Another huge withdrawal of 5.34 tonnes of gold from the GLD/No changes in SLV/Deutsche bank refuses to honour its custodial function in a Gold ETF and thus a default/Huge fallout from the Hanjin bankruptcy protection as 10 ships are frozen at various ports/Oil plunges into the 42 dollar handle/Poor USA figures for today: poor productivity, poor national mfg pmi/lackluster autosales/Wal-Mart laying off 7,000 poor souls
by Harvey Organ
Harvey Organ’s Blog
Gold: 1312.20 up $5.30
Silver 18.86 up 24 cents
In the access market 5:15 pm
Gold: 1313.80
Silver: 18.90