2015 has not started well for bitcoin with prices having fallen 12%, from $320 to $288. The cyber attack on a leading bitcoin exchange is the latest challenge for the fledgling digital currency. Bitstamp, Europe’s leading bitcoin exchange – and third largest globally – has been off-line following a breach in their system by hackers […]
With Greeks going to the polls to elect a new government in just over two weeks, concerns over a potential Greek exit or ‘Grexit’ from the euro is growing and this has led to the euro falling against the dollar and particularly gold. Speculation as to the consequences of a Syriza victory has caused the […]
At the start of the New Year, there are increasing signs that the recovery seen in property prices in many cities in western countries – namely Dublin, London and other UK cities and New York and other U.S. cities is beginning to peter out. Many cities have seen speculative frenzies return in recent months which […]
Contents: – Gold Second Best Currency In 2014 – Higher In All Currencies Except Dollar – Silver Falls Despite Robust Demand – Stock and Bond Performance In 2014 – Oil Prices Collapse; Energy, Copper, Sugar Fall; Coffee Surges – Regulatory Authorities Confirm Gold Rigging – Another Year Of Paper Selling While Physical Demand Robust – […]
Dr Marc Faber, respected economic historian and author of the respected monthly newsletter, the ‘Gloom, Boom and Doom Report’, has warned that 2015 is set to be very volatile, urged international diversification and owning “physical precious metals stored outside the U.S.” In another insightful and witty interview with Bloomberg Television’s In the Loop, with Betty […]
By Mark O’Byrne Greece’s financial markets are in turmoil again as a vote in parliament – failing to elect a new president – made a general election inevitable. Greek markets saw severe sell offs , with yields on Greek government bonds rising and shares prices collapsing 13% at one point yesterday and closing 7% lower […]
Click here to view the latest GoldCore research, Is London’s Property Bubble Set To Burst?
Happy Christmas and Wishing You a Healthy and Prosperous 2015 Happy Christmas to you and yours, We hope you had a fulfilling 2014 and thank you for your feedback, your sharing, your support and your business during the year and in recent years. Please take note of our office hours over the Christmas and New […]
The “isolation of Russia” idea is one which has been receiving a lot of traction of late. Russia’s recent economic woes have sometimes been covered with barely contained glee despite the hardships that average Russians may have to endure if the rouble continues to collapse … not to mention the inevitable geo-political backlash. Reuters image […]
Russia’s currency market witnessed further huge volatility again today. The finance ministry said it would start selling foreign exchange which are primarily in dollars. This appeared to reduce selling pressure on the battered rouble.