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HORRENDOUS JOBS REPORT SENDS GOLD AND SILVER MUCH HIGHER

GOLD SHARES HOWEVER MUCH SUBDUED/TWO BANKING CRISIS MOMENTS TODAY: ONE FROM ITALY AND ONE FROM SPAIN

from Harvey Organ:

GYMBOREE IN THE USA READY TO FILE FOR BANKRUPTCY PROTECTION AS IT MISSES ITS INTEREST PAYMENT

In silver, the total open interest ROSE BY 1304 contract(s) UP to 205,750 DESPITE THE FALL IN PRICE OF SILVER THAT TOOK PLACE WITH YESTERDAY’S TRADING (DOWN 13 CENT(S). In ounces, the OI is still represented by just OVER 1 BILLION oz i.e. 1.0280 BILLION TO BE EXACT or 147% of annual global silver production (ex Russia & ex China).

FOR THE NEW FRONT MAY MONTH/ THEY FILED: 392 NOTICE(S) FOR 1,960,000 OZ OF SILVER

In gold, the total comex gold ROSE BY A STRONG 1,836 contracts DESPITE THE FALL IN THE PRICE OF GOLD ($5.00 with YESTERDAY’S TRADING). The total gold OI stands at 444,814 contracts.

we had 739 notice(s) filed upon for 73,900 oz of gold.

Read More @ Harveyorganblog.com

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