by Harvey Organ, Harvey Organ Blog:
GOLD ADVANCES ANOTHER $3.10 BY COMEX CLOSING TIME TO $1341.85/SILVER ADVANCES 19 CENTS TO $16.20/FOMC: GOLD BULLISH AS THE FED CLOWNS ARE LOOKING TO END ROLL OFFS FROM ITS BALANCE SHEET BY YEAR END//SEEMS THAT MUELLER WILL END HIS WITCH HUNT BY NEXT WEEK/MORE SWAMP STORIES FOR YOU TONIGHT
GOLD: $1344.95 UP $3.10 (COMEX TO COMEX CLOSING)
Silver: $16.20 UP 19 CENTS (COMEX TO COMEX CLOSING)
by Harvey Organ, Harvey Organ Blog:
SILVER BREAKS THE $16.00 BARRIER AT $16.01 UP 25 CENTS/WE HAVE AT THE COMEX: 33.45 TONNES OF GOLD STANDING FOR DELIVERY OF WHICH THERE IS ONLY 23.13 TONNES OF REGISTERED GOLD AND ALREADY 31.825 TONNES OF GOLD HAVE BEEN SERVED UPON//JAPANESE GOVERNMENT TRAPPED AS THERE IS LITTLE LEFT OF BONDS TO BUY AND YET THEY NEED MORE STIMULUS// VENEZUELA IS A CONTINUAL DOWNWARD SPIRAL AS MORE BANKS CUT THEM OFF FOR FUNDING: MADURO REFUSES FOREIGN AID/TED BUTLER: A MUST READ ON THE SILVER FRAUD//HUGE NUMBER OF SWAMP STORIES FOR YOU TONIGHT
by Theodore Butler, Silver Seek:
It’s now been four months since the US Department of Justice secured a criminal guilty plea from the former trader from JPMorgan for spoofing and manipulating precious metals prices on the COMEX and three months since that plea was unsealed. In its announcement on Nov 6, the Justice Department made it clear that it was engaged in an ongoing investigation into COMEX precious metals trading by no less than three of its important divisions; the Criminal Division, the Federal Bureau of Investigation (FBI), and the US Attorneys Division. Here’s a link for the organization chart for the DOJ –
by Harvey Organ, Harvey Organ Blog:
GOLD RISES BY 8 DOLLARS TO $1318.90/SILVER UP 19 CENTS TO $15.76/TRUMP INITIATES EMERGENCY MEASURES FOR WALL FUNDING AS CHAOS ESCALATES/CHINA INITIATES A MASSIVE STIMULUS AS ITS ECONOMY FALTERS BADLY/INDUSTRIAL PRODUCTION INSIDE USA FALTERS/EU SET TO INITIATE ITS QE/FOREIGNERS DUMP A MASSIVE $77 BILLION OF TREASURIES
GOLD: $1318.90 UP $8.00 (COMEX TO COMEX CLOSING)
Silver: $15.76 UP 19 CENTS (COMEX TO COMEX CLOSING)
by Theodore Butler, Silver Seek:
It’s now been four months since the US Department of Justice secured a criminal guilty plea from the former trader from JPMorgan for spoofing and manipulating precious metals prices on the COMEX and three months since that plea was unsealed. In its announcement on Nov 6, the Justice Department made it clear that it was engaged in an ongoing investigation into COMEX precious metals trading by no less than three of its important divisions; the Criminal Division, the Federal Bureau of Investigation (FBI), and the US Attorneys Division. Here’s a link for the organization chart for the DOJ –
by Harvey Organ, Harvey Organ Blog:
GOLD DOWN $1.10 TO $1310.90/SILVER FALLS 11 CENTS TO $15.57//CHINA AND THE USA REVEAL LACK OF PROGRESS ON USA-CHINA TRADE DEAL//THERESA MAY LOSES ANOTHER BREXIT VOTE AND THIS HURTS HER CREDIBILITY/TRUMP TO SIGN BILL TO KEEP GOVERNMENT OPEN BUT ALSO SIGN AN EMERGENCY MEASURE TO FUND THE WALL
by Harvey Organ, Harvey Organ Blog:
ANOTHER BIGGY: TREASURY RECEIPTS ON A TRAILING 12 MONTH VENUE FALLS INDICATING RECESSION/BUDGETARY DEFICIT SEEMS TO BE HEADING TO 1.1 TO 1.2 TRILLION DOLLARS/ AND INCOME TAX RECEIPTS ON A PERSONAL AND CORPORATE LEVEL ARE FALLING; GOOD REASON FOR THE STOCK MARKET TO RISE
GOLD: $1312.00 UP $1.40 (COMEX TO COMEX CLOSING)
Silver: $15.68 DOWN 4 CENTS (COMEX TO COMEX CLOSING)
by Chris Powell, Gold Seek:
Dear Friend of GATA and Gold:
While the law firm superintending the Canadian class-action lawsuit against gold and silver market rigging doesn’t seem interested in communicating to the public about the case, GATA is reliably informed that the settlement agreement with Deutsche Bank reported today —
http://www.gata.org/node/18857
— is not the end of the case.
The lawsuit continues against eight other banks, the London Gold Market Fixing organization, and the London Silver Market Fixing organization, as specified in today’s announcement from the law firm:
by Harvey Organ, Harvey Organ Blog:
BANK OF JAPAN NOW BEGINS TO TAPER GOVERNMENT BOND PURCHASES AS THEY ARE RUNNING OUT OF BONDS TO BUY/TRUMP NOT HAPPY WITH WALL COMPROMISE BUT STATES THAT HE WILL NOT SHUT DOWN GOVERNMENT/DOW RISES BY 272 POINTS AND NASDAQ UP 106 POINTS/MORE SWAMP STORIES FOR YOU TONIGHT
GOLD: $1310.60 UP $2.20 (COMEX TO COMEX CLOSING)
by Chris Powell, Gold Seek:
The recent monthly statements of account published by the Bank for International Settlements indicate that the bank is still actively trading in gold swaps, which the bank uses to gain access to gold held by commercial banks. There is not enough information in the monthly reports to calculate the exact amount of swaps, but based on the information in the January 2019 statement of account, just published —
https://www.bis.org/banking/balsheet/statofacc190131.pdf
— the BIS’ gold swaps are estimated to be 247 tonnes as of January 31, compared to about 275 tonnes at December 31, 2018.
