GoldCore News

Gold Likely To Reach Record Highs In USD Over $1,915/oz In The Summer

◆ All time record high gold prices in dollar terms are likely to be seen in the coming weeks and by the summer. ◆ Gold has already reached all time record highs in euros, pounds and many other fiat currencies in recent days and given the appalling outlook for the US economy and the US […]

READ MORE

Gold Is The Best Performing Asset In 2020 YTD: +15% in USD, +18% in EUR and +23% in GBP

◆ Gold is 15% higher in dollars, 18% higher in euros and 23% higher in sterling year to date as safe haven demand sees gold act as a hedge again. ◆ Silver has under-performed gold in the short and medium term and is only 1% higher year to date in dollars, 4% in euros and […]

READ MORE

Gold Surges To New Record Highs in Euros and Pounds and to $1,765/oz, the Highest Level In Dollars Since 2012

◆ Gold has surged to new record highs in most currencies today including new record highs in British pounds at £1,458/oz and in euros at €1,632/oz ◆ Gold has risen to $1,765/oz in dollars which is a 1.3% gain, it’s fourth day of gains and a new 8 year high in dollars as U.S. Chinese […]

READ MORE

Gold Hits New Record Highs On Currency Debasement, Brexit and U.S. China Risks

◆ Gold has surged to new record highs in British pounds at £1,422/oz, is touching near record highs in euros at €1,607/oz and is 1.8% higher this week in dollars to $1,738/oz, near a new 8 year high. ◆ Gold’s gains on all currencies are due to concerns about the outlook for global economies and […]

READ MORE

Irish House Prices To Fall 12% to 20% This Year and Will Fall Until “Signs of an Economic Turnaround Emerge”

◆Home price decline will be poorest performance in the market since 2012 via Irish Times KBC Group sees house prices in the Republic falling by 12 per cent this year, as the economy deals with the coronavirus crisis, the Belgian banking giant signalled on Thursday. The figure is described as a “base case” in an […]

READ MORE

Gold Remains the ‘Canary in the Coal Mine’ and Is Again Warning of Currency Crisis

◆ “There Is Manipulation In The Gold Futures Market” – Watch Video Update ◆ “There is always going to be those who have a vested interest in it not going past the all time high for as long as they can attempt to manage that” ◆ “It is all about maintaining faith in the dollar […]

READ MORE

Pandemic, Lockdowns, Fake and Manipulated Markets – Gold and Silver Outlook

◆ The massive global debt driven “Everything Bubble” is bursting due to the pandemic and more specifically the governments draconian economic lockdowns ◆ A dollar crisis is inevitable with U.S. government debt surging by some $2 trillion in a matter of weeks and ballooning to over $25 trillion ◆ Wall Street has just been bailed […]

READ MORE

31 Gold and Silver Charts – Demand Will Soar and Gold Will Surge Once It Surpasses $1,900/oz

NEWS and COMMENTARY 31 Gold and Silver Charts – Demand Will Soar and Gold Will Surge Once It Surpasses $1,900/oz (GoldChartsRUs) “This event coming into play just prior to taking out all time highs at $1900 after which one could expect the prices to accelerate & demand soar.” Coronavirus Sickens Almost 90 at Biggest Russian […]

READ MORE

Gold Gains On Economic Fears; IMF, Dalio and Goldman Warn; “Biblical” Wave Of Bankruptcies To Hit US

    NEWS and COMMENTARYGold rises on global growth fear; firm dollar caps gains Gold gains ground as investors brush off equity strength “Biblical” Wave Of Bankruptcies Is About To Flood The US ECB Insists It Must Go Beyond Normal Tools, IMF Says Buckle Up Ray Dalio Sees Monopoly Money as Easiest Way Out of […]

READ MORE

Silver To Go Over $150/oz In Massive Short Squeeze

Research Director of GoldCore, Mark O’Byrne discusses the safest way to invest in precious metals, the outlook for the precious metals markets, what lead him to start a bullion brokerage and storage company and why silver could rise by 10 times in the coming years. He outlines the differences between bail-outs and bail-ins and why […]

READ MORE

Will gold really hit $3,000 an ounce in the next 18 months?

