On the bright side, total OI in gold fell another 6,400 contracts yesterday, back to 495,436. This means we've now shed over 16,000 contracts from last Thursday's massive cap and raid and it gives us a little wiggle room should the Specs come charging back in late tomorrow and Thursday.
But this will blow you away...In silver, where the May contract is going off the board on Thursday and OI should be falling, total open interest surged again yesterday by another 4,250 contracts! This brings…