Harvey Organ Bombshell: It Looks Like CHINA IS STANDING FOR GOLD!


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China goldIn 5 days a total of 11,765 notices have been filed for 1,176,500 oz or 36.59 tonnes of June Gold COMEX Delivery. WHAT IS MORE FASCINATING WAS THE FRONT JUNE MONTH  INCREASED IN NET OI BY 678  CONTRACTS ON THURSDAY.  ON FRIDAY IT INCREASED BY 78 CONTRACTS OR 7,800 OZ,  AND TODAY IT INCREASED BY 264 CONTRACTS OR 26,400 OZ.
THE ENTITY STANDING DOES NOT WANT FIAT, AND IT SURE LOOKS LIKE A SOVEREIGN (CHINA) IS STANDING FOR GOLD…

 

JUNE 6/AMT STANDING FOR GOLD IN JUNE RISES AGAIN TO 48.11 TONNES/SILVER INVENTORY AT THE SLV DOWN TO ONLY 23 MILLION OZ IN THE REGISTERED (DEALER ) CATEGORY/TWO MORE POLS PUT THE BREXIT GROUP LARGELY IN THE LEAD

Silver Eagle SD Bullion

Good evening Ladies and Gentlemen:

Gold:  $1,244.60 UP $4.50    (comex closing time)

Silver 16.42  up 8 cents

In the access market 5:15 pm

Gold $1245.20

silver:  16.45

i) the June gold contract is an active contract and the second biggest delivery month of the year following December. Friday night, the bankers first day delivery issuance to our longs to be settled on June 1 was huge: the number was  3,508 gold notices for 350,800 oz or 10.9 tonnes of gold. On day two, we had another huge number of gold notices filed at 2281 for 228100 oz or 7.09 tonnes of gold.

On day 3,THURSDAY, we had another whopper of 1969 notices for 196,900 oz or 6.12 tonnes.

FRIDAY, saw another huge 1026 notices filed for 102600 oz (3.19 tonnes). Then on Friday night we had a whopping 2981 notices filed for Monday totaling 2981 contracts for 298,100 oz.

Thus in 5 days a total of 11,765 notices have been filed for 1,176,500 oz or 36.59 tonnes. WHAT IS MORE FASCINATING WAS THE FRONT JUNE MONTH  INCREASED IN NET OI BY 678  CONTRACTS ON THURSDAY(67,800 OZ).  ON FRIDAY IT INCREASED BY 78 CONTRACTS OR 7800 OZ AND TODAY IT INCREASED BY 264 CONTRACTS OR 26400 OZ. THE ENTITY STANDING DOES NOT WANT FIAT AND IT SURE LOOKS LIKE A SOVEREIGN (CHINA) IS STANDING FOR GOLD.

 
 

Let us have a look at the data for today

.

Several months ago the comex had 303 tonnes of total gold. Today, the total inventory rests at 269.211 tonnes for a loss of 34 tonnes over that period

 

In silver, the total open interest FELL by 697 contracts DOWN to 194,908 DESPITE THE FACT THAT THE PRICE OF SILVER WAS UP by 34 cents with respect to FRIDAY’S trading.In ounces, the OI is still represented by just under 1 BILLION oz i.e. 0.974 BILLION TO BE EXACT or 139% of annual global silver production (ex Russia &ex China)

In silver we had 0 notices served upon for nil oz.

In gold, the total comex gold OI ROSE by a CONSIDERABLE 15,163 contracts UP to 496,259 as the price of gold was UP $30.30 withFRIDAY’S trading(at comex closing).

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

 

WITH RESPECT TO GLD

We had no changes in inventory at the GLD/Inventory rests at  881.44 tonnes

 

And now for SLV

We had no changes in inventory at the SLV/Inventory/Tonight it rests  at 337.299 million oz.

 

Both the GLD and SLV are massive frauds as they have no metal behind them!

.

First, here is an outline of what will be discussed tonight:

1. Today, we had the open interest in silver FALL by 697 contracts DOWN to 194,908 as the price of silver was UP by 34 cents with FRIDAY’Strading. The gold open interest ROSE by 15,163 contracts UP to 496,259 as gold was UP $30.30.90 ON  FRIDAY.

(report Harvey).

