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GOLD AND SILVER RISE/HUGE BOMBSHELL AGAIN AT TOSHIBA/CHINA FINALLY ADMITS THAT IT WILL NOT HIT ITS TARGETS: DOWN GOES COMMODITY PRICES

RUN ON THE BANK AT MONTE DEI PASCHI AS WEIDMANN STATES THEY MUST NOW RAISE 9 BILLION EUROS INSTEAD OF 5 BILLION EUROS

from Harvey Organ:

In silver, the total open interest ROSE by 681 contracts UP to 161,953 with respect to FRIDAY’S TRADING. In ounces, the OI is still represented by just less THAN 1 BILLION oz i.e. .810 BILLION TO BE EXACT or 116% of annual global silver production (ex Russia & ex China).

FOR THE DECEMBER FRONT MONTH: 7 NOTICES FILED FOR 35,000 OZ.

In gold, the total comex gold ROSE BY 4,682 contracts AS WE HAD A RISE IN THE PRICE GOLD ($3.10 with FRIDAY’S trading ).The total gold OI stands at 407,673 contracts. We are very close to the bottom with respect to OI. Generally 390,000 should do it.

Read More @ Harveyorganblog.com

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