Daily Archives: September 30, 2013

Strong Silver Coin and Bar Demand From India and U.S.

GoldSeek Monday, 30 September 2013 Today’s AM fix was USD 1,335.75, EUR 989.59 and GBP 827.30 per ounce. Friday’s AM fix was USD 1,321.50, EUR 978.45 and GBP 822.03 per ounce. Gold climbed$12.30 or 0.93% Friday, closing at $1,336/oz. Silver rose $0.02 or 0.05%, closing at $21.72. Gold rose 0.81% while silver slid 0.09% for…

The Fed Gave Congress A Bottle Of Whiskey And The Car Keys

Monty Pelerin September 30, 2013 http://www.economicnoise.com/2013/09/30/fed-taper/  At the last Fed meeting, Bernanke’s decision to not taper even a little bit damaged what little credibility he and his Fed have left. If one discounts stupidity (not something that should be relinquished easily when dealing with government decisions), then what remains for an explanation of such strange behavior? As…

The Fed’s $700 Billion Magic Trick

by Matt Insley. We’re closing in on the five year anniversary of the most severe market drop in recent history. From the last week of September 2008 through the beginning of October 2008 the Dow shed over 2,000 points – representing an overall market drop of more than 23%. Those were the bad old days. The…

This Will Create A Horrific Collapse That Will Shock The World

 As global stock markets continue to struggle, today a man who has been involved in the financial markets for 50 years warned King World News that an ominous and looming danger “will create a horrific collapse that will shock the world.”  Below is what John Embry had to say in this powerful interview. Embry:  “I have been…

Gold Bulls Raise Wagers Most in Month on Stimulus: Commodities

By Elizabeth Campbell – Sep 30, 2013 9:33 AM ET Hedge funds’ combined holdings in gold futures rose the most this month as continued U.S. monetary stimulus spurred investors to sell short contracts and sent prices toward the first quarterly advance in a year. The net-long position in bullion jumped 12 percent to 78,654 futures and options in the week…

Poker End Game – JP Morgan, Fed, US Treasury, China & Gold

On the heels of continued speculation about exactly what “customers” JP Morgan is referring to that it trades for in allegedly manipulated markets, today 40-year veteran, Robert Fitzwilson, put together another tremendous piece.  Fitzwilson, who is founder of The Portola Group, discusses what JP Morgan, the Fed, the U.S. Treasury and even China may really…