The UK saw its market rout continue a day after the Bank of England intervened in the gilt market via an emergency bond-buying program . . . . Anna Golubova
There are risks to positioning against the sterling, however. The pound is already relatively depressed against the US Dollar . . . . Levi Donohoe Commodities
Gold's gains were relatively modest for the session, however. A stronger dollar has been a weight on commodity prices . . . . Saefong and William Watts
Though she agrees with the consensus in most regards, Patterson doesn’t necessarily believe the Federal Reserve will make a policy U-turn. An awful lot of Wall Street observers may be expecting it . . . . Tyler Durden
The Moscow World Standard, an alternative to the London Bullion Market Association (LBMA), could end gold price manipulation and reveal the metal's fair market value, according to . . . . Cornelius Christian
Eligible inventories are NOT available to deliver against maturing COMEX contracts unless the owners specifically elect to reclassify such holdings to registered status. . . . . Patrick A. Heller