Archives | Ed Steer's Gold and Silver Digest

GSD ARCHIVES

March 2023

31 Mar JPMorgan Issues 13,000 Gold Contracts
30 Mar A ‘Nothing’ Day on Ultra Light Volumes
29 Mar Surprising & Welcome Rallies in Silver & Gold
28 Mar More Gold Added to March Deliveries
25 Mar The Short Position in SLV Increases by 31 Percent
24 Mar Gold Trades Above US$2,000 Intraday
23 Mar Gold & Silver Jump Higher as the DXY Craters
22 Mar A Surprisingly Good COT Report
21 Mar Gold Breaks Above $2,000: More Silver Out of SLV
18 Mar Gold & Silver Soar — and More Silver Departs SLV
17 Mar Another 10.5 Million Troy Oz. Removed From SLV
16 Mar Silver Gets Hit & 5 Million Oz. of Silver Leave SLV
15 Mar A Dazzling COT Report For Silver
14 Mar Nice Rallies, But the Big 4/8 Shorts Were Present
11 Mar A Big ‘Up’ Day: But ‘Da Boyz’ Were Around
10 Mar Turkey Imports 57.45 Tonnes of Gold in February
09 Mar Yet Another Incredible COT Report
08 Mar The Commercial Traders Took No Prisoners Yesterday
07 Mar Another Almost 1 Million Oz. of Silver Out of SLV
04 Mar An Absolutely Outstanding COT Report
03 Mar No COT Report Again Yesterday
02 Mar Almost 1 Million Oz. of Silver Out of SLV Yesterday
01 Mar 4.32 Million Oz. of Silver Removed from SLV & the COMEX

February 2023

28 Feb Monster Deposits Into ZKB’s Gold & Silver ETFs
25 Feb Another 1.47 Million Oz. of Silver Withdrawn From SLV
24 Feb 3.17 Million Oz. of Silver Withdrawn From SLV
23 Feb 2.34 Million Oz. of Silver Withdrawn From SIVR
22 Feb Turkey Imports 58.3 Tonnes of Gold in January
21 Feb A Constructive Suggestion — Ted Butler
17 Feb An Unexpected Friday Trading Session
16 Feb 3.61 Million Oz. of Silver Leave the COMEX & SIVR
15 Feb No Free-Market Forces Allowed Yesterday
14 Feb A Quiet Trading Session on Very Light Volume
11 Feb Big Silver Additions into Other ETFs & Mutual Funds
10 Feb The Short Position in SLV Drops by Only 8.27%
09 Feb Another 3.22 Million Oz. of Silver Added to SLV
08 Feb 4 Million Oz. of Silver Into SLV This Week So Far
07 Feb February COMEX Silver Deliveries Explode Higher
04 Feb An Even More Egregious Bear Raid in Silver & Gold
03 Feb An Egregious Bear Raid in Silver & Gold
02 Feb The Precious Metals Jump Higher on Powell’s Comments
01 Feb Central Banks Buy 417 Tonnes of Gold in Q4/2022

January 2023

31 Jan A Quiet Day as February Goes Off the Board
28 Jan A Great COT Report For Silver
27 Jan More Gold Contracts Added to January Deliveries
26 Jan Short Position in SLV Drops by 6.59 Percent
25 Jan Another 2.12 Million Oz. of Silver Go Into SLV
24 Jan 18.4 Million Oz. of Silver Added to SLV Yesterday
21 Jan A Not Nearly as Bad as Expected COT Report
20 Jan More Silver Departs SLV & the COMEX
19 Jan Another 4.42 Million Oz. of Silver Departs SLV
18 Jan 3.08 Million More Oz. of Silver Leave SLV
17 Jan Gold, Silver & Platinum Get Capped in Early GLOBEX Trading
14 Jan An Excellent COT Report & More Silver Gets Shipped Out
13 Jan 2.03 Million Oz. of Silver Depart the COMEX on Wednesday
12 Jan January Gold Deliveries Double in One Day
11 Jan A ‘Nothing’ Sort of Day in Silver & Gold
10 Jan Ted Butler’s Weekly Review Posted in the Public Domain
07 Jan Shockingly Low COMEX Silver Volume Yesterday
06 Jan Frantic In/Out COMEX Silver Activity on Wednesday
05 Jan Silver Not Allowed to Close Above $24 Yet Again
04 Jan 2022…A Momentous Year — Ted Butler

