Silver Rises By 29 Cents And Was The Standout Today/gold Fell By $1.40/japan’s Central Bank Surprises With More Qe To Lower The 10 Yr Japanese Bond Yield But That Intervention Failed!
THE WAR OF WORDS CONTINUE BETWEEN DONALD TRUMP AND MEXICO’S NIETO/USA 4TH QUARTER GDP GROWS BY ONLY 1.9% AND FOR THE ENTIRE 2016 YEAR AT 1.6%
from Harvey Organ:
In silver, the total open interest surprisingly ROSE by 113 contracts UP to 177,408 with respect to YESTERDAY’S TRADING. In ounces, the OI is still represented by just less THAN 1 BILLION oz i.e. .887 BILLION TO BE EXACT or 126% of annual global silver production (ex Russia & ex China).
FOR THE JANUARY FRONT MONTH IN SILVER: 34 NOTICES FILED FOR 170,000 OZ.
In gold, the total comex gold FELL BY A MONSTROUS 31,636 contracts WITH THE FALL IN THE PRICE GOLD ($7.80 with YESTERDAY’S trading ).The total gold OI stands at 438,856 contracts and a job well done by our crooked bankers.
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