The Phaserl


No change in GLD and SLV/gold price whacked/FOMC states to expect the raising of interest rates in 2015

by Harvey Organ,

Gold closed down $17.60 at $1341.40 (comex to comex closing time ). Silver was down 4 cents to $20.84

In the access market tonight at 5:15 pm
gold: $1329.80
silver: $20.60

Gold and silver were again thrown lower by the bankers starting with last night’s access market and continuing after the London first fix at this morning. The first raid started in earnest at around 4: 40 am est and then again at 7:45 am est as the bankers supplied massive short comex paper. Then at 2:00 o’clock this afternoon as soon as Yellen released her FOMC statement, gold was whacked again in the access market. Gold is now down $65 in 3 full trading days.

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