Chart usGOLD   Chart usSILVER  
 
Food for thought
Under capitalism, people have more cars. Under communism, they have more parking spaces.
Winston Churchill  
Search for :
LATEST NEWS  :
MINING STOCKS  :
Subscribe
Write Us
Add to Google
Search on Ebay :
PRECIOUS METALS (US $)
Gold 1291.29-2.01
Silver 20.420.09
Platinum 1463.750.65
Palladium 868.730.40
WORLD MARKETS
DOWJONES 17084-8
NASDAQ 4472-2
NIKKEI 1537894
ASX 557710
CAC 40 441134
DAX 979441
HUI 235-4
XAU 99-2
CURRENCIES (€)
AUS $ 1.4312
CAN $ 1.4465
US $ 1.3465
GBP (£) 0.7926
Sw Fr 1.2152
YEN 137.0520
CURRENCIES ($)
AUS $ 1.0630
CAN $ 1.0742
Euro 0.7427
GBP (£) 0.5888
Sw Fr 0.9025
YEN 101.7840
RATIOS & INDEXES
Gold / Silver63.24
Gold / Oil12.38
Dowjones / Gold13.23
COMMODITIES
Copper 3.25-0.01
WTI Oil 104.30-0.12
Nat. Gas 3.840.00
Market Indices
Metal Prices
RSS
Precious Metals
Graph Generator
Statistics by Country
Statistics by Metals
Advertise on 24hGold
Projects on Google Earth
GoldWire
In the last hour
Chris Powell - GATA
Lawsuit charges that half of Chicago futures are illegal 'wash' trades
Jim Sinclair calls attention to a report by Pam Martens of Wall Street on Parade about a lawsuit charging that half of all futures trades on the Chicago Mercantile Exchange are illegal "wash" trades, trades in which the buyer and seller are essentially the same party: http://wallstreetonparade.com/2014/07/lawsuit-stunner-half-of-futures-tr...
Friday, July 25, 2014
Perth Mint Blog - Perth Mint Blog.
Infographic - 2014 Trends and Beyond
RESEARCH AND ANALYSIS The Gold Series of five infographics concludes by identifying four major gold trends it suggests investors should be watching: Source: Visual Capitalist.
Friday, July 25, 2014
In the last 4 hours
Chris Powell - GATA
Markets are at unprecedented extremes, Kaye tells KWN
Hong Kong fund manager William Kaye today tells King World News that markets are at unprecedented extremes and so he is hesitant to make predictions but thinks gold and silver will rebound after futures options expiration next week: http://kingworldnews.com/kingworldnews/KWN_DailyWeb/Entries/2014/7/24_Ma...
Friday, July 25, 2014
In the last 24 hours
Chris Powell - GATA
So what if there's no gold if people are happy to take paper and electrons?
Gold fund manager Egon von Greyerz, interviewed today by King World News, notes that gold deposit discoveries have collapsed and that the time required for turning a deposit into a mine has lengthened. Von Greyerz argues that this foretells much higher gold prices. Not necessarily. For new deposits of paper are being found all the time -- it's a renewable resource -- and there always will be an infinite supply of electrons and numbers for use in assembling bank and investment house balance state
Friday, July 25, 2014
Jesse - Le Cafe Américain
The Sirens Sweetly Singing
'Free' as in free storage is perhaps a red flag for potential risk, according to Ted Butler as he muses in his latest article, Still Waters Run Deep. I think there is an obvious and substantial difference between the unallocated metals accounts at Kitco and Perth in terms of 'backing' given that Perth has ties to the government, and Kitco is working through an insolvency.  And Ted rightfully allows for that.   But considering the matter from another related angle,  I would think that one's in
Thursday, July 24, 2014
Chris Powell - GATA
U.S. gold ETF delivers first physical bullion coins; holdings grow
By Frank Tang Reuters Wednesday, July 23, 2014 NEW YORK -- Merk Gold Trust, a bullion-backed exchange-traded fund that allows its shares to be redeemed for physical gold, said on Wednesday it has made its first delivery in dozens of U.S. gold coins to an investor. The ETF, launched by Palo Alto, California-based Merk Funds in May to offer a liquid trading product with the benefits of physical gold bullion, has accumulated 40,000 ounces in two months even in a bearish gold market. ... ... For the
Thursday, July 24, 2014
Jesse - Le Cafe Américain
Gold Daily and Silver Weekly Charts - The Pretenders
The metals were a dull trade today, although the miners were beleaguered by the usual mischief. There was nothing of real interest to report in the Comex activities from yesterday. The Comex may some day have little more relevance to real market prices than an exhibit at the Smithsonian."Look Johnny, this is where people used to pretend to trade things they didn't use or even have. For real money. And they were adults like mommy and daddy!"Have a pleasant evening.
Thursday, July 24, 2014
More than 24 hours ago
Jesse - Le Cafe Américain
SP 500 and NDX Futures Daily Charts - Tragedy Tomorrow, Comedy Tonight
Facebook announced 'better than expected' numbers after the bell. The stock sold off a bit because apparently the 'whisper numbers' were higher. AT&T posted a miss. Unemployment claims out tomorrow, as if anyone cares. The IMF has lowered its US growth estimates and suggests Fed easing could extend beyond 2015. Have a pleasant evening.
Thursday, July 24, 2014
Jesse - Le Cafe Américain
SP 500 and NDX Futures Daily Charts - The Pretenders
The metals were a dull trade today, although the miners were beleaguered by the usual mischief. There was nothing of real interest to report in the Comex activities from yesterday. The Comex will soon have less relevance of an exhibit at the Smithsonian. "Look Johnny, this is where people used to pretend to trade things they didn't even have. And they were adults like mommy and daddy!" Have a pleasant evening.
Thursday, July 24, 2014
Chris Powell - GATA
Pento sees QE cycle repeating; Rule finds resource prices surprisingly strong
Fund manager Michael Pento predicts to King World News that when the Federal Reserve stops "quantitative easing," there will be a crash in asset prices and then the Fed will start up QE all over again: http://kingworldnews.com/kingworldnews/KWN_DailyWeb/Entries/2014/7/23_Th... And Sprott Asset Management's Rick Rule tells KWN that resource prices are surprisingly strong even though there is no economic recovery: http://kingworldnews.com/kingworldnews/KWN_DailyWeb/Entries/2014/7/23_A_...
