Gold And Silver Rise Sharply On Janet Yellen’s Speech/a Must Read From Ted Butler
DEUTSCHE BANK TUMBLES ON A NEW 10 BILLION EURO STOCK OFFERING/UKRAINE ULTRA NATIONALISTS BLOCKADE COAL FROM RAIL TRANSPORTATION TO THE REST OF THE COUNTRY/LIBOR RATES IN THE USA RISING
from Harvey Organ:
NO CHANGE IN THE GOLD GLD BUT IN SILVER: TWO WITHDRAWALS: 125,000 OZ AND A HUGE 2.365 MILLION OZ/FINAL DRAFT WITH UPDATES ON CENTRAL FUND OF CANADA AND SPROTT LATE TONIGHT
In silver, the total open interest FELL by ONLY 2543 contracts DOWN to 197,332 with respect to YESTERDAY’S TRADING. In ounces, the OI is still represented by just less THAN 1 BILLION oz i.e. 0.986 BILLION TO BE EXACT or 140% of annual global silver production (ex Russia & ex China).
FOR THE NEW FRONT MARCH MONTH: THEY FILED: 302 NOTICE(S) FOR 1,510,000 OZ OF SILVER
In gold, the total comex gold ROSE BY 3,315 contracts DESPITE THE FALL IN THE PRICE GOLD ($17.00 with YESTERDAY’S trading ).The total gold OI stands at 444,157 contracts.
