Gold Blog

Global Debt Time Bomb Surges To Nearly $250,000,000,000,000 – GoldCore Video

– Global debt time bomb surges to nearly a ‘Quarter Quadrillion’ ($250T) – “The $247 trillion global debt bomb”  Washington Post warn  – Debt surges globally and global debt is up almost $150 trillion in just 15 years according to analysis by the Institute of International Finance – Debt expansion appears to be accelerating and in […]

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Trump, Russia, Brexit and the Demand For Gold and Silver – GoldCore Video Interview

– Trump, Russia and Brexit and resulting impact on gold and silver coin and bar demand – Global demand for gold and silver is mixed but overall sentiment is poor and depressed – U.S. bullion demand fell, UK demand lackluster despite Brexit, German demand is strong – Which nations are buying gold? China, Russia & Asian […]

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Trump Is Serious About A Global Trade War

by John Stepek of Money Week If you hadn’t realised by now, Donald Trump is serious The copper price is sliding. Chinese stocks are sliding. Oil tanked by 7% at one point yesterday. It does all rather suggest that maybe investors are really starting to worry about the burgeoning global trade war, and its impact […]

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Ponzi Economy Will Lead To Next Crisis

Hallmark of an Economic Ponzi Scheme by John Hussman of Hussman Funds Consider two economic systems. In one, consumers work for employers to produce products and services. The employees are paid wages and salaries, and business owners earn profits. They use much of that income to purchase the goods and services produced by the economy. […]

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World Cup Is 200 Ounces Of Gold Worth $186,000 – 30% Less Than Harry Kane’s Weekly Wage

– World Cup weighs nearly 200 ounces (6.17 kilos) and is 18 Karat or 75% pure gold – World Cup’s value is just £140,000 at today’s depressed prices – 30% less than England’s Harry Kane’s weekly wage of £200,000 – World Cup fever takes over England ahead of semi final tonight – World Cup’s true […]

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Chaotic BREXIT More Likely and Risk of “Death By A Thousand Cuts” For London

– “Chaotic” Brexit more likely after Davis, Johnson resignations from UK government – London’s rivals are slowly carving chunks out of its financial services business – UK’s Brexit options are increasingly unappealing which may pressure the pound – Already Frankfurt, Paris, Luxembourg and Dublin seeing more foreign direct investment and financial services jobs – Risk of “death […]

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VIDEO: Italy €2.4 Trillion Debt To Create Eurozone Contagion and Global Debt Crisis?

– Italy is EU’s ticking timebomb as debt nears €2.4 trillion – Italy’s GDP is just €1.85 trillion; National debt is 132% of economy – Italy is politically dysfunctional at best of times; Now has populist left / right wing government – National debt owed to other EU nations alone is 25% of its GDP – Italy’s […]

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U.S. China Trade War Escalates as Russia and China Accumulate Gold

– U.S. China trade war escalates as Russia stockpiles gold on the Keiser Report – Trump’s erratic and risky trade policies pose a risk to dollar as reserve currency – China, Russia “getting cosier” with Silk Road and increasing economic cooperation – China and Russia “want to do business outside of the dollar”  and “dollar […]

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Irish Gold Money Rings Found – Mystery Surrounds What May Be Ancient, Pre-Historic Currency

– Irish gold artefacts form pre-history discovered in  field in Ireland – “Very significant” find by farmer of “arm sized” rings in Donegal – Irish gold artefacts akin to bracelets may be some sort of currency or money says Museum curator (Photo: Caroline Carr, Donegal County Museum) An Irish farmer from County Donegal has discovered gold artefacts […]

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Gold $10,000 In Currency Reset as Russia, China Gold Demand To Overwhelm Futures Manipulation (GOLDCORE VIDEO)

– Is the currency reset or global monetary reset (GMR) upon us? – Russia dumped half their US Treasuries in April ($47.4 billion out of the $96.1 billion it had held) and bought 600k ozs of gold worth less than $800 million in May – Has the IMF “pegged” gold to SDRs at 900 SDR […]

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Italian Debt – A Financial Disaster Waiting To Happen

