GoldCore News

Yellen Warns Another Financial Crisis Is Brewing

– ‘Gigantic holes in the system’ warns former Fed Head – Interest rates will remain lower than they have been in past – Leveraged loans pose risks and there is unfinished regulation – “I think things have improved, but then I think there are gigantic holes in the system” – No new financial crisis in ‘our […]

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Germany Accelerates Plans For Deutsche Bank-Commerzbank Megamerger

News and Commentary May Returns to Brexit Front Line After Surviving Tory Ambush (Bloomberg.com) Gold edges lower, palladium hits record high (Reuters.com) Asia stocks rally into a second day with Hong Kong markets in the lead (MarketWatch.com) Gold settles higher as inflation in line and the dollar takes a dip (MarketWatch.com) Stocks cheered by Trump trade […]

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Gold Krugerrand Coin Worth $1,200 Donated To Charity Again

– Gold Krugerrand coin worth $1,200 put in charity kettle – this time in Alaska – Mystery Salvation Army gold donors keep giving Gold Krugerrands – Gold, like pounds, euros and dollars can be used for good or ill – Give the gift of gold in this the Season of Kindness  Gold Krugerrands (1 oz) […]

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South African Gold Output Collapse Continues – Drops 13th Straight Month in October

News and Commentary Dow closes lower after swinging more than 500 points in another volatile session (CNBC.com) Stocks cheered by Trump trade talk; sterling plagued by politics (CNBC.com) Japan, Hong Kong lead big stock rebound in Asia Wednesday (MarketWatch.com) Trump threatens shutdown over border wall during heated meeting with Pelosi, Schumer (MarketWatch.com) After May asks for […]

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EU Recession Imminent – Euro Disunion as Brexit, Italy and End of QE Loom

by John Mauldin Someone asked recently how many times I had “crossed the pond” to Europe. I really don’t know. Certainly dozens of times. It’s been several times a year for as long as I remember. Graphic: European Central Bank That makes me an extremely unusual American. Most of us never visit Europe, except maybe for […]

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“Gold Is Looking Interesting” – May Take Out 5 Years of Highs in 50 Trading Days

News and Commentary Gold gains on weaker dollar, chance of slower US rate hikes (CNBC.com) Gold is regaining poise in Asia, rising call demand suggests more gains ahead (FXStreet.com) Dow erases 500-point drop and closes higher in another wild session (CNBC.com) Apple helps Wall St. pull back after S&P hits eight-month low (Reuters.com) Fed seen slowing, […]

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Gold and Silver Gained 2% and 3% Last Week While Stocks Dropped Nearly 5%

  Close Gain/Loss On Week Gold $1248.40 +$10.10 +2.19% Silver $14.63 +$0.25 +3.25% XAU 67.94 +2.40% +5.40% HUI 153.93 +2.58% +6.13% GDM 560.05 +2.34% +5.32% JSE Gold 1201.13 -0.09 +9.31% USD 96.60 -0.14 -0.61% Euro 114.10 +0.24 +0.80% Yen 88.80 +0.01 +0.67% Oil $52.61 +$1.12 +3.30% 10-Year 2.856% -0.031 -4.86% Bond 143.90625 +0.34375 +2.27% Dow […]

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Stocks Fall on Heightened Trade Worry; Gold Firm

News and Commentary Stocks Fall on Heightened Trade Worry; Dollar Dips (Bloomberg.com) Asia stocks fall after Chinese trade data misses expectations (MarketWatch.com) Gold steady near 5-month peak, soft U.S. jobs data supports (Reuters.com) French central bank and JP Morgan team up to boost Gold Lending (BullionStar.com) India and United Arab Emirates to stop using U.S. dollars […]

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Irish Central Bank Refuses To Discuss Gold Reserves In Bank of England Vaults

– As Brexit looms, the Central Bank of Ireland has refused to discuss the location and value of Irish gold reserves – No date given for removal of “commercially sensitive” gold reserves from Bank of England vaults – Bank of England vaults in London believed to hold almost €200 million of Irish gold – Ireland’s financial system […]

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Global Gold Backed ETF Flows Are Now Positive in 2018

News and Commentary Gold notches a gain as stock market tumbles amid intensifying U.S.-China clash (MarketWatch.com) Gold notches a gain as stock market tumbles amid intensifying U.S.-China clash (MarketWatch.com) Gold climbs to near 5-month peak as dollar, stocks decline (CNBC.com) Gold-backed ETFs up on stock volatility in November (Reuters.com) Dow rebounds from 780-point plunge, ends day […]

