Gold and Silver Update w/e 16th Sept 2016 – by illuminati silver

Gold and Silver Update w/e 16th Sept 2016 –  by illuminati silver


Welcome to illuminati silver, we tell you
the truth about silver. Today is Sunday 18th September 2016 and we
are providing our gold and silver update for the week ending 16th September
Gold fell in US dollar terms last week by $18 from $1328 to $1310, having hit a high
of $1332 and a low of $1306. In sterling terms gold finished the week at £1007 up £6 and
in Euros it closed at 1174 Euros that’s down 7 Euros on the week.
Silver fell 27 cents from $19.06 to $18.79 having reached a high of $19.28 and a low
of $18.68. In sterling terms it closed at £14.45 that’s up 9 pence for the week and
in Euros it fell 0.12 Euros to 16.84 Euros per ounce. The Gold to Silver Ratio remained
steady at 69.7:1 The Dow Jones closed on Friday at 18,123 down
88 points on the day but up 38 points on the week, and the NASDAQ closed at 5244 down 5
points on the day and up 119 points on the week. Brent Crude was down $2.24 at $45.77
and US Light Crude was down $2.85 at $43.03. The dollar index stands at 96.1 that’s up
0.8 on the week. Gold fell during the week in dollar terms
and we are nearly touching that $1300 level at which we see it as an excellent medium
to long term purchase. The FOMC meets on 20th and 21st of September and its report will
be anxiously awaited, thereby causing some movement this week in the gold price. We suspect
rates will not rise, however there will be a strong indication that they may very soon.
We shall have to wait and see. Silver like gold has dipped a little maintaining
the GSR. Again we see it this week moving more or less in line with gold, awaiting the
FED’s meeting and statement. There is little to add at this stage except
that we shall be publishing part 2 of our silver forecast tomorrow as opposed to today,
so that you just have one video to listen to per day and later in the week our views
on gold will also be published. We hope you have found this video interesting
and informative and if so, please give it a thumb up and share it on twitter. Also kindly
visit our website at illuminatisilver.com and if you haven’t already done so please
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is updated daily can be found at facebook.com/illuminatisilver Disclaimer: Illuminati Silver owners come from a background
of Banking, International Wealth Management and Economics. Having now retired from these
worlds we are not qualified to give investment advice. Therefore, this and other productions
must not be deemed to be giving such advice and merely represent the personal views of
its owners.

11 Comments

  1. 29st!!! d=O)

    Another half-hour or so, and the markets open up again. Speculation is that gold & silver got pushed down at least partially due to the Chinese markets being closed on Thursday and Friday, so we'll see if the Chinese push prices back up again over the next few hours.

    I'm hoping for another day or two of dropping, before the politicaliars and banksters start cracking open their lie-holes again…but, as always, the first hour or so after opening will usually show the opposite of where the week is headed: If it opens up, it almost always heads lower shortly thereafter…and if it opens down, it usually tends to shoot upwards in fairly short order.

    Keep y'all's eyebones sharpened, airbuddy!

  2. I had to order the Silver Eagle Proof no matter what. It's the 30th anniversary with it written on a smooth edge. A first for the Silver Eagle Proof. I can't wait to see it. Then that's it for me for rest of the year in any more purchases.

  3. The fed is always "just about to raise rates". I don't understand why people keep buying in to their nonsense. If they were going to raise rates, they would have done it already.

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