Is Inflation Dead? – Bloomberg Business Week Inflation Is Here and Coming From a contrarian perspective, the front page of Bloomberg Business Week this week is a classic contrarian sign that we may be on the verge of a serious bout of inflation or indeed stagflation as the global economy slows sharply and currencies are […]
Gold firms as weak data puts focus back on growth risks (Reuters.com) Gold prices tally a second straight gain but hover near lows of the year (MorningStar.com) Euro stung by German growth fears, political uncertainty (Reuters.com) Romanian parliament votes to bring gold reserves back from Bank of England (Reuters.com) World Trade Volumes Are Plunging at […]
Via GoldSeek Strengths The best performing metal this week was palladium, up 3.52 percent as CPM Group noted that the price could climb to $1,800 on supply constraints. Gold traders and analysts switched from bullish to mostly neutral or bearish on the yellow metal this week, according to the weekly Bloomberg survey. Turkey’s gold reserves […]
Gold ends higher as the U.S. stock market pauses its rally (ForexTv.com) Gold prices inch up off 4-month low, still pressured by strong dollar (Reuters.com) Bank of Canada cuts growth forecast, abandons talk of rate hikes (Reuters.com) U.S. yields lower on soft global data, after strong auction (Reuters.com) SWOT Analysis: Venezuela Liquidated $400 Million in […]
Royal Bank of India (RBI) may buy another 1.5 million oz this year according to OCBC Many other central banks including large creditor nations Russia and China are also adding to gold holdings via Bloomberg India’s central bank is likely to join counterparts in Russia and China scooping up gold this year, adding to its […]
Gold slips towards 4-month low as robust dollar dents appeal (Reuters.com) Asian shares fall despite strong Wall Street; oil retreats (Reuters.com) Australia shares end at over 11-year high on rate cut hopes; NZ rises (Reuters.com) Gold worth billions smuggled out of Africa (Reuters.com) Worsening Mood in Germany, France Damps Euro-Area Rebound Hopes (Bloomberg.com) World’s […]
– Russia buys 18.7 tonnes of gold bullion in March 2019– Russia’s official gold holdings are now 2,150.5 tonnes which as a percent of foreign exchange reserves in gold is 19.1% (see table)– Russia liquidated 85% of its US Treasury holdings in just two months in April and May 2018– Russia dumped over $90 billion […]
PRECIOUS-Gold eases as strong equities check support from Iran sanctions (Reuters.com) Gold ends higher after settling last week at 2019 low (MarketWatch.com) Gold holds steady on softer dollar, U.S.-Iran tensions (Reuters.com) U.S. to end all waivers Iran oil imports, crude price jumps (Reuters.com) World’s Oldest Gold Object May Have Just Been Unearthed in Bulgaria (GoldReview.com) […]
Watch Video Here – Your family who once dismissed you as a crazed gold bug, now herald you as an investment guru!– When there is widespread confidence in the dollar, euro, pound and all fiat currencies– When the next financial and monetary crisis is over and a degree of stability and sanity prevails!– When the […]
by Eoin Treacy via Proactive Investors Gold is the world’s most polarising asset. People either love it or hate it. You’ll be denigrated a gold bug for owning it, or an ignorant moron for not. There are good reasons for this division. Gold’s position is an odd one thanks to its characteristics, history and the […]
Gold slips to 2019 low as global economic outlook improves (Reuters.com) Romania’s central bank objects to lawmakers’ attempt to repatriate gold reserve (Romania-Insider.com) Stocks erase week’s gains after weak manufacturing surveys (Reuters.com) North Korea calls for Pompeo to be dropped from talks; tests tactical weapon (Reuters.com) Fed may need to buy more bonds than before […]
via Zero Hedge The recent collapse in world trade volume is the worst since the financial crisis and as dangerous as during the dot-com bubble of the early 2000s, according to The Telegraph. Data from the CPB Netherlands Bureau for Economic Policy Analysis revealed that world trade volume dropped 1.8% in the three months to January compared […]
Gold near 4-month low as China GDP fuels risk sentiment (Reuters.com)Gold falls 1 pct to 2019 low as equities, dollar gain (Reuters.com)White House talking to other possible Fed candidates: Kudlow (Reuters.com)Oil prices rise for a second day, high of year, on China demand, U.S. stockpile drop (Reuters.com) Precious Metals Update Video: Silver pointing to $14.55 […]
Own actual bullion coins and bars and avoid ETF and Digital or ‘.com’ gold and silver. Offers ends this Thursday, April 18 Given the many risks of today, we believe precious metal buyers should own gold and silver coins and bars in at least two jurisdictions and avoid digital and ETF gold. For three more […]
Gold prices drop as trade hopes stoke risk appetite (Reuters.com) Gold logs lowest finish in over a week (MarketWatch.com) Asia stocks cling to 9 month high on China hopes, Wall Street hit by earnings (Reuters.com) Notre-Dame smolders as investigation begins (Reuters.com) Fed should ‘communicate comfort’ with slightly higher inflation: Evans (Reuters.com) Germans hoard more […]
Gold slips to one-week low as global slowdown fears ease (CNBC.com) Criticism mounts of Trump’s pro-gold pick for U.S. Federal Reserve (Reuters.com) Trump Slams Fed Again, Says Stocks Should Be 5,000-10,000 Higher (Bloomberg.com) Draghi, in Rare Move, Sounds Concern Over Fed’s Independence (Bloomberg.com) Another 8 tonnes of gold taken from Venezuela’s central bank for sale […]
The 4 Most Important Questions You Need to Ask How to store your gold once you have invested in precious metals is the most important question that you need to answer. In this video update GoldCore CEO Stephen Flood, draws on 24 years of experience in financial markets to give you a framework to understand […]
Gold sheds over 1% as strong U.S. data lifts dollar (Reuters.com) Asian shares dip amid caution on global growth, U.S. earnings (Reuters.com) Kudlow: Fed may not hike interest rates ‘in my lifetime’ (Politico.com) Nations Plagued With Economic Stagnation Risk Populist Hell, OECD Warns (ZeroHedge.com) The Gold Market Right After Super Wednesday (24HGold.com) Why You Should […]
by Ferdinando Giugliano via Bloomberg For the best part of a decade, politicians and investors have looked at the European Central Bank as a guiding light through uncertain economic times. They may need to adapt to a new reality. On three important questions for the future of the euro zone, the ECB just cannot make its […]
Fed still ‘patient’ on rates, debating balance sheet policy (Reuters.com) Gold settles higher, then slips in electronic trade after FOMC minutes (MarketWatch.com) Moore ‘superbly underqualified’ for Fed, vice chair of joint congressional committee says — support for the gold standard (Reuters.com) Why 2011 Exposed The World’s True Reserve Currency (ZeroHedge.com) Will Italy and Venezuela Expose […]