SILVER OPEN INTEREST HARDLY BUDGES WITH FRIDAY’S PRICE DROP/MANAGED MONEY ACCOUNT (HEDGE FUNDS) SHOW ONLY A TINY DROP IN THEIR COT REPORT FROM FRIDAY/JAPAN CONTEMPLATES CUTTING 18% OF BOND PURCHASES NAMELY BECAUSE THEY ARE RUNNING OUT OF BONDS TO BUY/:THE CBO SCORES TRUMPCARE AND IT IS NOT PRETTY
from Harvey Organ:
In silver, the total open interest FELL by 1158 contracts DOWN to 188,390 with respect to FRIDAY’S TRADING. In ounces, the OI is still represented by just less THAN 1 BILLION oz i.e. 0.9420 BILLION TO BE EXACT or 134% of annual global silver production (ex Russia & ex China).
FOR THE NEW FRONT MARCH MONTH: THEY FILED: 3 NOTICE(S) FOR 15,000 OZ OF SILVER
In gold, the total comex gold FELL BY CONSIDERABLE 7,410 contracts WITH ANOTHER FALL IN THE PRICE GOLD ($1.70 with FRIDAY’S TRADING) The total gold OI stands at 418,427 contracts. Note the difference between gold and silver.