Wednesday, July 23, 2014
Chris Powell - GATA
The revolving door in U.S. government regulation has never spun faster
By Douwe Miedema and Michelle Price Reuters Wednesday, July 23, 2014 A member of the U.S. Commodity Futures Trading Commission will become the new head of a bank lobby group that is fighting the derivatives regulator in court over a crucial new rule curtailing Wall Street. The International Swaps and Derivatives Association said on Wednesday that Scott O'Malia, a Republican who often voted against new CFTC policy in the wake of the financial crisis, will become the trade group's next chief execu
Wednesday, July 23, 2014
Chris Powell - GATA
U.K. hastens negotiations for currency-rigging settlement 
By Lindsay Fortado, Suzi Ring, and Gavin Finch Bloomberg News Wednesday, July 23, 2014 http://www.bloomberg.com/news/2014-07-23/u-k-fca-said-to-near-fx-rigging... LONDON -- Talks to reach the first settlement in the currency-rigging probe are accelerating, with Britain's markets regulator preparing to reach a deal with a group of banks this year, people with knowledge of the talks said. The Financial Conduct Authority is in talks with banks including Barclays Plc, Citigroup Inc., JPMorgan Chase
Wednesday, July 23, 2014
Alasdair Macleod - Finance and Eco.
  What is with the silver fix?
GoldMoney's Alasdair Macleod joined Financial Services Network to discuss the impending demise of the London Silver Fix. Will it force the LBMA to become more transparent and to modernize? Alasdair believes they need to do this to remain the center of the world's precious metal trade. He also believes that the latest slam down in gold prices was due to profit taking and not an organized take-down. Click here to listen to the full interview
Wednesday, July 23, 2014
Chris Powell - GATA
Gene Arensberg: The gold trade seems to see little downside risk
The Got Gold Report's Gene Arensberg tonight looks again at trader positions in gold futures and concludes that "the gold trade," the people who do the biggest business in gold, "are currently positioned as though they do not believe that gold has any significant downside." Arensberg's commentary is headlined "Comex Producer/Merchants in Gold, View from 30,000 Feet an Eye-Opener" and it's posted at the GGR here: http://www.gotgoldreport.com/2014/07/comex-producermerchants-in-gold-vie...
Wednesday, July 23, 2014
Chris Powell - GATA
Petropavlovsk's Hambro 'horrified' by gold market rigging; he should buy a GATA T-shirt
By Thomas Biesheuvel Bloomberg News Tuesday, July 22, 2014 http://www.bloomberg.com/news/2014-07-22/hambro-horrified-by-tampering-o... LONDON -- Peter Hambro, chairman of gold producer Petropavlovsk Plc, said he was "horrified" by the manipulation of the London fix given its importance to the industry. "When I read the reports on what people had been doing to it, I was horrified," Hambro said in an interview today. "It is something that is really important to people in the industry. It's somethi
Tuesday, July 22, 2014
Chris Powell - GATA
Jeremy Warner: Have central banks been breaking the law?
By Jeremy Warner The Telegraph, London Monday, July 21, 2014 http://www.telegraph.co.uk/finance/comment/jeremy-warner/10981011/Have-c... The best way to destroy the capitalist system, the Russian revolutionary leader Vladimir Lenin is reputed to have said, is to debauch the currency. The world's major central banks have certainly been having a fair old go at it. In the six years since the financial crisis first broke, they've been printing money like there is no tomorrow. Fortunately, they have
Tuesday, July 22, 2014
James Turk - Goldmoney
Historic Shift In The Gold & Silver Markets
With continued turmoil in major markets, today James Turk told King World News that we are witnessing a historic shift in the gold and silver markets.  Turk also discussed what the implications of this historic shift in these markets means as well as what investors should expect next. Click here to read the full interview on King World News.
Tuesday, July 22, 2014
Chris Powell - GATA
Turk notes weakening 'flash crashes'; Embry knocks Yellen's disinformation
"Flash crashes" in gold and silver, the attacks of market-rigging central planners, are having less effect, GoldMoney founder and GATA consultant James Turk tells King World News today. "With both gold and silver -- as well as the mining stocks -- being so undervalued," Turk says, " the central planners can't keep downward pressure on the precious metals for days or even weeks like they used to." Turk's interview is excerpted at the KWN blog here: http://kingworldnews.com/kingworldnews/KWN_Dail
Tuesday, July 22, 2014
Chris Powell - GATA
Liam Halligan: The dollar's 70-year dominance is coming to an end
By Liam Halligan The Telegraph, London Friday, July 19, 2014 http://www.telegraph.co.uk/finance/comment/liamhalligan/10978178/The-dol... In early July 1944, delegates from 44 countries gathered at the Mount Washington Hotel in Bretton Woods, New Hampshire. A three-week summit took place, at which a new system was agreed to regulate the international monetary and financial order after the Second World War. The US was already the world's commercial powerhouse, having eclipsed the British Empire se
Tuesday, July 22, 2014
Jesse - Le Cafe Américain
SP 500 and NDX Futures Daily Charts -
There is little economic news this week. The new weekly economic calendar is below. The drivers this week are therefore likely to be on earnings reports, and the geopolitical issues especially with regard to the Ukraine. Our glorious financial warriors are riding high in the markets, which are otherwise very dull and quiet. Remember, thou art a man. Memento mori. Have a pleasant evening.
Monday, July 21, 2014
Jesse - Le Cafe Américain
Gold Daily and Silver Weekly Charts - Cap, Cap, Cap
Gold and silver had the lid slammed all day, although the miners recovered nicely from an early morning smackdown. The next Comex option expiration will be next Monday. Have a pleasant evening.
Monday, July 21, 2014
Chris Powell - GATA
Koos Jansen: Chinese wholesale gold demand year to date is nearly 1,000 tonnes
Chinese wholesale gold demand for the year through July 11 has reached 998 tonnes, gold researcher and GATA consultant Koos Jansen reports today. While offtake from the Shanghai Gold Exchange for the week ending July 11 was somewhat diminished, Jansen writes, copper has been trading in backwardation in Shanghai for two weeks. Jansen's commentary is posted at Bullion Star's Internet site here: https://www.bullionstar.com/article/chinese%20gold%20demand%20998
Monday, July 21, 2014
Chris Powell - GATA
Gene Arensberg: Futures trading positions hint at strong rises for gold, silver 
Big investment houses that trade gold and silver are extremely vulnerable to a short squeeze, the Got Gold Report's Gene Arensberg writes today after more review of the latest futures trader positioning reports. "Our view," Arensberg writes, "is that gold and silver are in the formative, difficult-for-many-traders-to-believe stage of a nascent but powerful bull market. We believe that gold and silver are beginning to price in something ahead -- something we cannot yet see clearly but that nevert
Sunday, July 20, 2014
Chris Powell - GATA
  GATA needs help, so please consider buying a T-shirt
Challenging all the money and power in the world, GATA long has operated more or less on a shoestring. This has largely been our own fault, insofar as we have put most of our effort into research and clamor and little into fundraising. The situation has gotten critical over the last year as central banks have intensified their efforts to suppress monetary metals prices, most of the monetary metals mining industry has chosen to curl up and die guietly rather than fight back, and metals investors
Sunday, July 20, 2014
Jesse - Le Cafe Américain
Is the New BRICS Bank a Challenge To US Global Monetary Power? 
