Economics and Investing:

Jason in Kansas alerted me to this: More Executive Orders on guns: Administration announces new gun control measures, targets military surplus imports. There probably will be more Executive Orders. (Jason opines that will most likely come just after the November mid-term elections, and I concur.) As I’ve mentioned before, I believe that BHO has set a priority on banning the importation of magazines that hold more than 10 cartridges. So stock up on imported full-capacity magazines, ASAP. If there is a ban, then they will be a great investment. (Depending on the wording of a ban, their prices may triple or even quadruple.)

Emerging market rout is too big for the Fed to ignore.

Items from The Economatrix:

Citigroup Sees Gold at $3,500/oz; Silver Jumping to $100/oz

Wall Street falls, ends worst month since May 2012

Why You Should Sell Gold as Soon as Missiles Fly in Syria

No Fed Taper Until New Year Means New Highs