Offshore Chinese Yuan Comes Close To 7.00; Finishes At 6.9670/gold And Silver Rise Again For The 4th Straight Day/obama Set To Put Sanctions On Russia For Their “election Hacking”
TURKEY CONTINUAL SHUNS THE WEST AND AGREES WITH CEASEFIRE PROPOSALS WITH RESPECT TO SYRIA/GRANT WILLIAMS ON WHAT IS GOING ON BEHIND ON SCENES ON THE INCREASED ACCUMULATION OF GOLD BY RUSSIA
from Harvey Organ:
In silver, the total open interest ROSE by 1144 contracts UP to 163,097 with respect to YESTERDAY’S TRADING. In ounces, the OI is still represented by just less THAN 1 BILLION oz i.e. .816 BILLION TO BE EXACT or 117% of annual global silver production (ex Russia & ex China).
FOR THE DECEMBER FRONT MONTH: 19 NOTICES FILED FOR 95,000 OZ.
In gold, the total comex gold FELL BY 5,822 contracts DESPITE A RISE IN THE PRICE GOLD ($5.40 with YESTERDAY’S trading ).The total gold OI stands at 401,513 contracts. We are very close to the bottom with respect to OI. Generally 390,000 should do it.
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