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FOR 6 STRAIGHT DAYS, THE AMOUNT OF SILVER OUNCES STANDING FOR DELIVERY INCREASED: FIRST DAY NOTICE STARTED AT 16.8 MILLION OZ

TODAY: 21.5 MILLION OZ/CHINA’S ECONOMY SLOWING DOWN DRAMATICALLY/OIL DROPS BACK INTO THE 45 DOLLAR COLUMN FOR WTI/CHAOS INTENSIFIES IN VENEZUELA: MANY ARMY OFFICIALS ARE JOINING THE PROTESTERS

from Harvey Organ:

In silver, the total open interest SURPRISINGLY ROSE BY 1,778 contracts UP to 190,305 DESPITE THE SLIGHT RISE IN PRICE THAT SILVER TOOK WITH RESPECT TO YESTERDAY’S TRADING (UP ONLY 4 CENTS). In ounces, the OI is still represented by just UNDER 1 BILLION oz i.e. 0.951 BILLION TO BE EXACT or 136% of annual global silver production (ex Russia & ex China).

FOR THE NEW FRONT MAY MONTH/ THEY FILED: 99 NOTICE(S) FOR 495,000 OZ OF SILVER

In gold, the total comex gold FELL BY A MONSTROUS 15,183 contracts DESPITE THE SLIGHT RISE IN THE PRICE OF GOLD ($0.10 with FRIDAY’S TRADING). The total gold OI stands at 443,343 contracts.

we had 15 notice(s) filed upon for 1500 oz of gold.

Read More @ Harveyorganblog.com

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