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GOLD AND SILVER STEADY TODAY/GLD LOSES ANOTHER 9.62 TONNES AND YET GOLD REMAINS CONSTANT/EU SOUNDS ALARM BELL IF THE USA PASSES MORE SANCTIONS AGAINST RUSSIA

25-7-2017 < SGT Report 66 269 words
 

IRAN AND USA EXCHANGE HEATED WORDS/FBI SEIZES CRUSHED HARD DRIVES OF THE AWAN BROTHERS AND ALSO RAID FORMER DNC CHAIRWOMAN DEBBIE WASSERMAN SCHULTZ


from Harvey Organ:


In silver, the total open interest ROSE BY 127 contract(s) UP to 206,498 WITH THE RISE IN PRICE THAT SILVER TOOK WITH FRIDAY’S TRADING (UP 11 CENT(S).TODAY WE HAD SPEC SHORTS AND BANKERS WORKING IN CONCERT TRYING TO COVER THEIR SHORTS. THE COT REPORT CONTINUES TO SHOW NEWBIE SPEC GOING SHORT WITH THE ACCOMPANYING COMMERCIALS GOING NET LONG. ON FRIDAY NEW SPEC LONGS ENTERED THE ARENA SMELLING TROUBLE WITH RESPECT TO USA POLITICS. THE BANKERS ARE STILL HAVING AN AWFUL TIME TRYING TO SHAKE THE SILVER LEAVES FROM THE SILVER TREE.


In ounces, the OI is still represented by just OVER 1 BILLION oz i.e. 1.037 BILLION TO BE EXACT or 148% of annual global silver production (ex Russia & ex China).


FOR THE NEW FRONT MAY MONTH/ THEY FILED: 17 NOTICE(S) FOR 85,000 OZ OF SILVER


In gold, the total comex gold FELL BY A MONSTROUS 17,375 CONTRACTS DESPITE THE RISE IN THE PRICE OF GOLD ($8.75 with FRIDAY’S TRADING). The total gold OI stands at 463,798 contracts. WE EITHER HAD MASSIVE SHORT COVERING BY THE BANKERS OR MOST PROBABLY WE HAD A HUGE TRANSFER OF 17,375 EFP’S AS WE ENTER AN ACTIVE GOLD CONTRACT MONTH. HOWEVER THIS WOULD BE VERY EARLY IN THE DELIVERY CYCLE FOR THIS TO HAPPEN. STRANGELY WE DO NOT WITNESS THIS WITH SILVER!!!.


we had 2 notice(s) filed upon for 200 oz of gold.


Read More @ Harveyorganblog.com

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