South Korea enters the fray with China/USA joins France with respect to its war in Central Africa
by Harvey Organ, HarveyOrgan.Blogspot.ca:
Good evening Ladies and Gentlemen:
Gold closed up $5.00 to $1235.30 (comex closing time ). Silver was up 17 cents at $19.64.
In the access market today at 5:15 pm tonight here are the final prices:
First let us see how London set its GOFO rates this morning:
OH!!OH!! negativity or backwardation is upon us for the first two months:
GOFO numbers are now decreasing in the positive for all months
GOFO rates negative and thus in backwardation for the first two months and heading for backwardation in the 3 and 6 months as the Eastern nations ask for their gold in London and at the Comex:
Here are today’s readings with Friday’s comparison:
Please follow SGT Report on Twitter & help share the message.