Harvey Organ's Daily Gold & Silver Report – 2016.09.01

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

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