Gold and silver prices rose and then fell on news from the Federal Reserve last week and this process is likely to both continue and intensify now that the central bank has surprised markets by delaying the start of tapering its $85 billion per month money printing effort. After the Fed policy decision was announced…
Daily Archives: September 22, 2013
Gold, Investing, Silver
Weekly COMEX Gold Inventories: Quiet Week But Far From Normal
by click4silver • • 0 Comments
In last week’s report, we saw another quiet week in terms of COMEX gold inventories with registered inventories dropping slightly. This week’s COMEX registered gold inventories showed a slight gain for the first time in over two months, but the total weekly change was pretty much unchanged. Keeping track of COMEX inventories is something that is recommended…
Liberty, Politics, Rand Paul
Paul wins 2016 presidential GOP poll, Christie comes in second
by click4silver • • 0 Comments
MACKINAC ISLAND, Mich., Sept. 22 (UPI) — Organizers said Kentucky Sen. Rand Paul won a 2016 presidential poll of Republican leaders and activists at a Michigan conference. Paul was the keynote speaker at the Mackinac Republican Leadership Conference, and won the unofficial poll with 36 percent of the vote. “We’re pretty excited about it,” Paul said.…
Federal Reserve, FOMC, Gold, Silver
Zeale: Fed Unleashes Gold
by click4silver • • 0 Comments
Fed Unleashes Gold Adam Hamilton The Federal Reserve shocked the financial world this week, defying universal expectations. It failed to start reducing the pace of its third quantitative-easing campaign’s debt monetizations, delaying the long-anticipated QE3 taper indefinitely. This surprise ignited sharp moves in nearly all major markets, but gold’s was certainly the most impressive. It rocketed…
Gold, Investing, Market Manipulation, Silver
Jesse’s Cafe–> Triple Witching Hit on GLD and SLV, COMEX Next Week
by click4silver • • 0 Comments
All those happy momentum buyers of paper gold and silver, GLD and SLV, got a stiff gut check today, especially if they were playing the miners and ETFs with options, because gold and silver took a determined bear raid selloff in honor of the September triple witching expiration today. It happens four times per year.…
Federal Reserve, FOMC, Gold, Jim Rickards, Silver
Jim Rickards: We’re Witnessing One of the Greatest Failed Experiments in Economic History
by click4silver • • 0 Comments
Jim Rickards, author of the best-seller Currency Wars, sees the world’s central banks embroiled in a “race to debase” their currencies in order to restore – at any cost – growth to their weakened economies. In the midst of the fight, the U.S. Federal Reserve wields oversized power due to the dollar’s unique position as the…