The Israel Deception

Is the return of Israel in the 20th century truly a work of God, or is it a result of a cosmic chess move to deceive the elect by the adversary?

Showing posts with label inventory. Show all posts
Showing posts with label inventory. Show all posts

Tuesday, June 7, 2016

China may finally be making its move to clean out the physical gold from the U.S. Comex

One of the more interesting dichotomies regarding the U.S. Commodities Exchange (Comex) is that for several years now, the institution has been selling futures contracts on precious metals like gold and silver and rarely ever delivering anything when the monthly expirations came due.  In fact, according to statistician and financial analyst Dr. Jim Willie, the Comex had only performed cash settlements for gold futures contracts and hasn't actually delivered any metal for more than two years.

But this may be changing.

Entering into the June delivery month, Chinese gold contracts at the Comex have suddenly shifted into the deliverable category, rather than simply being rolled over at the time of expiration like they have for the past few years, and it could very well mean that the time for China to drain the Comex of all its gold is finally at hand.

The June gold contract is an active contract and the second biggest delivery month of the year following December. Friday night, the bankers first day delivery issuance to our longs to be settled on June 1 was huge: the number was  3,508 gold notices for 350,800 oz or 10.9 tonnes of gold. On day two, we had another huge number of gold notices filed at 2281 for 228100 oz or 7.09 tonnes of gold. 
On day 3,THURSDAY, we had another whopper of 1969 notices for 196,900 oz or 6.12 tonnes. 
FRIDAY, saw another huge 1026 notices filed for 102600 oz (3.19 tonnes). Then on 
Friday night we had a whopping 2981 notices filed for Monday totaling 2981 contracts for 298,100 oz. 
Thus in 5 days a total of 11,765 notices have been filed for 1,176,500 oz or 36.59 tonnes. WHAT IS MORE FASCINATING WAS THE FRONT JUNE MONTH  INCREASED IN NET OI BY 678  CONTRACTS ON THURSDAY(67,800 OZ).  ON FRIDAY IT INCREASED BY 78 CONTRACTS OR 7800 OZ AND TODAY IT INCREASED BY 264 CONTRACTS OR 26400 OZ. THE ENTITY STANDING DOES NOT WANT FIAT AND IT SURE LOOKS LIKE A SOVEREIGN (CHINA) IS STANDING FOR GOLD. - Silver Doctors
The significance of this move is that according to the Comex, there are demands for delivery of 48 tons where the registered total available inside the exchange is only 50 tons.
We thus have 48.11 tonnes of gold standing for JUNE and 50.61 tonnes of registered gold for sale, waiting to serve upon those standing.  The bankers are still doing their best in cash settling as there is not enough registered gold to satisfy those that are standing.
Does this sudden demand for delivery after years of rolling over gold contracts now signal a move by China to drain the Comex and begin the transition to Shanghai to control the pricing of the precious metal?  I believe we shall soon find out.

Friday, May 13, 2016

Comex cupboard so bare that a run on gold in their vaults would collapse the market

Entering into April, the number of paper contracts per ounce of physical gold held by the U.S. Commodities Exchange (Comex) was at an all-time record of 542 to 1.  And while this receded a touch during most of the month of April, by the end of the period it was not only back to 542 to 1, but it is now much higher from recent saturations and naked shorting.

Over the past two years, the Comex has seen its inventory of physical gold drop from several million ounces to now less than one million, and any real run on the vaults, or demand for delivery, would instantly collapse the gold markets, both in the paper realm and in physical.

And perhaps what is most astonishing is that for the first time in several years, the mainstream is now publishing news of this fraud.

Then starting in 2014 and trending to mid-2015, the number of registered “owners” moved strongly up, to about 100 per ounce, and then 300 per ounce. Note that this was also a period when Comex sold down significant amounts of physical inventory, from several million ounces in vaults to well under 1 million ounces. 
By late 2015 and now into 2016, registered “owners” against Comex gold spiked to a nosebleed level of 542-to-1. Thus if even one claimant shows up for an ounce of yellow metal, the cupboard will be bare — and there are 541 other claimants as well! 
“Uncovered” speculation has gone exponential. There’s lots of “paper” gold and almost no “real” gold, which makes for a high-risk scenario — certainly if you don’t hold gold. It’s high return if you do hold gold. 
The cupboard is so bare for gold that Comex could collapse into the equivalent of a “run” on vaults. If that happens — rather, “when” that happens — watch gold prices spike. On that golden day of reckoning, you’ll see more than a buying frenzy or even a panic. It’ll be utter pandemonium.  
When this bomb explodes, gold prices will melt upward in ways we can scarcely imagine. Instead of a few dollars up or down on the ticker, you’ll see hundred-dollar moves in a matter of minutes. Of course, it’ll be a good day for investors who own physical metal and a strong hand of mining shares. - Business Insider