Bundesbank Buys Gold – Increasing Concerns About Deutsche Bank, European Banks, the Euro and Dollar

Source: Bloomberg

◆ The End Of Fiat In One Chart?

◆ For the first time in 21 years, Germany has openly bought gold into its reserve holdings

◆ With ECB mutiny and Deutsche Bank’s rapid demise, fears are rising of a looming financial crisis, and with that, Germany has shown a renewed interest in gold


◆ Which came after Germany’s stunning announcement in January 2013 that the Bundesbank would repatriate 674 tons of gold from the NY Fed and the French Central Bank

Now that the always conservative Germans are back in the market buying gold, one wonders if the end of fiat is drawing closer

The End Of Fiat In One Chart? via ZeroHedge.com


NEWS and COMMENTARY

Gold holds ground as investors await clarity on Brexit

Gold rises after 3-session slide and creeps back toward $1,500

Bond Defaults Are Highest on Record as India’s Economy Slows

Japan factory activity shrinks at quickest pace since 2016 in October

Fed is sharply increasing the amount of help it is providing to the financial system to $120 billion

New York Fed’s repo loan data disappears



Understand the Real Causes of the Coming Collapse
Listen to Goldnomics Podcast Here



GOLD PRICES (LBMA – USD, GBP & EUR – AM/ PM Fix)

23-Oct-19 1494.25 1494.45, 1162.53 1159.84 & 1343.78 1343.66
22-Oct-19 1487.45 1485.35, 1149.50 1149.66 & 1335.28 1334.14
21-Oct-19 1490.85 1491.65, 1147.81 1148.27 & 1334.91 1337.12
18-Oct-19 1487.50 1490.00, 1154.15 1155.64 & 1336.67 1337.28
17-Oct-19 1484.45 1492.65, 1151.64 1162.63 & 1336.60 1341.59
16-Oct-19 1482.55 1485.10, 1166.32 1155.85 & 1344.52 1343.27
15-Oct-19 1494.75 1487.80, 1183.69 1178.34 & 1357.08 1353.30
14-Oct-19 1494.20 1490.60, 1188.79 1182.94 & 1354.04 1352.12
11-Oct-19 1498.35 1479.15, 1197.93 1166.01 & 1359.90 1338.33
10-Oct-19 1508.20 1494.80, 1232.35 1222.75 & 1368.69 1356.38

SIGN UP FOR OUR AWARD WINNING MARKET UPDATES HERE

Mark O'Byrne

Also on news-goldcore-com

Videos

Are We In A Financial Bubble? Peter Grandich Interview

Marc Faber Interview 2021: Don’t Sell Your Gold

Buy Physical Silver Now- Gary Savage

Blog posts

Central Banking Is A Joke, And You Are The Punchline

British Prime Minister Boris Johnson gets paid less than Canadian Prime Minister Justin Trudeau. Each of them is getting less salary than US President Joe Biden’s US$400,000. Why do we want you to know this?  Because each is paid well enough already. And each of them holds a job that contains implied fiduciary duties to […]

READ MORE

Are We In A Financial Bubble? Peter Grandich Interview

Peter Grandich is Dave Russell’s guest on GoldCore TV this week and talks about how he believes that the US financial, political, and military reputation has been seriously damaged. Watch the Video to Learn More Make sure you don’t miss a single episode… Subscribe to our YouTube channel Don’t Sell Your Gold!Watch Dr. Marc Faber on GoldCore […]

READ MORE

Money printing is worse than bad sushi!

Today we watched a video of the Chinese demolishing dozens of high-rise apartment blocks per government mandate, the video is here. This implosion video reached us on the same day that China’s largest real estate development company Evergrande seems ready to also implode its balance sheet.  Here is a story from Reuters with a video […]

READ MORE

Featured

Gold posts its first loss in 11 sessions as Trump’s speech ebbs Iran war worries

READ MORE

China and Russia Are Buying Gold and They Don’t Care How Much It Costs

READ MORE

Gold Is Overvalued in Short-Term, Says Goldcore’s O’Byrne

READ MORE
Newsletter
Category
Archives
Popular

No posts available

Videos

Are We In A Financial Bubble? Peter Grandich Interview

Marc Faber Interview 2021: Don’t Sell Your Gold

Buy Physical Silver Now- Gary Savage

Blog posts

Central Banking Is A Joke, And You Are The Punchline

British Prime Minister Boris Johnson gets paid less than Canadian Prime Minister Justin Trudeau. Each of them is getting less salary than US President Joe Biden’s US$400,000. Why do we want you to know this?  Because each is paid well enough already. And each of them holds a job that contains implied fiduciary duties to […]

READ MORE

Are We In A Financial Bubble? Peter Grandich Interview

Peter Grandich is Dave Russell’s guest on GoldCore TV this week and talks about how he believes that the US financial, political, and military reputation has been seriously damaged. Watch the Video to Learn More Make sure you don’t miss a single episode… Subscribe to our YouTube channel Don’t Sell Your Gold!Watch Dr. Marc Faber on GoldCore […]

READ MORE

Money printing is worse than bad sushi!

Today we watched a video of the Chinese demolishing dozens of high-rise apartment blocks per government mandate, the video is here. This implosion video reached us on the same day that China’s largest real estate development company Evergrande seems ready to also implode its balance sheet.  Here is a story from Reuters with a video […]

READ MORE

Featured

Gold posts its first loss in 11 sessions as Trump’s speech ebbs Iran war worries

READ MORE

China and Russia Are Buying Gold and They Don’t Care How Much It Costs

READ MORE

Gold Is Overvalued in Short-Term, Says Goldcore’s O’Byrne

READ MORE