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LACKLUSTER JOBS REPORT FROM THE USA/AS USUAL GOLD AND SILVER WHACKED WITH THE JOB REPORT

JAPAN ANGRY AT TRUMP WITH THE REPORT THAT THE PRESIDENT ELECT ORDERED TOYOTA NOT TO BUILD THE COROLLA IN MEXICO/OVERNIGHT LENDING IN CHINA OVER 105%/SHORTS ON THE CHINESE YUAN ARE BEING SQUEEZED/THE CENTRAL BANK OF MEXICO INTERVENES TRYING TO STEM THE LOSS OF THE PESO BUT FAILS/FIRST MAJESTIC SILVER JOINS OUR CLASS ACTION LAWSUIT AGAINST THE BANKERS:

from Harvey Organ:

In silver, the total open interest ROSE by 1172 contracts UP to 165,537 with respect to YESTERDAY’S TRADING (short covering by the banks). In ounces, the OI is still represented by just less THAN 1 BILLION oz i.e. .828 BILLION TO BE EXACT or 118% of annual global silver production (ex Russia & ex China).

FOR THE JANUARY FRONT MONTH IN SILVER: 0 NOTICES FILED FOR 0 OZ.

In gold, the total comex gold ROSE BY 8,215 contracts WITH THE RISE IN THE PRICE GOLD ($15.90 with YESTERDAY’S trading ). The total gold OI stands at 431,537 contracts.

Read More @ Harveyorganblog.com

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