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 ends austerity (BusinessInsider.com)

Pound plunges as Bank of England holds interest rates and cuts growth forecast on ‘Super Thursday’ (Telegraph.co.uk)

Gold at half the S&P. Multi-year low? Source: Frisby via Money Week

Miners and emerging markets look good as does gold – Frisby (MoneyWeek.com)

Surprise! Gold Prices Have Beaten the Market So Far this Century (Forbes.com)

Risk, Uncertainty And Markets – Dr Gurdgiev (SeekingAlpha.com)

There is $300 billion worth of gold locked in the vaults of London (QZ.com)

World’s Biggest Pension Fund Rides Stocks to $46 Billion Gain (Bloomberg.com)

Gold Prices (LBMA AM)

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
02 Aug: USD 1,266.65, GBP 956.83 & EUR 1,069.56 per ounce
01 Aug: USD 1,267.05, GBP 957.76 & EUR 1,072.30 per ounce
31 Jul: USD 1,266.35, GBP 965.59 & EUR 1,079.06 per ounce
28 Jul: USD 1,259.60, GBP 961.96 & EUR 1,075.45 per ounce
27 Jul: USD 1,262.05, GBP 960.29 & EUR 1,076.53 per ounce

Silver Prices (LBMA)

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
01 Aug: USD 16.74, GBP 12.67 & EUR 14.17 per ounce
31 Jul: USD 16.76, GBP 12.77 & EUR 14.29 per ounce
28 Jul: USD 16.56, GBP 12.66 & EUR 14.15 per ounce
27 Jul: USD 16.79, GBP 12.77 & EUR 14.34 per ounce


Recent Market Updates

– 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
– Gold Hedges Against Currency Devaluation and Cost Of Fuel, Food, Beer and Housing
– Millennials Can Punt On Bitcoin, Own Gold and Silver For Long Term
– “Time To Position In Gold Is Right Now” says Jim Rickards
– Bloomberg Silver Price Survey – Median 12 Month Forecast Of $20

Mark O'Byrne
Executive Director