Gold Blog

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 […]

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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 […]

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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, […]

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‘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 […]

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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 […]

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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 […]

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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 […]

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“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, […]

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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 […]

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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 • […]

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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 […]

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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” […]

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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 […]

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“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, […]

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Most Important Chart Of The Century For Investors?

Most Important Chart Of The Century For Investors? by Shawn Langlois of Marketwatch Price changes, ballooning debt, cash vs. stocks — and one that may just be an investor’s ‘theory to everything’ “Oh, that’s all, huh? No pressure.” That’s basically the initial response we got when we asked an assortment of financial and economic types […]

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Gold Mining Shares Are Speculative Making Gold Bullion A Better Investment

Gold Mining Shares Are Speculative and Gold Bullion Is A Better Investment – Gold mining shares require timing and are speculative – Gold mining: “maximising risk, while minimising reward” – Gold mining is increasingly complicated, difficult & much riskier – Easier, more cost efficient and safer to buy physical gold than mining stocks – “If your strategy […]

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Gold Price Increasingly Influenced By Declining Dollar Rather Than Interest Rates

Gold Price Gains Due To Declining Dollar Rather Than Interest Rates – Investors should not be put off by higher interest rates, World Gold Council research finds they do not always have a negative impact on gold – Only short-term movements in gold are ‘heavily influenced by US interest rates’ – Correlation between US interest rates […]

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Cash “Vanishes” From Bank Accounts In Ireland

Cash “Vanishes” From Bank Accounts In Ireland – Emergency cash offered by Ulster Bank as cash vanishes from accounts – Bank makes €500 available to customers whose deposits vanish – Bank investigates after hundreds of complaints on social media – “My salary has disappeared from my account today and my wife had her card declined when […]

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Russia Buys 300,000 Ounces Of Gold In March – Nears 2,000 Tons In Gold Reserves

– Russia buys 300,000 ounces of gold in March and nears 2,000t in gold reserves – Russia now holds just over 1,861 tonnes, more than officially reported by China at 1,842t – Both Russia and China have the power to destabilise US dollar by dumping dollar-denominated assets – Turkey has removed all gold held in […]

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Family Offices and HNWs Invest In Gold Again

Family Offices and HNWs Are Investing In Gold Again – Rising interest by family offices and high-net-worth (HNW) into gold bullion investments – Gold ETF assets have reached almost $100 billion due to HNWs and pension funds’ increased demand – Volatility in equities, concerns over trade wars, Trump’s Presidency and other economic worries are spurring demand […]

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