17
Aug
2017

5 Charts Prove Market A Bubble

Gold and Silver Bullion – News and Commentary

Gold, silver soar after US Fed minutes; palladium hits over 16-year high (IndiaTimes.com)

Gold ends higher as Trump disbands 2 White House advisory groups (MarketWatch.com)

Gold edges up after gaining on softer dollar (Reuters.com)

Unlike Bitcoin – “Gold has demonstrated ability to preserve value under all circumstances ” – Morgan Stanley (Bloomberg.com)

Bitcoin Is Literally Soaring Into Space After Rocket-Like Surge (Bloomberg.com)

Source: David Stockman via Daily Reckoning

5 Charts Prove Market A Bubble (DailyReckoning.com)

Bitcoin is a bubble – but bubbles change the world (MoneyWeek.com)

Corporate Employers Flee Pensions With Gap Topping $375 Billion (Bloomberg.com)

This is what every ETF investor needs to know today (StansBerryChurcHouse.com)

What’s so special about gold? – Lundin (PeakProsperity.com)

Gold Prices (LBMA AM)

17 Aug: USD 1,285.90, GBP 998.12 & EUR 1,096.74 per ounce
16 Aug: USD 1,270.15, GBP 985.13 & EUR 1,082.29 per ounce
15 Aug: USD 1,274.60, GBP 986.92 & EUR 1,084.05 per ounce
14 Aug: USD 1,281.10, GBP 987.34 & EUR 1,085.48 per ounce
11 Aug: USD 1,288.30, GBP 993.67 & EUR 1,096.47 per ounce
10 Aug: USD 1,278.90, GBP 985.39 & EUR 1,091.67 per ounce
09 Aug: USD 1,267.95, GBP 974.80 & EUR 1,079.79 per ounce

Silver Prices (LBMA)

17 Aug: USD 17.02, GBP 13.23 & EUR 14.55 per ounce
16 Aug: USD 16.68, GBP 12.96 & EUR 14.25 per ounce
15 Aug: USD 16.89, GBP 13.12 & EUR 14.38 per ounce
14 Aug: USD 16.97, GBP 13.09 & EUR 14.39 per ounce
11 Aug: USD 17.09, GBP 13.18 & EUR 14.53 per ounce
10 Aug: USD 17.08, GBP 13.14 & EUR 14.57 per ounce
09 Aug: USD 16.59, GBP 12.76 & EUR 14.14 per ounce


Recent Market Updates

– World’s Largest Hedge Fund Bridgewater Buys $68 Million of Gold ETF In Q2
– Diversify Into Gold Urges Dalio on Linkedin – “Militaristic Leaders Playing Chicken Risks Hellacious War”
– Gold Has Yet Another Purpose – Help Fight Cancer
– Gold Up 2%, Silver 5% In Week – Gundlach, Gartman and Dalio Positive On Gold
– Great Disaster Looms as Technology Disrupts White Collar Workers
– Gold Sees Safe Haven Gains On Trump “Fire and Fury” Threat
– Silver Mining Production Plummets 27% At Top Four Silver Miners
– Gold Consolidates On 2.5% Gain In July After Dollar Has 5th Monthly Decline
– Gold Coins and Bars See Demand Rise of 11% in H2, 2017
– Greenspan Warns Stagflation Like 1970s “Not Good For Asset Prices”
– What Investors Can Learn From the Japanese Art of Kintsukuroi
– Bitcoin, ICO Risk Versus Immutable Gold and Silver
– This Is Why Shrinkflation Is Making You Poor

Mark O'Byrne
Executive Director