"Brazil, Russia, India, China and South Africa have many allies in the G-20, the minister noted, naming Argentina, Mexico and Indonesia in particular. 'They speak in the common voice with BRICS in the G-20 on the reform of international financial system,' the diplomat said. BRICS countries are going to jointly demand implementation of the International Monetary Fund (IMF) reform during the G-20 summit being hosted by Australia in November.  The agreements to reform IMF quotas were reached
Sunday, July 20, 2014
Chris Powell - GATA
Ing, Celente, Farage interviewed by King World News
In interviews at King World News, market analyst John Ing notes gold's bounce back quickly after another "flash crash": http://kingworldnews.com/kingworldnews/KWN_DailyWeb/Entries/2014/7/19_Le... Trends forecaster Gerald Celente expects that war will distract people from the collapsing economy: http://kingworldnews.com/kingworldnews/KWN_DailyWeb/Entries/2014/7/18_Ge... And United Kingdom Independence Party leader Nigel Farage says Europe's banks remain disasters waiting to happen: http://kingwor
Saturday, July 19, 2014
Chris Powell - GATA
Gene Arensberg: Gold longs weren't stampeded as likely was expected last week
Last week's attack on gold in the futures market accomplished little dumping of long positions, the Got Gold Report's Gene Arensberg writes today. "With the gold trade (producer/merchants) having so few hedges now, and the mercenary swap-selling banks so overly short, and now with managed money showing us all that they were not running for the hills last Monday and Tuesday but instead more or less held their ground for a fight, would anyone actually feel comfortable on the short side with all th
Saturday, July 19, 2014
Egon von Greyerz - Matterhorn AM
Exchange Controls And Perfect Fake Gold & Silver Coins
King World News weekly – July 17, 2014 Greyerz: “Eric, the U.S. dollar hegemony and role as a reserve currency is soon going to come to an end. This will lead to a precipitous fall of the dollar. The further consequences will be severe U.S. exchange controls. It will be virtually impossible for private individuals to transfer any funds out of the United States. It won’t matter if the transfer is for investment purposes or for holiday use. The fall of the dollar will also lead to major press
Saturday, July 19, 2014
Chris Powell - GATA
Gene Arensberg: Silver was sold Tuesday at $104 million per minute for 30 minutes
Gene Arensberg of the Got Gold Report writes tonight that on Tuesday this week, as the monetary metals came under attack again from out of the blue, with the only news being Federal Chairwoman Janet Yellen's expression of reluctance to raise interest rates, someone sold silver at the rate of $104.5 million per minute for 30 minutes, more than $3 billion worth. Of course it was all paper silver, but still -- somebody had $3 billion to spend for silver price suppression and, perhaps, currency mar
Saturday, July 19, 2014
Chris Powell - GATA
Options expiration will help gold more than international turmoil, Sprott says
Sprott Asset Management CEO Eric Sprott, interviewed by Sprott Money News for their weekly market roundup, says he doesn't expect international turmoil to do much for gold, but economies are not recovering and he expects gold to do well after the price suppression connected to this month's futures options expiration. The interview is 8 minutes long and can be heard at the Sprott Money Internet site here: http://www.sprottmoney.com/sprott-money-weekly-wrap-up
Saturday, July 19, 2014
Jesse - Le Cafe Américain
SP 500 and NDX Futures Daily Charts - Nothing Can Stop the Market, Until it Does
The markets bounced back today as the algos shook off yesterday's Ukraine and Gaza jitters, and the momentum players came back in. Volatility fell on this options expiry. Have a pleasant weekend.
Saturday, July 19, 2014
Chris Powell - GATA
Alasdair Macleod: BIS seems to be edging away from dollar and toward gold
A recent interview with the general manager of the Bank for International Settlements, Jaime Caruana, suggests that the bank is edging away from Keynesianism, monetarism, and the U.S. dollar and becoming more partial to gold as the base of the international monetary order, GoldMoney research director Alasdair Macleod writes today. "Even though central bankers in the political firing line only know expansionary monetary policies," Macleod writes, "it is clear that influential opinion in many quar
Friday, July 18, 2014
Chris Powell - GATA
At KWN, Von Greyerz warns of bail-ins, exchange controls, counterfeit gold
Interviewed by King World News, Swiss gold fund manager Egon von Greyerz warns of bank bail-ins, exchange controls, and counterfeit gold bars: http://kingworldnews.com/kingworldnews/KWN_DailyWeb/Entries/2014/7/17_Ex...
Friday, July 18, 2014
Chris Powell - GATA
Dallas radio program interviews GATA Chairman Murphy
GATA Chairman Bill Murphy was interviewed for 13 minutes yesterday on the Dan Cofall program on KFXR-AM1190 in Dallas, discussing GATA's research into gold price suppression. The interview has been archived at Cofall's Internet site and begins at the 34:15 mark here: http://dancofall.com/?powerpress_pinw=2331-podcast
Friday, July 18, 2014
Jesse - Le Cafe Américain
SP 500 and NDX Futures Daily Charts - Skittish, Toombs, Skittish...
In this morning's commentary on The Recovery I ended with, "I wonder what time the next 'big event' will be?" About 45 minutes later I edited it out, as the news from Ukraine was breaking. I do not wish to traffic in human tragedy.   And I remember the families and those who have suffered loss. There is a bull market in chicken hawks.  It serves to distract and divert the jaded,  and besides, one must never waste a crisis. May the odds be ever in your favour. Have a pleasant evening.
Friday, July 18, 2014
Chris Powell - GATA
New York Sun: The Fed in danger
Congress, the New York Sun editorializes today, is beginning to notice the growing arbitrariness of the Federal Reserve's power, its involvement in presidential politics, and its failure to improve economic conditions, and critical questions are arising. The Sun's editorial is headlined "The Fed in Danger" and it's posted here: http://www.nysun.com/editorials/the-fed-in-danger/88785/
Thursday, July 17, 2014
Chris Powell - GATA
Roberts and Kranzler: Insider trading and financial terrorism on Comex
Former Assistant U.S. Treasury Paul Craig Roberts and market analyst Dave Kranzler explain the gold price smashdowns of the last few days in their new commentary, "Insider Trading and Financial Terrorism on Comex," posted at Roberts' Internet site here: http://www.paulcraigroberts.org/2014/07/16/insider-trading-financial-ter...
