GoldCore News

Are We In A Financial Bubble? Peter Grandich Interview

Peter Grandich is Dave Russell’s guest on GoldCore TV this week and talks about how he believes that the US financial, political, and military reputation has been seriously damaged. Watch the Video to Learn More Make sure you don’t miss a single episode… Subscribe to our YouTube channel Don’t Sell Your Gold!Watch Dr. Marc Faber on GoldCore […]

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Money printing is worse than bad sushi!

Today we watched a video of the Chinese demolishing dozens of high-rise apartment blocks per government mandate, the video is here. This implosion video reached us on the same day that China’s largest real estate development company Evergrande seems ready to also implode its balance sheet.  Here is a story from Reuters with a video […]

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Marc Faber Interview 2021: Don’t Sell Your Gold

This week on GoldCore TV Dave Russell chats with Dr. Marc Faber, Editor and Publisher of the “Gloom, Boom & Doom Report”. Dr. Faber is well known for his outspoken views and contrarian investment approach. Watch the Video to Learn More Make sure you don’t miss a single episode… Subscribe to our YouTube channel Buy Physical Silver […]

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Gold Leads the Way for Silver

Gold leads the way Last week we wrote about the gold to silver ratio. Our points were that it measures the price of one metal against the other, just as we use the dollars per ounce to measure daily metals prices, and just as we use ounces per Corvette to measure purchasing power preservation. Also, […]

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Buy Physical Silver Now- Gary Savage

The Fed has indicated that rates will be raised but has offered no indication of when or by how much. Could this cause a melt-up in stocks before we see a massive correction? We ask our guest on this episode of GoldCore TV, Technical Analyst, Gary Savage of Smart Money Tracker. Watch the Video to […]

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Gold Rallies as Delta Fears Grow

From the Perth Mint Gold prices rose by almost 4% during July as fears over the spread of the COVID-19 Delta variant helped push bond yields lower. Despite the rally, the precious metal remains range bound around USD 1,800 per troy ounce, with the market awaiting a decisive catalyst to determine whether we see more […]

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The Changing Role of Gold

In our post on August 11 titled End of an ERA: The Bretton Woods System and Gold Standard Exchange, we discussed the significance of then-President Nixon’s action of closing the gold window thereby ending the Bretton Woods Monetary system. Under the Bretton Woods monetary system, central banks could exchange their US dollar reserves for gold. […]

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Flash Crash: Gold Markets Poised to Rebound?

On today’s episode of GoldCore TV, Louis Gave of GaveKal joins Dave Russell to discuss whether the gold market can rebound quickly after the recent flash crash? Louis also gives his interpretation of the current state of financial markets and his views on central banks’ digital currency and the future of Bitcoin. Watch the Video to Learn […]

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Gold, Stocks & Commodities- A Complicated Correlation

In our July 29 post titled How Gold Stacks Up Against Stocks, Property, Commodities and Big Macs! we showed readers charts of gold as a ratio to other assets and products. We discussed that gold competes with crypto and stocks for the investment dollars. It was clear that gold as a ratio of the S&P […]

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Quantitative Easing: A Boon or Curse?

Central banks’ massive Quantitative Easing (QE) programs have come under scrutiny many times since the central banks fired up the printing press and began quantitative easing programs en masse after the 2008-09 Great Financial Crisis. However, the increase in central bank assets due to quantitative easing programs during the crisis pale in comparison to the […]

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How Will Basel III Impact the Gold Market?

How Will Basel III Impact the Gold Market? One of the aftereffects of the Great Financial Crisis was increased regulation. At the center of many of these new regulations were provisions to help identify and limit systematic risk. For example, The Financial Stability Board (FSB) was designed to monitor systematically important financial institutions (these systematic […]

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Is Gold Still in a Bull Market?

Today Gareth Soloway, Chief Market Strategist of InTheMoneyStocks.com talks about his technical analysis of gold and silver as well as giving us insights in to the recent moves in Bitcoin and the stock markets. Recent comments from the Federal Reserve Chairman Jerome Powell indicated that they may need to raise rates in 2023 (2 years […]

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The Fed’s Inflation Gamble Continues

The fed’s inflation gamble continues… Are central banks trapped? Last week’s Fed statement and the press conference that followed proved to be the start of a US$90 (4.8%) decline in the gold price. Fed on Economic Recovery The Summary of Economic Projections (known as the dot-plots) released with the statement showed that committee members changed […]

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Gold as a Currency- Interactive Gold Charts

Gold has a long history as a currency and as part of the monetary system. The use of gold as a currency dates back to 600 BC in what is present-day Turkey. Coins were first made of electrum – which is an alloy made up of gold and silver, with trace amounts of other metals. […]

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Is Gold Still a Safe Haven Asset?

Another strike against Bitcoin this week. We discuss bitcoin often because it has been touted as an alternative to gold in many circles. Many of these claims are unsubstantiated and some are outright false. Also, as long-term physical metals investors, we care enough to tackle these falsehoods head on. Commercials are circulating from crypto companies […]

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What could send gold to $5000 per ounce?

Ronni Stoeferle of Incrementum is this week’s guest on GoldCore TV with Dave Russell. He’s discussing what he sees as the major drivers that could send gold to $5,000 an ounce and possibly even as high as $12,000 an ounce over the coming years. Watch the Video to Learn More Make sure you don’t miss […]

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Gold to Gain Momentum in 2021 – Here’s Why

Big ideas are like supertankers filled with oil; both take forever to get moving. The move from one state to another is a boring form of entertainment. However, each is impossible to stop once the momentum has built. Substantial progress can be seen over a period of time and one can notice and understand the […]

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New Video: Dominic Frisby -Why Now is a Good Time to Buy Gold

This week’s guest on GoldCore TV is financial writer, author, and comedian Dominic Frisby who joins Dave Russell to discuss financial markets, inflation and why now is gold and silver’s time to shine… Watch the Video to Learn More Make sure you don’t miss a single episode… Subscribe to our YouTube channel. Gold to hit $3,000, […]

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Will Gold and Silver Surge to New Highs in 2021?

Gold has clearly broken out to the upside in recent days and silver is rallying along with it! Gold has pushed past its 200-day moving average and broke upwards through the downtrend line. The gold price has risen 12% in US dollar terms from the year-to-date low set on March 30, 2021, of US$1683.95 to […]

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Gold to hit $3,000, Bitcoin to $20,000 Chart Warning Signals!

