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GOLD AND SILVER WHACKED AGAIN/COMEX GOLD OI FALLS BY 6,000 CONTRACTS BUT SILVER OI LOWERS BY ONLY 900 CONTRACTS

GLD LOSES 2.67 TONNES FROM INVENTORY/SLV LOSES 1.137 MILLION OZ/CHINA IN CHAOS OVERNIGHT AS YUAN LEVELS FALL COUPLED WITH HIGHER INTEREST RATES AS LIQUIDITY DISAPPEARS

from Harvey Organ:

DRAGHI SEES NO URGENT NEED TO CONTINUE QE ONCE PROGRAM ENDS/USA SENDS TROOPS TO SYRIA AND IN ALL LIKELIHOOD A NEW OFFENSIVE ON RAQQA/CRUDE OIL COLLAPSES TO 48 DOLLARS PER BARREL, ALONG WITH OTHER COMMODITIES/EMERGING MARKETS COLLAPSE/FOX NEWS CONFIRM TWO WIRETAPS ON TRUMP’S SERVER: ONE BEING A FISA ORDER

In silver, the total open interest FELL by ONLY 976 contracts DOWN to 191,422 with respect to YESTERDAY’S TRADING. In ounces, the OI is still represented by just less THAN 1 BILLION oz i.e. 0.957 BILLION TO BE EXACT or 137% of annual global silver production (ex Russia & ex China).

FOR THE NEW FRONT MARCH MONTH: THEY FILED: 708 NOTICE(S) FOR 3,540,000 OZ OF SILVER

In gold, the total comex gold FELL BY A CONSIDERABLE 6.774 contracts WITH ANOTHER FALL IN THE PRICE GOLD ($9.00 with YESTERDAY’S trading ).The total gold OI stands at 427,627 contracts.

Read More @ Harveyorganblog.com

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