by Harvey Organ, HarveyOrgan.Blogspot.ca:
Good evening Ladies and Gentlemen:
Gold closed down $0.70 at $1263.70 (comex closing time ). Silver was up 3 cents at $19.77
In the access market tonight at 5:15 pm
why the downdraft? options expiry today and the crooks never disappoint us with their antics.
Here are today’s readings with yesterday’s comparison:
Rates are slightly moving to the positive in direction (slightly away from backwardation)
i) One Month: +.04667000% vs yesterday: +.033300000%
ii Two Months: +.055000%. vs yesterday: +.045000000%
iii) Three Months:+.062000% vs yesterday: +.051670000000%
iv) Six months: +.09833300% vs yesterday: +.0950000%
Please follow SGT Report on Twitter & help share the message.