Daily Market Update

Bernanke buys Bear Stearns traders’ Maseratis

Jim Rogers was his usual outspoken self when interviewed on Bloomberg’s Morning Call. Breathing fire from the start he stated his disdain for the Fed’s supposed ‘strong dollar policy’ (“Do you even bother reporting that anymore?”):

Anyone who is watching or listening to this should get out of the dollar because the Fed has given up

Interviewer: Where do we go from now?

Throughout history the place to be when a currency has been under duress is to be in real assets…I own gold, I own Oil, I own all the stuff

He also has a few choice words for Ben Bernanke and the Bear Stearns bailout. Watch the video here.

Those Maseratis don’t buy themselves.

Mark OByrne


Gold’s Time Is Nigh

Gold and Silver Bullion - News and Commentary Gold little changed amid firm dollar (Reuters.com) Bitcoin Futures Trading Brings Crypto Into Mainstream (Reuters.com) Bitcoin exchange warns customers of system collapse if prices crash (CityAM.com) Investors Told to Brace for Steepest Rate[...]


98,750,067,000,000 Reasons to Be Worried About 2018

Gold and Silver Bullion - News and Commentary Gold inches up from near five-month low ahead of Fed meeting (Reuters.com) Gold slightly higher ahead of Fed meeting (Reuters.com) Asia shares take breather, Brent oil breaks above $65 (Reuters.com) Asia Stocks Mixed[...]


Gold and Silver Bullion – News and Prices

Gold and Silver Bullion - News and Commentary Asian Stocks Fall as Miners Decline; Yen Gains (Bloomberg.com) Gold prices ease despite slightly weaker dollar (Reuters.com) Bitcoin Hits New All-Time High Above $12,250 (GoldSeek.com) Don’t Expect Gold to Go Wild Next Year[...]