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THE ASSAULT ON $18.50 SILVER BEGINS!!/AND THEN $1291 GOLD WHICH WILL LEAD TO A BREAKOUT OVER $1300.

DOW PLUMMETS BY 138 POINTS/NASDAQ FALTERS BY 31. PTS/SILVER OPEN INTEREST CLIMBS TO WITHIN 600 CONTRACTS OF A RECORD DESPITE BEING $1.90 OFF WHEN THAT RECORD WAS SET

from Harvey Organ:

USA FIRES A HUGE NON NUCLEAR MOAB BOMB WHICH WAS PROBABLY MEANT TO DETER NORTH KOREA/USA GOVERNMENT RECEIPTS FALTER BADLY IN FIRST HALF OF THIS FISCAL YEAR

In silver, the total open interest ROSE BY A HUGE 3591 contracts UP to 223,763 DESPITE THE SMALL RISE IN PRICE ( 5 CENTS) WITH RESPECT TO YESTERDAY’S TRADING. THE HEDGE FUNDS (MANAGED MONEY) CONTINUE TO REMAIN STEADFAST WITH THEIR POSITIONS ON DOWNDRAFT DAYS WHILE SLOWLY 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. IT IS BECOMING ALMOST IMPOSSIBLE FOR THE BANKERS TO SUPPLY THE NECESSARY PAPER. In ounces, the OI is still represented by just OVER 1 BILLION oz i.e. 1.119 BILLION TO BE EXACT or 160% 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 GIGANTIC 8,273 contracts WITH THE RISE IN THE PRICE OF GOLD ($4.00 with YESTERDAY’S TRADING). The total gold OI stands at 464,404 contracts.

Read More @ Harveyorganblog.com

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