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Sunday, January 05, 2014

Jesse: COMEX Gold Registered Inventory Potential Claims Still Historically High 80 to 1 GLD, MUX, TNR.v, GDX

  

  Jesse reports that COMEX is still leveraged at the record levels of 80 owners per one oz of Gold. Next week will be very important for Gold market. The move above $1260 will bring more short covering and will bring more confirmation on Double Bottom retested in 2013 at $1180 level.



Frank Holmes: Gold Stocks - What to Expect in the New Year GLD, MUX, TNR.v, GDX, SLV

"Frank Holmes starts new year with the very insightful outlook for Gold and Gold miners. China buys record amount of Gold in 2013 and UK and German authorities are investigating Gold market manipulations now. Chances are that this manipulation can go forever with Gold flowing by tons from the West to the East. Chart above from KWN demonstrates that Gold is in the most oversold sate in its history now."


KWN: “The Most Remarkable News In The Gold & Silver Markets” 


 "King World News has published very interesting long term charts for Gold, Silver and Gold Mining Shares."



Jesse's Cafe Americain:

Comex Warehouses: Registered Inventory Potential Claims Still Historically High 80 to 1


January is a non-active month, and overall inventories are adequate.

Those who hold bullion will need some incentive to move it to the deliverable, registered category for February, which is often a significant physical delivery month.

But all in all, the Comex is now the tail wagging the dog, the paper sideshow to the real bullion markets which are moving East.


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