China Gold and Precious Metals Summit 2016 – GoldCore Presentation
The China Gold and Precious Metals Summit 2016, the 11th Summit convened by the China Gold Association and the Shanghai Gold Exchange took place on December 7th and 8th and GoldCore presented at the event and moderated an expert panel discussion.
China Gold and Precious Metals Summit 2016 – Panel Discussion with Stephen Flood
China’s leading gold conference was attended by over 250 gold industry professionals from across the value chain including mining companies, refiners & fabricators, bullion dealers, government and private mints, exchanges, investment & bullion banks, brokerage firms, money managers, trading houses, jewelers, consultancies, service providers, policymakers and central banks.
The conference highlighted innovation in the gold industry and market, the opening-up of China’s gold market, the implications for China’s gold industry from the country’s Belt and Road Initiative and RMB internationalization strategy, price trends and supply & demand outlook for gold, silver and platinum group metals amidst growing uncertainty sweeping wider financial markets, a scaling back of expectations for further rate hikes from the Fed and rising concerns over moves towards negative interest rates.
Stephen Flood, GoldCore CEO gave a presentation entitled ‘Gold and Silver Prospects in an Uncertain Global Currency Market‘
Topics covered:
The presentation can be Viewed Here
Gold and Silver Bullion – News and Commentary
Gold prices firm as dollar slips from 14-year high (Reuters.com)
Nikkei, other Asian markets rise as Dow nears 20,000 (MarketWatch.com)
Dollar hits new 14-year high, Dow sets sights on 20,000 (Reuters.com)
Gold Out Of Style On Stronger Dollar, Dow 20,000 (LSE.co.uk)
(Image Source: CalculatedRiskBlog.com)
Here’s how my top 12 predictions did in 2016 – Frisby (MoneyWeek.com)
Islamic finance standards spur development of gold, silver products (Reuters.com)
Gold Could Soar to $5,000 Due To Shariah Gold Standard – Casey Research (CaseyResearch.com)
Warnings We’ll Wish We’d Heeded — Plunging Jobless Claims (Dollarcollapse)
Gold Prices (LBMA AM)
21 Dec: USD 1,134.40, GBP 919.20 & EUR 1,091.07 per ounce
20 Dec: USD 1,132.75, GBP 915.94 & EUR 1,090.84 per ounce
19 Dec: USD 1,137.60, GBP 913.15 & EUR 1,089.14 per ounce
16 Dec: USD 1,134.85, GBP 911.17 & EUR 1,084.80 per ounce
15 Dec: USD 1,132.45, GBP 904.37 & EUR 1,080.70 per ounce
14 Dec: USD 1,160.95, GBP 917.38 & EUR 1,091.99 per ounce
13 Dec: USD 1,157.35, GBP 911.18 & EUR 1,090.80 per ounce
Silver Prices (LBMA)
21 Dec: USD 16.03, GBP 12.96 & EUR 15.40 per ounce
20 Dec: USD 15.80, GBP 12.80 & EUR 15.22 per ounce
19 Dec: USD 16.00, GBP 12.89 & EUR 15.34 per ounce
16 Dec: USD 16.05, GBP 12.91 & EUR 15.36 per ounce
15 Dec: USD 16.14, GBP 12.95 & EUR 15.51 per ounce
14 Dec: USD 17.11, GBP 13.52 & EUR 16.07 per ounce
13 Dec: USD 17.01, GBP 13.39 & EUR 16.04 per ounce
Recent Market Updates
– Trumpenstein ! Who Created Him and Why?
– Bail-Ins Coming? World’s Oldest Bank “Survival Rests On Savers”
– Fed’s “Fool Me…”, Silver Suppression, Euro Contagion In 2017?
– Fed Raised Rates 0.25% – Rising Rates Positive For Gold
– Shariah Gold Standard Is “Revolutionary” – Mobius
– Silver Fixing By Banks Proven In Traders Chats
– Euro Crisis and Contagion Coming In 2017
– ECB ‘Bazooka’ Reloaded Until At Least December 2017 – Euro Gold Rises 1%; 13% YTD
– UK £6 Billion Worse Off After Multi Billion Pound Gold “Accounting Error”
– Buy Silver – May Replace Gold As Money In India
– Shariah Gold Standard Approved for $2 Trillion Islamic Finance Market
– Potential “Systemic Crisis In Eurozone” After Italy Votes No, Renzi Resigns
– Gold and Silver Will Protect From Coming Financial Crash – Rickards
