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ANOTHER RAID ON GOLD AND SILVER ESPECIALLY AFTER FOMC STATEMENT/THE AMT OF SILVER STANDING AT THE COMEX IN MAY HAS INCREASED AGAIN AND NOW STANDS AT OVER 19 MILLION OZ
USA SENDS A MESSAGE TO NORTH KOREA WITH THE LAUNCHING OF THE MINUTEMAN III/CHINA GIVES ONE LAST ULTIMATUM TO NORTH KOREA/NORTH KOREA REBUKES CHINA FOR “THEIR BETRAYAL”
from Harvey Organ:
UK IS UNDERSTANDABLY UPSET AT THE 100 BILLION EURO DIVORCE BILL HANDED TO THEM/PUERTO RICO OFFICIALLY SEEKS BANKRUPTCY PROTECTION AND MAY HAVE TO LIQUIDATE ASSETS/FOMC HIGHLIGHTS
In silver, the total open interest FELL BY 4883 contracts DOWN to 189,240 WITH THE SLIGHT RISE IN PRICE ( 1 CENT) SILVER TOOK WITH RESPECT TO YESTERDAY’S TRADING. As you will see below, we must have had considerable considerable covering of banker shorts yesterday. In ounces, the OI is still represented by just UNDER 1 BILLION oz i.e. 0.946 BILLION TO BE EXACT or 135% of annual global silver production (ex Russia & ex China).
FOR THE NEW FRONT MAY MONTH/ THEY FILED: 313 NOTICE(S) FOR 1,565,000 OZ OF SILVER
In gold, the total comex gold FELL BY 3431 contracts DESPITE THE RISE IN THE PRICE OF GOLD ($1.80 with YESTERDAY’S TRADING). The total gold OI stands at 461,905 contracts.
