News and Commentary
Gold inches higher as Asian stocks slip (Reuters.com)
Gold Prices Advance on Rise in Dollar (Investing.com)
Govt sets up $100m gold sector fund (Herald.co.zw)
India’s gold imports rise on new duty concerns (Mubasher.info)
Gold markets: Asian stocks, Saudi Arabia, Italy, Brexit in focus (CNBC.com)
The last time gold speculators went from that short with a huge cover was March 1999. Source: ZeroHedge
Gold Shorts Suffer Biggest Squeeze Since 1999 As Specs Abandon VIX-Selling Spree (ZeroHedge.com)
This Is What A Paper Gold Short Squeeze Looks Like (DollarCollapse.com)
Dollar Libor at a 10-Year High Adds to Global Funding Headwinds (Bloomberg.com)
Italian Bonds Don’t Have History on Their Side (Bloomberg.com)
Italy’s Banks at Risk From Widening Spread, League Official Says (Bloomberg.com)
Listen on SoundCloud , Blubrry & iTunes. Watch on YouTube below
Gold Prices (LBMA AM)
19 Oct: USD 1,228.25, GBP 942.44 & EUR 1,073.12 per ounce
18 Oct: USD 1,224.60, GBP 933.76 & EUR 1,062.83 per ounce
17 Oct: USD 1,226.75, GBP 933.68 & EUR 1,061.38 per ounce
16 Oct: USD 1,228.85, GBP 931.35 & EUR 1,061.73 per ounce
15 Oct: USD 1,233.00, GBP 937.70 & EUR 1,064.45 per ounce
12 Oct: USD 1,218.75, GBP 922.11 & EUR 1,052.15 per ounce
Silver Prices (LBMA)
19 Oct: USD 14.61, GBP 11.21 & EUR 12.75 per ounce
18 Oct: USD 14.52, GBP 11.06 & EUR 12.60 per ounce
17 Oct: USD 14.65, GBP 11.16 & EUR 12.69 per ounce
16 Oct: USD 14.76, GBP 11.16 & EUR 12.74 per ounce
15 Oct: USD 14.74, GBP 11.19 & EUR 12.71 per ounce
12 Oct: USD 14.60, GBP 11.04 & EUR 12.60 per ounce
Recent Market Updates
– Gold Reserves Surge 1,000% In Hungary As It Joins Poland, Russia, China and Other Central Banks Buying Gold
– How Do You Sell Your Digital Gold When the Internet Goes Down?
– IMF Issues Dire Warning – ‘Great Depression’ Ahead?
– Poland Raises Gold Holdings to Record High in September – IMF
– Why It’s Worth Holding Gold Bullion in Your Portfolio
– Gold’s Best Day In 2 Years Sees 2.5 Percent Gain As Global Stocks Sell Off – This Week’s Golden Nuggets
– Gold Up 2.5 Percent As Global Stock Rout Spreads To Europe
– “Gold Is On The Cusp” Of An “Explosion Higher” As Stock and Tech “Crash Is Coming”
– Gold Bottoms As Gold Industry Consolidates and Weak Hands Capitulate