 

2 a) Gold trading overnight, Goldcore

(Mark OByrne/

2b)  Gold trading earlier this morning;

(Mark OByrne and zero hedge)  OFF TODAY

 

 

(Harvey)

3. ASIAN AFFAIRS

i)Late  SUNDAY night/ MONDAY morning: Shanghai closed DOWN  BY 4.58 PTS OR 0.16% /Hang Sang closed UP 82.98 OR 0.40%. The Nikkei closed DOWN 62.20 POINTS OR 0.37% Australia’s all ordinaires  CLOSED UP 0.78% Chinese yuan (ONSHORE) closed UP at 6.5669 Oil FELL to 49.09 dollars per barrel for WTI and 50.16 for Brent. Stocks in Europe MIXED . Offshore yuan trades  6.5706 yuan to the dollar vs 6.5669 for onshore yuan.THE SPREAD BETWEEN ONSHORE AND OFFSHORE NARROWS) 

REPORT ON JAPAN  SOUTH KOREA AND CHINA

a) REPORT ON JAPAN

Hawkish member of the Bank of Japan, Takehiro Sato has just warned that Japan can face a shock similar to that experienced in 20003 with a collapsing bond market. He is worried about Japanese banks who have piled into Japanese 10 yr bonds despite a negative yield. Many financial institutions have bought 30 yr bonds seeking a positive yield.  Once Japan runs out of room to buy additional bonds in 2017, the rise in yields will bankrupt the banks.

( zero hedge)

b) REPORT ON CHINA

Goldman Sachs author Tang, discovers that the real figure for  Chinese Debt outstanding is far greater than anyone thought.  My using “money” instead of credit, he finds that last yr equiv of $3.8 trillion USA was issued approximately $.92 trillion grater than thought.

( zero hedge)

4. EUROPEAN AFFAIRS

Ai)Last night a new ITV poll was released and it downed that 45% of the voters seek a BREXIT and only 41% a BREMAIN. The pound tumbled from the 1.45 handle down into the 1.43 level.If UK leaves the EU, gold will certainly see a huge beneficiary!

( zero hedge)

Aii)Both sides go ballistic as Brexit odds hit record highs
(courtesy zero hedge)

 

ii)The Swiss voters got it right:  in a landslide vote 77% voted to reject helicopter money

( zero hedge)
 

iii)It is not just the USA that is seeing anti establishment parties win elections. In Italy the 5 star candidate takes the lead in the big mayoralty election in Rome:( zero hedge)

5.RUSSIAN AND MIDDLE EASTERN AFFAIRS

none today

6.GLOBAL ISSUES

none today.

7.OIL ISSUES

A good description of what is going to happen in the oil markets once Libya, Canada and Nigeria get their oil back on stream:

( Rakesh Upadhyay/OilPrice.com)

8.EMERGING MARKETS

VENEZUELA

i)Not good:  the Venezuela national guard now assaults members of the press covering the story on the devastation inside Venezuela

( zero hedge)

 

ii)Michael Snyder gives his 8 lessons of what we can learn from the complete Venezuelan meltdown:

( Michael Snyder)

BRAZIL

Trouble for the new leader of Brazil! Temer convicted of breaking election laws. Thousnads March for democracy in Brazil

( Common Dream/Knight)

 

9. PHYSICAL MARKETS

i)An extremely important interview of Andre Maguire. Andrew is seeing things at the LBMA similar to what I am witnessing at the comex:  basically they are out of gold/silver.He also states that the government in China has gone to the airwaves to tell citizens to buy gold. He is of the opinion that China has now put a floor on the price of gold and the resetting of the price higher is to occur shortly

( Kingworldnews/Andrew Maguire/GATA)

ii)The LBMA is supplying gold and silver data that is full of mistkaes.  Did you expect anything less?

( Ronan Manly/BullionStar)

iii)This is also a must read.  Greyerz indicates the true picture of the job numbers and it was awful.  If you include the 244,000 fictitious jobs created through the B/D plug and the 484,000 poor souls who left the job scene because there was not a job for them, then the total number of full time workers who do not have a job increased to 690,000

a must read..

