Dow Falls 98.89/nasdaq Falls 100.53 After Imf Says That The Dollar Is 20% Overvalued And That The Usa Will Experience Tepid Growth
GOLD UP A FRACTION AND SO IS SILVER/SWITZERLAND EXPORTS HUGE AMOUNT OF SILVER INTO CHINA
from Harvey Organ:
EXPORTS HUGE AMOUNTS OF GOLD TO ALL SOURCES/DRAGHI GOES HAWKISH WHICH SENDS THE EURO HIGHER (AND GOLD/SILVER)
In silver, the total open interest SURPRISINGLY FELL BY ONLY 1479 contract(s) DOWN to 203,137 DESPITE THE RAID AND THE FALL IN PRICE OF SILVER THAT TOOK PLACE WITH YESTERDAY’S TRADING (DOWN 7 CENT(S). In ounces, the OI is still represented by just OVER 1 BILLION oz i.e. 1.0150 BILLION TO BE EXACT or 145% of annual global silver production (ex Russia & ex China).
FOR THE NEW FRONT MAY MONTH/ THEY FILED: 2 NOTICE(S) FOR 10,000 OZ OF SILVER
In gold, the total comex gold SURPRISINGLY ROSE BY 214 CONTRACTS DESPITE THE RAID IN THE PRICE OF GOLD ($9.90 with YESTERDAY’S TRADING). The total gold OI stands at 450,301 contracts.
we had 77 notice(s) filed upon for 7,700 oz of gold.
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