Key Gold and Precious Metals News, Commentary and Charts This Week Gold and silver have eked out slight gains this week as stock markets came under pressure due to concerns about tech and oil sector valuations, Italian banks and political and financial turmoil due to Brexit. Gold is 0.65% higher for the week in dollars […]
The pound plunged against the euro, the dollar, gold and all leading currencies today as Theresa May’s UK government appeared vulnerable to collapsing and political turmoil risked creating a hard Brexit. Gold in GBP (24 Hours) The pound has fallen 2.6% against gold in less than twenty four hours seeing gold rise from £923 to […]
(Reuters) – Gold broker and storage company GoldCore said on Tuesday it had opened a gold vault in Dublin, aiming to attract investors looking for an alternative to London after Brexit. Dublin-based GoldCore, which set up the facility in collaboration with security firm Loomis International, said it was Ireland’s first institutional grade vault. “Brexit and […]
(Media Release) Investors Set To Move and Store Gold In Dublin Due To Brexit Risks – Investors in Ireland, the UK and internationally can for the first-time own gold in a secure and liquid way in accredited, professionally managed, fully insured, institutional grade vaults – Secure gold investment in Ireland for first time as global risks […]
Billion-Dollar Monthly Boost in Buying of Gold ETFs Offers Hope to Gold Investors by Myra Saefong of Marketwatch Exchange-traded funds backed by gold increased their holdings by $1 billion in October, marking a possibly bullish shift in investor sentiment toward the precious metal. The ETFs hold physical gold assets, which are equivalent to the fund’s […]
Key Gold and Precious Metals News, Commentary and Charts This Week With Brexit around the corner and stock markets plunging in October – is now the time to invest in gold is asked by This Is Money this week. They kindly mention GoldCore as a leading “online bullion dealer” of physical gold (bars and coins) and informed […]
In today’s update we look at yet another ‘Punch and Judy’ American election farce which once again ignored the ‘Elephant in the room’ – the inevitable U.S. $121.7 trillion debt crisis and the coming global $250 trillion debt crisis. We briefly look at the outcome of the elections, how markets have reacted in the short […]
– Gold ETFs saw inflows in volatile October as investors again hedged risk – Gold ETFs see demand of 16.5 tonnes(t) in October to total of 2,346t, the equivalent of US$1B in inflows – Global gold demand was robust in Q3 – demand of 964.3 tonnes – plus 6.2t yoy – Strong central bank and store of value […]
Venezuela Seeks Return Of Gold Worth $550 Million From Bank of England CARACAS (Reuters) – Venezuela is seeking to repatriate about $550 million in gold bars from the Bank of England because of fears it could be caught up in international sanctions on the country, two sources with direct knowledge of the effort told Reuters. […]
Big Short’s Eisman Is Shorting U.K. Banks on Brexit – Eisman says U.K. is one of the biggest risks globally – He is betting against two UK banks in the lead up to Brexit – Eisman may short 50 other UK firms if “Trotskyite” Corbyn becomes UK PM – Eisman is famous for betting against the US housing […]
Key Gold and Precious Metals News, Commentary and Charts – This Week’s Golden Nuggets After a volatile month, which is being called “Red October,” our latest video update was released and we considered the sharp fall in stock markets globally, falling property markets in the UK and Australia and gold’s safe haven gains in all currencies. Gold acted as […]
Alarm Bells Ring and Gold Rises In October As Stocks and Property Fall Globally – Video Update In our latest video update, we consider the performance of markets in a volatile October. Stock markets globally fell sharply while gold acted as a hedge in all currencies, rising 1.7% in dollars, 4.4% in euro terms and […]
(by Reuters from BOSTON, LBMA) The price of gold is expected to rise to $1,532 an ounce by October next year, delegates to the London Bullion Market Association’s (LBMA) annual gathering predicted on Tuesday. Gold in USD (10 Years) A poll of delegates at the LBMA conference in Boston also predicted higher prices in a […]
By Frank Holmes via GoldSeek – Hungary increases gold reserves 10 fold and central bank Governor sees gold as having “economic and national strategic importance” – Central banks diversifying into gold in order to ensure the national foreign exchange reserves are “safer” and to “reduce risk” – Gold allocation reduces volatility & enhances returns in investment & […]
Golden Nuggets: Key Gold and Precious Metals News, Commentary and Charts This Week Here is our Friday digest of the important news, commentary, charts and videos we were informed of this week. The old Wall Street adage is that they “never ring a bell at the top” but there was a real sense this week that […]
– Is Dublin’s property market heading for a soft landing? – Increasing fears the latest housing boom could foreshadow another slump as reported in the Financial Times – 68 per cent of prime properties in Dublin 4 and 6 have cut prices – “I doubt it will be ‘soft’ … My suspicion is that it’ll hurt like […]
– Palladium prices surge to an all-time nominal high over $1,150/oz – Russia is one of the top producers and growing tensions with the U.S. may result in a “supply crunch” – Palladium is widely used in the automotive industry and is experiencing significant demand and a “supply crunch” – Deep supply deficits in palladium are predicted […]
THANK YOU for helping GoldCore reach our 15th year in business. We were incorporated on this day 15 years ago, on October 23rd 2003, and we are delighted to have reached this milestone and achievement. Over the years, we have been fortunate to enjoy the unwavering support of our families, government mint and refinery suppliers, vault […]
by Gary Christenson of Deviant Investor Predicting the end of the world, physical or financial, is seldom helpful. If the prediction is correct, how do you profit from the insight? If the prediction is wrong and the “end of the world” is delayed (typical), you lose credibility. An estimate of risk versus reward based on an […]
Gold Reserves Surge 1,000% In Hungary As It Joins Poland, Russia, China and Other Central Banks Buying Gold News, Commentary, Charts and Special Podcast on Direct Access Gold Here is our Friday digest of the important news, commentary, charts and videos we were informed by this week including our special podcast on Direct Access Gold. […]