Here’s Why Bitcoin Won’t Replace Gold So Easily

Gold and Silver Bullion – News and Commentary

Gold recovers from two-week low on softer dollar (Reuters.com)

Gold recovers from 2-week lows and rises above $1280 (FXStreet.com)

Wall St. retreats from record highs; tech, industrials drag (Reuters.com)

U.S. Stocks Drop at Start of Big Week for Earnings (Bloomberg.com)

Venezuela allows $1.7 billion gold swap with Deutsche to lapse (Reuters.com)

Spanish Banks Fall on Fresh Political Upheaval (TheStreet.com)


Source: US Funds via Forbes

Here’s Why Bitcoin Won’t Replace Gold So Easily (Forbes.com)

Americans Have More Debt Than Ever — Creating An Economic Trap (BusinessInsider.com)

Here Is The IMF’s Global Financial Crash Scenario (ZeroHedge.com)

Politicians and Unfolding Pensions Disaster – Are You Infuriated Yet? (GoldSeek.com)

History Of Gold and Silver Flows From South America to Medieval Europe and Today (LMBA.org)

Gold Prices (LBMA AM)

23 Oct: USD 1,275.25, GBP 967.79 & EUR 1,085.62 per ounce
20 Oct: USD 1,280.25, GBP 974.27 & EUR 1,084.76 per ounce
20 Oct: USD 1,280.25, GBP 974.27 & EUR 1,084.76 per ounce
19 Oct: USD 1,283.40, GBP 975.64 & EUR 1,087.42 per ounce
18 Oct: USD 1,280.65, GBP 972.53 & EUR 1,090.47 per ounce
17 Oct: USD 1,289.70, GBP 973.47 & EUR 1,097.02 per ounce
16 Oct: USD 1,305.15, GBP 981.08 & EUR 1,107.03 per ounce

Silver Prices (LBMA)

23 Oct: USD 17.00, GBP 12.90 & EUR 14.47 per ounce
20 Oct: USD 17.08, GBP 12.96 & EUR 14.46 per ounce
20 Oct: USD 17.08, GBP 12.96 & EUR 14.46 per ounce
19 Oct: USD 17.03, GBP 12.93 & EUR 14.40 per ounce
18 Oct: USD 16.95, GBP 12.86 & EUR 14.42 per ounce
17 Oct: USD 17.11, GBP 12.96 & EUR 14.55 per ounce
16 Oct: USD 17.41, GBP 13.09 & EUR 14.75 per ounce


Recent Market Updates

– Next Wall Street Crash Looms? Lessons On Anniversary Of 1987 Crash
– Key Charts: Gold is Cheap and US Recession May Be Closer Than Think
– Gold Up 74% Since Last Market Peak 10 Years Ago
– How Gold Bullion Protects From Conflict And War
– Silver Bullion Prices Set to Soar
– Brexit UK Vulnerable As Gold Bar Exports Distort UK Trade Figures
– Puerto Rico Without Electricity, Wifi, ATMs Shows Importance of Cash, Gold and Silver
– U.S. Mint Gold Coin Sales and VIX Point To Increased Market Volatility and Higher Gold
– Global Outlook – Mad, Mad, Mad, MAD World: News in Charts
– Young Guns of Gold Podcast – ‘The Everything Bubble’
– London House Prices Are Falling – Time to Buckle Up
– Perth Mint Gold Coins Sales Double In September
– Survey shows UK and US Pensions Crisis is Imminent

Mark O'Byrne

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