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SILVER WHACKED TODAY/COMEX IN SILVER HAS ANOTHER RECORD OI AT OVER 229,000 CONTRACTS

GOLD IS UP 50 CENTS BUT SILVER IS DOWN 15 CENTS/ONTARIO CRACKS DOWN ON HOT CHINESE MONEY FLOODING INTO TORONTO/MADURO SEIZES GENERAL MOTORS PLANT IN VENEZUELA/TRUMP DEMANDS FUNDING FOR HIS WALL!!

from Harvey Organ:

In silver, the total open interest ROSE BY A LARGE 1,243 contracts UP to 229,227 DESPITE THE FALL IN PRICE ( 12 CENTS) WITH RESPECT TO YESTERDAY’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. 1.146 BILLION TO BE EXACT or 164% of annual global silver production (ex Russia & ex China).

FOR THE NEW FRONT MARCH MONTH/ THEY FILED: 62 NOTICE(S) FOR 310,000 OZ OF SILVER

In gold, the total comex gold FELL BY 4213 contracts WITH THE FALL IN THE PRICE OF GOLD ($10.30 with YESTERDAY’S TRADING). The total gold OI stands at 468,050 contracts.

Read More @ Harveyorganblog.com

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