Today we bring you two video interviews about the current state of the gold market: Gold Speculators Are Least Bullish in Years and What If Gold Breaks $1200? Are gold speculators really the least bullish that they have been in years? In this video we look at what the charts are suggesting. While gold speculators […]
– Russia buys 800k ozs of gold as diversifies reserves from USD – Russia now has total gold reserves worth just $76 billion; Dumped $90 billion of US Treasuries in April and May – 25-ton addition brings Russia’s Central Bank holdings to 1,969 tons; the world’s 5th largest gold reserves – Central bank buying Russian […]
– Gold season – Is this it? Carley Garner on gold seasonality – Gold “tends to find a bottom in late July and early August” – “August is actually normally a very good month for gold” – Gold “tends to move higher through mid to late November” Gold prices have a certain seasonality to them. Typically […]
News, Market Updates and Videos You May Have Missed As it’s Friday we are bringing you our weekly digest of the news, market updates, charts and videos that caught our eye this week. We are also giving you a link to our most recent episode of the Goldnomics Podcast – Jim Rogers on Gold, Silver & Surviving […]
Gold and silver prices fell sharply again yesterday and were down 1.6% and 4.3% respectively to multi-month lows. Gold drifted lower all day and ended near its late session low of $1173.20/oz, its lowest since January 2017, for a loss of 1.6%. Gold in euros has been more robust of late and it fell to about […]
– London house prices fall at the fastest annual rate since height of the financial crisis – London house prices fall in 5th month in row, worst falls since 2009 – London rents dropped at the fastest rate in eight years – ONS – Brexit, London property slump put brake on UK house price growth – Consumer […]
Jim Rogers, legendary investor and “Adventure Capitalist” speaks with Mark O’Byrne, GoldCore’s Director of Research, in the Goldnomics Podcast (Episode 7). Are the actions of the US administration making China great again? What currency is going to challenge the US dollar as the global reserve? What can we do to protect ourselves against the next […]
As it’s Friday we are bringing you a selection of some of the precious metals articles, graphs and videos that caught our eye this week. We are also giving you a link to our most recent episode of the Goldnomics Podcast – Trump’s War with China. We have been getting some great feedback on this and our […]
By Joe Ciolli – BusinessInsider.com Credit: Reuters Leuthold Group has sounded the alarm on a valuation metric that shows the S&P 500 is twice as expensive as it was at the peak of the tech bubble. This development could have large implications for stock investors of all types, particularly value traders who make their living […]
Today we’re bringing you another clip from our upcoming Episode of the Goldnomics Podcast with the legendary investor and “Adventure Capitalist”, Jim Rogers. In this clip Jim tells us what he thinks about the long-term safe-haven status of the US dollar and what he sees as the future for the Euro currency. Jim also give […]
By: Rachel Koning Beals – News Editor Marketwatch Gold’s sharp decline over the past month serves as little surprise to the investors who want the asset to perform in just this fashion—that is, as an alternative to assets perceived as risky, like stocks. They’re betting that the opposite will be true as well, that gold […]
We are delighted to announce a very special guest for our next episode of the Goldnomics Podcast, due for release later this week. We recently had the opportunity to speak with the legendary investor and adventure capitalist Jim Rogers. Jim is an American businessman, investor, traveler, financial commentator and author. He is the Chairman of […]
As it’s Friday we are bringing you a selection of some of the precious metals articles, graphs and videos that caught our eye this week. We are also giving you a link to our most recent episode of the Goldnomics Podcast – Trump’s War with China. We have been getting some great feedback on this […]
Gold to Enter New Bull Market – Charles Nenner “Gold is going to enter a new bull market” “The first cycle will bottom after the summer” “$1,212 per ounce is our downside target” “It’s going to top $2,500 per ounce . . . in about two years or so” “Gold is in a bull market […]
By Jim Rickards courtesy of the Daily Reckoning So many credit crises are brewing, it’s hard to keep track without a scorecard. The mother of all credit crises is coming to China with over a quarter-trillion dollars owed by insolvent banks and state-owned enterprises, not to mention off-the-books liabilities of provincial governments, wealth management products […]
By John Stepek of Moneyweek It’s very easy to become parochial when it comes to thinking about property markets. We focus on the slowdown in the UK market and we ponder what’s causing it. Could it be new rules on landlords? Could it be the crackdown on overseas investors? Could it be Brexit? But this […]
Russia Sells 80% Of Its US Treasuries Description: In just over 2 months Russia has sold-off over 85% of its holdings of U.S. Treasuries, should the U.S. be concerned? – Russia has liquidated 85% of its US Treasury holdings in just two months – Russia dumps over $90 billion of Treasuries in April and May […]
This Week’s Featured Article China Gold Reserves May Be Slowly Rising If History a Guide By Ranjeetha Pakiam – Bloomberg The case for China raising its gold holdings seems compelling. A potential trade war with the U.S. that threatens growth, simmering tensions on the Korean peninsula and this year’s slump in gold prices are […]
In their outlook for the second half of 2018, the World Gold Council have identified three key macro trends that will influence gold’s behaviour and should be positive: i) positive but uneven global economic growth ii) trade wars and their impact on currency; US dollar’s rise may not last forever iii) rising inflation and an inverted […]
– South African gold production collapsed again in May – down 16% – South Africa production has collapsed 85% from 1,000 tonnes in 1970 to 145 tonnes – Long term, ongoing collapse appears to have deepened – Gold price suppression has destroyed gold mining in South Africa and rest of Africa, impacted African economies, jobs and people – ‘Peak gold’ or ‘plateau gold’ production is […]