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WHOA! Forty-One Percent of Physical Gold PULLED from Chicago Mercantile Exchange Kilo Vaults in ONE day!

WHOA!  Forty-One Percent of Physical Gold PULLED from Chicago Mercantile Exchange Kilo Vaults in ONE day!

The uber-wealthy have withdrawn forty-one percent (41%) of the physical Gold Bullion from the Kilo vaults of the Chicago Mercantile Exchange (CME), in ONE DAY!

The chart above shows the staggering withdrawals from the CME Kilo Vault totaling 174,612.081 Troy Ounces

What's most interesting about this is the withdrawal was NOT the typical 400 ounce Gold Bars; it was Kilos.  Billions of dollars worth.

Sovereigns do not generally buy or hold Kilos of Gold.  So this is likely the smaller - but still very wealthy - pulling the gold out.

What is now taking place that the uber-wealthy, and "connected" individuals, have so suddenly decided to take physical possession of Gold?

What is coming that the wealthy want to physically have their gold rather than trust someone else to hold it?

Withdrawals of this magnitude do not happen very often . . . at all.

Clearly, the very wealthy think (or know) some calamity is coming, and they want their gold in their own hands before whatever is coming, hits.

To put this in perspective, the Comex 50-day average rate of gold withdrawal just hit a new high of 131,293. Think about what this means for a moment... On average, 131,293 ounces of gold (~$233M) have been withdrawn from the Comex EVERY DAY for the past 50 days.

Now, 174,612.081 Troy Ounces has been pulled out.  Something wicked this way comes.

 

 

 Hal Turner Editorial Opinion

I believe the withdrawals of bullion from Comex inventory is functioning the same as a bank run.

Individuals that hold their bullion at these warehouses have decided that it is no longer safe from fraud or confiscation and they are acting independently to find other venues for their bullion.

At some point, like we see in previous bank runs, there will be some sort of restrictions imposed to prevent bullion leaving the vaults. That is when this fraud breaks wide open.

It should not be a mystery . . . when Germany requested to repatriate some of the bullion in the custody of the Federal Reserve and were told to go pound sand. That gold is no longer there and the parasites had to find other gold from elsewhere to eventually deliver to them.

I would put the odds at zero that the Money Changers are playing by the rules with custodial bullion at Comex. Zero!

For sure some or all of that metal has been stolen and resold to multiple owners and as the inventory declines the scam will be revealed.

Same with Silver.   Long before the last ounce of silver is cleared out, the scheme will collapse. The only reason it has not done so already is because hundreds of millions of 'ounces' of silver have been delivered through EFPs and quietly settled in cash. Even that is getting long in the tooth and at some point people will just demand their silver - which is not there to deliver.

The smart guys are getting their bullion out of the warehouse now while they still can.

Comments   

-1 # Strange book buying event!Bobbyjames1 2022-08-22 23:02
I have been looking for s very special set of jewish books for a year.! This is the kind of books that are almost never sold and when it is its very expensive!
Last week shockingly several sets became available from different sellers. I purchased a pristine first edition set for a fraction of its value!
Form its owner in the bronx NY. This is very frightening to see the group that wears all black selling these holy books?
-1 # RE: WHOA! Forty-One Percent of Physical Gold PULLED from Chicago Mercantile Exchange Kilo Vaults in ONE day!RAFO 2022-08-22 15:52
“If you can’t hold it, you don’t own it” — Steve Quayle. Truer words were never spoken.

These folks have realized when the cities are nuked, which they’re pushing for, the vaults and all the gold will vaporize. Moving it into underground bunkers in the boondocks.
-1 # Where are the vaults (not Chicago)Elpidios555 2022-08-22 12:30
Where are the vaults? Does not look like Chicago...
NY: 7
Mass: 1
Delaware: 2
Hong Kong: 2
https://www.cmegroup.com/trading/metals/files/precious-metals-delivery-process.pdf

https://www.bullionstar.com/blogs/ronan-manly/comex-and-ice-gold-vault-reports-both-overstate-eligible-gold-inventory/
-1 # Interesting readell 2022-08-22 12:18
https://m.investing.com/news/commodities-news/energy--precious-metals--weekly-review-and-outlook-2876934
# Question: where was it stored?Elpidios555 2022-08-22 11:43
Question: where were these kilos physically stored? Chicago? what building?