December 2022

31 Dec Silver Closed Below $24 Spot Once Again
30 Dec Silver Capped at $24 Spot on Thursday
29 Dec ‘Da Boyz’ Made Their Presence Felt Yesterday
28 Dec The Short Position in SLV Increases by 11%
24 Dec BMO Capital Continues to Issue Silver Out of Its House Account
23 Dec “Da Boyz” Bomb Gold on the Q3 GDP News
22 Dec 1.84 Million Oz. of Silver Withdrawn From SLV
21 Dec India Imports 20.6 Million Oz. of Silver in October
20 Dec No Silver Scheduled For Delivery on Wednesday
17 Dec A Surprisingly Bullish COT Report For Gold
16 Dec Another 1.70 Million Oz. of Silver Out of SLV
15 Dec The Decline in World Silver Inventories Continues Unabated
14 Dec All Four Precious Metal Rallies Brutally Capped
13 Dec BNP Paribas Delivers 2,000 Gold Contracts From its House Account
10 Dec The Short Position in SLV Drops 17% to 45.4 Million Shares
09 Dec Huge Deliveries Posted For Gold on Thursday
08 Dec Ultra Light December Deliveries Yet Again
07 Dec December Deliveries in Gold & Silver Comatose Yet Again
06 Dec 1,400 Gold Contracts Added to December on Monday
03 Dec December Deliveries Decline Precipitously
02 Dec Closer, But Still No Cigar — Ted Butler
01 Dec Gold & Silver Blast Higher the Moment the COMEX Closed

November 2022

30 Nov Decent, But Not Huge, December Deliveries
29 Nov The Big Shorts Hit Gold & Silver Hard
26 Nov A 10% Increase in SLV’s Short Position
25 Nov With the U.S. Closed, Not Much Happened on Thursday
24 Nov All Break-Out Rallies Capped on Ultra Light Volumes
23 Nov The Precious Metal Equities Rally Sharply
22 Nov 5.25 Million Oz. of Silver Added to SLV
19 Nov An Ugly COT Report in Gold
18 Nov Silver Heads For Biggest Deficit in Decades, Silver Institute says
17 Nov 3.13 Million Troy Oz. of Silver Added to SLV
16 Nov India Imports 1,750 Tonnes of Silver in September
15 Nov Gold’s N.Y. Rally Capped…and Yet More Silver Out of SLV
12 Nov Silver’s Rally Capped…and More Silver Out of SLV
11 Nov More Decent Rallies…and More Silver Out of SLV
10 Nov The Short Position in SLV Declines Slightly
09 Nov More Big Rallies & More Silver Out of SLV
08 Nov 19.2 Million Oz. of Silver Disappear From London in October
05 Nov Gold & Silver Explode Higher in New York
04 Nov Gold Closed At a Multi-Year Low
03 Nov The Big Shorts Strike With a Vengeance
02 Nov A ‘Surprise’ DXY Rally Aids the Commercial Shorts
01 Nov Record Central Bank Gold Buying in Q3/2022

October 2022

29 Oct A Shockingly Bullish COT Report in Gold
28 Oct The Coming Move to $50 Silver…and Beyond — Ted Butler
27 Oct 360,000 Oz of Gold Depart the COMEX on Tuesday
26 Oct Short Position in SLV Increases by 5.5 Percent
25 Oct More Big Activity in COMEX Silver on Friday
22 Oct Another Great COT Report in Both Silver & Gold
21 Oct So Much For the Nice Rallies in Silver & Gold
20 Oct The Big 4 Commercial Shorts Continue to Cover
19 Oct The Big Commercial Shorts Were Out & About Yesterday
18 Oct Wall Street Silver Interviews Ted Butler
15 Oct Stand Up and Make a Difference — Ted Butler
14 Oct India Imports 36.94 Million Oz. of Silver in August
13 Oct Another 4.51 Million Oz. of Silver Added to SLV
12 Oct Short Position in SLV Drops 17% to 49 Million Oz.
11 Oct 5.1 Million Oz. of Silver Into SLV Yesterday
08 Oct The Expected Ugly COT Report…Full of Surprises
07 Oct Another 2.49 Million Oz. of Silver Removed From SLV
06 Oct 7.14 Million Oz. of Silver Removed From SIVR & SLV
05 Oct Nice Gains Yesterday, But ‘Da Boyz’ Are Still Around
04 Oct Silver, Gold & Platinum Surge on Short Covering
01 Oct Gold: Now as White-Hot Bullish as Silver

