In Case You Missed It.
Stories from the week ended August 29, 2015.
The week started off with a 1,000 point drop in the Dow Jones Industrial Average at the opening bell on Monday.
Here are some of the top stories from the last week, in case you missed it…
August 28, 2015
The U.S. Mint sold 8,000 1 oz. American Gold Eagles today/No Silver Eagles (probably none left to sell)
Year to date sales: American Gold Eagle coins – 69,500; American Silver Eagle coin – 4.18m
The Coming Oil Bust- Wall Street For Main Street Podcast
From Smaulgld.com
Shanghai Gold Exchange Withdrawals Week Ended August 21, 2015 were the fourth largest week ever.
Bloomberg: Fed Up Investors Yank Cash From Almost Everything Just Like 2008
Minnestota Fed President Speaks: THERE ARE WAYS TO LOWER INTEREST RATES FURTHER; Interest Rate Rise in 2015 not Appropriate
St. Louis Fed President Speaks: Bullard says FOMC not likely to change outlook based on market volatility
CNBC: China’s Dumping US Treasuries BUT “Analysts” are Sanguine
August 27, 2015
Oil Soars 10% – Largest Single Day Gain Since 2009
Kansas City Fed President Speaks: Federal Reserve Bank of Kansas City President Esther George Says prepared for rate hike despite market sell off
But China Protests – Wants Delayed Rate Hike
August 26, 2015
US Mint sold 7,500 1oz American Gold Eagles today/No Silver Eagles (probably none left to sell) YTD sales:
American Gold Eagles 61,500
American Silver Eagles 4,180,000, an August record
Jim Rogers: Don’t Rule Out a Bull Run in Commodities
New York Fed President Dudley Speaks:
“New York Economy a Bright Spot”
September rate hike looks “less compelling”
August 25, 2015
From Smaulgld.com
The Dark Side of a Cashless Society
CNBC: Markets Plunge to Negative Territory at End of Day After Staging Massive Recovery
From Twitter
Message to Plunge Protection Team:
You Cant Take off at 3:30.
Your Work Here is Not Done!
Dow PLUNGES 300 pts in 3 minutes
#gold #silver
— Smaulgld (@Smaulgld) August 25, 2015
China Cuts Rates, Lowers Bank Reserve Requirements
August 24, 2015
Starbucks CEO- Be Nice to Stock Jockeys – They’ve Had it Rough Lately
https://twitter.com/Smaulgld/status/635945625541083136
GLOBAL MARKETS IN FREEFALL
CNBC Falsely Pumps the Futures Market after the Close “Dow futures open up 100 pts after historic rout” BUT “since the futures are trading below fair value, stocks still point to a slightly lower opening.”
Ron Paul Weighs in on the Market, Gold and Silver
Echoes of State Run Chinese Markets “STOCK TRADING IN U.S. WILL PAUSE IF S&P 500 PLUNGES 7%
Deutsche Bank Says Rout ‘Very Serious’ as Growth Outlook Dims
Gold stands tall on China fears amid equities rout
There’s Gold and Silver Under Those Volcanoes in New Zealand!
From The Wealth Watchman: The rosy illusion of global recovery has been shattered
August 23, 2015
CNBC at the Buy Stawks Propaganda Wheel Again- “Tell CNBC what you are BUYING and selling tomorrow”
Qatar’s Doha Bank Expects Record Gold Sales on Stock Market Volatility
August 22, 2015
India’s gold demand could hit 950 tonnes as prices fall – Valcambi
Despite U.S. Stock Market Correction, Reuters Reports the U.S. Economy as “Sound”
Is Janet Yellen on her way out?
As Russian Ruble Falls Prime Minister Medvedev vows to boost foreign currency sales
India’s imports of gold-silver alloy may almost double – refiner
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In case you missed it for the Week ended August 22, 2015
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