The GraveYard Shift

[JD400]

Data Desk



News and Commentary

Gold gains amid renewed North Korea fears (Reuters.com)

Chinese stocks rise after week long holiday (MarketWatch.com)

No Angst Seen Among Indian Investors as Local Flows Accelerate (Bloomberg.com)

Corker says he worries Trump’s recklessness could lead to ‘World War III’ (MarketWatch.com)

Dollar down from 12-week high vs yen as North Korea fears weigh (Reuters.com)


Weekly Precious Metal Price Changes (Ed Steer via GoldSeek)

Gold Readying to Rally (ZealLLC.com)

Gold and Silver Digest – Ed Steer (GoldSeek.com)

Bass On “Worthless” Puerto Rican Debt, The Crypto “Gold Rush”, And Guns (ZeroHedge.com)

JP Morgan Dimon’s status quo bias and the “internet replay” (StansberryChurcHouse.com)

US government lost nearly $1 trillion in FY2017. Again (SoveriegnMan.com)

Gold Prices (LBMA AM)

09 Oct: USD 1,282.15, GBP 976.23 & EUR 1,092.01 per ounce
06 Oct: USD 1,268.20, GBP 970.43 & EUR 1,083.93 per ounce
05 Oct: USD 1,278.40, GBP 969.28 & EUR 1,086.51 per ounce
04 Oct: USD 1,275.55, GBP 960.87 & EUR 1,085.11 per ounce
03 Oct: USD 1,270.70, GBP 959.00 & EUR 1,081.87 per ounce
02 Oct: USD 1,273.10, GBP 956.48 & EUR 1,084.55 per ounce

Silver Prices (LBMA)

09 Oct: USD 16.92, GBP 12.86 & EUR 14.41 per ounce
06 Oct: USD 16.63, GBP 12.73 & EUR 14.20 per ounce
05 Oct: USD 16.66, GBP 12.64 & EUR 14.19 per ounce
04 Oct: USD 16.83, GBP 12.67 & EUR 14.29 per ounce
03 Oct: USD 16.61, GBP 12.53 & EUR 14.13 per ounce
02 Oct: USD 16.58, GBP 12.46 & EUR 14.12 per ounce


Recent Market Updates

– Survey shows UK and US Pensions Crisis is Imminent
– Gold Investment In Germany Surges – Now World’s Largest Gold Buyers
– Yahoo Hacking Highlights Cyber Risk and Increasing Importance of Physical Gold
– Safe Haven Silver To Outperform Gold In Q4 And In 2018
– Plan For Run On The Pound
– Russia Gold Rush Sees Record Reserves For Putin Era
– China Catalyst To Send Gold Over $10,000 Per Ounce?
– Gold Matches S&P 500 Performance In First 3 Quarters; Up 12% 2017 YTD
– Gold Standard Resulted In “Fewer Catastrophes” – FT
– Financial Advice From Man Who Made $1+ Billion in 1929 – Importance Of Being Patient and “Sitting”
– “Gold prices to reach $1,400 before the end of the year” – GoldCore
– Commodities King Gartman Says Gold Soon Reach $1,400 As Drums of War Grow Louder
– Bitcoin “Is A Bubble” but Gold Is Money Says World’s Biggest Hedge Fund Manager

END

Oct 9/GOLD AND SILVER ADVANCE: GOLD UP $8.00 AND SILVER IS UP 23 CENTS/COMEX GOLD OPEN INTEREST FALLS BY OVER 2,000 CONTRACTS BUT SILVER DOES THE REVERSE AS SILVER LONGS REFUSE TO BUDGE/TRUMP IN A SHOUTING MATCH WITH BOB CORKER WHICH WILL SEAL THE DEATH OF TAX REFORM/TRUMP HINTS AT WAR WITH NORTH KOREA/TOMORROW IS A BIG DAY FOR CATALONIA SPAIN/RELATIONS BETWEEN THE USA AND TURKEY AT AN ALL TIME LOW WITH ARRESTS WITH RESPECT TO EMBASSY OFFICIALS FROM BOTH COUNTRIES/
October 9, 2017 · by harveyorgan · in Uncategorized · Leave a comment

GOLD: $1282.50 UP $8.00

Silver: $16.93 UP 23 CENT(S)

Closing access prices:

