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FRENCH MACRON VICTORY SENDS GLOBAL STOCKS SOARING/GOLD HIT ON OPTIONS EXPIRY BUT NOT SILVER/HUGE BATTLE IN THE USA BETWEEN TRUMP AND THE DEMOCRATS: TRUMP WANTS HIS WALL

DEMOCRATS WANTS HUGE ADDITIONAL FUNDING FOR OBAMACARE AND YET BOTH PARTIES CANNOT SEEM TO GET TOGETHER AS A GOVERNMENT SHUTDOWN LOOMS

from Harvey Organ:

In silver, the total open interest FELL SLIGHTLY BY 227 contracts DOWN to 234,558 DESPITE THE RATHER LARGE FALL IN PRICE ( 16 CENTS) WITH RESPECT TO FRIDAY’S TRADING. THE HEDGE FUNDS (MANAGED MONEY) CONTINUE TO REMAIN STEADFAST WITH THEIR POSITIONS ON DOWNDRAFT DAYS LIKE YESTERDAY WHILE ADDING TO THEIR LONGS ON GOOD DAYS. THE BANKERS ARE DESPERATELY TRYING TO COVER THEIR EVER BURGEONING SHORTS (OVER 555 MILLION OZ) BUT TO NO AVAIL. In ounces, the OI is still represented by just OVER 1 BILLION oz i.e. 1.173 BILLION TO BE EXACT or 168% of annual global silver production (ex Russia & ex China).

FOR THE NEW FRONT MARCH MONTH/ THEY FILED: 14 NOTICE(S) FOR 70,000 OZ OF SILVER

In gold, the total comex gold ROSE BY A HUGE 8,376 contracts WITH THE RISE IN THE PRICE OF GOLD ($5.50 with FRIDAY’S TRADING). The total gold OI stands at 482,394 contracts.

Read More @ Harveyorganblog.com

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