Remember what happened right before 9/11 in NYC? The script like the Diehard movie?
Interesting trend.... If a similar move, then pray for Chicago.
+2 # This Nations EconomyForrest Mosby 2022-08-22 10:47
Was doomed when the [dim controlled]Congress started using the Social Security Trust Fund to pay for LBJ’s Great Society vote buying bullshit…Oh, I know, they covered the shortfalls by issuing 50 yr treasury bonds…essentially spend the money now and when we are all dead, that future government can pay for it…except those T Bonds are worthless and there Can Be no money to make good and those bastards in congress that spent that money ARE good and dead and out of our reach…
Get ready for it folks…Our doom is here; both our Nations and ours…
-1 # Wow Hal...Adiff5466 2022-08-22 10:38
https://www.reddit.com/r/Wallstreetsilver/comments/wt6llu/you_have_been_reading_about_gold_leaving_the/

The first comment is oddly alike “your” opinion. Almost word for word. At least give credit to the person who wrote it. We all read Steve Q too.
-2 # RE: Wow Hal...njc 2022-08-22 12:16
Agreed - Enough with the plagiarism.
-1 # RE: Wow Hal...njc 2022-08-22 13:00
Why the downvote? This was clearly copied from someone else's post on a different site without giving credit. And before you say, "maybe that other poster *IS* Hal"...it's not. Do 5 min of research.
-1 # Maybe someone knowsPeachey 2022-08-22 09:27
Chicago is about to be hit with nuke, don’t want their gold radiated.
-2 # ot~Snapshots of History 1908MildB 2022-08-22 09:12
The tombstone of a drifter who had died after eating paste at Pioneer Cemetery in Goldfield, Nevada, USA. It was thought that he had found a jar of of the paste while looking for something to eat. The paste was supposedly rather sweet as it was made out of flour, water and 60% alum. Unfortunately, the concentration was also deadly.

Picture of tombstone

News paper articular

I remember eating paste from a gallon glass jar in kindergarten. I think just about all of us did at one point. It was sweet and I'm sure, laden with bacteria from dozens of grimy little hands. Probably the source of my robust immune system sixty-some years later!
# RE: WHOA! Forty-One Percent of Physical Gold PULLED from Chicago Mercantile Exchange Kilo Vaults in ONE day!John Galt 2022-08-22 04:44
Ezekiel 7:19
# Acts 3:6MildB 2022-08-22 09:17
Then Pete said, Silver and gold have I none; but such as I have give I thee: In the name of Jesus Christ of Nazareth rise up and walk.
+1 # "Chicago Is A Woke City"t.n.kuss@hotmail.com 2022-08-22 03:38
I think "Rich Guys Figured Out Having Gold or Anything Else of Value around Woke People is Just Plain Stupid!" Everybody's Moving to "Florida Where Sanity Still Exists."
+9 # Have you noticed the dates?Smiley1984*! 2022-08-22 03:32
Have you noticed the dates?

There was 40% of Gold pulled out on the 18th from the bullion warehouse, same day Amazon cancels 40% of orders and Walmart also. Next day 19th, Zaporozhye Nuclear Power Plant Reports 6-8 Explosions.

Then on the 21st we have "THE END GAME IS OUT IN THE OPEN: RADIATION LEAK FROM UKRAINE NUCLEAR PLANT "WILL TRIGGER NATO ARTICLE 5"

Now on the 24th, exactly 6 months since the start of Russia's "Special Military Operation"we have:-
2) On August 24, Ukraine will suffer a massive air and missile barrage destroying all the bridges across the Dnieper River, "Key Decision-Making centers", several electric generating stations, and the loss of Nikolaev and Odessa.

