04
Oct
2017

Hard Assets in an Age of Negative Interest Rates

Gold and Silver Bullion – News and Commentary

GOLD EDGES HIGHER AS DOLLAR WEAKENS (BullionDesk.com)

Gold crawls up as dollar retreats (Reuters.com)

ETF Buyers Exit SPDR Gold as Fed Fears Eclipse Missile Mayhem (Bloomberg.com)

Bitcoin’s rise may be like when ‘paper money displaced gold’ – Goldman’s CEO (MarketWatch.com)

Bank of England warns European banks are not ‘sufficiently focused’ on Brexit risks (CityAM.com)


Global Financial Assets Total Return YTD. Source: Zero Hedge

Hard Assets In an Age of Negative Interest Rates (Mises.org)

Big institutional investors all make this one big mistake (StansBerryChurcHouse.com)

The Best And Worst Performing Assets In September, Q3 And 2017 YTD (ZeroHedge.com)

An Accountant Smells a Rat (TheyDailyCoin.org)

Bitcoin and the Tragedy of the Speculations (24HGold.com)

Gold Prices (LBMA AM)

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
29 Sep: USD 1,286.95, GBP 963.15 & EUR 1,090.82 per ounce
28 Sep: USD 1,284.30, GBP 961.04 & EUR 1,091.40 per ounce
27 Sep: USD 1,291.30, GBP 963.83 & EUR 1,099.54 per ounce
26 Sep: USD 1,306.90, GBP 969.59 & EUR 1,105.38 per ounce
25 Sep: USD 1,295.50, GBP 957.89 & EUR 1,089.26 per ounce

Silver Prices (LBMA)

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
29 Sep: USD 16.86, GBP 12.60 & EUR 14.27 per ounce
28 Sep: USD 16.82, GBP 12.53 & EUR 14.28 per ounce
27 Sep: USD 16.89, GBP 12.58 & EUR 14.38 per ounce
26 Sep: USD 17.01, GBP 12.67 & EUR 14.43 per ounce
25 Sep: USD 16.95, GBP 12.57 & EUR 14.27 per ounce


Recent Market Updates

– 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
– Pensions and Debt Time Bomb In UK: £1 Trillion Crisis Looms
– Gold Investment “Compelling” As Fed May “Kill The Business Cycle”
– “This Is Where The Next Financial Crisis Will Come From” – Deutsche Bank
– Global Debt Bubble Understated By $13 Trillion Warn BIS

Mark O'Byrne
Executive Director