Janet Yellen goes dovish in latest FOMC which causes gold and silver to rise/China massive deleveraging its social spending: no wonder we have contracting global demand/Nigera’s Nira collapses setting the stage for hyperinflation
by Harvey Organ
Harvey Organ’s Blog
[…] i) the June gold contract is an active contract. Last night we had a good sized 297 notices filed for 29,700 oz to be served upon today. The total number of notices filed in the first 11 days is enormous at 14,997 for 1,499,700 oz. (46.647 tonnes).
ii) in silver we had 0 notices filed. total number of notices served in the 10 days: 202 for 1,010,000 oz.
Let us have a look at the data for today.
Several months ago the comex had 303 tonnes of total gold. Today, the total inventory rests at 274.09 tonnes for a loss of 29 tonnes over that period.