( Von Greyerz/Kingworldnews)

USA STORIES WHICH MAY INFLUENCE THE PRICE OF GOLD/SILVER

i)Fixed income bond fund, Pine River is closing down and returning 1.6 billion dollars to customers as it cannot make money:

( zero hedge)

ii)Let’s close with this great piece from David Stockman who mocks Janet Yellen’s speech in Philadelphia today:

(courtesy David Stockman/ContraCORNER/)

 

Let us head over to the comex:

The total gold comex open interest ROSE to an OI level of 496,259 for a GAIN of 15,163 contracts AS THE PRICE OF GOLD WAS UP $30.30 with respect to FRIDAY’S TRADING.  WE HAVE ENTERED THE SECOND BIGGEST DELIVERY MONTH OF THE YEARTHAT IS JUNE, A VERY ACTIVE MONTH. For the past two years, we have strangely witnessed two interesting developments and we have generally seen two phenomena happen respect to the gold open interest:  1) total gold comex collapses in OI as we enter any delivery month  and 2) a continual drop in the amount of gold standing in that month as that month progresses. IN THE MONTH OF MAY THE LATER HAD STOPPED. DURING THE MAY WE DID WITNESS A GRADUAL RISE IN AMOUNT STANDING AND THE AMOUNT STANDING AT THE CONCLUSION OF THE MONTH FINISHED AT ITS ZENITH..  IN JUNE, ON FIRST DAY NOTICE WE HAVE CERTAINLY WITNESSED THE FORMER, A HUGE LOSS OF TOTAL OPEN INTEREST CONTRACTS FOR THE ENTIRE GOLD COMEX COMPLEX . IN A VERY SURPRISING TURN OF EVENTS  AGAIN TODAY, THE JUNE OPEN INTEREST ROSE WHICH CERTAINLY SUGGESTS A MAJOR ENTITY IS STANDING AND MOSTLY LIKELY A SOVEREIGN LIKE CHINA

The FRONT gold contract month of June saw it’s OI fall to 6683 for a loss of 762 contracts. We had 1026 notices filed on Friday, so we GAINED AGAIN 264 contracts or 26400 additional oz standing FOR METAL. The next active contract month is July and here we saw it’s OI FALL by 285 contracts DOWN to 2380. The next big active contract month is August and here the OI ROSE by 12,835 contracts UP to 358,270. The estimated volume today (which is just comex sales during regular business hours of 8:20 until 1:30 pm est) was POOR at 170,321. The confirmed volume  yesterday (which includes the volume during regular business hours + access market sales the previous day was very good at 256,834 contracts. The comex is not in backwardation.

Today we had a another monstrous 2981 notices filed for 298,100 oz in gold.(9.27 tonnes)

 

And now for the wild silver comex results. Silver OI FELL by 697 contracts from 195,605 DOWN to 194,908 DESPITE THE FACT THAT the price of silver was UP BY 34 cents with FRIDAY’S TRADING. The front month of June saw it’s OI fall by 1 contract down to 348. We had 0 notices filed yesterday, so we lost only 1  contract or 5,000 additional oz that will not stand for delivery. The next big delivery month is July and here the OI fell by 1,259 contracts DOWN to 119,391. The volume on the comex today (just comex) came in at 49,488 which IS VERY GOOD. The confirmed volume YESTERDAY (comex + globex) was huge at 67,994. Silver is not in backwardation . London is in backwardation for several months.
 
 
 
We had 0 notices filed for nil oz.
 

JUNE contract month:

INITIAL standings for JUNE

 

570x400_Demandforce_IntroducingSilverbug.jpg
570x400_Demandforce_AlyxAntiqued.jpgNumbered Rim, Only 2,500 Minted!

June 6.
Gold
Ounces
Withdrawals from Dealers Inventory in oz   1400.01 OZBRINKS
Withdrawals from Customer Inventory in oz  nil  70,081.110ozHSBC, MANFRA

INCLUDES 7 KILOBARS
Deposits to the Dealer Inventory in oz NIL OZ 
Deposits to the Customer Inventory, in oz    67,128.317 OZDELAWARE

JPM

 
No of oz served (contracts) today 2981 contracts
(298,100 oz)
No of oz to be served (notices) 3702 contracts370,200 oz
Total monthly oz gold served (contracts) so far this month 11,765 contracts (1,176,500 oz)(36.59 TONNES SO FAR)
Total accumulative withdrawals  of gold from the Dealers inventory this month   1400.01 OZ
Total accumulative withdrawal of gold from the Customer inventory this month  82,125.6 OZ
HUGE ACTIVITY AGAIN INSIDE THE GOLD COMEX TODAY

Today we had 0 dealer withdrawal

 

total dealer deposit:  NIL 0z

Today we had 0 dealer withdrawals:

total dealer withdrawals:  nil oz

 

Today we had 2 customer deposits:

i) Into DELAWARE: 3,573.822 oz

ii) Into JPMORGAN: 63,554.595 OZ

 

Total customer deposits;  67,128.317 OZ

Today we had 2 customer withdrawals:

I) OUT OF MANFRA:  225.05 OZ

II) OUT OF SCOTIA 70,081.110  (since Scotia did not receive this from anybody I will not account for it as a settlement)

total customer withdrawals:  70,306.16 OZ

 
 

Today we had 2 adjustments and they were dandies!

