by Harvey Organ, Harvey Organ Blog:
SILVER UP ONE CENT TO $14.99//ANOTHER HUGE QUEUE JUMPING AT THE GOLD COMEX///CHINA PREPARING ANOTHER STIMULUS TO JUMPSTART ITS ECONOMY//USA TRADE DEFICIT SHRINKS//MORE SWAMP STORIES FOR YOU TONIGHT
GOLD: $1274.60 DOWN $0.10 (COMEX TO COMEX CLOSING)
Silver: $14.99 UP 1 CENT (COMEX TO COMEX CLOSING)
by Harvey Organ, Harvey Organ Blog:
ANOTHER RAID DAY FOR GOLD AND SILVER: GOLD DOWN $13.40 TO $1274.70//SILVER HELD THE FORT DOWN ONLY 3 CENTS T $14.98//FOR THE 3RD CONSECUTIVE DAY/AGAIN NO GOLD ENTERS THE GOLD ARENA//ITALY IN DIRE STRAITS AGAIN (WOLF STREET)//CHRIS POWELL INTERVIEW IN SINGAPORE: A MUST VIEW
from Silver Doctors:
SD Outlook: Looks like it’s back to business for the economy & the markets. Great news for those who need a little extra time to prepare for the collapse…
Short and simple today.
Not that I’m one to offer excuses, but we’re working hard behind the scenes to bring you the very best and most important gold, silver & finance news!
So in a lot of ways, it’s “back to business” week.
But is it?
by Chris Powell, Gold Seek:
Thanks to Zero Hedge for calling attention tonight to the interview of the Zurich-based financial letter The Market with James Grant, editor of Grant’s Interest Rate Observer, wherein Grant remarks that the Federal Reserve is manipulating the stock market up and interest rates down. Grant calls the latter rigging “very near to a crime.”
But as always Grant has nothing to say about the rigging of the gold market by government, which seems especially strange since gold traditionally has maintained an inverse relationship with real interest rates. That is, in the old days low real rates meant high gold prices, and vice versa.
by Harvey Organ, Harvey Organ Blog:
TURKEY IS THE BIG STORY TODAY AS THE TURKISH LIRA PLUMMETED TO OVER 5.80 TO THE DOLLAR AS THEIR UNEMPLOYMENT RATE ROSE TO ALMOST 15% AND YOUTH UNEMPLOYMENT RATE CLOSE TO 27%//TURKISH CREDIT DEFAULT SWAPS ROSE TO RECORD LEVELS
GOLD: $1288.30 DOWN $3.70 (COMEX TO COMEX CLOSING)
Silver: $15.01 DOWN 1 CENT (COMEX TO COMEX CLOSING)
by Ronan Manly, BullionStar:
Central bank gold holdings are rarely out of the news these days, from continued gold accumulation by Russia and China, to secretive gold sales by the central bank of Venezuela.
But beyond these buy and sell transactions, central bank gold reserves are making headlines in other ways, as governments and central banks clash over ownership and control of their national gold holdings.
Two prime examples in this space right now are the gold repatriation legislation making its way through the Romanian parliament, and the moves by Italian politicians to clarify who actually owns the Italian gold reserves, the central bank of Italy or the nation’s citizens.
by Harvey Organ, Harvey Organ Blog:
CHINA INJECTS A WHOPPING AMOUNT OF MONEY INTO ITS ECONOMY AND THAT SENT MARKETS FLYING TODAY
GOLD: $1292.00 UP $2.10 (COMEX TO COMEX CLOSING)
Silver: $15.02 UP 11 CENTS (COMEX TO COMEX CLOSING)
Closing access prices:
Gold : $1291.35
by Harvey Organ, Harvey Organ Blog:
GOLD UP FOR THE 3RD DAY IN A ROW: HIGHER BY $6.40 TO $1304.30//SILVER DOWN ONE CENT TO $15.24/DOW PLUMMETS AFTER TRUMP INITIATES TARIFFS AGAINST THE EU AND THE EU RETALIATES//BIG NEWS ON THE ITALIAN FRONT AS THEIR BUDGETARY DEFICIT CLIMBS TO 2.5%//TURKEY READY TO PURCHASE S-400’S AS IT SNUBS THE WEST AND NATO//IRAN HAS HUGE FLOODS WHICH WILL WEAKEN THEM ECONOMICALLY//IRAN THREATENS USA IN THE GULF (STRAITS)//MORE SWAMP NEWS FOR YOU TONIGHT
