GOLD: $1246.00 UP $3.50
Silver: $16.38 UP 5 cent(s)
Closing access prices:
Gold $1245.00
silver: $16.36
SHANGHAI GOLD FIX: FIRST FIX 10 15 PM EST (2:15 SHANGHAI LOCAL TIME)
SECOND FIX: 2:15 AM EST (6:15 SHANGHAI LOCAL TIME)
SHANGHAI FIRST GOLD FIX: $1247.75 DOLLARS PER OZ
NY PRICE OF GOLD AT EXACT SAME TIME: $1239.50
PREMIUM FIRST FIX: $8.25
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SECOND SHANGHAI GOLD FIX: $1246.52
NY GOLD PRICE AT THE EXACT SAME TIME: $1238.10
Premium of Shanghai 2nd fix/NY:$8.42
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LONDON FIRST GOLD FIX: 5:30 am est $1236.55
NY PRICING AT THE EXACT SAME TIME: $1237.70
LONDON SECOND GOLD FIX 10 AM: $1238.70
NY PRICING AT THE EXACT SAME TIME. $1239.15
For comex gold:
JULY/
NOTICES FILINGS TODAY FOR APRIL CONTRACT MONTH: 0 NOTICE(S) FOR NIL OZ.
TOTAL NOTICES SO FAR: 149 FOR 14900 OZ (.4634 TONNES)
For silver:
JULY
34 NOTICES FILED TODAY FOR
170,000 OZ/
Total number of notices filed so far this month: 2956 for 14,780,000 oz
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end
The key event today was the revelation that Mueller is probing Trump’s business interests around the globe. That sparked gold and silver to rebound after the bankers had targeted our precious metals to the dumpster today. That plan was foiled with the Mueller news.
I would really like you to read the Stockman commentary at the bottom of my commentary. It is a must read..
Let us have a look at the data for today
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In silver, the total open interest FELL BY 1845 contract(s) DOWN to 207,844 DESPITE THE TINY RISE IN PRICE THAT SILVER TOOK WITH YESTERDAY’S TRADING (UP 4 CENT(S). TODAY WE HAD NEW SPECULATOR LONGS ENTER THE MARKET WITH THE BANKERS SUPPLYING THE NECESSARY PAPER. THE BANKERS ARE HAVING AN AWFUL TIME TRYING TO SHAKE THE SILVER LEAVES FROM THE SILVER TREE. HOWEVER SOME SILVER LONGS DID DEPART
In ounces, the OI is still represented by just OVER 1 BILLION oz i.e. 1.061 BILLION TO BE EXACT or 152% of annual global silver production (ex Russia & ex China).
FOR THE NEW FRONT MAY MONTH/ THEY FILED: 34 NOTICE(S) FOR 170,000 OZ OF SILVER
In gold, the total comex gold FELL BY 2948 CONTRACTS DESPITE THE RISE IN THE PRICE OF GOLD ($0.50 with YESTERDAY’S TRADING). The total gold OI stands at 481,256 contracts. THE BANKERS ARE STILL LOATHE TO SUPPLY THE GOLD PAPER AND WISH TO COVER MORE OF THEIR SHORTS. SOME NEWBIE SPEC LONGS STARTED TO ENTER THE GOLD COMEX ARENA AGAIN. THE PLETHORA OF DATA RELEASED ON FRIDAY SHOWING RETAIL SPENDING BASICALLY COLLAPSING ALONG WITH SMALLER INFLATION NUMBERS MUST BE SCARING OUR BANKERS TO DEATH.
we had 0 notice(s) filed upon for NIL oz of gold.
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With respect to our two criminal funds, the GLD and the SLV:
GLD:
Today no changes in gold inventory
Inventory rests tonight: 816.13 tonnes
for 5 consecutive days, gold rises appreciably and yet gold inventory drops at the GLD
(In the last 5 days gold rises $27.70 and yet GLD inventory collapses by 16.26 tonnes)
GLD IS A MASSIVE FRAUD/INVENTORY SHOULD BE RISING NOT FALLING.
SLV
Today: : WE HAD A HUGE CHANGES IN SILVER INVENTORY TONIGHT/A WITHDRAWAL OF 945,000 OZ WITH SILVER UP AGAIN BY 5 CENTS
INVENTORY RESTS AT 347.121 MILLION OZ
This post was published at Harvey Organ Blog on July 20, 2017.
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