New Post from Ditch
Look at the feb LBMA drop!
Queued up a celebratory purchase at $100K
Testing $34 again right now 🤞
Gold, bitchez!
$32 silver….
[Wrist Check] Official Wrist Check Thread for October 14, 2024
[Wrist Check] Official Wrist Check Thread for October 10, 2024
[Wrist Check] Official Wrist Check Thread for October 09, 2024
Please help me identify this watch. It’s from Metal Gear Solid 2, I want to buy the closest watch to this, thanks
Tamp Fail
HSBC's silver short position likely exceeds their metal in the vault by 1 million oz.
Volume on the December gold contract spikes indicating a rush to physical gold following Powell's "pivot".
December silver deliveries lag the most in at least 3-1/2 years implying shorts may not have metal to deliver.
HSBC customer account(s) continue as the largest short now dumping 4.7 million oz of silver.
The vault drain lands comex gold in a new era ... a physical market with diminished supply.
December gold OI decline is muted. Bankers delay rolling or something different?
766,000 oz departs the silver vaults dropping the vault total to another post squeeze low of 266 million oz. The trailing 30 day decline is 6.4 million oz.
TAS volume surges in gold and silver! No harm, no foul ... just rollers rolling.
Both gold and silver trading volume slides to one of the lowest in years as the December roll commences. December gold open interest climbs back to average.
Details on BlackRock's 7.8 million oz silver redemption from PSLV.
BlackRock is out to teach Sprott's PSLV a lesson ... don't sell shares at a discount.
It was a slow day on the November gold and silver contracts however BofA remains the biggest buyer in both gold and silver. Plus modest moves at the vaults too.
BofA bought 51% of the gold and 44% of the silver on first notice day of the November contracts. HSBC customer accounts sold 73% of the gold and 57% of the silver. Skinny market with bad breadth.
BofA bought 217,900 oz of gold on the October contract bringing their 3 year net buy to 4,318,000 oz. That's a tonne worthy number ... 134 tonne of gold.
