Gold Advances By $8.30/silver By 11 Cents And Surpasses Big Resistance At 18 Dollars/open Interest In Silver Rises To 199,000 Plus Contracts
SOUTH KOREA’S COURT ISSUES AN ARREST WARRANT FOR CEO LEE/CITIZENS IN GREECE REMOVING HUGE AMOUNTS OF EUROS AS THEY ARE FRIGHTENED OF THE STALEMATE WITH RESPECT TO THE NEGOTIATIONS WITH EU AND IMF
from Harvey Organ:
MADDOG MATTIS ISSUES ULTIMATUM TO NATO: EITHER SPEND FOR THE DEFENSE OF NATO OR USA WILL PULL FUNDING
In silver, the total open interest ROSE by 3,865 contracts UP to 199,203 with respect to YESTERDAY’S TRADING. In ounces, the OI is still represented by just less THAN 1 BILLION oz i.e. .996 BILLION TO BE EXACT or 142% of annual global silver production (ex Russia & ex China).
FOR THE NEW FRONT FEBRUARY MONTH: THEY FILED: 24 NOTICE(S) FOR 120,000 OZ
In gold, the total comex gold ROSE BY 5,018 contracts WITH THE RISE IN THE PRICE GOLD ($7.80 with YESTERDAY’S trading ).The total gold OI stands at 420,146 contracts
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