Another huge 5.94 tonnes of paper gold into the GLD/Today we had two raids on gold and silver and both failed/Japan postpones their tax hike as they must be scared about something!/ USA business inventories to sales rise to record highs of 1.41 indicating severe recession or depression
by Harvey Organ
Harvey Organ’s Blog
[…] Yesterday I reported the following to you:
“Expect another raid tomorrow!”
And sure enough they blasted gold and silver twice:
i. During the access market, gold and silver were bombed but during the Asian /European time zone where physical dealings are prevalent, both of precious metals rose to levels at comex closing time.
ii) Then when comex opened for trading they bombed again knocking gold down to 1261.00 USA and silver to $16.88;