Daily Market Update

Why Gold Is Down for the Month, But Still on a Long-Term Track to Reach $2,000/oz

News and Commentary

Why gold is down for the month, but still on a long-term track to reach $2,000 an ounce according to GoldCore (MarketWatch.com)

Gold hits two-week low as upbeat U.S. data lifts dollar (Reuters.com)

Romania Ruling Party Battles Bank Over Gold Reserves, Return 95% back (BalkanInsight.com)

Growing China downdraft chills Asia factory activity (Reuters.com)

Oil climbs amid OPEC-led supply cuts, but economic weakness drags (Reuters.com)

Stocks Post Year’s First 3-Day Slide; Dollar Gains: Markets Wrap (Bloomberg.com)

Gold’s Four-Month Winning Streak on the Line Today (GoldCore in Barrons) (Barrons.com)

Gold – here’s why it just might be different this time (MoneyWeek.com)

Trump Returns Home to Face the Mueller Music (Bloomberg.com)

Home Prices in Sydney & Melbourne Spiral Down, Bust Spreads (WolfStreet.com)

Murphy and Hemke on Silver and Palladium Manipulation (Youtube.com)

Stockman on Peak Trump, The Undrainable Swamp & the Fantasy of MAGA (Youtube.com)

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Gold Prices (LBMA PM)

28 Feb: USD 1,325.45, GBP 996.21 & EUR 1,162.82 per ounce
27 Feb: USD 1,326.45, GBP 998.02 & EUR 1,164.09 per ounce
26 Feb: USD 1,327.55, GBP 1005.79 & EUR 1,168.11 per ounce
25 Feb: USD 1,329.15, GBP 1016.80 & EUR 1,170.32 per ounce
22 Feb: USD 1,322.25, GBP 1016.15 & EUR 1,166.49 per ounce
21 Feb: USD 1,335.05, GBP 1021.85 & EUR 1,177.78 per ounce

Silver Prices (LBMA)

28 Feb: USD 15.81, GBP 11.89 & EUR 13.85 per ounce
27 Feb: USD 15.86, GBP 11.91 & EUR 13.92 per ounce
26 Feb: USD 15.83, GBP 11.98 & EUR 13.93 per ounce
25 Feb: USD 15.95, GBP 12.19 & EUR 14.04 per ounce
22 Feb: USD 15.87, GBP 12.20 & EUR 14.00 per ounce
21 Feb: USD 15.91, GBP 12.19 & EUR 14.02 per ounce

Recent Market Updates

– “Gold Is A Global Thermometer Of Risk” – CEO Q+A: Stephen Flood, GoldCore
– U.S. Mint Suspends Silver Bullion Coin Sales After Sales Double In February
– MMT: Modern Monetary Madness Will Lead To Higher Taxes and Inflation
– Gold Broker Has Good Sense and Prefers Gold To All That Glitters (The Times)
– The Utterly Unbelievable Scale of U.S. Debt Right Now
– The Best Time In History To Buy GOLD
– Jim Willie Interviews Mark O’Byrne – Prepare Now For Global Financial Crisis II
– 7 Major Flaws Of The Global Financial System – Excellent Infographic
– The Case for Gold In 2019 – The Economist
– Invest In Gold As a Hedge In Cashless Society – Ex IMF Rogoff

Mark O'Byrne
Executive Director


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