Gold Blog

Bitcoin or British Pound ‘Pretty Much Failed’ As Currency?

– Bitcoin has ‘pretty much failed’ as a currency says Bank of England Carney – Bitcoin is neither a store of value nor a useful way to buy things – BOE’s Carney – Project fear against crypto-currencies or an out of control investing bubble? – Bitcoin will likely recover in value but is speculative and […]

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Bank Bail-In Risk In European Countries Seen In 5 Key Charts

Bank Bail-In Risk In Europe Seen In 5 Charts – Nearly €1 trillion in non-performing loans poses risks to European banks’ – Greece has highest non-performing loans as a share of total credit – Italy has the biggest pile of bad debt in absolute terms – Bad debt in Italy is still “a major problem” which has […]

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US-China Trade War Escalates As Further Measures Are Taken

US-China Trade War Escalates As Further Measures Are Taken – Trade war between two superpowers continues to escalate – White House likely to impose steep tariffs on aluminium and steel imports on ‘national security grounds’ – US may impose global tariff of at least 24% on imports of steel and 7.7% on aluminium – China […]

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Gold Up 3.8% In Week As Poor U.S. Industrial Production, Retail and Inflation Data Hit Dollar

Gold Up 3.8% In Week – If Closes Above $1,360/oz Will Be Biggest Weekly Gain In Nearly 2 Years Gold rose as the dollar fell to near a three-year low against a basket of currencies on Friday, heading for its biggest weekly loss in nine months, as a slew of bearish factors including firming inflation […]

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Is The Gold Price Heading Higher? IG TV Interview GoldCore

Is The Gold Price Heading Higher? IG TV Interview GoldCore Research Director at GoldCore, Mark O’Byrne talks to IG TV’s Victoria Scholar about the outlook for the gold price. In this interview, Mark O’Byrne, research director at Goldcore, says the fact that the gold price did not spike during last week’s equity sell-off was to […]

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Global Debt Crisis II Cometh

Global Debt Crisis II Cometh – Global debt ‘area of weakness’ and could ‘induce financial panic’ – King warns – Global debt to GDP now 40 per cent higher than it was a decade ago – BIS warn – Global non-financial corporate debt grew by 15% to 96% of GDP in the past six years […]

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Sovereign Wealth Funds Investing In Gold For “Long Term Returns” – PwC

– Sovereign wealth funds investing in gold for long term returns – PwC – Gold has outperformed equities and bonds over the long term – PwC Research – Gold is up 6.7% and 6.8% per annum over 10 and 20 year periods; Stocks and bonds returned less than 5.2% respectively over same period (see PwC […]

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Bitcoin and Crypto Prices Being Manipulated Like Precious Metals?

Bitcoin and Crypto Prices Being Manipulated Like Precious Metals? – FSN Interview GoldCore Listen on BlogTalkRadio Kerry Lutz of the Financial Survival Network (FSN) interviewed GoldCore’s Mark O’Byrne about the outlook for crypto currencies, financial markets and precious metals. – Are bitcoin and crypto prices being manipulated like precious metals? – Is there a coordinated […]

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“This Is Where They Completely Lost Their Minds” – Hussman

“This Is Where They Completely Lost Their Minds” – Hussman – Hussman warns ‘the S&P 500 to lose approximately two-thirds of its value over the completion of this cycle’ – ‘the market has lost value, even since 2009, when overvalued, overbought, overbullish conditions were joined by divergent internals’ – Believes the market is going to learn […]

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Brexit Risks Increase – London Property Market and Pound Vulnerable

Brexit Risks Increases – London Property Market and Pound Vulnerable  – Brexit uncertainty deepens as UK government in disarray – BOE warns of earlier and larger rate hikes for Brexit-hit UK – UK property prices fall second month in row, London property under pressure – No deal Brexit estimated to cost UK £80bn according to […]

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Pension Crisis And Deficit of £2.6 Billion At Carillion To Impact UK Pensions

Pension Crisis And Deficit of £2.6B At Carillion To Impact UK Pensions - Carillion collapses leaving a £900 million debt pile and 30,000 pensions at risk - Carillion PLC share price has collapsed 94% in last twelve months - Private analysis of Carillion's[...]

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London Property Market Tumbles As Glut of Luxury Apartments Grows To 3,000

- London property market tumbles as glut of luxury apartments grows to 3,000 - Property crisis in London as over half of 1,900 luxury apartments built 2017 fail to sell - London's still high priced property causes companies to locate offices[...]

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Silver Bullion Has Key New Player - China Replaces JP Morgan

The silver bullion market has a key new player - Enter the Dragon. The Shanghai Futures Exchange in China is replacing JP Morgan bank and its clients as the most significant new source of demand according to a very interesting blog with[...]

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