Today on #GoldCoreTV, Gareth Soloway, Chief Market Strategist of InTheMoneyStocks.com, shares some insightful charts that help to understand the warning signals in #Bitcoin, #Gold, and #Silver markets. Watch the Video to Learn More Make sure you don’t miss a single episode… Subscribe to our YouTube channel. Are Central Banks Targeting your Bitcoin? Watch this Episode to […]

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3 Reasons Gold is Now Set to Rally

Gold has rallied to a four-month high – rising in US dollar terms by $100 in the first 18 days of May, and more than $200 since the low this year set on March 30th. On a technical positive gold moved decisively above its 200-day moving average! The decline in the US dollar is one of […]

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Crypto Mania: Dawn of a New Era

Metals prices are up month over month. This is a nice thing to report and rare since last August. The news this week has been entirely about crypto, again. We report on them insofar as crypto seems to divert money and attention away from silver and gold. Perhaps the crypto mania is peaking. That would […]

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Crypto Vs Central Banks- Let the Battle Begin

In today’s episode, Dave Russell of GoldCore TV looks at the actions of central banks, legislators, and regulators and asks… Are Central Banks and Governments now starting to target cryptocurrency investors?  Watch this episode to find out! Watch this Episode to Learn More Make sure you don’t miss a single episode… Subscribe to our YouTube […]

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Demand for Gold is Expected to Grow Exponentially in 2021

The difference between physical gold investing and ETF investing was stark in the first quarter 2021 according to the World Gold Council’s Gold Demand Trends data released last week. Before focusing in on investment demand below a few notes on overall gold demand in the first quarter. Total gold demand in the first quarter of […]

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How Much Gold Do I Need In My Portfolio

In this episode of the #Goldnomics podcast, Stephen Flood, CEO of GoldCore, Mark O’Byrne of Health Wealth Gold, and Dave Russell of GoldCoreTV discuss what assets and asset classes they believe should be included in the portfolio in order to both protect you from and take advantage of the current megatrends identified in the previous […]

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Is this the Endgame for Cryptocurrencies?

For the last two weeks, cryptos were down and gold was up. This has been the case in just 4 of the 17 weeks since January 1, 2021. It’s really a time to think, is this the endgame for cryptocurrencies? However, Gold peaked on August 6, 2020, and is down 14% percent to US$1784.15 per […]

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How to Build a Long Term Portfolio: For the Next 10 Years

In the latest episode of the #Goldnomics Podcast, Stephen Flood, CEO of GoldCore and Mark O’Byrne of Health Wealth Gold joins Dave Russell to discuss if it is possible to build the #perfectportfolio for the next 10 years? But what are the current megatrends that are emerging and how will it affect your portfolio? How can […]

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Demand for Gold Surges in China

News reports flooded the precious metals news websites that China has drastically increased its quota on how much gold that nation’s banks can import. “China has given domestic and international banks permission to import large amounts of gold into the country, five sources familiar with the matter said, potentially helping to support global gold prices […]

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Is the Silver Squeeze Over?

Chris Vermeulen of TheTechnicalTraders.com is back on #GoldCoreTV with Dave Russell, to help us interpret the recent moves in silver and gold. We also take a look at bitcoin and ask what the recent increased volatility is signaling and in the stock market is the rally in the S&P500 running out of steam? Watch Chris Vermeulen on […]

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Marriage of Gold and Cryptocurrencies: A New Future?

The debate between relatively new digital cryptocurrencies versus ‘tried and true’ gold has dominated most precious metals related websites. But what if gold and cryptocurrencies were combined? According to a Bloomberg article a NYC Real Estate Mogul, after learning about cryptocurrencies from his son, is putting this concept to work by securing a minimum of […]

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The Gold Price is Set to Skyrocket Due to Inflation

The Gold Price Will Skyrocket Due to Inflation. In today’s new episode on GoldCore TV, Dave Rusell discusses how #inflation has taken hold of financial markets. Watch the video to learn more The US National debt has surpassed $28 trillion and continues to accelerate even further. Money printing has grown exponentially, commodity prices are rising […]

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Is ESG Investment the Future of Gold & Silver?

‘ESG’ is a great buzzword in investing right now. For years the momentum has been building for the idea that retirement savings should do more than keep you secure, it also should help the planet. Obviously, no one wants to hurt the planet since its our only home. ESG Investment is shorthand for Environmental, Social […]

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[GoldCore TV] Future Of Silver And Gold: The Global Reset

The well-known financial market analyst and outspoken market commentator Jim Willie of TheGoldenJackass.com is back on GoldCore TV, where he talks about the current state of financial markets and shares his predictions about ‘The Global Reset’ Watch Jim Willie on GoldCore TV Don’t forget to “Like” and share this video and to ensure that you are alerted […]

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Is The Bull Market Over For Gold?

Gold has not made new highs in many months. Gold peaked last year at US$2067 on August 6. The 7 month down leg of more than 18% as been deep enough and long enough that some commentators are now saying that the bull market has now turned to a bear market for gold.  Losing faith […]

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[GoldCore TV] Are Central Banks Suppressing the Gold Price?

Chris Powell is a director of GATA, the Gold Anti-Trust Action Committee. Formed in 1998, GATA’s mission is to expose, oppose, and litigate against collusion to control the price and supply of gold and related financial instruments.  In today’s episode of GoldCore TV, Chris speaks with Dave Russell about the practicalities of Central Bank intervention […]

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Why Is Silver Outperforming Gold?

This time last year is when government mandated Covid-19 lockdowns swept through Europe and the Americas. At the time, the lockdowns were widely expected to only last for several weeks. Governments scrambled to put health protocols in place and increase funding to households and businesses affected by the lockdown restrictions. In an initial response asset […]

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[GoldCore TV] Silver Expected to Rise as Gold Bottoms

In this episode of GoldCore TV, technical analyst Chris Vermeulen of TheTechnicalTraders.com is back for his regular update of the gold and silver charts. Chris is predicting that gold is nearing a bottom and that silver is ripe for a significant move higher. However, as gold and silver don’t exist in a vacuum, we also have a […]

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ETF Gold Demand Soars while Consumer Demand Slows

ETF gold demand from investors has soared over the past year. The unprecedented fiscal and monetary stimulus were rolled out to tackle the effects of Covid -19. However, consumer demand, particularly but not surprisingly, jewellery demand slumped. What’s in store for gold demand fundamentals for 2021? Increased consumer demand in China and India will help […]

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Best Time To Buy Gold And Silver is Now! – David Brady

The best time to buy gold and silver is now, according to, #GlobalProTrader​ David Brady who is Dave Russell’s guest on the latest episode of GoldCore TV.   David shares with us his thoughts about gold as a hedge against inflation and as a hedge against the dollar. Using his personal trading methodology FIPESTxM, he discusses […]

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How Central Banks Create Money Out of Nothing

Central bank meetings over this week (Bank of Canada and European Central Bank) and next week (Bank of England and Federal Reserve) will almost certainly be centered around what approach the central banks should take regarding rising government bond yields. Central banks can choose to continue more of the same, which is to remind markets […]

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Max Keiser – Why is Gold in Bitcoin’s Shadow?