Gold $1284.80

silver: $16.98

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: $1300.79 DOLLARS PER OZ

NY PRICE OF GOLD AT EXACT SAME TIME: $1281.60

PREMIUM FIRST FIX: $19.19 (premiums getting larger)

xxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxx

SECOND SHANGHAI GOLD FIX: $1300.79

NY GOLD PRICE AT THE EXACT SAME TIME: $1282.30

Premium of Shanghai 2nd fix/NY:$19.49 (PREMIUMS GETTING LARGER)

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LONDON FIRST GOLD FIX: 5:30 am est $1282.15

NY PRICING AT THE EXACT SAME TIME: $1281.90

LONDON SECOND GOLD FIX 10 AM: $1278.75

NY PRICING AT THE EXACT SAME TIME. 1279.90
For comex gold:
OCTOBER/

NOTICES FILINGS TODAY FOR OCT CONTRACT MONTH: 0 NOTICE(S) FOR nil OZ.

TOTAL NOTICES SO FAR: 2329 FOR 232,900 OZ (7.241TONNES)
For silver:
OCTOBER
5 NOTICES FILED TODAY FOR
25,000 OZ/
Total number of notices filed so far this month: 390 for 1,950,000 oz

XXXXXXXXXXXXXXXXXXXXXXXXXXXXXX

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 STRONG 1979 contracts from 184,165 UP TO 186,144 WITH RESPECT TO FRIDAY’S TRADING (UP 10 CENTS). THE CROOKS TRIED TO COVER AS MUCH OF THEIR SILVER SHORTS AS POSSIBLE YESTERDAY BUT IT LOOKS LIKE THEY HAD NO SUCCESS..SO THEY TRIED ANOTHER RAID ON FRIDAY BUT THEIR PLAN WAS FOILED WITH THE NEWS THAT NORTH KOREA WAS PLANNING ANOTHER LONG RANGE MISSILE CAPABLE OF HITTING THE WEST COAST OF THE USA.

RESULT: A GOOD SIZED RISE IN OI COMEX WITH THE 10 CENT PRICE RISE AND CONSTANT TORMENT. IT SURE LOOKS LIKE OUR BANKERS FAILED AGAIN IN THEIR ATTEMPT TO COVER MUCH OF THEIR MASSIVE SILVER SHORTFALL SO ANOTHER RAID WAS ORCHESTRATED FRIDAY MORNING BUT THAT FAILED AS WELL ON THE NORTH KOREAN NEWS.

In ounces, the OI is still represented by just UNDER 1 BILLION oz i.e. 0.931 BILLION TO BE EXACT or 133% 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 MUCH LARGER THAN EXPECTED 2,591 CONTRACTS DESPITE THE RISE in price of gold ($1.60 ) . The new OI for the gold complex rests at 514,151. OUR BANKER FRIENDS WERE MILDLY SUCCESSFUL IN COVERING SOME OF THEIR GOLD SHORTS. THE BANKERS WERE REACHING FOR CAPITULATION ON FRIDAY BY CAUSING ANOTHER HUGE RAID ON GOLD AND SILVER BUT THAT WAS FOILED ON NEWS THAT NORTH KOREA WAS PLANNING ANOTHER LONG RANGE MISSILE LAUNCH.



Result: A GOOD SIZED DECREASE IN OI WITH THE RISE IN PRICE IN GOLD ($1.40)

we had: 0 notice(s) filed upon for NIL oz of gold.

xxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxx

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

GLD:

Tonight , ANOTHER BIG CHANGE in gold inventory at the GLD/ this time A DEPOSIT OF 4.43 TONNES

Inventory rests tonight: 858.45 tonnes.

SLV

Today: ANOTHER BIG change in inventory: ANOTHER DEPOSIT OF 1.227 MILLION OZ

INVENTORY RESTS AT 326.898 MILLION OZ

end

.

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

1. Today, we had the open interest in silver ROSE BY 2102 contracts from 184,165 UP TO 186,144(AND now A LITTLE CLOSER TO THE NEW COMEX RECORD SET ON FRIDAY/APRIL 21/2017 AT 234,787) . IT SEEMS THAT OUR BANKERS WERE AGAIN UNSUCCESSFUL IN COVERING THEIR SILVER SHORTS. OUR BANKER’S ATTEMPTED RAID ON FRIDAY WAS ABORTED ON NEWS THAT NORTH KOREA WAS PLANNING A MISSILE LAUNCH CAPABLE OF HITTING THE WEST COAST OF THE USA AND THAT PUT AN END TO THE WHACKING.

