Category Archive: 6a.) GoldCore

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Buy Gold As Fed Shows Uncertainty And Concern Over Financial ‘Imbalances’

2017-11-27

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2017-11-27

S&P 500 Index, 2008 - 2018
FOMC minutes show uncertainty and concern about markets are affecting officials’ decision-making. Officials were cautious when evaluating market conditions and the ‘damaging effects on the economy’. Worry about ‘potential buildup of financial imbalances’ and a sharp reversal in asset prices’. Members seem oblivious to impact of inflation on households and savings. Physical gold and silver remain the only assets for real diversification and...

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Geopolitical Risk Highest “In Four Decades” – Gold Demand in Germany and Globally to Remain Robust

2017-11-26

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2017-11-26

Swan
Geopolitical risk highest “in four decades” should push gold higher – Citi. Elections, political and macroeconomic crises and war lead to gold investment. Political uncertainty in Germany means “gold likely to remain in good demand as a safe haven” say Commerzbank. “There has rarely been such political uncertainty in Germany at any time in the country’s post-war history” – Commerzbank. Reduce counter party risk: own safe haven allocated and...

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Gold Versus Bitcoin: The Pro-Gold Argument Takes Shape

2017-11-24

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2017-11-24

Gold Price History, since 1915
Gold versus Bitcoin: The pro-gold argument takes shape. Why cryptocurrencies will not replace gold as a store of value. Similarities between crypto and gold but that does not make them substitutes. Gold remains a highly liquid market, cryptocurrencies continue to be fragmented and difficult to spend. Bitcoin does not make it an effective hedge against stocks

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Brexit Budget – Grim Outlook As UK Economy Downgraded

2017-11-23

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2017-11-23

Real GDP Growth, March - Nov 2017
Brexit budget – Grim outlook as UK economic forecasts downgrade. UK Chancellor uses housing market policy as smoke-screen for deteriorating economy. UK budget matters more than ever due to BREXIT risks. Policy on stamp duty will fail to aid worsening housing market. Real GDP expected to grow by just 1.5%, 40% less than projections 2 years ago. Households now face an unprecedented 17 years of stagnation in earnings. Critics claim Budget failed to...

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Money and Markets Infographic Shows Silver Most Undervalued Asset

2017-11-20

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2017-11-20

Silver Infographic
Money and Markets Infographic Shows Silver Most Undervalued Asset. Silver remains severely under owned and under valued asset. Entire silver market worth tiny $100 billion shown in one tiny square. “All of the World’s Money and Markets in One Visualization”. Must see ‘Money and Markets’ infographic shows relative size of key markets: silver bullion, gold bullion, cryptocurrencies/ bitcoin, largest companies, 50 richest people, Fed balance sheet,...

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Deepening Crisis In Hyper-inflationary Venezuela and Zimbabwe Show Why Physical Gold Is Ultimate Protection

2017-11-18

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2017-11-18

Zimbabwe Implied Annual Inflation, Aug 2015 - Oct 2017
Deepening Crisis In Hyper-inflationary Venezuela and Zimbabwe. Real inflation in Zimbabwe is 313 percent annually and 112 percent on a monthly basis. Venezuela's new 100,000-bolivar note is worth less oday thehan USD 2.50. Maduro announces plans to eliminate all physical cash. Gold rises in response to ongoing crises.

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UK Debt Crisis Is Here – Consumer Spending, Employment and Sterling Fall While Inflation Takes Off

2017-11-17

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2017-11-17

Credit Cards
UK debt crisis is here – consumer spending, employment and sterling fall while inflation takes off. Personal debt crisis coming to fore – litigation cases go beyond 2008 levels. October consumer spending fell by 2% in October, the fastest year-on-year decline in four years. Britons ‘face expensive Christmas dinner’ as food price inflation soars. Gold investors buying physical gold due to precarious UK and US outlook

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Protect Your Savings With Gold: ECB Propose End To Deposit Protection

2017-11-16

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2017-11-16

European Union
Protect Your Savings With Gold: ECB Propose End To Deposit Protection. New ECB paper proposes ‘covered deposits’ should be replaced to allow for more flexibility. Fear covered deposits may lead to a run on the banks. Savers should be reminded that a bank’s word is never its bond and to reduce counterparty exposure. Physical gold enable savers to stay out of banking system and reduce exposure to bail-ins

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Internet Shutdowns Show Physical Gold Is Ultimate Protection

2017-11-13

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2017-11-13

Internet Shutdowns, Jan 2016 - Sep 2017
Internet shutdowns (116 in two years) show physical gold is ultimate protection. Number of internet shutdowns increased in 2017 as 30 countries hit by shutdowns. Democratic India experienced 54 internet shutdowns in last two years; Brazil 2. EU country Estonia, a technologically advanced nation, experienced a shutdown. Gallup poll shows Americans more worried about cybercrime than violent crime. Governments use terrorist threat as reason for...

