Harvey Organ: HUGE Recovery in Mining Shares- BIG Day Tuesday for Gold & Silver?
by Harvey Organ, Silver Doctors The gold shares rebounded sharply today as the bankers covered their massive shorts in the gold/silver equity shares. That is a sure sign that gold and silver will have a very strong day tomorrow. The crooks are controlling the precious metals market every minute of every trading day. Submitted by Harvey Organ: Good evening Ladies and Gentlemen: Here are the following closes for gold and silver today: Gold: $1279.40 down $13.20 (comex closing time) Silver: $17.97 down 7 cents (comex closing time) In the access market 5:15 pm Gold $1281.30 silver $17.91 The gold shares rebounded sharply today as the bankers covered their massive shorts in the gold/silver equity shares. That is a sure sign that gold and silver will have a very strong day tomorrow. The crooks are controlling the precious metals market every minute of every trading day. Gold/silver trading: see kitco charts on right side of the commentary. The gold comex today had a poor delivery day, registering 0 notices served for nil oz. Silver comex registered 1 notices for 5,000 oz. Three months ago the comex had 303 tonnes of total gold. Today the total inventory rests at 247.83 tonnes for a loss of 55 tonnes over that period. In silver, the open interest rose by 813 contracts despite Friday’s silver price being down by 7 cents. The total silver OI continues to remains relatively high with today’s reading at 161,811 contracts. It seems that the bankers are very worried about silver as they covered again some of their short positions with the rise in the price of silver. The January silver OI contract rose by 5 contracts up to 8. In gold we again had a small decrease in OI with the decrease in price of gold on Friday to the tune of $8.10 The total comex gold OI rests tonight at 449,113 for a loss of 1872 contracts. The bankers continue to supply the non backed paper with reckless abandon. The January gold contract fell by 14 contracts down to 36 contracts. Today, we had another addition of 1.79 tonnes of gold inventory at the GLD/Inventory at 743.44 tonnes In silver, /SLV inventory remains constant at 319.314 million oz We have a few important stories to bring to your attention today… Let’s head immediately to see the major data points for today. First: GOFO rates: Continue Reading>>>