-Volume under 200K, let alone 150K is great for us...looks like JP et al. have stopped adding to the paper last 2 days, maybe b/c they are afraid to get run over
-small 3000 oz deposit, that may be linked to a GLD paper deposit
-May OI rise from 75,855 to 77,100
-March OI drops, WITHOUT deliveries...hummmm
-There are 6 trading days left to serve upon 3,780,000 oz
-630,000 oz everyday needed, I'm not sure the Comex will be able to do this
GLD and SLV remained identical. How the FUCK does 19 million ounces of physical gold go in and out no more than 36 hrs ago, and now in BOTH funds there is NOTHING today? Give me a fucking break. CFTC you deserve to be drown in a pool of your own piss and shit, while the world watches live on Zerohedge. Fuck you.
Sprotts premium PSLV hit 23% and then got SMOKED down to 19%. I'm sure Blythe had something to do with that.
Okay...good day in terms of fiat. Dont think she will go away. Options expiry this monday, but the Middle East Israeli terror attacks will keep pushing PM's higher as long as they keep bombing innocent, starving Palestinians in the name of 'protecting themselves.' Congrats to those who listened to me and bought the fuckin dip. You are now 'wealthier.' You know how to thank me.
As of yesterdays commentary, I'm suspecting that GLD is starting to wash their paper and physical together. My immediate inclinations are that the are running out of physical. Hence JPM's desperate attempt yesterday to get a vault, and of course approved by the CTFC, whom I think will eventually all step down soon: the Gold Comex is in trouble.
I expect some weakness tonight, after such a stellar run, and most likely a margin hike tomorrow. Get some sleep, she's now just getting over her hangover, and will be up to 98% soon, and ready to get back on track to the short button.
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All eyes on Israel. Thats it. That all you need to know. Keep eyes on this tyrannical terrorist state. End game nearing, thank you Benjamin for my wealth effect today.
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