I was delighted to have the opportunity to be interviewed by Max Keiser of The Keiser Report and talk about what’s going on with gold, silver and bitcoin prices so far in 2021. With gold and silver prices dropping while bitcoin rallies, we discuss what impact higher yields will now have on asset markets. We […]

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Central Banks Will Still Do “Whatever It Takes”!

Governments are taking a page out of the play book that monetary policy began a decade ago – which will lead to even higher debt levels. During the throes of the financial crisis almost a decade ago Mario Draghi, then President of the European Central Bank (ECB) pushed the ECB’s mandate to the limits with […]

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Silver Squeeze – Buy Silver Not Conspiracy Theories!

In today’s video we’re talking about the silver squeeze with Miguel Perez-Santalla, the Head of Trading and Sales at Heraeus Metals, one of the worlds largest silver refining operations. Miguel published an article recently in which he expresses concern about some conspiracy theories circulating on the web with respect to the silver market. The #silversqueeze​ […]

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Are Cryptocurrencies the Tulips of the 21st Century

Investor sentiment in gold and silver market has turned quiet of late. Record setting levels in equity markets are one culprit for sure. Another is the exciting drama about GameStop investors who are “sticking it to the suits”. However, the most recent buzz is all about cryptocurrencies and Bitcoin’s revival and skyrocket to over US$52,000, […]

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Gold Price Forecast – LBMA Survey Published

The LBMA (London Bullion Market Association) annual forecast survey published last week shows that forecasters expect the average gold price to rise 11.5% in 2021 to US$1973.8 (forecasters’ average) from the actual average gold price in 2020 of US$1769.6, and for the silver price to rise 38.7% in 2021 to US$28.50 from the actual annual […]

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[GoldCore TV] Louis Gave -How to Prepare for the Coming Crash

The real global economic impact of Covid19Much higher inflation triggered by unprecedented money printingWhy money will continue to flow EastWhy the dollar is set to weaken considerablyWhy you must own gold as an “anti-fragile” asset Louis Gave of Gavekal, one of the world’s leading independent providers of global investment research discusses how your portfolio will […]

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David Morgan – Silver Guru Interview

Is the Short Squeeze in Silver Over Already?What Silver Products Investors Should Be BuyingWhy Physical Silver Wins Over Paper Is the Silver Short Squeeze 2021 over before it begins? Known as “The Silver Guru”, David Morgan is the author of The Morgan Report, an investment newsletter that specializes in the silver market and silver bullion. […]

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Silver – 7 Reasons it is Still Set to Soar

Despite the stalling of the #silvershortsqueeze, is silver still set to soar? The social media induced bump in the silver price fizzled almost as quickly as it began. The buzz around the white metal came after social media turned to silver as the next short squeeze. The #silversqueeze meme started quickly trending on twitter and […]

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Gold, the Tried-and-True Inflation Hedge for What’s Coming!

Global confirmed coronavirus cases surpassed 100 million this week. There is no denying that the coronavirus pandemic has caused tremendous hardship and loss. To mitigate new cases climbing further, stricter lockdown and travel restrictions are being announced and implemented, with the curfew in the Netherlands as an example. Lock-down fatigue, as evidenced by the riots […]

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[GoldCore TV] Should I Buy Gold or Bitcoin?

Should you buy gold or bitcoin? A lot of prospective gold investors are watching the meteoric rise of Bitcoin and fear they are missing out. In today’s video GoldCore CEO Stephen Flood, explains the differing roles that both of these investments play in a well diversified portfolio. And while strong gains have been had in […]

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$1.9 Trillion American Rescue Plan Positive for Gold

Massive $1.9 Tr. American rescue plan to affect markets Yellen takes over at US Treasury, what to expectMore spending initiatives to comeHow all this is positive for gold and silver prices The Biden Administration’s policies are positive for gold and silver prices. The $1.9 trillion – American Rescue Plan released on January 14 is just […]

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Is Bitcoin the Model-T of Money?

Is Bitcoin’s stellar valuation warranted?Is Bitcoin just the pre-cursor to better crypto?The challenges Bitcoin must address for success…This one thing will stop Bitcoin becoming a key player in modern monetary systems… Launched in 1908, the Model T was the world’s first-ever mass-produced car. It completely reinvented transportation, replacing horse-drawn carts and ensuring the development of road […]

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What Next for Markets as Storm Clouds Gather Over Washington?

President Donald Trump impeached againUS Employment figures worse than expectedNew Covid19 strain anxiety grips marketsPossible delays to stimulus to impact marketsBiden addressed concerns re government deficits and growing debt levels Dominating the headlines today globally will be news that President Donald Trump has been impeached for a second time. This coupled with the threat of […]

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[Featured Article] Gold Prices Fall to Lowest Finish in a Week

Via MarketWatch Today’s Featured Article is from MarketWatch with contributions from GoldCore CEO Stephen Flood. Gold futures fell on Wednesday, posting their first loss in three sessions and marking their lowest finish in a week, weighed down by strength in the U.S. dollar, as investors awaited further progress toward a new COVID-19 relief package in Congress […]

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[Video Update] What is Driving the Rally in Gold this Week?

In today’s video update Mark O’Byrne discusses what is driving gold’s rally this week. Also in this episode… Have gold and silver prices formed a base?What will stop the dollar sell-off?Why is Bitcoin falling while gold rises?What Mark is watching this week? Click the video below to watch. Don’t forget to “Like” and share this […]

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There is No Denying that Cash is Trash!