RESULT: A GOOD SIZED INCREASE IN SILVER OI AT THE COMEX WITH THE TINY RISE IN PRICE OF 10 CENTS WITH RESPECT TO FRIDAY’S TRADING. OUR BANKER FRIENDS WERE UNSUCCESSFUL IN THEIR ATTEMPT TO COVER ANY OF OUR SILVER SHORTS AS THEIR RAID WAS ABORTED ON THE KOREAN NEWS.

(report Harvey)

.

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 SUNDAY night/MONDAY morning: Shanghai closed up 25.43 points or .76% /Hang Sang CLOSED down 131.45 pts or .46% / The Nikkei closed /Australia’s all ordinaires CLOSED UP 0.48%/Chinese yuan (ONSHORE) closed up at 6.6240/Oil DOWN to 49,46 dollars per barrel for WTI and 55.54 for Brent. Stocks in Europe OPENED GREEN EXCEPT FTSE . ONSHORE YUAN CLOSED UP AGAINST THE DOLLAR AT 6.6240. OFFSHORE YUAN CLOSED STRONGER TO THE ONSHORE YUAN AT 6.6197 AND BOTH YUANS ARE STRONGER AGAINST THE DOLLAR. CHINA IS VERY HAPPY TODAY


3a)THAILAND/SOUTH KOREA/NORTH KOREA

i)North Korea/USA

SUNDAY/TRUMPS HINTS AT WAR WITH NORTH KOREA

(COURTESY ZERO HEDGE)
b) REPORT ON JAPAN
c) REPORT ON CHINA
4. EUROPEAN AFFAIRS
i)SpainRajoy is now ready to trigger the “nuclear option” as hundred of thousands of citizens line the streets in support of Madrid against the Catalans

( zerohedge)

ii) Now Rajoy issued a veiled death threat against the Catalan leader if they declare independence

( zerohedge)

iii)At the end of the day, the Catalan President stated that he will declare a “gradual independence” tomorrow, whatever that means..

(courtesy zerohedge)

iv)The Netherlands/EU
Now it is the Dutch Central bank that is warning of a “calm before the storm” as they describes problems with the low volatility, huge bubbles forming everywhere and the too high valuations in the stock market and other assets

( zero hedge)

v)Germany/EU
So much for Germany’s open door policy on migrants: there will be net limits on refugees

( zerohedge)
5. RUSSIAN AND MIDDLE EASTERN AFFAIRS

i)Iran/USA

Iran threatens the USA if new sanctions are passed

( zero hedge)
ii)Turkey

the uSA suspends all non immigrant visa services due to the arrest of the USA embassy employee in Istanbul

( zerohedge)

iii)The Turkish lira crashes 4% following the visa suspension drama:

( zerohedge)
iv)The rhetoric escalates as Turkey issues a warrant for a second USA consulate worker as the plunge in the Lira accelerates. We may have an emerging market contagion

( zerohedge)

v) Russia/USA
Now it is Moscow’s turn to warn the USA if the USA issues restrictions on RT and Sputniks news
( zerohedge)
6 .GLOBAL ISSUES


7. OIL ISSUES
8. EMERGING MARKET
9. PHYSICAL MARKETS

i)A great article on the huge total debt in the UK economy. The IMF warns that this could lead to a financial crash if house (or asset prices) fall

( Duncan/London’s Daily Mail)

ii)Freeport McMoRan gives up control over the large Grasberg Indonesian gold/copper mine.

( Jensen/Reuters)


10. USA Stories

i)The White House over the weekend has now revealed that in order for the dreamers to stay in the USA he wants money for the wall. The democrats are saying no!

