Harvey Organ suspects MASSIVE short covering by the bankers – Mentions short covering not yet happening in silver. Are we seeing that short covering this morning in silver as shown by the pop and stout resilience after two pre-market attacks? It does appear the rare yet bullish Loch Ness Monster trade is spotted…
POOR CPI NUMBERS COUPLED WITH POOR RETAIL SALES SENDS GOLD AND SILVER NORTHBOUND WITH THE DOLLAR SINKING…
TRUMP JR’S EMAIL SPARKS GOLD RECOVERY AS WELL AS SILVER/AGAIN MASSIVE VOLUME IN SILVER AT THE COMEX…
CHINA IS HAPPY TODAY…
Silver Open Interest Surges DESPITE THE DRUBBING IN PRICE THAT SILVER TOOK THESE PAST FEW WEEKS:
In silver, the total open interest SURPRISINGLY FELL BY ONLY 1858 contract(s) DOWN to 202,779 DESPITE THE THE SLIGHT RISE IN PRICE OF SILVER THAT TOOK PLACE WITH YESTERDAY’S TRADING. BUT MORE IMPORTANTLY WE HAVE NOT WITNESSED ANY OBLITERATION OF OPEN INTEREST AS WE ARE ABOUT TO ENTER FIRST DAY NOTICE IN THE ACTIVE SILVER COMEX MONTH OF JULY…
**PROBABLE RAID IN GOLD AND SILVER PRICES TOMORROW PRIOR TO OPTIONS EXPIRY**
This should be the catalyst to explode the price of gold and silver….
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 AT THE COMEX
It seems that silver OI is static..the bankers are having a tough time trying to knock off the silver leaves from the silver tree.
Harvey Organ Joins Us to Issue A Warning On the Markets This Fall:
“This Thing is Going Down in September…”
The bankers were probably expecting even more gold leaves to fall from the gold tree with the raid yesterday. An open interest of around 390,000 to 400,000 is core and nothing will move these guys from their contracts.
THE LONGS REFUSED A FIAT BONUS: THEY WANT THEIR PHYSICAL SILVER.
You could see a raid coming in the afternoon:
ANOTHER WHACKING OF GOLD!
4 BILLION DOLLARS WORTH OF PAPER GOLD FLOOD THE COMEX.
Silver held on quite nicely today with the avalanche of paper supplied on both gold and silver:
GOLD AND SILVER HELD IN CHECK BY THE BANKERS: GOLD DOWN $4.30 AND SILVER DOWN 9 CENTS BUT THEN THEY WERE WHACKED IN THE ACCESS MARKET:
This is what the future holds. Why should I write words.
Get into the cellar as fast as you can!
The amount standing for the silver metal again rose in similar fashion to what we witnessed last month and also in April. We certainly have a determined entity trying to get its hands on whatever silver is available.