(The Weekly Digest reproduces the morning capsules made available every morning before the market open in the Real Time Feeds to the paying subscribers. )  THE EFFECT OF CATASTROPHE WARNING IS SHORT-LIVED October 4, 2013 Yesterday the U. S. Treasury warned of catastrophe if the debt ceiling is not raised by October 17th.  The stock market which has been ignoring the crisis in Washington finally listened and fell in the morning.  The bulls were back in the afternoon recovering about one-third of the loss.  Bulls are back again in the pre-market trading. The bulls continue to believe that the crisis will

  (The Weekly Digest reproduces the morning capsules made available every morning before the market open in the Real Time Feeds to the paying subscribers. )  GOLD JUMPS ON CHARLES EVANS’ COMMENTS AND GOVERNMENT SHUT DOWN PROSPECTS September 27, 2013 Gold jumped this morning on comments by Chicago Fed President, Charles Evans, and government shut down prospects. The gold market is misinterpreting Evans’ comments.  Evans was all over the place regarding taper; gold bulls simply picked up the bullish points and ignored the bearish points. The gold market is believing that there will be a government shut down, but a

(The Weekly Digest reproduces the morning capsules made available every morning before the market open in the Real Time Feeds to the paying subscribers. )  QUADRUPLE WITCHING, SELLING IN GOLD AND SILVER IN ASIA September 20, 2013 Today is quadruple witching.  Stock index futures, stock index options, stock options, and single stock futures expire today.  Expect volatility. Significant selling is taking place in gold and silver in Asia.  This is of note because bulls often cite demand for precious metals in Asia. Oil is falling and is now below key support of $106. Interest rates are steady. Gold futures are