Gold Blog

Gold Downside $850/oz; Upside Jump to $2,000/oz on ‘Grexit’

-Capital Economics chart-based analysis sees gold ending year higher at $1,400 per ounce -Sees a remote possibility of gold falling to $850 per ounce -A “Grexit” may cause gold to surge to $2,000 per ounce Julian Jessop from Capital Economics has written an interesting short piece on the company’s expectation for gold prices. It analyses […]

READ MORE

Happy Saint Patrick’s Day

Happy Saint Patrick’s Day Wishing you health, wealth, good luck and good fun this Saint Patrick’s Day from all the team in GoldCore May your home be filled with laughter  May your pockets be filled with gold And may you have all the happiness Your heart can hold GoldSaver Account allows anyone to buy and […]

READ MORE

Minister Noonan Sells Stocks and Invests In Gold

– Ireland’s Minister of Finance shifted personal wealth out of stocks and into gold – Minister invested in SPDR Gold Shares ETF, Portuguese government bonds and other ETFs – Maintained holdings in bank and agricultural commodities ETFs – Gold ETF not a safe haven asset – much unappreciated counterparty risk The Minister for Finance in […]

READ MORE

Euro Plunges, Gold Up 11% In Euro This Year

– Gold has risen 11% versus the euro in 2015 – Builds on 12% gains against the euro in 2014 – Sentiment poor despite reasonable performance – Gold performing well considering significant gains in stocks and dollar – Dollar centric view misleading – Currency wars intensifying – Complacency and hubris rife Gold rose 12% against […]

READ MORE

Fed’s Annual Stress Tests: Deutsche Bank & Santander Fail

– Largest banks in Germany and Spain fail Federal Reserve’s ‘stress tests’ – Stress tests designed to assess whether lenders can withstand another financial crisis – U.S. subsidiaries fail Fed stress tests on ‘‘widespread and critical deficiencies’’ in identifying risks – Deutsche and Santander bank fail on “qualitative” grounds – 28 out of 31 banks […]

READ MORE

Apple Gold Demand – Bloomberg View Misrepresents GoldCore

– Bloomberg View’s Mark Gilbert misrepresents our widely read Apple gold demand – CNBC quoted extensively and favourably from our market update – Gilbert quoted selectively from our piece to misrepresent “gold bugs” – Silly gold ‘bug’ name calling shows bias against gold and towards stocks – “Gold bugs” and “stock roaches” can peacefully coexist […]

READ MORE
Newsletter
Category
Archives
Popular

No posts available