The Phaserl


slight decrease in gold inventory at GLD/no change in silver/gold holds steady/silver down in price/India will now have a gold friendly prime Minister/Putin visits China next week in order to cement “holy grail” gas deal

by Harvey Organ,

Gold closed down $0.20 at $1293.30 (comex to comex closing time ). Silver was down 16 cents at $19.29

In the access market tonight at 5:15 pm
gold: $1293.30
silver: $19.37

Today our bankers decided it was necessary to keep gold and silver under wraps as they seem loathe to let gold rise above the 1300 dollar mark and silver over 20.00.

Tonight, the GLD reported that today we had a slight decrease of inventory gold to the tune of 0.27 tonnes. In silver, we also had no change in inventory at the SLV.

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