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 on the upside strongly,’ Dennis Gartman says (CNBC.com)

Source: Bloomberg.com

Everybody Needs To Put 5% to 10% of Their Money In Gold (BusinessInsider.com)

These 7 billionaires are worried about a stock-market correction (MarketWatch.com)

Sanctions will destroy the dollar (TheStreet.com)

Bitcoin Debate between Keiser and Schiff (Youtube.com)

Decade after financial crisis, World is still hooked on debt that caused it (Telegraph.co.uk)

Gold Prices (LBMA AM)

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
08 Aug: USD 1,261.45, GBP 967.78 & EUR 1,068.20 per ounce
07 Aug: USD 1,257.55, GBP 963.41 & EUR 1,065.90 per ounce
04 Aug: USD 1,269.30, GBP 964.92 & EUR 1,068.37 per ounce
03 Aug: USD 1,261.80, GBP 952.41 & EUR 1,064.96 per ounce

Silver Prices (LBMA)

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
08 Aug: USD 16.39, GBP 12.57 & EUR 13.87 per ounce
07 Aug: USD 16.13, GBP 12.35 & EUR 13.67 per ounce
04 Aug: USD 16.70, GBP 12.71 & EUR 14.07 per ounce
03 Aug: USD 16.47, GBP 12.50 & EUR 13.91 per ounce
02 Aug: USD 16.67, GBP 12.60 & EUR 14.09 per ounce


Recent Market Updates

– 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
– Gold A Good Store Of Value – Protect From $217 Trillion Global Debt Bubble
– Why Surging UK Household Debt Will Cause The Next Crisis
– Gold Seasonal Sweet Spot – August and September – Coming
– Commercial Property Market In Dublin Is Inflated and May Burst Again

Mark O'Byrne
Executive Director