Harvey Organ’s Daily Gold & Silver Report – 2016.08.17

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

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