China sells 34 billion USA of treasuries last month/China purchases 87 billion dollars worth of Japanese sovereigns/China’s banks have almost 30 trillion equiv. USA liabilities on their books with 15 to 20% non performing/Funds are fleeing Deutsche bank/Bank of England asks UK banks their exposure to Deutsche bank and Italian banks/Huge 14.24 tonnes of “paper gold” removed from GLD and used in the attack on gold today/No silver leaves the SLV/SIGNIFICANT DRILL HOLES AND HUGE EARNINGS FROM AGNICO EAGLE
by Harvey Organ
Harvey Organ’s Blog
Gold $1264.80 down $7.10
Silver 17.59 down 15 cents
In the access market 5:15 pm
Gold: 1266.50
Silver: 17.63