By John Stepek Moneyweek Gold is set to hit $3,000 an ounce in the next 18 months. That’s about 50% more than its all-time high, set back in 2011. (It’s at about $1,700 an ounce just now). You might be tempted to dismiss this as yet another hopeful-yet-hallucinatory outburst from the bulletin boards of one […]

READ MORE

Gold Surges 8.5% in April as Central Banks Create Infinite Amounts of Currency For Bail-outs and Government Spending

NEWS and COMMENTARY Gold Soars 8.5% and Silver 12% in April as Top Central Banks Fight Pandemic’s DamageSilver’s Bull Market Is Only Getting Running Clash of tech titans: Zuckerberg praises coronavirus lockdowns; Musk sees ‘fascism’ Venezuela asks Bank of England to sell its gold to U.N. for coronavirus relief – “sources” Stocks rally on treatment […]

READ MORE

Trump Threatens China Seeking $160 Billion In “COVID-19 Reparations”; China Gold Exchange Calls For New Super Sovereign Currency

NEWS and COMMENTARY Gold ticks up as dollar weakens; Fed decision eyed Trump says “COVID-19 reparations” coming, “US will bill China at least $160 billion” China Gold Exchange President Calls For Super Sovereign Currency Post-Crisis China starts major trial of state-run digital currency Fed likely to renew vow to use “all tools” to “brace” economy […]

READ MORE

Gold Surges To New All Time Record Highs in Euros, Pounds and Most Currencies

◆ Gold prices surged to new all time record highs in euros and pounds at 1,614/oz and £1,406/oz respectively on Friday due to concerns about the outlook for both the UK and EU economies and concerns about the outlook for both sterling and the single currency in an era of unprecedented economic and monetary risk. […]

READ MORE

Gold Will Reach $3,000/oz: “Fed Can’t Print Gold” and Is “Ultimate Store Of Value” – Bank of America

NEWS and COMMENTARY Gold to Reach $3,000—50% Above Its Record, Bank of America Says “Fed Can’t Print Gold”: BofA Calls Gold “Ultimate Store Of Value”, Raises Price Target To $3,000London, Gold Hub for Centuries, Eyes Delivery ‘Around the World’Billionaire Ray Dalio says coronavirus marks the start of a technology driven ‘Brave New World’ Central Banks […]

READ MORE

Gold Marginally Lower Despite Oil Collapse; Stocks Fall Sharply

NEWS and COMMENTARY Swiss Gold Exports to U.S. Jump to at Least Eight-Year High: 43.2 tons in March Gold pares losses as oil rout hammers risk appetite Price on June US crude futures tumble 30%; May contract falls further into negative territory European shares tumble on oil crash, dour earnings Oil crash hits stocks, dollar […]

READ MORE

U.S. Mint Halts Gold and Silver Coin Production; Supply Shortages Deepen and Premiums High

NEWS and COMMENTARY U.S. Mint Plant Halts Gold Coin Output Just as Demand Is Surging (see chart below) Gold on track for 2nd weekly gain on global recession fears Virus threatens to hit economy harder than war and flu in 1918 A double recession? Economies risk debt crises after stimulus spending Gold Still Shines 50 […]

READ MORE

Safe Haven Gold To Protect As ‘Great Lockdown’ To Create Great Depression

NEWS and COMMENTARY Gold slips as investors lock in profits, recession fears cap losses Gold’s Powerful Rally Brings $1,800 Into View Gold rallies to over 7-year high as virus sparks depression fears Goldman says downturn will be four times worse than the financial crisis Asia shares take a breather, China cuts medium-term rates Oil in […]

READ MORE

Gold Surges To New Record Highs in Euros at €1,581/oz and $1,726/oz in Dollars

◆ Gold prices surged to new all time record highs in euros and other digital fiat currencies today due to concerns about the outlook for risk assets and currencies in an era of unprecedented economic and monetary risk. ◆ Gold prices rose to a more than seven-year high in dollars today at $1,726/oz (see chart […]

READ MORE

Will COVID19 Push Gold to 5,000?

◆ Yes is the short answer. ◆ Given the scale of the crisis, gold at $5,000 could happen sooner than most expect and it is only a matter of time (see table below). ◆ It is not the Covid-19 panic that will push prices higher. An economic, financial and monetary crisis was inevitable anyway. The […]

READ MORE
Newsletter
Category
Archives
Popular

No posts available