Thursday, July 17, 2014
Chris Powell - GATA
U.S. gold dealer launches first digital currency backed by bullion
By Frank Tang Reuters Wednesday, July 16, 2014 NEW YORK -- U.S. precious metals dealer Anthem Vault Inc. said on Wednesday it has launched the first digital currency backed by physical gold, with an aim to increase the use of bullion as an accepted form of electronic money. Las Vegas-based Anthem said it will launch 10 million "INNCoins" backed by 100 grams (3.5 ounces) of gold, with all coins expected to be in circulation by July 2015. "It should make gold more acceptable as a form of currency
Thursday, July 17, 2014
Jesse - Le Cafe Américain
The Recovery™ In One Chart
"Plunderers of the world, when nothing remains on the lands to which they have laid waste by wanton thievery, they search out across the seas.  The wealth of another region excites their greed; and if it is weak, their lust for power as well.  Nothing from the rising to the setting of the sun is enough for them. Among all others only they are compelled to attack the poor as well as the rich. Robbery, rape, and slaughter they falsely call empire; and where they make a desert, they call it peace
Thursday, July 17, 2014
Chris Powell - GATA
Amity Shlaes: You can take a vacation but inflation doesn't
While central bankers say there's not enough inflation, the historian Amity Shlaes writes this week that you might disagree if you try taking a vacation. Her commentary, "Inflation Vacation," is posted at National Review here: http://www.nationalreview.com/article/382859/inflation-vacation-amity-sh...
Thursday, July 17, 2014
Alasdair Macleod - Finance and Eco.
The new silver fix
In this interview with GoldMoney's Alasdair Macleod, SGT Report discusses Friday's news that the CME and Thomson Reuters have been chosen to run the replacement for the 117-year old London Silver Fix. To hear the full interview, please click here.
Thursday, July 17, 2014
Chris Powell - GATA
Koos Jansen: Huge increases in silver imports by India
India is reporting huge increases in silver imports, gold researcher and GATA consultant Koos Jansen reports today at Bullion Star: https://www.bullionstar.com/article/india%20imported%20713%20mt%20of%20s...
Thursday, July 17, 2014
Jesse - Le Cafe Américain
Gold Daily and Silver Weekly Charts - Mum's the Word
This is a verbatim comment from a principled conservative economist friend who will remain nameless and blameless. "Was at a Cato/Mercatus conference on The Way Forward in GSE Reform. I stood up and asked  'Every solution I have heard is just enriching government cronies and rent seekers. Is this all you've got?' Dead silence. Yes, it's all they got.  Rent-seekers and heart-breakers." Today I am reminded of the saying, 'if you don't have anything nice to say, then it's better to say nothing a
Thursday, July 17, 2014
Jesse - Le Cafe Américain
SP 500 and NDX Futures Daily Charts - Blue Skies, At Least Until September
eBay reported better than expected numbers after the bell. What a surprise. Stocks had an upward drift today, in a dull market trade. The VIX shows the markets are once again complacent. I would expect them to stay on a generally rosy trajectory until the Alibaba IPO can be spurted out in early August. The Street has a lot of vested interest in what may be one of the largest bell-ringing IPOs in history. Have a pleasant evening.
Thursday, July 17, 2014
Chris Powell - GATA
Leeb says Germany will never get its gold; Rule warns of bank collapses
Fund manager Stephen Leeb tells King World News that because of its cozying up to Russia and China, Germany will never recover its gold from the Federal Reserve Bank of New York: http://kingworldnews.com/kingworldnews/KWN_DailyWeb/Entries/2014/7/16_No... And Rick Rule of Sprott U.S. Global tells KWN that liquidity is not solvency and that bank collapses are a serious possibility: http://kingworldnews.com/kingworldnews/KWN_DailyWeb/Entries/2014/7/16_A_...
Thursday, July 17, 2014
Chris Powell - GATA
Bron Suchecki: GLD worries about failure of unallocated gold
The Perth Mint's Bron Suchecki reports that gold exchange-traded fund GLD is proposing an amendment to its procedures that expresses concern about the reliability of unallocated gold. Suchecki writes: "Why the need to clarify this now? Is there something the World Gold Council (which sponsors GLD) knows about the state of the market that didn't exist before?" Suchecki's commentary is headlined "GLD Amendment Refers to 'Unforeseen Reasons' for Unallocated Failure" and it's posted at his blog, Gol
Wednesday, July 16, 2014
Chris Powell - GATA
Koos Jansen: A new global currency setup is being conceived
Chinese speakers at the London Bullion Market Association forum in Singapore last month connected gold with creation of a new world currency system, gold researcher and GATA consultant Koos Jansen writes today, but the LBMA seems to be hiding their presentations. Jansen's commentary is headlined "ICBC: A New Global Currency Setup Is Being Conceived" and it's posted at Bullion Star here: https://www.bullionstar.com/article/icbc%20a%20new%20global%20currency%2...
Wednesday, July 16, 2014
Chris Powell - GATA
Gold fix banks said to propose changes to pricing process
By Nicholas Larkin Bloomberg News Wednesday, July 16, 2014 LONDON -- The banks running the century-old London gold fixing that's used by miners and central banks to trade and value metal are proposing changes to the process, according to two people with knowledge of the matter. The proposal is for an independent chairman and third-party administrator, said the people, who asked not to be identified because the information is private. Deutsche Bank AG’s exit from the process this year as it scale
Wednesday, July 16, 2014
Chris Powell - GATA
Rule glad that resource firms are out of favor, pitches conference in Vancouver
Patience will be rewarded in the resource sector, particularly for "leveraged" companies, companies whose profitability depends on rising resource prices, Sprott U.S. Holdings Chairman Rick Rule says in an interview with Henry Bonner for the Sprott Global Internet site. Rule adds that he is delighted that such companies are so out of favor. The interview is headlined "Will Gold, Silver Continue Higher in 2014? -- Rick Rule" and it's posted at Sprott Global here: http://sprottglobal.com/thought
Wednesday, July 16, 2014
Chris Powell - GATA
  With gold running out, Sprott expects a delivery failure
In a two-part interview today with King World News, Sprott Asset Management CEO Eric Sprott explains why he thinks the gold available for price suppression is running out -- http://kingworldnews.com/kingworldnews/KWN_DailyWeb/Entries/2014/7/15_Bi... -- and why he expects a delivery failure to trigger a big change in the market: http://kingworldnews.com/kingworldnews/KWN_DailyWeb/Entries/2014/7/15_Bi...
