Sinclair has picked up on what Harvey Organ has been saying about heavy withdrawals from London going to Russia and China, with a tang of emergency in the air.
Today: <<The total gold comex open interest fell by 1482 contracts from 408,594 down to 407,112. It is amazing the numbers of longs who are fleeing the crooked gold comex. The front April OI fell by 954 contracts from 6,601 down to 5647.We had 638 notices filed yesterday so we lost another 316 contracts or 31,600 oz. The next non active contract month is May and here the OI fell by 25 contracts. The next big contract month is June and here the OI again retreated by 607 contracts from 258,508 down to 257,901. The estimated volume today was fair at 158,635. The confirmed volume on Thursday was weak at 65,524.>>
On another note, not esp relevant in today's further crash, McEwen's hit unexepected paydirt:
<<http://www.mineweb.com/mineweb/content/en/mineweb-exploration?oid=184492&sn=Detail |
