Bankers Supply $2 Billion In Paper Gold Short At 4 Am This Morning; They Also Supply 27.5 Million Oz Of Silver Short In Order To Raid Prior To Options Expiry O The Comex

TWO ITALIAN BANKS FAIL AND THEY ARE RESCUED AS A BAIL OUT NOT A BAIL IN AS ITALIAN TAXPAYERS WILL HAVE TO FORK OVER MONEY

from Harvey Organ:

In silver, the total open interest SURPRISINGLY FELL BY 1,254 contract(s) DOWN to 204616 WITH THE RISE IN PRICE OF SILVER THAT TOOK PLACE WITH FRIDAY’S TRADING (UP 8 CENT(S). In ounces, the OI is still represented by just OVER 1 BILLION oz i.e. 1.0230 BILLION TO BE EXACT or 146% of annual global silver production (ex Russia & ex China).

FOR THE NEW FRONT MAY MONTH/ THEY FILED: 0 NOTICE(S) FOR nil OZ OF SILVER

In gold, the total comex gold SURPRISINGLY FELL BY A CONSIDERABLE 2,426 CONTRACTS DESPITE THE RISE IN PRICE OF GOLD ($7.60 with FRIDAY’S TRADING). The total gold OI stands at 450,301 contracts.

we had 103 notice(s) filed upon for 10,300 oz of gold.

Read More @ Harveyorganblog.com