Harvey Organ PM Raid Update

by Harvey Organ, Silver Doctors Good evening Ladies and Gentlemen: Here are the following closes for gold and silver today: Gold: $1174.90 down $9.80 (comex closing time) Silver $16.09 down 38 cents (comex closing time) In the access market 5:15 pm Gold $1176.50 Silver: $16.16 Following is a brief outline on gold and silver comex figures for today: At the gold comex today, we had a fair delivery day, registering 10 notices serviced for 1,000 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 245.22 tonnes for a loss of 57 tonnes over that period. In silver, the open interest rose by 1795 contracts despite the fact that Wednesday’s silver price was down by 32 cents. The total silver OI continues to remain extremely high with today’s reading at 180,138 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 402,546 for a gain of 3822 contracts despite the fact that gold was down $9.40 on Wednesday. We had 10 notices filed for 1000 oz. Late last night, we had no change in gold inventory at the GLD, thus the inventory rests tonight at 709.89 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 no changes in silver inventory at the SLV/Inventory rests at 318.175 million oz We have a few important stories to bring to your attention today… 1. Today, we had the open interest in silver rise by 164 contracts despite the fact that silver was up in price by 2 cents yesterday. The OI for gold rose by 3822 contracts up to 402,546 contracts as the price of gold was up by $5.80 yesterday. (report Harvey) 2,Last night, huge volatility in the Chinese stock markets. 3. Today, 4 important commentaries re Greece Continue Reading>>>

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