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Good evening Ladies and Gentlemen: Gold closed down today to the tune of $20.40 to $1646.70. Silver the real victim of the raid, fell by $1.13 to $31.80. The markets around the world was in the red today which caused our bankers to initiate another raid. We noticed yesterday that the gold/silver equity shares were weak which is generally a good sign that the bankers have orchestrated all the players to [...] THURSDAY, NOVEMBER 17, 2011 European bonds rise in yield/another gold and silver raid Good evening Ladies and Gentlemen: The world today experienced a frozen liquidity squeeze as bankers refuse to loan any money to other bankers. The price of gold fell by 53.20 dollars to [...] Good evening Ladies and Gentlemen: The price of gold rose to $1790.30 for a gain of 35 dollars. The price of silver advanced by 74 cents to close at $34.81. This is comex closing time. In the access market right now at 5 pm est: gold: $1795.60 Today we witnessed the Italian 10 yr bonds yield 6.6%. I cannot see how Italy will get out of their [...] Greek problems continue/MF Global funds found at JPMorgan (commingling)/Problems with Erste bank in Austria Good morning Ladies and Gentlemen; I wrote the title of my commentary at around 6 pm Friday. I am going to add another sub-title: Events are happening at lightening speed with respect to the European problems in Greece, in Italy as its 10 year bond [...] Good evening Ladies and Gentlemen: Today we had the conclusion of the two day FOMC meeting and as expected, Bernanke left interest rates alone at 0%. He said that the economy is picking up ( ???) but unemployment is a major concern. As the stock markets have not gone into triple digit declines, he decided that “real QEIII” is not ready yet even though deficits this year should climb to 1.8 [...] Good evening Ladies and Gentlemen: Today the price of gold fell by $22.00 to $1724.20 as the bankers decided to raid in concert with an intervention by the Japanese to lower their Yen. The price of silver followed suit down by 93 cents to $34.34. The big news of the day is the bankruptcy filing by MFGlobal a huge trading firm under the direction of former [...] We are saved again by more paper injection/gold and silver rebound to score higher levels Good evening Ladies and Gentlemen: Quite a day day. Europe announced a plan for saving the continent and Greece. Gold was set to be “clocked” as yesterday the gold/silver shares were down from earlier highs coupled with the lackluster performance of silver. These are usually the signals for the banking raid. Sure enough at 3 am, the bankers [...] Good evening Ladies and Gentlemen: Gold and silver skyrocketed with the news of the cancellation of the European summit meeting tomorrow First let us head over to the comex and see how trading fared: The [...] Good evening Ladies and Gentlemen: First of all, I may not have enough time to write this weeks commentary from Tuesday through til The most important day to mark on your calenders will be this Wednesday as we will probably see that Europe can [...] Good evening Ladies and Gentlemen: Gold today was whacked by the bankers at the usual 3 am time slot as gold was hitting $1684 at that time. The bankers were trying to quell the huge demand for physical metal You can see for yourself the demand for gold and silver by reviewing the comex data. The price of silver refused to buckle as it rose by [...] Gold and Silver rebound accompanied by gold/silver equities/ More concerns with Dexia Good evening Ladies and Gentlemen: Gold and silver rebounded nicely today. Gold finished the comex session at $1640.30 up $25.60. Silver finished the day up 51 cents at $30.31. The markets seem to rise on the slightest rumours but fall hard when the world realizes that the banks are basically insolvent. I will comment more on [...] Good evening Ladies and Gentlemen: I have two hours to spare so I will bring to you today’s events. The price of gold rose by $31.20 to $1806.60 Good evening Ladies and Gentlemen: Gold closed today up by $16.90 to $1826.80. Silver had an even better day climbing by $1.13 to $41.29. The total gold comex [...] JPM and HSBC are believed to be holding massive, galactic sized short positions — to over 1 billion ounces of silver at this point. Amassed over the years to control the price. Now, longs are taking delivery. In a very large way, and JPM/Comex/the Fed does not, i repeat, does NOT have the silver to deliver in these quantities In short what those in the silver market have always known — that [...] |
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Harvey Organ’s: The Daily Gold & Sliver Report
Gold advances to $1826.70/silver to $41.40/Silver Heads into First Day Notice Tomorrow morning
Good evening Ladies and Gentlemen:
I hope you all saw my amended commentary early this morning as the CME are providing details on silver and gold inventory movements later and later. Normally we get the data at around 2 pm. At exactly 6: 14 pm the CME sent down the inventory data for today. The [...]