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“Fake Markets” To Lead to Global Financial Crisis? – Goldnomics Podcast

– What are “Fake Markets” and will they lead to another global financial crisis? – What do fake markets mean for stock and bond market performance in the future?  – Is this the right time to re-balance portfolios and hold more cash and gold? In episode 9 of the Goldnomics Podcast, Stephen Flood GoldCore CEO […]

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Palladium Extends Rally to New Record – Gold To Play Catch Up

News and Commentary Gold inches higher as dollar dips amid risk aversion (CNBC.com) Asian markets plunge, led by tech stocks, after Huawei exec’s arrest (MarketWatch.com) May’s Brexit deal under fire as legal advice stiffens opposition (Reuters.com) Gold prices end lower, a day after settling at their highest in over 4 months (MarketWatch.com) Gold Gets Leapfrogged as […]

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Gold Is “Coiled” and Looks Set To Surge Like Natural Gas — Bloomberg Intelligence

– Gold’s “setup” is “similar to natural gas before its big rally” – Gold is gaining favour over stocks, bitcoin and cryptos – Metals may be primary beneficiaries of imminent greenback peak – Silver “appears ready for a potential longer-term recovery” – GoldCore editors note: Natural gas is 56% higher year to date by Bloomberg Intelligence […]

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European Stocks Slump on Trade Woes as Banks Slide, Gold Firms

News and Commentary Gold futures tally highest finish since July (MarketWatch.com) Gold prices steady as dollar edges higher (Reuters.com) What President Bush’s day of mourning means for stock, bond & commodity traders (MarketWatch.com) Palladium at record high, with prices at their closest to gold in 16 years (MarketWatch.com) Dow plunges nearly 800 points on rising fears […]

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“Collapse Of Civilisation Is On The Horizon” – Attenborough Warns World Leaders

– “Time is running out” – Sir David Attenborough “Continuation of civilisation is in your hands,” Attenborough warns world leaders – Mass extinction is “on the horizon” – Failure to ‘join the dots’ between environmental risks and significant economic challenges (Editors note: The world faces some very serious ecological challenges due to the pollution, destruction […]

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Gold Hits Over One-Month High On Easing Dollar

News and Commentary Perth Mint’s Nov gold sales surge 75 percent, Silver lower (Reuters.com) Asian markets take a break a day after big gains (MarketWatch.com) Asia shares fall as lift from US-China trade truce ends (Reuters.com) As Fed Rethinks Path for Rates, Gold’s Poised to Jump in 2019 (Bloomberg.com) Gold prices climb to over 1-month high […]

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Deutsche Bank May Cause The Next Global Crisis

By Greg Hunter’s USAWatchdog.com The International Monetary Fund (IMF) previously deemed Deutsche Bank as the most systemically dangerous bank in the world. Professor of Economics and Law, William Black, knows why and contends: “Deutsche Bank (DB) poses as what is called a ‘National Champion’ bank and the largest bank by far in Germany, but it’s actually the largest criminal enterprise in Germany. This […]

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“Setup For Gold Is Getting Better and Better” said GoldCore

News and Commentary Gold posts a second straight monthly gain (MarketWatch.com) Asia-Pacific stocks jump on U.S.-China trade truce (MarketWatch.com) G20 sealed landmark deal on WTO reform by ducking ‘taboo words’ (Reuters.com) Fed Chair Jerome Powell survives a critical week, faces bigger tests (CNBC.com) Trump hails trade deal with China as one of the largest ever made […]

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Ireland’s Mr Gold Reveals Nuggets Of Wisdom For When The Next Crash Comes

Ireland’s Mr Gold Reveals Nuggets Of Wisdom For When The Next Crash Comes Editors note: I am not sure what to make of being called “Ireland’s Mr Gold” but I suppose you could be called worse. For me, my fellow founder Stephen and our excellent team, it has never been about gold itself, but rather […]

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Gold’s Set Up Is Getting Better and It Looks Set For A Strong 2019

News and Commentary Gold prices flat ahead of Trump-Xi meet at G20 summit (Reuters.com) U.S. pending home sales drop in October (Reuters.com) US weekly jobless claims rise to 6-month high (CNBC.com) Deutsche Bank Raided in Laundering Probe Going Into 2018 (Bloomberg.com) Gold’s set up is getting better and better and it looks set for a strong […]

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