Gold And Silver Whacked In The Access Market: However Gld Inventory Rises By 2.93 Tonnes To 834.99 Tonnes
SLV ALSO HAS AN ADDITION OF 1.136 MILLION OZ/CHINESE RETAIL SALES PLUMMET SO FAR TO BEGIN THEIR NEW YEAR/THERESA MAY MAY INVOKE ARTICLE 50 AS SHE GETS APPROVAL FROM PARLIAMENT
from Harvey Organ:
ERDOGAN CALLS OFF DEAL WITH EUROPE AND NOW THREATENS TO RELEASE MILLIONS OF MIGRANTS ONTO GREECE AND THEN ONTO OTHER EUROPEAN DESTINATIONS: JUST IN TIME FOR THE DUTCH ELECTIONS!/ TOMORROW 3 BIG EVENTS: 1. DEBT CEILING REACHED OFFICIALLY. 2. FOMC WILL RAISE RATES BY 1/4% /DUTCH ELECTIONS.
In silver, the total open interest ROSE by 229 contracts UP to 188,619 with respect to YESTERDAY’S TRADING. In ounces, the OI is still represented by just less THAN 1 BILLION oz i.e. 0.943 BILLION TO BE EXACT or 134% of annual global silver production (ex Russia & ex China).
FOR THE NEW FRONT MARCH MONTH: THEY FILED: 241 NOTICE(S) FOR 1,205,000 OZ OF SILVER
In gold, the total comex gold ROSE BY A CONSIDERABLE 7,593 contracts EVEN WITH A SMALL PRICE RISE IN GOLD ($1.70 with YESTERDAY’S TRADING) The total gold OI stands at 426,020 contracts. Note the difference between gold and silver.