First adjustment:

AT the MANFRA facility: (INTO DEALER ACCT)

We had another 48,225.000 oz leave the customer and enter the dealer account at Manfra.

1500 KILOBARS)

AT the HSBC facility: (INTO DEALER ACCT)

we had 63,996.702oz leave the customer account and enter the dealer account at HSBC

Total amount entering the dealer:112,221.702 oz or 3.49 tonnes

 

Net to the dealer account: 3.49 tonnes

 
Today, 0 notices was issued from JPMorgan dealer account and 0 notices were issued from their client or customer account. The total of all issuance by all participants equates to 2981 contracts of which 1292 notices was stopped (received) by JPMorgan dealer and 872 notices was stopped (received)  by JPMorgan customer account. 
 
To calculate the initial total number of gold ounces standing for the JUNE contract month, we take the total number of notices filed so far for the month (11,765) x 100 oz  or 1,176,500 oz , to which we  add the difference between the open interest for the front month of JUNE (6683 CONTRACTS) minus the number of notices served upon today (2981) x 100 oz   x 100 oz per contract equals 1,546,700 oz, the number of ounces standing in this active month.  This number is EXTREMELY huge for JUNE.  THE AMOUNT STANDING FOR GOLD IN MAY HELD THROUGHOUT THE MONTH AND ACTUALLY INCREASED AS THE MONTH PROCEEDED. AND IT SURE LOOKS LIKE IT WILL HAPPEN AGAIN IN JUNE.  THE BANKERS JUST RECEIVED THEIR MINSKY MOMENT!! 
 
Thus the INITIAL standings for gold for the JUNE. contract month:
No of notices served so far (11,765) x 100 oz  or ounces + {OI for the front month (6683) minus the number of  notices served upon today (2981) x 100 oz which equals 1,564,700 oz standing in this   active delivery month of JUNE (48.11 tonnes).
WE GAINED 264 CONTRACTS OR AN ADDITIONAL 26,400 OZ  IS STANDING FOR THE PHYSICAL GOLD.
 
 
 
 
 
Since the comex allows GLD shares to be used for settling, it may take quite a while for the physical gold to enter the comex vaults.  So far I have seen little evidence of any settling of contracts but I will continue to monitor it for you. 
 
We thus have 48.11 tonnes of gold standing for JUNE and 50.61 tonnes of registered gold for sale, waiting to serve upon those standing.  The bankers are still doing their best in cash settling as there is not enough registered gold to satisfy those that are standing.
 
We now have partial evidence of gold settling for last months deliveries We now have 6.889 TONNES FOR MAY + 48.11 TONNES FOR JUNE + 12.3917 tonnes (April) +2.2311 tonnes (March) + 7.99 (total Feb)- .940 (probable delivery on March 1) tonnes -.0434 tonnes (March 11,12,17,18) + March 31: 1.2470 and then  April 1,2: – .0006 tonnes  and last week April 16 .3203 and April 22 .(0009 tonnes) + april 29  .205 tonnes + May 5:  3.799 and May 6: 1.607 tonnes – MAY 12  .0003- May 18: 1.5635 tonnes-May 19/   2.535 tonnes-May 27 .0185 – .024 TONNES MAY 31 -jUNE 4: .5044   = 64.813 tonnes still standing against 41.01 tonnes available.
 
Total dealer inventor 1,627,267.421 tonnes or 50.61 tonnes
Total gold inventory (dealer and customer) =8,655,140.067 or 269.211 tonnes 
 
Several months ago the comex had 303 tonnes of total gold. Today the total inventory rests at 269.211 tonnes for a loss of 34 tonnes over that period. 
 
