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FOMC IN A SLIGHT HAWKISH MOOD YET MARKET INTERPRETS AS DOVISH/CHINA HAS MASSIVE AMOUNT OF SHIPS INTO DISPUTED WATERS

from Harvey Organ:

RUSSIA ENGAGES IN ARMOURED WAR GAMES/DUND AND BRADSTREET MAY LOWER THE BOOM ON PORTUGAL’S SOVEREIGN DEBT : IF THEY DOWNGRADE THEN ECB CANNOT PURCHASE ANY OF THEIR BONDS/CISCO SYSTEMS LAYS OFF 5,500 WORKERS/TARGET SLASHES 2ND HALF EARNINGS AND SALES/

For the August gold contract month, we had a small sized 11 notices served upon for 1100 ounces. The total number of notices filed so far for delivery: 12,857 for 1,285,700 oz or tonnes or 39.999 tonnes. The total amount of gold standing for August is 42.82tonnes.

In silver we had 119 notices served upon for 595,000 oz. The total number of notices filed so far this month: 393 for 1,965,000 oz.

Read More @ HarveyOrganblog.com

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