Global ‘Gold Rush’ Beginning As Investors and Central Banks Buy, Repatriate and Move Gold


Watch latest GoldCore video here


◆ Gold is flowing to strong hands in safer forms of gold ownership, in safer jurisdictions

◆ Gold and silver bullion coins and bars owned by GoldCore’s clients have been moved from Hong Kong to Singapore

◆ Central bank and institutional gold rush is beginning as prudent money diversifies fx reserves by buying gold & repatriates their gold from London and New York

◆ Central banks are repatriating gold and buying gold as never before due to macroeconomic, geopolitical, systemic and monetary risks

◆ Poland’s government completed the repatriation of 100 tons of gold bullion; 8,000 gold bars worth $5 billion were moved by G4S from the Bank of England to the Polish central bank

◆ Serbia, Poland and Hungary have boosted their safe haven gold bullion reserves to protect their foreign exchange holdings and hedge growing monetary and systemic risks

◆ Slovakia has joined China, Russia and a host of countries buying gold or seeking to repatriate their gold from the Bank of England and the New York Federal Reserve

◆ Global rush to gold is leading to a run on ‘bank gold’ which is gold stored with banks and indeed a run on on the ‘gold bank’ in the form of central banks including the Fed and the Bank of England

◆ Prepare now with physical gold coins and bars in your possession or in fully segregated storage in Singapore and Zurich

Watch video here


NEWS & COMMENTARY

Gold hits near 1-month high as trade drag prompts safety buying

Dow drops 350 points, biggest fall in 2 months, after Trump says he could wait on China deal

Wall Street sinks as Trump hints at delay in trade deal with China

U.S. Treasury yields continue fall; 10-year yield at 1.7020%

NY Fed has some explaining to do over Morgan Stanley’s unreported trading losses

Germany Is The Rotten Heart Of Europe


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

03-Dec-19 1470.40 1477.30, 1132.50 1136.78 & 1328.51 1333.12
02-Dec-19 1457.50 1461.15, 1130.00 1130.05 & 1323.26 1321.17
29-Nov-19 1456.35 1460.15, 1129.55 1131.32 & 1323.24 1327.42
28-Nov-19 1457.55 1454.65, 1127.27 1127.35 & 1323.60 1321.84
27-Nov-19 1459.80 1454.35, 1134.12 1129.74 & 1326.23 1322.30
26-Nov-19 1457.65 1454.65, 1133.76 1131.86 & 1322.96 1321.11
25-Nov-19 1459.45 1458.40, 1133.41 1130.84 & 1325.33 1323.35
22-Nov-19 1471.30 1464.45, 1143.05 1140.22 & 1330.35 1326.06
19-Nov-19 1464.90 1468.45, 1132.37 1134.23 & 1323.68 1325.86
18-Nov-19 1458.40 1467.65, 1124.86 1132.59 & 1318.10 1325.88

Watch Podcast Here


SIGN UP FOR OUR AWARD WINNING MARKET UPDATES HERE




Mark O'Byrne

Also on news-goldcore-com

Videos

Tavi Costa- The Fed is Trapped

Silver Market Predictions – Ed Steer Talks about the Silver & Gold Price

Are We In A Financial Bubble? Peter Grandich Interview

Blog posts

Supply Chain Crisis Effects on Gold & Silver

The broken chain – could the supply crunch be worse than the oil crunch of the 1970s Anyone that has bought a new or used car in the last year has faced higher prices and long wait times for delivery. This is all because of the very small but essential semiconductor, which is in short […]

READ MORE

The Inflation Tide is Turning!

In our post on January 28, 2021 “Gold, The Tried-and-True Inflation Hedge for What’s Coming!” we outlined four reasons that we expect higher inflation over the next several years. The brief bullet points are: Money Supplies have risen dramatically Commodity Prices are rising again Reduced Globalization as ‘Made at Home’ policies are proliferating Pent up […]

READ MORE

Tavi Costa- The Fed is Trapped

Tavi Costa of Crescat Capital joins Dave Russell of GoldCore TV this week. He highlights the basic pillars of inflation and why owning tangible assets like gold and silver is now more important than ever. Watch the full interview to find out more. Watch the Video to Learn More Make sure you don’t miss a […]

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

Tavi Costa- The Fed is Trapped

Silver Market Predictions – Ed Steer Talks about the Silver & Gold Price

Are We In A Financial Bubble? Peter Grandich Interview

Blog posts

Supply Chain Crisis Effects on Gold & Silver

The broken chain – could the supply crunch be worse than the oil crunch of the 1970s Anyone that has bought a new or used car in the last year has faced higher prices and long wait times for delivery. This is all because of the very small but essential semiconductor, which is in short […]

READ MORE

The Inflation Tide is Turning!

In our post on January 28, 2021 “Gold, The Tried-and-True Inflation Hedge for What’s Coming!” we outlined four reasons that we expect higher inflation over the next several years. The brief bullet points are: Money Supplies have risen dramatically Commodity Prices are rising again Reduced Globalization as ‘Made at Home’ policies are proliferating Pent up […]

READ MORE

Tavi Costa- The Fed is Trapped

Tavi Costa of Crescat Capital joins Dave Russell of GoldCore TV this week. He highlights the basic pillars of inflation and why owning tangible assets like gold and silver is now more important than ever. Watch the full interview to find out more. Watch the Video to Learn More Make sure you don’t miss a […]

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