Gold and Silver Bullion – News and Commentary
As Investors See World Beset by Risk, Gold Rebounds From Tumble (Bloomberg)
Gold edges up after falling to over 3-month lows (Reuters)
Gold Drops Below $1,300 to Lowest Since June on Fed Rate Concern (Bloomberg)
IMF sees pickup in U.S. inflation sooner than Fed does (Marketwatch)
Fed’s Lacker says rates might need to rise a lot, case for hike strong (Reuters)
Why Gold Is Down 3% And What Investors Need To Know (Nasdaq.com)
Staggering 1,000 Tonnes Of Paper Gold Rinsed Out Of Market In Today’s Takedown (King World News)
How arrogant Deutsche Bank fell from grace (Marketwatch)
Obama Warned to Defuse Tensions with Russia (Consortium News)
Bill Gross says global markets are one big casino created by central banks (Marketwatch)
Gold Prices (LBMA AM)
05Oct: USD 1,274.00, GBP 1,001.11 & EUR 1,134.37 per ounce
04Oct: USD 1,309.15, GBP 1,026.90 & EUR 1,172.21 per ounce
03Oct: USD 1,318.65, GBP 1,023.40 & EUR 1,173.99 per ounce
30Sep: USD 1,327.90, GBP 1,025.01 & EUR 1,187.67 per ounce
29Sep: USD 1,320.85, GBP 1,016.92 & EUR 1,177.14 per ounce
28Sep: USD 1,324.80, GBP 1,020.10 & EUR 1,181.06 per ounce
27Sep: USD 1,335.85, GBP 1,031.01 & EUR 1,187.84 per ounce
Silver Prices (LBMA)
05Oct: USD 17.80, GBP 13.99 & EUR 15.86 per ounce
04Oct: USD 18.74, GBP 14.68 & EUR 16.78 per ounce
03Oct: USD 19.18, GBP 14.89 & EUR 17.07 per ounce
30Sep: USD 19.35, GBP 14.92 & EUR 17.33 per ounce
29Sep: USD 19.01, GBP 14.61 & EUR 16.95 per ounce
28Sep: USD 19.12, GBP 14.69 & EUR 17.05 per ounce
27Sep: USD 19.42, GBP 14.99 & EUR 17.26 per ounce
Recent Market Updates
– Deutsche Bank “Is Probably Insolvent”
– GBP Gold Rises 1.3% as Sterling Slumps On ‘Hard Brexit’ Concerns, Up 36% YTD
– Why Krugman, Roubini, Rogoff And Buffett Hate Gold
– ECB Refused “To Answer Questions” – Deutsche Bank “Systemic Threat” Is “Not ECB Fault”
– Euro “Might Start To Unravel” If Collapse Of Deutsche Bank
– Do You Really Own Your Gold?
– “Gold Will Likely Soar To A Record Within Five Years”
– Savings Guarantee? U.N. Warns Next Financial Crisis Imminent
– Gold Up 1.5%, Silver Surges 3% – Yellen Stays Ultra Loose At 0.25%
– Trump and Clinton Are “Positive For Gold” – $1,900/oz by End of Year
– Gold Bugs Rejoice – Central Banks Think You’re On To Something
– ‘Hard’ Brexit Looms For Ireland
– EU Bail In Rules Ignored By Italy – Mother Of All Systemic Threats and World War?