Europe

Authored by Paul Craig Roberts,

As readers know, I have seen some optimism in voters support for Trump and Sanders as neither are members of the corrupt Republican and Democratic political establishments. Members of both political establishments enrich themselves by betraying the American people and serving only the interest of the One Percent. The American people are being driven into the ground purely for the sake of more mega-billions for a handful of super-rich people.

Submitted by Jeffrey Snider via Alhambra Investment Partners,

Because nothing says 'fiduciary' duty like waiting until Europe closes to dump $850 million notional of gold...

To the tick 1130ET - when European stocks close - gold started to be dumped...

And Silver...

As The USD was suddenly bid...

Charts: Bloomberg

Will The November US Presidential Election Bring The End Of The World?

Paul Craig Roberts

“We have been watching for nearly a month a steady buildup of American and NATO forces along Russia’s borders – on land, on sea and in the air. There has been nothing like this on Russia’s borders, such an amassing of hostile military force, since the German invasion of the Soviet Union in 1941.”

World’s Largest Asset Manager Blackrock: “Perfect Time” For Gold

The world’s largest asset manager, Blackrock Inc., has written a note about gold in which it suggests that this is the “perfect time and place” for gold due to “low and even negative yields, slow growth and potential signs of rising inflation.”