#All-Physical-Deliveries-Matters!

   Great and Wonderful Wednesday Morning Folks,    

      February Gold is now trading at $1,483.30, down $1.10 after being dipped down to $1,478.20 with the high to beat at $1,489.90! Silver is barely down as well with the March contract at $17.23, down 1.8 cents and very close to the low at $17.185 with the high up at $17.415! Pretty big moves while we had our eyes closed eh? Yet when we look at the US Dollar, the trade is totally uneventful (for now) with the value stuck at 97.605, down 7.6 points and close to it’s low at 97.575 with the high at 97.74. All of this was done before 5am pst, the Comex open, and the London close.    

      Our emerging markets currency watch continues to lead by example with Gold valued under the Venezuelan Bolivar at 14,814.46 proving a gain of 64.92 in the overnight with Silver now priced at 172.085 showing a gain of 1.598 Bolivar. Argentina’s Peso now has Gold’s value at 88,759.69 giving those that hold a 391.18 A-Peso gain with Silver gaining 9.87 A-Pesos with the price now at 1,031.03. Turkey’s Lira now has Gold priced at 8,513.00, proving a gain of 43.99 with Silver now at 98.8869 proving a gain of 0.9822 in T-Lira value.     

      Red Silver’s Delivery count now stands at 1,247 fully paid for contracts waiting for paper receipts that can either be delivered here physically, stored in paper by a (possible) gang of criminal elements, or having those pieces of paper transferred over to the “City of No Trust” via these fully abused EFP’s. The full delivery count has proven a drop of 218 from yesterday’s demand requests and during the time when the trading Volume for the physical reached 381 by the end of trade yesterday. These numbers may prove that more buy orders came in and were filled, than that of the reduced count up on the board. So far this morning the trading Volume for the delivery contract is at 38 and with a trading range between $17.240 and $17.055 with the last trade at $17.13, up ½ a penny.     

      Silver’s Overall Open Interest gained 2,576 more short trades in order to stay the price, proving an Obligation Count of 206,011 Overnighters as we wait for the deliveries to wain the physicals, forcing the exchange to “find” the products they claim is of less value, and at sharply higher prices all the while our Federal Reserve keeps printing to the tune of close to, if not already over, $100 billion daily. Nope! Nothing wrong here, everything is under control.    

      Nicholas, one of the “Golden Men of GATA”, has been watching the Comex’s Ag physical delivery numbers being spouted out by the warehouses proving very little physical have left the arena of manipulated paper. He has been watching this part of the equation like I did the numbers on the options board. His statement spells out what we’ve been talking about for years now; “THE COMEX IS NOW EFFECTIVELY DEAD as a mechanism for delivery of physical gold. My sample period started on 12th July 2019, so now encompasses 142 days. NO GOLD IS EVER DELIVERED FROM THE REGISTERED GOLD INVENTORY AT THE COMEX”  … Wait till we see the issues with Silver! #All-Physical-Deliveries-Matters!     

      We have so much going these days that the fear trade in precious metals must be shaking the manipulators in the markets and government. For instance, last night, one of Adam Schiff’s besties, who Schiff has visited many a times day and night, was indicted by the DOJ. We’ve been waiting to see how this clown stayed out of jail after 2 died from drug overdoses inside Ed Bucks home.    Grand Jury Indicts Ed Buck on Drug Trafficking Offenses, including Giving Methamphetamine to 2 Victims Who Suffered Fatal Overdoses. Then we have the Impeachment Parody, that has been proven to be as false as the precious metal’s pricings. To add to this we have Q’s last post;

 3649 

Q !!Hs1Jq13jV6 No.90
Dec 3 2019 21:49:36 (EST) http://www.youtube.com/watch?v=YJnQnD9EXnw
Q

 (It's gonna be biblical.)    

      In closing we strongly suggest you "Keep the Faith", and keep your precious metals in hand, and hold on tight! Change is here, and the positive attitudes help us survive it all. Truth and Attitude allows us to ...   

Stay Strong! 

J. Johnson