Wednesday, July 16, 2014
Chris Powell - GATA
The more obvious they are, the closer the day of deliverance
With the only news today that seemed to have any bearing on the gold price being bullish -- Federal Reserve Chairwoman Janet Yellen's testimony to a Senate committee that interest rates will remain low long after the current round of "quantitative easing" ends -- http://www.bloomberg.com/news/2014-07-15/yellen-says-high-degree-of-easi... -- how could gold futures prices be smashed for $25 out of the blue? Maybe the best general financial letter in the world, Bill King's The King Report, publish
Wednesday, July 16, 2014
Jesse - Le Cafe Américain
Gold Daily and Silver Weekly Charts - Bubbles Carries the Day - Hit the BRICS
There was a fairly obvious hit on the metals today, to add a bit to the declines experienced yesterday. Unless you are daytrading this type of thing ought not to be of any great concern. The miners were certainly taken out to the woodshed on these antics. It was a bit disappointing to see silver give up the 21 handle. Most would think that the slam on the metals, and that is clearly what it was, is coincident with Bubbles Yellen and her appearance be
Wednesday, July 16, 2014
Jesse - Le Cafe Américain
SP 500 and NDX Futures Daily Charts - Wobbly But Buoyant
After the bell Intel beat its numbers and Yahoo. missed. Yahoo also announced that they will be able to retain more shares of Alibaba than previously anticipated. As you may remember, Alibaba is expected to be one of the largest IPOs ever in August of this year. No doubt the wiseguys will seek to sustain the market until then. The handoff of stocks to mom and pop is underway however. I am thinking of a drop in the stock markets in the autumn. Otherwise, all is complacency despite the occ
Wednesday, July 16, 2014
Jesse - Le Cafe Américain
BRICS Launc $100 Billion Development Bank and Currency Reserve Pool
And so it begins.   The big changes happen slowly. I expect the BRICS to continue 'tinkering' with the meaning of reserve currency in the global financial system. Reuters India BRICS set up Bank to Counter Western hold on Global Finances By Alonso Soto and Anthony Boadle FORTALEZA Brazil Wed Jul 16, 2014 2:56am IST (Reuters) - Leaders of the BRICS emerging market nations launched a $100-billion development bank and a currency reserve pool on Tuesday in their first concret
Wednesday, July 16, 2014
Chris Powell - GATA
Jim Sinclair: Popular delusions and the madness of the crowd
By Jim Sinclair JSMineSet.com Monday, July 14, 2014 Manipulation such as the sale of $1.3 billion worth of paper gold at an illiquid time today is not to protect the dollar or bull the general equity market. It is to make money for the manipulators that want to cover their shorts here and begin to expand their long positions. That sale was a pure construct as there was no news to sustain the sell or to initiate it in the time span of its occurrence. ... ... For the full commentary: http://www.js
Tuesday, July 15, 2014
Chris Powell - GATA
Turk on monetary metals paper smash: It's tough living with the irony
GoldMoney founder and GATA consultant James Turk, interviewed by King World News, discusses today's highly orchestrated paper smash in the gold and silver futures markets. "It is tough living with the irony of it all," Turk says. "There are record high prices everywhere except the gold price and the silver price. Many stocks, bonds, works of art, and real estate in many safe havens around the world are already at historic highs. But it will change." Turk's comments are excerpted at the KWN blog
Tuesday, July 15, 2014
Chris Powell - GATA
Sprott's Embry, MineWeb's Williams criticize Casey's claim to omniscience
Dear Friend and GATA and Gold: Sprott Asset Management's John Embry and MineWeb's Lawrence Williams today criticize Casey Research founder Doug Casey's assertion last week that complaints of gold price suppression are "ridiculous." "I take that as a personal affront," Embry says in an interview with King World News. "I've been around markets on a day-to-day basis longer than he has, and I can guarantee you I can identify a market that is being manipulated. And both the gold and silver markets ar
Tuesday, July 15, 2014
Chris Powell - GATA
Investigators needn't have left Washington to search for forex riggers
By Daniel Schafer and Caroline Binham Financial Times, London Monday, July 14, 2014 U.S. prosecutors are offering immunity deals to junior traders in London as they try to gather evidence against banks and more senior staff in the investigation into alleged currency market manipulation. U.S. Department of Justice staff have flown to the U.K. in recent weeks to interview foreign exchange traders, who have been offered partial immunity in exchange for volunteering information about superiors, peop
Tuesday, July 15, 2014
Chris Powell - GATA
Yellen tells magazine Fed's easy money will be needed even after recovery
By Jonathan Spicer Reuters Monday, July 14, 2014 The Federal Reserve will still need to deliver "unusually accommodative" monetary policy even once the U.S. economy returns to "where we want it to be," Fed Chair Janet Yellen was quoted as saying in a magazine article. The New Yorker, which interviewed Yellen three times in the last few months, in its July 21 issue quoted her as saying the economy still faced headwinds. "And so even when the headwinds have diminished to the point where the econom
Tuesday, July 15, 2014
Jesse - Le Cafe Américain
Gold Daily and Silver Weekly Charts - Liberté, Liberté Chérie
The hit on the metals began in the quiet overnight hours and received some additional momentum on the New York open. Well, after all, tomorrow is when Bubbles Yellen gives her Humphrey-Hawkins testimony to the Congress. That was a very close World Cup final game yesterday, for those who actually watched it before commenting on it. While it was largely a defensive battle, Argentina gave up a few opportunities to score that I am sure will be to their regrets in retrospect. Götze's goal for Ge
Tuesday, July 15, 2014
Jesse - Le Cafe Américain
NAV Premiums of Certain Precious Metal Trusts and Funds - Another Gold Withdrawal From Sprott
There was another redemption of gold from the Sprott Physical Gold Trust, of about 6,150 ounces, with a commensurate reduction in units since the last time I updated this chart near the end of June.
