Please note: There will not be a Gold Seeker Report the next couple of days while I attend the Nexus Conference in Aspen. Join me! Several of our authors and content providers will be presenting:

Come and join us in Aspen and participate in the most dynamic think tank of the year. There will be speeches and question and answer sessions from some of the brightest minds about business, finance, technology, networks, aerospace, blockchains, bitcoin, gold and silver, economics, philosophy, medical marijuana, music, data, hardware systems, and the future of the internet.

The Nexus Conference is Your Connection to the Future

Your Connection To The Future - Of Blockchain

Colin Cantrell - Nexus Creator

Roger Ver - Bitcoin Legend

Your Connection To The Future - Of Finance

Dave North - CEO of Sedgwick (The world’s largest insurance service provider)

Peter Schiff - CNBC contributor

Doug Casey - Founder Casey research

Jeff Berwick - Founder of The Dollar Vigilante

Flip Filipowski - Futurist / Tech Entrepreneur

G Edward Griffin - Writer of “The Creature from Jekyll Island”

Dr. Patrick M. Byrne - Founder of Overstock.com

Your Connection To The Future - Of Politics

Ron Paul - Former Congressman & Presidential Candidate

Jesse Ventura - Former Governor & TV Personality

Dennis Kucinich - Former Congressman & Presidential Candidate

Your Connection To The Future - Of Space

Jim Cantrell - CEO Vector Space Systems

Your Connection To The Future - Of Arts & Entertainment

Max Keiser - Host of the Keiser Report on RT

Tatiana Moroz - Singer - Songwriter and Blockchain Expert

The Metals:

Gold gained $4.80 to $1315.90 in London before it dropped back to $1310.90 in early New York trade and then bounced back higher into midday, but it then fell to a new session low of $1296.10 after the release of today’s fed announcement and ended with a loss of 0.8%. Silver slipped to as low as $16.968 and ended with a loss of 0.92%.

Euro gold rose to about €1094, platinum lost $13 to $940, and copper remained at about $2.96.

Gold and silver equities rose over 1% by midmorning before they fell to see roughly 3% losses by midafternoon, but they then edged back higher into close and ended less than 2% lower on the day.

The Economy:

Still on course: Fed signals one more rate hike in 2017  MarketWatch

Fed approves October reversal of historic stimulus, leaves rates unchanged  CNBC

Fed keeps rates steady, approves portfolio cuts in October  Reuters

Fed Asset-Shrinking to Start Next Month; Rate Hike Seen in '17  Bloomberg

Text of September FOMC statement  MarketWatch

Existing home sales fall in August for the fourth time in five months  MarketWatch

Tomorrow brings Initial Jobless Claims, the Philadelphia Fed, the FHFA House Price Index, and Leading Indicators.

The Markets:

Oil extended higher after the Energy Information Administration reported that crude inventories rose 4.6 million barrels, gasoline inventories fell 2.1 million barrels, and distillates fell 5.7 million barrels.

The U.S. dollar index jumped higher and treasuries fell while the Dow, Nasdaq, and S&P traded mixed after the fed announced a more hawkish stance than most were expecting.

Among the big names making news in the market today were Volkswagen, Bitcoin, Toshiba, UPS, and General Mills.

GATA Posts:

Bullion Star details Chinese gold mining as a source of gold supply

The Statistics:

As of close of business: 9/19/2017

Global Gold ETF Holdings

[WGC Sponsored ETF’s]

Note: Change in Total Tonnes from yesterday’s data: SPDR added 2.069 tonnes.

COMEX Gold Trust (IAU) Total Tonnes in Trust: 221.34: No change from yesterday’s data.

Silver Trust (SLV) Total Tonnes in Trust: 10,106.00: -35.26 change from yesterday’s data.

The Miners:

WINNERS

LOSERS

Winners & Losers tracks NYSE and AMEX listed gold and silver mining stocks that trade over $1.

Please see Yahoo’s Mining/Metals News Wire for all of today’s mining news.

- Chris Mullen, Gold Seeker Report

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Additional Resources for today’s Gold Seeker Report can be found:

• http://www.capitalupdates.com
• http://www.goldseek.com
• http://www.silverseek.com
• http://www.goldreview.com 

© Gold Seeker 2017

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