Discover and read the best of Twitter Threads about #Comex

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#Shadowcontracts #gold #silver #PLATINUM update!!!

ALERT! 🚨🚨🚨

You guys remember me writing in my article (I HAVE A WEBSITE goddammit) that i had 1 screenshot of the same happening in Platinum futures?

Here's that screenshot. Compared to today.

Somebody's gained weight. ImageImage
As you can see, since June 30th, 335,584.068 total #platinum ounces have been added to the #Comex. Current value; $312,948,922.61.

Broken into categories, Registered has grown from 177,615.278 ounces to 481,153.049 ounces; a flat increase of 303,537.771 - +170.89%.
During that same timeframe, Eligible has increased from 108,551.903 ounces to 140,598.200; a flat increase of 32,046.297 ounces - +29.52%.

THIS IS WHAT HAS HAPPENED TO #SILVER BEHIND THE SCENES!

BECAUSE #PLATINUM FUTURES ARE SO SMALL AND NOBODY IS WATCHING, IT'S MORE HONEST!
Read 8 tweets
Time for a BIG thread and for me to return to where i made my bones: #Covid19.

This time with a prediction that will end up hurting A Lot:

#Europe will stay in lockdown until March/April 2021. If it doesn't, the virus overwhelms hospitals and forces a lockdown anyway.

1/x (50)
First, some background, as i know many of you are new to the channel (Welcome!!) and to show i'm not "just some guy on twitter".

While you probably found me because of #silver or #Tether, I made my bones correctly predicting #Covid19 would turn pandemic.

Around January 11th 2/x
Before the Virus, i was trying to become an inventor. On the 7th of January, me and my Russian friend had just ended up with a quote of about 15k to build an app i designed - but we were broke.

The plan became for me to sell a small invention to raise capital for an alpha. 3/x
Read 50 tweets
I wanted to QT this together with today's #Comex #Gold and #Silver #Shadowcontracts update because it's related;

I think (early data, not sure) they're closing the shorts in preparation for the Failure of Comex in December; And they're using silver to run cover for gold 🚨
November 10th data is quite interesting you see. We're in the midst of rollover, so we would expect to see contracts disappear. Since both #gold and #silver roll over, both should reduce OI.

This certainly happens, especially on the 9th with such a big drop on the vaccine news.
But on the 10th, price went sideways the entire day. So does that mean no contracts where lost?

No. In fact, on the Prelim report, 8,224 (8750 on final) contracts worth 822,400 ounces of #Gold where closed. But #Silver went up with 1,778 (1620 final) contracts. 8,9Moz of metal. ImageImageImageImage
Read 10 tweets
It's here! The long awaited sequel;

The Definitive September #COMEX #Silver #Shadowcontracts thread!

The amount of Shadow contracts this month has surprised even me.

NONE of the numbers make sense anymore!

So the Theme of this month will Be;

AUDIT THE COMEX @CFTC!!! 1/z Image
Let's start with clarification.

#Shadowcontracts don't have to be delivered on the same day, though #Comex doesn't display those numbers exactly.

Within 24 or 48 hours is enough to not-make-sense in a #FUTURES market. What about contracts made 15 minutes before closing? 2/z
It makes NO sense that in a #FUTURES market, On Monday the 28th of September, 47 contracts where made that HAD TO BE delivered on September 29th.

That was the Final September delivery date. All September 20th contracts HAD TO BE DELIVERED BY THAT DATE.

Why not wait 1 day? 3/z
Read 34 tweets
Government #gold #silver price manipulation

-explained by #Gold Anti-Trust Action Committee (#GATA) during #SilverFest

-refer thread for selected sound bytes

1/ “When GATA got started in 1999 nearly all market participants insisted that the #gold market was not being manipulated... Today most respectable market participants acknowledge that most markets are indeed manipulated by governments”
- 06:10
2/ “In 2001 our consultant extracted from an assistant US attorney that the $Gold Reserve Act of 1934... does indeed empower the US Government to rig the #Gold market
- 05:23
Read 16 tweets
We are nearly a month later and BOY IS IT WORSE then i thought.

The Definitive August #COMEX #Silver #Shadowcontracts thread!

Summarized; I know I'm right now. The patterns that emerged this month have been enlightening.

COMEX. Is. Dead.

Picture first explanation later! 1/y Image
I would highly recommend first reading the other thread. But just to summarize; #Shadowcontracts are the contracts that are created, then delivered, on the same day.

This means that open interest goes up by 1, then down by 1, meaning there's 1 delivery to 0 OI change. 2/y
So if open interest changes by -10, but there where 15 deliveries, there where 5 #shadowcontracts.

Open interest being below the number of deliveries isn't a problem, it should simply never be above it.

As shown in the picture, It adds up to quite a few ounces. 3/y
Read 33 tweets
ALRIGHT it's here! The definitive Thread about #COMEX #Silver #Shadowcontracts starting to appear in July.

Picture first, explanation below. It's cobbled together from daily screenshots from their site cmegroup.com/trading/metals… where you can check daily futures volume. 1/x
First off, small apology about missing a few days of final reports; i drew the short straw on long term #covid19 effects and it's been a rough year. Never the less it's accurate enough.

Let's start with the basic question: What do i mean by #silver or #gold #shadowcontracts? 2/x
By that i mean a contract for delivery on the #COMEX that is created - and delivered - on the same day. It's my explanation for why the open interest change doesn't line up with the deliveries.

I want to stress i don't know this, it's just the only logical explanation left. 3/x
Read 47 tweets
#GOLD #goldetf #Bullion #ETF #goldprice #comex

GOLD MANIPULATION THREAD
the alchemy of " gold price exposure" was created in 1974 for the express purpose of managing price in lieu of physical metal supply. The London Gold Pool had collapsed in 1968
and Nixon had suspended the dollar's convertibility into gold in 1971.
Absent of new physical sources to control price, investment products were soon created as vehicles for the purpose of siphoning off physical investment demand, Of course, it's not just futures/derivatives contracts that serve as gold price exposure
Read 14 tweets
#COMEX #GOLD potential Bottom formation.

(view negate below $1450) Image
Naa ye girr raha hai.. naa baddh raha hai.. sirf tadap raha hai..

#Bullish view intact in #Gold
SL $1459 Image
#GOLD - finally coming out of consolidation.. Maintain #Bullish view for a new 52 week expectation. SL $1465 Image
Read 5 tweets

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