A HUGE 1.77 TONNES OF GOLD ADDED TO THE GLD AND A MONSTROUS 11.231 MILLION OZ OF “SILVER” WITHDRAWN FROM THE SLV/BANK OF ENGLAND CAUGHT IN LIBOR SCANDAL AS AUTHORIZING IT

BANK OF ENGLAND LIED TO BRITISH PARLIAMENT (PERJURY)/SILVER;S OPEN INTEREST RISES A TOUCH DESPITE THE WHACKING IN PRICE ON FRIDAY

from Harvey Organ:

CHINA DEPLOYS 150,000 TROOPS ON NORTH KOREAN BORDER/USA CARRIER HEADING TOWARD NORTH KOREA/ RUSSIA AND IRAN WARN THAT ANY NEW AGGRESSION WILL BE MET WITH FORCE: ALL OF THE ABOVE GOOD REASON FOR GOLD/SILVER TO BE WHACKED AGAIN

In silver, the total open interest ROSE BY 5 contracts up to 221,867 DESPITE THE PRICE FALL ( 10 CENTS) WITH RESPECT TO FRIDAY’S TRADING. THE HEDGE FUNDS (MANAGED MONEY) CONTINUES TO SLOWLY ADD TO THEIR POSITIONS WITH THE BANKERS TRYING TO COVER THEIR EVER BURGEONING SHORTS (OVER 555 MILLION OZ) BUT TO NO AVAIL. In ounces, the OI is still represented by just OVER 1 BILLION oz i.e. 1.110 BILLION TO BE EXACT or 159% of annual global silver production (ex Russia & ex China).

FOR THE NEW FRONT MARCH MONTH/ THEY FILED: 0 NOTICE(S) FOR NIL OZ OF SILVER

In gold, the total comex gold also ROSE BY 6,005 contracts WITH THE RISE IN THE PRICE OF GOLD ($4.00 with FRIDAY’S TRADING). The total gold OI stands at 434,800 contracts.

Read More @ Harveyorganblog.com

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Author: MM

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