Gold Blog

Gold Surges To Record In Turkey and Other Emerging Markets as Currencies Collapse

Turkey’s election angst, geopolitical risk and collapse of the lira is driving up demand for gold Turkish lira has collapsed versus gold and now the lowest on record (see chart) Significant demand for gold coins in Turkey and central bank has repatriated gold and added to gold reserves “Having the gold physically at home allows […]

READ MORE

Gold Is Rare and Valuable – 11 Must See Gold Visualisations

Gold Rarity and Value Shown In Stunning Gold Visualisations by Jeff Desjardins of Visual Capitalist Since Ancient times, gold has served a very unique function in society. Gold is extremely rare, impossible to create out of “thin air”, easily identifiable, malleable, and it does not tarnish. By nature of these properties, gold has been highly valued […]

READ MORE

Gold Looks A Better Bet Than UK Property

Gold Looks A Better Investment Than UK Property Dominic Frisby of Money Week looks at the historical relationship between UK house prices and gold (including some great charts), and concludes that your money is better off in the yellow metal than bricks and mortar. Source: Money Week Today we return to a subject that has […]

READ MORE

Gold 2048: The Next 30 Years For Gold

Gold 2048: The Next 30 Years For Gold Gold 2048 is an interesting and comprehensive new report from the World Gold Council which brings together industry-leading experts from across the globe to analyse how the gold market is set to evolve in the next 30 years. Key insights from authors such as George Magnus, senior economist; […]

READ MORE

Beware “Snollygosters” and the Empty Promises of Pathological Politicians

Beware “Snollygosters” and the Empty Promises of Pathological Politicians By Jeff Thomas of International Man Snollygoster is an archaic term for: “A fellow who wants office, regardless of party, platform or principles, and who, whenever he wins, gets there by the sheer force of monumental talknophical assumnancy.” All right, that’s a rather antiquated definition, but […]

READ MORE

US 10-Year Surges, Emerging Markets Implode…Where Next for Gold?

US 10-Year Surges, Emerging Markets Implode…Where Next for Gold? US 10-Year Yields Top 3%, US Dollar Pushes Higher Brent Hits $80, Highest in 4 years Emerging Market Chaos, the Lira and Peso in Freefall Italy’s New Coalition Signal Their Plans, Yields Jump Japanese Economy Contracts, GDP Worst Since 2015 And Where Next for Gold? Weekly […]

READ MORE

Welsh Gold Being Hyped Due To The Royal Wedding?

Welsh Gold Being Hyped Due To The Royal Wedding? – Welsh gold and the misconceptions surrounding it – GoldCore speak to China Central Television (CCTV) – Welsh gold mired in misconceptions, namely that it is ‘rarest’ and most ‘sought after’ gold in world – Investors to be reminded that all mined gold is rare and […]

READ MORE

Oil Is Going To Keep Rising And Inflation Is Coming

by Dominic Frisby, Money Week 2018 has been a noisy year so far: stocks have been up, then down, then up, but ultimately gone nowhere. Precious metals are a little lower than where they started. Bonds are quite a bit lower. Crypto currencies are a lot lower.   Oil supply and demand chart (Money Week) There’s […]

READ MORE

Gold Manipulation – A Comprehensive Guide By James Rickards

Gold Price Manipulation – A Comprehensive Guide By James Rickards In his latest book, “The New Case for Gold,” fund manager, geopolitical analyst, and financial letter writer James G. Rickards may have summarized the international gold price suppression scheme better than anyone, including GATA itself. Indeed, the book’s sub-chapter titled “Paper Manipulation” is so expert, […]

READ MORE

‘Nightmare Scenario’ For EU Bond Markets As Anti-Euro Italian Goverment Takes Power

by Ambrose Evans-Pritchard, Daily Telegraph Firebrand populists of Left and Right are poised to take power in Italy, forming the first “anti-system” government in a major West European state since the Second World War. Source: Wikimedia Commons Leaders of the radical Five Star Movement and the anti-euro Lega party have been meeting to put the […]

