ INTO THE SLV..//INVENTORY RESTS AT 395.826 MILLION OZ

APRIL 6/WITH SILVER UP 50 CENTS TODAY: ANOTHER BIG CHANGE IN SILVER INVENTORY AT THE SLV//INVENTORY RESTS AT 395.826 MILLION OZ.

APRIL 3//WITH SILVER DOWN 15 CENTS TODAY: A BIG CHANGE IN SILVER INVENTORY AT THE SLV: A DEPOSIT OF 746,000 OZ INTO THE SLV//INVENTORY RESTS AT 395.826 MILLION OZ

APRIL 2/WITH SILVER UP 65 CENTS;  A SMALL CHANGE TODAY..A WITHDRAWAL OF .335 MILLION OZ TO PAY FOR FEES//INVENTORY RESTS AT 394.826 MILLION OZ/

APRIL 1/WITH SILVER DOWN 11 CENTS TODAY: NO CHANGES IN SILVER INVENTORY AT THE SLV//INVENTORY RESTS AT 395.181 MILLION OZ//

MARCH 31/WITH SILVER UP 2 CENTS TODAY: A BIG CHANGE IN SILVER INVENTORY: A DEPOSIT OF 1.679 MILLION OZ INTO THE SLV//INVENTORY RESTS AT 375.181 MILLION OZ//

MARCH 30/WITH SILVER DOWN 44 CENTS TODAY; NO CHANGES IN SILVER INVENTORY AT THE SLV//INVENTORY RESTS AT 393.502 MILLION OZ.

MARCH 27/WITH SILVER DOWN 5 CENTS TODAY: A HUGE CHANGE IN SILVER INVENTORY AT THE SLV: A MONSTROUS PAPER DEPOSIT OF 8.115 MILLION OZ INTO THE SLV../INVENTORY RESTS AT 393.502  MILLION OZ//

MARCH 26/WITH SILVER DOWN 11 CENTS TODAY: NO CHANGES IN SILVER INVENTORY AT THE SLV//INVENTORY RESTS AT 385.387 MILLION OZ///

MARCH 25/WITH SILVER UP 44 CENTS TODAY: TWO HUGE CHANGES IN SILVER INVENTORY AT THE SLV: TWO DEPOSITS OF 7.369 MILLION OZ AND 2.239 MILLION OZ OF PAPER SILVER INTO THE SLV////INVENTORY RESTS AT 385.387 MILLION OZ//

MARCH 24//WITH SILVER UP 100 CENTS TODAY: NO CHANGES IN SILVER INVENTORY AT THE SLV//INVENTORY RESTS AT 375.779 MILLION OZ///

MARCH 23//WITH SILVER UP 70 CENTS TODAY: A HUGE CHANGE IN SILVER INVENTORY AT THE SLV; A DEPOSIT OF 2.332 MILLION OZ OF SILVER INTO THE SLV////INVENTORY RESTS AT 375.779 MILLION OZ

MARCH 20//WITH SILVER UP 39 CENTS TODAY: 2 HUGE CHANGES IN SILVER INVENTORY AT THE SLV; A PAPER WITHDRAWAL OF 1.026 MILLION OZ FROM THE SLV AND THEN A PAPER ADDITION OF 3.638 MILLION OZ INTO THE SLV.////INVENTORY RESTS AT 373.447 MILLION OZ//

MARCH 19/WITH SILVER UP 38 CENTS TODAY//A HUGE CHANGE IN SILVER INVENTORY AT THE SLV: ANOTHER 5.597 MILLION OZ OF SILVER VAPOUR ADDED TO THE SLV INVENTORY//INVENTORY RESTS AT 370.835 MILLION OZ/

MARCH 18//WITH SILVER DOWN 75 CENTS TODAY: A HUGE CHANGE IN SILVER INVENTORY AT THE SLV: A MONSTROUS 12.035 MILLION PAPER OZ ADDED INTO INVENTORY//INVENTORY RESTS AT 365.238 MILLION OZ//

MARCH 17/WITH SILVER DOWN 20 CENTS TODAY; A BIG CHANGES IN SILVER INVENTORY AT THE SLV; A WITHDRAWAL OF 3.735 MILLION OZ FROM THE SLV INVENTORY: INVENTORY RESTS AT 353.203 MILLION OZ///

MARCH 16/WITH SILVER DOWN 177 CENTS TODAY: NO CHANGES IN SILVER INVENTORY AT THE SLV//INVENTORY RESETS AT 356.938 MILLION OZ//

MARCH 13//WITH SILVER DOWN 155 CENTS TODAY: A BIG CHANGE IN SILVER INVENTORY AT THE SLV: A WITHDRAWAL OF 2.893 MILLION OZ FROM THE SLV///INVENTORY RESTS AT 356.938 MILLION OZ;

MARCH 12/WITH SILVER DOWN 77 CENTS TODAY: A BIG CHANGE IN SILVER INVENTORY AT THE SLV: A WITHDRAWAL OF 1.119 MILLION OZ FROM THE SLV//INVENTORY RESTS AT 359.828 MILLION OZ

MARCH 11/SILVER DOWN 16 CENTS:  A SMALL WITHDRAWAL OF .467 MILLION OZ AT THE SLV/INVENTORY RESTS AT 360.947 MILLION OZ//

MARCH 10/WITH SILVER DOWN 10 CENTS: NO CHANGE IN SILVER INVENTORY AT THE SLV//INVENTORY RESTS AT 361.414 MILLION OZ//

MARCH 9/NO CHANGE IN INVENTORY LEVELS: SLV INVENTORY RESTS AT 361.414 MILLION OZ//

MARCH 6//WITH SILVER DOWN 10 CENTS: NO CHANGE IN SILVER INVENTORY AT THE SLV//INVENTORY RESTS AT 361.414 MILLION OZ

MARCH 5//WITH SILVER UP 15 CENTS TODAY; A SMALL WITHDRAWAL DUE TO FEES ETC//INVENTORY RESTS TONIGHT AT 361.414 MILLION OZ..

MARCH 4/SILVER SILVER UP 3 CENTS TODAY: NO CHANGE IN SILVER INVENTORY AT THE SLV//INVENTORY RESTS AT 361.880 MILLION OZ//

MARCH 3/WITH SILVER UP 44 CENTS//A HUGE CHANGE IN SILVER INVENTORY AT THE SLV/: A LOSS OF 5.75 MILLION OZ FROM THE SLV../INVENTORY RESTS AT 361.880 MILLION OZ

MARCH 2//WITH SILVER UP 18 CENTS//NO CHANGE IN SILVER INVENTORY AT THE SLV..INVENTORY RESTS AT 367.632 MILLION OZ//

FEB 28/ WITH SILVER DOWN 18 CENTS: a loss of 1.867 million oz//inventory rests at 367.632 million oz

APRIL 7.2020:

SLV INVENTORY RESTS TONIGHT AT

401.541 MILLION OZ.

END

LIBOR SCHEDULE AND GOFO RATES:

YOUR DATA…..

6 Month MM GOFO 2.50/ and libor 6 month duration 1.24

Indicative gold forward offer rate for a 6 month duration/calculation:

G0LD LENDING RATE: – 1.26

gold:nowhere to be seen

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12 Month MM GOFO
+ 1.37%

LIBOR FOR 12 MONTH DURATION: 1.04

GOFO = LIBOR – GOLD LENDING RATE

GOLD LENDING RATE  = -.33

gold: nowhere to be seen.

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