Today:

Premium Analysis: Remembering the “Silver Mafia”

News: The sales season has been a waste of time so far

Premium Analysis: The “Silver Mafia”

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GoldFix

The ‘Hammer’ and the ‘Silver Mafia’

The Case of Silver Market Manipulation…

21 hours ago 18 likes VBL

News: Sales season starts with whining

GoldFix

CFTC Report: Selling Season Starts with Whining

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15 hours ago 8 likes 9 comments VBL

Continues at bottom

Summary of equity:

US stocks fell sharply on Friday after a weak August jobs report. Large caps and small caps declined: S&P 500 (-1.73%) vs. Russell 2000 (-1.91%). MSCI Emerging Markets (EEM) and MSCI EAFE (EFA) fell by 1.83% and 1.88% respectively.

Market news:

“Google is heading into the next showdown in a joint international anti-monopoly campaign to break the tech giant’s decades-long dominance of the digital advertising market: FT

“Elon Musk’s AI startup xAI has discussed a deal in which it would get a share of Tesla’s revenue in exchange for the automaker’s access to its technology and resources. WSJ

“Dell and Palantir both rose about 7% in extended trading on Friday after S&P Global announced the companies would join the S&P 500 indexCNBC

“Nonfarm payrolls increased by 142,000 in August, up from 89,000 in July and below consensus forecast of 161,000: CNBC

“Boeing agreed to raise wages in its largest union by 25% in a four-year pact aimed at averting a crippling strike, days before a potential walkout that would further strain the embattled manufacturer WSJ

“European banks are on track to post zero mortgage growth this year for the first time in a decade due to high interest ratesFT

Politics/Geopolitics:

Moore, the head of Britain’s MI6 intelligence service, suspects Iran will retaliate for the death of Hamas leader Haniyeh. Moore also said it was too early to say how long Ukraine could hold out in Kursk.
Iran officially denies reports that it has supplied Russia with ballistic missiles to support the war in Ukraine, although an Iranian parliamentarian has admitted that a deal was made to send ballistic missiles to Russian forces.
According to Xinhua, the Russian military will take part in Chinese exercises at sea and in the airspace of the Sea of Japan and the Sea of Okhotsk in September.
According to RIA, Russian forces have taken control of Novohrodivka in eastern Ukraine.
Italian Prime Minister Meloni said it should not happen that people think that the Ukrainian conflict can be resolved by leaving Ukraine to its fate.
CIA Director Burns said there was a real risk of possible use of tactical nuclear weapons in the fall of 2022,
North Korean leader Kim Jong Un stressed the importance of strengthening the navy,