Gold Up $3.80 And Silver Is Up 2 Cents/a Massive 6.81 Tonnes Of Gold Leaves The Gld Despite Gold Rising These Past Few Days
SLV INVENTORY GAINS 1.232 MILLION OZ/OPEN INTEREST ON THE GOLD AND SILVER COMEX HARDLY BUDGE WITH THE RISE IN PRICE ON FRIDAY/NORTH KOREA IS ONE STEP CLOSER TO A ICBM
from Harvey Organ:
CHINA TRIES TO SAVE FACE WITH RESPECT TO THE MEETING OF REX TILLERSON AND XI/ USA TRIES TO ENCOURAGE THE IMF TO WALK AWAY FROM GREECE/DEUTSCHE BANK STOCK PLUMMETS WITH A HUGE DILUTION OF 35%/ DB GUIDES LOWER/THE EU HAS A NEW PLAN TO SAVE ITALIAN BANKS: A EUROPE WIDE BAD BANK/UK TO TRIGGER ARTICLE 50 ON MARCH 29
In silver, the total open interest SURPRISINGLY FELL BY 467 contracts DOWN to 186,523 despite the RISE IN PRICE ( 9 CENTS) WITH RESPECT TO FRIDAY’S TRADING. In ounces, the OI is still represented by just less THAN 1 BILLION oz i.e. 0.931 BILLION TO BE EXACT or 133% of annual global silver production (ex Russia & ex China).
FOR THE NEW FRONT MARCH MONTH: THEY FILED: 0 NOTICE(S) FOR NIL OZ OF SILVER
In gold, the total comex gold also ROSE BY 3,573 contracts WITH THE RISE IN THE PRICE OF GOLD ($3.30 with FRIDAY’S TRADING). The total gold OI stands at 431,292 contracts.
