Gold And Silver Whacked As Open Interest In Silver Climbs To 195,000 Contracts/gld Adds Another 4.15 Tonnes To Its Inventory/north Korea Launches A Medium Range Ballistic Missile
NOW IT IS JAPAN’S TURN TO DUMP USA TREASURIES/CHINA STOPS ITS TIGHTENING PROCESS LAST NIGHT AND THAT SENDS ALL BOURSES INTO THE GREEN/GERMAN WHOLESALE PRICES SKYROCKET AND THAT SIGNALS HUGE INFLATION DOWN THE PIKE
from Harvey Organ:
DR DAVID MALPASS NOMINATED BY TRUMP FOR UNDERSECRETARY OF THE TREASURY: HE IS A SOUND MONEY ADVOCATE/NORTH CALIFORNIA’S OROVILLE DAM READY TO BREAK: EVACUATION ORDER SENDS 200,000 PEOPLE FROM THEIR HOMES
In silver, the total open interest ROSE by 2,392 contracts UP to 195,053 with respect to FRIDAY’S TRADING. In ounces, the OI is still represented by just less THAN 1 BILLION oz i.e. .975 BILLION TO BE EXACT or 139% of annual global silver production (ex Russia & ex China).
FOR THE NEW FRONT FEBRUARY MONTH: THEY FILED: 113 NOTICE(S) FOR 565,000 OZ
In gold, the total comex gold FELL BY 6,374 contracts WITH THE FALL IN THE PRICE GOLD ($0.70 with FRIDAY’S trading ).The total gold OI stands at 410,743 contracts
