18
Sep
2017

Sterling Vulnerable as May Prepares to Outline Brexit Strategy

Gold and Silver Bullion – News and Commentary

Asia stocks hit decade high, dollar firm before Fed meeting (Reuters.com)

Too soon to determine risks of central bank-issued cryptocurrencies: BIS (Reuters.com)

Will gold shine brightly again this autumn as bitcoin crashes? (TheNational.ae)

China provides $10 billion credit line to Iran (TimesOfIsrael.com)

Sterling Vulnerable as May Prepares to Outline Brexit Strategy (Bloomberg.com)

source: www.bloomberg.com/news/articles/2017-09-17/sterling-vulnerable-as-may-prepares-to-outline-brexit-strategy

Kyle Bass: China’s $40 Trillion Banking System Has “Largest Imbalances I’ve Ever Seen” (ZeroHedge.com)

What Last Week Tells Us About Bitcoin (Bloomberg.com)

Asking prices for London homes record biggest falls this decade (TheGuardian.com)

The brutal global stockmarket crash that hit Britain hardest (MoneyWeek.com)

The U.K.’s Economic Outlook Is Getting Rosier (Bloomberg.com)

Gold Prices (LBMA AM)

18 Sep: USD 1,314.40, GBP 970.16 & EUR 1,100.68 per ounce
15 Sep: USD 1,325.00, GBP 977.32 & EUR 1,109.16 per ounce
14 Sep: USD 1,323.00, GBP 1,002.44 & EUR 1,111.58 per ounce
13 Sep: USD 1,332.25, GBP 1,003.85 & EUR 1,112.43 per ounce
12 Sep: USD 1,326.25, GBP 1,000.66 & EUR 1,109.41 per ounce
11 Sep: USD 1,338.75, GBP 1,015.31 & EUR 1,114.24 per ounce
08 Sep: USD 1,350.90, GBP 1,026.82 & EUR 1,120.71 per ounce

Silver Prices (LBMA)

18 Sep: USD 17.53, GBP 12.94 & EUR 14.66 per ounce
15 Sep: USD 17.70, GBP 13.03 & EUR 14.81 per ounce
14 Sep: USD 17.75, GBP 13.40 & EUR 14.91 per ounce
13 Sep: USD 17.91, GBP 13.50 & EUR 14.94 per ounce
12 Sep: USD 17.75, GBP 13.37 & EUR 14.87 per ounce
11 Sep: USD 17.85, GBP 13.51 & EUR 14.86 per ounce
08 Sep: USD 18.21, GBP 13.80 & EUR 15.09 per ounce


Recent Market Updates

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– Buy Gold for Long Term as “Fiat Money Is Doomed”
– Conor McGregor – Worth His Weight In Gold?
– Gold Has 2% Weekly Gain,18% Higher YTD – Trump’s Debt Ceiling Deal Hurts Dollar
– ‘Things Have Been Going Up For Too Long’ – Goldman CEO
– Physical Gold In Vault Is “True Hedge of Last Resort” – Goldman Sachs
– Bitcoin Falls 20% as Mobius and Chinese Regulators Warn
– Gold Surges To $1338 as U.S. Warns of ‘Massive’ Military Response
– Precious Metals Outperform Markets In August – Gold +4%, Silver +5%
– 4 Reasons Why “Gold Has Entered A New Bull Market” – Schroders

Mark O'Byrne
Executive Director