Being subjected to pressure from Washington, Iran has once again turned to the yellow metal as an alternative means of payment . . . .

Today Gold has traded between $1,170 and $1,180 per ounce, as it stabilizes from a week of high volatility . . . .

Imports of gold to India surged for the first time in seven months after jewelers refilled stocks, taking advantage of sliding gold prices and rising demand with an upcoming jewelry exhibition . . . .

As the U.S. Dollar Index stayed above the 96.50 level and started moving to 97, the price of Gold dropped to $1,160 per ounce, a 20-month low . . . .

Wow, this definitely was the final clean out of Gold commodity investors . . . .

Gold has traded below $1,200 all day, with a low of $1,192 and heavy trading volume . . . .

Billionaire hedge-fund manager Ray Dalio kept his faith in the two biggest exchange-traded funds backed by gold, even as an investor exodus sent prices of the metal tumbling . . . .

Gold reached a low of $1,196 in Europe this morning as the Turkish currency crisis is driving non-U.S. currencies and precious metals lower . . . .

In just the past few years, global asset values have risen to the biggest bubbles in history.  Unfortunately, this doesn’t seem to be a concern to the market because most people believe they are getting richer . . . .

I think last Friday was a turning point in the downward trend that we have seen in the Gold and Silver price. Our President raised aluminum/steel tariffs on Turkey, which caused a Turkish currency crisis . . . .