by Harvey Organ, Harvey Organ Blog:
RAID ON GOLD AND SILVER AS WE START OPTIONS EXPIRY WEEK: GOLD DOWN $28.00 TO $1865.00//SILVER DOWN $1.41 TO $23.00// HUGE INCREASE IN GOLD TONNAGE AT THE COMEX UP TO 14.9 TONNES/54.8 MILLION OZ OF SILVER STANDING FOR DELIVERY//HUGE OI FOR OCTOBER GOLD//JPMORGAN TO PLEAD GUILTY (CRIMINALLY) AND PAY A 1 BILLION DOLLAR FINE TO CFTC/JUSTICE;;AND NOW CLASS ACTION SUITS WILL COMMENCE//FED PLANNING ON GIVING EACH USA CITIZENS DIGITAL MONEY??: IS THIS THEIR END GAME?//CORONAVIRUS UPDATES//SWAMP STORIES FOR YOU TONIGHT
GOLD:$1865.00 DOWN $28.00 The quote is London spot price
Silver:$23.00 DOWN $1.41 London spot price ( cash market)
Today there is no doubt that the official sector came into the fray assisted by the soon to be criminal JPMorgan et al. Generally one week prior to first day notice the spreaders begin their criminal liquidation with the CFTC continually turning a blind eye to this activity. However on the positive side of things, October comex refuses to buckle in numbers and no doubt that a major entity is standing for delivery. You can also bet the farm that options in the money on the October contract month will also be exercised and they will also turn that option into real metal.
comex option expiry FRIDAY: Sept 25
LBMA/OTC options expiry: Sept 30
It is going to be an interesting week…
your data…
Closing access prices: London spot
i)Gold : $1861.40 LONDON SPOT 4:30 pm
ii)SILVER: $22,80//LONDON SPOT 4:30 pm
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