Gold and Silver Bullion – News and Commentary
Gold edges up as dollar holds steady (Reuters.com)
Fed Spells Relief for Gold Traders Worried Over Rate-Hike Pace (Bloomberg.com)
Bitcoin is still a good bet as long as greater fools are buying (MarketWatch.com)
Fed Raises Rates While Sticking to Three-Hike Outlook for 2018 (MarketWatch.com)
Yellen Isn’t Buying Trump’s Tax Cut Talk of an Economic Miracle (Bloomberg.com)
Fed Raises Rates, Eyes Three 2018 Hikes as Yellen Era Nears End (Bloomberg.com)
Gold Will Soar… As China Kneecaps the Dollar (InternationalMan.com)
Global Negative Yielding Debt Surges To $9.7 Trillion Despite ECB’s QE Taper (ZeroHedge.com)
Gold Prices (LBMA AM)
14 Dec: USD 1,255.60, GBP 935.67 & EUR 1,062.49 per ounce
13 Dec: USD 1,241.60, GBP 929.96 & EUR 1,056.97 per ounce
12 Dec: USD 1,243.40, GBP 933.92 & EUR 1,056.27 per ounce
11 Dec: USD 1,251.40, GBP 935.80 & EUR 1,061.19 per ounce
08 Dec: USD 1,245.85, GBP 924.42 & EUR 1,061.09 per ounce
07 Dec: USD 1,256.80, GBP 937.57 & EUR 1,066.77 per ounce
06 Dec: USD 1,268.55, GBP 948.37 & EUR 1,072.31 per ounce
Silver Prices (LBMA)
14 Dec: USD 16.01, GBP 11.92 & EUR 13.54 per ounce
13 Dec: USD 15.71, GBP 11.76 & EUR 13.38 per ounce
12 Dec: USD 15.78, GBP 11.82 & EUR 13.40 per ounce
11 Dec: USD 15.84, GBP 11.84 & EUR 13.43 per ounce
08 Dec: USD 15.83, GBP 11.76 & EUR 13.48 per ounce
07 Dec: USD 15.91, GBP 11.94 & EUR 13.49 per ounce
06 Dec: USD 16.12, GBP 12.06 & EUR 13.64 per ounce
Recent Market Updates
– UK Stagflation Risk As Inflation Hits 3.1% and House Prices Fall
– Buy Gold, Silver Time After Speculators Reduce Longs and Banks Reduce Shorts
– Bitcoin – Plan Your Exit Strategy Now – Maybe With Gold
– Gold Demand Increases Along with Uncertainty Thanks to Trump, Brexit and North Korea
– UK Pensions Risk – Time to Rebalance and Allocate to Cash and Gold
– Bailins Coming In EU – 114 Italian Banks Have NP Loans Exceeding Tangible Assets
– Silver’s Positive Fundamentals Due To Strong Demand In Key Growth Industries
– An Interview with GoldCore Founder, Mark O’Byrne
– Risk Of Online Accounts Seen As One of Largest Brokerages In World Halts Online Trading After “Glitch”
– Low Cost Gold In The Age Of QE, AI, Trump and War
– Own Gold Bullion To “Support National Security” – Russian Central Bank
– Bitcoin $10,000 – Huge Volatility of Cryptocurrencies and Risky Fiat Making Gold Attractive
– Financial Advice from Dr Wayne Dyer
– Buy Gold As Fed Shows Uncertainty And Concern Over Financial ‘Imbalances’
– Brexit Budget – Grim Outlook As UK Economy Downgraded