#Silver outperforming #gold, as it has over the past few days is another sign that Comex speculative money is implicated in the recent move.

The 25 vs 50 debate rages on. Can't wait to get it out of the way.

In addition to large net-long managed money positions reported by the CFTC for positions as of last Tuesday, Comex aggreage #gold futures open interest has built further since then. Since Tuesday Comex open interest is up about 3.5 million ounces or about 100t.

Summon the worm!

The party's over.

Interesting article about China and Japanification on Bloomberg. I'm not sure that I agree with Paul Krugman about Japan should be seen as "a kind of role model" but it does seem clear that China faces even greater challenges than did Japan.

This appears to be the only important thing today and it happens later. Spot #gold is $2576/oz.

yes the days are getting shorter and it will be getting colder and grey, but a reminder that the overwhelming majority of us look a LOT better with more clothes on, so we got that going for us

Why do we say that the Fed cutting rates should be positive for #gold? This chart from Juan Carlos Artigas, head of research World Gold Council shows why we believe this to be the case.

Minor inflows into #gold-backed ETFs yesterday, but overall slow and steady inflows continue, driven by North American listed products. This after four successive inflows into Global gold-backed ETFs.

This was a great conversation - so wonderful to talk wiht an expert so engaged and enthusiastic about here research topic. #Gold #TheUnearthedPodcast