( zerohedge)

ii)War of words over the weekend between Bob Corker and the President. The senator claims that Trump’s actions could threaten World War iii

( zero hedge)
iii)After a weekend feud with Corker it would now seem that the tax reform package will die on the senate floor
( zerohedge)

iv)Looks like the wine industry is going to be affected:Wildfires engulf NAPA, Sonoma and 6 other counties

(courtesy zerohedge)
Let us head over to the comex:

The total gold comex open interest FELL BY MUCH LARGER THAN EXPECTED 2,591 CONTRACTS DOWN to an OI level of 514,151 DESPITE THE TINY RISE IN THE PRICE OF GOLD ($1.40 RISE IN FRIDAY’S TRADING). OUR BANKER FRIENDS WERE MILDLY SUCCESSFUL IN THEIR ATTEMPT TO COVER SOME OF THEIR HUGE GOLD SHORTFALL. OCTOBER IS AN ACTIVE DELIVERY MONTH ALTHOUGH IT IS THE WEAKEST IN TERMS OF ACTUAL DELIVERIES AND OPEN INTEREST. WE VISUALIZED THAT THROUGHOUT THE MONTH OF SEPTEMBER, THE CROOKS UTILIZED THE EMERGENCY EFP SCHEME TO TRANSFER OBLIGATIONS OVER TO LONDON. IT THEN STANDS TO REASON THAT IF THE EMERGENCY WAS IN FORCE THROUGHOUT THE MONTH OF SEPTEMBER IT WOULD CONTINUE ON FIRST DAY NOTICE WHEREBY ANOTHER 7200 LONG COMEX CONTRACTS WERE GIVEN 7200 EFP’S. WE HAVE NOW ENDED GOLDEN WEEK WHERE ALL OF CHINA WAS OFF AND AS SUCH EXPECT GOLD TO FIRM UP THIS WEEK WITH CHINA RETURNING TO ACTIVE DUTY PURCHASING OUR PRECIOUS METALS.

Result: a LARGER SIZED open interest DECREASE WITH THE SMALL SIZED RISE IN THE PRICE OF GOLD ($1.40) . BANKERS MILDLY SUCCESSFUL IN THEIR ATTEMPT TO COVER THEIR GOLD SHORTFALL. BANKERS WERE TRYING FOR CAPITULATION IN THE WHACKING OF GOLD BUT THEIR PLAN WAS FOILED WITH NEWS OF NORTH KOREA PREPARING TO LAUNCH A MISSILE CAPABLE OF HITTING THE WEST COAST OF THE USA.





IN SEPTEMBER,CHINA THREW OUT A TRIAL BALLOON LAST MONTH THAT THEY WERE CONSIDERING A YUAN BASED OIL CONTRACT ON THE SHANGHAI EXCHANGE AND THEN THE RECIPIENT OF YUAN WILL ALSO HAVE THE OPTION OF CONVERTING TO GOLD. I NOW STRONGLY BELIEVE THAT THAT IS THE REASON FOR THE CONSTANT TORMENT. THE BANKERS KNOW THAT THEIR GAME WILL BE UP ONCE WE GET A YUAN-PETRO SCHEME WITH A CONVERSION OF YUAN INTO GOLD.

I BELIEVE THE CHINESE WILL INTRODUCE THIS SCHEME AT THEIR BIG 5 YR FORUM BEGINNING ON OCT 18.

I WOULD IMAGINE THAT THE CHINESE WOULD TAKE IN ALL GOLD INITIALLY AT SAY $2,000…AND THE NEW GOLD RECEIVED WOULD BE USED TO SETTLE ON YUAN CASHED. IF 2,000 DOLLARS IS INSUFFICIENT TO RAISE ENOUGH GOLD, THEN FURTHER INCREASES WILL BE THE ORDER OF THE DAY UNTIL EQUILIBRIUM.

THE BANKERS FEARING THIS, HAS ORCHESTRATED HUGE RAIDS THESE PAST 3 WEEKS HOPING TO COVER AS MANY GOLD/SILVER SHORTS AS POSSIBLE.

We have now entered the active contract month of Oct and here we saw a LOSS of 18 contracts DOWN to 220 contracts. We had 15 notices filed yesterday so we LOST 3 contracts or 300 oz will NOT stand for delivery at the comex and 3 EFP notices were given.

The November contract saw A loss OF 161 contracts down to 1395.

The very big active December contract month saw it’s OI LOSS OF 4289 contracts DOWN to 403,283.