By Stephen Flood Governments are likely to continue printing money to pay their debts with devalued money. That’s the easiest and least controversial way to reduce the debt burdens and without raising taxes. Ray Dalio – Bridgewater Associates This is the only chart that matters in the world today. Consider the following: Gold can only […]

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[Video] These 3 Trends are Set to Send Gold Much Higher

In today’s video update we look at the 3 key trends which will ultimately drive gold higher. NEWS and COMMENTARY Gold dips on stronger dollar; coronavirus concerns cap lossesStocks tumble as lockdown fears grip investors Gold steady as buoyant dollar, U.S. aid doubts offset virus risks GOLD PRICES (USD, GBP & EUR – AM/ PM […]

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Where Next for Gold & Silver [Charts]

Markets have struggled to find a clear direction as they attempt to digest US election news, debate performance, the impact of increased Covid-19 restrictions in many countries and vaccine news. The charts of gold and silver reflect the battle for dominance between the Bulls and the Bears. Today’s silver chart is a bit more crowded […]

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Heavy Metal Selling [Charts]

Anxiety about an increase in Covid19 cases and fears of a second wave coupled with revelations of historic money laundering practices of major global banks weighed heavily on financial markets yesterday. Precious metals were not immune to the sell off which saw gold below $1,900 and silver off a whopping 12% during intraday trading. The […]

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[Chart] Gold is Looking Strong as it Tests Resistance

Since it’s sell-off from it’s early August high, gold has been stuck in an ever decreasing range. Having had a remarkable rally to an intra-day high of $2,078 on the 7th of August Gold has traded sideways and consolidated. This has been viewed by many market commentators as a healthy pause in gold’s bull rally […]

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Video: Equity Options to Trigger the Next Financial Crash

Turbulence in financial markets continues with tech equity markets particularly effected. GoldCore CEO Stephen Flood looks at the effect that the buying of equity derivatives by large “Whales” like Softbank, is having on equity markets. With stocks like Tesla recording PE ratios over 1,200 are we looking at the pin that will burst the tech […]

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Powell says low interest rates could last for years

(CNBC) Interest rates are likely to stay low for years as the economy fights its way back from the coronavirus pandemic, Federal Reserve Chairman Jerome Powell said in remarks published Friday afternoon. “We think that the economy’s going to need low interest rates, which support economic activity, for an extended period of time,” Powell told NPR […]

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Bonds sold, stocks bought as investors eye Jackson Hole

(Reuters) – Traders sold government bonds and bought stocks on Wednesday, placing riskier bets on optimism about U.S.-China trade and expectations of ample central bank stimulus before a key speech by the U.S. Federal Reserve chairman at Jackson Hole. In early London trading, the yield on U.S. 10-year debt rose as high as 0.7190%, close […]

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Gold $€£ 5,000 Per Ounce In “Messy” Global Currency Reset

The coming currency reset will be a “very messy” process as fiat currencies are devalued significantly versus gold. It would involve fixing the price of gold at a specific price, like $€£ 5,000 or $€£ 10,000 per ounce and it may happen as soon as this year. Talking Points From This Episode • What a currency reset could look like. • Futures manipulation […]

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There Is No “Gold Bubble” as Retail Investors Are Only Starting To Invest in Gold – Bloomberg Interview GoldCore

GoldCore Research Director Mark O’Byrne speaks on “Bloomberg Surveillance” about the factors behind the recent sharp fall in the gold price and as gold recovers above $2,000 per ounce, the very positive medium and long term outlook. The outlook is positive due to significant economic uncertainty due to societal and economic lockdowns as the divisive […]

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Gold, Silver Jump After Swings Amid Weak Dollar and Economic Woe

(Bloomberg) Spot gold headed for back-to-back gains as investors weighed the outlook for the metal’s record-setting rally after this week’s dramatic price swings. Silver climbed the most in more than five years. Rising U.S. bond yields helped spark a sharp selloff in gold and silver Tuesday and early Wednesday, followed by a rebound. Both metals […]

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Short Term Weakness Likely Prior To A “Massive Short Squeeze Propels” Gold and Silver “To Much Higher Levels” – GoldCore

From MarketWatch: Gold prices ended lower Thursday, with bullion retreating from a record rally that had seen the precious metal notch nine consecutive days of gains. The precious metal found support Wednesday following the Federal Reserve signaling it planned to keep the low interest rate environment in place for the foreseeable future as the U.S. […]

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Gold Surges To All Time Record High Over $1,940/oz

◆ Gold prices have surged through the all time record nominal high of $1,915/oz in 2011 to over $1,942/oz today due to concerns about the outlook for stocks, bonds and other assets amid a very vulnerable U.S. and global economy. ◆ Gold has surged to new record highs in all major currencies today including new […]

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Gold futures end a stone’s throw away from a record

From Marketwatch Gold futures ended higher for a fifth straight session Thursday, with the most-active contract just short of notching a settlement record, highlighting feverish demand for bullion amid the worst pandemic in over a century. If gold gets to its 2011 record high, “who is to say it can’t go to $2,000 next?” wrote […]

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Silver Breaks Out!

The price of an ounce of silver broke through the resistance level at $21 and continued to rise to $22.75, a level not seen since 2013! Over the last few weeks investors have been taking advantage of any pullback in the price of silver to add to their positions, which has continued to underpin this […]

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‘Death Cross’ Strikes U.S. Dollar As Virus Cases Grow

(Reuters) A resurgent coronavirus pandemic in the United States and the prospect of improving growth abroad are souring some investors on the dollar, threatening a years-long rally in the currency. The dollar index is off 6% from its recent highs, while net bets against the currency in futures markets stand near their highest level since […]

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Silver and Platinum Bar Deliveries Surge As Banks Take Delivery

◆ Physical Demand Supply Imbalance Spreading from Gold to Silver and Platinum and Prices To Gain ◆ ‘Chaos’ in gold markets ripples to silver and platinum markets ◆ Silver, platinum exchange physical bar deliveries surge as banks reposition ◆ Falling open interest signals increase of metal on CME exchanges as turmoil causes inventories to jump […]

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Gold Bars Worth Nearly $200,000 Left On A Train In Switzerland

◆ The owner or transporter of the gold bars could not be established despite ‘extensive investigations’ by the police in Switzerland. (via CNN) — Swiss police are looking for a forgetful individual who left something rather important on a train — a package full of gold bars, worth more than $190,000. The parcel containing the […]

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A Dollar Crash Is Coming

by Stephen Roach via Bloomberg Opinion ◆The world is having serious doubts about the once widely accepted presumption of American exceptionalism. The era of the U.S. dollar’s “exorbitant privilege” as the world’s primary reserve currency is coming to an end. In the 1960s French Finance Minister Valery Giscard d’Estaing coined that phrase largely out of […]

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7 Charts Show Exactly Why You Must “Own Gold” Today

◆ Covid-19 is accelerating many trends that were already in existence. The rising gold price is one such trend. These seven charts, says Dominic Frisby, reveal why gold could soon “go bananas” writing in Money Week It’s all about gold today, folks. This is the week that Incrementum AG puts out its annual research note, […]

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Gold Market Supply Chain Shows Strong Resilience Amid Disruption

The gold supply chain is truly global. Gold is mined on every continent except Antarctica, refined into bars and coins in numerous countries, and distributed far and wide. This geographical dispersion not only brings stability to the gold market, it is also necessary to satisfy demand. But the onset and scale of the COVID-19 pandemic […]

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Is Your Pension ‘Good as Gold’?

