MARCH 9/GOLD AND SILVER WHACKED AGAIN/COMEX GOLD OI FALLS BY 6,000 CONTRACTS BUT SILVER OI LOWERS BY ONLY 900 CONTRACTS/GLD LOSES 2.67 TONNES FROM INVENTORY/SLV LOSES 1.137 MILLION OZ/CHINA IN CH…

Gold: $1202.40 down $6.10
Silver: $16.99 down 27 cents
Closing access prices:
Gold $1201.00
silver: $16.97
For comex gold:
MARCH/
NOTICES FILINGS TODAY FOR MARCH CONTRACT MONTH: 10 NOTICE(S) FOR 1000 OZ. TOTAL NOTICES SO FAR: 57 FOR 5700 OZ (0.1772 TONNES)
For silver:
For silver: MARCH
708 NOTICES FILED TODAY FOR 3,540,000 OZ/
Total number of notices filed so far this month: 2613 for 13,065,000
Let us have a look at the data for today
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In silver, the total open interest FELL by ONLY 976 contracts DOWN to 191,422 with respect to YESTERDAY’S TRADING. In ounces, the OI is still represented by just less THAN 1 BILLION oz i.e. 0.957 BILLION TO BE EXACT or 137% of annual global silver production (ex Russia & ex China).
FOR THE NEW FRONT MARCH MONTH: THEY FILED: 708 NOTICE(S) FOR 3,540,000 OZ OF SILVER
In gold, the total comex gold FELL BY A CONSIDERABLE 6.774 contracts WITH ANOTHER FALL IN THE PRICE GOLD ($9.00 with YESTERDAY’S trading ). The total gold OI stands at 427,627 contracts.
we had 10 notice(s) filed upon for 1000 oz of gold.
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With respect to our two criminal funds, the GLD and the SLV:
GLD:

This post was published at Harvey Organ Blog on March 9, 2017.