How 2 Track COMEX Deliveries

While we wait to see if we can Bust the COMEX and end the gold & silver price manipulation a question arises: how do we know how much gold and silver are being requested for delivery by futures traders?

Answer: The answer is updated daily here: http://cmegroup.com/trading/energy-metals/files/delivery.pdf 

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This report is updated each trading day by COMEX. “GC” is the gold contract, “SI” is the silver contract and “HG” is copper. Note this example is for the Nov 2008 contracts. On Nov 28, 2008 (a.k.a. “First Notice Day”) this report will start showing requested deliveries for the Dec 2008 contracts.

The last day to request delivery of Dec 2008 gold is Dec 29, 2008. (How are the trading dates set? [link])

You can track COMEX warehouse inventory levels here:
gold: http://cmegroup.com/trading/energy-metals/files/Gold_Stocks.xls
silver: http://cmegroup.com/trading/energy-metals/files/Silver_Stocks.xls 

Link to master list of COMEX reports: http://www.cmegroup.com/trading/energy-metals/nymex-daily-reports.html 

More info:

How close is COMEX to going bust? Answer: Vaporize COMEX CountDOWN

See also:
Gold: Is This It, NOW?
Attack of COMEX Gold & Silver
Warning: COMEX May Default on December Gold
Sinclair Sez “Help Me Bust Comex”
This Guy Plans 2 Kill “Paper” Silver

Video: Bush Shunned By World Leaders

Bush 43, the most unpopular president in US history, was shunned by world leaders at the G20 Economic Summit. Notice how they each refuse to shake his hand as he walks the receiving line.

A tip of the hat to James for the link!

Orlov’s 5 Stages of Collapse

reinventingcollapseDmitryOrlov has written an excellent and entertaining book that I read over the summer. It’s called “Reinventing Collapse.” He describes himself as:

My specialty is in thinking about and, unfortunately, predicting collapse. My method is based on comparison: I watched the Soviet Union collapse, and, since I am also familiar with the details of the situation in the United States, I can make comparisons between these two failed superpowers.

Now he has written about the Five Stages of Collapse. It’s worth a look. [link]
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By the mid-90s it was quite clear to me that the US was headed in the same general direction.
 

He says we’ve been in stage 1 since January this year (2008). Some of the other stages are unavoidable.
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In his post Orlov talks about how to realistically prepare for what’s coming.
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You can read the whole thing for yourself. [link]