Silver as an investment

AUGUST 1/2017/SENATOR LINDSAY GRAHAM: “USA IS PREPARED TO STRIKE NORTH KOREA”/GOLD UP $4.95 BUT SILVER FLAT/GOLD AND SILVER EQUITY SHARES FALL AGAIN/CHAOS RUNS SUPREME IN VENEZUELA/USA SANCTIONS ONLY MADURO SO FAR/GENERAL MOTORS REPORTS HUGE DROP IN AUTOS/ALSO USA REPORTS BIG DROP IN CONSTRUCTION SPENDING/

harveyorganblog.com / by harveyorgan / August 1, 2017 

GOLD: $1272.95 UP $4.95

Silver: $16.79 UP 0 cent(s)

Closing access prices:

Gold $1269.00

silver: $16.74

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: $1275.01 DOLLARS PER OZ

NY PRICE OF GOLD AT EXACT SAME TIME: $1270.25

PREMIUM FIRST FIX: $4.76

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SECOND SHANGHAI GOLD FIX: $1274,31

NY GOLD PRICE AT THE EXACT SAME TIME: $1269.35

Premium of Shanghai 2nd fix/NY:$5.01

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LONDON FIRST GOLD FIX: 5:30 am est $1267.05

NY PRICING AT THE EXACT SAME TIME: $1267.70

LONDON SECOND GOLD FIX 10 AM: $1270.95

NY PRICING AT THE EXACT SAME TIME. $1273.00

For comex gold:

AUGUST/

NOTICES FILINGS TODAY FOR APRIL CONTRACT MONTH: 1309 NOTICE(S) FOR 130,900 OZ.

TOTAL NOTICES SO FAR: 2946 FOR 294600 OZ (9.1632 TONNES)

For silver:

AUGUST

71 NOTICES FILED TODAY FOR

355,000 OZ/

Total number of notices filed so far this month: 304 for 1,520,000 oz

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Yesterday I wrote the following:

“On yesterday’s (Friday’s) commentary I thought we were going to have a raid today. I noticed that the gold/silver equity shares sold off badly yesterday and that is a sure sign that an attack will occur. Probably our crooks were blindsided today with the failure of the Republicans to pass the healthcare bill as well as lousy GDP report, the all important wage inflation is non existent and the passing of new sanctions against Russia. And then we can couple all of this with the new launching of a ICBM that could hit New York and Boston…and yet with all of that news, the gain in gold was less than 10 dollars and silver, 11 cents. However today again, the gold/silver equity shares fell off badly on closing and we have only Monday morning for options expiry. There has never been any time during any options expiry that the crooks have not generated a raid. So if they fail to raid on Monday, they are losing control as demand is far outstripping supply in our precious metals.

it now looks like the boys have lost control of the gold/silver market/for sure silver with today’s attempted raid and failure. The bankers have decided to take their anger by hitting on the gold/silver equity shares.

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The post AUGUST 1/2017/SENATOR LINDSAY GRAHAM: “USA IS PREPARED TO STRIKE NORTH KOREA”/GOLD UP $4.95 BUT SILVER FLAT/GOLD AND SILVER EQUITY SHARES FALL AGAIN/CHAOS RUNS SUPREME IN VENEZUELA/USA SANCTIONS ONLY MADURO SO FAR/GENERAL MOTORS REPORTS HUGE DROP IN AUTOS/ALSO USA REPORTS BIG DROP IN CONSTRUCTION SPENDING/ appeared first on Silver For The People.