Gold Up $26.40/silver Up 41 Cents/china Sells More Usa Treasuries
FOREIGN CENTRAL BANKS SELL 45 BILLION USA TREASURIES/PUERTO RICO BONDS ARE PLUNGING AGAIN/TRUMP RELEASES HIS “SKINNY” BUDGET PROPOSAL WHEREBY FELLOW REPUBLICANS STATE THAT IT IS “DEAD IN THE WATER”
from Harvey Organ:
HUGE SQUABBLE BETWEEN REPUBLICAN MCCANN AND REPUBLICAN RAND PAUL: HOW ON EARTH CAN THESE GUYS PASS ANYTHING???
In silver, the total open interest ROSE by 2,620 contracts UP to 189,556 with respect to YESTERDAY’S TRADING. In ounces, the OI is still represented by just less THAN 1 BILLION oz i.e. 0.948 BILLION TO BE EXACT or 135% of annual global silver production (ex Russia & ex China).
FOR THE NEW FRONT MARCH MONTH: THEY FILED: 154 NOTICE(S) FOR 770,000 OZ OF SILVER
In gold, the total comex gold ROSE BY 4677 contracts EVEN WITH THE FALL IN THE PRICE OF GOLD ($1.80 with YESTERDAY’S TRADING). REMEMBER THAT THE OPEN INTEREST READINGS ARE AT THE CLOSE OF COMEX TRADING YESTERDAY. THE HUGE RISE IN THE PRICE OF THE METALS OCCURRED AT 2 PM AFTER THE COMEX CLOSED. The total gold OI stands at 430,847 contracts.
