Charts for Discussion 2

Part 2. We are using this format to display charts we will be discussing shortly in a private gathering.  Please feel free to view, but this may end up being a temporary post.  (Large file. May take a few seconds to load.)

 

Banks in Futures Gold.

4 U.S. banks net short 106,184 lots.

About 22% of the total COMEX open interest.

The 4 banks net short position is equal to 39.4% of the LCNS.

 

Banks in Futures Silver.

4 U.S. banks net short 37,784 lots, about 188.9 mm ounces.

About 27% of the COMEX open interest. 

The 4 banks net short position is equal to 65.3% of the LCNS.

 

SPDR Gold Trust metal holdings.

Record high metal holdings, 1,333.44 tonnes. 

GLD metal holdings "sticky" as the long term graph clearly shows.

IAU metal holdings (not shown) also at a record 204.60 tonnes. 

iShares Silver Trust metal holdings.

9,920.18 tonnes.  Nowhere near a record. 

 

Gold Trends.

Long term monthly chart with performance.  "Race to Debase."  Used to be called "Beggar-thy-Neighbor."  Monetary dilution.  Confidence erosion.   

 

Little Guy Ops

 

"Sell on News" Event, with an institutional shareholding hangover, creating a great buy op, we think. 

Great anticipation in the Yukon.  Results soon.  If as good as hoped recall that Comstock's QV claims completely surround Northern Tiger's (NTR.V) Korat claims.  "A player to be named later." 

Speaking of NTR (not shown), results imminent from high grade channel sampled/trenched Sleeping Giant at 3-Ace.  ( Up to > 400 gpt.) 

 

 

Channel is near neighbor to RVS's Liguidi and Orzone's Bombore'.  On sale.  Fire sale on global 1 mm oz Au.  Our group adding into kamikaze seller early October.  (Probably former financier clients who no longer care about price, taking tax loss?)  Cheap, cheap, shallow gold in the Burkina Faso ground.    GeoChem/soils, sampling imminent two very prospective zones north of Mankarga 5 in Tanlouka. 

 

GQC simply amazing drill holes at Romero in the DomRep.  A "ten year overnight success!"  Next door neighbor Precipitate Gold (PRG.V, not shown) in the same Tireo rocks and ramping up exploration now.  Great people in elephant country.  Our group is a stakeholder.   

If opportunity knocks, will you answer the door? 

Got Gold Report

October 8, 2012