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Gold Coins and Bars Saw Demand Rise 17percent to 222T in Q3

2017-11-12

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2017-11-12

Bar and Coin Investment
Gold coins and bars saw demand rise 17% to 222t in Q3, driven largely by China. Chinese investors bought price dips, notching up fourth consecutive quarter of growth. Jewellery, ETF demand fell while gold coins and bars saw increased demand. Central banks bought a robust 111t of gold bullion bars (+25% y-o-y). Russia, Turkey & Kazakhstan account for 90% of 111t of central bank demand. Turkey increased gold purchases and saw broad based physical...

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Prepare For Interest Rate Rises And Global Debt Bubble Collapse

2017-11-11

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2017-11-11

Real Risk Free Rate, 1314 - 2017
Diversify, rebalance investments and prepare for interest rate rises. UK launches inquiry into household finances as £200bn debt pile looms. Centuries of data forewarn of rapid reversal from ultra low interest rates. 700-year average real interest rate is 4.78% (must see chart). Massive global debt bubble – over $217 trillion (see table). Global debt levels are building up to a gigantic tidal wave.

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Platinum Bullion ‘May Be One Of The Only Cheap Assets Out There’

2017-11-10

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2017-11-10

Platinum Price in USD, 2004 - 2016
Platinum Bullion ‘May Be One Of The Only Cheap Assets Out There’Platinum “may be one of the cheap assets out there” and “is cheap when compared with stocks or bonds” according to Dominic Frisby writing in the UK’s best selling financial publication Money Week.

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Stumbling UK Economy Shows Importance of Gold

2017-11-08

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2017-11-08

UK Flag
UK economy outlook bleak amid Brexit, debt woes and rising inflation. Confidence in UK housing market at five-year low. UK high street sales crash at fastest rate since 2009. Number registering as insolvent in England and Wales hit a five-year high in Q3. UK public finance hole of almost £20bn in the public finances set to grow to £36bn by 2021-22. Protect your savings with gold in the face of increased financial woes in UK.

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World’s Largest Gold Producer China Sees Production Fall 10 percent

2017-11-07

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2017-11-07

China Gold Mine Production 1H 2016 vs 1H 2017
Gold mining production in China fell by 9.8% in H1 2017. Decreasing mine supply in world’s largest gold producer and across the globe. GFMS World Gold Survey predicts mine production to contract year-on-year. Peak gold production being seen in Australia, world’s no 2 producer. Peak gold production globally while global gold demand remains robust.

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German Investors Now World’s Largest Gold Buyers

2017-11-06

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2017-11-06

China Total Debt, 2004 - 2017
Today, gold is increasingly viewed by German investors as a regular form of saving: 25% of those surveyed in 2016 said their gold purchase had been part of a regular review of their investments, while 23% said it was part of their retirement planning.

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Gold Price Reacts as Central Banks Start Major Change

2017-11-05

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2017-11-05

Gold Price in GBP
Bank of England raised interest rates for the first time in ten years. President Trump announces Jerome Powell as his choice to lead the U.S. Federal Reserve. Most investors outside the US Dollar and Euro see gold prices climb after busy week of central bank news. Inflation now at five-year high of 3%. Inflation, low-interest rate, debt crises and bail-ins still threaten savers and pensioners.

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Why Switzerland Could Save the World and Protect Your Gold

2017-11-03

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2017-11-03

Claudio Grass
Precious metals advisor Claudio Grass believes Switzerland can serve as an example to rest of world. Switzerland popular for gold storage due to understanding of the risks inherent in fiat money and gold’s value as a store of wealth. International investors opt to store gold in Swiss allocated accounts due to tradition of respecting private property.

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Invest In Gold To Defend Against Bail-ins

2017-11-02

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2017-11-02

The War of Wealth
Italy’s Veneto banking meltdown destroyed 200,000 savers and 40,000 businesses. EU bail-in rules have wiped out billions for savers and and businesses, with more at risk. Bail-ins are not unique to Italy, all Western savers are at risk of seeing savings disappear. Counterparty-free, physical gold bullion is best defence against bail-ins.

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Wozniak and Thiel Fuel Bitcoin-Gold Debate: Gold Comes Out On Top

2017-11-01

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2017-11-01

Bitcoin
Gold versus bitcoin debate makes further headlines as tech experts weigh in. Peter Thiel tells Saudi conference he believes bitcoin is underestimated and compares to gold. Steve Wozniak tells Money 20/20 that bitcoin is a better standard of value than gold and U.S. dollar. Both men recognise that the US dollar has little value and there are worthy competitors to its crown as reserve currency. Gold continues to hold its value and has multiple uses,...

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Gold Is Better Store of Value Than Bitcoin – Goldman Sachs

2017-10-29

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2017-10-29

Bitcoin Price in USD, Jan - Oct 2017
Gold is better store of value than bitcoin – Goldman Sachs report. Gold will continue to perform well thanks to uncertainty and wealth demand. Bitcoin’s volatility continues to impact its role as money. Gold up 12% in 2017, bitcoin over 600%. BTC is six times more volatile than gold – see chart.

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