September 2022

30 Sept The Bear Trap: Is It Finally Set? — Ted Butler
29 Sept The Bank of England Caves…Precious Metals Soar
28 Sept Gold Open Interest in October Takes a Big Hit
27 Sept The Short Position in SLV Drops a Tiny Amount
24 Sept Was Friday the Grand Finale?
23 Sept Price Management Extraordinaire in the Precious Metals
22 Sept Another 1,270 Gold Contracts Added to September Deliveries
21 Sept September Gold Open Interest Jumps Higher: Barclays Delivers
20 Sept Another Deposit Into SLV Yesterday
17 Sept 8.1 Million Oz. of Silver Added to SLV Yesterday
16 Sept The Big Shorts Deliver the Coup de Grâce to Gold
15 Sept A Very Quiet Trading Session For Gold
14 Sept Precious Metals Carpet Bombed on CPI Number
13 Sept Short Position in SLV Now Up to 60.35 Million Oz.
10 Sept Another Hugely Bullish COT Report…Especially in Silver
09 Sept Yet Another Day of Obvious Price Management
08 Sept Nice Rallies, But ‘Da Boyz’ Were Lurking About
07 Sept Silver & Gold Rallies Capped and Turned Lower Again
03 Sept Friday’s Precious Metal Rallies Get Turned Lower
02 Sept The Bear Raid By the Big Shorts Continues
01 Sept The Assault on Silver & Gold Continues

August 2022

31 Aug The Big Shorts Continue to Pound Away
30 Aug ‘Da Boyz’ Appear at 6:00 p.m. on Sunday Evening in New York
27 Aug A Bullish COT Report…Especially in Silver
26 Aug Another Very Quiet Volume Day in Silver & Gold
25 Aug Why Silver Went down When it Should Have Gone Up — Ted Butler
24 Aug Finally…a Rally of Sorts
23 Aug Gold, Silver & Platinum Closed Down 6 Days in a Row
20 Aug Gold, Silver & Platinum Closed Lower Yet Again
19 Aug The Short Position in SLV — Ted Butler
18 Aug Precious Metal Prices Engineered Lower Again
17 Aug A ‘Nothing’ Day on Very Quiet Volume
16 Aug The ‘Big 6+1″ Were All Closed Lower Yesterday
13 Aug The Big 4 Gold Shorts Increase Their Short Position Further
12 Aug The Gold Price Capped at $1,800 Spot Once Again
11 Aug Gold & Silver Capped on the CPI Number
10 Aug Gold Capped at $1,800 Spot
09 Aug Silver Soars on Short Covering
06 Aug The Big Commercial Silver Shorts Stand Pat
05 Aug Short Covering Rallies in All Four Precious Metals
04 Aug A Quiet But Obvious Price Suppression Day
03 Aug ‘Day Boyz’ Appear With a Vengeance at 8:30 a.m. in New York
02 Aug Gold, Silver & Platinum Capped at Their 50-Day Moving Averages

July 2022

30 Jul A Stunning COT Report For Silver
29 Jul August: A Monster Delivery Month For Gold
28 Jul Gold & Silver ‘React’ – But Not On the Fed News
27 Jul Just Another Day Off the Calendar…2.0
26 Jul Yet Another Day of ‘Care & Maintenance’
23 Jul Another Stunning COT Report For Gold
22 Jul Another New Engineered Intraday Low in Gold
21 Jul A New Engineered Low Price For Gold
20 Jul July COMEX Gold Deliveries Jump Higher Again
19 Jul Epic Silver Selloffs — Ted Butler
16 Jul Yet Another COT Report For the Ages
15 Jul The Big Shorts Showed No Mercy on Thursday
14 Jul ‘Da Boyz’ Show Up on the CPI News
13 Jul New Low Closes in Gold, Silver & Platinum
12 Jul The Perfect [and Only] Solution — Ted Butler
09 Jul Another Blockbuster COT Report
08 Jul More Gold Than Silver Delivered So Far in July
07 Jul The Bear Raid By the Big Shorts Continues
06 Jul An Epic Downside Clean-Out
02 Jul The Big 4 Silver Shorts Cover Aggressively
01 Jul Groundhog Day 4.0 on Thursday

