Harvey Organ: Panicked Commercials Flip Net LONG in Silver!
SilverDoctors.com
March 6, 2016
The commercials that have been short in silver covered a huge 5455 contracts from their short side.
Conclusions: the commercials go net long by 8440 contracts!
Something is bothering them and it may explain the huge activity inside the COMEX vaults…
GLD ADDS A WHOPPING 7.13 TONNES TO ITS INVENTORY/SLV ADDS 5.426 MILLION OZ TO ITS INVENTORY/THE BIG NEWS OF THE DAY; BLACKROCK’S GOLD ETF, IAU SUSPENDS THE ISSUANCE OF SHARES BECAUSE DEMAND FOR GOLD IS TOO STRONG (REAL MEANING: THEY CANNOT FIND PHYSICAL)/FORMER BRAZILIAN PRESIDENT LULA HELD BY FEDERAL POLICE: CHARGES PENDING AFTER A RAID ON HIS HOUSE/HONG KONG TO CHANGE ITS FUTURE GOLD CONTRACTS STATING THAT IT WILL BE SETTLED NOW ONLY IN PHYSICAL GOLD PRICED IN YUAN OR DOLLARS: PREVIOUSLY ONLY CASH SETTLED/ANOTHER PHONY JOBS REPORT OF 242,000 JOBS GAINS (WITH A 129,000 BIRTH/DEATH PLUG ADDITION/HUGE DISAPPEARANCE OF THE USA 10 YR TREASURIES AS COLLATERAL IS DISSIPATING RAPIDLY/AT END OF THE DAY, THE FED INTENDS TO LIMIT BANK’S EXPOSURE ON ONE COUNTERPARTY: BANKS DO NOT LIKE THAT!
The Rest…HERE