Via GEFIRA, The new Italian government will increase public spending and public debt. It promised to reduce taxes, introduce basic security and reform pensions. Italy’s Northern League’s leader Mateo Salvini surged in the polls and the party is now the strongest in Italy. A couple of years ago it was inconceivable that this regional group could […]

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As The Currency Reset Begins – Get Gold As It Is “Where The Whole World Is Heading”

As the Reset Begins, Get Gold by James Rickards for Agora Financial’s Gold Speculator This may be the most important commentary I’ve ever written. Here’s why. For years, financial analysts have discussed what’s called the Global Monetary Reset, or GMR. Expectations of a GMR stem from the fact that monetary policies around the world are […]

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Buy Gold Or Bitcoin As The “Liquidity Party” Is Ending?

Buy Gold Or Bitcoin? This “Liquidity Party Is Ending” Goldnomics Podcast (Ep. 5) Key Quotes and Transcript – “This liquidity party is ending. They’re implementing quantitative tightening” – “If quantitative easing had positive effects, why shouldn’t quantitative tightening have negative effects for the valuation of those asset classes?” – “When the tide goes out, as […]

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Why Russia and Turkey Diversifying Into Gold May Signal A Bigger Global Shift

Russia and Turkey’s moves out of U.S. debt and into the precious metal could be precursors of a bigger global shift. by Leonid Bershidsky of Bloomberg U.S. government debt and the world’s foreign exchange and gold reserves. Source: Bloomberg Since December 2017, Russia has cut its holdings of U.S. foreign debt by more than half. […]

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London House Prices Fall 1.9% In Quarter – Bubble Bursting?

– London house prices down 1.9 per cent in Q2 (yoy) – London house prices still 50% above 2007 bubble peak (see chart) – Brexit and weak consumer confidence to blame say experts –  Little sign that U.K. property “weakness” is likely to change – London property bubble appears to be bursting From Bloomberg: U.K. house-price growth […]

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Gold Exports To London From U.S. Surge 152% In 2018

Gold Exports To London From U.S. Surge 152% In 2018 – U.S. gold exports to UK (primarily) London jumped over 150% from 25.5 metric tons to 64.3 mt in the first four months of 2018 (yoy) – Largest countries receiving U.S. gold exports are China/ Hong Kong, Switzerland and the UK – U.S. gold exports to London […]

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Manipulation of Gold and Silver Is “Undeniable”

Manipulation of Gold and Silver by Bullion Banks Is “Undeniable” ​​​​​​​by David Brady via ZeroHedge – Manipulation in precious metals is undeniable – Now so chronic that it is obvious and therefore predictable – Central banks around the world are repatriating their gold from the U.S. in preparation for some major event to come – […]

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“Perfect Environment For Gold” As Fed To Weaken Dollar and Create Inflation – Rickards

“Fed is tightening into weakness and will eventually over-tighten and cause a recession” “More inflation and a weaker dollar” is “the perfect environment for gold” Geopolitical shocks will return when least expected and gold will soar in flight to safety by James Rickards for the Daily Reckoning Rising interest rates are positive for gold Source: […]

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Russia Buys 600,000 oz Of Gold In May After Dumping Half Of US Treasuries In April

Russia adds another 600,000 oz to it’s gold reserves in May Holdings of U.S. government debt slashed in half to $48.7 billion in April ‘Keeping money safe’ from U.S. and Trump – Danske Bank Trump increasing the national debt by another 6% to $21.1 trillion in less than 18 months Asian nations accumulating gold as […]

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In Gold, Silver and Bitcoin We Trust? Goldnomics Podcast with Ronald-Peter Stoeferle

In Gold, Silver and Bitcoin We Trust? Goldnomics Podcast (Episode 5) interview with Ronald-Peter Stoferle We interview our friend Ronald-Peter Stoeferle, partner in Incrementum in Liechtenstein and author of the must read, annual gold report ‘In Gold We Trust’ in this the fifth episode of the Goldnomics Podcast. There are 3 key “tides of change” that Ronni […]

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