Categories



TheLibertyMill




The Phaserl






AvatarProducts



GLD GAINS ANOTHER 4.44 TONNES OF INVENTORY!!/SLV: NO GAIN IN INVENTORY

GOLD GAINS OVER 20 DOLLARS IN ACCESS MARKET ON FED RATE HIKE/SILVER GAINS 44 CENTS/COMMODITIES RISE, GOLD AND SILVER RISE AS THEY DUMP THE DOLLAR ON THE FED RATE HIKE/PRIME MINISTER RUTTE, THE EASY VICTOR IN EARLY EXIT POLLS

from Harvey Organ:

In silver, the total open interest FELL by 1683 contracts DOWN to 186,936 with respect to YESTERDAY’S TRADING. In ounces, the OI is still represented by just less THAN 1 BILLION oz i.e. 0.935 BILLION TO BE EXACT or 134% of annual global silver production (ex Russia & ex China).

FOR THE NEW FRONT MARCH MONTH: THEY FILED: 78 NOTICE(S) FOR 390,000 OZ OF SILVER

In gold, the total comex gold ROSE BY A TINY 150 contracts EVEN WITH THE FALL IN THE PRICE OF GOLD ($0.50 with YESTERDAY’S TRADING) The total gold OI stands at 426,170 contracts.

Read More @ Harveyorganblog.com

Help us spread the ANTIDOTE to corporate propaganda.

Please follow SGT Report on Twitter & help share the message.

1 comment to GLD GAINS ANOTHER 4.44 TONNES OF INVENTORY!!/SLV: NO GAIN IN INVENTORY

  • Geo

    “GLD GAINS ANOTHER 4.44 TONNES OF INVENTORY”

    Harvey Organ, I keep seeing you make these claims but I still have not seen any verifiable evidence to support them. How reliable are GLD’s holding reports? GLD does not give retail investors the right to redeem for any of its mystery physical gold holdings. This fact alone ensures the GLD shares to be nothing more than paper at the end of the day. GLD also has a glaring audit loophole in their prospectus that states they have no right to audit subcustodial gold holdings. To this day, I have not heard of a single good reason for the existence of this backdoor to the fund. Some other red flags I’ve stumbled upon, verified and welcome everyone else to verify for themselves:

    “Did anyone try calling the GLD hotline at 866▪320▪4053 in search of numerical details on GLD’s insurance? The prospectus vaguely states “The Custodian maintains insurance with regard to its business on such terms and conditions as it considers appropriate which does not cover the full amount of gold held in custody.” When I asked about how much of the gold was insured, the representative proceeded to act as if he didn’t know and said they were just the “marketing agent” for GLD. What kind of marketing agent would not know such basic information about a product they are marketing? It seems like they are deliberately hiding information from investors.”

    “I remember there was a highly publicized visit by CNBC’s Bob Pisani to GLD’s gold vault. This visit was organized by GLD’s management to prove the existence of GLD’s gold but the gold bar held up by Mr. Pisani had the serial number ZJ6752 which did not appear on the most recent bar list at that time. It was later discovered that this “GLD” bar was actually owned by ETF Securities.”

Leave a Reply

You can use these HTML tags

<a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <s> <strike> <strong>