READ MORE

Oil Surges To Highest In 3 Years, Gold Ready To Follow

“Oil price highest in 3 years, gold ready to follow” – Weekly Update by Daniel March U.S. withdraws from Iran nuclear deal Oil jumps past $70 Argentina hikes interest rates to 40% U.S. 10 year disparity Western buying returns to gold Gold and silver both ended slightly up in a week dominated by heightening geopolitical […]

READ MORE

Gold Mining Supply Looks Set To Decline

Global demand for gold is increasing while new discoveries of gold remain small Gold mining output in Australia is forecast to decrease by 50% in the next eight years Decline in global gold mining supply makes a price increase almost certain Gold nugget (placer gold) from Colorado, USA.  Source: Commons.wikimedia.org by Lawrence Thomas, Gold Telegraph The […]

READ MORE

Iran’s Gold Demand May Surge On Trump Sanctions

by Claudia Carpenter, Bloomberg Iran’s gold demand will probably be “strong” for the next few months and then gradually decline as U.S. sanctions start to take effect, according to the researcher who covers the country for Metals Focus Ltd. After a previous set of sanctions was imposed on Iran in 2012, it took two years […]

READ MORE

“Money Is Gold — and Nothing Else”

Gold now has limited downside (20%) but substantial upside (650%) Gains on gold are likely to come at a time when stocks are crashing Investors and savers without an allocation to gold will be wiped out Time to consider saving in physical gold? Editors note by James Rickards, Daily Reckoning Following the Panic of 1907, […]

READ MORE

U.K. Home Prices Plunge 3.1% In April – Largest Monthly Drop Since Financial Crisis In 2011

by Fergal O’Brien, Bloomberg Halifax index shows property values plunged 3.1% in April Less volatile three-month measure also shows a decline U.K. home prices plunged the most in almost eight years in April, adding to signs of weakness in Britain’s property market. Source: IHS/ Market via Bloomberg Values dropped 3.1 percent from March to an average […]

READ MORE

Weekly Gold Update – Gold In Dollars Lower Despite Poor US Jobs and Other Data

Weekly Gold Update by Daniel March for GoldCore (May 6, 2018) • US dollar strength amid weakening fundamentals and poor US jobs data Friday • Gold buyers in other currencies see gains –  gold in EUR and GBP rises 0.7% & 0.9% • YTD performance table suggests stagflation coming as Fed eyes inflation, lower growth • […]

READ MORE

Own Some Gold and Avoid Overvalued Assets

We could be heading for a golden age – or a return to the 1970s By John Stepek of Money Week The cost to the US government of borrowing money for a decade came within sniffing distance of 3% yesterday. The US ten-year Treasury yield is sitting at 2.96% as I write this morning, having got […]

READ MORE

Gold Demand Falls In Q1 Despite Robust Central Bank and Investment Demand and Surging Demand In Turkey and Iran

– Gold demand globally -7% in Q1, 2018 – Gold Demand Trends (WGC) – Gold ETF demand fell sharply year on year from very high levels but had 5th consecutive quarter of inflows – Investment demand was strong in the US where ETF holdings rose another 32.4 tonnes as “stock market volatility sparked US inflows” […]

READ MORE

Smart Money Diversifying Into Gold – One Billionaire Invests Half His Net Worth

This Billionaire Has Put Half His Net Worth Into Gold by Bloomberg Some big investors see warning signs ahead for markets but are holding their positions. Egyptian billionaire Naguib Sawiris is taking action: He’s put half of his $5.7 billion net worth into gold. Source: Sima Diab/Bloomberg He said in an interview Monday that he […]

READ MORE

“Blood In The Streets” Of U.S. Gold Bullion Coin Market

U.S. Mint American Eagle gold coin sales collapse to weakest April since 2007 giving contrarian value buyers another buy signal by Renita D. Young of Reuters Sales of U.S. Mint American Eagle gold coins dropped to their weakest April since 2007, while silver coin purchases for the month rose 10 percent higher than last year, […]

READ MORE
Category
Archives
Popular

No posts available