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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.

Sincerely,

George et al

Message: Auguries — Seeing Red

Auguries — Seeing Red
Kevin Michael Grace
Seeing Red


Gold was up (at press time) $81.70 (+4.9%) for the week to $1,739.30, and silver was up $3.25 (+10.7%) to $30.48. According to GoldCore, “Gold rose in anticipation of the ECB embarking on another money-printing exercise with a potentially unlimited bond-buying program.”

Reuters reports, “Gold shot up 2% on Friday for the second time in two weeks, hitting six-month highs…. Spot gold bolted up by $30 an ounce just after the US Labor Department reported that nonfarm payrolls rose 96,000 last month, well short of expectations for a 125,000 rise…. ‘Gold is going through the roof because this negative data makes QE3 more likely now,’ said Daniel Briesemann, commodities analyst at Commerzbank in Frankfurt.”

Read more about gold prices.

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