Published on Independent Trustee Company (27/05/2020) ◆ With the current level of uncertainty in world markets we have received numerous requests for information on how self directed pension schemes (pre and post retirement) can hold gold and silver. It is accepted that if gold bullion is held via a gold certificates ( Perth Mint Certificates […]

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Silver To Go Over $150/oz In Massive Short Squeeze

Research Director of GoldCore, Mark O’Byrne discusses the safest way to invest in precious metals, the outlook for the precious metals markets, what lead him to start a bullion brokerage and storage company and why silver could rise by 10 times in the coming years. He outlines the differences between bail-outs and bail-ins and why […]

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Will gold really hit $3,000 an ounce in the next 18 months?

By John Stepek Moneyweek Gold is set to hit $3,000 an ounce in the next 18 months. That’s about 50% more than its all-time high, set back in 2011. (It’s at about $1,700 an ounce just now). You might be tempted to dismiss this as yet another hopeful-yet-hallucinatory outburst from the bulletin boards of one […]

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Gold Surges 8.5% in April as Central Banks Create Infinite Amounts of Currency For Bail-outs and Government Spending

NEWS and COMMENTARY Gold Soars 8.5% and Silver 12% in April as Top Central Banks Fight Pandemic’s DamageSilver’s Bull Market Is Only Getting Running Clash of tech titans: Zuckerberg praises coronavirus lockdowns; Musk sees ‘fascism’ Venezuela asks Bank of England to sell its gold to U.N. for coronavirus relief – “sources” Stocks rally on treatment […]

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Trump Threatens China Seeking $160 Billion In “COVID-19 Reparations”; China Gold Exchange Calls For New Super Sovereign Currency

NEWS and COMMENTARY Gold ticks up as dollar weakens; Fed decision eyed Trump says “COVID-19 reparations” coming, “US will bill China at least $160 billion” China Gold Exchange President Calls For Super Sovereign Currency Post-Crisis China starts major trial of state-run digital currency Fed likely to renew vow to use “all tools” to “brace” economy […]

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Gold Will Reach $3,000/oz: “Fed Can’t Print Gold” and Is “Ultimate Store Of Value” – Bank of America

NEWS and COMMENTARY Gold to Reach $3,000—50% Above Its Record, Bank of America Says “Fed Can’t Print Gold”: BofA Calls Gold “Ultimate Store Of Value”, Raises Price Target To $3,000London, Gold Hub for Centuries, Eyes Delivery ‘Around the World’Billionaire Ray Dalio says coronavirus marks the start of a technology driven ‘Brave New World’ Central Banks […]

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Will COVID19 Push Gold to 5,000?

◆ Yes is the short answer. ◆ Given the scale of the crisis, gold at $5,000 could happen sooner than most expect and it is only a matter of time (see table below). ◆ It is not the Covid-19 panic that will push prices higher. An economic, financial and monetary crisis was inevitable anyway. The […]

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Gold Bullion Coin and Bar Shortages Continue and Deepen

Editors Note: The shortage of gold bullion coins and bars continues and appears to be deepening. It is not just smaller one ounce bullion coins and bars that are sold out and increasingly unavailable but also larger gold and silver bars including gold kilo bars (32.15 ozs) worth and 1,000 oz silver bars. Refineries, government […]

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ECONOMICS TURNED ON ITS HEAD! GOLDCORE VIDEO UPDATE

◆ “Epic” gold shortages, government and bank risk and corruption and U.S. unemployment and stocks both surge … ◆ Stephen Flood, David Russell & myself just recorded our first ever Live Video Gold Market Update on YouTube ◆ GoldCore remains open for business and when they become available we are buying coins and bars from our […]

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Gold Coin and Bar Shortage Deepens and Premiums Surge

◆ Gold and silver coin and bar shortages have deepened globally due to massive demand and a breakdown in supply (see News below).◆ GoldCore remains open for business and we are buying coins and bars from clients and we are continuing to buy and sell gold and silver certificates. We are buying coins and bars […]

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Don’t Panic – Prepare

◆ Markets have collapsed around the world as we predicted as the ‘Giant Ponzi Everything Bubble’ meets the massive pin that is the coronavirus’ impact on already vulnerable indebted economies. ◆ Stocks have crashed and bond markets and banks may be next … “bank holidays”, bail-ins and currency resets are likely ◆ The virus is […]

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Gold Hedging Stock Market Crash: S&P500 Collapses 10% In One Day

◆ Stock markets around the world are collapsing today as the financial and economic implications of the impact of the pandemic on already massively indebted companies and governments is realised. ◆ Investors are liquidating en masse risk assets from equities to industrial commodities, while gold has held its ground. ◆ The FTSE 100 is down […]

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Silver Prices To Gain Due To Expanded Industrial Demand and Investment Demand for ETFs, Coins and Large Bars

Macroeconomic and geopolitical conditions will remain broadly supportive for precious metals, encouraging investors to remain buyers of silver, a development that should lift silver prices higher this year, according to officials of the Silver Institute.The Institute provides the following insights on 2020 silver market trends. Silver Demand The Silver Institute foresees a 3 percent increase […]

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Goldman: 3 Key Reasons Why We Are Bullish On Gold

On “Bloomberg Commodities Edge”, Bloomberg’s Alix Steel and Naureen Malik talk with Jeff Currie, global head of commodities research at Goldman Sachs. They discuss Goldman’s bullish stance on gold. Gold is gaining on mounting speculation China and other central banks will unleash stimulus to counter the economic pain from the coronavirus outbreak, boosting liquidity in […]

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Trump, Saudi Arabia and the End of the Petrodollar

◆ The end of Saudi Arabia and the coming revolution in Islam according to Robert Fisk ◆ The end of Saudi Arabia means the end of the petrodollar which will likely lead to the dollar falling severely against gold resulting in severe inflation, nationalisation of retirement savings and other forms of wealth confiscation according to […]

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State Street: Gold ‘Definitely Works’ and is an ‘Inflation Hedge’, ‘Dollar Hedge’ in Era of Heightened Geopolitical Risk’

◆ State Street’s senior multi-asset strategist, Benjamin Jones, discusses the importance of gold in asset allocation on “Bloomberg Daybreak: Europe” ◆ “Bitcoin or gold?” “I prefer gold. Bitcoin is interesting but would I suggest it to my clients … definitely no … but it might be a bit of fun to own on the side” […]

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Gold Coins Worth £80,000 Found In Retiree’s Drawers In Cottage: “It Was Mind-Blowing. I Felt Like a Pirate in a Grotto”

