Venezuela’s Maduro Announces Another Cryptocurrency, Now Gold-Backed

Gold and Silver Bullion – News and Commentary

Stocks Turn Lower, Dollar Rises After Fed Minutes (Bloomberg.com)

Venezuela’s Maduro Announces Another Cryptocurrency, Now Gold-Backed (SputnikNews.com)

Gold prices flat, U.S. interest rate outlook weighs (Reuters.com)

FDIC sues 16 banks alleging LIBOR manipulation in Doral Bank collapse (Reuters.com)

U.K. Economic Growth Revised Down as Consumers Hit by Inflation (Bloomberg.com)


Source: Bloomberg

Ireland – Worst Property Crisis in Western Europe Is Still Affecting Business (Bloomberg.com)

This Is Where The Next US Debt Crisis Is Hiding (ZeroHedge.com)

South Africa’s Brand New President Wants To Confiscate Land From White Farmers (ZeroHedge.com)

Meet the Italian government’s Orwellian new automated tax snitch (SovereignMan.com)

City should fear Corbyn much more than Brexit (CityAM.com)

Gold Prices (LBMA AM)

22 Feb: USD 1,323.50, GBP 952.66 & EUR 1,076.40 per ounce
21 Feb: USD 1,328.60, GBP 952.87 & EUR 1,078.16 per ounce
20 Feb: USD 1,337.40, GBP 955.97 & EUR 1,083.83 per ounce
19 Feb: USD 1,347.40, GBP 961.10 & EUR 1,085.47 per ounce
16 Feb: USD 1,358.60, GBP 964.61 & EUR 1,086.47 per ounce
15 Feb: USD 1,353.70, GBP 962.21 & EUR 1,084.45 per ounce

Silver Prices (LBMA)

22 Feb: USD 16.47, GBP 11.86 & EUR 13.40 per ounce
21 Feb: USD 16.44, GBP 11.80 & EUR 13.35 per ounce
20 Feb: USD 16.57, GBP 11.85 & EUR 13.42 per ounce
19 Feb: USD 16.72, GBP 11.92 & EUR 13.46 per ounce
16 Feb: USD 16.84, GBP 11.97 & EUR 13.49 per ounce
15 Feb: USD 16.83, GBP 11.98 & EUR 13.49 per ounce


Recent Market Updates

– Bitcoin or British Pound ‘Pretty Much Failed’ As Currency?
– Bank Bail-In Risk In European Countries Seen In 5 Key Charts
– US-China Trade War Escalates As Further Measures Are Taken
– Gold Up 3.8% In Week – If Closes Above $1,360/oz Will Be Biggest Weekly Gain In Nearly 2 Years
– Is The Gold Price Heading Higher? IG TV Interview GoldCore
– Global Debt Crisis II Cometh
– Sovereign Wealth Funds Investing In Gold For “Long Term Returns” – PwC
– Bitcoin and Crypto Prices Being Manipulated Like Precious Metals?
– “This Is Where They Completely Lost Their Minds” – Hussman
– Brexit Risks Increase – London Property Market and Pound Vulnerable
– Peak Gold: Global Gold Supply Flat In 2017 As China Output Falls By 9%
– Crypto Currency Backlash Sees Flight From Cryptos and Bitcoin
– Gold Rises As Global Stocks Plunge and Bitcoin Crashes 70%

Mark O'Byrne

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