June 2015 - GoldCore News

Breaking Gold News And Commentary (30 June 2015)

IMPORTANT NEWS Gold Slips Despite Greek Crisis On Weak Safe-Haven Bids, Robust Dollar -Reuters China Stocks Fall; Asian Shares Gain After Selloff As Euro Slips – Bloomberg Europeans Rush To Gold Coins As Bank of Greece Stops Sales – Bloomberg Gold Settles At 1-Week High On Greek Crisis – MarketWatch Gold Prices Consolidate After Monday’s […]

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Breaking Gold News & Commentary (29 June 2015)

IMPORTANT NEWS Gold Gets Safe-Haven Boost On Greek Fears, Equities Slump – Reuters Gold Climbs On Haven Demand As Greece Risks Exit From Euro Zone – Bloomberg Greece Imposes Capital Controls As Crisis Deepens – Reuters Greek Banks And Stock Exchange ‘To Stay Shut’ – Sky News Athenian Wealth: Millions of Silver Coins Stored in […]

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Breaking Gold News And Commentary (26 June 2015)

IMPORTANT NEWS Gold Ticks Up As Greece Fails To Clinch Debt Deal – Reuters No Deal For Greece, Creditors; Top-Level Talks Resume Saturday – Reuters Gold Futures Settle Lower – Investor Wired China Plans To Launch Yuan Gold Fix By End of 2015 – Yahoo Finance Ministry Of Defence Fends Off ‘thousands’ Of Daily Cyber […]

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Breaking Gold News And Commentary (25 June 2015)

IMPORTANT NEWS Gold Ticks Up From 2-Week Low As Market Eyes Greece – Reuters China To Launch Yuan-Denominated Gold Fix This Year – Reuters Gold Caps Longest Slump in a Month on U.S. Economy – Bloomberg There’s Another Huge Solar Flare Coming – Bloomberg Islamic State Mints Its Own ‘Islamic Dinar’ Coins – The Telegraph […]

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Breaking Gold News And Commentary (24 June 2015)

IMPORTANT NEWS Gold Drops To 1-Week Low As Stocks Rally, Dollar Firms – Reuters Gold Crowdsourcing Is Miner’s Answer To Slumping Price – Bloomberg Gold Posts Lowest Close In Over Two Weeks – MarketWatch Gold’s Back Out Of Favor With Fed In Focus As Greek Deal Nears – Bloomberg Gold, Silver Gain on Week; US […]

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Breaking Gold News And Commentary (23 June 2015)

IMPORTANT NEWS Greece Given 48 Hours to Reach Deal as EU Weighs Debt – Bloomberg Greek Debt Crisis: Markets Rise On Hopes of A Deal In Next 48 Hours Which Tsipras Must Sell To His Party – The Telegraph Greek Optimism Curbs Demand For Gold As Equities Gain – Reuters Asian Shares Bolstered By Hopes […]

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Breaking Gold News And Commentary (22 June 2015)

IMPORTANT NEWS “Interesting new addition to the gold market …” said GoldCore – Sunday Times Greek Gold Sales to Raise Funds Seen Unlikely by Commerzbank – Bloomberg Greece May Be Forced To Curb Bank Withdrawals Next Week – MarketWatch Gold Hovers Near $1,200 As Greece, Dollar Eyed For Cues – Reuters Yellen Surprises Gold Bulls […]

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Gold, Silver Safe Havens as Economic Growth Meets Finite Planet

Quote Albert Allen Bartlett, “The greatest shortcoming of the human race is our inability to understand the exponential function.” For anyone who thinks “Economic Growth”, increasing consumption/GDP is normal and can continue like it has done for past four or five decades then let me disabuse you from that idea…. We live on a finite […]

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Breaking Gold News and Commentary (19 June 2015)

Important News “Gold looks well supported and could extend gains given the more dovish Fed comments” said Goldcore – The Telegraph Gold Trades Near Highest in Three Weeks on Fed Outlook, Greece – Bloomberg Gold firm near $1,200 on dovish Fed; eyes second weekly jump – Reuters Gold tops $1,200 for highest settlement in nearly […]

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Breaking Gold News and Commentary (18 June 2015)

IMPORTANT NEWS Gold Extends Gains On Dovish Fed, Softer Dollar – Reuters Gold Settles Lower, Then Edges Up After Fed Statement – MarketWatch Gold Turns Higher After Fed Statement, Dollar Extends Losses – Reuters Bank Of China Becomes First Asian Firm To Help Set London’s Gold Price – The Telegraph Greeks Admit They Will Default […]

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Breaking Gold News and Commentary (17 June 2015)

