from Harvey Organ:
PEER TO PEER LENDING CAPPED IN CHINA: THIS IS A MAJOR SOURCE OF FUNDING FOR CHINESE HOUSING/PORTUGAL MAY LOSE ITS INVESTMENT GRADE FOR ITS SOVEREIGN BONDS: IF THEY LOSE THIS, A MAJOR BLACK SWAN EVENT AS ECB MUST DISGORGE ALL OF PORTUGUESE BONDS/FED WHISPERER HILSENRATH SLAMS THE FED IN A SURPRISING PAPER:LOOKS LIKE THE FED WANTS FISCAL STIMULUS/SUBPRIME AUTO LOAN DELINQUENCIES JUMP 17%
For the August gold contract month, we had a huge sized 214 notices served upon for 21,400 ounces. The total number of notices filed so far for delivery: 14,100 for 1,410,000 oz or tonnes or 43.866 tonnes. The total amount of gold standing for August is 43.788 tonnes.
In silver we had 11 notices served upon for 55,000 oz. The total number of notices filed so far this month: 501 for 2,505,000 oz.
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