12
Oct
2017

3 Reasons World Could Turn Its Back on the U.S. Dollar

Gold and Silver Bullion – News and Commentary

Gold prices touch two-week high amid subdued U.S. dollar (Reuters.com)

Gold extends gains after latest Fed meeting minutes (Reuters.com)

Dollar Falls, Stocks Hit Record as Fed Seen Dovish (Bloomberg.com)

Russian central bank may boost gold trading on Moscow exchange (Reuters.com)

China will ‘compel’ Saudis to trade oil in yuan – Economist (CNBC.com)


3 Reasons World Could Turn Its Back on the U.S. Dollar (CNBC.com)

Bitcoin Is “Evil” and a Bubble; Higher Taxes Are Good – Krugman Interview (Bloomberg.com)

THE UNKNOWN FUNDAMENTAL: This Will Push The Silver Price Up Much Higher (SilverSeek.com)

Yellowstone Supervolcano May Rumble to Life Faster Than Thought (NationalGeographic.com)

Scientists find gold worth $2 million in Swiss sewage (CNN.com)

Gold Prices (LBMA AM)

12 Oct: USD 1,294.45, GBP 977.96 & EUR 1,092.26 per ounce
11 Oct: USD 1,290.20, GBP 978.62 & EUR 1,091.90 per ounce
10 Oct: USD 1,289.60, GBP 977.77 & EUR 1,094.61 per ounce
09 Oct: USD 1,282.15, GBP 976.23 & EUR 1,092.01 per ounce
06 Oct: USD 1,268.20, GBP 970.43 & EUR 1,083.93 per ounce
05 Oct: USD 1,278.40, GBP 969.28 & EUR 1,086.51 per ounce
04 Oct: USD 1,275.55, GBP 960.87 & EUR 1,085.11 per ounce

Silver Prices (LBMA)

12 Oct: USD 17.20, GBP 13.06 & EUR 14.50 per ounce
11 Oct: USD 17.15, GBP 13.00 & EUR 14.51 per ounce
10 Oct: USD 17.12, GBP 12.98 & EUR 14.53 per ounce
09 Oct: USD 16.92, GBP 12.86 & EUR 14.41 per ounce
06 Oct: USD 16.63, GBP 12.73 & EUR 14.20 per ounce
05 Oct: USD 16.66, GBP 12.64 & EUR 14.19 per ounce
04 Oct: USD 16.83, GBP 12.67 & EUR 14.29 per ounce


Recent Market Updates

– Young Guns of Gold Podcast – ‘The Everything Bubble’
– London House Prices Are Falling – Time to Buckle Up
– Perth Mint Gold Coins Sales Double In September
– Survey shows UK and US Pensions Crisis is Imminent
– Gold Investment In Germany Surges – Now World’s Largest Gold Buyers
– Yahoo Hacking Highlights Cyber Risk and Increasing Importance of Physical Gold
– Safe Haven Silver To Outperform Gold In Q4 And In 2018
– Plan For Run On The Pound
– Russia Gold Rush Sees Record Reserves For Putin Era
– China Catalyst To Send Gold Over $10,000 Per Ounce?
– Gold Matches S&P 500 Performance In First 3 Quarters; Up 12% 2017 YTD
– Gold Standard Resulted In “Fewer Catastrophes” – FT
– Financial Advice From Man Who Made $1+ Billion in 1929 – Importance Of Being Patient and “Sitting”

Mark O'Byrne
Executive Director