The Phaserl


Gold inventories at GLD hold constant/silver inventories fall/gold falls but silver refuses to buckle

by Harvey Organ,

Good evening Ladies and Gentlemen:

Gold closed down $6.40 to $1308.00 (comex closing time ). Silver was down 6 cents at $21.62.

In the access market today at 5:15 pm tonight here are the final prices:

gold: $1313.00
silver: $21.69

GOFO numbers are now partly in the negative as gold is now extremely scarce as the boys are finding it harder to find physical. Gold is in backwardation from 1 month . Today, decrease in negativity

Here are today’s readings with Monday’s comparison:

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