Category: Daily Market Update

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 ” […]

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16
Aug
2017

Own a Few Bitcoin but Realise it is Speculation

Gold and Silver Bullion – News and Commentary Gold falls on easing North Korea tensions, strong U.S. data (Reuters.com) Gold prices inch up ahead of minutes from latest Fed meeting (Reuters.com) Asian Shares Mixed, Korea Advances as Calm Returns (Bloomberg.com) UK car lenders vulnerable after surge in risky loans – BoE (IrishTimes.com) ‘Deep’ Subprime Car Loans […]

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15
Aug
2017

Paulson And Other Hedge Funds Rewarded as Angst Fuels Gold

Gold and Silver Bullion – News and Commentary Gold inches lower as N.Korea tensions ease (Reuters.com) Asian markets bounce back as North Korean threat recedes (MarketWatch.com) Paulson And Other Hedge Funds Rewarded as Angst Fuels Gold (Bloomberg.com) Bitcoin Surges Past $4,000 on Speed Breakthrough (Bloomberg.com) Stocks Surge, Havens Retreat as Korea Fears Wane: Markets Wrap (Bloomberg.com) […]

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14
Aug
2017

Gold Seen Jumping To $1400 On World Tension – Russian Investment Bank

Gold and Silver Bullion – News and Commentary Gold Seen Jumping To $1400 On World Tension – Russian Investment Bank (Bloomberg) PRECIOUS-Gold slips from over 2-month high as dollar inches up vs yen (Reuters.com) Stocks Bounce and Havens Drop as Korea Fears Abate: Markets Wrap (Bloomberg) Trump threatens ‘military option’ in Venezuela as crisis escalates (The […]

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11
Aug
2017

Everybody Needs To Put 5% to 10% of Their Money In Gold

Gold and Silver Bullion – News and Commentary Gold ends at 2-month high: Risk aversion is back on (MarketWatch.com) Stocks Drop Most Since May, Bonds Rally on Tension (Bloomberg.com) GUNDLACH: Gold’s chart has ‘one of the most bullish’ patterns around (BusinessInsider.com) Dalio Recommends Gold as Hedge Against Rising Political Risk (Bloomberg.com) ‘Gold is about break out […]

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10
Aug
2017

Gold Spikes To Two Month High On North Korea Crisis

Gold and Silver Bullion – News and Commentary Gold hits over two-month high on N.Korea tensions (Reuters.com) Gold logs biggest one-day jump in nearly 3 months — silver biggest daily climb in 10½ months (MarketWatch.com) Dollar weakens as U.S.-North Korea discord prompts run to safety | August 09, 2017 (MarketWatch.com) Wall Street falls on ramp-up of […]

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09
Aug
2017

UK House Prices Fall for Fourth Quarter Running

Gold and Silver Bullion – News and Commentary Gold up on rising U.S.-North Korea tensions (Reuters.com) Gold, Yen Gain on North Korea Tension; Stocks Drop (Bloomberg.com) Top Gold Producer Says Mining Needs More Activist Investors (Bloomberg.com) BOE warns “stability threats” to financial system from ‘cliff-edge’ Brexit (FT.com) House prices fall for fourth quarter running (CityAM.com) SWOT […]

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08
Aug
2017

China’s Gold Reserves To Surpass 4,000 Tons

Gold and Silver Bullion – News and Commentary Gold finishes slightly higher, avoids 4-session skid (MarketWatch.com) China’s Gold reserves to surpass 4,000 tons (GlobalTimes.cn) China FX reserves unexpectedly hit 9-month, Gold reserves rose to $75.1B from $73.6B in (Reuters.com) World stocks reach new peak in world full of surprises (Reuters.com) Payment in Gold Bullion Banned Under […]

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04
Aug
2017

Gold Prices Have Beaten the Market So Far this Century

Gold and Silver Bullion – News and Commentary Gold dips in Asia ahead of US nonfarm payrolls (Nasdaq.com) Gold steady after nearing seven-week highs, US jobs data awaited (CNBC.com) Gold Holders Stay Loyal to BlackRock iShares As Investors Flee More Expensive ETF (Bloomberg.com) Britain faces an ‘explosive debt trajectory’ in the next 50 years if it […]

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03
Aug
2017

Gold could strengthen on seasonality in August and September

Gold and Silver Bullion – News and Commentary Gold could strengthen on seasonality in August and September – GoldCore via Marketwatch (MarketWatch.com) Dow has its first close above 22,000 (Yahoo.com) Trump Signs Russia Sanctions Bill, But Lays Out His Concerns About the Law (Bloomberg.com) ‘Zuma will use the army to cling to power if he loses […]

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