June 2022

30 Jun Groundhog Day 3.0 In the Precious Metals
29 Jun The Price Pressure in Silver Continues
28 Jun The Price Pressure Continues In the Precious Metals
25 Jun A “Mostly as Expected” COT Report
24 Jun Ted Butler: The New OCC Report
23 Jun Yet Another Day of COMEX Price Management
22 Jun More Price Management in COMEX Trading Yesterday
21 Jun Watching Grass Grow on Monday
18 Jun The Big 4/8 Shorts Took No Prisoners Yesterday
17 Jun The PPT Has Been Busy These Last Few Days
16 Jun Gold & Silver Capped On the Fed News
15 Jun So…Are We Done to the Downside Yet?
14 Jun A Bloodbath…Courtesy of ‘Da Boyz’
11 Jun What the Heck Happened in Gold & Silver on Friday?
10 Jun Ted Butler — Eyes Wide Shut
09 Jun No Let Up From the Commercial Traders
08 Jun Gold & Silver Rallies Thwarted at Every Turn
07 Jun Another Day of Engineered Price Declines
04 Jun A Very Interesting & Surprising COT Report
03 Jun Quiet Rallies on Light Volume & Little Price Interference
02 Jun The Big 4/8 Shorts “Doing the Dirty” Yet Again
01 Jun ‘Da Boyz’ Were Busy Again on Tuesday

May 2022

31 May ‘Da Boyz’ Didn’t Take Any Time Off on Monday
28 May The Silver Set-Up: Even More Wildly Bullish
27 May Gold Sold Below Its 200-Day Moving Average Briefly
26 May The Price Pressure Continues Into First Day Notice
25 May The Commercial Traders Were Busy Yesterday
24 May More Gold Contracts Added For May Delivery
21 May May Gold Deliveries Now Over 6,000 Contracts
20 May Ted Butler: Revisiting an Old Premise
19 May Yet More Gold Contracts Added to May Deliveries
18 May Gold Deliveries in May Continue to Climb
17 May Gold: A New Intraday Low Set on Monday
14 May Gold & Silver Back on the Launch Pad…Again
13 May Gold Closed Below Its 200-Day Moving Average
12 May Another Big COMEX Gold Delivery
11 May A Shockingly Large Gold Delivery From Citigroup
10 May Another Day — and Yet Another Travesty
07 May Another Terrific & Bullish COT Report
06 May Blatant? Egregious? How About Both!
05 May Another Deposit Into SLV & Big SLV Share Action
04 May A Surprise Deposit Into SLV
03 May Ten Down Days In a Row For Silver

April 2022

30 Apr Make That 9 Down Days in a Row For Silver
29 Apr Silver Closed Lower 8 Days in a Row
28 Apr New Engineered Price Lows in Both Gold & Silver
27 Apr The Short Position in SLV Tops 40 Million Ounces
26 Apr The Commercial Traders Took No Prisoners Yesterday
23 Apr Another 3.51 Million Oz. of Silver Into SLV
22 Apr Perth Mint Q1/2022 Silver Sales Up 23%
21 Apr Global Silver Demand Surged By 19% in 2021
20 Apr ‘Da Boyz’ Bomb the Precious Metals
19 Apr Another 5.77 Million Oz. of Silver Added to SLV
16 Apr A Somewhat Surprising COT Report in Silver
15 Apr 4.16 Million Oz. of Silver Added to SLV
14 Apr Gold & Silver Up Five Days In a Row
13 Apr Gold & Silver Rally Weakly On the Inflation News
12 Apr The Outrageous Price Management Continues
09 Apr “Battle Stations” For ‘Da Boyz’ in New York on Friday
08 Apr Another Day of Precious Metal Rally Capping
07 Apr The ‘Fix Was In’ at the London P.M. Gold Fix Again
06 Apr ‘Da Boyz’ Appear at the London Afternoon Gold Fix
05 Apr 6.32 Million Oz. of Silver Added to SLV
02 Apr Another Silver Withdrawal From Deutsche Bank
01 Apr JPMorgan Issues More Silver From Its Own Account Again

