Andrew Maguire States That The Lbma Is Having Severe Trouble Locating Gold To Fulfill Contracts
GOLD DOWN $1.00 AND SILVER UP 2 CENTS BIT DOWN FROM FRIDAY’S ACCESS PRICING/THIS IS A BIG STORY: THE CME AND REUTERS ABANDON THE SILVER FIX..SOMETHING IS UP!!
from Harvey Organ:
AVERY GOODMAN..A MUST READ!!CHINA ANNOUNCES THAT ITS GROWTH RATE NEXT YEAR WILL BE 6.5%/CHINA’S TOTAL ASSETS NOW SURPASS 33 TRILLION/MAJOR RESTRUCTURING AT DEUTSCHE BANK AGAIN!TARGET 2 IMBALANCES AT THE EU INTENSIFIES AS FUNDS LEAVE SPAIN, ITALY AND FRANCE AND LAND IN GERMANY AND LUXEMBOURG/TRUMP TOWER SUPPOSEDLY WIRETAPPED: GET YOUR POPCORN READY/SENATOR GRASSLEY OPENS A PROBE ON THE FBI
In silver, the total open interest FELL by ONLY 3,484 contracts DOWN to 193,848 with respect to FRIDAY’S TRADING. In ounces, the OI is still represented by just less THAN 1 BILLION oz i.e. 0.969 BILLION TO BE EXACT or 138% of annual global silver production (ex Russia & ex China).
FOR THE NEW FRONT MARCH MONTH: THEY FILED: 343 NOTICE(S) FOR 1,715,000 OZ OF SILVER
In gold, the total comex gold FELL BY 6,937 contracts with ANOTHER FALL IN THE PRICE GOLD ($6.40 with FRIDAY’S trading ).The total gold OI stands at 437,220 contracts.
