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Dear Agoracom Family,

I want to thank all of you for your patience with us over the past 48 hours and apologize for what was admittedly a botched launch of our new site.

As you can see, we have reverted back to the previous version of the site while we address multiple forum functionality flaws that inexplicably made their way into the launch.

To this end:

1.We have identified 8 fundamental but easily fixable flaws that will be corrected in the coming week, so that you can continue to use the forums exactly as you've been accustomed to.

2.Additionally we will also be implementing a couple of design improvements to "tighten up" the look and feel of the forums.

Have a great Sunday, especially those of you like me that are celebrating Orthodox Easter ... As well as those of you who are also like me and mourning another Maple Leafs Game 7 exit ... Ugggh!

Sincerely,

George et al

Message: Auguries - September 21, 2012
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Auguries - September 21, 2012
Everything Is Negotiable
Kevin Michael Grace

Gold was down (at press time) $1.80 (-0.1%) for the week to $1,771, and silver was unchanged at $34.69. GoldCore notes, “Gold has completed what is known as a ‘Golden Cross,’ and silver is poised to complete one in the coming days. A ‘Golden Cross’ occurs when not only the current price but also shorter-term moving averages such as the 50-day moving average “cross” or rise above the longer term 200-day moving average…. These are important indicators of longer-term technical strength and, in conjunction with the recent positive technical picture, are bullish.”

According to GoldCore, “All eyes will be on China.” This is a reference to possible quantitative easing, not to the border dispute between China and Japan that Ambrose Evans-Pritchard, in the Telegraph September 19, calls “the paramount political and strategic story in the world today.” He compares the dispute to the Agadir Crisis of 1911 and argues, “It is a stretch to date the First World War from Agadir but not a big stretch.”

Read the rest of this article about gold prices (with a bit of Kate Middleton thrown in for economic illustration of scarcity).

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