The price of wholesale gold retreated to yesterday’s low at $1,315 per ounce in London trade Tuesday morning, drifting down as world stock markets and commodity prices also slipped. The U.S. dollar extended its rally on the FX market, nudging the euro back towards one-week lows beneath $1.3450. That move held gold for Eurozone buyers…
Dr Paul Craig Roberts, former U.S. Assistant Treasury secretary, reckons Fed QE policy, and attempts to unwind from it, will lead to a dollar crash and ultimately an explosion in the gold price. DENVER (MINEWEB) – Commenting on the dollar, the U.S. Fed tapering agenda, the state of the U.S economy and the gold price makes…
There is a reason why every fiat currency in the history of the world has eventually failed. At some point, those issuing fiat currencies always find themselves giving in to the temptation to wildly print more money. Sometimes, the motivation for doing this is good. When an economy is really struggling, those that have been…
With just over a week left until a potential government shutdown, especially since the House just passed a stopgap funding measure which included an Obamacare defunding measure and which is dead in the Senate, the issue of a government shutdown with no counterproposal on the table is suddenly concerning to investors, as can be seen…
No longer do you have to get tickets to attend the Ringling Brothers and Barnum & Bailey Show, while the real Circus, the Great Banker Taper Spectacle is in town. Today, the “Greatest Show On Earth” does not include a dozen elephants performing amazing stunts, but rather a group of highly educated banker clowns playing…
Weak physical demand from China dominates the headline as traders continue to talk down the price of gold. Report from Reuters added that only demand should pick up if gold is trading in the range of $ 1250 to $ 1300 level. Gold started the week with sellers taking the yellow metal to a low…
In the aftermath of last week’s chaotic trading in global markets, today the Godfather of newsletter writers, Richard Russell, warned about the coming U.S. Ponzi scheme collapse, and how this will usher in a new monetary system. He also discussed how it would impact global debt and hard assets such as gold, silver, collectibles, etc.…
With gold and silver still trading above the key area where London metals trader Andrew Maguire told King World News there would be massive central bank buying, today James Turk spoke with KWN about the ongoing war in gold and silver, and he also sent KWN about two astonishing charts to go with his commentary…
Exploding Global Debt Hyperinflation Means You MUST Own Gold & Silver. By Gregory Mannarino
Published on Sep 23, 2013
Questions on hedging physical or trading gold and silver please call or email me! See my information below: (click on show more below)
E-Mail: jim.comiskey@archerfinancials.com
Toll-Free: 1-888-935-7979
Outside Line: 1-312-242-7996
If you want to donate money for equipment, software, appreciation, or to buy us some beer, please do so via PayPal to email:
jimcomiskeymetals@yahoo.com
Thanks everyone for watching!