We had 0 notice(s) filed upon today for NIL oz
VOLUME FOR TODAY (PRELIMINARY) 201,749 AVAILABLE

CONFIRMED VOLUME FRIDAY: 384,881
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And now for the wild silver comex results. Total silver OI ROSE BY 1,979 CONTRACTS FROM 184,165 UP TO 186,144 DESPITE FRIDAY’S TINY 10 CENT RISE IN PRICE. WE HAVE HAD MINIMAL BANKER SHORT COVERING OVER THESE PAST TWO WEEKS AND GAIN ON FRIDAY AS THEIR RAID FAILED AGAIN TO LOOSEN MORE SILVER LONGS FROM THE SILVER TREE. THE BANKERS TRIED ON MORE TIME ON FRIDAY MORNING IN THEIR FINAL ATTEMPT TO RAID BEFORE “GOLDEN WEEK” ENDS IN CHINA. THEIR RAID ATTEMPT FAILED ON NEWS THAT NORTH KOREA WAS PLANNING TO TEST A MISSILE LAUNCH CAPABLE OF HITTING THE WEST COAST OF THE USA.
We have now entered the non active contract month of October and here the OI LOST 15 contacts DOWN TO 532. We had 15 notices filed on Friday so we GAINED 0 contracts or AN ADDITIONAL zero oz will stand for delivery. November saw a gain of 8 contract(s) and thus RISING TO 289. After November, the NEXT big active contract month is December and here the OI LOST 207 contracts DOWN to 143,454 contracts.

We had 5 notice(s) filed for 25,000 oz for the OCT. 2017 contract
INITIAL standings for OCTOBER

Oct.9/2017.
Gold Ounces
Withdrawals from Dealers Inventory in oz nil
Withdrawals from Customer Inventory in oz
nil oz
Deposits to the Dealer Inventory in oz nil oz
Deposits to the Customer Inventory, in oz
nil
No of oz served (contracts) today

0 notice(s)
NIL OZ
No of oz to be served (notices)
216 contracts
(21,600 oz)
Total monthly oz gold served (contracts) so far this month
2329 notices
232,900 oz
7.2441 tonnes
Total accumulative withdrawals of gold from the Dealers inventory this month NIL oz
Total accumulative withdrawal of gold from the Customer inventory this month xxx oz
Today we HAD 0 kilobar transaction(s)/
WE HAD 0 DEALER DEPOSIT:
total dealer deposits: nil oz
We had nil dealer withdrawals:
total dealer withdrawals: 0 oz
we had 0 customer deposit(s):
total customer deposits; nil oz
We had n/a customer withdrawal(s)
total customer withdrawals; nil oz
we had 0 adjustment(s)
For OCT:

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 0 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.
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To calculate the INITIAL total number of gold ounces standing for the OCTOBER. contract month, we take the total number of notices filed so far for the month (2329) x 100 oz or 232,900 oz, to which we add the difference between the open interest for the front month of OCT. (216 contracts) minus the number of notices served upon today (0) x 100 oz per contract equals 254,500 oz, the number of ounces standing in this active month of OCT.

Thus the INITIAL standings for gold for the OCTOBER contract month:
No of notices served (2329) x 100 oz or ounces + {(216)OI for the front month minus the number of notices served upon today (0) x 100 oz which equals 254,500 oz standing in this active delivery month of OCTOBER (7,916 tonnes).
WE LOST 7 CONTRACTS OR AN ADDITIONAL 700 OZ WILL NOT STAND AS THE BANKERS ISSUED 7 EFP CONTRACTS.
IT WAS OBVIOUS THAT THERE WAS HARDLY ANY GOLD TO DELIVER UPON LONGS IN SEPTEMBER. THUS THE CROOKS USE THE EFP’S TO TRANSFER THEIR OBLIGATION TO ANOTHER EXCHANGE. THIS IS WHY ANOTHER 5400 EFP’S WERE ISSUED FOR OCTOBER GOLD ON FIRST DAY NOTICE.
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Total dealer inventory 598,132.542 or 18.604 tonnes (dealer gold continues to disappear)
Total gold inventory (dealer and customer) = 8,771,375.170 or 272.82 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 13 MONTHS 80 NET TONNES HAS LEFT THE COMEX.
end
And now for silver
AND NOW THE OCTOBER DELIVERY MONTH
OCTOBER INITIAL standings
Oct 6.2017
Silver Ounces
Withdrawals from Dealers Inventory nil
Withdrawals from Customer Inventory
31,036.723 oz
CNT
Delaware
Deposits to the Dealer Inventory
nil oz
Deposits to the Customer Inventory
599,281.700 oz
HSBC
No of oz served today (contracts)
5 CONTRACT(S)
(25,000 OZ)
No of oz to be served (notices)
527 contracts
(2,635,000 oz)
Total monthly oz silver served (contracts) 390 contracts (1,950,000 oz)
Total accumulative withdrawal of silver from the Dealers inventory this month NIL oz
Total accumulative withdrawal of silver from the Customer inventory this month xx oz
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 2 customer withdrawal(s):
i) Out of CNT: 29,984.760 oz
ii) Out of Delaware: 1046.963 oz
TOTAL CUSTOMER WITHDRAWALS: 31,036.723 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 OCTOBER. contract month is represented by 5 contract(s) for 25,000 oz. To calculate the number of silver ounces that will stand for delivery in OCTOBER., we take the total number of notices filed for the month so far at 390 x 5,000 oz = 1,950,000 oz to which we add the difference between the open interest for the front month of OCT. (532) and the number of notices served upon today (5 x 5000 oz) equals the number of ounces standing.



