FOMC in a slight hawkish mood yet market interprets as dovish/China has massive amount of ships into disputed waters/Russia engages in armoured war games/Dund and Bradstreet may lower the boom on Portugal’s sovereign debt : if they downgrade then ECB cannot purchase any of their bonds/Cisco systems lays off 5,500 workers/Target slashes 2nd half earnings and sales
by Harvey Organ
Harvey Organ’s Blog
Gold:1342.70 down $7.80
Silver 19.63 DOWN 22 cents
In the access market 5:15 pm
Gold: 1349.00 post FOMC
Silver: 19.70