– History may repeat itself for gold demand and prices as world economy looks set to slow – Three reasons for gold’s extended rally from 2008 to 2011 may be making a comeback – As global growth looks to be slowing, hopes grow for repeat of 2008-11 rally that saw gold almost triple in value by […]
For first time in over 16 years, palladium futures settle at a premium to gold futures Gold futures on Wednesday resumed their climb toward the psychologically important price of $1,300 an ounce, settling at their highest in nearly two weeks on the back of political turmoil in the U.K. and U.S. Caution among traders had […]
Gold Holds Steady Over £1,000 – Increased Likelihood Of A Disorderly Brexit – Gold supported near $1,300/oz ahead of important British Brexit no-confidence vote – Gold is consolidating in range between $1,280 and $1,300/oz (over £1,000/oz and €1,100/oz) – A break of resistance at $1,300 will likely see gold rise rapidly in all currencies – Physical demand […]
Turbulence and Brexit Make Safer Options Like Gold and Cash Essential – Turbulent markets and Brexit mean it is essential to consider safer options like gold – You need to take some risk in a portfolio – cash, gold and planning are essential – To build a financial fortune & long-term wealth one must diversify […]
– Case for a pending financial collapse is well grounded warns Rickards – “Ticking time bomb” the Federal Reserve has created is set to go off… – Economist warns U.S. high-yield debt, default of “junk bonds” could cause next crisis – Systemic risk is “more dangerous than ever” as “entire system is larger than before” […]
– Gold to outperform stocks again in 2019 as seen in 2018 and last 15 years – 15% to 20% gains for gold and 30% to 40% gains for silver quiet likely – Given scale of under valuation, strong fundamentals including robust demand and anemic supply and high level of risk, both precious metals are […]
Gold Outlook 2019 – World Gold Council As we look ahead, we expect that the interplay between market risk and economic growth in 2019 will drive gold demand. And we explore three key trends that we expect will influence its price performance: financial market instability monetary policy and the US dollar structural economic reforms. Against […]
– “We’re experiencing a slowdown,” says Blackrock fund manager – Global Allocation Fund adding to gold exposure through ETFs – Gold “has had a very consistent record of helping mitigate equity risk when volatility is rising” – Gold bullion has been a “store of value for a very long time” by Bloomberg News Gold may extend […]
– Financial advice needed in 2019? Let six experts guide you – Save regularly, switch your mortgage, check up on tax reliefs & hedge risks in 2019 by diversifying into gold – “There are also very real risks posed by the global debt bubble as the world nears $250 trillion in debt and the global debt-to-GDP […]
– China increases gold holdings by large 320,000 ounces – Gold bullion remains a tiny component of the People’s Bank of China massive foreign exchange (FX) reserves which rose to $3.073 trillion – China’s gold reserves rose for first time since October 2016 to 59.56 million ounces by the end of December (1,853 metric tons) from 59.24 […]
– Gold over 6-month high at $1,300 on global slowdown fears – Bullion surges 5% in December and consolidates on gains this week – Gold surges to all time record highs in Australian dollars ($1,871) – Safe haven demand for safe havens as risk assets sold – Apple’s poor outlook sees stocks fall; Markets now wagering on […]
– Gold acts as hedge in 2018 – up 2.7% and 3.8% in euros and pounds (see tables & charts) – Stocks fall sharply – S&P500, FTSE & Euro Stoxx 5o fall 6.25%, 12.5% & 15% respectively – Worst year for most international equity indices since 2008 – Sharp falls in economically sensitive commodities: oil (WTI), […]
Prepare For Global Debt Bubble Collapse with Gold and Silver (Outlook 2019 Podcast) – Risk assets and property to under-perform and precious metals to outperform (Outlook 2019 Podcast) – Hope for best but be prepared for the worst by increased allocations to cash, silver and gold – Market, economic and political uncertainty of 2018 continue […]
– Are we to prepare for a global Debt Bubble Collapse in 2019? – 2019 to see the political and economic uncertainty of 2018 continue and likely to deepen – Investors lulled into a false sense of security by politicians, brokers, bankers etc. – Much “cheer leading” of the “economic recovery” narrative and by extension […]
Happy Christmas and Wishing You a Healthy and Prosperous 2019 Image credits: hfchocolates.co.uk Happy Christmas to you and yours, We hope you had a fulfilling 2018 and thank you for your feedback, your sharing, your support and your business during the year and in recent years. Please take note of our office hours over the Christmas […]
by Frank Holmes of USFunds.com Gold traders appear excited about gold again as stocks are on pace for their worst year since 2008, and their worst December since 1931. Bullish bets on the yellow metal outnumbered bearish ones for the week ended December 11, resulting in the first instance of net positive contracts since July, […]
– Review of 2018: ‘Everything bubble’ started bursting – International stock market indices and many property markets have fallen sharply – S&P 500 -4.5%, Nikkei -8%, EuroStoxx 50 -12.5%, FTSE -13%, DAX -16.5% – Of 54 major international stock market indices, only 6 are higher (see table below) – Global property bubble bursting – London, […]
– The pillars of the global financial system are fundamentally unstable which could lead to a frightening chain-reaction in the next crisis, BIS warns – Giant “central counterparties” that clear the $540 trillion nexus of derivatives are vulnerable to failure in times of extreme stress – The Bank for International Settlements said CCPs could cause “a destabilising […]
Gold is not only flowing from West to East. It is also flowing into the house account at Goldman Sachs. Or at least the paper claims for it in New York. Below is the monthly report showing the large amounts of physical gold which have been steadily flowing through the Shanghai markets into strong hands […]
‘Hard’ Brexit Risk Sees Gold Gain In Euros and Pounds – Nears £1,000/oz & €1,100/oz Gold was lower today in dollars but saw slight gains in pounds and euros. It was supported by increasing concerns about the likelihood of a ‘hard’ Brexit, about global economic growth and uncertainty around the Fed’s interest rate policies in […]