Gold & Silver Down: Another Day – Another Raid
Gold & Silver Down: Another Day – Another Raid – Harvey Organ
GOLD: $1324.40 DOWN $4.20
Silver: $17.79 DOWN 4 CENT(S)
Closing access prices:
SHANGHAI GOLD FIX: FIRST FIX 10 15 PM EST (2:15 SHANGHAI LOCAL TIME)
SECOND FIX: 2:15 AM EST (6:15 SHANGHAI LOCAL TIME)
SHANGHAI FIRST GOLD FIX: $1336.44 DOLLARS PER OZ
NY PRICE OF GOLD AT EXACT SAME TIME: $1332.55
PREMIUM FIRST FIX: $3.89
SECOND SHANGHAI GOLD FIX: $1334.59
NY GOLD PRICE AT THE EXACT SAME TIME: $1331.55
Premium of Shanghai 2nd fix/NY:$3.04
LONDON FIRST GOLD FIX: 5:30 am est $1332.25
NY PRICING AT THE EXACT SAME TIME: $1332.20
LONDON SECOND GOLD FIX 10 AM: $1327.55
NY PRICING AT THE EXACT SAME TIME. 1328.65
For comex gold:
NOTICES FILINGS TODAY FOR SEPT CONTRACT MONTH: 3 NOTICE(S) FOR 300 OZ.
TOTAL NOTICES SO FAR: 54 FOR 5400 OZ (0.1679 TONNES)
264 NOTICES FILED TODAY FOR
Total number of notices filed so far this month: 4,898 for 24,490,000 oz
Let us have a look at the data for today
In silver, the total open interest ROSE BY A RATHER LARGE 1031 contracts from 187,176 DOWN TO 188,207 DESPITE THE DROP IN PRICE THAT SILVER UNDERTOOK IN YESTERDAY’S TRADING (DOWN 1 CENT(S). WE HAVE NOW HAD THREE DAYS OF TORMENT AND YET THE SILVER OPEN INTEREST HARDLY BUDGES. THE LONGS ARE REMAINING STOIC AND REFUSE TO GIVE IN TO THE ANTICS OF THE BANKERS.
RESULT: A STEADY RISE IN OI COMEX DESPITE THE 1 CENT PRICE LOSS.
In ounces, the OI is still represented by just UNDER 1 BILLION oz i.e. 0.941 BILLION TO BE EXACT or 134% of annual global silver production (ex Russia & ex China).
FOR THE NEW FRONT MAY MONTH/ THEY FILED: 264 NOTICE(S) FOR 1,320,000 OZ OF SILVER
In gold, the open interest ROSE BY A MONSTROUS 6,487 CONTRACTS DESPITE THE LOSS in price of gold ($2.95 LOSS YESTERDAY). The new OI for the gold complex rests at 580,606. NO WONDER THAT WE ANOTHER FLASH CRASH AND ANOTHER DAY OF TORMENT FROM THE BANKERS.
Result: A LARGE INCREASE IN OI DESPITE THE FALL IN PRICE IN GOLD ($2.95). THE COMMERCIALS SUPPLIED THE NECESSARY SHORT PAPER. NO DOUBT THAT ANOTHER FLASH CRASH WAS ORCHESTRATED TODAY DUE TO THE HUGE RISE IN OPEN INTEREST IN GOLD AND THE STEADY RISE IN OI IN SILVER
we had: 3 notice(s) filed upon for 300 oz of gold.
With respect to our two criminal funds, the GLD and the SLV:
Tonight , we had a huge change in gold inventory last night: a huge addition of 4.14 tonnes of gold.
Inventory rests tonight: 838.64 tonnes
Today: no change in inventory.
INVENTORY RESTS AT 327.088 MILLION OZ
Let us head over to the comex:
The total gold comex open interest ROSE BY A MONSTROUS 6,487 CONTRACTS UP to an OI level of 580,606 DESPITE THE LOSS IN THE PRICE OF GOLD ($2.95 LOSS IN YESTERDAY’S trading). THE GAIN IN OPEN INTEREST FOR THE COMEX GOLD COMPLEX NO DOUBT CAUSED OUR BANKERS TO ORCHESTRATE ANOTHER FLASH CRASH AND CONTINUE WITH THEIR 3RD CONSECUTIVE DAY OF TORMENT
Result: a HUGE SIZED open interest INCREASE with a DROP in the price of gold. CONTINUAL BANKER TORMENT TODAY WITH ANOTHER FLASH CRASH.
The new non active September contract month saw it’s OI FALL BY 4 contracts DOWN to 816. We had 0 notices filed UPON YESTERDAY so we LOST 4 contracts or an additional 400 oz will NOT stand AND 4 EFP’s WERE ISSUED which entitles them to a fiat bonus plus a deliverable contract on a different exchange and most likely that would be London. These are private deals so we do not get to see the makeup of these deals only the number of EFP’s issued.
The next active contract month is Oct and here we saw a LOSS of 1585 contracts DOWN to 39,909.
The November contract saw A GAIN OF 20 contracts UP to 379.
The very big active December contract month saw it’s OI GAIN OF 6,285 contracts UP to 457,657.
We had 3 notice(s) filed upon today for 300 oz