Jesse’s Cafe Americain

COMEX Warehouse Gold Bullion: Price Moves Smell of Desperation As Inventory Remains Thin

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01 OCTOBER 2013 Jesse’s Cafe Americain  ‘O sir, to willful men, The injuries that they themselves procure Must be their schoolmasters.” William Shakespeare, King Lear There were 3,215 ounces of gold bullion taken out of the HSBC warehouse. The JPM warehouse had 7,143 ounces changed from deliverable to eligible. Perhaps the price action freed up some…

Gold and Silver Now Move Into the October Delivery Month

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There was no activity in or out of the COMEX warehouses yesterday, with only a small adjustment at Brinks. Here is an interview I did with Lars Schall yesterday. You may read at it here. Lars is a very personable and intelligent fellow, and did a good job of drawing out some comments, and coaxing me to put…