sept 18./silver OI rises again/SLV inventory rises another 960,000 oz/

Gold closed down .80 at $1225.70 (comex to comex closing time ). Silver was down 21 cents at $18.45
In the access market tonight at 5:15 pm
gold: $1225.52
silver: $18.52
GLD : no change in tonnes of gold at the GLD (inventory now at 784.22 tonnes)
SLV : another addition of 960,000 oz in silver inventory at the SLV/inventory oz/ rests at 340.449 million oz .
end
the big news from China last night as China unveils its anti rigging benchmark. The futures exchange begins today and will now make the rigging far more difficult for our bankers. The premiums on the price of gold hit 6 to 7 dollars per oz.

This post was published at Harvey Organ on September 18, 2014.