Gold Blog

Gold Hits New 6 Year High on Dovish Central Banks and Iran Risk

News and Commentary Gold Hovers Near Six-year High as Dovish Central Banks, U.S.-Iran Tensions Fuel Demand Gold Gains to Near Highest Since 2013 as Bulls ‘back in Control The Gold ETF Continues to Set New Highs as Commodities Rebound and the Dollar Slumps Iran Says It Will Confront Any U.S. Threat, Trump Eyes New Sanctions  […]

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If Gold Pulls Back, It Will Most Likely “Be Short and Shallow” – GoldCore

GoldCore Note Gold prices surged to a new six-year high today after markets digested the U.S. Federal Reserve signalling a move to looser policies and other central banks including the ECB made similar dovish signals. The Fed said it was ready to cut interest rates as soon as this July due to the very uncertain […]

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Gold Prices Surge Nearly 3% to 5 Year High At $1,385/oz After Fed Turns Dovish

GoldCore Note Gold prices surged nearly 3% to a high of $1,385/oz, their highest in more than five years today after the U.S. Federal Reserve adopted a more dovish tone. The Fed signaled possible interest rate cuts this year which sent risk assets higher, U.S. Treasury yields and the dollar lower. Gold gains in dollars […]

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Gold Surges To All Time Record Highs At $1,974/oz In Australian Dollars

GoldCore Note Gold is lower in dollars today despite increasingly dovish signals from the Federal Reserve, ECB, Australian central bank and other central banks as economies slow. Gold has surged higher in Australian dollars again this week and reached a new all time record high in the Aussie dollar yesterday at $1,974/oz. This is due […]

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Gold Rises In All Currencies – Gains 1.6% To £1,079/oz In GBP, Near 7 Year High

GoldCore Note Gold prices have risen in all currencies today and especially in British pounds with gold having risen 1.5% to £1,078/oz. Concerns regarding the weak UK economy and Brexit fears continue to weigh on sterling. More loose monetary policies are making gold attractive again as are the elevated economic and geopolitical risks which are […]

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Gold, Silver Primed For Break Outs as Recession Looms

GoldCore Note Gold and silver have weakened today and have fallen from the 14 month high seen on Friday. Spot gold was down 0.4% at $1,338.30 per ounce in early U.S. trading. It surged to $1,358.04 on Friday, its highest level since April 11th, 2018. The return of risk appetite as seen in gains for […]

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Gold Breaks Above $1,350, €1,200 and £1,060 – Risk Of War In The Middle East

GoldCore Note Gold prices jumped another 1% today, surpassing the key $1,350 level for the first time since April last year. Gold made strong gains in all currencies including the euro and the pound, rising above €1,200 and £1,060 per ounce respectively. Poor economic data from China, the UK, the EU and the United States, […]

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Gold Price Will “Scream” and See $1,700 “Quickly” Says Billionaire Paul Tudor Jones

via Bloomberg Paul Tudor Jones, the Tudor Investment Corporation founder, believes that gold is the best trade and is going to “scream” over the next year to two years. He outlines his reasons why with Bloomberg’s Vonnie Quinn on Bloomberg Markets. “The best trade is going to be gold. If I have to pick my […]

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Gold Prices Move Higher Again As US-China Trade War Sees Stocks Fall

GoldCore Note Gold prices have moved higher today after hitting a one-week low yesterday. Renewed worries over the U.S.-China trade war and its impact on the global economy are pushing gold higher. Stocks globally have fallen as risk aversion creeps back in as the trade war escalates, increasing the appeal of gold bullion as a […]

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How To Protect Your Wealth from a Corbyn Government

For the left, all private property becomes fair game… Don’t delay and start preparing your finances now Left wing governments may be elected – Where is safe to invest? The UK is still as divided as ever over Brexit and a nasty shock lurks around the corner Corbyn is not investor-friendly: Real risk of inflation […]

