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GOLD WITHSTANDS A HUGE BANKER ATTACK (BANKERS SUPPLIED NON BACKED 22,000 CONTRACTS) TRYING TO QUELL GOLD’S ADVANCE

SILVER NOT SO LUCKY AS IT WAS DOWN 24 CENTS/SILVER’S OI NOW AT A RECORD 227,775/UK CALLS A SURPRISE ELECTION AND CATCHES THE POUND SHORTS OFFSIDE: THE POUND ADVANCES SMARTLY TODAY/PENTAGON IS NOW CONTEMPLATING SHOOTING DOWN ANY NEW NORTH KOREAN NUCLEAR TEST MISSILE

from Harvey Organ:

In silver, the total open interest ROSE BY A TINY 277 contracts UP to 227,775 WITH NO RISE IN PRICE ( 0 CENTS) WITH RESPECT TO YESTERDAY’S TRADING. THE HEDGE FUNDS (MANAGED MONEY) CONTINUE TO REMAIN STEADFAST WITH THEIR POSITIONS ON DOWNDRAFT DAYS 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. 1.139 BILLION TO BE EXACT or 163% of annual global silver production (ex Russia & ex China).

FOR THE NEW FRONT MARCH MONTH/ THEY FILED: 0 NOTICE(S) FOR NIL OZ OF SILVER

In gold, the total comex gold ROSE BY 513 contracts WITH THE SMALL RISE IN THE PRICE OF GOLD ($3.50 with YESTERDAY’S TRADING). The total gold OI stands at 474,257 contracts.

Read More @ Harveyorganblog.com

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