Huge rise in silver OI complex at 199,231 contracts plus options expiry week necessitated a 2nd raid by our criminal bankers/Kuroda may loans banks at negative rates (get a load of that) and thus the USA/Yen cross skyrockets/Markets did not respond to that generosity/Caterpillar results awful and guidance is also southbound/Bellwether for the oil patch Schlumberger also shocks the street with guidance downward
by Harvey Organ
Harvey Organ’s Blog
[…] I WROTE THE FOLLOWING YESTERDAY:
“The boys are burning the midnight oil trying to figure out what to do. There is no question that both gold and silver OI’s increased with today’s trading. The reading of OI for tomorrow will represent today’s trading finality.”
The decision was given to raid ( Friday being a great day for the crooks because London is already put to bed for the weekend and thus they are only dealing with paper gold/ no physical problems to deal with).