09
Oct
2017

Gold Readying to Rally

Gold and Silver Bullion – News and Commentary

Gold gains amid renewed North Korea fears (Reuters.com)

Chinese stocks rise after weeklong holiday (MarketWatch.com)

No Angst Seen Among Indian Investors as Local Flows Accelerate (Bloomberg.com)

Corker says he worries Trump’s recklessness could lead to ‘World War III’ (MarketWatch.com)

Dollar down from 12-week high vs yen as North Korea fears weigh (Reuters.com)


Weekly Precious Metal Price Changes (Ed Steer via GoldSeek)

Gold Readying to Rally (ZealLLC.com)

Gold and Silver Digest – Ed Steer (GoldSeek.com)

Bass On “Worthless” Puerto Rican Debt, The Crypto “Gold Rush”, And Guns (ZeroHedge.com)

JP Morgan Dimon’s status quo bias and the “internet replay” (StansberryChurcHouse.com)

US government lost nearly $1 trillion in FY2017. Again (SoveriegnMan.com)

Gold Prices (LBMA AM)

09 Oct: USD 1,282.15, GBP 976.23 & EUR 1,092.01 per ounce
06 Oct: USD 1,268.20, GBP 970.43 & EUR 1,083.93 per ounce
05 Oct: USD 1,278.40, GBP 969.28 & EUR 1,086.51 per ounce
04 Oct: USD 1,275.55, GBP 960.87 & EUR 1,085.11 per ounce
03 Oct: USD 1,270.70, GBP 959.00 & EUR 1,081.87 per ounce
02 Oct: USD 1,273.10, GBP 956.48 & EUR 1,084.55 per ounce

Silver Prices (LBMA)

09 Oct: USD 16.92, GBP 12.86 & EUR 14.41 per ounce
06 Oct: USD 16.63, GBP 12.73 & EUR 14.20 per ounce
05 Oct: USD 16.66, GBP 12.64 & EUR 14.19 per ounce
04 Oct: USD 16.83, GBP 12.67 & EUR 14.29 per ounce
03 Oct: USD 16.61, GBP 12.53 & EUR 14.13 per ounce
02 Oct: USD 16.58, GBP 12.46 & EUR 14.12 per ounce


Recent Market Updates

– Survey shows UK and US Pensions Crisis is Imminent
– Gold Investment In Germany Surges – Now World’s Largest Gold Buyers
– Yahoo Hacking Highlights Cyber Risk and Increasing Importance of Physical Gold
– Safe Haven Silver To Outperform Gold In Q4 And In 2018
– Plan For Run On The Pound
– Russia Gold Rush Sees Record Reserves For Putin Era
– China Catalyst To Send Gold Over $10,000 Per Ounce?
– Gold Matches S&P 500 Performance In First 3 Quarters; Up 12% 2017 YTD
– Gold Standard Resulted In “Fewer Catastrophes” – FT
– Financial Advice From Man Who Made $1+ Billion in 1929 – Importance Of Being Patient and “Sitting”
– “Gold prices to reach $1,400 before the end of the year” – GoldCore
– Commodities King Gartman Says Gold Soon Reach $1,400 As Drums of War Grow Louder
– Bitcoin “Is A Bubble” but Gold Is Money Says World’s Biggest Hedge Fund Manager

Mark O'Byrne
Executive Director