21
Sep
2017

Gold’s Investment Case “Compelling” As Fed Likely To Create Next Recession

Gold and Silver Bullion – News and Commentary

Gold slides below $1,300 after Fed’s rate-hike hint (MarketWatch.com)

Crude Oil Price Hit 4-Month High, Gold Drops on FOMC Outcome (DailyFX.com)

Gold falls 1 pct, hits 3-week low after Fed statement (Reuters.com)

Fed approves October reversal of historic stimulus, leaves rates unchanged (CNBC.com)

Fed keeps rates steady, approves portfolio cuts in October (Reuters.com)

Total global debt stands at all-time high. Source: Source: IIF, BIS, Haver, U.S. Global Investors

Gold’s Investment Case “Compelling” As Fed Likely To Create Next Recession – Holmes (Gold.org)

‘Secret Monetary Policy’: Who Manipulates Gold Prices and Why (SputnikNews.com)

How “Bit Bugs” Are The New Gold Bugs (StansBerrychurcHouse.com)

World’s Biggest Wealth Fund Hits $1 Trillion (Bloomberg.com)

America Is Going Broke… and Nobody Cares (BonnerAndPartners.com)

Gold Prices (LBMA AM)

21 Sep: USD 1,297.35, GBP 960.56 & EUR 1,089.00 per ounce
20 Sep: USD 1,314.90, GBP 970.53 & EUR 1,094.79 per ounce
19 Sep: USD 1,308.45, GBP 969.30 & EUR 1,091.25 per ounce
18 Sep: USD 1,314.40, GBP 970.16 & EUR 1,100.68 per ounce
15 Sep: USD 1,325.00, GBP 977.32 & EUR 1,109.16 per ounce
14 Sep: USD 1,323.00, GBP 1,002.44 & EUR 1,111.58 per ounce
13 Sep: USD 1,332.25, GBP 1,003.85 & EUR 1,112.43 per ounce

Silver Prices (LBMA)

21 Sep: USD 16.95, GBP 12.58 & EUR 14.24 per ounce
20 Sep: USD 17.38, GBP 12.84 & EUR 14.48 per ounce
19 Sep: USD 17.15, GBP 12.70 & EUR 14.31 per ounce
18 Sep: USD 17.53, GBP 12.94 & EUR 14.66 per ounce
15 Sep: USD 17.70, GBP 13.03 & EUR 14.81 per ounce
14 Sep: USD 17.75, GBP 13.40 & EUR 14.91 per ounce
13 Sep: USD 17.91, GBP 13.50 & EUR 14.94 per ounce


Recent Market Updates

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– Physical Gold In Vault Is “True Hedge of Last Resort” – Goldman Sachs
– Bitcoin Falls 20% as Mobius and Chinese Regulators Warn

Mark O'Byrne
Executive Director