Tuesday, July 15, 2014
Chris Powell - GATA
Koos Jansen: Demand on Shanghai Gold Exchange remains steady
Withdrawals from the Shanghai Gold Exchange for the week ending July 4 were very close to withdrawals for the previous week, continuing at a rate that, annualized, would reach 1,900 tonnes, according to gold researcher and GATA consultant Koos Jansen's report today. But, Jansen writes, Shanghai gold has been trading at a slight discount to London gold, indicating no shortage in China at the moment. Jansen's analysis has begun to be posted at the Bullion Star Internet site -- https://www.bullions
Tuesday, July 15, 2014
James Turk - Goldmoney
Interview with James Turk and Symposium
James Turk, Founder & Director of GoldMoney, co-author of "The Money Bubble – What to do before it pops", and keynote speaker at the 7th Gold Investment Symposium being held in Sydney, 8-9 October 2014. Listen to the interview here.
Monday, July 14, 2014
Chris Powell - GATA
  John Dizard: US dollar-clearing rules make gold the new green
By John Dizard Financial Times, London Friday, July 11, 2014 http://www.ft.com/intl/cms/s/0/feedf9cc-08e0-11e4-8d27-00144feab7de.html... Pecunia non olet. (Money has no smell.) -- Emperor Vespasian (69-79) to his son, Titus, when Titus protested a tax on urine. * * * There is a fresh wind behind the dollar price of gold, which is also increasing the reported and unreported volumes of physical trading in the metal. Thanks to what one (non-banker) friend of mine calls the "dangerously stupid" pun
Monday, July 14, 2014
Chris Powell - GATA
GoldSeek Radio's Chris Waltzek interviews GATA Chairman Bill Murphy
GoldSeek Radio's Chris Waltzek this week interviewed GATA Chairman Bill Murphy about what seem like the increasing difficulties of the gold cartel -- signs that price suppression may be coming to an end. The interview is 10 minutes long and begins at the 9:13 mark here: http://news.goldseek.com/radio/1405299600.php
Sunday, July 13, 2014
Chris Powell - GATA
Join GATA and help question Greenspan at the New Orleans conference
Dear Friend and GATA and Gold: GATA again will have a big part in this year's New Orleans Investment Conference, to be held Wednesday through Saturday, October 22 to 25, what with GATA Chairman Bill Murphy and your secretary/treasurer speaking and former Federal Reserve Chairman Alan Greenspan appearing as well and responding to questions about gold. Additionally, the conference has generously offered to pay GATA a commission for every GATA supporter who registers for the conference. So please
Sunday, July 13, 2014
Chris Powell - GATA
Gene Arensberg: Big silver shorts flinched last week
The Got Gold Report's Gene Arensberg writes today that he thinks he saw the big shorts in silver flinch last week and still considers a short squeeze to be likely. His data-packed commentary identifies what he thinks are the major combatants in the silver futures market. Arensberg's commentary is headlined "Comex Silver Traders in Commitment of Traders Mexican Standoff, Short Squeeze Remains Likely" and it's posted at the GGR here: http://www.gotgoldreport.com/2014/07/comex-silver-traders-in-com
Saturday, July 12, 2014
Chris Powell - GATA
Central bank policy is failing and metals are firming, Sprott says
Central bank policy is failing to revive economies, in the United States part-time jobs are replacing full-time jobs, and the monetary metals are standing up well against enormous shorting in the futures market, Sprott Asset Management CEO Eric Sprott tells Jeff Rutherford of the Sprott Money News weekly market wrapup. It's 8 minutes long and can be heard here: http://www.sprottmoney.com/sprott-money-weekly-wrap-up
Saturday, July 12, 2014
Chris Powell - GATA
Gene Arensberg: COT turning point?
Even with their recent big increase in short positions in gold futures, the Got Gold Report's Gene Arensberg writes tonight, the major commercial traders remain well below what used to be their normal short positioning. So Arensberg wonders if a change in the gold market is underway. His commentary is headlined "COT Turning Point?" and it's posted at the Got Gold Report here: http://www.gotgoldreport.com/2014/07/cot-turning-point-.html
Saturday, July 12, 2014
David Jensen
Palladium Price Premia
This interview with Jay Taylor discusses price premia of $130 per oz. of palladium and $80 per oz. of platinum in Shanghai vs. the London/NY markets. We also discuss how the paper metals markets can fail as real metal markets like Shanghai develop. Given PGM price premia (PGM inventories aren't held by central banks) that we are seeing in Shanghai, as this moves to silver and gold as well, ultimately sellers of precious metals are going to migrate from London & NY to exchanges that dea
Saturday, July 12, 2014
Chris Powell - GATA
CME, Thomson Reuters win competition to replace century-old silver benchmark
By Clara Denina and Jan Harvey Reuters Friday, July 11, 2014 LONDON -- CME Group and Thomson Reuters will operate an electronic silver benchmark when the 117-year-old "fix" is disbanded in August, in a move widely seen preceding sweeping reforms of precious metals price-setting. The London Bullion Market Association said in a statement on Friday that CME Group will provide a price platform and methodology for the daily process, while Thomson Reuters is responsible for administration and governan
Friday, July 11, 2014
Chris Powell - GATA
Bron Suchecki: India's gold swap explained by failure to increase imports
Dear Friend and GATA and Gold: The Perth Mint's Bron Suchecki sees the Indian government's new gold swap -- the release of central bank gold in India simultaneous to the bank's acquisition of gold (or gold paper) in London -- as a mechanism for taking pressure off the domestic gold market without worsening the government's foreign exchange position. But, Suchecki adds, "as we are dealing with central banks, where transparency even on simple matters is rare to come by, we just don't know what the
Friday, July 11, 2014
Chris Powell - GATA
Alasdair Macleod: Unwinding unallocated gold accounts
The growing likelihood that banks will be rescued not by governments but by "bail-ins" by their depositors may hasten the conversion of unallocated gold accounts to allocated gold accounts and put upward pressure on the gold price, GoldMoney research director Alasdair Macleod writes today. His commentary is headlined "Unwinding Unallocated Gold Accounts" and it's posted at GoldMoney here: http://www.goldmoney.com/research/analysis/unwinding-unallocated-gold-ac...
Friday, July 11, 2014
Chris Powell - GATA
Mike Kosares: Summer surprise update
Mike Kosares of Centennial Precious Metals in Denver today updates his speculation about a possible "summer surprise" in gold. He also presents a chart showing that the gold price has usually correlated closely with the monetary base calculation of the Federal Reserve Bank of St. Louis and that the correlation abruptly broke down last April with the smashing of the gold price, what GATA and others have identified as desperate intervention by Western central banks. In any case, as Kosares notes,
Friday, July 11, 2014
Jesse - Le Cafe Américain
Gold Daily and Silver Weekly Charts - Watch Silver
The precious metals had an interesting pop this morning on equity weakness, but like most light volume sleepy days in Summer that did not last. Gold had an interesting spike up to about 1344, but I am watching silver for any clues on which way the metals are heading, and so far silver is playing rope-a-dope on any pullbacks, hanging on to 21. There was some movement in the silver warehouses, with CNT providing the flow. If we do get any kind of metals breakout I think it will happen after the
Friday, July 11, 2014
Chris Powell - GATA
European banks in big trouble, von Greyerez tells KWN
Swiss gold fund manager Egon von Greyerz today tells King World News about serious trouble in the European banking system, the world's shift away from the U.S. dollar, and the likelihood that more money creation will only collapse currencies. Von Greyerz's interview is excerpted at the KWN blog here: http://kingworldnews.com/kingworldnews/KWN_DailyWeb/Entries/2014/7/10_Th...
