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5 to 10 minutes old www.usagold.com --LIVE NEWS--
Gov. Brown Signs Pipeline Safety Bills	17:04 CBS San Francisco - Business
Governor Jerry Brown Signs Assemblywoman Mary Hayashi’s Bill to Increase Local …	17:04 Yahoo! US - Business - Press Releases
Privatization plan for this year is feasible - Treasury Minister	17:03 Warsaw Voice - Business
Gold retreats from 6-1/2 month high as dollar firms	17:03 Daily Times - Business
Singapore policy easing on track despite high Aug inflation	17:03 Daily Times - Business
Euro struggles on Ifo survey	17:03 Daily Times - Business
10 to 15 minutes old www.usagold.com --LIVE NEWS--
Obama should call China currency manipulator Oct. 15 -Romney aide	16:56 Reuters - Economy
15 to 30 minutes old www.usagold.com --LIVE NEWS--
Forex Flash: IDR still undervalued; INR potential outperformer - TDS	16:50 FXstreet - Forex News
Forex: AUD/JPY looking bearish after Friday’s pin	16:50 FXstreet - Forex News
Economy Briefs: After Barron’s slams Facebook, stock falls	16:46 The Washington Times - Economy
Euro falls against dollar on German survey	16:44 The Kansas City Star
Rates rise at weekly Treasury auction	16:44 The Kansas City Star
Labor slams Netanyahu over August inflation data	16:43 Jerusalem Post
Louisville’s economic development chief to receive award at the White House	16:41 Bizjournals - Louisville (Business First)
Copper falls amid fresh economic concerns	16:40 Business Spectator
Forex Flash: Gold year-end target at $2000; buy on dips around $1750 - Nomura	16:40 FXstreet - Forex News
30 minutes to 1 hour old www.usagold.com --LIVE NEWS--
Atlanta-Area “Bullion Express” Retailer Rebranded as “Southern Bullion Coin & Jewelry”	16:36 Business Wire (Press Release)
Get Your Fake Tungsten-Filled Gold Coins Here	16:36 Zero Hedge
Caterpillar cuts 2015 profit outlook on slow growth in world’s economy	16:24 The Washington Post
Indonesia's Economy Projected to Grow 6.5%	16:23 CNBC.com - Currencies
German business confidence slumps sparking recession fears	16:23 Sydney Morning Herald - Business
Forex Flash: AUD/USD to remain heavy beneath Monday’s 1.0460 high - NAB	16:10 FXstreet - Forex News
1 to 2 hours old www.usagold.com --LIVE NEWS--
Silver ETFs Outshining Gold On QE3, Bullish For Metals	16:08 SeekingAlpha - ETFs & Portfolio Strategy
Underground economy losing ground: Statscan	16:04 The Globe and Mail
Gold eases alongside platinum, palladium	16:00 Business Spectator
Texas economy approaching pre-recession levels	15:59 Bizjournals
Four Reasons Silver Prices Are Melting Monday	15:59 Investors Business Daily - Investing
3 Economic Signs Show Weakness Despite Fed Action	15:59 Investors Business Daily - Investing
Economy Worries Dent Prices For Crude, Metals	15:59 Investors Business Daily - Investing
Aussie, N.Z. Dollars Fall on Chinese Growth, Euro-Region Concern	15:58 Bloomberg - Markets - Currencies
Weekly Gold ETF Report	15:58 SeekingAlpha - ETFs & Portfolio Strategy
Dollar rebounds from overnight fall	15:58 WA Today - Business - National
'Increasing Yields Is Only the First Step to Economic Development'	15:56 AllAfrica.com
Dollar gains on more gloom in Europe	15:53 Channel NewsAsia - Business
Allure of gold hits record height	15:50 FT.com - Markets
Precious metal funds: Silver emerges from gold’s shadow	15:50 The Globe and Mail
CORRECTION: EUR/JPY: bullish outlook beginning to weaken - FXWW	15:50 FXstreet - Forex News
Germany May Exit The Euro Before Greece Does	15:49 SeekingAlpha - Macro View
Community leaders see Muskegon Lake's economic future as 'a blessing and a challenge'	15:44 MLive.com, Michigan - Environment
Betting On Silver? Ponder Pouncing On This Panther	15:43 SeekingAlpha
SA: An economic thermometer	15:34 Moneyweb
The Worst of the Euro Crisis is Over	15:31 The Daily Beast
Greater Portland Inc. to stress unity at economic summit	15:31 Bizjournals - Portland (Business Journal)
US Treasury bond market at a glance	15:30 Denver Post, Colorado - Business
Forex: EUR/USD holds above 1.2900; Bearish forces coming up	15:29 FXstreet - Forex News
Forex Flash: RBNZ on hold until Q4 2013 - Goldman Sachs	15:29 FXstreet - Forex News
US SMALL/MIDCAPS-Tire companies gain as analysts bullish	15:28 Reuters.co.uk - Regulatory News
Hazards Ahead for the Economy	15:27 Kiplinger.com - Columns
Dollar gains despite stock weakness	15:25 The Age
Gold slides Monday	15:22 UPI - Health Business

Morning Snapshot

by Peter A. Grant

Sep 24, AM
(from USAGOLD.com) --

Gold is under modest corrective pressure to begin the week as rising global growth concerns offset the massive — and in some instances open-ended — quantitative measures being offered up by the world's major central banks.

According to the International Business Times: Global rating agency Standard & Poor’s (S&P) Monday cut the economic growth forecast for the Asia Pacific countries, including China and India, citing the slowdown in China, euro zone troubles and a slower-than-expected recovery in the U.S. BBC News is reporting that the IMF will cut its global growth forecast next month.

As I suggested last week, the Fed, ECB, BoJ et al are pushing on a rope; trying to create inflation while waning global growth and stubbornly high joblessness are creating deflationary pressures. Which might win this epic battle? Well, if the central banks are truly committed to their goals, their ability to create an unlimited amount of fiat currency certainly has the potential to carry the day. And if this is the path they're on — as it appears to be — you're going to want some gold to hedge your exposure to those debased currencies.

• US Chicago Fed National Activity index slumped to -0.87 in Aug, vs positive revised -0.12 in Jul.
• Germany Ifo Business Climate unexpectedly fell to 101.4 in Sep, below expectations of 102.0, vs 102.3 in Aug.
• Germany Ifo Expectations fell in Sep to 93.2, below expectations of 94.6, vs 94.2 in Aug; Current Assessment falls to 110.3 from 111.1 in Aug.
• Taiwan unemployment rate (sa) steady at 4.3% in Aug.
• Taiwan industrial output rebounds to +1.9% y/y in Aug, vs upward revised +0.1% y/y in Jul.
• Singapore CPI ticks lower to +3.9% y/y in Aug, vs +4.0% in Jul.

Peter Grant is USAGOLD's resident economist and a well-known analyst globally in the forex and precious metals markets.

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Opinions expressed in commentary on the USAGOLD.com website do not constitute an offer to buy or sell, or the solicitation of an offer to buy or sell any precious metals product, nor should they be viewed in any way as investment advice or advice to buy, sell or hold. USAGOLD, Inc. recommends the purchase of physical precious metals for asset preservation purposes, not speculation. Utilization of these opinions for speculative purposes is neither suggested nor advised. Commentary is strictly for educational purposes, and as such USAGOLD does not warrant or guarantee the accuracy, timeliness or completeness of the information found here.

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