Deliverable Gold Falls To a New Low Of 725,000 Ounces

“There was a transfer of 43,575 ounces out of the deliverable (registered) category to eligible storage with the JP Morgan warehouse, bringing the total gold in the registered category to 725,030 ounces. Friday will be the last day for August delivery. The next delivery month will be October.”   Continue reading on http://jessescrossroadscafe.blogspot.com

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What We Are Witnessing In The Gold Market Is Truly Historic

“With gold and silver consolidating recent gains, today James Turk told King World News that the continued backwardation in gold is truly historic, especially after the massive rally off the recent lows.  Turk also spoke with KWN about silver and what he expects from both metals going forward in this powerful interview.”   Continue reading […]

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Gold Daily and Silver Weekly Charts – Though the Heavens May Fall

“Silver was quite volatile as the new holders of September contracts were given a wild ride last night and today, with gold largely riding on the silver surfer’s wave. The drums are playing a martial tune, and the markets wait with some anxiety. The bears had all they could manage to keep the price of […]

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Cooked Books: The Technical Bankruptcy of the Government Is Kicked Out Another Six Weeks

“The U.S. government’s debt has been locked in at this implausible limit for three months: $16,699,396,000,000. The Secretary of the Treasury says that it will not hit the ceiling until mid-October. The BBC reports this. The country’s borrowing limit is currently capped at $16.7tn (£10.7tn).”Extraordinary measures are projected to be exhausted in the middle of […]

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The Chart That Every Taxpayer Deserves To See

“You may be aware that the Congressional Budget Office (CBO) is due to release its 2013 Long-term Budget Outlook in September.  In “Previewing the Bad News That’s Likely to Complicate the Debt Ceiling Battle,” I offered an early look at what’s sure to be a significant change from the CBO’s 2012 report.”   Continue reading […]

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BoJ Will Continue Easing Until Inflation Stabilizes At 2%, Says Iwata

“The Bank of Japan will continue quantitative and qualitative easing until inflation stabilizes at 2 percent, Deputy Governor Kikuo Iwata said Wednesday. He reiterated that the BoJ will achieve its 2 percent inflation target at the earliest possible time, with a time horizon of about 2 years.”   Continue reading on rttnews.com

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Bank of England Ready to Inject More Stimulus, Carney Says

“Bank of England Gov. Mark Carney, in his debut speech on Wednesday, announced new measures to boost lending in the U.K. and said the central bank is ready to step in with fresh stimulus if the country’s economic recovery falters. Once again, however, his message seems to have fallen on deaf ears: U.K. government bonds […]

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THIS IS WHY YOU OWN PHYSICAL GOLD

“I love listening to the anti-gold nitwits who call it a barbaric relic. They put their faith in pieces of paper produced by central bankers and politicians. Do you need any more proof than what is happening to the people of India? Their politicians have been running large deficits over the last few years. They […]

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Silver Price Forecast: Gold/Silver Ratio Signals Much Higher Silver Prices

“After the peak and correction, the price eventually went higher to a far greater peak, which in the case of the 70s chart was the end of the bull market. Knowingly, or unknowingly, these similarities are probably the reasons why many think that the gold and silver bull markets ended in 2011, with the peaks […]

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Canadian Maple Leaf Sales Beat All Records

“According to the information just released by the Royal Canadian Mint, sales of Gold & Silver Maples are beating all records.  Not only are Canadian Maple sales surpassing its own previous records, Gold Maple Leaf sales actually out performed U.S. Gold Eagles during the second quarter of 2013.”   Continue reading on http://srsroccoreport.com

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