Friday, July 11, 2014
Alasdair Macleod - Finance and Eco.
Don’t waste time fixing gold fix, it’s obsolete
Does the system of fixing the daily price of gold in London really need fixing, or should it be allowed to fade into the annals of history? Read the full story featuring GoldMoney's Alasdair Macleod The Telegraph.
Thursday, July 10, 2014
Chris Powell - GATA
GATA's Ed Steer interviewed by Sprott Money about gold market manipulation
GATA board member Ed Steer, editor of Ed Steer's Gold & Silver Daily letter, published by Casey Research, was interviewed a few days ago by Sprott Money News about gold market manipulation and the Indian government's plan for back-door intervention in the market. The interview is 4 1/2 minutes long and can be heard at the Sprott Money Internet site here: http://www.sprottmoney.com/sprott-money-weekly-wrap-up
Thursday, July 10, 2014
Chris Powell - GATA
Meet the new boss, same as the old boss
By Neil Hume and Xan Rice Financial Times, London Wednesday, July 9, 2014 http://www.ft.com/intl/cms/s/0/b0628dc8-076d-11e4-81c6-00144feab7de.html A joint proposal by Thomson Reuters, the data and news service, and exchange operator CME Group has emerged as the frontrunner to provide a new global silver price benchmark when the 117-year old London silver fix is disbanded in August. However, it faces a last-minute challenge from the London Metal Exchange that has joined forces with Autilla, a tec
Thursday, July 10, 2014
Jesse - Le Cafe Américain
Gold Daily and Silver Weekly Charts - Gold Pops Back, Economy Falters
"True bravery is always an act of love, of family and friends, of truth, duty, and honor. To stand and face the unknown requires that we care for something more than ourselves. There is no greater act than to move forward with our heart while our mind tells us to flee." Thanks to Bill Murphy for resurrecting that old quote of mine above from 9-11-07. Much as I would like to serve up some legendary comments about the intense action in the precious metals markets today, the fact of the matter is
Thursday, July 10, 2014
Jesse - Le Cafe Américain
SP 500 and NDX Futures Daily Charts - Bow Wow
Today was another dull day, with a dead cat bounce off the lows of the past couple of days. Tomorrow will tell us if this is a real rally back, or just reflexive dip buying. The FOMC minutes were the big tickle today, showing that the Fed will stay on a steady taper pace to end QE in October. Some of the Fed members noticed that the markets seem 'complacent.' Wow. What a surprise. Floating higher on a bubble of easy money, hand delivered to some. Have a pleasant evening.
Thursday, July 10, 2014
Chris Powell - GATA
Rule, Leeb tell KWN that commodity run has far to go
Dear Friend and GATA and Gold: At King World News, Sprott Asset Management's Rick Rule explains why he still has great faith in a commodities boom. "Four billion people worldwide are becoming fairly rapidly more rich, albeit from a low basis," Rule says. "They aspire to the same standard of living you and I have, and that's a material standard of living. This idea that the secular bull market in raw materials has somehow run its course is preposterous because it ignores mathematics and demograph
Thursday, July 10, 2014
Julian D. W. Phillips - Gold Forecaster
Gold & Silver Market Morning
Gold Today – The gold price closed at $1,319.70 10 cents higher than Tuesday in New York. In Asia, prices rose to $1,323.00 ahead of the London’ opening. London held the gold price around that level then the Fix was set at $1,322.50 up $4.25 and in the euro at €971.712 up €2.482, while the euro was slightly stronger at $1.3610. Ahead of New York’s opening, gold was trading at $1,323.80 and in the euro at €972.56.Silver Today – The silver price closed in New York at $21.04 up 1 cent. Ahead of New
Wednesday, July 09, 2014
Chris Powell - GATA
TF Metals Report: Understanding the latest bank participation report
The TF Metals Report's Turd Ferguson today construes the latest trader positioning data in gold futures in support of his premise that the big bullion banks are flipping between long and short to suppress the price because their gold vaults are nearly empty. Ferguson's commentary is headlined "Understanding the Latest Bank Participation Report" and it's posted at the TF Metals Report here: http://www.tfmetalsreport.com/blog/5918/understanding-latest-bank-partic...
Wednesday, July 09, 2014
Alasdair Macleod - Finance and Eco.
Alternative investments the way to diversify
Guests at a recent Alternative Investment seminar organised by GoldMoney, heard how now is the time to take a look at their investment portfolios and consider if they are adequately diversified. The panel of experts included: Alasdair Macleod, GoldMoney's Head of Research, Nigel Pascoe, Skipton International's Director of Lending and Keith Heddle, Stanley Gibbons' Group Investment Director. Read the full article in July's Connect magazine.
Wednesday, July 09, 2014
Jesse - Le Cafe Américain
SP 500 and NDX Futures Daily Charts - Alcoa Kicks Off the 2Q Earnings Season
After the bell Alcoa beat earnings and revenues to kick off the second quarter earnings season. It was interesting to hear Matt Miller and Barry Ritholtz on Bloomberg TV extrapolating a strong year for the SP 500 stocks off this one result.  And it was funny to see Julie Hyman correct Barry's mistake about the increase in Alcoa's revenues, which were flat year over year.  She is often a breath of fresh air in the fog of endless jawboning. I did take off the short position I had put on US equit
Wednesday, July 09, 2014
James Turk - Goldmoney
Turk: Bursting Money Bubble Could Inflate Gold To $12,000
Founder of GoldMoney talks to Hard Assets Investor about his new book and the outlook for gold. Turk's 2004 book, "The Coming Collapse of the Dollar," recommended buying gold and betting against the housing bubble, which were two of the best investment ideas of the decade. His latest book is "The Money Bubble: What To Do Before It Pops." HAI Managing Editor Sumit Roy caught up with Turk to discuss his new book and what it means for the financial markets and gold. Read the full interview at Hard
Tuesday, July 08, 2014
Jesse - Le Cafe Américain
SP 500 and NDX Futures Daily Charts - Dog Days
An exceptionally boring day as the US markets reopened after the three day holiday weekend. Stocks were weak for most of the day, but rebounded slightly off the lows into the close. These are the real dog days of summer, and volumes are lackluster to say the least. Have a pleasant evening.
