Harvey Organ’s Daily Gold & Silver Report – 2016.12.05

Dec 5/Renzi loses referendum and throws Italian banks into chaos/Yellen and Draghi send in the cavalry to rescue markets today/Shanghai gold fix premium rises to over 25 dollars per oz/Germany’s Schauble warns Greece reform or they are out: Why Greece is staying in this monstrosity is extremely questionable/Bundesbank’s former President states that Draghi will end QE and interest rates will soar/Jim Sinclair states that we have no capital markets anymore and we will have the 10 yr at 3.% which will bring havoc to our derivative players and the investing public at large/

by Harvey Organ
Harvey Organ’s Blog

Gold at (1:30 am est) $1174.10 down $1.10

silver at $16.82: up 7 cents

Access market prices:

Gold: 1170.25

Silver: 16.75

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