“For all that has been, thanks. For all that will be, yes.”
-Dag Hammarskjld
Gold and silver finished the day largely unchanged. There were the usual overnight and early morning antics. The mining sector was taken out behind the woodshed and beaten up a bit. The Shanghai Gold Exchange is now open for business. Some are concerned because of the participation of the ‘usual suspects’ on the exchange. I am not so concerned, because China is quit to issue some fairly draconian judgments for those that engage in non-sanctioned official and business corruption. Luckily Bill Holter speaks to this issue in his latest missive, so let him say it as he does so well. This Thursday, 25 September, is the options settlement for October metals contracts on the Comex. October is not an active month on the Comex for either gold or silver, but they may find a more lively turn in overseas trade.
This post was published at Jesses Crossroads Cafe on 22 SEPTEMBER 2014.
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