IMPORTANT NEWS Aggressive Contagion From Greek Crisis Engulfs Euro Zone Bonds – Reuters Gold Under Pressure As Investors Await Fed For Us Rate Outlook – Reuters Bank Of China Becomes First Chinese Bank To Help Set Gold Price – MarketWatch Bitcoin Surges As Grexit Worries Mount, Posts Best Run In 18 Months – Reuters Australian […]

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Breaking Gold News and Commentary (16 June 2015)

IMPORTANT NEWS Gold Prices Ease Despite Safe-Haven Demand – Wall Street Journal Gold Retains Gains Near $1,185 On Safe-Haven Bids Over Greece – Reuters Gold Rises As Weak Dollar, Greek Uncertainty Support Prices – Reuters Gold Settles Higher After Two-Session Decline – MarketWatch Greece Won’t Present New Proposal to Eurogroup to Unlock Aid – Bloomberg […]

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Breaking Gold News and Commentary (15 June 2015)

IMPORTANT NEWS Gold Climbs As Greece Fails To Clinch Deal; Fed Meet In Focus – Reuters Gold Extends Climb As Greek Talks Collapse Without Bailout Deal – Bloomberg Greece And Creditors Fail In ‘last Attempt’ To Reach Deal – Reuters Greek Talks Seek Agreement as Germany Warns of Euro Exit – Bloomberg Zimbabwe To Phase […]

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Breaking Gold News and Commentary (12 June 2015)

IMPORTANT NEWS Gold “looks undervalued” and “due a bounce” said GoldCore – MarketWatch Gold Heads for Weekly Gain as Greece Concerns Weighed With Fed – Bloomberg Gold Price Back Into Negative Territory As ETF Outflows Continue – BullionDesk 30-Year Mortgage Rate Rises To Eight-Month High – MarketWatch Housing Market Grinds To A Halt As Sales […]

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Breaking Gold News and Commentary (11 June 2015)

IMPORTANT NEWS Gold Firm After 3-Day Rally On Sluggish Dollar, Greek Worries – Reuters U.S. Posts Budget Deficit of $82.4 Billion In May – Reuters Gold Rises Most In 4 Weeks As Greek Woes Boost Demand – Bloomberg Gold Marks Highest Settlement In Over A Week – MarketWatch Justice Department looks for rigging in Treasuries, […]

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Breaking Gold News and Commentary (10 June 2015)

IMPORTANT NEWS “Gold is higher” – “Safe haven bid after equities in Asia and Europe sold off today” – Wall Street Journal Gold Steadies On Softer Dollar, But Fund Outflows Continue – Reuters Asia Shares Wallow Near Three-Month Lows On Fed Anxiety, Greece – Reuters Gold Futures Mark Second Day of Gains – MarketWatch Gold […]

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Breaking Gold News and Commentary (9 June 2015)

IMPORTANT NEWS Gold Edges Up On Weaker Dollar, But US Rate Outlook Caps Gains – Reuters Gold Futures Bounce off 11-Week Low – MarketWatch Gold Rebounds From 11-Week Low As Dollar’s Decline Spurs Demand – Bloomberg U.S. Rate Prospects Spook Global Stocks, Dollar On Defensive – Reuters Greece Said to Submit Revised Budget Plan in […]

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Breaking Gold News and Commentary (8 June 2015)

IMPORTANT NEWS Gold Inches Up Amid Dollar Strength – Wall Street Journal Gold Ticks Up, But Holds Near 11-Week Low Despite U.S. Rate Outlook – Reuters Gold Trades Above 11-Week Low As U.S. Payrolls Strengthen Dollar – Bloomberg Asian Shares Slip, China’s Imports Disappoint – Reuters Russia to Increase Its Gold Reserves – Central Bank […]

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Breaking Gold News and Commentary (5 June 2015)

IMPORTANT NEWS Gold Near 5-Wk Low Before Us Jobs Data, Eyes Third Weekly Dip – Reuters Gold Heads For Third Week Of Declines Before U.S. Payrolls Data – Bloomberg World’s Biggest Gold Etf Loses Place In U.S. Top 10 – Reuters China Denies Involvement In Massive US Data Breach – International Business Times Greece Vows […]

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Breaking Gold News and Commentary (4 June 2015)

IMPORTANT NEWS Greek Hopes, Robust Us Data Keep Gold Near 3-Week Low – Reuters Gold Declines For Second Day As Investors Await U.S. Jobs Data – Bloomberg U.S. Economy Growing At ‘modest’ To ‘moderate’ Pace: Fed – Reuters Ukraine Forces, Separatists Fight First Serious Battles In Months – Reuters Greek Groundhog Day Continues With Talks […]

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