SideNote: I notice that Silver reached a high of $17.755 at one point, before the bullion banks hammered the price down. GRIM

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April 21, 2016 · by harveyorgan

MANIPULATION TO THE HIGHEST DEGREE/WHAT CROOKS!! THEY UNLOAD 16,000 CONTRACTS IN 5 TO 10 MINUTES???? AND 7500 SILVER CONTRACTS

In gold, the total comex gold OI ROSE 3.484 contracts UP to 506,814 contracts even though the price of gold was only UP $0.20 with WEDNESDAY’S TRADING (at comex closing). Upon seeing that huge OI number in gold, the boys started their pounding of gold throughout the night and into trading today. That started today’s huge slug fest!!

Today, we had the open interest in silver rise by 946 contracts up to 194,510 as the price of silver was UP 16 cents with WEDNESDAY’S trading. The gold open interest rose by A LARGE 3,483 contracts WITH GOLD’S RISE OF 20 CENTS YESTERDAY. Somebody big is standing FOR SILVER and surrounding the comex with paper longs ready to ponce once called upon to take out physical silver.

(zero hedge) vii) A great commentary from Steve St Angelo on Chinese hoarding of silver. Remember for centuries China has always seen a silver loving nation. China is not allowed to export silver.

Silver is not in backwardation. London is in backwardation for several months. THE HIGH OPEN INTEREST FOR THE ENTIRE COMPLEX PLUS THE HIGH OI FOR THE FRONT MAY CONTRACT MUST BE SCARING OUR BANKERS TO NO END.