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DELIVERIES AT THE GOLD COMEX TOTAL ALMOST 44 TONNES/ AMOUNT STANDING FOR SILVER IN AUGUST ALSO RISES

from Harvey Organ:

GOLD AND SILVER RISE DURING PHYSICAL TIME ZONES (CHINA) BUT WHACKED BACK ONCE LONDON PUT TO BED/ENGLAND CANNOT MONETIZE LONG TERM BONDS BECAUSE NOBODY WANTS TO PART WITH THEM AND THUS A FAILURE IN THE GILT MARKET/DEUTSCHE BANK FAILES THE ZEW STRESS TEST

For the August gold contract month, we had a good sized 102 notices served upon for 10,200 ounces. The total number of notices filed so far for delivery: 11,645 for 1,164,500 oz or tonnes or 36.221 tonnes

In silver we had 3 notices served upon for 15,000 oz. The total number of notices filed so far this month: 274 for 1,370,000 oz.

Read More @ Harveyorganblog.com

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1 comment to DELIVERIES AT THE GOLD COMEX TOTAL ALMOST 44 TONNES/ AMOUNT STANDING FOR SILVER IN AUGUST ALSO RISES

  • Craig Escaped Detroit

    I say that Harey Organ needs to be less concerned with how many tons are “standing for delivery” and be more concerned with how many tons have “TAKEN DELIVERY” and NOT accepted FIAT settlements.

    But in the end, it really doesn’t matter because we know the Chinese, Indians, Russians are ALWAYS taking delivery, and the paper games will come to the end of the line when the shit’s all gone and not a day before.

    Anybody who has not “pre-stacked”, will be in for a very rude shock when the PM’s are suddenly “not available”. It’s gonna be very interesting to see what happens to the stocks, bonds, banks, 401’s, IRA’s, Credit Default Swaps, Interest Rate Swaps, Savings & Checking deposits, Pensions, government paper money, Treasury bills, etc etc.

    Oh yeah, and the price of FOOD. Can’t forget that important item, because anybody who has not PRE-stacked a bunch of food is gonna wish they had.

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