I believe in watching Gold as an indicator of coming world events, these withdrawals are significant signs that something BIG is coming.

We live in DANGEROUS and interesting times!
+2 # Have you noticed the dates?Mel 2022-08-22 07:22
Yup! I'm using pretty much the same reference points. Gold / Silver and Biblical Prophecy and they seem to be moving lock step.
+6 # Goddarkwingduck 2022-08-22 01:32
God is bringing this country to a halt to notice our ways. Feels like waves of Judgement at this point.
# Alas, Sodom and Gomorrah?Man of the Atom 2022-08-22 03:31
Is that harsh? Get a load of this!

https://www.naturalnews.com/2022-08-21-criticizing-transgender-mutilation-children-hate-crime-doj.html
+5 # kiloGreg5000 2022-08-22 01:15
the chinese exchanges use kilo bars for benchmark, not 400 ounce bars...

so there you go...
+11 # Meaning what reallyMANYROUNDS 2022-08-21 23:20
this is exactly the kind of thing that precedes a world war. Assets get moved around in a flurry.
One asset that moves afterwards is flesh, lots of it. Politicians who don't , or haven't given one rats ass about the people whom they are supposed to represent, will in the name of duty, call up your children to fill in the breach they have made. Old ones this time as well. No body will be left here to guard the gate, except you and me, and Hal.
# MANYROUNDSoldschool 2022-08-22 07:07
That's only 3 of us. :-(
+9 # Physical is the keyDwilliamsDDS 2022-08-21 22:35
Yeah a lot of smart people, are probably making sure the gold is in their hands and not just in paper contracts. I could never hold a piece of paper saying I owned gold. It would have to be physical gold
# Paper is what it is, paper.oldschool 2022-08-22 07:38
.
+4 # If...Gulfcaptain 2022-08-22 03:34
If you don't hold it, you don't own it.
+8 # This is Billions of $, not millionswarreng5995 2022-08-21 22:16
Spot prices are great for "paper gold". But really mean nothing when it comes to buying actual physical gold.

For instance spot price today is $1756. BUT to buy a Physical 1 oz Gold coin, the most common in the US being the 1 Oz Gold American Eagle (which is 1 troy ounce). Today (8/21/2022) the price for a 1 Oz Gold American Eagle is $1941.

So 174,612 Troy Ounce's of physical gold is equal to about $399 BILLION Dollars.

Even if you do go by "spot price", thats still $306.5 Billion.
+4 # █▓▒░ This is Billions of $, not millions ░▒▓█Palehorse 2022-08-21 23:04
|

The premiums are high and will only get higher.
For instance the current spot price for a single 1 Oz.
2022 Silver Eagle is $19.22 but to buy one on eBay they
are going for between $36-$38 each. That means the
premium is around $18. I have seen them in other places
for as little as $33 after a $14 premium was added.
+6 # █▓▒░ Whole World is a Banana Republic – Bill Holter ░▒▓█Palehorse 2022-08-21 22:02
|

Big money is getting out of fiat currencies like the U.S. dollar.
Bill Holter brokered what looks like the biggest U.S. silver coin
deal in history. 

It was also reported this last July 26 that precious metals
dealer Bill Holter had a single customer who purchased
$50 Million in coins and the Silver Eagle, 1 oz, portion of
the deal was 650,000 coins. (That's more than 21 tons)
Only $27 million of that could be bought in U.S. incremented
silver coins.  (The rest was used to buy gold U.S. coins.)

Holter says, “We have had free and carefree times for the
last 40 years.  Now, you are going to see the reverse.  Debt
is a two-edge sword, and after 40 years, we are going to see
the dangerous side of the sword. . . .

VIDEO

usawatchdog.com/whole-world-is-a-banana-republic-bill-holter/
+2 # The game is "Ultimate Jeopardy" and we seem to be headed into it whether we like it or notMan of the Atom 2022-08-22 03:23
"Comet or asteroid strike" for $200?
"Massive coastal earthquake with subsequent tsunami" for $500?
"Civilization ending Nuclear war" for $1000?

