Silver as an investment

APRIL 18/GOLD WITHSTANDS A HUGE BANKER ATTACK (BANKERS SUPPLIED NON BACKED 22,000 CONTRACTS) TRYING TO QUELL GOLD’S ADVANCE/ SILVER NOT SO LUCKY AS IT WAS DOWN 24 CENTS/SILVER’S OI NOW AT A RECORD 227,775/UK CALLS A SURPRISE ELECTION AND CATCHES THE POUND SHORTS OFFSIDE: THE POUND ADVANCES SMARTLY TODAY/PENTAGON IS NOW CONTEMPLATING SHOOTING DOWN ANY NEW NORTH KOREAN NUCLEAR TEST MISSILE/

harveyorganblog.com / by harveyorgan / April 18, 2017

Gold: $1291.70 UP $2.30

Silver: $18.25 DOWN 24 cents

Closing access prices:

Gold $1290.00

silver: $18.30!!!

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SHANGHAI GOLD FIX: FIRST FIX 10 15 PM EST (2:15 SHANGHAI LOCAL TIME)

SECOND FIX: 2:15 AM EST (6:15 SHANGHAI LOCAL TIME)

SHANGHAI FIRST GOLD FIX: $1290.01 DOLLARS PER OZ

NY PRICE OF GOLD AT EXACT SAME TIME: 1285.20

PREMIUM FIRST FIX: $4.81

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SECOND SHANGHAI GOLD FIX: $1291.69

NY GOLD PRICE AT THE EXACT SAME TIME: 1284.00

Premium of Shanghai 2nd fix/NY:$7.69

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LONDON FIRST GOLD FIX: 5:30 am est $1285.00

NY PRICING AT THE EXACT SAME TIME: $1286.50

LONDON SECOND GOLD FIX 10 AM: $1278.95

NY PRICING AT THE EXACT SAME TIME. 1285.08 ??????

For comex gold:

APRIL/

NOTICES FILINGS TODAY FOR APRIL CONTRACT MONTH: 26 NOTICE(S) FOR 2600 OZ.

TOTAL NOTICES SO FAR: 658 FOR 65,800 OZ (2.0466 TONNES)

For silver:

For silver: APRIL

0 NOTICES FILED TODAY FOR nil OZ/

Total number of notices filed so far this month: 744 for 3,720,000 oz

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END

The open interest in silver continues to advance with today’s reading just under 228,000 contracts (227,775 contracts/a new record) or about 4000 contracts ABOVE the record set last year. The price of silver is a good $2.14 below the previous record price when that record OI was set last year. It seems that the boys want to attack our precious metals as they are quite nervous about silver and its gigantic high OI for the front month of May.

Tonight’s open interest for gold should rise by about 2,000 contracts. The silver OI should fall because the price fell by 24 cents. A rise will cause migraines galore for our bankers.

Let us have a look at the data for today

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The post APRIL 18/GOLD WITHSTANDS A HUGE BANKER ATTACK (BANKERS SUPPLIED NON BACKED 22,000 CONTRACTS) TRYING TO QUELL GOLD’S ADVANCE/ SILVER NOT SO LUCKY AS IT WAS DOWN 24 CENTS/SILVER’S OI NOW AT A RECORD 227,775/UK CALLS A SURPRISE ELECTION AND CATCHES THE POUND SHORTS OFFSIDE: THE POUND ADVANCES SMARTLY TODAY/PENTAGON IS NOW CONTEMPLATING SHOOTING DOWN ANY NEW NORTH KOREAN NUCLEAR TEST MISSILE/ appeared first on Silver For The People.