Nice Move Mr. Resolute!
Nice Move Mr. Resolute! by J. Johnson for JSMineset
This is not a normal start of the week because the Sunday night open had Silver and Gold trading lower, but now? Gold is up $10.10 with the trade at $1,916.50 and close to the high at $1,917.70 with the low just above the double zeros. Silver has been Resoluted with its trade at $24.985, up 58 cents and trying the break thru the double zeros with the high at $24.99 with the low at $24.215. The US Dollar’s peg is now at 93.265, down 41.4 points and right beside its low at 93.26 with the high at 93.775. Of course, all this happened already before 5 am pst, the Comex open, the London close, and after a weekend of denial for one side, with overwhelming evidence of treason and collusion on the other, and after Rudy Giuliani tweeted “The Hunter Biden hard drive is authenticated by; The NY Post, Attorney Bob Costello, a receipt signed by Hunter Biden, and Biden’s attorney who called the merchant a day before it appeared and asked for the Hunter Biden Computer.”
In Venezuela, Gold is now priced at 19,141.04 Bolivar, a gain of 32.95 with Silver gaining 4.894 over the weekend with the last price at 249.538 Bolivar. Argentina’s Peso price for Gold is now at 148,468.91, providing the holder a 248.56 A-Peso gain with Silver adding another 38.04 with the last trade at 1,935.56 A-Peso’s. Turkey is in a mish mash today with Gold actually losing 56.81 T-Lira with the last price at 15,142.00 with Silver, not cooperating with the pull, adding 2.818 with the last price at 197.406 T-Lira.
October Silver’s Delivery Demands now shows a count of 241 fully paid for contracts and with a Volume of 10 up on the board, during London’s time, with a trading range between $24.815 and $24.755 with the last buy at the high. Friday’s full day of trade happened in between $24.26 and $24.23 with a settled price at $24.369, a gain of 17.6 cents, with a Volume of 204 that also increased the demand count by 95 contracts, as it seems Mr Resolute came in with a “spread exit” and right into the delivery system. Nice Move Mr. Resolute! Silver’s Overall Open Interest is now at 157,083 Overnighters helping to prove the deliveries are the issue as 199 contracts had to be added in order to keep the markets liquid (controlled). Friday’s Delivery Volume of 204 is close enough to the Open interest increase, to suggest things have become overwhelmingly tight for all those Comex approved smelters.
October Gold’s Delivery Demands now has 1,177 fully paid for 100-ounce contracts waiting for receipts with a Volume of 8 up on the board, and once again, with no posted price. Friday’s full day of Comex/ICE trade happened with one price, $1,898.50 for all 53 contracts inside the Volume Column with a settled price at $1,900.80 which reduced the delivery count by 559 contracts, and in turn, might mean the buyers got receipts here or in London. Gold’s Overall Open Interest is now tallied at 558,583 overnighters showing an increase of 994 more short contracts, to keep things liquid.