GOLD AND SILVER WITHSTAND ANOTHER ATTACK/GOLD DOWN $2.55 AND SILVER IS DOWN 10 CENTS

by Harvey Organ, Harvey Organ Blog:

FINALLY HOUSE COMMITTEES LOOKING INTO CLINTON FOUNDATION/URANIUM ONE SCANDAL/HOUSE COMMITTEE NOW LOOKING INTO THE COMEY HANDLING OF HILLARY CLINTON EMAIL SCANDAL/SENATOR JEFF FLAKE WILL NOT SEEK THE SENATE SEAT IN 2018/REPUBLICANS IN TURMOIL

GOLD: $1277.10 DOWN $2.55

Silver: $16.95 DOWN 10 cents

Closing access prices:

Gold $1277.00

silver: $16.95

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: $1290.44 DOLLARS PER OZ

NY PRICE OF GOLD AT EXACT SAME TIME:  $1281.80

PREMIUM FIRST FIX:  $8.64(premiums getting larger)

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SECOND SHANGHAI GOLD FIX: $1291.54

NY GOLD PRICE AT THE EXACT SAME TIME: $1281.30

Premium of Shanghai 2nd fix/NY:$10.24 PREMIUMS GETTING LARGER)  

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LONDON FIRST GOLD FIX:  5:30 am est  $1278.30

NY PRICING AT THE EXACT SAME TIME: $1277.90

LONDON SECOND GOLD FIX  10 AM: $1276.45

NY PRICING AT THE EXACT SAME TIME. 1276.90

For comex gold:

OCTOBER/

NOTICES FILINGS TODAY FOR OCT CONTRACT MONTH: 562 NOTICE(S) FOR  56,200  OZ.

TOTAL NOTICES SO FAR: 3005  FOR 300,500 OZ  (9.346TONNES)

For silver:

OCTOBER

 

 167 NOTICES FILED TODAY FOR

 

835,000  OZ/

Total number of notices filed so far this month: 965 for 4,825,000 oz

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Bitcoin:  $5693 bid /$5713 offer DOWN $166.00  (MORNING)

BITCOIN CLOSING;$5665 BID:5685. OFFER  DOWN $191.00

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Let us have a look at the data for today

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In silver, the total open interest FELL BY ONLY 240 contracts from  192 ,364 DOWN TO 192,124 WITH RESPECT TO YESTERDAY’S TRADING (up  2 CENTS).  THE CROOKS ARE STILL HAVING AN AWFUL TIME TRYING TO COVER THEIR MASSIVE SILVER SHORTS SO THEY ONCE AGAIN ORGANIZE ANOTHER ATTEMPTED RAID ON OUR PRECIOUS METALS TODAY. 

RESULT: A SMALL SIZED FALL IN OI COMEX  WITH THE  2 CENT PRICE RISE.  OUR BANKERS COULD NOT COVER MUCH OF THEIR HUGE SHORTFALL SO ANOTHER RAID WAS CALLED UPON.

 In ounces, the OI is still represented by just UNDER 1 BILLION oz i.e.  0.962 BILLION TO BE EXACT or 137% of annual global silver production (ex Russia & ex China).

FOR THE NEW FRONT OCT MONTH/ THEY FILED: 167 NOTICE(S) FOR 835,000  OZ OF SILVER.

In gold, the open interest  FELL BY 1923 CONTRACTS DESPITE THE TINY RISE IN PRICE OF GOLD ($0.30) .  The new OI for the gold complex rests at 527,390. OUR BANKER FRIENDS NO DOUBT COVERED A BIT OF THEIR SHORTFALL WITH THE TINY RISE IN PRICE BUT NOT ENOUGH FOR THEIR LIKING.  THUS THEY CALLED FOR ANOTHER RAID TRYING TO SHAKE MORE GOLD/SILVER LEAVES TO FALL.

 

Result: A SMALL SIZED  DECREASE IN OI WITH TINY RISE IN PRICE IN GOLD ($0.30). WE HAD SOME BANKER GOLD SHORT COVERING AS THE BANKERS FAILED MISERABLY TO LOOSEN ANY GOLD LEAVES FROM THE GOLD TREE YESTERDAY..SO THEY ORGANIZED ANOTHER RAID THIS MORNING.

we had: 562 notice(s) filed upon for 56,200  oz of gold.

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With respect to our two criminal funds, the GLD and the SLV:

GLD:   

Tonight , NO CHANGES  in gold inventory at the GLD/

Inventory rests tonight: 853.13 tonnes.

SLV

Today:   STRANGE!! WITH SILVER CLOSING HIGHER WE HAD A WITHDRAWAL OF 1,039,000 OZ FROM THE SLV

INVENTORY RESTS AT 320.288 MILLION OZ

 

end

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First, here is an outline of what will be discussed tonight:

1. Today, we had the open interest in silver FELL  BY ONLY 240 contracts from 192,364  DOWN TO 192,124(AND now A LITTLE FURTHER FROM THE NEW COMEX RECORD SET ON FRIDAY/APRIL 21/2017 AT 234,787) .  OUR BANKERS WERE AGAIN UNSUCCESSFUL IN THEIR ATTEMPT TO COVER MUCH OF THEIR SILVER SHORTS.

RESULT:  A SMALL DECREASE IN SILVER OI  AT THE COMEX WITH THE  TINY RISE IN PRICE OF 2 CENTS (WITH RESPECT TO YESTERDAY’S TRADING). OUR BANKER FRIENDS WERE UNSUCCESSFUL IN THEIR ATTEMPT TO COVER MUCH OF OUR SILVER SHORTS SO ANOTHER RAID WAS ORCHESTRATED THIS MORNING.

(report Harvey)

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2.a) The Shanghai and London gold fix report

(Harvey)

 

2 b) Gold/silver trading overnight Europe, Goldcore

(Mark O’Byrne/zerohedge

and in NY:  Bloomberg

3. ASIAN AFFAIRS

i)Late MONDAY night/TUESDAY morning: Shanghai closed UP 7.55 points or .22% /Hang Sang CLOSED DOWN 150.91 pts or 0.53% / The Nikkei closed UP 108.52 POINTS OR .50/Australia’s all ordinaires CLOSED UP 0.09%/Chinese yuan (ONSHORE) closed UP  at 6.6314/Oil UP to 52.27 dollars per barrel for WTI and 57.73 for Brent. Stocks in Europe OPENED IN THE GREEN EXCEPT LONDON  .  ONSHORE YUAN CLOSED UP AGAINST THE DOLLAR AT 6.6314. OFFSHORE YUAN CLOSED WEAKER TO THE ONSHORE YUAN AT 6.6331 AND //ONSHORE YUAN  STRONGER AGAINST THE DOLLAR/OFF SHORE STRONGER TO THE DOLLAR/. THE DOLLAR (INDEX) IS WEAKER AGAINST ALL MAJOR CURRENCIES. CHINA IS  HAPPY TODAY.

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