by Harvey Organ, Silver Doctors Good evening Ladies and Gentlemen: Here are the following closes for gold and silver today: Gold: $1194.10 up $5.80 (comex closing time) Silver $16.78 up 2 cents (comex closing time) In the access market 5:15 pm Gold $1193.50 Silver: $16.79 Following is a brief outline on gold and silver comex figures for today: At the gold comex today, we had a good delivery day, registering 2,468 notices serviced for 246,800 oz. Silver comex filed with 0 notices for nil oz. Several months ago the comex had 303 tonnes of total gold. Today, the total inventory rests at 245.32 tonnes for a loss of 57 tonnes over that period. In silver, the open interest rose by 675 contracts despite the fact that Monday’s silver price was down by 2 cents. The total silver OI continues to remain extremely high with today’s reading at 178,179 contracts maintaining itself near multi-year highs despite a record low price. This dichotomy has been happening now for quite a while and defies logic. There is no doubt that the silver situation is scaring our bankers to no end. In silver we had 0 notices served upon for nil oz. In gold, the total comex gold OI rests tonight at 398,456 for a gain of 737 contracts as gold was down $1.10 on Monday. Whenever we approach first day notice, the entire open interest for the gold or silver complex collapses as does the amount of gold/silver OI standing in the front active delivery month. Today, we had no change in inventory at the GLD, thus the inventory rests tonight at 714.07 tonnes. The appetite for gold coming from China is depleting not only gold from the LBMA and GLD but also the comex is bleeding gold. In silver, /we had a huge addition of 1.243 million oz in silver inventory at the SLV/Inventory rests at 318.313 million oz We have a few important stories to bring to your attention today… 1. Today, had the open interest in silver rise by 675 contracts despite the fact that silver was down in price by 2 cents yesterday. The OI for gold rose by 737 contracts up to 398,456 contracts as the price of gold was down by $1.10 on Monday. We again witness the collapse in the front month OI for no apparent reason. (report Harvey) 2,Today we have 3 major commentaries on Greece. The first two deal with the ongoing negotiations trying to salvage a deal to release about 7 billion euros of original bail out money. The last commentary deals with Greece abandoning the west and joining Russia with the building of the Southstream gas pipeline through Greece. Continue Reading>>>

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