◆ Gold coins including gold sovereigns found in drawers of deceased retiree’s cottage sell at auction for £80,000 ◆ British gold coins including gold sovereigns from the Royal Mint found in drawers and cupboards of cottage fetch £80,000; one British gold sovereign found in a sugar bowl ◆ Auctioneer John Rolfe expected little before he […]

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Gold ETF Holdings Reach All Time Record Highs

◆ Total known gold holdings in exchange traded funds (gold ETFs) have reached a new record highs as investors diversify into gold ◆ Known gold holdings surge above previous high from 2012 after expanding for past four years and surging in 2019◆ Recent allocations to gold ETFs comes as investors weigh impact of a global […]

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Gold Gains As Investors Eye Economic Impact Of Coronavirus

NEWS and COMMENTARY Gold gains as virus fuels economic worry Gold ends slightly higher as traders eye economic impact of coronavirusGlobal stocks tumble over China epidemic worries U.S. economy growing moderately in fourth quarter US will keep tariffs on China even if coronavirus starts hurting growth, Trump advisor Peter Navarro says How the coronavirus outbreak […]

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World’s Largest Hedge Fund Sees Gold Rising 30% To $2,000

◆ Bridgewater’s co-chief investment officer Greg Jensen told the Financial Times that gold prices could rally to $2,000 an ounce. ◆ The manager from the world’s biggest hedge fund cited increased income inequality in the U.S. and rising tensions with China and Iran as uncertainties that will prompt more safe-haven buying. ◆ Jensen also believes […]

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Why Do Prudent Indians Diversify Into Gold?

◆ Indians diversify into gold coins, bars and jewellery because it never fails them in an emergency ◆ Indians are simply very prudent and practical and believe in channeling some of their wealth and saving into physical gold ◆ “A woman’s gold is both her personal treasure and plays a functional role as the family’s […]

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Happy Christmas from the GoldCore Team

Happy Christmas and Wishing You All a Healthy & Prosperous 2020 Happy Christmas to you and yours.We hope you had a prosperous 2019. Thank you for your support during the year and in recent years. Christmas and New Years Trading HoursPlease take note of our trading hours over the Christmas and New Year’s Season. Please […]

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Largest Gold Nugget in Britain Found in River in Scotland – “Experts” Concerned About a Scottish Gold Rush

The largest gold nugget in Britain has been found in a Scottish river, as experts reveal that members of the public are taking up hunting after watching YouTube clips. The diver, who wishes to remain anonymous, discovered the £80,000 “doughnut-shaped” nugget using a method called “sniping”, in which a prospector uses a snorkel and hand tools to scan […]

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Global Gold Buyers Are ‘Confident’ in Gold

‘Retail Gold Insights 2019’ has just been published by the World Gold Council. It is a thematic analysis of their new consumer research survey. With a base of 18,000 participants across India, China, Russia, Germany, the US and Canada, we believe it is the largest ever consumer survey on the global gold market. 5 main themes of […]

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Owning GLD Is Not Owning Gold – CNBC

Chris Powell of GATA writes today about how he finds it interesting that CNBC are careful to admit that owning the GLD ETF is not the same thing as owning physical gold, a theme that has run strongly throughout our market commentaries for many years. He writes… Two cheers for today’s CNBC report celebrating the […]

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Gold Rises As Trade Deal Doubts Pressure Stocks

NEWS and COMMENTARY Gold climbs, on track to post first gain in 5 sessions Gold rises as trade deal doubts pressure equities U.S. October budget deficit hits $134.5 billion, 34% higher than the year before Fed’s Powell says interest rates unlikely to change as long as growth continues Copper slips after Trump threat of more […]

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World Debt Downgrade Warning – Moody’s

◆ A World Debt Downgrade Warning (WDDW) has been issued by credit rating agency Moody’s due to deepening global geopolitical uncertainty and risks ◆ Moody’s has issued a debt downgrade warning to the entire world on fears that severe political turmoil from London to Hong Kong poses a threat to the global economy (see News […]

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Gold Prices Steady Over $1,500/oz After 0.4% Gain Last Week

NEWS and COMMENTARY Gold prices flat after weekly gain; Trade optimism lifts riskier assets Gold ends off 5-week high but tallies weekly gain in a period focused on jobs and Fed Moody’s leaves South Africa teetering on brink of ‘junk’ China gold consumption falls in first three quarters, gold output also lower India gold demand […]

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Time To Replace Bonds With Gold

◆ “It may be time to replace bonds with gold” according to the just released excellent new Investment Update by the World Gold Council. ◆ Central banks have shifted to a new regime of easy monetary policy, thus reducing expected bond returns. ◆ As negative yielding debt increases alongside stock-to-yield valuations to all-time highs, gold […]

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IMF Warning: ‘World’s Financial System Is More Stretched, Unstable and Dangerous Than It Was On the Eve of the Lehman Crisis’

◆ The International Monetary Fund (IMF) has again warned that the world’s financial system is more stretched, unstable and dangerous than it was on the eve of the Lehman crisis ◆ Quantitative easing, zero percent interest rates and massive financial repression has pushed investors – and in the case of pension funds or life insurers, […]

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Gold ETFs See Holdings Reach All Time Record Highs In September

◆ Global gold ETF holdings reach all time record highs, increasing by 13.4% so far in 2019 on hedging and safe haven demand ◆ Global gold ETFs, ETCs and similar products had US$3.9bn of net inflows across all regions, increasing their collective gold holdings by 75.2 tonnes(t) to 2,808t, the highest levels of all time in September ◆ Gold ETF […]

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Gold Falls Despite President of the United States Attacking “Fail Again” Federal Reserve

NEWS and COMMENTARY Trump: Powell and the Federal Reserve Fail Again. No “guts,” no sense, no vision! A terrible communicator!  Federal prosecutors, commodity regulators broaden manipulation probe beyond precious metals JP Morgan’s ‘spoofing’ isn’t the big manipulation GATA has pursued, Official manipulation is BIS gold swaps rose in August but still lower than last year […]

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Citigroup Say Gold May Top Record At $2,000 Per Ounce

◆ Gold will “trade stronger for longer” and Citigroup see gold possibly topping new nominal highs at $2,000 an ounce in the next year or two ◆ Citi is bullish on gold due to the prospect of the Fed cutting interest rates to zero, heightened geopolitical tensions and rising risks of a global recession (see […]

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G7, Trump Tweets and Uncertainty Underline Importance of Owning “Physical Gold In A Vault” – GoldCore on Bloomberg

Mark O’Byrne, executive director at Goldcore Ltd., discusses his outlook for gold as gold reached record highs in euros (see chart) amid global uncertainty. He speaks on “Bloomberg Markets: European Open.” (Source:Bloomberg) – Given the serious developments at the G7, Trump’s tweet regarding Fed Chairman Powell being akin to an enemy and the escalating trade […]

