Good evening Ladies and Gentlemen:
Gold: $1,364.80 UP $8.40 (comex closing time)
Silver 20.16 UP 29 cents
In the access market 5:15 pm
Gold: 1363.00
Silver: 20.07
And now for the July contract month
For the July gold contract month, we had 4 notices served upon for 400 ounces. The total number of notices filed so far for delivery: 4023 for 402,300 oz or 12.51 tonnes
In silver we had 165 notices served upon for 825,000 oz. The total number of notices filed so far this month for delivery: 847 for 4,235,000 oz
Let us have a look at the data for today.
Several months ago the comex had 303 tonnes of total gold. Today, the total inventory rests at 293.802 tonnes for a loss of 9 tonnes over that period
xxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxx
In silver, the total open interest fell by a considerable 3321 contracts down to 211,347, AND STILL CLOSE TO AN ALL TIME RECORD. THE OI FELL DESPITE THE FACT THAT THE PRICE OF SILVER GALLOPED HIGHER BY 33 CENTS IN TUESDAY’S TRADING. In ounces, the OI is still represented by just over 1 BILLION oz i.e. 1.055 BILLION TO BE EXACT or 151% of annual global silver production (ex Russia &ex China).
In silver we had 165 notices served upon for 825,000 oz.
In gold, the total comex gold ROSE BY A WHOPPING 12,156 contracts with gold’s RISE in price YESTERDAY to the tune of $19.70. iT IS FASCINATING THAT THE BANKERS ARE REFUSING TO SUPPLY MUCH OF NEW SILVER COMEX PAPER AS THEY KNOW SOMETHING IS UP!
xxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxx
With respect to our two criminal funds, the GLD and the SLV:
WHAT A MOCKERY!
GLD
WHAT!!!! we had A GIGANTIC DEPOSIT OF 28.53 TONNES in gold inventory./
Total gold inventory rest tonight at: 982.44 tonnes
SLV
A MASSIVE 7.909 MILLION OZ ADDED IN SILVER INVENTORY TO THE SLV
Inventory rests at 341.453 million oz.
First, here is an outline of what will be discussed tonight:
This post was published at Harvey Organ Blog on July 6, 2016.
Follow on Twitter
Recent Comments