JPMorgan has only 22.79 tonnes of gold total (both dealer and customer)
JPMorgan now has only .900 tonnes left in its dealer account.
 
 
 
 
 end
 
HUGE ACTIVITY INSIDE THE SILVER COMEX AS WELL
 
And now for silver
 

June initial standings

 June 6.2016

Silver
Ounces
Withdrawals from Dealers Inventory nil oz
Withdrawals from Customer Inventory  945,425.665 ozScotia, BRINKS,

CNT
Deposits to the Dealer Inventory NIL
Deposits to the Customer Inventory   78,236.200 ozJPM
No of oz served today (contracts) 0 CONTRACTS nil OZ
No of oz to be served (notices) 348 contracts1,740,000 oz
Total monthly oz silver served (contracts) 202 contracts (1,010,000 oz)
Total accumulative withdrawal of silver from the Dealers inventory this month nil oz
Total accumulative withdrawal  of silver from the Customer inventory this month  12,093,183.5 oz

today we had 0 deposit into the dealer account

total dealer deposit:NIL oz

we had 0 dealer withdrawals:

total dealer withdrawals:  nil

we had 1 customer deposit:

i) into JPM:  78,236.200 oz

Total customer deposits: 78,236.200 oz.

We had 3 customer withdrawals

ii) Out of Scotia: 78,236.04 oz

ii) Out of Brinks:  766,424.47

iii) out of CNT: 100,765.15

:

total customer withdrawals:  945,425.665 oz

 
 

 

 we had 1 adjustments

 

ii) Out of BRINKS;  25,246.200 oz was adjusted out of the dealer and this landed into the customer account of Scotia

 

WATCH FOR A RUN ON THE SILVER COMEX 
 
The total number of notices filed today for the JUNE contract month is represented by 0 contracts for nil oz. To calculate the number of silver ounces that will stand for delivery in JUNE., we take the total number of notices filed for the month so far at (202) x 5,000 oz  = 1,010,000 oz to which we add the difference between the open interest for the front month of JUNE (348) and the number of notices served upon today (0) x 5000 oz equals the number of ounces standing 
 
Thus the initial standings for silver for the JUNE contract month:  202 (notices served so far)x 5000 oz +{348 OI for front month of JUNE ) -number of notices served upon today (0)x 5000 oz  equals  2,750,000 of silver standing for the JUNE contract month.
 
We lost 1 contract or an additional 5,000 oz will not stand for delivery in this non active month of June.
 
 
 
Total dealer silver:  23.121 million  (RECORD LOW INVENTORY)
 
Total number of dealer and customer silver:   153.174 million oz
 
The total open interest on silver is NOW moving away from an all time high with the record of 207,394 being set May 18.2016. The registered silver (dealer silver) is NOW AT  multi year lows as silver is being drawn out and heading to China and other destinations. The shear movement of silver into and out of the vaults signify that something is going on in silver.
 
 
 
Silver Eagle SD Bullion
 
And now the Gold inventory at the GLD
June 6/no change in gold inventory at the GLD/Inventory rests at 881.44 tonnes
 
June 3/ We had two big  sized deposits of 4.46 tonnes early this morning and then another 6.24 tonneslate tonight/ new GLD total: 881.44 tonnes  (total: 10.7 tonnes)
June 2/no change in gold inventory at the GLD.Inventory rests at 870.74 tonnes
June 1.2016/ a good sized deposit of 2.08 tonnes/Inventory rests at 870.74 tonnes
May 31/NO CHANGE IN GOLD INVENTORY AT THE GLD/INVENTORY RESTS AT 868.66 TONNES
 
May 27/no change in gold inventory at the GLD/Inventory rests at 868.66 tonnes
May 26./no change at the GLD/Inventory rests at 868.66 tonnes
May 25./no change in gold inventory at the GLD/Inventory rests at 868.66 tonnes
MAY 24/ a good sized withdrawal of 3.86 tonnes of paper gold from the GLD/Inventory rests at 868.66 tonnes
May 23./this is rather impossible: another huge deposit of 3.26 tonnes into the GLD with the price of gold down again today?/inventory rests at 872.52 tonnes
May 20/what!!!A MONSTER DEPOSIT OF :8.92 TONNES OF GOLD INTO THE GLD INVENTORY/AND WITH GOLD DOWN $2.80??/INVENTORY RESTS AT 869.26
May 19/ANOTHER HUGE DEPOSIT OF 4.46 TONNES OF GOLD INTO THE GLD/iNVENTORY RESTS AT 860.34 TONNES
 
May 18 /no changes in inventory at the GLD/Inventory rests at 855.89 tonnes.
 