"I'll take 'Economic collapse with Urban Chaos' for $300, Alex."

(I know he's dead but as was said in "The Mothman Prophecies" about the entities associated with the paranormal world, "That window washer [up on the side of the building] can see an accident down the street that we don't see; now he's not God but from where he sits, he can see just a little bit farther down the road than we can.")
+1 # Oh and I'm leaving out maybe a favorite hereMan of the Atom 2022-08-22 03:25
"Vaccine death wave involving billions" for $2000?
+3 # RE: WHOA! Forty-One Percent of Physical Gold PULLED from Chicago Mercantile Exchange in ONE day!Clintm 2022-08-21 21:59
Holy cow
+2 # Crypto-guySkywalker51 2022-08-21 21:52
@Old School...

With a Glock of Sig 45....
+4 # Crypto-guySkywalker51 2022-08-21 21:49
Just liquidated ALL my crypto holdings to USD and deposited to credit union savings...took that physically bought gold, bullion, coins (large and small) plus other potential individual usage gold. This is the cheapest one will see for a long-long time. Plus it might get one out of tight and sticky spots later!

Used this last rise in prices for crypto's to exit...it took me most of the month to do it though...
+4 # SmartClintm 2022-08-21 22:00
Smart
+9 # RE: WHOA! Forty-One Percent of Physical Gold PULLED from Chicago Mercantile Exchange in ONE day!Avanarts 2022-08-21 21:39
My bet is that someone is trying to get PMs out of the country before Dot Gov orders them to be turned in the way Roosevelt did in 1933.

First it was Gold and just a bit later it was Silver.
+3 # "The smart guys"...joe@tittiger.com 2022-08-21 21:26
.
Never would have let anyone hold their PM's in the first place.
+2 # Wow!LauraL 2022-08-21 20:53
THAT is a LOT of withdrawing. SD Bullion had a sale of metals totaling $50 million from one customer about a month ago. What a story that was with her trying to get her money from the bank! I guess there are benefits to being poor. LOL

I'll be very interested to hear the financial commentaries on Monday morning.
+4 # RE: WHOA! Forty-One Percent of Physical Gold PULLED from Chicago Mercantile Exchange in ONE day!Suzuko804 2022-08-21 20:52
Could be that any remaining gold there in Chicago will be vaporized by a bomb.
+9 # Gold and silver...Gulfcaptain 2022-08-21 20:52
Gold and silver IS money. All else is paper. The uber rich along with nations such as India, Russia and China know that precious metals are wealth. They use paper to scam the masses, charge interest on that paper, inflate it or deflate it as they see fit and gain value from real goods (the equity) you have when you default.

However, they hold metals, gems, land and art. The rest is paper for the uninformed. Knowing that anything held in a bank can be ripped off (confiscated) it's best to keep it yourself. The Russians found this out the hard way.
+9 # RE: WHOA! Forty-One Percent of Physical Gold PULLED from Chicago Mercantile Exchange in ONE day!Lambs Servant 2022-08-21 20:47
It’s also worth pointing out that the 10 year yield is rising which signifies instability in the debt market. When the debt bubble pops then we will witness something that mankind has never seen before. Precious metals is a safe haven. You want the physical asset. Not the paper assets.
+2 # Count on the BolsheviksHuskerMike 2022-08-21 23:57
to separate you from your money and hard assets, guaranteed! These new 87000 special agents won’t be doing tax audits, they will be doing asset forfeiture and confiscation, because why? Because they can……
+1 # Confiscationoldschool 2022-08-22 07:35
when it begins, how long do you think it will take before the people wake up and begin to fight back .
+8 # RE: WHOA! Forty-One Percent of Physical Gold PULLED from Chicago Mercantile Exchange in ONE day!Gunner 2022-08-21 21:04
These "paper games" have been played for way, way too long!!
+6 # I agree,oldschool 2022-08-21 20:57
Just one thing, how are you going to protect it.
+2 # They may another metalMan of the Atom 2022-08-22 03:12
Lead and lead alloys - lots of it.

 

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