March 2022

31 Mar JPMorgan Prevents COMEX Defaults in Both Silver and Platinum
30 Mar The Commercial Traders Show Up, But…
29 Mar Ted Butler: Another Stunning OCC Report
26 Mar 14.2 Million Oz. of Silver Withdrawn From Deutsche Bank
25 Mar Silver & Gold Sail Until ‘Da Boyz’ Appeared
24 Mar Gold & Silver Rally on Fumes & Vapours Volume
23 Mar More Engineered Price Declines on Ultra-Low Volume
22 Mar Prices Capped on Fumes & Vapours Volume
19 Mar A Surprising and Ugly COT Report
18 Mar Ted Butler — Still in Control
17 Mar India Imports 27.5 Million Oz. of Silver in January
16 Mar Russia’s Citizens Rush to Buy Gold
15 Mar A Bear Raid in Commodities to Rescue the Shorts
12 Mar Let Slip the Dogs of War?
11 Mar JPMorgan to the Rescue in Silver Yet Again
10 Mar The Commercial Traders of Whatever Stripe Appear
09 Mar Silver in Backwardation as JPMorgan Saves the COMEX Again
08 Mar JPMorgan Saves the COMEX From Default Again
05 Mar How Soon $2,000+ Gold — and $100+ Silver?
04 Mar Russia to Remove 20% VAT on Gold
03 Mar Silver Capped the Moment It Broke Above Unchanged
02 Mar More Monster Trading Volumes in SLV & GLD
01 Mar Russia’s Central Bank to Resume Gold Purchases

February 2022

26 Feb Silver Back Below Its 200-Day Moving Average
25 Feb The PPT et al. Were at Battle Stations Yesterday
24 Feb Russia Attacks Ukraine…Gold & Silver Soar
23 Feb Another Day With No Gold Into GLD
22 Feb Retail Bullion Sales Go Ballistic in Canada
19 Feb Silver’s Price Spike in New York Capped Immediately
18 Feb No Gold Into GLD For the Fourth Consecutive Day
17 Feb 1.15 Million Ounces of Silver Added to SIVR
16 Feb More Unexpected Open Interest Changes
15 Feb Unexpected Changes in Gold & Silver Open Interest
12 Feb What Happened After the COMEX Close Yesterday?
11 Feb M.I.A.
10 Feb M.I.A.
09 Feb M.I.A.
08 Feb Ted Butler: Pure Collusion
05 Feb Déjà Vu All Over Again
04 Feb Just When You Thought That Things Couldn’t Get Any More Egregious
03 Feb 5.4 Million Ounces of Silver Added to SLV
02 Feb ‘Da Boyz’ Iron Grip Continues
01 Feb U.S. Mint Sells 5 Million Silver Eagles in January

January 2022

29 Jan The Bear Raid Continues For a Third Day
28 Jan The Bear Raid Continues For a Second Day
27 Jan A Bear Raid in New York Yesterday
26 Jan More Silver & Gold Into SLV & GLD
25 Jan Ted Butler: Solving a Great Gold Mystery
22 Jan Almost 900,000 Troy Oz. of Gold Added to GLD
21 Jan Silver Tacks on Another Decent Price Gain
20 Jan Precious Metal Prices Surge on Wednesday
19 Jan Silver Blows Through Its 50-Day Moving Average
18 Jan A Quiet Trading Session With New York Closed
15 Jan An Astonishingly Bullish COT Report
14 Jan A Ted Butler Double-Header
13 Jan More Large Gold Deliveries in January
12 Jan More Gold & Silver Contracts Added to January
11 Jan Another Decent Sales Report From the U.S. Mint
08 Jan The DXY Craters: Gold & Silver Do Nothing
07 Jan The Commercial Traders Show Up Loaded for Bear
06 Jan The Fed Speaks: The Precious Metals Get Hit
05 Jan Yet Another Day of Price Management
04 Jan The Commercial Traders Bomb the Precious Metals
01 Jan A Nice Rally in Both Silver & Gold to End 2021