.

Thus the INITIAL standings for silver for the OCTOBER contract month: 390 (notices served so far)x 5000 oz + OI for front month of OCTOBER(532 ) -number of notices served upon today (15)x 5000 oz equals 4,585,000 oz of silver standing for the OCTOBER contract month. This is HUGE for this NON active delivery month. THE INCREASE IN TOTAL OZ STANDING FOR SILVER CONTINUES TO ADVANCE

WE GAINED 0 CONTRACTS OR AN ADDITIONAL NIL OZ WILL STAND FOR DELIVERY.
ESTIMATED VOLUME FOR TODAY: 58.940
CONFIRMED VOLUME FOR YESTERDAY: 112,459 CONTRACTS


Total dealer silver: 39.345 million (close to record low inventory
Total number of dealer and customer silver: 219.562 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
CANADIAN HOLIDAY/CENTRAL FUND DATA/SPROTT NOT PROVIDED
1. Central Fund of Canada: traded at Negative 1.5 percent to NAV usa funds and Negative 1.4% to NAV for Cdn funds!!!!
Percentage of fund in gold 62.7%
Percentage of fund in silver:37.3%
cash .+0.0%( Oct 6/2017)
2. Sprott silver fund (PSLV): STOCK NAV FALLS TO -0.50% (Oct 6/2017)
3. Sprott gold fund (PHYS): premium to NAV RISES TO -0.40% to NAV (Oct 6/2017 )
Note: Sprott silver trust back into NEGATIVE territory at -0.50%-/Sprott physical gold trust is back into NEGATIVE/ territory at -0.40%/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)
Sprott Inc. to take control of rival gold holder Central Fund of Canada

by THE CANADIAN PRESS

Posted Oct 2, 2017 8:43 am PDT

Last Updated Oct 2, 2017 at 9:20 am PDT

TORONTO – Sprott Inc. (TSX:SII) says it has struck a deal to take control of rival gold-holding firm Central Fund of Canada Ltd. (TSX:CEF.A) after a protracted takeover effort.

Toronto-based Sprott said Monday it will pay $120 million in cash and stock for Central Fund of Canada Ltd.’s common shares and for the right to administer and manage the fund’s assets.

The deal, which requires approval from Central Fund shareholders, would see its class A shareholders transferred to a new Sprott Physical Gold and Silver Trust.

Sprott says the deal would add $4.3 billion to its assets under management, which are focused largely on holding physical precious metals on behalf of clients, and 90,000 investors to its client base.

In March, Sprott tried to go through the Court of Queen’s Bench of Alberta to allow Central Fund’s class A shareholders to swap their shares to Sprott after the family that controls Central Fund rebuffed their attempt to make a deal.

Last year Sprott took over Central GoldTrust, a similar fund controlled by the same family, after securing support from more than 96 per cent of shareholder votes cast.