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Gold To Reach 6 Year High Over $1,400 on Uncertain Outlook for Global Markets

by Bloomberg Gold is finally gaining the traction needed to boost prices to a level not seen since 2013 as concern mounts over increased trade war tensions and the global growth outlook. Bullion may touch $1,400 an ounce this year as investors hedge risk, according to Rhona O’Connell, head of market analysis for EMEA and […]

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Gold Jumps To $1,345 Per Ounce As U.S. Only Created 75K Jobs In May – Weekly Gain Now 3%

Gold Is 3% Higher This Week As Dollar, U.S. and Global Economy Weaken Gold prices jumped to $1,345 per ounce soon after the U.S. non farm payrolls showed that the U.S. created a meager 75,000 jobs in May, taking it’s weekly gain to 3%. Gold prices consolidated on this week’s 2.2% rise by today and […]

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Global Collapse In Trust Is Driving A Secret Bull Market In Gold

by Dominic Frisby of Money Week Every year, Incrementum AG – a Liechtenstein-based investment company – puts out its research note, In Gold We Trust. At over 300 pages, it’s probably the most comprehensive gold analysis there is. The 2019 edition came out just last week, and I thought this week I’d share some of the […]

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Gold Firm At $1,340/oz After 5 Days of Gains – Fed Takes It To 3 Month High

Gold has moved marginally higher again today after 5 days of gains and remains firm near a three month high at $1,340/oz. Gold is being supported by the dovish comments from the Fed which have lifted expectations of an interest cut. The U.S. economy is slowing and this is putting the dollar under pressure as […]

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Gold Hits 10 Week High At $1,328/oz as Trade Wars Spur Safe Haven Demand

Gold has consolidated on yesterday’s gains and is marginally higher as risk aversion creeps back into markets. Gold rose 1.5% yesterday to its highest level in more than three months. Concerns that trade wars look set to escalate globally and fears that President Trump’s threat of tariffs on Mexico will hurt the global economy are […]

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Gold Sees Safe Haven Gains As Stocks Fall Sharply and Deutsche Plummets

Gold rose to a two week high and was higher in most currencies today after Washington’s threat of tariffs on Mexico exacerbated fears of a global trade war and recession, which saw a ‘flight to quality’ and gains for safe haven gold. Spot gold jumped 0.9% to $1,298.80 an ounce this morning, its highest since […]

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Gold Investment In Switzerland Remains Very Popular

Investors in Switzerland like gold and it is the second most popular investment after property or real estate 20% plan to invest in gold in the next 12 months Almost two-thirds buy or invest in precious metals at their bank; fewer than one-in-ten buy gold online by Alistair Hewitt of the World Gold Council There’s […]

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In Gold We Trust 2019 – Gold in the Age of Eroding Trust

In Gold We Trust 2019 –The Annual Gold Report from Incrementum is Here We are happy to report that the new In Gold We Trust Report (2019) has been released today and the download link can be found at the end of this post. Ronnie Stoeferle and Mark Valek of Incrementum and numerous guest authors […]

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The Best Way To Invest In Gold In The UK

By Dominic Frisby, Money Week Today we’re talking gold. I’m not going to make projections about the price – whether it’s going to go up or down. Instead we’re going to look at the cost of buying and selling gold. How to buy gold on the cheap What’s the easiest, cheapest way to buy gold? […]

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Uber and the Tech Bubble – Learn from History

– Uber, Grand Canal Dock, Canals, the New Tech Bubble and the Financial Mania of Today– “Both the canal and railway manias led to ridiculously overvalued companies, whose subsequent crash brought financial ruin to many”– “Yet these technologies did change the world, eventually”– Time to learn the lessons of history by David McWilliams Last week […]

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Theresa May Quits As PM – Gold In British Pounds Reaches £1,015 Per Ounce

Gold in British pounds consolidates over £1,000 per ounce after reaching £1,015 per ounce due to political uncertainty and concerns of a Hard Brexit Theresa May, in an emotional speech outside 10 Downing Street, said she had “done everything” she could to convince MPs to back the withdrawal agreement she had negotiated with the EU […]