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Gold 1% Lower At $1,497 After Third Week Of Gains

Gold prices dip on firmer dollar, stocks Gold prices fall on stronger dollar, equities Papua New Guinea Aims to Retain 30% of Exported Gold, May Change Currency Pegs India’s central bank demands more enthusiasm for gold paperizing campaign Blenheim Palace ‘installs £1million 18-carat gold toilet for visitors’ How modern monetary theory could spike a new […]

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Gold Surges To 6 Year High As Trade and Currency Wars Intensify

NEWS & COMMENTARY Gold Firms Near 6-year Peak as Trade Tensions Trigger Safe-Haven Bets Gold Surges to 6-year High as Trade Worries Lift Safe-Haven Bets U.S. Treasury Designates China as a Currency Manipulator US Labelling China ‘Currency Manipulator’ to Shake Global Financial Markets – People’s Bank of China China Media Says U.S. ‘Destroying International Order’, […]

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US, EU and China To Revalue Gold In New ‘De Facto’ Gold Standard

US, EU and China could pursue joint revaluation of precious metal By Willem MiddelkoopOfficial Monetary and Financial Institutions Forum via OMFIFLast year 22 central banks, situated largely to the east of Germany, bought the largest amount of gold since 1967, the year the London Gold Pool collapsed. The gold repatriations by many European countries of […]

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Silver Prices At 1 Year High Over $16.50 Per Ounce

Silver prices settles at their highest since June 2018; 7 days of gains in 8 trading sessions Silver has surged over 9% so far in July; from $15.10/oz to $16.50/oz Silver rose again yesterday, its 7th gain in 8 sessions, which saw the September contract gain another 6.5 cents, or 0.4%, to settle at $16.48 […]

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Deutsche Bank Posts Q2 Net Loss of 3.15 Billion Euros

News and Commentary Deutsche Bank Posts Second-quarter Net Loss of 3.15 Billion Euros Gold Futures Fall; Silver Ends at a More Than 1-year High Gold Holds Steady as Weak U.S. Data Offsets Strong Dollar Stocks Rise on Earnings; Sterling Falls Boris Johnson, UK PM Pledges to Deliver Brexit in Just Over Three Months Silver Is […]

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Silver At 13 Month High At $16.30/oz As Gold Also Gains

News and Commentary Silver Closes at 13-month High as Gold Ekes Out a Gain Gold Steady as Big Rate Cut Bets Fade, Analysts Eye Further Upside Gold Looks for Direction After Hitting 6-year High Iran Says It Arrests CIA Spies, Gulf Tensions SimmerSilver Seeks to Catch Up With Gold – Holmes It’s Now Smart to […]

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PIMCO: “Currency Cold War” May See Gold Soar Higher

One of the most well informed investment analysts in the business, Joachim Fels, has warned that we are in a “currency cold war” which may see gold soar much higher. Fels is the global economic adviser at Pimco – the Californian bond asset management behemoth which has $1.76 trillion in assets under management. Yesterday he […]

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Europe Circumvents U.S. Sanctions On Iran

Europe has found a way of circumventing U.S. sanctions on Iran. The governments of France, Germany and the United Kingdom have developed a special purpose vehicle (SPV) to enable European businesses to maintain non-dollar trade with Iran without breaking U.S. sanctions. That SPV, known as INSTEX, is now up and running. The three governments announced […]

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Gold Climbs, but Not Because of Trade Wars

Gold is moving higher and steadily so. It’s hold north of $1,400 is impressive and worrying at the same time. We have seen record flows of late, with long term safe haven demand rising a pace. It was Germany last week and China this week, the flow of disappointing indicators is now gathering pace.  China […]

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Why Gold Prices Have Climbed to Their Highest Since 2013

Dovish statements from global central banks recently aren’t the only reason for gold’s rise past $1,400 an ounce this week to levels it hasn’t seen in nearly six years. “Gold is a global market and U.S. monetary policy, while important, is not the only driver of performance,” Juan Carlos Artigas, director of investment research at […]

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Facebook Should Link its Libra Cryptocurrency to Gold – Steve Forbes

Billionaire publisher Steve Forbes wrote a letter to Mark Zuckerberg last week encouraging Facebook to back Libra with gold: Dear Mr. Zuckerberg: Your company made big headlines when it announced it would be launching a cryptocurrency called the Libra in 2020. Not surprisingly, given the nature of the times, the project has been greeted with intense criticism […]

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Why the Gold Rally Is Set to Run

A confluence of factors is leading to a rally in gold prices that could last for several years. It’s all systems go for gold investors. The bullion market is stirring from a multiyear slumber and looks set to enter a sustained rally, experts say. Double-digit increases within the next 18 months may be only the […]

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Global Gold Alert: Is Your Gold S.A.F.E. ?

GOLDNOMICS PODCAST (Episode 12) Watch Podcast Here or Listen on Apple Podcasts, SoundCloud or Blubrry It is now time to move to own actual physical gold coins and bars Become your own central bank and avoid ETF and online gold Take delivery and own gold and silver bullion the S.A.F.E. way Gold ETFs, online gold […]

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London House Prices Drop Eight Quarters In A Row

News and Commentary UK Housing Market Weak and London House Prices Drop Eight Quarters In A Row UK Construction Sector Suffers Worst Month in 10 Years as Brexit Bites Gold Rises on Global Growth Worries, US-EU Trade Conflict US Shares Hit Record and Gold Drops as Trade Talk Hopes Rise Wave’ of M&A Will Hit […]

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Credit Suisse: Gold May Retest Record High of $1,921

GoldCore Note Gold prices are marginally higher today and look set to have their best monthly gain since June 2016. Spot gold was up 0.2% at $1,413.60 per ounce in late morning trading in Europe. Gold has risen over 8% this month so far. A monthly close above $1,400/oz will be positive from a technical […]

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Gold, Silver Primed For Break Outs as Recession Looms

GoldCore Note Gold and silver have weakened today and have fallen from the 14 month high seen on Friday. Spot gold was down 0.4% at $1,338.30 per ounce in early U.S. trading. It surged to $1,358.04 on Friday, its highest level since April 11th, 2018. The return of risk appetite as seen in gains for […]

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Gold Moves Higher Again As US-China Trade War Impacts Stocks

GoldCore Note Gold prices have moved higher today after hitting a one-week low yesterday. Renewed worries over the U.S.-China trade war and its impact on the global economy are pushing gold higher. Stocks globally have fallen as risk aversion creeps back in as the trade war escalates, increasing the appeal of gold bullion as a […]

