"The powers of financial capitalism had a far-reaching aim, nothing less than to create a world system of financial control in private hands able to dominate the political system of each country and the economy of the world as a whole. This system was to be controlled in a feudalist fashion by the central banks of the world acting in concert by secret agreements arrived at in frequent private meetings and conferences."
Caroll Quigley, Tragedy and Hope
Gold and silver did not get hit hard on a Non-Farm Payrolls day. Film at 11.
If you look at the Comex inventory report below, you can see that they have bucked up the deliverable inventory to almost 700,000 ounces. And they have managed to knock down the December open interest a bit as well.
Ok guys, time to start moving that bullion, and letting more actual deliveries take place. It looks like you will have December covered.
As for February, who can say.
The Shanghai Gold Exchange says that it intends to attract more foreign investors with new products.
