Daily Market Update

Best hedge against inflation is gold, not bitcoin

Gold and Silver Bullion – News and Commentary

Gold rises from over 3-week low on bargain hunting (Reuters.com)

Asian Stocks Rally After U.S. Rebound; Bonds Gain (Bloomberg.com)

Miner Barrick to take $429 million charge at stalled gold project (Reuters.com)

China remains largest gold buyer (China.org.cn)

Global gold mine supply plateaued in 2017 as China output fell 9% (FT.com)

Forget bitcoin – the best hedge against inflation is gold (MoneyWeek.com)

Why did the stockmarket crash and what should you do now? (MoneyWeek.com)

China’s love affair with gold heats up on property boom riches (Bloomberg.com)

What on Earth Happened to Stocks? Here’s Where to Cast the Blame (Bloomberg.com)

Fear Creeps Back into Stocks, Shining a Light on Gold (GoldSeek.com)

Gold Prices (LBMA AM)

07 Feb: USD 1,328.50, GBP 956.12 & EUR 1,075.95 per ounce
06 Feb: USD 1,344.65, GBP 962.50 & EUR 1,083.52 per ounce
05 Feb: USD 1,337.10, GBP 947.20 & EUR 1,072.49 per ounce
02 Feb: USD 1,345.00, GBP 946.48 & EUR 1,077.61 per ounce
01 Feb: USD 1,341.10, GBP 941.99 & EUR 1,077.98 per ounce
31 Jan: USD 1,343.35, GBP 950.29 & EUR 1,078.98 per ounce

Silver Prices (LBMA)

07 Feb: USD 16.69, GBP 12.02 & EUR 13.52 per ounce
06 Feb: USD 16.81, GBP 12.07 & EUR 13.59 per ounce
05 Feb: USD 16.88, GBP 12.01 & EUR 13.56 per ounce
02 Feb: USD 17.14, GBP 12.05 & EUR 13.72 per ounce
01 Feb: USD 17.19, GBP 12.09 & EUR 13.82 per ounce
31 Jan: USD 17.23, GBP 12.17 & EUR 13.84 per ounce

Recent Market Updates

– Gold Rises As Global Stocks Plunge and Bitcoin Crashes 70%
– Shrinkflation Intensifies – Stealth Inflation As Thousands of Food Products Shrink In Size, Not Price
– U.S. Debt Is “Extraordinarily High” and Are Stock And Bond Bubbles – Greenspan
– Gold Bullion Price Suppression To End? Bullion Bank Traders Arrested For Manipulating Market
– ATMs Hit By Malware “Jackpotting” Attacks That Dispense All Cash In Minutes
– London Property Market Tumbles As Glut of Luxury Apartments Grows To 3,000
– Silver Bullion: Once and Future Money
– Greatest Stock Bubble In History? GoldNomics Podcast Transcript
– Davos – My Personal Experience of the $100,000 Event, $60 Burgers, Massive Inequality and the Blockchain Revolution
– Is This The Greatest Stock Market Bubble In History? Goldnomics Podcast
– Cyber War Coming In 2018?
– Government Shutdown Ends – Markets Ignore Looming Debt and Bond Market Threat
– Global Pension Ponzi – Carillion Collapse One Of Many To Come

Mark O'Byrne
Executive Director


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