May 17/ we had a huge deposit of 4.76 tonnes of gold into the GLD/Inventory rests tonight at 855.89 tonnes/in the last two and 1/2 weeks we have added 50 tonnes of gold and this most likely was all paper gold addition..
 
May 16./ today we had no changes in inventory at the GLD/Inventory rests at 851.13 tonnes
 
May 13./another addition of 5.94 tonnes of gold into the GLD/Inventory rests at 851.13 tonnes
May 12/another huge deposit of 3.27 tonnes in gold inventory at the GLD/inventory rests at 845.19 tonnes
May 11/another huge deposit of 2.67 tonnes in gold inventory at the GLD/Inventory rests at 841.92 tonnes
May 10/Another huge deposit of 2.38 tonnes in gold inventory at the GLD/Inventory rests at 839.25 tonnes
May 9/Surprisingly we had another deposit of 2.68 tonnes of gold into the GLD with gold down!! Inventory 836.87 tonnes
 
 
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June 6.:  inventory rests tonight at 881.44 tonnes

end

Now the SLV Inventory
June 6/no change at the SLV/Inventory rests at 337.299 million oz/
June 3/ a huge deposit of 1.56 million oz was added to the SLV inventory/new inventory rests at 337.299 million oz
June 2/no change in silver inventory at the SLV/Inventory rests at 335.739 million oz
June 1/no change in silver inventory at hte SLV/inventory rests at 335.739  million oz
May 31/NO CHANGE IN SILVER INVENTORY AT THE SLV/INVENTORY RESTS AT 335.739 MILLION OZ
May 27/no change in silver inventory at the SLV/Inventory rests at 335.739 million oz/
 
May 26./ no change in silver inventory at the SLV/Inventory rests at 335.739 million oz
May 25./no change in silver inventory at the SLV/Inventory rests at 335.739
MAY 24/no change in inventory at the SLV/Inventory rests at 335.739 million oz
May 23./we had a small withdrawal of 285,000 oz and that generally means payment of fees.Inventory rests at 335.739 million oz
 
May 20/WE HAD A GOOD SIZED DEPOSIT OF 951,000 OZ INTO THE SLV/INVENTORY RESTS AT 336.024 MILLION OZ
May 19/no changes in silver inventory at the SLV/Inventory rests at 335.073 million oz
May 18/no changes in silver inventory at the SLV/Inventory rests at 335.073 million oz/
May 17/no change in silver inventory at the SLV/Inventory rests at 335.073 million oz/
 
May 16./no changes in silver inventory at the SLV/Inventory rests at 335.073 million oz
 
May 13./no change in silver inventory at the SLV/inventory rests at 335.073 million oz
 
May 12/no change in silver inventory/rests tonight at 335.073 million oz/
 May 11.2016/no change in silver inventory/rests tonight at 335.073 million oz/
May 10.2016/we had a huge withdrawal of 1.046 million oz in silver leaving the SLV,no doubt for Shanghai which lately has been gobbling up whatever inventory it could lay its hands on/Inventory rests at 335.073 million oz.
May 9. no change in silver inventory/rests at 336.119 million oz.
 
 
.
June 6.2016: Inventory 337.299 million oz
 
 
end

NPV for Sprott and Central Fund of Canada

will update on this site later tonight/

 
 
1. Central Fund of Canada: traded at Negative 3.7 percent to NAV usa funds and Negative 4.1% to NAV for Cdn funds!!!!
Percentage of fund in gold 61.8%
Percentage of fund in silver:37.8%
cash .+1.4%( June 6/2016). /
2. Sprott silver fund (PSLV): Premium RISES to +0.42%!!!! NAV (June 6.2016) 
3. Sprott gold fund (PHYS): premium to NAV  falls TO +1.55% to NAV  ( June 6.2016)
Note: Sprott silver trust back  into POSITIVE territory at +42% /Sprott physical gold trust is back into positive territory at +1.55%/Central fund of Canada’s is still in jail.
It looks like Eric Sprott got on the nerves of our bankers as they lowered the premium in silver to +.42%.  Remember that Eric is to get 75 million dollars worth of silver in a new offering.