Havey Organ: “The Crooks Are Still Having an Awful Time Covering Their Massive Silver Shorts”

金銀價跌唔落 ?

www.silverdoctors.com

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

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.

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.

Let us head over to the comex:

The total gold comex open interest SURPRISINGLY ROSE BY A CONSIDERABLE  3,459 CONTRACTS UP to an OI level of 531,918 DESPITE THE  FALL IN THE PRICE OF GOLD ($6.15 FALL IN YESTERDAY’S TRADING).  IT SEEMS THAT WE GOT SOME NEWBIE LONGS ENTERING THE ARENA AND WITHOUT A DOUBT WE HAD ZERO SHORT COVERING BY THE BANKERS.

NO EFP’S WERE ISSUED FOR NOVEMBER YESTERDAY.

HERE IS A SUMMARY OF EFP’S ISSUED TO LONGS IN EACH OF THE PAST 3 MONTHS:

The amount of EFP’s issued for each of the past 3 months at month’s end;

Sept: 6500
Oct 7200
Nov: 8500

Result: a  GOOD SIZED open interest INCREASE  WITH THE  RISE IN THE PRICE OF GOLD ($5.30.)

We have now entered the NON active contract month of NOVEMBER.HERE WE HAD A LOSS OF ONLY 338 CONTRACTS DOWN TO 272.  We had 523 notices filed upon yesterday so surprisingly we again gained 185 contracts or 18,500 additional oz will stand for delivery in this non active month of November. TO SEE BOTH GOLD AND SILVER RISE IN AMOUNT STANDING (QUEUE JUMPING) IS A GOOD INDICATOR OF PHYSICAL SHORTNESS FOR BOTH OF OUR PRECIOUS METALS.

The very big active December contract month saw it’s OI LOSE  5790 contracts DOWN to 376,939. January saw its first open interest of 14.  FEBRUARY  saw a gain of 9039 contacts up to 93,780.

We had 186 notice(s) filed upon today for  18,600 oz

 VOLUME FOR TODAY (PRELIMINARY) 292,195

CONFIRMED VOLUME YESTERDAY: 271, 486

And now for the wild silver comex results.  Total silver OI  ROSE BY a huge 2341 CONTRACTSFROM 196,434 UP TO 198,775 DESPITE YESTERDAY’S 13 CENT LOSS IN PRICE. WE  HAD ZERO BANKER SHORT COVERING AS THE CROOKS TRIED AND FAILED IN THEIR ATTEMPT TO  LOOSEN ANY SILVER LONGS FROM THE SILVER TREE. NO SILVER EFP’S WERE ISSUED FOR NOVEMBER.

 

The new front month of  November saw its OI fall by 214 contracts   and thus it stands at 379.  We had 427 notices served upon yesterday so we gained 213 contracts or an additional 1,065,000 oz will stand in this non active month of November.   After November we have the big active delivery month of December and here the OI rose by 968 contracts down to 141,978.  January saw NO gain  contracts REMAINING AT 685.

 

We had 140 notice(s) filed for  700,000 oz for the OCT. 2017 contract