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Fed QE and Gold, Silver

It would behoove those who still cling to a misguided faith in fiat currencies to pay close attention to what is happening in Iran. The rial swooned in a free fall as much as 18% on Monday to a record low against the US dollar.

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Silver Eagles Sales Through May Best Since 1986 and Turkish Silver Bullion Imports Surge

Gold and silver are lower today despite equities being mixed and Eurozone debt markets exhibiting signs of stress again with Portuguese and Greek bonds being sold with yields rising again despite the latest bail out? speculation. (32 mins ago)

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