“I Guarantee You Margin Clerks Are Out In Full Force Today”

http://economicrisis.com/i-guarantee-you-margin-clerks-are-out-in-full-force-today/4713 “I Guarantee You Margin Clerks Are Out In Full Force Today” “China’s overnight announcement of slower GDP growth just added to the panic selling.  This has created...

Gold falls sharply; copper hit after China data

http://economicrisis.com/gold-falls-sharply-copper-hit-after-china-data/4695 Gold falls sharply; copper hit after China data Gold futures on Monday suffered their biggest one-day decline since the 1980s, as the metal extended its dive into a second straight session and...

Gold, Silver Slump Further Into the Abyss

http://economicrisis.com/gold-silver-slump-further-into-the-abyss/4701 Gold, Silver Slump Further Into the Abyss Gold futures are down more than 6%, earlier falling below $1400 an ounce for the first time since March 2011. Silver is down about 10% and is hovering around...

Massive Paper Gold Selling Eclipses Annual Mine Production!

http://economicrisis.com/massive-paper-gold-selling-eclipses-annual-mine-production/4705 Massive Paper Gold Selling Eclipses Annual Mine Production! Gold bullion prices have been subjected to a cleverly orchestrated bear raid in our opinion.  Selling of paper Comex...

Wall Street And Gold Were Never A Good Match

Wall Street And Gold Were Never A Good Match In the opening years of the last decade, most mainstream investors sat on the sidelines while “tin hat” goldbugs rode the bull market from below $300 to just over $1,000 per ounce. But following the 2008 financial crisis,...

CME Hikes Gold, Silver Margins By 18.5%

CME Hikes Gold, Silver Margins By 18.5% Anyone surprised, please raise your hands. And yes, it was fun when margin were hiked only on surges in the various futures contracts. Now, dumps works just as well. The logic, of course, is that gold shorts are also margined....

Gold price set for worst 2-day loss in 30 years

Gold price set for worst 2-day loss in 30 years Gold is headed for its biggest two-day drop in 30 years being below $1,400 per ounce for the first time since March 2011 in the wake of underwhelming Chinese growth data. Spot gold dropped as low as 6.3 percent to below...

To Understand Gold, Look Across the Ocean

To Understand Gold, Look Across the Ocean Matthew Drudge reports today that panic is everywhere in the world of gold bugs. And sure enough, after drifting downward from $1,800 to $1,550 over the past six months, gold has plummeted another $200 over the past two days. Paul...

Mario Draghi Orders Cyprus To Sell Gold To Cover Bailout “Shortfa

http://economicrisis.com/mario-draghi-orders-cyprus-to-sell-gold-to-cover-bailout-shortfall/4621 Mario Draghi Orders Cyprus To Sell Gold To Cover Bailout “Shortfall” As was noted two days ago (so certainly not the news catalyst for today’s gold sell off as some...

Miners High-Risk Despite Modern Gold Rush

http://economicrisis.com/miners-high-risk-despite-modern-gold-rush/4593 Miners High-Risk Despite Modern Gold Rush Just east of Sacramento and right on the edge of the Sierra Nevada mountains lies a seemingly bucolic area that was, in the 1840s, the hub of the California...

The Coordinated Attack On The Gold Market

The Coordinated Attack On The Gold Market “Today was a coordinated attack on gold. We had the Goldman Sachs recommendation to short gold. We also had the Federal Reserve Open Market Committee notes quite unusually released before the opening. Then we had the mainstream...

Gold In Asian Liquidation Mode

http://economicrisis.com/gold-in-asian-liquidation-mode/4569 Gold In Asian Liquidation Mode As Asia opens to the bloodbath that occurred in precious metals on Friday in the US, it would appear that more than a few traders got the tap on the shoulder. Shanghai futures...

Assault On Gold Update

http://economicrisis.com/assault-on-gold-update/4578 Assault On Gold Update I was the first to point out that the Federal Reserve was rigging all markets, not merely bond prices and interest rates, and that the Fed is rigging the bullion market in order to protect the...