Harvey Organ’s Daily Gold & Silver Report – 2016.07.22

Huge increase in amount of gold standing at the comex for July at 20 tonnes: sets the stage for a wild August/Open interest rises to a record 221,246 for the entire complex/COT very bullish for gold as commercials try and rein in their shorts/In silver COT, commercials are trapped!/British pound pummeled as PMI crashes/Euro also tumbles to below 1.10/Oil crashes into the 43 dollar column/GE reports horrific results

by Harvey Organ
Harvey Organ’s Blog

Gold:1323.10 down $7.40

Silver 19.66 down 12 cents

In the access market 5:15 pm

Gold: 1322.50

Silver: 19.63

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