Silver finished the comex session at $42.57 gaining 57 cents, and then in the Globex, screamed higher through the 43 dollar level where it closed at $43.05.
The JPMorgue was hammered all day by the PM longs. The total gold OI (open interest) added a remarkable 16,309 positions to its open interest rising to 528,213 from Thursday's level of 511,904. The June open interest rose to 356,182 from 348,804 (huge overall amount). The estimated volume at the gold comex was 168,704 which was again to say the least, huge.
The total silver comex open interest rose to 148,652 from Thursday's level of 145,065 scaring the living daylights out of the Banksters. They have tried countless times to shake longs loose for their silver but have failed each time.
The Banksters have another meeting scheduled for this weekend according to Harvey's post, we saw raids on Monday and Tuesday of last week and I expect more of the same starting overnight. Trade the paper hold the metal tight!
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