Harvey Organ: Bankers Execute Another Raid

And now for the July contract month

For the July gold contract month,  we had  20 notices served upon for 2000 ounces.  The total number of notices filed so far for delivery:  4043 for 404,300 oz or 12.575 tonnes

In silver we had 91 notices served upon for 455,000 oz.  The total number of notices filed so far this month for delivery:  938 for 4,690,000 oz

Tomorrow is the jobs report and you know that our clowns always monkey hammer gold/silver around the report.  So beware.

Today the UK had more problems with its property funds as domino no 7, 8 and 9 were gated.  Also European banks especially Monte dei Paschi and Deutsche bank are in severe trouble.

Let us have a look at the data for today

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Several months ago the comex had 303 tonnes of total gold. Today, the total inventory rests at 293.802 tonnes for a loss of 9 tonnes over that period
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In silver, the total open interest fell by a considerable 1892 contracts down to 209,455, AND STILL CLOSE TO AN  ALL TIME RECORD. THE OI FELL DESPITE THE FACT THAT THE  PRICE OF SILVER GALLOPED HIGHER BY 29 CENTS INWEDNESDAY’S TRADING.In ounces, the OI is still represented by just over 1 BILLION oz i.e. 1.047 BILLION TO BE EXACT or 149% of annual global silver production (ex Russia &ex China).

In silver we had 91 notices served upon for 455,000 oz.

In gold, the total comex gold ROSE BY A CONSIDERABLE  3031 contracts with gold’s RISE in price YESTERDAY to the tune of $8.40. The total gold OI stands at 656,002 contracts, a new all time record.

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With respect to our two criminal funds, the GLD and the SLV:

GLD

we had A GOOD SIZED WITHDRAWAL OF 4.15 TONNES in gold inventory./
Total gold inventory rest tonight at: 978.29 tonnes
do not worry! this was nothing but a paper entry (withdrawal)

SLV

 NO CHANGE IN SILVER INVENTORY TO THE SLV

Inventory rests at 341.453 million oz.