Today’s AM fix was USD 1,248.50, EUR 929.64 and GBP 775.76 per ounce.
Yesterday’s AM fix was USD 1,271.50, EUR 939.69 and GBP 787.11 per ounce.

Gold fell $28.70 or 2.25% yesterday, closing at $1,244.70/oz. Silver slid $0.47 or 2.31% closing at $19.85/oz. Platinum dropped $22.80 or 1.6% to $1,389.00/oz, while palladium fell $9.75 or 1.4% to $708.25/oz.

Gold was trading near four month lows today after its biggest drop in seven weeks yesterday. Another bout of peculiar concentrated selling led to Comex halting trading in December gold futures twice yesterday, the fourth time in less than 3 months.

Gold in U.S. Dollars  and Suspensions Of COMEX Gold Trading – 3 Month (Bloomberg)

….read more HERE

This can’t wait another minute…

After eight months of intensive research, we’re finally ready to spill the beans concerning a powerful investment tool that allows you to collectdouble the gains made by silver.

In other words, for every 1% increase in the price of silver you make 2%… a 10% gain pays you 20%, etc.

It’s absolutely phenomenal!

From late June through late August, as silver climbed 32.2%… this investment added 71.2%!

Take a look:

What’s even more amazing is that, thanks to a slew of factors already set in motion (the economy, the Fed’s ridiculous money printing, rate cuts to virtually zero, and the dollar preparing for a nosedive), silver prices are more than primed to skyrocket.

In fact, this has already started.

In this report, we outline all the details.

We even show you exactly how you could start profiting from this silver surge today — while it’s still early!

You don’t want to miss this one.

To your wealth,

Jimmy Mengel
Editor, The Crow’s Nest

Dear concerned American,

I have a troubling situation to discuss.

Whispers are swirling around Capitol Hill that Fort Knox is empty….

That all the gold is gone…

That the U.S. government has been shipping gold to nations like China (as collateral for a weak dollar). 

Scary isn’t it? 

Without any gold in Fort Knox, the United States has nothing backing the dollar but faith. 

Here’s what Wall Street Daily analysts have confirmed…

The U.S. government has NOT done a public audit of the gold in Fort Knox since 1974. Policymakers have ignored all requests for a new audit, too.

Worse yet, $982 million worth of gold has left JFK International Airport in New York since the year began. 

The destination? Somewhere in South Africa.

The gold shipment was confirmed by the U.S. Census Bureau’s foreign trade division. 

That begs the following question…

Do you think Fort Knox is empty?

Yes or No. 

I’ve seen the poll results, and they’re shocking.

Your vote will also trigger the entire investigation Wall Street Daily recently conducted on Fort Knox being empty, including an exclusive interview with JIM ROGERS.

Expect the investigative email, with a link to the Jim Rogers interview, to hit your inbox a few minutes after you vote.

Thank you for your time on this urgent matter,

Robert Williams
Publisher, Wall Street Daily

Buffett: The second major category of investments involves assets that will never produce anything, but that are purchased in the buyer’s hope that someone else — who also knows that the assets will be forever unproductive — will pay more for them in the future. Tulips, of all things, briefly became a favorite of such buyers in the 17th century.

This type of investment requires an expanding pool of buyers, who, in turn, are enticed because they believe the buying pool will expand still further. Owners are not inspired by what the asset itself can produce — it will remain lifeless forever — but rather by the belief that others will desire it even more avidly in the future.

The major asset in this category is gold, currently a huge favorite of investors who fear almost all other assets, especially paper money (of whose value, as noted, they are right to be fearful). Gold, however, has two significant shortcomings, being neither of much use nor procreative. True, gold has some industrial and decorative utility, but the demand for these purposes is both limited and incapable of soaking up new production. Meanwhile, if you own one ounce of gold for an eternity, you will still own one ounce at its end.

What motivates most gold purchasers is their belief that the ranks of the fearful will grow. During the past decade that belief has proved correct. Beyond that, the rising price has on its own generated additional buying enthusiasm, attracting purchasers who see the rise as validating an investment thesis. As “bandwagon” investors join any party, they create their own truth — for a while.

Over the past 15 years, both Internet stocks and houses have demonstrated the extraordinary excesses that can be created by combining an initially sensible thesis with well-publicized rising prices. In these bubbles, an army of originally skeptical investors succumbed to the “proof ” delivered by the market, and the pool of buyers — for a time — expanded sufficiently to keep the bandwagon rolling. But bubbles blown large enough inevitably pop. And then the old proverb is confirmed once again: “What the wise man does in the beginning, the fool does in the end.