END
And now the Gold inventory at the GLD

Oct 9/ANOTHER DEPOSIT OF 4.43 TONNES INTO GLD/INVENTORY RESTS AT 858.45 TONNES

Oct 6/A DEPOSIT OF 2.96 TONNES OF GOLD INVENTORY INTO THE GLD/TONIGHT IT RESTS AT 854.02 TONNES

Oct 5/A LOSS OF 3.24 TONNES OF GOLD INVENTORY FROM THE GLD/INVENTORY RESTS AT 851.06 TONNES

Oct 4/NO CHANGES IN GOLD INVENTORY AT THE GLD/INVENTORY RESTS AT 854.30 TONNES

oCT 3/ A HUGE WITHDRAWAL OF 10.35 TONNES FROM THE GLD/INVENTORY RESTS AT 854.30 TONNES

Oct 2/STRANGE/WITH GOLD’S CONTINUAL WHACKING WE GOT A BIG FAT ZERO OZ LEAVING THE GLD/INVENTORY RESTS AT 864.65 TONNES

SEPTEMBER 29/no changes in gold inventory at the GLD/Inventor rests at 864.65 tonnes

Sept 28/NO CHANGES IN GOLD INVENTORY AT THE GLD/INVENTORY RESTS AT 864.65 TONNES

Sept 27/WOW!! WITH GOLD DOWN $13.25, WE HAD A HUGE 8.57 TONNES OF GOLD ADDED TO THE GLD/

Sept 26/no changes in gold inventory at the GLD/Inventory rests at 856.08 tonnes

Sept 25./Another big deposit of 3.84 tonnes into GLD/Inventory rests tonight at 856.08 tonnes

Sept 22/with gold up only 1 dollar on the day we had a massive 6.21 tonnes of gold added to the GLD/.this is a good sign that gold will advance nicely this coming week.

Sept 21/no change in gold inventory tonight/inventory rests at 846.03 tonnes

Sept 20/no change in gold inventory tonight/inventory rests at 846.03 tonnes

Sept 19/another deposit of 2.07 tonnes of gold into the GLD/inventory rests at 846.03 tonnes

Sept 18/a huge 5.32 tonnes of gold deposit into the GLD despite gold’s whack today/inventory rests at 843.96 tonnes

Sept 15./strange!!no change in GLD after the whacking of gold/inventory remains at 838.64 tonnes

Sept 14./no changes at the GLD/inventory rests at 838.64 tonnes

Sept 13/late last night a huge 4.14 tonnes of gold was added to the GLD inventory/inventory rests at 838.64 tonnes.

Sept 12/as of 5: 40 pm est, no changes in gold inventory at the GLD/Inventory rests at 834.50 tonnes

Sept 11/Today we had a rather large 2.37 tonnes of gold removed from the GLD/Inventory rests at 834.50 tonnes

Sept 8/we had a tiny withdrawal of .34 tonnes and probably that would be to pay for fees like insurance etc.

Inventory rests at 836.87 tonnes
xxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxx
Oct 9/2017/ Inventory rests tonight at 858.45 tonnes
*IN LAST 246 TRADING DAYS: 82.50 NET TONNES HAVE BEEN REMOVED FROM THE GLD
*LAST 181 TRADING DAYS: A NET 74.78 TONNES HAVE NOW BEEN ADDED INTO GLD INVENTORY.
*FROM FEB 1/2017: A NET 43.67 TONNES HAVE BEEN ADDED.

end
Now the SLV Inventory

Oct 9/A HUGE DEPOSIT OF 1.227 MILLION OZ INTO THE INVENTORY OF THE SLV/INVENTORY RESTS AT 326.898 MILLION OZ

Oct 6/NO CHANGE IN SILVER INVENTORY/ INVENTORY RESTS AT 325.671 MILLON OZ

Oct 5/ANOTHER WITHDRAWAL OF 944,000 OZ FROM THE SLV/INVENTORY RESTS AT 325.671 MILLION OZ

OCT 4/NO CHANGE IN SILVER INVENTORY AT THE SLV/INVENTORY RESTS AT 326.615 MILLION Z

Oct 3/A TINY WITHDRAWAL OF 143,000 FROM THE SLV FOR FEES/INVENTORY RESTS AT 326.615 MILLION OZ

Oct 2/NO CHANGES IN SILVER INVENTORY AT THE SLV/INVENTORY RESTS AT 326,757 MILLION OZ

SEPTEMBER 29/no changes in silver inventory at the SLV/inventory rests at 326.757 million oz/

