None of these posts are my work, they come from reddit.

https://www.reddit.com/r/Wallstreetsilver/comments/o1emj4/july_comex_silver_update_oi_is_tracking_high_to/

July comex silver update... OI is tracking high to trend. It is time for the trickery to begin. Two months ago the LBMA pulled off the biggest spoof in trading history. And what is planned for this delivery month?

Due Diligence

Here's the Open Interest on the July contract as it coasts down to first notice day. Currently the OI is over trend of prior post-flu months.

Below is the plot of the May contract OI. I posted the schedule of the LBMA's change to reporting protocol. In early March they announced a new schedule for reporting vault holdings. Previously they reported on a 1 month lag and they changed their reporting to a 5 day lag. All in the spirit of improving information flow, of course. It also happened to allow them to tinker with inventories before the May contract went to first notice day.

Then, a month later they dropped the bomb where LBMA inventories had risen to "record" volume. Inventory increased by 124 million oz of silver. Notice the timing of the announcement which occurred right at the critical point in the May contract where futures holders are deciding to roll, close, or stand for delivery.

The "fact" that 124 million oz of new supply could arrive into the marketplace was no doubt demoralizing for any long contract holder.

Next, the May contract goes through first notice day, deliveries proceed, and as the contract is just about expired and ... what happens? The 124 million oz vanishes!

On May 10, the LBMA issued a statement that effectively retracted nearly all of the “record stocks”. They stated the revised stock levels although they didn't use the word "revised". And it only admitted its “error” in a footnote:

*A data submission error led to the publication of an incorrect aggregate figure for the total silver held in London vaults in March. The corrected figure is 1,143,194 Troy ounces ('000s).

https://www.lbma.org.uk/articles/london-gold-and-silver-vault-holdings-end-april-2021/

These crooks will do anything to defend their fiat. This was the greatest spoof in trading history. I posted as such at the time:

https://www.reddit.com/r/Wallstreetsilver/comments/narz68/the_tamp_down_team_a_wholly_owned_subsidiary_of/

Then, good ol' Jeffie Christian at The Ministry of Truth says something to the the effect that the LMBA was new to this reporting method so that was why the mistake was made. He said that they had been using this reporting technique for ONLY 6 YEARS!

Well, well. Here we are 2 months later. What is the deep state going to do to spook the market this time? Maybe that is what all the hawkish talk was about at the FOMC today.

On **:

https://**.com/Ditch_the_DeepState

Booted of Twit. And you should leave too.