James Turk & Max Keiser on the 2nd Anniversary of Crash JP Morgan buy Silver

The historical Au:Ag ratio of 16:1 does not account for past industrial use and subsequent waste... and future industrial use and..  recycling costs. Any other ratio is simply speculation. But silver, is my only intuitive recommendation.

In this episode, Max Keiser and Stacy Herbert present the two year anniversary special of their Crash JPM, Buy Silver campaign. They discuss JP Morgan doing everything to protect the Queen of their massive silver short position - a position that has DOUBLED in the past two years according to Rob Kirby of GATA and Kirby Analytics. They also discuss Central Banks pullling on their own little bungee cords by printing money. In the second half, Max Keiser talks to James Turk of Goldmoney.com about the link between liberty and gold and the shooting war to follow the currency war. The also discuss the gold/silver ratio and why silver today is like gold at $600.

Gold trading reacts sharply to US Jobs

Price falls in gold trading as US non-farms payrolls jump in October ahead of tomorrow's election . An ounce of gold is currently fetching $1,695, down $20.50 from the previous session's close of $1,715.50 an ounce. On Thursday, gold fell $3.60. On the currency front, the U.S. dollar is trading at 80.63 yen compared to the 80.13 yen it fetched at the close of New York trading on Thursday. Against the euro, the dollar is valued at $1.2855 compared to yesterday's $1.2943

Gold Better Rise on Diwali Demand: Dennis Gartman

Gold prices have failed to climb above $1800 levels although holdings in exchange traded products with month to date volume rising by 30 tonnes in October showing strong investor demand. The latest CFTC data for the week ended 9 October revealed that speculative positioning continued to grow and remains at its highest level since August 2011 as fresh longs (8k lots) offset fresh shorts (4.3k lots).( Commodityonline )