SEPT 28/GOLD RISES BY $1.55 TO $1286.00/SILVER UP 3 CENTS/UBS AGREES WITH US THAT THE USA WILL NOT IMPLEMENT ANY MEANINGFUL TAX REFORM/CHINA ORDERS ALL NORTHERN KOREAN COMPANIES AND PERSONNEL OUT…

GOLD: $1286.00 UP $1.55
Silver: $16.82 UP 3 CENT(S)
Closing access prices:
Gold $1287.50
silver: $16.87
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: $1293.84 DOLLARS PER OZ
NY PRICE OF GOLD AT EXACT SAME TIME: $1283.30
PREMIUM FIRST FIX: $9.54 (premiums getting larger)
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SECOND SHANGHAI GOLD FIX: $1291.23
NY GOLD PRICE AT THE EXACT SAME TIME: $1279.90
Premium of Shanghai 2nd fix/NY:$11.32 (PREMIUMS GETTING LARGER)
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LONDON FIRST GOLD FIX: 5:30 am est $1284.30
NY PRICING AT THE EXACT SAME TIME: $1282.30 ???
LONDON SECOND GOLD FIX 10 AM: $1283.35
NY PRICING AT THE EXACT SAME TIME. 1284.00???
For comex gold:
SEPTEMBER/
NOTICES FILINGS TODAY FOR SEPT CONTRACT MONTH: 484 NOTICE(S) FOR 48400 OZ.
TOTAL NOTICES SO FAR: 577 FOR 57700 OZ (1.7947 TONNES)
For silver:
SEPTEMBER
37 NOTICES FILED TODAY FOR
185,000 OZ/
Total number of notices filed so far this month: 6,575 for 32,875,000 oz
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end
Let us have a look at the data for today
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In silver, the total open interest FELL BY 1909 contracts from 186,997 DOWN TO 184,997 WITH THE GOOD SIZED FALL IN PRICE THAT SILVER UNDERTOOK IN YESTERDAY’S TRADING (DOWN 9 CENTS ). AGAIN TODAY, IT SURE LOOKS LIKE WE GOT A SMALL AMOUNT OF BANKER SILVER SHORT COVERING AT THIS WEEK IS OPTIONS EXPIRY ON THE LONDON/OTC MARKET AND WE ALWAYS ON THE RECIPROCAL END OF RAIDS
RESULT: A SMALL FALL IN OI COMEX WITH THE 9 CENT PRICE FALL. IT LOOKS LIKE WE HAD A SMALL AMOUNT OF BANKER SHORTS COVERING. THE BANKERS AGAIN ORCHESTRATE ANOTHER RAID TODAY AND FAILED AGAIN.
In ounces, the OI is still represented by just UNDER 1 BILLION oz i.e. 0.924 BILLION TO BE EXACT or 132% of annual global silver production (ex Russia & ex China).
FOR THE NEW FRONT MAY MONTH/ THEY FILED: 78 NOTICE(S) FOR 390,000 OZ OF SILVER
In gold, the open interest FELL BY A LARGE 9752 CONTRACTS WITH THE FALL in price of gold ($13.65 DROP) WITH YESTERDAY’S COMEX TRADING. The new OI for the gold complex rests at 539,885. WE ARE NOW IN THE MIDDLE OF OPTIONS EXPIRY WEEK SO IT IS NOT A SURPRISE THAT THE CROOKS CONTINUED WITH THEIR RAIDING. THERE IS NO DOUBT THAT THE CONTINUAL RAIDS HAS THE OBJECT OF INTEREST BEING SILVER AND NOT GOLD AS WE STILL WITNESS STUBBORN LONGS REFUSE TO BUDGE FROM THEIR SILVER TREE.
Result: A LARGE SIZED DECREASE IN OI WITH THE GOOD SIZED FALL IN PRICE IN GOLD ($13.65).
we had: 484 notice(s) filed upon for 48400 oz of gold.
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With respect to our two criminal funds, the GLD and the SLV:
GLD: WOW!!
Tonight , NO CHANGES in gold inventory at the GLD:
Inventory rests tonight: 864.65 tonnes.
SLV
Today: a no changes in inventory:
INVENTORY RESTS AT 326.757 MILLION OZ

This post was published at Harvey Organ Blog on September 28, 2017.