Smart Money interviews the Research Director of GoldCore, Mark O’Byrne, in the first Smart Money Series Online Live Conference. The presentation including slides begins at 1 hour 12 min and 42 seconds.
◆ Why do people buy gold and what are it’s benefits to investors and pension owners?
◆ Why do Bank of America believe that gold may double in the next 18 months and what do you think could stop gold from reaching record highs and the prices cited by Bank of America?
◆ Why silver and do you still think that silver is undervalued and why do you think this?
◆ One way to invest in gold is to buy gold ETFs or into the precious metal mining companies, what are your thoughts on this?
◆ What are the benefits of owning the physical gold and silver assets?
Presentation Images
i) Intro slide – Who are GoldCore?
ii) Gold’s relative performance in 2020 YTD
iii) Gold price performance over 15 years
iv) Gold preserves wealth as all fiat currencies devalued (1900-2020)
v) Closing slide – Contacting GoldCore
NEWS and COMMENTARY
Gold gains after Fed ramps up support measures
Gold Steadies Before Fed’s Powell Takes Center Stage
The Fed says it is going to start buying individual corporate bonds, ability to buy up to $750 Billion
U.S. Treasuries saw second month of heavy foreign selling in April: foreigners sold $176.7 Billion
Dow closes 150 points higher as Fed announcement sparks big comeback from massive losses
North Korea ‘blows up joint liaison office’ with South
3 Indian soldiers killed in clashes on Chinese border
Owner of gold bars worth over €169k left on a Swiss commuter train still unknown
GOLD PRICES (USD, GBP & EUR – AM/ PM LBMA Fix)
15-Jun-20 1710.40 1710.45, 1365.58 1361.52 & 1520.72 1516.83
12-Jun-20 1735.85 1733.50, 1374.10 1378.13 & 1533.28 1534.15
11-Jun-20 1731.90 1738.25, 1361.79 1373.74 & 1519.57 1528.10
10-Jun-20 1717.65 1722.05, 1346.64 1350.26 & 1511.88 1515.23
09-Jun-20 1707.50 1713.50, 1350.46 1348.87 & 1515.41 1510.62
08-Jun-20 1692.00 1690.35, 1333.97 1331.32 & 1496.91 1494.61
05-Jun-20 1709.55 1683.45, 1353.79 1327.91 & 1510.22 1490.53
04-Jun-20 1706.45 1700.05, 1363.97 1353.58 & 1523.86 1507.77
03-Jun-20 1717.60 1705.35, 1364.80 1355.41 & 1531.41 1519.81
02-Jun-20 1740.25 1742.15, 1385.76 1386.58 & 1556.83 1556.44
01-Jun-20 1734.80 1730.60, 1398.77 1393.13 & 1559.76 1556.16
29-May-20 1725.65 1728.70, 1401.92 1399.73 & 1550.15 1554.97
28-May-20 1723.30 1717.35, 1403.28 1398.27 & 1564.93 1556.61