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Start Preparing For Inflation Today

For the left, all private property becomes fair game… Don’t delay and start preparing your finances now Left wing governments may be elected – Where is safe to invest? The UK is still as divided as ever over Brexit and a nasty shock lurks around the corner Corbyn is not investor-friendly: Real risk of inflation […]

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Risks Rising That Dollar May Lose Its Special Global Standing

Gold Drops, Ending Nine Day Rally Gold Drops From 14-month High as U.S.-Mexico Deal Lifts Risk AssetsEuropean Banks Have Paid Over 20 Billion Euros to the ECB Since Negative Interest RatesTrump Ready to Slap More Tariffs on China After G20 Meeting More China Tariffs Could Push the US Into a ‘Trump Recession,’ CEO Says Watch […]

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Gold on Track for 7 Day Winning Streak as Dollar Slumps

Gold Extends Gains to a 7th Session, the Longest Winning Streak in Over a Year Gold Climbs Towards 2019 Highs on Expectation of Fed Rate Cut NY Fed President John Williams Rails Against Low Inflation and Calls for Central Bank Action Trump to Decide on $300 Billion China Tariffs After G20 Meeting Dollar Dump? Russia […]

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India’s Gold Imports Jumped 49% In May

Gold Notches 5th Straight Session Climb, Longest Run of Gains Since January Gold Steadies After Hitting Near 3-month Peak on Rate Cut Hopes Venezuela Defaults on Gold Swap With Deutsche Bank  ‘Buckle Up!’ When Oil and Gold Trade Like This, It Usually Spells Doom for the Market  Stanley Druckenmiller Sold Everything and Bought Treasurys After […]

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Gold Investment In Switzerland Remains Very Popular

Investors in Switzerland like gold and it is the second most popular investment after property or real estate 20% plan on invest in gold in the next 12 months Almost two-thirds buy or invest in precious metals at their bank; fewer than one-in-ten buy gold online by Alistair Hewitt of the World Gold Council There’s […]

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Gold Firms As Trade Worries Sour Risk Appetite

Gold Firms as Trade Worries Sour Risk Appetite; Dollar Caps Gains Silver Settles at Fresh Low for the Year; Gold Drops in Back-to-Back Sessions Gold Prices Off One-week High as U.S.-China Trade Tensions Lift Dollar Global Bond Yields Fall Near Multiyear Lows Top Officials at New York Fed Stepping Down Operation Taking Place to Recover […]

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The Best Way To Invest In Gold

By Dominic Frisby, Money Week Today we’re talking gold. I’m not going to make projections about the price – whether it’s going to go up or down. Instead we’re going to look at the cost of buying and selling gold. How to buy gold on the cheap What’s the easiest, cheapest way to buy gold? […]

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Gold Prices Build On Weekly Gain – Indian Demand, Falling Stocks, Terrorism, Trade Wars,Economic and Political Uncertainty Supporting Gold

Gold falls, but tallies a weekly gain after reasserting haven role Gold firms above $1,280 as weak U.S. data rekindles rate-cut hopes India gold prices flip to premium as demand picks up Terror fears as ‘parcel bomb’ explosion injures 13 in Lyon, France Dow heads for fifth straight negative week, longest losing streak since 2011 […]

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Gold Suppression: It’s Not a Question of IF but to WHAT EXTENT

by Frank Holmes via USFunds.com First of all, let me say that gold price suppression (“fixing,” “rigging,” “manipulating” or however else you want to think about it) is not just a conspiracy theory. It’s a well-documented phenomenon, with real actors and real ramifications. In 2014, Barclays was fined nearly $44 million for failing to prevent […]

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Euro Stocks Fall on Trade and Geopolitical Worries

News European Shares Under Pressure From Chipmakers, Ryanair, Trade Worries Gold Near 2-week Low as Dollar Eclipses Safe-haven AppealAsian Shares Steady After Slump, Oil Jumps on Saudi CommentsU.S. Warship Sails in Disputed South China Sea Amid Trade TensionsBitcoin Rally Is Masking Capital Flight From Crypto Exchanges Commentary Brutal Gold Futures Explain Last Week’s Price Decline […]

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3 Charts Warning Investors To Rebalance Portfolios

by Frank Holmes via SeekingAlpha.com Before we get to looking at those three charts, let’s talk about the trade war. On Friday the Trump administration made good on its threat to raise tariffs on as much as $200 billion worth of Chinese imports to 25 percent from the previous 10 percent. The president also said […]

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Gold Pinned Below $1,300; Modest Gain Despite Iran Risks and Slowing Economy

News Gold Settles With a Modest Gain, Remains Pinned Below Gold Steadies as Stocks Retreat; Trade Uncertainty Persists Weak U.s. Retail Sales, Industrial Output Highlight Slowing Economy U.S., European Shares Strengthen After Trump Auto-Tariff Delay Us Orders ‘non-emergency Government Employees’ to Leave Iraq Commentary 3 Charts Warning Investors To Rebalance Portfolios Global Trade Collapsing To […]

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Metro Bank Tells UK Customers Their Deposits Are Safe

News Gold tops $1,300 for highest finish in a month, as U.S. stock market drops on trade tensions Gold eyes best day in 3-months as China hits back over U.S. tariffs Trump says he will meet with Xi and Putin at G20 Wall Street dives as U.S.-China trade war escalates Commentary Metro Bank tells UK […]

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Gold Higher as Trump’s China Tariff Threat Unsettles Markets

Gold finishes higher as Trump’s China tariff threat unsettles markets Gold steadies as Trump’s tariff threat supports dollar Trump’s China tariff threat sends Wall St. lower Stocks reel as Trump tweets on China unnerve markets Trump vows new tariff hike on Chinese goods, escalating tension in trade talks Trade Talks Are Foundering on Mistrust and […]

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Central Banks Are Ditching the Dollar for Gold

Central Banks Are Ditching the Dollar for Gold (Bloomberg) Central bank binge buying fuels red-hot gold demand – WGC (Reuters) Gold poised for gains as global markets brace for turmoil: Reuters poll (Reuters) Societe Generale resigns as London gold and silver market maker – (Reuters) Turkish central bank to set up lira-for-gold swap market (Reuters) […]

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Russia Warns U.S. Over ‘Aggressive’ Moves In Venezuela

– Gold ends lower, then climbs after Fed policy update – Fed holds rates steady, citing lack of inflation pressure – Dow and S&P 500 erase gains after Powell dashes rate-cut hopes – Fed sticks with ‘patient’ policy, notes weaker core inflation – cuts interest-rate paid for excess reserves again – Russia warns U.S. over […]

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