via GATA Four great gold advocates were brought together on YouTube today by Phil Kennedy of Kennedy Financial to discuss the gold market and the excellent prospects for the precious metals. Roundtable participants include: – Bill Murphy, GATA Chairman – Rob Kirby of Kirby Analytics – Dave Kranzler of Investment Research Dynamics in Denver – […]
Silver prices settles at their highest since June 2018; 7 days of gains in 8 trading sessions Silver has surged over 9% so far in July; from $15.10/oz to $16.50/oz Silver rose again yesterday, its 7th gain in 8 sessions, which saw the September contract gain another 6.5 cents, or 0.4%, to settle at $16.48 […]
Sterling is under pressure today and gold near all time record highs in sterling (see chart) due to the likelihood that Britain’s ruling Conservative party will elect Boris Johnson (aka ‘BoJo’) as its new leader and Prime Minister today. The result of the weeks-long internal party election will be announced today and there are increasing […]
One of the most well informed investment analysts in the business, Joachim Fels, has warned that we are in a “currency cold war” which may see gold soar much higher. Fels is the global economic adviser at Pimco – the Californian bond asset management behemoth which has $1.76 trillion in assets under management. Yesterday he […]
Silver prices could hit $30 in the next 18 months. Silver is on a tear. Up 1.4% yesterday with plenty more in the tank. We had been expecting silver to awaken in a strong move higher, almost as if it was caught napping, while the world watched gold push through previous boundaries with conviction. Silver’s […]
Ray Dalio the American billionaire investor, hedge fund manager, and founder of investment firm Bridgewater Associates, one of the world’s largest hedge funds believes that it is “both risk-reducing and return-enhancing to consider adding gold to one’s portfolio.” In an article written in LinkedIn today, Dalio highlights the following 4 key developments that are likely […]
Europe has found a way of circumventing U.S. sanctions on Iran. The governments of France, Germany and the United Kingdom have developed a special purpose vehicle (SPV) to enable European businesses to maintain non-dollar trade with Iran without breaking U.S. sanctions. That SPV, known as INSTEX, is now up and running. The three governments announced […]
Gold is moving higher and steadily so. It’s hold north of $1,400 is impressive and worrying at the same time. We have seen record flows of late, with long term safe haven demand rising a pace. It was Germany last week and China this week, the flow of disappointing indicators is now gathering pace. China […]
Dovish statements from global central banks recently aren’t the only reason for gold’s rise past $1,400 an ounce this week to levels it hasn’t seen in nearly six years. “Gold is a global market and U.S. monetary policy, while important, is not the only driver of performance,” Juan Carlos Artigas, director of investment research at […]
Billionaire publisher Steve Forbes wrote a letter to Mark Zuckerberg last week encouraging Facebook to back Libra with gold: Dear Mr. Zuckerberg: Your company made big headlines when it announced it would be launching a cryptocurrency called the Libra in 2020. Not surprisingly, given the nature of the times, the project has been greeted with intense criticism […]
“If you assigned us [to] stabilize the dollar price of gold, monetary policy could do that, but the other things would fluctuate, and we wouldn’t care,” Powell says. Though Powell distanced himself from the Fed nomination process, his comments put him at odds with the writings of Judy Shelton, a current nominee to the central […]
A confluence of factors is leading to a rally in gold prices that could last for several years. It’s all systems go for gold investors. The bullion market is stirring from a multiyear slumber and looks set to enter a sustained rally, experts say. Double-digit increases within the next 18 months may be only the […]
Gold reserves of the National Bank of Poland (NBP) have risen by 125.7 tonnes to 228.6 tonnes, the bank announced on Friday. NBP governor Adam Glapiński added that that it had been possible to take action to repatriate a significant portion of Poland’s gold. The central bank announced on Friday that it had “carried out […]
GOLDNOMICS PODCAST (Episode 12) Watch Podcast Here or Listen on Apple Podcasts, SoundCloud or Blubrry It is now time to move to own actual physical gold coins and bars Become your own central bank and avoid ETF and online gold Take delivery and own gold and silver bullion the S.A.F.E. way Gold ETFs, online gold […]
Our mission statement since 2003 is to protect and grow the wealth of our clients and given the growing risks in the United States and internationally today, GoldCore have put together an exclusive gold and silver storage offer for our American clients. On all investment and pension purchases and precious metal (gold and or silver […]
by Bloomberg News Non-farm payrolls could provide clues on the Fed’s next move Gold bullion set for seventh weekly gain as looser policy expected Should put more than ‘5%-10% of your portfolio in gold’ today Gold is headed for the longest stretch of weekly gains since 2011 as investors count down to the release of […]
Mark O’Byrne, founder at GoldCore, gives IG TV’s Victoria Scholar his outlook for gold and silver prices and why he believes they will surpass their record nominal high prices of 2011 in the coming years. Gold is overbought and may go lower or higher in the short term, but the many financial, geopolitical and monetary […]
Avoid Online Gold, Take Delivery and Own Fully Segregated Gold Coins and Bars – Some gold buyers and investors in online gold platforms are “having difficulty getting their gold … and their cash” – “Hearing more and more unfortunate stories and I will not mention names” – Jim Willie – Physical gold and silver are […]
News and Commentary UK Housing Market Weak and London House Prices Drop Eight Quarters In A Row UK Construction Sector Suffers Worst Month in 10 Years as Brexit Bites Gold Rises on Global Growth Worries, US-EU Trade Conflict US Shares Hit Record and Gold Drops as Trade Talk Hopes Rise Wave’ of M&A Will Hit […]
GoldCore Note Gold fell 1.4% from a six year high to back below $1,400 at $1,390 an ounce today as traders took profits and sold gold futures after the U.S. and China agreed to a trade war truce. Risk assets like stocks got a bounce higher while safe havens like gold and the Swiss franc […]