Gold

Unless something very dramatic happens on Monday, we are not going to get a reverse symmetry breakout. A pullback is much more likely.

China’s net monthly gold imports via Hong Kong in August surged nearly 61%, after falling to their lowest in more than eight years in July, the Hong Kong Census and Statistics Department data showed on Thursday.

European Union gold imports and exports for July.

In this interview, Egon von Greyerz discusses with Jochen Staiger of Commodity TV the massive energy accumulated in gold & silver over the last six years. Once this force unravels, it will lead to the next explosive move higher.

Two current and one former JPMorgan Chase & Co executives were charged over allegedly participating in market manipulation in the trade of precious metals including gold, silver, platinum and palladium between 2008 and 2016, the Department of Justice said on Monday.

Mario Draghi decided before handing off to Christine Lagarde on November 1: the QE will be relaunched! Quantitative easing, the sovereign debt buyback of eurozone countries, will restart at €20 billion per month, "for as long as necessary", he announced on September 12th at a press conference.

666 talents of gold is 22 tonnes which today is worth over $1 billion. This was the amount of gold that King Solomon received in payments and gifts. Thus 666 is a very important figure in the bible for precious metals investors rather than the inference that some think about.

The ECB said it would cut its key interest rate by 0.1 percentage point, to minus 0.5%, and buy €20 billion ($22 billion) a month of eurozone debt starting in November, relaunching a so-called quantitative easing program that it only phased out in December.

Silver is probably one of the most undervalued investments that you can buy today. It represents less than 0.1% of global financial assets. This investment has a potential upside of 36x or 3,500%.

China has added almost 100 tons of gold to its reserves since it resumed buying in December, with the consistent run of accumulation coming amid a rally in prices and the drag of the trade war with Washington.