AuCanary GoldWisdom

For thousands of years Precious Metals (PM) such as Gold (Au) and Silver (Ag) have been utilized as real money for exchange, wealth store, and metric of value. While I am NOT an advocate of one single commodity backing our money (like a gold standard), I do believe that the price trend of PMs are the most important indicators of the value of fiat money, plus the crimes of corrupt banking corporations and governments that manipulate PM prices. The "Canary in the coal mine" is Gold - AuCanary.

A.M. Kitco Metals Roundup: Gold Sells Off in Aftermath of Better U.S. Jobs Data

Heading into the weekend, some profit-taking pressure is also hitting the precious metals after gold and silver prices hit seven-month highs this week. Gold and silver bulls are still in very comfortable near-term technical control.

Full post at KITCO:
http://www.kitco.com/reports/KitcoNews20121005JW_am_update.html