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Sterling Down For Record 13th Day on Political Uncertainty and Hard Brexit Fears

Pound extends fall as support for Theresa May evaporates Gold ends modestly higher, edges up further in electronic trade after Fed minutes Fed minutes: No rate moves are coming ‘for some time’ even if the economy improves Trump cuts short infrastructure meeting, blasts Pelosi’s ‘cover-up’ accusation Deutsche Bank shares collapse and executives brace for its […]

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UK’s Massive £5 Trillion Plus Real Debt Will Result In Currency Crisis (GoldCore Video)

While all the focus is on Brexit, the UK faces a debt and currency crisis UK has over $8T in external debt: 2nd largest debtor in the world after the U.S. True UK government debt exceeds £5 trillion as pension liabilities not in official numbers Total UK national nominal debt surged over £2 trillion; Increasing […]

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Brexit Blues Hits House Prices in Almost Every London Borough

News Brexit Blues Hit House Prices in Almost Every London Borough Bank of England warns of ‘more frequent’ rate increases than expected Gold posts a modest rise after ending last week at a 2-week low Gold steadies as equities dip, focus turns to Fed minutes Stocks in Asia mixed as US-China trade tensions take a […]

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Own Gold Sovereigns and Britannias (CGT Free in UK) Stored In Zurich With Six Months Free Storage

News Brexit Blues Hit House Prices in Almost Every London Borough Bank of England warns of ‘more frequent’ rate increases than expected Gold posts a modest rise after ending last week at a 2-week low Gold steadies as equities dip, focus turns to Fed minutes Stocks in Asia mixed as US-China trade tensions take a […]

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Gold Suppression: It’s Not a Question of IF but to WHAT EXTENT

by Frank Holmes via USFunds.com First of all, let me say that gold price suppression (“fixing,” “rigging,” “manipulating” or however else you want to think about it) is not just a conspiracy theory. It’s a well-documented phenomenon, with real actors and real ramifications. In 2014, Barclays was fined nearly $44 million for failing to prevent […]

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3 Charts Warning Investors To Rebalance Portfolios

by Frank Holmes via SeekingAlpha.com Before we get to looking at those three charts, let’s talk about the trade war. On Friday the Trump administration made good on its threat to raise tariffs on as much as $200 billion worth of Chinese imports to 25 percent from the previous 10 percent. The president also said […]

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VIDEO: We Have The Power To End Gold Price Suppression – Interview with Chris Powell (Part 2)

– “Over the long term, justice, fairness and decency will prevail … that is the history of mankind…as seen in the ascent of man … things tend to get better over the long term …” – CALL To ACTION: Precious metals suppression is only possible if gold buyers and investors give their money & energy […]

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Gold Tops £1,000/oz and $1,300/oz As Trade Wars Escalate and Increased Risk of U.S. War With Iran

* Gold sees safe haven demand push it to highest in one month as it breaches key $1,300/oz and £1,000/oz levels * U.S. China trade wars escalates as China retaliates and imposes tariffs on $60 billion of U.S. goods * Increased risk of war in Middle East after U.S. alleges Iran bombed Saudi oil vessels […]

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Seven Banks Rigging The Multi-Trillion Dollar Foreign Exchange Market

(Reuters) – Barclays, Citigroup, HSBC, JPMorgan and three other banks are set to be fined by EU antitrust regulators in coming weeks for rigging the multi-trillion dollar foreign exchange market, two people familiar with the matter said. The other three lenders are Royal Bank of Scotland, UBS and a small Japanese bank, the people said. […]

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“THE BIGGEST ISSUE IN THE WORLD TODAY” IS GOLD MANIPULATION – CHRIS POWELL OF GATA

– GOLD PRICE SUPPRESSION is “the BIGGEST ISSUE in the WORLD … it involves the valuation of all capital, labor, goods and services in the world and these valuations are being set in a really imperialistic and totalitarian way and not in an open and transparent way & we think this is evil” – Brief […]

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