-- Published: Wednesday, 20 September 2017 | Print | Disqus
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
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.
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.
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.
Bullion Star details Chinese gold mining as a source of gold supply
As of close of business: 9/19/2017
Gold Warehouse Stocks:
Silver Warehouse Stocks:
Global Gold ETF Holdings
[WGC Sponsored ETF’s]
New York Stock Exchange Arca (NYSE Arca) AND Singapore Exchange (SGX) AND Tokyo Stock Exchange (TSE) AND Hong Kong Stock Exchange (HKEx) AND Mexico Stock Exchange (BMV)
SPDR® Gold Shares
London Stock Exchange (LSE) AND NYSE Euronext Paris AND Borsa Italiana AND Frankfurter Wertpapierbörse (Deutsche Börse - Xetra)
Gold Bullion Securities
London Stock Exchange (LSE) AND NYSE Euronext Paris AND Borsa Italiana AND Frankfurter Wertpapierbörse (Deutsche Börse - Xetra) AND NYSE Euronext Amsterdam
ETFS Physical Gold
Australian Stock Exchange (ASX)
Gold Bullion Securities
Johannesburg Securities Exchange (JSE)
New Gold Debentures
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.
TGB +7.95% $1.90
AXU +3.92% $1.59
3. Northern Dynasty
NAK +2.63% $1.95
HMY -5.03% $1.89
DRD -4.39% $3.70
KGC -4.20% $4.33
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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-- Published: Wednesday, 20 September 2017 | E-Mail | Print | Source: GoldSeek.com