Tuesday, July 08, 2014
Jesse - Le Cafe Américain
Gold Daily and Silver Weekly Charts - Gold and Silver Cap and Consolidate
Not much happened in the gold and silver markets, with both closing almost unchanged. This was a very dull trade, with more nonsensical things being said in the media. Dave from Denver reports that there were some gyrations in the JNUG junior miners ETF into the close: "At 3:59 p.m. 60,000 shares of JNUG trade and drop the price from a high of $27.05 to a low of $26.43 - all within 60 seconds. Then at the close, 30,000 shares trade and cause JNUG to bounce back up to its close of $27.06
Tuesday, July 08, 2014
Julian D. W. Phillips - Gold Forecaster
Gold & Silver Market Morning 
Gold Today – The gold price closed at $1,319.60 on Friday in New York. In Asia prices pulled back to $1,312 ahead of the London’ opening. In London it began to recover through $1,314 after the dollar, initially slightly stronger began to weaken again. The Fix gold was setat $1,313.25 down $8.25 and in the euro at €965.838 down €6.497, while the euro was weaker at $1.3597. Ahead of New York’s opening, gold was trading at $1,313.80 and in the euro at €966.88.Silver Today – The silver price opened
Monday, July 07, 2014
Alasdair Macleod - Finance and Eco.
Precious metals hike, under forecasts and analysis
Alasdair Macleod speaks to Alex Iszatt on Dukascopy TV's Commodities Corner. Dukascopy Bank is a Swiss innovative online bank providing Internet based and mobile trading services (with focus on foreign exchange, bullion and binaries), banking and other financial services through innovative proprietary technological solutions. To watch and listen to the interview, please visit Dukascopy TV.
Monday, July 07, 2014
Perth Mint Blog - Perth Mint Blog.
New 1/2oz Silver Bullion Coin Marks Major World War II Battle
BULLION BARS AND COINS The Battle of the Coral Sea was fought off the north-east coast of Australia during 4 to 8 May 1942 between the Imperial Japanese Navy and allied naval and air forces from the United States and Australia. A highly significant Second World War engagement, it effectively stopped the Japanese advance to the south and has been referred to as the 'battle that saved Australia'. The Perth Mint is delighted to offer investors a new bullion coin marking this famous encounter. S
Monday, July 07, 2014
Jesse - Le Cafe Américain
Moyers: The Truth Versus Washington DC's Propaganda Machines
Related: Why I Left 60 Minutes by Charles Lewis
Sunday, July 06, 2014
Jesse - Le Cafe Américain
Gold Daily and Silver Weekly Charts - Another Dog that Did Not Bark - Shanghai Silver 
The 'headline numbers' for the Non-Farm Payrolls came in better than expected. Gold and silver held their places well, and especially silver which is now the lead sled dog for my thinking.  This is because July is an active month on the Comex of course but also because of the levels of physical inventory, both here and abroad. Shanghai silver bullion inventory levels fall to lowest on record. I took a look at the payroll numbers and did not see anything brazenly o
Friday, July 04, 2014
Julian D. W. Phillips - Gold Forecaster
Gold & Silver Market Morning
Gold Today – The gold price closed at $1,319.60 down $7.30 Thursday in New York. In Asia prices rose to $1,321 ahead of the London Fix which was set at $1,321.50 down $1.00 and in the euro at €972.335 up €3.754, while the euro was weaker at $1.3591 down over half a cent. Thereafter, gold held at roughly the same level being moved by dealers and arbitrageurs in line with the $: € exchange rate, clearly unimpressed by the success of the American Revolution.Silver Today – The silver price closed at
Friday, July 04, 2014
Jesse - Le Cafe Américain
SP 500 and NDX Futures Daily Charts - Dow 17,000
The Dow Industrial Average closed over 17,000 for the first time today. The markets are now closed, in early observance of the 4th of July national holiday. The equity markets are becoming overextended here. They more become a little more overextended before this nonsense is done, and then we will see a pullback of sorts. Wash and rinse. Have a nice holiday weekend.
Thursday, July 03, 2014
Jesse - Le Cafe Américain
  Gold Daily and Silver Weekly Charts - Another Dog that Did Not Bark 
The 'headline numbers' for the Non-Farm Payrolls came in better than expected. Gold and silver held their places well, and especially silver which is now the lead sled dog for my thinking. I took a look at them and did not see anything brazenly out of line. Except of course that it is not the number of jobs being added, unless you are some metric toting bureaucrat trying to hit some number as a symbolic victory. No, it is all about the quality of the jobs, especially the median wage and pe
Thursday, July 03, 2014
Julian D. W. Phillips - Gold Forecaster
Gold & Silver Market Morning
Gold Today – The gold price closed at $1,326.90 up 10 cents on Wednesday in New York. In Asia prices dropped to $1,321 ahead of the London Fix which was set at $1,322.50 down $4.25 and in the euro at €968.581 down €2.401, while the euro stood almost unchanged at $1.3654. Ahead of the opening in New York the gold price was trading at $1,323.10 and in the euro at €969.06.Silver Today – The silver price closed at $21.16 up 11 cents, in New York. Ahead of New York’s opening, silver was trading at $2
Thursday, July 03, 2014
Jesse - Le Cafe Américain
Gold Daily and Silver Weekly Charts - Stonewall Silver
Nothing really interesting happened yesterday in the warehouses of The Comex. And no surprise there. And nothing really happened in the gold and silver markets in New York today.  Silver is still proving to be remarkably resilient in its active month. This is a sleepy week, and bound to get a lot sleepier quickly after the Non-Farm Payrolls report comes out on Thursday morning. I assume the algos have been pre-programmed, the junior traders firmly instructed, and the second tier shills prov
Thursday, July 03, 2014
Jesse - Le Cafe Américain
  SP 500 and NDX Futures Daily Charts - The Irresponsibles
"It is a question the historians will ask with interest - the gentle, detached, not altogether loving interest with which historians have always questioned the impotent spirits of the dead. Young men working in the paper rubbish of our lives, the old journals, the marginal notations, the printed works, will discover (or so they will think) that the scholars and the writers of our generation in this country had been warned of danger as men were rarely warned before. They will discover (or so th
Thursday, July 03, 2014

Advertising