by Harvey Organ, HarveyOrganblog:
Good evening Ladies and Gentlemen:
Gold: $1,233.10 down $8.10 (comex closing time)
Silver 16.31 up 14 cents
In the access market 5:15 pm
Yesterday you all heard about the settlement of a class action lawsuit filed against the banks on gold and silver manipulation. The bank that settled was Deutsche bank.
As I stated yesterday on this huge story:
“The real question is what prompted DB to settle? Could they have received a little tap on the shoulder from the Bundesbank, angry that gold is not coming their way these past 3 months from the FRBNY as promised? Could this be the reason that they jumped at the settlement and not only that they are willing to spill the beans on the fellow manipulators.
Something big is happening behind to scenes!
Tonight the OI for silver rose dramatically again up to 192,629 contracts and again at multi year highs. The bankers only knocked off a few gold leaves with yesterday’s OI reading in gold.
Yesterday I wrote the following:
“Today (Thursday) no doubt, more leaves fell with the raid on gold today. But in silver they are having an awful time!!
Please follow SGT Report on Twitter & help share the message.