– Russia adds another 1,000,000 ounces (31.1 tons) to gold reserves in February – Russia’s gold reserves now 2,149 tons; 5th largest gold reserves in the world – Central bank of Russia buys all of Russian domestic gold production – Russia views gold bullion as “100% guarantee from legal and political risks” – As Brexit and […]
Exclusively For Retail, Pension and HNW Clients Brexit and other arguably more significant financial risks such as Basle III loom. Given the many risks of today, we believe precious metal buyers should own gold and silver coins and bars in at least two jurisdictions. We have decided to provide exclusively to our clients a valuable […]
In the just release Goldnomics Podcast (Episode 11), Mark O’Byrne and Stephen Flood are interviewed by Dave Russell as they discuss the systemic challenges facing our planet and the five key ways to prosper in the coming global crisis. Topics considered are – Political, financial, economic and monetary systems are failing and will likely collapse […]
Germany Makes Its Big Bank Problem Even Bigger EU and ECB Need To Be Ready For The Consequences If This Doesn’t End Well by Bloomberg Editorial Board Germany has come up with a solution to the deep troubles at one of the world’s largest banks: make it part of an even bigger one. The people who […]
Wishing you health, wealth and good luck this Saint Patrick’s Day! May your home be filled with laughter May your pockets be filled with gold And may you have all the happiness Your heart can hold Irish Cladagh Blessing News and Commentary Gold rises on softer dollar, global uncertainties (Reuters.com) Gold Struggles At Resistance During […]
– Internet’s “off switch” increasingly used to curb political and economic freedom – Internet shutdowns were seen 188 times throughout the world in 2018 (see table) – Democratic India experienced 154 internet shutdowns in just 30 months – Technologically advanced EU countries Spain and Estonia experienced shutdowns – Gallup poll shows people more worried about cybercrime […]
Buy Gold as Basel III Means “Central Banks and Banks Are Going To Be Buying Gold” – “Basel III rules (on April 1st) are basically making gold more attractive” as they have a “focus on financial soundness” and more “central banks and banks are going to be buying gold” – The financial expert and former U.S. […]
Gold Versus Bitcoin – Which Is The True Store Of Value? by Adam Strauss via Forbes As the fiscal position of the United States continues to deteriorate at the same time that foreign countries are scaling back on their purchases of U.S. Treasuries, many investors are rightly worried about where they can hide from a potential […]
– Silver prices are low right now and it is time to buy at these bargain prices – Economists can forecast the next financial earthquake about as well as seismologists can predict a tsunami – Fear of war, defaults, inflation, civil unrest and anything that undermines trust in government may drive up precious metal prices – Silver […]
– ECB has just loosened monetary policy. What if that isn’t enough? – ECB says the risks to Europe’s economies lean to the downside – Trade wars could get worse and political turbulence could increase – Brexit, could deliver an especially brutal blow – Euro set to depreciate against gold (see chart) By Bloomberg Editorial Board […]
China increased its gold reserves for a third straight month in February, data from the People’s Bank of China (PBOC) showed this morning. The value of China’s gold reserves rose slightly to $79.498 billion in February from $79.319 billion at the end of January, as the central bank increased the total amount of gold reserves […]
Precious Metals SWOT Analysis: JPMorgan Is Bullish on Gold by Frank Holmes via GoldSeek Precious Metal Strengths The best performing metal this week was palladium, up 2.81 percent with continued price strength. Gold traders were split between bullish, bearish and neutral on the yellow metal this week as prices struggled to recover and posted a […]
– Gold and silver look set “trade higher again on a secular basis” – The Fed is now dovish and are unlikely to go “back hawkish again any time soon” – Smart money UK investors such as Ned Naylor-Leyland & Charlie Morris are bullish – “Gold coins and bars are in short supply in the […]
Money Doctor John Lowe: Invest In Gold In 2019 By John Lowe, The Money Doctor via RTE Diamonds may have the edge when it comes to a girl’s best friend but as the world becomes more volatile year by year, investing in the yellow metal is de rigueur and a prudent strategy in a balanced portfolio. They […]
– Why gold is down for the month, but still on a long-term track to reach $2,000 an ounce “A $22 trillion national debt and the lack of any will to rein in massive spending is making America’s creditors nervous and…the ‘risk free’ status of U.S. Treasuries will come into question” said GoldCore – “Central […]
In Business and Finance, Ireland’s leading business magazine, latest CEO Q+A, speak to Stephen Flood, CEO of GoldCore, about the global economy, debt levels, and making the most of your personal strengths. Q. What are your main priorities and goals in your role? To provide a convenient, efficient and most importantly safe way of owning gold bullion for clients who […]
– U.S. Mint suspends silver bullion coin sales after sales double in February – Silver investment demand for American Eagles (one ounce) silver bullion coins depletes West Point Mint inventories – U.S. Mint suspended sales of American Eagle (1 oz) coins on Feb. 21 because it had no coins left to sell – With increased investment demand, the Mint […]
– MMT: Modern monetary madness and pet economists – Can this really be a thing? Actually printing money as an economic policy? – Begin structuring portfolios and lives to avoid being in a tunnel with an oncoming train by John Mauldin via Mauldin Economics More than 10 years ago some Australian readers begin regaling me with the ideas […]
Good sense broker prefers gold to all that glitters The CEO of GoldCore puts family before life in the fast lane and tells The Times that he is excited by the outlook for gold, fintech and the blockchain Stephen Flood, GoldCore CEO, as a 21 year old very quickly quit a job at a New […]
– Last week, the United States national debt ticked above US$22 trillion for the first time, an amount equivalent to $67,000 per U.S. citizen – The U.S. federal government owes more money than any other institution in the history of human civilization and it’s just getting worse – Below, a few factoids about just how […]