13
Sep
2017

Bitcoin Drops Below $4,000 as JP Morgan CEO Says Is “Worse Than Tulip Bulbs”

Gold and Silver Bullion – News and Commentary

Gold turns up as dollar falls from its highs (Reuters.com)

Gold steady amid firm dollar, geopolitical tensions support (Reuters.com)

Gold Demand Stifled in Top Buyer by Prices, Laundering Curbs (Bloomberg.com)

JPMorgan CEO Jamie Dimon says bitcoin is a ‘fraud’ that will eventually blow up (CNBC.com)

Bitcoin slides after Jamie Dimon bashes the cryptocurrency (BusinessInsider.com)


Source: Business Insider

US National Debt Surges Over $20 Trillion (USDebtClock.org)

US Debt Finally Tops $20 Trillion, Jumps By $318 Billion In One Day (ZeroHedge.com)

Gold diggers: Buried treasure shows Vikings hoarded precious metals (USAToday.com)

Fed’s is following a playbook written when gold fled the Nazis (MarketWatch.com)

Ray Dalio Talks About the Dollar and Gold (Investopedia.com)

Gold Prices (LBMA AM)

13 Sep: USD 1,332.25, GBP 1,003.85 & EUR 1,112.43 per ounce
12 Sep: USD 1,326.25, GBP 1,000.66 & EUR 1,109.41 per ounce
11 Sep: USD 1,338.75, GBP 1,015.31 & EUR 1,114.24 per ounce
08 Sep: USD 1,350.90, GBP 1,026.82 & EUR 1,120.71 per ounce
07 Sep: USD 1,340.45, GBP 1,026.52 & EUR 1,119.54 per ounce
06 Sep: USD 1,340.15, GBP 1,028.03 & EUR 1,122.11 per ounce
05 Sep: USD 1,331.15, GBP 1,029.51 & EUR 1,120.43 per ounce

Silver Prices (LBMA)

13 Sep: USD 17.91, GBP 13.50 & EUR 14.94 per ounce
12 Sep: USD 17.75, GBP 13.37 & EUR 14.87 per ounce
11 Sep: USD 17.85, GBP 13.51 & EUR 14.86 per ounce
08 Sep: USD 18.21, GBP 13.80 & EUR 15.09 per ounce
07 Sep: USD 17.79, GBP 13.59 & EUR 14.85 per ounce
06 Sep: USD 17.77, GBP 13.62 & EUR 14.90 per ounce
05 Sep: USD 17.88, GBP 13.80 & EUR 15.03 per ounce


Recent Market Updates

– British People Suddenly Stopped Buying Cars
– Buy Gold for Long Term as “Fiat Money Is Doomed”
– Conor McGregor – Worth His Weight In Gold?
– Gold Has 2% Weekly Gain,18% Higher YTD – Trump’s Debt Ceiling Deal Hurts Dollar
– ‘Things Have Been Going Up For Too Long’ – Goldman CEO
– Physical Gold In Vault Is “True Hedge of Last Resort” – Goldman Sachs
– Bitcoin Falls 20% as Mobius and Chinese Regulators Warn
– Gold Surges To $1338 as U.S. Warns of ‘Massive’ Military Response
– Precious Metals Outperform Markets In August – Gold +4%, Silver +5%
– 4 Reasons Why “Gold Has Entered A New Bull Market” – Schroders
– Gold Reset To $10,000/oz Coming “By January 1, 2018” – Rickards
– Gold Surges 2.6% After Jackson Hole and N. Korean Missile
– Diversify Into Gold On U.S. “Political Instability” Advise Blackrock

Mark O'Byrne
Executive Director