Sept 28/NO CHANGES IN SILVER INVENTORY/INVENTORY RESTS AT 326.757 MILLION OZ/

Sept 27/STRANGE!! SILVER IS HIT FOR 24 CENTS YESTERDAY AND. 9 CENTS TODAY AND YET NO CHANGE IN SILVER INVENTORY/INVENTORY RESTS AT 326.757 MILLION OZ

Sept 26./no change in silver inventory at the SLV/.inventory rests at 326.757 million oz

Sept 25./ a big deposit of 1.842 million oz into the SLV/inventory rests at 326.757 million oz/

Sept 22/no change in silver inventory at the SLV/Inventory rests at 324.915 million oz/

Sept 21/no change in silver inventory at the SLV/Inventory rests at 324.915 million oz

Sept 20/no changes in silver inventory/Inventory remains at 324.915 million oz

Sept 19/strange!! another withdrawal of 1.134 million oz despite the rise in silver/inventory rests at 324.915 million oz

Sept 18/a withdrawal of 1.039 million oz from the SLV/Inventory rests at 326.049 million oz

Sept 15./no change in silver inventory at the SLV/Inventory rests at 327.088 million oz/

Sept 14/no change in silver inventory at the SLV/Inventory rests at 327.088 million oz/

Sept 13/no change in silver inventory at the SLV/Inventory rests at 327.088 million oz/

Sept 12.2017/no change in silver inventory at the SLV/Inventory rests at 327.088 million oz/

Sept 11.2017: no change in silver inventory at the SLV/Inventory rests at 327.088 million oz/

Sept 8/no change in silver inventory at the SLV/Inventory rests at 327.088 million oz/

Sept 7/STRANGE!! WITH DEMAND FOR SILVER HUGE WE HAD ANOTHER 945,000 OZ WITHDRAWN. NO DOUBT THAT THIS IS CRIMINAL ACTIVITY AS SILVER IS WITHDRAWN AND USED TO CONTAIN THE RISE IN PRICE/INVENTORY RESTS AT 327.088 MILLION OZ/

SEPT 6/STRANGE WITH A HUGE DEMAND FOR SILVER THROUGHOUT THE WORLD THESE DOORKNOBS WITHDRAW A HUGE 3.148 MILLION OZ OF SILVER FROM THE SLV/INVENTORY RESTS AT 328.033 MILLION OZ

Sept 5/2017: no change in silver inventory at the SLV/Inventory rests at 331.178 million oz/

Sept 1/NO CHANGE IN SILVER INVENTORY AT THE SLV/INVENTORY RESTS AT 331.178 MILLION OZ

AUGUST 31/STRANGE!! a huge withdrawal of 2.019 million oz with silver up today./INVENTORY RESTS AT 331.178 MILLION OZ

August 30/no change in silver inventory at the SLV/inventory rests at 333.178 million oz

August 29/NO CHANGE IN SILVER INVENTORY AT THE SLV/INVENTORY RESTS AT 333.178 MILLION OZ

AUGUST 28/no change in silver inventory at the SLV/Inventory rests at 333.178 million oz/

AUGUST 25/NO CHANGE IN SILVER INVENTORY AT THE SLV/INVENTORY RESTS AT 333.178 MILLION OZ

AUGUST 24/A HUGE WITHDRAWAL OF 1.229 MILLION OZ FROM THE SLV/INVENTORY RESTS AT 333.178 MILLION OZ

August 23/no change in silver inventory at the SLV/Inventory rests at 334.407 million oz

August 22/no change in silver inventory at the SLV/inventory rests at 334.407 million oz.

AUGUST 21/no change in silver inventory/inventory rests at 334.407 million oz/

August 18/NO CHANGE IN SILVER INVENTORY AT THE SLV/INVENTORY REST AT 334.407 MILLION OZ

August 17/A WITHDRAWAL OF 1.418 MILLION OZ LEAVES THE VAULTS OF THE SLV (WITH SILVER UP 25 CENTS YESTERDAY?)/INVENTORY RESTS AT 334.407 MILLION OZ

Oct 9/2017:
Inventory 326.898 million oz
end

6 Month MM GOFO

Indicative gold forward offer rate for a 6 month duration
+ 1.36%
12 Month MM GOFO
+ 1.60%
30 day trend

end

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