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DEPT OF JUSTICE SHENANIGANS/NY FED LOWERS ESTIMATE OF 2ND QUARTER GDP TO 1.8%

GOLD RISES $1.80 BUT SILVER LOSES 5 CENTS/ FOR THE 12TH CONSECUTIVE DAY, THE AMOUNT OF SILVER STANDING AT THE COMEX INCREASES: TODAY ALMOST 4.6 MILLION OZ STANDING

from Harvey Organ:

CHINA LIES: ACTUALLY 21 BILLION USA LEAVES THEIR SHORES IN TOTAL CONTRAST TO WHAT THEY REPORTED EARLIER/KYLE BASS REPORTS THAT CHINA’S DEBT IS METASTASIZING/GERMANY AND AUSTRIA THREATEN RETALIATION IF THEY PASS FURTHER SANCTIONS AGAINST RUSSIA WHICH WILL HURT EUROPEAN COMPANIES

In silver, the total open interest FELL BY ONLY 4,087 contract(s) DOWN to 198,306 WITH THE HUGE FALL IN PRICE OF SILVER THAT TOOK PLACE WITH YESTERDAY’S TRADING (DOWN 42 CENT(S). In ounces, the OI is still represented by just UNDER 1 BILLION oz i.e. .991 BILLION TO BE EXACT or 142% of annual global silver production (ex Russia & ex China).

Read More @ Harveyorganblog.com

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