GOLD DOWN $1.50/SILVER IS DOWN 18 CENTS/AGAIN AT THE SILVER COMEX THE AMOUNT STANDING INCREASES BY 245,000 OZ

TOTAL SILVER STANDING: 14.560 MILLION OZ/REPUBLICANS INTRODUCE A NEW HEALTHCARE BILL BUT IT WILL GO NOWHERE from Harvey Organ:

USA RUNS A SURPRISING DEFICIT OF $429 BILLION DUE TO EXPENDITURES WITH RESPECT TO STUDENT LOANS AND HOUSING LOANS

In silver, the total open interest ROSE BY 887 contract(s) UP to 208,479 WITH THE RISE IN PRICE THAT SILVER TOOK WITH YESTERDAY’S TRADING (UP 15 CENT(S). WITH THE DATA TODAY, THE ONLY EXPLANATION IS THE COMMERCIALS CONTINUED AS THE SUPPLIER OF THE SHORT PAPER AND THE SPECULATORS WENT TO THE LONG SIDE GOBBLING UP THE PAPER.

In ounces, the OI is still represented by just OVER 1 BILLION oz i.e. 1.042 BILLION TO BE EXACT or 149% of annual global silver production (ex Russia & ex China).

FOR THE NEW FRONT MAY MONTH/ THEY FILED: 50 NOTICE(S) FOR 250,000 OZ OF SILVER

In gold, the total comex gold ROSE BY A MONSTROUS 15,769 CONTRACTS WITH THE RISE IN THE PRICE OF GOLD ($4.20 with YESTERDAY’S TRADING). The total gold OI stands at 491,438 contracts. AGAIN, THE COMMERCIALS SUPPLIED THE SHORT PAPER TO WHICH THE SPECULATORS WENT ON A RAMPAGE ON THE LONG SIDE.

we had 52 notice(s) filed upon for 5200 oz of gold.

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